buoyantintelligence
  • 01Overview
  • 02Portfolio
  • 03Company Atlas
    • Buoyant book
    • All listed companies
  • 04Screener & valuation
  • 05House view
  • 06Markets
  • 07India top-down
  • 08Investors
  • 09Library & data
Release
August 2026 · rev 1
Opportunities PMS · Published
As at 31 Aug 2026 · IST₹ · ₹ cr · BSE 500 TRI
Present
Internal working platform. Published figures are extracted from the August 2026 source package and reviewed; reference prices and fundamentals are unlicensed working data, not for redistribution. Past performance is not indicative of future returns.
Company Atlas/Materials/Vedanta Aluminium Metal
NSE: VAML· MaterialsCore · Aug 26Large cap

Vedanta Aluminium Metal

Lowest-cost aluminium in a deficit

Last close
₹434.45
29 Sept 2026 · reference
1D · 1M
+3.4% · −4.8%
price-only
Weight
2.2%
31 Jul 2026 · Aug rank 17
Thesis review
8 Sep 2026
Why We Own, p63
Coverage owner: Research (per book); latest results Q Jun-26Buoyant AIF I Top 30 Holdings - Aug 2026.pdf · p1Buoyant_Why_We_Own_What_We_Own_Sep2026.pdf (portfolio as of 31 July 2026) · p63Screener ↗Tijori ↗NSE ↗
OverviewBusiness & segmentsChartsFinancialsValuationThesisRisks & catalystsCompetitorsResearch & documents
Analysis · industrial rules · FY24–FY26

What the numbers say

data to 30 Jun 2026
Growth
3.5
Profitability
2.5
Balance sheet
2.5
Cash conversion
n/a
Valuation
4.5
Net Profit-0 cr FY26
Operating margin0% FY26
ROCE40.6% FY26
Revenue CAGR 3y
0.0%
5y 0.0%
Net profit CAGR 3y
24.4%
5y 0.0%
Operating margin
0.0%
FY26
ROCE
40.6%
3y avg 104.7%
Debt / equity
-0.84x
interest cover -4.6x
Cash conversion cycle
0 days
P/E
0.0x
PEG 0.0 on 3y PAT growth
Promoter holding
56.4%
FII 12.6% · DII 13.9%
  • Growth. Revenue compounded 0.0% a year over three years, net profit 24.4%. · Tijori screener 3-yr growth fields (statement sheet carries a shorter history)
  • Returns on capital. ROCE 40.6% and ROE 49.4% in FY26 (three-year average ROCE 104.7%). · Tijori ratios sheet
  • Balance sheet. Effectively debt-free. · Tijori ratios sheet
  • Valuation. 0.0x trailing earnings, -2.2x EV/EBITDA, 0.0x book — 0.0x the three-year profit growth rate. · Tijori valuation ratios at the latest price
Forensic flags · Tijori
Accounting & Shareholding
  • Depreciation Effect: Depreciation accounting is not leading to increase in profits
  • Pledge: Promoters have not pledged a significant portion of their holding
  • Retail Holding: Retail has been buying the stock which is usually a sign of exuberance
  • Revenue Recognition: Unable to calculate due to limited data
  • Contingent Liabilities: Unable to calculate due to limited data
  • Other Income: Unable to calculate due to limited data
  • Promoter Holding: Promoter has not sold any shares in the last 90 days
Price & Performance
  • ROE: Unable to calculate due to limited data
  • Share price: Share price has decreased over last 10 years more due to earnings
  • Working Capital: Working capital of the company seems to be under control
  • Capex vs ROCE: Unable to calculate due to limited data
  • Current vs Historic Valuation: Unable to calculate due to limited data
  • Debt: Company might have issues servicing its debt
  • Sales Growth: Unable to calculate due to limited data
  • Margin Stability: Unable to calculate due to limited data
  • ROCE Strength: Unable to calculate due to limited data
  • Balance Sheet Strength: Balance sheet of the company is strong. it shouldnt have solvency or liquidity issues

Rules over the stated numbers only — CAGRs need positive start and end values, margins use the company's own OPM line, cash conversion is cumulative operating cash flow over cumulative profit for the last three fiscal years. Scores are 0–5 rule outputs, not a recommendation. Source: Tijori Finance normalised statements; Buoyant's own estimates are shown separately below and never blended in.

Cross-check

Same metric, every source · Vedanta Aluminium Metal

Where the app shows the same metric in more than one place, this table lists each figure with its period and definition. No two sources disagree on the same period and definition; every difference below is a period or definition difference.

MetricSourcePeriodDefinitionValueVerdict
Return on equityTijori ratio tableFY26net profit ÷ year-end equity (Tijori)49.39%Different basis
Figures differ because they measure different periods or definitions; each is labelled.
Tijori screenerTTMtrailing 12 months (Tijori)49.39%
Net profitTijori P&LFY26consolidated, annual₹-0 crDifferent basis
Figures differ because they measure different periods or definitions; each is labelled.
Tijori screenerTTMtrailing 12 months₹6,031 cr
House model (one-pager)FY26standalone, annual₹14,153 cr
Tijori quarterly tableQ Jun-26single quarter₹5,629 cr
P/ETijori ratio tableFY26 year-endyear-end price ÷ that year's EPS0.00xOne source
P/BTijori screenerat 2026-09-28price ÷ book value per share0.00xDifferent basis
Figures differ because they measure different periods or definitions; each is labelled.
Tijori ratio tableFY26 year-endyear-end price ÷ book value0.00x
Market capBSE master2026-09-28BSE full market cap₹1,70,024 crDifferent basis
Figures differ because they measure different periods or definitions; each is labelled.
Tijori screenerlatest Tijori refreshprice × shares₹1,66,347 cr
House one-pager31-Jul-26₹ lakh crore as printed₹1,79,000 cr
Promoter holdingTijori screenerlatest filing% of shares56.38%One source

Tolerance for a conflict: 1.5% on the same period and definition (3% for market cap, which moves with the price date). Tijori's ratio table uses its own definitions; the quarterly table and operating metrics carry the company's reported figures; the house model is standalone and dated.

Trend

Sales and net profit, FY

₹ crore. Actuals only; the last column is a TTM where labelled. Estimates are shown separately below with an "E" and never blended into this series.

Buoyant estimates

Model table from the research book

Buoyant estimates
₹ crore / %FY24FY25FY26
Revenue (₹ cr)n.a.n.a.66,891
EBITDA (₹ cr)n.a.n.a.25,163
Net profit (₹ cr)n.a.n.a.14,153
ROE (%)n.a.n.a.n.a.

Estimate columns (E) are in green italics.

Consolidated where reported · standalone not separately available in this source
Income statement (annual)
₹ crore unless %FY24FY25FY26
Sales0——
Operating Expenses000
Material Cost (%)0.000.000.00
Operating Profit-0-0-0
OPM (%)0.000.000.00
Interest—00
Profit Before Tax-0-0-0
Tax000
Net Profit-0-0-0
Number of shares(Crs)——391
Dividend Payout Ratio(%)0.000.000.00

Consolidated where the company reports consolidated; Tijori Finance normalisation of company filings. Fiscal years end 31 March; "TTM" columns are trailing twelve months to the stated quarter. Quarterly growth is year-on-year (same quarter, prior year). Quarterly balance-sheet and cash-flow data are not disclosed and are not implied. Commodity/cyclical preset: volumes, realisations, unit cost, mid-cycle earnings, leverage.

Ratios

Sector-appropriate ratios

RatioFY24FY25FY26
Interest Coverage Ratio—-4.59-4.63
Debt to Equity Ratio0.00-1.04-0.84
Free Cash Flow/Sales (%)0.000.000.00
Free Cash Flow(est) (Crs)0.00-0.04-0.02
Op Profit Margin (%)0.000.000.00
Net Profit Margin (%)0.000.000.00
ROCE (%)211.0062.4040.62
ROE (%)211.0076.0049.39
Net Profit Margin (%)0.000.000.00
P/En.m.n.m.n.m.
Price to Book0.000.000.00
EV/EBITDA0.00-1.76-2.18

Commodity/cyclical preset: volumes, realisations, unit cost, mid-cycle earnings, leverage. Suppressed for this preset: none.