Hindustan Zinc
Market cap ₹2.10 L Cr
- P/E
- 10.08
- Day range
- ₹490.50 – ₹498.90
- 52-week range
- ₹453.50 – ₹733.00
- Volume
- 20.90 L
- Open
- ₹494.35
- Prev close
- ₹496.00
Latest results · Q2 FY27(consolidated)Revenue ₹15,093 Cr+76.5%Profit ₹6,412 Cr+142.1%Margin 42.5%YoY vs the same quarter last year
No red flags in exchange filings: no rising pledge, promoter selling, surveillance or critical filing on record.
HINDZINC in NSE indices and F&O
F&O margin for one lot of HINDZINC (1,225 shares)Research profile
Composite 62 / 100Factor percentiles
Derived metrics
- Earn. yield
- 9.9%
- Graham no.
- ₹280.18
- vs Graham
- -43.6%
- ROE ÷ P/B
- 11.0%
- 12-1 mom.
- +16.8%
- Return / vol
- -0.05
- Magic Formula
- #2
- Piotroski
- 6/6
- FCF yield
- 5.6%
- PEG
- 0.15
Appears in 21 scans
Percentiles rank this stock against the other tracked stocks and change as they do. Scans describe where figures sit today. Hover a label for its definition. Not investment advice.
Peer comparison
All 27 in Metals| Company | M-cap | P/E | P/B | ROE | ROCE | OPM | D/E | Sales YoY |
|---|---|---|---|---|---|---|---|---|
| JSW SteelJSWSTEEL | ₹3.08 L Cr | 10.83 | 2.56 | 28.4% | 11.0% | 19.0% | 0.62 | +20.7% |
| Tata SteelTATASTEEL | ₹2.12 L Cr | 19.20 | 2.05 | 11.3% | 13.0% | 15.0% | 0.90 | +14.3% |
| Hindustan ZincHINDZINC | ₹2.10 L Cr | 10.08 | 7.00 | 76.9% | 70.0% | 61.0% | 0.22 | +76.5% |
| Hindalco IndustriesHINDALCO | ₹1.98 L Cr | 12.02 | 1.43 | 10.3% | 13.0% | 16.0% | 0.73 | +32.1% |
| Vedanta Aluminium MetalVAML | ₹1.37 L Cr | 35.27 | — | — | — | 48.0% | — | — |
| Jindal Steel & PowerJINDALSTEL | ₹1.06 L Cr | 37.07 | 1.98 | 6.9% | 10.0% | 15.0% | 0.43 | +42.7% |
| Lloyds Metals And EnergyLLOYDSME | ₹1.01 L Cr | 20.96 | 7.24 | 37.7% | 27.0% | 38.0% | 1.49 | +208.5% |
| VedantaVEDL | ₹88,834 Cr | 9.57 | 1.78 | 55.2% | 16.0% | 35.0% | 0.66 | +53.6% |
| Sector median | ₹39,411 Cr | 16.73 | 2.35 | 17.5% | 17.0% | 16.0% | 0.35 | +21.1% |
Sector as classified in the tracked universe; medians use every tracked Metals company, and P/E only profitable ones. Tinted figures beat the median.
Latest news
Updated 8d agoHeadlines about Hindustan Zinc from the last two weeks in the financial press. Stories belong to their publishers; Parasram India does not endorse them.
Key metrics
- P/E (TTM)
- 10.1
- EPS (TTM)
- ₹40.35
- Price / Book
- 7.01
- ROE (FY26)
- 76.9%
- ROCE (latest year)
- 70%
- Dividend yield
- 2.22%
Moving averages (NSE)
- 20-day
- ₹548.16
- Price below
- 50-day
- ₹571.98
- Price below
- 200-day
- ₹583.28
- Price below
Charts & trends
From company filings. Amounts in ₹ crore.
Revenue, profit & margin - quarterly
₹ crore; a loss shows red. Operating margin below, same periods.
- Revenue
- Net profit
Operating margin
Who owns the company
% of equity by quarter, latest Sept 2026
- Promoter
- Government
- DII
- Public
- FII
Cash flows
Where cash came from and went, by fiscal year (₹ crore)
- Operating
- Investing
- Financing
- Free cash flow
Return on equity
Net profit over shareholders' equity, by fiscal year
Equity vs debt
Shareholders' equity against borrowings (₹ crore); the ratio below, same years.
- Equity
- Debt
Debt to equity
Dividends per share
₹ by fiscal year of the ex-date; the latest year runs to date.
Financial statements
| Line item | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 7,310 | 7,549 | 8,130 | 8,252 | 8,614 | 9,087 | 7,771 | 8,549 | 10,980 | 13,544 | 13,747 | 15,093 |
| Expenses | 3,789 | 3,900 | 4,184 | 4,129 | 4,115 | 4,267 | 3,912 | 4,104 | 4,926 | 5,838 | 5,697 | 5,845 |
| Operating Profit | 3,521 | 3,649 | 3,946 | 4,123 | 4,499 | 4,820 | 3,859 | 4,445 | 6,054 | 7,706 | 8,050 | 9,248 |
| OPM % | 48% | 48% | 49% | 50% | 52% | 53% | 50% | 52% | 55% | 57% | 59% | 61% |
| Other Income | 296 | 273 | 268 | 187 | 218 | 227 | 279 | 238 | 318 | 280 | 316 | 374 |
| Interest | 243 | 262 | 256 | 303 | 285 | 251 | 240 | 259 | 195 | 187 | 132 | 88 |
| Depreciation | 905 | 937 | 844 | 877 | 905 | 1,014 | 913 | 882 | 947 | 1,048 | 920 | 962 |
| Profit before tax | 2,669 | 2,723 | 3,114 | 3,130 | 3,527 | 3,782 | 2,985 | 3,542 | 5,230 | 6,751 | 7,314 | 8,572 |
| Tax % | 24% | 25% | 25% | 26% | 24% | 21% | 25% | 25% | 25% | 25% | 25% | 25% |
| Net Profit | 2,028 | 2,038 | 2,345 | 2,327 | 2,678 | 3,003 | 2,234 | 2,649 | 3,916 | 5,033 | 5,469 | 6,412 |
| EPS in Rs | ₹4.80 | ₹4.82 | ₹5.55 | ₹5.51 | ₹6.34 | ₹7.11 | ₹5.29 | ₹6.27 | ₹9.27 | ₹11.91 | ₹12.94 | ₹15.18 |
From company filings, updated 26 Oct 2026. Consolidated figures where the company reports them. Information only, not investment advice.
Working-capital cycle
-3 days since Mar 2021
-3 days since Mar 2021
+16 days since Mar 2021
Strengths, risks & growth
Incorporated in 1966, Hindustan Zinc in Zinc-Lead and Silver business is world’s 2nd largest integrated Zinc producer and Hindustan Zinc is the 3rd largest silver producer globally with an annual capacity of 800MT . The company has a market share of ~75% of the growing Zinc market in India with its headquarters at Zinc City, Udaipur along with Zinc-Lead mines and smelting complexes spread across the state of Rajasthan. [1]
Strengths
- Company has reduced debt.
- Company is expected to give good quarter
- Company has a good return on equity (ROE) track record: 3 Years ROE 69.0%
Risks
- Promoter holding has decreased over last 3 years: -4.21%
Compounded Sales Growth
- 10 Years
- —
- 5 Years
- +13%
- 3 Years
- +6%
- TTM
- +57%
Compounded Profit Growth
- 10 Years
- —
- 5 Years
- +12%
- 3 Years
- +10%
- TTM
- +97%
Stock Price CAGR
- 10 Years
- +7%
- 5 Years
- +9%
- 3 Years
- +19%
- 1 Year
- +2%
Return on Equity
- 10 Years
- —
- 5 Years
- +50%
- 3 Years
- +69%
- Last Year
- +77%
Strengths and risks are a machine-generated checklist, not advice; growth is compounded annually over each period.
Shareholding pattern
| Holder | Dec 2025 | Mar 2026 | Jun 2026 | Sept 2026 | Change |
|---|---|---|---|---|---|
| Promoter | 61.84% | 60.71% | 60.71% | 60.71% | 0.00 pp |
| FII | 1.54% | 2.39% | 2.20% | 2.37% | +0.17 pp |
| DII | 4.68% | 4.84% | 4.96% | 4.84% | -0.12 pp |
| Government | 27.92% | 27.92% | 27.92% | 27.92% | 0.00 pp |
| Public | 4.01% | 4.12% | 4.21% | 4.15% | -0.06 pp |
Filed with NSE for Sept 2026: promoters 60.71%, public 39.29% · XBRL filing
Analysts & fund holdings
Who holds the shares, quarter by quarter
Mutual funds 1.77% (+0.36 pp)- Promoters60.7%
- Foreign institutions2.4%
- Mutual funds1.8%
- Insurance2.6%
- Other domestic institutions0.5%
- Retail3.2%
- Others28.9%
| Fund | % of company | % of fund | 3-month change |
|---|---|---|---|
| Kotak Arbitrage Fund | 0.17% | 0.52% | -0.11 pp |
| Tata Value Fund | 0.16% | 4.33% | +2.49 pp |
| Aditya Birla SL Arbitrage Fund | 0.09% | 0.76% | -0.07 pp |
| ICICI Pru Large Cap Fund | 0.09% | 0.27% | +0.27 pp |
| Old Bridge Focused Fund | 0.08% | 3.93% | -0.14 pp |
Scorecard
- Performance
- Avg
- Valuation
- High
- Growth
- Low
- Profitability
- High
- Entry point
- Good
- Red flags
- Avg
Analyst coverage, holdings and scorecard from market data; not a recommendation by Parasram India.
Risk & trend
From 275 daily sessions to 23 Oct 2026.
Risk
- Volatility (1Y)
- 38.4%
- Downside volatility
- 39.0%
- Worst 5% of days
- 4.4%
- Average of that tail
- 5.8%
- Max drawdown (1Y)
- 32.9%
- Below its peak
- 31.8%
Against the market
- Beta vs Nifty 50
- 1.09
- Correlation
- 0.38
- Relative strength (3M)
- -1.3%
- ATR (14)
- 3.4%
Return
- Return 1M
- -16.0%
- Return 3M
- -6.6%
- Return 6M
- -18.0%
- Return 1Y
- -1.9%
- vs 200-day average
- -15.0%
Momentum
- RSI (14) · oversold
- 28.0
- MACD histogram
- -4.14
- Stochastic %K
- 5.2
- ADX (14)
- 27.6
- +DI / −DI
- 13.3 / 38.5
- Money flow index
- 25.5
Participation
- Delivery (20d avg)
- 44.5%
- vs its 60-day baseline
- +0.2 pts
- Volume vs 20-day
- +0.5σ
- Close vs day's VWAP
- -0.2%
- 52-week position
- 18 / 100
These describe what this stock's price has already done. They are not forecasts, signals or recommendations, and a dash means the figure was withheld for want of enough history rather than being zero.
Financial quality
From consolidated statements to 31 Mar 2026.
Piotroski F-Score
6 of 6 tested
- Return on assets positive — passed
- Operating cash flow positive — not testableno cash flow statement for this period
- Return on assets improving — passed
- Cash flow exceeds profit — not testableneeds cash flow and profit against assets
- Debt to assets falling — passed
- Current ratio improving — passed
- No new equity issued — not testableno share count is collected, and financing cash flow mixes equity with debt
- Operating margin improving — passed
- Asset turnover improving — passed
- Free cash flow
- ₹11,733 Cr
- FCF yield
- 5.6%
- Cash conversion
- 1.23
- Accruals ratio
- -0.075
- Net debt
- ₹8,536 Cr
- Net debt / equity
- 0.38
- EV / sales
- 4.09
- PEG
- 0.15
- Capex intensity
- 12.9%
- Revenue CAGR
- 49.0%
- Profit CAGR
- 67.6%
Computed from filed statements, not filed themselves. A dash means an input was absent, and the score counts only the criteria that could actually be tested.
Model simulation
30 independent runs of NeoQuasar/Kronos-small, conditioned on daily bars to 23 Oct 2026, simulating 10 sessions ahead.
Lower edge (10th percentile)
₹497.79
+0.4%
Upper edge (90th percentile)
₹547.69
+10.4%
The marker is the last close, ₹496. Eight of every ten simulated runs ended inside this range; the middle run ended at ₹517.25 (+4.3%), which is the centre of the simulation and not an expected or target price.
The model reads price history only. It has not seen this company's results, its filings, its industry or anything that happened after 23 Oct 2026. Ranges widen with horizon because the further out the simulation runs, the less the recent past constrains it.
Corporate actions
- dividend₹11.00
Interim Dividend - Rs 11 Per Share
30 Apr 2026ex-date - dividend₹10.00
Interim Dividend - Rs 10 Per Share
17 Jun 2025ex-date - dividend₹19.00
Interim Dividend - Rs 19 Per Share
28 Aug 2024ex-date - otherNot available — not reported in this filing
Annual General Meeting
23 Jul 2024ex-date - dividend₹10.00
Interim Dividend - Rs 10 Per Share
15 May 2024ex-date - dividend₹6.00
Interim Dividend - Rs 6 Per Share
14 Dec 2023ex-date - otherNot available — not reported in this filing
Annual General Meeting
18 Aug 2023ex-date - dividend₹7.00
Interim Dividend - Rs 7 Per Share
14 Jul 2023ex-date - dividend₹26.00
Interim Dividend - Rs 26 Per Share
29 Mar 2023ex-date - dividend₹13.00
Interim Dividend - Rs 13 Per Share
30 Jan 2023ex-date - dividend₹15.50
Interim Dividend - Rs 15.50 Per Share
23 Nov 2022ex-date - otherNot available — not reported in this filing
Annual General Meeting
2 Aug 2022ex-date - dividend₹21.00
Interim Dividend- Rs 21 Per Share
20 Jul 2022ex-date - dividend₹18.00
Interim Dividend - Rs 18 Per Share
14 Dec 2021ex-date - otherNot available — not reported in this filing
Annual General Meeting
3 Aug 2021ex-date - dividend₹21.30
Interim Dividend - Rs 21.30 Per Share
27 Oct 2020ex-date - otherNot available — not reported in this filing
Annual General Meeting
27 Aug 2020ex-date - dividend₹16.50
Interim Dividend - Rs 16.5 Per Share
19 May 2020ex-date - otherNot available — not reported in this filing
Annual General Meeting
24 Jul 2019ex-date - dividend₹20.00
Interim Dividend - Rs 20 Per Share
31 Oct 2018ex-date
Company announcements
Please refer the enclosed file.
Please refer the enclosed file.
Please refer the enclosed file
Please refer the enclosed file
Please refer the enclosed file
Please refer the enclosed file
Please refer the enclosed file
Please refer the enclosed file
Please refer the enclosed file.
Please refer the enclosed file.
Hindustan Zinc Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 19/10/2026 ,inter alia, to consider and approve Unaudited Financial Results ....
Please refer the enclosed file.
Please refer the enclosed file.
The Exchange has received the Disclosures of reasons for encumbrance by promoter of listed companies under Reg. 31(1) read with Regulation 28(3) of SEBI (SAST) Regulations, 2011 on October ....
The Exchange has received the Disclosures of reasons for encumbrance by promoter of listed companies under Reg. 31(1) read with Regulation 28(3) of SEBI (SAST) Regulations, 2011 on September ....
Filed with BSE (scrip 500188); the last 45 days. Documents open at bseindia.com.
SEBI filings & orders
From SEBI's website. An order may concern the company, its officers or trading in its shares, and may be under appeal - read the order itself. Personal identifiers are withheld.
Regulatory orders
- Adjudication order
Adjudication order in respect of Hindustan Zinc Limited in the matter of Sharepro Services (I) Private Limited
28 Sept 2018Read on SEBI - Order
Order against Hindustan Zinc Limited
12 Jun 2003Read on SEBI
Documents
Annual reports
Earnings calls
- Oct 2026TranscriptRecording
- Jul 2026TranscriptSlides
- Apr 2026TranscriptSlidesRecording
- Jan 2026TranscriptSlidesRecording
- Jan 2026Slides
- Oct 2025TranscriptSlides
Credit ratings
- Rating update · 7 Aug from crisil
- Rating update · 30 Mar from crisil
- Rating update · 30 Jan from icra
- Rating update · 10 Oct 2025 from crisil
- Rating update · 24 Sep 2025 from crisil
- Rating update · 8 Aug 2025 from crisil
Documents open at BSE or the rating agency that issued them.
Sourced from the company's NSE XBRL filing dated 20 Oct 2026 (unaudited). View the source filing. Figures are as filed and are not investment advice.
Hindustan Zinc: common questions
Answered from the figures on this page.
