Hindustan Zinc vs JAINREC: share price, P/E, ROE and financials compared
Hindustan Zinc
Jain Resource Recycling
Hindustan Zinc and JAINREC at a glance
Hindustan Zinc and JAINREC are both listed in Metals & Mining. Hindustan Zinc is the larger by market cap, at ₹2.4L Cr against ₹9,887 Cr for JAINREC (24.3 times as large). On valuation, Hindustan Zinc has the lower P/E (11.5× against 27.8×), while JAINREC has the lower price-to-book (6.33× against 8.01×). On returns and margins, Hindustan Zinc has the higher ROCE (62.0% against 35.5%), the higher ROE (95.4% against 30.8%) and the higher operating margin (53.4% against 4.5%). Over three years, JAINREC has faster 3-year sales growth (+45.4% against +5.6% a year) and faster 3-year profit growth (+56.5% against +9.6% a year). Hindustan Zinc carries less debt for its equity, with a debt-to-equity of 0.22× against 0.82×.
Key metrics, side by side
| Metric | Hindustan ZincHINDZINC | JAINRECJAINREC |
|---|---|---|
| Price (₹) | 568.10 | 286.50 |
| Market cap (₹ Cr) | 2,40,040 | 9,887 |
| P/E | 11.5× (the lower figure, shaded) | 27.8× |
| P/B | 8.01× | 6.33× (the lower figure, shaded) |
| Dividend yield, trailing | 1.94% (the higher figure, shaded) | 0.00% |
| ROE | 95.4% (the higher figure, shaded) | 30.8% |
| ROCE | 62.0% (the higher figure, shaded) | 35.5% |
| Operating margin (OPM) | 53.4% (the higher figure, shaded) | 4.5% |
| Net margin (NPM) | 40.7% (the higher figure, shaded) | 3.1% |
| Sales CAGR 3Y | +5.6% | +45.4% (the higher figure, shaded) |
| Profit CAGR 3Y | +9.6% | +56.5% (the higher figure, shaded) |
| Debt to equity | 0.22× (the lower figure, shaded) | 0.82× |
| Interest cover | 25.3× (the higher figure, shaded) | 6.0× |
| Net profit TTM (₹ Cr) | 20,830 | 354 |
| 1Y return | +20.6% (the higher figure, shaded) | −25.7% |
| Promoter holding | 60.71% | 73.59% |
Hindustan Zinc vs JAINREC: common questions
Which is bigger, Hindustan Zinc or JAINREC?
By market cap, Hindustan Zinc is bigger at ₹2.4L Cr, against ₹9,887 Cr for JAINREC (prices as of 6 Nov 2026). Net profit over the last twelve months was ₹20,830 Cr for Hindustan Zinc and ₹354 Cr for JAINREC.
Which has a lower P/E ratio, Hindustan Zinc or JAINREC?
Hindustan Zinc trades at a P/E of 11.5× and JAINREC at 27.8×. Hindustan Zinc has the lower P/E. P/E is the share price divided by earnings per share; it varies a lot between industries and with growth, so it says little on its own.
Which has a higher ROE, Hindustan Zinc or JAINREC?
Hindustan Zinc reports a return on equity of 95.4% and JAINREC 30.8%. Hindustan Zinc has the higher ROE. ROE is net profit as a share of shareholders’ equity.
Which is growing faster, Hindustan Zinc or JAINREC?
Over the last three years: Sales grew +5.6% a year at Hindustan Zinc and +45.4% at JAINREC, so JAINREC grew sales faster; profit grew +9.6% a year at Hindustan Zinc and +56.5% at JAINREC, so JAINREC grew profit faster. Past growth doesn’t predict future growth.