Hindustan Zinc Ltd
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]
- Market Cap ₹ 2,06,724 Cr.
- Current Price ₹ 489
- High / Low ₹ 808 / 285
- Stock P/E 23.5
- Book Value ₹ 18.1
- Dividend Yield 5.93 %
- ROCE 46.2 %
- ROE 55.2 %
- Face Value ₹ 2.00
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 39.2%
- Company has been maintaining a healthy dividend payout of 151%
Cons
- Stock is trading at 27.0 times its book value
- The company has delivered a poor sales growth of 6.50% over past five years.
- Promoters have pledged 99.0% of their holding.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Non Ferrous Metals Industry: Mining / Minerals / Metals
Part of BSE Dollex 200 BSE 250 LargeMidCap Index Nifty Total Market BSE LargeCap Nifty LargeMidcap 250
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
12,700 | 13,636 | 14,788 | 14,181 | 17,273 | 22,082 | 21,118 | 18,561 | 22,629 | 29,440 | 34,098 | 28,934 | 31,232 | |
6,172 | 6,717 | 7,338 | 7,923 | 7,534 | 9,812 | 10,448 | 9,691 | 10,957 | 13,214 | 16,577 | 15,253 | 16,003 | |
Operating Profit | 6,528 | 6,919 | 7,450 | 6,258 | 9,739 | 12,270 | 10,670 | 8,870 | 11,672 | 16,226 | 17,521 | 13,681 | 15,229 |
OPM % | 51% | 51% | 50% | 44% | 56% | 56% | 51% | 48% | 52% | 55% | 51% | 47% | 49% |
1,966 | 1,881 | 2,788 | 3,127 | 2,474 | 1,956 | 1,782 | 1,911 | 1,819 | 1,082 | 1,373 | 1,083 | 1,047 | |
Interest | 27 | 45 | 24 | 17 | 202 | 246 | 113 | 112 | 386 | 290 | 333 | 955 | 1,080 |
Depreciation | 647 | 785 | 644 | 745 | 1,811 | 1,483 | 1,883 | 2,279 | 2,531 | 2,917 | 3,264 | 3,466 | 3,558 |
Profit before tax | 7,820 | 7,970 | 9,570 | 8,623 | 10,200 | 12,497 | 10,456 | 8,390 | 10,574 | 14,101 | 15,297 | 10,343 | 11,638 |
Tax % | 12% | 13% | 15% | 5% | 18% | 26% | 24% | 19% | 25% | 32% | 31% | 25% | |
6,899 | 6,905 | 8,178 | 8,175 | 8,316 | 9,276 | 7,956 | 6,805 | 7,980 | 9,630 | 10,520 | 7,787 | 8,736 | |
EPS in Rs | 16.33 | 16.34 | 19.35 | 19.35 | 19.68 | 21.95 | 18.83 | 16.11 | 18.89 | 22.79 | 24.90 | 18.43 | 20.67 |
Dividend Payout % | 19% | 21% | 23% | 144% | 149% | 36% | 106% | 102% | 113% | 79% | 303% | 71% |
Compounded Sales Growth | |
---|---|
10 Years: | 8% |
5 Years: | 7% |
3 Years: | 9% |
TTM: | 3% |
Compounded Profit Growth | |
---|---|
10 Years: | 3% |
5 Years: | 0% |
3 Years: | 0% |
TTM: | 4% |
Stock Price CAGR | |
---|---|
10 Years: | 11% |
5 Years: | 18% |
3 Years: | 14% |
1 Year: | 63% |
Return on Equity | |
---|---|
10 Years: | 25% |
5 Years: | 29% |
3 Years: | 39% |
Last Year: | 55% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 845 | 845 | 845 | 845 | 845 | 845 | 845 | 845 | 845 | 845 | 845 | 845 | 845 |
Reserves | 31,431 | 36,573 | 42,508 | 36,540 | 29,960 | 35,087 | 32,760 | 39,465 | 31,468 | 33,437 | 12,097 | 14,388 | 6,797 |
0 | 0 | 0 | 0 | 7,908 | 0 | 2,538 | 611 | 7,201 | 2,844 | 11,881 | 8,722 | 14,016 | |
3,190 | 4,259 | 5,639 | 15,810 | 13,082 | 7,000 | 6,315 | 6,054 | 6,213 | 7,545 | 10,631 | 9,949 | 10,878 | |
Total Liabilities | 35,465 | 41,677 | 48,992 | 53,195 | 51,795 | 42,932 | 42,458 | 46,975 | 45,727 | 44,671 | 35,454 | 33,904 | 32,536 |
8,484 | 9,147 | 9,446 | 10,385 | 9,993 | 11,302 | 14,778 | 16,469 | 16,808 | 17,396 | 17,620 | 18,055 | 17,657 | |
CWIP | 1,082 | 1,541 | 2,005 | 2,428 | 3,071 | 3,220 | 2,254 | 2,489 | 1,922 | 2,075 | 2,107 | 1,529 | 2,567 |
Investments | 14,540 | 22,506 | 27,254 | 35,221 | 23,783 | 20,222 | 19,488 | 20,329 | 12,957 | 15,052 | 10,107 | 10,452 | 8,437 |
11,360 | 8,482 | 10,288 | 5,161 | 14,948 | 8,188 | 5,938 | 7,688 | 14,040 | 10,148 | 5,620 | 3,868 | 3,875 | |
Total Assets | 35,465 | 41,677 | 48,992 | 53,195 | 51,795 | 42,932 | 42,458 | 46,975 | 45,727 | 44,671 | 35,454 | 33,904 | 32,536 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
4,785 | 5,471 | 5,531 | 6,451 | 7,588 | 9,800 | 8,781 | 6,621 | 10,567 | 12,691 | 15,166 | 13,343 | |
-3,269 | -3,955 | -3,807 | -3,236 | 12,007 | 2,396 | -1,092 | -2,648 | -2,435 | 846 | 6,525 | -3,405 | |
-1,255 | -1,577 | -1,902 | -3,214 | -11,266 | -18,612 | -9,630 | -2,098 | -9,697 | -12,258 | -23,224 | -9,946 | |
Net Cash Flow | 261 | -62 | -178 | 1 | 8,329 | -6,416 | -1,941 | 1,875 | -1,565 | 1,279 | -1,533 | -8 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 12 | 11 | 16 | 3 | 3 | 3 | 3 | 7 | 7 | 9 | 4 | 2 |
Inventory Days | 620 | |||||||||||
Days Payable | 225 | |||||||||||
Cash Conversion Cycle | 407 | 11 | 16 | 3 | 3 | 3 | 3 | 7 | 7 | 9 | 4 | 2 |
Working Capital Days | 11 | -1 | -14 | -347 | -208 | -67 | -54 | -44 | -56 | -27 | -37 | -49 |
ROCE % | 23% | 20% | 25% | 20% | 26% | 33% | 28% | 22% | 26% | 37% | 50% | 46% |
Documents
Announcements
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Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations, 2015 ('SEBI Listing Regulations')
33s - Received penalty order of Rs. 10,43,456 from tax authority.
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Intimation Under Regulation 30 Of The SEBI (LODR) Regulations, 2015 ('SEBI Listing Regulations')
24h - Received fine for non-compliance with board composition regulations.
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Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations, 2015 ('SEBI Listing Regulations')
16 Nov - Received penalty order of Rs. 1.08 crore from tax authority.
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Declaration Of Preferred Bidder For Dugocha Gold & Associated Mineralization Block Conducted By The Department Of Mines & Geology, Government Of Rajasthan
15 Nov - Hindustan Zinc declared Preferred Bidder for gold mining block.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
15 Nov - Hindustan Zinc declared Preferred Bidder for gold mine block.
Annual reports
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Financial Year 2024
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Concalls
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Oct 2024Transcript PPT REC
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**Dominant and Leading player **
Hindustan Zinc is self-sufficient in power with captive thermal power plants and has ventured into green energy by settingup wind power plants.[1]World’s largest underground (UG) zinc mining operations at Rampura Agucha.
Geographical presence
Company exports accounted for 25% of turnover. [2] [3]