Hindustan Copper Ltd
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]
- Market Cap ₹ 55,145 Cr.
- Current Price ₹ 570
- High / Low ₹ 760 / 223
- Stock P/E 55.7
- Book Value ₹ 34.6
- Dividend Yield 0.26 %
- ROCE 42.4 %
- ROE 32.9 %
- Face Value ₹ 5.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company is expected to give good quarter
- Company has delivered good profit growth of 55.2% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 30.1%
- Debtor days have improved from 25.0 to 15.8 days.
Cons
- Stock is trading at 16.5 times its book value
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Commodities Metals & Mining Non - Ferrous Metals Copper
Part of BSE 500 BSE PSU Nifty 500 Nifty500 Shariah Nifty Smallcap 100
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,016 | 1,072 | 1,204 | 1,670 | 1,816 | 832 | 1,787 | 1,822 | 1,677 | 1,717 | 2,071 | 3,078 | |
| 888 | 962 | 981 | 1,399 | 1,310 | 1,074 | 1,376 | 1,310 | 1,185 | 1,170 | 1,332 | 1,616 | |
| Operating Profit | 128 | 110 | 223 | 271 | 506 | -242 | 411 | 512 | 492 | 547 | 738 | 1,462 |
| OPM % | 13% | 10% | 18% | 16% | 28% | -29% | 23% | 28% | 29% | 32% | 36% | 48% |
| 67 | 52 | 27 | 41 | 37 | 57 | 35 | 50 | 96 | 54 | 78 | -24 | |
| Interest | 1 | 3 | 14 | 26 | 60 | 62 | 64 | 30 | 17 | 17 | 8 | 5 |
| Depreciation | 113 | 119 | 142 | 165 | 253 | 291 | 295 | 150 | 175 | 175 | 176 | 200 |
| Profit before tax | 80 | 40 | 94 | 122 | 230 | -538 | 87 | 382 | 396 | 410 | 634 | 1,233 |
| Tax % | 16% | 5% | 34% | 35% | 37% | 6% | -26% | 2% | 25% | 28% | 26% | 25% |
| 68 | 38 | 62 | 80 | 146 | -569 | 110 | 374 | 295 | 295 | 469 | 921 | |
| EPS in Rs | 0.73 | 0.41 | 0.67 | 0.86 | 1.57 | -6.15 | 1.19 | 3.87 | 3.05 | 3.05 | 4.85 | 9.52 |
| Dividend Payout % | 21% | 0% | 30% | 29% | 33% | 0% | 29% | 30% | 30% | 30% | 30% | 30% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 11% |
| 5 Years: | 11% |
| 3 Years: | 22% |
| TTM: | 49% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 39% |
| 5 Years: | 55% |
| 3 Years: | 50% |
| TTM: | 114% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 27% |
| 5 Years: | 27% |
| 3 Years: | 77% |
| 1 Year: | 152% |
| Return on Equity | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 22% |
| 3 Years: | 23% |
| Last Year: | 33% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 463 | 463 | 463 | 463 | 463 | 463 | 463 | 484 | 484 | 484 | 484 | 484 |
| Reserves | 1,399 | 948 | 1,004 | 1,065 | 1,174 | 498 | 627 | 1,428 | 1,599 | 1,802 | 2,181 | 2,864 |
| 0 | 207 | 472 | 657 | 1,070 | 1,564 | 1,137 | 409 | 156 | 223 | 167 | 111 | |
| 371 | 1,181 | 597 | 630 | 636 | 802 | 819 | 844 | 956 | 971 | 880 | 963 | |
| Total Liabilities | 2,233 | 2,799 | 2,536 | 2,814 | 3,344 | 3,326 | 3,046 | 3,164 | 3,194 | 3,479 | 3,711 | 4,421 |
| 202 | 178 | 354 | 332 | 316 | 337 | 322 | 282 | 1,326 | 1,430 | 1,731 | 1,922 | |
| CWIP | 851 | 733 | 279 | 660 | 1,022 | 1,232 | 1,179 | 683 | 731 | 917 | 766 | 741 |
| Investments | 71 | 76 | 0 | 0 | 0 | 0 | 1 | 1 | 10 | 29 | 31 | 31 |
| 1,108 | 1,812 | 1,903 | 1,822 | 2,005 | 1,757 | 1,544 | 2,199 | 1,127 | 1,102 | 1,183 | 1,727 | |
| Total Assets | 2,233 | 2,799 | 2,536 | 2,814 | 3,344 | 3,326 | 3,046 | 3,164 | 3,194 | 3,479 | 3,711 | 4,421 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 237 | 262 | -260 | 372 | 252 | 86 | 832 | 1,052 | 674 | 341 | 544 | 1,474 | |
| -209 | -451 | -258 | -558 | -587 | -430 | -364 | -404 | -337 | -525 | -402 | -434 | |
| -109 | 183 | -8 | -96 | 445 | 42 | 133 | -251 | -339 | -39 | -152 | -299 | |
| Net Cash Flow | -80 | -7 | -526 | -282 | 110 | -302 | 601 | 397 | -3 | -222 | -10 | 741 |
| Free Cash Flow | 82 | -29 | -352 | -25 | -147 | -135 | 629 | 829 | 574 | -193 | 132 | 1,348 |
| CFO/OP | 238% | 253% | -109% | 141% | 61% | -54% | 202% | 225% | 153% | 82% | 95% | 118% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 31 | 20 | 50 | 18 | 73 | 36 | 34 | 16 | 14 | 29 | 30 | 16 |
| Inventory Days | 737 | 1,189 | 413 | |||||||||
| Days Payable | 204 | 358 | 147 | |||||||||
| Cash Conversion Cycle | 31 | 20 | 50 | 550 | 903 | 36 | 301 | 16 | 14 | 29 | 30 | 16 |
| Working Capital Days | 178 | 137 | 162 | 23 | 69 | -96 | 18 | -19 | -29 | 35 | 56 | -28 |
| ROCE % | 4% | 2% | 6% | 7% | 12% | -18% | 6% | 18% | 18% | 18% | 24% | 42% |
Insights
In beta| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2031 (P) | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Average Ore Grade % Cu |
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| Copper Ore Production Lakh Tonnes |
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| Metal in Concentrate (MIC) Production Tonnes |
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| Refined Copper (Cathode) Production Tonnes |
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| Copper Wire Rod Production (via Tolling) Tonnes |
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| Planned Total Mine Capacity (Expansion Target) MTPA |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
1m - Newspaper Publication of Audited Financial Publication for Quarter and Year Ended 31.03.2026 is submitted.
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Progress W.R.T. Agreement For Cooperation And Exchange Of Information With CODELCO And Hindustan Copper Limited
20h - HCL signed NDA with CODELCO, hired advisor, and visited Chile exploration sites for copper blocks.
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Results - Financial Result For FY 2025-26
24h - Hindustan Copper approved audited Q4 and FY26 results on 15 May 2026; board recommended ₹1.86 dividend.
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Board Meeting Outcome for Outcome Of Board Meeting
1d - Board approved FY26 results; recommended Rs1.86 final dividend; proposed QIP of 9.69 crore shares and Rs500 crore debt raise.
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Announcement under Regulation 30 (LODR)-Change in Directorate
1d - Shri Ghanshaym Das Gupta assumed charge as Director (Mining) on 14 May 2026; Sanjeev Kumar Sinha relieved.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2013
from nse
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Financial Year 2012
from bse
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)