Hindustan Zinc reported a historic performance for the fourth quarter and full year FY26, achieving record-breaking revenue of INR 40,844 crores and net profit of INR 13,832 crores for the year. Driven by record mined metal production and strong operational efficiencies, the company successfully reached 1.1 million tons of mined metal while maintaining a robust cost-leadership position. Strategic expansion projects and a clear capex roadmap underpin the company’s future growth in the global metals market.
Historic Financial Results
Hindustan Zinc has delivered its strongest financial performance to date. For Q4 FY26, the company reported revenue of INR 13,544 crores, a 49% year-on-year increase, and an industry-leading EBITDA margin of 57%. The full-year results were equally impressive, with revenue crossing INR 40,000 crores and EBITDA surpassing INR 20,000 crores for the first time in company history.
Operational Milestones
The company achieved a historic milestone by producing 1.1 million tons of mined metal throughout the year, supported by record ore resources and reserves of 468.6 million tons. Operational success was further highlighted by the lowest quarterly zinc cost of production since the underground transition, reaching $903 per ton in Q4. This cost efficiency was driven by higher domestic coal usage, improved by-product realization, and record operational throughput.
Growth and Expansion Projects
Hindustan Zinc is aggressively pursuing a multi-metal strategy. Key growth initiatives include a 250,000 tons per annum integrated zinc smelter at Debari, which is currently in the site mobilization phase. The company is also advancing a significant 1 million ton smelter project in Rajasthan, with project planning and engineering nearing finalization. Additionally, the company is diversifying into new critical mineral blocks, including potash, tungsten, and rare earths, to capitalize on energy transition demand.
Sustainability and Future Outlook
Reflecting a strong commitment to ESG leadership, the company reached 18% renewable energy consumption in FY26 and plans to scale this to 30%-35% in FY27, with an ultimate goal of 70% by FY28. With a strong balance sheet and a clear strategic roadmap, management remains confident in its ability to balance shareholder dividends with disciplined capital expenditure, projecting mined metal production of 1,150 KTPA and refined silver production of 680 tons for the upcoming fiscal year.
Source: BSE
