Hindustan Copper

HINDCOPPER · NSE · Large Cap

K
Data Room
Back to companies
Cables & Conductors·Listed·Directness 18/100

Hindustan Copper

India's only integrated copper producer; renewable evacuation beneficiary.

Cables & Conductors
Sell / Avoid
Last price
₹572.00
52W: ₹212 – ₹760
-24.7% from 52W high
Mkt Cap
₹55.27K Cr
P/E
83.5x
EV/EBITDA
75.1x
ROCE
23.7%
ROE
18.6%
Book Value
₹30.8
Promoter
66.1%
Real financial data sourced from Screener.in · annual + quarterly statements below

Scoring breakdown

SageOne-style fundamental · TQ-100 technical · solar overlays

B+
Fundamental (30%)
71
Valuation (20%)
13
Technical (20%)
65
Solar exposure (10%)
18
Policy beneficiary (7.5%)
60
Project pipeline (5%)
55
Governance safety (7.5%)
80

52-week position

Real snapshot from Screener

₹212Current: ₹572₹760
P/E
83.5x
P/B
18.6x
Div Yield
0.26%

Investment thesis

One-liner · bull · bear · monitorables

One-liner. Hindustan Copper: solar capex + rooftop wave + electrification all support double-digit cable demand growth.

Bull case

Bull case for Hindustan Copper: continued capacity ramp at attractive unit economics, supportive policy (PLI / ALMM / RPO / open access), benign module + commodity cycle, healthy receivable conversion, and re-rating from current valuation as execution beats consensus.

Bear case

Bear case for Hindustan Copper: module/tariff price crash, working-capital blowout from DISCOM receivables, leverage spiking past 4x net-debt/EBITDA, ALMM/PLI delays, Chinese dumping, and de-rating to historical median multiples on growth disappointment.

Key monitorables
  • 01Quarterly capacity commissioned vs guidance
  • 02Receivable days from DISCOMs and large customers
  • 03Net debt / EBITDA trajectory
  • 04Order book to revenue cover

Solar exposure

Directness · policy linkage · BOM

Primary segmentCables & Conductors
Directness18/100
ALMM eligible—
PLI beneficiary—
Imported BOM—

Valuation snapshot

Multiple methods · solar-specific multiples

MethodValueHist %ile
P/E (TTM)83.5x—
Forward P/E——
EV/EBITDA75.1x—
EV/Sales26.8x—
P/B18.6x—
FCF Yield0.3%—

Project pipeline

0 tracked projects

No tracked projects.

Financials

Source: Screener.in (consolidated) · ticker HINDCOPPER · last updated 2026-05-11

Open on Screener.in
Market Cap
₹55.27K Cr
Price
₹572.00
Stock P/E
83.5x
Book Value
₹30.8
ROCE
23.7%
ROE
18.6%
Div Yield
0.26%
52W Range
₹212 – ₹760

Ratio analysis (derived from statements)

Growth · profitability · returns · leverage · cash flow · valuation

Growth
Sales 1Y20.6%
Sales 3Y CAGR4.4%
Sales 5Y CAGR3.8%
PAT 1Y57.6%
PAT 3Y CAGR7.5%
PAT 5Y CAGR43.4%
Profitability
OPM latest36.0%
PAT margin latest22.5%
PAT margin 3Y avg19.1%
ROE18.6%
ROCE23.7%
Asset turnover0.56x
Leverage & cash
D / E0.06x
Net Debt / EBITDA0.23x
Borrowings / Assets4.5%
CFO / EBITDA0.74x
CFO / PAT1.17x
FCF (TTM proxy)₹142 Cr
Valuation
P/E83.5x
EV/EBITDA75.1x
EV/Sales26.77x
P/B18.57x
FCF Yield0.26%
Div Yield0.26%

Annual P&L · 5 years

₹ Crore. Source: Screener.in consolidated.

MetricMar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Sales1,7871,8221,6771,7172,071
Operating Profit411512492547738
OPM %23%28%29%32%36%
Net Profit110374295295465
EPS (₹)1.193.873.063.054.81

Quarterly results · last 4 quarters

₹ Crore.

MetricSep 2024Dec 2024Mar 2025Jun 2025
Sales518328731516
OPM %29%33%36%41%
Net Profit10263187134

Balance sheet · 5 years

₹ Crore.

ItemMar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Equity Capital463484484484484
Reserves6271,4281,5991,8022,177
Borrowings1,137409156223167
Fixed Assets—————
Total Assets3,0463,1643,1943,4793,708

Cash flow · 5 years

₹ Crore.

ActivityMar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Operating8321,052674341544
Investing-364-404-337-525-402
Financing133-251-339-39-152
Net Cash Flow601397-2-223-10

Shareholding pattern

Latest disclosed

Promoters
66.14%
FII
6.34%
DII
5.39%
Public
22.14%

Policy linkages

Schemes where this company is a confirmed or likely beneficiary

No direct policy linkages tracked.