World-class natural resources powerhouse with low cost, long-life and diversified asset base
Well-placed to contribute to and capitalise on India’s growth and benefit through the cycle with an attractive commodity mix
Proven track record of operational excellence with high productivity and consistent utilisation rates
Focussed on digitalisation and innovation to drive efficiency and resilience
Disciplined capital allocation framework with emphasis on superior and consistent shareholder returns
Robust financial profile with strong ROCE, increasing EBITDA and a stronger balance sheet
Committed to ESG leadership in the natural resources sector
Vedanta has an extensive and diversified asset portfolio, which is characterised by global cost leadership in several core businesses enabling superior margins and free cash flow generation across the commodity cycle. With ongoing investments in capacity creation and efforts for structural cost reduction and operational efficiency, we continue to reinforce our cost competitiveness. Our robust commodity mix, focussed on base metals and oil, that have strong fundamentals and robust demand further gives resilience to our business.
Jharsuguda Smelter
Lanjigarh Refinery
Coal mines
BALCO Smelter
Captive Power
Smelter Capacity
Captive Power
BMM and Gamsberg Mine
Mine R&R
Pig Iron Capacity
Steel Capacity
FACOR Capacity
TSPL
Athena
JSG IPP
Meenakshi
Silvassa Refinery
Tuticorin
Vedanta continued its strong growth momentum and witnessed steady volume augmentation and cost reduction across key businesses, with aluminium and Zinc, Steel, Iron Ore, Pig Iron, Ferrochrome businesses delivering record performance.
Indian economy, on the back of significant infrastructure investment and the government’s focus on manufacturing and urbanisation, is growing rapidly. This alongside the emphasis on a green economy, electronics and digitalisation is likely to push the per capita metal consumption, presently below the global average. Expectation of healthy economic growth at 8.6% CAGR during 2022-2030 augurs well for the minerals demand. Vedanta’s operations, being primarily India-focussed, are poised to benefit from the economic momentum. The following advantages position us uniquely in this market:
Reserves: 7.4 million tonnes
Reserves: 5.5 billion tonnes
Reserves: 4.4 billion barrel
Reserves: 660 million tonnes
We have a track record of consistently delivering phenomenal production growth across our assets. We ensure this through our disciplined approach to development, ensuring steady production growth across operations while prioritising efficiency and cost savings. We further leverage our management team’s extensive sectoral and global experience alongside investments in digitalisation, automation and vertical integration, to operate efficiently and responsibly.
Vedanta has been at the forefront of digitalisation, adopting a digital-first culture that ensures sustained technology innovation and digital literacy of the entire workforce. Enabled by this, we have successfully implemented an organisation-wide digital transformation. This includes ongoing investments in advanced Industry 4.0 technologies like deploying Digital Twin and Advanced Process Control, to enhance operational efficiency.
We are among the few companies to deploy cutting-edge digitalisation at mines, which ensures highly efficient and safe remote operations. We further collaborate with established startups and partners to implement cutting-edge digital solutions. These efforts have contributed to volume gains and cost optimisation, contributing to EBITDA improvement.
Our robust capital allocation policy supports achieving our long-term growth and optimal shareholder returns objectives. The policy aligns three key areas of capital expenditure, dividend policy and selective inorganic growth. Guided by consistent, disciplined and balanced capital allocation, it ensures long-term balance sheet integrity, optimal leverage management and maximisation of total shareholder returns. It is a result of this, Vedanta has been able to commit substantial capex investment and pay high dividends to shareholders, without stressing the balance sheet.
We have a proven track record of delivering consistent growth across all financial parameters, driven by sustained investment in new capacities and operational efficiencies, which have strengthened our financial foundation. In FY 2023-24, despite market volatilities, we maintained a resilient performance:
