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Vedanta Oil and Gas Limited (VOGL) Fair Value & Analysis

Basic Materials · IN · Market cap ₹167B

VO Vedanta Oil and Gas Limited VOGL · NSE
Price₹42.79
Fair Value₹5.21
Upside-87.8%
Quality37/100
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Evidence: Medium Range ₹1.76 – ₹8.11

Fair value as of: Jul 3, 2026

From 10 valuation models · updated today

Price vs Fair Value (1 month)

₹44.59 ₹31.32 Fair Value ₹5.21 Jun 2026 Jul 2026

1‑month range ₹31.32 – ₹44.59 · fair‑value band ₹1.76 – ₹8.11 · the ₹42.79 price screens above the ₹5.21 fair value. As of Jul 3, 2026.

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Analysis

Vedanta Oil and Gas Limited (VOGL) currently trades at ₹42.79, while our model-based Fair Value estimate is ₹5.21 — implying the stock looks roughly 87.8% overvalued today. We read business quality at 37/100 (below-average quality), in the Basic Materials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: medium).

Over the trailing twelve months, Vedanta Oil and Gas Limited generated revenue of ₹8.8B at a net margin of -21.5%. Net debt stands at ₹46.5B. Fundamentals as of Jul 3, 2026

Key figures & financial health

Revenue (TTM) ₹8.8B
Net margin -21.5%
Free cash flow −₹1.8B FY2026
P/E ratio 305.6
Operating margin -15.2%
EPS (TTM) ₹0.1400
More key figures
Net debt ₹46.5B FY2026

Figures from reported company fundamentals (EODHD) · as of Jul 3, 2026. TTM = trailing twelve months.

About the company

Vedanta Oil and Gas Limited engages in the exploration and production of oil and gas. It holds interests in 44 blocks covering an area of approximately 47,000 square kilometers in India. The company was formerly known as MALCO Energy Limited and changed its name to Vedanta Oil and Gas Limited in June 2026. The company was incorporated in 2001 and is based in Gurugram, India. Vedanta Oil and Gas Limited operates as a subsidiary of Vedanta Resources Limited.

Revenue & earnings trend

FY2023 – FY2026 · reported fiscal years

Vedanta Oil and Gas Limited reported revenue of ₹95.8B in FY2026 versus ₹5.3B in FY2023, a compound +161.8%/yr. Reported net income was ₹540M in FY2026.

Revenue +161.8%/yr
FY23 ₹5.3B
FY24 ₹6.2B
FY25 ₹110B
FY26 ₹95.8B
Net income
FY23 −₹2.7B
FY24 −₹1.2B
FY25 ₹19.4B
FY26 ₹540M

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Frequently asked questions

Is Vedanta Oil and Gas Limited (VOGL) undervalued?
As of Jul 3, 2026, our model estimates a fair value of ₹5.21 versus a price of ₹42.79 — about −88% (overvalued). Model-based estimate, not financial advice.
What is the fair value of VOGL?
Our model-based fair value for Vedanta Oil and Gas Limited is ₹5.21 (as of Jul 3, 2026), built from audited fundamentals. The current price is ₹42.79.
What is the quality score of VOGL?
Vedanta Oil and Gas Limited has a Quality Score of 37/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Vedanta Oil and Gas Limited (VOGL)?
Vedanta Oil and Gas Limited reported trailing-twelve-month revenue of about ₹8.8B (latest available figure, as of Jul 3, 2026).
What is the net profit margin of VOGL?
The net profit margin of Vedanta Oil and Gas Limited is about -21.5%, meaning it is currently running at a net loss. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.