VAML
Vedanta Aluminium Metal Limited
NSELast Traded Price
₹354.8
-1.65 (-0.46%)
Open
₹356.45
High
₹363.85
Low
₹352.1
Prev Close
₹356.45
Industry
Aluminium
Market Cap
138740.57 Cr
Filing History
Recent corporate announcements and filings for VAML
Business Update
Neutral
2026-11-02 11:12
- Transcript of the Earnings Conference Call for Q2 and H1 ended September 30, 2026, is available on the company's website.
- The call covered the unaudited standalone and consolidated financial results.
Business Update
Neutral
2026-10-28 20:19
- Audio recording of Earnings Conference Call for Q2 and H1 ended September 30, 2026, has been made available.
- The recording can be accessed on the company's website at www.vedantaaluminium.com.
Financials
Positive
2026-10-28 15:24
Q2 FY27 Consolidated Revenue ₹22,066 Cr vs ₹15,670 Cr (▲41% YoY)
EBITDA ₹10,192 Cr vs ₹5,582 Cr (▲83% YoY)
PAT ₹6,187 Cr vs ₹3,012 Cr (▲105% YoY)
EBITDA Margin 46% vs 36% (▲1056bps)
Business Update
Positive
2026-10-28 15:24
- Q2 FY27 revenue rose 41% YoY to ₹22,066 crore; PAT doubled to ₹6,187 crore.
- EBITDA increased 83% YoY to ₹10,192 crore with an EBITDA margin of ~46%.
- Net debt reduced by ₹3,090 crore QoQ; Net Debt/EBITDA reached 0.7x.
- India Ratings upgraded credit rating to AA+ (Stable).
Financials
Positive
2026-10-28 15:20
Q2 FY27 Consolidated Revenue ₹22,324Cr vs ₹15,943Cr (▲40% YoY)
EBITDA ₹9,628Cr vs ₹5,544Cr (▲74% YoY)
PAT ₹6,187Cr vs ₹3,012Cr (▲105% YoY)
EBITDA Margin 43.1% vs 34.8% (▲836bps)
Total Dividend Declared: ₹8 per share
Governance
Neutral
2026-10-28 14:18
- Vedanta Aluminium Metal Limited approved the grant of 49,65,124 performance-based stock options under VAML ESOP 2026 on October 28, 2026.
- Options are granted to eligible employees, including KMP and Senior Management.
- Exercise price is set at the par value of ₹1 per equity share.
- Vesting period is 36 months from the grant date, with an exercise window of 8 months from vesting.
Business Update
Neutral
2026-10-22 16:41
Concall Schedule
Concall Date: October 28, 2026
Concall Time: 5:00 PM to 6:00 PM (IST)
Business Update
Positive
2026-10-03 17:26
- Vedanta Aluminium Metal Limited reported its highest-ever quarterly aluminium production at 649 KT for Q2 FY27 (up 5% YoY).
- Alumina production reached a record 895 KT in Q2 FY27, surging 37% YoY driven by the ramp-up and stabilization of the expansion circuit.
- Value-Added Products (VAP) production increased by 31% YoY to 432 KT in Q2 FY27.
- Consent to Operate (CTO) has been successfully obtained for the Sijimali Bauxite Block.
Routine
Neutral
2026-10-01 21:37
- Vedanta Aluminium Metal Limited announced that the Hon'ble High Court of Orissa dismissed its writ petition challenging the provisions of the bauxite linkage policy on October 01, 2026.
- The company is currently reviewing the judgment and evaluating its next steps, including available legal options.
Governance
Neutral
2026-10-01 17:45
- Vedanta Aluminium Metal Limited submitted the voting results and scrutinizer's report for the Postal Ballot concluded on September 30, 2026.
- All 11 resolutions, including the appointment of statutory auditors, implementation of ESOP 2026, Employee Share Purchase Plan 2026, and material related party transactions, were duly approved by members with the requisite majority.
Business Update
Positive
2026-09-30 18:12
- Vedanta Aluminium Metal Limited has informed the exchange that ICRA Limited has reaffirmed the company's credit rating.
- The credit rating is reaffirmed at ICRA AA+ with a Stable outlook.
Financials
Neutral
2026-09-30 16:34
- Vedanta Aluminium Metal Limited has informed the exchange that CRISIL Ratings Limited has reaffirmed the company's credit ratings at CRISIL AA+ / Stable / CRISIL A1+ on September 30, 2026.
Routine
Neutral
2026-09-28 14:42
- Trading window for Designated Persons closed effective October 01, 2026.
- Closure remains until 48 hours after declaration of Q2 and half-year ended September 30, 2026 financial results.
- Result declaration date to be announced in due course.
Governance
Neutral
2026-09-24 16:54
- Vedanta Aluminium Metal Limited provided clarifications on recommendations issued by proxy advisory firm IiAS regarding Postal Ballot Notice items (Item no. 2 to 5).
- Clarified that VAML ESOP 2026 vesting is 100% performance-linked with no time-based or guaranteed vesting, tied to metrics like volume, cost, EBITDA, FCF, and carbon footprint.
- Explained that the extension of ESOP to holding/subsidiary companies ensures alignment of key talent, with costs cross-charged to relevant entities.
- Noted that secondary market acquisition mechanism is to prevent equity dilution and efficiently implement the ESOP scheme.
Governance
Positive
2026-08-31 17:52
- Postal Ballot Notice for shareholder resolutions via e-voting from September 01 to September 30, 2026.
- Key resolutions include appointing Statutory Auditors and approving Employee Stock Option Plan 2026 (4.25% of paid-up capital) and Employee Share Purchase Plan 2026 (0.75% of paid-up capital) for employees, including their extension to holding/subsidiary company employees.
- Also covers approval of secondary acquisition of shares through Trust and material related party transactions.
Routine
Neutral
2026-08-27 17:58
New Filing detected. See link for details.
Business Update
Positive
2026-08-20 17:06
- Vedanta Aluminium launched two new advanced metal offerings, Copper-Doped Alloy and Vedanta Foundry Alloy (VFA), for the automotive industry at AutoEdge 2026.
- Copper-Doped Alloy is designed for high-performance automotive applications, enhancing durability and wear resistance.
- Vedanta Foundry Alloy (VFA), developed with IIT Delhi, offers lightweighting, higher strength, and improved corrosion resistance for conventional and electric vehicle applications.
- The company is expanding its value-added products portfolio to 90% and is poised to become the world's largest primary billet producer with a capacity of 1.25 million tonnes per annum.
Business Update
Positive
2026-08-13 20:11
- India Ratings and Research upgraded Vedanta Aluminium Metal Limited's long-term rating to 'IND AA+ / Stable' from 'IND AA- / Rating Watch with Developing Implications'.
- Non-Convertible Debentures also assigned 'IND AA+' rating.
Business Update
Neutral
2026-08-07 17:08
- Investor Meet Schedule
- August 12, 2026: Emkay Confluence 2026- India: Full Throttle Ahead (In person Group Meeting, Mumbai)
- August 17, 2026: Motilal Oswal 22nd Annual Global Investor Conference (In person Group Meeting, Mumbai)
- Latest investor presentations will be accessible on the company's website.
Business Update
Neutral
2026-08-07 17:07
- Investor Meet Schedule
- August 12, 2026: Emkay Confluence 2026- India: Full Throttle Ahead, In person Group Meeting, Mumbai
- August 17, 2026: Motilal Oswal 22nd Annual Global Investor Conference, In person Group Meeting, Mumbai
- Latest investor presentations available on company website.
Business Update
Positive
2026-08-07 16:59
- BALCO, a subsidiary of Vedanta Aluminium, has been declared the 'Preferred Bidder' for the Karlapat Bauxite Block in Odisha.
- The block has estimated mineral reserves of approximately 248 Million Tonnes over an area of 1,822.61 hectares.
- This acquisition is for strategic backward integration for the Company's business.
Business Update
Neutral
2026-08-06 16:43
- Vedanta Aluminium responded to a news item on August 06, 2026, regarding a rumor of raising ₹13,500 crore from Axis, HDFC, and ICICI Bank after demerger.
- The company clarified it continuously evaluates financing opportunities in the ordinary course of business but has not disclosed any unpublished price sensitive information (UPSI) regarding this specific rumor.
Business Update
Neutral
2026-08-04 18:41
- Vedanta Aluminium Metal Limited has filed the transcript of its Earnings Conference Call for the first quarter ended June 30, 2026.
- The transcript covers Unaudited Financial Results (Consolidated and Standalone).
- It is available on the company's website.
Business Update
Positive
2026-08-01 17:06
- Vedanta Aluminium Metal Limited's CIN changed from U24202MH2023PLC411663 to L24202MH2023PLC411663.
- The company's status on the MCA portal updated from "Unlisted" to "Listed" following the listing of its equity shares on June 15, 2026.
Business Update
Positive
2026-07-31 14:53
- Updates earlier filing regarding definitive agreements with Serentica Renewable India 9 Private Limited for a Battery Energy Storage System (BESS).
- Revised BESS capacity to 142.5-150 MW with 90-95% assured supply, utilizing the existing 600 MW Solar Power Delivery Agreement.
Routine
Neutral
2026-07-30 20:34
New Filing detected. See link for details.
Business Update
Positive
2026-07-30 14:47
- Board of Directors approved definitive agreements with Serentica Renewable India 9 Private Limited (SRI9PL) for a 150 MW Round-The-Clock (RTC) renewable power solution with a Battery Energy Storage System (BESS).
- Vedanta Aluminium Metal Limited (VAML) will infuse INR 165 Crore, representing a 26% investment in the project.
- The project aims to convert existing solar power to a RTC solution, ensuring reliable renewable power supply, supporting decarbonization, and reducing dependence on higher-cost conventional power.
- Power delivery is expected within 12 months, under a 25-year BOOM arrangement.
Financials
Positive
2026-07-30 14:43
- Consolidated Revenue ₹21,105 Cr vs ₹14,557 Cr (▲45% YoY)
- EBITDA ₹10,499 Cr vs ₹4,479 Cr (▲134% YoY)
- PAT ₹6,597 Cr vs ₹2,162 Cr (▲205% YoY)
- EBITDA Margin 50% vs 31% (▲1897 bps YoY)
- Board approved a maiden interim dividend of ₹8/share.
- Credit rating upgraded to AA+ (Stable) by CRISIL and ICRA.
- Net Debt to EBITDA improved to 0.9x from 1.3x in Q4FY26.
Governance
Positive
2026-07-30 14:39
- Board approved a First Interim Dividend of ₹8/- per equity share for FY 2026-27, totaling ₹3,128.55 Cr. Record date: August 05, 2026.
- Approved Employee Stock Option Plan 2026 (ESOP) and Employee Share Purchase Plan 2026 (ESPP) for employees.
Governance
Positive
2026-07-30 14:39
- The Board approved a First Interim Dividend of ₹8/- per equity share for FY 2026-27, amounting to ₹3,128.55 Crores. The record date for payment is August 05, 2026.
- Approved the formulation, adoption, and implementation of Vedanta Aluminium Metal Limited - Employee Stock Option Plan 2026 (VAML ESOP 2026) and Employee Share Purchase Plan 2026 (VAML ESPP 2026) for eligible employees, covering up to 5% of the total paid-up share capital (4.25% for ESOP, 0.75% for ESPP), subject to member approval.
Financials
Positive
2026-07-30 14:27
- Consolidated Revenue ₹21,393Cr vs ₹14,654Cr (▲46.01% YoY)
- EBITDA ₹10,499Cr vs ₹4,479Cr (▲134.41% YoY)
- PAT ₹6,597Cr vs ₹2,162Cr (▲205.13% YoY)
- EBITDA Margin 49.08% vs 30.57% (▲1851bps)
- Board approved a first interim dividend of ₹8 per equity share for FY 2026-27.
Financials
Positive
2026-07-27 17:16
- Board meeting on July 30, 2026, to consider Q1 FY27 financial results and approve the First Interim Dividend.
- Record date for the interim dividend, if declared, is August 05, 2026.
- Trading Window for Designated Persons closed from July 01, 2026, to August 01, 2026.