Vedanta Limited (VEDL) - Net Assets
Based on the latest financial reports, Vedanta Limited (VEDL) has net assets worth Rs685.77 Billion INR (≈ $7.42 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs2.33 Trillion ≈ $25.22 Billion USD) and total liabilities (Rs1.65 Trillion ≈ $17.81 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check VEDL tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs685.77 Billion |
| % of Total Assets | 29.4% |
| Annual Growth Rate | 23.86% |
| 5-Year Change | -17.08% |
| 10-Year Change | -7.86% |
| Growth Volatility | 2923.03 |
Vedanta Limited - Net Assets Trend (2005–2026)
This chart illustrates how Vedanta Limited's net assets have evolved over time, based on quarterly financial data. See Vedanta Limited (VEDL) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Vedanta Limited (2005–2026)
The table below shows the annual net assets of Vedanta Limited from 2005 to 2026. For live valuation and market cap data, see Vedanta Limited market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs685.77 Billion ≈ $7.42 Billion |
+27.58% |
| 2025-03-31 | Rs537.53 Billion ≈ $5.81 Billion |
+27.77% |
| 2024-03-31 | Rs420.69 Billion ≈ $4.55 Billion |
-14.89% |
| 2023-03-31 | Rs494.27 Billion ≈ $5.35 Billion |
-40.24% |
| 2022-03-31 | Rs827.04 Billion ≈ $8.94 Billion |
+6.83% |
| 2021-03-31 | Rs774.16 Billion ≈ $8.37 Billion |
+7.90% |
| 2020-03-31 | Rs717.47 Billion ≈ $7.76 Billion |
-7.45% |
| 2019-03-31 | Rs775.24 Billion ≈ $8.38 Billion |
+9.02% |
| 2018-03-31 | Rs711.10 Billion ≈ $7.69 Billion |
-4.46% |
| 2017-03-31 | Rs744.28 Billion ≈ $8.05 Billion |
-4.14% |
| 2016-03-31 | Rs776.40 Billion ≈ $8.40 Billion |
-13.16% |
| 2015-03-31 | Rs894.05 Billion ≈ $9.67 Billion |
-16.29% |
| 2014-03-31 | Rs1.07 Trillion ≈ $11.55 Billion |
+511.18% |
| 2013-03-31 | Rs174.75 Billion ≈ $1.89 Billion |
+15.59% |
| 2012-03-31 | Rs151.18 Billion ≈ $1.63 Billion |
+18.01% |
| 2011-03-31 | Rs128.10 Billion ≈ $1.39 Billion |
+61.79% |
| 2010-03-31 | Rs79.18 Billion ≈ $856.27 Million |
+67.90% |
| 2009-03-31 | Rs47.16 Billion ≈ $509.99 Million |
+60.21% |
| 2008-03-31 | Rs29.43 Billion ≈ $318.32 Million |
-98.17% |
| 2007-03-31 | Rs1.61 Trillion ≈ $17.40 Billion |
+13748.87% |
| 2006-03-31 | Rs11.62 Billion ≈ $125.65 Million |
+51.45% |
| 2005-03-31 | Rs7.67 Billion ≈ $82.97 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Vedanta Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs3.91 Billion | 0.79% |
| Other Components | Rs492.61 Billion | 99.21% |
| Total Equity | Rs496.52 Billion | 100.00% |
Vedanta Limited Competitors by Market Cap
The table below lists competitors of Vedanta Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ZTO Express (Cayman) Inc
NYSE:ZTO
|
$12.67 Billion |
|
Huaneng Power International Inc
SHG:600011
|
$12.68 Billion |
|
Check Point Software Technologies Ltd
NASDAQ:CHKP
|
$12.69 Billion |
|
Wolters Kluwer N.V.
AS:WKL
|
$12.69 Billion |
|
Graco Inc
NYSE:GGG
|
$12.66 Billion |
|
Permian Resources Corporation
NYSE:PR
|
$12.66 Billion |
|
SK Innovation
KO:096770
|
$12.66 Billion |
|
DraftKings Inc
NASDAQ:DKNG
|
$12.65 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Vedanta Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 412,120,000,000 to 496,520,000,000, a change of 84,400,000,000 (20.5%).
- Net income of 173,910,000,000 contributed positively to equity growth.
- Dividend payments of 132,790,000,000 reduced retained earnings.
- Share repurchases of 2,940,000,000 reduced equity.
- Other comprehensive income decreased equity by 353,650,000,000.
- Other factors increased equity by 402,810,000,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs173.91 Billion | +35.03% |
| Dividends Paid | Rs132.79 Billion | -26.74% |
| Share Repurchases | Rs2.94 Billion | -0.59% |
| Other Comprehensive Income | Rs-353.65 Billion | -71.23% |
| Other Changes | Rs402.81 Billion | +81.13% |
| Total Change | Rs- | 20.48% |
Book Value vs Market Value Analysis
This analysis compares Vedanta Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.38x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 31.24x to 2.38x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-03-31 | Rs9.60 | Rs299.95 | x |
| 2006-03-31 | Rs14.58 | Rs299.95 | x |
| 2007-03-31 | Rs2019.50 | Rs299.95 | x |
| 2008-03-31 | Rs37.05 | Rs299.95 | x |
| 2009-03-31 | Rs59.48 | Rs299.95 | x |
| 2010-03-31 | Rs96.88 | Rs299.95 | x |
| 2011-03-31 | Rs144.15 | Rs299.95 | x |
| 2012-03-31 | Rs168.15 | Rs299.95 | x |
| 2013-03-31 | Rs47.12 | Rs299.95 | x |
| 2014-03-31 | Rs248.73 | Rs299.95 | x |
| 2015-03-31 | Rs181.70 | Rs299.95 | x |
| 2016-03-31 | Rs150.67 | Rs299.95 | x |
| 2017-03-31 | Rs204.01 | Rs299.95 | x |
| 2018-03-31 | Rs162.64 | Rs299.95 | x |
| 2019-03-31 | Rs167.40 | Rs299.95 | x |
| 2020-03-31 | Rs147.56 | Rs299.95 | x |
| 2021-03-31 | Rs167.08 | Rs299.95 | x |
| 2022-03-31 | Rs175.19 | Rs299.95 | x |
| 2023-03-31 | Rs105.58 | Rs299.95 | x |
| 2024-03-31 | Rs82.00 | Rs299.95 | x |
| 2025-03-31 | Rs106.27 | Rs299.95 | x |
| 2026-03-31 | Rs126.22 | Rs299.95 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Vedanta Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 35.03%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 22.17%
- • Asset Turnover: 0.34x
- • Equity Multiplier: 4.70x
- Recent ROE (35.03%) is above the historical average (20.22%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 62.61% | 31.69% | 1.41x | 1.40x | Rs3.98 Billion |
| 2006 | 49.78% | 31.43% | 1.19x | 1.33x | Rs4.56 Billion |
| 2007 | 0.41% | 2.97% | 0.11x | 1.23x | Rs-152.52 Billion |
| 2008 | 52.85% | 40.94% | 1.10x | 1.17x | Rs12.50 Billion |
| 2009 | 42.46% | 40.43% | 0.91x | 1.15x | Rs15.20 Billion |
| 2010 | 33.39% | 45.35% | 0.52x | 1.43x | Rs18.42 Billion |
| 2011 | 32.96% | 46.18% | 0.59x | 1.22x | Rs29.41 Billion |
| 2012 | 17.83% | 32.44% | 0.41x | 1.35x | Rs11.84 Billion |
| 2013 | 13.05% | 82.95% | 0.12x | 1.32x | Rs5.33 Billion |
| 2014 | 8.63% | 9.52% | 0.31x | 2.93x | Rs-10.02 Billion |
| 2015 | -29.04% | -21.23% | 0.39x | 3.53x | Rs-210.33 Billion |
| 2016 | -27.47% | -19.09% | 0.34x | 4.21x | Rs-167.38 Billion |
| 2017 | 11.50% | 9.63% | 0.36x | 3.29x | Rs9.08 Billion |
| 2018 | 17.36% | 11.32% | 0.52x | 2.96x | Rs43.86 Billion |
| 2019 | 11.34% | 7.73% | 0.45x | 3.24x | Rs8.35 Billion |
| 2020 | -12.20% | -7.94% | 0.46x | 3.36x | Rs-121.28 Billion |
| 2021 | 18.63% | 13.31% | 0.47x | 2.98x | Rs53.74 Billion |
| 2022 | 28.76% | 14.28% | 0.66x | 3.03x | Rs122.64 Billion |
| 2023 | 26.82% | 7.25% | 0.75x | 4.96x | Rs66.32 Billion |
| 2024 | 13.80% | 2.98% | 0.75x | 6.21x | Rs11.67 Billion |
| 2025 | 36.37% | 9.90% | 0.74x | 4.93x | Rs108.67 Billion |
| 2026 | 35.03% | 22.17% | 0.34x | 4.70x | Rs124.26 Billion |
Industry Comparison
This section compares Vedanta Limited's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $1,587,374,906
- Average return on equity (ROE) among peers: 6.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Vedanta Limited (VEDL) | Rs685.77 Billion | 62.61% | 2.40x | $12.67 Billion |
| Rajdarshan Industries Limited (ARENTERP) | $174.87 Million | -0.68% | 0.04x | $1.25 Million |
| Ashapura Minechem Limited (ASHAPURMIN) | $-996.84 Million | 0.00% | 0.00x | $729.87 Million |
| Indian Metals & Ferro Alloys Limited (IMFA) | $140.59 Million | 0.00% | 7.79x | $837.72 Million |
| Impex Ferro Tech Limited (IMPEXFERRO) | $1.54 Billion | 2.33% | 2.68x | $2.41 Million |
| J.G.CHEMICALS LIMITED (JGCHEM) | $4.06 Billion | 7.61% | 0.11x | $182.59 Million |
| MOIL Limited (MOIL) | $4.61 Billion | 29.08% | 0.21x | $654.90 Million |
About Vedanta Limited
Vedanta Limited, a diversified natural resources company, explores, extracts, and processes minerals, and oil and gas in India, Europe, China, the United States, Mexico, and internationally. The company operates through seven reportable segments: Copper, Aluminium, Iron Ore, Power, Zinc India, Zinc International, Oil and Gas, and Others. It explores, produces, and sells oil and gas, zinc, lead, s… Read more