Hindustan Zinc Ltd (HZL), a subsidiary of the Vedanta Group, is set to commence operations at its upcoming fertilizer manufacturing facility in Rajasthan during the next financial year, according to Chairperson Priya Agarwal Hebbar. The company is establishing a production unit with an annual capacity of 0.5 million tonnes at Chanderiya, located in Chittorgarh district. This move marks Hindustan Zinc’s entry into the fertilizer sector.
As part of its broader diversification strategy, the company commissioned a 30,000 tonnes per annum zinc alloy plant in the previous year, contributing to the growth of its value-added products segment. These now account for 22 percent of total business operations. The new fertilizer unit, focused on producing diammonium phosphate (DAP) and other NPK fertilizers, is expected to be operational by the 2026–27 financial year.
The initiative aims to reduce dependence on imports by meeting domestic demand for DAP fertilizer. According to the company’s fourth-quarter investor presentation, the plant will support the agricultural sector by ensuring a more stable supply of essential nutrients. Hebbar emphasized that these developments are intended to broaden revenue sources and improve profitability. In addition, HZL’s fully owned subsidiary, Hindmetal Exploration Services, is actively involved in exploration activities across India for critical minerals such as copper, lithium, nickel, cobalt, potash, and gold. These resources are vital for emerging industries including electric mobility, semiconductor manufacturing, and renewable energy.
Hebbar noted that the company is transitioning from a primarily zinc and silver producer into a diversified multi-metal enterprise aligned with India’s strategic goals for mineral security. For the quarter ending March 2025, Hindustan Zinc reported a consolidated net profit of ₹3,003 crore, representing a 47.3% increase compared to ₹2,038 crore in the same period last year. Revenue for the quarter rose to ₹9,314 crore from ₹7,822 crore year-on-year. The company described this as its highest-ever fourth-quarter profit after tax.
Part of the Vedanta Group, Hindustan Zinc (BSE: 500188, NSE: HINDZINC) commands around 75% of India’s primary zinc market. It is also the third-largest silver producer in the world. By offering high-quality, globally certified products and championing sustainability, Hindustan Zinc is at the forefront of the metals that are critical for the world’s transition to clean energy and resilient infrastructure.
