Hindustan ZincNSE:HINDZINC +0.71%95 ROE % is 88.97% as of Mar. 2026, which is 214% above its 10-year median of 28.36. GuruFocus rates NSE:HINDZINC with a GF Score™ of 95/100 and a GF Value™ of ₹588.85 (Fairly Valued). The stock has 1 warning sign investors should review. Among 2,385 Metals & Mining companies, Hindustan Zinc ranks better than 97.32% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Hindustan Zinc's annualized net income for the quarter that ended in Mar. 2026 was ₹201,320 Mil. Hindustan Zinc's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹226,290 Mil. Therefore, Hindustan Zinc's annualized ROE % for the quarter that ended in Mar. 2026 was 88.97%.
The historical rank and industry rank for Hindustan Zinc's ROE % or its related term are showing as below:
NSE:HINDZINC'
s ROE % Range Over the Past 10 Years
Min: 18.41 Med: 28.36 Max: 83.57
Current: 83.57
During the past 13 years, Hindustan Zinc's highest ROE % was 83.57%. The lowest was 18.41%. And the median was 28.36%.
NSE:HINDZINC's ROE % is ranked better than 97.32% of 2385
companies
in the Metals & Mining industry
Industry Median: -16.4
vs NSE:HINDZINC: 83.57
Hindustan Zinc (NSE:HINDZINC) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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.
Be Aware
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
Hindustan Zinc ROE % Related Terms
Hindustan Zinc ROE % Historical Data
* Premium members only.
The historical data trend for Hindustan Zinc's ROE % 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 ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Hindustan Zinc's ROE % distribution charts can be found below:
* The bar in red indicates where Hindustan Zinc's ROE % 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.
In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Hindustan Zinc (NSE:HINDZINC) has a ROE % of 88.97% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Hindustan Zinc and its competitors. This is 214% above median its historical median of 28.36. Over the past decade, Hindustan Zinc's ROE % has ranged from 18.41 to 83.57. According to the industry distribution chart, Hindustan Zinc ranks #64 out of 2385 companies in the Metals & Mining industry, placing it in the top 2.7%.
Is Hindustan Zinc's ROE % too high?
Hindustan Zinc's current ROE % of 88.97% is 214% above median its 10-year median of 28.36. Over the past 10 years, this metric has ranged from a low of 18.41 to a high of 83.57. Based on the distribution chart, Hindustan Zinc ranks #64 out of 2385 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 95/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hindustan Zinc's ROE % compare to competitors?
According to the Metals & Mining industry distribution chart, Hindustan Zinc ranks #64 out of 2385 companies for ROE %. This places Hindustan Zinc in the top 3% of its industry — outperforming the majority of peers. Historically, Hindustan Zinc's own ROE % has ranged from 18.41 to 83.57 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Metals & Mining company?
A good ROE % depends on the Metals & Mining industry context. However, ROE % 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Hindustan Zinc and its competitors. Hindustan Zinc's current ROE % is 88.97%, which is 214% above median its own 10-year median of 28.36. 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 ₹588.85, compared to a current price of ₹540.35 — trading 8.2% below its estimated fair value. The current ROE % is 88.97%, which is 214% above median its 10-year median of 28.36. Hindustan Zinc's overall GF Score™ is 95/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Hindustan Zinc (NSE:HINDZINC), the current ROE % is 88.97% 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 ₹540.35 is trading 8.2% below its estimated GF Value™ of ₹588.85.
GuruFocus considers Hindustan Zinc to be Fairly Valued.
Key valuation signals for NSE:HINDZINC:
ROE %: 88.97% (214% above median its 10-year median of 28.36)
GF Value™: ₹588.85 vs. price of ₹540.35 (8.2% below fair value)
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.
95GF Score
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