HZ

Hindustan Zinc

Q1 FY27Non - Ferrous Metals

Hindustan Zinc Q1 FY27 earnings call: Revenue & Margins

Q1 FY27 earnings call: what management guided on revenue, margins and order book.

Price₹592
Market cap₹2.5L Cr
P/E14.9
Updated25 Aug 2026
Read4 min read

What the Q1 FY27 call signalled

2 of 3 strong

RevenueGood growth
MarginMargins steady
CapexCapex planned

The short version

Hindustan Zinc targets refined metal production of 1.1 million tons for FY27, with quarterly volumes expected to increase progressively (e.g., 280 KT in Q4). Hindustan Zinc projects strong growth supported by operational excellence and strategic growth projects.

From Hindustan Zinc's Q1 FY27 earnings-call transcript · updated 25 Aug 2026.

Revenue & Sales Performance

Good growth
  • Hindustan Zinc targets refined metal production of 1.1 million tons for FY27, with quarterly volumes expected to increase progressively (e.g., 280 KT in Q4).
  • Silver production guidance is on track with strategic mining to maximize grades, aiming to meet the annual target of 680 tons.
  • The company aims to expand capacity with a 250 KTPA integrated zinc smelter and additional mines, expecting around 650 KT total capacity within 36 months post-board approval (expected by Q3 FY27).
  • Growth projects include a tailings reprocessing plant (expected production ~30-35 KT zinc after 24 months), hot acid leaching plant, and a fertilizer plant (phosphoric acid plant commissioning expected in Q2 FY27).

2 more points management made on revenue & sales performance

Profitability & Margins

See what Hindustan Zinc said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

Capex planned
  • Full year capex guidance for growth projects is USD 500-600 million.
  • In Q1 FY27, capex spent was around INR 800 crores.
  • Key growth projects underway:
  • 250 KTPA integrated zinc smelter at Debari; mine development activities started.
  • Tailings reprocessing plant construction started; expected 30-35 KT zinc production with a 24-month build period and 6-8 months ramp-up.
  • Hot acid leaching plant at Dariba and fertilizer plant at Chanderiya on track to complete by Q2 FY27.
  • Proposed new zinc and lead smelter capacity totaling 650 KT under conceptualization.
  • Estimated capex approx INR 24,000-25,000 crores.
  • Expected construction timeline: 36 months post board approval, targeted in Q3 FY27.

2 more points management made on capital expenditure plans

Top-ranked in Non - Ferrous Metals

Ranked on what management guided this quarter

5x potential
1Dec.Gold Mines
Rev 2Mar 2
2Hindalco Inds.
Rev 2Mar 3
3
Rev 2Mar 3
4
Rev 2Mar 3
5
Rev 3Mar 1
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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what Hindustan Zinc said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

The provided transcript and pages from Hindustan Zinc Limited's Q1 FY27 earnings call do not contain any specific information or mention regarding the company's current or expected order book or pending orders. The discussions focus mainly on: - Financial performance and metal production guidance. - Cost of production and byproduct realizations. - Growth projects including zinc smelter, tailings recycling plant, fertilizer plant timelines. - Hedging positions and commodity prices.

2 more points management made on order book & pipeline

Hindustan Zinc — Quarterly revenue & net profit

Revenue Net profit
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹13.5K Cr, net profit ₹5.0K Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

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  • MMP Industries Ltd (Q1 FY27)

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🔎 Who's planning the most growth?

Companies ranked by management's own guidance — revenue, margins, capex and order book, from every earnings call in India.

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Frequently Asked Questions

What were Hindustan Zinc Q1 FY27 results?

Hindustan Zinc targets refined metal production of 1.1 million tons for FY27, with quarterly volumes expected to increase progressively (e.g., 280 KT in Q4). Hindustan Zinc projects strong growth supported by operational excellence and strategic growth projects.

What is Hindustan Zinc share price analysis?

Hindustan Zinc currently shows a moderate growth signal based on ranking data. The stock trades at a P/E of 14.9 with a market cap of ₹251,364 Cr. Investors should review the full earnings analysis for detailed insights.

Is Hindustan Zinc planning capital expenditure?

Full year capex guidance for growth projects is USD 500-600 million.

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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.