Vedanta Aluminium Metal Ltd
- Market cap
- ₹ 1,34,566 Cr.
- P/B
- 10.76x
- 52-week range
- 334 – 537
- Debt / equity
- 3.21
- Sector
- Non - Ferrous Metals
- Industry
- Aluminium
- Listed on
- NSE, BSE
About
Vedanta Aluminium Metal Limited is an India-based company engaged in production of aluminium. The Company supplies aluminium products and alloys, which find applications in sectors like aerospace, aviation, defence, transportation, electricity distribution, packaging and in sunrise sectors such as electric vehicles, renewable energy and others. Its operations include Alumina Refinery, Lanjigarh (Odisha), Aluminium Smelter, Jharsuguda (Odisha), Bharat Aluminium Company (BALCO), Korba (Chhattisgarh), and others. Its Alumina Refinery, Lanjigarh (Odisha), operates a five million tonnes per annum (MTPA) capacity alumina refinery and an associated 155 MW captive power plant. Its Aluminium Smelter, Jharsuguda (Odisha), operates an aluminium smelting capacity of 1.85 MTPA and an associated 3615 MW thermal power generation facility. Its product offerings include Restora Low Carbon Aluminium, Billets, Primary Foundry Alloy, Wire Rods, Flip Coils, P1O2O Ingots, Slabs, Rolled Product and others.
Quick check
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Compared with its industry
Aluminium: 18 companies →Vedanta Aluminium Metal Ltd against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Share price, 3 months−23.7% against a typical −5.7%.16th of 16
- Size₹ 1,34,566.3 Cr. market value against a typical ₹ 214.7 Cr. (1st = largest).2nd of 15
Latest announcements
Exchange filings and their impact on the company.
- Q2 PAT doubled on 40% revenue jump; strong cash flow cuts leverage despite Rs 3,539 cr bauxite dispute overhang.
Vedanta Aluminium reported Q2 FY27 consolidated revenue of Rs 22,324 crore, up 40% year-on-year, with EBITDA of Rs 10,192 crore and net profit of Rs 6,187 crore, more than double last year. For the half year, revenue was Rs 43,717 crore and profit was Rs 12,784 crore, while debt-equity improved to 0.97 times and the company paid Rs 8 per share dividend. The results include a Rs 485 crore exceptional charge for bauxite pricing and demerger stamp duty, and disclose a Rs 3,539 crore demand from Odisha Mining Corporation which the company has appealed to the Supreme Court.
- Granted 49.65 lakh stock options at Rs1 vesting in 3 years – negligible near-term dilution.
Vedanta Aluminium Metal's Nomination and Remuneration Committee on October 28, 2026 granted 49,65,124 performance-based stock options to eligible employees including KMPs under VAML ESOP 2026. Each option converts to one Rs1 share at an exercise price of Rs1, vesting after 36 months and exercisable within 8 months of vesting. With vesting 3 years away, the near-term effect is only a small annual ESOP accounting charge and minimal future dilution.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
High safety
Rated AA+ by CRISIL- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CRISIL | Crisil AA+ | Stable | 30 Sep 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 30 Sep 2026 | Reaffirmed | Crisil AA+ | — | CRISIL | ₹ 16,089 Cr. | |
| 16 Jul 2026 | Rating action | Crisil AA+ | — | CRISIL | ₹ 11,089 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 28 Oct 2026 | Financial Results | To consider and approve the financial results for the period ended September 30, 2026 |
| 30 Jul 2026 | Dividend | Pursuant to Regulation 29 of Listing Regulations and in continuation to our letter no. VAML/Sec./SE/26-27/16 dated July 24, 2026 intimating the date of Board Meeting to, inter-alia, consider and approve the financial results for the first quarter ended June 30, 2026, we hereby inform that the Board of Directors of the Company, at its meeting scheduled to be held on Thursday, July 30, 2026, shall also consider and approve the First Interim Dividend, if any, on the equity shares for the Financial Year 2026-27. |
Financials
Standalone figures in ₹ crore.
| ₹ Cr. | Jun 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|
| Sales | 14,654 | 19,124 | 21,393 |
| Expenses | 10,268 | 10,772 | 11,094 |
| Operating Profit | 4,386 | 8,352 | 10,299 |
| OPM % | 30% | 44% | 48% |
| Other Income | 208 | 47 | 309 |
| Interest | 1,000 | 922 | 1,001 |
| Depreciation | 701 | 751 | 775 |
| Profit before tax | 2,893 | 6,726 | 8,832 |
| Tax % | 25% | 26% | 25% |
| Net Profit | 2,162 | 4,958 | 6,597 |
| EPS in Rs | 1,78,100 | 4,20,700 | 14.39 |
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Peers
Listed companies in the same business.
| Vedanta Aluminium Metal Ltd | ₹ 348.55 | ₹ 1,34,566 Cr. | — | 10.8x | — | — |
| Hindustan Zinc | ₹ 496.00 | ₹ 2,09,576 Cr. | 15.9x | 9.7x | 76.9% | 33.9% |
| Hindalco Industries | ₹ 860.50 | ₹ 1,93,374 Cr. | 11.6x | 1.6x | 10.3% | 4.9% |
| Vedanta | ₹ 226.00 | ₹ 88,375 Cr. | 21.3x | 2x | 22.4% | 14.9% |
| NMDC | ₹ 66.30 | ₹ 58,290 Cr. | 9.8x | 2.2x | 23.4% | 23.1% |
| Hindustan Copper | ₹ 399.40 | ₹ 38,623 Cr. | 47.5x | 14.1x | 30.6% | 29.9% |
Management
- Rajesh Kumar
- Whole Time Director, Chief Executive Officer
- Anup Agarwal
- Chief Financial Officer
- Dashmeet Rana
- Company Secretary, Compliance Officer
Prices are delayed and for information only. Nothing on this page is investment advice.