19-Oct-2026 16:56:14
HINDUSTAN ZINC Q2 FY27 : SHARP CUT IN ZINC COST GUIDANCE, STRONG SILVER OUTLOOK & CAPACITY EXPANSION
• FY27 ZINC COST GUIDANCE CUT TO $825–850/TONNE FROM $975–1,000/TONNE • FY27 SILVER PRODUCTION GUIDANCE MAINTAINED AT APPROXIMATELY 680 TONNES • FY28 SILVER PRODUCTION COULD REACH 730–750 TONNES; NOT YET FORMAL GUIDANCE • 250 KTPA INTEGRATED ZINC CAPACITY EXPANSION PROGRESSING AS PLANNED • 10 MTPA TAILINGS REPROCESSING PROJECT REMAINS ON TRACK • FY27 CAPEX OUTLOOK MAINTAINED AT APPROXIMATELY ₹5,000 CR; SPENDING TO ACCELERATE IN H2 • RENEWABLE ENERGY SHARE TARGETED AT 35% FROM CURRENT 27% • CRITICAL MINERAL EXPLORATION TARGETED FOR COMPLETION BY Q3 FY29 • HIGHER SULPHURIC ACID REALIZATIONS EXPECTED TO SUPPORT LOWER ZINC PRODUCTION COSTS • MANAGEMENT MAINTAINS LONG-TERM AMBITION TO DOUBLE BUSINESS SCALE • GEOPOLITICAL DISRUPTIONS ADDING APPROXIMATELY $50/TONNE COST PRESSURE; COMMODITY PRICE VOLATILITY REMAINS KEY RISK
HINDUSTAN ZINC LIMITED