Vedanta Aluminium Metal VAML
India's largest aluminium producer (Jharsuguda, BALCO), demerged from Vedanta and listed on 15 Jun 2026; a major supplier of aluminium wire rod to conductor makers
Mapped in 1 theme: Power Transmission & Grid.
Where Vedanta Aluminium Metal sits in the supply chain
Vedanta Aluminium Metal appears in 1 supply-chain layer in one theme, Power Transmission & Grid.
Power Transmission & Grid › CRGO, copper & aluminium
Indirect supplierOther companies in this layer
Revenue and profit
| ₹ Cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | — | — | — | — | 66,891 |
| Net profit | — | — | — | — | 14,153 |
Latest-year revenue ₹66,891 Cr (FY26, company-wide).
Note: years before its listing or not on Screener left blank; Listed Jun 2026 after the Vedanta demerger.
Strengths
- Largest wire-rod supplier in India - conductors are a core end-market
- Plans to roughly double smelting capacity (company)
Risks
- Listed only since Jun 2026 - short history as a separate company
- Vedanta group debt and governance overhang
- Aluminium price and power cost swings
Common questions
What does Vedanta Aluminium Metal do?
India's largest aluminium producer (Jharsuguda, BALCO), demerged from Vedanta and listed on 15 Jun 2026; a major supplier of aluminium wire rod to conductor makers.
Where does Vedanta Aluminium Metal sit in the supply chain?
Vedanta Aluminium Metal (NSE: VAML) is mapped in 1 supply-chain layer: CRGO, copper & aluminium (Power Transmission & Grid).
Who are Vedanta Aluminium Metal's peers?
In the CRGO, copper & aluminium layer of Power Transmission & Grid: Hindalco Industries, National Aluminium Company (NALCO), Hindustan Copper, JSW Steel and Mangal Electrical Industries.
What is Vedanta Aluminium Metal's market cap and valuation?
As of 6 Nov 2026: market cap ₹1.47L Cr, P/E 9.8x, ROE 88.8%, dividend yield 2.13%.