Hindustan Zinc Q1 FY27: Record Earnings, Silver Strength and a Clear 2x Growth Roadmap

Revenue from operations was ₹13,747 crore, EBITDA was ₹8,074 crore (59% margin), and net profit was ₹5,469 crore, as per the investor presentation and press release.

Zinc cost of production excluding royalty was stated at $851 per tonne (₹80,446 per MT), and with royalty at $1,330 per tonne, per the consolidated performance summary.

Management stated that silver contributed about 46% of overall profitability in Q1 FY27.

Key board-approved projects include the 250 KTPA integrated refined metal expansion at Debari targeted for 2Q FY29, and the 10 MTPA tailings reprocessing plant targeted for 4Q FY28.

The company paid an interim dividend of ₹11 per share, with a payout amount of ₹4,648 crore, per the presentation and press release.

Yes. The CFO stated FY27 growth capex guidance of about USD500 million to USD600 million, and capex spent in Q1 was about ₹800 crore, as per the concall transcript.

Management clarified that the phosphoric acid portion is expected to be commissioned in 2Q FY27, while the full fertilizer plant is dependent on environmental clearance and approvals and is expected by Q1 of the next financial year (as stated on the concall).