Vedanta Ltd logo

Vedanta Ltd

VEDL NSE

Key Fundamentals

MidcapDiversified MetalsMetals & Mining
Market Cap
1.0L Cr
Volatility
Moderate
P/E Ratio
5.27
EBITDA
₹24,734 Cr
Return on Equity
18.2%
Debt to Equity
0.66
Book Value
₹126.97
EPS
₹13.95
52W High
₹360
52W Low
₹157.17

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

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51 extracted metrics + investor summaries across FY15–FY26.

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Tapetide Score

Data-driven rating, 0–100. How it works →

Technical Indicators

Key Insights

Strengths

4
  • Company has reduced debt.
  • Company is expected to give good quarter
  • Company has a good return on equity (ROE) track record: 3 Years ROE 31.0%
  • Company has been maintaining a healthy dividend payout of 150%

Weaknesses

5
  • Promoter holding has decreased over last quarter: -1.66%
  • The company has delivered a poor sales growth of -2.28% over past five years.
  • Contingent liabilities of Rs.31,673 Cr.
  • Company might be capitalizing the interest cost
  • Earnings include an other income of Rs.14,343 Cr.

Growth Rate

Revenue Growth
23.92%
Net Income Growth
34.54%
Cash Flow Change
-0.16%
ROE
5.45%
ROCE
-17.54%
EBITDA Margin (Avg.)
-2.21%

AI Analysis — Bull vs Bear

Anthropic anthropic claude-opus-4.6 7d ago
AI opinion · based on fundamentals
Risk high

Vedanta Ltd trades at a PE of 3.9x with a market cap of ₹1,11,309 Cr and offers a dividend yield of 11.99%. The company has delivered strong profit growth of 37% TTM and maintains a 3-year ROE of 31%, but revenue growth has been negative at -2% over five years with significant other income of ₹14,343 Cr contributing to earnings.

Bull Case 8
  • Extremely low PE ratio of 3.9x suggests deeply discounted valuation relative to earnings power
  • Dividend yield of 11.99% with a healthy payout ratio of 150%, providing significant income return to shareholders
  • TTM profit growth of 37% indicates strong earnings momentum in recent quarters
  • 3-year ROE of 31% and last year ROE of 38% demonstrate consistently high capital efficiency
  • Stock CAGR of 82% over 1 year and 49% over 3 years reflects strong market re-rating
  • Company has reduced debt levels, improving balance sheet strength and reducing financial risk
  • 10-year compounded profit growth of 13% shows long-term earnings compounding despite commodity cycles
  • Company is expected to deliver a good upcoming quarter based on operational trends
Bear Case 8
  • Compounded sales growth of -2% over 5 years and -19% over 3 years signals persistent revenue contraction
  • Other income of ₹14,343 Cr forms a substantial portion of earnings, raising questions about core operating profit quality
  • Promoter holding decreased by 1.66% in the last quarter, indicating potential dilution or lack of promoter confidence
  • TTM sales growth of only 2% despite commodity price recovery suggests volume or pricing challenges
  • Company might be capitalizing interest costs, which could understate true operating expenses and inflate reported profits
  • Price-to-book ratio of 2.23x for a cyclical commodity business exposes downside risk if commodity prices decline
  • 5-year stock CAGR of only 19% versus 3-year CAGR of 49% suggests most returns are recent and potentially cyclical
  • 150% dividend payout ratio exceeds 100% of earnings, raising sustainability concerns if profits normalize

This is AI-generated analysis, not financial advice. Do your own due diligence.

AI News Digest

Anthropic anthropic claude-opus-4.6 17h ago
Headwinds 1
  • $35M DGH demand on OALP block Jul 21

    DGH issued a ~USD 35 million plus interest demand over an OALP block extension dispute related to Vedanta's upstream oil and gas operations. Company has not disclosed its response strategy.

Positives 5
  • Q1FY27 profit surges 152% YoY Jul 30

    Vedanta reported consolidated net profit of ₹7,918 crore for Q1FY27 (standalone PAT ₹5,294 crore, up 152% YoY) with EBITDA of ₹8,469 crore, driven by higher LME prices and volumes. Credit rating upgraded to AA+.

  • Hindustan Zinc profit up 145% Jul 26

    Subsidiary Hindustan Zinc reported Q1FY27 net profit of ₹5,469 crore, up 145% YoY, driven by higher zinc and silver revenues.

  • Promoter rescinds facility agreement Aug 8

    Promoter group fully repaid and rescinded the December 30, 2025 facility agreement, lifting all operational restrictions on Vedanta Limited.

  • Board revamp and ESOP launch Jul 30

    Vedanta re-appointed two directors, designated four new SMPs, and launched ESOP 2026 and ESPP 2026 covering up to 5% of paid-up share capital.

  • ₹8 interim dividend declared Jul 30

    Vedanta Aluminium Metal declared ₹8 per share interim dividend for FY27 (~₹3,128.55 crore payout) with record date August 5, 2026, backed by Q1 EBITDA of ₹10,499 crore.

Neutral 5
  • Real estate demerger approved Jul 30

    Board approved demerger of ~2,200 acres into Vedanta Property Platforms Limited (VPPL); shareholders get 1 VPPL share per 20 Vedanta shares held.

  • Aluminium to drive 50% dividends Jul 30

    A Vedanta executive stated the aluminium metal project is expected to contribute about 50% of overall dividend distribution going forward.

  • Wins 152-hectare manganese block in AP Aug 14

    Vedanta secured the Punnam manganese block (152 hectares, G4 stage) in Andhra Pradesh via e-auction, aiming to reduce manganese import reliance.

  • ESG rating moderate at 55-57 Aug 11

    Vedanta received an NSE ESG rating of 55 (Moderate) for FY26 and a separate ESGRisk.ai score of 57 (Adequate) as of July 21, 2026.

  • Investor meets in Mumbai scheduled Aug 7

    Vedanta will participate in group investor meetings at Emkay Confluence (Aug 12) and Motilal Oswal conference (Aug 17) in Mumbai.

TL;DR: Vedanta delivered a standout Q1FY27 with consolidated profit nearly doubling YoY, credit upgrades to AA+, and strong subsidiary performance from Hindustan Zinc. The promoter lifting encumbrances and the real estate demerger signal improving corporate governance and value unlocking. The only notable risk is a USD 35M DGH demand on an upstream block, which is manageable relative to earnings scale. The trend is clearly improving with strong commodity tailwinds and deleveraging momentum heading into H2FY27.

Quarterly Results

  Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales
33,733
38,945
35,541
35,509
35,764
37,634
17,063
16,686
15,754
18,747
21,337
24,609
24,205
Expenses
27,313
27,466
27,010
26,741
25,819
27,806
12,050
11,440
11,478
13,832
14,816
17,050
15,704
Operating Profit
6,420
11,479
8,531
8,768
9,945
9,828
5,013
5,246
4,276
4,915
6,521
7,559
8,501
OPM %
19%
29%
24%
25%
28%
26%
29%
31%
27%
26%
31%
31%
35%
Other Income
2,326
1,863
779
385
934
3,168
3,202
2,771
2,737
1,248
4,426
5,503
3,166
Interest
2,110
2,523
2,417
2,415
2,222
2,667
1,073
1,071
609
1,033
547
694
662
Depreciation
2,550
2,642
2,788
2,743
2,731
2,696
1,238
1,191
1,116
1,303
1,239
1,332
1,192
PBT
4,086
8,177
4,105
3,995
5,926
7,633
5,904
5,755
5,288
3,827
9,161
11,036
9,813
Tax %
19%
111%
30%
43%
14%
27%
17%
14%
16%
9%
15%
15%
19%
Net Profit
3,308
-915
2,868
2,275
5,095
5,603
4,876
4,961
4,457
3,479
7,807
9,352
7,918
EPS in Rs
7.1
-4.8
5.42
3.68
9.7
11.13
9.07
8.91
8.14
4.6
14.6
17.13
14
Figures in ₹ Crores

Profit & Loss

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
73,710
64,262
72,225
91,866
92,048
84,447
88,021
1,32,732
1,47,308
1,43,727
62,717
78,437
88,898
Expenses
51,595
82,741
50,849
66,989
68,877
63,704
60,703
87,908
1,12,877
1,08,415
44,139
55,254
61,402
Operating Profit
22,114
-18,479
21,376
24,877
23,171
20,743
27,318
44,824
34,431
35,312
18,578
23,183
27,496
OPM %
30%
-29%
30%
27%
25%
25%
31%
34%
23%
25%
30%
30%
31%
Other Income
-19,222
4,290
4,423
6,087
4,270
-14,932
2,743
1,832
2,625
5,241
12,739
14,186
14,343
Interest
5,659
5,778
5,855
5,112
5,689
4,977
5,210
4,797
6,225
9,465
4,197
2,817
2,936
Depreciation
7,159
8,572
6,292
6,283
8,192
9,093
7,638
8,895
10,555
10,723
4,233
4,810
5,066
PBT
-9,925
-28,540
13,652
19,569
13,560
-8,259
17,213
32,964
20,276
20,365
22,887
29,742
33,837
Tax %
15%
-37%
17%
30%
28%
-43%
13%
28%
28%
63%
10%
16%
Net Profit
-11,369
-17,862
11,316
13,692
9,698
-4,744
15,032
23,710
14,503
7,539
20,535
25,096
28,556
EPS in Rs
-52.77
-41.39
23.47
27.82
19.01
-17.93
31.21
50.58
28.45
11.4
38.33
44.47
50.33
Div. Payout %
-8%
-8%
83%
76%
99%
-22%
30%
89%
357%
259%
113%
76%
Figures in ₹ Crores

Balance Sheet

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
296
296
297
372
372
372
372
372
372
372
391
391
Reserves
53,579
43,743
60,128
62,940
61,925
54,263
61,906
65,011
39,051
30,350
40,821
49,261
Borrowings
77,752
67,778
71,569
58,159
66,226
59,187
57,669
53,583
80,329
87,706
91,479
32,947
Other Liabilities
58,654
80,163
64,952
58,896
70,045
66,915
63,549
74,981
69,703
69,690
67,249
1,49,712
Total Liabilities
1,90,281
1,91,980
1,96,946
1,80,367
1,98,568
1,80,737
1,83,496
1,93,947
1,89,455
1,88,118
1,99,940
2,32,311
Fixed Assets
70,108
67,231
76,756
80,279
96,397
88,904
90,470
93,466
95,744
98,963
99,905
30,548
CWIP
38,748
38,461
27,557
32,055
24,959
18,585
16,314
15,879
19,529
22,889
33,896
10,531
Investments
39,606
53,386
46,962
28,700
33,065
24,753
16,660
17,291
13,150
11,869
14,532
15,418
Other Assets
41,819
32,903
45,671
39,333
44,147
48,495
60,052
67,311
61,032
54,397
51,607
1,75,814
Total Assets
1,90,281
1,91,980
1,96,946
1,80,367
1,98,568
1,80,737
1,83,496
1,93,947
1,89,455
1,88,118
1,99,940
2,32,311
Figures in ₹ Crores

Cash Flow

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
17,805
20,377
18,083
17,366
23,754
19,300
23,980
34,963
33,065
35,654
39,562
39,499
Investing
-4,133
-7,868
2,681
15,480
-10,594
-5,925
-6,678
-2,243
-668
-13,676
-19,158
-24,134
Financing
-13,956
-11,303
-12,425
-39,255
-10,242
-15,547
-17,565
-28,903
-34,142
-26,092
-19,223
-13,549
Net Cash Flow
-284
1,206
8,339
-6,409
2,918
-2,172
-263
3,817
-1,745
-4,114
1,181
1,816
Free Cash Flow
7,231
14,965
12,648
10,070
14,937
11,631
17,262
24,658
19,411
19,097
22,848
18,747
CFO/OP
96
-124
109
83
114
99
96
91
114
109
230
205
Figures in ₹ Crores

Ratios

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
18
14
11
16
16
12
14
14
10
9
21
6
Inventory Days
129
132
161
135
184
184
153
147
124
107
234
66
Days Payable
78
267
308
202
242
275
245
221
91
83
165
88
Cash Conversion Cycle
69
-120
-136
-51
-42
-80
-77
-61
43
33
90
-16
Working Capital Days
-121
-219
-338
-182
-212
-186
-150
-82
-120
-107
-243
-121
ROCE %
9%
-14%
11%
15%
14%
10%
17%
28%
20%
21%
12%
16%

Shareholding Pattern

As of Jun 2026
Promoters 54.72%
FIIs 15.77%
Public 14.11%
DIIs 10.83%
Others 4.50%
Government 0.06%
Total 99.99%
  Mar 2021Apr 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Jul 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters
55.11%
65.18%
65.18%
65.18%
69.69%
69.69%
69.69%
69.69%
69.69%
68.11%
68.11%
63.71%
63.71%
61.95%
59.32%
56.38%
56.38%
56.38%
56.38%
56.38%
56.38%
56.38%
56.38%
54.72%
FIIs
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.01%
0.00%
0.00%
0.00%
8.78%
10.23%
12.61%
11.45%
12.02%
11.15%
10.60%
11.08%
12.15%
13.93%
15.77%
DIIs
10.40%
9.09%
9.47%
4.03%
1.81%
2.46%
2.69%
10.35%
11.04%
10.20%
9.98%
10.59%
11.19%
13.15%
14.78%
15.85%
16.39%
15.49%
16.38%
16.47%
16.24%
15.30%
13.43%
10.83%
Government
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.07%
0.07%
0.07%
0.07%
0.07%
0.07%
0.07%
0.07%
0.07%
0.07%
0.07%
0.07%
0.06%
0.06%
0.06%
0.06%
0.06%
Public
7.52%
6.67%
6.78%
7.02%
6.59%
6.38%
7.23%
8.92%
8.63%
9.50%
10.26%
13.70%
13.17%
11.84%
11.27%
10.74%
11.32%
11.71%
11.71%
12.02%
11.84%
11.65%
11.62%
14.11%
Others
26.97%
19.06%
18.57%
23.77%
21.92%
21.48%
20.40%
10.98%
10.58%
12.11%
11.58%
11.92%
11.86%
4.21%
4.34%
4.35%
4.38%
4.33%
4.31%
4.46%
4.39%
4.45%
4.58%
4.50%
No. of Shareholders
0
5,86,557
5,78,737
6,21,057
6,69,966
7,15,445
7,43,582
9,51,228
13,26,950
14,11,550
15,65,260
19,42,800
19,09,460
17,85,800
17,92,820
17,81,270
18,66,940
19,99,980
20,46,990
20,87,740
20,74,960
20,31,540
21,10,600
26,01,130

Documents

Frequently Asked Questions about Vedanta Ltd

What does Vedanta Ltd do?
Vedanta Ltd is a diversified natural resource group engaged in exploring, extracting and processing minerals and oil & gas. The group engages in the exploration, production and sale of zinc, lead, silver, copper, aluminium, iron ore and oil & gas. It has presence across India, South Africa, Namib...
Where is Vedanta Ltd (VEDL) listed?
Vedanta Ltd is listed on the Indian stock exchanges. It is listed on NSE: VEDL and BSE: 500295. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Vedanta Ltd belong to?
Vedanta Ltd operates in the Commodities sector within the Diversified Metals industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Vedanta Ltd?
Vedanta Ltd has a market capitalisation of approximately ₹104524.67 Cr. Based on this, it is classified as a Large Cap stock.
What is the PE ratio of Vedanta Ltd?
The Price-to-Earnings (PE) ratio of Vedanta Ltd is 5.27. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Vedanta Ltd?
Over the past 52 weeks, Vedanta Ltd has traded between a low of ₹157.17 and a high of ₹360. This range helps investors understand the stock's price volatility and recent trading levels.
Does Vedanta Ltd pay dividends?
Yes, Vedanta Ltd has a dividend yield of 12.61%. Dividend yield indicates the annual dividend income relative to the share price. A consistent dividend history can signal financial stability.
What is the Return on Equity (ROE) of Vedanta Ltd?
Vedanta Ltd has a Return on Equity (ROE) of 18.20%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Vedanta Ltd on Tapetide?
On Tapetide, you can view Vedanta Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.

Company Information

Vedanta Ltd is a diversified natural resource group engaged in exploring, extracting and processing minerals and oil & gas. The group engages in the exploration, production and sale of zinc, lead, silver, copper, aluminium, iron ore and oil & gas. It has presence across India, South Africa, Namibia, Ireland, Liberia & UAE. Its other businesses includes commercial power generation, steel manufacturing & port operations in India and manufacturing of glass substrate in South Korea and Taiwan.[1] Presently, India accounts for ~65% of total revenues, followed by Malaysia (9%), China (3%), UAE (1%) and others (22%).[2]

CEO Mr. Navin Kumar Agarwal
Employees 17,332
Listed 1998-05-13
Face Value ₹ 1
Issued Size 3,91,03,88,057

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