Adani Enterprises vs Vedanta: share price, P/E, ROE and financials compared
Adani Enterprises
Vedanta
Adani Enterprises and Vedanta at a glance
Adani Enterprises and Vedanta are both listed in Metals & Mining. Adani Enterprises is the larger by market cap, at ₹3.7L Cr against ₹1.0L Cr for Vedanta (3.6 times as large). On valuation, Adani Enterprises has the lower price-to-book (3.79× against 8.01×), while Vedanta has the lower P/E (9.2× against 58.5×). On returns and margins, Vedanta has the higher ROCE (21.3% against 9.8%), the higher ROE (48.2% against 6.4%) and the higher operating margin (28.7% against 6.6%). Over three years, Adani Enterprises has faster 3-year sales growth (−7.7% against −19.2% a year) and faster 3-year profit growth (+55.9% against +18.0% a year). Adani Enterprises carries less debt for its equity, with a debt-to-equity of 1.14× against 1.34×.
Key metrics, side by side
| Metric | Adani EnterprisesADANIENT | VedantaVEDL |
|---|---|---|
| Price (₹) | 2,745.80 | 261.75 |
| Market cap (₹ Cr) | 3,71,705 | 1,02,208 |
| P/E | 58.5× | 9.2× (the lower figure, shaded) |
| P/B | 3.79× (the lower figure, shaded) | 8.01× |
| Dividend yield, trailing | 0.05% | 6.11% (the higher figure, shaded) |
| ROE | 6.4% | 48.2% (the higher figure, shaded) |
| ROCE | 9.8% | 21.3% (the higher figure, shaded) |
| Operating margin (OPM) | 6.6% | 28.7% (the higher figure, shaded) |
| Net margin (NPM) | 4.3% | 22.9% (the higher figure, shaded) |
| Sales CAGR 3Y | −7.7% (the higher figure, shaded) | −19.2% |
| Profit CAGR 3Y | +55.9% (the higher figure, shaded) | +18.0% |
| Debt to equity | 1.14× (the lower figure, shaded) | 1.34× |
| Interest cover | 3.1× | 7.8× (the higher figure, shaded) |
| Net profit TTM (₹ Cr) | 5,738 | 21,531 |
| 1Y return | +13.0% (the higher figure, shaded) | −48.1% |
| Promoter holding | 71.97% | 54.72% |
Adani Enterprises vs Vedanta: common questions
Which is bigger, Adani Enterprises or Vedanta?
By market cap, Adani Enterprises is bigger at ₹3.7L Cr, against ₹1.0L Cr for Vedanta (prices as of 6 Nov 2026). Net profit over the last twelve months was ₹5,738 Cr for Adani Enterprises and ₹21,531 Cr for Vedanta.
Which has a lower P/E ratio, Adani Enterprises or Vedanta?
Adani Enterprises trades at a P/E of 58.5× and Vedanta at 9.2×. Vedanta has the lower P/E. P/E is the share price divided by earnings per share; it varies a lot between industries and with growth, so it says little on its own.
Which has a higher ROE, Adani Enterprises or Vedanta?
Adani Enterprises reports a return on equity of 6.4% and Vedanta 48.2%. Vedanta has the higher ROE. ROE is net profit as a share of shareholders’ equity.
Which is growing faster, Adani Enterprises or Vedanta?
Over the last three years: Sales grew −7.7% a year at Adani Enterprises and −19.2% at Vedanta, so Adani Enterprises grew sales faster; profit grew +55.9% a year at Adani Enterprises and +18.0% at Vedanta, so Adani Enterprises grew profit faster. Past growth doesn’t predict future growth.