What follows is a numbers-first look at Vedanta Limited (VEDL), covering income trends, margins, valuation, and shareholding.
Vedanta Revenue Trend
Vedanta Limited's revenue dropped 48.9% year-over-year, from ₹1,56,643 Cr to ₹79,987 Cr in FY2026.
Over the past 10 years, Vedanta Limited's revenue has compounded at just 2.2% annually, a pace unlikely to excite most investors.
By revenue, Vedanta Limited stands as a major mining company, posting a top line of ₹79,987 Cr.
| Year | Revenue | YoY % |
|---|---|---|
| FY2026 | ₹79,987 Cr | -48.9% |
| FY2025 | ₹1,56,643 Cr | +7.1% |
| FY2024 | ₹1,46,277 Cr | -2.6% |
| FY2023 | ₹1,50,159 Cr | +11.0% |
| FY2022 | ₹1,35,332 Cr | — |
View Vedanta Limited's full 10-year revenue trend with CAGR analysis →
Vedanta Profitability
Net income climbed to ₹25,096 Cr in FY2026, 22.2% higher than FY2025, a clear sign of strengthening profitability.
In FY2026, net margin widened to 31.4%, up from 13.1% a year prior.
Diluted EPS rose to ₹44.21 in FY2026, up from ₹38.65 in FY2025.
Is Vedanta Undervalued
Using the P/E Ratio model, Vedanta Limited's estimated intrinsic value works out to ₹466 (73.0% upside).
Shares of Vedanta Limited currently trade at ₹269.65.
Craytheon also runs intrinsic value through the EPS Growth and DCF models, with the full breakdown and assumptions available in the detailed analysis.
| Model | Est. Fair Value | vs. Current Price |
|---|---|---|
| P/E Ratio | ₹466 | 73.0% upside to fair value |
| EPS Growth | Upgrade | Upgrade |
| DCF | Upgrade | Upgrade |
See all valuation models for Vedanta Limited with detailed assumptions →
Vedanta Shareholding Pattern
Promoters haven't budged, holding steady at 56.4% for 4 quarters.
As of March 2026, FIIs hold 13.9% of the company, up from 10.6% a year earlier.
The DII stake came in at 13.4% as of March 2026, compared with 16.5% in the year-ago period.
| Quarter | Promoter | FII | DII | Public |
|---|---|---|---|---|
| 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% |
| Jun 2025 | 56.4% | 10.6% | 16.5% | 16.4% |
Track quarterly shareholding changes for Vedanta Limited →
Vedanta Balance Sheet
Proportional view as of 13 Jul 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
Based on the latest available financials, here's the bottom line on Vedanta Limited (VEDL).
FY2026 revenue came in at ₹79,987 Cr, down 48.9% year-over-year.
Over 10 years, long-term revenue has compounded at just 2.2% annually.
The company remains profitable, posting a net margin of 31.4% and net income of ₹25,096 Cr.
The P/E Ratio model implies 73.0% upside to fair value from the current price. The remaining two models are worth cross-checking before drawing a conclusion — sign up to see the full analysis.
Unlock Full Analysis
Craytheon's full analysis of Vedanta Limited goes deeper: three valuation models, growth metrics, and 10 years of financial data.