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 5th largest silver producer globally with an annual production of ~714 tonnes . 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 ₹ 2,36,470 Cr.
- Current Price ₹ 560
- High / Low ₹ 808 / 285
- Stock P/E 26.9
- Book Value ₹ 18.0
- Dividend Yield 5.18 %
- ROCE 46.2 %
- ROE 55.1 %
- 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 31.0 times its book value
- 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
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
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22,629 | 29,440 | 34,098 | 28,932 | 31,241 | |
10,957 | 13,215 | 16,583 | 15,256 | 16,002 | |
Operating Profit | 11,672 | 16,225 | 17,515 | 13,676 | 15,239 |
OPM % | 52% | 55% | 51% | 47% | 49% |
1,819 | 1,082 | 1,370 | 1,054 | 1,024 | |
Interest | 386 | 290 | 333 | 955 | 1,064 |
Depreciation | 2,531 | 2,917 | 3,264 | 3,468 | 3,563 |
Profit before tax | 10,574 | 14,100 | 15,288 | 10,307 | 11,636 |
Tax % | 25% | 32% | 31% | 25% | |
7,980 | 9,629 | 10,511 | 7,759 | 8,738 | |
EPS in Rs | 18.89 | 22.79 | 24.88 | 18.36 | 20.68 |
Dividend Payout % | 113% | 79% | 303% | 71% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 9% |
TTM: | 3% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 0% |
TTM: | 4% |
Stock Price CAGR | |
---|---|
10 Years: | 13% |
5 Years: | 22% |
3 Years: | 21% |
1 Year: | 91% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 39% |
Last Year: | 55% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|
Equity Capital | 845 | 845 | 845 | 845 | 845 |
Reserves | 31,468 | 33,436 | 12,087 | 14,350 | 6,775 |
7,201 | 2,844 | 11,881 | 8,722 | 14,004 | |
6,213 | 7,545 | 10,654 | 9,978 | 10,928 | |
Total Liabilities | 45,727 | 44,670 | 35,467 | 33,895 | 32,552 |
16,808 | 17,396 | 17,622 | 18,151 | 17,783 | |
CWIP | 1,922 | 2,075 | 2,237 | 1,696 | 2,620 |
Investments | 12,957 | 15,052 | 10,107 | 10,452 | 8,438 |
14,040 | 10,147 | 5,501 | 3,596 | 3,711 | |
Total Assets | 45,727 | 44,670 | 35,467 | 33,895 | 32,552 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|
10,567 | 12,691 | 15,162 | 13,346 | |
-2,435 | 846 | 6,529 | -3,406 | |
-9,697 | -12,258 | -23,224 | -9,946 | |
Net Cash Flow | -1,565 | 1,279 | -1,533 | -6 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|
Debtor Days | 7 | 9 | 4 | 2 |
Inventory Days | ||||
Days Payable | ||||
Cash Conversion Cycle | 7 | 9 | 4 | 2 |
Working Capital Days | -45 | -27 | -38 | -50 |
ROCE % | 37% | 50% | 46% |
Documents
Announcements
- Notice of Offer for Sale of Shares by Promoter & Floor Price 8h
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Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations, 2015 ('SEBI Listing Regulations')
24 Oct - Company received tax penalty order of Rs. 1.77 Cr.
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
23 Oct - Earning call transcript for the second quarter and half year ended on September 30, 2024.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 19 Oct
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Audio Recordings Of Earnings Call For The Second Quarter And Half Year Ended September 30, 2024
19 Oct - Audio recording of Q2 earnings call uploaded.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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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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Aug 2024Transcript PPT
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Aug 2024TranscriptNotesPPT
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Oct 2023Transcript PPT
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Jan 2023TranscriptPPT
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Nov 2022TranscriptNotesPPT
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Jul 2021TranscriptPPT
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Oct 2020TranscriptPPT
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May 2020TranscriptPPT
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Aug 2019TranscriptNotesPPT
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Feb 2018TranscriptNotesPPT
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Feb 2018TranscriptNotesPPT
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Feb 2018TranscriptNotesPPT
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Oct 2016TranscriptPPT
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Jul 2016TranscriptPPT
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Apr 2016TranscriptPPT
**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]