Hindustan Zinc (NSE:HINDZINC) Interest Coverage: 35.60 (As of Mar. 2026) — 20% Below Median


NSE:HINDZINC Hindustan Zinc Ltd NSE:HINDZINC
96 GF Score
Price ₹536.95
GF Value ₹591.63
Valuation Fairly Valued
! 1 Warning Sign
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What is Hindustan Zinc Interest Coverage?

Hindustan Zinc NSE:HINDZINC +1.60% 96 Interest Coverage is 35.60 as of Mar. 2026, which is 20% below its 10-year median of 44.63. GuruFocus rates NSE:HINDZINC with a GF Score™ of 96/100 and a GF Value™ of ₹591.63 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,315 Metals & Mining companies, Hindustan Zinc ranks worse than 73.99% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Hindustan Zinc's Operating Income for the three months ended in Mar. 2026 was ₹66,580 Mil. Hindustan Zinc's Interest Expense for the three months ended in Mar. 2026 was ₹-1,870 Mil. Hindustan Zinc's interest coverage for the quarter that ended in Mar. 2026 was 35.60. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Hindustan Zinc's Interest Coverage or its related term are showing as below:

NSE:HINDZINC' s Interest Coverage Range Over the Past 10 Years
Min: 11.74   Med: 44.63   Max: 110.46
Current: 20.74


NSE:HINDZINC's Interest Coverage is ranked worse than
73.99% of 1315 companies
in the Metals & Mining industry
Industry Median: No Debt vs NSE:HINDZINC: 20.74

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Hindustan Zinc  (NSE:HINDZINC) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Hindustan Zinc Interest Coverage Related Terms


Hindustan Zinc Interest Coverage Historical Data

* Premium members only.

The historical data trend for Hindustan Zinc's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Hindustan Zinc Interest Coverage Chart

Hindustan Zinc Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 50.83 50.61 11.74 14.28 24.27

Hindustan Zinc Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage 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 15.16 12.28 13.76 26.19 35.60

Hindustan Zinc Interest Coverage Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Hindustan Zinc's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Metals & Mining Industry

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

* The bar in red indicates where Hindustan Zinc's Interest Coverage falls into.


NSE:HINDZINC
96GF Score
Hindustan Zinc Ltd NSE:HINDZINC
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hindustan Zinc Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

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

Here, for the fiscal year that ended in Mar. 2026, Hindustan Zinc's Interest Expense was ₹-7,620 Mil. Its Operating Income was ₹184,950 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹49,060 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*184950/-7620
=24.27

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

Here, for the three months ended in Mar. 2026, Hindustan Zinc's Interest Expense was ₹-1,870 Mil. Its Operating Income was ₹66,580 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹49,060 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*66580/-1870
=35.60

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 35.60 mean?
Hindustan Zinc (NSE:HINDZINC) has a Interest Coverage of 35.60 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Hindustan Zinc and its competitors. This is 20% below median its historical median of 44.63. Over the past decade, Hindustan Zinc's Interest Coverage has ranged from 11.74 to 110.46. According to the industry distribution chart, Hindustan Zinc ranks #973 out of 1315 companies in the Metals & Mining industry, placing it in the top 74%.
Is Hindustan Zinc's Interest Coverage too high?
Hindustan Zinc's current Interest Coverage of 35.60 is 20% below median its 10-year median of 44.63. Over the past 10 years, this metric has ranged from a low of 11.74 to a high of 110.46. The Metals & Mining industry median Interest Coverage is 10,000.00. Hindustan Zinc's value of 35.60 is 99.6% below this industry median. Based on the distribution chart, Hindustan Zinc ranks #973 out of 1315 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Hindustan Zinc has a GF Score™ of 96/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hindustan Zinc's Interest Coverage compare to competitors?
According to the Metals & Mining industry distribution chart, Hindustan Zinc ranks #973 out of 1315 companies for Interest Coverage. This places Hindustan Zinc in the lower half of its industry. The industry median Interest Coverage is 10,000.00. Hindustan Zinc's value of 35.60 is 99.6% below this benchmark. Historically, Hindustan Zinc's own Interest Coverage has ranged from 11.74 to 110.46 over the past decade. While the company's 10-year median is 44.63 vs. the industry median of 10,000.00, Hindustan Zinc has consistently been below 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 Interest Coverage for a Metals & Mining company?
The median Interest Coverage among Metals & Mining companies is 10,000.00, based on 1,315 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hindustan Zinc's current Interest Coverage of 35.60 is 99.6% below 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Hindustan Zinc and its competitors. For the Metals & Mining industry, the median Interest Coverage is 10,000.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hindustan Zinc's current Interest Coverage is 35.60, which is 20% below median its own 10-year median of 44.63. 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 Fairly Valued. The stock's GF Value™ is ₹591.63, compared to a current price of ₹536.95 — trading 9.2% below its estimated fair value. The current Interest Coverage is 35.60, which is 20% below median its 10-year median of 44.63 and 99.6% below the Metals & Mining industry median of 10,000.00. Hindustan Zinc's overall GF Score™ is 96/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Hindustan Zinc (NSE:HINDZINC), the current Interest Coverage is 35.60 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 ₹536.95 is trading 9.2% below its estimated GF Value™ of ₹591.63. GuruFocus considers Hindustan Zinc to be Fairly Valued.

Key valuation signals for NSE:HINDZINC:

  • Interest Coverage: 35.60 (20% below median its 10-year median of 44.63)
  • GF Value™: ₹591.63 vs. price of ₹536.95 (9.2% below fair value)
  • GF Score™: 96/100 with 1 warning sign
  • Industry Position: 99.6% below the Metals & Mining median (#973 of 1315)

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.
96GF Score

Get the complete analysis for NSE:HINDZINC

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

₹536.95
Price
₹591.63
GF Value