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Earnings Call

Hindustan Zinc Earnings Call: Key Takeaways

Hindustan Zinc delivered record performance in 9MFY26 with 53% EBITDA margins. Positioned as the world's largest integrated zinc producer, the company is transitioning toward a 2 Mtpa metal production capacity and expanding into critical minerals.

Why this was an Alfa AlertNot a filter event. Financial results and guidance are consistent with steady growth; no >10% material beat over prior guidance reported.
Highlights
Revenue growth9MFY26 Revenue ₹27,300 Cr.
MarginsConsistent c.50% EBITDA margin; 53% in 9MFY26.
Demand visibilityStrong; tied to India's steel production and green energy transition.
Management confidenceHigh; emphasizing tier-1 asset base and cost leadership.

Growth

9MFY26 Revenue at ₹27,300 Cr; EBITDA at ₹14,415 Cr with 53% margin. Silver production grew 20x over two decades.

Outlook

FY26 Guidance: Mined metal 1,125±10 Ktpa; Refined metal 1,075±10 Ktpa. Targeting 2 Mtpa long-term with ₹12,000 Cr capex.

Risks

Exposure to LME price fluctuations, exchange rate volatility, and regulatory/environmental changes in mining sectors.

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.

More from Hindustan Zinc Ltd

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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.