Vedanta Iron & Steel Q2 FY27 Share Price & Earnings Call Analysis

₹26.00+0.50% today
Market cap
₹10,167 Cr
Price to sales
0.74
Debt to equity
0.80
52W high / low
₹44.8 / ₹19.1
EBITDA margin
8.29%
Net profit margin
-14.70%
Promoter holding
56.38%
Sales (last year)
₹13,587 Cr

Vedanta Iron & Steel Ltd is a mining and steel-producing company demerged from the Vedanta Group. It operates primarily across India and Africa, producing iron ore, wire rods, TMT bars, pig iron, ductile iron pipes, and metallurgical coke.[1]

Potential multibaggers · Q2 FY27

Potential multibaggers in Ferrous Metals
on management's own guidance

  1. Jindal SteelGood growth
    2
  2. Strong growth
    1
  3. Indian MetalsGood growth
    3

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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Peers

Ferrous Metals companies ranked on guidance

#CompanyRevenue guidedMargin guidedMarket capP/E
140%+Up 2%+₹52 Cr8.3
2Jindal Steel20–40%Flat₹1.08L Cr33.6
3Indian Metals20–40%Flat₹5,888 Cr11.2
420–40%Flat₹5,614 Cr38.4
510–20%Up 0–2%₹7,209 Cr18.2
610–20%Flat₹3.05L Cr19.4

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Financials of Vedanta Iron & Steel

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Shareholder Pattern

Vedanta Iron & Steel

Shareholding breakup across reporting periods.

Jun 2026Sep 2026
Promoters +56.38%56.38%
FIIs +5.38%4.11%
DIIs +12.09%9.24%
Government +0.06%0.06%
Public +25.92%30.03%
Others +0.16%0.16%
No. of Shareholders22,84,22822,80,123

Pros & Cons

Vedanta Iron & Steel

Key positives and risks surfaced from the company insights section.

Pros
  • Company has low interest coverage ratio.
  • Company's cost of borrowing seems high
Raw Insights
  • Company has low interest coverage ratio.
  • Company's cost of borrowing seems high

Financials of Vedanta Iron & Steel

Quarterly Results

Quarter-by-quarter operating performance

Jun 2025Sep 2025Mar 2026Jun 2026Sep 2026
Sales +3,0952,8583,8633,6622,788
Expenses +2,7682,8233,3103,1542,740
Operating Profit3273555350848
OPM %11%1.2%14%14%1.7%
Other Income +267174-1,2899930
Interest461431440207171
Depreciation199204212225218
Profit before tax-66-426-1,388175-311
Tax %120%12%40%31%4%
Net Profit +-145-477-1,939121-324
EPS in Rs-14,200.00-46,500.00-191,300.000.31-0.80

Financials of Vedanta Iron & Steel

Profit & Loss

Annual income statement trend

Mar 2026
Sales +13,587
Expenses +12,460
Operating Profit1,127
OPM %8%
Other Income +-672
Interest1,816
Depreciation801
Profit before tax-2,162
Tax %36%
Net Profit +-2,935
EPS in Rs-288,200.00
Dividend Payout %0%

Financials of Vedanta Iron & Steel

Balance Sheet

Capital structure and asset base

Mar 2026Sep 2026
Equity Capital0.00391
Reserves-6,6745,452
Borrowings +15,2174,663
Other Liabilities +10,8496,702
Total Liabilities19,39217,208
Fixed Assets +7,2496,994
CWIP3,1233,406
Investments32788
Other Assets +8,6936,720
Total Assets19,39217,208

Financials of Vedanta Iron & Steel

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 Iron & Steel

Ratios

Working capital efficiency and return ratios

Mar 2026
Debtor Days8
Inventory Days103
Days Payable178
Cash Conversion Cycle-67
Working Capital Days-466
ROCE %

What Vedanta Iron & Steel's management said in earlier quarters

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