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. AR · MarketPing reader · 2026-08-03
Revenue streams, as the annual report describes them. Aluminium (56%), Copper (26%), Iron Ore (7%), Oil and Gas (6%), Power (2%), Others (3%). Diversified, asset-heavy metals, mining and hydrocarbons exposed to commodity prices.
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 1,32,732 | 1,47,308 | 1,43,727 | 1,52,968 | 78,437 |
| EBITDA (ex other income) | 44,056 | 34,205 | 38,001 | 44,211 | 23,204 |
| margin % | 33.2 | 23.2 | 26.4 | 28.9 | 29.6 |
| Owners' profit | 18,802 | 10,574 | 4,239 | 14,988 | 17,391 |
| EPS, as reported (₹) | 50.73 | 28.50 | 11.42 | 38.97 | 44.58 |
| ROE % · ROCE % | 28.7 · 28.4 | 29.3 · 24.5 | 17.9 · 26.6 | 38.2 · 28.4 | 36.6 · 10.1 |
| Debt / equity (x) | 0.64 | 1.34 | 1.71 | 1.37 | 0.39 |
| Cash from operations | 34,963 | 33,065 | 35,654 | 39,562 | 39,499 |
| Capex | (10,630) | (13,787) | (16,752) | (17,005) | (20,876) |
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 37,634 | 39,115 | 40,455 | 37,824 | 39,868 | 23,369 | 24,609 | 24,205 |
| Profit before tax | 7,633 | 6,661 | 6,656 | 6,053 | 4,948 | 4,746 | 5,908 | 7,189 |
| Net profit | 5,603 | 4,876 | 4,961 | 4,457 | 3,479 | 7,807 | 9,352 | 7,918 |
| EPS (₹) | 11.26 | 9.09 | 8.92 | 8.15 | 4.61 | 14.62 | 17.15 | 14.02 |
| Segment | Revenue, ₹ crore | Share % |
|---|---|---|
| Zinc,Lead and Silver | 39,057 | 22.0 |
| Zinc-International | 4,859 | 2.7 |
| Oil & Gas | 9,582 | 5.4 |
| Aluminium | 65,846 | 37.1 |
| Copper | 31,069 | 17.5 |
| Iron Ore | 6,458 | 3.6 |
| Power | 9,026 | 5.1 |
| Others | 11,552 | 6.5 |
| Total, before eliminations | 1,77,449 | 100.0 |
| Company | M.cap ₹ cr |
|---|
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 1 Sept 2026 · Vedanta publishes postal ballot notice in newspapers for shareholder approval | compliance | minimal | — | — |
| 31 Aug 2026 · Vedanta: Postal Ballot Notice to Shareholders | board shareholder meetings | low | — | — |
| 27 Aug 2026 · Vedanta to participate in Elara India Dialogue 2026 investor meet on Sept 1 | board shareholder meetings | low | — | — |
| 27 Aug 2026 · Vedanta to attend Elara India Dialogue investor meet on Sept 1 | board shareholder meetings | low | — | — |
| 25 Aug 2026 · Promoter group facilities repaid, restrictions on Vedanta released | credit debt | high | — | — |
| 25 Aug 2026 · Vedanta promoters release pledge on 54.72% shares after loan repayment | ownership changes | medium | — | — |
| 24 Aug 2026 · Pledge on 54.72 percent Vedanta shares released after loan repayment | ownership changes | medium | — | — |
| 14 Aug 2026 · Vedanta: Promoter pledge released on 51.93% shares after bond repayment | ownership changes | medium | — | — |
| 13 Aug 2026 · India Ratings upgrades Vedanta NCD rating to AA+ post-demerger transfer | credit debt | medium | — | — |
| 13 Aug 2026 · India Ratings withdraws Vedanta NCD ratings; upgraded at VAML | credit debt | medium | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) |
| P/E |
|---|
| P/B |
|---|
| EV/EBITDA |
|---|
| ROE % |
|---|
| ROCE % |
|---|
| Rev CAGR 5y % |
|---|
| EBITDA m. % |
|---|
| VEDANTA LIMITED ◆ | 1,03,107 | 5.2 | 1.50 | 5.2 | 36.6 | 8.6 | (2.0) | 37.4 |
| JAIN RESOURCE RECYCLING L | 9,818 | 26.7 | 6.30 | 18.8 | 22.3 | 29.5 | — | 4.4 |
| PONDY OXIDES & CHEM LTD | 3,471 | 11.4 | 4.40 | 16.8 | 16.7 | 22.8 | — | 6.0 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 5.2 | 16.3 | 4 of 73 | 96% |
| P/B | 1.5 | 2.2 | 24 of 70 | 67% |
| ROCE | 8.6 | 7.8 | 34 of 77 | 57% |
| ROE | 36.6 | 7.6 | 3 of 72 | 97% |
| Debt / Equity | 0.4 | 0.3 | 46 of 72 | 37% |
| EBITDA margin | 37.4 | 9.7 | 11 of 70 | 86% |
| Revenue growth | (36.0) | 14.4 | 63 of 72 | 13% |
| Profit growth | 77.7 | 34.9 | 26 of 72 | 65% |
| Market cap | 103107 | 424 | 7 of 78 | 92% |
| A state: the latest filed quarter and the measured reactions |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
