Hindustan Zinc Ltd

About Hindustan Zinc Share Price

Hindustan Zinc has a market share of around 75% in the Indian zinc market, which proves its clear dominance and, at the same time, its importance in the industry. The company is setting an example by being a leader through its sustained focus on efficiency and sustainability. It is notably self-sufficient in power operations with captive thermal power plants and has pledged towards green energy through wind power plant installation. Some of the key operations of HZL include the world's largest underground zinc mining at Rampura Agucha, making it one of the world's significant players. The Hindustan Zinc share price is impacted by fluctuations in metal prices, market demand, and the company’s quarterly financial results. Investors can track the Hindustan Zinc or Hind Zinc share price daily to monitor fluctuations and make informed decisions about their investments in the company's stock.

The geographical footprint of the company is not restricted to India, as exports contribute about 25% to the turnover. This presence on the international platform underlines the contribution of Hindustan Zinc to the global market for substantial revenue and growth. Check out the HZL share price daily to get more insights.

History of the Hindustan Zinc Limited

Incorporated in 1966, Hindustan Zinc Limited is one of the leading companies in the metal industry. It produces zinc, lead, and silver. It emerged as the second-largest integrated zinc producer in the world and the fifth-largest in the case of silver. HZL was part of the Vedanta Resources Group. The journey of the company started with a focus on mining and metallurgy, and it has emerged as a front-ranking global player in its sector. Headquartered in Zinc City, Udaipur, Rajasthan, Hindustan Zinc has expanded its operation to include wide zinc-lead mines and smelting complexes across the state of Rajasthan.

Business Segments of Hindustan Zinc

Zinc Production: The company is into the production of zinc which forms about 62% of its revenue mix. The backward integration and access to low-cost, high-grade zinc reserves enabled the company to become the lowest-cost zinc producer in the world. These operations have been focusing on sustaining this cost leadership through its extensive mining and smelting facilities.

Lead Production: Lead accounts for around 14% of the total revenues of Hindustan Zinc. In addition, the zinc-lead business operates lead production facilities to capture synergies in the integrated value chain. Besides being a by-product of zinc processing, it is also obtained as a by-product at the refining stages.

Silver Production: Silver also occupies about 19% of the revenues of Hindustan Zinc. Hindustan Zinc has a dedicated silver refinery at Pantnagar, Uttarakhand, supplementing its zinc-lead operations and maintaining market supply in case there is demand for this metal.

Other Operations: The remaining revenue comes from ancillary services and products associated with core metals at 5%.

Financial Performance of Hindustan Zinc Limited

• Hindustan Zinc Ltd, reported a 21% year-on-year (YoY) drop in consolidated net profit at ₹2,038 crore for the March quarter compared with ₹2,583 crore in the same quarter last year.
• Other income for the quarter fell to ₹273 crore compared with ₹354 crore in the same quarter the previous year. 

Key Personnel of Hindustan Zinc Limited

• Mr. Arun Misra is the CEO of Hindustan Zinc and joined on November 20, 2019. He has a total experience of 31 years. Before this, he used to work with Tata Steel.
• Mr. Krishnamohan Narayan is the Deputy CEO of Hindustan Zinc, and his date of joining is April 2023. He has 28 years of experience and previously worked with BASF.
• Mr. Sandeep Modi is the Chief Financial Officer of Hindustan Zinc. He joined the organization in February 2021 and has more than 16 years of industry experience, with substantial exposure to the Vedanta Group.
• Mr. Munish Vasudeva serves as Chief Human Resources for Hindustan Zinc. He joined the organization on 1st June 2023 and has more than 30 years of experience in companies like SIEMENS.
• Mr. Praveen Sharma - Head of COE Mining Praveen joined Hindustan Zinc in May 1993 and carries with him 29 years of industry experience, having worked with TCM & CMT, Australia, and KCM, Zambia.
• Mr. C. Chandru - CEO of Smelters Chandru has been with the company since June 2002003 3 and has 18 years of industrial experience.
• Mr. Kishore Kumar S is appointed as CEO of Rampura Agucha with Hindustan Zinc and has a vast experience of over 24 years in the line.
• Mr. Balwant Singh Rathore is being promoted as IBU CEO of Dariba at Hindustan Zinc, with effect from April 1, 2023. Mr Rathore would be joining with a rich experience of 34.5 years with Vedanta Group and Coal India Ltd.
• Mr. Ram Murari has been with Hindustan Zinc since 1998 and, to date, has over 24 years of industry experience. He is its IBU CEO at Zawar.
• Mr. Vijay Murthy serves as Head of Business Sales and Marketing, joining Hindustan Zinc in January 2022. He has experience of 18 years with the Vedanta Group, ACC Limited, and Diversey India.
• Mr. Anupam Nidhi is General Manager-Corporate Social Responsibility at Hindustan Zinc. He joined on 23rd March 2020 and comes with experience extending over 20 years with SIEMENS Ltd. and the Reliance Group.