HINDZINC NSE filing

Hindustan Zinc Q2 FY27 Revenue Soars 77% YoY to ₹15,093 Cr, Profit Up 142%

The RealCase readHigh impact Positive

Hindustan Zinc reported record Q2 FY27 revenue of ₹15,093 crore, up 77% YoY. Net profit surged 142% to ₹6,412 crore, with EBITDA at ₹9,285 crore. Production saw increases in mined metal (271 KT) and refined metal (264 KT). The company highlighted strong cash flow and an industry-leading EBITDA margin of 62%.

Why it matters

The announcement details record-breaking financial performance and operational achievements, which are likely to have a significant positive impact on investor sentiment and the company's stock valuation.

The market read

The company reported record-breaking financial and operational results, including significant year-on-year increases in revenue, profit, EBITDA, and production volumes, alongside improved cost efficiencies and strong cash flow generation.

Hindustan Zinc Limited announced its Unaudited Consolidated and Standalone Financial Results for the second quarter and half year ended September 30, 2026.

The company reported a record second quarter with mined metal production of 271 KT, a 5% year-on-year increase, and best-ever refined metal production of 264 KT, up 7% YoY. Zinc cost of production, excluding royalty, was $703 per tonne, a 29% YoY improvement. Silver production increased by 20% YoY to 173 tonnes. Revenue from operations reached an all-time high of ₹15,093 crore, up 77% YoY, driven by higher metal prices, increased production, better by-product realization, and a stronger dollar. The company achieved an industry-leading EBITDA margin of 62% and reported strong free cash flow of ₹6,389 crore pre-growth capex.

For the half year ended September 30, 2026, mined metal production was a record 539 KT, up 3% YoY, and refined metal production was a best-ever 524 KT, up 6% YoY. Zinc cost of production, excluding royalty, was $776 per tonne, a 23% YoY improvement. Silver production was 321 tonnes, up 10% YoY. Revenue from operations was a record ₹28,840 crore, up 77% YoY. EBITDA reached a record ₹17,359 crore, up 108% YoY, with an industry-leading margin of 60%. Net profit was a record ₹11,881 crore, up 143% YoY. Free cash flow pre-growth capex was ₹11,642 crore.

Amarendu Prakash, Chief Executive Officer, commented, "We remain focused on disciplined growth, AI-led innovation, and advancing our critical minerals portfolio to support India’s energy transition while delivering long-term stakeholder value." Amit Gupta, Chief Financial Officer, added, "Our industry-leading EBITDA margin of 62%, strong cash generation, and robust balance sheet underscore our focus on financial discipline and productivity."

In ESG highlights, renewable power consumption increased to 27% of overall power consumption, and the Zinc alloy plant now sources 100% power from renewable energy. The company also flagged off its first EV crane and partnered for EV trucks.

As of September 30, 2026, the company had gross investments and cash of ₹17,439 crore and total borrowings of ₹6,171 crore.

Filing to action

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Hindustan Zinc Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.

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Primary source

A plain-language summary of a public exchange filing by Hindustan Zinc Limited. Read the original for the full detail.

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