Hindustan Zinc Limited (HINDZINC) Fair Value & Analysis
Basic Materials · IN · Market cap ₹2.2T
Fair value as of: Jul 16, 2026
From 26 valuation models · updated 22 days ago
Share price +11.1% over the past month.
A solid business, currently priced close to our fair value.
What matters now
- The price sits close to our fair value, market and models broadly agree here, little valuation tension.
- A fairly wide model range (₹371.44 to ₹749.84) leaves room in how you read the outcome.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 16, 2026.
How to read this chart
60‑month range ₹169.07 – ₹717.12 · fair‑value band ₹371.44 – ₹749.84 · the ₹590.00 price screens above the ₹576.80 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 16, 2026.
Analysis
Hindustan Zinc Limited (HINDZINC) currently trades at ₹590.00, while our model-based Fair Value estimate is ₹576.80, implying the stock looks roughly 2.2% fairly valued today. We read business quality at 73/100 (solid quality), in the Basic Materials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).
Over the trailing twelve months, Hindustan Zinc Limited generated revenue of ₹392B at a net margin of 35.3%. Revenue grew 40.8% year over year. It earns a return on equity of 76.9%. Net debt stands at ₹85.4B. Fundamentals as of Jul 16, 2026
Our scenario range runs from ₹371.44 (bear case) to ₹749.84 (bull case); at ₹590.00, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 18% below its 52-week high and 45% above its 52-week low, currently above its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -36% fair-value upside, at -2%, HINDZINC screens cheaper than that median.
Fair Value models
Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.
All 26 models by family
Widest divergence: DCF Models (₹744.58) versus Asset-Based (₹35.88). Highest evidence: Growth DCF (80).
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Jul 16, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 75 · Market factors (momentum, volatility) 60
Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.
About the company
Hindustan Zinc Limited explores for, extracts, and processes minerals in India, rest of Asia, and internationally. It operates through two segments, Zinc, Lead, Silver & Others; and Wind Energy. The company produces refined zinc and lead, precious metals, and silver; sulphuric acid; rock-phosphate; and metals and related alloys.
Full company description
Hindustan Zinc Limited explores for, extracts, and processes minerals in India, rest of Asia, and internationally. It operates through two segments, Zinc, Lead, Silver & Others; and Wind Energy. The company produces refined zinc and lead, precious metals, and silver; sulphuric acid; rock-phosphate; and metals and related alloys. It also operates captive thermal, wind and solar power, and waste heat recovery boiler power plants. In addition, the company offers di ammonium phosphate/nitrogen, phosphorus, and potassium fertilizers. The company was incorporated in 1966 and is based in Udaipur, India. Hindustan Zinc Limited is a subsidiary of Vedanta Limited.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2022 – FY2026 · reported fiscal years
Hindustan Zinc Limited reported revenue of ₹392B in FY2026 versus ₹288B in FY2022, a compound +8.0%/yr. Reported net income was ₹138B in FY2026, compounding +9.5%/yr from FY2022.
Watch HINDZINC: get an alert when its fair value changes →
Peer Group
Other Industrial Metals & Mining · 477 stocks
How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.
Valuation Multiples vs Other Industrial Metals & Mining median · lower = cheaper
Snowflake
Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.
Insider activity: 40/100
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.
Similar stocks
10 more Other Industrial Metals & Mining stocks, each showing price versus our Fair Value estimate (as of Jul 16, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| BHP Group BHPN | 1,425 MXN | 942.42 MXN | -34% |
| Rio Tinto Group RIO | A$164.89 | A$81.76 | -50% |
| Grupo México, S.A. GMEXICOB | 199.23 MXN | 187.72 MXN | -6% |
| Vale S.A VALE | $14.19 | $9.14 | -36% |
| Saudi Arabian Mining Company 1211 | 58.05 SAR | 33.87 SAR | -42% |
| CMOC Group 603993 | ¥18.20 | ¥16.15 | -11% |
| Fortescue Ltd FMG | A$18.47 | A$18.62 | +1% |
| China Tungsten And Hightech Materials Co 000657 | ¥74.71 | ¥9.55 | -87% |
| China Northern Rare Earth (Group) High-Tech Co 600111 | ¥39.56 | ¥10.59 | -73% |
| Korea Zinc Company 010130 | 1,043,000 KRW | 646,063 KRW | -38% |
Compare Hindustan Zinc Limited with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Basic Materials stocks →
Frequently asked questions
Is Hindustan Zinc Limited (HINDZINC) overvalued or undervalued?
What is the fair value of HINDZINC?
What is the quality score of HINDZINC?
What is the revenue of Hindustan Zinc Limited (HINDZINC)?
What is the net profit margin of HINDZINC?
Does Hindustan Zinc Limited pay a dividend?
How we calculate Fair Value
Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.
Track Hindustan Zinc Limited and try Pro for 14 days
One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.
Zero risk: nothing is ever charged. After 14 days you decide whether to stay.