Hindustan Zinc FY26: Revenue ₹13,824 Cr, Profit ₹5,033 Cr

Stock snapshot and what changed

Hindustan Zinc Ltd. shares last traded at ₹518.05 as on 25 Jun, 2026 at 03:59 PM IST. The stock was down 4.42% versus the previous share price of ₹541.95, based on the data provided. The trailing twelve month (TTM) EPS was listed at 32.74. The market move came alongside a fresh set of financial snapshots highlighting both near-term momentum and a slower multi-year growth profile. Investors typically track this combination closely because it shows whether recent performance is structurally improving or driven by a short cycle.

FY26 headline financials (March 2026)

For MAR ’26, Hindustan Zinc reported revenue of ₹13,824 crore, up 22.63%. Profit for the same period was ₹5,033 crore, up 28.52%. The company’s net margins were stated at 35.3%, and return on equity was reported at 61.1%. These figures suggest a high profitability profile in the context of metals and mining, where margins can be cyclical. The update also included a revenue growth comparison where annual revenue growth of 19.59% outperformed its 3-year CAGR of 5.67%.

TTM growth indicators: revenue and profit

The data set highlighted TTM growth rates that stand out versus longer-term averages. Revenue growth over 1 year (TTM) was listed at +48%, while the 3-year revenue CAGR was +6%. Profit growth over 1 year (TTM) was +68%, compared with a 3-year profit CAGR of +10%. Such a gap between recent growth and multi-year CAGR is often where the market focuses its questions on sustainability. It also provides context for why quarterly and nine-month numbers are tracked so closely.

Quarterly performance cues from the same dataset

Alongside annual numbers, the snapshot showed operational momentum with quarterly comparisons. Revenue was shown at 13,544 with QoQ growth of 23.35% and YoY growth of 49.05% in the same block of data. Gross profit was listed at 6,658, with QoQ growth of 30.37% and YoY growth of 74.93%. Net profit was 5,033, with QoQ growth of 28.52% and YoY growth of 67.60%. While the dataset does not explicitly label the exact quarter for each of these lines, the combination aligns with the broader theme of a strong recent run-rate.

Record quarter metrics: revenue, EBITDA and PAT

The text also cited a record quarterly revenue of ₹10,980 crore, up 28% quarter-on-quarter and 27% year-on-year. Nine-month revenue was reported at ₹27,300 crore. EBITDA for the quarter was described as the highest-ever at ₹6,087 crore, up 36% QoQ and 34% YoY, with a 55% EBITDA margin. Profit after tax (PAT) surged 48% sequentially to ₹3,916 crore, and nine-month PAT was stated at ₹8,799 crore. Basic and diluted EPS for Q3 FY26 was ₹9.27, up from ₹6.34 in Q3 FY25.

Profit growth and EPS trail in the provided tables

One table listed PAT Growth (%) values over five periods as 47.83, 18.58, -25.61, 12.14, and 15.08. The same dataset also showed earnings per share history, listing Basic EPS (Rs.) at 33, 25, 18, 25, and 23, and Diluted EPS (Rs.) at 33, 25, 18, 25, and 23. Separately, a quarterly table for diluted EPS showed 5.51 (Sep ’24), 6.34 (Dec ’24), 7.11 (Mar ’25), 5.29 (Jun ’25), and 6.27 (Sep ’25). Taken together, these numbers point to variability typical of commodity-linked earnings, even when the broader trend is positive.

Operational and cost highlights from the September 2025 disclosure

A separate disclosure dated October 17, 2025, covered the second quarter and half-year period ended September 30, 2025. Hindustan Zinc reported a record second-quarter mined metal output of 258 Kt and its lowest zinc production cost (excluding royalty) in five years at $194 per tonne. Revenue from operations for that quarter was reported at US$979 million, up 10$ 512 million, up 16% QoQ and 7% YoY, with an EBITDA margin stated at 52%. PAT was US$ 303 million, up 19% QoQ and 14% YoY, and silver was said to contribute around 40% of overall profitability. The note also mentioned total shareholder returns of 7% during the quarter.

How Hindustan Zinc compares on earnings growth

The dataset stated that Hindustan Zinc has been growing earnings at an average annual rate of 4.4%, while the Metals and Mining industry saw earnings growing at 18% annually. Revenues were described as growing at an average rate of 6% per year. This contrast is important because it frames recent strong TTM growth against a slower longer-term baseline in the same materials cycle. It also helps explain why investors track both CAGR and recent run-rates in tandem.

Key numbers at a glance

Market impact and why the mix of numbers matters

The stock’s fall to ₹518.05 despite strong reported growth metrics highlights how pricing often reflects more than headline results. Markets commonly look at whether high QoQ and YoY growth rates can persist when compared with 3-year CAGR figures, which were much lower in the provided data. Investors also weigh profitability markers such as a 55% EBITDA margin for the cited record quarter and net margins of 35.3% against commodity price sensitivity. The operational disclosure around mined metal output (258 Kt), cost ($194 per tonne), and silver’s contribution (around 40% of profitability) adds another layer because it links financial outcomes to underlying operational levers.

Conclusion

Hindustan Zinc’s dataset shows a period of sharp recent growth, including FY26 revenue of ₹13,824 crore and profit of ₹5,033 crore, alongside strong TTM revenue and profit expansion. At the same time, longer-term CAGR numbers and the stock’s short-term decline to ₹518.05 underline that markets are also assessing durability, not just momentum. The next key checkpoints for investors, based on the information provided, remain upcoming quarterly updates that can confirm whether record revenue, EBITDA, and PAT levels are maintained.