HZL 60th AGM transcript filed: revenue tops Rs 40,000 cr, 2X expansion plan outlined
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Transcript of HZL 60th AGM filed. FY26: revenue crossed Rs 40,000 crore for first time, EBITDA crossed Rs 20,000 crore at about 54 percent margin, net profit Rs 13,832 crore (EPS about Rs 33). Record mined metal output of 1.1 MT. Plans to double production to 2 MT over 5 years with Rs 40,000 to 50,000 crore CapEx (Phase 1 Rs 17,000 cr). Cost of production hit 5-year low at $959 per tonne. New blocks secured in tungsten, potash, rare earth. ROE about 77 percent, ROCE about 67 percent.
Confirms strong FY26 execution and lays out growth roadmap with multi-year CapEx. Shareholders get clarity on 2X production plan and dividend track record.