Comparison · NSE · data 2026-11-02
Hindustan Zinc Limited vs NMDC Limited
In plain words
Size: Hindustan Zinc Limited is about 3.6 times the market value of NMDC Limited.
Valuation (P/E): Hindustan Zinc Limited 10.3 vs NMDC Limited 8.
Return on equity: Hindustan Zinc Limited 76.9% vs NMDC Limited 23.4%.
Debt to equity: Hindustan Zinc Limited 0.39 vs NMDC Limited 0.19.
Differences in the numbers, not a recommendation of either stock.
Side by side
| HINDZINC | NMDC | |
|---|---|---|
| Price | ₹508.7 | ₹67.77 |
| Market cap | ₹2,13,590 cr | ₹59,090 cr |
| P/E | 10.3 | 8 |
| P/B | 7.2 | — |
| ROE | 76.9% | 23.4% |
| ROCE | 57.0% | 26.2% |
| Debt / equity | 0.39 | 0.19 |
| Operating margin | 50.9% | 27.3% |
| Dividend yield | 2.18% | 5.21% |
| Sales growth, 3 years (yearly) | 4.7% | 22.0% |
| Profit growth, 3 years (yearly) | 9.6% | 10.0% |
| 1-year return | 6.0% | -10.3% |
| Revenue, last 12 months | ₹53,364 cr | ₹32,127 cr |
| Net profit, last 12 months | ₹20,830 cr | ₹7,459 cr |
| Latest quarter | Sept 2026 | Jun 2026 |
| Quarter net profit | ₹6,412 cr | ₹1,976 cr |
| Quarter profit vs a year earlier | +142.1% | +0.4% |
| Promoter holding | 60.71% | 60.79% |
| Health check | Strong (7.6/10) | Strong (7.4/10) |
Common questions
Which has a higher P/E, Hindustan Zinc Limited or NMDC Limited?
Hindustan Zinc Limited trades at the higher P/E (10.3 against 8). 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 23.4%).
Which carries more debt?
Hindustan Zinc Limited has the higher debt-to-equity ratio (0.39 against 0.19).