Hindustan Zinc

Quick check

The five things to look at first. Open one for more.

• DebtLow debtIt owes ₹6,654 Cr against ₹29,673 Cr of shareholders' money (Sep 2026), 0.22 times.
• ResultsGrowingIn the Sep 2026 quarter, sales rose 76% and profit rose 140% from a year earlier.
• DilutionNo new sharesNo new shares issued in the last year, so existing shareholders' slices were not cut.
• PromotersPromoters sellingThe promoters (founders or parent) own 61%, down from 62% in Sep 2025.
• ValuationCheap vs its pastThe share trades at 10.3 times its yearly earnings (P/E), cheaper than 100% of the time in the last 5 years. Its usual P/E is about 17.

Exchange filings and their impact on the company.

• 23 Oct 2026Analysts/Institutional Investor Meet/Con. Call UpdatesHigh impactVery positivePrice +0.2% on 26 Oct
  Record Q2 with 77% revenue and 142% profit growth and sharp cut in cost guidance signals much higher earnings and cash over next year.

  Hindustan Zinc filed the transcript of its October 19, 2026 earnings call for Q2 and H1 FY27. Q2 revenue was Rs 15,093 crore up 77%, EBITDA was a record Rs 9,285 crore up 108% at 62% margin, and net profit was a record Rs 6,412 crore up 142%, with H1 revenue Rs 28,840 crore and net profit Rs 11,881 crore. Mined metal rose 5%, refined metal 7% and silver 20% to 173 tons, while zinc cost fell to $703 per ton, leading to a full-year cost guidance cut to $825-850 from $975-1000. The company ended with Rs 11,268 crore net cash, spent Rs 1,200 crore sustaining and Rs 700 crore growth capex in Q2, and said its 250KTPA zinc expansion and tailings reprocessing plant remain on track.

  Full analysisFiling
• 19 Oct 2026Outcome of Board MeetingHigh impactPositivePrice −2.5% on 21 Oct
  Q2/H1 FY27 results confirm Hindustan Zinc's strong earnings run-rate, supporting higher revenue and profit over the next year.

  Hindustan Zinc's board on October 19, 2026 approved unaudited standalone and consolidated results for the quarter and half year ended September 30, 2026. The statutory auditor issued a limited review with unmodified opinion, and the board meeting ran from 12:00 noon to 3:20 pm. The results extend the strong FY26 to Q1 FY27 momentum when quarterly sales had risen to around Rs 13,687 crore with 58% operating margins, indicating sustained earnings strength.

  Full analysisFiling

Results dates and other board meetings. Full calendar

Compounded yearly rates over each period.

Listed companies in the same business.

Arun Misra

Chief Executive Officer, Whole-Time Director

Amit Gupta

Chief Financial Officer

Munish Vasudeva

Chief Human Resources Officer

Aashhima V. Khanna

Compliance Officer, Company Secretary

Anupam Nidhi

Head - Corporate Social Responsibility

Pradeep Singh

Chief Health, Safety, Environment and Sustainability Officer