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Hindustan Zinc Ltd
NSE:HINDZINC

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Hindustan Zinc Ltd
NSE:HINDZINC
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Price: 591.8 INR -3.47%
Market Cap: ₹2.5T

P/E

21.2
Current
18%
More Expensive
vs 3-y average of 18

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
21.2
=
Market Cap
₹2.6T
/
Net Income
₹118B

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
21.2
=
Market Cap
₹2.6T
/
Net Income
₹118B

Valuation Scenarios

Hindustan Zinc Ltd is trading above its 3-year average

If P/E returns to its 3-Year Average (18), the stock would be worth ₹502.93 (15% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-32%
Maximum Upside
+36%
Average Downside
0%
Scenario P/E Value Implied Price Upside/Downside
Current Multiple 21.2 ₹591.8
0%
3-Year Average 18 ₹502.93
-15%
5-Year Average 14.4 ₹402.63
-32%
Industry Average 23.3 ₹650.5
+10%
Country Average 28.7 ₹801.9
+36%

Forward P/E
Today’s price vs future net income

Today's Market Cap Net Income Forward P/E
₹2.6T
/
Jan 2026
₹118B
=
21.2
Current
₹2.6T
/
Mar 2026
₹134.3B
=
19.4
Forward
₹2.6T
/
Mar 2027
₹172.4B
=
15.1
Forward
₹2.6T
/
Mar 2028
₹186.2B
=
14
Forward

Forward P/E shows whether today’s P/E still looks high or low once future net income are taken into account.

Market Distribution

In line with most companies in India
Percentile
35th
Based on 3 123 companies
35th percentile
21.2
Low
0 — 18.9
Typical Range
18.9 — 44.4
High
44.4 —
Distribution Statistics
India
Min 0
30th Percentile 18.9
Median 28.7
70th Percentile 44.4
Max 877 228.1

Hindustan Zinc Ltd
Glance View

In the rugged terrains of Rajasthan, Hindustan Zinc Ltd. (HZL) stands as a titan in the mining industry, wielding the title of the world's second-largest producer of zinc and among the most cost-efficient. Born from the strategic vision of Vedanta Group, HZL mines and processes zinc, a metal indispensable to industries ranging from construction to automotive. The company orchestrates a remarkable operation, running zinc-lead mines with state-of-the-art technology that draws from vast natural deposits deep within India's earth. Beyond extraction, HZL’s prowess stretches into the realms of smelting and refining, where zinc and its by-products like lead and silver are engineered to meet global market demands and stringent quality standards. HZL makes its money by producing both refined metals and their inevitable by-products, which find their way into numerous everyday applications. Zinc, primarily used in galvanizing to prevent rusting across infrastructure and automotive industries, is the star player in HZL’s lineup. The company also benefits from the by-products of its operations, including significant outputs of lead and silver, thereby diversifying its revenue streams. Through a blend of innovation and efficiency, HZL manages to achieve a low cost of production, bolstering its competitive edge in the global market. This operational mastery allows Hindustan Zinc Ltd. not only to fulfill domestic demand but also to position itself as a formidable player on the international stage, where it exports a significant portion of its production.

HINDZINC Intrinsic Value
427.32 INR
Overvaluation 28%
Intrinsic Value
Price ₹591.8
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