Aug 02, 2025 . Read 5 min
Committed to creating an unparalleled and sustainable shareholder value
Team Vedanta
Invested in the Future of Value
In a rapidly transforming global economy, wealth creation requires more than just strong revenues; it demands scale, strategy, and sharp execution. Vedanta Limited, India’s leading critical minerals, energy transition metals, power, and technology conglomerate, has emerged as a clear leader on all three fronts.
Big Numbers, Bigger Momentum
At the heart of Vedanta's wealth creation engine is its robust financial performance. In FY25, the company clocked the highest ever consolidated revenue of ₹1,50,725 crore, up 10% Year-on- Year (YoY), and an EBITDA of ₹43,541 crore-second highest ever, up 37% YoY. Despite commodity market volatility, Vedanta's profit after tax for FY25 stood at ₹20,535 crores up 172% YoY.
Dividend distribution is another clear marker of its wealth creation agenda. Vedanta declared a dividend of r ₹43.5 per share in FY25 totaling to ₹ 16,798 crore. Vedanta was also recognized as the top wealth creator amongst NIFTY 100 companies with total shareholder returns of 87%.
Strategic Expansion = Scalable Returns
Vedanta's core strategy is built around vertical integration and capacity expansion. This approach not only helps the company secure raw material supplies but also reduces costs and improves margin reliability. Aluminium, zinc, oil and gas, steel, power, and iron ore, the company has scaled across each segment, with multiple businesses achieving record-breaking production volumes in FY25.
Aluminium: Record production of 2,421 kt, up 2% YoY. Annual Alumina production jumped 9% YoY, supported by the commissioning of a new train
Zinc India: Highest-ever mined metal production of 1,095 kt, driven by improved mined metal grades and mills recovery.
Steel and Iron Ore: ESL Steel maintained steady operational efficiency with 1.34 million tonnes of finished steel production for the year, while Karnataka mines recorded 4.8 million tonnes in annual sales
Oil & Gas: Maintained annual average production at 103.2 kboepd while advancing drilling plans in key exploration blocks.
What's notable is that Vedanta doesn't just grow volumes; it focuses on cost leadership. The aluminium and zinc segments rank among the lowest-cost producers globally, ensuring profitability even in downturns.
Capital Allocation That Delivers
A hallmark of Vedanta's value-creation approach is its disciplined capital allocation. In FY25, the company invested ₹12,676 crore in strategic growth and expansion, following ₹12,267 crore in FY24 and ₹10,271 crore in FY23. These investments are being channelled into high-return projects, like capacity upgrades, vertical integration, and technology enhancement, while maintaining strong free cash flows.
Even as it invests heavily in infrastructure, Vedanta has kept its balance sheet in check. Its net debt to EBITDA ratio stands at 1.2x, and liquidity remains robust at ₹20,603 crore. Parent company Vedanta Resources has reduced US$4 billion in debt over three years.
Unlocking Value Through Demerger
One of Vedanta's most significant wealth creation moves is the planned demerger of its businesses into five independent, pure-play companies. This strategic restructuring is aimed at unlocking intrinsic value across each business vertical: Vedanta Aluminium, Vedanta Oil & Gas, Vedanta Power, Vedanta Iron & Steel, and the core Vedanta Limited.
Following the demerger, shareholders of Vedanta Limited will receive shares in each of the newly listed companies. This approach enables: Independent capital raising for each vertical, focused leadership and strategy, better market valuation for high-potential segments, and direct investor access to preferred sectors. In short, this move is expected to create a more agile, investible, and high-growth ecosystem for long-term wealth creation.
The Road Ahead
Amid rising global demand for critical minerals, Vedanta is expanding in cobalt, nickel, vanadium, and other critical minerals essential for global energy transition. This focus strengthens India's self-reliance while positioning Vedanta as a key enabler of the low-carbon future, adding structural value and supporting resilient growth.
With India's economy poised to grow at a rate of ~7% CAGR and massive infrastructure and industrial demand ahead, Vedanta is strategically aligned to capture value. Its combination of diversified assets, cost discipline, scalable capacity, and smart financial engineering makes it one of the most exciting wealth-creation stories in Indian industry today.
