by Hindustan Zinc’s Share Value: A 25-Year Price Target Forecast (2025-2050) : Vedanta Hindustan Zinc, India and the world’s second-largest zinc and lead miner is of interest to investors for various reasons as an international zinc player, including share price objectives over 2024-2050 that take into account market conditions.
Hindustan Zinc Limited Overview
HZL is one of the world’s largest integrated zinc-lead producers by volume, operating one of the world’s most extensive zinc-lead-silver mines in Rampura Agucha in Rajasthan India.
HZL produces zinc, lead and silver products used across several industries including construction, infrastructure, automotive and electronics. Most of its operations are located in Rajasthan but it also boasts zinc-lead smelters in Chanderiya (Rajasthan) and Pantnagar (Uttarakhand).
Company Overview
| Category | Details |
|---|---|
| Founded | 1966 |
| Headquarters | Udaipur, Rajasthan, India |
| Market Capitalization | Approximately ₹2,15,132 Crores |
| Current Share Price | ₹509 |
| Industry | Mining and Metals |
Recent Graph of Hindustan Zinc’s Share
Market Overview
| Parameter | Value |
|---|---|
| Open | 440.00 |
| Previous Close | 433.20 |
| Volume | 1,683,342 |
| Value (Lacs) | 7,378.09 |
| VWAP | 436.24 |
| Beta | 0.93 |
| Mkt Cap (Rs. Cr.) | 185,195 |
| High | 444.95 |
| Low | 430.00 |
| UC Limit | 519.80 |
| LC Limit | 346.60 |
| 52 Week High | 807.70 |
| 52 Week Low | 284.60 |
| Face Value | 2 |
| All Time High | 807.70 |
| All Time Low | 0.58 |
| 20D Avg Volume | 5,699,481 |
| 20D Avg Delivery (%) | 9.8 |
| Book Value Per Share | 18.03 |
| Dividend Yield (%) | 2.97 |
See More : Havells Share Price Target 2025 to 2030
Business Model of Hindustan Zinc
Hindustan Zinc Limited’s (HZL) business model revolves around mining, refining, and selling zinc, lead, and silver products. Here are its core elements:
Mining Operations: HZL operates five mines in Rajasthan, India that specialize in extracting zinc, lead and silver ores using various mining techniques including open pit mining, underground mining and mechanized mining to extract these minerals.
Refining and Processing: Once extracted ores have been processed at the company’s facilities, they undergo further refinement via various steps including beneficiation, roasting and smelting to produce refined zinc, lead and silver products.
Sales and Distribution: HZL sells its products both domestically and internationally through its dedicated marketing team, catering to various industries like construction, automotive, infrastructure and electronics.
Sustainability and Community Development: HZL Mining is committed to sustainable mining practices and has implemented various initiatives to reduce its environmental impact. Furthermore, the company offers several community development programs in areas where they operate which focus on education, healthcare and livelihood generation.
Cost Optimization and Efficiency: HZL’s business model emphasizes cost optimization and efficiency to improve profitability. They employ various strategies such as process improvements, automation and procurement efficiencies in order to do this effectively.
Hindustan Zinc Share Price Target 2025
Hindustan Zinc, an integrated producer of zinc, lead and silver products may experience share price growth by 2025 as its market position strengthens, its financial success increases steadily and its commitment to sustainable mining increases. Demand from infrastructure and automotive sectors could drive expansion for Hindustan Zinc’s production and profitability – as its operational efficiency improvements increase output and profits for 2025 our analysis indicates its target stock price could hit Rs1000!
Based on our forecast and analysis, its stock price would likely range between Rs310 to Rs1000.
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 310 | 680 |
| February | 389 | 710 |
| March | 433 | 740 |
| April | 515 | 760 |
| May | 548 | 775 |
| June | 569 | 785 |
| July | 587 | 810 |
| August | 625 | 815 |
| September | 658 | 855 |
| October | 765 | 877 |
| November | 835 | 965 |
| December | 945 | 1000 |
Hindustan Zinc Share Price Target 2026
Hindustan Zinc should maintain its market position by 2026 as India’s and the world’s second-largest integrated zinc producer, thanks to their emphasis on efficiency, sustainable mining methods and expansion. Demand should remain robust among infrastructure and automotive markets alike while metal price variations and mining regulatory changes could impact share values; our analysis indicates this target price of Rs1360 as being achievable over this time frame.
By our estimation, its stock price would fall within our predicted range of Rs943-1365.
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 943 | 1040 |
| February | 965 | 1057 |
| March | 985 | 1125 |
| April | 992 | 1157 |
| May | 1025 | 1170 |
| June | 1055 | 1185 |
| July | 1179 | 1215 |
| August | 1195 | 1235 |
| September | 1215 | 1255 |
| October | 1235 | 1289 |
| November | 1256 | 1329 |
| December | 1315 | 1365 |
Hindustan Zinc Share Price Target 2027
Due to their strong position in the zinc market, this company should experience continued expansion. They have improved efficiency and implemented sustainable practices which should help increase profitability; the global demand for zinc in industries like infrastructure, automotive and renewable energy should further bolster revenue streams of this business – according to our analysis its stock price target would reach Rs1670 by 2027.
According to our calculations, its stock price would range between Rs1315 and Rs1670 in 2027.
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 1315 | 1385 |
| February | 1235 | 1315 |
| March | 1157 | 1267 |
| April | 1097 | 1247 |
| May | 1008 | 1285 |
| June | 1187 | 1325 |
| July | 1239 | 1365 |
| August | 1259 | 1387 |
| September | 1280 | 1430 |
| October | 1330 | 1455 |
| November | 1410 | 1590 |
| December | 1578 | 1670 |
Hindustan Zinc Share Price Target 2028
At Zinc One Ltd., their emphasis lies on increasing zinc production while simultaneously decreasing environmental impacts that will serve them well in future. Rising demand in India and China drives their expansion. They invest in green energy projects as well as sustainable mining to enhance efficiency while simultaneously reduce their carbon footprint – the stock price target by 2028 would be Rs2065 as per our analysis.
According to our forecasts, its stock price in 2028 could range anywhere between Rs1320 and Rs2065.
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 1578 | 1688 |
| February | 1500 | 1620 |
| March | 1445 | 1558 |
| April | 1320 | 1460 |
| May | 1400 | 1489 |
| June | 1470 | 1520 |
| July | 1490 | 1538 |
| August | 1500 | 1660 |
| September | 1590 | 1780 |
| October | 1650 | 1860 |
| November | 1840 | 2000 |
| December | 1990 | 2065 |
Hindustan Zinc Share Price Target 2029
As one of the two-largest zinc producers worldwide, it stands to reap significant future growth benefits from rising demand in infrastructure, automotive and renewable energy applications. Investors seeking steady dividend payments might consider it an appealing long-term investment choice; our prediction in 2029 puts its stock price target at Rs2320.
According to our analysis, its stock price should range between Rs1600 and Rs2320 by 2029.
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 1990 | 2080 |
| February | 1800 | 1930 |
| March | 1760 | 1870 |
| April | 1600 | 1820 |
| May | 1670 | 1865 |
| June | 1690 | 1890 |
| July | 1760 | 1930 |
| August | 1860 | 2065 |
| September | 1967 | 2090 |
| October | 2010 | 2180 |
| November | 2140 | 2300 |
| December | 2280 | 2320 |
Hindustan Zinc Share Price Target 2030
Hindustan Zinc may become one of the global zinc leaders by 2030 due to their market position, operating efficiency, and sustainable mining investments that should bring long-term wealth creation. Zinc demand from infrastructure projects as well as renewable energy projects is expected to bring success; metal price volatility, regulatory changes and global economic circumstances could affect share performance negatively affecting its share performance which means our predicted target stock price for Hindustan Zinc by 2030 should reach Rs2650 according to our prediction.
As per our analysis, its stock price in 2029 could range between Rs1900 to Rs2650.
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 2280 | 2339 |
| February | 2100 | 2250 |
| March | 2056 | 2210 |
| April | 1900 | 2180 |
| May | 1980 | 2210 |
| June | 2050 | 2260 |
| July | 2110 | 2330 |
| August | 2180 | 2451 |
| September | 2245 | 2480 |
| October | 2318 | 2540 |
| November | 2380 | 2610 |
| December | 2590 | 2650 |
Hindustan Zinc Share Price Target 2040
Hindustan Zinc, one of the leading zinc, lead, and silver producers is expected to experience exponential growth by 2040, thanks to strong foundations, steady development plans, and emphasis on sustainable mining. Over time, its solid foundations, consistent development plans, and commitment to environmental responsibility should drive its expansion and ensure sustainable mining continues for years. With rising zinc demand across infrastructure projects, renewable energy projects, automotive production lines etc…, our 2040 stock price prediction stands at Rs5200 as seen on our graph below.
According to our estimates, their stock price could fall within the range of Rs4500-5200 in 2040.
| Month | Minimum Price (₹) | Maximum Price (₹) |
| January | 4500 | 4500 |
| February | 4564 | 4564 |
| March | 4627 | 4627 |
| April | 4691 | 4691 |
| May | 4755 | 4755 |
| June | 4818 | 4818 |
| July | 4882 | 4882 |
| August | 4945 | 4945 |
| September | 5009 | 5009 |
| October | 5073 | 5073 |
| November | 5136 | 5136 |
| December | 5200 | 5200 |
Hindustan Zinc Share Price Target 2050
Hindustan Zinc, one of the world’s top zinc, lead, and silver producers is expected to expand by 2050 thanks to their long-term strategy, sustainability goals, technology innovations and operational efficiency initiatives. Our prediction suggests its stock price target in 2050 should reach Rs8200 as per historical patterns of expansion ambitions as well as zinc demand from renewable energy, infrastructure projects and electric cars – so our target stock price estimate of Rs8200 might come true by then!
According to our analysis, in 2050 its stock prices will range between Rs7500 and Rs8200.
| Month | Minimum Price (₹) | Maximum Price (₹) |
| January | 7,500 | 7,558 |
| February | 7,558 | 7,616 |
| March | 7,616 | 7,674 |
| April | 7,674 | 7,732 |
| May | 7,732 | 7,790 |
| June | 7,790 | 7,848 |
| July | 7,848 | 7,906 |
| August | 7,906 | 7,964 |
| September | 7,964 | 8,022 |
| October | 8,022 | 8,080 |
| November | 8,080 | 8,138 |
| December | 8,138 | 8,200 |
Shareholding of Hindustan Zinc Limited
| Category | Dec 2024 |
|---|---|
| Promoters | 63.42% |
| FIIs | 1.38% |
| DIIs | 4.12% |
| Government | 27.92% |
| Public | 3.16% |
| No. of Shareholders | 6,94,430 |
Pros and Cons of Hindustan Zinc
Three Years Return On Equity (3YROE 39.2%). Company has maintained an annual dividend payout rate of 151% over time.
Stock is trading at 24.2 times its book value; promoter holdings have decreased over the last quarter by 1.52%; sales growth over five years has been poor at only 6.50% and 93.5% of promoter holdings are pledged by promoters.
Peer comparison
- Hindustan Zinc
- Hindustan Copper
- Gravita India
- Shivalik Bimetal
- Prec. Wires (I)
- Ram Ratna Wires
- Pondy Oxides
Quarterly Results
| Category | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 |
|---|---|---|---|---|
| Sales + | 7,550 | 8,130 | 8,242 | 8,556 |
| Expenses + | 3,896 | 4,179 | 4,138 | 4,098 |
| Operating Profit | 3,654 | 3,951 | 4,104 | 4,458 |
| OPM % | 48% | 49% | 50% | 52% |
| Other Income + | 280 | 277 | 185 | 221 |
| Interest | 262 | 256 | 319 | 285 |
| Depreciation | 936 | 843 | 875 | 903 |
| Profit before tax | 2,736 | 3,129 | 3,095 | 3,491 |
| Tax % | 25% | 25% | 26% | 24% |
| Net Profit + | 2,042 | 2,358 | 2,298 | 2,647 |
| EPS in Rs | 4.83 | 5.58 | 5.44 | 6.26 |
Sales: Sales for the company had shown an upward trend from Rs7,550 Crore in March 2024 to Rs8,556 Crore by December 2024.
Expenses: Expenses were relatively stable during 2024, with expenses dropping slightly from Rs3,896 Crore in March 2024 to Rs4,098 Crore by December.
Operating Profit: Operating profit saw an increase, reflecting an improvement in operational efficiency, from Rs3,654 Crore in March 2024 to Rs4,458 Crore by December 2024.
Operating Profit Margin (OPM): OPM saw significant improvement, reaching 52% by December 2024 versus 48% as measured in March.
Other Income: Other income dipped significantly in September 2024 (Rs185 Crore), before rebounding to Rs221 Crore by December 2024.
Interest & Depreciation: Interest and depreciation expenses displayed minor fluctuations; peaking at Rs319 Crore in September 2024 while depreciation hovered near Rs900 Crore during the last quarter.
Profit Before Tax (PBT): PBT showed steady improvement, increasing from Rs2,736 Crore in March 2024 to Rs3,491 Crore by December 2024.
Tax & Net Profit: While tax percentages slightly varied, net profit was up significantly from Rs2,042 Crore in March 2024 to Rs2,647 Crore by December 2024.
Earnings Per Share (EPS): EPS improved substantially throughout the year, reaching Rs6.26 in December 2024 from Rs4.83 in March 2024.1
Profit & Loss
| Category | Mar 2022 | Mar 2023 | Mar 2024 | TTM |
|---|---|---|---|---|
| Sales + | 29,440 | 34,098 | 28,934 | 32,478 |
| Expenses + | 13,214 | 16,577 | 15,253 | 16,311 |
| Operating Profit | 16,226 | 17,521 | 13,681 | 16,167 |
| OPM % | 55% | 51% | 47% | 50% |
| Other Income + | 1,082 | 1,373 | 1,083 | 963 |
| Interest | 290 | 333 | 955 | 1,122 |
| Depreciation | 2,917 | 3,264 | 3,466 | 3,557 |
| Profit before tax | 14,101 | 15,297 | 10,343 | 12,451 |
| Tax % | 32% | 31% | 25% | — |
| Net Profit + | 9,630 | 10,520 | 7,787 | 9,345 |
| EPS in Rs | 22.79 | 24.90 | 18.43 | 22.11 |
| Dividend Payout % | 79% | 303% | 71% | — |
Sales: Sales increased from Rs29,440 Crore in March 2022 to Rs34,098 Crore in March 2023 before seeing a decline to Rs28,934 Crore by March 2024 – total TTM sales stood at Rs32,478 Crore.
Expenses: Expenses also saw significant growth, increasing from Rs13,214 Crore in Mar 2022 to Rs16,577 Crore in Mar 2023 and then to Rs15,253 Crore by Mar 2024 for TTM expenses totalling Rs16,311 Crore.
Operating Profit: Operating profit has declined from Rs16,226 Crore in March 2022 to Rs13,681 Crore by March 2024; TTM operating profit stood at Rs16,167 Crore.
Operating Profit Margin (OPM): Operating margin declined from 55% in March 2022 to 47% by March 2024, with TTM OPM staying constant at 50%.
Other Income: Other income varied throughout, reaching its peak of Rs1,373 Crore in March 2023 before falling back down to Rs1,083 Crore by March 2024; overall TTM other income stood at Rs963 Crore.
Interest Expense: Interest expense increased significantly between March 2022 and 2024, reaching Rs955 Crore and total TTM interest at Rs1,122 Crore.
Depreciation: Depreciation increased year over year from Rs2,917 Crore in March 2022 to Rs3,466 Crore by March 2024 with annualized depreciation coming to an all-time-high of Rs3,557 Crore.
Profit Before Tax (PBT): PBT rose from Rs14,101 Crore in Mar 2022 to Rs15,297 Crore in Mar 2023 before declining back down to Rs10,343 Crore by Mar 2024; TTM PBT stood at Rs12,451 Crore.
Tax Rate: The tax rate has continued to decrease gradually from 32% in March 2022 to 25% by March 2024.
Net Profit: Net profit increased from Rs9,630 Crore in March 2022 to Rs10,520 Crore by March 2023; however, in Mar 2024 this number dropped back down to Rs7,787 Crore. Total TTM net profit reached Rs9,345 Crore.
Earnings Per Share (EPS): In Mar 2022, earnings per share increased from Rs22.79 to Rs24.90 before decreasing again in Mar 2024 to reach an all-time average EPS level of Rs22.11.
Dividend Payout: Dividend payout rose sharply to 303% in March 2023 before gradually declining back down to 71% by March 2024.
Balance Sheet
| Category | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 |
|---|---|---|---|---|
| Equity Capital | 845 | 845 | 845 | 845 |
| Reserves | 33,437 | 12,097 | 14,388 | 6,797 |
| Borrowings + | 2,844 | 11,881 | 8,722 | 14,016 |
| Other Liabilities + | 7,545 | 10,631 | 9,949 | 10,878 |
| Total Liabilities | 44,671 | 35,454 | 33,904 | 32,536 |
| Fixed Assets + | 17,396 | 17,620 | 18,055 | 17,657 |
| CWIP | 2,075 | 2,107 | 1,529 | 2,567 |
| Investments | 15,052 | 10,107 | 10,452 | 8,437 |
| Other Assets + | 10,148 | 5,620 | 3,868 | 3,875 |
| Total Assets | 44,671 | 35,454 | 33,904 | 32,536 |
Points to be considered before investing in Hindustan Zinc Ltd
Before investing, take note and carefully assess all risk factors involved. Even after an investment, keep these in mind to minimize potential future difficulties. With guidance from an advisor or broker, determine the amount to invest; its amount should then easily adapt as market changes occur.
Stock prices can change at any moment; therefore it is imperative that an eye be kept on share prices regularly and the financials of a company monitored and the trends regarding profits and dividends observed.
Note the taxes to be payable when trading shares and pay attention to previous years trends.
Conclusion:
Hindustan Zinc Ltd has long been listed on stock exchanges. Over time its share prices have been increasing as has its performance; ultimately enhancing over time. Increases in profitability can offset decreases in share prices. Demand for shares tends to outweigh supply; as a result, most shares subscribed are taken up and more capital received for investment purposes by the company. Companys are building up an excellent reputation which helps them sell off stocks quickly and generate sufficient profits that can be put towards various uses. With their stable standing on stock exchanges and increasing share demand leading to potential earnings opportunities in future as well, this business continues to prosper well into its second decade of operation.
