Vedanta Resources

OverviewSuggest Edit

Vedanta Resources is a diversified natural resources company. It primarily produces zinc, lead, silver, copper, iron ore, and aluminum deposits. The company also explores for, extracts, and processes minerals, as well as oil and gas. In addition, it operates as a power producer of thermal based power generation and wind power generation. Further, the company engages in the port operations business in India, mining, smelting, and refining copper, aluminum, zinc, and iron ore, and gold and silver processing activity. Additionally, Vedanta Resources provides accommodation and catering services and leases medical equipment, as well as offers related building and conducting services.

TypePrivate
Founded1976
HQLondon, GB
Websitevedantaresources.com

Latest Updates

Employees (est.) (Mar 2019)27,927(+12%)
Revenue (FY, 2019)$14 B(-8%)
Cybersecurity ratingBMore
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Key People/Management at Vedanta Resources

Anil Agarwal

Anil Agarwal

Executive Chairman
Sunil Duggal

Sunil Duggal

Chief Executive Officer
Navin Agarwal

Navin Agarwal

Executive Vice Chairman
Ajay Goel

Ajay Goel

Acting Chief Financial Officer
Priya Agarwal Hebbar

Priya Agarwal Hebbar

Non-Executive Director
Dilip Golani

Dilip Golani

President, Management Assurance Services
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Vedanta Resources Office Locations

Vedanta Resources has offices in London and Gurugram
London, GB (HQ)
30 Berkeley Square, Mayfair
Gurugram, IN
Gulmohar Marg, DLF Phase 2, Sector 25
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Vedanta Resources Financials and Metrics

Summary Metrics

Founding Date

1976
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Vedanta Resources Revenue

Embed Graph
View revenue for all periods
Vedanta Resources's revenue was reported to be $14.03 b in FY, 2019 which is a 8.6% decrease from the previous period.
USD

Revenue (H1, 2020)

6.1b

Gross profit (H1, 2020)

979.0m

Gross profit margin (H1, 2020), %

16%

Net income (H1, 2020)

831.0m

EBIT (H1, 2020)

612.0m

Cash (30-Sept-2019)

1.3b
Annual
USDFY, 2017FY, 2018FY, 2019

Revenue

11.5b15.4b14.0b

Revenue growth, %

33%(9%)

Cost of goods sold

8.8b11.9b11.5b

Gross profit

2.7b3.4b2.5b
Half Year
USDH1, 2017H1, 2018H1, 2019H1, 2020

Revenue

4.9b6.8b7.1b6.1b

Cost of goods sold

3.9b5.3b5.7b5.2b

Gross profit

967.8m1.5b1.3b979.0m

Gross profit Margin, %

20%22%19%16%
Annual
USDFY, 2017FY, 2018FY, 2019

Cash

1.7b798.7m8.9b

Accounts Receivable

388.9m648.0m1.1b

Inventories

1.7b2.0b2.1b

Current Assets

12.5b9.2b8.9b
Half Year
USDH1, 2017H1, 2018H1, 2019H1, 2020

Cash

372.4m270.4m468.4m1.3b

Inventories

1.6b2.0b2.0b1.5b

Current Assets

11.2b9.3b9.0b7.6b

PP&E

16.6b16.5b17.1b15.6b
Annual
USDFY, 2017FY, 2018FY, 2019

Depreciation and Amortization

1.0b1.3b1.5b

Inventories

(266.7m)(354.5m)(10.0m)

Accounts Payable

522.3m261.7m577.0m

Cash From Operating Activities

1.5b1.5b1.9b
Half Year
USDH1, 2017H1, 2018H1, 2019H1, 2020

Depreciation and Amortization

513.3m526.3m732.0m714.0m

Inventories

(187.3m)(327.7m)(59.0m)369.0m

Accounts Payable

241.0m108.5m(263.0m)351.0m

Cash From Operating Activities

222.5m282.8m231.8m1.1b
USDH1, 2017

Debt/Equity

2.3 x

Debt/Assets

0.5 x

Financial Leverage

4.3 x
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Vedanta Resources Operating Metrics

Q1, 2017Q2, 2017Q3, 2017Q4, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018Q4, 2018FY, 2018Q1, 2019Q2, 2019H1, 2019H2, 2019FY, 2019

Total Gross Average Production (Oil and Gas), boepd

206.46 k206.23 k191.23 k194.34 k199.57 k196.66 k190.39 k193.65 k200.03 k195.15 k204.71 k

Gross Average Production (Oil and Gas), boepd

196.86 k196.4 k181.82 k184.59 k189.93 k187.2 k180.96 k184.13 k190.17 k185.59 k194.99 k185.93 k179.4 k187.13 k188.78 k

Gross Average Production (Oil and Gas, Rajasthan), boepd

166.94 k167.7 k154.27 k157.34 k161.57 k159.35 k153.24 k157.1 k162.36 k157.98 k164.04 k155.19 k149.79 k152.19 k155.9 k

Gross Average Production (Oil and Gas, Ravva), boepd

19.64 k18.82 k18.17 k17.77 k18.6 k18.36 k17.27 k16.88 k16.27 k17.2 k14.22 k13.5 k13.02 k15.93 k14.89 k

Vedanta Resources Acquisitions / Subsidiaries

Company NameDateDeal Size
Electrosteel SteelsApril 24, 2018$813 m
AvanStrateDecember 28, 2017$158 m
Cairn IndiaDecember 08, 2011$8.7 b
Sesa Goa LimitedApril 24, 2007$981 m
Amica Guesthouse (Proprietary) Limited
Avanstrate Inc.
Avanstrate Korea Inc
Avanstrate Taiwan Inc
Bharat Aluminium Company Limited
Black Mountain Mining (Proprietary) Limited
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Vedanta Resources Revenue Breakdown

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Vedanta Resources revenue breakdown by business segment: 7.3% from Copper-Zambia, 29.8% from Aluminium, 6.6% from Power, 21.1% from Zinc-India, 13.5% from Oil and Gas, 11.0% from Copper-India/Australia, 5.1% from Others and 5.8% from Other

Vedanta Resources revenue breakdown by geographic segment: 61.6% from India, 24.5% from Others, 7.8% from China and 6.1% from Other

Vedanta Resources Cybersecurity Score

Cybersecurity ratingPremium dataset

B

87/100

SecurityScorecard logo

Vedanta Resources Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

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Vedanta Resources Online and Social Media Presence

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Vedanta Resources News and Updates

Vedanta Resources Calls Off Consent Plea After Investor Feedback

Vedanta Resources Calls Off Consent Plea After Investor Feedback

Vedanta Resources Bonds Rise After Open Offer for Its India Unit

Vedanta Resources’ bond rose after the miner launched an open offer for its India unit.

Vedanta Resources Launches Open Offer for 10% of India Unit

Vedanta Resources Launches Open Offer for 10% of India Unit

Vedanta Resources Limited Announces the Tender Offer Results as at the Expiration Time with respect to the Tender Offer for its 8.25% Bonds due 2021

VEDANTA RESOURCES LIMITED (formerly known as Vedanta Resources plc) (the "Company") Offer to Purchase for Cash Any and All of the Outstanding 8.25% Bonds due 2021 (CUSIP: G9328DAG5 and 92241TAG7; ISIN: USG9328DAG54 and US92241TAG76; Common Code: 063200760 and 063199974) LONDON, Jan. 5,...

Vedanta Resources to Issue $400 Million Notes to Oaktree

The new deal with Oaktree comes after Vedanta Resources sold $1 billion of securities earlier this month.

Vedanta Resources Offers Bond With One of Highest Yields in Asia

Mining giant offers notes with initial guidance at 14.5% area. Note sale aims to fund tender offer for $670 million of bonds.
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Vedanta Resources Frequently Asked Questions

  • When was Vedanta Resources founded?

    Vedanta Resources was founded in 1976.

  • Who are Vedanta Resources key executives?

    Vedanta Resources's key executives are Anil Agarwal, Sunil Duggal and Navin Agarwal.

  • How many employees does Vedanta Resources have?

    Vedanta Resources has 27,927 employees.

  • What is Vedanta Resources revenue?

    Latest Vedanta Resources annual revenue is $14 b.

  • What is Vedanta Resources revenue per employee?

    Latest Vedanta Resources revenue per employee is $502.4 k.

  • Who are Vedanta Resources competitors?

    Competitors of Vedanta Resources include China Steel, Mytilineos and ALFA.

  • Where is Vedanta Resources headquarters?

    Vedanta Resources headquarters is located at 30 Berkeley Square, Mayfair, London.

  • Where are Vedanta Resources offices?

    Vedanta Resources has offices in London and Gurugram.

  • How many offices does Vedanta Resources have?

    Vedanta Resources has 2 offices.