Hindustan Zinc Limited (HZL)

is an India-based company,
which is engaged in the mining
and smelting of zinc, lead and
silver metal in India. ... In
addition, the Company also has a
rock-phosphate mine in Maton
near Udaipur in Rajasthan and
zinc, lead, silver processing and
refining facilities in the State of
Uttarakhand.
 Basic Information
• Name of the company : HINDUSTAN ZINC LIMITED
• CIN : L27204RJ1966PLC001208
• Year of incorporation : 1966
• Promoter and Group : Vedanta Limited
• Location Domestic : Udaipur, India
• Type of Industry : Public
• Market Share : 285.00 INR
• CEO : Mr. Sunil Duggal
Basic Financials
For last 5 years ending on 2017-18

2014 2015 2016 2017 2018

Sales 13,636.04 14,788.39 15,463.13 18,798 22,084

EBITDA 6,899.85 7,419.58 6,652 9,734 12,376

PBT 7,969.71 9,570.12 8,623 10,197 12,499

NP 6,904.62 8,178 8,175 8,316 9,276

Dividend 21,310 13,497

EPS 16.34 19.35 19.35 19.68 21.95

 Corporate Governance

Strategic • The Board of Directors exercises overall strategic supervision

to lay down strategic goals, major expansion projects, capital
Supervision expenditure and business plan approvals which ensure that the
Company is focused on fulfilling shareholder aspirations.

Operation • The Business Management Group comprises of functional

heads and unit/ plant heads steered by the COO and the CFO.
Management It handles management and coordination through regular
reviews and meetings with the objective to seek continuous

and Control improvements in the working of the Company and to harness

potential.

Plant/ Unit
• It comprises of several strategic business units (SBUs) for
Executive overall execution and empowerment through decentralized
decision making
Management
 Members and Directors
Audit Committee
Chairman : Mr. A.R. Narayanaswamy
Member : Mr. Arun L. Todarwal
Member : Ms. Reena Sinha Puri

Remuneration & Nomination Committee

Chairman : Mr. Arun L. Todarwal
Member : Mr. Agnivesh Agarwal
Member : Mr. A.R. Narayanaswamy
 Vigil Mechanism

The Company has formatted a Vigil Mechanism for

Directors and employees to report genuine concerns. The
Vigil Mechanism provides adequate safeguards against
victimization of any person who avail the mechanism and
also provides for direct access to the Chairperson of the
Audit Committee. The designated email id for lodging
the complaints under Vigil Mechanism or Whistle Blower
is hzl. whistleblower@vedanta.co.in and has also
provided dedicated phone number. The same is also
available on the website of the Company.
 Whistle Mechanism

Employees have the opportunity to submit / report complaints

pertaining to the following areas such as:
• Fraud (an act of willful misrepresentation which would affect the interests of
the concerned) against investors, securities fraud, mail or wire fraud, bank
fraud, or fraudulent statements to the London Stock Exchange, Securities and
Exchange Board of India, the U.S. Securities and Exchange Commission,
other relevant stock exchanges, any other relevant authority or members of
the investing public.
• Violations of any rules and regulations applicable to the Company and
related to accounting, internal accounting controls and auditing matters.
• International error or fraud in the preparation, review or audit of any
financial statement of the Company.
• Any violations to the Company’s ethical business practices as specified in
the Company’s Code of Business Conduct and Ethics policy.
• Any other event which would affect the interests of the business.
 Mission and Vision

Mission :
Enhance stakeholder value through exploration, innovation,
operational excellence, safety and sustainability. Be the lowest cost
producer. Maintain market leadership and enhance customer
delight.

Vision :
To be the world’s largest and most admired zinc, lead and silver
company
 SWOT Analysis
Strength:
Low cost of production
Bulk production with large
volume
Maintains adequate liquidity and
cash
SWOT
Threats :
Environmental pollution caused
by manufacturing
Rumors about encroachment of
land in different regions of Orissa
Weaknesses :
Poor Brand management
Less importance given to
marketing related activities
Opportunities :
Increased contribution to global
Zinc and silver demands
Growth in Zinc consumption
specifically in BRICS nation
Director Responsibility Statement
• As required under Section 134(5) of the Companies Act, 2013, the Directors
hereby confirm that:
• In the preparation of the annual accounts, the applicable accounting
standards read with requirements set out under Schedule 3 to the Act, have
been followed and there are no material departures in the same.
• The Directors have selected such accounting policies, applied them
consistently and made judgements and estimates that are reasonable and
prudent so as to give a true and fair view of the state of affairs of the
Company at the end of the financial year and of the profits of the Company
for that period.
• The Directors have taken proper and sufficient care for the maintenance of
adequate accounting records in accordance with the provisions of this Act,
for safeguarding the assets of the Company and for preventing and detecting
fraud and other irregularities.
• The Directors have prepared the annual accounts on a ‘Going Concern’ basis.
• The Directors have laid down internal financial controls to be followed by the
Company and that such internal financial controls are adequate and were
operating effectively; and
Risk, Concerns and Opportunities
Our three major products are zinc, lead and silver metal. We make all
efforts to ensure that we produce in a safe and environmentally
responsible manner. Over the year, we have constantly improved our
recoveries, reduced hazardous waste generation, improved water and
energy consumption and adopted new technologies to optimally use
available natural resources to improve our environment footprint. Below
are three illustrations:
• Zinc in Jumbo shape helps in lesser zinc wastage, ease of handling, cost
efficiency and better safety in customer’s operations. The smaller
surface area to weight ratio of zinc jumbos compared to small ingot
means less turbulence during galvanizing bath and therefore less ash is
produced.
• Continuous Galvanizing Grade (CGG) zinc alloy as per customer
requirement removes the need to alloy at customer’s premises and thus
saves energy, cost and improves bath management during galvanizing.
• PW zinc is a pre-alloyed zinc lead combination and with its use there is
no need to add lead separately in zinc galvanizing bath reducing
occupational hazards of operators in dealing with lead in galvanizing
plant.
  Hindustan Zinc Limited (HZL) is an India-
based company, which is engaged in the
mining and smelting of zinc, lead and silver
metal in India. The Company's segments are
Mining and smelting of zinc, lead and silver,
and Wind energy. The Company's operations
include approximately five zinc-lead mines,
over four zinc smelters, a lead smelter, a zinc-
lead smelter, approximately seven sulfuric
acid plants, a silver refinery plant and over
six captive power plants in the state of
Rajasthan. In addition, the Company also has
Summary a rock-phosphate mine in Maton near
Udaipur in Rajasthan and zinc, lead, silver
processing and refining facilities in the State
of Uttarakhand. The Company also has wind
power plants in the States of Rajasthan,
Gujarat, Karnataka, Tamil Nadu and
Maharashtra. It has a metal production
capacity of over one million tons per annum
with its key lead-zinc mines in Rampura
Agucha and Sindesar Khurd, and smelting
complexes in Chanderiya and Dariba, all in
the state of Rajasthan.