HINDZINC · Hindustan Zinc Ltd · Metal Mining
HINDZINC · Hindustan Zinc Ltd · Metal Mining
As of 06 Nov close
52-week range
22.5% below 52-week high
52-week range: as of 06 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Full signal detail →Fundamentals as of 15 Sep 2026 · the company's own latest record is 53 days old
Revenue (latest Q)
₹13,747 Cr
Revenue YoY
PAT YoY
+144.8%
Operating margin
Revenue, last 8 quarters
P/E (TTM)
P/B
10.5
P/S (TTM)
5.2
Sector P/E
17.3
Dividend yield
+1.9%
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| HINDZINC (this stock) | 13.2 | 10.5 | +36.5% | +75.4% | 0.39 | +1.9% |
| Hindalco Industries | 14.7 | 2.2 | +4.9% | +9.8% | 0.73 | +0.5% |
| Vedanta | 11.2 | 2 | +18.6% | +39.6% | 0.56 | +11.0% |
| NMDC | 10 | 2.2 | +23.2% | +21.9% | 0.19 | +4.3% |
Promoter
stable
FII
falling 1q
MF
1.41% (+0.14pp)
rising 3q
Insider trades
No insider trades in the last 12 months.
Bulk/block deals
No bulk/block deals in the last 12 months.
News timeline
- lowbusiness-standard.com· 25 Oct 2026, 11:27 pmQ2 results review: Early birds reflect a commodity boost amid price surge
- mediumbusiness-standard.com· 23 Oct 2026, 12:45 pmMetal stocks: Lost mettle! VAML, Vedanta, Nalco sink up to 6% as metal index drops 3%
- loweconomictimes.indiatimes.com· 21 Oct 2026, 09:38 amHindustan Zinc shares jump 4% after Q2 net profit more than doubles. Why Jefferies cut target price?
- loweconomictimes.indiatimes.com· 21 Oct 2026, 06:00 amStocks in news: Reliance Industries, Eternal, IREDA, Yes Bank, Trent and Hindustan Zinc
- lowmanilatimes.net· 20 Oct 2026, 07:30 amHindustan Zinc Reports Record Q2 Net Profit of US$ 671 Million, Up 142% YoY; Highest-Ever Quarterly EBITDA Driven by Lower Zinc Cost of Production
- lowbusiness-standard.com· 19 Oct 2026, 09:16 amQ2 results today: UltraTech Cement, Hindustan Zinc, and 33 more on Oct 19
- lowtimesofindia.indiatimes.com· 08 Oct 2026, 08:33 amTop stocks to buy or sell today: Stock recommendations for October 8, 2026 - check list
- loweconomictimes.indiatimes.com· 05 Oct 2026, 06:00 amStocks in news: HDFC Bank, Infosys, Yes Bank, Hindustan Zinc and RVNL
- unknowneconomictimes.indiatimes.com· 11 Sept 2026, 01:14 pmJioBlackRock Flexi Cap Fund exits NALCO, Hindustan Zinc; trims exposure in BSE, RIL
- unknowneconomictimes.indiatimes.com· 10 Sept 2026, 06:00 amStocks in news: Reliance Industries, Wipro, ICICI Bank, Coal India and Hindustan Zinc
- unknownmanilatimes.net· 08 Sept 2026, 08:41 pmHindustan Zinc's 3rd Vedanta Zinc City Half Marathon Draws Record 9,700 Runners
- unknowneconomictimes.indiatimes.com· 31 Aug 2026, 10:43 amHindustan Zinc, Vedanta, Nalco and other metal stocks slide up to 5%. Here's why
- unknowneconomictimes.indiatimes.com· 29 Aug 2026, 10:37 amBSE, Hindustan Zinc among 5 stocks with revenue growth of up to 64% in 1 year. Check details - Revenue growth
- unknowneconomictimes.indiatimes.com· 27 Aug 2026, 09:32 amRs 58,000 crore selloff by promoters, PE funds hits stock market. Why are they cashing out now?
- unknownthehindubusinessline.com· 19 Aug 2026, 12:44 pmHindustan Zinc raises green energy share to 22%, targets 70% by FY28
- loweconomictimes.indiatimes.com· 05 Aug 2026, 09:25 pmAhead of Market: 10 things that will decide stock market action on Thursday
- loweconomictimes.indiatimes.com· 27 Jul 2026, 09:31 amHindustan Zinc shares gain 2% as Q1 net profit soars 145% YoY. Should you buy, sell or hold?
- loweconomictimes.indiatimes.com· 24 Jul 2026, 11:03 amQ1 Results today: SBI Life, Tata Consumer, Hindustan Zinc among 86 companies to announce earnings
- loweconomictimes.indiatimes.com· 22 Jul 2026, 09:42 amVedanta shares drop 26% in two months, erase all post-demerger gains. Time to buy or better to avoid?
Concalls & investor presentations
AI-generatedKey takeaway: Hindustan Zinc Limited reported strong operational and financial performance in Q2 FY27, with mined metal production up 5% YoY and refined metal production up 7% YoY. Zinc cost of production improved by 29% to $703 per ton, and the company revised its full-year guidance to $825–$850 from the earlier $975–$1,000. EBITDA reached INR9,285 crores, and net profit hit INR6,412 crores, both record highs. The company highlighted strong zinc and silver demand fundamentals, with a 180 KT zinc deficit and a 1.44 KT silver deficit expected in 2026. Strategic initiatives include expanding renewable energy use to 35% of power consumption, AI integration, and new projects like a 250 KTPA zinc expansion and a 10 million ton tailing reprocessing plant. The company also emphasized ESG efforts, including 100% renewable power at a subsidiary and 3,000 new Nand Ghars in Rajasthan. Financially, the company reported INR15,093 crores in revenue, up 77% YoY, and INR6,389 crores in free cash flow before growth capex. The CFO noted challenges from geopolitical tensions and energy disruptions but expressed confidence in the medium-term outlook for metals. The company also discussed hedging positions, with 40 KT of zinc hedged for Q3 at $3,476 and 36 KT for Q4 at $3,698, along with 8 tons of silver hedged at $68 per ounce. Management guided toward sustaining cost leadership and advancing growth projects while maintaining a strong balance sheet. The company’s half-year revenue reached INR28,840 crores, with EBITDA at INR17,359 crores and net profit at INR11,881 crores, reflecting robust performance. The company also mentioned exploration progress on critical mineral blocks, with exploration expected to conclude by Q3 FY29.
The document emphasizes strong financial results, operational improvements, and positive demand fundamentals for zinc and silver, with management expressing confidence in strategic initiatives and long-term growth.
Sourced from an exchange-filed transcript, dated 23 Oct 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Hindustan Zinc Limited reported strong operational and financial performance for the first quarter of FY27 during its earnings conference call held on July 24, 2026. Management highlighted a record EBITDA of INR8,074 crores and a net profit of INR5,469 crores, marking significant year-on-year growth. The company achieved its highest-ever first quarter mine metal production of 268,000 tons and refined metal production of 260,000 tons, driven by improved mine grades and operational efficiencies. Management noted a successful diversification milestone with the acquisition of a rare earth elements mining lease in Karnataka. Sustainability efforts were emphasized, including increased renewable energy consumption and recognition in the Dow Jones Best-in-Class Emerging Markets Index. The management expressed confidence in meeting production guidance of 1.1 million tons for the year, supported by a strong balance sheet and disciplined capital allocation. The call concluded with gratitude towards outgoing CEO Arun Misra for his leadership.
Management emphasized strong financial results and operational achievements.
Sourced from an exchange-filed transcript, dated 28 Jul 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Hindustan Zinc Limited's investor presentation for Q1 FY27 highlighted several key achievements, including the highest-ever first-quarter mined metal production of 268 KT and a 4% year-over-year increase in refined metal production to 260 KT. The company reported a record net profit of ₹5,469 crore, up 145% year-over-year, and revenue from operations of ₹13,747 crore, reflecting a 77% increase. Management noted a significant contribution to the national exchequer of approximately ₹6,450 crore during the quarter. The presentation emphasized the company's unique positioning as the world's largest integrated zinc producer and its commitment to sustainability, including ambitious goals for emissions reduction and biodiversity conservation by 2030. Additionally, management discussed ongoing projects aimed at expanding production capacity and enhancing operational efficiencies, while maintaining a strong focus on cost leadership and shareholder returns.
Management emphasized strong financial performance and strategic growth initiatives.
Sourced from an exchange-filed presentation, dated 24 Jul 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Hindustan Zinc Limited held its earnings conference call on April 24, 2026, to discuss its financial performance for the fourth quarter and full year ended March 31, 2026. Management reported a record-breaking quarter with mined metal production of 315 KT and refined metal production of 282 KT, contributing to a historic full year performance of 1.1 million tons of mined metal and 1,048 KT of refined metal. The company achieved its lowest quarterly zinc cost of production at $903 per ton, reflecting a 9% year-on-year decline. Management highlighted a strong financial performance with record revenue of INR 13,544 crores and net profit of INR 5,033 crores for the quarter. Sustainability efforts were emphasized, including recognition in the S&P Global Sustainability Yearbook. The company also discussed its growth projects, including a new integrated zinc smelter and advancements in technology-led initiatives. Management set a goal for mined metal production of 1,150 KTPA for FY27.
Management emphasized strong operational and financial performance, alongside sustainability initiatives.
Sourced from an exchange-filed transcript, dated 28 Apr 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Hindustan Zinc Limited's investor presentation for the fourth quarter and fiscal year 2026 highlighted record production and financial performance. Mined metal production reached 315 Kt, a 14% increase quarter-on-quarter and 2% year-on-year, while refined metal production was 282 Kt, up 5% QoQ and YoY. The company reported a revenue of ₹13,544 crore, a 49% increase YoY, and a net profit of ₹5,033 crore, up 68% YoY. The presentation emphasized the lowest zinc cost of production at $903/MT, down 9% YoY. Hindustan Zinc also noted its leadership in sustainability, being recognized in the top 1% of the S&P Global Sustainability Yearbook 2026. The company set ambitious sustainability goals for 2030, including significant reductions in emissions and waste. Overall, the presentation underscored the company's strong operational and financial metrics, alongside its commitment to sustainable practices.
The presentation emphasized record production and financial performance, alongside sustainability achievements.
Sourced from an exchange-filed presentation, dated 24 Apr 2026. Summary is RedixFi-generated and distinct from investment advice.
AI Summary of Annual Report
AI-generatedHindustan Zinc Limited's FY2025-26 annual report highlights key governance and compliance matters, including the appointment of Dr. Aruna Sharma as an Independent Director requiring shareholder approval. The report notes ongoing regulatory scrutiny, including an administrative warning from SEBI regarding procedural aspects of audit and related party disclosures. The company faces potential risks from geopolitical uncertainties, trade wars, and regulatory changes like the EU CBAM, which may impact export competitiveness and operational costs. The report also mentions contingent liabilities from legal and tax disputes, though no defaults or material financial issues are explicitly noted. The company emphasizes its commitment to ESG and sustainability goals, aligning with global standards.
- Appointment of Dr. Aruna Sharma as Independent Director requires shareholder approval.
- SEBI issued an administrative warning regarding procedural aspects of audit and related party disclosures.
- Potential risks from geopolitical uncertainties, trade wars, and regulatory changes like EU CBAM.
- Contingent liabilities from legal and tax disputes, though no defaults or material financial issues are noted.
- Commitment to ESG and sustainability goals aligned with global standards.
Key takeaway: Hindustan Zinc Limited faces regulatory scrutiny and potential risks from geopolitical and regulatory changes, but maintains strong governance and ESG commitments with no material financial defaults reported.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
Regulatory Action (2 items)
Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.
Regulatory Action
2 occurrencesRecent (last 12 months)
The company was fined ₹36,50,000 (excluding GST) by BSE and NSE in FY2024, ₹36,60,000 in FY2025, and ₹36,50,000 in FY2026 for non-compliance with Regulation 17(1) of the Listing Regulations regarding Board composition and shortfall of Independent Directors. The matter is under review by the Ministry of Mines.
Earlier (1-3 years ago)
The Department of Mines and Geology (DMG) in Rajasthan issued royalty assessment demands of ₹1,925 Crore and an additional ₹311 Crore, which the company is challenging in court, citing non-compliance with previous High Court orders.
Routine disclosures
Internal Control Weakness
1 occurrenceEarlier (1-3 years ago)
A material weakness exists in the internal financial controls with reference to consolidated financial statements.
Contingent Liability
2 occurrencesRecent (last 12 months)
The company faces a 1% monthly penalty on performance securities for project delays, which could significantly impact the net present value (NPV) of its multi-year capacity expansion projects.
Earlier (1-3 years ago)
The company has disclosed contingent liabilities related to legal or tax cases where the outcome is uncertain, and it is probable that the company will be required to settle these obligations. These are detailed in Note 30 of the financial statements.
Related-Party Transaction
3 occurrencesRecent (last 12 months)
SEBI has flagged observations on related party transactions in the notes to accounts, but there has been no financial penalty or restriction.
SEBI issued an administrative warning on April 30, 2026, regarding procedural aspects of Audit & Risk Management Committee approvals and related party disclosures. The company has provided the required information and documentation within the stipulated time frame.
Earlier (1-3 years ago)
The company has undertaken transactions with related parties including parent company, fellow subsidiaries and other related parties, which have been identified as a key audit matter.
Statutory dues in dispute
2 occurrencesRecent (last 12 months)
The company has outstanding statutory dues for income taxes under the Income Tax Act, 1961, with disputes pending before the Commissioner of Income tax (Appeals) for periods ranging from 1988-1989 to 2004-05.
Earlier (1-3 years ago)
The company has outstanding tax dues from various periods (1988-1989 to 2017-18) under dispute in forums like Income Tax Appellate Tribunal and High Court / Supreme Court, with amounts totaling INR 7,759 and INR 5,577.
Management & Board Governance
1 occurrenceRecent (last 12 months)
Ms. Pallavi Joshi Bakhru, a Non-Executive Independent Director of Tan Zinc Limited, resigned with effect from April 30, 2026.
Promoter Share Pledge
1 occurrenceRecent (last 12 months)
5.68% of promoter holding pledged (quarter 2026-Q3 as of 2026-07-18).