Q1-FY24 · Arun Misra
We are completely unhedged as of now. We do only strategic hedging. Last time we did, when we believed that prices had gone to the top. At this point of time, we have not any hedged quantity.
HINDZINC / language trends
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Hindustan Zinc · tone and specificity signals across the available quarters.
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Q1-FY24 · Sandeep Modi
Our cost reduction program has resulted in continuous cost optimization for 2 consecutive quarters, with a total saving of approximately $100 in last 6 months.
Q1-FY24 · Arun Misra
I have always been saying that looking at global supply/demand scenario, anywhere between $2,900-$3,100 is a stable, and I think the journey is towards that only.
Q1-FY25 · Sandeep Modi
We have sold forward 90 KT of the zinc production for the fiscal year, around 10% of our annual production of zinc, demonstrating our agile decision making and flexibility to harness right opportunities.
Q1-FY25 · Arun Misra
We are factoring the consensus of the $2,900-$3,000, and the silver at $30-$32.
Q1-FY25 · Arun Misra
We have set a new standard in the Indian metals and mining industry by launching the first-ever task force on nature-related financial disclosures or TNFD report.
Q1-FY26 · Sandeep Modi
We are highly confident to achieve the lower end of the guidance for the full year.
Q1-FY26 · Arun Misra
Our North Star was $1,000 COP, and it looks like we are headed that way.
Q1-FY26 · Arun Misra
The entire board of directors were happy to see that finally Hindustan Zinc is getting out of comfort zone of 1 million ton plus production every year.
Q2-FY24 · Arun Misra
We have produced more than 1 million ton for two consecutive years. Every year, we are starting with a opening stock of MIC for the smelters to process.
Q2-FY24 · Sandeep Modi
Given this cost trajectory, we believe that for the whole year, we should be towards the lower end of the cost guidance on a full year basis.
Q2-FY24 · Arun Misra
The focus at a low LME environment is to minimize development required for production and maximize on the grade in every mine, so that our overall cost of producing the Metal in Concentrate is the lowest.
Q2-FY25 · Arun Misra
We have recorded its highest ever second quarter and half year mine and refined metal production.
Q2-FY25 · Sandeep Modi
Our renewable power share has moved to, from last quarter, 8% to 14%.
Q2-FY25 · Sandeep Modi
We are confident that we will be delivering towards the lower end of the cost band.
Q2-FY26 · Arun Misra
We are running on zinc plus lead mode, but we are consuming most of the concentrate which is coming from SK Mine, which is rich in silver.
Q2-FY26 · Sandeep Modi
We should be expecting CoP around 950-975 in the Q4 exit.
Q2-FY26 · Arun Misra
If we were demerged into zinc, lead, and silver company, net valuation would have been far better than what it is now.
Q3-FY24 · Sandeep Modi
Our EBITDA margin increased from 46% in previous quarter to 49% in quarter 3 FY 2024. It was supported by prioritizing silver production as well.
Q3-FY24 · Sandeep Modi
Silver segment now account for over 45% of our profit in FY 2024, as compared to 27% in the last year, underscoring our commitment to maximize shareholder value.
Q3-FY24 · Arun Misra
I won't hazard a guess. I would be happy if it continues at the current level, maybe ±$50 for another quarter. I think that will help us out.
Q3-FY25 · Arun Misra
This quarter has been a historic third quarter in terms of financial performance, and we delivered highest-ever mine metal and refined metal production on a nine-month basis.
Q3-FY25 · Arun Misra
Our zinc COP for the quarter stood at $1,041 per ton, lower by 5% year-on-year, driven by improved metal grades, better domestic coal availability, increased renewable energy usage, higher asset realization, softened coal and input commodity prices, and operational efficiencies.
Q3-FY25 · Sandeep Modi
We achieved highest-ever third-quarter EBITDA of ₹4,539 crore, up 28% year-on-year, in line with strong volume, high realization, and lower cost of production.
Q3-FY26 · Arun Misra
The quarter has been one of our strongest. We achieved the highest-ever third-quarter mined metal production since the underground transition, along with record third-quarter refined metal production.
Q3-FY26 · Sandeep Modi
We delivered record quarterly EBITDA of INR 6,087 crores, up 36% quarter-on-quarter and 34% YoY, while maintaining our industry-leading EBITDA margin of 55%.
Q3-FY26 · Sandeep Modi
Hedging is not like playing with the prices... Our objective has been for the last two, three years to continue to follow the consistency in the strategic hedging for 10%-20% of the volume.
Q4-FY24 · Arun Misra
We feel that this is the right time for government to disinvest and also help us to demerge these entities and create a silver as a separate entity because we continuously believe that that will unlock another $3 billion-$4 billion on the market cap.
Q4-FY24 · Sandeep Modi
Despite a 25% year-on-year fall in zinc prices, we successfully maintained our industry-leading margin of 47%, underscoring our strong foothold in the first decile of zinc mining cost curve.
Q4-FY24 · Arun Misra
We are in the process of engaging global consultants... to look at the mine expansion... so that we can come back to you and place before you a vision of making this company 2 million ton.
Q4-FY25 · Arun Misra
We have delivered a record-breaking year with the highest-ever production of both mined and refined metal.
Q4-FY25 · Arun Misra
Our EBITDA stands at INR 17,465 crore, up 28%, and profit after taxes of INR 10,353 crore, marking an improvement of 33% over last year.
Q4-FY25 · Sandeep Modi
We have successfully generated a strong free cash flow from operations at INR 13,784 crore during the year.
Q4-FY26 · Arun Misra
This year, we set a new milestone by crossing 1.1 million tons of mined metal while sustaining over 1 million tons of refined metal production for the fourth consecutive year.
Q4-FY26 · Arun Misra
Our precious metal portfolio achieved a milestone performance, contributing 45% to the overall profitability.
Q4-FY26 · Sandeep Modi
We have guided zinc cost of production excluding royalty at $975-$1,000 per ton, reflecting prevailing global uncertainties.