Vedanta Oil and Gas Limited share price

NSE: VOGL · ISIN INE704J01044

Key numbers

Market cap
₹ 13,419 Cr
Current price
₹ 34.37
52-week high / low
₹ 48 / 30
Stock P/E
248.5
Book value
₹ -202.9
Dividend yield
0.00%
ROCE
4.5%
ROE
0.4%
Debt to equity
0.36
Sales growth (3 yrs)
161.8%
Profit growth (3 yrs)
-
1-year return
-

About Vedanta Oil and Gas Limited

Vedanta Oil and Gas Limited engages in the exploration and production of oil and gas. It holds interests in 44 blocks covering an area of approximately 47,000 square kilometers in India. The company was formerly known as MALCO Energy Limited and changed its name to Vedanta Oil and Gas Limited in June 2026. The company was incorporated in 2001 and is based in Gurugram, India. Vedanta Oil and Gas Limited operates as a subsidiary of Vedanta Resources Limited.

Quarterly results

Consolidated figures in ₹ crores

Jun 2025Jun 2026
Sales2,3032,507
Operating profit-15973
Net profit-103945
EPS (₹)-0.262.42

Concall summary (2026-08-05)

AI summary of the earnings call transcript · tone: Positive · source document

Guidance & outlook

  • While 85% of our coal requirement is backed by long-term coal linkages and provides with strong stability and visibility of the revenues and the cost.
  • The 10 million ton per annum tailing reprocessing plant is under construction and is expected to b e completed by quarter 4 of FY28, while the 250,000 tons per annum expansion project of smelter is expected to commission by quarter 2 of FY29.

Growth & demand

  • Today, approximately 74% of our total volume is secured through medium and long -term PPAs.
  • Meenakshi energy delivered highest-ever quarterly EBITDA of INR112 crores backed by the higher sales volume of around 1,350 million units.

Margins & costs

  • Our revenue stood at INR 2,507 crores, which is 3% lower quarter -on-quarter basis and EBITDA at INR1,232 crores being 16% higher on a quarter-on-quarter basis, resulting in an EBITDA margin of 49% for the current quarter.
  • In iron ore business, production increased by 4% year-on-year to 2.6 million tons and EBITDA margin improved by 24% year -on-year, on the back of better realization and cost efficiencies.

Capex & expansion

  • July 30, 2026 Internal (C3) Talwandi Sabo improved its plant availability to 86% from 77% on a Q-o-Q basis and achieved higher biomass co -firing of 7.9%, which is highest among the NCR region power plants.
  • As we speak, the rest of the 25% capacity -- and this is with the 25% capacity being commissioned.

Balance sheet & cash

  • Net debt remained flattish compared with the previous quarter, reflecting our continued focus on cash flow management and deleveraging.
  • The company continues to maintain a strong balance sheet, with net debt -to-EBITDA ratio of 1.3x, and return on capital employed of 16%.

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