1. Hindustan Copper
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Hindustan Copper Share Price

HINDCOPPER

₹332.95-₹3.95 (-1.17%) TodayLast updated on 18 Jun, 2024 | 03:59 PM IST
₹331.90₹338.65
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Company overview

Financial performance

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Market cap

Market Cap Switch₹32,579 Crs

Open

₹336.10

Close

₹336.90

Circuit range

₹366.20 - ₹299.65

Day range

₹331.90 - ₹338.65

Year range

₹112.25 - ₹415.80

Volume

42,35,765

Avg. traded

₹333.84

Revenue (12m)

₹1,717 Crs

Hindustan Copper

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

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52 week high

₹415.80

52 week low

₹112.25

P/E ratio

110.1

P/B ratio

14.24

ROE

14.79%

ROCE

18.12%

Dividend yield

0.27%

Debt/Equity ratio

0.08

EPS

3.05

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Investment checklist: (4/6)

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Equity returns

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Safety factor

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Growth factor

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Debt vs Equity

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Profit factor

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Fundamentals

Financial ratios

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  • Profitability

  • Operational

  • Valuation

Operating profit margin

35.05%

Net profit margin

17.61%

ROE

14.79%

ROA

9.91%

ROCE

18.12%

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Hindustan Copper Shareholder returns

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1 day

+0.30%

1 week

-1.00%

1 month

-11.17%

3 months

+28.25%

1 year

+191.94%

3 years

+101.74%

5 years

+734.94%

Hindustan Copper Share Price history

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DayOpenCloseDay’s change
Tue, Jun 18 2024
₹336.10
₹332.95
-1.17%
Fri, Jun 14 2024
₹336.00
₹336.90
+0.30%
Thu, Jun 13 2024
₹337.00
₹335.90
+0.15%
Wed, Jun 12 2024
₹329.50
₹335.40
+1.70%
Tue, Jun 11 2024
₹337.00
₹329.80
-2.03%
Mon, Jun 10 2024
₹340.00
₹336.65
-1.07%
Fri, Jun 7 2024
₹337.70
₹340.30
+0.89%
Thu, Jun 6 2024
₹325.00
₹337.30
+5.09%

Shareholding info

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Promoters (66.14%)

Mutual Funds (5.01%)

Retail and other (18.45%)

Foreign institutions-FII (3.13%)

Other domestic institutions (7.27%)

Promoters

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Events

Corporate actions

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  • Dividend • ₹0.92/share

    Ex date 22 Sep 2023

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  • Dividend • ₹1.16/share

    Ex date 20 Sep 2022

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Frequently asked questions