Hindustan Zinc (NSE:HINDZINC) ROCE %: 89.25% (As of Mar. 2026)


NSE:HINDZINC Hindustan Zinc Ltd NSE:HINDZINC
94 GF Score
Price ₹536.55
GF Value ₹587.99
Valuation Fairly Valued
! 1 Warning Sign
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What is Hindustan Zinc ROCE %?

Hindustan Zinc NSE:HINDZINC +1.48% 94 ROCE % is 89.25% as of Mar. 2026. GuruFocus rates NSE:HINDZINC with a GF Score™ of 94/100 and a GF Value™ of ₹587.99 (Fairly Valued). The stock has 1 warning sign investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Hindustan Zinc's annualized ROCE % for the quarter that ended in Mar. 2026 was 89.25%.

Hindustan Zinc  (NSE:HINDZINC) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Hindustan Zinc ROCE % Related Terms

Hindustan Zinc ROCE % Historical Data

* Premium members only.

The historical data trend for Hindustan Zinc's ROCE % 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 ROCE % Chart

Hindustan Zinc Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.59 55.04 54.50 62.72 70.86

Hindustan Zinc Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % 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 69.26 55.39 67.76 96.71 89.25
NSE:HINDZINC
94GF Score
Hindustan Zinc Ltd NSE:HINDZINC
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Hindustan Zinc ROCE % Calculation

Hindustan Zinc's annualized ROCE % for the fiscal year that ended in Mar. 2026 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=192700/( ( (344900 - 111990) + (423700 - 112740) )/ 2 )
=192700/( (232910+310960)/ 2 )
=192700/271935
=70.86 %

Hindustan Zinc's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=277520/( ( (0 - 0) + (423700 - 112740) )/ 1 )
=277520/( ( 0 + 310960 )/ 1 )
=277520/310960
=89.25 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

* 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 89.25% mean?
Hindustan Zinc (NSE:HINDZINC) has a ROCE % of 89.25% as of Mar. 2026.
Is Hindustan Zinc's ROCE % too high?
Hindustan Zinc's current ROCE % is 89.25%. Overall, Hindustan Zinc has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hindustan Zinc's ROCE % compare to competitors?
Hindustan Zinc's ROCE % of 89.25% can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Metals & Mining company?
A good ROCE % depends on the Metals & Mining industry context. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. Hindustan Zinc's current ROCE % is 89.25%. 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 ₹587.99, compared to a current price of ₹536.55 — trading 8.7% below its estimated fair value. The current ROCE % is 89.25%. 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 ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Hindustan Zinc (NSE:HINDZINC), the current ROCE % is 89.25% 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 ₹536.55 is trading 8.7% below its estimated GF Value™ of ₹587.99. GuruFocus considers Hindustan Zinc to be Fairly Valued.

Key valuation signals for NSE:HINDZINC:

  • ROCE %: 89.25%
  • GF Value™: ₹587.99 vs. price of ₹536.55 (8.7% below fair value)
  • GF Score™: 94/100 with 1 warning sign

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.
94GF Score

Get the complete analysis for NSE:HINDZINC

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

₹536.55
Price
₹587.99
GF Value