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Vedanta Power Limited (VEDPOWER)

₹32.38 -0.46% last close, 16 Oct

📊 NSE: VEDPOWER 🏢 Power Generation 📢 Latest filing: 12 Oct 2026

Latest quarterly results (Q1 FY27)

In its latest reported quarter, Q1 FY27, Vedanta Power's revenue was ₹2,607 Cr (+31.3% year on year, -2.9% on the previous quarter), and net profit ₹-423 Cr (against a profit a year earlier); the operating margin was 11.2%.

Q1 FY27 (₹ Cr)	Value	YoY vs Q1 FY26	QoQ
Revenue	₹2,607	+31.3%	-2.9%
Operating profit	₹291	-30.2%	-51.0%
Net profit	₹-423	to loss	to loss
EPS (₹)	-1.08	to loss	to loss
Operating margin	11.2%	—	—

Full quarterly financials → Results calendar →

VEDPOWER delivery percentage

NSE end-of-day data for Fri, 16 Oct 2026

On Fri, 16 Oct 2026, 35.24% of the VEDPOWER shares traded on NSE were taken to delivery, against the stock's own 20-session average of 47.23%. That is lower than usual for this stock.

35.24%Delivery, 16 Oct

47.23%Own 20-session average

0.7×Volume vs its average

₹32.38NSE close · -0.46%

Delivery in the last 5 sessions: 60.4% · 53.8% · 10.9% · 27.2% · 35.2%

Delivery across the market →

A description of what the exchange published, not a recommendation. Names such as "accumulation" or "long buildup" label a pattern in the numbers. How delivery is analysed

📢 Recent Corporate Announcements

Vedanta Power Clarifies on IiAS Proxy Objections Regarding ESOS and ₹4,860 Cr RPTs

🔵 WATCH ⭐ 5/10

OTHER 📅 12 Oct 2026, 04:33 PM

Vedanta Power Limited (VEDPOWER) has issued clarifications following voting recommendations from proxy advisory firm IiAS regarding its Postal Ballot notice. The company defended its ESOS 2026 scheme, noting that vesting is 100% performance-linked with a minimum 3-year performance period, awards are capped at 100% of fixed pay, and shares will be acquired via secondary market purchases through an ESOS trust. VEDPOWER also addressed concerns over related-party transactions (RPTs), including ₹921 crore in transactions with VAML (notably power purchases during shutdowns) and ₹4,860 crore (₹48.6 billion) with parent company VEDL, of which ₹842 crore (₹8.42 billion) is for transition-related expense recoveries and reimbursements following asset transfers.

ESOS 2026 vesting is 100% performance-linked over a minimum 3-year period with individual grant caps at 100% of annual fixed pay.
Proposed secondary acquisition of shares via ESOS Trust to prevent incremental equity dilution.
Clarified ₹921 crore aggregate transactions with VAML, including ₹505 crore recovery and ₹330 crore reimbursement of expenses.
Proposed related party transactions with VEDL aggregate ₹48.6 billion (₹4,860 crore), including ₹8.42 billion in operational expense recoveries/reimbursements post-demerger.

💡 Track the outcome of the postal ballot voting to see if institutional shareholders accept management's clarifications on the ESOS plan and large-scale related-party transactions.

Vedanta Power Q2 FY27 Power Sales Up 26% YoY to 5,593 Million Units

🟢 POSITIVE ⭐ 6/10

OTHER 📅 03 Oct 2026, 04:38 PM

Vedanta Power Limited reported its Q2 FY27 operational update, with power sales rising 26% YoY and 7% QoQ to 5,593 million units. H1 FY27 sales reached a record 10,817 million units, up 32% YoY, primarily driven by Meenakshi Energy (+111% YoY) and Jharsuguda Thermal Plant (+186% YoY). However, Sakti Thermal Plant sales fell 53% YoY to 305 million units following a boiler incident that shut down Unit-I on April 14, 2026. Jharsuguda plant availability factor improved sharply to 98% in Q2 FY27 from 43% in Q2 FY26.

Q2 FY27 total power sales increased 26% YoY to 5,593 million units (vs 4,433 million units in Q2 FY26)
H1 FY27 total power sales grew 32% YoY to 10,817 million units
Meenakshi Energy Q2 sales rose 111% YoY to 1,470 million units following ramp-up to full 1,000 MW operational capacity
Jharsuguda Thermal Plant sales grew 186% YoY to 873 million units with availability factor improving to 98% (vs 43% YoY)
Sakti Thermal Plant sales dropped 53% YoY to 305 million units due to shutdown following an April 14 boiler incident

💡 Track the upcoming Q2 FY27 financial results to assess how the 26% volume growth translates into revenue and margins, and monitor the timeline for the restoration of Sakti Thermal Plant Unit-I.

Vedanta Power Seeks Shareholder Approval for ESOP/ESPP Schemes and Related Party Transactions

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 23 Sep 2026, 03:24 PM

Vedanta Power Limited has issued a Postal Ballot Notice seeking shareholder approval for 9 resolutions via remote e-voting. Key agenda items include the implementation of the Employee Stock Option Plan (ESOP) 2026, Employee Share Purchase Plan (ESPP) 2026 via trust secondary acquisitions, and approval of material related party transactions following internal demerger and power asset transfers. The remote e-voting window runs from September 24, 2026, to October 23, 2026. The cut-off date to determine eligible voting members was September 18, 2026.

Remote e-voting begins on September 24, 2026 (9:00 AM IST) and ends on October 23, 2026 (5:00 PM IST)
Record/Cut-off date for voting eligibility was Friday, September 18, 2026
Approval sought for ESOP 2026 and ESPP 2026 schemes including secondary market share acquisitions via trust
Material related party transactions proposed with Vedanta Group entities following demerger-linked unit transfers

💡 Track the outcome of the postal ballot voting results around October 23, 2026, and monitor subsequent disclosures regarding the specific financial caps on related party transactions.

Vedanta Power CS & Compliance Officer Bhagya Hasija Resigns; Relieved Sep 2, 2026

🟡 NEUTRAL ⭐ 3/10

MANAGEMENT 📅 02 Sep 2026, 08:57 PM

Vedanta Power Limited announced that Mr. Bhagya Hasija has resigned from the role of Company Secretary & Compliance Officer (Key Managerial Personnel). The resignation was tendered on August 15, 2026, to pursue outside career growth opportunities. He has been relieved from his responsibilities effective the close of business hours on September 02, 2026.

Resignation of Company Secretary & Compliance Officer Bhagya Hasija tendered on August 15, 2026
Relieved effective close of business hours on September 02, 2026
Reason stated is to pursue better career prospects and professional growth
Company to appoint a successor for the Compliance Officer role as per statutory requirements

💡 Track subsequent exchange filings for the appointment of a new Company Secretary & Compliance Officer to ensure ongoing regulatory compliance.

Vedanta Power: CS & Compliance Officer Bhagya Hasija Resigns Effective Sep 2, 2026

🟡 NEUTRAL ⭐ 3/10

MANAGEMENT 📅 02 Sep 2026, 08:55 PM

Vedanta Power Limited has informed the exchanges of the resignation of Mr. Bhagya Hasija from the position of Company Secretary & Compliance Officer (Key Managerial Personnel). The resignation was tendered via letter dated August 15, 2026, to pursue outside career opportunities. Mr. Hasija was relieved from his responsibilities effective from the close of business hours on September 02, 2026. The company will need to appoint a successor to fill the statutory compliance vacancy.

Mr. Bhagya Hasija resigned as Company Secretary & Compliance Officer (KMP).
Resignation letter submitted on August 15, 2026.
Relieved from his role effective close of business hours on September 02, 2026.
Reason stated: To pursue an opportunity offering better career prospects.

💡 Track the upcoming board appointment of a new Company Secretary & Compliance Officer to maintain statutory compliance.

Vedanta Power: Company Secretary & Compliance Officer Bhagya Hasija Resigns Effective Sep 2, 2026

🟡 NEUTRAL ⭐ 3/10

MANAGEMENT 📅 02 Sep 2026, 08:52 PM

Vedanta Power Limited has informed the exchanges that Mr. Bhagya Hasija has resigned from his position as Company Secretary & Compliance Officer (Key Managerial Personnel). The resignation was tendered on August 15, 2026, to pursue outside career growth opportunities. He has been relieved from his responsibilities effective from the close of business hours on September 02, 2026. The company is yet to announce a successor for the role.

Resignation tendered on August 15, 2026
Relieved from the post of CS & Compliance Officer on September 02, 2026
Stated reason: to pursue better career prospects and professional growth

💡 Track subsequent exchange filings for the appointment of a new Company Secretary and Compliance Officer.

Vedanta Power Releases Q1 FY27 Earnings Conference Call Transcript

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 04 Aug 2026, 06:42 PM

Vedanta Power Limited has submitted the transcript of its earnings conference call for the first quarter ended June 30, 2026. This filing follows the company's earlier communication on July 29, 2026, regarding the scheduled call. The transcript provides a formal record of management's discussion on financial results and operational performance. Investors can access the full text on the company's website to review specific analyst Q&A and management outlook.

Transcript released for the quarter ended June 30, 2026
Filing follows the initial earnings notification dated July 29, 2026
Submission made in compliance with Regulation 30 of SEBI LODR Regulations
Document available for public review on the company's official website

💡 Investors should review the transcript on the company's website for management's detailed commentary on power generation trends and operational costs, which may not be fully captured in the summary results.

Vedanta Power Updates CIN to Listed Status Following June 2026 Listing

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 01 Aug 2026, 09:39 PM

Vedanta Power Limited (formerly Talwandi Sabo Power Limited) has updated its Corporate Identification Number (CIN) to L40101MH2007PLC433557. This administrative change on the Ministry of Corporate Affairs (MCA) portal reflects the company's transition from 'Unlisted' to 'Listed' status. The update follows the listing of the company's equity shares which took effect on June 15, 2026. The company maintains a significant paid-up capital of Rs 3,910.69 crore.

CIN updated from U40101MH2007PLC433557 to L40101MH2007PLC433557
Equity shares listed on stock exchanges effective June 15, 2026
Paid-up capital reported at Rs 39,10,68,66,890
Authorised capital stands at Rs 40,00,00,00,000
Company status on MCA portal changed from 'Unlisted' to 'Listed'

💡 This is a procedural regulatory update. Investors should focus on the company's upcoming quarterly financial results to evaluate operational performance post-listing.

Vedanta Power Releases Q1 FY27 Earnings Call Audio Recording

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 30 Jul 2026, 11:25 PM

Vedanta Power Limited (formerly Talwandi Sabo Power Limited) has released the audio recording of its earnings conference call for the first quarter ended June 30, 2026. The recording, made available on July 30, 2026, covers the discussion on the company's unaudited standalone and consolidated financial results. This is a standard regulatory disclosure following the announcement of quarterly earnings to ensure transparency for all shareholders.

Audio recording of the Earnings Conference Call for the quarter ended June 30, 2026, is now public
The filing follows the previous intimation dated July 24, 2026, regarding the call schedule
The company operates under the new name Vedanta Power Limited, formerly Talwandi Sabo Power Limited

💡 Investors should access the recording on the company's website to listen to management's commentary on operational performance and future guidance for the 2026-27 fiscal year.

31% Revenue Growth in Q1 FY27; Power Sales Up 38% to 5,224 MUs

🟢 POSITIVE ⭐ 7/10

EARNINGS 📅 29 Jul 2026, 06:07 PM

Vedanta Power reported a strong 31% YoY revenue growth to ₹2,607 Cr for Q1 FY27, fueled by a 38% surge in power sales volumes. However, EBITDA declined 30% YoY to ₹291 Cr as power costs rose to ₹4.4/kWh from ₹4.1/kWh. The company's credit profile improved with ratings upgraded to AA- by both CRISIL and ICRA. Liquidity remains robust with ₹1,130 Cr in cash equivalents, supporting the ongoing ~600 MW expansion at the Sakti plant.

Revenue increased 31% YoY to ₹2,607 Cr driven by higher generation across key assets.
Power sales volume jumped 38% YoY to 5,224 million units (MUs).
Credit ratings upgraded to CRISIL AA- and ICRA AA- from A+.
Maintained 85% coal linkage security and 74% PPA coverage for sales volumes.
Meenakshi Energy (MEL) achieved highest-ever quarterly EBITDA of ₹112 Cr, up 20% QoQ.

💡 Watch for the commissioning timeline of the ~600 MW Unit 2 at the Sakti plant and the margin impact as Meenakshi Energy transitions to 100% domestic coal.

31% Revenue Growth in Q1 FY27; Power Sales Surge 38% YoY to 5,224 MU

🟢 POSITIVE ⭐ 8/10

EARNINGS 📅 29 Jul 2026, 06:05 PM

Vedanta Power reported a 31% YoY increase in Q1 FY27 revenue to 2,607 Cr, driven by a 38% jump in power sales volume to 5,224 million units. Despite the top-line growth, EBITDA declined 30% YoY to 291 Cr as power costs rose to 4.4/kWh from 4.1/kWh. The company's credit ratings were upgraded to AA- by both CRISIL and ICRA, reflecting improved creditworthiness. Liquidity remains healthy with 1,130 Cr in cash equivalents, supporting the ongoing ~600 MW expansion at the Sakti plant.

Revenue increased 31% YoY to 2,607 Cr for the quarter ended June 30, 2026
Power sales volume surged 38% YoY to 5,224 million units across four plants
Credit ratings upgraded to CRISIL AA- and ICRA AA- from A+
Maintained 1,130 Cr in cash and cash equivalents as of June 30, 2026
Secured 85% coal linkage and 74% of sales under long/medium-term PPAs

💡 Watch for the commissioning timeline of the ~600 MW Unit 2 at the Sakti plant and the margin impact of transitioning Meenakshi Energy to 100% domestic coal.

5% Equity Pool Approved for ESOP and ESPP 2026 via Secondary Acquisition

🟡 NEUTRAL ⭐ 4/10

MANAGEMENT 📅 29 Jul 2026, 05:55 PM

Vedanta Power Limited (VPL) has approved the implementation of two employee incentive schemes: ESOP 2026 and ESPP 2026. The total pool for these schemes is capped at 5% of the company's paid-up share capital, involving approximately 19.55 crore shares. Notably, the schemes will be implemented through a Trust route using secondary market acquisitions, which prevents equity dilution for existing shareholders. The ESOPs will have a vesting period of 1 to 5 years and an exercise price of ₹10 per share.

Total incentive pool of 19,55,34,334 shares representing 5% of the total paid-up share capital.
ESOP 2026 pool consists of 16,62,04,184 shares (4.25% of capital) with an exercise price of ₹10.
ESPP 2026 pool consists of 2,93,30,150 shares (0.75% of capital) with a potential purchase price of nil.
Implementation via Trust route through secondary acquisition from the open market, avoiding equity dilution.
Vesting for ESOPs is set between a minimum of 1 year and a maximum of 5 years from the grant date.

💡 Investors should watch for shareholder approval of these schemes and the subsequent commencement of share purchases by the Trust from the open market.

Vedanta Power reports ₹423 cr Net Loss in Q1 FY27 due to ₹487 cr Exceptional Item

🔴 NEGATIVE ⭐ 7/10

EARNINGS 📅 29 Jul 2026, 05:49 PM

Vedanta Power Limited reported a consolidated net loss of ₹423 crore for the quarter ended June 30, 2026, compared to a profit of ₹88 crore in the same period last year. While revenue from operations grew 31.2% YoY to ₹2,607 crore, the bottom line was hit by a ₹487 crore exceptional loss. This loss includes a ₹127 crore penalty and late payment surcharges following a May 2026 Supreme Court order regarding capacity declaration. Operating margins saw a severe compression, falling to 1.03% from 13.68% YoY.

Revenue from operations increased to ₹2,607 crore in Q1 FY27 from ₹1,986 crore in Q1 FY26.
Exceptional loss of ₹487 crore recognized due to a Supreme Court penalty for alleged mis-declaration of capacity.
Operating profit margin collapsed to 1.03% from 13.68% in the year-ago quarter.
Debt Service Coverage Ratio (DSCR) weakened significantly to 0.53 times from 1.38 times YoY.
Listed 6,000 Commercial Papers of ₹5,00,000 face value each on the NSE on June 22, 2026.

💡 Monitor the outcome of the review petition filed against the Supreme Court penalty and observe if the company can restore its Debt Service Coverage Ratio above 1.0 in upcoming quarters.

$2.25 Billion Facility: Vedanta Resources Discloses Encumbrance on Vedanta Power Shares

🟡 NEUTRAL ⭐ 6/10

FUNDRAISE 📅 28 Jul 2026, 12:31 PM

Vedanta Resources Limited (VRL) has entered into a massive facility agreement for a maximum commitment of US$ 2.25 billion (approx. ₹18,800 cr) as of July 20, 2026. This agreement involves several promoter-group subsidiaries including Twin Star Holdings and Welter Trading. Consequently, an encumbrance has been created over the equity shares of Vedanta Power Limited (VPL) held by these entities. The terms include a 'negative lien' clause, which restricts the group from creating any further security or quasi-security over VPL shares.

Facility agreement executed for a total maximum commitment of US$ 2,250,000,000
Agreement dated July 20, 2026, involving a consortium of over 10 international banks
Encumbrance created over shares held by subsidiaries Twin Star Holdings, Welter Trading, and others
Includes a restrictive covenant (negative lien) preventing further security creation on VPL shares
Lenders include major institutions like Barclays, Citibank, JP Morgan, and Standard Chartered

💡 Investors should monitor the total percentage of promoter shares encumbered as per the full SAST disclosure to assess potential volatility risks. Watch for the parent company's debt repayment schedule and its impact on subsidiary cash flows.

July 29 Board Meeting for Q1 FY27 Results and July 30 Earnings Call

🟡 NEUTRAL ⭐ 3/10

BOARD_MEETING 📅 24 Jul 2026, 05:42 PM

Vedanta Power Limited has scheduled its Board of Directors meeting for July 29, 2026, to approve the standalone and consolidated unaudited financial results for the quarter ended June 30, 2026. An earnings conference call is subsequently scheduled for July 30, 2026, from 5:00 PM to 6:30 PM IST to discuss the performance. The trading window for designated persons is closed from July 1, 2026, to July 31, 2026. This is a routine regulatory notification regarding the quarterly reporting cycle.

Board meeting scheduled for July 29, 2026, to consider Q1 FY27 financial results
Earnings conference call to be held on July 30, 2026, at 5:00 PM IST
Trading window remains closed for 31 days from July 01 to July 31, 2026
Results will cover the first quarter period ended June 30, 2026

💡 Investors should track the financial results on July 29 and the management commentary on July 30 for updates on operational efficiency and power demand outlook.

View All VEDPOWER Announcements on Live Market Tracking →