Vedanta

    VEDL
    Metals
    ₹227.50
    Price as of 26 Oct 2026, 4:52 pm IST

    Market cap ₹88,834 Cr

    P/E
    9.57
    Day range
    ₹221.60 – ₹228.40
    52-week range
    ₹221.60 – ₹795.00
    Volume
    70.69 L
    Open
    ₹225.90
    Prev close
    ₹226.50

    Latest results · Q1 FY27(consolidated)Revenue ₹24,205 Cr-36.0%Profit ₹7,918 Cr+77.7%Margin 32.7%YoY vs the same quarter last year

    No red flags in exchange filings: no rising pledge, promoter selling, surveillance or critical filing on record.

    VEDL in NSE indices and F&O

    F&O margin for one lot of VEDL (1,150 shares)

    Research profile

    Factor percentiles

    Value90
    Quality69
    Momentum—
    Low volatility—

    Derived metrics

    Earn. yield
    10.4%
    Graham no.
    ₹284.18
    vs Graham
    +24.9%
    ROE ÷ P/B
    31.0%
    Magic Formula
    #114
    Piotroski
    5/6
    FCF yield
    21.0%
    PEG
    0.11

    Appears in 10 scans

    Percentiles rank this stock against the other tracked stocks and change as they do. Scans describe where figures sit today. Hover a label for its definition. Not investment advice.

    Peer comparison

    All 27 in Metals
    Largest Metals companies tracked, with sector medians
    CompanyM-capP/EP/BROEROCEOPMD/ESales YoY
    JSW SteelJSWSTEEL₹3.08 L Cr10.832.5628.4%11.0%19.0%0.62+20.7%
    Tata SteelTATASTEEL₹2.12 L Cr19.202.0511.3%13.0%15.0%0.90+14.3%
    Hindustan ZincHINDZINC₹2.10 L Cr10.087.0076.9%70.0%61.0%0.22+76.5%
    Hindalco IndustriesHINDALCO₹1.98 L Cr12.021.4310.3%13.0%16.0%0.73+32.1%
    Vedanta Aluminium MetalVAML₹1.37 L Cr35.27———48.0%——
    Jindal Steel & PowerJINDALSTEL₹1.06 L Cr37.071.986.9%10.0%15.0%0.43+42.7%
    Lloyds Metals And EnergyLLOYDSME₹1.01 L Cr20.967.2437.7%27.0%38.0%1.49+208.5%
    VedantaVEDL₹88,834 Cr9.571.7855.2%16.0%35.0%0.66+53.6%
    Sector median₹39,411 Cr16.732.3517.5%17.0%16.0%0.35+21.1%

    Sector as classified in the tracked universe; medians use every tracked Metals company, and P/E only profitable ones. Tinted figures beat the median.

    Latest news

    Updated 5d ago

    Headlines about Vedanta from the last two weeks in the financial press. Stories belong to their publishers; Parasram India does not endorse them.

    Key metrics

    P/E (TTM)
    8.1
    EPS (TTM)
    ₹50.07
    Price / Book
    1.79
    ROE (FY26)
    55.2%
    ROCE (latest year)
    16%
    Dividend yield
    15.00%

    Charts & trends

    From company filings. Amounts in ₹ crore.

    Revenue 3Y CAGR
    -18.9%
    Profit 3Y CAGR
    +20.1%
    Revenue YoY (Jun 2026)
    +53.6%
    Profit YoY (Jun 2026)
    +77.7%
    Operating margin
    35.0%
    Net margin
    32.7%

    Revenue, profit & margin - quarterly

    ₹ crore; a loss shows red. Operating margin below, same periods.

    -10K Cr0 Cr10K Cr20K Cr30K Cr40K Cr
    • Revenue
    • Net profit

    Operating margin

    Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Jun 20260%20%40%

    Who owns the company

    % of equity by quarter, latest Sept 2026

    Dec '24Mar '25Jun '25Sept '25Dec '25Mar '26Jun '26Sept '260%25%50%75%100%
    • Promoter
    • Public
    • FII
    • DII
    • Others
    • Government

    Cash flows

    Where cash came from and went, by fiscal year (₹ crore)

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-40K Cr-20K Cr0 Cr20K Cr40K Cr
    • Operating
    • Investing
    • Financing
    • Free cash flow

    Return on equity

    Net profit over shareholders' equity, by fiscal year

    FY17FY18FY19FY20FY21FY22FY23FY24FY25FY26-20%0%20%40%60%15% screen

    Equity vs debt

    Shareholders' equity against borrowings (₹ crore); the ratio below, same years.

    0 Cr25K Cr50K Cr75K Cr1L Cr
    • Equity
    • Debt

    Debt to equity

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 20260x2x4x

    Dividends per share

    ₹ by fiscal year of the ex-date; the latest year runs to date.

    FY23FY24FY25FY26FY27₹0₹25₹50₹75₹100

    Financial statements

    ₹ Crore
    Quarterly results, oldest period first, figures in rupees crore
    Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
    Sales38,94535,54135,50935,76437,63417,06316,68615,75418,74721,33724,60924,205
    Expenses27,46627,01026,74125,81927,80612,05011,44011,47813,83214,81617,05015,704
    Operating Profit11,4798,5318,7689,9459,8285,0135,2464,2764,9156,5217,5598,501
    OPM %29%24%25%28%26%29%31%27%26%31%31%35%
    Other Income1,8637793859343,1683,2022,7712,7371,2484,4265,5033,166
    Interest2,5232,4172,4152,2222,6671,0731,0716091,033547694662
    Depreciation2,6422,7882,7432,7312,6961,2381,1911,1161,3031,2391,3321,192
    Profit before tax8,1774,1053,9955,9267,6335,9045,7555,2883,8279,16111,0369,813
    Tax %111%30%43%14%27%17%14%16%9%15%15%19%
    Net Profit-9152,8682,2755,0955,6034,8764,9614,4573,4797,8079,3527,918
    EPS in Rs₹-4.80₹5.42₹3.68₹9.70₹11.13₹9.07₹8.91₹8.14₹4.60₹14.60₹17.13₹14.00

    From company filings, updated 25 Oct 2026. Consolidated figures where the company reports them. Information only, not investment advice.

    Working-capital cycle

    Debtor Days6

    -8 days since Mar 2021

    Inventory Days66

    -87 days since Mar 2021

    Days Payable88

    -157 days since Mar 2021

    Cash Conversion Cycle-16

    +61 days since Mar 2021

    Working Capital Days-121

    +29 days since Mar 2021

    Strengths, risks & growth

    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]

    Strengths

    • 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%

    Risks

    • 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.
    • Promoter holding has decreased over last 3 years: -8.99%

    Compounded Sales Growth

    10 Years
    +2%
    5 Years
    -2%
    3 Years
    -19%
    TTM
    +2%

    Compounded Profit Growth

    10 Years
    +13%
    5 Years
    +8%
    3 Years
    +17%
    TTM
    +37%

    Stock Price CAGR

    10 Years
    +12%
    5 Years
    +14%
    3 Years
    +42%
    1 Year
    +26%

    Return on Equity

    10 Years
    +21%
    5 Years
    +28%
    3 Years
    +31%
    Last Year
    +38%

    Strengths and risks are a machine-generated checklist, not advice; growth is compounded annually over each period.

    Shareholding pattern

    Percentage of shares held by each category at each quarter end
    HolderDec 2025Mar 2026Jun 2026Sept 2026Change
    Promoter56.38%56.38%54.72%54.72%0.00 pp
    FII12.15%13.93%15.78%15.78%0.00 pp
    DII15.31%13.43%10.83%10.69%-0.14 pp
    Government0.06%0.06%0.06%0.06%0.00 pp
    Public16.05%16.05%18.45%18.58%+0.13 pp
    Others0.06%0.14%0.16%0.16%0.00 pp

    Filed with NSE for Sept 2026: promoters 54.72%, public 45.12% · XBRL filing

    Analysts & fund holdings

    75%
    75% recommend buy
    12 analysts cover the stock
    Valuation vs Metals & Mining
    P/E9.6 vs 23.4
    Sector P/B2.92
    Beta0.90

    Who holds the shares, quarter by quarter

    Mutual funds 5.10% (+0.50 pp)
    Jun 25
    Sept 25
    Dec 25
    Mar 26
    Jun 26
    Sept 26
    • Promoters54.8%
    • Foreign institutions15.8%
    • Mutual funds5.1%
    • Insurance5.0%
    • Other domestic institutions0.6%
    • Retail13.9%
    • Others4.8%
    Mutual funds holding the most
    Fund% of company% of fund3-month change
    UTI Nifty200 Momentum 30 Index Fund0.35%4.25%-0.15 pp
    ICICI Pru Large & Mid Cap Fund0.32%0.98%+0.34 pp
    ICICI Pru Multi Cap Fund0.31%1.57%-0.18 pp
    Aditya Birla SL Arbitrage Fund0.30%1.08%+0.82 pp
    SBI Large Cap Fund0.25%0.45%+0.32 pp

    Scorecard

    Performance
    Avg
    Valuation
    Low
    Growth
    Low
    Profitability
    High
    Entry point
    Good
    Red flags
    Avg

    Analyst coverage, holdings and scorecard from market data; not a recommendation by Parasram India.

    Financial quality

    From consolidated statements to 31 Mar 2026.

    Computed

    Piotroski F-Score

    5 of 6 tested

    • Return on assets positive — passed
    • Operating cash flow positive — not testableno cash flow statement for this period
    • Return on assets improving — passed
    • Cash flow exceeds profit — not testableneeds cash flow and profit against assets
    • Debt to assets falling — passed
    • Current ratio improving — passed
    • No new equity issued — not testableno share count is collected, and financing cash flow mixes equity with debt
    • Operating margin improving — passed
    • Asset turnover improving — failed
    Free cash flow
    ₹18,623 Cr
    FCF yield
    21.0%
    Cash conversion
    1.57
    Accruals ratio
    -0.062
    Net debt
    ₹26,474 Cr
    Net debt / equity
    0.65
    EV / sales
    1.03
    PEG
    0.11
    Capex intensity
    16.6%
    Revenue CAGR
    -39.2%
    Profit CAGR
    88.5%

    Computed from filed statements, not filed themselves. A dash means an input was absent, and the score counts only the criteria that could actually be tested.

    Corporate actions

    • dividend
      ₹5.00

      Interim Dividend - Rs 5 Per Share

      14 Oct 2026
      ex-date
    • other
      Not available — not reported in this filing

      Demerger

      30 Apr 2026
      ex-date
    • dividend
      ₹11.00

      Interim Dividend - Rs 11 Per Share

      27 Mar 2026
      ex-date
    • dividend
      ₹16.00

      Interim Dividend - Rs 16 Per Share

      26 Aug 2025
      ex-date
    • dividend
      ₹7.00

      Interim Dividend - Rs 7 Per Share

      24 Jun 2025
      ex-date
    • dividend
      ₹8.50

      Interim Dividend - Rs 8.50 Per Share

      24 Dec 2024
      ex-date
    • dividend
      ₹20.00

      Interim Dividend - Rs 20 Per Share

      10 Sept 2024
      ex-date
    • dividend
      ₹4.00

      Interim Dividend - Rs 4 Per Share

      2 Aug 2024
      ex-date
    • other
      Not available — not reported in this filing

      Annual General Meeting

      4 Jul 2024
      ex-date
    • dividend
      ₹11.00

      Interim Dividend - Rs 11 Per Share

      24 May 2024
      ex-date
    • dividend
      ₹11.00

      Interim Dividend - Rs 11 Per Share

      27 Dec 2023
      ex-date
    • other
      Not available — not reported in this filing

      Annual General Meeting

      6 Jul 2023
      ex-date
    • dividend
      ₹18.50

      Interim Dividend - Rs 18.50 Per Share

      30 May 2023
      ex-date
    • dividend
      ₹20.50

      Interim Dividend - Rs 20.50 Per Share

      6 Apr 2023
      ex-date
    • dividend
      ₹12.50

      Interim Dividend - Rs 12.50 Per Share

      3 Feb 2023
      ex-date
    • dividend
      ₹17.50

      Interim Dividend - Rs 17.50 Per Share

      29 Nov 2022
      ex-date
    • other
      Not available — not reported in this filing

      Annual General Meeting

      3 Aug 2022
      ex-date
    • dividend
      ₹19.50

      Interim Dividend- Rs 19.50 Per Share

      26 Jul 2022
      ex-date
    • dividend
      ₹31.50

      Interim Dividend - Rs 31.5 Per Share

      6 May 2022
      ex-date
    • dividend
      Not available — not reported in this filing

      Interim Dividend

      9 Mar 2022
      ex-date
    • dividend
      ₹13.50

      Interim Dividend - Rs 13.50 Per Share

      17 Dec 2021
      ex-date

    Company announcements

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    Please refer the enclosed file.

    Insider Trading / SAST
    Closure of Trading Window

    Please refer the enclosed file.

    Board MeetingPrice-sensitive
    Board Meeting Intimation for Notice Of Board Meeting, Closure Of Trading Window And Schedule Of Investor Call On Financial Results

    Vedanta Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 28/10/2026 ,inter alia, to consider and approve the unaudited financial results for ....

    Company Update
    Intimation Under Regulation 30(9) Of Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015 ('SEBI Listing Regulations')

    Please refer the enclosed file.

    Company Update
    Announcement under Regulation 30 (LODR)-Press Release / Media Release

    Please refer the enclosed file.

    Company UpdatePrice-sensitive
    Announcement under Regulation 30 (LODR)-Credit Rating

    Please refer the enclosed file.

    Corp Action
    Announcement under Regulation 30 (LODR)-Dividend Updates

    Please refer the enclosed file

    Corp. ActionPrice-sensitive
    Corporate Action-Board approves Dividend

    Please refer the enclosed file

    Board Meeting
    Board Meeting Outcome for Outcome Of Approval Of Board Of Directors

    Please refer the enclosed file

    Company Update
    Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

    Please refer the enclosed file.

    Insider Trading / SAST
    Closure of Trading Window

    Please refer the enclosed file

    Corp. Action
    Corporate Action - Record Date For The Purpose Of 1St Interim Dividend, If Any

    Please refer the enclosed file.

    Corp. ActionPrice-sensitive
    Corporate Action-Board to consider Dividend

    Please refer the enclosed file.

    Board MeetingPrice-sensitive
    Board Meeting Intimation for Intimation Under Regulation 29 Of Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015 ('Listing Regulations')

    Vedanta Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 08/10/2026 ,inter alia, to consider and approve Pursuant to Regulation 29 of Listing ....

    Company Update
    Production Release Of Vedanta Limited 'The Company' For Quarter Ended September 30, 2026

    Please refer the enclosed file.

    Filed with BSE (scrip 500295); the last 45 days. Documents open at bseindia.com.

    SEBI filings & orders

    From SEBI's website. An order may concern the company, its officers or trading in its shares, and may be under appeal - read the order itself. Personal identifiers are withheld.

    Buybacks, open offers & rights issues

    Regulatory orders

    • Adjudication order

      Adjudication Order in the matter of Vedanta Limited

      30 Jun 2023
      Read on SEBI

    Documents

    Annual reports

    Earnings calls

    Credit ratings

    Documents open at BSE or the rating agency that issued them.

    Sourced from the company's NSE XBRL filing dated 30 Jul 2026 (unaudited). View the source filing. Figures are as filed and are not investment advice.

    FAQ

    Vedanta: common questions

    Answered from the figures on this page.

    Vedanta last traded at ₹227.50 (NSE, as of 26 Oct 2026). The last session moved it up 0.44%.

    Vedanta is valued at about ₹88,834 crore (NSE, as of 26 Oct 2026).

    Vedanta trades at a price-to-earnings ratio of 9.57 (NSE, as of 26 Oct 2026). The P/E compares the share price with earnings per share, so it is only comparable between companies in the same industry.

    Vedanta has traded between ₹221.60 and ₹795.00 over the past 52 weeks, to 26 Oct 2026. It is currently 1% of the way up that range.

    Vedanta (VEDL) is classified under Metals on this site's screener.