Hindustan Copper share price
NSE: HINDCOPPERBSE: 513599Non - Ferrous MetalsMid Cap
Hindustan Copper Limited · Face value ₹5 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed Aug 1994 on BSE, Jan 2010 on NSE
Last close ₹409.15up ₹1.80 (0.44%)BSE ₹409.10
Share price at the NSE close on 28 Oct 2026. Previous close ₹407.35.
28 Oct: open ₹405.00, high ₹413.60, low ₹404.10
52-week range of traded prices to 28 Oct 2026
₹308.50Low, 24 Nov 2025₹760.05High, 29 Jan 2026
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹39,566 Cr194th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 34.81
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 11.84
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.70%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 37.9%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 42.1%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- 0.03
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 28,08,73135.3% delivered
About Hindustan Copper
Hindustan Copper Limited mines copper ore and processes it into copper concentrate (ore crushed and treated to raise its copper content), which is mostly bought by copper producers in India.12 It is a central public sector company under the Ministry of Mines, Government of India, with copper mines and concentrator plants in Madhya Pradesh, Rajasthan and Jharkhand, and a copper wire rod plant at Taloja in Maharashtra.3
It reports a single business segment, and its main product is copper concentrate with a grade of 17-26% copper, from the Malanjkhand, Khetri and Indian Copper Complex units.14 The Taloja plant turns other companies' copper cathode (refined copper plates) into wire rod as a tolling (conversion) service, and smelting and refining at the Indian Copper Complex were suspended in 2019.563
It was set up in 1967 and is a Miniratna Category-1 company, a status the government gives profitable state-owned companies with more freedom over their own spending.7 As a Government Company, its directors are appointed by the President of India through the Ministry of Mines.8 It holds 74% of Chhattisgarh Copper Ltd, a joint venture for copper exploration and mining in Chhattisgarh, and 30% of Khanij Bidesh India Ltd, which seeks minerals overseas for India.519
Hindustan Copper key points
Results
- On a standalone basis, in the year to Mar 2026 revenue from operations was ₹3,077.92 crore, profit before tax ₹1,232.73 crore and profit after tax ₹920.67 crore, each the highest the company has recorded.10
- Consolidated EBITDA (earnings before interest, tax, depreciation and amortisation) was 48.70% of total income in the year to Mar 2026, against 37.93% a year earlier.11
- For the year to Mar 2026 the company paid an interim dividend of ₹1.00 a share; as of its annual report of 27 Aug 2026, its board had recommended a final dividend of ₹1.86 a share, a total outgo of about ₹276.57 crore.12
- Export sales earned ₹406.48 crore of foreign exchange in the year to Mar 2026, against ₹148.29 crore a year earlier.13
Market position
Mines and reserves
- Hindustan Copper's copper ore reserves and resources (ore found and estimated within its leases) were 785.99 million tonnes on 1 Apr 2026.16
- Hindustan Copper's copper ore production was 36.72 lakh tonnes in the year to Mar 2026, and output of metal in concentrate (the copper contained in its concentrate) was the highest in 7 years; the company has begun corrective measures for geological challenges at Malanjkhand.1718
- In the year to Mar 2026, mining resumed at the Kendadih mine, pre-mining work progressed at the Rakha mine, and the company became the preferred bidder for the Baghwari-Khirkhori copper block.19
Plants and capacity
- Ore milling capacity by unit (lakh tonnes)2021
Malanjkhand Copper Project 25 Khetri Copper Complex 18 Indian Copper Complex 4 - The Taloja wire rod plant has a capacity of 0.6 lakh tonnes, and the Gujarat Copper Project, with a refining capacity of 0.5 lakh tonnes, is not in operation.22
- In its presentation of 21 Sep 2026, the company said it had issued a letter of intent to Lohum Materials Pvt. Ltd under a revenue sharing model for the Gujarat Copper Project, with production to start by the quarter to Mar 2027.23
Expansion and capital spending
- In its presentation of 21 Sep 2026, the company said it is raising mining capacity from around 4 MTPA (million tonnes of ore a year) to 12.20 MTPA by Mar 2030, and plans investment of over ₹7,000 crore in the next 5 to 6 years.242526
- The company stated in its annual report for the year to Mar 2026 that an underground mine being developed beneath the Malanjkhand open-cast mine is expected to raise ore production capacity there from 2.5 MTPA to 5.0 MTPA.27
- The company stated in its annual report for the year to Mar 2026 that South West Mining Limited has a 20-year contract, extendable by 10, to reopen Rakha mine, develop a Chapri underground mine and build a concentrator, with capex estimated at about ₹2,700 crore.28
- Spending on mine expansion, mine development, plant replacement and greenfield exploration was ₹464.53 crore in the year to Mar 2026, funded from internal accruals.29
Recent events
- On 22 Sep 2026, ICRA upgraded its long-term credit rating (an opinion on the company's ability to repay debt) on ₹2,100 crore of bank facilities to [ICRA]AAA (Stable) from [ICRA]AA+ (Stable).30
- In its exchange filing of 27 Aug 2026, the company said its annual meeting of 23 Sep 2026 would vote on issuing up to 9,69,76,680 shares to institutions to fund capex and expansion, and bonds of up to ₹500 crore; its documents give no outcome.31
Litigation and regulatory matters
- An arbitral award of about ₹320 crore plus interest went against the company in a dispute with the IVRCL-led consortium over a Malanjkhand mine contract; the company has challenged it in the Commercial Court, Jabalpur.32
- The consortium has filed in the Calcutta High Court to execute the award, and the company has applied to stay that execution; as of its annual report of 27 Aug 2026, the court had not taken up its plea to stay the award.33
- The company is appealing to a division bench of the Jharkhand High Court against a ruling that water cess applies to river water it draws from the Subarnarekha; it provided ₹47.14 crore for the possible liability at the end of Mar 2026.34
- As of its annual report of 27 Aug 2026, ₹246.53 crore of terminal tax demands from the Municipal Council, Malanjkhand was in dispute, and the company had sought an amicable resolution under the government's mechanism for disputes of public sector companies.35
Last updated
All 35 sources, each with its page
- 1. Annual report, 27 Aug 2026, page 197
- 2. Investor presentation, 21 Sep 2026, page 8
- 3. Annual report, 27 Aug 2026, page 121
- 4. Investor presentation, 21 Sep 2026, page 9
- 5. Investor presentation, 21 Sep 2026, page 5
- 6. Annual report, 27 Aug 2026, page 257
- 7. Investor presentation, 21 Sep 2026, page 4
- 8. Annual report, 27 Aug 2026, page 59
- 9. Annual report, 27 Aug 2026, page 48
- 10. Annual report, 27 Aug 2026, page 5
- 11. Annual report, 27 Aug 2026, page 69
- 12. Annual report, 27 Aug 2026, page 47
- 13. Annual report, 27 Aug 2026, page 72
- 14. Annual report, 27 Aug 2026, page 62
- 15. Investor presentation, 21 Sep 2026, page 4
- 16. Investor presentation, 21 Sep 2026, page 4
- 17. Annual report, 27 Aug 2026, page 5
- 18. Annual report, 27 Aug 2026, page 6
- 19. Annual report, 27 Aug 2026, page 6
- 20. Investor presentation, 21 Sep 2026, page 5
- 21. Investor presentation, 21 Sep 2026, page 5
- 22. Investor presentation, 21 Sep 2026, page 5
- 23. Investor presentation, 21 Sep 2026, page 23
- 24. Investor presentation, 21 Sep 2026, page 4
- 25. Investor presentation, 21 Sep 2026, page 24
- 26. Annual report, 27 Aug 2026, page 6
- 27. Annual report, 27 Aug 2026, page 47
- 28. Annual report, 27 Aug 2026, page 235
- 29. Annual report, 27 Aug 2026, page 64
- 30. Exchange filing, 22 Sep 2026, page 1
- 31. Exchange filing, 27 Aug 2026, page 1
- 32. Annual report, 27 Aug 2026, page 175
- 33. Annual report, 27 Aug 2026, page 175
- 34. Annual report, 27 Aug 2026, page 255
- 35. Annual report, 27 Aug 2026, page 175
Results
Standalone, as consolidated accounts are on record for only 8 of the last ten years; ₹ crore.Hindustan Copper quarterly results
- Revenue growth, 12 monthsRevenue growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +67.1%
- Net profit growth, 12 monthsNet profit growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +133.9%
Quarter to Jun 2026, against the quarter before
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹937 Crdown 18.99%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent. Net profit in the glossary
- ₹353 Crdown 20.59%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
- 37.7%
Revenue by quarter
Peak revenue ₹1,156 Cr, quarter to Mar 2026; lowest ₹328 Cr, quarter to Dec 2024
Net profit by quarter, a loss in red
| ₹ crore | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 518 | 328 | 731 | 516 | 718 | 687 | 1,156 | 937 |
| Net profit | 102 | 63 | 191 | 134 | 186 | 156 | 444 | 353 |
| Net margin | 19.6% | 19.2% | 26.1% | 26.0% | 25.9% | 22.7% | 38.4% | 37.7% |
Standalone. The last eight quarters. The latest is shaded.
Year to Mar 2026, against the year before
- RevenueRevenue. The pill is the change in revenue against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹3,078 Crup 48.62%
- Net profitNet profit. The pill is the change in net profit against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹921 Crup 96.50%
- Net margin
- 29.9%
Revenue by year
Net profit by year, a loss in red
- Net profit
- Loss
A loss in 1 of the 10 years shown
The years either side of a change of basis do not compare. From the year to Mar 2018, the company's revenue for that year, ₹1,720 Cr, differs from its quarters added, ₹1,799 Cr.
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,220 | 1,720 | 1,816 | 832 | 1,787 | 1,822 | 1,677 | 1,717 | 2,071 | 3,078 |
| Net profit | 62 | 80 | 146 | −569 | 110 | 374 | 295 | 295 | 469 | 921 |
| Net margin | 5.1% | 4.6% | 8.0% | −68.4% | 6.2% | 20.5% | 17.6% | 17.2% | 22.6% | 29.9% |
Standalone. Years to March. The latest is shaded.
Business segments
In the year to Mar 2026 the company reports one business segment which carries all its revenue.
Valuation
Today, against the company's own history. Its history crosses a change of basis in the accounts in the year to Mar 2018: days before it are of the company before the change.Hindustan Copper PE ratio and valuation
Price to earnings
At or below today's level on 17% of 2,140 trading days over the last 10 years.
LowestHighest
Its median56.49Industry median17.00
Price to book
At or below today's level on 72% of 1,942 trading days since Nov 2018.
LowestHighest
Its median7.16Industry median2.74
Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price. When a year's dividend goes ex later than the year before's, the yield reads zero for the days between; a run of under 60 such trading days is left out of the yield's medians and percentiles. The ex-date is the day from which a buyer of the share no longer gets the dividend.
At or below today's level on 80% of 2,450 trading days over the last 10 years.
LowestHighest
Its median0.35%Industry median0.56%
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | +106.0% | +96.3% | +4.6% | 0.6% |
| 3 years | +67.0% | +46.1% | +13.9% | 0.5% |
| 5 years | +31.3% | +51.6% | −13.9% | 0.7% |
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 1, 3 and 5 years includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the year to Mar 2026.
Mutual fund holdings
144 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 62 of the 75 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 1 more fund filed its first portfolio on record, holding it.All 144 funds holding Hindustan Copper
- Bought for the first timeBought for the first time. Funds that held it at the month's end and had not held it in any month on record before.
- 33
- Bought againBought again. Funds that held it at the month's end, had not held it the month before, and held it in an earlier month.
- 7
- AddedAdded. Funds that held more shares than at the end of the month before.
- 57
- CutCut. Funds that held fewer shares than at the end of the month before.
- 18
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 28
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end. Sold out in the glossary
- 25
| Fund | |||
|---|---|---|---|
 Bajaj Finserv Flexi Cap FundBajaj Finserv Mutual Fund | 15,35,774 | 0.85% | ₹72.6 Cr |
 Edelweiss Small Cap FundEdelweiss Mutual Fund | 12,50,473 | 0.84% | ₹59.1 Cr |
 Union Small Cap FundUnion Mutual Fund | 12,27,000 | 2.12% | ₹58.0 Cr |
 TRUSTMF Small Cap FundTrust Mutual Fund | 9,51,435 | 1.16% | ₹45.0 Cr |
 ITI Small Cap FundITI Mutual Fund | 8,39,791 | 1.08% | ₹39.7 Cr |
 Bank of India Flexi Cap FundBank of India Mutual Fund | 6,45,436 | 0.98% | ₹30.5 Cr |
| Bank of India Small Cap FundBank of India Mutual Fund | 5,82,524 | 0.75% | ₹27.5 Cr |
| Bajaj Finserv Small Cap FundBajaj Finserv Mutual Fund | 5,70,787 | 0.98% | ₹27.0 Cr |
| Bank of India Aggressive Hybrid FundBank of India Mutual Fund | 4,84,349 | 1.04% | ₹22.9 Cr |
 Kotak Nifty Alpha 50 ETFKotak Mahindra Mutual Fund | 4,80,283 | 2.55% | ₹22.7 Cr |
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.
Promoter and insider buying and selling
Trades made since 28 Oct 2025.Hindustan Copper insider trading
Bought on the marketBought on the market. The value each filer stated for its purchases on the exchange, added up; gifts, transfers and pledges are not counted. A purchase filed with no value is counted under the sum, not in it. Sold on the marketSold on the market. The value each filer stated for its sales on the exchange, added up; gifts, transfers and pledges are not counted. A sale filed with no value is counted under the sum, not in it.
- Promoters and promoter group0 purchases, 1 saleNo purchase₹3,045 CrNetNet. The value bought on the market less the value sold, over the trades whose filers stated a value.−₹3,045 Cr
- Others: no market trade
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.
Hindustan Copper competitors and peers
Non - Ferrous Metals, 28 listed companies, priced on 28 Oct 2026. The table lists the 8 companies closest to Hindustan Copper in market cap.Metal stocks
Where the company sits among the companies nearest its size
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
 Hindustan ZincHINDZINC | 2,14,139 | 10.28 | 7.15 | +56.9% | +97.2% | 95.4% | 75.2% | 2.17% |
 Hindalco IndustriesHINDALCO | 2,00,846 | 12.25 | 1.47 | +20.3% | −3.1% | 12.6% | 13.6% | 0.56% |
 Vedanta Aluminium MetalVAML | 1,40,461 | – | 6.09 | – | – | – | – | 2.23% |
 National Aluminium CompanyNATIONALUM | 59,415 | 8.80 | 2.75 | +9.0% | +17.8% | 34.3% | 38.9% | 3.55% |
 Augmont EnterprisesAUGMONT | 9,581 | – | – | – | – | – | – | 0.00% |
 Deccan Gold MinesDECNGOLD | 3,460 | – | 6.98 | −47.1% | – | −9.4% | −11.4% | 0.00% |
 Arfin IndiaARFIN | 1,474 | 79.90 | 8.65 | – | – | 11.3% | 15.0% | 0.14% |
 MMP IndustriesMMP | 1,144 | – | 3.30 | +21.4% | – | – | 11.5% | 0.44% |
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.
Dividends
Per share, by the year it was paid for, and the latest payments.Hindustan Copper dividend history
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up. Dividend per share in the glossaryHighest ₹2.86 a share, year to Mar 2026.
| Ex-date | Type | Per share |
|---|---|---|
| 16 Sep 2026 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. Final dividend in the glossary | ₹1.86 |
| 13 Feb 2026 | Interim | ₹1.00 |
| 18 Sep 2025 | Final | ₹1.46 |
| 19 Sep 2024 | Final | ₹0.92 |
| 22 Sep 2023 | Final | ₹0.92 |
| 20 Sep 2022 | Final | ₹1.16 |
Latest payments, as declared, by ex-date.
Latest announcements
Routine notices left out.Hindustan Copper announcements
Oct 2026
26 Oct
12 Oct · Management
12 Oct · Management
9 Oct · Management
Sep 2026
26 Sep
Hindustan Copper share price by year
Each calendar year to 2025.Hindustan Copper share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 518.30 | +109.0% | 533.35 | 188.00 |
| 2024 | 247.95 | −9.4% | 399.15 | 235.05 |
| 2023 | 273.65 | +149.7% | 273.65 | 94.65 |
| 2022 | 109.60 | −12.1% | 142.25 | 84.00 |
| 2021 | 124.70 | +103.9% | 189.10 | 54.80 |
| 2020 | 61.15 | +55.8% | 63.85 | 18.65 |
| 2019 | 39.25 | −25.2% | 52.10 | 28.80 |
| 2018 | 52.45 | −48.1% | 100.10 | 45.30 |
| 2017 | 101.00 | +69.5% | 103.65 | 56.80 |
| 2016 | 59.60 | +1.4% | 70.20 | 42.75 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.
Recent sessions
The 9 trading days to 27 Oct 2026, as traded on NSE; the latest is at the top of the page.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 27 Oct 2026 | 408.80 | 414.60 | 401.85 | 407.35 | 409.47 | 33,57,512 | 39.2% |
| 26 Oct 2026 | 398.00 | 409.25 | 392.30 | 407.55 | 402.60 | 40,99,204 | 30.3% |
| 23 Oct 2026 | 408.00 | 408.00 | 392.30 | 399.05 | 397.65 | 80,82,637 | 40.8% |
| 22 Oct 2026 | 416.00 | 421.00 | 407.20 | 412.55 | 413.73 | 66,81,278 | 37.2% |
| 21 Oct 2026 | 441.50 | 443.10 | 415.10 | 420.85 | 423.45 | 71,98,478 | 43.5% |
| 19 Oct 2026 | 460.15 | 460.60 | 438.10 | 441.10 | 446.77 | 42,49,459 | 47.2% |
| 16 Oct 2026 | 455.40 | 462.00 | 451.75 | 458.45 | 456.98 | 31,55,836 | 40.3% |
| 15 Oct 2026 | 462.45 | 462.95 | 451.10 | 453.05 | 456.28 | 42,23,891 | 49.4% |
| 14 Oct 2026 | 467.00 | 471.00 | 465.20 | 467.65 | 468.58 | 34,47,319 | 43.4% |
Prices in ₹ per share as traded, not adjusted.
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.Offer for sale history
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 9 Sep 2008 | Price move | – | Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for. |
Each event is noted and not adjusted for.
Company details
- NSE symbol
- HINDCOPPER
- BSE code
- 513599
- ISIN
- INE531E01026
- Industry
- Non - Ferrous Metals
- Website
- www.hindustancopper.com
- CIN
- L27201WB1967GOI028825
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 1967
- Registered office
- Tamra Bhavan 1, Ashutosh Chowdhury Avenue, Kolkata 700019, West Bengal
- Share registrar
- Alankit Assignments Ltd
- Keeps the register of shareholders and handles transfers and dividend payments
In Nifty 200, Nifty 500, BSE 500, Nifty Midcap 150, BSE 150 MidCap Index, Nifty Midcap 100