Comparison · NSE · data 2026-11-02
Hindustan Zinc Limited vs Vedanta Limited
In plain words
Size: Hindustan Zinc Limited is about 2.3 times the market value of Vedanta Limited.
Valuation (P/E): Hindustan Zinc Limited 10.3 vs Vedanta Limited 4.4.
Return on equity: Hindustan Zinc Limited 76.9% vs Vedanta Limited 12.1%.
Profit growth over 3 years: Vedanta Limited 18% a year vs Hindustan Zinc Limited 9.6% a year.
Debt to equity: Vedanta Limited 0.81 vs Hindustan Zinc Limited 0.39.
Differences in the numbers, not a recommendation of either stock.
Side by side
| HINDZINC | VEDL | |
|---|---|---|
| Price | ₹508.7 | ₹241.71 |
| Market cap | ₹2,13,590 cr | ₹92,872 cr |
| P/E | 10.3 | 4.4 |
| P/B | 7.2 | 7.4 |
| ROE | 76.9% | 12.1% |
| ROCE | 57.0% | 9.5% |
| Debt / equity | 0.39 | 0.81 |
| Operating margin | 50.9% | 28.0% |
| Dividend yield | 2.18% | 14.32% |
| Sales growth, 3 years (yearly) | 4.7% | -20.4% |
| Profit growth, 3 years (yearly) | 9.6% | 18.0% |
| 1-year return | 6.0% | 26.8% |
| Revenue, last 12 months | ₹53,364 cr | ₹98,539 cr |
| Net profit, last 12 months | ₹20,830 cr | ₹21,531 cr |
| Latest quarter | Sept 2026 | Sept 2026 |
| Quarter net profit | ₹6,412 cr | ₹3,650 cr |
| Quarter profit vs a year earlier | +142.1% | +103.0% |
| Promoter holding | 60.71% | 54.72% |
| Health check | Strong (7.6/10) | Strong (6.7/10) |
Common questions
Which has a higher P/E, Hindustan Zinc Limited or Vedanta Limited?
Hindustan Zinc Limited trades at the higher P/E (10.3 against 4.4). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
Hindustan Zinc Limited (76.9% against 12.1%).
Which carries more debt?
Vedanta Limited has the higher debt-to-equity ratio (0.81 against 0.39).