Vedanta Iron And Steel Limited · NSE:VISL
Vedanta Iron And Steel — Q1 FY27 Earnings Presentation
31 slides from Vedanta Iron And Steel's earnings presentation, Jul 29, 2026
Slide 1: Exchange cover letter: outcome of board meeting
~- vedanta iron &- steel VISL/SEC./SE/2026-27/16 July 29, 2026 To To BSE Limited, National Stock Exchange of India Limited, Phiroze Jeejeebhoy Towers Exchange Plaza, C-1, Block – G, Dalal Street, Fort Bandra Kurla Complex, Bandra (E), Mumbai - 400 001 Mumbai – 400 051 BSE Scrip Code: 544784 NSE Scri
Slide 2: Press Release for First Quarter ended June 30, 2026
~ vedanta iron&,tp steel vedantairon steel Press Release for the Release for First Quarter ended June 30, 2026 the First Press Quarter ended June 30, 2026 Vedanta Iron Vedanta And Steel Iron And Limited Steel Limited Iron And Steel Regd. Office: Vedanta Regd. Office: Vedanta Iron Limited And Steel L
Slide 3: Press Release: CFO comment and ESG highlights
S ~ vedanta iron&, steel vedantairon steel Press Release Press Release for First Quarter ended June 30, 2026 the First for the Quarter ended June 30, 2026 Navin Jaju, Navin Jaju, CFO, CFO, VISL VISL reported healthy healthy revenue growth of 18% and of 18% EBITDA growth and EBITDA of 54% growth of 5
Slide 4: Press Release: Revenue, EBITDA and finance cost
~ vedanta iron&,t, steel vedantairon steel Press Release Press for the Release for the First ended June Quarter ended First Quarter 30, 2026 June 30, 2026 Revenue : Revenue: • QI FY27 01 FY 27 revenue operations at 1_3662 3662 crore, up 18% YoY driven 18% YoY driven by increased volumes by increased
Slide 5: Press Release: About Vedanta Iron and Steel Limited
~ vedanta iron&, vedantairon tp steel steel Release for Press Release for the First Quarter ended June 30, 2026 the First Press Quarter ended June 30, 2026 Limited, and Cluster Limited in Liberia, alongside associated industrial businesses. Guided by a commitment to Limited in Steel Limited, Western
Slide 6: Vedanta Iron & Steel Limited Q1 FY27
Vedanta Iron & .. . 0 Steel Limited EARNINGS PRESENTATION Q1 FY27 Strengthening Foundations ~- vedanta iron &- steel Building Nations
Slide 7: Table of Contents
Highlights 1 Quarterly Highlights > Business Performance 2 Steel | Iron Ore | Project Updates > Table of 3 Market Overview > Contents 4 HSE & CSR > Financial Update 5 Snapshot | EBITDA | Net Debt > 6 Appendix > Sensrtivity: Confidential(C2)
Slide 8: Highlights Q1 FY27
-►►► Highlights Q1 FY27 ~- vedanta iron s- steel
Slide 9: Highlights – Q1 FY27
I Highlights – Q1 FY27 EBITDA PAT Revenue EBITDA Margin ₹515 crore ₹121 crore ₹3662 crore +322 bps YoY +54% YoY Vs - ₹145 Cr +18% YoY Improved from in Q1 FY26 11% to 14% YoY Production Credit Rating Net Debt / EBITDA2 Strong Liquidity3 2.6 MnT DMT Iron Ore (+4% YoY) AA /Stable 1.3x ₹ 1018 crore CRIS
Slide 10: Business Performance Q1 FY27
-►►► Business Performance Q1 FY27 ~- vedanta iron s- steel
Slide 11: Steel
I Steel Saleable Production Sales Margin Margin (KT) (KT) (INR/MT) (%) +4% YoY +9% YoY +60% YoY +388 bps YoY -------------------------- ' ,-------------------------, -------------------------- ' -------------------------- ' '' I ' •' •' '' •' • 582 592 • •' 5,864 • •' 12% 572 10% 569 4,732 562 3,668
Slide 12: Iron Ore
I Iron Ore Saleable Ore Production Merchant Sales Merchant Sales Margin (Mn DMT) (Mn DMT) (Mn DMT) (INR/MT) +4% YoY +2% YoY +24% YoY ,-----------------------------------, ----------------------------------- ,--------------------------------------, I' 1.9 II • • • • • I I • I I 2.7 1,558 2.6 1.4 1.5
Slide 13: Project Updates
I Project Updates Capex in Progress (In INR Cr) Approved Capex Capex in Q1 FY27 Capex up to Q1 FY27 Balance as on 30th Jun 2026 Ductile Iron Pipe – Goa 722 17 342 380 ESL Phase 1A 2975 64 2223 752 Total 3,697 81 2,565 1,132 FY27 FY28 • Bicholim Mine (Goa) Expansion from 3 – 3.6 MTPA Iron Ore1 • Jant
Slide 14: Market Overview: Steel & Iron Ore
-►►► Market Overview Steel & Iron Ore ~- vedanta iron s- steel
Slide 15: Steel Outlook: India Poised for Strong Expansion
I Steel Outlook : India Poised for Strong Expansion India’s Growth Headroom: Growing Demand for Steel and Iron Ore ----------------------------------------------• Per Capita Steel Consumption (CY24) Steel Production: India (Million Tons) Iron Ore Production: India (Million Tons) (Kg) 437* 601 255 31
Slide 16: People, Community & Environment
-►►► People, Community & Environment ~- vedanta iron s- steel
Slide 17: Our Commitment To Excellence – Our Path To Leadership
I Our Commitment To Excellence – Our Path To Leadership Transforming Planet Transforming Workplace Transforming Communities ~31 million units 21% Women in Workforce ~5,48,000* RE Consumed 38% in Enabling Functions 00 Women & Children 3719 million units* 0 ~38,000* WRHB Generation 7 LGBTQ+ 4 Speciall
Slide 18: Empowering Communities with Strategic Investment
I Empowering Communities with Strategic Investment Q1 Updates - ~ +33.73 K CSR Beneficiaries Human Capital 7 Initiatives ( Healthcare, children’s Well-being & Education) 18.57 K Social inclusion 8 Initiatives (Women empowerment, Skilling & Livelihoods) 5.43 K Enabled SFA Women’s Football Team to com
Slide 19: Financial Update Q1 FY27
-►►► Financial Update Q1 FY27 ~- vedanta iron s- steel
Slide 20: Q1FY27 Financial Snapshot
I Q1FY27 Financial Snapshot REVENUE EBITDA EBITDA Margin Profit after tax ₹ 3,662 crore ₹ 515 crore 14% ₹ 121 crore 18% y-o-y 54% y-o-y 322 bps y-o-y Cash & Cash ROCE1 Net Debt i Credit Rating Equivalent2 16% ₹ 2,733 crore AA / Stable ₹ 1,018 crore ~ vedanta iron&-steel - ------ - - - - -- - -
Slide 21: EBITDA Bridge (Q1FY27 vs. Q1FY26)
I EBITDA BRIDGE (Q1FY27 vs. Q1FY26) 314 (In ₹ crore) 47 515 30 -211 335 Q1 FY 26 NSR Input Commodity Cost Volume Q1 FY 27 Key Drivers 0 NSR Impact: Benefited from stronger steel and iron ore realizations. 0 Input Commodity Impact: Impacted by elevated raw material and fuel costs, particularly iron o
Slide 22: EBITDA Bridge (Q1FY27 vs. Q4FY26)
I EBITDA BRIDGE (Q1FY27 vs. Q4FY26) (In ₹ crore) 158 16 574 -148 515 -86 Q4 FY 26 NSR Input Commodity Cost Volume Q1 FY 27 Key Drivers 0 NSR Impact: Driven by improved steel realizations during the quarter. 0 Input Commodity Impact: Impacted by higher iron ore, coal and diesel costs on a QoQ basis.
Slide 23: Net Debt Walk Q1FY27
I Net Debt Walk Q1FY27 12,296 (In ₹ crore) Debt Breakdown Gross Debt Mar'26 Jun'26 Term Debt 1,161 943 Short Term Borrowing 2,919 1,220 171 2,733 Working Capital 598 629 Total Consolidated Debt 4,678 2,792 384 2,508 Cash and Cash Equivalents 1,816 1,0181 -9,788 Net Debt 2,862 1,773 Inter Company Deb
Slide 24: Recognitions towards our commitment to excellence
I Recognitions towards our commitment to excellence Winners of the Recognized among India’s Best Safety and Health Best Workplace in Basic Culture of the Received Award by the Metals & Year Award at the 4th Mormugao Port Authority for Fabricated Metal Products Edition of Minerals achieving the Highe
Slide 25: Appendix
-►►► Appendix ~- vedanta iron s- steel
Slide 26: Summary of Income Statement
I Summary of Income Statement EBITDA (In ₹ Crore) Q1FY27 Q4FY26 Q1FY26 o On YoY basis, Q1FY27 EBITDA increased by 54 %, on Revenue from operations 3,612 3,803 3,033 account of better steel and iron ore realisation along with Other operating income 50 60 62 higher volume in VAB1 and IOG2 o On QoQ b
Slide 27: Segment Summary – Iron Ore
I Segment Summary – Iron Ore Quarter Production (In million dry metric tonnes, or as stated) Q1FY27 Q1FY26 % YoY Q4FY26 Production of Saleable Ore 2.6 2.5 4% 2.7 Goa 0.6 0.2 166% 0.9 Karnataka 0.9 1.6 -46% 1.2 Odisha 1.2 0.7 59% 0.7 Financials (In ₹ crore, or as stated) Gross Revenue 1190 1029 1245
Slide 28: Segment Summary - Steel
I Segment Summary - Steel Quarter Production (In ‘000 tonnes, or as stated) Q1FY27 Q1FY26 % YoY Q4FY26 Hot Metal 601 583 3% 588 Goa 238 213 12% 215 Bokaro 363 370 -2% 373 Saleable Production 582 562 4% 569 Pig Iron 291 269 8% 277 Pig Iron - Goa 238 213 12% 215 Pig Iron - Bokaro 53 56 -6% 62 Billet 2
Slide 29: Sales Summary
I Sales Summary Quarter Sales volume Q1FY27 Q1FY26 Q4FY26 Iron ore sales* Goa (mn dmt) 0.6 0.3 0.7 Karnataka (mn dmt) 0.5 0.7 0.6 Odisha (mn dmt) 0.9 0.9 0.8 Total (mn dmt) 2.0 1.9 2.1 Steel sales (kt) 572 526 592 Pig Iron - Goa 240 193 221 Pig Iron - Bokaro 51 56 60 Billet 17 10 24 TMT Bar 129 125
Slide 30: Earnings Call Details
I Earnings Call Details Event Telephone Number +91 22 6280 1114 Universal Dial-In +91 22 7115 8015 India National Toll Free 1 800 120 1221 Canada 01180014243444 Earnings conference call on July 30, Hong Kong 800964448 2026, from 5:00 PM to 6:30 PM (IST) Japan 00531161110 Netherlands 08000229808 Inte
Slide 31: Forward Looking Statement
I Forward Looking Statement The views expressed here may contain information derived from publicly available sources that have not been independently verified. No representation or warranty is made as to the accuracy, completeness, reasonableness or reliability of this information. Any forward-looki
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