Hindustan Zinc Ltd

₹ 274 0.29%
12 Aug - close price
About

Incorporated in 1966, Hindustan Zinc has a rich experience of more than five decades in Zinc- lead mining and smelting.
Ranked #1 in the Metals and Mining Category in Asia Pacific in Dow Jones Sustainability Index 2019, HZL is one of the lowest cost producers of zinc globally and it is India's Only Integrated producer of Zinc, Lead, Silver. [1]

Company is a subsidiary of Vedanta Limited which owns 64.9% stake in it and balance 29.5% stake is owned by Government of India.[2]

Key Points

Dominant and Leading player
Hindustan Zinc is the only integrated producer of Zinc, Lead, Silver in India and is having a dominant market position with 77% market share in India's primary zinc mining industry. [1]

Highly recognised Globally
Having a rich experience of over five decades in Zinc-lead mining and smelting, HZL has well established presence in Asia's emerging economies.
Globally, HZL is the 2nd largest zinc-lead miner, 4th Largest zinc - lead smelter & 6th largest silver producer. Company exports accounted for 20% of turnover. [2]

  • Market Cap 115,647 Cr.
  • Current Price 274
  • High / Low 409 / 242
  • Stock P/E 10.8
  • Book Value 81.1
  • Dividend Yield 7.67 %
  • ROCE 37.3 %
  • ROE 28.8 %
  • Face Value 2.00
Prafullanalini Bramha
Prafullanalini Bramha
She was a member of the Yugantar. They formed small groups of girls (Girls' Club) and trained them in revolver shooting and martial arts. She pursued the leaders let them have bigger roles like the boys.
Unsung Heroes →
Bhikubhai Gomansinh Solanki
Bhikubhai Gomansinh Solanki
He helped in liberation of Dadra and Nagar Haveli. He strategically coordinated with freedom fighters and captured Naroli during the time of floods. People of Naroli called him Kazi because he solved the problems of people.
Unsung Heroes →

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Stock is providing a good dividend yield of 7.67%.
  • Company has been maintaining a healthy dividend payout of 98.1%

Cons

  • The company has delivered a poor sales growth of 11.2% over past five years.
  • Promoters have pledged 86.0% 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022
4,987 4,511 4,672 4,391 3,989 5,660 6,033 6,947 6,531 6,122 7,990 8,797 9,387
2,510 2,394 2,383 2,427 2,413 2,708 2,764 3,072 2,973 2,787 3,620 3,834 4,249
Operating Profit 2,477 2,117 2,289 1,964 1,576 2,952 3,269 3,875 3,558 3,335 4,370 4,963 5,138
OPM % 50% 47% 49% 45% 40% 52% 54% 56% 54% 54% 55% 56% 55%
429 590 445 470 684 390 450 295 215 311 279 277 310
Interest 29 25 42 16 52 68 135 131 92 82 50 66 44
Depreciation 534 595 597 553 544 652 639 696 658 702 741 816 731
Profit before tax 2,343 2,087 2,095 1,865 1,664 2,622 2,945 3,343 3,023 2,862 3,858 4,358 4,673
Tax % 25% 0% 23% 28% 18% 26% 25% 26% 34% 30% 30% 33% 34%
Net Profit 1,765 2,081 1,620 1,339 1,359 1,940 2,200 2,481 1,983 2,017 2,701 2,929 3,093
EPS in Rs 4.18 4.93 3.83 3.17 3.22 4.59 5.21 5.87 4.69 4.77 6.39 6.93 7.32

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 TTM
10,039 11,405 12,700 13,636 14,788 14,181 17,273 22,082 21,118 18,561 22,629 29,440 32,296
4,459 5,336 6,172 6,717 7,338 7,923 7,534 9,812 10,448 9,691 10,957 13,214 14,490
Operating Profit 5,580 6,069 6,528 6,919 7,450 6,258 9,739 12,270 10,670 8,870 11,672 16,226 17,806
OPM % 56% 53% 51% 51% 50% 44% 56% 56% 51% 48% 52% 55% 55%
872 1,500 1,966 1,881 2,788 3,127 2,474 1,956 1,782 1,911 1,819 1,082 1,177
Interest 18 14 27 45 24 17 202 246 113 112 386 290 242
Depreciation 475 611 647 785 644 745 1,811 1,483 1,883 2,279 2,531 2,917 2,990
Profit before tax 5,960 6,945 7,820 7,970 9,570 8,623 10,200 12,497 10,456 8,390 10,574 14,101 15,751
Tax % 18% 20% 12% 13% 15% 5% 18% 26% 24% 19% 25% 32%
Net Profit 4,900 5,526 6,899 6,905 8,178 8,175 8,316 9,276 7,956 6,805 7,980 9,630 10,740
EPS in Rs 11.60 13.08 16.33 16.34 19.35 19.35 19.68 21.95 18.83 16.11 18.89 22.79 25.41
Dividend Payout % 9% 18% 19% 21% 23% 144% 149% 36% 106% 102% 113% 79%
Compounded Sales Growth
10 Years: 10%
5 Years: 11%
3 Years: 12%
TTM: 28%
Compounded Profit Growth
10 Years: 7%
5 Years: 4%
3 Years: 8%
TTM: 24%
Stock Price CAGR
10 Years: 8%
5 Years: -1%
3 Years: 10%
1 Year: -17%
Return on Equity
10 Years: 22%
5 Years: 23%
3 Years: 22%
Last Year: 29%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
845 845 845 845 845 845 845 845 845 845 845 845
Reserves 21,688 26,036 31,431 36,573 42,508 36,540 29,960 35,087 32,760 39,465 31,468 33,437
0 0 0 0 0 0 7,908 0 2,538 611 7,201 2,844
2,519 2,603 3,190 4,259 5,639 15,810 13,082 7,000 6,315 6,054 6,213 7,545
Total Liabilities 25,053 29,485 35,465 41,677 48,992 53,195 51,795 42,932 42,458 46,975 45,727 44,671
7,254 8,513 8,484 9,147 9,446 10,385 9,993 11,302 14,778 16,469 16,808 17,396
CWIP 595 445 1,082 1,541 2,005 2,428 3,071 3,220 2,254 2,489 1,922 2,075
Investments 9,335 12,695 14,540 22,506 27,254 35,221 23,783 20,222 19,488 20,329 12,957 15,052
7,869 7,832 11,360 8,482 10,288 5,161 14,948 8,188 5,938 7,688 14,040 10,148
Total Assets 25,053 29,485 35,465 41,677 48,992 53,195 51,795 42,932 42,458 46,975 45,727 44,671

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
4,272 4,492 4,785 5,471 5,531 6,451 7,588 9,800 8,781 6,621 10,567 12,691
-3,659 -3,499 -3,269 -3,955 -3,807 -3,236 12,007 2,396 -1,092 -2,648 -2,435 846
-363 -1,242 -1,255 -1,577 -1,902 -3,214 -11,266 -18,612 -9,630 -2,098 -9,697 -12,258
Net Cash Flow 250 -248 261 -62 -178 1 8,329 -6,416 -1,941 1,875 -1,565 1,279

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Debtor Days 8 11 12 11 16 3 3 3 3 7 7 9
Inventory Days 620
Days Payable 225
Cash Conversion Cycle 8 11 407 11 16 3 3 3 3 7 7 9
Working Capital Days -2 7 11 -1 -14 -347 -208 -67 -54 -44 -56 -36
ROCE % 29% 26% 23% 20% 25% 20% 26% 33% 28% 22% 26% 37%

Shareholding Pattern

Numbers in percentages

Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022
64.92 64.92 64.92 64.92 64.92 64.92 64.92 64.92 64.92 64.92 64.92 64.92
1.26 1.10 0.99 0.96 1.04 1.12 1.10 0.96 0.83 0.70 0.79 0.86
2.62 2.73 2.72 2.65 2.58 2.55 2.55 2.63 2.74 2.90 2.95 2.95
29.58 29.58 29.58 29.58 29.59 29.59 29.59 29.58 29.58 29.58 29.58 29.58
1.62 1.67 1.78 1.89 1.87 1.82 1.83 1.91 1.93 1.90 1.76 1.69

Documents

Prafullanalini Bramha
Prafullanalini Bramha
She was a member of the Yugantar. They formed small groups of girls (Girls' Club) and trained them in revolver shooting and martial arts. She pursued the leaders let them have bigger roles like the boys.
Unsung Heroes →
Sher Ali Afridi
Sher Ali Afridi
Sher Ali stabbed Lord Mayo in 1872. The Viceroy's assassination shocked British India and Great Britain.
Unsung Heroes →