HINDUSTAN ZINC Announces Quarterly Results (1QFY22); Net Profit Up 45.9%

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

HINDUSTAN ZINC Announces Quarterly Results (1QFY22); Net Profit Up 45.9%
Mon, 26 Jul

HINDUSTAN ZINC has announced its results for the quarter ended June 2021. Here is a detailed performance review of the same:

HINDUSTAN ZINC Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-20*
3
Mar-21*
3
Jun-21*
QoQ ChangeYoY Change
Net SalesRs m39,89069,47065,310-6.0%63.7%
Other incomeRs m6,8402,9503,49018.3%-49.0%
TurnoverRs m46,73072,42068,800-5.0%47.2%
ExpensesRs m24,13030,72029,730-3.2%23.2%
Gross profitRs m15,76038,75034,240-11.6%117.3%
DepreciationRs m5,4406,9606,580-5.5%21.0%
InterestRs m5201,310920-29.8%76.9%
Profit before taxRs m16,64033,43030,230-9.6%81.7%
TaxRs m3,0508,62010,40020.6%241.0%
Profit after taxRs m13,59024,81019,830-20.1%45.9%
Gross profit margin%39.555.852.4
Effective tax rate%18.325.834.4
Net profit margin%29.134.328.8
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Accord Fintech, Equitymaster


Year-on-Year Performance:
  • The company's operating income during the quarter grew 63.7% on a year-on-year (YoY) basis. The expenses were up by 23.2% YoY during the same period.
  • The company's operating profit increased by 117.3% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 52.4% in 1QFY22 as against 39.5% in 1QFY21.
  • Depreciation charges increased by 21.0% and finance costs increased by 76.9% YoY, respectively.
  • Other income declined by 49.0% YoY during the quarter.
  • Net profit for the quarter increased by 45.9% YoY. Net profit margins during the quarter declined from 29.1% in 1QFY21 to 28.8% in 1QFY22.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 6.0% on a quarter-on-quarter (QoQ) basis. The expenses were down by 3.2% QoQ during the same period.
  • The company's operating profit declined by 11.6% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 52.4% in 1QFY22 as against 55.8% in 4QFY21.
  • Net profit for the quarter declined by 20.1% QoQ, while net profit margins declined from 34.3% in 4QFY21 to 28.8% in 1QFY22.

To see how HINDUSTAN ZINC has performed over the last eight quarters,please visit here.

FREE REPLAY: Discover What Richa Revealed in Her Smallcaps Summit

HINDUSTAN ZINC Share Price Performance

Over the last one year, HINDUSTAN ZINC share price has moved up from Rs 200.4 to Rs 327.0, registering a Gain of Rs 126.6 or around 63.2%.

Overall, the S&P BSE SENSEX is up 39.6% over the year.

Current Valuations

At the current price of Rs 327.0, the price to earnings (P/E) ratio of HINDUSTAN ZINC stands at 16.1 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 4.3 times.

Equitymaster requests your view! Post a comment on "HINDUSTAN ZINC Announces Quarterly Results (1QFY22); Net Profit Up 45.9%". Click here!

  

Related Views on News

HINDUSTAN ZINC 2020-21 Annual Report Analysis (Annual Result Update)

Sep 6, 2021 | Updated on Sep 6, 2021

Here's an analysis of the annual report of HINDUSTAN ZINC for 2020-21. It includes a full income statement, balance sheet and cash flow analysis of HINDUSTAN ZINC. Also includes updates on the valuation of HINDUSTAN ZINC.

HINDUSTAN ZINC Announces Quarterly Results (3QFY21); Net Profit Up 35.8% (Quarterly Result Update)

Jan 21, 2021 | Updated on Jan 21, 2021

For the quarter ended December 2020, HINDUSTAN ZINC has posted a net profit of Rs 22 bn (up 35.8% YoY). Sales on the other hand came in at Rs 60 bn (up 29.1% YoY). Read on for a complete analysis of HINDUSTAN ZINC's quarterly results.

HINDUSTAN ZINC Announces Quarterly Results (2QFY21); Net Profit Down 6.8% (Quarterly Result Update)

Oct 22, 2020 | Updated on Oct 22, 2020

For the quarter ended September 2020, HINDUSTAN ZINC has posted a net profit of Rs 19 bn (down 6.8% YoY). Sales on the other hand came in at Rs 57 bn (up 25.5% YoY). Read on for a complete analysis of HINDUSTAN ZINC's quarterly results.

More Views on News

Most Popular

5 Specialty Chemical Stocks that Turned Multibaggers in One Year(Views On News)

Sep 17, 2021

These specialty chemical stocks have surged 200% or more in the last year. Do you own any?

A Rare Buying Opportunity in an Exciting Stock(Profit Hunter)

Sep 16, 2021

Whether agriculture sector goes through a structural transformation or not, this agrochemical stock has a good chance of winning.

5 Indian Companies with Over 7% in Dividend Yield(Views On News)

Sep 17, 2021

These stocks will give you better yields than bank deposits.

A Great Time to Buy ITC(Profit Hunter)

Sep 17, 2021

Is the worst over for the stock of ITC?

Top Small Caps to Buy Now(Views On News)

Sep 18, 2021

Rahul Shah on why he would invest in these unusual 20 small cap stocks

More

Become A Smarter Investor
In Just 5 Minutes

Multibagger Stock Guide 2021
Get our special report Multibagger Stocks Guide (2021 Edition) Now!
We will never sell or rent your email id.
Please read our Terms

HINDUSTAN ZINC SHARE PRICE


Sep 27, 2021 03:37 PM

TRACK HINDUSTAN ZINC

  • Track your investment in HINDUSTAN ZINC with Equitymaster's Portfolio Tracker. Set live price alerts, get research alerts and more. Get access now...
  • Add To MyStocks

MORE ON HINDUSTAN ZINC

HINDUSTAN ZINC 8-QTR ANALYSIS

COMPARE HINDUSTAN ZINC WITH

MARKET STATS