Vedanta Ltd.

NSE: VEDL · Metals & Mining

₹261.75-0.78%06 Nov 2026

Ask the data

Instant answers about Vedanta Ltd. — computed from its filings, no language model

Market cap₹1,02,344 cr

Current price₹261.75

High / Low₹788 / ₹226

P/E4.8

P/B8.02

Book value₹32.6

ROE168.7%

ROCE68.1%

Debt / equity2.37

Dividend yield14.49%

EPS (TTM)₹55.07

Face value₹1

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin

showing latest 6 of 9 periods

	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	92,923	92,048	83,545	86,863	1,32,732	1,47,308	1,43,727	1,52,968	78,437
EBITDA	25,164	23,103	19,785	26,160	44,824	34,422	35,198	42,343	23,184
Operating margin	27.1%	25.1%	23.7%	30.1%	33.8%	23.4%	24.5%	27.7%	29.6%
Interest	5,783	5,689	4,977	5,210	4,797	6,225	9,465	9,914	2,817
Depreciation	6,283	8,192	9,093	7,638	8,895	10,555	10,723	11,096	4,810
Profit before tax	19,569	13,560	-8,259	17,213	32,964	20,276	20,363	26,876	17,127
Tax	5,877	3,862	-3,516	2,180	9,255	5,770	12,826	6,342	4,646
Net profit	10,342	7,065	6,664	11,602	18,802	10,574	4,239	14,988	17,391
EPS ₹	28.30	19.07	-18.00	31.32	50.73	28.50	11.42	38.97	44.58
Operating cash flow	—	—	—	—	34,963	33,065	35,654	39,562	39,499
Capex	—	—	—	—	10,630	13,787	16,752	17,005	20,876
Dividend paid	—	—	—	—	19,349	41,149	20,500	21,191	14,825
Total assets	1,84,585	2,02,043	1,83,622	1,85,711	1,98,600	1,96,356	1,90,807	2,03,293	2,33,237
Equity	63,312	62,297	54,635	62,278	65,383	39,423	30,722	41,212	49,652

Quarterly performance

last 35 quarters · ₹ crore

showing latest 8 of 35 periods

	MAR '18	JUN '18	SEP '18	DEC '18	MAR '19	JUN '19	SEP '19	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
Revenue	27,630	22,206	22,705	23,669	23,468	21,374	21,958	21,360	19,513	15,687	20,804	22,498	27,874	28,105	30,401	34,097	39,822	38,251	36,654	33,691	37,930	33,733	38,945	35,541	35,509	35,764	37,634	39,115	40,455	37,824	39,868	23,369	24,609	24,205	26,356
Operating profit	7,837	6,284	5,208	5,645	6,135	5,198	4,423	6,514	4,310	3,707	6,228	7,520	8,705	9,564	10,363	10,742	13,633	9,826	7,699	6,656	9,459	6,420	11,479	8,531	8,768	9,945	9,828	11,104	11,466	9,918	11,397	6,866	7,559	8,501	9,915
Operating margin	28.4%	28.3%	22.9%	23.8%	26.1%	24.3%	20.1%	30.5%	22.1%	23.6%	29.9%	33.4%	31.2%	34.0%	34.1%	31.5%	34.2%	25.7%	21.0%	19.8%	24.9%	19.0%	29.5%	24.0%	24.7%	27.8%	26.1%	28.4%	28.3%	26.2%	28.6%	29.4%	30.7%	35.1%	37.6%
Other income	993	418	592	1,398	1,628	380	856	647	869	1,311	940	1,123	1,191	1,046	673	577	611	1,104	697	1,127	705	546	640	779	584	934	1,300	680	761	985	596	492	418	542	510
Interest	1,424	1,546	1,571	1,358	1,401	1,341	1,340	1,232	1,064	1,252	1,312	1,321	1,325	1,182	1,066	1,216	1,333	1,206	1,642	1,572	1,805	2,110	2,523	2,417	2,415	2,222	2,667	2,442	2,583	2,026	2,110	989	737	662	696
Depreciation	1,683	1,796	1,931	2,207	2,258	2,155	2,395	2,291	2,252	1,733	1,938	1,912	2,055	2,124	2,118	2,274	2,379	2,464	2,624	2,720	2,765	2,550	2,642	2,788	2,743	2,731	2,696	2,681	2,988	2,824	2,868	1,424	1,332	1,192	1,339
Profit before tax	8,592	3,360	2,618	3,478	4,104	2,082	1,122	3,806	-15,269	2,033	4,013	5,410	5,743	7,170	7,806	7,792	10,196	7,260	4,364	4,394	4,258	4,086	8,177	4,105	3,993	5,926	7,633	6,661	6,656	6,053	4,948	4,746	5,908	7,189	8,390
Tax	2,917	1,112	718	1,146	886	138	-1,609	1,141	-3,186	511	2,369	1,186	-1,886	1,888	1,994	2,438	2,935	1,668	1,674	1,302	1,126	778	9,092	1,237	1,720	831	2,030	1,785	1,696	1,596	1,468	1,074	1,658	1,895	2,188
Net profit	4,802	1,533	1,343	1,574	2,615	1,351	2,158	2,348	-12,521	1,033	824	3,299	6,432	4,224	4,615	4,164	5,799	4,421	1,808	2,464	1,881	2,640	-1,783	2,013	1,369	3,606	4,352	4,876	3,483	3,185	1,798	5,710	6,698	5,473	3,650
EPS ₹	12.95	4.13	3.62	4.25	7.06	3.65	5.83	6.34	-33.82	2.79	2.22	8.91	17.37	11.40	12.46	11.24	15.66	11.92	4.88	6.64	5.07	7.11	-4.80	5.42	3.69	9.72	11.26	9.09	8.92	8.15	4.61	14.62	17.15	14.02	9.35
Revenue YoY	—	—	—	—	-15.1%	-3.7%	-3.3%	-9.8%	-16.9%	-26.6%	-5.3%	5.3%	42.8%	79.2%	46.1%	51.6%	42.9%	36.1%	20.6%	-1.2%	-4.8%	-11.8%	6.3%	5.5%	-6.4%	6.0%	-3.4%	10.1%	13.9%	5.8%	5.9%	-40.3%	-39.2%	-36.0%	-33.9%
Profit YoY	—	—	—	—	-45.5%	-11.9%	60.7%	49.2%	-578.8%	-23.5%	-61.8%	40.5%	—	308.9%	460.1%	26.2%	-9.8%	4.7%	-60.8%	-40.8%	-67.6%	-40.3%	-198.6%	-18.3%	-27.2%	36.6%	—	142.2%	154.4%	-11.7%	-58.7%	17.1%	92.3%	71.8%	103.0%

Earlier results (standalone, Sep '07 – Dec '17)

₹ crore · from BSE, before the NSE XBRL filings begin

Vedanta Ltd. reports consolidated figures above. Quarterly consolidated results only became mandatory in India in 2019, so the earlier history available is the standalone company only (excluding subsidiaries). It is shown separately so the two bases are never mixed.

Full years

showing latest 8 of 9 periods

	FY09†	FY10†	FY11†	FY12†	FY13†	FY14†	FY15†	FY16†	FY17†
Revenue	4,779	4,660	7,510	6,513	2,188	28,532	32,534	29,811	34,841
Operating profit	2,459	2,357	4,008	2,205	307	2,312	5,023	3,849	5,161
Operating margin	51.4%	50.6%	53.4%	33.9%	14.0%	8.1%	15.4%	12.9%	14.8%
Other income	217	409	515	386	342	1,817	2,009	8,857	8,754
Interest	1	51	54	323	434	3,565	3,656	3,541	3,899
Depreciation	44	57	83	84	148	1,505	1,406	1,218	1,623
Profit before tax	2,631	2,658	4,386	2,421	123	-1,072	1,967	5,480	11,914
Tax	688	540	953	741	2	-2,148	40	8	-41
Net profit	1,942	2,118	3,433	1,680	121	1,076	1,927	5,472	11,954

Quarters

showing latest 8 of 42 periods

	SEP '07†	DEC '07†	MAR '08†	JUN '08†	SEP '08†	DEC '08†	MAR '09†	JUN '09†	SEP '09†	DEC '09†	MAR '10†	JUN '10†	SEP '10†	DEC '10†	MAR '11†	JUN '11†	SEP '11†	DEC '11†	MAR '12†	JUN '12†	SEP '12†	DEC '12†	MAR '13†	JUN '13†	SEP '13†	DEC '13†	MAR '14†	JUN '14†	SEP '14†	DEC '14†	MAR '15†	JUN '15†	SEP '15†	DEC '15†	MAR '16†	JUN '16†	SEP '16†	DEC '16†	MAR '17†	JUN '17†	SEP '17†	DEC '17†
Revenue	331	1,172	1,644	1,252	833	1,341	1,354	952	451	1,398	1,859	1,917	814	1,697	3,082	1,698	757	2,019	2,040	1,377	286	235	291	366	10,958	8,275	8,933	7,136	8,735	8,632	8,031	7,887	7,281	6,822	7,820	7,144	7,088	8,988	11,621	9,378	10,375	12,185
Operating profit	107	734	1,194	802	373	553	731	430	107	698	1,122	1,054	295	909	1,751	914	12	617	662	286	178	-109	-49	-125	492	982	963	886	1,301	1,450	1,386	947	830	945	1,127	1,039	796	1,376	1,951	1,287	1,261	1,736
Operating margin	32.3%	62.6%	72.6%	64.0%	44.8%	41.2%	54.0%	45.1%	23.6%	49.9%	60.4%	55.0%	36.2%	53.6%	56.8%	53.8%	1.6%	30.6%	32.4%	20.7%	62.3%	-46.3%	-16.7%	-34.1%	4.5%	11.9%	10.8%	12.4%	14.9%	16.8%	17.3%	12.0%	11.4%	13.8%	14.4%	14.5%	11.2%	15.3%	16.8%	13.7%	12.2%	14.2%
Other income	18	17	25	59	44	59	55	73	87	128	122	151	92	113	159	133	41	15	197	135	11	189	7	5	923	774	115	669	1,024	68	248	742	322	1,107	6,687	51	218	585	7,900	568	347	703
Interest	0	0	0	0	0	0	1	2	2	25	22	14	14	13	14	49	51	72	151	114	81	101	138	148	1,505	946	966	985	996	852	823	840	893	841	967	907	971	1,000	1,020	1,103	888	887
Depreciation	9	11	14	10	10	11	13	12	14	16	16	14	14	15	39	22	19	21	22	23	25	27	72	31	669	404	402	399	402	407	197	238	240	241	499	302	317	311	693	706	729	752
Profit before tax	116	739	1,206	851	407	600	772	488	178	786	1,206	1,177	359	994	1,856	976	-17	540	922	275	82	18	-252	-298	-758	405	-421	170	924	259	614	610	19	969	3,882	-120	-275	650	11,659	46	463	762
Tax	34	246	407	206	101	137	244	81	39	178	242	151	6	150	646	303	-5	169	274	47	32	0	-77	-106	-1,496	-451	-95	0	0	0	40	0	7	1	0	0	0	1	-42	12	-8	83
Net profit	82	493	798	645	306	463	529	407	139	608	964	1,026	353	844	1,210	673	-12	371	648	228	50	18	-175	-192	738	856	-326	170	924	259	574	610	12	968	3,882	-120	-275	648	11,700	34	471	679
EPS ₹	20.87	125.17	202.82	163.80	3.89	5.88	6.72	5.17	1.72	7.50	11.89	11.95	4.11	9.83	14.10	7.74	-0.14	4.26	7.46	2.62	0.58	0.20	-2.01	-2.21	2.52	2.89	-1.10	0.57	3.12	0.87	1.94	2.06	0.04	3.26	13.09	-0.40	-0.93	0.00	31.29	0.04	1.27	1.83
Revenue YoY	—	—	—	—	151.5%	14.4%	-17.7%	-23.9%	-45.9%	4.3%	37.3%	101.4%	80.6%	21.3%	65.8%	-11.4%	-7.1%	19.0%	-33.8%	-18.9%	-62.2%	-88.4%	-85.8%	-73.4%	3734.6%	3425.5%	2974.2%	1851.0%	-20.3%	4.3%	-10.1%	10.5%	-16.6%	-21.0%	-2.6%	-9.4%	-2.6%	31.7%	48.6%	31.3%	46.4%	35.6%
Profit YoY	—	—	—	—	272.7%	-6.0%	-33.8%	-36.9%	-54.6%	31.3%	82.4%	152.0%	153.7%	38.9%	25.5%	-34.4%	-103.3%	-56.1%	-46.4%	-66.2%	—	-95.2%	-127.0%	-184.3%	1368.5%	4709.0%	—	—	25.2%	-69.7%	—	258.1%	-98.7%	273.1%	576.6%	-119.7%	-2354.9%	-33.0%	201.4%	—	—	4.7%

Returns & margins

trailing-twelve-month, per quarter

showing latest 8 of 32 periods

	DEC '18	MAR '19	JUN '19	SEP '19	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
ROE	14.6%	11.3%	11.0%	12.4%	13.6%	-12.2%	-12.8%	-15.2%	-13.5%	18.6%	23.7%	29.8%	31.2%	28.8%	29.1%	29.9%	26.7%	26.8%	22.3%	16.5%	15.0%	13.8%	16.9%	30.2%	37.9%	39.6%	38.6%	33.2%	35.3%	35.0%	39.6%	168.7%
ROCE	21.4%	16.2%	15.0%	13.5%	13.7%	-3.1%	-3.3%	-0.5%	1.1%	18.8%	23.0%	26.0%	27.9%	31.9%	32.0%	31.0%	28.3%	25.1%	22.9%	27.3%	27.8%	29.1%	31.0%	27.0%	29.2%	32.0%	31.9%	27.1%	24.3%	35.9%	35.6%	68.1%
Net margin	9.6%	7.7%	7.5%	8.5%	9.6%	-7.9%	-8.9%	-10.7%	-9.4%	13.3%	14.9%	17.1%	16.1%	14.2%	13.3%	10.9%	9.8%	7.2%	6.2%	3.6%	3.3%	2.9%	3.6%	7.9%	9.6%	10.7%	10.3%	8.5%	10.0%	13.8%	17.6%	21.9%
EBITDA margin	26.0%	25.3%	24.3%	23.7%	25.3%	24.3%	24.1%	26.8%	27.7%	30.1%	32.2%	33.2%	32.7%	33.5%	31.3%	28.2%	25.5%	23.0%	21.3%	23.6%	24.6%	24.5%	26.6%	25.7%	26.8%	27.7%	27.3%	27.9%	28.0%	28.4%	30.6%	33.3%
Debt / equity	0.77	0.93	0.93	0.93	0.93	0.91	0.91	0.91	0.91	0.92	0.92	0.92	0.92	0.81	0.81	1.08	1.08	1.68	1.68	2.36	2.36	2.34	2.34	2.10	2.10	1.79	1.79	2.08	2.08	0.54	0.54	2.37
Interest coverage	4.06	3.31	3.17	2.98	3.09	-0.66	-0.70	-0.11	0.23	4.30	5.35	6.34	6.95	7.87	7.86	6.49	5.56	4.26	3.40	3.61	3.33	3.15	3.32	3.23	3.48	3.71	3.78	3.65	3.91	4.69	6.07	9.51
Asset turnover	0.52	0.46	0.45	0.45	0.44	0.46	0.43	0.42	0.43	0.47	0.53	0.59	0.65	0.67	0.72	0.74	0.73	0.75	0.72	0.75	0.76	0.75	0.76	0.70	0.72	0.75	0.76	0.73	0.65	0.54	0.48	1.11

Balance sheet

equity vs borrowings over time · ₹ crore

showing latest 6 of 18 periods

	MAR '14‡	MAR '15‡	MAR '16‡	MAR '17‡	MAR '18‡	MAR '19‡	MAR '20‡	MAR '21‡	MAR '22‡	SEP '22	MAR '23	SEP '23	MAR '24	SEP '24	MAR '25	SEP '25	MAR '26	SEP '26
Share capital	296	296	296	372	372	372	372	372	372	372	372	372	372	391	391	391	391	391
Other equity / reserves	38,915	18,049	43,743	60,128	62,940	61,925	54,263	61,906	65,011	53,867	39,051	31,211	30,350	37,097	40,821	39,753	49,261	12,370
Total equity	39,211	18,346	44,039	60,500	63,312	62,297	54,635	62,278	65,383	54,239	39,423	31,583	30,722	37,488	41,212	40,144	49,652	12,761
Borrowings	72,360	71,966	61,668	62,500	48,740	57,703	49,800	57,028	53,109	58,598	66,182	74,473	71,758	78,653	73,853	83,544	26,995	30,297
Current liabilities	44,010	41,956	54,340	82,675	67,247	76,641	63,322	59,138	65,713	77,317	88,026	77,402	78,661	85,599	73,575	81,165	35,023	31,771
Non-current liabilities	63,328	58,922	60,291	41,926	38,065	47,878	48,553	49,157	50,183	54,254	58,903	74,184	70,077	72,380	75,965	81,214	23,722	30,372
Total assets	2,14,145	1,90,282	1,95,231	1,99,030	1,84,585	2,02,043	1,83,622	1,85,711	1,98,600	2,02,083	1,96,356	1,93,572	1,90,807	2,05,175	2,03,293	2,16,592	2,33,237	88,445
Property, plant & equipment	47,656	51,969	66,298	75,834	79,330	95,515	88,022	89,429	91,990	92,182	93,607	94,786	96,715	95,638	97,834	1,05,235	30,027	30,316
Capital work-in-progress	43,128	38,748	27,926	17,671	16,140	22,236	16,837	13,880	14,230	17,060	17,434	19,636	20,331	27,719	30,939	30,450	10,310	12,540
Investments	37,910	39,606	53,386	46,962	—	—	—	—	—	14,742	13,150	12,855	11,869	12,823	14,532	12,386	15,418	17,831
Inventories	9,034	8,725	8,012	9,628	11,967	13,198	11,335	9,923	14,313	16,160	15,012	14,117	13,001	14,056	14,474	17,237	5,414	7,035
Receivables	4,620	3,605	2,528	3,409	5,316	7,670	5,808	6,649	8,165	6,784	6,546	6,273	6,016	6,673	6,087	4,862	1,305	883
Cash & equivalents	7,686	5,696	2,200	9,864	4,236	7,289	5,117	4,854	8,671	6,119	6,926	3,389	2,812	7,669	3,993	4,669	1,370	3,719

Cash flow

annual · ₹ crore · line = free cash flow

showing latest 5 of 13 periods

	FY14‡	FY15‡	FY16‡	FY17‡	FY18‡	FY19‡	FY20‡	FY21‡	FY22	FY23	FY24	FY25	FY26
Cash from operations	15,601	17,805	20,377	17,977	17,366	23,754	19,300	23,980	34,963	33,065	35,654	39,562	39,499
Cash from investing	-11,347	-4,160	-7,863	2,711	15,396	-10,530	-5,894	-6,750	-2,253	-693	-13,686	-19,190	-24,338
Cash from financing	-5,052	-13,956	-11,303	-12,319	-39,255	-10,242	-15,547	-17,565	-28,903	-34,142	-26,092	-19,223	-13,549
Capex	7,284	10,656	5,514	5,517	7,334	8,942	7,814	6,886	10,630	13,787	16,752	17,005	20,876
Free cash flow	8,317	7,149	14,863	12,460	10,032	14,812	11,486	17,094	24,333	19,278	18,902	22,557	18,623
Dividends paid	—	—	—	—	—	—	—	—	19,349	41,149	20,500	21,191	14,825

Where the assets sit

Sep '26 · ₹ crore

Fixed assets (PPE)

₹30,316 cr34%

CWIP

₹12,540 cr14%

Investments

₹17,831 cr20%

Inventories

₹7,035 cr8%

Receivables

₹883 cr1%

Cash & equivalents

₹3,719 cr4%

Other assets

₹16,121 cr18%

Peer comparison

largest in Metals & Mining · this company in bold

Company	Market cap ₹cr	Price	P/E	P/B	ROE
Adani Enterprises Ltd.	3,71,671	2,745.80	64.8	3.79	5.9%
JSW Steel Ltd.	3,31,132	1,357.10	11.6	2.92	25.1%
Hindustan Zinc Ltd.	2,40,022	568.10	—	8.01	0.0%
Tata Steel Ltd.	2,32,398	186.30	21.1	2.27	10.8%
Hindalco Industries Ltd.	2,12,765	958.40	11.1	1.33	12.0%
Vedanta Aluminium Metal Ltd.	1,47,058	376.05	—	6.38	—
Jindal Steel Ltd.	1,18,597	1,165.00	41.5	2.26	5.5%
Vedanta Ltd.	1,02,344	261.75	4.8	8.02	168.7%
Lloyds Metals And Energy Ltd.	1,00,524	1,785.50	19.2	6.20	32.3%
Steel Authority of India Ltd.	70,880	171.60	12.6	1.13	9.0%

StoxGud checklist: Neutral setup · 5/10

Price above 50-day average
Price above 200-day average
50-day average above 200-day (uptrend)
RSI in healthy 40–70 zone
Positive 1-year return
Return on equity above 15%
Debt to equity below 1
Revenue growing year on year
Net profit margin above 10%
P/E below industry median

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month+0.1%

6 months-14.3%

1 year-49.3%

3Y CAGR+3.9%

5Y CAGR-4.2%

10Y CAGR+2.0%

50-day avg₹258.02

200-day avg₹425.22

RSI (14)62

Compare Vedanta Ltd. with

Vedanta Aluminium Metal vs Vedanta Jindal Steel vs Vedanta Vedanta vs Lloyds Metals And Energy Vedanta vs Steel Authority of India

FAQs

What is the share price of Vedanta Ltd.?

Vedanta Ltd. (VEDL) closed at ₹261.75 on NSE on 06 Nov 2026.

What is the market cap of Vedanta Ltd.?

₹1,02,344 crore at the latest close.

What is the P/E ratio of Vedanta Ltd.?

4.8, on trailing-twelve-month earnings from its filings.

How fast is Vedanta Ltd. growing?

Vedanta Ltd.: revenue has compounded at -18.9% a year over three years; net profit at 18.0% a year. Latest-quarter revenue is down 33.9% year on year, profit up 103.0%.

How profitable is Vedanta Ltd.?

On a trailing-twelve-month basis return on equity is 168.7%, return on capital employed 68.1%, operating margin 33.3%, net margin 21.9%.

How much debt does Vedanta Ltd. have?

Vedanta Ltd. is highly geared: debt to equity is 2.37 with borrowings of ₹30,297 cr against cash of ₹3,719 cr (balance sheet of 2026-09-30). Operating profit covers interest 9.5 times.

Financials parsed from Vedanta Ltd.'s own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from MAR '18, annual from FY18, balance sheet from Mar '14. * = derived (full year or half year minus earlier quarters). ‡ = balance sheet / cash flow read from the company's published annual report (same basis), for years before the NSE filings carry them; each one checked to add up. Information only, not investment advice.