Hindustan Zinc Ltd.
•2026-08-21
PROS
- Company has a good return on equity (ROE) track record: 3 Years ROE 68.2%
- Company has a healthy return on capital (ROCE) of 58.7%
- Company has consistently been profitable over the last 5 years
- Latest quarter profit grew 144.8% YoY, showing strong momentum
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 1.39x)
- Company has been maintaining a healthy dividend payout of 30.5%
CONS
- Receivables are growing faster than sales - a possible quality concern
- Promoter holding has decreased over last 2 years: -4.2pp
- Working capital days have increased from 5 to 48 days
- Stock is trading at 9.4x its book value
- Recurring exceptional / one-off items are inflating headline profit
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | HINDZINC | 554.00 | 13.72 | 234082.67 | 1.81 | 5469.00 | 144.81 | 13747.00 | 81.10 | 69.83 | 58.56 |
| 2. | HINDALCO | 1035.75 | 14.19 | 232756.49 | 0.48 | 7013.00 | 75.15 | 84825.00 | 32.06 | 10.45 | 16.43 |
| 3. | VEDL | 262.25 | 5.21 | 102549.93 | 12.96 | 7918.00 | 77.65 | 24205.00 | -35.34 | 18.72 | 35.12 |
| 4. | HINDCOPPER | 554.90 | 47.21 | 53660.16 | 0.52 | 352.37 | 162.47 | 936.50 | 81.36 | 24.00 | 54.17 |
| 5. | VOGL | 36.67 | 0.00 | 14112.59 | 0.00 | 9450.00 | — | 25070.00 | — | 0.00 | 32.47 |
| 6. | GRAVITA | 1793.00 | 33.77 | 13233.86 | 0.00 | 106.37 | 14.30 | 1475.06 | 41.84 | 21.95 | 7.44 |
| 7. | JAINREC | 288.80 | 27.61 | 9966.08 | 0.00 | 69.41 | 22.79 | 2724.46 | 75.86 | 25.74 | 3.97 |
| 8. | CMRGREEN | 213.10 | 21.98 | 4668.07 | 0.00 | 68.18 | — | 3122.73 | 91.98 | 13.41 | 4.33 |
| 9. | POCL | 500.15 | 26.76 | 3815.05 | 0.40 | 358.80 | 42.58 | 9348.90 | 55.08 | 15.68 | 5.97 |
| 10. | ARDEE | 63.40 | 0.00 | 1998.37 | 0.00 | — | — | — | — | 49.04 | — |
| 11. | BHAGYANGR | 382.60 | 20.39 | 1281.57 | 0.00 | 20.24 | 167.37 | 705.08 | 45.20 | 9.17 | 5.43 |
| 12. | ONIXSOLAR | 338.85 | 0.00 | 1249.27 | 0.00 | 208.97 | — | 945.10 | — | 32.85 | 29.74 |
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 7,111 | 6,619 | 7,067 | 7,285 | 7,893 | 8,004 | 8,315 | 8,829 | 7,591 | 8,282 | 10,627 | 12,692 | 13,747 | |
| 3,935 | 3,652 | 3,789 | 3,900 | 4,184 | 4,129 | 4,115 | 4,267 | 3,912 | 4,104 | 4,926 | 5,838 | 6,749 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 282 | 223 | 296 | 273 | 268 | 270 | 218 | 227 | 279 | 238 | 293 | 280 | 316 |
| Interest | 218 | 232 | 243 | 262 | 256 | 303 | 285 | 251 | 240 | 259 | 195 | 187 | 132 |
| Depreciation | 801 | 825 | 905 | 937 | 844 | 877 | 905 | 1,014 | 913 | 882 | 947 | 1,048 | 920 |
| 2,610 | 2,305 | 2,669 | 2,723 | 3,114 | 3,130 | 3,527 | 3,782 | 2,985 | 3,542 | 5,230 | 6,751 | 7,314 | |
| Tax % | 24.75% | 24.99% | 24.02% | 25.16% | 24.69% | 25.65% | 24.07% | 20.60% | 25.16% | 25.21% | 25.12% | 25.45% | 25.23% |
| Net Profit | 0 | 0 | 0 | 0 | 2,345 | 2,327 | 2,678 | 3,003 | 2,234 | 2,649 | 3,916 | 5,033 | 5,469 |
| 5 | 4 | 5 | 5 | 6 | 6 | 6 | 7 | 5 | 6 | 9 | 12 | 1 | |
| Equity Capital | 845 | 845 | 845 | 845 | 845 | 845 | 845 | 845 | 845 | 845 | 845 | 845 | 845 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 845 | 845 | 845 | 845 | 845 | 845 | 845 | 845 | 845 | 845 | 845 | 845 | 845 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
- 7,111
- 3,935
- Operating Profit
- —
- OPM %
- —
- Other Income
- 282
- Interest
- 218
- Depreciation
- 801
- 2,610
- Tax %
- 24.75%
- Net Profit
- 0
- 5
- Equity Capital
- 845
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 845
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 6,619
- 3,652
- Operating Profit
- —
- OPM %
- —
- Other Income
- 223
- Interest
- 232
- Depreciation
- 825
- 2,305
- Tax %
- 24.99%
- Net Profit
- 0
- 4
- Equity Capital
- 845
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 845
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 7,067
- 3,789
- Operating Profit
- —
- OPM %
- —
- Other Income
- 296
- Interest
- 243
- Depreciation
- 905
- 2,669
- Tax %
- 24.02%
- Net Profit
- 0
- 5
- Equity Capital
- 845
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 845
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 7,285
- 3,900
- Operating Profit
- —
- OPM %
- —
- Other Income
- 273
- Interest
- 262
- Depreciation
- 937
- 2,723
- Tax %
- 25.16%
- Net Profit
- 0
- 5
- Equity Capital
- 845
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 845
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 7,893
- 4,184
- Operating Profit
- —
- OPM %
- —
- Other Income
- 268
- Interest
- 256
- Depreciation
- 844
- 3,114
- Tax %
- 24.69%
- Net Profit
- 2,345
- 6
- Equity Capital
- 845
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 845
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 8,004
- 4,129
- Operating Profit
- —
- OPM %
- —
- Other Income
- 270
- Interest
- 303
- Depreciation
- 877
- 3,130
- Tax %
- 25.65%
- Net Profit
- 2,327
- 6
- Equity Capital
- 845
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 845
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 8,315
- 4,115
- Operating Profit
- —
- OPM %
- —
- Other Income
- 218
- Interest
- 285
- Depreciation
- 905
- 3,527
- Tax %
- 24.07%
- Net Profit
- 2,678
- 6
- Equity Capital
- 845
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 845
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 8,829
- 4,267
- Operating Profit
- —
- OPM %
- —
- Other Income
- 227
- Interest
- 251
- Depreciation
- 1,014
- 3,782
- Tax %
- 20.60%
- Net Profit
- 3,003
- 7
- Equity Capital
- 845
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 845
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 7,591
- 3,912
- Operating Profit
- —
- OPM %
- —
- Other Income
- 279
- Interest
- 240
- Depreciation
- 913
- 2,985
- Tax %
- 25.16%
- Net Profit
- 2,234
- 5
- Equity Capital
- 845
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 845
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 8,282
- 4,104
- Operating Profit
- —
- OPM %
- —
- Other Income
- 238
- Interest
- 259
- Depreciation
- 882
- 3,542
- Tax %
- 25.21%
- Net Profit
- 2,649
- 6
- Equity Capital
- 845
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 845
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 10,627
- 4,926
- Operating Profit
- —
- OPM %
- —
- Other Income
- 293
- Interest
- 195
- Depreciation
- 947
- 5,230
- Tax %
- 25.12%
- Net Profit
- 3,916
- 9
- Equity Capital
- 845
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 845
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 12,692
- 5,838
- Operating Profit
- —
- OPM %
- —
- Other Income
- 280
- Interest
- 187
- Depreciation
- 1,048
- 6,751
- Tax %
- 25.45%
- Net Profit
- 5,033
- 12
- Equity Capital
- 845
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 845
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 13,747
- 6,749
- Operating Profit
- —
- OPM %
- —
- Other Income
- 316
- Interest
- 132
- Depreciation
- 920
- 7,314
- Tax %
- 25.23%
- Net Profit
- 5,469
- 1
- Equity Capital
- 845
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 845
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|
| 22,629 | 29,440 | 34,098 | 28,932 | 34,083 | 40,844 | 45,348 | |
| 10,957 | 13,215 | 16,592 | 15,276 | 16,695 | 18,780 | 21,617 | |
| Operating Profit | 13,491 | 17,441 | 18,885 | 14,730 | 18,371 | 23,154 | — |
| OPM % | 60 | 59 | 55 | 51 | 54 | 57 | — |
| Other Income | 1,819 | 1,216 | 1,379 | 1,074 | 983 | 1,090 | 1,127 |
| Interest | 386 | 290 | 333 | 955 | 1,095 | 881 | 773 |
| Depreciation | 2,531 | 2,917 | 3,264 | 3,468 | 3,640 | 3,790 | 3,797 |
| 10,574 | 14,100 | 15,288 | 10,307 | 13,553 | 18,508 | 22,837 | |
| Tax % | 25 | 32 | 31 | 25 | 24 | 25 | 25 |
| Net Profit | 7,980 | 9,629 | 10,511 | 7,759 | 10,353 | 13,832 | 17,067 |
| EPS | 19 | 23 | 25 | 18 | 25 | 33 | — |
| Dividend Payout % | 113 | 79 | 303 | 71 | 118 | 31 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 19 | 23 | 25 | 18 | 25 | 33 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 19 | 23 | 25 | 18 | 25 | 33 | — |
- 22,629
- 10,957
- Operating Profit
- 13,491
- OPM %
- 60
- Other Income
- 1,819
- Interest
- 386
- Depreciation
- 2,531
- 10,574
- Tax %
- 25
- Net Profit
- 7,980
- EPS
- 19
- Dividend Payout %
- 113
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 19
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 19
- 29,440
- 13,215
- Operating Profit
- 17,441
- OPM %
- 59
- Other Income
- 1,216
- Interest
- 290
- Depreciation
- 2,917
- 14,100
- Tax %
- 32
- Net Profit
- 9,629
- EPS
- 23
- Dividend Payout %
- 79
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 23
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 23
- 34,098
- 16,592
- Operating Profit
- 18,885
- OPM %
- 55
- Other Income
- 1,379
- Interest
- 333
- Depreciation
- 3,264
- 15,288
- Tax %
- 31
- Net Profit
- 10,511
- EPS
- 25
- Dividend Payout %
- 303
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 25
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 25
- 28,932
- 15,276
- Operating Profit
- 14,730
- OPM %
- 51
- Other Income
- 1,074
- Interest
- 955
- Depreciation
- 3,468
- 10,307
- Tax %
- 25
- Net Profit
- 7,759
- EPS
- 18
- Dividend Payout %
- 71
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 18
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 18
- 34,083
- 16,695
- Operating Profit
- 18,371
- OPM %
- 54
- Other Income
- 983
- Interest
- 1,095
- Depreciation
- 3,640
- 13,553
- Tax %
- 24
- Net Profit
- 10,353
- EPS
- 25
- Dividend Payout %
- 118
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 25
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 25
- 40,844
- 18,780
- Operating Profit
- 23,154
- OPM %
- 57
- Other Income
- 1,090
- Interest
- 881
- Depreciation
- 3,790
- 18,508
- Tax %
- 25
- Net Profit
- 13,832
- EPS
- 33
- Dividend Payout %
- 31
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 33
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 33
- 45,348
- 21,617
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1,127
- Interest
- 773
- Depreciation
- 3,797
- 22,837
- Tax %
- 25
- Net Profit
- 17,067
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- —
- 5 Years:
- 13%
- 3 Years:
- 6%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- 12%
- 3 Years:
- 10%
STOCK PRICE CAGR
- 10 Years:
- 11%
- 5 Years:
- 13%
- 3 Years:
- 22%
- 1 Year:
- 33%
RETURN ON EQUITY
- 10 Years:
- —
- 5 Years:
- 56%
- 3 Years:
- 68%
- Last Year:
- 77%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - |
| Equity Capital | 845 | 845 | 845 | 845 | 845 | 845 |
| 31,468 | 33,436 | 12,087 | 14,350 | 12,481 | 21,784 | |
| 2,161 | 289 | 8,537 | 1,911 | 2,508 | 105 | |
| Trade Payables | 1,545 | 2,038 | 2,088 | 2,106 | 2,204 | 3,073 |
| 8,650 | 8,062 | 11,910 | 14,683 | 16,452 | 16,563 | |
| Total Liabilities | 44,669 | 44,670 | 35,467 | 33,895 | 34,490 | 42,370 |
| ASSETS | - | - | - | - | - | - |
| 16,808 | 17,396 | 17,564 | 18,042 | 18,543 | 19,889 | |
| Capital Work in Progress | 1,922 | 2,075 | 2,237 | 1,696 | 2,606 | 3,409 |
| 12,957 | 15,052 | 10,107 | 10,452 | 9,972 | 14,468 | |
| 1,425 | 1,953 | 1,862 | 1,926 | 1,889 | 2,054 | |
| 0 | 0 | 0 | 155 | 117 | 399 | |
| Cash & Bank | 9,376 | 5,763 | 1,412 | 175 | 177 | 319 |
| 2,181 | 2,431 | 2,285 | 1,449 | 1,186 | 1,832 | |
| Total Assets | 44,669 | 44,670 | 35,467 | 33,895 | 34,490 | 42,370 |
| Total Debt | 7,177 | 3,103 | 12,148 | 8,855 | 11,220 | 8,357 |
| Net Working Capital | 16,692 | 17,888 | -2,649 | 1,784 | 427 | 5,326 |
| Contingent Liabilities | 2,235 | 2,091 | 2,178 | 2,212 | 1,810 | 1,686 |
| Book Value per Share | 76.48 | 81.14 | 30.61 | 35.96 | 31.54 | 53.56 |
| Face Value | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 |
| Total Debt | 7,177 | 3,103 | 12,148 | 8,855 | 11,220 | 8,357 |
| Net Working Capital | 16,692 | 17,888 | -2,649 | 1,784 | 427 | 5,326 |
| Contingent Liabilities | 2,235 | 2,091 | 2,178 | 2,212 | 1,810 | 1,686 |
| Book Value per Share | 76.48 | 81.14 | 30.61 | 35.96 | 31.54 | 53.56 |
| Face Value | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 |
- Equity Capital
- 845
- 31,468
- 2,161
- Trade Payables
- 1,545
- 8,650
- Total Liabilities
- 44,669
- 16,808
- Capital Work in Progress
- 1,922
- 12,957
- 1,425
- 0
- Cash & Bank
- 9,376
- 2,181
- Total Assets
- 44,669
- Total Debt
- 7,177
- Net Working Capital
- 16,692
- Contingent Liabilities
- 2,235
- Book Value per Share
- 76.48
- Face Value
- 2.00
- Total Debt
- 7,177
- Net Working Capital
- 16,692
- Contingent Liabilities
- 2,235
- Book Value per Share
- 76.48
- Face Value
- 2.00
- Equity Capital
- 845
- 33,436
- 289
- Trade Payables
- 2,038
- 8,062
- Total Liabilities
- 44,670
- 17,396
- Capital Work in Progress
- 2,075
- 15,052
- 1,953
- 0
- Cash & Bank
- 5,763
- 2,431
- Total Assets
- 44,670
- Total Debt
- 3,103
- Net Working Capital
- 17,888
- Contingent Liabilities
- 2,091
- Book Value per Share
- 81.14
- Face Value
- 2.00
- Total Debt
- 3,103
- Net Working Capital
- 17,888
- Contingent Liabilities
- 2,091
- Book Value per Share
- 81.14
- Face Value
- 2.00
- Equity Capital
- 845
- 12,087
- 8,537
- Trade Payables
- 2,088
- 11,910
- Total Liabilities
- 35,467
- 17,564
- Capital Work in Progress
- 2,237
- 10,107
- 1,862
- 0
- Cash & Bank
- 1,412
- 2,285
- Total Assets
- 35,467
- Total Debt
- 12,148
- Net Working Capital
- -2,649
- Contingent Liabilities
- 2,178
- Book Value per Share
- 30.61
- Face Value
- 2.00
- Total Debt
- 12,148
- Net Working Capital
- -2,649
- Contingent Liabilities
- 2,178
- Book Value per Share
- 30.61
- Face Value
- 2.00
- Equity Capital
- 845
- 14,350
- 1,911
- Trade Payables
- 2,106
- 14,683
- Total Liabilities
- 33,895
- 18,042
- Capital Work in Progress
- 1,696
- 10,452
- 1,926
- 155
- Cash & Bank
- 175
- 1,449
- Total Assets
- 33,895
- Total Debt
- 8,855
- Net Working Capital
- 1,784
- Contingent Liabilities
- 2,212
- Book Value per Share
- 35.96
- Face Value
- 2.00
- Total Debt
- 8,855
- Net Working Capital
- 1,784
- Contingent Liabilities
- 2,212
- Book Value per Share
- 35.96
- Face Value
- 2.00
- Equity Capital
- 845
- 12,481
- 2,508
- Trade Payables
- 2,204
- 16,452
- Total Liabilities
- 34,490
- 18,543
- Capital Work in Progress
- 2,606
- 9,972
- 1,889
- 117
- Cash & Bank
- 177
- 1,186
- Total Assets
- 34,490
- Total Debt
- 11,220
- Net Working Capital
- 427
- Contingent Liabilities
- 1,810
- Book Value per Share
- 31.54
- Face Value
- 2.00
- Total Debt
- 11,220
- Net Working Capital
- 427
- Contingent Liabilities
- 1,810
- Book Value per Share
- 31.54
- Face Value
- 2.00
- Equity Capital
- 845
- 21,784
- 105
- Trade Payables
- 3,073
- 16,563
- Total Liabilities
- 42,370
- 19,889
- Capital Work in Progress
- 3,409
- 14,468
- 2,054
- 399
- Cash & Bank
- 319
- 1,832
- Total Assets
- 42,370
- Total Debt
- 8,357
- Net Working Capital
- 5,326
- Contingent Liabilities
- 1,686
- Book Value per Share
- 53.56
- Face Value
- 2.00
- Total Debt
- 8,357
- Net Working Capital
- 5,326
- Contingent Liabilities
- 1,686
- Book Value per Share
- 53.56
- Face Value
- 2.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 10,567 | 12,691 | 15,162 | 13,346 | 14,160 | 17,008 | |
| Cash from Investing | -2,435 | 846 | 6,529 | -3,406 | -2,706 | -8,906 |
| Cash from Financing | -9,697 | -12,258 | -23,224 | -9,946 | -11,411 | -7,901 |
| -1,565 | 1,279 | -1,533 | -6 | 43 | 201 | |
| Free Cash Flow | 10,567 | 9,466 | 12,273 | 10,099 | 9,375 | 11,506 |
| OCF / Net Profit | 1.32 | 1.32 | 1.44 | 1.72 | 1.37 | 1.23 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 0 | 52,719 |
| OCF / Net Profit | 1.32 | 1.32 | 1.44 | 1.72 | 1.37 | 1.23 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 0 | 52,719 |
- 10,567
- Cash from Investing
- -2,435
- Cash from Financing
- -9,697
- -1,565
- Free Cash Flow
- 10,567
- OCF / Net Profit
- 1.32
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.32
- Cumulative 5-Year FCF
- 0
- 12,691
- Cash from Investing
- 846
- Cash from Financing
- -12,258
- 1,279
- Free Cash Flow
- 9,466
- OCF / Net Profit
- 1.32
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.32
- Cumulative 5-Year FCF
- 0
- 15,162
- Cash from Investing
- 6,529
- Cash from Financing
- -23,224
- -1,533
- Free Cash Flow
- 12,273
- OCF / Net Profit
- 1.44
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.44
- Cumulative 5-Year FCF
- 0
- 13,346
- Cash from Investing
- -3,406
- Cash from Financing
- -9,946
- -6
- Free Cash Flow
- 10,099
- OCF / Net Profit
- 1.72
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.72
- Cumulative 5-Year FCF
- 0
- 14,160
- Cash from Investing
- -2,706
- Cash from Financing
- -11,411
- 43
- Free Cash Flow
- 9,375
- OCF / Net Profit
- 1.37
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.37
- Cumulative 5-Year FCF
- 0
- 17,008
- Cash from Investing
- -8,906
- Cash from Financing
- -7,901
- 201
- Free Cash Flow
- 11,506
- OCF / Net Profit
- 1.23
- Cumulative 5-Year FCF
- 52,719
- OCF / Net Profit
- 1.23
- Cumulative 5-Year FCF
- 52,719
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - |
| EPS (₹) | 18.89 | 22.79 | 24.88 | 18.36 | 24.50 | 32.74 |
| Book Value (₹) | 76.48 | 81.14 | 30.61 | 35.96 | 31.54 | 53.56 |
| Dividend per Share (₹) | 21.30 | 18.00 | 75.50 | 13.00 | 29.00 | 10.00 |
| Cash EPS (₹) | 24.88 | 29.69 | 32.60 | 26.57 | 33.12 | 41.71 |
| PROFITABILITY | - | - | - | - | - | - |
| Operating Margin % | 59.62% | 59.24% | 55.38% | 47.20% | 51.02% | 54.02% |
| Net Margin % | 35.26% | 32.71% | 30.83% | 26.82% | 30.38% | 33.87% |
| ROE % | 24.70% | 28.92% | 44.53% | 55.17% | 72.60% | 76.94% |
| ROCE % | 27.75% | 37.44% | 50.02% | 45.85% | 60.28% | 69.83% |
| 17.86% | 21.56% | 26.23% | 22.37% | 30.28% | 35.99% | |
| EFFICIENCY | - | - | - | - | - | - |
| Debtor Days | 7 | 7 | 6 | 3 | 1 | 2 |
| Inventory Days | 23 | 21 | 20 | 24 | 20 | 18 |
| Payable Days | 2360 | -2352 | -5266 | -4875 | 0 | -4939 |
| -2330 | 2380 | 5292 | 4902 | 22 | 4959 | |
| FINANCIAL HEALTH | - | - | - | - | - | - |
| Debt to Equity (x) | 0.22x | 0.09x | 0.94x | 0.58x | 0.84x | 0.37x |
| Interest Coverage (x) | 28.39x | 49.62x | 46.91x | 11.79x | 13.38x | 22.01x |
| 3.12x | 3.94x | 0.85x | 1.16x | 1.04x | 1.47x | |
| GROWTH | - | - | - | - | - | - |
| Revenue Growth % | 0.00% | 30.10% | 15.82% | -15.15% | 17.80% | 19.84% |
| Operating Profit Growth % | 0.00% | 29.28% | 8.28% | -22.00% | 24.72% | 26.04% |
| Net Profit Growth % | 0.00% | 20.66% | 9.16% | -26.18% | 33.43% | 33.60% |
| 0.00% | 0.00% | 0.00% | -26.18% | 33.43% | 33.60% | |
| VALUATION | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 15.91x | 18.85x | 15.34x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 8.13x | 14.65x | 9.38x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 4.45% | 6.28% | 1.99% |
| 0.00x | 0.00x | 0.00x | 8.97x | 11.23x | 9.51x |
- EPS (₹)
- 18.89
- Book Value (₹)
- 76.48
- Dividend per Share (₹)
- 21.30
- Cash EPS (₹)
- 24.88
- Operating Margin %
- 59.62%
- Net Margin %
- 35.26%
- ROE %
- 24.70%
- ROCE %
- 27.75%
- 17.86%
- Debtor Days
- 7
- Inventory Days
- 23
- Payable Days
- 2360
- -2330
- Debt to Equity (x)
- 0.22x
- Interest Coverage (x)
- 28.39x
- 3.12x
- Revenue Growth %
- 0.00%
- Operating Profit Growth %
- 0.00%
- Net Profit Growth %
- 0.00%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 22.79
- Book Value (₹)
- 81.14
- Dividend per Share (₹)
- 18.00
- Cash EPS (₹)
- 29.69
- Operating Margin %
- 59.24%
- Net Margin %
- 32.71%
- ROE %
- 28.92%
- ROCE %
- 37.44%
- 21.56%
- Debtor Days
- 7
- Inventory Days
- 21
- Payable Days
- -2352
- 2380
- Debt to Equity (x)
- 0.09x
- Interest Coverage (x)
- 49.62x
- 3.94x
- Revenue Growth %
- 30.10%
- Operating Profit Growth %
- 29.28%
- Net Profit Growth %
- 20.66%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 24.88
- Book Value (₹)
- 30.61
- Dividend per Share (₹)
- 75.50
- Cash EPS (₹)
- 32.60
- Operating Margin %
- 55.38%
- Net Margin %
- 30.83%
- ROE %
- 44.53%
- ROCE %
- 50.02%
- 26.23%
- Debtor Days
- 6
- Inventory Days
- 20
- Payable Days
- -5266
- 5292
- Debt to Equity (x)
- 0.94x
- Interest Coverage (x)
- 46.91x
- 0.85x
- Revenue Growth %
- 15.82%
- Operating Profit Growth %
- 8.28%
- Net Profit Growth %
- 9.16%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 18.36
- Book Value (₹)
- 35.96
- Dividend per Share (₹)
- 13.00
- Cash EPS (₹)
- 26.57
- Operating Margin %
- 47.20%
- Net Margin %
- 26.82%
- ROE %
- 55.17%
- ROCE %
- 45.85%
- 22.37%
- Debtor Days
- 3
- Inventory Days
- 24
- Payable Days
- -4875
- 4902
- Debt to Equity (x)
- 0.58x
- Interest Coverage (x)
- 11.79x
- 1.16x
- Revenue Growth %
- -15.15%
- Operating Profit Growth %
- -22.00%
- Net Profit Growth %
- -26.18%
- -26.18%
- P/E (x)
- 15.91x
- P/B (x)
- 8.13x
- Dividend Yield %
- 4.45%
- 8.97x
- EPS (₹)
- 24.50
- Book Value (₹)
- 31.54
- Dividend per Share (₹)
- 29.00
- Cash EPS (₹)
- 33.12
- Operating Margin %
- 51.02%
- Net Margin %
- 30.38%
- ROE %
- 72.60%
- ROCE %
- 60.28%
- 30.28%
- Debtor Days
- 1
- Inventory Days
- 20
- Payable Days
- 0
- 22
- Debt to Equity (x)
- 0.84x
- Interest Coverage (x)
- 13.38x
- 1.04x
- Revenue Growth %
- 17.80%
- Operating Profit Growth %
- 24.72%
- Net Profit Growth %
- 33.43%
- 33.43%
- P/E (x)
- 18.85x
- P/B (x)
- 14.65x
- Dividend Yield %
- 6.28%
- 11.23x
- EPS (₹)
- 32.74
- Book Value (₹)
- 53.56
- Dividend per Share (₹)
- 10.00
- Cash EPS (₹)
- 41.71
- Operating Margin %
- 54.02%
- Net Margin %
- 33.87%
- ROE %
- 76.94%
- ROCE %
- 69.83%
- 35.99%
- Debtor Days
- 2
- Inventory Days
- 18
- Payable Days
- -4939
- 4959
- Debt to Equity (x)
- 0.37x
- Interest Coverage (x)
- 22.01x
- 1.47x
- Revenue Growth %
- 19.84%
- Operating Profit Growth %
- 26.04%
- Net Profit Growth %
- 33.60%
- 33.60%
- P/E (x)
- 15.34x
- P/B (x)
- 9.38x
- Dividend Yield %
- 1.99%
- 9.51x
Documents
Announcements
- Press Release
2026-08-18 - Hindustan Zinc Limited has informed the Exchange regarding a press release dated August 18, 2026, titled "Hindustan Zinc increases renewable power consumption to 22%; Targets 70% by FY28".
- Change in Director(s)
2026-08-15 - Hindustan Zinc Limited has informed the Exchange regarding Change in Director(s) of the company.
Annual Reports
Credit Ratings
- Credit Rating
2026-08-11 - Hindustan Zinc Limited has informed the Exchange about Credit Rating
- Credit Rating
2026-01-31 - Hindustan Zinc Limited has informed the Exchange about Credit Rating
- Credit Rating
2025-09-10 - Hindustan Zinc Limited has informed the Exchange about Credit Rating
Concalls
Jul 2026
Apr 2026
Jan 2026

