The Hindustan Zinc share price touched new heights on January 20, surging over 5 percent in early trading to a fresh 52-week high of Rs 696.90 per share. Investors and traders alike were closely watching the market as the company released its Q3 FY26 results, revealing record-breaking revenue and profits.
This sharp rise comes amid strong performance across metals, particularly silver, highlighting the firm’s significant role in India’s mining and metals sector.
Market Performance Today
On Tuesday, the stock market saw a noticeable uptick in metals and mining stocks. Hindustan Zinc’s shares led the rally, reflecting positive market sentiment fueled by its quarterly performance.
- Stock price jump: +5% to Rs 696.90
- 52-week high: Achieved during morning trade
- Market focus: Driven by record quarterly earnings and robust silver prices
The rally highlights the market’s confidence in Hindustan Zinc’s ability to sustain robust revenue and profit growth, even as global metal prices fluctuate.
Hindustan Zinc Q3 FY26 Performance
The third quarter of FY26 proved historic for Hindustan Zinc, delivering its highest-ever quarterly revenue and net profit. The company’s performance is a combination of higher production volumes, strong market prices for metals, and effective cost management.
Key highlights from Q3 FY26 results:
- Standalone net profit: Rs 3,879 crore
- YoY growth: 46.5% from Rs 2,647 crore in Q3 FY25
- Revenue from operations: Rs 10,922 crore
- YoY growth: 27.5% from Rs 8,556 crore last year
- EBITDA: Rs 6,055 crore
- YoY growth: 34.7%
- EBITDA margin: 55% up from 52% in Q3 FY25
The company attributed these gains to higher metal production, stronger zinc and silver prices, and a sharp reduction in costs, making this quarter its most profitable to date.
Impact of Soaring Silver Prices
Hindustan Zinc is India’s largest producer of refined silver, known for purity levels of 99.9% or higher. Recent global trends have pushed silver to record levels, further boosting the company’s revenue.
- Silver futures (March expiry): Rs 3,18,729 per kilogram (+3%)
- Silver futures (May expiry): Rs 3,28,854 per kilogram (+3%)
- Silver futures (July expiry): Rs 3,35,885 per kilogram (+3%)
The rise in silver prices reflects growing global demand and market volatility, giving Hindustan Zinc a substantial edge in its metal segment.
Company Details at a Glance
Hindustan Zinc, part of the Vedanta Group, remains a cornerstone of India’s metals sector, primarily focused on zinc, lead, and silver production. With its consistent quarterly performance and operational efficiency, the company has strengthened its position as a reliable contributor to market growth.
Operational highlights:
- Largest producer of silver in India
- High purity refined silver production (99.9%+)
- Significant YoY growth in revenue and net profit
These metrics showcase the company’s ability to convert favorable commodity prices into tangible profits, keeping investors and markets attentive.
Summary
Hindustan Zinc’s Q3 FY26 results mark a milestone in the company’s financial journey. With a 46.5% YoY jump in net profit and revenue crossing Rs 10,900 crore, the firm has set new benchmarks in India’s metals and mining sector. The surge in silver prices has only amplified its market performance, reflected in the record share price of Rs 696.90.
For investors following stock market today updates, Hindustan Zinc continues to be a stock dominated by production efficiency, strong metal prices, and robust profitability, making it a key watchpoint in metals and mining indices.
Source: Moneycontrol
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