Vedanta Dividend History: Q3 Profit Warning Raises Questions Amidst Payout Records, Vedanta’s Dividend Record Date and the Significance of Profit Warning

Vedanta share

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The recent update of Vedanta Limited/Dividend

  • Vedanta Limited is a leading Indian business player. The company announced its 2023 dividend. The company has the highest dividend-paying stock in India.
  • The Board of Directors approved a second interim dividend of ₹11 per equity share. It is a significant 1100% increase from the face value of ₹1.
  • The company informed that the total amount of this dividend is approximately ₹4,089 crores.
  • The record date for the dividend payment is set for Wednesday, December 27, 2023.
  • The company plans to raise ₹3,400 crores through the issuance of debentures, each carrying a face value of ₹100,000.
  • Vedanta Resources, a major corporation, holds a substantial 63.7% stake in Vedanta Ltd.
  • Despite a consolidated net loss of ₹915 crores in Q2 2023–24, the company showed resilience in its revenue from operations, registering a growth of 6.37%.

History of Vedanta Dividend

Ex-Date Dividend Amount (₹) Dividend Type Record Date Instrument Type
27 Dec 2023 11.00 INTERIM 27 Dec 2023 Equity Share
30 May 2023 18.50 INTERIM 30 May 2023 Equity Share
06 Apr 2023 20.50 INTERIM 07 Apr 2023 Equity Share
03 Feb 2023 12.50 INTERIM 04 Feb 2023 Equity Share
29 Nov 2022 17.50 INTERIM 30 Nov 2022 Equity Share
26 Jul 2022 19.50 INTERIM 27 Jul 2022 Equity Share
06 May 2022 31.50 INTERIM 09 May 2022 Equity Share
09 Mar 2022 13.00 INTERIM 10 Mar 2022 Equity Share
17 Dec 2021 13.50 INTERIM 20 Dec 2021 Equity Share
08 Sep 2021 18.50 INTERIM 09 Sep 2021 Equity Share
28 Oct 2020 9.50 INTERIM 31 Oct 2020 Equity Share
05 Mar 2020 3.90 INTERIM 07 Mar 2020 Equity Share
13 Mar 2019 1.85 INTERIM 14 Mar 2019 Equity Share
06 Nov 2018 17.00 INTERIM 10 Nov 2018 Equity Share
20 Mar 2018 21.20 INTERIM 21 Mar 2018 Equity Share
11 Apr 2017 17.70 INTERIM 12 Apr 2017 Equity Share
07 Nov 2016 1.75 INTERIM 08 Nov 2016 Equity Share
30 Oct 2015 3.50 INTERIM 02 Nov 2015 Equity Share
06 Jul 2015 2.35 FINAL Equity Share
03 Nov 2014 1.75 INTERIM 05 Nov 2014 Equity Share
04 Jul 2014 1.75 FINAL Equity Share
06 Nov 2013 1.50 INTERIM 07 Nov 2013 Equity Share
31 May 2013 0.10 FINAL Equity Share
08 Jun 2012 2.00 FINAL Equity Share
01 Feb 2012 2.00 INTERIM 02 Feb 2012 Equity Share
30 Jun 2011 3.50 FINAL Equity Share
02 Jul 2010 3.25 FINAL Equity Share
31 Jul 2009 2.25 FINAL Equity Share
11 Jul 2008 30.00 FINAL Equity Share
06 Feb 2008 15.00 INTERIM 07 Feb 2008 Equity Share
21 Sep 2007 25.00 FINAL Equity Share
19 Feb 2007 15.00 INTERIM 20 Feb 2007 Equity Share
04 Dec 2006 25.00 FINAL Equity Share
13 Mar 2006 15.00 INTERIM 14 Mar 2006 Equity Share
11 Jul 2005 20.00 FINAL Equity Share
06 Jan 2005 5.00 INTERIM 07 Jan 2005 Equity Share
28 Jun 2004 8.00 FINAL Equity Share
12 Feb 2004 2.00 INTERIM 13 Feb 2004 Equity Share
09 Sep 2003 2.50 FINAL Equity Share
20 Jun 2002 0.00 FINAL Equity Share
23 Jul 2001 0.00 FINAL Equity Share

About Vedanta Limited

  • Vedanta Limited is a global powerhouse in natural resources.
  • The company has a diverse portfolio of key interests, including aluminum, zinc-lead-silver, oil and gas, iron ore, steel, copper, power, ferroalloys, nickel, semiconductors, and glass.
  • The company has strategic assets located across India, South Africa, Namibia, and Liberia.
  • The company is committed to sustainable growth through investments in low-cost, diversified assets.
  • The company prioritizes smarter processes, industry-leading efficiencies, and workforce empowerment.
  • The company knows that it emphasizes corporate governance and responsible business practices.
  • The company’s strategic decisions are backed by disciplined capital allocation and a robust cash flow framework.
  • The company aligns activities with national goals, fostering progress while maintaining ethical and sustainable practices.

Management of Vedanta Limited

Name Designation
Anil Agarwal Non Executive Chairman
Sunil Duggal WholeTime Director & CEO
Upendra Kumar Sinha Ind. Non-Executive Director
Dindayal Jalan Ind. Non-Executive Director
Navin Agarwal Executive Vice Chairman
Priya Agarwal Non Exe.Non Ind.Director
Akhilesh Joshi Ind. Non-Executive Director
Padmini Somani Ind. Non-Executive Director

Registered Address

1st Floor, ‘C’ Wing,
Unit 103, Corporate Avenue,,Atul Projects,
Mumbai
Maharashtra
400093

Tel: 022-66434500
Fax: 022-66434530
Email: comp.sect@vedanta.co.in
Website: http://www.vedantalimited.com

Industry Type

Sector: Metals & Mining
Sub Sector: Diversified Metals
Classification: Largecap
Industry Name: Mining / Minerals / Metals
BSE Scrip Code: 500295
NSE Scrip code:  VEDL
ISIN: INE205A01025

Pros & Cons of Vedanta LimitedVedanta Limited is a global powerhouse in natural resources.Vedanta Limited is a global powerhouse in natural resources.

Historical Performance

Years Low High
1 Year 208.00 338.25
3 Years 160.30 440.25
5 Years 60.20 60.20

Investment Returns

Period Returns
1 year -19.20%
2 Years -17.12%
3 Years 59.56%
4 Years 77.09%
5 Years 35.39%

Technical Analysis of Vedanta Limited

ChartVedanta Limited is a global powerhouse in natural resources.

Fundamental Analysis of Vedanta Limited

Metric Value
Market Cap ₹ 97,986 Cr.
Current Price ₹ 264
High / Low ₹ 338 / ₹ 208
Stock P/E 19.7
Book Value ₹ 85.0
Dividend Yield 38.5%
ROCE 21.2%
ROE 20.4%
Face Value ₹ 1.00
Pledged Percentage 100.0%
Debt to Equity 2.38
Return on Equity 20.4%
Debt ₹ 75,064 Cr.

Peer ComparisonVedanta Dividend History: Q3 Profit Warning Raises Questions Amidst Payout Records, Vedanta's Dividend Record Date and the Significance of Profit Warning

Shareholding of Vedanta LimitedVedanta Limited is a global powerhouse in natural resources.

Last 5 Years’ Sales (In Cr.)

March 2019 March 2020 March 2021 March 2022 March 2023
92,048 84,447 88,021 132,732 147,308

Last 5 Years’ Net Profit (In Cr.)

March 2019 March 2020 March 2021 March 2022 March 2023
9,698 -4,744 15,032 23,710 14,503

Last 5 Years’ Borrowings (In Cr.)

March 2019 March 2020 March 2021 March 2022 March 2023
66,226 59,185 57,667 53,583 66,628

Compounded Sales Growth

10 Years: 49%
5 Years: 10%
3 Years: 20%
TTM: -2%

Compounded Profit Growth

10 Years: 17%
5 Years: 4%
3 Years: -10%
TTM: -65%

CAGR

10 Years: 3%
5 Years: 7%
3 Years: 17%
1 Year: -18%

Return on Equity

10 Years: 14%
5 Years: 21%
3 Years: 24%
Last Year: 20%

Cash Flow (In Cr.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Operating Activities 23,754 19,300 23,980 34,963 33,065
Investing Activities -10,594 -5,925 -6,678 -2,243 -668
Financing Activities -10,242 -15,547 -17,565 -28,903 -34,142
Net Cash Flow 2,918 -2,172 -263 3,817 -1,745

Revenue and Profit Trend

Financial Year Revenue Growth Profit Growth
FY 2022-23 7.59% 58.63%
FY 2021-22 69.01% 64.19%
FY 2020-21 4.41% -256.02%
FY 2019-20 -7.21% -232.65%
FY 2018-19 -15.11% -30.06%

 

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Conclusion

This is a comprehensive guide to Vedanta Limited. The above-mentioned information and data are as of January 27, 2024. These figures and projections are based on our research, analysis, company fundamentals and history, experiences, and numerous technical analyses. In addition, we have discussed in depth the share’s prospects and growth potential. Hopefully, these details will be useful in your future investments. If you’re new to our website and want to stay up-to-date on the newest stock market news, join our Telegram group. If you have any further questions, please leave them in the comments section below. We will gladly address all of your inquiries. If you enjoyed this information, please share it with as many people as possible.

Disclaimer: Dear Readers,

  • We are not authorized by SEBI (Securities and Exchange Board of India).
  • The information provided above is for educational purposes and should not be considered financial advice or stock recommendations.
  • Share price predictions are for reference purposes and are based on positive market indicators.
  • The analysis does not account for uncertainties about future or current market conditions.
  • The author, brokerage firm, or Finreturns.com are not liable for losses resulting from decisions.
  • Finreturns.com advises consulting with certified experts before investment decisions.
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