Hindustan Copper Share Price
HINDCOPPER
Hindustan Copper Share Price Chart
About Hindustan Copper
Hindustan Copper Financials
Market cap ₹26,255 Crs | Open ₹278.65 | Close ₹279.65 |
Circuit range ₹298.65 - ₹244.35 | Day range ₹261.00 - ₹283.65 | Year range ₹229.00 - ₹415.80 |
Volume 40,06,043 | Avg. traded ₹276.42 | Revenue (12m) ₹1,976 Crs |
Hindustan Copper Limited (HCL) is a miniratna public sector undertaking (PSU) under the Ministry of Mines. HCL operates mines and plants nationwide, with its flagship unit located at the Khetri Copper field in Rajasthan.
The company was founded in November 1967, as a Government of India Enterprise. The company was established to oversee National Mineral Development Corporation Ltd's plants, projects, programmes related to discovering and developing copper reserves.
It is the only vertically integrated producer of refined copper and the sole owner of all operating mining leases for copper ore.
The private sector company Indian Copper Corporation Limited, located in Ghatsila, Jharkhand, equipped with smelter and refinery facilities, was nationalised in 1972. It was amalgamated to Hindustan Copper Limited (HCL).
In 1975, a fully integrated copper complex, spanning from mining to refining, commenced operations at Khetri with a refining capacity of 31,000 tonnes of copper. In November 1982, the country's largest hard rock open-pit mine began operations at Malanjkhand in Madhya Pradesh, boasting a capacity of 2 million tonnes of ore.
In 1989, the company commissioned the continuous cast wire rod plant of South Wire Technology with a capacity of 60,000 metric tonnes at Taloja in Maharashtra.
In June 2015, the secondary copper smelter and refinery unit, capable of producing 50,000 tonnes per annum of copper cathodes conforming to LME-A grade, was acquired in Jhagadia, Gujarat.
Hindustan Copper Limited’s registered office is located in Kolkata. The Government of India owns 66.14% stake in the company as of September 30, 2023.
Hindustan Copper Limited’s market capitalisation stood at nearly ₹25,400 crore, as of January 12, 2024. Hind copper share price has gone up by more than 300% in the last three years.
Hindustan Copper business operation
Hindustan Copper operates five units: Malanjkhand Copper Project (MCP) at Malanjkhand, Madhya Pradesh; Khetri Copper Complex (KCC) at Khetri Nagar, Rajasthan; Indian Copper Complex (ICC) at Ghatsila, Jharkhand; Taloja Copper Project (TCP) at Taloja, Maharashtra; and Gujarat Copper Project (GCP) at Jhagadia, Gujarat.
The Taloja unit manufactures wire rods while the Jhagadia Unit has secondary copper smelting and refining capabilities. The Malanjkhand and Khetri units only have mining and ore beneficiation facilities, and the fully integrated Ghatsila unit has facilities from mining to refined copper production.
Chhattisgarh Copper Limited (CCL), a joint venture (JV) formed by Hindustan Copper Limited and Chhattisgarh Mineral Development (CMDC) was established in 2018. The joint venture has been formed to explore, mine and beneficiation of copper and its associated minerals in Chhattisgarh.
By FY 2028-2029, the Company aims to increase its ore production capacity from 4.24 million tonnes per annum (MTPA) as of FY 2020–21 to 12.20 MTPA.
Financial Highlights
The company’s total consolidated revenue decreased to ₹1,773.20 crore in FY23 from ₹1,872.17 crore in FY22. Profit After Tax in FY23 stood at ₹295.31 crore as against ₹373.78 crore in FY22, registering a drop of about 21%. The company made total capital expenditure of ₹381.28 crore in FY23. Its earnings per share (EPS) in FY23 was ₹3.06, compared to ₹3.87 in FY22.
Hindustan Copper Key indicators
52 week high ₹415.80 | 52 week low ₹229.00 | P/E ratio 65.4 |
P/B ratio 11.64 | ROE 13.53% | ROCE 17.99% |
Dividend yield 0.32% | Debt/Equity ratio 0.1 | EPS 3.05 |
Learn more
Sector
Equity returns
Dividend returns
Safety factor
Growth factor
Debt vs Equity
Profit factor
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily
Hindustan Copper Fundamentals
Hindustan Copper Financial Ratios
Operating profit margin35.05% | Net profit margin17.21% |
ROE13.53% | ROA9.24% |
ROCE17.99% |
Quick ratio0.76 | Current ratio1.03 |
Interest coverage25.74 | Asset turnover0.54 |
Debt to Equity0.1 |
P/E ratio65.4 | P/B ratio11.64 |
EV / EBITDA44.94 | |
Dividend yield0.32% |
Learn more
Revenue statement
All values are in ₹ Crores (Cr)Learn more
Cash flow
All values are in ₹ Crores (Cr)Learn more
Balance sheet
All values are in ₹ Crores (Cr)Total assets
Total liabilities
Learn more
Hindustan Copper Share Price history
Day | Open | Close | Change % |
---|---|---|---|
Fri, Dec 20 2024 | ₹278.65 | ₹271.50 | -2.91% |
Thu, Dec 19 2024 | ₹273.10 | ₹279.65 | -0.46% |
Wed, Dec 18 2024 | ₹282.50 | ₹280.95 | -1.25% |
Tue, Dec 17 2024 | ₹288.40 | ₹284.50 | -2.12% |
Mon, Dec 16 2024 | ₹290.00 | ₹290.65 | -0.45% |
Fri, Dec 13 2024 | ₹289.70 | ₹291.95 | |
Thu, Dec 12 2024 | ₹289.60 | ₹291.15 | |
Wed, Dec 11 2024 | ₹292.30 | ₹290.05 | -0.62% |
Events
Corporate actions
Dividend • ₹0.92/share
Ex date 19 Sep 2024
Dividend • ₹0.92/share
Ex date 22 Sep 2023
Dividend • ₹1.16/share
Ex date 20 Sep 2022
Learn more