Vedanta Limited — PPTs, 29-04-2026: Investor Presentation

Vedanta (VEDL) posted a strong performance in Q4 and FY26.

**Business Performance:** Q4 profit after tax (PAT) jumped 89% YoY to ₹9,352 Cr, with full-year PAT up 22% to ₹25,096 Cr. Revenue reached a record ₹51,524 Cr in Q4 (+29% YoY) and ₹1,74,075 Cr for FY26 (+15% YoY). Record EBITDA and 5-year low costs in Aluminum and Zinc businesses were key drivers.

**Growth Drivers/Strategy:** VEDL invested ₹14,918 Cr in growth capex during FY26, commissioning major projects like new smelters and refinery expansions. This focus on operational excellence is driving cost reductions and future volume growth across segments.

**Recent Developments:** The company's demerger is effective from May 1, 2026. Other notable updates include first metal production from BALCO’s new smelter, an acquisition in downstream copper/aluminium, a new gas discovery, and securing 5-year power purchase agreements.

**Key Financial Metrics:** Net Debt/EBITDA significantly improved to 0.95x (a 14-quarter best), and shareholders received a dividend of ₹34/share for FY26.

**Management Outlook:** Leadership highlighted robust execution and strategic positioning for the next growth phase post-demerger, underpinned by capex and efficiency improvements.