Hindustan Zinc share price
NSE: HINDZINCBSE: 500188Non - Ferrous MetalsLarge Cap
Share price at the NSE close on 27 Oct 2026. Previous close ₹497.00.
27 Oct: open ₹498.00, high ₹505.35, low ₹492.50
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹2,08,097 Cr35th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 9.99
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 6.94
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 2.23%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 95.4%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 75.2%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Sep 2026.
- 0.21
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 56,00,26865.3% delivered
About Hindustan Zinc
Hindustan Zinc Limited explores for, mines and processes zinc, lead and silver ore, mainly in Rajasthan, and makes refined metals and alloys.12 Its refined zinc goes into galvanising (a zinc coating that protects steel from rust), die castings and alloys, its lead into batteries and pigments, and its silver, recovered while processing lead, into industrial uses and jewellery.3
Its mines include Rampura Agucha, Zawar, Kayad, Rajpura Dariba and Sindesar Khurd, its smelters are at Chanderiya, Dariba and Debari, and it has a metal plant at Pantnagar in Uttarakhand.452 It also has a rock-phosphate mine near Udaipur and wind power plants in Rajasthan, Gujarat, Karnataka, Tamil Nadu and Maharashtra.2 It reports its results in a zinc, lead, silver and others segment and a wind energy segment.1 Its wholly owned subsidiaries include Hindustan Zinc Alloys, Hindustan Zinc Fertilisers and Hindmetal Exploration Services.6
It was incorporated on 10 Jan 1966, and its registered office is in Udaipur.7 In the year to Mar 2026 it became the first Indian company to join the International Council on Mining and Metals (ICMM), a global mining industry body.8 Vedanta Limited, which is in turn held by Vedanta Incorporated, owns a majority of the company: 60.71% of its equity at 31 Mar 2026, against 63.42% a year earlier; the Government of India held 27.92% at 30 Sep 2026.79 Priya Agarwal Hebbar is the Chairperson.10 Its annual report for the year to Mar 2026 puts the workforce at more than 27,000.10
Hindustan Zinc key points
Results
- In the quarter to Sep 2026, consolidated revenue from operations was ₹15,093 crore, up 77% from a year earlier, EBITDA ₹9,285 crore, up 108%, and net profit ₹6,412 crore, up 142%. EBITDA is profit before interest, tax, depreciation and amortisation.1112
- In the half year to Sep 2026, consolidated revenue from operations was ₹28,840 crore, up 77%, EBITDA ₹17,359 crore, up 108%, and net profit ₹11,881 crore, up 143%. Silver contributed about 45% of profitability.1312
- In the year to Mar 2026, consolidated revenue from operations was ₹40,844 crore, up 20%, EBITDA ₹22,162 crore, up 27%, and net profit ₹13,832 crore, up 34%.1415
- At the end of Sep 2026, gross investments and cash were ₹17,439 crore and total borrowings ₹6,171 crore.16
Market position
- The company puts its share of India's primary zinc market at about 74% and of primary lead at about 92%, based on the year to Mar 2026 (primary metal is made from mined ore, not from recycled scrap).17
- The company says it is India's only integrated (mining and smelting) producer of zinc and lead and India's only integrated, listed primary silver company, and that it holds the world's 2nd largest zinc and lead reserves and resources (metal identified in the ground).18
Where the metal is sold
- Refined metal sales in kilotonnes (kt), year to Mar 202619Silver sales of 627 tonnes were almost all in India.
Item year to Mar 2026 year to Mar 2025 Zinc, India 600 603 Zinc, exports 251 225 Lead, India 151 – Lead, exports 46 – - Exports of metal were 21.15% of the company's turnover in the year to Mar 2026, and all its sales, exports included, are managed from offices in India.2021
Plants and capacity
- Hindustan Zinc has refined metal capacity of 1.144 million tonnes a year and 653.80 MW of captive power plants (plants it owns to supply its own operations).22
- In the half year to Sep 2026 Hindustan Zinc produced 539 kt of mined metal, up 3% from a year earlier, 524 kt of refined metal, up 6%, and 321 tonnes of silver, up 10%.23
- At Mar 2026, ore reserves and resources were a record 468.6 million tonnes, with metal reserves of 13.9 million tonnes and silver reserves of 10.9 kt, enough for over 25 years of mining, the company says.24
- Zinc cost of production excluding royalty (the payment to the government on minerals mined) was $703 a tonne in the quarter to Sep 2026, 29% lower than a year earlier.25
Expansion and capital spending
- The company stated in its annual report for the year to Mar 2026 that it expects growth capital spending of ₹40,000 to 50,000 crore over the next 5 years to take refined metal capacity to 2.0 million tonnes a year.26
- In its presentation of 19 Oct 2026, the company said its integrated zinc smelter at Debari, adding 250 kt a year at an approved investment of about ₹12,000 crore, would raise refined metal capacity to 1.4 million tonnes a year by Sep 2028.27
- In its presentation of 19 Oct 2026, the company said India's first zinc tailings reprocessing plant (to recover metal from old processing waste), with feed capacity of 10 million tonnes a year and approved investment of ₹3,823 crore, is due by Mar 2028.28
- As of its presentation of 19 Oct 2026, Hindustan Zinc was exploring a tungsten block in Andhra Pradesh and held a composite licence (a permit to explore that can lead to a mining lease) for a potash block in Rajasthan.29
What the company expects
- The company stated in its annual report for the year to Mar 2026 that it plans capital spending of $500 to 600 million in the year to Mar 2027.30
Recent events
- On 10 Aug 2026, the company received CRISIL's reaffirmation of its AAA/Stable rating on debentures and long-term bank facilities, and A1+ on commercial paper and short-term bank facilities.31
- On 1 Aug 2026, Amarendu Prakash, formerly chairman and managing director of SAIL (Steel Authority of India), became chief executive and whole-time director.32
- On 20 Jul 2026, Vedanta promoter-group companies signed a loan facility to which the company is not a party; under it, the company may not create security over its assets, sell assets outside the ordinary course or merge, subject to carve-outs and lender consent.3334
- On 27 Jun 2026, Hindustan Zinc signed a composite licence with the Government of Uttar Pradesh for the 210.01-hectare Nawatola Laband rare earth elements block in Sonbhadra district.35
Last updated
All 37 sources, each with its page
- 1. Annual report, 5 Jun 2026, page 607
- 2. Annual report, 5 Jun 2026, page 565
- 3. Annual report, 5 Jun 2026, page 399
- 4. Annual report, 5 Jun 2026, page 323
- 5. Annual report, 5 Jun 2026, page 328
- 6. Annual report, 5 Jun 2026, page 401
- 7. Annual report, 5 Jun 2026, page 565
- 8. Annual report, 5 Jun 2026, page 54
- 9. Investor presentation, 19 Oct 2026, page 33
- 10. Annual report, 5 Jun 2026, page 55
- 11. Investor presentation, 19 Oct 2026, page 5
- 12. Investor presentation, 19 Oct 2026, page 29
- 13. Investor presentation, 19 Oct 2026, page 5
- 14. Annual report, 5 Jun 2026, page 25
- 15. Annual report, 5 Jun 2026, page 323
- 16. Investor presentation, 19 Oct 2026, page 22
- 17. Investor presentation, 19 Oct 2026, page 24
- 18. Investor presentation, 19 Oct 2026, page 6
- 19. Annual report, 5 Jun 2026, page 323
- 20. Annual report, 5 Jun 2026, page 399
- 21. Annual report, 5 Jun 2026, page 609
- 22. Annual report, 5 Jun 2026, page 67
- 23. Investor presentation, 19 Oct 2026, page 5
- 24. Annual report, 5 Jun 2026, page 73
- 25. Investor presentation, 19 Oct 2026, page 5
- 26. Annual report, 5 Jun 2026, page 31
- 27. Investor presentation, 19 Oct 2026, page 20
- 28. Investor presentation, 19 Oct 2026, page 20
- 29. Investor presentation, 19 Oct 2026, page 7
- 30. Annual report, 5 Jun 2026, page 139
- 31. Exchange filing, 11 Aug 2026, page 1
- 32. Earnings call, 24 Jul 2026, page 3
- 33. Exchange filing, 23 Jul 2026, page 2
- 34. Exchange filing, 23 Jul 2026, page 6
- 35. Exchange filing, 27 Jun 2026, page 1
- 36. Exchange filing, 1 May 2026, page 1
- 37. Exchange filing, 1 May 2026, page 2
Results
Standalone, as consolidated accounts are on record for only 5 of the last ten years; ₹ crore.Hindustan Zinc quarterly results
- Revenue growth, 12 monthsRevenue growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +56.9%
- Net profit growth, 12 monthsNet profit growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +97.2%
Quarter to Sep 2026, against the quarter before
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹14,961 Crup 9.31%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent. Net profit in the glossary
- ₹6,317 Crup 16.44%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
- 42.2%
Revenue by quarter
Net profit by quarter, a loss in red
| ₹ crore | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 8,556 | 9,041 | 7,723 | 8,525 | 10,922 | 13,488 | 13,687 | 14,961 |
| Net profit | 2,647 | 2,976 | 2,204 | 2,632 | 3,879 | 4,997 | 5,425 | 6,317 |
| Net margin | 30.9% | 32.9% | 28.5% | 30.9% | 35.5% | 37.0% | 39.6% | 42.2% |
Year to Mar 2026, against the year before
- RevenueRevenue. The pill is the change in revenue against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹40,658 Crup 19.69%
- Net profitNet profit. The pill is the change in net profit against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹13,712 Crup 33.40%
- Net margin
- 33.7%
Revenue by year
Net profit by year, a loss in red
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 18,798 | 22,521 | 21,118 | 18,561 | 22,629 | 29,440 | 33,272 | 28,934 | 33,969 | 40,658 |
| Net profit | 8,316 | 9,276 | 7,956 | 6,805 | 7,980 | 9,630 | 10,520 | 7,787 | 10,279 | 13,712 |
| Net margin | 44.2% | 41.2% | 37.7% | 36.7% | 35.3% | 32.7% | 31.6% | 26.9% | 30.3% | 33.7% |
Business segments
Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit
- Zinc, Lead and othersZinc, Lead and others, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹29,216 Crup 9.12%74.5%
- Silver metalSilver metal, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹9,841 Crup 60.54%25.1%
- Wind energyWind energy, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹135 Cr0.3%
Valuation
Today, against the company's own history.Hindustan Zinc PE ratio and valuation
At or below today's level on 2% of 2,478 trading days over the last 10 years.
At or below today's level on 56% of 1,986 trading days since Oct 2018.
At or below today's level on 17% of 2,446 trading days over the last 10 years.
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | +12.9% | +33.4% | −18.5% | 4.2% |
| 3 years | +24.6% | +9.2% | +9.5% | 5.0% |
| 5 years | +22.3% | +11.4% | +1.4% | 9.3% |
Mutual fund holdings
202 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 126 of the 146 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 3 more funds filed their first portfolio on record, holding it.All 202 funds holding Hindustan Zinc
- Bought for the first timeBought for the first time. Funds that held it at the month's end and had not held it in any month on record before.
- 3
- Bought againBought again. Funds that held it at the month's end, had not held it the month before, and held it in an earlier month.
- 2
- AddedAdded. Funds that held more shares than at the end of the month before.
- 73
- CutCut. Funds that held fewer shares than at the end of the month before.
- 73
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 48
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end. Sold out in the glossary
- 2
| Fund | |||
|---|---|---|---|
| 68,85,725 | 0.52% | ₹389.7 Cr | |
| 63,00,000 | 4.33% | ₹356.6 Cr | |
| 36,05,175 | 0.76% | ₹204.1 Cr | |
| 35,85,575 | 0.27% | ₹202.9 Cr | |
| 31,56,000 | 3.93% | ₹178.6 Cr | |
| 29,40,958 | 0.46% | ₹166.5 Cr | |
| 28,14,576 | 6.30% | ₹159.3 Cr | |
| 25,50,000 | 1.94% | ₹144.3 Cr | |
| 25,00,000 | 0.93% | ₹141.5 Cr | |
| 21,71,530 | 0.60% | ₹122.9 Cr |
Promoter and insider buying and selling
Trades made since 28 Oct 2025.Hindustan Zinc insider trading
No promoter, director, key manager or employee bought or sold on the market.
- Promoters and promoter group: no market trade · 4 pledge filings of unclear kind
- Others: no market trade · 1 pledge filing of unclear kind
Hindustan Zinc competitors and peers
Non - Ferrous Metals, 27 listed companies, priced on 27 Oct 2026. The table lists the 8 companies closest to Hindustan Zinc in market cap. 1 company in its own group left out: one owns more than half of the other, directly or through a company it controls, or one owner more than half of both.Metal stocks
Where the company sits among the companies nearest its size
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| 2,00,273 | 12.21 | 1.47 | +20.3% | −3.1% | 12.6% | 13.6% | 0.56% | |
| 56,605 | 8.39 | 2.62 | +9.0% | +17.8% | 34.3% | 38.9% | 3.73% | |
| 39,392 | 34.66 | 11.79 | +67.1% | +133.9% | 37.9% | 42.1% | 0.70% | |
| 9,639 | – | – | – | – | – | – | 0.00% | |
| 3,424 | – | 6.90 | −47.1% | – | −9.4% | −11.4% | 0.00% | |
| 1,507 | 81.71 | 8.85 | – | – | 11.3% | 15.0% | 0.13% | |
| 1,129 | – | 3.26 | +21.4% | – | – | 11.5% | 0.45% | |
| 1,080 | 20.46 | 1.26 | +80.4% | – | 12.2% | 8.2% | 0.00% |
Dividends
Per share, by the year it was paid for, and the latest payments.Hindustan Zinc dividend history
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up. Dividend per share in the glossary| Ex-date | Type | Per share |
|---|---|---|
| 30 Apr 2026 | Interim | ₹11.00 |
| 17 Jun 2025 | Interim | ₹10.00 |
| 28 Aug 2024 | Interim | ₹19.00 |
| 15 May 2024 | Interim | ₹10.00 |
| 14 Dec 2023 | Interim | ₹6.00 |
| 14 Jul 2023 | Interim | ₹7.00 |
Latest announcements
Routine notices left out.Hindustan Zinc announcements
Oct 2026
19 Oct · Results
16 Oct · Updates
13 Oct · Analysts
13 Oct · Board meeting
Hindustan Zinc share price by year
Each calendar year to 2025.Hindustan Zinc share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 612.45 | +37.9% | 636.85 | 387.45 |
| 2024 | 444.00 | +39.6% | 772.30 | 289.40 |
| 2023 | 318.05 | −1.1% | 377.55 | 292.50 |
| 2022 | 321.70 | +1.5% | 352.45 | 246.10 |
| 2021 | 316.80 | +32.5% | 387.65 | 239.05 |
| 2020 | 239.05 | +14.0% | 252.95 | 125.55 |
| 2019 | 209.65 | −24.8% | 288.85 | 199.40 |
| 2018 | 278.65 | −9.8% | 332.30 | 261.05 |
| 2017 | 308.85 | +20.9% | 326.75 | 231.85 |
| 2016 | 255.40 | +74.5% | 285.30 | 139.00 |
Recent sessions
The 9 trading days to 26 Oct 2026, as traded on NSE; the latest is at the top of the page.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 26 Oct 2026 | 494.35 | 498.90 | 490.50 | 497.00 | 494.15 | 20,92,920 | 40.8% |
| 23 Oct 2026 | 505.00 | 506.75 | 492.00 | 496.00 | 496.93 | 44,72,313 | 42.8% |
| 22 Oct 2026 | 517.55 | 518.00 | 507.40 | 518.00 | 513.14 | 74,51,456 | 48.8% |
| 21 Oct 2026 | 559.85 | 559.85 | 520.60 | 525.00 | 540.32 | 1,05,81,057 | 26.6% |
| 19 Oct 2026 | 545.00 | 547.40 | 536.10 | 538.40 | 540.80 | 30,40,983 | 39.7% |
| 16 Oct 2026 | 535.00 | 545.70 | 533.30 | 540.00 | 540.06 | 24,74,600 | 40.9% |
| 15 Oct 2026 | 532.75 | 534.00 | 524.50 | 531.00 | 529.57 | 34,27,307 | 38.2% |
| 14 Oct 2026 | 545.00 | 546.05 | 538.95 | 540.00 | 542.14 | 20,84,822 | 44.0% |
| 13 Oct 2026 | 548.10 | 550.35 | 542.45 | 549.60 | 546.49 | 13,59,003 | 51.9% |
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.Bonus shares and stock split history
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 7 Mar 2011 | Bonus | 0.5000 | Holders received 1 bonus share for every 1 held. |
| 7 Mar 2011 | Split | 0.2000 | Each share became 5. |
Company details
- NSE symbol
- HINDZINC
- BSE code
- 500188
- ISIN
- INE267A01025
- Industry
- Non - Ferrous Metals
- CIN
- L27204RJ1966PLC001208
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 1966
- Registered office
- Yashad Bhawan, Udaipur 313004, Rajasthan
- Share registrar
- KFin Technologies Ltd
- Keeps the register of shareholders and handles transfers and dividend payments