Hindustan Copper LtdNSE:HINDCOPPER
Current view Q4 2026
India's only integrated copper miner. FY26 profit nearly doubled on high copper prices, not volume; the plan to triple ore output by 2030 is finally moving but years away, and the stock looks expensive.
Latest exchange filings last 5 · 5 after Q4 2026
- 14 Sep ’26C&AG appointed P A & Associates as Hindustan Copper’s statutory auditor for FY 2026-27. ↗
- 28 Aug ’26Newspaper clipping of Notice regarding 59th AGM of Hindustan Copper Ltd, Book Closure / Record Date and E-voting published after dispatch of the Notice in … ↗
- 27 Aug ’26Reg. 34 (1) Annual Report. 27 Aug ↗
- 27 Aug ’26Hindustan Copper announces 59th AGM on 23 September 2026; record date for final dividend and e-voting is 16 September 2026. ↗
- 27 Aug ’26HCL informs shareholders of TDS on FY26 dividend ₹1.86 per share; AGM on 23.09.2026. ↗
Exchange filings, with the company's own one-line summary, read off the same page as the figures. Screener publishes only the most recent few, so this is the last 5 — not everything filed since your note, and a quiet-looking list is not proof of a quiet quarter. A filing is marked new when it is dated after the end of the quarter your note covers. Not scored, and not a judgement — a routine repayment notice and a takeover sit in the same list.
AI concall report · Q4 2026
The full earnings-call read behind this view — what management promised, what they delivered, and the earning trigger.
Growth Q4 2026
| Metric | This year vs lastYoY · vs Q4 2025 | vs the quarter beforeQoQ, sequential · vs Q3 2026 | 3-year yearly average3Y CAGR · compounded | 5-year yearly average5Y CAGR · compounded |
|---|---|---|---|---|
| Sales | ▲ +58.1% | +68.3% | +22.4% | +11.5% |
| Operating profit | ▲ +135.2% | +84.7% | +34.8% | +26.4% |
| EPS | ▲ +136.6% | +183.3% | +45.9% | +51.5% |
| PAT | ▲ +137.4% | +184.6% | — | — |
Tinted rows drive the Tier. Tier = the weaker of YoY Sales and YoY PAT growth. Here the weaker is Sales at +58.1%, which is ≥ 20% → Tier 1.
QoQ is sequential, not a trend. For most Indian companies the March quarter is seasonally the largest, so a June-quarter fall against it is a calendar effect. Only the YoY column feeds the Tier.
Multibagger potential
Average56/100
Cheap, and growing fast. Profit per share grew 46% a year, while the price-tag on its earnings actually got smaller. That gap — real growth nobody has paid up for — is exactly what this score looks for.
₹480 → ₹959 needs the P/E at 33× — it is 50× today, and has ranged 22× to 125× over the last 5 years. The rest would come from earnings growing as they have.
What you pay for its profitlog scale · 5-year range
Tripling needs 49× — inside its 5-year range, under the 54× median.
At ₹516 the price-tag on its earnings reaches the 54× it is being projected toward — the point where being cheap against that yardstick is used up.
De-rating while below every EMA — value-trap risk, not a coiled spring.
How this is calculated
This is arithmetic, not a forecast — Return = ΔEPS × ΔMultiple. It says what would have to be true, not how likely it is, and "earnings keep growing at this rate for three more years" is the assumption doing the most work. This is a large-cap at ₹46,591 cr, so the odds of a re-rate are not fighting its own size.
Growth rate used: 45.9% — the weakest of EPS / Sales / Op-profit from 3-year EPS CAGR. Latest quarter reads 60%.
How it compares with its rivals Mining & Minerals · 5 shown
These are the industry's largest names rather than companies of its own size, so the columns are worth reading straight across — a ranking against them would only be restating the size gap.
| Company | Price | P/E | Size | ROCE | Profitlast qtr | Saleslast qtr |
|---|---|---|---|---|---|---|
| Hindustan Copper | ₹496 | 39.8× | ₹48,003 Cr | 42.4% | +162.5% | +81.4% |
| Bhagyanagar Ind | ₹452 | 24.1× | ₹1,515 Cr | 20.2% | +167.5% | +45.2% |
| Onix Solar | ₹357 | 21.9× | ₹1,318 Cr | 10.2% | +1962.4% | +107.4% |
| Mardia Samyoung | ₹59 | 133.6× | ₹469 Cr | 7.0% | +556.5% | — |
| N D Metal Inds. | ₹75 | 77.5× | ₹19 Cr | 4.5% | +200.0% | — |
Screener's own peer group, from the request already made for the industry P/E. It serves the industry's largest names by market cap, not companies of a similar size, so treat this as context rather than a like-for-like table; this company is always shown. On a phone the price, size and sales columns are dropped rather than pushed off the edge. Not part of the score.
Business quality to Jun 2026
| Are the margins widening? | wider, but it has moved around a lot | operating margin 25% → 54% over 3 years |
|---|---|---|
| Did the profit turn into cash? | most of it arrived as cash | 118% last year, 98% over three · free cash flow ₹1,019 cr, positive in 4 of 5 years |
| Is the growth borrowed? | essentially debt-free | ₹111 cr — 0.03× its own equity (was 0.06×) |
| Is it being collected? | collection is steady | 16 days to collect, down 14 in a year · cash cycle 16 days |
| Who has been buying? | the promoters have held steady | promoters 66.1%, 66.1% → 66.1% over 2.8 years · FIIs 6.0% (+2.3) · DIIs 4.8% (−3.4) · shareholders 3,16,684 → 13,05,636 |
| What does it earn on its capital? | earns a high return on the capital it employs | ROCE 42.4% · ROE 32.9% |
Fetched from the filings, not typed — and deliberately not part of the score. These are the questions the score cannot ask: it reads growth, price and trend, so a company can score well while its profit never becomes cash. Weigh these beside the note, not against the number.
Screener's own checklist not mine, not the score
In its favour
- Company has reduced debt.
- Company is almost debt free.
- Company is expected to give good quarter
- Company has delivered good profit growth of 55.0% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 30.2%
- Debtor days have improved from 25.0 to 15.8 days.
Against it
- Stock is trading at 14.2 times its book value
Generated by screener.in from a fixed checklist — not written by me and not an input to the score. It is here as a second machine opinion to weigh against the note; where it disagrees with the view above, the note is the considered one.