- Valuation
- ₹1,31,598 Cr

About Hindustan Zinc Limited
Data last updated:
Hindustan Zinc Limited is a public limited company based in Udaipur, Rajasthan, India, a subsidiary of Vedanta Limited. It operates in the metal manufacturing and processing segment of the metals and mining sector. It was incorporated on 10 January 1966 and has been in existence for over 60 years.
Hindustan Zinc is part of the Nifty 500 and BSE 500 indices.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN L27204RJ1966PLC001208. Its GSTIN is 08AAACH7354K1ZB (Rajasthan). The company holds 23 GST registrations, of which 15 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 500188 and NSE: HINDZINC.
The company has an authorised share capital of ₹1,000 Cr and a paid-up capital of ₹845.06 Cr. It was formerly known as Hindustan Zinc Private Limited. It is led by directors including Amarendu Prakash (Whole-Time Director) and Navin Agarwal.
Its last annual general meeting (AGM) was held on 29 June 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Yashad Bhavan Yashadgarh, Udaipur, Rajasthan, India – 313004.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹40,844 Cr, a growth of 19.8% compared to the previous year. For the same year it recorded a net profit of ₹13,779 Cr (net margin 33.7%) and EBITDA of ₹22,033 Cr (EBITDA margin 53.9%). The net worth stands at ₹22,629 Cr (up 69.8% YoY). Total assets are valued at ₹32,653 Cr (up 26.6% YoY).
The company has about 5,420 employees on its provident fund (EPFO) records. Its group structure includes 4 subsidiaries and 1 joint venture.
The company is associated with 1 brand: Hindustan Zinc. As per MCA filings, the company has open charges of ₹8,190.8 Cr and satisfied charges of ₹260 Cr on record. Court records list 2,858 cases involving the company, including 1,681 filed by the company and 1,177 filed against it; 469 cases are pending. The company has 6 deals on record (4 market trades, 1 secondary share transfer, 1 debt financing), with disclosed funding of ₹3,520 Cr; the latest was in June 2025. The company has 13 MSME Form 1 returns on record between 2019 and 2024, listing 2,865 overdue payments to 280 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hzlindia.com.
Company details
Recognitions & Rankings of Hindustan Zinc
Contact details
Hindustan Zinc Limited's registered office is in Udaipur, Rajasthan. Its website is hzlindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressYashad Bhavan Yashadgarh, Udaipur, Rajasthan, India – 313004
- IndustryMetals and Minerals, Metal Manufacturing & Processing, Mining & Mineral Extraction
To see the full contact details of Hindustan Zinc Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Hindustan Zinc operates one associated brand: Hindustan Zinc. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Zinc, lead and silver mining company | hzlindia.com |
Business activity
The main business activity of Hindustan Zinc is manufacturing. In detail, this covers manufacture of basic metals.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 24 | Manufacture of basic metals |
To see the full business activity and turnover split of Hindustan Zinc Limited, buy the company report.
Financials of Hindustan Zinc Limited
FY 2025-26 filings availableHindustan Zinc Limited reported revenue of ₹40,844 Cr (up 19.8% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Income statement | ||||||
| Revenue | 40,844 | 34,083 | 28,932 | 34,098 | 29,440 | 22,629 |
| Revenue growth | +19.8% | +17.8% | -15.2% | +15.8% | +30.1% | - |
| EBITDA | 22,033 | 17,305 | 13,656 | 17,506 | 16,091 | 11,672 |
| EBITDA margin | +53.9% | +50.8% | +47.2% | +51.3% | +54.7% | +51.6% |
| Profit before tax | 18,508 | 13,553 | 10,307 | 15,288 | 14,100 | 10,574 |
| Net profit | 13,779 | 10,401 | 7,746 | 10,495 | 9,573 | 7,719 |
| Net profit margin | +33.7% | +30.5% | +26.8% | +30.8% | +32.5% | +34.1% |
| EPS (₹) | 32.74 | 24.50 | 18.36 | 24.88 | 22.79 | 18.89 |
| Balance sheet | ||||||
| Total assets | 32,653 | 25,798 | 25,041 | 26,062 | 38,361 | 40,732 |
| Net worth | 22,629 | 13,326 | 15,195 | 12,932 | 34,281 | 32,313 |
| Total debt | 8,728 | 10,967 | 8,722 | 11,881 | 2,844 | 7,201 |
| Cash & bank | 319 | 177 | 175 | 1,412 | 5,763 | 9,376 |
| Net working capital | (4,206) | (3,923) | (3,792) | (2,137) | 3,563 | 6,616 |
| Cash flow | ||||||
| Cash from operations | 17,008 | 14,160 | 13,346 | 15,162 | 12,691 | 10,567 |
| Cash from investing | (8,906) | (2,706) | (3,406) | 6,529 | 846 | (2,435) |
| Cash from financing | (7,901) | (11,411) | (9,946) | (23,224) | (12,258) | (9,697) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 15,093 | 13,747 | 13,544 | 10,980 | 8,549 | 7,771 | 9,087 | 8,614 |
| Revenue growth (YoY) | +76.6% | +76.9% | +49.1% | +27.5% | +3.6% | -4.4% | - | - |
| Other income | 374 | 316 | 280 | 318 | 238 | 279 | 227 | 218 |
| EBITDA | 9,248 | 8,050 | 7,706 | 6,054 | 4,445 | 3,859 | 4,820 | 4,499 |
| EBITDA margin | +63.4% | +61.8% | +60.7% | +57.0% | +53.7% | +50.8% | +54.6% | +54.1% |
| Depreciation | 962 | 920 | 1,048 | 947 | 882 | 913 | 1,014 | 905 |
| Interest | 88.00 | 132 | 187 | 195 | 259 | 240 | 251 | 285 |
| Profit before tax | 8,572 | 7,314 | 6,751 | 5,230 | 3,542 | 2,985 | 3,782 | 3,527 |
| Tax | 2,160 | 1,845 | 1,718 | 1,314 | 893 | 751 | 779 | 849 |
| Net profit | 6,412 | 5,469 | 5,033 | 3,916 | 2,649 | 2,234 | 3,003 | 2,678 |
| EPS (₹) | 15.18 | 12.94 | 11.91 | 9.27 | 6.27 | 5.29 | 7.11 | 6.34 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 40,658 | 33,969 | 28,934 | 34,098 | 29,440 | 22,629 | 18,561 |
| Revenue growth | +19.7% | +17.4% | -15.1% | +15.8% | +30.1% | +21.9% | - |
| EBITDA | 21,882 | 17,213 | 13,661 | 17,512 | 16,092 | 11,672 | 8,847 |
| EBITDA margin | +53.8% | +50.7% | +47.2% | +51.4% | +54.7% | +51.6% | +47.7% |
| Profit before tax | 18,362 | 13,464 | 10,343 | 15,297 | 14,101 | 10,574 | 8,390 |
| Net profit | 13,659 | 10,328 | 7,774 | 10,504 | 9,574 | 7,719 | 6,654 |
| Net profit margin | +33.6% | +30.4% | +26.9% | +30.8% | +32.5% | +34.1% | +35.9% |
| EPS (₹) | 32.45 | 24.33 | 18.43 | 24.90 | 22.79 | 18.89 | 16.11 |
| Balance sheet | |||||||
| Total assets | 32,486 | 25,747 | 25,066 | 26,060 | 38,362 | 40,732 | 42,173 |
| Net worth | 22,475 | 13,290 | 15,233 | 12,942 | 34,282 | 32,313 | 40,310 |
| Total debt | 8,726 | 10,964 | 8,722 | 11,881 | 2,844 | 7,201 | 611 |
| Cash & bank | 314 | 175 | 173 | 1,412 | 5,763 | 9,376 | 1,918 |
| Net working capital | (4,182) | (3,883) | (3,701) | (2,068) | 3,564 | 6,616 | (318) |
| Cash flow | |||||||
| Cash from operations | 16,857 | 14,127 | 13,343 | 15,166 | 12,691 | 10,567 | 6,621 |
| Cash from investing | (8,760) | (2,658) | (3,405) | 6,525 | 846 | (2,435) | (2,648) |
| Cash from financing | (7,899) | (11,426) | (9,946) | (23,224) | (12,258) | (9,697) | (2,098) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 14,961 | 13,687 | 13,488 | 10,922 | 8,525 | 7,723 | 9,041 | 8,556 |
| Revenue growth (YoY) | +75.5% | +77.2% | +49.2% | +27.7% | +3.4% | -5.0% | - | - |
| Other income | 373 | 315 | 280 | 319 | 237 | 282 | 230 | 221 |
| Total expenses | 5,827 | 5,693 | 5,822 | 4,917 | 4,099 | 3,907 | 4,258 | 4,098 |
| EBITDA | 9,134 | 7,994 | 7,666 | 6,005 | 4,426 | 3,816 | 4,783 | 4,458 |
| EBITDA margin | +63.2% | +61.6% | +60.7% | +56.8% | +53.6% | +50.6% | +54.5% | +54.0% |
| Depreciation | 960 | 918 | 1,053 | 944 | 881 | 911 | 1,013 | 903 |
| Interest | 88.00 | 132 | 187 | 195 | 259 | 239 | 251 | 285 |
| Profit before tax | 8,459 | 7,259 | 6,706 | 5,185 | 3,523 | 2,948 | 3,749 | 3,491 |
| Tax | 2,142 | 1,834 | 1,709 | 1,306 | 891 | 744 | 773 | 844 |
Financial Statements
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 15,093 | 13,747 | 13,544 | 10,980 | 8,549 | 7,771 | 9,087 | 8,614 |
| Revenue growth (YoY) | +76.6% | +76.9% | +49.1% | +27.5% | +3.6% | -4.4% | - | - |
| Other income | 374 | 316 | 280 | 318 | 238 | 279 | 227 | 218 |
| EBITDA | 9,248 | 8,050 | 7,706 | 6,054 | 4,445 | 3,859 | 4,820 | 4,499 |
| EBITDA margin | +63.4% | +61.8% | +60.7% | +57.0% | +53.7% | +50.8% | +54.6% | +54.1% |
| Depreciation | 962 | 920 | 1,048 | 947 | 882 | 913 | 1,014 | 905 |
| Interest | 88.00 | 132 | 187 | 195 | 259 | 240 | 251 | 285 |
| Profit before tax | 8,572 | 7,314 | 6,751 | 5,230 | 3,542 | 2,985 | 3,782 | 3,527 |
| Tax | 2,160 | 1,845 | 1,718 | 1,314 | 893 | 751 | 779 | 849 |
| Net profit | 6,412 | 5,469 | 5,033 | 3,916 | 2,649 | 2,234 | 3,003 | 2,678 |
| EPS (₹) | 15.18 | 12.94 | 11.91 | 9.27 | 6.27 | 5.29 | 7.11 | 6.34 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Revenue | 40,844 | 34,083 | 28,932 | 34,098 | 29,440 | 22,629 |
| Revenue growth | +19.8% | +17.8% | -15.2% | +15.8% | +30.1% | - |
| Other income | 1,146 | 983 | 1,074 | 1,379 | 1,216 | 1,819 |
| Total expenses | 18,811 | 16,778 | 15,276 | 16,592 | 13,349 | 10,957 |
| Employee cost | 771 | 886 | 828 | 845 | 718 | 760 |
| EBITDA | 22,033 | 17,305 | 13,656 | 17,506 | 16,091 | 11,672 |
| EBITDA margin | +53.9% | +50.8% | +47.2% | +51.3% | +54.7% | +51.6% |
| Depreciation | 3,790 | 3,640 | 3,468 | 3,264 | 2,917 | 2,531 |
| Interest | 881 | 1,095 | 955 | 333 | 290 | 386 |
| Profit before tax | 18,508 | 13,553 | 10,307 | 15,288 | 14,100 | 10,574 |
| Tax | 4,676 | 3,200 | 2,548 | 4,777 | 4,471 | 2,594 |
| Net profit | 13,779 | 10,401 | 7,746 | 10,495 | 9,573 | 7,719 |
| Net profit margin | +33.7% | +30.5% | +26.8% | +30.8% | +32.5% | +34.1% |
| EPS (₹) | 32.74 | 24.50 | 18.36 | 24.88 | 22.79 | 18.89 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Equity & liabilities | ||||||
| Share capital | 845 | 845 | 845 | 845 | 845 | 845 |
| Reserves & surplus | 21,784 | 12,481 | 14,350 | 12,087 | 33,436 | 31,468 |
| Shareholders' funds (net worth) | 22,629 | 13,326 | 15,195 | 12,932 | 34,281 | 32,313 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 0.00 | 903 | 1,504 | 1,505 | 0.00 | 0.00 |
| Unsecured loans | 8,728 | 10,064 | 7,218 | 10,376 | 2,844 | 7,201 |
| Total debt | 8,728 | 10,967 | 8,722 | 11,881 | 2,844 | 7,201 |
| Total liabilities | 32,653 | 25,798 | 25,041 | 26,062 | 38,361 | 40,732 |
| Assets | ||||||
| Gross block | 50,501 | 45,819 | 41,988 | 38,189 | 35,378 | 32,306 |
| Net block | 19,937 | 18,608 | 18,151 | 17,622 | 17,396 | 16,808 |
| Capital work in progress | 3,409 | 2,606 | 1,696 | 2,237 | 2,075 | 1,922 |
| Investments | 14,468 | 9,972 | 10,452 | 10,107 | 15,052 | 12,957 |
| Inventories | 2,054 | 1,889 | 1,926 | 1,862 | 1,953 | 1,425 |
| Sundry debtors | 399 | 117 | 155 | 380 | 716 | 406 |
| Cash & bank balances | 319 | 177 | 175 | 1,412 | 5,763 | 9,376 |
| Loans & advances | 474 | 294 | 495 | 1,300 | 498 | 404 |
| Total current assets | 3,246 | 2,477 | 2,751 | 4,954 | 8,930 | 11,611 |
| Total current liabilities | 7,452 | 6,400 | 6,543 | 7,091 | 5,367 | 4,995 |
| Net working capital | (4,206) | (3,923) | (3,792) | (2,137) | 3,563 | 6,616 |
| Total assets | 32,653 | 25,798 | 25,041 | 26,062 | 38,361 | 40,732 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Opening cash | 96.00 | 53.00 | 59.00 | 1,592 | 313 | 1,878 |
| Net cash from operating activities | 17,008 | 14,160 | 13,346 | 15,162 | 12,691 | 10,567 |
| Net cash from investing activities | (8,906) | (2,706) | (3,406) | 6,529 | 846 | (2,435) |
| Net cash from financing activities | (7,901) | (11,411) | (9,946) | (23,224) | (12,258) | (9,697) |
| Net change in cash | 201 | 43.00 | (6.00) | (1,533) | 1,279 | (1,565) |
| Closing cash | 319 | 177 | 175 | 1,412 | 5,763 | 9,376 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Growth | ||||||
| Sales growth | +19.8% | +17.8% | -15.2% | +15.8% | +30.1% | - |
| EBITDA growth | +27.3% | +26.7% | -22.0% | +8.8% | +37.9% | - |
| PBT growth | +36.6% | +31.5% | -32.6% | +8.4% | +33.4% | +9997.0% |
| Net income growth | +32.5% | +34.3% | -26.2% | +9.6% | +24.0% | - |
| Revenue CAGR (3Y) | +6.2% | +5.0% | +8.5% | - | - | - |
| EBITDA CAGR (3Y) | +8.0% | +2.5% | +5.4% | - | - | - |
| Profitability & leverage | ||||||
| Net income margin | +33.9% | +30.4% | +26.8% | +30.8% | +32.7% | +35.3% |
| Return on capital employed | +66.3% | +57.6% | +44.1% | +48.5% | +36.4% | +26.9% |
| Return on net worth | +76.9% | +72.6% | +55.2% | +44.5% | +28.9% | +24.7% |
| Debt / equity | 0.55 | 0.69 | 0.73 | 0.31 | 0.15 | 0.22 |
| Long-term debt / equity | 0.31 | 0.37 | 0.21 | 0.08 | 0.10 | 0.13 |
| Interest cover | 4.83 | 8.01 | 9.37 | 2.34 | 2.20 | 4.22 |
| Efficiency & per share | ||||||
| Fixed asset turnover | 0.85 | 0.78 | 0.72 | 0.93 | 0.87 | 0.70 |
| Inventory turnover | 20.72 | 17.87 | 15.28 | 17.88 | 17.43 | 15.88 |
| Debtors turnover | 158.31 | 250.61 | 108.16 | 62.22 | 52.48 | 55.74 |
| EPS (₹) | 32.74 | 24.50 | 18.36 | 24.88 | 22.79 | 18.89 |
| Dividend per share (₹) | 10.00 | 29.00 | 13.00 | 75.50 | 18.00 | 21.30 |
| Book value per share (₹) | 53.56 | 31.54 | 35.96 | 30.61 | 81.14 | 76.48 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 14,961 | 13,687 | 13,488 | 10,922 | 8,525 | 7,723 | 9,041 | 8,556 |
| Revenue growth (YoY) | +75.5% | +77.2% | +49.2% | +27.7% | +3.4% | -5.0% | - | - |
| Other income | 373 | 315 | 280 | 319 | 237 | 282 | 230 | 221 |
| Total expenses | 5,827 | 5,693 | 5,822 | 4,917 | 4,099 | 3,907 | 4,258 | 4,098 |
| EBITDA | 9,134 | 7,994 | 7,666 | 6,005 | 4,426 | 3,816 | 4,783 | 4,458 |
| EBITDA margin | +63.2% | +61.6% | +60.7% | +56.8% | +53.6% | +50.6% | +54.5% | +54.0% |
| Depreciation | 960 | 918 | 1,053 | 944 | 881 | 911 | 1,013 | 903 |
| Interest | 88.00 | 132 | 187 | 195 | 259 | 239 | 251 | 285 |
| Profit before tax | 8,459 | 7,259 | 6,706 | 5,185 | 3,523 | 2,948 | 3,749 | 3,491 |
| Tax | 2,142 | 1,834 | 1,709 | 1,306 | 891 | 744 | 773 | 844 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 40,658 | 33,969 | 28,934 | 34,098 | 29,440 | 22,629 | 18,561 |
| Revenue growth | +19.7% | +17.4% | -15.1% | +15.8% | +30.1% | +21.9% | - |
| Other income | 1,149 | 996 | 1,103 | 1,382 | 1,216 | 1,819 | 1,934 |
| Total expenses | 18,776 | 16,756 | 15,273 | 16,586 | 13,348 | 10,957 | 9,714 |
| Employee cost | 761 | 878 | 826 | 843 | 717 | 760 | 689 |
| EBITDA | 21,882 | 17,213 | 13,661 | 17,512 | 16,092 | 11,672 | 8,847 |
| EBITDA margin | +53.8% | +50.7% | +47.2% | +51.4% | +54.7% | +51.6% | +47.7% |
| Depreciation | 3,789 | 3,634 | 3,466 | 3,264 | 2,917 | 2,531 | 2,279 |
| Interest | 880 | 1,111 | 955 | 333 | 290 | 386 | 112 |
| Profit before tax | 18,362 | 13,464 | 10,343 | 15,297 | 14,101 | 10,574 | 8,390 |
| Tax | 4,650 | 3,185 | 2,556 | 4,777 | 4,471 | 2,594 | 1,585 |
| Net profit | 13,659 | 10,328 | 7,774 | 10,504 | 9,574 | 7,719 | 6,654 |
| Net profit margin | +33.6% | +30.4% | +26.9% | +30.8% | +32.5% | +34.1% | +35.9% |
| EPS (₹) | 32.45 | 24.33 | 18.43 | 24.90 | 22.79 | 18.89 | 16.11 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 845 | 845 | 845 | 845 | 845 | 845 | 845 |
| Reserves & surplus | 21,630 | 12,445 | 14,388 | 12,097 | 33,437 | 31,468 | 39,465 |
| Shareholders' funds (net worth) | 22,475 | 13,290 | 15,233 | 12,942 | 34,282 | 32,313 | 40,310 |
| Secured loans | 0.00 | 903 | 1,504 | 1,505 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 8,726 | 10,061 | 7,218 | 10,376 | 2,844 | 7,201 | 611 |
| Total debt | 8,726 | 10,964 | 8,722 | 11,881 | 2,844 | 7,201 | 611 |
| Total liabilities | 32,486 | 25,747 | 25,066 | 26,060 | 38,362 | 40,732 | 42,173 |
| Assets | |||||||
| Gross block | 50,354 | 45,690 | 41,890 | 38,187 | 35,378 | 32,306 | 29,617 |
| Net block | 19,802 | 18,488 | 18,055 | 17,620 | 17,396 | 16,808 | 16,469 |
| Capital work in progress | 3,382 | 2,552 | 1,529 | 2,107 | 2,075 | 1,922 | 2,489 |
| Investments | 14,440 | 9,971 | 10,452 | 10,107 | 15,052 | 12,957 | 20,329 |
| Inventories | 2,051 | 1,882 | 1,924 | 1,862 | 1,953 | 1,425 | 1,835 |
| Sundry debtors | 399 | 112 | 161 | 380 | 716 | 406 | 379 |
| Cash & bank balances | 314 | 175 | 173 | 1,412 | 5,763 | 9,376 | 1,918 |
| Loans & advances | 475 | 326 | 561 | 1,358 | 499 | 404 | 352 |
| Total current assets | 3,239 | 2,495 | 2,819 | 5,012 | 8,931 | 11,611 | 4,484 |
| Total current liabilities | 7,421 | 6,378 | 6,520 | 7,080 | 5,367 | 4,995 | 4,802 |
| Net working capital | (4,182) | (3,883) | (3,701) | (2,068) | 3,564 | 6,616 | (318) |
| Total assets | 32,486 | 25,747 | 25,066 | 26,060 | 38,362 | 40,732 | 42,173 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 94.00 | 51.00 | 59.00 | 1,592 | 313 | 1,878 | 3.00 |
| Net cash from operating activities | 16,857 | 14,127 | 13,343 | 15,166 | 12,691 | 10,567 | 6,621 |
| Net cash from investing activities | (8,760) | (2,658) | (3,405) | 6,525 | 846 | (2,435) | (2,648) |
| Net cash from financing activities | (7,899) | (11,426) | (9,946) | (23,224) | (12,258) | (9,697) | (2,098) |
| Net change in cash | 198 | 43.00 | (8.00) | (1,533) | 1,279 | (1,565) | 1,875 |
| Closing cash | 314 | 175 | 173 | 1,412 | 5,763 | 9,376 | 1,918 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +19.7% | +17.4% | -15.1% | +15.8% | +30.1% | +21.9% | - |
| EBITDA growth | +27.1% | +26.0% | -22.0% | +8.8% | +37.9% | +31.9% | - |
| PBT growth | +36.4% | +30.2% | -32.4% | +8.5% | +33.4% | +26.0% | -19.8% |
| Net income growth | +32.3% | +32.9% | -26.0% | +9.7% | +24.0% | +16.0% | - |
| Revenue CAGR (3Y) | +6.0% | +4.9% | +8.5% | +22.5% | +11.7% | +0.8% | +2.4% |
| EBITDA CAGR (3Y) | +7.7% | +2.3% | +5.4% | +25.6% | +14.7% | -1.5% | -3.2% |
| Profitability & leverage | |||||||
| Net income margin | +33.7% | +30.3% | +26.9% | +30.9% | +32.7% | +35.3% | +36.7% |
| Return on capital employed | +66.1% | +57.4% | +44.2% | +48.5% | +36.4% | +26.4% | +21.4% |
| Return on net worth | +76.7% | +72.1% | +55.3% | +44.6% | +28.9% | +22.0% | +18.4% |
| Debt / equity | 0.55 | 0.69 | 0.73 | 0.31 | 0.15 | 0.11 | 0.04 |
| Long-term debt / equity | 0.31 | 0.37 | 0.21 | 0.08 | 0.10 | 0.06 | 0.00 |
| Interest cover | 4.86 | 8.18 | 9.37 | 2.34 | 2.20 | 4.22 | 1.71 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.85 | 0.78 | 0.72 | 0.93 | 0.87 | 0.73 | 0.67 |
| Inventory turnover | 20.68 | 17.85 | 15.28 | 17.88 | 17.43 | 13.88 | 10.99 |
| Debtors turnover | 159.13 | 248.86 | 106.96 | 62.22 | 52.48 | 57.65 | 64.56 |
| EPS (₹) | 32.45 | 24.33 | 18.43 | 24.90 | 22.79 | 18.89 | 16.11 |
| Dividend per share (₹) | 10.00 | 29.00 | 13.00 | 75.50 | 18.00 | 21.30 | 16.50 |
| Book value per share (₹) | 53.20 | 31.46 | 36.05 | 30.63 | 81.14 | 76.48 | 95.41 |
To see the full year-wise statements and ratios of Hindustan Zinc Limited, buy the company report.
Board of directors of Hindustan Zinc Limited
Hindustan Zinc has 10 current directors and 40 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Navin Agarwal | Director | 11 Apr 2002 | 24 Years 6 Months | Current |
| Priya Agarwal | Director | 19 Jan 2023 | 3 Years 9 Months | Current |
| Sandeep Vasant Kadam | Nominee Director | 19 Jan 2026 | 0 Years 9 Months | Current |
| Thomas Mathew Thumpeparambil Also directs: Esl Steel Limited, Bharat Aluminium Co Ltd | Director | 01 Oct 2025 | 1 Years 1 Months | Current |
| Ashim Kumar Modi | Nominee Director | 17 Oct 2025 | 1 Years 0 Months | Current |
| Anoop Kumar Mittal | Director | 01 Aug 2025 | 1 Years 3 Months | Current |
Auditor
Hindustan Zinc Limited is audited by S.R. Batliboi & Co. LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R. Batliboi & Co. LLP | FY 2025 | 301003E/E300005 |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 60.70%, foreign institutional investors hold 2.20%, domestic institutional investors hold 32.90% and retail and other public shareholders hold 4.20%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 60.70% | 60.70% | 61.80% | 61.80% |
| Public | 39.30% | 39.30% | 38.20% | 38.20% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Dec 2023 | 100829604 | Others | ₹8,190.8 Cr | Open | |
| 05 Jan 2015 | 10544321 | State Bank of Bikaner & Jaipur | ₹20 Cr | Satisfied | |
| 04 May 2005 | 80002852 | Idbi Bank Limited | ₹200 Cr | Satisfied | |
| 04 May 2005 | 90263201 | Idbi Bank Limited | ₹40 Cr | Satisfied |
To see the full charge records of Hindustan Zinc Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Hindustan Zinc Limited has 6 deals on record (4 market trades, 1 secondary share transfer, 1 debt financing), with disclosed funding of ₹3,520 Cr; the latest was in June 2025.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2025 | Secondary share transfer | Undisclosed | Seller: Vedanta Limited |
| Jun 2025 | Market trade | ₹3,028.51 Cr | Seller: Vedanta Limited |
| Mar 2024 | Market trade | ₹10.06 Cr | Buyer: an individual Seller: Seb Fund 3 Seb Pension Fund |
| Sep 2020 | Debt financing | ₹3,520 Cr | Investors: HDFC Bank Limited , Reliance Capital Trustee Co. Ltd-A/C - Reliance Floating Rate Fund-Short Term Plan, Kotak Low Duration Fund, an individual |
| Mar 2019 | Market trade | ₹27.43 Cr | Buyer: Powershares India Portfolio Seller: an individual |
To see the full deal history of Hindustan Zinc Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Hindustan Zinc Limited has 2,858 court cases on record: 1,681 filed by Hindustan Zinc, 1,177 filed against it. 469 cases are pending and 2,389 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2,496 | 934 | 427 |
| District courts | 200 | 140 | 27 |
| Supreme Court | 154 | 100 | 15 |
| NCLT | 5 | 3 | 0 |
| NCLAT | 3 | 0 | 0 |
Cases on record (5 of 2,858)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1601-Direct Taxation : Income Tax Act, 1961, Wealth Tax Act, 1957, Gift Tax Act, 1958, Excess Profits Tax Act, 1940, Business Profit Tax Act, 1947 [other than matters covered by categories 1602-1605]) | Filed by the company against Commissioner of Income Tax | Disposed |
| Supreme Court | Court case (1601-Direct Taxation : Income Tax Act, 1961, Wealth Tax Act, 1957, Gift Tax Act, 1958, Excess Profits Tax Act, 1940, Business Profit Tax Act, 1947 [other than matters covered by categories 1602-1605]) | Filed by the company against Assistant Commissioner of Income Tax Circle 2 | Disposed |
| Supreme Court | Court case (2404-Indirect Taxation : Value Added Tax (VAT), State Sales Tax Act) | Filed against the company by Assistant Commissioner Commercial Taxes Special Circle, Udaipur | Pending |
| Supreme Court | Court case (3002-Land Acquisition and Requisition : Compensation for land acquisition) | Filed against the company by an individual | Pending |
| District court, Udaipur, Rajasthan | Civil miscellaneous application | Filed against the company by R.C.C. Ltd. | Pending |
To see the full case history of Hindustan Zinc Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Hindustan Zinc Limited was last rated by Indiarating on 17 Jan 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 17 Jan 2023 |
To see the full credit ratings and regulatory alerts of Hindustan Zinc Limited, buy the company report.
MSME payment delays
Hindustan Zinc Limited has 13 MSME Form 1 returns on record between 2019 and 2024, listing 2,865 overdue payments to 280 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 280)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Maheshwari Logistic | |||
| Globe International Carriers Limited | |||
| Premier Road Carriers Ltd | |||
| Smit Corporation | |||
| Uni Trade India |
To see the full MSME payment records of Hindustan Zinc Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Hindustan Zinc has 4 subsidiary companies and 1 joint venture. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Hindustan Zinc Fertilisers Private Limited | U24100RJ2022PTC083645 | |
| Hindustan Zinc Alloys Private Limited | U27320RJ2021PTC078200 | |
| Zinc India Foundation | U85300RJ2022NPL083038 | |
| Vedanta Zinc Football & Sports Foundation | U92412RJ2021NPL078767 |
To see the full group structure of Hindustan Zinc Limited, buy the company report.
Employees & EPFO
Hindustan Zinc Limited has a workforce of 5,420 employees on its EPFO records as of Jan 20, 2026, across 1 active EPFO establishment.
GST
Hindustan Zinc has 23 GST registrations: 15 active and 8 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAACH7354K1ZB | Rajasthan | Active | 01 Jul 2017 |
| 08AAACH7354K1DK | Rajasthan | Active | 17 Dec 2024 |
| 08AAACH7354K3Z9 | Rajasthan | Active | 25 Mar 2025 |
| 05AAACH7354K1ZH | Uttarakhand | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Hindustan Zinc Limited, buy the company report.
Recent activity
Hindustan Zinc Limited has 49 board changes on record since 2002: 10 appointments and 39 cessations. The latest: Yogesh Attray was appointed as Additional Director on 14 Aug 2026.
50 earlier events are in the company report.
News
Frequently asked questions
Hindustan Zinc is an active public limited company based in Udaipur, Rajasthan, India. The company works in metal manufacturing and processing, within the metals and minerals industry. It was incorporated on 10 January 1966 (60+ years old) and is registered under CIN L27204RJ1966PLC001208. Listed on BSE: 500188 and NSE: HINDZINC.
Hindustan Zinc reported revenue of ₹40,844 Cr for FY 2025-26 (up 19.8% YoY) based on consolidated financials.
Hindustan Zinc has 10 current directors:
- Amarendu Prakash - Whole-Time Director
- Navin Agarwal - Director
- Priya Agarwal - Director
- Sandeep Vasant Kadam - Nominee Director
- Thomas Mathew Thumpeparambil - Director
- Ashim Kumar Modi - Nominee Director
- Anoop Kumar Mittal - Director
- Vivek Kumar Bajpai - Nominee Director
- Yogesh Attray - Additional Director
- Aruna Sharma - Director
The latest financial statements of Hindustan Zinc on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 29 June 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Hindustan Zinc is 08AAACH7354K1ZB, registered in Rajasthan. The company has 23 GST registrations in all, of which 15 are active and 8 are cancelled or inactive. Other active GSTINs include 08AAACH7354K1DK (Rajasthan), 08AAACH7354K3Z9 (Rajasthan), 05AAACH7354K1ZH (Uttarakhand).
The CIN (Corporate Identification Number) of Hindustan Zinc is L27204RJ1966PLC001208. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Hindustan Zinc is a listed company as per MCA records. Its shares are listed on both BSE (code: 500188) and NSE (symbol: HINDZINC).
Hindustan Zinc has 2,858 court cases on record: 1,681 filed by the company and 1,177 filed against it. 469 are pending. Most are in the high courts.
Hindustan Zinc was incorporated on 10 January 1966, making it 60+ years old. It is registered with the Registrar of Companies, Jaipur.
Hindustan Zinc has 6 deals on record (4 market trades, 1 secondary share transfer, 1 debt financing), with disclosed funding of ₹3,520 Cr; the latest was in June 2025.
Yogesh Attray was appointed as Additional Director on 14 Aug 2026. Amarendu Prakash was appointed as Whole-Time Director on 01 Aug 2026. Aruna Sharma was appointed as Director on 01 May 2026. Hindustan Zinc has 49 board changes on record in total.

