Vedanta Power Limited
NSE: VEDPOWERPower Generation
Share price
₹31.59
-0.94% close of 9 Oct 2026
Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 5 Oct 2026, the close above is 9 Oct 2026.
Business score
How strong the business is, in one number. The parts behind it are in Pro.
28
out of 100 · worked out 8 Oct 2026
Your ratios
The numbers you want to see first. Tap Edit to change them.
Market cap
₹12,349 Cr
P/E ratio
20.1
P/B ratio
3.0
ROCE
7.0%
ROE
22.8%
Dividend yield
0.0%
Price & valuation chart
How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.
Answers
Simple answers to the questions investors ask most, from the company's own numbers.
How fast it has been growing
Fewer than three years of filings — too early to judge growth.
Whether it grew faster than its sector
We do not have three full years of its sales yet, so there is nothing to compare with its sector.
Room to re-rate, or risk of de-rating
Too little price history yet to compare it with its own past.
Whether growth justifies the valuation
It has no steady three-year profit record yet, so growth cannot be weighed against the price.
| Profit growth | Price per ₹1 profit | Per 1% growth | |
|---|---|---|---|
| Vedanta Power Limited — this one | — | 20.1× | — |
| NTPC Limited | 20%/yr | 10.9× | ₹0.54 |
| Adani Green Energy | 17%/yr | 106.7× | ₹6.3 |
| JSW Energy | 19%/yr | 40.4× | ₹2.1 |
| NTPC Green Energy Limited | 45%/yr | 128.5× | ₹2.9 |
| NHPC Limited | -1%/yr | 19.3× | — |
Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
How it compares with its peers
Against companies the exchange files under the same label (Power Generation), it ranks 13 of 26 on returns, 21 of 26 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
What makes it hard to beat — and is that still true?
No durable advantage shows in the numbers: it earns 7.0% on capital, ahead of 50% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
Whether its growth pays for itself
Only 1 years of matching accounts on file — too few to judge this yet.
Profit reality check
Is the profit real cash? Simple checks on the accounts. Facts only, not advice.
Not enough filed accounts to run these checks yet.
Latest result · Q1 FY27
What the last results showed. Whether management kept its word is in Pro.
Announced 29 Jul 2026 · Consolidated
Revenue
₹2,607 Cr
Revenue vs last year
+70.8%
Net profit
-₹423 Cr
Net margin
-16.2%
EPS
₹-1.08
Checklist before you investPRO
Points for and against, in one list.
Key numbers & peers
The main numbers grouped by topic, and how the company compares with similar ones.
Price
- Market cap
- ₹12,349 Cr
- Prev close
- ₹31.59
- 52w High
- ₹49.9
- 52w Low
- ₹30.4
- Enterprise value
- —
- Beta
- —
- Price CAGR 1y
- —
- Price CAGR 3y
- —
- Price CAGR 5y
- —
- Price CAGR 10y
- —
Ratios
- Return on assets
- -18.2%
- PEG ratio
- —
- P/E ratio
- 20.1
- P/B ratio
- 3.0
- EV / EBITDA
- —
- Industry P/E
- 20.6
- ROCE
- 7.0%
- ROCE 5y average
- 7.0%
- ROE
- 22.8%
- Debt / Equity
- 3.4
- Interest coverage
- -2.2
- Dividend yield
- 0.0%
- ROE 3y average
- —
- ROE last year
- 22.0%
Annual P&L
- Annual revenue
- ₹8,799 Cr
- Annual profit
- -₹1,686 Cr
- Operating margin
- 18.0%
- Net profit margin
- -19.2%
- EBITDA margin
- 17.7%
- Sales growth 3y
- —
- Sales growth 5y
- —
- Profit growth 3y
- —
- Profit growth 5y
- —
- EPS
- ₹-5.3
- Sales growth TTM
- 5.0%
- Profit growth TTM
- 1646.0%
- Dividend payout
- 0.0%
Quarter P&L
- Sales latest quarter
- ₹2,607 Cr
- Profit latest quarter
- -₹423 Cr
- YoY quarterly sales growth
- 31.3%
- YoY quarterly profit growth
- -580.7%
- OPM latest quarter
- 11.2%
Balance Sheet
- Book Value
- ₹5.0
- Face Value
- ₹10.0
- Total debt
- ₹6,542 Cr
- Total cash
- ₹421 Cr
- Borrowings
- ₹6,542 Cr
- Reserves / Equity
- -0.4
Cash Flow
- Operating cash flow
- ₹556 Cr
- Free cash flow
- ₹477 Cr
- FCF yield
- -1.8%
- Net cash flow
- ₹13 Cr
Shareholding
- Promoter holding
- 56.4%
- FII holding
- 8.5%
- DII holding
- 13.0%
- Public holding
- 21.9%
Peer comparison
| Company | Price ₹ | P/E | Mkt cap ₹ Cr | Div yield % | Profit qtr ₹ Cr | Profit var % | Sales qtr ₹ Cr | Sales var % | ROCE % |
|---|---|---|---|---|---|---|---|---|---|
| NTPC | 321.30 | 11.2 | 3,11,554 | 2.77 | 6,896.4 | 11.8 | 50,741.0 | 7.8 | 8.9 |
| Adani Green | 1,279.80 | 108.7 | 2,10,806 | 0.00 | 983.0 | 16.9 | 4,431.0 | 16.6 | 7.4 |
| JSW Energy | 490.00 | 44.8 | 89,841 | 0.41 | 532.7 | -36.6 | 5,207.1 | 1.2 | 8.2 |
| NTPC Green Ene. | 90.15 | 125.1 | 75,963 | 0.00 | 304.8 | 38.3 | 1,106.9 | 62.7 | 3.6 |
| NHPC Ltd | 71.80 | 19.0 | 72,123 | 2.20 | 1,178.1 | 2.9 | 3,808.3 | 18.5 | 5.8 |
| NLC India | 253.55 | 10.9 | 35,158 | 1.49 | 436.3 | -39.3 | 4,716.8 | 23.3 | 8.4 |
| ACME Solar Hold. | 426.80 | 50.7 | 30,169 | 0.05 | 235.3 | 64.8 | 857.5 | 67.8 | 8.9 |
| Vedanta Power | 31.89 | 20.4 | 12,470 | 0.00 | -423.0 | -27.3 | 2,607.0 | 31.3 | |
| Median | 111.35 | 20.9 | 8,085 | 0.00 | 59.8 | 17.9 | 815.4 | 14.3 | 6.2 |
Competes with: Acme Solar Holdings Limited, Adani Green Energy, JSW Energy, Kusumgar Limited, Laser Power & Infra Limited, NHPC Limited, NLC India Limited, NTPC Green Energy Limited, NTPC Limited, SJVN Limited
Quarterly results
Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.
| Line item | Jun 2024 | Jun 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|
| Sales | 1,412 | 1,986 | 2,684 | 2,607 |
| Expenses | 1,569 | 2,090 | 2,316 | |
| Material Cost | 0 | |||
| Change in Inventories | 0 | |||
| Purchases of Stock-in-Trade | 0 | |||
| Employee Cost | 22 | |||
| Other Expenses | 2,294 | |||
| Operating Profit | 417 | 594 | 291 | |
| OPM % | 19 | 21 | 22 | 11 |
| Other Income | 5 | -31 | -478 | |
| Exceptional items (within Other Income) | -487 | |||
| Interest | 151 | 190 | 196 | |
| Depreciation | 169 | 223 | 225 | |
| Profit before tax | 102 | 150 | -608 | |
| Tax % | 14 | 7 | -30 | |
| Net Profit | 88 | 139 | -423 | |
| EPS in Rs | 0.27 | 0.43 | -1.08 | |
| Diluted EPS in Rs | -1.08 |
Profit & loss
Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.
| Line item | Mar 2026 |
|---|---|
| Sales | 8,799 |
| Expenses | 7,241 |
| Operating Profit | 1,558 |
| OPM % | 18 |
| Other Income | -2,295 |
| Interest | 705 |
| Depreciation | 829 |
| Profit before tax | -2,271 |
| Tax % | -26 |
| Net Profit | -1,686 |
| EPS in Rs | -5.26 |
| Dividend Payout % | 0 |
Compounded growth
Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.
Compounded sales growth
- 10 years
- —
- 5 years
- —
- 3 years
- —
- TTM
- 5%
Compounded profit growth
- 10 years
- —
- 5 years
- —
- 3 years
- —
- TTM
- 1646%
Return on equity
- 10 years
- —
- 5 years
- —
- 3 years
- —
- Last year
- 22%
Balance sheet
What the company owns and what it owes, at the end of each year. ₹ crore.
| Line item | Mar 2025 | Mar 2026 |
|---|---|---|
| Equity Capital | 3,207 | 3,207 |
| Reserves | 448 | -1,269 |
| Borrowings | 6,238 | 6,542 |
| Other Liabilities | 397 | 762 |
| Total Liabilities | 10,289 | 9,242 |
| Fixed Assets | 7,123 | 6,744 |
| CWIP | 1 | 0 |
| Investments | 0 | 0 |
| Other Assets | 3,165 | 2,498 |
| Total Assets | 10,289 | 9,242 |
Cash flows
Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.
| Line item | Mar 2025 | Mar 2026 |
|---|---|---|
| Cash from Operating Activity | 768 | 556 |
| Cash from Investing Activity | -26 | -37 |
| Cash from Financing Activity | -876 | -506 |
| Net Cash Flow | -134 | 13 |
| Free Cash Flow | 738 | 477 |
Ratios
How fast customers pay, how long stock sits, and how well capital earns — year by year.
| Line item | Mar 2025 | Mar 2026 |
|---|---|---|
| Debtor Days | 67 | 66 |
| Cash Conversion Cycle | 67 | 66 |
| Working Capital Days | -70 | -138 |
| ROCE % | 7 |
Price trend
The price as a Renko brick chart: small moves drop out so the bigger path stands out.
Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.
Open interestPRO
Where option traders are positioned on this stock.
Industry numbers
The numbers that matter most in this industry, from the company's own filings.
the company's own unlisted debt securities in default at period end
0.00cr
2026-06-30
the company's own loans / revolving facilities in default at period end (standalone filing)
0.00cr
2026-06-30
News
News and filings about Vedanta Power Limited. Open one to see why it matters.
3 Sept, 18:05 IST · Company event · medium impact
Vedanta Power Limited — Resignation of Mr. Bhagya Hasija as Company Secretary & Compliance Officer of the company w.e.f. September 02, 2026.
Supply chain
Who it buys from, sells to and competes with — as recorded in our map of company links.
Competes with
Depends on the price of
- coal
Sells to
- Punjab State Power Corporation Limited (PSPCL) · Thermal power under long-term PPA (Talwandi Sabo)
- Vedanta Aluminium Metal Limited · Thermal power (captive / group supply to Vedanta Aluminium smelters, Jharsuguda/BALCO)
About
What the company is, from our own records: where it sits, where it makes things, and what it is made of.
- Sector
- Power
- Industry
- Power Generation
- Classification
- Power › Power Generation
- ISIN
- INE694L01019
Plants
- Jharsuguda IPP Thermal Power Plant (600 MW)
- Meenakshi Thermal Power Plant (1,000 MW)
- Talwandi Sabo Thermal Power Plant (1,980 MW)
News impact
Big market events that reach Vedanta Power Limited, and how the effect spreads.
25 Sept, 12:20 IST · Market event · medium impact
Vedanta lines up FY's first rupee debt sale, bankers say
Vedanta plans a Rs 3,500 crore three-year bond sale at about 8.75%, giving bond buyers high income while Vedanta shareholders face higher debt costs and rivals see little change.
Who it hits first
- Vedanta Limited, a miner and metals maker, plans to borrow Rs 3,500 crore for three years at a coupon of about 8.75%.
- The new bonds add debt and yearly interest cost, which can weigh on near-term share sentiment.
- The cash gives Vedanta room to refinance older borrowings or fund operations.
Who may gain
- Bond investors who buy the new three-year paper lock in about 8.75% income.
- Vedanta Limited gets Rs 3,500 crore of fresh funds without selling shares.
- Rival metal makers see no direct gain — this is Vedanta's own funding, not a sector demand boost.
Along the supply chain
Downstream
No downstream change — buyers of Vedanta's metals, including Larsen and Toubro and JSW Steel, face the same prices and volumes; loan paperwork does not move metal.
Upstream
No direct supply-chain link — purely capital-flow event. Equipment, fuel and services suppliers to Vedanta Limited see no new orders from a bond sale.
Where demand moves
Business
No change in business demand — steel, aluminium and zinc buyers order the same; this bond sale does not create new metal sales.
Capital
Capital demand shifts to debt — bond funds absorb Rs 3,500 crore of Vedanta paper at about 8.75%, while equity investors turn cautious on higher leverage.
How it spreads across sectors
Metals & Mining
Neutral to mildly soft — Vedanta's 8.75% coupon sets a high funding benchmark but does not change metal demand for peers like Tata Steel and Hindalco.
Oil, Gas & Consumable Fuels
Negligible — Vedanta Oil and Gas operations see no volume or price readthrough from a parent bond sale.
Power
Negligible — Vedanta Power shares the group name but its power sales and tariffs are untouched.
A pattern seen before
Cascade chain
Pattern name
Rupee Cascade
Patterns
- Rupee Cascade
Sectors queried
- IT Services
- Oil & Gas
- Pharma
When it plays out
Immediate
Bond pricing and book-building dominate over 1-7 days; Vedanta shares stay muted on leverage talk.
Medium term
Higher interest payments run over 1-6 months while any refinancing benefit shows; peers stay unaffected.
Short term
Allotment and listing of the Rs 3,500 crore paper over 1-4 weeks; focus shifts to how Vedanta uses the cash.
Dividends, splits & big trades
Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.
Splits, bonuses & buybacks
- daily-prices repair: 1 rows from NSE's archive (replace 0, delete 1, insert 0), 2026-06-26..2026-06-26 (docs/flat_day_repair.md)1× · 26 Jun 2026
Documents
Annual reports, results presentations and earnings calls, straight from the source.
- Results presentation30 Jun 2026
Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.