Hindustan Copper Ltd.
NSE: HINDCOPPERHindustan Copper Ltd.: A 30-second snapshot
Hindustan Copper (₹570.25) is a PSU copper miner in the Metals sector, up 158.83% over 12 months on the back of a commodity upcycle and Q4 FY26 PAT of ₹444 crore (+135% YoY, revenue +58% YoY). Trailing PE of 83.83 is the highest in its peer group while D/E of 3.319 and an FCF-positive track record of only 3 of available years add financial risk context to an otherwise strong earnings print.
P/E
83.8
Forward P/E
19.3
ROE
+30.6%
Debt / Equity
3.32
Profit Margin
+29.2%
Div. Yield
+0.4%
5Y ROE > 15%
2/5
5Y FCF > 0
3/5
Quality
56/100
News
8 headlines · 5 positive · 0 negative
Hindustan Copper Executes NDA With CODELCO And Engages Deal Advisor For Chilean Mining Entry - TradingView
TradingView
Hindustan Copper Q4 Results: Profit Soars Over 2x, Revenue Up 58%; Dividend Declared - NDTV Profit
NDTV Profit
HINDCOPPER: Net profit nearly doubled year-over-year, with robust cash flow and expansion plans ahead - TradingView
TradingView
Hindustan Copper Q4 Results: Cons PAT surges 135% YoY to Rs 444 crore, revenue jumps 58% - The Economic Times
The Economic Times
Multibagger stock: 155% returns in a year - Q4 results, dividend announcement today - Business Today
Business Today
Recent context
- ·Q4 FY26 results (15 May 2026): consolidated PAT surged 135% YoY to ₹444 crore on revenue growth of 58% YoY; a dividend was declared alongside results.
- ·Hindustan Copper signed a non-disclosure agreement with Chilean state miner CODELCO and engaged a deal advisor for a potential Chilean mining entry — the first disclosed international expansion move.
- ·Despite the strong Q4 results, the stock is 24.85% below its 52-week high and down 5.39% over 3 months, suggesting the results may have been partially anticipated by the prior price run.
Strengths
- +ROE of 30.6% ranks 1st among Metals peers in this dataset; quality score of 67 also ranks 1st of 6, ahead of JSWSTEEL (45), TATASTEEL (42), HINDALCO (38), and ADANIENT (22).
- +Five-year revenue growth of 62.5% and earnings growth of 136.6% reflect strong top-line and bottom-line expansion over the commodity upcycle period.
- +Price trades above both the 50-DMA (₹532) and 200-DMA (₹423), with RSI at 54.63 — neither technically overextended nor in oversold territory.
- +Debt trend is classified as falling; Q4 results included a dividend declaration, indicating the company is distributing cash to shareholders alongside the expansion program.
Weaknesses
- −D/E of 3.319 is high for a non-financial commodity-cyclical; a reversal in copper prices would amplify debt-servicing pressure at this leverage level.
- −ROE exceeded 15% in only 2 of the available history years (consistency score 47); FCF was positive in only 3 of available years — the current profitability figures are not confirmed as durable by the historical persistence record.
- −Trailing PE of 83.83 is the highest in the Metals peer group (sector range: 14–37); forward PE of 19.31 implies a very large near-term earnings step-up is already priced in, leaving limited room for guidance misses.
- −Analyst coverage is limited to 1 analyst with no consensus rating available, meaning price-discovery and institutional oversight are thin relative to large-cap Metals peers.
Open questions
- ?Does the 5-year ROE persistence record (above 15% in only 2 years) reflect a structural limitation in the business, or does the commodity upcycle make the recent 30.6% ROE a new baseline to assess going forward?
- ?How does the announced ₹71+ billion capex plan for mine expansion interact with a D/E of 3.319 — what would a copper price correction of 20–30% imply for interest coverage and FCF generation during the expansion phase?
- ?The forward PE of 19.31 implies a significant near-term earnings step-up; what assumptions about copper prices and production volumes are embedded in that multiple, and how sensitive are they to global macro conditions?
- ?Does the CODELCO NDA represent a meaningful long-term resource-base expansion or a capital-allocation risk at a time when the domestic balance sheet already carries elevated leverage?
Peer comparison: Metals
Ranks 1 of 6 on quality| Symbol | Name | P/E | ROE | Quality |
|---|---|---|---|---|
| HINDCOPPER | Hindustan Copper Ltd.You're viewing | 83.8 | +30.6% | 67 |
| Industry avg | across 5 peers | 23.8 | +17.4% | 37 |
| JSWSTEEL | JSW Steel Ltd. | 14.0 | +27.3% | 45 |
| TATASTEEL | Tata Steel Ltd. | 29.5 | +11.2% | 42 |
| HINDALCO | Hindalco Industries Ltd. | 14.7 | — | 38 |
| ADANIENT | Adani Enterprises Ltd. | 36.9 | +13.7% | 22 |
| DUMMYVEDL1 | Dummy Vedanta Ltd. 1 | — | — | — |
Technical state
Current price
₹570.25
SMA 50
₹532.11
SMA 200
₹422.54
RSI (14)
54.6 (neutral)
From 52w high
-24.9%
1Y return
+158.8%
3M return
-5.4%
50-DMA
Above
200-DMA
Above
Algorithmic support levels
Algorithmic resistance levels
Risk flags
- highDebt-to-equity of 3.319 is elevated for a non-financial metals company; in a copper price downturn this leverage amplifies balance-sheet stress. Debt trend is falling, but D/E remains well above a typical commodity-cyclical comfort threshold.
- highROE exceeded 15% in only 2 of the available history years and FCF was positive in only 3 of the available years; consistency score of 47 indicates returns on equity have not been durable. The current ROE of 30.6% and profit margin of 29.16% are therefore not confirmed by the persistence record as structurally recurring.
- mediumTrailing PE of 83.83 ranks 5th of 6 in the Metals peer group (JSWSTEEL 14.01, HINDALCO 14.74, TATASTEEL 29.52, ADANIENT 36.93). Forward PE of 19.31 implies a very large near-term earnings step-up is already priced in; any shortfall relative to that implied trajectory would compress the valuation sharply.
- mediumOnly 1 analyst covers HINDCOPPER with no consensus rating available; institutional scrutiny is thin relative to larger Metals peers, limiting the reliability of the single available coverage point.
- lowStock is 24.85% below its 52-week high and recorded a 3-month price change of -5.39%, indicating near-term momentum has reversed from the peak. Immediate resistance cluster sits at ₹572–575, approximately 0.4% above the current price of ₹570.25.
- lowNews sample of 8 articles is concentrated around a single Q4 results event on 15 May 2026; sentiment breadth (5 positive, 3 neutral, 0 negative) is not independently diversified across topics or time.
Cross-section contradictions
- Current ROE of 30.6% and Q4 PAT growth of 135% YoY represent strong near-term profitability, yet ROE exceeded 15% in only 2 of available history years and the consistency score is 47 — the current figures may reflect a commodity-cycle peak rather than a structural shift in capital efficiency.
- The stock is up 158.83% over 12 months and trades above both the 50-DMA (₹532) and 200-DMA (₹423), yet the trailing PE of 83.83 is 5x–6x sector peers; the forward PE of 19.31 implies the market has already priced in a very large near-term earnings expansion that the five-year persistence record does not yet confirm.
For informational purposes only. Not investment advice. VivaTrades is not a SEBI-registered Investment Adviser or Research Analyst. Market data sourced from public feeds; consult a registered adviser before any investment decision.
Fundamentals & technicals: refreshed 24 Jun 2026 · refreshed daily at 01:00 IST
AI synthesis (narrative, snapshot, strengths/weaknesses, peer ranking): generated 17 May 2026 · rotates through NIFTY 500 every ~5 days