More about Hindustan Zinc Limited
Fundamentals for Hindustan Zinc Limited
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Fundamentals for Hindustan Zinc Limited
Business Operations:
Sector: Basic MaterialsIndustry: Other Industrial Metals & Mining
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, and silver, as well as sulphuric acid; and manufactures metals and related alloys. It also operates captive thermal, wind and solar power, and waste heat recovery boiler power plants. In addition, the company engages in sport activities; and manufactures and sells phosphatic fertilizers. The company was incorporated in 1966 and is based in Udaipur, India. Hindustan Zinc Limited is a subsidiary of Vedanta Limited.
Revenue projections:
Revenues for HINDZINC are expected to drop compared to the previous year, which could be a cause for concern for investors. A decline in earnings may negatively impact the company's profitability, leading cautious investors to reconsider their positions, as it often signals challenges in overall financial health.
Financial Ratios:
| currentRatio | 1.472000 |
|---|---|
| forwardPE | 13.621914 |
| debtToEquity | 39.034000 |
| earningsGrowth | 0.675000 |
| revenueGrowth | 0.408000 |
| grossMargins | 0.813580 |
| operatingMargins | 0.524580 |
| trailingEps | 32.720000 |
| forwardEps | 43.753030 |
A current ratio of 1.472 for HINDZINC implies that the company has ample liquidity to meet its short-term debts. HINDZINC's cash reserves and current assets should easily cover these obligations, highlighting its financial stability and ability to manage short-term liabilities.
Hindustan Zinc Limited's Forward PE is in a favorable range, suggesting the stock is reasonably priced relative to its earnings. This indicates the stock is not overpriced, providing room for potential growth and making it an attractive option for investors looking for solid value and future upside.
HINDZINC's positive earnings and revenue growth signal the company's business is on track for further expansion. These strong financial trends suggest that HINDZINC will continue to grow its operations, driven by increasing profits and revenue.
HINDZINC's positive gross and operating margins indicate that the company is performing profitably. These margins reflect efficient cost control and revenue generation, signaling a strong financial foundation for continued success.
With HINDZINC's forward EPS higher than its trailing EPS, the company is expected to be more profitable in the current financial year. This signals confidence in HINDZINC's growth potential, as improved earnings are forecasted compared to the prior year's performance.
Price projections:
The steady upward revision of Hindustan Zinc Limited's price projections indicates growing confidence in the company's performance. Analysts are becoming increasingly optimistic about Hindustan Zinc Limited's future prospects and potential for growth.
Recommendation changes over time:
Analysts' buy bias toward HINDZINC suggests the stock is seen as a solid investment, potentially motivating investors to consider it for their portfolios. With this positive outlook, HINDZINC is likely to be viewed as a secure place to allocate funds, driving further interest in the stock.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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