Vedanta Aluminium Metal Q2 FY27 Share Price & Earnings Call Analysis
- Market cap
- ₹1.41L Cr
- P/E
- 9.41
- ROE
- 88.78%
- Price to sales
- 2.10
- Debt to equity
- 1.42
- EBITDA margin
- 37.62%
- Net profit margin
- 21.45%
- Promoter holding
- 56.38%
- Sales (last year)
- ₹66,891 Cr
Guidance scorecard · Q2 FY27 call
What Vedanta Aluminium Metal's management guided
and where it ranks in Non - Ferrous Metals
Non - Ferrous Metals
RevenueQ2 FY27 call
20–40%- Vedanta Aluminium plans a 3% to 5% volume increase each quarter going forward.
- Aluminium production target is 3 million tons, with ramp-up at BALCO Potline 3 expected to reach full capacity by year-end.
- Alumina production aims to reach more than 1 million tons in the next quarter and 5 million tons capacity in medium term.
- Value-added products are targeted to comprise over 90% of the product mix, increasing realizations and domestic sales.
- Domestic market demand is expected to grow robustly, driven by power, transportation, and lightweighting segments.
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MarginsQ2 FY27 call
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CapexQ2 FY27 call
Planned- Vedanta Aluminium plans a greenfield aluminium expansion of 3 million tons and a refinery of 6 million tons, with land acquisition in advanced stages for Kamakhyanagar (smelter) and Kalyansingpur (refinery).
- Estimated capex for aluminium smelter expansion is around $2,100 per ton of capacity, similar to the BALCO project.
- Additional capex will be required for power and refinery units, with exploration of various funding options, including power business involvement.
- Capex will be phased, with rapid execution expected once land acquisition and approvals are complete.
- Current projects like BALCO are being ramped up, targeting 435 KTPA run rate by March exit.
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FundraisingQ2 FY27 call
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Order bookQ2 FY27 call
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Full Q2 FY27 analysisRanges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.
Potential multibaggers · Q2 FY27
Potential multibaggers in Non - Ferrous Metals
on management's own guidance
- Hindustan ZincGood growth2
- Dec.Gold MinesGood growth1
- Hindalco Inds.Good growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Peers
Non - Ferrous Metals companies ranked on guidance
| # | Company | Revenue guided | Margin guided | Market cap | P/E |
|---|---|---|---|---|---|
| 1 | Dec.Gold Mines | 20–40% | Up 0–2% | ₹3,217 Cr | — |
| 2 | Hindustan Zinc | 20–40% | Flat | ₹2.14L Cr | 10.4 |
| 3 | Hindalco Inds. | 20–40% | Flat | ₹1.99L Cr | 9.6 |
| 4 | Vedanta Aluminium MetalThis stock | 20–40% | Flat | ₹1.39L Cr | 9.3 |
| 5 | 20–40% | Flat | ₹57,846 Cr | 8.6 | |
| 6 | 20–40% | Flat | ₹487 Cr | 17.6 |
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Pro shows every company guiding 40%+ revenue growth →Full Non - Ferrous Metals rankingVedanta Aluminium Metal announcements
All announcements →- Capex / expansionNotableVedanta Aluminium Metal Limited reports Q2 FY27 production results ending Sept 30, 2026
Financials of Vedanta Aluminium Metal
Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Shareholder Pattern
Vedanta Aluminium Metal
Shareholding breakup across reporting periods.
| Jun 2026 | Sep 2026 | |
|---|---|---|
| Promoters + | 56.38% | 56.38% |
| FIIs + | 12.55% | 11.04% |
| DIIs + | 13.90% | 15.35% |
| Government + | 0.07% | 0.07% |
| Public + | 16.93% | 17.00% |
| Others + | 0.16% | 0.16% |
| No. of Shareholders | 21,15,856 | 20,49,388 |
Pros & Cons
Vedanta Aluminium Metal
Key positives and risks surfaced from the company insights section.
- Stock is trading at 6.05 times its book value
- Stock is trading at 6.05 times its book value
Financials of Vedanta Aluminium Metal
Quarterly Results
Quarter-by-quarter operating performance
| Jun 2025 | Sep 2025 | Mar 2026 | Jun 2026 | Sep 2026 | |
|---|---|---|---|---|---|
| Sales + | 14,654 | 15,943 | 19,124 | 21,393 | 22,324 |
| Expenses + | 10,268 | 10,399 | 10,772 | 11,094 | 12,211 |
| Operating Profit | 4,386 | 5,544 | 8,352 | 10,299 | 10,113 |
| OPM % | 30% | 35% | 44% | 48% | 45% |
| Other Income + | 208 | 137 | 47 | 309 | -16 |
| Interest | 1,000 | 949 | 922 | 1,001 | 911 |
| Depreciation | 701 | 699 | 751 | 775 | 802 |
| Profit before tax | 2,893 | 4,033 | 6,726 | 8,832 | 8,384 |
| Tax % | 25% | 25% | 26% | 25% | 26% |
| Net Profit + | 2,162 | 3,012 | 4,958 | 6,597 | 6,187 |
| EPS in Rs | 178,100.00 | 237,300.00 | 420,700.00 | 14.39 | 13.21 |
Financials of Vedanta Aluminium Metal
Profit & Loss
Annual income statement trend
| Mar 2026 | |
|---|---|
| Sales + | 66,891 |
| Expenses + | 41,728 |
| Operating Profit | 25,163 |
| OPM % | 38% |
| Other Income + | 693 |
| Interest | 3,905 |
| Depreciation | 2,890 |
| Profit before tax | 19,061 |
| Tax % | 26% |
| Net Profit + | 14,153 |
| EPS in Rs | 1,181,900.00 |
| Dividend Payout % | 0% |
Financials of Vedanta Aluminium Metal
Balance Sheet
Capital structure and asset base
| Mar 2026 | Sep 2026 | |
|---|---|---|
| Equity Capital | 0.00 | 391 |
| Reserves | 13,494 | 22,665 |
| Borrowings + | 37,787 | 32,849 |
| Other Liabilities + | 35,138 | 33,836 |
| Total Liabilities | 86,419 | 89,741 |
| Fixed Assets + | 56,222 | 57,700 |
| CWIP | 9,319 | 8,631 |
| Investments | 3,446 | 4,427 |
| Other Assets + | 17,432 | 18,983 |
| Total Assets | 86,419 | 89,741 |
Financials of Vedanta Aluminium Metal
Cash Flows
Operating, investing and financing cash movement
| Mar 2026 | |
|---|---|
| Cash from Operating Activity + | |
| Cash from Investing Activity + | |
| Cash from Financing Activity + | |
| Net Cash Flow | |
| Free Cash Flow | |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit |
Financials of Vedanta Aluminium Metal
Ratios
Working capital efficiency and return ratios
| Mar 2026 | |
|---|---|
| Debtor Days | 13 |
| Inventory Days | 121 |
| Days Payable | 61 |
| Cash Conversion Cycle | 74 |
| Working Capital Days | -80 |
| ROCE % |
Continue your research
What Vedanta Aluminium Metal's management said in earlier quarters
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