Hindustan ZincNSE:HINDZINC -1.64%94 Net Margin % is 39.65% as of Mar. 2026, which is 11% above its 10-year median of 35.73. GuruFocus rates NSE:HINDZINC with a GF Score™ of 94/100 and a GF Value™ of ₹587.12 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 842 Metals & Mining companies, Hindustan Zinc ranks better than 89.07% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Hindustan Zinc's Net Income for the
three
months ended in Mar. 2026 was ₹50,330 Mil. Hindustan Zinc's Revenue for the
three
months ended in Mar. 2026 was ₹126,920 Mil. Therefore, Hindustan Zinc's net margin for the quarter that ended in Mar. 2026 was 39.65%.
The historical rank and industry rank for Hindustan Zinc's Net Margin % or its related term are showing as below:
NSE:HINDZINC'
s Net Margin % Range Over the Past 10 Years
Min: 27.63 Med: 35.73 Max: 48.79
Current: 35.29
NSE:HINDZINC's Net Margin % is ranked better than 89.07% of 842
companies
in the Metals & Mining industry
Industry Median: 3.405
vs NSE:HINDZINC: 35.29
Hindustan Zinc (NSE:HINDZINC) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Hindustan Zinc Net Margin % Related Terms
Hindustan Zinc Net Margin % Historical Data
* Premium members only.
The historical data trend for Hindustan Zinc's Net 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.
For the Other Industrial Metals & Mining subindustry, Hindustan Zinc's Net Margin %, along with its competitors' market caps and Net 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 Net Margin % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Hindustan Zinc's Net Margin % distribution charts can be found below:
* The bar in red indicates where Hindustan Zinc's Net Margin % falls into.
* 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 (NSE:HINDZINC) has a Net Margin % of 39.65% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Hindustan Zinc and its competitors. This is 11% above median its historical median of 35.73. Over the past decade, Hindustan Zinc's Net Margin % has ranged from 27.63 to 48.79. According to the industry distribution chart, Hindustan Zinc ranks #92 out of 842 companies in the Metals & Mining industry, placing it in the top 10.9%.
Is Hindustan Zinc's Net Margin % too high?
Hindustan Zinc's current Net Margin % of 39.65% is 11% above median its 10-year median of 35.73. Over the past 10 years, this metric has ranged from a low of 27.63 to a high of 48.79. The Metals & Mining industry median Net Margin % is 3.41. Hindustan Zinc's value of 39.65% is 1064.5% above this industry median. Based on the distribution chart, Hindustan Zinc ranks #92 out of 842 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 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hindustan Zinc's Net Margin % compare to competitors?
According to the Metals & Mining industry distribution chart, Hindustan Zinc ranks #92 out of 842 companies for Net Margin %. This places Hindustan Zinc in the top 11% of its industry — outperforming the majority of peers. The industry median Net Margin % is 3.41. Hindustan Zinc's value of 39.65% is 1064.5% above this benchmark. Historically, Hindustan Zinc's own Net Margin % has ranged from 27.63 to 48.79 over the past decade. While the company's 10-year median is 35.73 vs. the industry median of 3.41, 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 Net Margin % for a Metals & Mining company?
The median Net Margin % among Metals & Mining companies is 3.41, based on 842 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hindustan Zinc's current Net Margin % of 39.65% is 1064.5% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Hindustan Zinc and its competitors. For the Metals & Mining industry, the median Net Margin % is 3.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hindustan Zinc's current Net Margin % is 39.65%, which is 11% above median its own 10-year median of 35.73. 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 ₹587.12, compared to a current price of ₹524.40 — trading 10.7% below its estimated fair value. The current Net Margin % is 39.65%, which is 11% above median its 10-year median of 35.73 and 1064.5% above the Metals & Mining industry median of 3.41. Hindustan Zinc's overall GF Score™ is 94/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Hindustan Zinc (NSE:HINDZINC), the current Net Margin % is 39.65% 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 ₹524.40 is trading 10.7% below its estimated GF Value™ of ₹587.12.
GuruFocus considers Hindustan Zinc to be Modestly Undervalued.
Key valuation signals for NSE:HINDZINC:
Net Margin %: 39.65% (11% above median its 10-year median of 35.73)
GF Value™: ₹587.12 vs. price of ₹524.40 (10.7% below fair value)
Industry Position: 1064.5% above the Metals & Mining median (#92 of 842)
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 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.
94GF Score
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