VI FPO Peer Comparison
Vodafone Idea Limited peer comparison with similar listed entities. (As on March 31, 2023)
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|
| Vodafone Idea Limited | -8.43 | -8.43 | -15.28 | | | -0.85 | Consolidated |
| Bharti Airtel Limited | 14.80 | 14.57 | 136.72 | 84.37 | 15.84 | 8.99 | Consolidated |
| Bharti Hexacom Limited | 10.98 | 10.98 | 84.19 | 51.91 | 13.83 | 6.77 | Consolidated |
| Reliance Jio Infocomm Limited | 4.05 | 1.07 | 48.00 | | 8.43 | | Consolidated |
Notes:
- The financial information for our Company and its listed/to be listed industry peers mentioned above is based on annual reports submitted to stock exchanges for the year ended March 31, 2023.
- Closing price for Bharti Airtel Limited is taken for the fully paid-up equity share of ₹ 5 each.
- The Company has negative net worth as well as net loss for the year ended on March 31, 2023, hence RoNW has not been calculated.
- Basic and Diluted EPS refers to the Basic and Diluted EPS sourced from the publicly available financial results of the Bharti Airtel Limited for the year ended March 31, 2023.
- P/E Ratio of peers has been computed based on the closing market price (i.e., April 10, 2024) of equity shares on BSE, divided by the Diluted EPS provided under Noted above. Further, with respect to Bharti Hexacom Limited, issue price of Rs.570/ share is divided with diluted EPS.
- Return on Net Worth (%) = Net profit/(loss) after tax / Net worth at the end of the financial year ended March 31, 2023.
- 'Net worth' under Ind-As: Net worth has been defined as the aggregate value of the paid-up share capital and all reserves created out of the profits and securities premium account and debit or credit balance of profit and loss account, after deducting the aggregate value of the accumulated losses, deferred expenditure and miscellaneous expenditure not written off, as per the audited balance sheet, but does not include reserves created out of revaluation of assets, write-back of depreciation and amalgamation as on March 31, 2021; March 31, 2022 and March 31, 2023, and for nine months period ended December 31, 2023 is in accordance with Regulation 2(1)(hh) of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended.
- NAV of the peer is computed as total of equity share capital and other equity (excluding non-controlling interest, if any) at the end of the year / total number of equity shares outstanding at the end of the year. Further for Bharti Airtel Limited, the partly paid up shares are converted into fully paid up by giving weight of 25%.
