Vedanta Ltd

About [ edit ]

Vedanta is engaged in the business of exploring, extracting and processing minerals and oil and gas. The Company engages in the exploration, production and sale of oil and gas, aluminium, copper, iron ore and power.

  • Market Cap 106,069 Cr.
  • Current Price 286
  • High / Low 296 / 86.2
  • Stock P/E 8.80
  • Book Value 168
  • Dividend Yield 3.33 %
  • ROCE 21.2 %
  • ROE 20.6 %
  • Face Value 1.00

Pros

  • Company has reduced debt.
  • Company has been maintaining a healthy dividend payout of 35.98%

Cons

  • The company has delivered a poor sales growth of 6.49% over past five years.
  • Company has a low return on equity of 6.83% for last 3 years.
  • Contingent liabilities of Rs.33325.00 Cr.
  • Promoters have pledged 99.99% of their holding.
Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021
22,206 22,705 23,669 23,468 21,374 21,958 21,360 19,755 15,973 21,107 22,735 28,206
16,016 17,572 18,024 17,333 16,176 17,535 14,846 15,203 11,980 14,576 14,978 19,169
Operating Profit 6,190 5,133 5,645 6,135 5,198 4,423 6,514 4,552 3,993 6,531 7,757 9,037
OPM % 28% 23% 24% 26% 24% 20% 30% 23% 25% 31% 34% 32%
Other Income 418 894 1,398 1,628 380 434 815 -16,505 1,025 732 886 86
Interest 1,452 1,478 1,358 1,401 1,341 1,340 1,232 1,064 1,252 1,312 1,321 1,325
Depreciation 1,796 1,931 2,207 2,258 2,155 2,395 2,291 2,252 1,733 1,938 1,912 2,055
Profit before tax 3,360 2,618 3,478 4,104 2,082 1,122 3,806 -15,269 2,033 4,013 5,410 5,743
Tax % 33% 27% 33% 22% 7% -143% 30% 21% 25% 59% 22% -33%
Net Profit 1,533 1,343 1,574 2,615 1,351 2,158 2,348 -12,521 1,033 824 3,299 6,432
EPS in Rs 4.12 3.61 4.23 7.03 3.63 5.81 6.32 -33.68 2.78 2.22 8.87 17.30

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
6,670 10,136 8,978 2,749 66,152 73,710 64,262 72,225 91,866 92,048 84,447 88,021
3,557 4,945 5,544 2,286 46,757 52,822 82,741 51,094 71,196 68,945 63,954 60,703
Operating Profit 3,114 5,192 3,434 463 19,396 20,887 -18,479 21,131 20,670 23,103 20,493 27,318
OPM % 47% 51% 38% 17% 29% 28% -29% 29% 22% 25% 24% 31%
Other Income 461 552 235 35 2,073 -17,994 4,290 4,668 10,294 4,338 -14,682 2,743
Interest 56 87 433 475 5,094 5,659 5,778 5,855 5,112 5,689 4,977 5,210
Depreciation 74 96 106 197 6,882 7,159 8,572 6,292 6,283 8,192 9,093 7,638
Profit before tax 3,445 5,560 3,129 -174 9,493 -9,925 -28,540 13,652 19,569 13,560 -8,259 17,213
Tax % 23% 24% 33% 25% -9% -15% 37% 17% 30% 28% 43% 13%
Net Profit 2,629 4,222 2,696 2,280 6,299 -15,646 -12,270 6,958 10,342 7,065 -6,664 11,602
EPS in Rs 31.64 48.58 31.01 26.24 21.25 -52.77 -41.39 23.47 27.82 19.01 -17.93 31.21
Dividend Payout % 10% 7% 13% 0% 15% -8% -8% 83% 76% 99% -22% 30%
Compounded Sales Growth
10 Years:24%
5 Years:6%
3 Years:-1%
TTM:4%
Compounded Profit Growth
10 Years:11%
5 Years:25%
3 Years:10%
TTM:281%
Stock Price CAGR
10 Years:-0%
5 Years:24%
3 Years:2%
1 Year:217%
Return on Equity
10 Years:2%
5 Years:9%
3 Years:7%
Last Year:21%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
83 87 87 87 296 296 296 372 372 372 372 372
Reserves 7,835 12,724 15,031 17,388 72,712 53,579 43,743 60,128 62,940 62,322 54,644 61,906
Borrowings 1,961 999 3,741 4,839 80,566 77,752 67,778 71,569 58,159 66,226 59,187 41,677
1,360 1,787 1,542 723 60,545 58,654 80,163 64,952 58,896 69,648 66,534 81,742
Total Liabilities 11,238 15,597 20,401 23,037 214,120 190,281 191,980 196,946 180,367 198,568 180,737 185,697
2,177 2,416 3,307 4,136 87,205 70,108 61,591 75,631 78,455 86,327 86,127 92,904
CWIP 79 544 837 723 43,128 38,748 38,461 27,557 32,055 24,959 18,585 13,880
Investments 4,565 8,800 14,167 16,059 37,910 39,606 53,386 46,962 28,700 33,065 24,753 16,660
4,418 3,838 2,090 2,119 45,877 41,819 38,542 46,796 41,157 54,217 51,272 62,253
Total Assets 11,238 15,597 20,401 23,037 214,120 190,281 191,980 196,946 180,367 198,568 180,737 185,697

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
2,571 3,541 2,215 22 15,601 17,805 20,377 18,083 17,366 23,754 19,298 23,980
-5,234 -2,303 -4,724 -311 -2,890 -4,133 -7,868 2,681 15,480 -10,594 -5,925 -6,750
2,682 -400 1,726 238 -5,052 -13,956 -11,303 -12,425 -39,255 -10,242 -15,547 -17,565
Net Cash Flow 20 837 -784 -51 7,659 -284 1,206 8,339 -6,409 2,918 -2,174 -335

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
ROCE % 47% 47% 22% 2% 16% 12% -19% 14% 17% 15% 12% 21%
Debtor Days 18 25 22 19 25 18 14 11 16 16 12 14
Inventory Turnover 1.44 1.42 1.24 0.63 6.10 3.71 3.75 3.66 4.29 3.52 3.17 3.51

Shareholding Pattern

Numbers in percentages

Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021
50.14 50.14 50.14 50.14 50.14 50.14 50.14 50.14 50.14 50.14 55.11 55.11
17.29 16.62 15.82 16.45 17.01 17.13 16.39 15.18 15.00 17.50 16.06 16.27
14.86 17.78 18.93 18.70 18.44 18.58 18.63 18.79 19.06 16.32 13.20 11.62
17.47 15.22 14.71 14.31 14.02 13.75 14.44 15.51 15.43 15.68 15.29 16.67
0.25 0.24 0.40 0.40 0.40 0.40 0.40 0.39 0.37 0.36 0.34 0.33

Documents