HINDZINCNSEHindustan Zinc Limited· MetalsMediumNeutral
Announced Wed, 27 Aug · 16:20 IST

Hindustan Zinc Limited has informed the Exchange regarding 'Transcript Of The 59Th Annual General Meeting Of The Company'.

Mgmt Guided Margin ImprovementAnalyst Day Multiyear TargetsInvestor Communications View source PDF

HINDZINC · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Hindustan Zinc's Chairperson Priya Agarwal and CEO Arun Misra recapped a record FY25: highest-ever mined metal production of 1,095 KT and refined metal of 1,052 KT, EBITDA of Rs 17,465 crore (up 28%), and profit after tax of Rs 10,353 crore (up 33%). The company achieved one of its lowest zinc cost of production at $1,052/ton and captured 77% of India's primary zinc market. ROCE stood at 58% and ROE at 73%, among the best in the sector. The company unveiled an ambitious plan to double output to 2 million tonnes over the next 3-5 years with Rs 30,000-35,000 crore of investment, starting with a Rs 12,000 crore 250 KTPA integrated smelter at Debari and a Rs 3,823 crore tailings reprocessing project at Rampura Agucha. Hindustan Zinc also won critical mineral block auctions in potash, tungsten, and rare earths, becoming the first Indian member of ICMM, and launched EcoZen, Asia's first low-carbon zinc, positioned for LME's new green premium. The 510 KTPA fertilizer plant is expected to commission by Q1 FY26.

Likely market impact

Strong FY25 results reinforce Hindustan Zinc's position as the world's lowest-cost integrated zinc producer, while the multi-year 2x growth plan and entry into critical minerals signal a significant expansion pipeline that could drive sustained earnings growth, though execution of the Rs 30,000-35,000 crore capex plan will be the key thing to watch.