Hindustan Zinc vs Vedanta: share price, P/E, ROE and financials compared
Hindustan Zinc
Vedanta
Hindustan Zinc and Vedanta at a glance
Hindustan Zinc and Vedanta are both listed in Metals & Mining. Hindustan Zinc is the larger by market cap, at ₹2.4L Cr against ₹1.0L Cr for Vedanta (2.3 times as large). On valuation, Vedanta has the lower P/E (9.2× against 11.5×). On returns and margins, Hindustan Zinc has the higher ROCE (62.0% against 21.3%), the higher ROE (95.4% against 48.2%) and the higher operating margin (53.4% against 28.7%). Over three years, Hindustan Zinc has faster 3-year sales growth (+5.6% against −19.2% a year), while Vedanta has faster 3-year profit growth (+18.0% against +9.6% a year). Hindustan Zinc carries less debt for its equity, with a debt-to-equity of 0.22× against 1.34×.
Key metrics, side by side
| Metric | Hindustan ZincHINDZINC | VedantaVEDL |
|---|---|---|
| Price (₹) | 568.10 | 261.75 |
| Market cap (₹ Cr) | 2,40,040 | 1,02,208 |
| P/E | 11.5× | 9.2× (the lower figure, shaded) |
| P/B | 8.01× | 8.01× |
| Dividend yield, trailing | 1.94% | 6.11% (the higher figure, shaded) |
| ROE | 95.4% (the higher figure, shaded) | 48.2% |
| ROCE | 62.0% (the higher figure, shaded) | 21.3% |
| Operating margin (OPM) | 53.4% (the higher figure, shaded) | 28.7% |
| Net margin (NPM) | 40.7% (the higher figure, shaded) | 22.9% |
| Sales CAGR 3Y | +5.6% (the higher figure, shaded) | −19.2% |
| Profit CAGR 3Y | +9.6% | +18.0% (the higher figure, shaded) |
| Debt to equity | 0.22× (the lower figure, shaded) | 1.34× |
| Interest cover | 25.3× (the higher figure, shaded) | 7.8× |
| Net profit TTM (₹ Cr) | 20,830 | 21,531 |
| 1Y return | +20.6% (the higher figure, shaded) | −48.1% |
| Promoter holding | 60.71% | – |
Hindustan Zinc vs Vedanta: common questions
Which is bigger, Hindustan Zinc or Vedanta?
By market cap, Hindustan Zinc is bigger at ₹2.4L Cr, against ₹1.0L Cr for Vedanta (prices as of 6 Nov 2026). Net profit over the last twelve months was ₹20,830 Cr for Hindustan Zinc and ₹21,531 Cr for Vedanta.
Which has a lower P/E ratio, Hindustan Zinc or Vedanta?
Hindustan Zinc trades at a P/E of 11.5× and Vedanta at 9.2×. Vedanta 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 Vedanta?
Hindustan Zinc reports a return on equity of 95.4% and Vedanta 48.2%. Hindustan Zinc has the higher ROE. ROE is net profit as a share of shareholders’ equity.
Which is growing faster, Hindustan Zinc or Vedanta?
Over the last three years: Sales grew +5.6% a year at Hindustan Zinc and −19.2% at Vedanta, so Hindustan Zinc grew sales faster; profit grew +9.6% a year at Hindustan Zinc and +18.0% at Vedanta, so Vedanta grew profit faster. Past growth doesn’t predict future growth.