Media Kit

Media Kit
 
  • Corporate Headquarters
    16 Berkeley Street
    London W1J 8DZ
    Telephone: +44 20 7499 5900
    Facsimile: +44 20 7491 8440

  • Geographical Locations
    United Kingdom
    India
    Zambia
    South Africa
    Namibia
    Ireland
    Australia
    Sri Lanka

  • Number of Employees
    Over 26,000

  • Principal Officers
    Anil Agarwal, Executive Chairman
    Navin Agarwal, Deputy Executive Chairman
    Tom Albanese, Chief Executive Officer

  • Primary Exchange Listing
    London Stock Exchange
    Bloomberg Ticker VED LN

Full Year Results For The Year Ended 31 March 2015

Consolidated Group Results 

FY2015-16

FY2014-15

Revenue

10,737.9 12,878.7

EBITDA1

2,336.4 3,741.2

EBITDA Margin

21.8% 29.1%

EBITDA margin excluding custom Smelting2 (%)

27.6% 38.0%

Operating profit before special items 

881.2 1735.5

Loss attributable to equity holders

(1,837.4) (1,798.6)

Underlying attributable Loss4

(364.1) (38.9)

Basic loss per share (US cents)

(665.8) (654.5)

Loss per share on underlying profit (US cents)

(131.9) (14.2)

ROCE (excluding project capital work in progress and exploratory assets and impairment charges) (%)

6.2% 8.7%
Total Dividend (US cents per share) 30.0 63.0

1. Earnings before interest, taxation, depreciation, amortisation/impairment and special items.
2. Excludes custom smelting revenue and EBITDA at Copper and Zinc India operations as custom smelting has different business economics.
3. Free cash flow is cash flow arising from EBITDA after net interest, taxation, sustaining and capital expansion expenditure, movements in capital creditors and working capital movements.
4. Based on profit for the period after adding back special items and other gains and losses, and their resultant tax and non-controlling interest effects.


Financial Highlights

  • Revenue of US$10.7 billion and EBITDA1 of US$2.3 billion, lower than FY2015 primarily due to lower commodity prices (FY2015 Revenue: US$12.9 billion, FY2015 EBITDA: US$3.7 billion) 
  • Adjusted EBITDA margin2 of 28% (FY2015: 38%), driven by low commodity prices
  • Free cash flow3 of US$1.7 billion, up 63% (FY2015: US$1.0 billion), driven by optimisation of operational, capital expenditure and working capital initiatives
  • Net debt reduced by US$1.1 billion and gross debt reduced by US$0.4 billion during the year
  • Underlying (loss) per share4 of (131.9) US cents (FY2015: (14.2) US cents)
  • Basic loss per share of (665.8) US cents primarily due to a non-cash impairment of US$3.3 billion (net of tax) and lower EBITDA, reflecting lower commodity prices
  • Covenant modifications on bank loans at Vedanta Resources plc secured until the period ending 30 September 2018 and complied with as on 31 March 2016
  • S&P downgraded issuer credit rating from ‘BB’ to ‘B’ and Moody’s downgraded its corporate family rating from ‘Ba1’ to ‘B2’ due to weak commodity prices – S&P subsequently revised the outlook to ‘Stable’ in April 2016
  • Hindustan Zinc Limited announced its highest ever special dividend in Q4 (c. US$1.8 billion including dividend distribution tax)
  • Final dividend of 30 US cents per share

Business Highlights

  • Simplification of the Group structure continues to be a priority
  • Record production of zinc, lead and silver at Zinc India; aluminum, power and copper cathodes at Copper India
  • Commenced ramp-up of capacities at Aluminum, Power and Iron Ore divisions
  • Entire Power portfolio of 9,000MW now operational
  • Successful implementation of Mangala Enhanced Oil Recovery Programme at Cairn India
  • Recommenced production at Goa Iron Ore operations, achieved exit run rate production of 0.8 million tonnes per month
  • Continued ramp-up of production at the Konkola mines at Copper Zambia
  • Strong cost performance, with lower cost of production across all businesses; cost savings of c.US$325 million delivered in the year

Sustainability highlights

  • 25 million beneficiaries of our community investment
  • US$ 37 million invested in community development 
  • 42 million mt carbon footprint 
  • 0.46 lost time injury frequency rate
  • US$3.2 billion tax payments to exchequers
  • 2,283 full-time female employees
  • 100% of sites conduct periodic medical examinations for employees
  • 4,176 village meetings held
  • 1.53 million training hours delivered to all staff 
  • 0 category 4 or 5 (severe) environmental incidents 
  • 50% non-hazardous waste recycling rate
  • 23% water recycling rate
  • 42,240 man hours training on Code of Business Conduct & Ethics 


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Corporate Presentation

Please click on the link mentopned below to view and download the corporate presentation:

Corporate Presentation

Gallery

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Photo gallery

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Video gallery

 

Group companies

 

Group Communications and Media Contact

  • Corporate and Media Queries
    Group Communications  

    Roma Balwani
    President- Group Sustainability, CSR and Communications

    75, Nehru Road
    Vile Parle(East), Mumbai- 400099
    Tel: +91 22 6646 1000
    Fax: +91 22 6646 1350
    Email: gc@vedanta.co.in

  • Media Queries in UK
    RLM Finsbury 

    Gordon Simpson/ Faeth Birch/Daniela Fleischmann


    Tenter House, 45 Moorfields
    London EC2Y 9AE
    Tel: +44 20 7251 3801
    Fax: +44 20 7251 4112
    Email: enquiries-uk@rlmfinsbury.com