Hindustan Zinc Limited · NSE:HINDZINC
Hindustan Zinc — Investor Presentation (May 2026)
31 slides from Hindustan Zinc's investor presentation, May 2026
Slide 1: Hindustan Zinc Limited Investor Presentation May 2026
HINDUSTAN ZINC LIMITED World’s Largest Integrated Zinc Producer Amongst Top 10 Silver Producers Globally INVESTOR PRESENTATION MAY 2026 Sensitivity: Internal (C3)
Slide 2: 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 3: Presentation Outline
Presentation Outline 04 13 15 17 22 27 28 29 30 31 Hindustan Hindustan ESG Key Our Zinc’s Zinc’s Vision, Overview Takeways Reporting Distinct Mission & Suite Financial Growth Executive Group Then & Competitive Growth Performance Project Leadership Team Structure of Now Advantage Narrative Update Hin
Slide 4: Hindustan Zinc's Distinctive Competitive Advantage
Hindustan Zinc’s Distinctive Competitive Advantage Smelting Capacity Zinc Smelting 934,000 TPA Total R&R Ore production 468.6 Mt 16.61 Mt Lead Smelting 210,000 TPA Silver Refining 800 TPA Metal capacity Total captive capacity 1.144 Mt 653.80 MW Note: all data are as on 31st Mar’2026 4 Sensitivity: I
Slide 5: 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 : 45.1 Mt Pyrometallurgical Lead Zinc Smelter: 105,000 tpa Zinc Resources : 17.7 Mt and 90,000 tpa Lead Reserve Grade : Zn 9.6%, Pb 1.5% Hydrometal
Slide 6: 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 2026 dividend of 1200% transition from OC to UG Sustainability Assessment (CSA) 2023 • World’s largest
Slide 7: 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 8: 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.74% Consistently India’s only India’s only integrated expected rated AAA by integrated primary Zinc and listed Silver domestic primary CRISIL Ratings producer of Zinc
Slide 9: Well placed to harness India's Growth Momentum
Well placed to harness India’s Growth Momentum Market leader in India’s primary zinc market Zinc Demand Outlook Indian Steel Production and Zinc Demand 182 195 152 168 127 144 120 953 1025 Zinc Demand Outlook 814 851 893 774 655 CY22 CY23 CY24 CY25 CY26e CY27e CY28e • Strengthening domestic zinc dem
Slide 10: Hindustan Zinc's Unique Positioning Globally
Unique Positioning in Metals & Mining and Energy Transition Space Globally Hindustan Zinc’s Unique Positioning Globally World’s Largest Integrated Zinc Producer World’s 2nd Largest Zinc & Lead Metal Reserves & Resources with 25+ years of mine life Hindustan Zinc Ranked 1st in Metals & Mining sector
Slide 11: 2nd Highest Zinc and Lead R&R Base Globally
2nd Highest Zinc and Lead R&R Base Globally Focused exploration to expand our reserves and resources base to support our future growth ▪ Disciplined exploration ensuring: ▪ Achieved record ore R&R of ▪ Record metal reserves* ✓ Addition of more R&R than 468.6 Mnt of 13.9 Mnt depletion ▪ Highest ever
Slide 12: Among World's Top 10 & India's Only Primary Silver Producer
Among World’s Top 10 & India’s Only Primary Silver Producer Hindustan Zinc is uniquely positioned to benefit from the silver price rally with silver surging to an all-time high of c.$118/toz during the year Growth Precious Metal Silver Wave Silver production grew over Contribution 20x in last 2 deca
Slide 13: Resilient Business Model Delivers Robust Profitability
Resilient Business Model Delivers Robust Profitability Consistent Delivery Backed by Operational Excellence, Technological Advancements and Cost Optimization Revenue (₹ Cr) Zinc COP ex Royalty ($/T) 40,844 Key Highlights 34,098 34,083 1,257 29,440 1,122 1,117 28,932 1,052 959 • Record Financial perf
Slide 14: 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 Among Top 5 in Nifty Metal & Top 40 in Nifty 100 Indices Capital Dividend Total Based on market capitalization of ₹
Slide 15: 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 ▪ 160 Ktpa Roaster at Debari commissioned ▪ Ramp up of 30 kt Alloy plant to full capacity ▪ Efficien
Slide 16: 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 ▪ Installed Fumer plant at Chanderiya for ex
Slide 17: 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 18: 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 1394 330 1510 1144 1180 Smelter Across at Debari the mines Existing (Kt) Propos
Slide 19: 2x Growth | India's First Zinc Tailings Reprocessing Plant
2x Growth | India’s First Zinc Tailings Reprocessing Plant Transforming waste into valuable resources while contributing significantly to circular economy Tailing Reprocessing Plant Key Expat Hirings for Project Execution Existing Tailing Storage Final Output Jacobus van Staden Technical Director –
Slide 20: Growth Projects Update
Growth Projects Update 01 02 03 Exploration Activities Hot Acid Leaching 510 Ktpa Fertilizer towards 2x Growth Plant Plant ▪ Target increase in metal ▪ Implementing an innovative ▪ Fertilizer Plant at Chanderiya reserves: 13.9 Mnt to 30 Mnt, technology for recovery of 27 aims to support farmers’ pri
Slide 21: Foray into Critical Minerals & India's Critical Mineral Mission
Building A Multi-metal Ecosystem Under India’s Critical Mineral Mission Foray into Critical Minerals & India's Critical Mineral Mission ▪ Central government plans to auction 24 critical minerals - Lithium, Cobalt, Tungsten, REEs, Potash, etc., aiming for clean energy, electronics, EV, and defence se
Slide 22: 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 23: Hindustan Zinc ranks 1st out of 235 Companies in ESG
Hindustan Zinc ranks 1st out of 235 Companies in ESG Ranked 1st in S&P Global Corporate Sustainability Assessment (CSA) 2025 for the 3rd consecutive year on November 5, 2025, in the Metals & Mining sector, reflecting exceptional ESG performance, transparent governance, and responsible growth practic
Slide 24: 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 25: 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 SHRIA elimination of high
Slide 26: Empowering Communities, Changing Lives
Empowering Communities, Changing Lives c.2.6 million 4,000+ 38 districts 7 Lives Benefitted Villages Covered Across 3 states Verticals Education Health, Water & Sanitation 6 Initiatives 6 Initiatives 3,37,000+ Beneficiaries 3,20,000+ Beneficiaries Sustainable Livelihood Sports & Culture 4 Initiative
Slide 27: Executive Leadership Team
Executive Leadership Team c.60% Homegrown leaders c.13% Laterally hired Arun Misra Pradeep Singh leadership Chief Executive Officer Chief HSE Officer Ex -Chairman of International Zinc Association 24+ years of experience in Occupational c.50 Years c.27% (IZA) and Ex -Chairman of Confederation of Hea
Slide 28: Key Takeaways
Key Takeaways 1.2 Mtpa metal at Silver Exclusive focus c.74% expected Near term outlook* 2nd highest 70%+ RE power less than US$ expansion: on Recycling: market share in sourcing plan zinc and Lead ▪ Mined metal: 1,150 (±10) Ktpa 1,000/t cost; India’s primary Target of Potential of R&R base Sustaina
Slide 29: Group Structure of Hindustan Zinc Limited
Group Structure of Hindustan Zinc Limited Vedanta Limited Government of India Public 60.71% 27.92% 11.37% 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 30: Our Reporting Suite
Our Reporting Suite Integrated Digital Integrated Sustainability Annual Report Annual Report Report 2024-25 2024-25 2024-25 Climate Action Tax Transparency TNFD Report Report 2024-25 Report 2024-25 2024-25 30 Sensitivity: Internal (C3)
Slide 31: 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 31 Sensitivity: Internal (C3)