Date: 18 August 2026

Company Profile

Hindustan Copper Limited (HCL) is a 'Miniratna' Category-1 CPSE established in 1967 with 100% Government of India ownership. It is India's sole vertically integrated producer of refined copper with facilities for mining, ore beneficiation, smelting, refining, and extruding of copper rods. The company owns all operating mining leases of copper ore in India and has access to approximately 45% of India's copper ore reserves and resources.

Resources & Reserves

  • Total Reserves & Resources: 767.37 million tonnes (as of 01 April 2025)
  • Average grade: 0.94% (UNFC system)
  • HCL has 156.97 million tonnes of Copper Ore Reserves with average grade of 1.31%
  • Resource increased by 198.61 million tonnes since 01 April 2018 (from 568.75 MT to 767.36 MT)

Market Position & Credit Rating

  • Market Capitalization: ₹51,619 crore (as of 05 August 2026)
  • Credit Rating: Short Term: ICRA A1+; Long Term: ICRA AA+ (Stable) - October 2025
  • Sole copper miner in India whose concentrate is majorly consumed by domestic primary copper producers

Industry Structure

Custom Smelters:

  • Hindalco Industries Ltd. (Birla Copper), Dahej, Gujarat - Capacity: 5 lakh tpa refined copper
  • Vedanta Limited (Sterlite Copper), Silvasa, Daman and Diu - Capacity: 2.16 lakh tpa
  • Adani Group (Kutch Copper Ltd.), Mundra, Gujarat - Phase-I capacity: 5 lakh tpa installed

Upcoming Smelters:

  • JSW announced smelter refinery plant capacity of 5 lakh tpa in Odisha
  • Hindalco expanding capacity with secondary smelter/refinery facility at Dahej
  • Adani Phase-II smelter of 5 lakh tpa capacity at Mundra

Products

Continuous Cast Wire Rod (Tolling Operation) at TCP unit

  • Diameters: 8, 11, 12.5, 16, 19.6 (+/- 0.50 mm)
  • Applications: Winding wires, strips, etc.

India's Copper Reserves & Resources

  • Total copper ore reserves/resources: 1,660 million tonnes
  • India's Copper Ore Reserves: 164 million tonnes (Indian Minerals Year Book 2024)
  • State-wise distribution: Rajasthan (52.25%), Madhya Pradesh (23.28%), Jharkhand (15.14%)

Financial Performance (FY 25-26)

(Figures in ₹ Crore)

  • Revenue from Operations: ₹2,001 crore
  • Net Profit: ₹250 crore
  • Dividend declared: ₹1.20 per share
  • Loan Trend: 450 (context unclear from data)

Operational Metrics

Employee Strength: Total employees: 1,134

CAPEX Performance: Target vs. Actual shown in charts but specific numbers not detailed in text

Growth Strategy & Expansion Plans

Mining Expansion: Increase mining capacity from approximately 4 MTPA to 12.20 MTPA (currently under implementation)

Specific Project Expansions:

  • Malanjkhand Copper Project (MCP): Present capacity 2.5 MTPA → Expansion to 5.0 MTPA
  • Khetri Copper Complex (KCC): Present capacity 1.5 MTPA → Expansion to 3.0 MTPA
  • Indian Copper Complex (ICC): Present capacity 0.4 MTPA → Expansion to 4.2 MTPA

Strategic Initiatives

  • Capital Investment: Over ₹7,000 crore planned in next 5-6 years
  • Exploration Gains: Added 135.52 million tonnes of copper ore reserves/resources in last 3 years
  • Resource Acquisition: Pursuing new copper deposits in India & Overseas
  • Mine Revival: Focus on reopening closed mines across India
  • Global Collaboration: Partnership with CODELCO, Chile for capacity building, knowledge sharing, and expertise in mining, beneficiation, and exploration
  • Domestic Partnerships: Multiple MoUs signed with NTPC Mining (NML), RITES, IOCL, Coal India, Oil India, and GAIL to expand HCL's mining portfolio

Market Outlook

Copper demand in electrical segment is growing due to demand in AI infrastructure, renewable energy, electric vehicles, and urbanization. Government initiatives will further increase growth of copper consuming industries.

Planned Exploration Activities

  • Depth exploration in Sidheswar Block, Kendadih Southern Block, Rakha N-W Block, Khetri and Kolihan Lease
  • Depth exploration using Geo-physical methods at Kolihan Mining Lease to prove down dip copper ore presence

Corporate Governance

Document submitted pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Signed by Mritunjay Kumar Dev, Company Secretary & Compliance Officer