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 ₹ 21,518 Cr.
- Current Price ₹ 223
- High / Low ₹ 416 / 207
- Stock P/E 53.5
- Book Value ₹ 24.9
- Dividend Yield 0.41 %
- 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 8.94 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 Nifty Alpha 50 BSE 250 SmallCap Index Nifty India Manufacturing BSE 400 MidSmallCap Index BSE SmallCap
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: | 12% |
| 5 Years: | 45% |
| 3 Years: | 24% |
| 1 Year: | -15% |
| 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
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Code Of Fair Disclosure And Code Of Conduct To Regulate, Monitor And Report Trading By Designated Persons
11 Feb - Amendment to Code of Fair Disclosure and Conduct.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
10 Feb - Newspaper clipping of Financial Results of Hindustan Copper Ltd for the quarter ended 31.12.2024 is submitted.
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Announcement under Regulation 30 (LODR)-Change in Management
8 Feb - Board approved unaudited financial results for Q4 2024.
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Appointment of Company Secretary and Compliance Officer
8 Feb - Board approved unaudited financial results for Q4 2024.
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Integrated Filing (Financial)
8 Feb - Approval of unaudited financial results for Q3 2024.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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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]