Executive Summary
Vedanta Limited operates as a diversified natural resources company in India.
Snowflake
Fundamentals
Good value average dividend payer.
Similar Companies
Share Price & News
How has Vedanta's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
-2.8%
VEDL
0.9%
IN Metals and Mining
2.4%
IN Market
1 Year Return
-29.1%
VEDL
-27.4%
IN Metals and Mining
8.0%
IN Market
Return vs Industry: VEDL underperformed the Indian Metals and Mining industry which returned -27.4% over the past year.
Return vs Market: VEDL underperformed the Indian Market which returned 8% over the past year.
Shareholder returns
| VEDL | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.8% | 0.9% | 2.4% |
| 30 Day | -6.2% | -2.8% | 2.5% |
| 90 Day | -9.6% | -9.3% | 3.6% |
| 1 Year | -22.4%-29.1% | -24.3%-27.4% | 10.3%8.0% |
| 3 Year | -7.3%-26.9% | 0.2%-11.1% | 22.3%16.0% |
| 5 Year | -20.4%-40.5% | 3.0%-14.1% | 42.8%29.3% |
Price Volatility Vs. Market
How volatile is Vedanta's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Vedanta Limited (NSE:VEDL) Has A ROE Of 12%3 weeks ago | Simply Wall St
Is Vedanta Limited (NSE:VEDL) Trading At A 34% Discount?1 month ago | Simply Wall St
Did Vedanta Limited (NSE:VEDL) Insiders Sell Shares?Valuation
Is Vedanta undervalued compared to its fair value and its price relative to the market?
34.7%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: VEDL (₹149.15) is trading below our estimate of fair value (₹228.53)
Significantly Below Fair Value: VEDL is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: VEDL is good value based on its PE Ratio (8x) compared to the Metals and Mining industry average (8.1x).
PE vs Market: VEDL is good value based on its PE Ratio (8x) compared to the Indian market (13x).
Price to Earnings Growth Ratio
PEG Ratio: VEDL is good value based on its PEG Ratio (0.7x)
Price to Book Ratio
PB vs Industry: VEDL is overvalued based on its PB Ratio (0.9x) compared to the IN Metals and Mining industry average (0.8x).
Next Steps
Future Growth
How is Vedanta forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?
11.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: VEDL's forecast earnings growth (11.6% per year) is above the savings rate (7.6%).
Earnings vs Market: VEDL's earnings (11.6% per year) are forecast to grow slower than the Indian market (18.4% per year).
High Growth Earnings: VEDL's earnings are forecast to grow, but not significantly.
Revenue vs Market: VEDL's revenue (6% per year) is forecast to grow slower than the Indian market (11.3% per year).
High Growth Revenue: VEDL's revenue (6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: VEDL's Return on Equity is forecast to be low in 3 years time (14.4%).
Next Steps
Past Performance
How has Vedanta performed over the past 5 years?
35.8%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: VEDL's earnings have grown significantly by 35.8% per year over the past 5 years.
Accelerating Growth: VEDL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: VEDL had negative earnings growth (-33.7%) over the past year, making it difficult to compare to the Metals and Mining industry average (15.1%).
Return on Equity
High ROE: VEDL's Return on Equity (12.1%) is considered low.
Return on Assets
ROA vs Industry: VEDL's Return on Assets is below or equal to the Metals and Mining industry average last year.
Return on Capital Employed
ROCE Improving: VEDL has significantly improved its Return on Capital Employed over the past 3 years.
Next Steps
Financial Health
How is Vedanta's financial position?
Financial Position Analysis
Short Term Liabilities: VEDL's short term assets (₹598.3B) do not cover its short term liabilities (₹766.4B)
Long Term Liabilities: VEDL's short term assets (598.3B) exceeds its long term liabilities (478.8B)
Debt to Equity History and Analysis
Debt Level: VEDL's debt to equity ratio (85.4%) is considered high
Reducing Debt: VEDL's debt to equity ratio has increased from 75.2% to 85.4% over the past 5 years.
Debt Coverage: VEDL's debt is well covered by operating cash flow (35.9%).
Interest Coverage: VEDL's interest payments on its debt are well covered by EBIT (3.9x coverage).
Balance Sheet
Inventory Level: VEDL has a high level of physical assets or inventory.
Debt Coverage by Assets: VEDL's debt is not covered by short term assets (assets are 0.9x debt).
Next Steps
Dividend
What is Vedanta's current dividend yield, its reliability and sustainability?
12.64%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: VEDL's dividend (12.64%) is higher than the bottom 25% of dividend payers in the Indian market (0.6%).
High Dividend: VEDL's dividend (12.64%) is in the top 25% of dividend payers in the Indian market (2.41%)
Stable Dividend: VEDL's dividend payments have been volatile in the past 10 years.
Growing Dividend: VEDL's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (101.4%), VEDL's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: VEDL's dividends in 3 years are forecast to be covered by earnings (64.7% payout ratio).
Next Steps
Management
What is the CEO of Vedanta's salary, the management and board of directors tenure and is there insider trading?
1.3yrs
Average management tenure
CEO
Venkat Venkatakrishnan (54yo)
0.6yrs
Tenure
Mr. Srinivasan Venkatakrishnan, also known as Venkat, B.Com, ACA (ICAI) has been Whole-Time Director and Chief Executive Officer of Vedanta Limited since March 1, 2019. Mr. Venkatakrishnan serves as Chief ...
Management Age and Tenure
1.3yrs
Average Tenure
51yo
Average Age
Experienced Management: VEDL's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Board Age and Tenure
2.7yrs
Average Tenure
63yo
Average Age
Experienced Board: VEDL's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Management Team
Venkat Venkatakrishnan (54yo)
CEO & Whole-Time Director
- Tenure: 0.6yrs
Navin Agarwal (58yo)
Executive Chairman
- Tenure: 5.5yrs
- Compensation: ₹307.08m
Lalita Afonso (56yo)
Assistant Vice President of Corporate Finance
- Tenure: 0yrs
- Compensation: ₹6.10m
Vivek Mishra (46yo)
Head of Iron Ore - Karnataka
- Tenure: 0yrs
- Compensation: ₹6.10m
Prerna Halwasiya
Company Secretary & Compliance Officer
- Tenure: 1.3yrs
- Compensation: ₹5.02m
G. R. Kumar (48yo)
CFO & Whole Time Director
- Tenure: 2.9yrs
- Compensation: ₹62.99m
Anup Agarwal (46yo)
Senior Vice President of Corporate Finance
- Tenure: 0yrs
- Compensation: ₹17.00m
Arun Arora (56yo)
Head of Corporate Communications
- Tenure: 1.8yrs
- Compensation: ₹14.20m
Aarti Raghavan
Vice President of Investor Relations
- Tenure: 0yrs
Madhu Srivastava (45yo)
Group Chief Human Resources Officer
- Tenure: 0.8yrs
Board Members
Anil Agarwal (67yo)
Chairman Emeritus
- Tenure: 5.5yrs
Venkat Venkatakrishnan (54yo)
CEO & Whole-Time Director
- Tenure: 0.6yrs
Lalita Gupte (71yo)
Independent Director
- Tenure: 5.6yrs
- Compensation: ₹8.60m
Tarun Jain (59yo)
Non-Executive Director
- Tenure: 5.5yrs
- Compensation: ₹219.93m
Aman Mehta (73yo)
Non-Executive Independent Director
- Tenure: 2.4yrs
- Compensation: ₹8.60m
Krishnamurthi Venkataramanan (75yo)
Non-Executive Independent Director
- Tenure: 2.5yrs
- Compensation: ₹8.15m
Navin Agarwal (58yo)
Executive Chairman
- Tenure: 5.5yrs
- Compensation: ₹307.08m
Priya Agarwal (30yo)
Non-Executive Director
- Tenure: 2.4yrs
- Compensation: ₹8.10m
G. R. Kumar (48yo)
CFO & Whole Time Director
- Tenure: 2.9yrs
- Compensation: ₹62.99m
Upendra Sinha (67yo)
Additional Non-Executive Independent Director
- Tenure: 1.6yrs
- Compensation: ₹8.40m
Company Information
Vedanta Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Vedanta Limited
- Ticker: VEDL
- Exchange: NSEI
- Founded: 1965
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: ₹556.255b
- Shares outstanding: 3.70b
- Website: https://www.vedantalimited.com
Number of Employees
Location
- Vedanta Limited
- Unit 103, Corporate Avenue
- 1st Floor, C wing
- Mumbai
- Maharashtra
- 400093
- India
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 500295 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | May 1998 |
| VEDL | NSEI (National Stock Exchange of India) | Yes | Equity Shares | IN | INR | May 1998 |
| VEDL | NYSE (New York Stock Exchange) | ADS EACH REPR 4 ORD SHS SPONS | US | USD | Sep 2013 | |
| 17SA | DB (Deutsche Boerse AG) | ADS EACH REPR 4 ORD SHS SPONS | DE | EUR | Sep 2013 |
Biography
Vedanta Limited operates as a diversified natural resources company in India. The company explores for, develops, produces, processes, and sells zinc, lead, silver, oil and gas, aluminum, power, iron ore, ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/22 12:49 |
| End of Day Share Price | 2019/10/22 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2019/03/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.