Vedanta has identified the key performance indicators that it believes are useful in assessing how well the Group is performing against its strategic aims. They encompass both financial and non-financial measures.


  1. Growth
  2. Long-term value
  3. Sustainable development

Revenue

Revenue represents the value of goods and services provided to the third parties during the year

EBITDA

Earnings before interest, tax, depreciation and amortisation (EBITDA) is a factor of volume, prices and cost of production. This measure is calculated by adjusting operating profit for special items, and adding depreciation and amortisation.

Revenue (₹ in Cr)

15-16

63,931

14-15

73,364

13-14

72,591

In FY 2015-16, overall revenue was down 13% to ₹ 63,931 Crore, compared with ₹ 73,634 Crore in FY 2014-15. The decrease was primarily driven by lower Brent prices, lower LME prices, and premiums across metal businesses. The decrease was partially offset by increase in volumes at Zinc India, Aluminium, Copper India, and the commissioning of power units at Talwandi Sabo and BALCO.

Cash & liquid investment ( in Cr)

15-16

52,666

14-15

46,212

13-14

50,797

EBITDA ( in Cr)

15-16

15,012

14-15

22,296

13-14

25,603

EBITDA for FY 2015-16 was down by 33% at ₹ 15,012 Crore. This was primarily due to the reduction in Brent and LME prices.

ROCE

This is calculated on the basis of operating profit before special items and net of tax as a ratio of capital invested in operations as at the balance sheet date, and excludes investment in project capital work-in-progress and exploration assets. The objective is to earn a post-tax return above the weighted average cost of capital consistency. To have consistency in comparison, the effect of one-time non-cash impairment charges have been taken out in calculating ROCE for FY 2015-16.

EPS

EPS (Earning per share before exceptional items) represents the net profit attributable to equity shareholders and it stated before exceptional items and their attributable tax (including taxes classified as special items) and minority interest impacts. By producing a stream of profits and EPS we will be able to pay a progressive dividend to our shareholders.

Dividend

Dividend per share is the total of final dividend recommended by the Board in relation to the year and interim dividend paid out during the year.

ROCE (%)

15-16

10

14-15

16

13-14

17

In FY 2015-16, ROCE without project work-in-progress and exploration assets in FY 2015-16 was at 10%, compared to 16% in previous year.

EPS (₹)

15-16

9.81

14-15

17.19

13-14

17.44

Excluding the impact of special items and other gains and losses, the underlying EPS was ₹ 9.81 per share (FY 2014-15: ₹ 17.19 per share).

Dividend per share (₹)

15-16

3.50

14-15

4.10

13-14

3.25

The Board has recommended no final dividend this year. Interim Dividend was at ₹ 3.5 per share this year.

LTIFR

The Lost Time Injury Frequency Rate (LTIFR) is the number of lost-time injuries per mn man-hours worked. This includes our employees and contractors working in our operations and projects.

Gender diversity

The percentage of women in the total permanent employee workforce.

CSR footprint

Total number of beneficiaries through our community development programmes across all our operations.

LTIFR

15-16

0.44*

14-15

0.41

13-14

0.42

We are working towards creating a Zero Harm environment and have seen an overall decline in incident rate, as compared to previous year. Further this year, we have re-established LTIFR base performance as per ICMM reporting guidelines and are working towards future reduction in LTIFR performance.

Gender diversity (%)

15-16

9.0

14-15

8.5

13-14

8.3

We nurture passionate talent and provide equal opportunities to men and women. During the year we initiated special recruitment drives to provide career advancement for women, including planned rotation through corporate functions which led to and increase in the ratio of female employees to 9.0% of total employees as compared to 8.5% last year.

CSR footprint (mn beneficiaries)

15-16

1.75

14-15

2.8

13-14

3.4

To strengthen our license to operate in host communities, we have redefined the scope of our community investment and strengthened the programme objectives to align strongly with business imperatives and community needs (derived from our need assessment done last year).

* as per revised ICMM definition LTIFR stands at 0.49