Hindustan Zinc (NSE:HINDZINC) Gross Margin %: 75.33% (As of Mar. 2026) — 37% Above Median

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NSE:HINDZINC Hindustan Zinc Ltd NSE:HINDZINC
97 GF Score
Price ₹527.90
GF Value ₹592.70
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Hindustan Zinc Gross Margin %?

Hindustan Zinc NSE:HINDZINC -0.88% 97 Gross Margin % is 75.33% as of Mar. 2026, which is 37% above its 10-year median of 55.16. GuruFocus rates NSE:HINDZINC with a GF Score™ of 97/100 and a GF Value™ of ₹592.70 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 731 Metals & Mining companies, Hindustan Zinc ranks better than 91.24% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Hindustan Zinc's Gross Profit for the three months ended in Mar. 2026 was ₹95,610 Mil. Hindustan Zinc's Revenue for the three months ended in Mar. 2026 was ₹126,920 Mil. Therefore, Hindustan Zinc's Gross Margin % for the quarter that ended in Mar. 2026 was 75.33%.


The historical rank and industry rank for Hindustan Zinc's Gross Margin % or its related term are showing as below:

NSE:HINDZINC' s Gross Margin % Range Over the Past 10 Years
Min: 49.95   Med: 55.16   Max: 71.69
Current: 71.69


During the past 13 years, the highest Gross Margin % of Hindustan Zinc was 71.69%. The lowest was 49.95%. And the median was 55.16%.

NSE:HINDZINC's Gross Margin % is ranked better than
91.24% of 731 companies
in the Metals & Mining industry
Industry Median: 26.2 vs NSE:HINDZINC: 71.69

Hindustan Zinc had a gross margin of 75.33% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Hindustan Zinc was 0.70% per year.


Hindustan Zinc  (NSE:HINDZINC) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Hindustan Zinc had a gross margin of 75.33% for the quarter that ended in Mar. 2026 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Hindustan Zinc Gross Margin % Related Terms


Hindustan Zinc Gross Margin % Historical Data

* Premium members only.

The historical data trend for Hindustan Zinc's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Hindustan Zinc Gross Margin % Chart

Hindustan Zinc Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 55.98 53.17 49.95 54.42 57.14

Hindustan Zinc Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 70.65 67.83 69.87 71.51 75.33

Hindustan Zinc Gross Margin % Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Hindustan Zinc's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hindustan Zinc Gross Margin % vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Hindustan Zinc's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Hindustan Zinc's Gross Margin % falls into.


NSE:HINDZINC
97GF Score
Hindustan Zinc Ltd NSE:HINDZINC
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Hindustan Zinc Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Hindustan Zinc's Gross Margin for the fiscal year that ended in Mar. 2026 is calculated as

Gross Margin % (A: Mar. 2026 )=Gross Profit (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=223930 / 391920
=(Revenue - Cost of Goods Sold) / Revenue
=(391920 - 167990) / 391920
=57.14 %

Hindustan Zinc's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=95610 / 126920
=(Revenue - Cost of Goods Sold) / Revenue
=(126920 - 31310) / 126920
=75.33 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 75.33% mean?
Hindustan Zinc (NSE:HINDZINC) has a Gross Margin % of 75.33% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Hindustan Zinc and its competitors. This is 37% above median its historical median of 55.16. Over the past decade, Hindustan Zinc's Gross Margin % has ranged from 49.95 to 71.69. According to the industry distribution chart, Hindustan Zinc ranks #64 out of 731 companies in the Metals & Mining industry, placing it in the top 8.8%.
Is Hindustan Zinc's Gross Margin % too high?
Hindustan Zinc's current Gross Margin % of 75.33% is 37% above median its 10-year median of 55.16. Over the past 10 years, this metric has ranged from a low of 49.95 to a high of 71.69. The Metals & Mining industry median Gross Margin % is 26.20. Hindustan Zinc's value of 75.33% is 187.5% above this industry median. Based on the distribution chart, Hindustan Zinc ranks #64 out of 731 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Hindustan Zinc has a GF Score™ of 97/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hindustan Zinc's Gross Margin % compare to competitors?
According to the Metals & Mining industry distribution chart, Hindustan Zinc ranks #64 out of 731 companies for Gross Margin %. This places Hindustan Zinc in the top 9% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 26.20. Hindustan Zinc's value of 75.33% is 187.5% above this benchmark. Historically, Hindustan Zinc's own Gross Margin % has ranged from 49.95 to 71.69 over the past decade. While the company's 10-year median is 55.16 vs. the industry median of 26.20, Hindustan Zinc has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Metals & Mining company?
The median Gross Margin % among Metals & Mining companies is 26.20, based on 731 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hindustan Zinc's current Gross Margin % of 75.33% is 187.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Hindustan Zinc and its competitors. For the Metals & Mining industry, the median Gross Margin % is 26.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hindustan Zinc's current Gross Margin % is 75.33%, which is 37% above median its own 10-year median of 55.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hindustan Zinc stock overvalued right now?
Based on GuruFocus' analysis, Hindustan Zinc (NSE:HINDZINC) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹592.70, compared to a current price of ₹527.90 — trading 10.9% below its estimated fair value. The current Gross Margin % is 75.33%, which is 37% above median its 10-year median of 55.16 and 187.5% above the Metals & Mining industry median of 26.20. Hindustan Zinc's overall GF Score™ is 97/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Hindustan Zinc (NSE:HINDZINC), the current Gross Margin % is 75.33% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Hindustan Zinc (NSE:HINDZINC) Overvalued in 2026?

Based on GuruFocus' analysis, Hindustan Zinc stock appears to be undervalued. The current stock price of ₹527.90 is trading 10.9% below its estimated GF Value™ of ₹592.70. GuruFocus considers Hindustan Zinc to be Modestly Undervalued.

Key valuation signals for NSE:HINDZINC:

  • Gross Margin %: 75.33% (37% above median its 10-year median of 55.16)
  • GF Value™: ₹592.70 vs. price of ₹527.90 (10.9% below fair value)
  • GF Score™: 97/100 with 1 warning sign
  • Industry Position: 187.5% above the Metals & Mining median (#64 of 731)

No single metric tells the full story. See the NSE:HINDZINC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hindustan Zinc Business Description

Other Exchanges 500188:India
Address Yashad Bhavan, Udaipur, RJ, IND, 313004
Hindustan Zinc Ltd is engaged in exploring, extracting, and processing minerals. Its operations include five zinc-lead mines, four zinc smelters, one lead smelter, one zinc-lead smelter, eight sulphuric acid plants, one silver refinery plant, six captive thermal power plants, and four captive solar plants in Rajasthan. The Company also has a rock-phosphate mine in Matoon near Udaipur, Rajasthan, and zinc, lead, and silver processing and refining facilities in Uttarakhand. The Group produces zinc, lead, silver, commercial power, and alloys. The Group operates through two reportable segments: Zinc, Lead, Silver & Others, which generates the maximum revenue, and Wind Energy. The company generates the maximum revenue from India.
97GF Score

Get the complete analysis for NSE:HINDZINC

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹527.90
Price
₹592.70
GF Value