Hindustan Zinc Ltd, a key subsidiary of the Vedanta group, has scheduled a board meeting for Friday, April 24, to evaluate its financial performance for the fourth quarter (Q4) and the full financial year ended March 31, 2026 (FY26). A significant agenda item for the meeting will also be the consideration and potential declaration of the first interim dividend for the upcoming financial year 2027 (FY27).
Analysts Predict Strong Profitability Growth
Brokerage firm Systematix Institutional Equities anticipates robust financial results for Hindustan Zinc. They project the company to demonstrate the strongest profitability growth and margin expansion during Q4 FY26, with silver prices identified as a primary driver for these earnings. Systematix expects a substantial 56% year-on-year (YoY) increase in profit after tax (PAT) and a 33% YoY rise in revenue for the quarter. The brokerage maintains a 'Buy' rating on the stock, setting a target price of Rs 755.
Previous Quarter Performance and Dividend History
In the preceding quarter, Hindustan Zinc reported a standalone net profit of Rs 3,879 crore, marking a significant 46.5% increase compared to Rs 2,647 crore in the same period last year. Revenue from operations also saw a healthy rise of 27.5% YoY, reaching Rs 10,922 crore from Rs 8,556 crore.
The company has a history of consistent dividend payouts. Its most recent interim dividend was Rs 10 per share, with a record date of June 17, 2025. Prior to that, Hindustan Zinc declared two interim dividends in 2024: Rs 19 per share (record date: August 28) and Rs 10 per share (record date: May 15). In 2023, interim dividends of Rs 6 per share (record date: December 14) and Rs 7 per share (record date: July 14) were announced.
Stock Performance
As of the latest market close on Wednesday, Hindustan Zinc shares were trading at Rs 590.95, up 0.42%. The stock has shown strong momentum over the past month, gaining 21.17%.