Hindustan Zinc Limited  the world’s largest integrated zinc producer and among the top 10 silver producers globally, announced its financial results for the fourth quarter and year ended 31st March 2026. The company delivered a record annual performance, underpinned by efficiency-led growth, strong operational execution and sustained cost discipline. The year was characterised by record production, a structurally competitive cost base and favourable commodity conditions, marking a step-up in profitability, cash generation and reserve strength, and positioning the company for its next phase of growth.

For the full year, Hindustan Zinc reported its highest-ever revenue of Rs. 40,844 crore, up 20% YoY, and all-time high EBITDA of Rs. 22,162 crore, up 27% YoY, with an industry-leading EBITDA margin of 54%, reflecting strong operating leverage and structural cost efficiencies. Net profit for the year stood at a record Rs. 13,832 crore, up 34% YoY, supported by robust free cash flow generation of Rs. 13,337 crore (pre growth capex), reinforcing the company’s ability to deliver consistent shareholder value. In the fourth quarter, EBITDA stood at a record Rs. 7,747 crore, up 61% YoY, while net profit rose to a record Rs. 5,033 crore, up 68% YoY, supporting the strong full-year performance.

Silver prices rallied strongly over the past year, buoyed by rising demand and tightening supply dynamics linked to industrial usage, energy transition, and geopolitical uncertainty. Although prices have moderated in recent months, they remain well above prior-year levels, supporting elevated realizations across the sector and providing a meaningful boost to miners’ top lines.

Hindustan Zinc has a strong  mine-to-market capability, which enables complete control over the value chain—from exploration and mining to beneficiation, smelting, refining, and the production of finished silver bars. This vertically integrated model ensures stringent quality standards, operational efficiency, traceability, and consistent product excellence. By leveraging advanced extraction and refining processes, Hindustan Zinc continues to deliver silver products that meet international benchmarks for purity and reliability.