Vedanta (BUE:VEDL) Operating Margin %: 26.24% (As of Mar. 2026) — 23% Above Median


What is Vedanta Operating Margin %?

Vedanta BUE:VEDL 61 Operating Margin % is 26.24% as of Mar. 2026, which is 23% above its 10-year median of 21.41. GuruFocus rates BUE:VEDL with a GF Score™ of 61/100. The stock has 4 warning signs investors should review. Among 841 Metals & Mining companies, Vedanta ranks better than 72.77% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Vedanta's Operating Income for the three months ended in Mar. 2026 was ARS938,056.58 Mil. Vedanta's Revenue for the three months ended in Mar. 2026 was ARS3,574,919.02 Mil. Therefore, Vedanta's Operating Margin % for the quarter that ended in Mar. 2026 was 26.24%.

Good Sign:

Vedanta Ltd operating margin is expanding. Margin expansion is usually a good sign.

The historical rank and industry rank for Vedanta's Operating Margin % or its related term are showing as below:

BUE:VEDL' s Operating Margin % Range Over the Past 10 Years
Min: -4.78   Med: 21.41   Max: 27.45
Current: 22.12


BUE:VEDL's Operating Margin % is ranked better than
72.77% of 841 companies
in the Metals & Mining industry
Industry Median: 5.79 vs BUE:VEDL: 22.12

Vedanta's 5-Year Average Operating Margin % Growth Rate was 0.50% per year.

Vedanta's Operating Income for the three months ended in Mar. 2026 was ARS938,056.58 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ARS4,107,522.28 Mil.


Vedanta  (BUE:VEDL) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Vedanta Operating Margin % Related Terms


Vedanta Operating Margin % Historical Data

* Premium members only.

The historical data trend for Vedanta's Operating Margin % 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 Operating Margin % Chart

Vedanta Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.45 16.70 17.51 23.60 24.12

Vedanta Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.71 18.95 21.75 23.68 26.24

Vedanta Operating Margin % Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Vedanta's Operating Margin %, along with its competitors' market caps and Operating Margin % 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 Operating Margin % vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Vedanta's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Vedanta's Operating Margin % falls into.



Vedanta Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Vedanta's Operating Margin % for the fiscal year that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=2786451.357 / 11550132.369
=24.12 %

Vedanta's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=938056.582 / 3574919.022
=26.24 %

* 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 Operating Margin % →
What does a Operating Margin % of 26.24% mean?
Vedanta (BUE:VEDL) has a Operating Margin % of 26.24% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Vedanta and its competitors. This is 23% above median its historical median of 21.41. According to the industry distribution chart, Vedanta ranks #229 out of 841 companies in the Metals & Mining industry, placing it in the top 27.2%.
Is Vedanta's Operating Margin % too high?
Vedanta's current Operating Margin % of 26.24% is 23% above median its 10-year median of 21.41. The Metals & Mining industry median Operating Margin % is 5.79. Vedanta's value of 26.24% is 353.2% above this industry median. Based on the distribution chart, Vedanta ranks #229 out of 841 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Vedanta has a GF Score™ of 61/100, reflecting its overall financial health beyond just this single metric.
How does Vedanta's Operating Margin % compare to competitors?
According to the Metals & Mining industry distribution chart, Vedanta ranks #229 out of 841 companies for Operating Margin %. This puts Vedanta in the upper half of its industry. The industry median Operating Margin % is 5.79. Vedanta's value of 26.24% is 353.2% above this benchmark. While the company's 10-year median is 21.41 vs. the industry median of 5.79, Vedanta has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Margin % for a Metals & Mining company?
The median Operating Margin % among Metals & Mining companies is 5.79, based on 841 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Vedanta's current Operating Margin % of 26.24% is 353.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Vedanta and its competitors. For the Metals & Mining industry, the median Operating Margin % is 5.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vedanta's current Operating Margin % is 26.24%, which is 23% above median its own 10-year median of 21.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vedanta stock overvalued right now?
Vedanta (BUE:VEDL) has a current Operating Margin % of 26.24%. The current Operating Margin % is 26.24%, which is 23% above median its 10-year median of 21.41 and 353.2% above the Metals & Mining industry median of 5.79. Vedanta's overall GF Score™ is 61/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Vedanta (BUE:VEDL), the current Operating Margin % is 26.24% 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 Business Description

Other Exchanges VEDL:India500295:India
Address Lodhi Road, Core-6, 3rd Floor, Scope Complex 7, New Delhi, MH, IND, 110 003
Vedanta Ltd is a diversified natural resource Group engaged in exploring, extracting and processing minerals. The Group engages in the exploration, production and sale of zinc, lead, silver, copper, iron ore and has a presence across India, South Africa, Namibia, Ireland, Australia, Liberia and UAE. The Group is also in the business of commercial power generation, powercables, steel manufacturing and port operations in India and manufacturing of glass substrate in South Korea and Taiwan. The Group's reportable segments are copper, power, Zinc India, Zinc international, and others. It generates majority of revenue from Zinc India. It has presence in India, Europe, Saudi Arabia, China, The United States of America, Mexico, and Others of which majority of revenue is from India.