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Earnings Call

Hindustan Zinc Earnings Call: Key Takeaways

Hindustan Zinc delivered record 9MFY26 performance with Revenue of ₹27,300 Cr and EBITDA of ₹14,415 Cr (53% margin). Strategy focuses on 2x growth to 2 Mtpa metal capacity.

Highlights
Revenue growth₹27,300 Cr for 9MFY26.
MarginsConsistent c.50% EBITDA margin; 9MFY26 at 53%.
Demand visibilityStrong domestic zinc demand linked to 300 Mtpa steel target.
Management confidenceHigh, targeting world's largest integrated zinc-lead-silver producer position.

Growth

Revenue hit ₹27,300 Cr in 9MFY26; EBITDA margin improved to 53%. Silver production grew 20x over two decades.

Outlook

FY26 guidance: Mined metal 1,125 ktpa, Refined 1,075 ktpa. Capex of ₹12,000 Cr for 2 Mtpa expansion phase.

Risks

Sensitivity to LME metal prices, fluctuations in exchange rates, and environmental/regulatory changes in mining.

Source

Earnings Call filed with NSE, NSE: HINDZINC. Summary written with AI assistance from the document.

Read the document ↗

Hindustan Zinc Ltd: key numbers

Share price
₹588.95
Market cap
₹2,48,850 Cr
Revenue (annual)
₹40,844 Cr
Net profit (annual)
₹13,832 Cr
P/E (TTM)
14.6×Sector 19.0×
Promoter holding
60.71%+0.00% QoQ
FII holding
2.20%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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17:50 IST BSE
Share Pledge

Hindustan Zinc Share Pledge

SBICAP Trustee Company released 5.15 Crore encumbered shares of Hindustan Zinc. This follows the release of a pledge by Vedanta Limited.

17:48 IST NSE
Other Announcement

Hindustan Zinc Other Announcement

Hindustan Zinc informed the exchanges of an independent ESG rating of 67.76 assigned by Niche99. The company did not engage the provider for this report.

13:01 IST BSE
Annual General Meeting

Hindustan Zinc Annual General Meeting

Postal ballot notice seeks approval for Amarendu Prakash as CEO and Dr. Yogesh Attray as Independent Director. E-voting runs September 17 to October 16, 2026.

15:45 IST BSE
Business Update

Hindustan Zinc Business Update

Hindustan Zinc signed a six-year EV truck transportation contract with MFL India for concentrate logistics. The 30-truck fleet advances its mine-to-smelter decarbonisation at Rampura Agucha.

Execution
6 years (extendable by 2 years)
EV fleet for mine-to-smelter concentrate transportation
30 electric trucks
15:28 IST BSE
Other Announcement

Hindustan Zinc Other Announcement

Hindustan Zinc Limited has been assigned an overall ESG rating of 65 by NSE Sustainability Ratings and Analytics Limited. The rating was independently prepared using public domain data.