Is Vedanta a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Vedanta Ltd is a good quality company .

Is Vedanta undervalued or overvalued?

The key valuation ratios of Vedanta Ltd's currently when compared to its past seem to suggest it is in the Fair zone .

What is Vedanta share price return in the past 10 years?

Vedanta Ltd share price has appreciated 6.4% annually (CAGR) over the past ten years.

Is Vedanta a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Vedanta Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

Vedanta Ltd - Stock Valuation and Financial Performance

Name: Vedanta
Brand: Vedanta

BSE: 500295 | NSE: VEDL | Metal - Non Ferrous | Large Cap

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Vedanta Share Price

₹442.55 -0.70 -0.16%
as on 21-Nov'24 15:53

10 Year X-Ray of Vedanta:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	-3%	-18.7%	16%	19.5%	15.4%	-2.6%	17.9%	29.4%	21.3%	25.2%	-
Value Creation Index ⓘ	-1.3	-2.7	0.4	0.7	0.4	-1.2	0.6	1.6	0.9	1.2	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	73,710	64,262	72,225	91,866	92,048	84,447	88,021	1,32,732	1,47,308	1,43,727	1,42,315
Sales YoY Gr.	-	-12.8%	12.4%	27.2%	0.2%	-8.3%	4.2%	50.8%	11%	-2.4%	-
Adj EPS ⓘ	-51.9	-41.3	19	32.1	20.5	-16.6	31.4	57.1	31.1	8.7	29
YoY Gr.	-	NA	NA	69.5%	-36.1%	-180.8%	NA	82.1%	-45.6%	-72%	-
BVPS (₹) ⓘ	181.1	148.5	162.2	169.7	166.8	146.2	167	175.4	105.5	82	95.9
Adj Net Profit ⓘ	-15,381	-12,236	7,050	11,947	7,638	-6,169	11,667	21,247	11,571	3,242	11,340
Cash Flow from Ops. ⓘ	17,805	20,377	18,083	17,366	23,754	19,300	23,980	34,963	33,065	35,654	-
Debt/CF from Ops. ⓘ	4.4	3.3	4	3.4	2.8	3.5	2.7	1.8	2.4	2.4	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	7.7%	9.3%	17.8%	-2.4%
Adj EPS ⓘ	NA	-15.8%	-34.8%	-72%
BVPSⓘ	-8.4%	-13.2%	-21.1%	-22.3%
Share Price	6.4%	26.1%	12.7%	84.3%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	-24.2	-25	13.5	19.3	12.2	-10.6	20	33.3	22.1	9.2	32.6
Op. Profit Mgn % ⓘ	30	23.5	29.7	27.4	26	25.4	31.1	33.9	23.8	24.8	26.1
Net Profit Mgn % ⓘ	-15.1	-27.7	15.8	16.7	11.2	-5	17.2	19.7	10.5	4.6	8
Debt to Equity ⓘ	1.5	1.5	1.2	0.9	1.1	1.3	1.1	1	2	2.8	1.3
Working Cap Days ⓘ	175	161	120	117	137	146	149	125	126	128	70
Cash Conv. Cycle ⓘ	28	-13	-65	-46	-26	-5	11	8	13	9	-32

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 32.60%

Sales growth is growing at healthy rate in last 3 years 17.76%

Net Profit has been subdued in last 3 years -34.75%

Debt to equity has increased versus last 3 years average to 2.84

Sales growth is not so good in last 4 quarters at -0.06%

Latest Financials - Vedanta Ltd.

	Standalone	Consolidated
TTM EPS (₹)	45.9	29
TTM Sales (₹ Cr.)	69,377	1,42,315
BVPS (₹.) ⓘ	192.7	95.9
Reserves (₹ Cr.) ⓘ	74,950	37,097
P/BV ⓘ	2.30	4.62
PE ⓘ	9.67	15.28

From the Market
52 Week Low / High (₹)	230.65 / 523.60
All Time Low / High (₹)	0.96 / 523.60
Market Cap (₹ Cr.)	1,73,328
Equity (₹ Cr.)	391
Face Value (₹)	1
Industry PE ⓘ	17.4

Management X-Ray of Vedanta:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

99.99

* Pledged shares as % of Promoter's holding (%)

Valuation of Vedanta

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Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Vedanta

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	73,710	64,262	72,225	91,866	92,048	84,447	88,021	1,32,732	1,47,308	1,43,727
Operating Expenses ⓘ	51,595	49,198	50,894	67,004	68,978	63,760	60,703	87,908	1,12,886	1,08,529
Manufacturing Costs	16,390	18,290	20,809	23,115	30,248	29,452	26,012	37,385	51,157	44,570
Material Costs	24,675	22,193	21,881	32,252	26,150	22,503	23,682	35,481	44,150	44,407
Employee Cost	2,845	2,458	2,339	2,496	3,023	2,672	2,861	2,811	3,098	3,300
Other Costs ⓘ	7,685	6,257	5,865	9,141	9,557	9,133	8,148	12,231	14,481	16,252
Operating Profit ⓘ	22,114	15,064	21,331	24,862	23,070	20,687	27,318	44,824	34,422	35,198
Operating Profit Margin (%)	30.0%	23.4%	29.5%	27.1%	25.1%	24.5%	31.0%	33.8%	23.4%	24.5%
Other Income ⓘ	2,977	4,531	4,582	3,205	4,051	2,510	3,421	2,600	2,851	2,550
Interest ⓘ	5,659	5,778	5,855	5,112	5,689	4,977	5,210	4,797	6,225	9,465
Depreciation ⓘ	7,159	8,572	6,292	6,283	8,192	9,093	7,638	8,895	10,555	10,723
Exceptional Items ⓘ	-22,199	-33,785	-114	2,897	320	-17,386	-678	-768	-217	2,803
Profit Before Tax ⓘ	-9,925	-28,540	13,652	19,569	13,560	-8,259	17,213	32,964	20,276	20,363
Tax ⓘ	1,448	-10,678	2,333	5,877	3,862	-3,516	2,180	9,255	5,770	12,826
Profit After Tax	-11,373	-17,863	11,319	13,692	9,698	-4,743	15,033	23,709	14,506	7,537
PAT Margin (%)	-15.4%	-27.8%	15.7%	14.9%	10.5%	-5.6%	17.1%	17.9%	9.8%	5.2%
Adjusted EPS (₹)	-52.8	-41.4	18.7	27.8	19.0	-17.9	31.2	50.5	28.4	11.4
Dividend Payout Ratio (%)	-8%	-8%	104%	76%	99%	-22%	30%	89%	357%	259%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	53,875	44,039	60,345	63,135	62,048	54,386	62,107	65,247	39,255	30,509
Share Capital ⓘ	297	297	372	372	372	372	372	372	372	372
Reserves ⓘ	53,579	43,743	59,973	62,763	61,676	54,014	61,735	64,875	38,883	30,137
Minority Interest	35530	36561	13928	15961	15227	17112	15138	17321	10004	11347
Debt	71,966	61,668	62,500	48,740	57,703	58,745	49,942	54,790	69,635	69,832
Long Term Debt	52,025	49,378	30,255	26,789	34,721	36,724	37,962	36,205	43,476	50,633
Short Term Debt	19,941	12,290	32,245	21,951	22,982	22,021	11,980	18,585	26,159	19,199
Trade Payables	5,278	16,162	18,459	17,843	17,352	8,027	7,624	10,380	11,043	10,095
Others Liabilities ⓘ	23,632	28,282	36,306	33,972	46,238	38,463	45,040	45,559	58,366	66,335
Total Liabilities ⓘ	1,90,281	1,86,713	1,91,538	1,79,651	1,98,568	1,76,733	1,79,851	1,93,297	1,88,303	1,88,118
Fixed Assets
Gross Block	1,05,931	1,40,068	1,54,249	1,65,052	2,14,880	2,30,769	2,38,627	2,52,521	2,72,332	2,85,372
Accumulated Depreciation	35,759	72,838	77,493	84,773	1,18,483	1,41,865	1,48,157	1,59,055	1,76,588	1,86,953
Net Fixed Assetsⓘ	70,172	67,231	76,756	80,279	96,397	88,904	90,470	93,466	95,744	98,419
CWIP ⓘ	38,748	38,461	27,557	32,055	24,959	18,585	16,314	15,879	19,529	22,889
Investmentsⓘ	39,606	53,386	46,962	28,700	33,065	24,753	16,660	17,291	13,150	11,869
Inventories	8,725	8,012	9,628	11,967	13,198	11,335	9,923	14,313	15,012	13,001
Trade Receivables	3,605	2,494	2,240	3,969	3,982	2,697	3,491	4,946	4,014	3,607
Cash Equivalents	5,696	3,709	14,123	5,216	8,369	12,502	16,629	15,355	9,254	4,327
Others Assetsⓘ	23,729	13,420	14,272	17,465	18,598	17,957	26,364	32,047	31,600	34,006
Total Assets ⓘ	1,90,281	1,86,713	1,91,538	1,79,651	1,98,568	1,76,733	1,79,851	1,93,297	1,88,303	1,88,118

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	17,805	20,377	18,083	17,366	23,754	19,300	23,980	34,963	33,065	35,654
PBT ⓘ	-9,921	-28,540	13,652	19,569	13,560	-8,259	17,213	32,964	20,276	20,363
Adjustment ⓘ	33,640	43,666	7,838	5,770	10,679	29,631	10,446	12,501	14,547	16,424
Changes in Working Capital ⓘ	-2534	7702	1794	-4775	2128	-937	-1571	-4766	4599	1552
Tax Paid ⓘ	-3,380	-2,451	-5,201	-3,198	-2,613	-1,135	-2,108	-5,736	-6,357	-2,685
Cash Flow From Investing Activity ⓘ	-4,160	-7,863	2,711	15,396	-10,530	-5,894	-6,750	-2,253	-693	-13,686
Capex	-10,574	-5,412	-5,435	-7,296	-8,817	-7,669	-6,718	-10,305	-13,654	-16,557
Net Investments	-203	-3,355	7,071	22,207	2,503	997	4,693	4,707	8,990	1,006
Others ⓘ	6,617	905	1,075	485	-4,216	778	-4,725	3,345	3,971	1,865
Cash Flow From Financing Activityⓘ	-13,956	-11,303	-12,425	-39,255	-10,242	-15,547	-17,565	-28,903	-34,142	-26,092
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	1,025	2,065	1,656	-8,271	7,075	2,830	7,130	-7,842	8,160	12,963
Interest Paid ⓘ	-6,290	-5,797	-6,150	-5,006	-6,009	-5,322	-5,348	-5,274	-5,530	-9,825
Dividend Paid ⓘ	-3,106	-3,221	822	-14,881	-11,792	-1,444	-9,122	-16,681	-29,959	-18,572
Others ⓘ	-5,585	-4,351	-8,753	-11,097	484	-11,611	-10,225	894	-6,813	-10,658
Net Cash Flow ⓘ	-311	1,211	8,369	-6,493	2,982	-2,141	-335	3,807	-1,770	-4,124

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	-17.98	-36.55	21.69	22.18	15.49	-8.15	25.81	37.23	27.76	21.61
ROCE (%)	-3	-18.71	16	19.47	15.4	-2.61	17.91	29.36	21.29	25.2
Asset Turnover Ratio	0.38	0.36	0.4	0.5	0.49	0.45	0.49	0.71	0.77	0.76
PAT to CFO Conversion(x)	N/A	N/A	1.6	1.27	2.45	N/A	1.6	1.47	2.28	4.73
Working Capital Days
Receivable Days	19	16	11	12	16	14	13	12	11	10
Inventory Days	42	45	42	42	50	53	44	33	36	36
Payable Days	70	176	289	205	246	206	121	93	89	87

Vedanta Ltd Stock News

Vedanta Ltd FAQs

What is the share price of Vedanta?

Company share prices are keep on changing according to the market conditions. The closing price of Vedanta on 21-Nov-2024 15:53 is ₹442.6.

What is the market cap of Vedanta?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 21-Nov-2024 15:53 the market cap of Vedanta stood at ₹1,73,328.

What is the P/E ratio of Vedanta?

The latest P/E ratio of Vedanta as of 21-Nov-2024 15:53 is 9.67.

What is the P/B ratio of Vedanta?

The latest P/B ratio of Vedanta as of 21-Nov-2024 15:53 is 2.30.

What is the 52-week high and low of Vedanta?

The 52-week high of Vedanta is ₹523.6 and the 52-week low is ₹230.7.

What is the TTM revenue of Vedanta?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Vedanta is ₹69,377 ( Cr.) .

About Vedanta Ltd

Vedanta is a globally diversified natural resources company with interests in zinc-lead-silver, Iron ore, Steel, Copper, Aluminium, Power, Oil and Gas. The company strive for a positive impact on the communities it operate in and leave a legacy of pride. Operating responsibly and ethically is an integral part of Vedanta’s core values. The company deliver on its commitments to all internal and external stakeholders by demonstrating these values through its actions, processes, systems and interactions. Vedanta constantly learn and develop; and endeavour to improve its operations. Vedanta are fully committed to working with integrity and have upheld ‘uncompromising business ethics’. While The Company’s business has expanded into many locations around the world, its operations have positively impacted the communities it operate in.

Business area of the company

The company supplies natural resources that help the world grow. The company’s major products are zinc-lead-silver, iron ore, steel, copper, aluminium, power, oil and gas. The company’s strategic capabilities and alliances are singularly focused on creating and preserving value for its wide stakeholder groups and its clientele. It has a portfolio of world-class, low-cost, scalable assets that consistently generate strong profitability and have robust cash flows. The company holds industry-leading market shares across its core divisions.

The company’s verticals

Aluminium
Power
Iron Ore & Steel
Copper
Zinc
Silver
Oil & Gas

Awards

Sesa Goa was honored as “Sustainable Asian Mining Project of the year” by Asian Mining Congress-2008
The company was awarded in the best Value Creator (Large cap) category at The Outlook Money NDTV Profit Awards 2008.
The company was selected as top Indian company in the mining sector category at Dun & Bradstreet American Express Corporate Awards 2007.
Sesa Goa has won Overall first prize award for Corporate Social Responsibility (CSR) during the 7th National conference on Occupational Safety, Health and Environment, organised by Inspectorate of Factories and Boilers , Govt. of Goa - Feb,10.
Sesa Industires has won first prize award for Corporate Social Responsibility (CSR) in environment category during the 7th National conference on Occupational Safety, Health and Environment, organised by Inspectorate of Factories and Boilers , Govt. of Goa - Feb,10.
Sesa Goa received the Runners up Award for Best Corporate Social Responsibility Practice at the 6th Social and Corporate Governance Awards 2010 by Bombay Stock Exchange, Mumbai.
Sesa Goa Limited, Codli Mine - Workshop & Stores has received the 5S certification from the Certificate Body of Quality Circle Forum of India in January 2011.
Sesa Goa mines in Goa have been selected for the prestigious British Safety Council’s International Safety Award for the year 2011. Five units of the company; Sonshi, Codli and Bicholim mines in Goa, the Pig Iron Plant and Met Coke Division in Amona, Goa bagged the top international award for the company.
Dun & Bradstreet Corporate Awards 2019.
IEI Centenary Industry Excellence Award 2019.
Silver in the Internal Communications, IPRCCA 2019 Awards.
ET Now Business Leader of the Year 2020, Ajay Kapur.
Bronze at the India Public Relations and Corporate Communications Awards 2019.
Excellence in trade finance- 2nd Financial leadership award.
People Business Great Managers Award by Economic Times and People Business.
Customs Department Best Importor Award.
ET Now CEO of the Year Award.
QCFI – NCQC.
IMEA Future Factory Ready Award.
Vedanta Sesa Goa Iron Ore Karnataka Unit won 46 awards at the Mines Safety Association Karnataka Zone - 3.
Legal Summit and Awards 2019 .
India Procurement Leadership Forum & Awards 2020.

Milestones

1954: Baron Ludovic Toeplitz lands in Goa. With the financial backing of an enterprising Italian, Alessandro, he acquires the Orosso Dongor Mining Concession in North Goa and starts a company called Scambi Economici S.A. Goa.
1955: The company renamed Sesa Goa is bought over jointly by Gewerkeshaft Exploration a Bergbau represented by Eugene Plotzki and by Ferromin S.p.A. of Italy (a subsidiary of Finsider S.p.A. of the IRI group) represented by Paolo Tradardi, both parties having equal shareholding.
1957: Another company started in Goa, Mingoa Sociedade Mineral Goesal S.a.r.l. is incorporated with Fiat of Torino as the principal shareholder.
1963: Finsider S.p.A. acquires the West German interest in Sesa Goa Limitada and also all the shares of Mingoa.
1965: Sesa Goa and Mingoa are incorporated as Private Limited Companies under Indian Companies Act 1956.
1979: A single company Sesa Goa Private Limited is formed with amalgamation of Sesa Goa and Mingoa fully owned by Finsider S.p.A.
1981: Sesa Goa goes public with 42,000 Indian shareholders holding 60% of its shares and the remaining 40% held by Finsider International (later became ILVA INTERNATIONAL).
1984: Sesa Goa starts a barge construction unit at Sirsaim which has since developed into a Ship Building division.
1992: First phase of 150,000 tons per year Pig Iron plant is commissioned and manufacture of low phosphorus foundry grade pig iron starts.
1994: Second blast furnace is commissioned in July.
1995: Sesa Shipping is launched in January with acquisition of Transhipper M.V. Orissa. 84 coke ovens are commissioned in April.
1996: On 11 October, MITSUI & CO. of Japan, through Earlyguard, UK, buys Finsider International with its 51% stake in Sesa Goa Ltd.
1997: Sesa Kembla becomes 100% subsidiary of Sesa Goa. Karnataka mining developments commence.
1998: Sesa Community development Foundation is established to encompass NCM Sesa Technical School and a new Sesa Football Academy.
1999: Sesa Goa commences mining operations at Barbil in Orissa producing high grade iron ore and exporting from the nearby ports of Haldia and Paradip.
2000: Sesa Kembla Coke completes the development of an indigenous and environment friendly technology for producing high quality Metallurgical Coke and generating power as a by-product. Sesa Kembla applies for international patents for its technology.
2002: Sesa Group becomes the first business of its kind to be certified with OHSAS 18001.
2003: Sesa Goa equity in Sesa Industries raised to 88.25%
2004: Sesa Group completes 50 years of operations.
2007: Vedanta Resources Plc, a diversified metals and mining group, listed on the London Stock Exchange acquires 51% controlling stake in Sesa Goa Ltd. from Mitsui & Co. Ltd.
2009: Sesa Goa Limited and Dempo Group have signed a definitive share purchase agreement under which Sesa has acquired all the outstanding common shares of VS Dempo & Co. Pvt. Ltd. along with its 100% equity shares of Dempo Mining Corporation Pvt. Ltd. and 50% equity shares of Goa Maritime Pvt. Ltd.
2011: Sesa Goa Codli Mine - Workshop & Stores receives the 5S certification from the Certificate Body of Quality Circle Forum of India.
2013: Sesa Goa All Share Merger of Sesa Goa And Sterlite Industries becomes Effective -Change in Name of Sesa Goa Limited to Sesa Sterlite Limited.
2014: SSL- Kitchen Waste Producing Cooking Gas and Creating Greenery in Lanjigarh - CSR and Competitiveness Magazine.
2014:Sesa Sterlite receives the Community Development Award at the Asian CSR Leadership Awards.
2014:Sesa Sterlite, Jharsuguda bags two National Awards at ‘15th National Award for Excellence in Energy Management 2014’ -Sesa Sterlite Announces Development of Gamsberg-Skorpion Integrated Zinc Project.
2015: Sesa Sterlite arm gets approval for starting power plant.
2015: Sesa Sterlite restarts mining in Karnataka.
2015: Sesa Sterlite had approved Scheme of Amalgamation of Goa Energy Limited with Sesa Sterlite Limited.
2015: Sesa Sterlite Ltd has completed the merger of its subsidiary Sterlite Infra with itself.
2015: Sesa Sterlite Limited renamed Vedanta Limited.
2015: Vedanta unveiled its new logo as the firm tries to present a uniform brand identity.
2015: Vedanta Ltd has acquired a 4.98 per cent stake in Cairn India Ltd.
2015: Vedanta Ltd has approved the merger of Cairn India Ltd into Vedanta Ltd.
2016: Vedanta Successful bidder of Gold Mine.
2017: Vedanta-Cairn Merger Effective.
2017: Vedanta lays the foundation stone for the first Nandghar in Karnataka.
2017: Vedanta lays the foundation stone for the second ‘Nandghar’ in Karnataka.
2018: Acquisition of Electrosteel Steels Limited.
2018: Vedanta Medical Research Foundation (VMRF) Launches World-Class Oncology Facility, Balco Medical Centre, in Raipur.
2019: Vedanta fully unwinds the CIHL Structured Investment with superior gains.
2019: Vedanta sets up 500th Nand Ghar; Reaches out to over 17,000 children.
2020: Vedanta Inaugurates 1700th Nand Ghar in Karnataka.
2020: Vedanta launches Global Accelerator Program 'Vedanta Spark'