Vedanta Limited
₹237.50+₹2.60 (+1.1%)
Last close · Data as of Oct 30, 2026
- Market cap
- ₹2,49,150 Cr
- P/E
- 26.5x
- EV / EBITDA
- 12.8x
- Revenue
- ₹74,295 Cr
- Net margin
- 9.4%
- ROCE
- 10.5%
Price chart
Technical chartScreen technicals →-53.1% over the last year
Daily closes.
Go deeper
Technical chart: candles, 9 moving averages, RSI, MACD and drawing tools
Performance
Price change over each period, before dividends.
- 1M
- -8.3%
- 3M
- -11.2%
- 6M
- -12.6%
- 1Y
- -53.1%
- 5Y
- -23.9%
52-week range
Day change +₹2.60 (+1.1%) from ₹235 to ₹238 · Last close Oct 30, 2026
Best weekday to invest, historically
The same weekly amount in VEDL, bought on each weekday since 2021.
AI Summary
Indian StockStrengths1
- Maintains healthy dividend payout of 166.0%
Concerns1
- Other income is 77.0% of PBT — a large share of earnings is non-operating
Rule-based from financial data. Not advice.
About the company
Vedanta Limited, a diversified natural resources company, explores, extracts, and processes minerals, and oil and gas in India, Europe, China, the United States, Mexico, and internationally. The company operates through seven reportable segments: Copper, Aluminium, Iron Ore, Power, Zinc India, Zinc International, Oil and Gas, and Others.
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Vedanta Limited, a diversified natural resources company, explores, extracts, and processes minerals, and oil and gas in India, Europe, China, the United States, Mexico, and internationally. The company operates through seven reportable segments: Copper, Aluminium, Iron Ore, Power, Zinc India, Zinc International, Oil and Gas, and Others. It explores, produces, and sells oil and gas, zinc, lead, silver, copper, aluminum, steel, pig iron, chrome ores, and metallurgical coke. The company also operates a thermal coal-based commercial power facility of 600 megawatts (MW) at Jharsuguda in Odisha; a 1,200 MW thermal coal-based power plants in the Chhattisgarh; 1,980 MW thermal coal- based commercial power facilities in Punjab; wind power plants; a 1,000 MW coal-based power plant at Nellore, Andhra Pradesh; and power plants located at Mettur Dam in the state of Tamil Nadu in southern India. In addition, it manufactures and supplies billets, TMT bars, wire rods, and ductile iron pipes; mechanizes coal handling facilities and upgrades general cargo berth for handling coal at the outer harbor of Visakhapatnam Port on the east coast of India; offers port/berth services; and manufactures glass substrates, semiconductor, display glass panels, ferro alloys, and slag cements. The company was formerly known as Sesa Sterlite Limited and changed its name to Vedanta Limited in March 2015. The company was founded in 1954 and is headquartered in Mumbai, India.
- Sector
- Materials
- Shares outstanding
- 391 Cr shares
- ISIN
- INE205A01025
- BSE code
- 500295
Key statistics
Screen fundamentals →Valuation, profitability, growth and solvency at the latest close; hover a label for its meaning.
Valuation
- Market cap
- ₹2,49,150 Cr
- P/E
- 26.5x
- P/B
- 3.4x
- EV / EBITDA
- 12.8x
- EV / Sales
- 4.2x
- P/S
- 3.5x
- Earnings yield
- 3.8%
- 52-week high
- ₹787.60
- 52-week low
- ₹226.00
Profitability
- Operating margin
- 17.9%
- Net margin
- 9.4%
- EBITDA margin
- 32.8%
- ROE
- 10.1%
- ROCE
- 10.5%
- ROA
- 4.4%
- Dividend payout
- 166.0%
- Tax rate
- 52.0%
- Other income, % of PBT
- 77.0%
Growth
- RevenueLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹74,295 Cr
- Revenue growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 5.0%
- Revenue CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 14.6%
- EBITDALatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹23,203 Cr
- EBITDA growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -13.8%
- Net profit growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 170.7%
- Cash from operationsLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹13,535 Cr
- CFO growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 8.4%
- Free cash flowLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹1,134 Cr
- Asset growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -5.8%
Solvency and efficiency
- Current ratio
- 3.18
- Debt / Equity
- 0.84
- Debt / Assets
- 0.37
- Debt / EBITDA
- 2.38
- Interest coverage
- 2.22
- Financial leverage
- 2.30
- CFO / Net profit
- 2.04
- Cash / Market cap
- 13.8%
- Cash per share
- ₹87.96
- Asset turnover
- 0.47
- Fixed asset turnover
- 1.58
- Capital intensity
- 0.63
- Debtor days
- 10 days
- Inventory turnover
- 4.40
- Cash conversion cycle
- 33 days
Where the revenue went
Of every ₹100 of FY2025 revenue, ₹24 was left as net profit.
| From | To | Amount |
|---|---|---|
| Sales | Expenses | ₹58,295 Cr |
| Sales | Operating profit | ₹16,000 Cr |
| Operating profit | Interest | ₹6,328 Cr |
| Operating profit | Depreciation | ₹4,031 Cr |
| Operating profit | Profit before tax | ₹5,641 Cr |
| Other income | Profit before tax | ₹14,368 Cr |
| Profit before tax | Tax and other | ₹2,081 Cr |
| Profit before tax | Net profit | ₹17,928 Cr |
Revenue and net profit
Revenue grew 5.0% in FY2025; net profit is the dashed line.
| Date | Revenue | Net profit |
|---|---|---|
| FY2021 | ₹37,440 Cr | ₹10,503 Cr |
| FY2022 | ₹63,277 Cr | ₹17,245 Cr |
| FY2023 | ₹68,080 Cr | ₹21,259 Cr |
| FY2024 | ₹70,757 Cr | ₹6,623 Cr |
| FY2025 | ₹74,295 Cr | ₹17,928 Cr |
Cash flows
FY2025: ₹17,011 Cr from operations, ₹15,783 Cr free after investment (dashed).
| Date | Operating cash flow | Free cash flow |
|---|---|---|
| FY2021 | ₹6,047 Cr | ₹14,815 Cr |
| FY2022 | ₹12,564 Cr | ₹18,972 Cr |
| FY2023 | ₹12,491 Cr | ₹28,803 Cr |
| FY2024 | ₹13,535 Cr | ₹19,708 Cr |
| FY2025 | ₹17,011 Cr | ₹15,783 Cr |
Growth
Latest fiscal year FY2025 (ending March): each figure with its change over the year before.
- Revenue
- ₹74,295 Cr+5.0%1Y
- Net profit
- ₹17,928 Cr+170.7%1Y
- Cash from operations
- ₹17,011 Cr
- Free cash flow
- ₹15,783 Cr-19.9%1Y
- Revenue CAGR, 5Y
- 14.6%
| Year | Revenue | Operating income | EBITDA | Net profit | CFO | FCF | ROE | Revenue growth 1Y | Net profit growth 1Y |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | ₹74,295 Cr | ₹16,000 Cr | — | ₹17,928 Cr | ₹17,011 Cr | ₹15,783 Cr | 23.8% | +5.0% | +170.7% |
Monthly returns
Month-by-month returns of VEDL across the years, with the seasonal pattern.
Balance sheet
What the company owns and owes at the end of FY2025.
| Line | FY2025 |
|---|---|
| Liabilities and equity | ₹1.6 L Cr |
| Equity capital | ₹391 Cr |
| Reserves | ₹75,008 Cr |
| Borrowings | ₹57,193 Cr |
| Other liabilities | ₹27,398 Cr |
| Assets | ₹1.6 L Cr |
| Fixed assets | ₹45,071 Cr |
| Capital work in progress | ₹14,205 Cr |
| Investments | ₹66,766 Cr |
| Other assets | ₹33,948 Cr |
Market cap against peers
8 peers: same sector group, nearest by size.
P/E against peers
VEDL trades at 26.5x earnings against a peer median of 35.5x (a 25% discount).
Peer comparison
Same-sector peers by market cap, with the median.
| Company | Market cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|
| Vedanta LimitedVEDLthis companyP/E ↓ discount | ₹2.5 L Cr | 26.5x | 3.4x | 10.1% | 12.8x |
| UltraTech Cement LtdULTRACEMCO | ₹3.5 L Cr | 48.6x | 5.0x | 11.7% | 27.2x |
| JSW Steel LimitedJSWSTEEL | ₹2.9 L Cr | 38.0x | 3.5x | 10.7% | 14.2x |
| Asian Paints Ltd.ASIANPAINT | ₹2.8 L Cr | 69.6x | 14.5x | 29.1% | 35.0x |
| Hindustan Zinc Ltd.HINDZINC | ₹2.7 L Cr | 25.5x | 19.6x | 51.1% | 18.6x |
| Coal India LimitedCOALINDIA | ₹2.6 L Cr | 12.4x | 13.2x | 91.0% | 16.3x |
| TATA STEEL LIMITEDTATASTEEL | ₹2.3 L Cr | 14.6x | 1.7x | 11.1% | 8.8x |
| Hindalco Industries Ltd.HINDALCO | ₹2.1 L Cr | 29.4x | 2.9x | 5.8% | 25.9x |
| Pidilite Industries Ltd.PIDILITIND | ₹1.5 L Cr | 68.4x | 16.2x | 21.6% | 55.9x |
| Peer median | — | 35.5x | 3.7x | 12.9% | 19.2x |
Year-to-date ROI
VEDL since 1 January, against earlier years.
Historical volatility
VEDL's day-to-day swings over 30, 60 and 180 days.
Financial statements
Income statement, balance sheet and cash flow as reported, in ₹ crore, grouped into plain-language lines.
Figures in ₹ crore as reported, fiscal years ending March, newest first; the trailing twelve months (TTM) last.
Operating margin by fiscal year
| Date | Operating margin |
|---|---|
| FY2021 | 23.0% |
| FY2022 | 28.0% |
| FY2023 | 14.0% |
| FY2024 | 18.0% |
| FY2025 | 22.0% |
| Line | FY2025 |
|---|---|
| RevenueSales | ₹74,295 Cr |
| Costs | |
| Interest | ₹6,328 Cr |
| Expenses | ₹58,295 Cr |
| Operating profitOperating Profit | ₹16,000 Cr |
| Other income and charges | |
| Profit before tax | ₹20,009 Cr |
| Tax | |
| Net profitNet Profit | ₹17,928 Cr |
| Per share |
| Line | FY2025 |
|---|---|
| Liabilities and equityTotal Liabilities | ₹1.6 L Cr |
| Equity capitalEquity Capital | ₹391 Cr |
| Reserves | ₹75,008 Cr |
| Borrowings | ₹57,193 Cr |
| Other liabilitiesOther Liabilities | ₹27,398 Cr |
| AssetsTotal Assets | ₹1.6 L Cr |
| Fixed assetsFixed Assets | ₹45,071 Cr |
| Capital work in progressCWIP | ₹14,205 Cr |
| Investments | ₹66,766 Cr |
| Other assetsOther Assets | ₹33,948 Cr |
| Line | FY2025 |
|---|---|
| Operating cash flowCash from Operating Activity | ₹17,011 Cr |
| Investing cash flowCash from Investing Activity | -₹1,228 Cr |
| Financing cash flowCash from Financing Activity | -₹14,649 Cr |
| Change in cashNet Cash Flow | ₹1,134 Cr |
Learn while you research
Academy chapters picked for Vedanta Limited and the metrics on this page.
- 01 Taxes on Investments (India)LTCG, STCG, dividend tax, what every Indian investor needs.6 min read
- 02 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read
- 03 Business Cycles & StocksThese cyclical sectors win and lose in different macro phases.6 min read
- 04 Essential Stock RatiosP/E, P/B, EV/EBITDA, what they mean and when to use each.7 min read
- 05 How to Read a Cash-Flow StatementProfit can be manipulated; cash flow rarely lies.7 min read