Hindustan Zinc Limited · NSE:HINDZINC
Hindustan Zinc — Investor Presentation (August 2025)
33 slides from Hindustan Zinc's investor presentation, Aug 12, 2025
Slide 1: Exchange filing cover letter under Regulation 30
HZL/2025-26/SECY/72 August 12, 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 A
Slide 2: Hindustan Zinc Limited Investor Presentation August 2025
Accelerating Momentum Embracing Opportunities... ...With Metals That Matter Hindustan Zinc Limited World’s Largest Integrated Zinc Producer Investor Presentation August 2025 Sensitivity: Internal (C3)
Slide 3: Cautionary Statement and Disclaimer
Cautionary Statement and Disclaimer The views expressed here may contain information derived from publicly acquired businesses; and from numerous other matters of national, available sources that have not been independently verified. regional and global scale, including those of environmental, clima
Slide 4: Presentation Outline
Presentation Outline 04 13 14 16 18 23 28 29 30 31 32 Hindustan Financial Growth Executive Group Zinc’s Performance Then & Project Leadership Structure of Distinct Now Showcasing Hindustan Update Team Hindustan Our Competitive ESG Key Industry Zinc’s Vision, Zinc Reporting Advantage Overview Takeway
Slide 5: Hindustan Zinc's Distinctive Competitive Advantage
Hindustan Zinc’s Distinctive Competitive Advantage Smelting Capacity Zinc Smelting 913,000 TPA Total R&R Ore production 453.2 Mt 16.33 Mt Lead Smelting 210,000 TPA Silver Refining 800 TPA Metal capacity Total captive capacity 1.12 Mt 625.16 MW Note: all data are as on 31st Mar’2025 4 Sensitivity: In
Slide 6: Irreplaceable Tier-1 Asset Base with Leading presence in India
Irreplaceable Tier-1 Asset Base with Leading presence in India World’s largest underground mine Rampura Agucha Mine Chanderiya Smelting Complex Reserves : 46.8 Mt Pyrometallurgical Lead Zinc Smelter: 105,000 tpa Zinc Resources : 20.8 Mt and 90,000 tpa Lead Reserve Grade : Zn 10.7%, Pb 1.1% Hydrometa
Slide 7: About Six Decades of Expertise in Mining and Smelting
About Six Decades of Expertise in Mining and Smelting Integrated Operations 2016 2018 2024 2025 • HZL shared a Special • RAM - complete • Ranked #1 in S&P Global Corporate • Record metal production dividend of 1200% transition from OC to UG Sustainability • World’s largest integrated zinc producer w
Slide 8: Invested in Metals Of Future | Enabling the Energy Transition needs
Invested in Metals Of Future | Enabling the Energy Transition needs Rising deployment of clean energy technologies is set to supercharge demand for critical minerals Zinc building a greener future Silver’s crucial role in achieving the net zero world Silver plays a dual role as an industrial metal a
Slide 9: Hindustan Zinc's Leadership Position in India
Hindustan Zinc’s Leadership Position 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 Si
Slide 10: Well placed to harness India's Growth Momentum
Well placed to harness India’s Growth Momentum Continue to capture c.77% market share in India’s primary zinc market Indian Steel Production and Zinc Demand 166-170 144 152 120 127 104 852 900-950 Zinc Demand Outlook 774 814 649 655 • Strengthening domestic zinc demand on FY21 FY22 FY23 FY24 FY25 FY
Slide 11: Hindustan Zinc's Unique Positioning Globally
Hindustan Zinc’s Unique Positioning Globally World’s Largest Integrated Zinc Producer World’s 2nd Ranked 1st Largest in Metals & Mining sector Hindustan Zinc in S&P Global CSA 2024 Zinc Reserves & for the 2nd consecutive Peer 2 Resources year Peer 3 With Asia’s first Peer 4 25+ years of low carbon ‘
Slide 12: 2nd Highest Zinc R&R Base Globally with 25+ Years of Mine Life
2nd Highest Zinc R&R Base Globally with 25+ Years of Mine Life Focused exploration to expand our reserves and resources base to support our future growth Increased the Total R&R by over 40% net of Increased to over 3x metal reserves as production in last 5 years compared to FY20 on net of production
Slide 13: Among World's Top 5 & India's Only Primary Silver Producer
Among World’s Top 5 & India’s Only Primary Silver Producer Growth Global Leadership Hindustan Zinc is India’s only silver producer and is Silver production grew over 20x in last 2 decades now among the top 5 largest silver producers Continues to contribute significantly to the profitability, i.e., g
Slide 14: Showcasing Industry Leading Operational Performance
Showcasing Industry Leading Operational Performance Hindustan Zinc delivered strong growth in comparison to major global zinc players 5-Year CAGR of Mined Metal (kt) 5-Year CAGR of Refined Metal (kt) 4% • Hindustan Zinc’s production 4% 3% has grown at an industry 1% leading CAGR of around 4% in mine
Slide 15: Resilient Business Model Delivers Robust Profitability
Resilient Business Model Delivers Robust Profitability Consistent Delivery Backed by Operational Excellence, Technological Advancements and Cost Optimization Revenue (₹ Cr) Zinc COP ex Royalty ($/T) Key Highlights 34,098 34,083 1,257 29,440 28,932 1,122 1,117 1,052 1,010 • Strong profitability under
Slide 16: Strong Shareholder Value Creation since Disinvestment
Strong Shareholder Value Creation since Disinvestment Hindustan Zinc is among the top Indian metal companies with superior total shareholder returns Total Shareholder Returns per Share Ranked 3rd under Nifty Metal Index Based on market capitalization of ₹195k Cr^ Capital Dividend Total Appreciation
Slide 17: Hindustan Zinc's Vision, Mission & Growth Narrative
Hindustan Zinc’s Vision, Mission & Growth Narrative Vision to be the world’s largest and most admired Zinc, Lead & Silver Company 01 02 03 Capacity Expansion Expanding VAP Portfolio Cost Optimization ▪ Roaster of 160 ktpa at Debari ▪ Ramp up of 30 kt Alloy plant to full capacity ▪ Efficient ore haul
Slide 18: Hindustan Zinc's Vision, Mission & Growth Narrative
Hindustan Zinc’s Vision, Mission & Growth Narrative Mission to enhance stakeholder value, be the lowest cost producer & maintain market leadership 04 05 Strengthening Precious metal Portfolio Sustainable Future ▪ USD 1 Bn investment towards climate change ▪ Fumer achieved 59% of capacity utilization
Slide 19: Moving Towards 2x Growth | Long Term Value Creation
Moving Towards 2x Growth | Long Term Value Creation Existing Board Capacity Post Proposed Plan Expansion Area UOM Capacity Approval (Phase I) Phase I Expansion for 2x Growth Mining & Milling Capacity Rampura Agucha & Kayad 6.5 1.3 7.8 8.0 Sindesar Khurd 6.5 6.5 8.0 Rajpura Dariba Mtpa 1.1 2.5 3.6 6.
Slide 20: 2x Growth | 250 Ktpa Integrated Metal Expansion
2x Growth | 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 Existing (Kt)* Propo
Slide 21: 2x Growth | Key Takeaways
2x Growth | Key Takeaways FY2026 +250 Ktpa 2x Guidance# Expansion Expansion Refined Metal 1,379 2,000 1,100 ± 10 (Kt) Saleable Silver^ 750 1,500 700 - 710 (MT) Cost of Production 1,025 - 1,050 1,000 1,000 ($/MT) Revenue 62k - 65k (₹ Cr) 32k - 33k 40k - 42k EBITDA 34k - 36k (₹ Cr) 17k - 17.5k 21k - 2
Slide 22: Growth Project Update
Growth Project Update 01 02 03 04 160 Ktpa Roaster 21 Ktpa Cell House Hot Acid Leaching 510 Ktpa Fertilizer at Debari Debottlenecking Plant Plant ▪ Essential part of the ▪ Debottlenecking at ▪ Implementing an ▪ Fertilizer Plant at process of producing Dariba Smelting innovative technology for Chande
Slide 23: 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 - Lithium, Cobalt, Tungsten, REEs, Potash, etc, aiming for clean Tungsten, Potash and Rare Earth Elements energy, electronics, EV, and defence
Slide 24: Hindustan Zinc is now an ICMM member
Hindustan Zinc is now an ICMM member First Indian Company to join International Council on Mining and Metals (ICMM), a global industry body India’s 1 and Asia’s 2 st that brings together leading performance in the sector to have the ICMM membership nd and associations to improve sustainable developm
Slide 25: World Leader in Sustainability in Metals & Mining sector
World Leader in Sustainability in Metals & Mining sector Ranked 1st 4.0 31.3 A- S&P CSA 2024 FTSE4Good Sustainalytics CDP 2nd consecutive year Environment: 3.9 Score improved to 31.3 Recognized with Social: 4.0 in 2024 vs 47.0 in 2021 Leadership Band Featured in Top 1% in S&P Scores of A- in Water G
Slide 26: Sustainability Goals 2030
Sustainability Goals 2030 Climate Change & Circular Economy & Water Biodiversity Decarbonization Material Stewardship Stewardship Conservation 2030 Targets 2030 Targets 2030 Targets 2030 Targets ▪ Reduction of emissions: ▪ Achieve near to Zero waste ▪ 50% reduction in freshwater ▪ Halt and reverse b
Slide 27: Sustainability Goals 2030
Sustainability Goals 2030 Ensuring Diversity & Responsible Social Zero Harm Inclusion Sourcing Performance 2030 Targets 2030 Targets 2030 Targets 2030 Targets ▪ Zero Fatality and 100% ▪ Increase gender diversity to ▪ 100% active supplier evaluation ▪ Management plans basis Social & elimination of hi
Slide 28: 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 Health, Water & Sustainable Sports & Culture Sanitation Livelihood 7 Initiatives 14 Initiatives 3 Initiatives 11 Initiatives 3,80,000+ Beneficiar
Slide 29: Executive Leadership Team
Executive Leadership Team Arun Misra Kishore S Chief Executive Officer Chief Operating Officer Composition of our Chairman of International Zinc Association Over 26 years of experience in mining leadership team (IZA) and Vice Chairman of Confederation of industry with expertise in mine operations, I
Slide 30: Key Takeaways
Key Takeaways 1.2 Mtpa metal Silver Exclusive c.77% market Near term outlook* 2nd highest 70%+ power at US$ 1,000/t expansion: focus on share in India’s sourcing through zinc R&R base ▪ Mined metal: 1,125 (±10) Ktpa cost; Recycling: primary zinc renewable Target of globally with market sources Growt
Slide 31: 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 32: Our Reporting Suite
Our Reporting Suite Integrated Digital Integrated Sustainability Annual Report Annual Report Report 2023-24 2024-25 2023-24 Climate Action Tax Transparency TNFD Report Report 2024 Report 2024-25 2024-25 31 Sensitivity: Internal (C3)
Slide 33: Then & Now
Then & Now Conventional drill rig Electric locomotive operation Drilling by hand- held hammer Mucking by auto loader Manual cell house Modern drill rig, drilling machine, LPDT, hi-tech cell house, robotic operations 32 Sensitivity: Internal (C3)