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Earnings Call Transcript

Vedanta Earnings Call Transcript: Key Takeaways

Vedanta reports record 3QFY26 EBITDA of ₹15,171 Cr (+34% YoY) and 41% margins. Strategy focuses on aggressive capex monetisation, cost leadership in Aluminum/Zinc, and structural deleveraging towards <1x Net Debt/EBITDA.

Guidance and delivery
Management target Revenue FY29
Highlights
Revenue growth19% YoY in 3Q; 10% YoY in 9M.
MarginsEBITDA margin improved 629 bps YoY to 41% in 3Q.
Demand visibilityStrong domestic mineral demand; India demand CAGR 6-7% through 2030.
Management confidenceHigh; citing 'Record EBITDA on the cards' and structural cost reductions.

Growth

3Q revenue grew 19% YoY to ₹45,899 Cr; PAT surged 60% YoY to ₹7,807 Cr.

Outlook

Targeting ~$10Bn EBITDA medium-term via 1.3Bn USD growth capex; major project commissioning scheduled for FY27.

Risks

Commodity price volatility (LME sensitivity), regulatory clearances for steel expansion, and execution risks on 10+ mining blocks.

Source

Earnings Call Transcript filed with NSE, NSE: VEDL. Summary written with AI assistance from the document.

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Vedanta Ltd: key numbers

Share price
₹266.35
Market cap
₹1,04,153 Cr
Revenue (annual)
₹78,437 Cr
Net profit (annual)
₹17,391 Cr
P/E (TTM)
5.3×Sector 19.0×
Promoter holding
54.72%-1.66% QoQ
FII holding
15.78%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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₹189.8 Cr