Vedanta Limited
Vedanta Limited operates in Diversified Metals, part of the Metals & Mining sector. It booked ₹26,356 cr of revenue in its latest quarter (Q2 FY27) and kept 13.8% of sales as profit. It is the largest of 4 Diversified Metals companies we track, by market value.
| Segment | FY23 | FY24 | FY25 | FY26 | Share |
|---|---|---|---|---|---|
| Zinc, lead and silver | 0.25 | 0.21 | 0.33 | 0.39 | 17% → 22% |
| Copper | 0.17 | 0.20 | 0.23 | 0.31 | 12% → 17% |
| Zinc - international | 0.05 | 0.04 | 0.04 | 0.05 | 4% → 3% |
| Others | 0.09 | 0.10 | 0.10 | 0.13 | 6% → 7% |
| Oil & Gas | 0.15 | 0.18 | 0.11 | 0.10 | 10% → 5% |
| Aluminium | 0.52 | 0.48 | 0.59 | 0.66 | 36% → 37% |
| Iron Ore | 0.07 | 0.09 | 0.06 | 0.06 | 4% → 4% |
| Power | 0.07 | 0.06 | 0.06 | 0.09 | 5% → 5% |
| Zinc, Lead & Silver India | 0.08 | 0.07 | — | — | — |
| Total | 1.46 | 1.43 | 1.52 | 1.78 |
From the company's consolidated segment filings (Ind AS 108). Margin is segment operating profit (before interest & tax) over segment revenue; reconciliation rows like inter-segment eliminations are excluded from the mix.
Healthier than 72% of companies in Metals & Mining, on all six measures of filed financials. Each measure is ranked against the 13–27 companies that reported it.
Measures financial condition, not whether to buy. Learn what this score means · How this is calculated
- RSI (14)
- 50
At close. Not part of the score.
How much profit it earns on the money it employs
How much it owes, and whether earnings cover the interest
Whether reported profit actually arrives as cash
Whether sales and profit have grown, and how steadily
What today's price implies, against our models or its peers
How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure
What if I invest in VEDL?
Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.
The slider starts at 0%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.
P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.
An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.
| Revenue from Operations | ₹26,356 cr |
| Other Income | ₹510 cr |
| Total Income | ₹26,866 cr |
| Cost of Materials | ₹9,242 cr |
| Purchases of Stock-in-Trade | ₹172 cr |
| Inventory Change (±) | ₹-671 cr |
| Employee Benefit Expense | ₹409 cr |
| Finance Costs | ₹696 cr |
| Depreciation & Amortisation | ₹1,339 cr |
| Other Expenses | ₹7,289 cr |
| Total Expenses | ₹18,476 cr |
| Profit before Tax | ₹8,390 cr |
| Tax Expense | ₹2,188 cr |
| Net Profit | ₹6,202 cr |
| Net margin on total income | 23.1% |
| Metric | Q4 FY26 | Q1 FY27 | Q2 FY27 |
|---|---|---|---|
| Revenue | 24,609 cr | 24,205 cr | 26,356 cr |
| Total income | 25,027 cr | 24,747 cr | 26,866 cr |
| Expenses | 19,119 cr | 17,558 cr | 18,476 cr |
| Profit before tax | 5,908 cr | 7,189 cr | 8,390 cr |
| Tax | 1,658 cr | 1,895 cr | 2,188 cr |
| Net profit (owners' share) | 6,698 cr | 5,473 cr | 3,650 cr |
| Net margin (owners' share, on revenue) | 27.2% | 22.6% | 13.8% |
| EPS (₹) | 5.95 | 7.95 | 9.35 |
| Company | Price | Market cap | P/E | ROE | Net margin | 1-yr return |
|---|---|---|---|---|---|---|
| Vedanta Limitedthis company | ₹247 | ₹96,538 cr | 6.6 | 114.4% | 13.8% | — |
| Jain Resource Recycling Limited | ₹273 | ₹9,429 cr | 33.8 | 17.8% | 2.5% | — |
| Pondy Oxides & Chemicals Limited | ₹384 | ₹2,929 cr | 20.4 | 18.2% | 3.8% | — |
| Ardee Industries Limited | ₹45 | ₹1,149 cr | 14.5 | — | 5.9% | — |
| Action | Detail | Ex-date |
|---|---|---|
| Dividend | ₹5 / share | 14 Oct 2026 |
| Dividend | ₹11 / share | 27 Mar 2026 |
| Dividend | ₹16 / share | 26 Aug 2025 |
| Dividend | ₹7 / share | 24 Jun 2025 |
| Dividend | ₹8.5 / share | 24 Dec 2024 |
| Dividend | ₹20 / share | 10 Sep 2024 |
A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.
Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.
Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.
The company also transacted with 48 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.
Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.
When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.
The company has not broken this money down into purposes in its filing for Jun 2025, so there is nothing to measure it against yet. ICRA Limited watches the spending on the exchange’s behalf.
Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing