Vedanta Iron And Steel Limited · NSE:VISL
Vedanta Iron And Steel — Investor Presentation (May 2026)
24 slides from Vedanta Iron And Steel's investor presentation, May 22, 2026
Slide 1: Vedanta Iron & Steel
Vedanta Iron & Steel India’s Leading Integrated Iron & Steel Producer
Slide 2: Table of Contents
I Table of Contents 01 Group Structure 3 02 Value Proposition 4 03 Iron Ore India’s 2nd Largest Iron Ore Exporter1 7 04 Steel Expansion to 5 MTPA Integrated Steel Production 10 05 Market Overview – Iron & Steel 15 06 Consolidated Financials (Capex & EBITDA) 17 07 People, Environment & CSR 20 1Source
Slide 3: Vedanta Group Structure - Post Demerger
I Vedanta Group Structure - Post Demerger Listed Businesses Post Demerger Listed Entities Vedanta Inc Unlisted Entities 42.90% 42.90% 61.8%1 71.3% 35% 79.4% STL Networks Sterlite Vedanta Sterlite Electric Sterlite Grid 5 Serentica Konkola Copper Mines Ltd Tech (STL) Resources Ltd Ltd Ltd Renewables
Slide 4: Value Proposition
Value Proposition 4x Growth in EBITDA by FY29
Slide 5: Strategically Located Asset Base
I Strategically Located Asset Base Vedanta Iron & Steel Fully Integrated Plants ESL Plant Met Coke (1.6 MTPA) Iron Ore R&R (650 KTPA) 4 BnT Iron Ore Odisha Haldia Port ✓ Captive river fleet & mid sea cargo handling Kandla Port (IOO) Dhamra Port ✓ Private railway siding Current Capacity 15 MTPA1 (5.5
Slide 6: Value Proposition
I Value Proposition Vedanta Iron & Steel Fully Integrated Facility Scalable to 15 MTPA Steel ▪ Driven by infrastructure & capital expenditure, domestic steel demand is set to remain robust, supporting steel producers ▪ ESL plant with a ~2,300-acre land bank, with phase I nearly complete, doubling ca
Slide 7: Iron Ore
Iron Ore One of the Largest Indian Iron Ore Producer & Exporter
Slide 8: Iron Ore Operations with Strong Market Presence
I Iron Ore Operations with Strong Market Presence Iron Ore Current1 → Expanded R&R2 No of River Fleet Assets* Iron Ore Businesses Remarks Capacity (MTPA) (MnT) Mines A Narrain ✓ Non-auction regime mine Iron Ore 5.9 → 6.5 60.00 1 Asset Nos. Capacity Iron Ore Mine ✓ Private Railway Siding (MTPA) Karna
Slide 9: Earnings Growth Backed by Scale
I Earnings Growth Backed by Scale Iron Ore ROM Production EBITDA (Mn WMT) 17.2 18.5 ($ Mn) IOO IOG IOK 14.9 6.0 5.5 11.4 5.5 2.9 4.7 5.5 3.5 160 2.9 145 139 5.9 7.0 7.0 5.6 91 FY26 FY27e FY28e FY'29e Captive Vs. Merchant FY26 FY27e FY28e FY29e Captive Merchant Index Assumptions FY26 11% 89% FY26 FY2
Slide 10: Steel
Steel Expansion to 5 MTPA Integrated Steel Production
Slide 11: ESL & VAB Plant Asset Overview
I ESL & VAB Plant Asset Overview Steel UP TO 5 MTPA 18.5 MTPA 1.8 MTPA ~3,500 15 MTPA 100% Operational Highlights Installed Capacity (by Iron Ore Production Met Coke Acres of Land Steel Expansion VAP Production FY29 end) Capacity by FY29 Capacity Potential Resource • Strategically located in the Eas
Slide 12: Earnings Growth Backed by Scale and VAP Expansion
I Earnings Growth Backed by Scale and VAP Expansion Steel Hot Metal Capacity at Year End (MTPA) EBITDA ($ Mn) EBITDA Margin 4.7 5.0 4.4 366 16% 2.8 14% 244 11% FY26 FY27e FY28e FY29e 145 VAP 4% FY26 59% 41 FY29e 100% FY26 FY27e FY28e FY29e FY26 FY27e FY28e FY29e Note: Exchange rate as per annual ave
Slide 13: Product Portfolio
vedanta iron & steel ep >>> Product Portfolio
Slide 14: Fully Integrated Business Model
I Fully Integrated Business Model Vedanta Iron & Steel Backward Integration Hot Metal High Silicon Iron & DI Coke & Power Forward Integration (Iron Ore Mines) Production Pipes Mines Captive Energy Blast Furnaces High Silicon Iron: Value Added Products 6 Indian & 3 Liberian Mines Coke: 1.8 → 2.3 MTPA
Slide 15: Iron & Steel Market Overview
vedanta iron & steel ep >>> lron & Steel Market Overview
Slide 16: Global steel outlook: India poised for strong expansion
Vedanta Iron & Steel IGlobal steel outlook : India poised for strong expansion India’s Growth Headroom: Fastest-Growing Steel Market India has one of the lowest per capita steel Per Capita Steel Consumption (CY24) Steel Demand (2023-2032E CAGR) consumption of 102 kg vs global average of (Kg) (%) 215
Slide 17: Consolidated Financials
RS SS vedanta iron & steel Consolidated Financials g e A
Slide 18: Strategic Investment Across Growth Projects
I Strategic Investment Across Growth Projects Vedanta Iron & Steel Capex in Progress (Spend till FY’29) Approved Capex Spent up to FY26 end Unspent as on 31st Mar 2026 (In $Mn) Capex Under Approval Iron Ore Mines 12 402 1 413 India 12 42 1 53 Liberia : Phase I 360 360 Steel 411 468 267 611 Ductile I
Slide 19: EBITDA Over Medium Term
I EBITDA Over Medium Term Vedanta Iron & Steel Segmental EBITDA ($Mn) 526 389 366 284 244 145 133 41 139 145 160 91 FY26 FY27e FY28e FY29e Iron Ore Steel Note: Exchange rate as per annual average for FY25 & FY26 & rate assumed at 1 USD = 90 INR for FY27-FY29 19
Slide 20: People, Environment & CSR
iron & steel ep >>> People, Environment & Saf¢ CSR
Slide 21: Building Sustainable Communities
I Building Sustainable Communities Vedanta Iron & Steel Onboarding of ‘One’ with the Communities Waste Heat Roof-top Solar EV Wheel Recovery Power & Solar Loaders 1 Million+ Lives Transformed Power Plant Auxiliary Power & Fork Lifters ‘Giving Back’ Meaningfully on Barges Firmly rooted in the timeles
Slide 22: 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
Slide 23: Annexures
Annexures
Slide 24: Global Iron Ore Reserves & Production
I Global Iron Ore Reserves & Production Vedanta Iron & Steel Top Iron Ore Producers in India Global Snapshot of Ore Output and Reserves (FY25 Qty in MnT) (CY25) 70.14 Ore Production (MnT) Reserves (MnT) Australia 981 58,000 44.03 35.72 Brazil 451 34,000 32.96 32.05 25.32 22.55 China 302 20,000 13.33
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