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NSE:VEDL

VEDANTA LIMITED

Metals & Mining › Diversified Metals·NIFTY 100NIFTY 200NIFTY 500NIFTY INDIA FPI 150+6
₹232.85
at close · 28 Oct 2026
▲ 7.25 (+3.21%)
ThemesSemiconductors & Electronics· announced

Latest filings

Next results: Wed, 28 Oct · Financial Results
  1. Vedanta shares audio recording of Q2 and H1 FY27 earnings call · Investor Communications
  2. Vedanta posts record Q2 FY27 profit and sharply cuts net debt · Compliance
  3. Record Q2 FY27 profit, 60% margin and ₹3,675 crore net debt · Investor Communications
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Produces and sells metals, minerals and hydrocarbons across six reporting segments. Aluminium is the largest earner, contributing 56.1% of period segment revenue at ₹49,604 crore with an EBIT margin of 34.0%, followed by Copper at 26.0% (₹22,999 crore), which was loss-making at an EBIT margin of -0.8%. Iron Ore (6.8%), Oil and Gas (6.3%) and Power (2.2%) round out the bulk of the rest. Subsidiary Hindustan Zinc, which houses zinc, lead and silver, reported Q1 FY27 revenue of ₹13,747 crore and net profit of ₹5,469 crore. The biggest cost line is materials at 38.1% of revenue, with depreciation at 6.1% and capex at 26.6% of revenue, reflecting the asset-heavy nature of mining and smelting. Q1 FY27 production highlights included Zinc India mined metal of 268 kt, Copper India sales of 53 KT (the highest Q1 in eight years), and ports discharge volumes of 2,358 kt (up 40% YoY). A historic demerger split the group into five listed entities, separating the aluminium, copper, zinc-lead-silver and oil & gas businesses.

Revenue mix · reported segments
Aluminium56.1%
Copper26.0%
Iron Ore6.8%
Oil and Gas6.3%
Others2.6%
Power2.2%
Operating scale
Aluminium segment revenue
₹49,604 croreFY26
Copper segment revenue
₹22,999 croreFY26
Zinc India mined metal output
268 ktQ1 FY27
Copper India sales
53 KT (highest Q1 in 8 years)Q1 FY27
Ports discharge volumes
2,358 kt, up 40% YoYQ1 FY27
Hindustan Zinc (subsidiary) revenue
₹13,747 crore (Q1 FY27)Q1 FY27
Who pays it
Industrial buyers across metals, electrical, steel, and energy sectors; power sold to the grid; crude and gas sold to refiners and utilities.
Biggest cost
Materials at 38.1% of revenue (₹29,891 crore), being ore, alumina, copper concentrate, crude feedstock and fuel for the smelting and upstream operations.
Kind of business
Diversified, asset-heavy metals, mining and hydrocarbons exposed to commodity prices.
Where it sits
Among India's largest diversified metals and mining groups, with aluminium, copper, iron ore, oil and gas, power and (via subsidiary Hindustan Zinc) zinc-lead-silver operations.
Market Cap
₹91,044 Cr
P / E (TTM)
4.6×
EV / EBITDA
3.4×
Div Yield
16.28%
Growth
-2.0%▼
Revenue 5y CAGR
PAT +10.8% · EBITDA -3.8%
Quality
26.6%▲
ROCE (5y median)
ROE 29.3% (5y median) · margin 31.6%
Leverage
0.39·
Debt / Equity · low
Net debt ₹25,625 Cr
Revenue FY21→FY26
0.9×▼
Margin +14.7 pts
₹86,863 Cr → ₹78,437 Cr
Cash conversion
2.00×▲
Operating cash ÷ profit · 5 yrs
₹1.83 L Cr on ₹91,383 Cr
Moves on a normal day
1.39%·
Median daily move
Last 268 sessions · the yardstick for filing-day moves
Where it sits among 77 Metals & Mining peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#3/67
P/B#26/70
ROCE#34/77
ROE#3/70
Debt / Equity#44/70
EBITDA margin#11/70
Revenue growth#63/72
Profit growth#26/72

Scorecard

Measured from the filed financials, judged against its Metals & Mining peers · as of FY26 — not investment advice

Strengths
Returns on capital 26.6% (5-year median)
#34 of 77 in Metals & Mining on the latest reported figures · down from 17.7% in FY21
Over 5 years it reported ₹91,383 Cr of profit and ₹1.83 L Cr of operating cash — 2.00×
Profit is converting into cash
Negative working-capital cycle — the business is funded by its suppliers
Pays out 59% of profit as dividend
Concerns
Revenue shrinking over 5 years (−2% a year)

Charts

How has the market priced it — with filings on the timeline?

VEDL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from VEDANTA LIMITED's filed financials and exchange disclosures

What does VEDANTA LIMITED do?

VEDANTA LIMITED is a Diversified Metals company listed on NSE and BSE, trading under the symbol VEDL.

Is VEDANTA LIMITED profitable?

Yes. Over the trailing twelve months VEDANTA LIMITED reported a net profit of ₹28,556 Cr on revenue of ₹1.12 L Cr.

Does VEDANTA LIMITED pay a dividend?

Yes. The dividend yield is 16.28% at the current price. It paid out 59% of its profit as dividend in FY26.

Is VEDANTA LIMITED debt-free?

No. It reported borrowings of ₹26,995 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹25,625 Cr after cash. Debt stands at 0.39× equity. That is higher than 62% of its 70 Metals & Mining peers.

Is VEDANTA LIMITED expensive compared with its peers?

On trailing P/E, VEDANTA LIMITED ranks 3 of 67 in Metals & Mining — cheaper than 97% of them, against an industry median of 16.0×. This is a position, not a valuation judgement.

How much does the VEDANTA LIMITED share price move in a day?

On a typical session VEDANTA LIMITED moves 1.39% — that is the median absolute close-to-close move across its last 268 trading days. MarketPing measures each filing's price reaction against it.

When are VEDANTA LIMITED's next results?

Financial Results on Wed, 28 Oct. MarketPing alerts you on WhatsApp the moment the filing lands.

Where can I track VEDANTA LIMITED's announcements?

Every NSE and BSE filing by VEDANTA LIMITED appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.