VEDL · Vedanta Ltd · Metal Mining
VEDL · Vedanta Ltd · Metal Mining
As of 05 Nov close
52-week range
66.8% below 52-week high
52-week range: as of 05 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Full signal detail →Fundamentals as of 16 Oct 2026
Revenue (latest Q)
₹24,205 Cr
Revenue YoY
PAT YoY
+71.8%
Operating margin
Revenue, last 8 quarters
P/E (TTM)
P/B
2
P/S (TTM)
0.9
Sector P/E
16.8
Dividend yield
+11.0%
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| VEDL (this stock) | 11.2 | 2 | +18.6% | +39.6% | 0.56 | +11.0% |
| Hindustan Zinc | 13.2 | 10.5 | +36.5% | +75.4% | 0.39 | +1.9% |
| Hindalco Industries | 14.7 | 2.2 | +4.9% | +9.8% | 0.73 | +0.5% |
| NMDC | 10 | 2.2 | +23.2% | +21.9% | 0.19 | +4.3% |
Promoter
falling 1q
FII
rising 3q
MF
4.60% (-2.30pp)
falling 3q
Insider trades
No insider trades in the last 12 months.
Bulk/block deals
| canonicalSymbol | date | buy quantity | buyer count | deal strength | deal types present |
|---|---|---|---|---|---|
| VEDL | 2026-06-23 | 0 | 0 | STRONG | BULK |
News timeline
- lowbusiness-standard.com· 02 Nov 2026, 11:15 pm'Nobody will trust you', SC cautions Centre in Vedanta-Ravva dispute
- unknowneconomictimes.indiatimes.com· 01 Nov 2026, 05:16 pmAhead of Market: 10 things that will decide stock market action on Monday
- unknowneconomictimes.indiatimes.com· 31 Oct 2026, 10:50 pmAmitabh Kant pitches for development model with rural communities as producers, innovators
- highcorporate actionbusiness-standard.com· 30 Oct 2026, 12:47 pmVedanta Oil and Gas shares zoom 18% as Q2 profit rises manifold to ₹746 cr
- loweconomictimes.indiatimes.com· 30 Oct 2026, 10:36 amQ2 results impact: 2 Vedanta stocks rally up to 14% after Sept quarter earnings. How have they performed since demerger?
- mediumeconomictimes.indiatimes.com· 30 Oct 2026, 09:46 amDiwali blues: 83 largecap stocks plunge up to 60% since Samvat 2082. Can bluechips light up D-Street in the new year?
- loweconomictimes.indiatimes.com· 30 Oct 2026, 06:00 amStocks in news: RIL, Jio, Trent, Suzlon Energy, IndiGo, Vedanta Power and RVNL
- loweconomictimes.indiatimes.com· 29 Oct 2026, 06:00 amStocks in news: Jio Platforms, RIL, Hero MotoCorp, Meesho, TVS Motor, Vedanta Aluminium and Suzlon Energy
- mediumcorporate actioneconomictimes.indiatimes.com· 29 Oct 2026, 12:39 amVedanta cuts debt by Rs 4,624 crore in September quarter as net profit jumps 151%
- lowgurufocus.com· 29 Oct 2026, 12:34 amVedanta Ltd (BOM:500295) (Q2 2027) Earnings Call Highlights: Record Revenue, Doubled EBITDA and a Near Net-Cash Balance Sheet
- loweconomictimes.indiatimes.com· 28 Oct 2026, 06:00 amStocks in news: Jio Platforms, RIL, Infosys, L&T, Tata Capital, Waaree Energies and Vedanta Iron
- loweconomictimes.indiatimes.com· 27 Oct 2026, 11:09 pmVedanta Iron and Steel’s loss narrows on year in September quarter
- mediumbusiness-standard.com· 23 Oct 2026, 12:45 pmMetal stocks: Lost mettle! VAML, Vedanta, Nalco sink up to 6% as metal index drops 3%
- loweconomictimes.indiatimes.com· 19 Oct 2026, 06:00 amStocks in news: Vedanta, HDFC Bank, ICICI Bank, Axis Bank, HFCL, IREDA, Zen Tech and Oil India
- loweconomictimes.indiatimes.com· 14 Oct 2026, 09:21 pmAhead of Market: 10 things that will decide stock market action on Thursday
- mediumcorporate actioneconomictimes.indiatimes.com· 05 Oct 2026, 08:49 pmVedanta dividend countdown: Anil Agarwal-led company to consider first FY27 payout on October 8
- loweconomictimes.indiatimes.com· 03 Oct 2026, 08:51 pmVedanta Power sales jump 26% to 5,593 million units in Q2
- mediumcorporate actionthehindubusinessline.com· 29 Sept 2026, 10:09 amBSE shares rise 1.6%, stock to replace Wipro in Nifty 50 reshuffle
- loweconomictimes.indiatimes.com· 21 Sept 2026, 05:49 amWhy Indian companies are rushing to tap the bond market
- loweconomictimes.indiatimes.com· 16 Sept 2026, 06:00 amStocks in news: Yes Bank, Vedanta, Groww, BHEL, Bharat Forge and NBCC
Concalls & investor presentations
AI-generatedKey takeaway: Vedanta Limited (VEDL) reported strong financial results for Q2 and H1 FY27, with a record quarterly PAT of ₹6,202 crore, up 151% YoY, and a record quarterly EBITDA of ₹9,938 crore, up 106% YoY. The company achieved a best-in-industry ND/EBITDA ratio of 0.1x, with net debt reduced by ₹4,624 crore QoQ to ₹3,675 crore. Revenue for Q2 FY27 was ₹25,812 crore, up 57% YoY, and H1 FY27 revenue reached ₹49,268 crore, up 54% YoY. Key business units, including Zinc India and Zinc International, delivered strong production and cost efficiency improvements. Zinc India recorded a 271 kt mined metal production, up 5% YoY, while Zinc International commissioned Gamsberg Phase II, increasing total MIC capacity to 500 kt p.a. FACOR achieved record ore production and successful underground extraction. The company also declared an interim dividend of ₹5 per share and maintained its AA+/Stable credit rating from ICRA and CRISIL. ESG initiatives included improved safety metrics, reduced GHG emissions, and community development programs. The presentation highlighted strong liquidity with cash and cash equivalents at ₹26,622 crore and a focus on growth projects across multiple sectors.
The document emphasizes strong financial performance, record results, and positive operational and ESG developments.
Sourced from an exchange-filed presentation, dated 28 Oct 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: The document is a transcript of the earnings conference call held by Vedanta Limited to discuss its unaudited financial results for the first quarter ended June 30, 2026. It includes a formal notification to the BSE and NSE regarding the availability of the transcript on the company's website. The communication is in compliance with the Securities and Exchange Board of India regulations. The Company Secretary, Prerna Halwasiya, signed the document, confirming its authenticity and submission.
The document presented factual information regarding the earnings conference call and regulatory compliance.
Sourced from an exchange-filed transcript, dated 04 Aug 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Vedanta Limited announced the demerger of its Real Estate Business into a new entity, Vedanta Property Platforms Limited (VPPL), to unlock significant value. The Board of Directors approved the draft Scheme of Arrangement, which involves transferring assets, liabilities, and resources related to the Real Estate Business to VPPL. The demerger aims to enhance management focus, transparency, and operational efficiency, allowing for better valuation and growth opportunities. The turnover of the demerged division for the year ended March 31, 2026, was reported at INR 1.26 crore, representing 0.001% of Vedanta's total standalone turnover. The share entitlement ratio for the demerger is set at 1 share of VPPL for every 20 shares of Vedanta. The company plans to seek necessary regulatory approvals and aims for the listing of VPPL on stock exchanges. The management emphasized that the restructuring aligns with industry trends and aims to create a dedicated real estate platform.
The management emphasized the potential value creation and strategic benefits of the demerger.
Sourced from an exchange-filed presentation, dated 30 Jul 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Vedanta Limited reported its unaudited consolidated financial results for the first quarter ended June 30, 2026, highlighting a significant increase in profitability and operational performance. The company achieved a profit after tax (PAT) of ₹5,294 crore, marking a 152% year-on-year increase, and an EBITDA of ₹8,469 crore, up 98% year-on-year. Consolidated revenue reached ₹23,456 crore, a 51% increase year-on-year. The EBITDA margin improved to 57%, reflecting a rise of 985 basis points year-on-year. The company reported a net debt reduction of ₹2,223 crore, resulting in a net debt to EBITDA ratio of 0.30x, which is considered best-in-class in the industry. Vedanta's credit ratings were upgraded to AA+/stable by both ICRA and CRISIL. The document also noted strong operational performances across key segments, including record production levels in Zinc India and FACOR, and highlighted the company's commitment to sustainability and community initiatives.
Management emphasized strong financial and operational performance in the first quarter.
Sourced from an exchange-filed presentation, dated 30 Jul 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: The earnings conference call transcript for Vedanta Limited detailed the audited financial results for the fourth quarter and year ended March 31, 2026. The document confirmed that the transcript is available on the company's website, in compliance with the Securities and Exchange Board of India regulations. The communication was signed by Prerna Halwasiya, the Company Secretary and Compliance Officer, and included a request for the information to be recorded by the relevant stock exchanges.
The document presented factual information regarding the earnings call and compliance without emphasizing any particular aspect.
Sourced from an exchange-filed transcript, dated 05 May 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Vedanta Limited reported its audited consolidated financial results for the fourth quarter and full year ended March 31, 2026. The company achieved a record profit after tax (PAT) of ₹9,352 crore in Q4, an increase of 89% year-over-year, and ₹25,096 crore for the full year, up 22% YoY. The presentation highlighted a record EBITDA of ₹18,447 crore in Q4, up 59% YoY, and ₹55,976 crore for FY26, a 29% increase. Revenue reached ₹51,524 crore in Q4, a 29% YoY rise, and ₹1,74,075 crore for the year, up 15% YoY. The EBITDA margin improved to approximately 44% in Q4 and 39% for FY26. The company reported a net debt to EBITDA ratio of 0.95x, the best in 14 quarters, and reaffirmed its AA credit rating by CRISIL and ICRA. Management noted significant capital expenditure of ₹14,918 crore focused on growth and operational efficiency across its business segments.
Management emphasized strong financial performance and operational achievements.
Sourced from an exchange-filed presentation, dated 29 Apr 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: The earnings conference call transcript for Vedanta Limited detailed the unaudited financial results for the third quarter and nine months ended December 31, 2025. The document confirmed that the transcript is available on the company's website, in compliance with the Securities and Exchange Board of India regulations. The communication was signed by Prerna Halwasiya, the Company Secretary and Compliance Officer, and included a request for the record to be acknowledged by the stock exchanges.
The document presented factual information regarding the earnings call and compliance without emphasizing any particular sentiment.
Sourced from an exchange-filed transcript, dated 02 Feb 2026. Summary is RedixFi-generated and distinct from investment advice.
AI Summary of Annual Report
AI-generatedVedanta Limited reported strong financial performance in FY2025-26 with Revenue from Operations of ₹1,74,075 crore, EBIDTA of ₹55,976 crore, and PAT of ₹25,097 crore. The company commissioned key projects, including a 435 KTPA smelter at BALCO and expanded alumina capacity at Lanjigarh. It also secured 10 strategic mining blocks for critical minerals and achieved a net debt-to-EBITDA ratio of 0.95x. The demerger of four entities was approved, and the company focused on deleveraging and capital allocation for capacity expansion. However, the auditor highlighted matters related to the pending approval of the Cambay Block PSC extension and ongoing short seller allegations.
- Revenue from Operations: ₹1,74,075 crore, EBIDTA: ₹55,976 crore, PAT: ₹25,097 crore in FY2025-26.
- Commissioned key projects including BALCO's 435 KTPA smelter and expanded Lanjigarh alumina capacity to 5 MTPA.
- Secured 10 strategic mining blocks for critical minerals like nickel, cobalt, and rare earth elements.
- Demerger approved, creating four new entities, with a focus on deleveraging and capital allocation for expansion.
- Auditor emphasized pending approval for Cambay Block PSC extension and ongoing short seller allegations as key matters.
Key takeaway: Vedanta Limited delivered robust financial results and strategic expansions in FY2025-26, but faces pending regulatory approvals and short seller-related scrutiny that could impact future operations.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
Auditor Qualification (1 item); Regulatory Action (2 items); Default / Covenant Breach (1 item)
Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.
Auditor Qualification
1 occurrenceEarlier (1-3 years ago)
The auditor does not express a reasonable assurance opinion on the Indicators other than BRSR Core, noting that the level of assurance is lower than a reasonable assurance engagement and that some financial numbers are not audited by them.
Regulatory Action
2 occurrencesEarlier (1-3 years ago)
SEBI imposed a penalty of ₹5 crore on erstwhile Cairn India Limited (merged with Vedanta Limited in 2017) in 2021 for violations of SEBI regulations. The company appealed, and the penalty was set aside by the Securities Appellate Tribunal in 2023, but SEBI appealed to the Supreme Court, which has scheduled the next hearing for 21 August 2025.
SEBI imposed a penalty of 30 Lakhs on the company for violations of Listing Regulations.
Default / Covenant Breach
1 occurrenceEarlier (1-3 years ago)
The company has made a payment of upfront consideration of ₹312 crore and infused ₹1 crore through equity for the implementation of the approved Resolution Plan for Meenakshi Energy Limited under the IBC.
Routine disclosures
Internal Control Weakness
1 occurrenceEarlier (1-3 years ago)
The auditor has identified a material weakness in the company's internal controls.
Contingent Liability
2 occurrencesEarlier (1-3 years ago)
The Company has a pending legal proceeding related to the closure of the Copper Smelter Plant at Thoothukudi, with the Supreme Court dismissing its Special Leave Petition, and the Company is exploring further legal avenues.
The company has unclaimed deposits amounting to ₹44,000 as of 31 March 2024, which are sub judice, and the company is maintaining status quo.
Related-Party Transaction
2 occurrencesEarlier (1-3 years ago)
The company approved a Material Related Party Transaction with ESL Steel Limited, a subsidiary of the company.
The company has undertaken transactions with related party Vedanta Resources Limited, including loans, fees, and commissions. The auditor identified these as a key audit matter due to significance, authorization risks, fair value judgments, and disclosure risks.
Statutory dues in dispute
1 occurrenceEarlier (1-3 years ago)
The company has not deposited certain statutory dues, including goods and services tax, provident fund, employees’ state insurance, income-tax, duty of custom, value added tax, cess, and other statutory dues, due to disputes listed in Appendix-1 at the end of this report.
Promoter Share Pledge
1 occurrenceRecent (last 12 months)
2.44% of promoter holding pledged (quarter 2026-Q3 as of 2026-07-18).