Hindustan Zinc Limited — Quarter and year ended 31 March 2026 (Q4 FY26)
| Name of the Issuer | ISIN | Mode of Fund Raising (Public issues/ Private placement) | Type of instrument | Date of raising funds | Amount Raised | Funds utilized | Any deviation (Yes/ No) | If 8 is Yes, then specify the purpose of for which the funds were utilized | Remarks, if any |
|---|---|---|---|---|---|---|---|---|---|
| Hindustan Zinc Limited | INE267A08061 | Private placement | 42,000 Unsecured Redeemable Rated Listed Non-Convertible Debentures of face value Rs. 1,00,000/- each aggregating upto Rs. 420 Crores | February 02, 2026 | Rs. 420 Crores | Rs. 420 Crores | No | Not Applicable | Not Applicable |
| Hindustan Zinc Limited | INE267A08053 | Private placement | 98,000 Unsecured Redeemable Rated Listed Non-Convertible Debentures of face value Rs. 1,00,000/- each aggregating upto Rs. 980 Crores | February 02, 2026 | Rs. 980 Crores | Rs. 980 Crores | No | Not Applicable | Not Applicable |
| Particulars | Remarks |
|---|---|
| Name of listed entity | Hindustan Zinc Limited |
| Mode of fund raising | Private placement |
| Type of instrument | Non-convertible Debentures |
| Date of raising funds | February 02, 2026 |
| Amount raised | Rs. 1400 crore |
| Report filed for quarter ended | March 31, 2026 |
| Is there a deviation/ variation in use of funds raised? | No |
| Whether any approval is required to vary the objects of the issue stated in the prospectus/ offer document? | Not Applicable |
| If yes, details of the approval so required? | Not Applicable |
| Date of approval | Not Applicable |
| Explanation for the deviation/ variation | Not Applicable |
| Comments of the audit committee after review | Not Applicable |
| PARTICULARS | Quarter ended 31.03.2026 Audited (Refer note 7) | Quarter ended 31.12.2025 Unaudited | Quarter ended 31.03.2025 Audited (Refer note 7) | Year ended 31.03.2026 Audited | Year ended 31.03.2025 Audited |
|---|---|---|---|---|---|
| Revenue from operations | |||||
| a. Revenue | 12,692 | 10,627 | 8,829 | 39,192 | 33,041 |
| b. Other operating revenue | 852 | 353 | 258 | 1,652 | 1,042 |
| Total Revenue from operations (a+b) | 13,544 | 10,980 | 9,087 | 40,844 | 34,083 |
| Other income | 280 | 293 | 227 | 1,090 | 983 |
| Total Income (1+2) | 13,824 | 11,273 | 9,314 | 41,934 | 35,066 |
| Expenses | |||||
| a. Changes in inventories of finished goods & WIP | (254) | 111 | (257) | (195) | (64) |
| b. Employee benefit expense | 185 | 206 | 227 | 771 | 886 |
| c. Depreciation and amortisation | 1,048 | 947 | 1,014 | 3,790 | 3,640 |
| d. Power and fuel | 627 | 648 | 673 | 2,553 | 2,702 |
| e. Mining royalty | 1,710 | 1,322 | 1,161 | 4,948 | 4,103 |
| f. Finance costs | 187 | 195 | 251 | 881 | 1,095 |
| g. Other expenses | 3,570 | 2,639 | 2,463 | 10,703 | 9,068 |
| Total expenses | 7,073 | 6,068 | 5,532 | 23,451 | 21,430 |
| Profit before tax and exceptional items | 6,751 | 5,205 | 3,782 | 18,483 | 13,636 |
| Exceptional items (refer note 5) | – | 25 | – | 25 | (83) |
| Profit Before Tax | 6,751 | 5,230 | 3,782 | 18,508 | 13,553 |
| Tax Expense | |||||
| – Current tax | 1,719 | 1,233 | 802 | 4,599 | 3,226 |
| – Deferred tax | (1) | 81 | (23) | 77 | (26) |
| Net Tax Expense | 1,718 | 1,314 | 779 | 4,676 | 3,200 |
| Net Profit | 5,033 | 3,916 | 3,003 | 13,832 | 10,353 |
| Other Comprehensive Income/(Loss) | |||||
| (i) (a) Items that will not be reclassified to profit or loss | 1 | 7 | 5 | 11 | 8 |
| (i) (b) Income tax relating to above | (2) | (3) | (1) | (4) | – |
| (ii) (a) Items that will be reclassified to profit or loss | 643 | (573) | (60) | (319) | 30 |
| (ii) (b) Income tax relating to above | (164) | 143 | 16 | 80 | (3) |
| Total Other Comprehensive Income/(Loss) | 482 | (425) | (42) | (229) | 31 |
| Total Comprehensive Income for the period/year | 5,515 | 3,491 | 2,961 | 13,603 | 10,384 |
| Paid up Equity Share Capital (face value ₹ 2 each) | 845 | 845 | 845 | 845 | 845 |
| Reserves as shown in the Audited Balance Sheet | – | – | – | 21,784 | 12,481 |
| Earnings Per Share in ₹ (of ₹ 2 each) (not annualised except for year ended March): | |||||
| a. Basic | 11.91 | 9.27 | 7.11 | 32.74 | 24.50 |
| b. Diluted | 11.91 | 9.27 | 7.11 | 32.74 | 24.50 |
| PARTICULARS | 31.03.2026 (Audited) | 31.12.2025 (Unaudited) | 31.03.2025 (Audited) | 31.03.2026 (Audited) | 31.03.2025 (Audited) |
|---|---|---|---|---|---|
| 1 Segment Revenue | |||||
| a) Zinc, Lead and Silver | |||||
| (i) Zinc, Lead, others | 8,640 | 7,932 | 7,118 | 29,216 | 26,774 |
| (ii) Silver | 4,032 | 2,676 | 1,688 | 9,841 | 6,130 |
| Total | 12,672 | 10,608 | 8,806 | 39,057 | 32,904 |
| b) Wind Energy | 20 | 19 | 23 | 135 | 137 |
| Revenue | 12,692 | 10,627 | 8,829 | 39,192 | 33,041 |
| Other Operating Income | 852 | 353 | 258 | 1,652 | 1,042 |
| Total Operating Income | 13,544 | 10,980 | 9,087 | 40,844 | 34,083 |
| 2 Segment Result | |||||
| a) Zinc, Lead and Silver | |||||
| (i) Zinc, Lead, others | 3,350 | 2,904 | 2,391 | 10,127 | 8,617 |
| (ii) Silver | 3,396 | 2,285 | 1,454 | 8,377 | 5,322 |
| Total | 6,746 | 5,189 | 3,845 | 18,504 | 13,939 |
| b) Wind Energy | 4 | – | 5 | 61 | 62 |
| Profit before interest, exceptional items and tax | 6,750 | 5,189 | 3,850 | 18,565 | 14,001 |
| Less: Interest | 187 | 195 | 251 | 881 | 1,095 |
| Add: Exceptional items (for Zinc, Lead and Silver) | – | 25 | – | 25 | (83) |
| Add: Other unallocable income net of unallocable expenditure | 188 | 211 | 183 | 799 | 730 |
| Profit before Tax | 6,751 | 5,230 | 3,782 | 18,508 | 13,553 |
| Depreciation & amortisation Expense | |||||
| a) Zinc, Lead and Silver | 1,041 | 940 | 1,007 | 3,762 | 3,612 |
| b) Wind Energy | 7 | 7 | 7 | 28 | 28 |
| Total | 1,048 | 947 | 1,014 | 3,790 | 3,640 |
| Segment Assets | |||||
| a) Zinc, Lead and Silver | 26,963 | 26,773 | 23,741 | 26,963 | 23,741 |
| b) Wind Energy | 407 | 414 | 426 | 407 | 426 |
| c) Unallocated | 15,000 | 10,536 | 10,323 | 15,000 | 10,323 |
| Total | 42,370 | 37,723 | 34,490 | 42,370 | 34,490 |
| Segment Liabilities | |||||
| a) Zinc, Lead and Silver | 8,765 | 9,248 | 7,803 | 8,765 | 7,803 |
| b) Wind Energy | 12 | 18 | 16 | 12 | 16 |
| c) Unallocated | 10,964 | 11,268 | 13,345 | 10,964 | 13,345 |
| Total | 19,741 | 20,534 | 21,164 | 19,741 | 21,164 |
| Capital Employed | 22,629 | 17,189 | 13,326 | 22,629 | 13,326 |
| S.No | PARTICULARS | Quarter ended 31.03.2026 Audited (Refer note 7) | 31.12.2025 Unaudited | 31.03.2025 Audited (Refer note 7) | Year ended 31.03.2026 Audited | 31.03.2025 Audited |
|---|---|---|---|---|---|---|
| 1 | Operating margin (%) Earning before Interest and Tax (EBIT)/Revenue from operations |
49% | 47% | 42% | 45% | 41% |
| 2 | Net Profit margin (%) Net Profit after tax (PAT) before exceptional items (net of tax)/Revenue from operations |
37% | 35% | 33% | 34% | 31% |
| 3 | Debt Service Coverage Ratio (in times) (not annualized) EBITDA and exceptional items/Interest expense on long term and short term borrowing during the period + Scheduled principal repayment of long term borrowing during the period |
4.38 | 17.66 | 3.07 | 4.96 | 4.61 |
| 4 | Interest Service Coverage Ratio (in times) (not annualized) EBITDA and exceptional items/Interest expense on long term and short term borrowing during the period |
47.92 | 31.27 | 20.50 | 26.23 | 17.32 |
| 5 | Bad debts to Account receivable ratio (%) (not annualized) Bad Debts written off/Average Trade Receivable |
– | – | – | – | – |
| 6 | Debtor Turnover ratio (in times) (not annualized) Revenue from operations/Average Trade Receivable |
37.85 | 44.63 | 42.46 | 158.31 | 250.61 |
| 7 | Inventory Turnover ratio (in times) (not annualized) Revenue from operations – EBITDA and exceptional items/ Average Inventory |
2.79 | 2.25 | 2.38 | 9.48 | 8.71 |
| 8 | Debt-Equity Ratio (in times) Debt/Net worth [Debt is long term borrowing (current & non current portion) and Short Term Borrowing] |
0.36 | 0.52 | 0.80 | 0.36 | 0.80 |
| 9 | Current Ratio (in times) Current Assets/Current Liabilities excluding current maturities of long term borrowing |
2.17 | 1.52 | 1.37 | 2.17 | 1.37 |
| 10 | Current Liability Ratio (in times) Current Liabilities (excluding current maturities of long term borrowing)/Total Liabilities |
0.39 | 0.41 | 0.40 | 0.39 | 0.40 |
| 11 | Total Debts to Total Assets (in times) Long term borrowing (current & non current portion) + Short Term Borrowing / Total Assets |
0.19 | 0.24 | 0.31 | 0.19 | 0.31 |
| 12 | Long Term Debt to Working Capital (in times) Long term borrowing (current & non current portion) / (Current Assets – Current Liabilities excluding current maturities of long term borrowing) |
0.92 | 1.94 | 2.77 | 0.92 | 2.77 |
| 13 | Net Worth (₹ in Crore) | 22,629 | 17,189 | 13,326 | 22,629 | 13,326 |
| PARTICULARS | ₹ in Crore | |
|---|---|---|
| As at 31.03.2026 | As at 31.03.2025 | |
| Audited | Audited | |
| A. ASSETS | ||
| 1. Non current assets | ||
| a) Property, plant and equipment | 19,846 | 18,485 |
| b) Capital work in progress | 3,409 | 2,606 |
| c) Intangible assets | ||
| i) Exploration intangible assets under development | 48 | 65 |
| ii) Other intangible assets | 43 |