Hindustan Zinc Limited · NSE:HINDZINC
Hindustan Zinc — Q1 FY2026 Earnings Presentation
34 slides from Hindustan Zinc's earnings presentation, Jul 18, 2025
Slide 1: Exchange filing cover letter - Investor Presentation
HZL/2025-26/SECY/54 July 18, 2025 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, 5th Floor Plot No., C/l, G Block Dalal Street, Fort Bandra-Kurla Complex, Bandra (East), Mumbai – 400 001 Mumbai – 400 051 Kind Attn: General Manager – Department Kind Att
Slide 2: Hindustan Zinc Limited Earnings Presentation 1Q FY26
Hindustan Zinc Limited The World’s Largest Integrated Zinc Producer EARNINGS PRESENTATION 1Q FY26
Slide 3: Cautionary Statement and Disclaimer
Cautionary Statement and Disclaimer The views expressed here may contain information derived from publicly available sources that have not been independently verified. No representation or warranty is made as to the accuracy, completeness, reasonableness, or reliability of this information. Any forw
Slide 4: Index of Contents
Index of Contents Unique positioning in Metals & Mining and Energy Transition Space 04 Sustainability Update 06 Market Update and Operational Review 11 Growth Projects 17 Financial Review 22 Appendix 26 3 HINDUSTAN ZINC LIMITED – 1Q FY26 INVESTOR PRESENTATION Sensitivity: Internal (C3)
Slide 5: Unique Positioning in Metals & Mining and Energy Transition Space Globally
Unique Positioning in Metals & Mining and Energy Transition Space Globally World’s Largest Integrated Zinc Producer World’s 2nd Ranked 1st Hindustan Zinc Largest in Metals & Mining sector in S&P Global Zinc Reserves & CSA 2024 for the 2nd Peer 2 Resources consecutive year Peer 3 With Asia’s first Pe
Slide 6: Our Unique Leadership Positioning In India
Our Unique Leadership Positioning In India Well Positioned to Capitalize on the Country’s Strong Growth Trajectory India’s only c.77% domestic Consistently India’s only India’s only integrated primary zinc integrated primary Zinc rated AAA by market share with producer of Zinc Alloy and listed Silve
Slide 7: Mr. Arun Misra, CEO
Mr. Arun Misra CEO 6
Slide 8: Launched Our Sustainability Goals 2030
Launched Our Sustainability Goals 2030 Diversity & Inclusion Increased gender diversity to Climate Change & 30%, with a strong focus on Ensuring Zero Harm Decarbonization decision making-roles Contribute to reach Aim to reduce ▪ Zero fatality ▪ Scope 1 & 2 emissions by 50% ▪ 100% elimination of high
Slide 9: Key ESG Highlights During The Quarter
Key ESG Highlights During The Quarter Health Circular Water Environment Biodiversity &Safety Economy 1st Underground Mass plantation Invests ₹ 5 c es Signed MoU with Achieved Occupational drive & activities. to develop the EcoPro Earth for 3.32 times Health Centre at Pledged for 1.5 Baghdarrah susta
Slide 10: Leveraging Technology For Strengthening Safety & Governance
Leveraging Technology For Strengthening Safety & Governance Predictive Maintenance with IIoT Zinc Freight Bazaar Tele-Remote Bore Raising ▪ Early fault detection in critical ▪ Advanced digital logistics platform ▪ Sindesar Khurd has become the rotating equipment in smelters offering agile, transpare
Slide 11: Empowering Communities, Changing Lives
Empowering Communities, Changing Lives Benefitting c.2.3 million lives across 2,362 villages through c.50 initiatives across 7 verticals in FY25 Education Sustainable Livelihood Community Asset Creation Environment & Safety 7 Initiatives 3 Initiatives 4 Initiatives 8 Initiatives 3,80,000+ Beneficiar
Slide 12: Market Update and Operational Review
MARKET UPDATE AND OPERATIONAL REVIEW Mr. Arun Misra CEO
Slide 13: Well Placed to Harness India's Growth Momentum
Well Placed to Harness India’s Growth Momentum Indian Steel Production and Zinc Demand Zinc Demand 166-170 144 152 Outlook 120 127 104 774 814 852 900-950 • Strengthening domestic zinc 649 655 demand on back of consistently growing domestic steel production, FY21 FY22 FY23 FY24 FY25 FY26e which will
Slide 14: Global Market Update - Base Metal | Zinc & Lead
Global Market Update - Base Metal | Zinc & Lead Despite the volatile global economic scenario, zinc & lead Zinc & Lead prices are forecasted to stay resilient prices closed at $2,764/MT & $2,025/MT, respectively despite some expected surplus Zinc and Lead Prices Zinc Price Outlook 3,484 3,050 2,838
Slide 15: Global Market Update - Precious Metal | Silver
Global Market Update - Precious Metal | Silver Sustained deficit in near future from growing industrial Increased industrial demand and deficit in the market use, supported by renewable energy & other emerging uses supported the silver price movement, up by 17% YoY in automotive, electronics & 5G ap
Slide 16: Sustainable Operational Performance | Among Lowest Cost Producers Globally
Sustainable Operational Performance | Among Lowest Cost Producers Globally Mined Metal Refined Metal Zinc COP ($/t)* Production (kt) Production (kt) Lowest-ever first quarter# 310 263 265 262 270 250 1,107 994 1,010 1QFY25 4QFY25 1QFY26 1QFY25 4Q FY25 1Q FY26 1QFY25 4QFY25 1QFY26 ▪ Hindustan Zinc Al
Slide 17: India's Only Primary Silver Producer | Significant Contribution from Silver
India’s Only Primary Sil er Producer | Significant Contribution from Sil er Precious metal adding considerable value to profit HZL is India’s only Primary Sil er producer Precious metal contribution in EBIT Silver Production (MT) Grew over 20 times in last 2 decades 687 Precious Metal 41% Base Metal
Slide 18: Growth Projects
GROWTH PROJECTS Mr. Arun Misra CEO
Slide 19: Progress We Made in Growth Projects
Progress We Made in Growth Projects 160 Ktpa Roaster at Debari 510 Ktpa Fertilizer Plant* ▪ Essential part of the process of producing ▪ Fertilizer Plant at Chanderiya aims to support saleable zinc in hydrometallurgical smelters fa me s’ needs th h p d cti n and sale of DAP fertilizers currently bei
Slide 20: Moving Towards 2x Growth | 250 Ktpa Integrated Metal Expansion
Moving Towards 2x Growth I 250 Ktpa Integrated Metal Expansion Board has approved First Step Towards 2x Capacity Growth to Capture the Stronger Demand Outlook in India Refined Metal Capacity Expansion Mined Metal Capacity Expansion 250 1379 330 1510 1129 1180 Smelter Across at Debari the mines Exist
Slide 21: Foray into Critical Minerals & India's Critical Mineral Mission
Foray into Critical Minerals & India's Critical Mineral Mission Won three critical minerals blocks ▪ Central Government plans to auction 24 critical minerals - Tungsten, Potash and Rare Earth Elements Lithium, Cobalt, Tungsten, REEs, Potash, etc, aiming for clean energy, electronics, EVs, and defenc
Slide 22: Building A Resilient, Future Ready Multi-Metal Enterprise
Building A Resilient, Future Ready Multi-Metal Enterprise Maintaining a Expansion of Strengthening Building a Progressing Portfolio of Capacities Cost Leadership Diversified towards a Mines with Long Product Portfolio Sustainable Life Future Achieve UG mining Maintain cost below Scale capacities for
Slide 23: Financial Review
| SINANCIAL —— REVIEW Mr. Sandeep Modi = CFO -
Slide 24: 1Q FY26 Financial Highlights
1Q FY26 Financial Highlights Revenue EBITDA EBITDA Margin ₹ 7,771 crore ₹ 3,860 crore c.50% (4%) YoY (2%) YoY Profit after Tax Cash & Cash Earning Equivalents per share ₹ 2,234 crore ₹ 9,340 crore ₹ 5.3 (5%) YoY 23 HINDUSTAN ZINC LIMITED – 1Q FY26 INVESTOR PRESENTATION Sensitivity: Internal (C3)
Slide 25: A Focused Capital Allocation Approach
A Focused Capital Allocation Approach, Driving Disciplined Growth and Consistent Returns Across Cycles Clear Dividend Policy Maintaining Industry Investment in Growth Leading Balance sheet Projects with >18% IRR ▪ Minimum 30% of the profit after ▪ Capital expenditure to sustain ▪ Investing in capaci
Slide 26: World Class Assets Driving Growth and Long-Term Value for all Stakeholders
World Class Assets Driving Growth and Long-Term Value for all Stakeholders Invested in High quality & World’s largest Metals of Life – low-cost integrated Zinc Zinc and Silver premium asset producer Irreplaceable base with strong Will be in high margins, Precious metal Around 77% of Robust balance d
Slide 27: Appendix
26
Slide 28: EBITDA Bridge YoY (1Q FY26 vs 1Q FY25)
EBITDA Bridge YoY (1Q FY26 vs 1Q FY25) (All figures in ₹ Cr unless stated otherwise) 3,946 158 3,882 164 3,860 114 (222) (300) Market & regulatory 1Q FY25 Prices Fx Adj. EBITDA Volume Cost Marketing 1Q FY26 & others Note: All figures are at consolidated level 27 HINDUSTAN ZINC LIMITED – 1Q FY26 INVE
Slide 29: EBITDA Bridge QoQ (1Q FY26 vs 4Q FY25)
EBITDA Bridge QoQ (1Q FY26 vs 4Q FY25) (All figures in ₹ Cr unless stated otherwise) 4,816 4,405 (336) (75) 34 3,860 (535) (44) Market & regulatory 4Q FY25 Prices Fx Adj. EBITDA Volume Cost Marketing 1Q FY26 & others Note: All figures are at consolidated level 28 HINDUSTAN ZINC LIMITED – 1Q FY26 INV
Slide 30: Commodity, Currency and COP Sensitivities
Commodity, Currency and COP Sensitivities Impact of change in Commodity Prices on annual EBITDA Commodity Change Impact on EBITDA (₹ Cr) Zinc $100/MT 660-690 Lead $100/MT 130-150 Silver $1/toz 170-190 Impact of exchange rate change on annual EBITDA Currency Change Impact on EBITDA (₹ Cr) INR/USD ₹1
Slide 31: ESG Performance Score Card
ESG Performance Score Card Climate GHG intensity (Scope 1 + 2)/MT Climate Zero Harm TRIFR 2.67 2.57 Change Change 2.22 1.93 1.84 1.48 5.44 5.15 4.97 4.83 1.20 4.44 4.66 4.61 FY20 FY21 FY22 FY23 FY24 FY25 Q1FY26 FY20 FY21 FY22 FY23 FY24 FY25 Q1FY26 Water Water Withdrawal (mn m3) Social CSR Outreach (
Slide 32: Awards and Recognition | 1Q FY26
Awards and Recognition | 1Q FY26 Recognized among top Recognized at the India 500 global leaders in Risk Management sustainability in the 2nd Awards organized by Won 3 prestigious edition of the World's CNBC TV-18 for ESG accolades at the Most Sustainable risk management in the PeopleFirst HR Compan
Slide 33: Group Structure of Hindustan Zinc Limited
Group Structure of Hindustan Zinc Limited Vedanta Limited Government of India Public 61.84% 27.92% 10.24% Hindustan Zinc Limited Wholly-owned Subsidiaries Vedanta Zinc Hindmetal Hindustan Zinc Hindustan Zinc Football and Zinc India Exploration Alloys Private Fertilizers Sports Foundation Services Li
Slide 34: Thank You
THANKYOU (Y HINDUSTAN ZINC HINDUSTAN ZINC LIMITED Yashad Bhawan, Udaipur-313 004, Rajasthan T: +91 294 6604000-02 www.hzlindia.com RS vedanta ransformin: g for good Email: hzl.ir@vedanta.co.in