Vedanta (BUE:VEDL) 3-Year ROIIC % : -23.91% (As of Mar. 2026)

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What is Vedanta 3-Year ROIIC %?

Vedanta BUE:VEDL 61 3-Year ROIIC % is -23.91 as of Mar. 2026. GuruFocus rates BUE:VEDL with a GF Score™ of 61/100. The stock has 4 warning signs investors should review. Among 2,302 Metals & Mining companies, Vedanta ranks worse than 69.59% on this metric.

3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year. Vedanta's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was -23.91%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Vedanta's 3-Year ROIIC % or its related term are showing as below:

BUE:VEDL's 3-Year ROIIC % is ranked worse than
69.59% of 2302 companies
in the Metals & Mining industry
Industry Median: -2.69 vs BUE:VEDL: -23.91

Vedanta  (BUE:VEDL) 3-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


Vedanta 3-Year ROIIC % Related Terms


Vedanta 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Vedanta's 3-Year ROIIC % 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 3-Year ROIIC % Chart

Vedanta Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -235.65 60.75 -21.36 -72.77 -23.91

Vedanta Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
3-Year ROIIC % 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 0.00 0.00 0.00 -23.91 0.00

Vedanta 3-Year ROIIC % Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Vedanta's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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 3-Year ROIIC % vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Vedanta's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Vedanta's 3-Year ROIIC % falls into.



Vedanta 3-Year ROIIC % Calculation

Vedanta's 3-Year ROIIC % for the quarter that ended in Mar. 2026 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 2030487.1038459 (Mar. 2026) - 417196.8912986 (Mar. 2023) )/( 30219371.524 (Mar. 2026) - 4425961.498 (Mar. 2023) )
=1613290.2125473/25793410.026
=6.25%***

* 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.

** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.

Frequently Asked Questions Learn more about 3-Year ROIIC % →
What does a 3-Year ROIIC % of -23.91 mean?
Vedanta (BUE:VEDL) has a 3-Year ROIIC % of -23.91 as of Mar. 2026. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Vedanta and its competitors. According to the industry distribution chart, Vedanta ranks #1602 out of 2302 companies in the Metals & Mining industry, placing it in the top 69.6%.
Is Vedanta's 3-Year ROIIC % too high?
Vedanta's current 3-Year ROIIC % is -23.91. Based on the distribution chart, Vedanta ranks #1602 out of 2302 companies in the Metals & Mining industry, which is below 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 3-Year ROIIC % compare to competitors?
According to the Metals & Mining industry distribution chart, Vedanta ranks #1602 out of 2302 companies for 3-Year ROIIC %. This places Vedanta in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year ROIIC % for a Metals & Mining company?
A good 3-Year ROIIC % depends on the Metals & Mining industry context. However, 3-Year ROIIC % 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 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Vedanta and its competitors. Vedanta's current 3-Year ROIIC % is -23.91. 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 3-Year ROIIC % of -23.91. The current 3-Year ROIIC % is -23.91. 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 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Vedanta (BUE:VEDL), the current 3-Year ROIIC % is -23.91 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.