1. Hindustan Zinc
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55% Sell

Hindustan Zinc Share Price

HINDZINC

₹643.00-₹2.75 (-0.43%) TodayLast updated on 19 Jun, 2024 | 10:16 AM IST
₹641.85₹658.00
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Company overview

Financial performance

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Market cap

Market Cap Switch₹2,79,674 Crs

Open

₹647.00

Close

₹645.75

Circuit range

₹710.30 - ₹581.20

Day range

₹641.85 - ₹658.00

Year range

₹284.60 - ₹807.70

Volume

2,93,429

Avg. traded

₹651.25

Revenue (12m)

₹28,932 Crs

Hindustan Zinc

Hindustan Zinc Limited is an Indian mining company, specialising in zinc production. It is the country’s largest and the world’s second-largest integrated zinc producer. Hindustan Zinc is a subsidiary of Vedanta Limited.

While Vedanta Limited holds a 64.9% stake in the company, the Government of India has a 29.5% stake, as of December 31, 2023. It is listed on both the National Stock Exchange and BSE.

The market capitalisation of Hindustan Zinc Limited stood at over ₹1,32,590 crore as of January 9, 2024. Hindustan Zinc share price has gained more than 3%23.81% in the last three years.

Business Operations

Hindustan Zinc Ltd is India's only integrated producer of zinc and lead. The company produces three types of zinc: special high-grade zinc used in construction, infrastructure and household appliances; high-grade zinc; and prime western zinc. The company's total metal production capacity is 1.123 million tonnes.

The company also manufactures pure lead used in lead-acid batteries, ceramic glazes and electrodes. It also produces silver (fifth largest globally), used in photographic material, conductors and jewellery. The company’s products also include cadmium for Ni-Cd batteries, stabilisers, coatings and alloys and sulphuric acid employed in fertilisers, dyes, textiles and sugar refining. Hindustan Zinc Ltd has also diversified into the wind energy sector.

Its wind power projects are among India’s largest and the company has a total generation capacity of 273.5 MW across 5 states.

Hindustan Zinc Limited has a total resource and reserve base of 460.1 million tonnes, with an average zinc-lead grade of 6.8%. Its fully integrated zinc operations currently command approximately 80% market share in India's primary zinc industry. Globally, it is the 5th largest silver producer, with an annual capacity of 800 metric tonnes.

The company's operations include lead-zinc mines, zinc smelters using lead smelters, and pyrometallurgical lead-zinc smelters. It is also engaged in underground zinc mining operations (the world's largest) at Rampura Agucha, Rajasthan.

The company's operations span five districts in Rajasthan- Udaipur, Chittorgarh, Bhilwara, Rajsamand and Ajmer, and one district in Uttarakhand. These facilities include the Zawar Group of Mines, Rajpura Dariba Mine, Sindesar Khurd Mine, Rampura Agucha Mine and Kayad Mine.

Its zinc-lead processing facilities comprise smelters at Debari, Chanderiya and Dariba, alongside a silver refinery situated at Pantnagar in Uttarakhand.

Hindustan Zinc Ltd in the financial year 2022-23 started its fertiliser project through the establishment of Hindustan Zinc Fertilisers Private Limited (HZFPL). The company also set up a new roaster plant with a capacity of 160 Ktpa. Its alloy plant, a part of Hindustan Zinc Alloys Private Limited (HZAPL), is scheduled for commissioning in the fiscal year 2023-24. The company also became REACH (Registration, Evaluation, Authorisation and Restriction of Chemicals) registered in FY23. This will enable it to penetrate the US and European markets.

Financial highlights

The company’s revenue from operations for FY23 stood at ₹34,098 crore, up 16% from ₹29,440 crore in FY22. The profit after tax in FY23 increased to ₹10,511 crore compared to ₹9,629 crore in FY22. In FY23, the earnings before interest, tax, depreciation and amortization (EBITDA) increased to ₹17,590 crore from ₹16,289 crore in FY22. Its EBITDA margin dropped to 52% in FY23 compared to 55% in FY22. The company's earnings per share (EPS) stood at ₹24.88 in FY23 compared to ₹22.79 in FY22.

Hindustan Zinc Key indicators

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52 week high

₹807.70

52 week low

₹284.60

P/E ratio

36.05

P/B ratio

18.41

ROE

44.55%

ROCE

50.04%

Dividend yield

1.96%

Debt/Equity ratio

0.94

EPS

24.9

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Investment checklist: (4/6)

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Equity returns

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Safety factor

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Growth factor

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Debt vs Equity

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Profit factor

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Analyst ratings:

Sell

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Buy

9%

Hold

36%

Sell

55%

This analysis is based on the reviews of 11 experts in the last 7 days

Fundamentals

Financial ratios

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  • Profitability

  • Operational

  • Valuation

Operating profit margin

55.41%

Net profit margin

30.85%

ROE

44.55%

ROA

26.26%

ROCE

50.04%

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Hindustan Zinc Shareholder returns

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1 day

-1.56%

1 week

-3.81%

1 month

+18.22%

3 months

+117.59%

1 year

+119.06%

3 years

+94.91%

5 years

+179.58%

Hindustan Zinc Share Price history

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DayOpenCloseDay’s change
Tue, Jun 18 2024
₹664.00
₹645.75
-2.44%
Fri, Jun 14 2024
₹675.90
₹661.90
-1.56%
Thu, Jun 13 2024
₹694.00
₹672.40
-2.30%
Wed, Jun 12 2024
₹700.00
₹688.25
-1.19%
Tue, Jun 11 2024
₹672.40
₹696.55
+4.02%
Mon, Jun 10 2024
₹686.05
₹669.65
-2.69%
Fri, Jun 7 2024
₹691.90
₹688.15
+0.05%
Thu, Jun 6 2024
₹681.95
₹687.80
+1.62%

Shareholding info

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Promoters (64.92%)

Mutual Funds (0.04%)

Retail and other (1.97%)

Foreign institutions-FII (0.6%)

Other domestic institutions (32.48%)

Promoters

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Events

Corporate actions

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  • Dividend • ₹10/share

    Ex date 15 May 2024

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  • Dividend • ₹6/share

    Ex date 14 Dec 2023

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  • Dividend • ₹7/share

    Ex date 14 Jul 2023

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  • Dividend • ₹26/share

    Ex date 29 Mar 2023

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  • Dividend • ₹13/share

    Ex date 30 Jan 2023

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  • Dividend • ₹15.5/share

    Ex date 23 Nov 2022

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  • Dividend • ₹21/share

    Ex date 20 Jul 2022

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  • Dividend • ₹18/share

    Ex date 14 Dec 2021

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