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Vedanta Ltd

VEDL

Vedanta Ltd

VEDL
MaterialsMetals - Diversified
LargecapWith a market cap of ₹1,77,047 cr, stock is ranked 50
Moderate RiskStock is 2.60x as volatile as Nifty
460.551.55% (+7.05)
460.551.55% (+7.05)

Price Chart

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MaterialsMetals - Diversified
LargecapWith a market cap of ₹1,77,047 cr, stock is ranked 50
Moderate RiskStock is 2.60x as volatile as Nifty

How to use scorecard? Learn more

MaterialsMetals - Diversified
LargecapWith a market cap of ₹1,77,047 cr, stock is ranked 50
Moderate RiskStock is 2.60x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
15.614.216.20%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
30.273.431.35%

Forecast & Ratings

Detailed Forecast 
60%
Analysts have suggested that investors can buy this stock

from 15 analysts

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

Vedanta Limited is a global diversified natural resource company operating across segments which are Copper; Aluminium; Iron Ore; Power; Zinc, Lead and Silver; Oil and Gas, and Others.

Investor Presentation

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Nov 8, 2024

PDF
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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Higher than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 9.26%, vs industry avg of 9.05%

Increasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share increased from 85.24% to 85.87%

Lower than Industry Net Income

Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of -9.71%, vs industry avg of -4.88%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue68,705.3276,893.001,02,160.0096,386.0086,957.0091,442.001,38,029.001,50,912.001,50,074.001,49,915.00
Raw Materialssubtract21,793.0523,109.0031,802.0026,078.0021,486.0022,890.0037,530.0044,527.0044,231.001,07,577.00
Power & Fuel Costsubtract9,301.5410,402.0014,026.0018,144.0016,606.0013,674.0020,939.0034,543.0027,033.00
Employee Costsubtract2,606.132,339.002,496.003,023.002,672.002,861.002,811.003,098.003,300.00
Selling & Administrative Expensessubtract5,591.206,347.007,161.006,229.005,316.005,175.007,823.009,519.0010,495.00
Operating & Other expensessubtract43,603.008,897.0015,711.0015,471.0035,066.0016,781.0022,270.0022,169.0024,464.00
Depreciation/Amortizationsubtract8,572.446,292.006,283.008,192.009,093.007,638.008,895.0010,555.0010,723.0010,958.00
Interest & Other Itemssubtract5,778.135,855.005,112.005,689.004,977.005,210.004,797.006,225.009,465.009,721.00
Taxes & Other Itemssubtract-16,269.706,694.009,227.006,495.00-1,595.005,611.0014,162.009,702.0016,124.0010,319.00
EPS-41.3823.4530.9218.99-17.9131.1950.5428.4211.4030.48
DPS3.5019.4521.2018.853.909.5045.00101.5029.5046.00
Payout ratio—0.830.690.99—0.300.893.572.591.51

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2021

Annual report

PDF

Investor Presentation

May 13PDF
FY 2022

Annual report

PDF

Investor Presentation

Apr 28PDF
Jan 28PDF
Oct 29PDF
Jul 26PDF
FY 2023

Annual report

PDF

Investor Presentation

May 12PDF
Oct 28PDF
Jul 28PDF
FY 2024

Annual report

PDF

Investor Presentation

Jul 21PDF
FY 2025

Annual Report Pending

Investor Presentation

Nov 8PDF
 

Peers & Comparison

Comparing 3 stocks from 
MaterialsMetals - Diversified

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Vedanta Ltd41.774.216.20%
NLC India Ltd19.361.851.16%
Mishra Dhatu Nigam Ltd70.714.920.41%
Ashapura Minechem Ltd11.803.69—

Price Comparison

Compare VEDL with any stock or ETF
Compare VEDL with any stock or ETF
VEDL
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Shareholdings

Promoter Holdings Trend

Decreased Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has decreased by 5.57%

High Pledged Promoter Holding

Lower pledged promoter holdings is considered better

A significant proportion of promoter holdings is pledged

Institutional Holdings Trend

Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Increased Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has increased by 1.22%

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding56.38%7.62%8.78%11.45%15.77%

Mar 2024

Jun 2024

Jul 2024

Sep 2024

Shareholding History

SepDec '23MarJunJulSep7.82%7.74%8.78%10.23%12.61%11.45%

Mutual Funds Holding Trend

Increased Mutual Fund Holding

Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has increased by 2.28%

Top 5 Mutual Funds holding Vedanta Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
SBI Blue Chip Fund - Growth - Direct Plan

Growth
0.3775%1.25%0.05%29/57 (+2)
Kotak Equity Arbitrage Fund - Growth - Direct Plan

Growth
0.3682%1.19%0.13%12/181 (+4)
Mirae Asset Large Cap Fund - Growth - Direct Plan

Growth
0.3086%1.39%0.00%48/89 (+2)

Compare 3-month MF holding change on Screener

Insider Trades & Bulk Deals

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smallcases

Looks like this stock is not in any smallcase yet.

Events

Dividend Trend

No Trend In Dividends

Dividends are the portion of earnings that a company distributes to all its shareholders every year

VEDL has shown inconsistent dividend trend over the last 5 years

Dividend Yield

Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 6.20%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹61.98 every year

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

Cash Dividend

Ex DateEx DateSep 10, 2024

Interim 3
Interim 3 | Div/Share: ₹20.00

Dividend/Share

₹20.00

Ex DateEx Date

Sep 10, 2024

Cash Dividend

Ex DateEx DateAug 2, 2024

Interim 2
Interim 2 | Div/Share: ₹4.00

Dividend/Share

₹4.00

Ex DateEx Date

Aug 2, 2024

Cash Dividend

Ex DateEx DateMay 24, 2024

Interim 1
Interim 1 | Div/Share: ₹11.00

Dividend/Share

₹11.00

Ex DateEx Date

May 24, 2024

Cash Dividend

Ex DateEx DateDec 27, 2023

Interim 2
Interim 2 | Div/Share: ₹11.00

Dividend/Share

₹11.00

Ex DateEx Date

Dec 27, 2023

Cash Dividend

Ex DateEx DateMay 30, 2023

Interim 1
Interim 1 | Div/Share: ₹18.50

Dividend/Share

₹18.50

Ex DateEx Date

May 30, 2023

News & Opinions
Spotlight
Vedanta Ltd spurts 1.47%, gains for third straight session

Vedanta Ltd is up for a third straight session in a row. The stock is quoting at Rs 460.15, up 1.47% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.22% on the day, quoting at 24184. The Sensex is at 79872.83, up 0.09%. Vedanta Ltd has risen around 0.29% in last one month. Meanwhile, Nifty Metal index of which Vedanta Ltd is a constituent, has risen around 1.68% in last one month and is currently quoting at 9034, up 0.59% on the day. The volume in the stock stood at 40.7 lakh shares today, compared to the daily average of 86.05 lakh shares in last one month. The benchmark December futures contract for the stock is quoting at Rs 462.7, up 1.44% on the day. Vedanta Ltd is up 90.22% in last one year as compared to a 16.91% spurt in NIFTY and a 26.17% spurt in the Nifty Metal index.The PE of the stock is 11.54 based on TTM earnings ending September 24.Powered by Capital Market - Live

6 hours agoCapital Market - Live
Corporate
Board of Vedanta approves expansion of Bharat Aluminium's capacity

The Board of Vedanta at its meeting held on 08 November 2024 has approved expansion of smelter capacity and rolled products of its subsidiary, Bharat Aluminium Company as under: ' Earlier approved Smelter capacity enhancement of 414 KTPA now stands revised to 435 KTPA, with latest technology, consequentially enhancing Smelter capacity from 580 KTPA to 1015 KTPA. ' Addition of Wire Rod (50 KTPA) to improve wire rod capacity from 218 KTPA to 268 KTPA. ' Sow Ingot Capacity addition revised from 100 KTPA to 200 KTPA. ' Above improvements along with planned addition of Billet (420 KTPA), RP debottlenecking to reach 180 KTPA, PFA to 180 KTPA and infrastructure developments will be accomplished at a cost of Rs 11,816 crore. Economic benefits of these additions are expected to garner from FY2025-26. Funding will be done by Internal Accruals & Debt.Powered by Capital Market - Live

3 weeks agoCapital Market - Live
Corporate
Board of Vedanta approves acquisition of Sterlite Iron and Steel Company

The Board of Vedanta at its meeting held on 08 November 2024 has approved the acquisition of 100% shares of Sterlite Iron and Steel Company (SISCOL), a wholly owned subsidiary of Vedanta Incorporated, by Sesa Resources (SRL) for Rs 1 lakh. Accordingly, SISCOL shall become a step-down subsidiary of Vedanta. Powered by Capital Market - Live

3 weeks agoCapital Market - Live
Corporate
Board of Vedanta approves capex of Rs 5209 cr for Athena Chhattisgarh Power Plant Project

The Board of Vedanta at its meeting held on 08 November 2024 has approved Rs 5,209 crore capex (including Rs 565 crore of acquisition cost) for Athena Chhattisgarh Power Plant Project located in Sakti district, Chhattisgarh. The power plant consists of two 600 MW units with Unit #1 approximately 80% complete and Unit #2 at 20%. The first unit of power plant is scheduled to go operational in the first quarter of FY 2025-26 followed by the second unit in the third quarter of FY 2025-26. Capex will be spread over upcoming financial years and financed through a combination of internally generated funds and borrowed capital. The plant benefits from a strategic location near water and coal resources.Powered by Capital Market - Live

3 weeks agoCapital Market - Live
Earnings
Vedanta reports consolidated net profit of Rs 4352.00 crore in the September 2024 quarter

Net profit of Vedanta reported to Rs 4352.00 crore in the quarter ended September 2024 as against net loss of Rs 1783.00 crore during the previous quarter ended September 2023. Sales declined 3.57% to Rs 37171.00 crore in the quarter ended September 2024 as against Rs 38546.00 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales37171.0038546.00 -4 OPM %26.4429.78 - PBDT8461.009596.00 -12 PBT5765.006954.00 -17 NP4352.00-1783.00 LP Powered by Capital Market - Live

3 weeks agoCapital Market - Live
Spotlight
Vedanta reports turnaround Q2 performance

Revenue from operations jumped 10% YoY to Rs 37,171 crore in Q2 FY25, due to favourable output commodity prices, increased volume and premia. Profit before exceptional item and tax (PBIT) fell 17.1% YoY to Rs 5,765 crore in Q2 FY25. In Q2 FY25 exceptional gains stood at Rs 1,136 crore majorly due to impairment reversal in Oil & Gas business partly offset by impairment charge in ASI, and Cess in zinc & iron ore vide Supreme Court judgement to levy additional Cess on mineral-bearing land & mining rights. EBITDA increased by 44% YoY to Rs 10,364 crore in Q2 FY25, majorly due to favourable output commodity prices, structural cost saving initiatives and increased premia across businesses. EBITDA margin improved by 900 bps to 34% in Q2 FY25 as against 25% in same quarter last year. In Q2 FY25, depreciation & amortization Rs 2,696 crore increased 2% YoY mainly in Oil & Gas and increased capitalization at Aluminium. In Q2 FY25, investment income increased 28% to Rs 722 crore in Q2 FY25 as compared with Rs 566 crore in Q2 FY24. Arun Misra, executive director Vedanta, said, 'The second half of this year will be a transformative period with our major growth and integration projects coming online and ramping up. Through our structural interventions and initiatives, we have significantly reduced our cost of production over the past 12-15 months, and we will continue this trend in the coming quarters. As we move forward, operational excellence, sustained growth, and ESG leadership remain our strategic priorities. With a rich, diversified asset portfolio, a stronger balance sheet, and ongoing growth projects, we are well-positioned to deliver exceptional overall performance.' Ajay Goel, CFO, Vedanta, said, 'This has been an outstanding quarter, highlighted by significant progress in our corporate and strategic initiatives, strong financial results, and excellent operational performance. We delivered our highest-ever 1H EBITDA of Rs 20,639 crore, up 46% YoY1 , with a robust 34% EBITDA margin and PAT before exceptional items of Rs 4,467 crore, a 230% YoY1 increase. This strong performance is driven by cost efficiency, volume growth, and favourable commodity prices. Additionally, we raised $1.4 billion at Vedanta through a $1 billion QIP and a $400 million HZL OFS. At the same time, with the $1.2 billion VRL bond issuance and ongoing deleveraging, we have reduced Holdco. debt to $4.8 billion, the lowest level in a decade. This positions us well to generate lasting value for our stakeholders, both now and in the years to come.' Meanwhile, the company's board approved to acquire 100% stake in Sterlite Iron and Steel Company (SISCOL) for total consideration of Rs 1 lakh. SISCOL incorporated by Sesa Resources (SRL), SRL is an unlisted wholly owned subsidiary of Vedanta. Accordingly, SISCOL shall become a step-down subsidiary of Vedanta. The transaction is done at arm's length based on fair valuation carried out by independent Chartered Accountant. Further, the board approved the company's subsidiary, Bharat Aluminium Company (BALCO) to expand Smelter capacity by 435 KTPA, wired rod by 50 KTPA, Sow Ingot Capacity from 100 KTPA to 200 KTPA and billet by 420 KTPA. Furthermore, the firms board approved to Rs 5,209 crore capital expenditure (Capex) (including Rs 565 crore of acquisition cost) for Athena Chhattisgarh Power Plant Project located in Sakti district, Chhattisgarh. The power plant consists of two 600 MW units with unit 1 approximately 80% complete and unit 2 at 20%. The first unit of power plant is scheduled to go operational in the first quarter of FY 2025-26 followed by the second unit in the third quarter of FY 2025-26. Capex will be spread over upcoming financial years and financed through a combination of internally generated funds and borrowed capital. The plant benefits from a strategic location near water and coal resources. Vedanta, a subsidiary of Vedanta Resources, is one of the world's leading oil & gas and metals company with significant operations in oil & gas, zinc, lead, silver, copper, iron ore, steel, and aluminium & power across India, South Africa and Namibia.Powered by Capital Market - Live

3 weeks agoCapital Market - Live
Corporate
Vedanta to announce Quarterly Result

Vedanta will hold a meeting of the Board of Directors of the Company on 8 November 2024Powered by Capital Market - Live

3 weeks agoCapital Market - Live
Corporate
Cairn Oil & Gas signs MoU with UNEP's Oil & Gas Methane Partnership

Cairn Oil & Gas (part of Vedanta Group) has signed a Memorandum of Understanding (MoU) with United Nations Environment Programme's (UNEP) flagship methane reporting and mitigation initiative - Oil & Gas Methane Partnership (OGMP) 2.0, making it the first Oil & Gas producer in India to commit to effective reduction of methane emissions, further accelerating its efforts to decarbonise its operations. OGMP 2.0 established a comprehensive framework that includes best practices for emissions management and a robust reporting system. It emphasises accurate measurement, reporting, and verification (MRV) of methane emissions to drive reductions effectively. Under this MoU, Cairn will establish a 5-year methane reduction target and transparently report its progress to OGMP. This would enable Cairn to analyse its emission profiles and utilise the data to mitigate emissions cost-effectively. With this partnership, Cairn reaffirms its commitment to accelerate its efforts towards becoming Net Zero Carbon by 2030. OGMP 2.0 covers over 40% of global oil and gas production empowering companies to improve the quality and accuracy of emissions data for effective methane reduction.Powered by Capital Market - Live

4 weeks agoCapital Market - Live
Corporate
Vedanta cancels board meeting

Vedanta has cancelled the board meeting which was scheduled to be held on 9 October 2024.Powered by Capital Market - Live

1 month agoCapital Market - Live
Spotlight
Vedanta gets total penalty of Rs 102.03-cr from Customs Department, Tamil Nadu

The demand is in relation to pre import condition which was applicable for a limited period, on imports against advance authorization The company believes that there is a strong case of merit and law, more specifically due to the recent judicial pronouncements. The next course of action shall be decided in due course. The company does not reasonably expect the said order to have any material financial impact, operations or other activities of the company, stated in exchange filing. Vedanta, a subsidiary of Vedanta Resources, is one of the world's leading oil & gas and metals company with significant operations in oil & gas, zinc, lead, silver, copper, iron ore, steel, and aluminium & power across India, South Africa and Namibia. The diversified metal company reported 54.02% increase in net profit to Rs 5,095 crore in Q1 FY25 as against Rs 3,308 crore in Q1 FY24. Revenue from operations grew by 5.68% YoY to Rs 35,239 crore in Q1 FY25. The scrip shed 0.29% to Rs 495.85 on the BSE.Powered by Capital Market - Live

1 month agoCapital Market - Live