Non - Ferrous Metals
Hindustan Zinc is a prominent zinc company based in Udaipur, India, with a stock ticker of HINDZINC and a substantial market capitalization of Rs. 181,414.1 Crores.
The company is engaged in the exploration, extraction, and processing of minerals, providing services not only in India but across Asia and globally. Hindustan Zinc operates through two primary segments: Zinc, Lead, Silver & Others and Wind Energy. It produces a variety of products, including refined zinc, lead, silver, and sulphuric acid, along with manufacturing metals and related alloys.
In addition to its mineral operations, Hindustan Zinc has a diversified energy portfolio, operating captive thermal, wind, solar, and waste heat recovery power plants. The company is also involved in sports activities and the production and sale of phosphatic fertilizers.
Established in 1966, Hindustan Zinc is a subsidiary of Vedanta Limited. It reported a trailing revenue of Rs. 33,574 Crores over the past 12 months and has shown a revenue growth of 8.1% in the last year. The company has been profitable, generating a profit of Rs. 9,388 crores over the last four quarters.
Hindustan Zinc is committed to returning value to its investors, offering a dividend yield of 8.15% per year. In the latest financial year, it distributed Rs. 35 as dividends per share.
Updated Apr 28, 2025
Hindustan Zinc Limited has made a historic move by integrating women into night shifts at its Rampura Agucha mine.
The company has achieved over 25% female representation in its workforce, demonstrating a commitment to gender diversity.
Hindustan Zinc is recognized for its sustainability efforts and holds a dominant market position in zinc production in India.
This information is AI-generated and may contain inaccuracies. Please verify from multiple sources.
Profitability: Very strong Profitability. One year profit margin are 28%.
Dividend: Pays a strong dividend yield of 8.14%.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Size: It is among the top 200 market size companies of india.
Smart Money: Smart money is taking extra interest in the stock as they increase their holdings.
Momentum: Stock has a weak negative price momentum.
Comprehensive comparison against sector averages
HINDZINC metrics compared to Non
Category | HINDZINC | Non |
---|---|---|
PE | 20.03 | 13.54 |
PS | 5.60 | 1.32 |
Growth | 8.1 % | 7.8 % |
HINDZINC vs Non (2021 - 2025)
Summary of Hindustan Zinc's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.
Last updated: Jan 25
Management Outlook and Major Points:
1. Market & Demand Outlook:
2. Operational Priorities:
3. Growth Projects:
4. Financial Performance:
5. Strategic Initiatives:
Key Risks: Geotechnical challenges in mines, visa delays for technical experts, and volatile commodity prices. Management remains confident in leveraging India's growth and operational agility to sustain industry-leading margins.
Last updated: Jan 25
Question 1 (Amit Dixit, ICICI Securities):
Is it possible to quantify the hedging gain in this quarter, the residual hedging quantity we have, and if there was any fresh exposure taken in this quarter?
Answer: Hedging gains for the 9-month period were Rs.58 crore (recognized in P&L), with Rs.64 crore deferred to Q4 via OCI. Open hedging exposure is 18,000 tons of zinc. No fresh hedges were added in Q3.
Question 2 (Ashish Kejriwal, Nuvama Wealth Management):
Are you maintaining the mine metal and refined zinc production guidance for FY25, given the Q4 target implies a significant sequential increase?
Answer: Full-year guidance remains unchanged. Q4 requires 316,000 tons of mined metal and 290,000 tons of refined metal, achievable with the new roaster commissioning in mid-February and improved operational readiness.
Question 3 (Manav Gogia, Yes Securities):
Can you quantify Hindustan Zinc Alloy Plant's EBITDA contribution this quarter and its annualized run rate?
Answer: The subsidiary generated Rs.43 crore EBITDA in Q3 (Rs.31 crore PAT). Annualized EBITDA run rate is Rs.150"“200 crore, with a payback period of <2 years on Rs.200 crore investment.
Question 4 (Raashi Chopra, Citigroup):
Will renewable energy share reach 25% by Q4, and is the cost of production guidance unchanged?
Answer: Renewable energy share will reach 18"“20% by FY25-end. Zinc COP guidance remains $1,050"“1,100/ton, likely toward the lower end due to operational efficiencies.
Question 5 (Shreyans Daga, Barclays):
Has HZL received new demands related to mining cess post the Supreme Court ruling?
Answer: No new demands received. A conservative provision of Rs.83 crore was made earlier; reversal may occur pending clarity.
Question 6 (Shivani, Dolat Capital):
Why is silver production guidance (750"“775 tons) unlikely to be met, and what are future prospects?
Answer: Silver is a by-product, and FY25 output is revised to 700"“710 tons due to operational challenges in the Fumer plant and mine sequencing adjustments. Resuming Fumer operations post-maintenance and visa approvals for Chinese experts could boost future output.
Question 7 (Anirudh, JM Financial):
What factors will drive zinc COP from $1,041 to $1,000?
Answer: Renewable energy adoption (70% target, saving $30/ton), volume-driven fixed-cost absorption, and operational efficiencies aim to reduce COP to ~$1,000 by FY26.
Question 8 (Jainam Shah, Indsec Securities):
What is the revenue potential of the upcoming DAP plant?
Answer: The 510,000-ton DAP plant (commissioned by Q4 FY26) will generate Rs.2,000"“2,500 crore annual revenue and Rs.400"“450 crore EBITDA at full capacity.
Question 9 (Shweta Dikshit, Systematix):
What is the CAPEX guidance for expansion projects like smelters and tailing recycling?
Answer: Smelter expansion (250,000 tons) and mining projects require ~$1"“1.2 billion. Total CAPEX for scaling to 2 million tons is estimated at $2"“2.5 billion over 3"“5 years.
Question 10 (Manav Gogia, Yes Securities):
What is the Fumer plant's operational status and silver output outlook?
Answer: Post-shutdown, Fumer operations resumed with design improvements. Silver production is expected to reach 60"“70% of capacity (32 tons/year) in Q4, pending visa approvals for technical support.
Analysis of Hindustan Zinc's financial performance, highlighting revenue trends, growth patterns, and key metrics through quarterly analysis.
Last Updated: Dec 31, 2024
Description | Share | Value |
---|---|---|
Zinc, Lead and others | 82.3% | 6.8 kCr |
Silver metal | 17.7% | 1.5 kCr |
Total | 8.3 kCr |
Valuation | |
---|---|
Market Cap | 1.88 LCr |
Price/Earnings (Trailing) | 20.03 |
Price/Sales (Trailing) | 5.6 |
EV/EBITDA | 10.96 |
Price/Free Cashflow | 21.65 |
MarketCap/EBT | 15.05 |
Fundamentals | |
---|---|
Revenue (TTM) | 33.57 kCr |
Rev. Growth (Yr) | 16.12% |
Rev. Growth (Qtr) | 3.64% |
Earnings (TTM) | 9.39 kCr |
Earnings Growth (Yr) | 32.05% |
Earnings Growth (Qtr) | 15.08% |
Profitability | |
---|---|
Operating Margin | 37.46% |
EBT Margin | 37.21% |
Return on Equity | 123.2% |
Return on Assets | 28.84% |
Free Cashflow Yield | 4.62% |
Understand Hindustan Zinc ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
Shareholder Name | Holding % |
---|---|
VEDANTA LIMITED | 63.42% |
PRESIDENT OF INDIA - A/C HINDUSTAN ZINC LTD . | 27.92% |
LICI ULIP-GROWTH FUND | 3.63% |
Distribution across major stakeholders
Distribution across major institutional holders
Investor Care | |
---|---|
Dividend Yield | 8.14% |
Dividend/Share (TTM) | 35 |
Shares Dilution (1Y) | 0.00% |
Diluted EPS (TTM) | 22.22 |
Financial Health | |
---|---|
Current Ratio | 0.61 |
Debt/Equity | 1.79 |
Debt/Cashflow | 0.98 |
Detailed comparison of Hindustan Zinc against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.
Ticker | Name | Mkt Cap | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|---|
TATASTEEL | TATA STEELIron & Steel | 1.73 LCr | 2.22 LCr | -10.89% | -17.20% | 68.58 | 0.78 | -5.52% | +164.84% |
VEDL | VedantaDiversified Metals | 1.62 LCr | 1.52 LCr | -10.96% | +8.46% | 9.05 | 1.07 | +1.81% | +112.67% |
HINDALCO | Hindalco IndustriesAluminium | 1.4 LCr | 2.32 LCr | -10.01% | -3.82% | 10.06 | 0.6 | +6.75% | +47.91% |
NATIONALUM | National Aluminium Co.Aluminium | 28.74 kCr | 15.41 kCr | -12.69% | -16.87% | 6.85 | 1.86 | +14.49% | +182.33% |
HINDCOPPER | Hindustan CopperCopper | 20.64 kCr | 1.98 kCr | -5.33% | -43.94% | 51.32 | 10.43 | +10.09% | +32.65% |
GRAVITA | GRAVITA INDIAIndustrial Minerals | 13.84 kCr | 3.8 kCr | +5.66% | +93.48% | 48.15 | 3.65 | +21.58% | +21.34% |