Hindustan Zinc Limited (500188) Earnings Call Transcripts

Hindustan Zinc Limited's Latest Earnings Call - Q4 FY2026

Hindustan Zinc Limited reported a record-breaking fourth quarter and full year FY '26 performance, with revenue reaching INR 13,544 crores, up 49% YoY, and net profit hitting INR 5,033 crores, up 68% YoY. The company achieved its lowest-ever zinc cost of production at $903 per tonne, contributing to an EBITDA of INR 7,747 crores, marking a significant increase of 61% YoY. Management maintained guidance for FY '27 with expected mined metal production of 1,150 Ktpa and refined metal production of 1,100 Ktpa, indicating strong operational momentum and cost leadership.

Reported metrics

Guidance from management

Management maintained guidance for FY '27 with expected mined metal production of 1,150 Ktpa plus or minus 10 Kt and refined metal production of 1,100 Ktpa plus or minus 10 Kt. They also guided for zinc cost of production at $975 to $1,000 per tonne.

What management said

Thank you, operator, and good evening, ladies and gentlemen. Thank you for joining us today to discuss the fourth quarter and full year FY '26 results. In this call, we will refer to our Investor Presentation available on our company's website. Please note that today's entire discussion will be covered by the safe harbor clause mentioned on Slide 2 of the presentation. Today, we have Mr. Arun Misra, our CEO; and Mr...

For Q1, for the zinc, it is hedged at 20 kt spread between the April to June at an average price of $3,100 and silver is hedged 25 tonnes at an average price of $57. For the full year FY '27, 71 Kt is hedged at an average price of $3,225 per tonne and silver is hedged at 59 tonnes at an average price of $50 per troy ounce.

What analysts pressed on

Analysts expressed concerns regarding the sustainability of low production costs and the impact of geopolitical factors on input costs. There were also questions about the company's hedging strategy and its implications for future profitability given the volatility in commodity prices.

Main topics on the call

• Record Financial Performance — Hindustan Zinc achieved its highest-ever quarterly revenue of INR 13,544 crores and record net profit of INR 5,033 crores, reflecting a robust operational performance. Management stated, "This combination of lowest cost ...
• Cost of Production Decline — The company reported its lowest quarterly zinc cost of production at $903 per tonne, down 9% YoY, driven by lower power costs and improved byproduct realization. This was highlighted as "the lowest-ever quarterly zinc co...
• Operational Efficiency Improvements — Hindustan Zinc noted significant operational enhancements, achieving record mined metal production of 315 Kt in Q4 and 1.1 million tonnes for the full year. Management emphasized that "the growth was driven by higher ore...
• Sustainability Initiatives — The company continues to focus on sustainability, achieving 18% renewable energy consumption and being featured in the top 1% of the S&P Global Sustainability Yearbook. Management stated, "We remain focused on our 2030 g...

Read the full Hindustan Zinc Limited transcript (Q4 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 28 Hindustan Zinc Limited earnings call transcripts on record, spanning January 21, 2020 to July 24, 2026. Based on this history, Hindustan Zinc Limited reports quarterly. The most recent call on file is dated July 24, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

500188

Exchange

BSE

Country

IN

Sector

Materials

Industry

Metals and Mining

Calls on record

28

First call

January 21, 2020

Most recent

July 24, 2026

Reporting cadence

quarterly