Hindustan Zinc Q4 results published on 24 April 2026 represent a strong quarter and financial year, with support from record production, low costs, and favourable metal prices. The company, a Vedanta Group company, saw a visible rise in profit, cash flow, and reserves in FY2026, strengthening its position for future growth.
Hindustan Zinc Q4 Overview
- The company reported a 68% year-on-year rise in consolidated net profit to around ₹5,033 crore in Q4 FY26, reflecting strong earnings growth.
- Revenue from operations increased 49% year-on-year to ₹13,544 crore, supported by higher metal prices and improved sales realisations.
- The company recorded an all-time high EBITDA of ₹7,747 crore, which rose by 61% year-on-year, indicating strong operational efficiency.
- The strong performance was mainly driven by higher zinc and silver prices, along with increased production levels during the quarter.
- Hindustan Zinc also announced an interim dividend of ₹11 per share, highlighting healthy cash generation and shareholder returns.
- Overall, the quarter reflected strong financial and operational performance, supported by favourable commodity trends and efficient cost management.
Hindustan Zinc Q4 Financial Results:
| Particulars | Q4 2025(in ₹ crore) | Q4 2026(in ₹ crore) | QoQ Growth(%) | YoY Growth(%) |
| Revenue | 9,087 | 13,544 | 23 | 49 |
| EBITDA | 4,816 | 7,747 | 27 | 61 |
| Net profit | 3,003 | 5,033 | 29 | 68 |
Hindustan Zinc Revenue & Profit
- For Q4, the company reported revenue of ₹13,544 crore in Q4 FY26, rising 49% year-on-year and 23% quarter-on-quarter, supported by higher zinc and silver prices, increased production, and improved by-product realisations.
- EBITDA for the quarter stands at ₹7,747 crore, up 61% year-on-year and 27% quarter-on-quarter, driven by strong pricing, higher production, and lower costs.
- Net profit came in at ₹5,033 crore in Q4, increasing 68% year-on-year and 29% quarter-on-quarter, in line with higher EBITDA.
Hindustan Zinc EPS (Earnings Per Share)
Hindustan Zinc reported an EPS of ₹11.90 in Q4 FY26 that rose 68% year-on-year and 29% quarter-on-quarter, reflecting strong profit growth during the quarter, supported by higher EBITDA and improved margins.
For the overall financial year, the EPS stood at ₹32.70, increasing 34% from ₹24.50 in FY2025, indicating consistent earnings growth driven by better pricing, cost efficiency, and overall operational performance.
Hindustan Zinc Capital Position
- The company reported an increase in shareholders’ funds to ₹22,629 crore in FY26 from ₹13,326 crore in FY25, driven by a rise in reserves and surplus to ₹21,784 crore, reflecting healthy profit retention.
- The company reduced its debt, with long-term borrowings at ₹4,614 crore and short-term borrowings at ₹3,638 crore, strengthening its capital base.
- Total liabilities reflect stability, with controlled non-current liabilities and only marginal changes in current liabilities, indicating disciplined capital management.
Hindustan Zinc Asset Quality
- The total assets of the company rose to ₹42,370 crore, reflecting a stable expansion in its asset base, supported by business growth.
- While fixed assets rose to ₹23,346 crore with higher capital work-in-progress, non-current assets stood at ₹25,770 crore, reflecting continued investment in core operations and a strong long-term asset base.
- Cash and cash equivalents improved to ₹319 crore, while the rise in working capital components reflects stronger business momentum.
- Overall, the asset mix indicates healthy asset quality, with growth led by productive assets and supported by efficient capital deployment and improved liquidity.
Hindustan Zinc Dividend Announcement
The company declared its first interim dividend of ₹11/equity share for FY27, with a total payout of ₹4,648 crore, reflecting strong cash generation and continued focus on shareholder returns. The record date for the dividend has been set as 30 April 2026, as per the company’s filing.
Segment Performance
| Particulars | Q4 2025(in ₹ crore) | Q4 2026(in ₹ crore) | QoQ Growth(%) | YoY Growth(%) |
| Revenue: | ||||
| Zinc | 5,856 | 6,997 | 8% | 19% |
| Lead | 1,027 | 1,153 | 11% | 12% |
| Silver | 1,688 | 4,032 | 51% | 139% |
| Others | 517 | 1,362 | 74% | 164% |
| Total: | 9,087 | 13,544 | 23% | 49% |
Market Reaction
After initially slipping on the day of the announcement, the stock gained momentum and went up by 5% as of 27 April 2026. The overall market response reflects a positive re-rating, driven by strong operational performance, improved profitability, and favourable commodity trends.
Hindustan Zinc Stock Price Movement
Hindustan Zinc shares closed at ₹592.50 on 23 April 2026 ahead of the results announcement, reflecting cautious sentiment. After the Q4 results, the stock saw a gradual pickup in momentum.
As of 27 April 2026, it surged to an intraday high of ₹615.75, rising up to 4.63%, driven by strong earnings and a dividend announcement, indicating a positive shift in investor sentiment.
Check current hindustan zinc stock price
Investment Implications
The strong earnings visibility and consistent dividend payouts of the company indicate sustained cash generation, which may support valuations over time. Its position as a low-cost producer also provides resilience across commodity cycles.
Long-Term Outlook
The company’s record production, improving margins, and favourable metal price environment indicate a stable long-term growth, supported by demand from infrastructure and industrial sectors. While its expansion plans to reach 1.59 million tonnes of zinc, 410,000 tonnes of lead, and 1,500 tonnes of silver capacity by 2030 further strengthen future growth visibility.
Short-Term Trading Opportunities
The stock rose up to ₹615.75 intraday on 27 April 2026 following the Q4 results and dividend announcement, indicating a strong near-term price reaction to earnings.
The stock was trading at ₹628.00 as of 27 April 2026, up 6.72% from the previous close of ₹592.10, reflecting continued buying interest after the results.
In the short term, price movement appears closely linked to earnings momentum and metal price trends, particularly silver, which has historically influenced the stock’s direction.
Final Thoughts
Hindustan Zinc’s Q4 FY26 results reflect a strong improvement in earnings, supported by higher metal prices, operational efficiency, and steady production growth. The rise in profitability, stable balance sheet, and consistent dividend payout highlight financial strength. With ongoing capacity expansion and favourable commodity trends, the company remains well-positioned to sustain its performance trajectory in the coming periods.
Other Recent Quarter 4 2026 Results
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| Nestle Q4 Results | Jio Financial Q4 Results |
FAQs
Hindustan Zinc reported a net profit of ₹5,033 crore in Q4 FY26, reflecting a strong 68% year-on-year increase. The growth was driven by higher zinc and silver prices, improved production levels, and strong operating performance, which together supported a significant rise in overall profitability during the quarter.
Hindustan Zinc announced an interim dividend of ₹11 per equity share for FY27, amounting to a total payout of ₹4,648 crore. The dividend reflects the company’s strong cash generation and its continued focus on delivering consistent returns to shareholders through regular distributions.
The company’s total assets rose to ₹42,370 crore, supported by growth in fixed assets, capital work-in-progress, and current investments. This increase indicates continued investment in core operations and improved working capital, reflecting stable asset quality and alignment with higher business activity during the period.
Following the Q4 FY26 results, Hindustan Zinc’s stock showed a positive reaction, gaining momentum after the announcement. By 27 April 2026, the stock rose to an intraday high of ₹615.75, supported by strong earnings and dividend declaration, indicating improved investor sentiment in the near term.
