About Vodafone India Limited
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Vodafone India Limited was a public limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Vodafone Group Plc. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the telecom service providers segment of the telecommunications sector. It was incorporated on 21 February 1992.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U32200MH1992PLC119108. Its GSTIN is 27AAACH5332B1Z4 (Maharashtra).
The company had an authorised share capital of ₹5,000 Cr and a paid-up capital of ₹1,930.42 Cr. It was formerly known as Vodafone Essar Limited. It was led by directors including Sunil Sood (Managing Director) and Balesh Sharma (Whole-Time Director).
Its last annual general meeting (AGM) was held on 02 July 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Peninsula Corporate Park Ganpatrao Kadam Marg Lower Parel, Mumbai, Maharashtra, India – 400013.
As per the financials filed for FY 2018, the company reported a revenue of ₹4,047.5 Cr, a decline of 19% compared to the previous year. For the same year it recorded a net loss of ₹3,948 Cr (net margin -97.5%) and EBITDA of ₹6,760 Cr (EBITDA margin 167%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years.
Its group structure included 11 subsidiaries and 1 joint venture.
As per MCA filings, the company had satisfied charges of ₹28,000 Cr on record. Court records list 18,623 cases involving the company, including 17,539 filed by the company and 1,085 filed against it; 256 cases are pending. The company has 9 deals on record (4 secondary share transfers, 3 rights issues, 2 acquisitions); the latest was in April 2018. Its 8 peer companies in the Telecom industry (Telecom Service Providers), with the same principal business activity (wired, wireless or satellite telecommunication activities) are compared by revenue, 3 larger and 5 smaller; the largest is Bharti Airtel Limited with revenue of ₹1,74,559 Cr.
The last known website on record is vodafone.in.
Company details
CIN history
Vodafone India has one previous CIN (Corporate Identification Number): U32200MH1992PTC119108. The current CIN is U32200MH1992PLC119108, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U32200MH1992PLC119108 | Current |
| U32200MH1992PTC119108 | Previous |
Contact details
Vodafone India Limited's registered office is in Mumbai, Maharashtra. Its website is vodafone.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPeninsula Corporate Park Ganpatrao Kadam Marg Lower Parel, Mumbai, Maharashtra, India – 400013
- IndustryTelecom, Telecom Service Providers
To see the full contact details of Vodafone India Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Vodafone India is information and communication. In detail, this covers wired, wireless or satellite telecommunication activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J5 | Wired, wireless or satellite Telecommunication activities |
To see the full business activity and turnover split of Vodafone India Limited, buy the company report.
Financials of Vodafone India Limited
FY 2018 filings availableVodafone India Limited reported revenue of ₹4,047.5 Cr (down 19% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 9% over three years, including a 19% fall in the latest year. EBITDA fell 31% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹4,047.5 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹6,760 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹3,948 Cr | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
| Total Liabilities | ||||
| Fixed Assets | ||||
| Investments | ||||
| Inventories | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
| Total Assets | ||||
Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 167% | |||
| Net Profit Margin | -97.5% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
| Debt-to-Equity Ratio | ||||
| Interest Coverage Ratio | ||||
| Efficiency and Growth | ||||
| Asset Turnover | ||||
| Receivable Days | ||||
| Payable Days | ||||
| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Vodafone India Limited, buy the company report.
Board of directors and KMP of Vodafone India Limited
Vodafone India Limited currently reports 10 directors and 1 key managerial person. 46 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashwani Windlass | Director | 26 May 2012 | 14 Years 4 Months | As last reported |
| Vivek Badrinath | Director | 22 Nov 2016 | 9 Years 11 Months | As last reported |
| Balesh Sharma | Whole-Time Director | 13 Apr 2017 | 9 Years 6 Months | As last reported |
| Analjit Singh | Director | 23 Mar 2006 | 20 Years 7 Months | As last reported |
| Sunil Sood Also directs: Vodafone Idea Limited, White Spread Foods Private Limited, Jalpak Foods India Private Limited and 1 more | Managing Director | 01 Apr 2015 | 11 Years 6 Months | As last reported |
| Vikram Singh Mehta | Director | 21 Jan 2013 | 13 Years 9 Months | As last reported |
Peer comparison
Vodafone India Limited is compared with the 8 companies closest to it by revenue in the Telecom industry (Telecom Service Providers), with the same principal business activity (wired, wireless or satellite telecommunication activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bharti Airtel Limited | ₹1,74,559 Cr (FY 2025) | 15.0% | Gurugram, Haryana, India | |||
| Reliance Jio Infocomm Limited | ₹1,15,088 Cr (FY 2025) | 14.0% | Ahmedabad, Gujarat, India | |||
| Vodafone Idea Limited | ₹44,592 Cr (FY 2025) | 4.0% | Gandhinagar, Gujarat, India | |||
| Vodafone Mobile Services Limited | ₹33,211 Cr (FY 2018) | -17.0% | Mumbai, Maharashtra, India | |||
| Bharat Sanchar Nigam Limited | ₹23,446 Cr (FY 2025) | 10.0% | New Delhi, Delhi, India | |||
| Tata Communications Limited | ₹21,049 Cr (FY 2024) | 16.0% | Mumbai, Maharashtra, India | |||
| Aircel Limited | ₹11,469 Cr (FY 2017) | -1.0% | Mumbai, Maharashtra, India | |||
| Telenor (India) Communications Private Limited | ₹4,794.6 Cr (FY 2017) | 5.0% | New Delhi, Delhi, India | |||
| Vodafone India Limitedthis company | ₹4,047.5 Cr (FY 2018) | -₹3,948 Cr | -97.5% | -19.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Vodafone India Limited, buy the company report.
Auditor
Vodafone India Limited is audited by Lovelock & Lewes for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Lovelock & Lewes | FY 2018 | 301056E |
Shareholding
The shareholding of Vodafone India Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Vodafone India Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Feb 2006 | 80039461 | Il & Fs Trust Company Limited | ₹28,000 Cr | Satisfied |
To see the full charge records of Vodafone India Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Vodafone India Limited has 9 deals on record (4 secondary share transfers, 3 rights issues, 2 acquisitions); the latest was in April 2018.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2018 | Acquisition | ₹3,800 Cr | Buyer: Elevar Digitel Infrastructure Private Limited Seller: Vodafone India Limited |
| Mar 2017 | Acquisition | ₹82,618 Cr | Buyer: Vodafone Idea Limited Seller: Vodafone Group Plc. |
| Sep 2016 | Rights issue | ₹37,700 Cr | Investors: Euro Pacific Securities Limited, Prime Metals Private Limited , 2 individuals |
| May 2016 | Rights issue | ₹10,000 Cr | Investors: Euro Pacific Securities Limited, Prime Metals Private Limited , 2 individuals |
| Mar 2015 | Rights issue | ₹6,000 Cr | Investors: Euro Pacific Securities Limited, Prime Metals Private Limited , 2 individuals |
To see the full deal history of Vodafone India Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Vodafone India Limited has 18,623 court cases on record: 17,539 filed by Vodafone India, 1,085 filed against it. 256 cases are pending and 18,367 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 17,447 | 78 | 83 |
| High courts | 1,115 | 961 | 140 |
| Supreme Court | 61 | 46 | 33 |
Cases on record (5 of 18,623)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Court case (C.S(COMM DIV)) | Filed against the company by KVN Productions LLP | Pending |
| Madras High Court | Original application | Filed against the company by Aamir Khan Productions Pvt Ltd | Pending |
| Madras High Court | Original application | Filed against the company by KVN Productions LLP | Pending |
| Madras High Court | Appeal | Filed against the company by M/S Sun TV Network Ltd | Pending |
| Madras High Court | Court case (C.S(COMM DIV)) | Filed against the company by Reliance Industries Limited | Pending |
To see the full case history of Vodafone India Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Vodafone India Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Vodafone India has 11 subsidiary companies and 1 joint venture. This group structure data is as of FY 2018. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| You Broadband India Limited | U51909MH2000PLC139321 | |
| Vodafone Towers Limited | U64200DL2007PLC207420 | |
| Vodafone Mobile Services Limited | U64202MH1992PLC296375 | |
| Vodafone India Ventures Limited | U64204MH2016PLC287257 | |
| Vodafone Foundation | U65999MH2008NPL182612 | |
| Vodafone M-Pesa Limited | U67100MH2014PLC258108 |
To see the full group structure of Vodafone India Limited, buy the company report.
GST
Vodafone India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACH5332B1Z4 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vodafone India Limited, buy the company report.
Recent activity
Vodafone India Limited has 57 board changes on record since 2006: 11 appointments and 46 cessations. The latest: Ravinder Takkar ceased to be Additional Director on 02 Jul 2018.
51 earlier events are in the company report.
News
Frequently asked questions
Vodafone India has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Vodafone India was a public limited company based in Mumbai, Maharashtra, India. The company worked in telecom service providers, within the telecom industry. It was incorporated on 21 February 1992 and is registered under CIN U32200MH1992PLC119108. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Vodafone India was incorporated on 21 February 1992. It is registered with the Registrar of Companies, Mumbai.
Vodafone India had 11 directors and KMP:
- Sunil Sood - Managing Director
- Balesh Sharma - Whole-Time Director
- Ashwani Windlass - Director
- Vivek Badrinath - Director
- Analjit Singh - Director
- Vikram Singh Mehta - Director
- Ravinder Takkar - Director
- Shyamala Gopinath - Director
- John William Lorimer Otty - Director
- Chittranjan Dua - Director
- Manish Dawar - Cfo
The CIN (Corporate Identification Number) of Vodafone India is U32200MH1992PLC119108. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Vodafone India is at Peninsula Corporate Park Ganpatrao Kadam Marg Lower Parel, Mumbai, Maharashtra, India – 400013.
Vodafone India can be reached through the website vodafone.in. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Vodafone India on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 02 July 2018. Year-wise statements from 2015 are in the company report.
The GSTIN of Vodafone India is 27AAACH5332B1Z4, registered in Maharashtra.
Vodafone India operated in the telecom industry, in the telecom service providers segment.
Vodafone India has 9 deals on record (4 secondary share transfers, 3 rights issues, 2 acquisitions); the latest was in April 2018.