Hindustan Zinc Ltd — FY25 Financial Highlights & Strategic Positioning

FY25 Full-Year Performance • Revenue rose ~18% year-on-year to about ₹34,083 crore. • Earnings before interest, tax, depreciation and amortisation (EBITDA) grew ~28% YoY to ~₹17,465 crore. EBITDA margin improved ~400 basis points to ~51%. • Profit after tax (PAT) was ~₹10,353 crore, up ~33% compared to the prior year. Q4 FY25 / Recent Quarter Highlights • Q4 revenue was ~₹9,087 crore, up ~20% YoY. • Q4 EBITDA was ~₹4,816 crore, up ~32%, and margin was ~53%, up about 500 basis points from the previous year’s quarter. • Q4 profit (PAT) came in at ~₹3,003 crore, a 47% increase YoY. Operational Metrics & Efficiency • Mined metal production in FY25 was ~1,095 kilotonnes; refined metal (zinc + lead) was ~1,052 kilotonnes. • Zinc cost of production dropped to about US$1,052/tonne for the year; in Q4 it was ~$994/tonne, among the lowest in recent years. • Return on capital employed (ROCE) stood at ~58%, best in industry. • Free cash flow from operations (before capital expenditure) was ~₹13,784 crore. Strategic Contributions & Other Highlights • Hindustan Zinc contributed ~₹18,900 crore to the government exchequer in FY25, up ~40-44% YoY. • The company increased its share of value-added products revenue to about 22%; domestic zinc sales hit ~603 kilotonnes, representing ~77% of domestic primary zinc market. Outlook & Risks • The company is likely to benefit if metal prices (zinc, lead, silver) remain favorable and input costs stay under control. Volume growth and lower production costs support margin improvement. • Key risks include commodity price volatility, fluctuations in energy or fuel costs, potential regulatory changes, and adverse currency movements. • Growth initiatives and projects under execution (smelting / refining enhancements, expansion of value-added lines) will need to be watched for execution risks and capital deployment.