Earnings Alerts

Hindustan Zinc (HZ) Earnings: 3Q Net Income Misses Estimates Despite 30% Increase Year-Over-Year

By January 28, 2025 No Comments
  • Hindustan Zinc‘s net income for the third quarter reached 26.5 billion rupees, showing a 30% increase compared to the previous year, but missed the estimated 26.88 billion rupees.
  • The company’s revenue grew by 17% year-over-year to 82.6 billion rupees, falling short of the expected 86.36 billion rupees.
  • Total costs climbed by 7.1% year-over-year to 52.9 billion rupees.
  • Power and fuel expenses decreased by 8.7% year-over-year to 6.6 billion rupees.
  • Other income dropped significantly by 28% year-over-year to 2.21 billion rupees.
  • Market sentiment towards Hindustan Zinc includes 2 ‘buy’ ratings, 4 ‘hold’ ratings, and 7 ‘sell’ ratings.

Hindustan Zinc on Smartkarma



Analyst coverage of Hindustan Zinc on Smartkarma has been insightful, with Clarence Chu providing a bearish perspective in their research report titled “Hindustan Zinc OFS Early Look – Due for a Correction, Large Selling Pressure Looming.” Chu highlights that Vedanta Ltd (VEDL IN) is planning to raise US$760m by selling a stake in Hindustan Zinc. The report discusses the potential large selling pressure looming due to this deal, which represents 2.6% of the firm’s outstanding shares. Chu comments on the deal dynamics, noting that it could have a significant impact on the stock given its size relative to the stock’s three-month average daily volume.



A look at Hindustan Zinc Smart Scores

FactorScoreMagnitude
Value2
Dividend5
Growth3
Resilience2
Momentum3
OVERALL SMART SCORE3.0

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, Hindustan Zinc‘s long-term outlook appears positive overall. The company scores highest in the Dividend category with a score of 5, indicating a strong dividend performance. This suggests that investors looking for stable income from their investments may find Hindustan Zinc appealing.

While the Value and Resilience scores are moderate at 2, the Growth and Momentum scores stand at 3, indicating some room for potential growth and consistent operational momentum. With a focus on the exploration, mining, and smelting of zinc, lead, and other non-ferrous metals, Hindustan Zinc‘s diverse product portfolio positions it well for long-term success in the mining industry.

Company Summary: Hindustan Zinc Limited specializes in the exploration, mining, and smelting of zinc, lead, and other non-ferrous metals. Its product range includes zinc ore, lead zinc concentrate, zinc metal, lead metal, cadmium metal, silver metal, and sulfuric acid, showcasing a comprehensive offering within the industry.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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