Hindustan Zinc Limited has informed the Exchange about Transcript
HINDZINC · price
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Hindustan Zinc reported its highest-ever Q1 mined metal production of 265,000 tons and its lowest-ever Q1 cost of production at $1,010 per ton since transitioning to underground mining. Revenue came in at Rs. 7,771 crore (down 4% YoY), EBITDA at Rs. 3,860 crore (down 2% YoY) with margins holding at around 50%, and profit after tax at Rs. 2,234 crore (down 5% YoY). Silver production stood at 149 metric tons, with prices up 17% YoY, while zinc and lead LME prices fell 7% and 10% respectively. Management announced a major growth plan to add 250,000 TPA of integrated metal capacity at a capex of ~Rs. 12,000 crore, which is projected to add Rs. 40,000 crore in revenue and Rs. 21,000 crore in EBITDA over 3-4 years. The company also secured Letters of Intent for three new critical mineral blocks (potash, rare earth, tungsten) and paid an interim dividend of Rs. 10 per share (total Rs. 4,225 crore payout).
Strong operational performance and cost discipline cushioned the impact of lower zinc-lead prices, keeping margins healthy. The announced capacity expansion and entry into critical minerals signal significant long-term growth, while the Rs. 4,225 crore dividend payout underscores robust shareholder returns. Near-term sentiment is positive given the record production, lowest-ever Q1 costs, and confidence in hitting the lower end of full-year guidance.