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Hindustan Zinc Ltd.

BSE: 500188 | NSE: HINDZINC |

Represents Equity.Intra - day transactions are permissible and normal trading is done in this category
Series: EQ | ISIN: INE267A01025 | SECTOR: Metals - Non Ferrous

BSE Live

Jul 30, 15:48
321.00 -2.25 (-0.70%)
Volume
AVERAGE VOLUME
5-Day
89,262
10-Day
101,129
30-Day
83,509
94,570
  • Prev. Close

    323.25

  • Open Price

    326.00

  • Bid Price (Qty.)

    320.95 (25)

  • Offer Price (Qty.)

    323.40 (50)

NSE Live

Jul 30, 15:59
320.50 -3.05 (-0.94%)
Volume
AVERAGE VOLUME
5-Day
1,375,817
10-Day
1,467,319
30-Day
1,166,627
2,759,663
  • Prev. Close

    323.55

  • Open Price

    325.90

  • Bid Price (Qty.)

    320.50 (3015)

  • Offer Price (Qty.)

    0.00 (0)

Annual Report

For Year :
2019 2018 2017 2016 2015 2014 2013 2012 2011

Chairman's Speech

Dear Shareholders I am delighted to state that your Company has reported impressive figures, reflecting a robust performance during the year 2006-07. * 120% increase in revenue to Rs. 8,560 crore * 190% growth in PBT to Rs. 6,454 crore * 202% rise in PAT to Rs. 4,442 crore * EPS up from Rs. 35 to Rs. 105 Our strong financial results were driven primarily by increased volume, improved operational efficiency and stronger LME prices. * 7% increase in zinc concentrate to 9,47,386 DMT * 12% increase in lead concentrate to 1,07,334 DMT * 23% growth in zinc metal to 3,48,316 MT * 103% increase in lead metal to 50,187 MT The increase in zinc metal production was derived largely following a ramp- up in our new hydro smelter (Phase-I), the captive thermal power plant also delivered an impressive performance. Your Company successfully commissioned a 38.4-MW wind energy plant in Gujarat in March 2007 and with the completion of wind energy projects at hand, our total installed wind energy capacity would touch 148.8 MW, a benchmark in rapid action capability. I take pleasure to report that your Company is well on its path to realise its one million tonne mission. The 170,000-tonnes zinc smelter (Phase-II) and 80-MW captive power plant project at the Chanderiya complex, with matching expansion of the mining and ore-dressing plant at Rampura Agucha mine, are progressing well and should be ready for commissioning in the third quarter of FY08 - ahead of schedule. The Company identified another growth opportunity during the year under review - of stretching the zinc smelting capacity by another 88,000 tonnes through de-bottlenecking and setting up of another 80-MW captive power plant in Zawar and a roaster at Debari. All these projects are progressing on schedule. The global demand for metals continued to be robust on the back of strong consumption in China, India and other developing economies. Robust economic growth in India will continue to drive a strong consumption growth of all metals, including zinc and lead. As a result, our growth plans and strong GDP growth will complement each other. As a growth-focused organisation, we intensified our focus on mineral exploration to counter the depletion and increase the net addition. The Company added 31.8 million tonnes of reserves and resources, net of depletion, during the year under review, containing 3.8 million tonnes of in-situ metal. Total reserves and resources as on 31 March 2007 were 209.40 million tonnes. Relentless focus on mineral exploration will continue as a part of our long-term strategy. Your Company repaid the entire external commercial borrowings of US$125 million, emerging as a debt- free company during 2006-07. All the ongoing expansion projects were financed through internal accruals. The Company paid an interim dividend of Rs. 2.50 per share in February 2007 in recognition of its strong financial performance. To maintain consistency, continuity and keeping in view the prospective fund requirements for expansion, your Board has recommended final dividend of Rs. 2.50 per share, resulting in a total dividend of Rs. 5.00 per share for the year under review. Sustainable growth is an integral part of our philosophy. Guided by our HSE and social policies, there is a sincere focus on safety, environment and community development initiatives. Your Company was successful for the third year in a row in significantly reducing loss-time injury frequency rate, even as it reported reduction in water and energy in its manufacturing processes. The Company is always committed to socio-economic development of the communities in which it operates and has contributed significantly in areas of health and hygiene, education, competency building, agriculture, local area infrastructure etc. I am glad to share with you that our initiatives got the Company three important national-level awards for corporate social responsibility. As we continue to march towards one million tonne mission, I would like to thank all our stakeholders for their support and assure you that our entire endeavour will continue to focus, as always, on enhancing value for you. Yours sincerely, Agnivesh Agarwal Chairman