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 ₹ 22,183 Cr.
- Current Price ₹ 229
- High / Low ₹ 416 / 184
- Stock P/E 55.2
- Book Value ₹ 24.9
- Dividend Yield 0.40 %
- ROCE 18.0 %
- ROE 13.5 %
- Face Value ₹ 5.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 30.1%
Cons
- Stock is trading at 9.22 times its book value
- The company has delivered a poor sales growth of -1.12% over past five years.
- Working capital days have increased from 30.9 days to 66.4 days
* 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
Sector: Non Ferrous Metals Industry: Mining / Minerals / Metals
Part of BSE 500 BSE PSU Nifty 500 BSE SmallCap Nifty Smallcap 100
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|---|
| 1,816 | 832 | 1,787 | 1,822 | 1,677 | 1,717 | 1,905 | |
| 1,310 | 1,074 | 1,375 | 1,310 | 1,185 | 1,170 | 1,208 | |
| Operating Profit | 506 | -242 | 411 | 512 | 492 | 547 | 697 |
| OPM % | 28% | -29% | 23% | 28% | 29% | 32% | 37% |
| 37 | 57 | 35 | 50 | 96 | 55 | 51 | |
| Interest | 60 | 62 | 64 | 30 | 17 | 17 | 9 |
| Depreciation | 253 | 291 | 295 | 150 | 175 | 175 | 182 |
| Profit before tax | 230 | -538 | 87 | 382 | 396 | 411 | 558 |
| Tax % | 37% | 6% | -26% | 2% | 25% | 28% | |
| 145 | -569 | 110 | 374 | 295 | 295 | 402 | |
| EPS in Rs | 1.57 | -6.16 | 1.19 | 3.87 | 3.06 | 3.05 | 4.16 |
| Dividend Payout % | 33% | 0% | 29% | 30% | 30% | 30% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -1% |
| 3 Years: | -1% |
| TTM: | 11% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 15% |
| 3 Years: | 39% |
| TTM: | 33% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 56% |
| 3 Years: | 31% |
| 1 Year: | -43% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 6% |
| 3 Years: | 17% |
| Last Year: | 14% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 463 | 463 | 463 | 484 | 484 | 484 | 484 |
| Reserves | 1,174 | 497 | 627 | 1,428 | 1,599 | 1,802 | 1,924 |
| 1,070 | 1,564 | 1,137 | 409 | 156 | 222 | 92 | |
| 636 | 802 | 819 | 844 | 956 | 971 | 887 | |
| Total Liabilities | 3,343 | 3,326 | 3,046 | 3,164 | 3,194 | 3,479 | 3,386 |
| 317 | 337 | 322 | 282 | 1,326 | 1,430 | 1,481 | |
| CWIP | 1,022 | 1,232 | 1,179 | 683 | 731 | 917 | 973 |
| Investments | 0 | 0 | 1 | 1 | 10 | 29 | 29 |
| 2,005 | 1,757 | 1,544 | 2,199 | 1,127 | 1,102 | 902 | |
| Total Assets | 3,343 | 3,326 | 3,046 | 3,164 | 3,194 | 3,479 | 3,386 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| 252 | 86 | 832 | 1,052 | 674 | 292 | |
| -587 | -430 | -364 | -404 | -337 | -476 | |
| 445 | 42 | 133 | -251 | -339 | -39 | |
| Net Cash Flow | 110 | -302 | 601 | 397 | -3 | -222 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| Debtor Days | 73 | 36 | 34 | 16 | 14 | 29 |
| Inventory Days | 1,176 | 409 | 602 | |||
| Days Payable | 354 | 145 | 378 | |||
| Cash Conversion Cycle | 894 | 36 | 298 | 239 | 14 | 29 |
| Working Capital Days | 169 | 311 | 93 | 25 | 2 | 66 |
| ROCE % | -18% | 6% | 18% | 18% | 18% |
Documents
Announcements
-
Board Meeting Intimation for 1. Approval Of Accounts And Finacial Results Of HCL (Standalone And Consolidated) For The Quarter And Year Ended On 31.03.2025
2. Recommendation For Seeking Approval Of Shareholders For Payment Of Dividend For FY 2024-25.
17 May - Board meeting on 27.05.2025 to approve FY25 results and recommend dividend; trading window closed till 29.05.2025.
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
17 May - Annual Secretarial Compliance Report discloses board non-compliance, fines, and governance status for FY 2024-25.
-
Board Comments On Fine Levied By The Exchanges For The Quarter Ended 31.12.2024
1 May - Hindustan Copper fined Rs 5.42 lakh each by BSE and NSE for board composition non-compliance.
-
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
17 Apr - Initial disclosure: Not classified as a Large Corporate under SEBI.
-
Resumption Of Ore Production At Kolihan Copper Mine Of Khetri Copper Complex, A Unit Of Hindustan Copper Ltd
10 Apr - Resumption of ore production at Kolihan copper mine.
Annual reports
-
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
-
Financial Year 2011
from bse
Only Indian Company mining Copper
Hindustan Copper Limited(HCL) is the only Public sector undertaking which is engaged in producing Copper right from mining to benefication, smelting, refining, casting of refined copper metal and converting into saleable products.[1]