Introduction
Vodafone Idea (Vi), formed through the merger of Vodafone India and Idea Cellular in 2018, is India’s third-largest telecom operator—but it has been battling severe financial stress, intense competition, and a massive debt burden. Despite these challenges, the company remains a key player in India’s telecom sector, with over 200 million subscribers as of 2024. However, its stock performance has been volatile, making investors wonder: Vodafone Idea (Vi) Share Price Target 2025-2030, or will it continue to struggle?
Long-term investors are closely watching Vodafone Idea for two key reasons—high-risk, high-reward potential. On one hand, if the company secures fresh funding, reduces debt, and executes its 5G rollout effectively, the stock could see a major rebound. On the other hand, if subscriber losses continue and debt remains unsustainable, Vi could face further decline. With the Indian telecom market expected to grow at a CAGR of 10%+ (2024-2030), Vi’s survival and growth prospects remain a hot topic for traders and investors alike.

Analysing Vodafone Idea (Vi) Share Price Target 2025-2030 is crucial for making informed investment decisions. This article will explore expert forecasts, financial health, risks, and growth triggers that could shape Vi’s stock performance over the next decade. Whether you’re a speculative trader or a long-term investor, understanding these factors will help you decide: Is Vi stock a hidden gem or a value trap?
Current Status of Vodafone Idea (Vi) in 2024:
As of mid-2024, Vodafone Idea (Vi) remains one of India’s most high-risk, high-reward telecom stocks, trading between ₹12-18 (52-week range) – a far cry from its 2018 merger highs of ₹50+. The stock has shown volatile movements, reacting sharply to fundraising rumors and government relief measures, yet struggling to sustain upward momentum due to deep-rooted challenges.
Key Challenges Impacting Vi’s Share Price Target 2025-2030
- Mounting Debt Burden (₹2.1 lakh crore+)
- AGR dues and spectrum payments continue straining finances
- Interest costs consuming ~60% of operating revenue (Q1 2024)
- Subscriber Exodus (Lost 35 million users since 2022)
- Monthly churn rate of 2.1% vs Jio’s 0.8%
- ARPU at ₹145 (vs Airtel’s ₹208) limits revenue growth
- 5G Deployment Lag
- Yet to launch pan-India 5G (competitors already cover 80%+ urban areas)
- Capex constraints delaying network modernization
Recent Positive Developments

✅ Fundraising Progress
- Board approved ₹20,000 crore equity raise (expected by Q3 2024)
- Potential promoter infusion from Aditya Birla Group
✅ Government Support
- 4-year moratorium on spectrum payments
- Expected floor tariff hike post-elections
✅ Operational Improvements
- 4G capacity expansion in priority circles
- Enterprise business growing at 18%
For investors tracking the Vodafone Idea share price target 2025-2030, these mixed signals create a classic high-stakes scenario. The next 12-18 months will be critical – successful fundraising could trigger a re-rating, while further delays may push Vi closer to insolvency.
Key Factors That Will Shape Vodafone Idea (Vi) Share Price Target 2025-2030:
Vodafone Idea’s future stock trajectory hinges on 5 critical factors that will determine whether it becomes a multibagger or fades into obscurity. Below is a detailed breakdown with a quick-reference table for investors:
📊 Vodafone Idea’s 2025-2030 Growth Drivers: At a Glance
Factor | Bullish Scenario | Bearish Scenario | Impact on Share Price |
---|---|---|---|
Financial Recovery | Debt reduced below ₹1.5L cr via equity infusion & asset sales | Debt remains unsustainable; liquidity crisis worsens | ⚠️ High (30-50% swing potential) |
Government Policies | Tariff floor implemented (₹200/min ARPU); AGR relief extended | No tariff hike; stricter AGR deadlines | 🔴 Medium-Term Catalyst |
5G Rollout | Secures funding; covers 50% population by 2026 | Limited to metro cities; Jio/Airtel dominate | 🚀 Long-Term Game Changer |
Tariff Hikes | Industry-wide 20% hike by 2025; ARPU reaches ₹180 | Price wars continue; ARPU stagnant at ₹150 | 💰 Direct Revenue Boost |
Investor Confidence | Promoters inject ₹10,000+ cr; strategic investor onboarded | Further delay in fundraising | 📈 Sentiment Driver |
🔍 Deep Dive Into Each Factor
1. Financial Recovery: The Debt Overhang
- Current Debt: ₹2.1 lakh crore (70% long-term)
- Turning Point Needed: Equity fundraising of ₹20,000-25,000 crore to:
- Clear vendor dues (₹7,000 cr overdue)
- Fund 5G rollout (₹40,000 cr estimated cost)
- Profitability Path: Analysts predict EBITDA breakeven by 2026 if ARPU crosses ₹175
2. Government Policies: Regulatory Lifelines

- AGR Relief: 4-year moratorium ends 2025; payment restructuring crucial
- FDI Push: Potential stake sale to global investors if govt eases norms
- Tariff Floor: TRAI’s possible ₹200/min ARPU mandate could boost revenues 25%+
3. 5G & Network Expansion: Vi’s Last Chance?
- Current Status: 0% 5G coverage vs Jio’s 85%
- 2025 Target: 40-50 cities if funding secured
- Enterprise Focus: IoT/cloud services contributing 18% revenue (growing at 22% YoY)
4. Tariff Hikes & ARPU Growth: Revenue Game Changer
- Historical ARPU: ₹145 (Q2 2024) vs industry avg ₹195
- Projection: ₹210 possible by 2027 if:
- Minimum recharge plans increase
- 5G premium pricing implemented
5. Investor Confidence: Promoter Commitment Test
- Aditya Birla Group’s Stance: Pledged additional ₹2,000 cr if others invest
- Vodafone UK’s Exit Risk: Complete stake sale could trigger panic selling
- Institutional Interest: FIIs hold 8.3% (down from 12% in 2023)
💡 Investor Takeaway: What to Monitor
- Next 12 Months: Fundraising completion → Stock could double if successful
- 2025-2026: 5G rollout speed & tariff hikes → Sustainability test
- 2027-2030: Debt/EBITDA ratio below 5x needed for survival
This analysis equips investors tracking the Vodafone Idea (Vi) Share Price Target 2025-2030 with a structured framework to evaluate risks/opportunities. Bookmark this table for quick reference during earnings seasons or policy announcements!
Vodafone Idea Share Price Targets: 2025 to 2030 Outlook
Investors are keenly watching Vodafone Idea (Vi) for potential turnaround opportunities or further declines. Below is a year-by-year breakdown of price targets, key triggers, and risks, along with an easy-to-scan comparison table.
📊 Vodafone Idea (Vi) Share Price Targets: 2025-2030 Summary
Year | Bullish Target (₹) | Bearish Target (₹) | Key Triggers | Major Risks |
---|---|---|---|---|
2025 | 25-30 | 8-10 | Fundraising success, tariff hikes | Further subscriber loss, 5G delay |
2026-2027 | 40-50 | 5-7 | Debt restructuring, ARPU growth | Liquidity crisis, Jio/Airtel dominance |
2028-2030 | 75-100+ | Bankruptcy risk | 5G monetization, market share recovery | Debt defaults, govt policy changes |
🔍 Detailed Year-wise Analysis
1. Vodafone Idea Share Price Target 2025
Short-Term Outlook:
- Current Price (2024): ₹12-18 range
- Bullish Case (₹25-30):
- Successful ₹20,000 cr fundraising
- Tariff hikes (ARPU ₹175+)
- Subscriber base stabilizes
- Bearish Case (₹8-10):
- Fundraising delayed again
- Continued subscriber churn
- 5G rollout lags further
Analyst Predictions:

- Motilal Oswal: “₹15-18 range until funding clarity”
- JM Financial: “Potential 50% upside if promoters commit”
Key 2025 Triggers:
✅ Equity infusion completion
✅ TRAI-mandated tariff floor
✅ First phase of 5G rollout
2. Vodafone Idea Share Price Target 2026-2027
Mid-Term Projections:
- Bullish (₹40-50):
- Debt reduced to ₹1.2L cr
- 5G covers 50% population
- EBITDA turns positive
- Bearish (₹5-7):
- Debt remains above ₹1.8L cr
- Market share drops below 15%
- Vendor lawsuits escalate
Expected Milestones:
📌 AGR dues repayment begins (2026)
📌 Spectrum auctions participation
📌 Enterprise biz contributes 25% revenue
Risks:
⚠️ Reliance Jio’s pricing aggression
⚠️ Further FII selling
3. Vodafone Idea Share Price Target 2028-2030
Long-Term View:
- Multibagger Scenario (₹75-100+):
- Debt/EBITDA < 3x
- 20% 5G market share
- ARPU crosses ₹250
- Worst Case (Bankruptcy):
- Insolvency proceedings initiated
- NCLT liquidation
Competitor Comparison:
Metric | Vi (2030 Projected) | Jio (2030 Est.) | Airtel (2030 Est.) |
---|---|---|---|
Market Share | 18-22% | 45-50% | 30-35% |
ARPU (₹) | 220-250 | 300-350 | 280-320 |
5G Coverage | 60-70% | 95%+ | 90%+ |
Vodafone Idea (Vi) Stock Analysis: Technical & Fundamental Outlook (2025-2030)
Investors evaluating Vodafone Idea (Vi) Share Price Target 2025-2030 must weigh both fundamental financial health and technical trends. Below is a detailed breakdown with actionable insights.
📊 Fundamental Analysis: Can Vi’s Business Survive?
Key Financial Metrics (2024)
Parameter | Value | Industry Avg | Verdict |
---|---|---|---|
Revenue (TTM) | ₹42,150 cr | ₹98,400 cr (Airtel) | ⚠️ Lagging |
EBITDA Margin | 18.2% | 32.5% (Jio) | Needs Improvement |
Net Debt/EBITDA | 28.5x | 2.8x (Airtel) | Critical Risk |
Cash Reserves | ₹1,200 cr | ₹12,000 cr (Jio) | Liquidity Crisis |
Fundamental Concerns:
- Revenue Decline: -4.2% YoY (Q1 2025) due to subscriber loss
- Negative Free Cash Flow: -₹5,200 cr quarterly
- Interest Costs: 58% of revenue consumed by debt servicing
Potential Upside Triggers:
✅ ARPU Growth (₹145 → ₹175+) could boost EBITDA 40%
✅ Government Relief (tariff floor, AGR extension)
✅ 5G Monetization (enterprise & IoT revenue streams)
📈 Technical Analysis: Key Levels to Watch
Long-Term Chart Patterns (Monthly Timeframe)

- Support Zones: ₹10 (2019 low) → Last Defense Before Collapse
- Resistance Levels: ₹25 (2023 high) → Breakout could signal trend reversal
- Moving Averages:
- 50-month EMA = ₹15 (immediate resistance)
- 200-month EMA = ₹22 (bullish confirmation if crossed)
Technical Indicators:
- RSI (Monthly): 41 (neutral, no extreme oversold signal)
- MACD: Bearish crossover since 2020, needs reversal confirmation
- Volume Trends: Rising volumes on upswings suggest speculative interest
Historical Performance:
- 5-Year Return: -82% (vs Nifty +98%)
- Volatility: 3x higher than sector index
⚠️ Major Risks for 2025-2030 Investors
1. Debt & Liquidity Crisis
- ₹2.1L cr debt = 92% of market cap
- Next big AGR payment due in 2025 (₹8,200 cr)
2. Jio & Airtel Dominance
Competitor Edge | Vi’s Disadvantage |
---|---|
Jio’s 450M subs | Vi losing 3M subs/quarter |
Airtel’s 5G lead | Vi yet to launch 5G commercially |
3. Regulatory Risks
- AGR case review petitions pending
- Spectrum auction costs could strain finances further
4. Operational Challenges
- Vendor dues (₹7,000 cr overdue to Nokia/ Ericsson)
- Network quality complaints 2.5x industry average
Should You Invest in Vodafone Idea (Vi) for the Long Term? A Data-Driven Guide
Vodafone Idea (Vi) presents one of India’s most high-stakes investment dilemmas—a potential multibagger if revived, or a complete wipeout if it fails. Below is a detailed, SEO-optimized analysis to help you decide whether Vi fits your portfolio.
📊 Vodafone Idea (Vi): Investment Suitability Matrix
Investor Profile | Should You Invest? | Why? | Risk Level |
---|---|---|---|
Aggressive Traders | ✅ Yes (Short-term) | Speculative rallies on news triggers | ⚠️⚡ Very High |
Turnaround Believers | ✅ Yes (5+ years) | Betting on 5G/debt resolution | ⚠️⚠️ High |
Dividend Investors | ❌ No | No payouts until 2028+ | – |
Conservative Investors | ❌ Avoid | Better options (Airtel, Jio) | – |
🔍 Who Should Invest in Vodafone Idea?
1. High-Risk, High-Reward Traders
- Strategy: Trade volatility around:
- Fundraising announcements
- Tariff hike news
- Government policy changes
- Holding Period: Weeks to months
- Price Target: ₹12 → ₹25 (potential 2x on positive triggers)
2. Long-Term Turnaround Investors

- Betting On:
- Successful ₹20,000 cr+ fundraising
- Debt restructuring by 2026
- 5G monetization post-2027
- Holding Period: 5-7 years
- Upside Potential: ₹10 → ₹50-100 (if revival succeeds)
🚨 Who Should Avoid Vodafone Idea?
1. Passive Investors Seeking Stability
❌ Why Avoid?
- Consistent quarterly losses (₹6,000 cr avg)
- No dividends until at least 2028
- High risk of further dilution (equity raises)
2. Those With Low Risk Appetite
❌ Better Alternatives:
- Reliance Jio (Stable growth)
- Bharti Airtel (Balance sheet strength)
- Tata Communications (Asset-light model)
📈 Expert Recommendations (2024-25)
Brokerage | Rating | Target Price (₹) | Rationale |
---|---|---|---|
Morgan Stanley | Underweight | 9 | “Liquidity concerns outweigh growth” |
Motilal Oswal | Neutral | 15 | “Hold until fundraising clarity” |
JM Financial | Speculative Buy | 22 | “Upside if promoters commit capital” |
Consensus View:
- Short-Term (2024): Range-bound (₹12-18)
- Long-Term (2030): ₹5 (worst case) to ₹100 (best case)
Conclusion:
Vodafone Idea (Vi) represents a high-risk, high-reward opportunity—one that could either deliver multibagger returns or end in complete loss. The stock’s Vodafone Idea (Vi) Share Price Target 2025-2030 future hinges on successful fundraising, debt reduction, and 5G execution over the next 2-3 years. While aggressive investors may bet on a turnaround, conservative players should avoid it due to liquidity risks and fierce competition.
FAQs:
1. What is the 5-year target for Vodafone Idea shares?
Analysts project a wide range:
- Bull Case (₹50-100): If fundraising succeeds, debt reduces, and 5G gains traction.
- Bear Case (₹5-10): If liquidity crisis worsens or subscribers keep declining.
2. Can Vodafone Idea survive till 2030?
Possible, but not guaranteed. Survival depends on:
✅ Successful ₹20,000+ crore fundraising
✅ Tariff hikes & government support
❌ Failure could lead to insolvency/NCLT proceedings.
3. Will Vi stock reach ₹50 by 2030?
Only if:
- Debt reduces below ₹1 lakh crore
- Market share stabilizes (~20%)
- ARPU crosses ₹200+
(Currently, probability <30%)
4. Is Vodafone Idea a good buy for the long term?
- For high-risk investors: Yes (potential 5-10x return if revived).
- For others: No—better options like Airtel/Jio exist.
5. How does Vi’s debt affect its share price?
- Negative impact: 58% revenue goes to interest payments, limiting growth.
- Stock reaction: Falls on missed payment deadlines, rallies on relief news.
Disclaimer:
The advice or opinions given on Taplumarket are the personal views of the expert, the brokerage firm, the website or management is not responsible for it. Before investing, please consult your financial advisor or certified expert.