Vedanta Aluminium Metal Q2 FY27 Share Price & Earnings Call Analysis

₹360.10+1.02% today
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

#4of 8 in
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.

2 more points from Vedanta Aluminium Metal's call on revenue

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Full Q2 FY27 analysis

MarginsQ2 FY27 call

Flat

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Full Q2 FY27 analysis

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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Full Q2 FY27 analysis

FundraisingQ2 FY27 call

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Full Q2 FY27 analysis

Order bookQ2 FY27 call

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Full Q2 FY27 analysis

Ranges 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

  1. Hindustan ZincGood growth
    2
  2. Dec.Gold MinesGood growth
    1
  3. Hindalco Inds.Good growth
    3

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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

#CompanyRevenue guidedMargin guidedMarket capP/E
1Dec.Gold Mines20–40%Up 0–2%₹3,217 Cr—
2Hindustan Zinc20–40%Flat₹2.14L Cr10.4
3Hindalco Inds.20–40%Flat₹1.99L Cr9.6
4Vedanta Aluminium MetalThis stock20–40%Flat₹1.39L Cr9.3
520–40%Flat₹57,846 Cr8.6
620–40%Flat₹487 Cr17.6

Sign up free to see every company in the sector ranking and track Vedanta Aluminium Metal.

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Vedanta Aluminium Metal announcements

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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 2026Sep 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 Shareholders21,15,85620,49,388

Pros & Cons

Vedanta Aluminium Metal

Key positives and risks surfaced from the company insights section.

Pros
  • Stock is trading at 6.05 times its book value
Raw Insights
  • Stock is trading at 6.05 times its book value

Financials of Vedanta Aluminium Metal

Quarterly Results

Quarter-by-quarter operating performance

Jun 2025Sep 2025Mar 2026Jun 2026Sep 2026
Sales +14,65415,94319,12421,39322,324
Expenses +10,26810,39910,77211,09412,211
Operating Profit4,3865,5448,35210,29910,113
OPM %30%35%44%48%45%
Other Income +20813747309-16
Interest1,0009499221,001911
Depreciation701699751775802
Profit before tax2,8934,0336,7268,8328,384
Tax %25%25%26%25%26%
Net Profit +2,1623,0124,9586,5976,187
EPS in Rs178,100.00237,300.00420,700.0014.3913.21

Financials of Vedanta Aluminium Metal

Profit & Loss

Annual income statement trend

Mar 2026
Sales +66,891
Expenses +41,728
Operating Profit25,163
OPM %38%
Other Income +693
Interest3,905
Depreciation2,890
Profit before tax19,061
Tax %26%
Net Profit +14,153
EPS in Rs1,181,900.00
Dividend Payout %0%

Financials of Vedanta Aluminium Metal

Balance Sheet

Capital structure and asset base

Mar 2026Sep 2026
Equity Capital0.00391
Reserves13,49422,665
Borrowings +37,78732,849
Other Liabilities +35,13833,836
Total Liabilities86,41989,741
Fixed Assets +56,22257,700
CWIP9,3198,631
Investments3,4464,427
Other Assets +17,43218,983
Total Assets86,41989,741

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 Days13
Inventory Days121
Days Payable61
Cash Conversion Cycle74
Working Capital Days-80
ROCE %

What Vedanta Aluminium Metal's management said in earlier quarters

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