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Hindustan Copper Ltd

₹ 561-1.98%
16 Jan – close price
🔗hindustancopper.com•BSE: 513599•NSE: HINDCOPPER
Market Cap₹ 54,317 Cr.
Current Price₹ 561
High / Low₹ 576
Stock P/E94.7
Book Value₹ 30.9
Dividend Yield0.26 %
ROCE23.8 %
ROE18.7 %
Face Value₹ 5.00
Sales₹ 2,294 Cr.
OPM37.9 %
Mar Cap₹ 54,317 Cr.

ABOUT

Incorporated in the year 1967, Hindustan Copper Limited (HCL) was formed to take over from National Mineral Development Corporation Ltd. It is the first Indian PSU and only vertically integrated copper producing company. HCL is engaged in various processes right from copper mining to the final stage of converting copper into saleable products.[1]

KEY POINTS

Only Indian Company mining Copper[1]HCL is the Sole vertically integrated producer of refined copper in India having facilities of mining, ore beneficiation, smelting, refining and extruding of copper rods.It owns all the operating mining leases of copper ore in India. It has access to about 45% of India’s copper ore reserves and resources as of FY25.Resources & Reserves: 755.32 Million tonnes (estimated balance as on 01.04.2024)

Also present in buckets:
Aggressive Growth TriggersExcellent ResultsRevenue GuidanceAsset Base ExpansionCapacity Expansion And ProductsPreferential IssuanceJv Partnerships AcquisitionsRevenue Guidance Vs ActualsCredit Rating UpdatesRed Flags And Poor Performance

Peer Comparision

S.No.NameCurrent Price (Rs.)Price to EarningMarket Capitalization (Rs.Cr.)Dividend yield (%)Net Profit latest quarter (Rs.Cr.)YOY Quarterly profit growth (%)Sales latest quarter (Rs.Cr.)YOY Quarterly sales growth (%)Return on capital employed (%)Sales (Rs.Cr.)OPM (%)Profit after tax (Rs.Cr.)Profit after tax latest quarter (Rs.Cr.)Price to book valueReturn on assets (%)Debt to equity
1.Hindustan Copper561.4594.6754317.270.26186.0282.95718.0438.5723.752293.5837.86573.74186.0218.1712.880.05
2.Onix Solar693.85987.481421.970.00-0.76-606.6743.3733261.5432.41117.571.501.44-0.7622.126.680.00
3.Bhagyanagar Ind161.1418.69512.240.0011.27202.14580.3742.248.281914.353.3227.4111.272.282.681.63
4.Mardia Samyoung111.85–77.860.000.02101.400.41–22.590.41-75.61-0.310.0214.3719.540.00
5.N D Metal Inds.90.30–22.390.00-0.02-128.570.00–6.630.05-1920.00-0.04-0.027.392.070.17
–Median: 3 Co.561.4594.671421.970.011.2782.95580.3742.2423.751914.353.3227.4111.2718.176.680.05

Quarterly Results

Standalone figures in ₹ crores

Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Sales
212557560371381399565494518328731516718
Expenses
148443374278260293340305366220465304436
Operating Profit
6411418693121107226188152108267212282
Other Income
2212521411102073216471011
Profit before tax
3211117462838218315413584260179249
Tax %
19%28%24%24%27%23%32%26%25%26%27%25%25%
Net Profit
268013247616312411310263191134186
EPS in Rs
0.270.831.370.490.630.651.291.171.050.651.971.391.92

Profit & Loss

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales
1,4891,0161,0721,2041,6701,8168321,7871,8221,6771,7172,0712,294
Expenses
9848889629811,3991,3101,0741,3761,3101,1851,1701,3321,425
Operating Profit
505128110223271506-242411512492547738868
Other Income
102675227413757355096547884
Interest
213142660626430171785
Depreciation
174113119142165253291295150175175176175
Profit before tax
431804094122230-53887382396410634772
Net Profit
28668386280146-569110374295295469574
EPS in Rs
3.100.730.410.670.861.57-6.151.193.873.053.054.855.93
Dividend Payout %
32%21%0%30%29%33%0%29%30%30%30%30%–

Compounded Sales Growth

10 Years:7%
5 Years:20%
3 Years:4%
TTM:16%

Compounded Profit Growth

10 Years:22%
5 Years:23%
3 Years:8%
TTM:43%

Stock Price CAGR

10 Years:27%
5 Years:55%
3 Years:64%
1 Year:143%

Return on Equity

10 Years:8%
5 Years:17%
3 Years:16%
Last Year:19%

Balance Sheet

Standalone figures in ₹ crores

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital
463463463463463463463463484484484484484
Reserves
1,3671,3999481,0041,0651,1744986271,4281,5991,8022,1812,504
Borrowings
002074726571,0701,5641,137409156223167142
Other Liabilities
4343711,181597630636802819844956971880733
Total Liabilities
2,2632,2332,7992,5362,8143,3443,3263,0463,1643,1943,4793,7113,863
Fixed Assets
2122021783543323163373222821,3261,4301,7311,837
Gross Block
835.07865.97199.53382.90392.77416.92480.49608.57656.851,919.382,211.392,711.34–
Accumulated Depreciation
623.27663.9621.4228.6560.77100.44143.21286.48375.28593.30780.92980.00–
CWIP
6918517332796601,0221,2321,179683731917766740
Investments
29717600001110293131
Other Assets
1,3311,1081,8121,9031,8222,0051,7571,5442,1991,1271,1021,1831,255
Total Assets
2,2632,2332,7992,5362,8143,3443,3263,0463,1643,1943,4793,7113,863

Cash Flows

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity
331237262-260372252868321,052674341544
Cash from Investing Activity
-259-209-451-258-558-587-430-364-404-337-525-402
Cash from Financing Activity
-111-109183-8-9644542133-251-339-39-152
Net Cash Flow
-38-80-7-526-282110-302601397-3-222-10

Ratios

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days
493120501873363416142930
Inventory Days
––––7371,189–413––––
Days Payable
––––204358–147––––
Cash Conversion Cycle
493120505509033630116142930
Working Capital Days
951781371622369-9618-19-293556
ROCE %
24%4%2%6%7%12%-18%6%18%18%18%24%

Shareholding Pattern

Numbers in percentages

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Promoters
66.14%66.14%66.14%66.14%66.14%66.14%66.14%66.14%66.14%66.14%66.14%66.14%66.14%
FIIs
1.45%1.51%1.80%2.18%2.05%3.13%3.22%3.30%3.41%3.27%3.71%5.05%6.56%
DIIs
15.92%16.44%15.89%13.29%13.70%12.28%9.34%9.24%9.06%8.57%8.24%6.00%5.57%
Public
16.49%15.90%16.18%18.39%18.11%18.45%21.30%21.32%21.38%22.00%21.90%22.79%21.72%

* The classifications might have changed from Sep'2022 onwards.ℹ️

BSE Announcements AI Summary

Direct from BSE filings, auto-summarised

Hindustan Copper Board Approves New 3.0 MTPA Plant Project Worth ₹469.55 Cr Plus GST

31st March 2026, 12:01 am

Hindustan Copper Appoints New Head of Materials, Contracts and Marketing

30th March 2026, 11:32 pm

Hindustan Copper Appoints Ajay Chandraker as Head of Materials, Contracts & Marketing

30th March 2026, 11:29 pm

Hindustan Copper: Trading Window to Close from April 1st for Financial Results

25th March 2026, 6:32 pm

Hindustan Copper Extends Additional Charge for Director (Mining) Sanjeev Kumar Sinha

23rd March 2026, 11:53 pm

Published by Other Websites

External media mentions & references

Trump's 25% Tariff Plan Hits Indian Metal Stocks

2nd April 2026, 1:21 pm

Breakout Stocks Surge: Top 10 Gainers Set to Dominate Tomorrow's Trading

1st April 2026, 5:36 pm

Hindustan Copper Approves ₹470 Crore Plant for EV Boom

1st April 2026, 7:03 am

Hindustan Copper bags ₹470 Cr order, eyes capacity boost

30th March 2026, 9:20 pm

Nifty Near 52-Week Low Amid Oil Spike, West Asia Crisis

30th March 2026, 2:35 pm

News Articles

Editorial & research coverage

Hindustan Copper Faces ₹929 Cr Demand; Q3 Results Show Resilience
Hindustan Copper Faces ₹929 Cr Demand; Q3 Results Show Resilience

13th February 2026, 9:26 pm

Indian Markets: Macro Headwinds Overshadow Strong Results
Indian Markets: Macro Headwinds Overshadow Strong Results

13th February 2026, 2:54 pm

Nifty Metal Tumbles 3% on Profit Booking; Analysts Urge 'Buy the Dip'
Nifty Metal Tumbles 3% on Profit Booking; Analysts Urge 'Buy the Dip'

13th February 2026, 11:29 am

India Deals Dip 11% Jan; Fiscal Year Surge Continues
India Deals Dip 11% Jan; Fiscal Year Surge Continues

12th February 2026, 7:54 pm

India's Mineral Drive: Long Road Ahead for Critical Supply Chains
India's Mineral Drive: Long Road Ahead for Critical Supply Chains

10th February 2026, 12:27 pm

Documents

Announcements

Commencement Of Operations At Kendadih Copper Mine, Ghatshila, Jharkhand (A Unit Of Hindustan Copper Ltd)

7h - Underground mining operations commenced at Kendadih Copper Mine, Ghatshila, Jharkhand on 15.01.2026.

Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

9 Jan - Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 is submitted.

Announcement under Regulation 30 (LODR)-Change in Management

6 Jan - Anil K. Singh ceased as HCL GM (M&C) effective 06.01.2026, joining NALCO as Director (Commercial).

Board Comments On Fine Levied By The Exchanges For The Quarter Ended 30.09.2025

31 Dec - BSE/NSE fined HCL Rs.9,77,040 each for LODR board composition non-compliance; Board seeks exemption; Ministry notified.

Clarification On Price Movement

30 Dec - 30-Dec-2025: Hindustan Copper says all disclosures made; price movement market-driven.

Annual Reports

Financial Year 2025

(from bse)

Financial Year 2024

(from bse)

Financial Year 2023

(from bse)

Financial Year 2022

(from bse)

Financial Year 2021

(from bse)

Financial Year 2020

(from bse)

Financial Year 2019

(from bse)

Financial Year 2018

(from bse)

Financial Year 2017

(from bse)

Financial Year 2016

(from bse)

Financial Year 2015

(from bse)

Financial Year 2014

(from bse)

Financial Year 2013

(from bse)

Financial Year 2013

(from nse)

Financial Year 2012

(from bse)

Credit Ratings

Rating update

8 Oct 2025 from icra

Rating update

30 Oct 2024 from icra

Rating update

11 Oct 2023 from icra

Rating update

29 Sep 2023 from icra

Rating update

26 Oct 2022 from icra

Rating update

29 Oct 2021 from icra

Concalls

Sep 2025

TranscriptPPT

Sep 2025

PPT

Jun 2025

PPT

Sep 2023

PPT

Mar 2021

PPT

Jul 2016

PPT

Stock Analysis

Description

Hindustan Copper Ltd (HCL) is India's sole vertically integrated copper producer, engaged in mining, beneficiation, smelting, refining, and extruding. It holds access to approximately 45% of India’s copper ore reserves and resources.

Key Growth Triggers

  1. Commencement of operations at Kendadih Copper Mine, Jharkhand, enhancing production capacity.
  2. Strategic MOUs with GAIL, Oil India Ltd, and NTPC Mining Ltd for joint exploration and development of critical minerals.
  3. Planned significant mine capacity expansion from ~4 MTPA to 12.2 MTPA by FY31, supported by substantial CAPEX.
  4. Anticipated increase in copper demand driven by the global energy transition and electric vehicle adoption.

Order Book

Currently no data available for Order Book.

Key Red Flags

  1. Repeated fines from stock exchanges for non-compliance with SEBI (LODR) Regulations regarding board and committee composition, due to delays in government director appointments.
  2. The potential impact on governance perception and operational oversight from unresolved compliance issues.

Key Dates To Watch

  1. Trading window closure for Q3 FY26 results announcement: from January 1, 2026. Board meeting date for approval is yet to be intimated.

Corporate Announcements

30th Mar 26
Impact Rating: 8
In a significant move, Hindustan Copper Limited's board has greenlit the construction of a new 3.0 MTPA Copper Concentrate Plant at Malanjkhand, Madhya Pradesh. The project, awarded to Ardee Engineering Limited on a turnkey basis, has a financial implication of ₹469.55 crore plus GST and is slated for completion in 27 months.
30th Mar 26
Impact Rating: 7
Hindustan Copper Ltd. has designated Shri Ajay Chandraker as Head of Materials, Contracts & Marketing, a 'Senior Management' role, effective March 30, 2026.
30th Mar 26
Impact Rating: 2
Hindustan Copper Ltd. appointed Shri Ajay Chandraker as Head of its Materials, Contracts & Marketing department. This change, effective March 30, 2026, was decided in its 461st Board of Directors meeting.
25th Mar 26
Impact Rating: 6
Hindustan Copper Limited announced its trading window will be closed from April 1, 2026, for designated persons and their relatives. The window will reopen 48 hours after the declaration of financial results for the quarter and year ended March 31, 2026.
23rd Mar 26
Impact Rating: 6
Hindustan Copper Limited announced an interim extension for Shri Sanjeev Kumar Sinha's additional charge as Director (Mining). He will continue beyond March 21, 2026, until further orders are issued by the Ministry of Mines.