Vedanta Iron and Steel (NSE:VISL) Debt-to-Equity: -2.44 (As of Mar. 2026)

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NSE:VISL Vedanta Iron and Steel Ltd NSE:VISL
2 GF Score
Price ₹39.08
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What is Vedanta Iron and Steel Debt-to-Equity?

Vedanta Iron and Steel NSE:VISL +0.70% 2 Debt-to-Equity is -2.44 as of Mar. 2026. GuruFocus rates NSE:VISL with a GF Score™ of 2/100. The stock has 7 warning signs investors should review. Among 548 Steel companies, Vedanta Iron and Steel ranks worse than 182481.57% on this metric.

Vedanta Iron and Steel's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₹146,690 Mil. Vedanta Iron and Steel's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₹26,920 Mil. Vedanta Iron and Steel's Total Stockholders Equity for the quarter that ended in Mar. 2026 was ₹-71,180 Mil. Vedanta Iron and Steel's debt to equity for the quarter that ended in Mar. 2026 was -2.44.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Vedanta Iron and Steel's Debt-to-Equity or its related term are showing as below:

NSE:VISL' s Debt-to-Equity Range Over the Past 10 Years
Min: -4.4   Med: -3.42   Max: -2.44
Current: -2.44

During the past 3 years, the highest Debt-to-Equity Ratio of Vedanta Iron and Steel was -2.44. The lowest was -4.40. And the median was -3.42.

NSE:VISL's Debt-to-Equity is not ranked
in the Steel industry.
Industry Median: 0.405 vs NSE:VISL: -2.44

Vedanta Iron and Steel  (NSE:VISL) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Vedanta Iron and Steel Debt-to-Equity Related Terms


Vedanta Iron and Steel Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Vedanta Iron and Steel's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Vedanta Iron and Steel Debt-to-Equity Chart

Vedanta Iron and Steel Annual Data
Trend Mar24 Mar25 Mar26
Debt-to-Equity
0.00 -4.40 -2.44

Vedanta Iron and Steel Semi-Annual Data
Mar24 Mar25 Mar26
Debt-to-Equity 0.00 -4.40 -2.44

NSE:VISL vs NUE, STLD, RS: Debt-to-Equity Comparison

For the Steel subindustry, Vedanta Iron and Steel's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Vedanta Iron and Steel Debt-to-Equity vs Steel Industry

For the Steel industry and Basic Materials sector, Vedanta Iron and Steel's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Vedanta Iron and Steel's Debt-to-Equity falls into.


NSE:VISL
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Vedanta Iron and Steel Ltd NSE:VISL
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Vedanta Iron and Steel Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Vedanta Iron and Steel's Debt to Equity Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Vedanta Iron and Steel's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of -2.44 mean?
Vedanta Iron and Steel (NSE:VISL) has a Debt-to-Equity of -2.44 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Vedanta Iron and Steel and its competitors. According to the industry distribution chart, Vedanta Iron and Steel ranks #999999 out of 548 companies in the Steel industry.
Is Vedanta Iron and Steel's Debt-to-Equity too high?
Vedanta Iron and Steel's current Debt-to-Equity is -2.44. Based on the distribution chart, Vedanta Iron and Steel ranks #999999 out of 548 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Vedanta Iron and Steel has a GF Score™ of 2/100, reflecting its overall financial health beyond just this single metric.
How does Vedanta Iron and Steel's Debt-to-Equity compare to NUE and STLD?
According to the Steel industry distribution chart, Vedanta Iron and Steel ranks #999999 out of 548 companies for Debt-to-Equity. This places Vedanta Iron and Steel in the lower half of its industry. The industry median Debt-to-Equity is 0.41. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Steel company?
The median Debt-to-Equity among Steel companies is 0.41, based on 548 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Vedanta Iron and Steel and its competitors. For the Steel industry, the median Debt-to-Equity is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vedanta Iron and Steel's current Debt-to-Equity is -2.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vedanta Iron and Steel stock overvalued right now?
Vedanta Iron and Steel (NSE:VISL) has a current Debt-to-Equity of -2.44. The current Debt-to-Equity is -2.44. Vedanta Iron and Steel's overall GF Score™ is 2/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Vedanta Iron and Steel (NSE:VISL), the current Debt-to-Equity is -2.44 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Vedanta Iron and Steel Business Description

Other Exchanges 544784:India
Address Sesa Ghor, 20 EDC Complex, Patto Panaji, GA, IND, 403 001
Vedanta Iron and Steel Ltd is a ferrous-resource company supplying the materials that underpin modern economies. Its products are Iron Ore, Met Coke, Pig Iron, and Steel & VAP. Along with its subsidiary, it engaged in supplying essential materials that power infrastructure, manufacturing, and nation-building across geographies. Its operations span India and Africa. The group focuses on iron ore exploration, mining, and processing in India and West Africa, alongside the production of high-quality steel, wire rods, TMT bars, pig iron, Ductile Iron (DI) Pipes, Ferro-silicon, cement, and metallurgical coke.
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Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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