Vedanta Limited

NSEI:VEDL Stock Report

Market Cap: ₹1.0t

Vedanta Valuation

Is VEDL undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of VEDL when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: VEDL (₹263.7) is trading below our estimate of future cash flow value (₹397.35)

Significantly Below Future Cash Flow Value: VEDL is trading below future cash flow value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for VEDL?

Key metric: As VEDL is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for VEDL. This is calculated by dividing VEDL's market cap by their current earnings.
What is VEDL's PE Ratio?
PE Ratio15.2x
Earnings₹67.94b
Market Cap₹1.03t

Price to Earnings Ratio vs Peers

How does VEDL's PE Ratio compare to its peers?

The above table shows the PE ratio for VEDL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average21.8x
500188 Hindustan Zinc
14.3x3.11%₹2.4t
JAINREC Jain Resource Recycling
29x19.81%₹98.2b
GRAVITA Gravita India
31x19.43%₹121.5b
ASHAPURMIN Ashapura Minechem
12.7xn/a₹51.9b
VEDL Vedanta
15.2x17.52%₹1.0t

Price-To-Earnings vs Peers: VEDL is good value based on its Price-To-Earnings Ratio (15.2x) compared to the peer average (21.8x).

Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Earnings Ratio vs Industry

How does VEDL's PE Ratio compare vs other companies in the IN Metals and Mining Industry?

5 CompaniesPrice / EarningsEstimated GrowthMarket Cap
VISACHROME VISA Chrome
0.5xn/aUS$53.34m
513436 Shah Alloys
1.7xn/aUS$19.14m
513401 Ashiana Ispat
0.5xn/aUS$1.46m
526093 Sathavahana Ispat
0.1xn/aUS$1.41m
VEDL 15.2xIndustry Avg. 20.4xNo. of Companies35PE01224364860+
5 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: VEDL is good value based on its Price-To-Earnings Ratio (15.2x) compared to the Indian Metals and Mining industry average (20.4x).

Price to Earnings Ratio vs Fair Ratio

What is VEDL's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

VEDL PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio15.2x
Fair PE Ratio37.4x

Price-To-Earnings vs Fair Ratio: VEDL is good value based on its Price-To-Earnings Ratio (15.2x) compared to the estimated Fair Price-To-Earnings Ratio (37.4x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst VEDL forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹263.70
₹314.89
+19.41%
10.85%₹350.00₹235.00n/a9
Sep ’27₹274.00
₹314.89
+14.92%
10.85%₹350.00₹235.00n/a9
Aug ’27₹264.25
₹314.89
+19.16%
10.85%₹350.00₹235.00n/a9
Jul ’27₹275.55
₹317.00
+15.04%
8.27%₹350.00₹265.00n/a6
Jun ’27₹337.15
₹308.25
-8.57%
8.47%₹335.00₹265.00n/a4
May ’27₹271.55
₹863.86
+218.12%
7.86%₹1,000.00₹729.00n/a14
Apr ’27₹677.20
₹808.77
+19.43%
13.52%₹930.00₹510.00n/a13
Mar ’27₹718.40
₹808.77
+12.58%
13.52%₹930.00₹510.00n/a13
Feb ’27₹655.15
₹763.92
+16.60%
19.68%₹930.00₹480.00n/a13
Jan ’27₹602.65
₹575.46
-4.51%
10.49%₹686.00₹480.00n/a13
Dec ’26₹533.30
₹563.54
+5.67%
9.48%₹686.00₹480.00n/a13
Nov ’26₹493.55
₹526.00
+6.57%
11.90%₹686.00₹450.00n/a13
Oct ’26₹464.85
₹500.64
+7.70%
7.67%₹601.00₹450.00n/a14
Sep ’26₹431.00
₹504.87
+17.14%
7.84%₹601.00₹450.00₹274.0015
Aug ’26₹424.45
₹509.07
+19.94%
7.73%₹601.00₹450.00₹264.2515
Jul ’26₹465.90
₹509.87
+9.44%
8.98%₹607.00₹435.00₹275.5515
Jun ’26₹435.55
₹507.73
+16.57%
9.15%₹607.00₹435.00₹337.1515
May ’26₹419.20
₹520.13
+24.08%
9.28%₹607.00₹445.00₹271.5515
Apr ’26₹457.40
₹530.20
+15.92%
9.93%₹663.00₹465.00₹677.2015
Mar ’26₹394.75
₹527.81
+33.71%
9.87%₹663.00₹465.00₹718.4016
Feb ’26₹439.90
₹528.81
+20.21%
9.81%₹663.00₹465.00₹655.1516
Jan ’26₹444.45
₹524.50
+18.01%
10.88%₹663.00₹430.00₹602.6516
Dec ’25₹453.50
₹524.50
+15.66%
10.88%₹663.00₹430.00₹533.3016
Nov ’25₹467.35
₹510.13
+9.15%
12.19%₹608.00₹390.00₹493.5516
Oct ’25₹516.15
₹479.79
-7.05%
12.18%₹608.00₹390.00₹464.8514
Sep ’25₹468.45
₹479.79
+2.42%
12.18%₹608.00₹390.00₹431.0014
₹314.89
Fair Value
16.3% undervalued intrinsic discount
9
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/13 12:43
End of Day Share Price 2026/09/11 00:00
Earnings2026/06/30
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Vedanta Limited is covered by 43 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Parin Tanna360 ONE Capital Market Private Limited
Rajesh ZawarAnand Rathi Shares and Stock Brokers Limited
null nullAnand Rathi Shares and Stock Brokers Limited