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 ₹ 25,288 Cr.
- Current Price ₹ 262
- High / Low ₹ 416 / 156
- Stock P/E 62.8
- Book Value ₹ 24.9
- Dividend Yield 0.35 %
- 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 10.5 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 BSE 250 SmallCap Index Nifty Smallcap 50 Nifty Smallcap 250 Nifty Smallcap 100 Nifty Metal
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 | 1,976 | |
| 1,310 | 1,074 | 1,375 | 1,310 | 1,185 | 1,170 | 1,303 | |
| Operating Profit | 506 | -242 | 411 | 512 | 492 | 547 | 673 |
| OPM % | 28% | -29% | 23% | 28% | 29% | 32% | 34% |
| 37 | 57 | 35 | 50 | 96 | 55 | 68 | |
| Interest | 60 | 62 | 64 | 30 | 17 | 17 | 12 |
| Depreciation | 253 | 291 | 295 | 150 | 175 | 175 | 174 |
| Profit before tax | 230 | -538 | 87 | 382 | 396 | 411 | 555 |
| 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: | 6% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 15% |
| 3 Years: | 39% |
| TTM: | 26% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | 45% |
| 3 Years: | 31% |
| 1 Year: | 65% |
| 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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Announcement under Regulation 30 (LODR)-Newspaper Publication
12 Nov - Newspaper clipping of the Financial Results of Hindustan Copper Ltd for the quarter ended 30.9.2024 is submitted.
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Statement Of Deviation & Variation For The Quarter Ended 30.9.2024
11 Nov - Statement of deviation in fund utilization for QIP.
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Outcome Of Board Meeting Held On 11.11.2024
11 Nov - Board approved unaudited financial results for Q2 2024.
- Financial Results Of Hindustan Copper Ltd For The Quarter And Half Year Ended 30.9.2024 11 Nov
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Announcement under Regulation 30 (LODR)-Change in Directorate
2 Nov - Two independent directors completed their tenure.
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
from nse
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Financial Year 2012
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Financial Year 2011
from bse
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]