Mining company Vedanta (NSE: VEDL) has announced that it will invest around 50000 Crore in various sectors, such as zinc, aluminum and iron ore, steel along with oil and natural gas.
The PTI report quoted company officials as saying that Vedanta aims to increase annual EBITDA to a minimum of Rs 20,750 crore.
The company disclosed an ongoing pipeline of more than 50 projects in development and expansions that are aimed at increasing growth.
These initiatives are expected to generate incremental revenue of more than $6 billion.
Additionally, they estimate that EBITDA will grow from an estimated $5 billion, in the current fiscal year ending March 31, to $6 billion in the next fiscal year and potentially rise to $7.5 billion by fiscal 2027.
During the meeting, Vedanta’s Chairman said that the company is ready to touch new heights in the next 25 years.
Vice Chair Naveen Aggarwal gave a detailed explanation of the company’s strategy at the time of the presentation.
Company Detail
Anil Agarwal’s Vedanta Limited holds a portfolio of assets between two companies, Indian and Global.
Its holdings comprise projects for oil and gas in addition to minerals and metals like lead, zinc, silver aluminum, chromium, nickel, and copper.
The power sector includes steel and iron ore production, in addition to access to renewable energy and coal sources.
Additionally, the company has been pursuing newer areas, such as semiconductor manufacturing and production of display glass.
About Vedanta
Vedanta Ltd. is a company that deals in natural resources that focuses on mining, exploration, and processing of oil, minerals, or gas-related properties.
It is a company that operates in four segments: Copper Aluminum, Iron Ore, Power as well as Oil and Gas.
The segment for Copper concentrates on custom smelting and includes a copper smelter refinery, a phosphoric acid plant sulfuric acid plant as well as a copper rod facility, and three captive power plants.
This segment consists of a refinery as well as an electric power plant that is captive at Lanjigarh as well as a smelter. an energy-based thermal coal captive power facility in Jharsuguda located inside Odisha, a State of Odisha in India.
This Iron Ore segment explores, mines, and refines iron ore, pig iron, and coke that is metallurgical.
The Power section is comprised of 600 MW of thermal commercial power facility based on coal located at Jharsuguda within Odisha, a State of Odisha in Eastern India.
The Oil and Gas segment is involved in the development, exploration, and extraction of gas, and oil.
This company was established on the initiative of Anil Kumar Agarwal, who was born on the 25th of June 25, 1965. It is located in Panaji, India.
Fundamental Analysis of Vedanta Limited
| Market Cap | ₹ 1,00,773 Cr. |
| Current Price | ₹ 271 |
| 52-wk High | ₹ 301 |
| 52-wk Low | ₹ 208 |
| Stock P/E | 20.2 |
| Book Value | ₹ 85.0 |
| Dividend | 37.4 % |
| ROCE | 21.2 % |
| ROE | 20.4 % |
| Face Value | ₹ 1.00 |
| P/B Value | 3.19 |
| OPM | 24.6 % |
| EPS | ₹ 12.8 |
| Debt | ₹ 75,064 Cr. |
| Debt to Equity | 2.38 |
Vedanta Share Price Target 2024 To 2030
| Year | 1st Target | 2nd Target |
| 2024 | ₹ 312 | ₹ 395 |
| 2025 | ₹ 440 | ₹ 520 |
| 2026 | ₹ 585 | ₹ 632 |
| 2027 | ₹ 700 | ₹ 742 |
| 2028 | ₹ 800 | ₹ 841 |
| 2029 | ₹ 890 | ₹ 940 |
| 2030 | ₹ 1025 | ₹ 1124 |
Vedanta Limited Shareholding Pattern
| Promoters Holding | |
| Dec 2022 | 69.68% |
| Mar 2023 | 68.11% |
| June 2023 | 68.11% |
| Sept 2023 | 63.71% |
| Dec 2023 | 63.71% |
| FII Holding | |
| Dec 2022 | 7.90% |
| Mar 2023 | 7.89% |
| June 2023 | 7.48% |
| Sept 2023 | 7.82% |
| Dec 2023 | 7.74% |
| DII Holding | |
| Dec 2022 | 11.05% |
| Mar 2023 | 10.20% |
| June 2023 | 9.98% |
| Sept 2023 | 10.59% |
| Dec 2023 | 11.19% |
| Govt. Holding | |
| Dec 2022 | 0.07% |
| Mar 2023 | 0.07% |
| June 2023 | 0.07% |
| Sept 2023 | 0.07% |
| Dec 2023 | 0.07% |
| Public Holding | |
| Dec 2022 | 11.07% |
| Mar 2023 | 13.63% |
| June 2023 | 14.29% |
| Sept 2023 | 17.74% |
| Dec 2023 | 17.23% |
| Others Holding | |
| Dec 2022 | 0.22% |
| Mar 2023 | 0.11% |
| June 2023 | 0.08% |
| Sept 2023 | 0.08% |
| Dec 2023 | 0.06% |
Vedanta Limited Share: Last 5 Years’ Financial Condition
To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years.
However, investors should be aware of the risks and the market conditions before making any investment decision.
Last 5 Years’ Sales:
| 2019 | ₹ 92,048 Cr |
| 2020 | ₹ 84,447 Cr |
| 2021 | ₹ 88,021 Cr |
| 2022 | ₹ 132,732 Cr |
| 2023 | ₹ 146,149 Cr |
Last 5 Years’ Net Profit:
| 2019 | ₹ 9,698 Cr |
| 2020 | ₹ -4,744 Cr |
| 2021 | ₹ 15,032 Cr |
| 2022 | ₹ 23,710 Cr |
| 2023 | ₹ 8,393 Cr |
Last 10 Years’ Profit Growth:
| 10 Years: | 17% |
| 5 Years: | 4% |
| 3 Years: | -10% |
| Current Year: | -65% |
Last 10 years’ Return on Equity (ROE):
| 10 Years: | 14% |
| 5 Years: | 21% |
| 3 Years: | 24% |
| Last Year: | 20% |
Last 10 Years’ Sales Growth:
| 10 Years: | 49% |
| 5 Years: | 10% |
| 3 Years: | 20% |
| Current Year: | -2% |
Last 5 Years’ Debt-To-Equity Ratio:
| 2019 | 0.93 |
| 2020 | 1.08 |
| 2021 | 0.8 |
| 2022 | 0.81 |
| 2023 | 1.68 |
Conclusion
This article is a complete guide about Vedanta Ltd Share.
These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses.
Also, We have talked in detail about the share’s future prospects and growth potential.
Hopefully, these informations will help you in your further investment.
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