VAML · NSE
Vedanta Aluminium Metal Limited
₹416.5
+3.02% (+₹12.2)
Prev. close
₹404.3
Volume
93,07,238
Delivery %
65.0%
As of
18 Sept 2026
Price history
Pankaj Pandey · ICICI Securities · 22 Aug 2026
“Bullish on Vedanta Aluminium Metal with a 1-year target price of ₹600, implying a 36% upside. The company is well-positioned to benefit from robust domestic aluminium demand, supported by capacity expansion to nearly 3 MTPA by FY28E and backward integration through its Lanjigarh alumina refinery and captive mines, which should reduce costs and improve efficiency.”
Analyst sentiment
Analysts lean bullish
1 analyst stance · last 90 days · one per analyst
Trackable
1 · 1 bull / 0 neutral / 0 bear
Long-Horizon
none in window
Commentary
none in window
Trackable = verdict-bearing calls · Long-Horizon = 1yr+ horizon, verdict pending · Commentary = context, not graded
Analyst opinions
| Call | Analyst | Instrument | Verdict | Actions | |||
|---|---|---|---|---|---|---|---|
| “Bullish on Vedanta Aluminium Metal with a 1-year target price of ₹600, implying a 36% upside. The company is well-positi…” | Pankaj PandeyICICI Securities | Vedanta Aluminium Metal | PENDING | ||||
“Bullish on Vedanta Aluminium Metal with a 1-year target price of ₹600, implying a 36% upside. The company is well-positioned to benefit from robust domestic aluminium demand, supported by capacity expansion to nearly 3 MTPA by FY28E and backward integration through its Lanjigarh alumina refinery and captive mines, which should reduce costs and improve efficiency.” This call hasn't reached its evaluation window yet — the verdict will appear here once it's graded. | |||||||
Fundamentals
About Vedanta Aluminium Metal Limited
Vedanta Aluminium Metal Limited engages in the production of metallurgical grade alumina and aluminium products. The company provides aluminium ingots, foundry alloys, billets, slabs, wire rods, flip coils, and rolled and other products products under the VEDANTAL brand name. It also operates an independent power plant with a capacity of 3015 megawatts. The company products are used in aerospace, aviation, defence, transportation, electricity distribution, packaging, and other sectors. Vedanta Aluminium Metal Limited was incorporated in 2023 and is based in New Delhi, India.
Details
Key stats
Market cap
₹1.60 L Cr
P/E ratio (TTM)
42.1
Dividend yield
3.91%
EPS (TTM)
₹9.74
Shares float
170.56 Cr
EPS · quarter ended Jun 2026
₹14.39
Financial Performance
01 · Financials
02 · Earnings Per Share (EPS)
03 · Dividend Profile
Growth compares completed fiscal-year dividend totals on the company's own calendar: April–March (Indian FY), taken from its reported period-ends. Payout ledger: NSE corporate actions.
05 · Capital Structure & Asset Utilization
Pre-FY23 not filed in verifiable form
Debt/equity omitted where reported equity was zero or negative. Asset turnover needs a prior year of assets — omitted for the earliest available year.
06 · Asset Base Composition
Pre-FY23 not filed in verifiable form
07 · Debt Level & Coverage
Pre-FY23 not filed in verifiable form
08 · Profit & Loss
Annual
| Line item | FY24 | FY25 | FY26 |
|---|---|---|---|
| ₹0 | ₹0 | ₹0 | |
| EBITDA | ₹-90,000 | ₹-2.42 L | ₹-3.01 L |
| ₹-1.90 L | ₹-2.85 L | ₹-3.66 L | |
| Diluted EPS | ₹-0 | ₹-0 | ₹-0 |
Total expenses (as filed), Employee benefit expense, Other expenses, Interest expense, Other income have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.
09 · Balance Sheet
Annual
| Line item | FY24 | FY25 | FY26 |
|---|---|---|---|
| ₹1.18 L | ₹1.46 L | ₹1.90 L | |
| — | ₹3.89 L | ₹6.23 L | |
| Stockholders' equity | ₹-90,000 | ₹-3.75 L | ₹-7.41 L |
Inventory, CWIP, Others, Total debt, Long-term debt, Current (short-term) debt have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.
Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.
10 · Cash Flow Statement
Annual
| Line item | FY24 | FY25 | FY26 |
|---|---|---|---|
| ₹0 | ₹-4.13 L | ₹-2.43 L | |
| Investing cash flow | ₹0 | ₹0 | ₹0 |
| ₹1.00 L | ₹3.89 L | ₹2.34 L | |
| End cash position | ₹1.00 L | ₹76,000 | ₹67,000 |
Debt repaid, Dividends paid have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.
Annual only — the data source has no quarterly cash-flow-statement coverage.
11 · Shareholding Pattern
NSE, quarterly
| Line item | Jun 26–Jun 26(2Q) |
|---|---|
| Promoter | 56.38% |
| Public | 43.46% |
| Employee trusts | 0.16% |
Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.
12 · Peer Comparison
Basic Materials
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| UltraTech Cement Limited | ₹3.17 L Cr | ₹11,014 | 36.9 | 4.13 | 10.7% | 0.31 | +16.6% | -12.8% |
| JSW Steel Limited | ₹3.06 L Cr | ₹1,275.6 | 12.4 | 3.06 | 22.3% | 1.19 | +9.3% | +13.8% |
| Hindustan Zinc Limited | ₹2.42 L Cr | ₹596 | 14.2 | 10.69 | 61.1% | 0.39 | +18.6% | +31.0% |
| Asian Paints Limited | ₹2.35 L Cr | ₹2,451.3 | 49.3 | 11.01 | 20.2% | 0.18 | +5.1% | -1.1% |
| Tata Steel Limited | ₹2.28 L Cr | ₹187.29 | 20.7 | 2.23 | 10.6% | 0.90 | +6.2% | +9.3% |
| Hindalco Industries Limited | ₹2.18 L Cr | ₹986.5 | 13.3 | 1.59 | 9.8% | 0.73 | +15.0% | +31.5% |
| Grasim Industries Limited | ₹2.15 L Cr | ₹3,209.2 | 37.9 | 2.08 | 4.8% | 2.20 | +18.2% | +11.5% |
| Solar Industries India Limited | ₹1.71 L Cr | ₹18,815 | 86.1 | 27.25 | 26.7% | 0.29 | +30.6% | +27.0% |
| Vedanta Aluminium Metal Limited | ₹1.60 L Cr | ₹416.5 | 42.1 | — | — | — | — | — |
| Pidilite Industries Limited | ₹1.58 L Cr | ₹1,572.1 | 59.8 | 14.58 | 22.6% | 0.04 | +11.1% | -48.5% |
| JINDAL STEEL LIMITED | ₹1.11 L Cr | ₹1,103 | 41.1 | 2.19 | 6.6% | 0.44 | +5.5% | +4.7% |
| Lloyds Metals And Energy Limited | ₹1.02 L Cr | ₹1,799.3 | 21.1 | 7.35 | 26.5% | 1.49 | +153.9% | +34.2% |
Ranked by market cap within Basic Materials, same metrics as the Fundamentals screener. Click a column to sort.
Documents
Concall transcripts
Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.
Vedanta Aluminium shares could rise 31% as Kotak Neo sees tighter aluminium market supporting earnings
AL Circle · 6 hours ago
Nalco, Vedanta Aluminium, To Hindalco: Metal Stocks Crash Continues! Brokerage Says 'Sell Aluminium Names'
Vedanta Aluminium and other metal stocks experienced a continued decline, with Vedanta Aluminium shares down 4.13%. This weakness follows a steep correction in aluminum prices, prompting a brokerage to advise selling aluminum names. Experts are divided on the non-ferrous segment, with some analysts pointing to significant downside risk for pure aluminum stocks.