Vedanta Power Ltd.

•

₹ 36.30.72%

2026-08-21

vedantapower.comBSE: -NSE: VEDPOWER

Market Cap₹ 14,054 Cr.

Current Price₹ 36

High / Low₹ 50 / 33

Stock P/E0.0

Book Value₹ 6

Price to Book6.43

Dividend Yield0.00 %

ROCE-18.3 %

ROE-61.3 %

Face Value₹ 10

Add ratio to table

ABOUT

KEY POINTS

PROS

Working capital cycle has improved - days down from -68 to -135
Institutional investors have been accumulating - FII+DII up 21.5pp
Company generates healthy free cash flow

CONS

Company is loss-making at the operating / net level
Company has a high debt-to-equity of 3.37x
Promoter holding has decreased over last 2 years: -43.6pp
Company has a low return on equity of -14.1% over last 3 years
Company has a low return on capital employed of 0.8%
Interest coverage is weak at -2.8x - earnings barely cover interest

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

EDIT COLUMNS

PowerPowerPower Generation/Distribution

Part ofNIFTY 50 NIFTY 500 NIFTY LARGEMIDCAP 250 NIFTY 100 NIFTY 200

S.No.	Name	CMP Rs.	P/E	Mar Cap Rs.Cr.	Div Yld %	NP Qtr Rs.Cr.	Qtr Profit Var %	Sales Qtr Rs.Cr.	Qtr Sales Var %	ROCE %	OPM %
1.	ADANIPOWER	203.70	27.56	392829.23	0.00	4866.60	47.24	18901.89	33.97	17.79	42.67
2.	NTPC	334.75	11.69	324595.90	2.69	6896.44	-88.71	50740.96	7.81	8.52	33.23
3.	POWERGRID	262.45	15.36	244094.35	3.43	3598.42	-0.89	11496.72	2.68	9.74	82.97
4.	ADANIGREEN	1290.00	119.11	212485.72	0.00	983.00	19.30	4431.00	16.61	9.90	91.24
5.	ADANIENSOL	1540.00	64.52	188334.99	0.00	1236.56	129.44	9711.08	42.41	9.71	31.27
6.	TATAPOWER	378.20	31.28	120847.74	0.66	1400.86	10.98	19051.26	5.63	11.63	21.53
7.	JSWENERGY	540.20	50.35	99044.74	0.37	532.70	-36.27	5207.13	1.24	8.50	55.22
8.	NTPCGREEN	91.62	127.19	77202.03	0.00	304.84	38.26	1106.86	62.72	3.73	91.95
9.	NHPC	76.00	20.11	76342.26	2.12	1178.09	4.15	3808.31	18.50	6.16	61.80
10.	TORNTPOWER	1244.00	26.98	62685.60	1.61	661.85	-10.75	8124.15	2.75	14.37	18.93
11.	NLCINDIA	269.55	11.65	37376.79	1.43	436.33	-48.01	4716.75	23.29	11.57	32.83
12.	VEDPOWER	36.07	0.00	14053.93	0.00	-4230.00	—	26070.00	—	-18.34	11.16

Detailed Comparison with:

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

	Jun 2025	Jun 2026
	1,725	18,360
	1,638	19,850
Operating Profit	—	—
OPM %	—	—
Other Income	9	80
Interest	149	1,680
Depreciation	144	1,600
	96	-6,280
Tax %	21.88%	28.50%
Net Profit	75	-4,490
	0	-1
Equity Capital	3,911	39,110
Reserves	4,528	46,480
Promoter Pledge %	0.00%	0.00%
Equity Capital	3,911	39,110
Reserves	4,528	46,480
Promoter Pledge %	0.00%	0.00%

Jun 2025

: 1,725
: 1,638
Operating Profit: —
OPM %: —
Other Income: 9
Interest: 149
Depreciation: 144
: 96
Tax %: 21.88%
Net Profit: 75
: 0
Equity Capital: 3,911
Reserves: 4,528
Promoter Pledge %: 0.00%
Equity Capital: 3,911
Reserves: 4,528
Promoter Pledge %: 0.00%

Jun 2026

: 18,360
: 19,850
Operating Profit: —
OPM %: —
Other Income: 80
Interest: 1,680
Depreciation: 1,600
: -6,280
Tax %: 28.50%
Net Profit: -4,490
: -1
Equity Capital: 39,110
Reserves: 46,480
Promoter Pledge %: 0.00%
Equity Capital: 39,110
Reserves: 46,480
Promoter Pledge %: 0.00%

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	3,591	4,202	5,285	4,817	3,853	4,406	5,801	5,293	5,241	5,486
	2,505	3,051	3,997	3,493	2,764	3,390	4,728	4,223	4,173	4,413
Operating Profit	1,087	1,156	1,290	1,465	1,094	1,034	1,079	1,086	1,071	1,084
OPM %	30	28	24	30	28	23	19	21	20	20
Other Income	1	4	2	140	5	18	6	16	4	11
Interest	587	741	836	765	733	741	712	668	619	607
Depreciation	908	328	454	459	457	455	460	456	442	445
	-408	87	-1	323	-97	-162	-93	756	10	-2,290
Tax %	0	208	-6,722	-126	25	25	25	20	-212	25
Net Profit	-408	-94	-55	730	-73	-122	-70	602	32	-1,713
EPS	0	0	0	2	-0	-0	-0	2	0	-5
Dividend Payout %	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
Share of Associates	0	0	0	0	0	0	0	0	0	0
Adjusted EPS	-1	-0	-0	2	-0	-0	-0	2	0	-5
Minority Interest	0	0	0	0	0	0	0	0	0	0
Share of Associates	0	0	0	0	0	0	0	0	0	0
Adjusted EPS	-1	-0	-0	2	-0	-0	-0	2	0	-5

Mar 2017

: 3,591
: 2,505
Operating Profit: 1,087
OPM %: 30
Other Income: 1
Interest: 587
Depreciation: 908
: -408
Tax %: 0
Net Profit: -408
EPS: 0
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: -1
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: -1

Mar 2018

: 4,202
: 3,051
Operating Profit: 1,156
OPM %: 28
Other Income: 4
Interest: 741
Depreciation: 328
: 87
Tax %: 208
Net Profit: -94
EPS: 0
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: -0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: -0

Mar 2019

: 5,285
: 3,997
Operating Profit: 1,290
OPM %: 24
Other Income: 2
Interest: 836
Depreciation: 454
: -1
Tax %: -6,722
Net Profit: -55
EPS: 0
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: -0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: -0

Mar 2020

: 4,817
: 3,493
Operating Profit: 1,465
OPM %: 30
Other Income: 140
Interest: 765
Depreciation: 459
: 323
Tax %: -126
Net Profit: 730
EPS: 2
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 2
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 2

Mar 2021

: 3,853
: 2,764
Operating Profit: 1,094
OPM %: 28
Other Income: 5
Interest: 733
Depreciation: 457
: -97
Tax %: 25
Net Profit: -73
EPS: -0
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: -0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: -0

Mar 2022

: 4,406
: 3,390
Operating Profit: 1,034
OPM %: 23
Other Income: 18
Interest: 741
Depreciation: 455
: -162
Tax %: 25
Net Profit: -122
EPS: -0
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: -0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: -0

Mar 2023

: 5,801
: 4,728
Operating Profit: 1,079
OPM %: 19
Other Income: 6
Interest: 712
Depreciation: 460
: -93
Tax %: 25
Net Profit: -70
EPS: -0
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: -0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: -0

Mar 2024

: 5,293
: 4,223
Operating Profit: 1,086
OPM %: 21
Other Income: 16
Interest: 668
Depreciation: 456
: 756
Tax %: 20
Net Profit: 602
EPS: 2
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 2
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 2

Mar 2025

: 5,241
: 4,173
Operating Profit: 1,071
OPM %: 20
Other Income: 4
Interest: 619
Depreciation: 442
: 10
Tax %: -212
Net Profit: 32
EPS: 0
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 0

Mar 2026

: 5,486
: 4,413
Operating Profit: 1,084
OPM %: 20
Other Income: 11
Interest: 607
Depreciation: 445
: -2,290
Tax %: 25
Net Profit: -1,713
EPS: -5
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: -5
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: -5

COMPOUNDED SALES GROWTH

10 Years:: 13%
5 Years:: 7%
3 Years:: -2%

COMPOUNDED PROFIT GROWTH

10 Years:: —
5 Years:: —
3 Years:: —

STOCK PRICE CAGR

10 Years:: —
5 Years:: —
3 Years:: —
1 Year:: —

RETURN ON EQUITY

10 Years:: -5%
5 Years:: -10%
3 Years:: -14%
Last Year:: -61%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
LIABILITIES	-	-	-	-	-	-	-	-	-	-
Equity Capital	3,207	3,207	3,207	3,207	3,207	3,207	3,207	3,207	3,207	3,207
	-502	-596	-651	79	6	-116	-186	416	448	-1,269
	2,275	3,975	2,766	2,658	2,277	1,085	1,293	809	1,357	2,098
Trade Payables	137	327	392	302	121	134	51	38	125	206
	7,095	6,123	7,648	6,233	6,470	7,279	6,683	5,724	5,024	4,294
Total Liabilities	12,211	13,035	13,362	12,479	12,081	11,589	11,048	10,194	10,161	8,536
ASSETS	-	-	-	-	-	-	-	-	-	-
	10,609	10,342	9,943	9,547	9,149	8,774	8,384	7,492	7,123	6,744
Capital Work in Progress	5	8	9	7	3	6	2	3	1	0
	144	0	0	0	0	0	0	0	0	0
	296	253	442	533	277	162	225	292	249	312
	0	0	0	0	0	0	0	547	960	992
Cash & Bank	47	23	262	135	460	52	40	206	34	46
	1,108	2,409	2,706	2,257	2,191	2,596	2,398	1,653	1,795	442
Total Assets	12,211	13,035	13,362	12,479	12,081	11,589	11,048	10,194	10,161	8,536
Total Debt	8,012	8,651	8,665	7,531	7,193	7,256	6,789	6,425	6,229	6,534
Net Working Capital	-3,479	-3,696	-3,474	-2,363	-2,109	-757	-409	-736	-969	-2,031
Contingent Liabilities	0	0	0	135	0	205	127	0	0	0
Book Value per Share	8.43	8.14	7.97	10.25	10.02	9.64	9.42	11.30	11.40	6.04
Face Value	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00
Total Debt	8,012	8,651	8,665	7,531	7,193	7,256	6,789	6,425	6,229	6,534
Net Working Capital	-3,479	-3,696	-3,474	-2,363	-2,109	-757	-409	-736	-969	-2,031
Contingent Liabilities	0	0	0	135	0	205	127	0	0	0
Book Value per Share	8.43	8.14	7.97	10.25	10.02	9.64	9.42	11.30	11.40	6.04
Face Value	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00

Mar 2017

Equity Capital: 3,207
: -502
: 2,275
Trade Payables: 137
: 7,095
Total Liabilities: 12,211
: 10,609
Capital Work in Progress: 5
: 144
: 296
: 0
Cash & Bank: 47
: 1,108
Total Assets: 12,211
Total Debt: 8,012
Net Working Capital: -3,479
Contingent Liabilities: 0
Book Value per Share: 8.43
Face Value: 10.00
Total Debt: 8,012
Net Working Capital: -3,479
Contingent Liabilities: 0
Book Value per Share: 8.43
Face Value: 10.00

Mar 2018

Equity Capital: 3,207
: -596
: 3,975
Trade Payables: 327
: 6,123
Total Liabilities: 13,035
: 10,342
Capital Work in Progress: 8
: 0
: 253
: 0
Cash & Bank: 23
: 2,409
Total Assets: 13,035
Total Debt: 8,651
Net Working Capital: -3,696
Contingent Liabilities: 0
Book Value per Share: 8.14
Face Value: 10.00
Total Debt: 8,651
Net Working Capital: -3,696
Contingent Liabilities: 0
Book Value per Share: 8.14
Face Value: 10.00

Mar 2019

Equity Capital: 3,207
: -651
: 2,766
Trade Payables: 392
: 7,648
Total Liabilities: 13,362
: 9,943
Capital Work in Progress: 9
: 0
: 442
: 0
Cash & Bank: 262
: 2,706
Total Assets: 13,362
Total Debt: 8,665
Net Working Capital: -3,474
Contingent Liabilities: 0
Book Value per Share: 7.97
Face Value: 10.00
Total Debt: 8,665
Net Working Capital: -3,474
Contingent Liabilities: 0
Book Value per Share: 7.97
Face Value: 10.00

Mar 2020

Equity Capital: 3,207
: 79
: 2,658
Trade Payables: 302
: 6,233
Total Liabilities: 12,479
: 9,547
Capital Work in Progress: 7
: 0
: 533
: 0
Cash & Bank: 135
: 2,257
Total Assets: 12,479
Total Debt: 7,531
Net Working Capital: -2,363
Contingent Liabilities: 135
Book Value per Share: 10.25
Face Value: 10.00
Total Debt: 7,531
Net Working Capital: -2,363
Contingent Liabilities: 135
Book Value per Share: 10.25
Face Value: 10.00

Mar 2021

Equity Capital: 3,207
: 6
: 2,277
Trade Payables: 121
: 6,470
Total Liabilities: 12,081
: 9,149
Capital Work in Progress: 3
: 0
: 277
: 0
Cash & Bank: 460
: 2,191
Total Assets: 12,081
Total Debt: 7,193
Net Working Capital: -2,109
Contingent Liabilities: 0
Book Value per Share: 10.02
Face Value: 10.00
Total Debt: 7,193
Net Working Capital: -2,109
Contingent Liabilities: 0
Book Value per Share: 10.02
Face Value: 10.00

Mar 2022

Equity Capital: 3,207
: -116
: 1,085
Trade Payables: 134
: 7,279
Total Liabilities: 11,589
: 8,774
Capital Work in Progress: 6
: 0
: 162
: 0
Cash & Bank: 52
: 2,596
Total Assets: 11,589
Total Debt: 7,256
Net Working Capital: -757
Contingent Liabilities: 205
Book Value per Share: 9.64
Face Value: 10.00
Total Debt: 7,256
Net Working Capital: -757
Contingent Liabilities: 205
Book Value per Share: 9.64
Face Value: 10.00

Mar 2023

Equity Capital: 3,207
: -186
: 1,293
Trade Payables: 51
: 6,683
Total Liabilities: 11,048
: 8,384
Capital Work in Progress: 2
: 0
: 225
: 0
Cash & Bank: 40
: 2,398
Total Assets: 11,048
Total Debt: 6,789
Net Working Capital: -409
Contingent Liabilities: 127
Book Value per Share: 9.42
Face Value: 10.00
Total Debt: 6,789
Net Working Capital: -409
Contingent Liabilities: 127
Book Value per Share: 9.42
Face Value: 10.00

Mar 2024

Equity Capital: 3,207
: 416
: 809
Trade Payables: 38
: 5,724
Total Liabilities: 10,194
: 7,492
Capital Work in Progress: 3
: 0
: 292
: 547
Cash & Bank: 206
: 1,653
Total Assets: 10,194
Total Debt: 6,425
Net Working Capital: -736
Contingent Liabilities: 0
Book Value per Share: 11.30
Face Value: 10.00
Total Debt: 6,425
Net Working Capital: -736
Contingent Liabilities: 0
Book Value per Share: 11.30
Face Value: 10.00

Mar 2025

Equity Capital: 3,207
: 448
: 1,357
Trade Payables: 125
: 5,024
Total Liabilities: 10,161
: 7,123
Capital Work in Progress: 1
: 0
: 249
: 960
Cash & Bank: 34
: 1,795
Total Assets: 10,161
Total Debt: 6,229
Net Working Capital: -969
Contingent Liabilities: 0
Book Value per Share: 11.40
Face Value: 10.00
Total Debt: 6,229
Net Working Capital: -969
Contingent Liabilities: 0
Book Value per Share: 11.40
Face Value: 10.00

Mar 2026

Equity Capital: 3,207
: -1,269
: 2,098
Trade Payables: 206
: 4,294
Total Liabilities: 8,536
: 6,744
Capital Work in Progress: 0
: 0
: 312
: 992
Cash & Bank: 46
: 442
Total Assets: 8,536
Total Debt: 6,534
Net Working Capital: -2,031
Contingent Liabilities: 0
Book Value per Share: 6.04
Face Value: 10.00
Total Debt: 6,534
Net Working Capital: -2,031
Contingent Liabilities: 0
Book Value per Share: 6.04
Face Value: 10.00

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	277	74	927	1,734	1,452	684	1,388	1,121	768	556
Cash from Investing	-389	39	-12	-106	17	-78	-16	-20	-26	-37
Cash from Financing	119	-137	-677	-1,815	-1,123	-977	-1,382	-973	-876	-506
	7	-24	239	-187	346	-370	-11	128	-134	13
Free Cash Flow	-304	12	871	1,672	1,397	608	1,332	1,121	705	498
OCF / Net Profit	-0.68	-0.79	-16.99	2.37	-19.86	-5.63	-19.74	1.86	24.11	-0.32
Cumulative 5-Year FCF	0	0	0	0	3,647	4,559	5,879	6,130	5,162	4,263
OCF / Net Profit	-0.68	-0.79	-16.99	2.37	-19.86	-5.63	-19.74	1.86	24.11	-0.32
Cumulative 5-Year FCF	0	0	0	0	3,647	4,559	5,879	6,130	5,162	4,263

Mar 2017

: 277
Cash from Investing: -389
Cash from Financing: 119
: 7
Free Cash Flow: -304
OCF / Net Profit: -0.68
Cumulative 5-Year FCF: 0
OCF / Net Profit: -0.68
Cumulative 5-Year FCF: 0

Mar 2018

: 74
Cash from Investing: 39
Cash from Financing: -137
: -24
Free Cash Flow: 12
OCF / Net Profit: -0.79
Cumulative 5-Year FCF: 0
OCF / Net Profit: -0.79
Cumulative 5-Year FCF: 0

Mar 2019

: 927
Cash from Investing: -12
Cash from Financing: -677
: 239
Free Cash Flow: 871
OCF / Net Profit: -16.99
Cumulative 5-Year FCF: 0
OCF / Net Profit: -16.99
Cumulative 5-Year FCF: 0

Mar 2020

: 1,734
Cash from Investing: -106
Cash from Financing: -1,815
: -187
Free Cash Flow: 1,672
OCF / Net Profit: 2.37
Cumulative 5-Year FCF: 0
OCF / Net Profit: 2.37
Cumulative 5-Year FCF: 0

Mar 2021

: 1,452
Cash from Investing: 17
Cash from Financing: -1,123
: 346
Free Cash Flow: 1,397
OCF / Net Profit: -19.86
Cumulative 5-Year FCF: 3,647
OCF / Net Profit: -19.86
Cumulative 5-Year FCF: 3,647

Mar 2022

: 684
Cash from Investing: -78
Cash from Financing: -977
: -370
Free Cash Flow: 608
OCF / Net Profit: -5.63
Cumulative 5-Year FCF: 4,559
OCF / Net Profit: -5.63
Cumulative 5-Year FCF: 4,559

Mar 2023

: 1,388
Cash from Investing: -16
Cash from Financing: -1,382
: -11
Free Cash Flow: 1,332
OCF / Net Profit: -19.74
Cumulative 5-Year FCF: 5,879
OCF / Net Profit: -19.74
Cumulative 5-Year FCF: 5,879

Mar 2024

: 1,121
Cash from Investing: -20
Cash from Financing: -973
: 128
Free Cash Flow: 1,121
OCF / Net Profit: 1.86
Cumulative 5-Year FCF: 6,130
OCF / Net Profit: 1.86
Cumulative 5-Year FCF: 6,130

Mar 2025

: 768
Cash from Investing: -26
Cash from Financing: -876
: -134
Free Cash Flow: 705
OCF / Net Profit: 24.11
Cumulative 5-Year FCF: 5,162
OCF / Net Profit: 24.11
Cumulative 5-Year FCF: 5,162

Mar 2026

: 556
Cash from Investing: -37
Cash from Financing: -506
: 13
Free Cash Flow: 498
OCF / Net Profit: -0.32
Cumulative 5-Year FCF: 4,263
OCF / Net Profit: -0.32
Cumulative 5-Year FCF: 4,263

Ratios

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
PER SHARE	-	-	-	-	-	-	-	-	-	-
EPS (₹)	-1.27	-0.29	-0.17	2.28	-0.23	-0.38	-0.22	1.88	0.10	-5.34
Book Value (₹)	8.43	8.14	7.97	10.25	10.02	9.64	9.42	11.30	11.40	6.04
Dividend per Share (₹)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash EPS (₹)	1.56	0.73	1.25	3.71	1.20	1.04	1.22	3.30	1.48	-3.96
PROFITABILITY	-	-	-	-	-	-	-	-	-	-
Operating Margin %	30.26%	27.51%	24.40%	30.40%	28.38%	23.47%	18.60%	20.21%	20.37%	19.56%
Net Margin %	-11.38%	-2.23%	-1.03%	15.15%	-1.90%	-2.76%	-1.21%	11.38%	0.61%	-31.23%
ROE %	-14.04%	-3.53%	-2.11%	25.00%	-2.25%	-3.86%	-2.30%	18.13%	0.88%	-61.28%
ROCE %	1.69%	7.54%	7.43%	9.87%	6.00%	5.58%	6.14%	14.34%	6.31%	-18.34%
	-3.42%	-0.74%	-0.41%	5.65%	-0.60%	-1.03%	-0.62%	5.67%	0.31%	-18.33%
EFFICIENCY	-	-	-	-	-	-	-	-	-	-
Debtor Days	39	80	65	35	41	41	44	47	52	65
Inventory Days	24	24	24	37	38	18	12	18	19	19
Payable Days	0	0	0	0	0	0	0	0	0	0
	63	104	89	71	79	59	56	65	71	84
FINANCIAL HEALTH	-	-	-	-	-	-	-	-	-	-
Debt to Equity (x)	2.96x	3.31x	3.39x	2.29x	2.24x	2.35x	2.25x	1.77x	1.70x	3.37x
Interest Coverage (x)	0.30x	1.12x	1.00x	1.42x	0.87x	0.78x	0.87x	2.13x	1.02x	-2.77x
	0.22x	0.33x	0.26x	0.37x	0.38x	0.58x	0.74x	0.59x	0.57x	0.41x
GROWTH	-	-	-	-	-	-	-	-	-	-
Revenue Growth %	120.48%	17.04%	25.75%	-8.84%	-20.02%	14.35%	31.65%	-8.75%	-0.99%	4.69%
Operating Profit Growth %	98.98%	6.41%	11.54%	13.57%	-25.33%	-5.43%	4.35%	0.61%	-1.33%	1.22%
Net Profit Growth %	-1350.70%	77.03%	41.84%	1437.63%	-110.01%	-66.40%	42.22%	956.79%	-94.71%	-5480.84%
	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	956.79%	-94.71%	-5480.84%
VALUATION	-	-	-	-	-	-	-	-	-	-
P/E (x)	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x
P/B (x)	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x
Dividend Yield %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	8.68x	8.78x	8.94x

Mar 2017

EPS (₹): -1.27
Book Value (₹): 8.43
Dividend per Share (₹): 0.00
Cash EPS (₹): 1.56
Operating Margin %: 30.26%
Net Margin %: -11.38%
ROE %: -14.04%
ROCE %: 1.69%
: -3.42%
Debtor Days: 39
Inventory Days: 24
Payable Days: 0
: 63
Debt to Equity (x): 2.96x
Interest Coverage (x): 0.30x
: 0.22x
Revenue Growth %: 120.48%
Operating Profit Growth %: 98.98%
Net Profit Growth %: -1350.70%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2018

EPS (₹): -0.29
Book Value (₹): 8.14
Dividend per Share (₹): 0.00
Cash EPS (₹): 0.73
Operating Margin %: 27.51%
Net Margin %: -2.23%
ROE %: -3.53%
ROCE %: 7.54%
: -0.74%
Debtor Days: 80
Inventory Days: 24
Payable Days: 0
: 104
Debt to Equity (x): 3.31x
Interest Coverage (x): 1.12x
: 0.33x
Revenue Growth %: 17.04%
Operating Profit Growth %: 6.41%
Net Profit Growth %: 77.03%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2019

EPS (₹): -0.17
Book Value (₹): 7.97
Dividend per Share (₹): 0.00
Cash EPS (₹): 1.25
Operating Margin %: 24.40%
Net Margin %: -1.03%
ROE %: -2.11%
ROCE %: 7.43%
: -0.41%
Debtor Days: 65
Inventory Days: 24
Payable Days: 0
: 89
Debt to Equity (x): 3.39x
Interest Coverage (x): 1.00x
: 0.26x
Revenue Growth %: 25.75%
Operating Profit Growth %: 11.54%
Net Profit Growth %: 41.84%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2020

EPS (₹): 2.28
Book Value (₹): 10.25
Dividend per Share (₹): 0.00
Cash EPS (₹): 3.71
Operating Margin %: 30.40%
Net Margin %: 15.15%
ROE %: 25.00%
ROCE %: 9.87%
: 5.65%
Debtor Days: 35
Inventory Days: 37
Payable Days: 0
: 71
Debt to Equity (x): 2.29x
Interest Coverage (x): 1.42x
: 0.37x
Revenue Growth %: -8.84%
Operating Profit Growth %: 13.57%
Net Profit Growth %: 1437.63%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2021

EPS (₹): -0.23
Book Value (₹): 10.02
Dividend per Share (₹): 0.00
Cash EPS (₹): 1.20
Operating Margin %: 28.38%
Net Margin %: -1.90%
ROE %: -2.25%
ROCE %: 6.00%
: -0.60%
Debtor Days: 41
Inventory Days: 38
Payable Days: 0
: 79
Debt to Equity (x): 2.24x
Interest Coverage (x): 0.87x
: 0.38x
Revenue Growth %: -20.02%
Operating Profit Growth %: -25.33%
Net Profit Growth %: -110.01%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2022

EPS (₹): -0.38
Book Value (₹): 9.64
Dividend per Share (₹): 0.00
Cash EPS (₹): 1.04
Operating Margin %: 23.47%
Net Margin %: -2.76%
ROE %: -3.86%
ROCE %: 5.58%
: -1.03%
Debtor Days: 41
Inventory Days: 18
Payable Days: 0
: 59
Debt to Equity (x): 2.35x
Interest Coverage (x): 0.78x
: 0.58x
Revenue Growth %: 14.35%
Operating Profit Growth %: -5.43%
Net Profit Growth %: -66.40%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2023

EPS (₹): -0.22
Book Value (₹): 9.42
Dividend per Share (₹): 0.00
Cash EPS (₹): 1.22
Operating Margin %: 18.60%
Net Margin %: -1.21%
ROE %: -2.30%
ROCE %: 6.14%
: -0.62%
Debtor Days: 44
Inventory Days: 12
Payable Days: 0
: 56
Debt to Equity (x): 2.25x
Interest Coverage (x): 0.87x
: 0.74x
Revenue Growth %: 31.65%
Operating Profit Growth %: 4.35%
Net Profit Growth %: 42.22%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2024

EPS (₹): 1.88
Book Value (₹): 11.30
Dividend per Share (₹): 0.00
Cash EPS (₹): 3.30
Operating Margin %: 20.21%
Net Margin %: 11.38%
ROE %: 18.13%
ROCE %: 14.34%
: 5.67%
Debtor Days: 47
Inventory Days: 18
Payable Days: 0
: 65
Debt to Equity (x): 1.77x
Interest Coverage (x): 2.13x
: 0.59x
Revenue Growth %: -8.75%
Operating Profit Growth %: 0.61%
Net Profit Growth %: 956.79%
: 956.79%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 8.68x

Mar 2025

EPS (₹): 0.10
Book Value (₹): 11.40
Dividend per Share (₹): 0.00
Cash EPS (₹): 1.48
Operating Margin %: 20.37%
Net Margin %: 0.61%
ROE %: 0.88%
ROCE %: 6.31%
: 0.31%
Debtor Days: 52
Inventory Days: 19
Payable Days: 0
: 71
Debt to Equity (x): 1.70x
Interest Coverage (x): 1.02x
: 0.57x
Revenue Growth %: -0.99%
Operating Profit Growth %: -1.33%
Net Profit Growth %: -94.71%
: -94.71%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 8.78x

Mar 2026

EPS (₹): -5.34
Book Value (₹): 6.04
Dividend per Share (₹): 0.00
Cash EPS (₹): -3.96
Operating Margin %: 19.56%
Net Margin %: -31.23%
ROE %: -61.28%
ROCE %: -18.34%
: -18.33%
Debtor Days: 65
Inventory Days: 19
Payable Days: 0
: 84
Debt to Equity (x): 3.37x
Interest Coverage (x): -2.77x
: 0.41x
Revenue Growth %: 4.69%
Operating Profit Growth %: 1.22%
Net Profit Growth %: -5480.84%
: -5480.84%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 8.94x

Shareholding Pattern

Numbers in percentages

TRADES

Jun 2018	Jun 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2025	Mar 2026	Jun 2026
100.00	100.00	100.00	100.00	100.00	100.00	100.00	56.38	56.38
0.00	0.00	0.00	0.00	0.00	0.00	0.00	14.05	8.51
0.00	0.00	0.00	0.00	0.00	0.00	0.00	12.96	13.01
0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.06	0.06
0.00	0.00	0.00	0.00	0.00	0.00	0.00	16.54	22.04

Jun 2018

: 100.00
: 0.00
: 0.00
: 0.00
: 0.00

Jun 2019

: 100.00
: 0.00
: 0.00
: 0.00
: 0.00

Mar 2020

: 100.00
: 0.00
: 0.00
: 0.00
: 0.00

Mar 2021

: 100.00
: 0.00
: 0.00
: 0.00
: 0.00

Mar 2022

: 100.00
: 0.00
: 0.00
: 0.00
: 0.00

Mar 2023

: 100.00
: 0.00
: 0.00
: 0.00
: 0.00

Mar 2025

: 100.00
: 0.00
: 0.00
: 0.00
: 0.00

Mar 2026

: 56.38
: 14.05
: 12.96
: 0.06
: 16.54

Jun 2026

: 56.38
: 8.51
: 13.01
: 0.06
: 22.04

Documents

Announcements

Analysts/Institutional Investor Meet/Con. Call Updates
2026-08-04 - Vedanta Power Limited has informed the Exchange about Transcript
General Updates
2026-08-01 - Vedanta Power Limited has informed the Exchange about Updation of CIN

Annual Reports

Nothing filed yet.

Credit Ratings

Credit Rating
2026-07-16 - Vedanta Power Limited has informed the Exchange about Credit Rating

Concalls

Jul 2026
TranscriptPPTREC