Hindustan Copper Ltd logo

Hindustan Copper Ltd

HINDCOPPER NSE

Key Fundamentals

MidcapCopperMetals & Mining
Market Cap
₹54,202 Cr
Volatility
Moderate
P/E Ratio
48.07
EBITDA
₹1,366 Cr
Return on Equity
17.57%
Debt to Equity
0.03
Book Value
₹34.56
EPS
₹3.74
52W High
₹760.05
52W Low
₹226.7

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

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37 extracted metrics + investor summaries across FY13–FY26.

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Tapetide Score

Data-driven rating, 0–100. How it works →

Technical Indicators

Key Insights

Strengths

6
  • 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.

Weaknesses

1
  • Stock is trading at 16.5 times its book value

Growth Rate

Revenue Growth
43.28% ↗
Net Income Growth
90.48% ↗
Cash Flow Change
59.50% ↗
ROE
35.78% ↗
ROCE
35.07% ↗
EBITDA Margin (Avg.)
14.37% ↗

AI Analysis — Bull vs Bear

Anthropic anthropic claude-opus-4.6 17h ago
AI opinion · based on fundamentals
Risk high

Hindustan Copper Ltd, India's sole vertically integrated copper miner, trades at a market cap of ₹53,515 Cr with a PE of 45x and PB of 15.3x. The company has delivered 55% CAGR profit growth over 5 years and 67% TTM sales growth, while operating in a near debt-free position. Valuation multiples are elevated relative to book value, reflecting market expectations of continued expansion in copper demand.

Bull Case 8
  • Compounded profit growth of 55% CAGR over 5 years and 147% TTM profit growth demonstrate strong earnings momentum
  • Company is almost debt-free, providing financial flexibility for capacity expansion without leverage risk
  • TTM sales growth of 67% signals a sharp revenue acceleration compared to the 11% 5-year and 10-year CAGR
  • ROE of 33% in the last year is well above the 5-year average of 22% and 10-year average of 12%, showing improving capital efficiency
  • Debtor days improved from 25.0 to 15.8 days, indicating better working capital management and faster collections
  • Healthy dividend payout ratio of 30.1% provides consistent cash returns to shareholders despite being a growth-phase PSU
  • Stock CAGR of 120% over 1 year and 55% over 3 years reflects strong market re-rating driven by India's copper demand outlook and energy transition tailwinds
  • As India's only integrated copper miner, the company holds a strategic monopoly position in domestic copper ore production
Bear Case 8
  • Stock trades at 15.3x book value, a steep premium that leaves limited margin of safety if growth slows
  • PE ratio of 45x is significantly above the broader metals and mining sector average, pricing in aggressive future growth
  • Dividend yield of just 0.19% offers negligible income return relative to risk-free alternatives
  • 10-year compounded sales CAGR of only 11% suggests the recent 67% TTM spike may not be sustainable over longer cycles
  • Being a public sector undertaking, the company faces risks of government intervention, bureaucratic delays in expansion projects, and policy-driven pricing constraints
  • Copper is a cyclical commodity and any global demand slowdown or copper price correction from current elevated levels would directly compress margins
  • The 120% 1-year stock CAGR far outpaces the 147% profit growth on a TTM basis, suggesting some portion of the rally is valuation multiple expansion rather than pure earnings-driven
  • Limited disclosed data on debt-to-equity ratio and EPS makes comprehensive financial assessment difficult for outside investors

This is AI-generated analysis, not financial advice. Do your own due diligence.

AI News Digest

Anthropic anthropic claude-opus-4.6 17h ago
Headwinds 1
  • Board non-compliance flagged Aug 10

    Auditors noted non-compliance with directorship mandates in Q1FY26 results, indicating governance gaps that may need regulatory attention.

Positives 1
  • Q1 profit surges 162% YoY Aug 11

    Net profit jumped 162% YoY to ~₹352 crore in Q1FY26/27 on 81% revenue growth, with EBITDA margins widening to 54.20%.

Neutral 1
  • Two independent directors appointed Aug 14

    Ministry of Mines appointed Ashish Kumar Khetan and Madhumita Daolagupu as part-time non-official directors for three years, with statutory formalities pending.

TL;DR: Hindustan Copper delivered a standout Q1 with 162% profit growth and strong 54% EBITDA margins, reflecting robust copper realizations and volume gains. Governance concerns around directorship non-compliance are a minor overhang, partly addressed by new board appointments. The operational trend is clearly improving, though sustainability of these margins will depend on copper price trajectory and mine expansion progress.

Quarterly Results

  Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales
371
381
399
565
494
518
328
731
516
718
687
1,156
936
Expenses
278
260
293
340
305
366
220
465
304
436
347
528
429
Operating Profit
93
121
107
226
188
152
108
267
212
282
340
628
508
OPM %
25%
32%
27%
40%
38%
29%
33%
36%
41%
39%
50%
54%
54%
Other Income
14
11
10
20
7
32
16
47
10
11
-78
33
17
Interest
4
4
4
4
3
1
1
2
2
0
2
1
3
Depreciation
41
46
30
59
38
48
38
52
41
44
48
67
50
PBT
62
83
82
183
154
135
84
260
179
249
213
592
472
Tax %
24%
27%
23%
32%
26%
25%
26%
27%
25%
25%
26%
25%
25%
Net Profit
47
61
63
124
113
102
63
191
134
186
156
444
353
EPS in Rs
0.49
0.63
0.65
1.29
1.17
1.05
0.65
1.97
1.39
1.92
1.62
4.59
3.65
Figures in ₹ Crores

Profit & Loss

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
1,016
1,072
1,204
1,670
1,816
832
1,787
1,822
1,677
1,717
2,071
3,078
3,498
Expenses
888
962
981
1,399
1,310
1,074
1,376
1,310
1,185
1,170
1,332
1,616
1,740
Operating Profit
128
110
223
271
506
-242
411
512
492
547
738
1,462
1,758
OPM %
13%
10%
18%
16%
28%
-29%
23%
28%
29%
32%
36%
48%
50%
Other Income
67
52
27
41
37
57
35
50
96
54
78
-24
-17
Interest
1
3
14
26
60
62
64
30
17
17
8
5
6
Depreciation
113
119
142
165
253
291
295
150
175
175
176
200
209
PBT
80
40
94
122
230
-538
87
382
396
410
634
1,233
1,525
Tax %
16%
5%
34%
35%
37%
6%
-26%
2%
25%
28%
26%
25%
—
Net Profit
68
38
62
80
146
-569
110
374
295
295
469
921
1,139
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
11.78
Div. Payout %
21%
0%
30%
29%
33%
0%
29%
30%
30%
30%
30%
30%
—
Figures in ₹ Crores

Balance Sheet

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 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
Borrowings
0
207
472
657
1,070
1,564
1,137
409
156
223
167
111
Other Liabilities
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
Fixed Assets
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
Other Assets
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
Figures in ₹ Crores

Cash Flow

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
237
262
-260
372
252
86
832
1,052
674
341
544
1,474
Investing
-209
-451
-258
-558
-587
-430
-364
-404
-337
-525
-402
-434
Financing
-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
Figures in ₹ Crores

Ratios

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 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%

Shareholding Pattern

As of Jun 2026
Promoters 66.14%
Public 19.78%
FIIs 5.96%
DIIs 4.84%
Others 3.28%
Total 100.00%
  Mar 2021Apr 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters
76.05%
72.76%
72.76%
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%
66.14%
66.14%
66.14%
66.14%
66.14%
66.14%
66.14%
FIIs
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
3.13%
3.22%
3.30%
3.41%
3.27%
3.71%
5.06%
6.56%
6.34%
5.96%
DIIs
12.66%
14.80%
13.02%
17.02%
16.81%
16.44%
15.60%
15.95%
15.92%
16.44%
15.88%
13.27%
13.68%
12.28%
9.34%
9.25%
9.06%
8.58%
8.24%
6.01%
5.57%
5.39%
4.84%
Government
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
Public
9.22%
8.64%
11.46%
14.24%
15.00%
15.48%
15.26%
14.28%
14.21%
13.69%
13.96%
14.70%
14.08%
14.87%
18.19%
17.87%
17.75%
17.58%
18.09%
17.91%
18.07%
19.15%
19.78%
Others
2.07%
3.80%
2.76%
2.59%
2.04%
1.93%
2.99%
3.63%
3.73%
3.72%
4.01%
5.89%
6.10%
3.58%
3.10%
3.45%
3.63%
4.43%
3.81%
4.89%
3.65%
2.98%
3.28%
No. of Shareholders
1,63,636
1,56,756
2,45,042
2,88,303
3,07,314
3,25,776
3,50,892
3,32,048
3,26,981
3,25,454
3,20,901
3,16,684
3,64,291
4,28,801
5,92,285
6,07,887
6,28,085
6,35,955
6,60,201
6,45,660
8,51,683
13,39,150
13,05,640

Documents

Frequently Asked Questions about Hindustan Copper Ltd

What does Hindustan Copper Ltd do?
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 st...
Where is Hindustan Copper Ltd (HINDCOPPER) listed?
Hindustan Copper Ltd is listed on the Indian stock exchanges. It is listed on NSE: HINDCOPPER and BSE: 513599. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Hindustan Copper Ltd belong to?
Hindustan Copper Ltd operates in the Metals & Mining sector within the Copper industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Hindustan Copper Ltd?
Hindustan Copper Ltd has a market capitalisation of approximately ₹54201.70 Cr. Based on this, it is classified as a Large Cap stock.
What is the PE ratio of Hindustan Copper Ltd?
The Price-to-Earnings (PE) ratio of Hindustan Copper Ltd is 48.07. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Hindustan Copper Ltd?
Over the past 52 weeks, Hindustan Copper Ltd has traded between a low of ₹226.7 and a high of ₹760.05. This range helps investors understand the stock's price volatility and recent trading levels.
Does Hindustan Copper Ltd pay dividends?
Yes, Hindustan Copper Ltd has a dividend yield of 0.17%. Dividend yield indicates the annual dividend income relative to the share price. A consistent dividend history can signal financial stability.
What is the Return on Equity (ROE) of Hindustan Copper Ltd?
Hindustan Copper Ltd has a Return on Equity (ROE) of 17.57%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Hindustan Copper Ltd on Tapetide?
On Tapetide, you can view Hindustan Copper Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.

Company Information

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]

Website hindustancopper.com
CEO Mr. Sanjiv Kumar Singh
Employees 1,274
Listed 2010-09-15
Face Value ₹ 5
Issued Size 96,70,24,020

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