Hindustan Zinc Limited (HZL) is an Indian integrated mining and resources producer of zinc, lead, silver and cadmium and is a subsidiary of Vedanta Limited. Hindustan Zinc is the World's largest and India's only integrated zinc producer, establishing itself as a dominant force in the global metals industry. The company has built an impressive operational footprint across Rajasthan and beyond, making it one of the most significant players in the mining sector.
Hindustan Zinc Limited was incorporated from the erstwhile Metal Corporation of India on 10 January 1966 as a Public Sector Undertaking (PSU). Earlier it was a Central Public Sector Undertaking, sold by Government of India to Vedanta Limited when Atal Bihari Vajpayee and Bharatiya Janta Party Government was in power in the year 2003. We are a subsidiary of Vedanta Limited which owns 63.42% stake in the Company while the Government of India retains a 27.92% stake. We are listed on the NSE and BSE.
HZL is the world's second largest zinc producer and Our fully integrated zinc operations currently hold around 77% market share in India's primary zinc market. The company's operational excellence is evident in its diverse portfolio of facilities spanning multiple states.
The company operates an extensive network of mining and processing facilities. HZL operates the world's third largest open-pit mine, and the world's largest zinc mine in Rampura Agucha, Rajasthan. Other mines owned by HZL are located in Rajpura and Dariba, Sindesar Khurd, Kayad and Zawar, all in Rajasthan. HZL operates Zinc and Lead smelters and refineries at Chanderiya (Chittorgarh), Debari (Udaipur) & Dariba (Rajsamand) in Rajasthan with total zinc and lead production capacity of 10 lakh tonnes.
Its operations include five zinc-lead mines, four zinc smelters, one lead smelter, one zinc-lead smelter, eight sulfuric acid plants, one silver refinery plant, six captive thermal power plants and four captive solar plants in the state of Rajasthan. In addition, the Company also has a rock-phosphate mine in Matoon, near Udaipur in Rajasthan and zinc, lead, silver processing and refining facilities in the state of Uttarakhand.
We are amongst the top 5 silver producers globally with an annual capacity of 800 MT. The company's silver production capabilities have positioned it as a major player in the precious metals market, with Hindustan Zinc, which currently enjoys around 75 per cent share of the domestic market, is the world's third-biggest producer of silver.
India based Hindustan Zinc Limited, announced its financial results for the year ended 31st March 2025 on 25th April 2025. The company delivered exceptional financial performance in FY25, demonstrating strong operational efficiency and market positioning.
The company recorded its ever-highest annual production of mined and refined metal of 1,095 KT and 1,052 KT respectively. The company delivered robust financials with FY25 revenue soaring 18% YoY to US$ 4,031 million, which translates to INR 34,083 crores in Indian currency.
Hindustan Zinc also registered a robust FY25 EBITDA of US$ 2,066 million, up 28% YoY with an industry leading margin of c.51%, up 400 bps YoY. The company delivered robust full year profit after tax of US$ 1,224 million, up 33% YoY driven by 4-year lowest zinc cost of production at US$ 1,052/Mt.
- Revenue: INR 34,083 crores (18% YoY growth)
- Net Profit: 33% YoY growth
- EBITDA Margin: ~51% (industry-leading)
- Hindustan Zinc recorded the highest-ever Return on Capital Employed^ of 58%, best in the industry
- In FY25, Hindustan Zinc generated strong Free Cash Flow from operations (pre-capex) of US$ 1,630 million
Hindustan Zinc on Friday reported a consolidated net profit of Rs 3,003 crore in the fourth quarter ended on March 31, 2025 (Q4 FY25), up 47 per cent from Rs 2,038 crore in the year-ago period. Revenue from operations of the company, which is majority-owned by metals-to-oil conglomerate Vedanta Ltd, came at Rs 9,087 crore in Q4 FY25, a 20 per cent rise as compared to Rs 7,549 crore in the corresponding period last year.
In FY25, Hindustan Zinc delivered total shareholder returns of c.68% and ranks among the Top 3 companies in India's Nifty Metal Index with a market capitalization of US$ 23 billion. In Indian currency terms, Hindustan Zinc is among the Top 3 companies in Nifty Metal Index with market capitalization of INR 195k crores as of the FY25 results announcement.
With a total R&R base of 453.2 million tonnes and an average zinc-lead grade of 6.5%, our mine life is over 25 years. Hindustan Zinc holds the second highest zinc reserves & resources globally with 25+ years of mine life and also surpassed 13.1 Mt of metal reserves (net of 1.2 Mt production) for the first time^.
Hindustan Zinc has been recognized as the world's most sustainable company in the metals and mining category for the second consecutive year by the S&P Global Corporate Sustainability Assessment 2024, reflecting its operational excellence, innovation, and leading ESG practices.
The company has launched innovative environmental initiatives, including EcoZen, Asia's first low carbon 'green' zinc brand. Produced using renewable energy, EcoZen has a carbon footprint of less than 1 tonne of carbon equivalent per tonne of zinc produced, about 75% lower than the global average.
Hindustan Zinc is also a certified 2.41 times Water-Positive company and is committed to achieving Net Zero emissions by 2050 or sooner. The company operates significant renewable energy capacity, with At present HZL has a total green power capacity of 348 MW, made up of 274 MW of wind power, 35 MW of waste heat power and 39 MW of solar power.
Transforming the lives of 1.9 million people through its focused social welfare initiatives, Hindustan Zinc is among the Top 10 CSR companies in India. It contributed INR 18,734 crores to the exchequer during the year, up 42% YoY, demonstrating significant contribution to national revenues.
Hindustan Zinc continues to strengthen its position as a world-leading integrated metals producer, combining operational excellence with sustainable practices and strong financial performance. The company's strategic focus on innovation, sustainability, and market leadership positions it well for continued growth in the global metals market.
