ALFA Finder| Margins | Consistent c.50% EBITDA margin; 53% achieved in 9MFY26. |
|---|---|
| Demand visibility | Strong domestic demand linked to 300 Mtpa steel production by 2030. |
| Management confidence | High; citing industry leading margins and low-cost asset base. |
Growth
9MFY26 revenue reached ₹27,300 Cr with PAT of ₹8,799 Cr. Mined metal production guidance at 1,125 ktpa.
Outlook
Capex of ₹12,000 Cr for 2 Mtpa expansion. Targets 750 MT silver production by FY27 and net zero by 2050.
Risks
Exposed to LME metal price fluctuations, currency exchange rates, and environmental/regulatory changes.
Last quarter's promises, checked
Delivered
- Guided Mined Metal 1.1 Mtpa → delivered 268 kt in Q1 (~1.1 Mtpa run-rate = BEAT)
- Guided Zinc COP c.$1,000/t → delivered $851/t (= BEAT)
- Guided 36-month construction for 250 kt smelter → Q1 steady progress (= BEAT)
Partly delivered
- Guided 680 MT Silver → delivered 149 MT in Q1 (below quarterly run-rate = PARTIAL)
- Guided Fertilizer plant in Q2 → phosphoric acid plant on track; full plant Q1 FY28 (= PARTIAL)
Earnings Call Transcript filed with NSE, NSE: HINDZINC. Summary written with AI assistance from the document.
Hindustan Zinc Ltd: key numbers
- Share price
- ₹575.80
- Market cap
- ₹2,43,294 Cr
- Revenue (annual)
- ₹40,844 Cr
- Net profit (annual)
- ₹13,832 Cr
- P/E (TTM)
- 11.7×Sector 17.1×
- Promoter holding
- 60.71%+0.00% QoQ
- FII holding
- 2.37%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Hindustan Zinc Ltd
All →Hindustan Zinc Product Launch
Hindustan Zinc launched two zinc alloys, VedAZ and VedAyush, for galvanizing on 3 November 2026. The products launch in India and will be available worldwide.
Hindustan Zinc Annual General Meeting
Hindustan Zinc's postal ballot seeks shareholder approval to raise Section 186 loan, guarantee and investment limits to ₹30,000 crore. E-voting runs from 4 November to 3 December.
Hindustan Zinc Earnings Call Transcript: Key Takeaways
Management reported record profitability driven by lowest-ever zinc production costs despite global volatility.
Hindustan Zinc Investor Presentation: Key Takeaways
Hindustan Zinc reported record Q2FY27 performance with revenue of ₹15,093 crore (up 77% YoY) and EBITDA of ₹9,285 crore. Growth driven by record production, higher metal prices, and significant silver profitability contribution (45%).
Hindustan Zinc Results Update
Hindustan Zinc posted record Q2 FY27 net profit of ₹6,412 crore and EBITDA of ₹9,285 crore. 1H revenue hit a record ₹28,840 crore.
Hindustan Zinc Q2 FY27 Results: Net Profit ₹6,412 Cr, Up 142.1% YoY
Hindustan Zinc Ltd reported revenue from operations of ₹15,093 Cr (+76.5% YoY) and net profit of ₹6,412 Cr (+142.1% YoY) for Q2 FY27.
- Key figure
- Net profit ₹6,412 Cr · +142.1% YoY