NSE ScannerComparison · NSE · data 2026-10-31
Hindalco Industries Limited vs Vedanta Limited
In plain words
Size: Hindalco Industries Limited is about 2.2 times the market value of Vedanta Limited.
Valuation (P/E): Hindalco Industries Limited 12 vs Vedanta Limited 4.4.
Return on equity: Vedanta Limited 12.1% vs Hindalco Industries Limited 10.3%.
Profit growth over 3 years: Vedanta Limited 18% a year vs Hindalco Industries Limited 9.9% a year.
Differences in the numbers, not a recommendation of either stock.
Side by side
| HINDALCO | VEDL | |
|---|---|---|
| Price | ₹884.7 | ₹237.9 |
| Market cap | ₹2,00,677 cr | ₹92,872 cr |
| P/E | 12 | 4.4 |
| P/B | — | 7.3 |
| ROE | 10.3% | 12.1% |
| ROCE | 11.7% | 9.5% |
| Debt / equity | 0.73 | 0.81 |
| Operating margin | 10.9% | 28.0% |
| Dividend yield | 0.56% | 14.32% |
| Sales growth, 3 years (yearly) | 7.1% | -20.4% |
| Profit growth, 3 years (yearly) | 9.9% | 18.0% |
| 1-year return | 3.8% | 23.3% |
| Revenue, last 12 months | ₹2,95,537 cr | ₹98,539 cr |
| Net profit, last 12 months | ₹16,400 cr | ₹21,531 cr |
| Latest quarter | Dec 2023 | Dec 2023 |
| Quarter net profit | ₹2,331 cr | ₹2,013 cr |
| Quarter profit vs a year earlier | — | -18.3% |
| Promoter holding | 34.64% | 54.72% |
| Health check | Strong (6.6/10) | Strong (6.6/10) |
Common questions
Which has a higher P/E, Hindalco Industries Limited or Vedanta Limited?
Hindalco Industries Limited trades at the higher P/E (12 against 4.4). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
Vedanta Limited (12.1% against 10.3%).
Which carries more debt?
Vedanta Limited has the higher debt-to-equity ratio (0.81 against 0.73).