This is a numbers-first look at Vedanta Limited (VEDL), covering income trends, margins, valuation, and shareholding.
Vedanta Revenue Trend
Year-over-year, Vedanta Limited's revenue fell 48.7% from ₹1,52,968 Cr to ₹78,437 Cr in FY2026.
Vedanta Limited's revenue has only compounded at 2.0% annually over 10 years. Growth at this rate isn't enough to excite most investors.
Vedanta Limited is a major mining company by revenue, with a top line of ₹78,437 Cr.
| Year | Revenue | YoY % |
|---|---|---|
| FY2026 | ₹78,437 Cr | -48.7% |
| FY2025 | ₹1,52,968 Cr | +6.4% |
| FY2024 | ₹1,43,727 Cr | -2.4% |
| FY2023 | ₹1,47,308 Cr | +11.0% |
| FY2022 | ₹1,32,732 Cr | — |
View Vedanta Limited's full 10-year revenue trend with CAGR analysis →
Vedanta Profitability
Profitability strengthened with net income of ₹25,096 Cr in FY2026, 22.2% higher than FY2025.
Net margin expanded to 32.0% in FY2026, up from 13.4% a year prior.
The diluted EPS figure moved up to ₹44.21 in FY2026, against ₹38.65 posted in FY2025.
Is Vedanta Undervalued
Vedanta Limited shares are currently trading at ₹267.25.
Craytheon calculates intrinsic value using the P/E Ratio, DCF, and EPS Growth models. All three appear in the Valuation Models cards below.
Valuation Models
Vedanta Shareholding Pattern
Promoter stake dipped to 54.7% from 56.4% over 4 quarters — something to monitor.
As of June 2026, FIIs own 15.8% of the company — up from 11.1% a year earlier.
The DII stake stands at 10.8% as of June 2026, versus 16.2% in the year-ago period.
| Quarter | Promoter | FII | DII | Public |
|---|---|---|---|---|
| Jun 2026 | 54.7% | 15.8% | 10.8% | 18.4% |
| Mar 2026 | 56.4% | 13.9% | 13.4% | 16.1% |
| Dec 2025 | 56.4% | 12.2% | 15.3% | 16.0% |
| Sep 2025 | 56.4% | 11.1% | 16.2% | 16.1% |
Track quarterly shareholding changes for Vedanta Limited →
Vedanta Balance Sheet
Proportional view as of 3 Aug 2026. Hover blocks for details.
Assets
Liabilities & Equity
Total assets stood at ₹2,332.37B at the end of FY2026, up 14.7% from ₹2,032.93B a year earlier.
Other Assets is the largest block at 72.3%, followed by Property, Plant & Equipment at 17.3% and Cash & ST Investments at 6.6%.
Equity makes up 29.4% of liabilities and equity, with debt at 11.9% and operating liabilities at 58.7%. Over the year, debt is down 62.3% and equity is up 27.6%.
Balance sheet composition — FY 2026
| Category | Value |
|---|---|
| Cash & ST Investments | 155.05B |
| Receivables | 13.05B |
| Inventories | 54.14B |
| Property, Plant & Equipment | 403.37B |
| Investments | 13.73B |
| Intangibles & Goodwill | 7.42B |
| Other Assets | 1,685.61B |
| Category | Value |
|---|---|
| Equity | 685.77B |
| Short-term Debt | 113.09B |
| Long-term Debt | 165.35B |
| Trade Payables | 72.50B |
| Other Liabilities | 1,295.66B |
What Stands Out About Vedanta
Here's the bottom line on Vedanta Limited (VEDL) based on the latest available financials.
Revenue of ₹78,437 Cr in FY2026, down 48.7% year-over-year.
Long-term revenue has been compounding at 2.0% annually over 10 years.
The company is profitable, with a net margin of 32.0% and net income of ₹25,096 Cr.
Unlock Full Analysis
Craytheon's full analysis of Vedanta Limited goes deeper: three valuation models, growth metrics, and 10 years of financial data.