Asia300

Idea Cellular Ltd.

India

  • 1m
  • 3m
  • 6m
  • 1y
  • 2y
  • 5y
Jul 21, 2017
Prev close: 91.9
Jul 21, 2017
Market cap:
Market cap(USD):
331,399M
5,151.64M
Shares: 3,606.08M

Currency in INR

Company profile

Market(Ticker): BOM(532822)
Sector:
Industry:
Communications
Wireless Telecommunications
Full time employees: 19,107

Business summary

Idea Cellular Ltd. is a mobile services operator. It operates through three business segments: Mobility Services, International Long Distance and Passive Infrastructure. The Mobility Services segment provides global system for mobile communications based mobile and related telephony services. The International Long Distance segment provides international long distance services. The Passive Infrastructure provides passive infrastructure services. The company provides voice services, such as Hosted IVR solution, Idea Concall; connectivity services, such as Field Force Automation and Secured Connectivity Solutions; and location services. Idea Cellular was founded on March 14, 1995 and is headquartered in Mumbai, India.

Company background

Idea Cellular is a major mobile phone service operator in India and ranked third in the country by subscriber numbers. It belongs to the Aditya Birla Group, one of the three largest conglomerates in India.

Founded in 1995, Idea was managed for some time as a company jointly owned by Birla, the Tata Group, another top Indian conglomerate, and the AT&T Group of the U.S. AT&T subsequently withdrew its capital from Idea and Tata sold its equity stake in 2006 because it established a telecom company.

As a result, Birla has placed Idea under its management. Idea acquired its rival Spice Communications in 2008 and has kept expanding its market presence to become India's third largest mobile carrier after Bharti Airtel and Vodafone. It has been winning new subscribers by promoting third-generation mobile phone services in rural areas.

Aditya Birla Nuvo, the core company of the Birla group, is Idea's biggest shareholder. Other group companies, such as Hindalco Industries and Grasim Industries, are also major stakeholders. The Birla group as a whole owns a nearly 40% stake in Idea.

Nearly 20% of Idea is also owned by the Axiata Group, a Malaysia telecom company.

In the news

Financial highlights

Mar 2017

  • Local currency
  • US Dollar
Revenue 355,663.89M
Gross profit 38,000.77M
Operating income 24,571.66M
Income before tax -12,850.61M
Net income -4,420.13M
EBITDA 102,843.7M
Diluted EPS -1.23
Dividends per share --
Total assets 967,046.94M
Total liabilities 719,724.5M
Total equity 247,322.44M
Operating cash flow 76,807.3M

Currency in INR

Revenue 5,303.89M
Gross profit 566.69M
Operating income 366.42M
Income before tax -191.63M
Net income -65.91M
EBITDA 1,533.67M
Diluted EPS -0.01
Dividends per share --
Total assets 14,892.53M
Total liabilities 11,083.76M
Total equity 3,808.76M
Operating cash flow 1,145.40M

Currency in USD

Valuation measures

Mar 2017

PER --
ROA -0.49%
ROE -1.83%
Operating margin 6.90%
Profit margin -1.24%

Key executive

  • Chief Executive Officer, Director & MD: Himanshu Kapania
  • Chief Operating Officer: P. Lakshminarayana
  • Chief Financial Officer & Whole Time Director: Akshaya Moondra
  • Chief Technology Officer: Anil K. Tandan
  • Chief Information Technology Officer: Prakash K. Paranjape

Share holders

  • Grasim Industries Ltd.(27.9%)
  • Axiata Group Bhd.(19.7%)
  • Aditya Birla Group(7.8%)
  • Hindalco Industries Ltd.(6.3%)
  • First State Investment Management (UK) Ltd.(6.3%)
  • ICICI Prudential Life Insurance Co. Ltd. (Invt Port)(2.9%)
  • Goldman Sachs Asset Management International Ltd.(1.7%)
  • ICICI Prudential Asset Management Co. Ltd.(1.4%)
  • The Vanguard Group, Inc.(1.3%)
  • Schroder Investment Management Ltd.(1.2%)

Address

  • Website: http://www.ideacellular.com
  • Address: Birla Centurion, Century Mills Compound, 10th floor, Mumbai, 400030, India
  • Phone: +91.95.94003434

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