Hindustan Zinc Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- Excellent return on equity (ROE 76.6%)
- Efficient capital deployment (ROCE 69.5%)
- Attractively valued vs sector (P/E 10.1x vs industry 29.4x)
- Low debt relative to equity (D/E 0.2x)
- Regular dividends — yield 2.2%
Concerns
Today's Price Action
Hindustan Zinc Limited closed at ₹506.8, matching the previous close with zero percent change. Trading volume stood at 42,54,547 shares, identical to the 20‑day average, indicating that today’s activity aligns with the typical liquidity pattern for the stock.
Valuation Snapshot
The company trades at a trailing P/E of 10.1, a figure that is not directly comparable with the sector‑wide P/E of 0 because the sector average is undefined in the current data set. Its price‑to‑book ratio of 0.0 combined with a return on equity of 76.6 % reflects a very high earnings yield relative to its book value.
Key Levels to Watch
The 52‑week range spans ₹454 at the low end to ₹733 at the high, placing the current price roughly 12 % above the year‑low and 31 % below the year‑high. Open‑interest‑driven support and resistance zones around the mid‑range (≈₹580) and the recent swing low (≈₹470) are visible on the order‑flow profile.
Chart Pattern
In the last ten trading days the daily chart displayed a bearish engulfing candle two sessions ago and, seven sessions ago, a dragonfly doji followed by a hammer. These formations suggest a recent shift from bearish pressure to a short‑term indecision‑to‑potential‑reversal signal on the daily timeframe.
Data Summary
Key metrics show a market price of ₹506.8 with a P/E of 10.1, a P/B of zero and an unusually high ROE of 76.6 %. Volume remains consistent with its 20‑day average, and the stock sits within the lower‑middle segment of its ₹454‑₹733 52‑week band.
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| ADANIENT Adani Enterprises Limited | ₹2,480 | ₹3.4L Cr | 141 | 3.96 | 4.48 | 5.8 | 2.03 |
| JSWSTEEL JSW Steel Limited | ₹1,241 | ₹2.9L Cr | 18.5 | 2.68 | 10.2 | 11 | 0.62 |
| TATASTEEL Tata Steel Limited | ₹169 | ₹2.1L Cr | 17.7 | 2.07 | 11.7 | 12.5 | 1.01 |
| HINDALCO Hindalco Industries Limited | ₹894 | ₹2.0L Cr | 9.39 | 1.47 | 13 | 13.2 | 0.56 |
| VAML Vedanta Aluminium Metal Limited | ₹— | ₹1.3L Cr | 8.51 | — | — | — | — |
| JINDALSTEL JINDAL STEEL LIMITED | ₹1,048 | ₹1.0L Cr | 32.1 | 2.04 | 8.22 | 9.7 | 0.43 |
| LLOYDSME Lloyds Metals And Energy Limited | ₹— | ₹1.0L Cr | 21 | 7.39 | 36.6 | 27.3 | 1.45 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
HINDZINC · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 64.92% | 64.92% | 64.92% | 63.42% | 63.42% | 63.42% |
| FII | 0.69% | 0.60% | 0.74% | 1.01% | 1.38% | 1.43% |
| DII | 2.97% | 2.98% | 3.01% | 3.12% | 4.12% | 4.14% |
| Public | 1.88% | 1.97% | 1.78% | 2.92% | 3.16% | 3.10% |
| Govt | 29.54% | 29.54% | 29.54% | 29.54% | 27.92% | 27.92% |
Corporate Events
To consider and approve the financial results for the period ended September 30, 2026
To consider and approve the financial results for the period ended Jun 30, 2026
Interim Dividend - Rs 11 Per Share
Interim Dividend - Rs 10 Per Share
Interim Dividend - Rs 19 Per Share
Annual General Meeting
Interim Dividend - Rs 10 Per Share
Interim Dividend - Rs 6 Per Share
Annual General Meeting
Interim Dividend - Rs 7 Per Share
Record: 14 Jul 2023
Latest News
All newsHindustan Zinc receives credit rating update
*Hindustan Zinc receives credit rating update.* The company's latest credit rating has been disclosed in a regulatory filing. No changes or downgrades were specified in the brief notice. **Rating remains stable** as per the filing. 📊 *STOCKS:* $HINDZINC | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #CreditRating
Hindustan Zinc Q2 profit doubles, shares rise 4%
*Hindustan Zinc Q2 profit doubles, shares rise 4%*. Net profit surged to **₹5,287 crore** from **₹2,032 crore** year-on-year due to higher metal prices and cost optimization. Revenue rose to **₹8,318 crore** from **₹5,674 crore**. Despite strong results, Jefferies cut its target price citing valuation concerns. 📊 *STOCKS:* $HINDZINC | 🏢 *SECTOR:* Metals | #HIGHIMPACT #Earnings
Bajaj Finance, Hindustan Zinc post strong Q2 profits; Jio IPO opens
*Bajaj Finance, Hindustan Zinc post strong Q2 profits; Jio IPO opens.* Bajaj Finance and Hindustan Zinc reported robust Q2 profit growth, beating street expectations. Jio Platforms launched its record ₹5.6 **lakh crore** IPO, the largest in Indian history. Markets reopen today after the Dussehra holiday. 📊 *STOCKS:* $BAJFINANCE $HINDZINC | 🏢 *SECTOR:* Banking | #HIGHIMPACT #Earnings
Hindustan Zinc releases sustainability report for FY25-26
*Hindustan Zinc releases sustainability report for FY25-26* details its ESG initiatives and environmental performance. The report highlights **zero harm** goals and **water conservation** metrics across operations. No financial updates or operational changes were disclosed. 📊 *STOCKS:* $HINDZINC | 🏢 *SECTOR:* Metals | #LOWIMPACT #Sustainability
Hindustan Zinc releases Climate Action Report 2025-26
*Hindustan Zinc releases Climate Action Report 2025-26*. The company outlined its sustainability roadmap focusing on carbon reduction and clean energy adoption. While no financial figures were disclosed, the report emphasizes long-term ESG compliance. This supports investor sentiment but has no immediate financial impact. 📊 *STOCKS:* $HINDZINC | 🏢 *SECTOR:* Corporate | #LOWIMPACT #ESG
Hindustan Zinc calls shareholder meeting via postal ballot
*Hindustan Zinc calls shareholder meeting via postal ballot* to decide key corporate matters. The notice outlines procedures for remote voting under SEBI regulations. No financial impact is expected from this routine compliance step. **No material changes to operations or earnings** are indicated. 📊 *STOCKS:* HINDZINC | 🏢 *SECTOR:* Metals | #LOWIMPACT #ShareholderMeeting
Hindustan Zinc shares see general updates on NSE
*Hindustan Zinc shares see general updates on NSE* as per a recent corporate filing. The update does not disclose any major financial or operational event. No significant impact on trading or fundamentals is expected. 📊 *STOCKS:* HINDZINC | 🏢 *SECTOR:* Corporate | #LOWIMPACT #HindustanZinc
Hindustan Zinc partners with Sulfozyme for sustainable metal recovery.
*Hindustan Zinc partners with Sulfozyme Agro under the Zinc Park Initiative.* The collaboration aims to advance sustainable metal recovery using bio-mining technologies. The press release highlights environmental innovation but reveals no financial outlay or revenue impact. Details on timelines or investment amounts are not disclosed. 📊 *STOCKS:* HINDZINC | 🏢 *SECTOR:* Corporate | #LOWIMPACT #Sustainability
Hindustan Zinc shares see general updates on NSE
*Hindustan Zinc shares see general updates on NSE.* The company filed routine updates with the exchange, containing no major financial or operational announcements. Such filings typically include administrative or compliance-related information. Traders should monitor for further material developments. 📊 *STOCKS:* HINDZINC | 🏢 *SECTOR:* Corporate | #LOWIMPACT #corporate
India plans another Hindustan Zinc stake sale
*India plans another Hindustan Zinc stake sale* The Indian government is considering a fresh stake sale in Hindustan Zinc, aiming to raise funds through disinvestment. This follows previous partial privatizations of the state-owned miner. Market reaction will depend on the stake size and pricing. 📊 *STOCKS:* HINDZINC | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #StakeSale
Financials
Quarterly Results
| Metric | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹13.5K Cr 23.4% | ₹11.0K Cr 28.4% | ₹8.5K Cr 10.0% | ₹7.8K Cr 14.5% | ₹9.1K Cr 5.5% | ₹8.6K Cr 4.4% | ₹8.3K Cr 1.5% | ₹8.1K Cr |
| Op. Profit | ₹7.7K Cr 27.3% | ₹6.1K Cr 36.2% | ₹4.4K Cr 15.2% | ₹3.9K Cr 19.9% | ₹4.8K Cr 7.1% | ₹4.5K Cr 9.1% | ₹4.1K Cr 4.5% | ₹3.9K Cr |
| OPM | 57.0% 3.6% | 55.0% 5.8% | 52.0% 4.0% | 50.0% 5.7% | 53.0% 1.9% | 52.0% 4.0% | 50.0% 2.0% | 49.0% |
| Net Profit | ₹5.0K Cr 28.5% | ₹3.9K Cr 47.8% | ₹2.6K Cr 18.6% | ₹2.2K Cr 25.6% | ₹3.0K Cr 12.1% | ₹2.7K Cr 15.1% | ₹2.3K Cr 0.8% | ₹2.3K Cr |
| EPS (₹) | 11.91 28.5% | 9.27 47.8% | 6.27 18.5% | 5.29 25.6% | 7.11 12.1% | 6.34 15.1% | 5.51 0.7% | 5.55 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
| Revenue | ₹40.8K Cr 19.8% | ₹34.1K Cr 17.8% | ₹28.9K Cr 15.2% | ₹34.1K Cr 15.8% | ₹29.4K Cr 30.1% | ₹22.6K Cr |
| Expenses | ₹18.8K Cr 12.7% | ₹16.7K Cr 9.2% | ₹15.3K Cr 8.0% | ₹16.6K Cr 25.5% | ₹13.2K Cr 20.6% | ₹11.0K Cr |
| Op. Profit | ₹22.1K Cr 26.7% | ₹17.4K Cr 27.5% | ₹13.7K Cr 21.9% | ₹17.5K Cr 8.0% | ₹16.2K Cr 39.0% | ₹11.7K Cr |
| OPM | 54.0% 5.9% | 51.0% 8.5% | 47.0% 7.8% | 51.0% 7.3% | 55.0% 5.8% | 52.0% |
| Other Income | ₹1.1K Cr 28.2% | ₹857 Cr 18.7% | ₹1.1K Cr 23.1% | ₹1.4K Cr 26.6% | ₹1.1K Cr 40.5% | ₹1.8K Cr |
| Interest | ₹881 Cr 19.5% | ₹1.1K Cr 14.7% | ₹955 Cr 186.8% | ₹333 Cr 14.8% | ₹290 Cr 24.9% | ₹386 Cr |
| Depreciation | ₹3.8K Cr 4.1% | ₹3.6K Cr 5.0% | ₹3.5K Cr 6.3% | ₹3.3K Cr 11.9% | ₹2.9K Cr 15.3% | ₹2.5K Cr |
| PBT | ₹18.5K Cr 36.6% | ₹13.6K Cr 31.5% | ₹10.3K Cr 32.6% | ₹15.3K Cr 8.4% | ₹14.1K Cr 33.3% | ₹10.6K Cr |
| Tax % | 25.0% 4.2% | 24.0% 4.0% | 25.0% 19.4% | 31.0% 3.1% | 32.0% 28.0% | 25.0% |
| Net Profit | ₹13.8K Cr 33.6% | ₹10.4K Cr 33.4% | ₹7.8K Cr 26.2% | ₹10.5K Cr 9.2% | ₹9.6K Cr 20.7% | ₹8.0K Cr |
| EPS (₹) | 32.74 33.6% | 24.5 33.4% | 18.36 26.2% | 24.88 9.2% | 22.79 20.6% | 18.89 |
| Div Payout | 0.0% 100.0% | 118.0% 66.2% | 71.0% 76.6% | 303.0% 283.5% | 79.0% 30.1% | 113.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Sep 2026 | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|---|
Liabilities | |||||||
| Equity Capital | ₹845 Cr 0.0% | ₹845 Cr 0.0% | ₹845 Cr 0.0% | ₹845 Cr 0.0% | ₹845 Cr 0.0% | ₹845 Cr 0.0% | ₹845 Cr |
| Reserves | ₹29.1K Cr 33.7% | ₹21.8K Cr 74.5% | ₹12.5K Cr 13.0% | ₹14.3K Cr 18.7% | ₹12.1K Cr 63.9% | ₹33.4K Cr 6.3% | ₹31.5K Cr |
| Borrowings | ₹6.7K Cr 23.8% | ₹8.7K Cr 20.4% | ₹11.0K Cr 25.7% | ₹8.7K Cr 26.6% | ₹11.9K Cr 317.8% | ₹2.8K Cr 60.5% | ₹7.2K Cr |
| Other Liabilities | ₹10.8K Cr 1.5% | ₹11.0K Cr 8.0% | ₹10.2K Cr 2.2% | ₹10.0K Cr 6.3% | ₹10.7K Cr 41.2% | ₹7.5K Cr 21.4% | ₹6.2K Cr |
| Total Liabilities | ₹47.5K Cr 12.0% | ₹42.4K Cr 22.8% | ₹34.5K Cr 1.8% | ₹33.9K Cr 4.4% | ₹35.5K Cr 20.6% | ₹44.7K Cr 2.3% | ₹45.7K Cr |
Assets | |||||||
| Fixed Assets | ₹19.8K Cr 0.5% | ₹19.9K Cr 7.1% | ₹18.6K Cr 2.5% | ₹18.2K Cr 3.0% | ₹17.6K Cr 1.3% | ₹17.4K Cr 3.5% | ₹16.8K Cr |
| CWIP | ₹4.4K Cr 29.0% | ₹3.4K Cr 30.8% | ₹2.6K Cr 53.7% | ₹1.7K Cr 24.2% | ₹2.2K Cr 7.8% | ₹2.1K Cr 8.0% | ₹1.9K Cr |
| Investments | ₹15.9K Cr 10.0% | ₹14.5K Cr 45.1% | ₹10.0K Cr 4.6% | ₹10.5K Cr 3.4% | ₹10.1K Cr 32.9% | ₹15.1K Cr 16.2% | ₹13.0K Cr |
| Other Assets | ₹7.3K Cr 60.7% | ₹4.6K Cr 37.9% | ₹3.3K Cr 8.1% | ₹3.6K Cr 34.6% | ₹5.5K Cr 45.8% | ₹10.1K Cr 27.7% | ₹14.0K Cr |
| Total Assets | ₹47.5K Cr 12.0% | ₹42.4K Cr 22.8% | ₹34.5K Cr 1.8% | ₹33.9K Cr 4.4% | ₹35.5K Cr 20.6% | ₹44.7K Cr 2.3% | ₹45.7K Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
| Operating CF | ₹17.0K Cr 20.1% | ₹14.2K Cr 6.1% | ₹13.3K Cr 12.0% | ₹15.2K Cr 19.5% | ₹12.7K Cr 20.1% | ₹10.6K Cr |
| Investing CF | ₹-8.9K Cr 229.1% | ₹-2.7K Cr 20.6% | ₹-3.4K Cr 152.2% | ₹6.5K Cr 671.7% | ₹846 Cr 134.7% | ₹-2.4K Cr |
| Financing CF | ₹-7.9K Cr 30.8% | ₹-11.4K Cr 14.7% | ₹-9.9K Cr 57.2% | ₹-23.2K Cr 89.5% | ₹-12.3K Cr 26.4% | ₹-9.7K Cr |
| Net Cash Flow | ₹201 Cr 367.4% | ₹43 Cr 816.7% | ₹-6 Cr 99.6% | ₹-1.5K Cr 219.9% | ₹1.3K Cr 181.7% | ₹-1.6K Cr |
| Free Cash Flow | ₹11.7K Cr 15.6% | ₹10.2K Cr 6.6% | ₹9.5K Cr 17.7% | ₹11.6K Cr 19.2% | ₹9.7K Cr 19.4% | ₹8.1K Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
| Debtor Days | 4d 300.0% | 1d 50.0% | 2d 50.0% | 4d 55.6% | 9d 28.6% | 7d |
| Inventory Days | — | — | — | — | — | — |
| Days Payable | — | — | — | — | — | — |
| Cash Conv. Cycle | 4d 300.0% | 1d 50.0% | 2d 50.0% | 4d 55.6% | 9d 28.6% | 7d |
| Working Capital Days | -75d 21.1% | -95d 8.7% | -104d 30.2% | -149d 313.9% | -36d 60.4% | -91d |
| ROCE | 70.0% 14.8% | 61.0% 32.6% | 46.0% 8.0% | 50.0% 35.1% | 37.0% | — |
Source: Screener.in · Lower days = better efficiency
Deep Dive Analysis
About Hindustan Zinc Limited
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]
Metals & MiningNon - Ferrous Metals