Hindustan Zinc Ltd
Hindustan Zinc Q3 FY26 earnings call: Revenue & Margins
Q3 FY26 earnings call: what management guided on revenue, margins and order book.
The short version
Hindustan Zinc is advancing its 2x growth projects: a 250,000 tons per annum integrated zinc smelter at Debari and a tailings reprocessing plant at Rampura Agucha, targeted for completion by Q2 FY '29 and Q4 FY '28 respectively. Hindustan Zinc is progressing on 2x growth projects: a 250,000 tons per annum integrated zinc smelter at Debari and a tailings reprocessing plant at Rampura Agucha, expected by FY '28 and FY '29.
From Hindustan Zinc Ltd's Q3 FY26 earnings-call transcript · updated 23 Aug 2026.
Revenue & Sales Performance
- Hindustan Zinc is advancing its 2x growth projects: a 250,000 tons per annum integrated zinc smelter at Debari and a tailings reprocessing plant at Rampura Agucha, targeted for completion by Q2 FY '29 and Q4 FY '28 respectively.
- The company remains confident in achieving silver production guidance (~680 tons) in FY '26, expecting Q4 to be strong seasonally.
- Zinc-lead mode operations will continue to maximize production without shifting concentrate sales strategy.
- Growth capex for FY '26 is projected around $300 million, with focus on capacity enhancement and operational efficiency.
- Expected sustained cost of production is $950 to $1,000 per ton, enabling competitive pricing.
2 more points management made on revenue & sales performance
Profitability & Margins
See what Hindustan Zinc Ltd said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- Key EPC partners have been locked in for two major 2x growth projects:
- 250,000 tons per annum integrated zinc smelter at Debari
- Tailings reprocessing plant at Rampura Agucha
- Groundwork for these projects has started, including clearing and preparation for construction
- Expected completion timelines:
- Tailings reprocessing plant by Q4 FY '28
- Zinc smelter by Q2 FY '29
- Growth capex spend as of December stands at ~$180 million; expected full-year spend around $300 million
2 more points management made on capital expenditure plans
Top-ranked in Non - Ferrous Metals
Ranked on what management guided this quarter
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 Ltd said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
2 more points management made on order book & pipeline
Hindustan Zinc Ltd — Quarterly revenue & net profit
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.
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What Hindustan Zinc Ltd's management said in earlier quarters
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Frequently Asked Questions
What were Hindustan Zinc Ltd Q3 FY26 results?
Hindustan Zinc is advancing its 2x growth projects: a 250,000 tons per annum integrated zinc smelter at Debari and a tailings reprocessing plant at Rampura Agucha, targeted for completion by Q2 FY '29 and Q4 FY '28 respectively. Hindustan Zinc is progressing on 2x growth projects: a 250,000 tons per annum integrated zinc smelter at Debari and a tailings reprocessing plant at Rampura Agucha, expected by FY '28 and FY '29.
What is Hindustan Zinc Ltd share price analysis?
Hindustan Zinc Ltd currently shows a neutral. The stock trades at a P/E of 14.0 with a market cap of ₹237,421 Cr. Investors should review the full earnings analysis for detailed insights.
Is Hindustan Zinc Ltd planning capital expenditure?
Key EPC partners have been locked in for two major 2x growth projects: - 250,000 tons per annum integrated zinc smelter at Debari - Tailings reprocessing plant at Rampura Agucha - Groundwork for t
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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.