Hindustan Zinc revenue rises 20% to ₹40,844 crore in FY26
- Revenue rose 20% YoY to ₹40,844 crore in FY26
- EBITDA expanded 27% to ₹22,162 crore
- Net profit grew 33.6% to ₹13,832 crore
- First Indian metals company to join ICMM
- Launched EcoZen, Asia's first low-carbon zinc

*this image is generated using AI for illustrative purposes only.
Hindustan Zinc reported revenue from operations of ₹40,844 crore for FY26, marking a 20% increase year-on-year. The zinc and silver producer also recorded an EBITDA of ₹22,162 crore, reflecting a 27% expansion in operating profits during the fiscal year.
The company’s economic value retained stood at ₹17,597 crore, while profit before tax reached ₹18,508 crore. Net tax expense was ₹4,676 crore, resulting in a profit for the year of ₹13,832 crore. The board approved a dividend payout of ₹4,225 crore, contributing to the national exchequer with ₹18,855 crore in taxes and royalties.
Strategic milestones and governance
Hindustan Zinc became the first Indian metals and mining company to join the International Council on Mining and Metals (ICMM) in August 2025. This membership aligns the company with global best practices in responsible mining. Additionally, the Chanderiya Lead Zinc Smelter and Rampura Agucha Mine became India’s first sites to receive Zinc Mark certification, validating their environmental and social performance.
The company launched EcoZen, Asia’s first low-carbon zinc product, which features a carbon footprint 75% lower than the industry average. Supply agreements were signed across multiple customer segments, positioning EcoZen as a key driver for future commercial growth.
Sustainability and operational highlights
The report details significant progress towards Sustainability Goals 2030. Renewable energy share in the power mix increased to 18%, with a target of 70% by FY28. Water positivity reached 3.32x, driven by initiatives such as rainwater harvesting and treated water recycling.
| Metric | FY25 | FY26 | Change |
|---|---|---|---|
| Revenue from Operations | ₹34,083 crore | ₹40,844 crore | +20% |
| EBITDA | ₹17,450 crore* | ₹22,162 crore | +27% |
| Profit Before Tax | ₹13,553 crore | ₹18,508 crore | +36.6% |
| Net Profit | ₹10,353 crore | ₹13,832 crore | +33.6% |
Note: FY25 EBITDA derived from PBDIT less depreciation/other items as per standard reporting context or estimated based on trend if exact FY25 EBITDA not explicitly isolated in summary, but source states EBITDA ↑ 27%. Source provides FY25 Revenue ₹34,083 cr. Source does not explicitly list FY25 EBITDA absolute value in the snippet provided, only the % change for FY26. However, source lists FY25 PBDIT ₹18,371 cr. To be strictly accurate to source data provided: The source explicitly states "EBITDA (↑ 27%)" for FY26. It does not provide the absolute FY25 EBITDA figure in the text block, though it gives FY25 PBDIT. I will omit the absolute FY25 EBITDA in the table to avoid calculation, or use PBDIT if clearer. Let's stick to explicit figures.
Revised Table based on strict source availability:
| Metric | FY25 | FY26 | Change |
|---|---|---|---|
| Revenue from Operations | ₹34,083 crore | ₹40,844 crore | +20% |
| Profit Before Tax | ₹13,553 crore | ₹18,508 crore | +36.6% |
| Net Profit | ₹10,353 crore | ₹13,832 crore | +33.6% |
What the numbers show
The divergence between revenue growth (20%) and EBITDA growth (27%) indicates improved operational leverage and cost efficiency during FY26. Furthermore, the company’s free cash flow from operations stood at ₹13,337 crore, demonstrating strong cash generation capacity alongside its capital expenditure commitments for renewable energy and capacity expansion.
Historical Stock Returns for Hindustan Zinc
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.56% | +2.42% | -2.91% | -6.18% | +6.12% | 0.0% |
How will the market price EcoZen's 75% lower carbon footprint relative to standard zinc, and what premium can Hindustan Zinc sustain in global supply contracts?
What specific capital expenditure plans are required to accelerate the renewable energy share from 18% to the targeted 70% by FY28 without compromising current EBITDA margins?
How might the ICMM membership and Zinc Mark certifications influence Hindustan Zinc's ability to secure ESG-linked financing or attract international institutional investors?


































