Hindustan Zinc Reports Record Financial Performance for 4QFY26 and Full Year 2026

Hindustan Zinc Reports Record Financial Performance for 4QFY26 and Full Year 2026​

Hindustan Zinc Limited announced a period of historic results for the fourth quarter and full year ended March 31, 2026, driven by record production levels, industry-leading cost structures, and favorable commodity trends. The company reported significant year-over-year growth across key profitability metrics, positioning it for a new phase of expansion.

Record Financial Highlights​

For the quarter ending March 2026, Hindustan Zinc recorded a record net profit of ₹ 5,033 crore, marking a 68% increase year-over-year. EBITDA reached an all-time high of ₹ 7,747 crore, up 61% year-over-year.

On a full-year basis for FY26, the company reported a record net profit of ₹ 13,832 crore, representing a 34% increase year-over-year. Full year revenue stood at ₹ 40,844 crore, up 20% year-over-year. The company also recorded an all-time high EBITDA of ₹ 22,162 crore, up 27% year-over-year, complemented by a free cash flow (before growth capex) of ₹ 13,337 crore.

The company's overall financial trajectory is summarized below:

Operational and Resource Milestones​

Operationally, Hindustan Zinc set new benchmarks. In the quarter, the company achieved its best-ever mined metal production at 315 Kilotonnes (Kt) and record refined metal production at 282 Kt. The lowest-ever cost of production for the quarter stood at $903 per tonne, marking a 9% improvement year-over-year.

For the full fiscal year, the company achieved its highest-ever mined metal production of 1,114 Kt. Furthermore, the company's ore reserves stand at a record 468.6 Million tonnes (Mnt) as of March 31, 2026. Notably, Hindustan Zinc surpassed 10.9 Kilotonnes (Kt) of silver reserves for the first time, ensuring the resource base supports a mine life of over 25 years.

Management Commentary​

Sandeep Modi, Chief Financial Officer, highlighted the strong financial metrics, noting that the record quarterly net profit of ₹ 5,033 crore and the full year net profit of ₹ 13,832 crore confirm the company’s robust balance sheet strength.

Arun Misra, Chief Executive Officer, commented that the record performance reflects the resilience of the business and strong execution, particularly achieving the key milestone of 1.1 million tonnes of mined metal production. He added that the company is strategically aligning with future-facing sectors through its move into critical minerals as it enters its 2.0 growth phase.

Sustainability and Corporate Governance​

The company reaffirmed its commitment to ESG goals. Operational achievements include the Chanderiya Lead Zinc Smelter becoming India's first site to receive both the Zinc and Copper Mark certification. It also launched EcoZen, Asia's first low carbon zinc brand, which boasts a 75% lower carbon footprint compared to the global average for galvanized steel production.

Outlook for FY27​

Hindustan Zinc provided guidance for FY27, projecting the following metrics:

HINDZINC Stock Price Movement​

As of 2:39 PM, shares of Hindustan Zinc Limited are shedding 1.92% in live trading, currently positioned at ₹580.75. The stock continues to move on high interest, supported by a robust volume of 8.33 million shares traded today.