Financials Hindustan Zinc Limited

Equities

HINDZINC

INE267A01025

Diversified Mining

Market Closed - Bombay S.E. 11:55:51 2024-05-28 pm EDT 5-day change 1st Jan Change
720.4 INR +0.66% Intraday chart for Hindustan Zinc Limited -6.87% +126.31%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 1,167,878 655,558 1,152,667 1,308,581 1,239,709 3,023,638 - -
Enterprise Value (EV) 1 998,108 439,138 993,617 1,128,531 1,248,779 1,223,789 3,040,812 2,983,137
P/E ratio 14.7 x 9.63 x 14.4 x 13.6 x 11.8 x 15.9 x 29.4 x 27.2 x
Yield 7.24% 10.6% 7.81% 5.81% 25.7% 2.79% 2.91% 3.08%
Capitalization / Revenue 5.53 x 3.53 x 5.09 x 4.44 x 3.64 x 4.27 x 9.05 x 8.63 x
EV / Revenue 4.73 x 2.37 x 4.39 x 3.83 x 3.66 x 4.23 x 9.1 x 8.51 x
EV / EBITDA 9.35 x 4.96 x 8.46 x 6.96 x 7.13 x 8.96 x 17.7 x 16.2 x
EV / FCF 18.5 x 14.7 x 12.3 x 11.6 x 10.7 x 12.5 x 30.1 x 26.6 x
FCF Yield 5.39% 6.8% 8.14% 8.59% 9.35% 8.01% 3.32% 3.76%
Price to Book 3.48 x 1.63 x 3.57 x 3.82 x 9.58 x 22.3 x 18 x 16.3 x
Nbr of stocks (in thousands) 4,225,319 4,225,319 4,225,319 4,225,319 4,225,319 4,225,319 - -
Reference price 2 276.4 155.2 272.8 309.7 293.4 715.6 715.6 715.6
Announcement Date 5/2/19 5/21/20 4/27/21 4/22/22 4/21/23 4/19/24 - -
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 211,180 185,610 226,290 294,400 340,980 289,340 334,224 350,493
EBITDA 1 106,700 88,490 117,390 162,260 175,120 136,610 171,516 184,326
EBIT 1 87,870 65,700 91,410 133,090 142,480 101,950 134,405 148,219
Operating Margin 41.61% 35.4% 40.4% 45.21% 41.79% 35.24% 40.21% 42.29%
Earnings before Tax (EBT) 1 104,560 83,900 105,740 141,010 152,970 103,430 138,799 149,419
Net income 1 79,560 68,050 79,800 96,300 105,200 77,870 102,416 109,904
Net margin 37.67% 36.66% 35.26% 32.71% 30.85% 26.91% 30.64% 31.36%
EPS 2 18.83 16.11 18.89 22.79 24.90 18.43 24.31 26.30
Free Cash Flow 1 53,810 29,840 80,860 96,930 116,760 98,040 100,997 112,245
FCF margin 25.48% 16.08% 35.73% 32.92% 34.24% 33.88% 30.22% 32.02%
FCF Conversion (EBITDA) 50.43% 33.72% 68.88% 59.74% 66.67% 71.77% 58.88% 60.89%
FCF Conversion (Net income) 67.63% 43.85% 101.33% 100.65% 110.99% 125.9% 98.61% 102.13%
Dividend per Share 2 20.00 16.50 21.30 18.00 75.50 20.00 20.85 22.01
Announcement Date 5/2/19 5/21/20 4/27/21 4/22/22 4/21/23 4/19/24 - -
1INR in Million2INR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 60,330 69,470 65,310 61,220 79,900 87,970 93,870 83,360 78,660 85,090 72,820 67,016 73,296 74,930
EBITDA 1 33,140 38,750 35,580 33,350 43,700 49,630 51,380 44,080 37,070 42,590 33,480 30,280 34,055 35,149
EBIT 1 26,750 31,790 29,000 26,330 36,290 41,470 44,070 - 29,000 - 25,470 22,116 25,716 26,223
Operating Margin 44.34% 45.76% 44.4% 43.01% 45.42% 47.14% 46.95% - 36.87% - 34.98% 33% 35.09% 35%
Earnings before Tax (EBT) 1 29,450 33,430 30,230 28,620 38,580 43,580 46,730 39,260 31,870 35,110 26,160 23,458 24,675 26,489
Net income 1 22,000 24,810 19,830 20,170 27,010 29,290 30,930 26,810 21,570 25,890 19,700 16,712 18,922 19,696
Net margin 36.47% 35.71% 30.36% 32.95% 33.8% 33.3% 32.95% 32.16% 27.42% 30.43% 27.05% 24.94% 25.82% 26.29%
EPS 2 - 5.870 4.690 4.770 6.390 6.930 7.320 6.350 5.100 6.130 4.660 3.900 4.667 4.750
Dividend per Share - - - - - - - - - - - - - -
Announcement Date 1/20/21 4/27/21 7/22/21 10/22/21 1/21/22 4/22/22 7/21/22 10/21/22 1/19/23 4/21/23 7/21/23 - - -
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - 9,070 - 17,174 -
Net Cash position 1 169,770 216,420 159,050 180,050 - 11,060 - 40,501
Leverage (Debt/EBITDA) - - - - 0.0518 x - 0.1001 x -
Free Cash Flow 1 53,810 29,840 80,860 96,930 116,760 98,040 100,997 112,245
ROE (net income / shareholders' equity) 22.9% 18.4% 22% 28.9% 44.6% 55.4% 62.5% 61.4%
ROA (Net income/ Total Assets) 18.6% 15.2% 17.2% 21.3% 26.3% 22.5% 32.4% 37.3%
Assets 1 426,950 447,168 463,510 451,990 400,625 346,810 316,098 294,650
Book Value Per Share 2 79.50 95.40 76.50 81.10 30.60 32.10 39.70 43.90
Cash Flow per Share 2 20.80 15.70 25.00 30.00 35.80 26.60 29.60 33.50
Capex 1 34,000 36,370 24,810 29,980 34,570 35,390 37,761 37,229
Capex / Sales 16.1% 19.59% 10.96% 10.18% 10.14% 12.23% 11.3% 10.62%
Announcement Date 5/2/19 5/21/20 4/27/21 4/22/22 4/21/23 4/19/24 - -
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

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