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Non-Energy Minerals

Vedanta Ltd.

Business Summary

Vedanta Ltd. is a natural resource company, which engages in the exploration, extraction, and processing of minerals, oil, and gas properties. It operates through the following segments: Copper, Aluminum, Iron Ore, Power, and Oil and Gas. The Copper segment focuses in custom smelting and also include a copper smelter, a refinery, a phosphoric acid plant, a sulphuric acid plant, a copper rod plant, and three captive power plants. The Aluminum segment comprises refinery and a captive power plant at Lanjigarh and a smelter, a thermal coal based captive power facility at Jharsuguda both situated in the State of Odisha in India. The Iron Ore segment explores, mines, and processes iron ore, pig iron, and metallurgical coke. The Power segment consists 600 MW thermal coal-based commercial power facility at Jharsuguda in the State of Odisha in Eastern India. The Oil and Gas segment involves in the exploration and development and production of oil and gas. The company was founded by Anil Kumar Agarwal on June 25, 1965 and is headquartered in Panaji, India.

Financial Highlights

Mar 2019 INRUSD
Revenue915,900M13,095.00M
Gross Profit238,330M3,407.50M
Operating income152,780M2,184.35M
Income before tax135,600M1,938.72M
Net income70,650M1,010.11M
EBITDA235,720M3,370.18M
Diluted EPS18.980.27
Dividends Per Share18.850.26
Total Assets2,020.43B29,165.35M
Total liabilities1,201.10B17,338.14M
Total equity622,970M8,992.70M
Operating cash flow186,590M2,667.75M
Currency in INRCurrency in USD

Historical Data

 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 701,923.10M 613,025.50M 700,190M 914,480M 915,900M
Gross Profit 190,586.50M 98,767.80M 186,880M 253,590M 238,330M
Operating income 154,978.30M 66,103.90M 149,560M 184,220M 152,780M
Income before tax -99,251.20M -285,401.70M 136,520M 195,690M 135,600M
Net income -156,457.70M -122,704.70M 69,580M 103,420M 70,650M
EBITDA 226,569.90M 151,828.30M 212,590M 248,010M 235,720M
Diluted EPS -52.77 -41.38 23.46 28.24 18.98
Dividends Per Share 4.10 3.50 19.45 21.20 18.85
Total Assets 1,902.82B 1,952.31B 1,990.30B 1,845.85B 2,020.43B
Total liabilities 1,008.77B 1,104.35B 1,204.44B 1,010.95B 1,201.10B
Total equity 538,752.70M 440,391.70M 605,000M 632,260M 622,970M
Operating cash flow 130,741.40M 156,350.50M 130,780M 137,750M 186,590M
 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 11,479.93M 9,363.33M 10,441.70M 14,185.45M 13,095.00M
Gross Profit 3,117.03M 1,508.57M 2,786.88M 3,933.69M 3,407.50M
Operating income 2,534.66M 1,009.66M 2,230.33M 2,857.62M 2,184.35M
Income before tax -1,623.25M -4,359.21M 2,035.87M 3,035.55M 1,938.72M
Net income -2,558.86M -1,874.18M 1,037.62M 1,604.25M 1,010.11M
EBITDA 3,705.54M 2,319.02M 3,170.28M 3,847.14M 3,370.18M
Diluted EPS -0.86 -0.63 0.34 0.43 0.27
Dividends Per Share 0.06 0.05 0.29 0.32 0.26
Total Assets 30,405.65M 29,481.08M 30,650.65M 28,301.16M 29,165.35M
Total liabilities 16,119.43M 16,676.45M 18,548.39M 15,500.21M 17,338.14M
Total equity 8,608.85M 6,650.18M 9,317.00M 9,694.01M 8,992.70M
Operating cash flow 2,138.27M 2,388.09M 1,950.27M 2,136.78M 2,667.75M

Valuation Measures

Mar 2019
PER9.63
ROA3.65%
ROE11.25%
Operating margin16.68%
Profit margin7.71%

Key executives

  • Chief Executive Officer & Director: Srinivasan Venkatakrishnan
  • Chief Financial Officer & Director: G. R. Arun Kumar
  • Secretary & Compliance Officer: Prerna Halwasiya
  • Senior Vice President & Head-Taxation: Pallavi Joshi Bakhru
  • Group Director-Projects: Mansoor Siddiqi

Shareholders

  • Volcan Investments Ltd. (50.1%)
  • Life Insurance Corp. of India (6.3%)
  • ICICI Prudential Asset Management Co. Ltd. (5.1%)
  • HDFC Asset Management Co. Ltd. (Invt Mgmt) (2.5%)
  • The Vanguard Group, Inc. (1.5%)
  • BlackRock Fund Advisors (1.4%)
  • Ptc Cables Pvt Ltd. (1.1%)
  • Dimensional Fund Advisors LP (1.1%)
  • UTI Asset Management Co. Ltd. (Investment Management) (1.0%)
  • SBI Funds Management Pvt Ltd. (0.9%)

Contact Details

  • Website:http://www.vedantalimited.com
  • Address: 1st Floor, C Wing, Unit 103, Corporate Avenue, Atul Projects, Mumbai, 400093, India
  • Phone: +91.22.66434500

Related Companies

  • Vedanta Star Ltd.
  • Cairn India Holdings Ltd.
  • Vizag General Cargo Berth Pvt Ltd.
  • Talwandi Sabo Power Ltd.
  • Phillips Carbon Black Ltd
  • Bharat Aluminium Co. Ltd.
  • Hindustan Zinc Limited

Competitors

  • National Aluminium Co. Ltd.
  • Rio Tinto Limited
  • Rio Tinto plc
  • Hindalco Industries Limited
  • Vale S.A.
  • BHP Group Ltd
  • BHP Group Plc
  • Oil & Natural Gas Corp. Ltd.
  • Hindustan Copper Ltd
  • NMDC Limited
  • Fortescue Metals Group Ltd
  • Reliance Industries Limited
  • MMTC Limited
  • South32 Ltd.
  • NorZinc Ltd.
  • United Co. RUSAL Plc
  • Alba Mineral Resources plc
  • New Century Resources Limited
  • Alumina Limited
  • SolGold Plc
  • Josemaria Resources Inc.
  • Tharisa Plc
Last Updated on 19 Sep, 2019

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