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Hindustan Copper Ltd
NSE: HINDCOPPER BSE: 513599 INE531E01026 Commodities Metals 🔎 Screen
₹52,775 Cr
Market Cap
53.3
P/E
6.66
PEG
42.4%
ROCE
32.9%
ROE
0.05
D/E
29.3%
OPM
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📈 Price History
Ratio Health
Excellent
Good
Average
Poor
By Category
Shareholding
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.

✓ 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.
! Concerns

No concerns data yet.

Key Ratios Snapshot
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📈 Growth Pattern
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📈 STRONG Revenue up 58% YoY; Net profit surges 133% YoY
Revenue
Revenue for Mar 2026 quarter stood at ₹1,156 crore, a 58.1% jump from ₹731 crore in Mar 2025. Sequentially, revenue grew 68.3% from ₹687 crore in Dec 2025, indicating strong operational momentum.
Profitability
Net profit surged 132.5% YoY to ₹444 crore from ₹191 crore, and rose 184.6% QoQ from ₹156 crore. EPS improved to ₹4.59 from ₹1.97 YoY, reflecting robust earnings growth.
Margins
Operating profit margin expanded sharply to 54% from 36% YoY, driven by higher operating leverage. The margin also improved from 50% in the prior quarter, highlighting sustained cost efficiency.
Cash Flow
Cash flow data for the quarter was not disclosed. Hence, quality of earnings relative to cash conversion cannot be assessed from this report.
Balance Sheet
Borrowings stand at a low ₹111 crore against reserves of ₹2,864 crore, resulting in a debt-to-equity ratio of just 0.05. Total assets are ₹4,421 crore, indicating a strong capital structure.
Key Risks
1) High PE of 82.6x suggests elevated valuation expectations. 2) Dependency on copper price volatility could impact future margins. 3) Debt-free profile may limit leverage benefits but also reduces financial risk.
Outlook
With revenue and profit growth accelerating, Hindustan Copper is benefiting from strong demand and operational efficiency. However, sustainability will depend on global copper prices and volume growth in coming quarters.
Generated by AI · Mar 2026 results · Not investment advice
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📊 Analysis Methodology

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Investment Risk:
Investing in securities, including equities and mutual funds, involves inherent risks, including the potential loss of principal. All investments are subject to market fluctuations, regulatory changes, and other risks that may affect their value. Past performance is not indicative of future results. This report is provided for informational and educational purposes only and should not be construed as investment advice under any circumstances.

No Investment Recommendation:
This report does not constitute, nor should it be interpreted as, an offer, solicitation, or recommendation to buy, sell, or hold any securities or financial products. Investors are strongly advised to conduct their own independent research and due diligence and to consult with a SEBI-registered investment adviser or other qualified financial professional before making any investment decisions, taking into account their individual financial situation, risk tolerance, and investment objectives.

Conflict of Interest Disclosure:
The author and/or analyst may currently hold or have previously held positions in the securities or financial instruments discussed in this report. Any such positions, if material, are disclosed to the best of the author's knowledge and are not intended to influence the objectivity or independence of the analysis. This research is produced independently and is not sponsored, endorsed, or commissioned by any company, institution, or third party.

Information Sources:
The analysis and opinions expressed herein are based on publicly available information, including but not limited to company filings with the BSE/NSE, annual reports, management commentary, investor presentations, data from the Reserve Bank of India (RBI), SEBI, industry publications, and other reliable financial data sources. Information is believed to be accurate as of the date of publication but may be subject to change without notice. Readers are encouraged to independently verify all information before acting upon it.

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