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Communications

Idea Cellular Ltd.

  • 71.10 INR
  • +0.30
  • +0.42%
  • India
    Apr 20, 2018
  • Ticker
    BOM(532822)
  • Prev. close
    70.80
  • Market cap (INR)
    308,639.93M
  • Market cap (USD)
    4,673.79M
  • Shares
    4,359.32M

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.

Business Summary

Idea Cellular Ltd. engages in the provision of telecommunication services. It operates through the following 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 gives international long distance services. The Passive Infrastructure offers passive infrastructure services. The company was founded on March 14, 1995 and is headquartered in Mumbai, India.

Financial Highlights

Mar 2017 INRUSD
Revenue355,663.89M5,303.89M
Gross Profit38,000.77M566.69M
Operating income24,571.66M366.42M
Income before tax-12,850.61M-191.63M
Net income-4,420.13M-65.91M
EBITDA102,843.70M1,533.67M
Diluted EPS-1.23-0.01
Dividends Per Share00
Total Assets967,046.94M14,892.53M
Total liabilities719,724.50M11,083.76M
Total equity247,322.44M3,808.76M
Operating cash flow76,807.30M1,145.40M
Currency in INRCurrency in USD

Historical Data

 Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017
Revenue 224,074.45M 264,319.68M 315,268.74M 359,357.24M 355,663.89M
Gross Profit 34,599.80M 47,951.87M 66,629.59M 70,197.63M 38,000.77M
Operating income 24,818.91M 37,068.19M 54,782.54M 57,735.06M 24,571.66M
Income before tax 15,773.23M 30,442.65M 49,325.32M 38,284.47M -12,850.61M
Net income 10,109.27M 19,678.20M 31,929.06M 26,711.23M -4,420.13M
EBITDA 59,596.56M 82,262.19M 107,818.76M 120,295.80M 102,843.70M
Diluted EPS 3.05 5.92 8.99 7.40 -1.23
Dividends Per Share 0.30 0.40 0.60 0.60 0
Total Assets 372,015.57M 468,028.55M 607,555.54M 801,255.02M 967,046.94M
Total liabilities 228,962.68M 302,758.81M 377,263.15M 565,750.15M 719,724.50M
Total equity 143,052.89M 165,269.74M 230,292.39M 235,504.87M 247,322.44M
Operating cash flow 53,687.92M 74,510.06M 97,522.24M 106,411.61M 76,807.30M
 Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017
Revenue 4,117.08M 4,373.67M 5,156.21M 5,488.81M 5,303.89M
Gross Profit 635.72M 793.45M 1,089.72M 1,072.19M 566.69M
Operating income 456.01M 613.36M 895.96M 881.84M 366.42M
Income before tax 289.81M 503.73M 806.71M 584.75M -191.63M
Net income 185.74M 325.61M 522.19M 407.98M -65.91M
EBITDA 1,095.01M 1,361.18M 1,763.37M 1,837.39M 1,533.67M
Diluted EPS 0.05 0.09 0.14 0.11 -0.01
Dividends Per Share 0.00 0.00 0.00 0.00 0
Total Assets 6,844.81M 7,836.72M 9,708.26M 12,099.43M 14,892.53M
Total liabilities 4,212.74M 5,069.42M 6,028.37M 8,543.17M 11,083.76M
Total equity 2,632.06M 2,767.29M 3,679.89M 3,556.26M 3,808.76M
Operating cash flow 986.44M 1,232.91M 1,594.97M 1,625.32M 1,145.40M

Valuation Measures

Mar 2017
PER--
ROA-0.49%
ROE-1.83%
Operating margin6.90%
Profit margin-1.24%

Key executives

  • Managing Director & Director: Himanshu Kapania
  • Chief Operating Officer: P. Lakshminarayana
  • Chief Financial Officer & Director: Akshaya Moondra
  • Chief Technology Officer: Anil K. Tandan
  • Chief Information Technology Officer: Prakash K. Paranjape

Shareholders

  • Grasim Industries Ltd. (23.1%)
  • Axiata Group Bhd. (16.3%)
  • Aditya Birla Group (6.5%)
  • Hindalco Industries Ltd. (5.2%)
  • First State Investment Management (UK) Ltd. (4.6%)
  • Elaine Investments Pte Ltd. (3.7%)
  • Oriana Investments Pte Ltd. (3.7%)
  • ICICI Prudential Life Insurance Co. Ltd. (Invt Port) (3.0%)
  • Franklin Templeton Asset Management (India) Pvt Ltd. (2.2%)
  • Goldman Sachs Asset Management International (1.4%)

Contact Details

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

Related Companies

  • Idea Cellular Ltd. /Cellular Towers/
  • Idea Telesystems Ltd.
  • Idea Mobile Commerce Services Ltd.
  • Idea Cellular Infrastructure Services Ltd.
  • Swinder Singh Satara & Co. Ltd.
  • Idea Cellular Services Ltd.
  • Idea Cellular Towers Infrastructure Services Ltd.
  • Idea Cellular Towers Infrastructure Ltd.
  • Spice Communications Ltd.
  • Escorts Telecom Ltd
  • RPG Cellcom
  • Escotel Mobile Communications Ltd.

Competitors

  • Reliance Communications Limited
  • Hathway Cable & Datacom Ltd.
Last Updated on 20 Apr, 2018

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