Hindustan Copper Ltd: Fundamental Analysis, Share Price Insights & Intrinsic Value (2024)

Share Price and Basic Stock Data

Last Updated: December 21, 2024, 2:27 am

Market Cap	26,255 Cr.
Current Price	272
High / Low	416/218
Stock P/E	65.2
Book Value	24.9
Dividend Yield	0.34 %
ROCE	18.0 %
ROE	13.5 %
Face Value	5.00
PEG Ratio	2.53

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for

Competitors of

Stock Name	Market Cap	Current Price	High / Low	Stock P/E	Book Value	Dividend Yield	ROCE	ROE	Face Value
MSR India Ltd	43.3 Cr.	6.88	14.4/6.01		2.22	0.00 %	3.84 %	9.83 %	5.00
ND Metal Industries Ltd	24.8 Cr.	100	115/81.3	95.4	16.0	0.00 %	4.43 %	3.43 %	10.0
Baroda Extrusion Ltd	140 Cr.	9.41	15.0/2.80		2.63	0.00 %	6.20 %	%	1.00
ABC Gas (International) Ltd	34.1 Cr.	172	172/49.6		21.0	0.00 %	13.5 %	15.6 %	10.0
Sagardeep Alloys Ltd	49.3 Cr.	28.9	40.4/22.2	50.8	16.9	0.00 %	5.54 %	2.78 %	10.0
Industry Average	4,342.00 Cr	93.53		61.20	22.16	0.09%	10.80%	10.67%	5.45

All Competitor Stocks of

Quarterly Result

Month	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Sales	268	464	544	545	348	212	557	560	371	381	399	565	494
Expenses	147	358	413	393	222	148	443	374	278	260	293	340	305
Operating Profit	120	107	132	152	127	64	114	186	93	121	107	226	188
OPM %	45%	23%	24%	28%	36%	30%	20%	33%	25%	32%	27%	40%	38%
Other Income	11	12	11	16	11	22	12	52	14	11	10	20	7
Interest	11	8	5	5	4	4	5	3	4	4	4	4	3
Depreciation	59	19	17	55	55	50	9	61	41	46	30	59	38
Profit before tax	61	92	120	109	78	32	111	174	62	83	82	183	154
Tax %	26%	27%	-43%	18%	27%	19%	28%	24%	24%	27%	23%	32%	26%
Net Profit	46	68	172	89	57	26	80	132	47	61	63	124	113
EPS in Rs	0.47	0.70	1.78	0.92	0.59	0.27	0.83	1.37	0.49	0.63	0.65	1.29	1.17

Last Updated: October 8, 2024, 1:19 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: October 8, 2024, 1:19 pm

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	1,323	1,489	1,016	1,072	1,204	1,670	1,816	832	1,787	1,822	1,677	1,717	1,840
Expenses	1,020	984	888	962	981	1,399	1,310	1,074	1,376	1,310	1,185	1,170	1,198
Operating Profit	303	505	128	110	223	271	506	-242	411	512	492	547	642
OPM %	23%	34%	13%	10%	18%	16%	28%	-29%	23%	28%	29%	32%	35%
Other Income	257	102	67	52	27	41	37	57	35	50	96	55	48
Interest	6	2	1	3	14	26	60	62	64	30	17	17	15
Depreciation	151	174	113	119	142	165	253	291	295	150	175	175	172
Profit before tax	404	431	80	40	94	122	230	-538	87	382	396	410	502
Tax %	12%	33%	16%	5%	34%	35%	37%	6%	-26%	2%	25%	28%
Net Profit	356	286	68	38	62	80	146	-569	110	374	295	295	362
EPS in Rs	3.84	3.10	0.73	0.41	0.67	0.86	1.57	-6.15	1.19	3.87	3.05	3.05	3.74
Dividend Payout %	26%	32%	21%	0%	30%	29%	33%	0%	29%	30%	30%	30%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2013-2014	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	-19.66%	-76.22%	-44.12%	63.16%	29.03%	82.50%	-489.73%	119.33%	240.00%	-21.12%	0.00%
Change in YoY Net Profit Growth (%)	0.00%	-56.56%	32.11%	107.28%	-34.13%	53.47%	-572.23%	609.06%	120.67%	-261.12%	21.12%

has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	1%
5 Years:	-1%
3 Years:	-1%
TTM:	6%

Compounded Profit Growth
10 Years:	1%
5 Years:	15%
3 Years:	39%
TTM:	26%

Stock Price CAGR
10 Years:	14%
5 Years:	47%
3 Years:	32%
1 Year:	20%

Return on Equity
10 Years:	6%
5 Years:	6%
3 Years:	17%
Last Year:	14%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 11:34 pm

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	463	463	463	463	463	463	463	463	463	484	484	484	484
Reserves	1,189	1,367	1,399	948	1,004	1,065	1,174	498	627	1,428	1,599	1,802	1,924
Borrowings	0	0	0	207	472	657	1,070	1,564	1,137	409	156	222	92
Other Liabilities	461	434	371	1,181	597	630	636	802	819	844	956	971	887
Total Liabilities	2,113	2,263	2,233	2,799	2,536	2,814	3,344	3,326	3,046	3,164	3,194	3,479	3,386
Fixed Assets	206	212	202	178	354	332	316	337	322	282	1,326	1,430	1,481
CWIP	587	691	851	733	279	660	1,022	1,232	1,179	683	731	917	973
Investments	89	29	71	76	0	0	0	0	1	1	10	29	29
Other Assets	1,231	1,331	1,108	1,812	1,903	1,822	2,005	1,757	1,544	2,199	1,127	1,102	902
Total Assets	2,113	2,263	2,233	2,799	2,536	2,814	3,344	3,326	3,046	3,164	3,194	3,479	3,386

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	215	331	237	262	-260	372	252	86	832	1,052	674	292
Cash from Investing Activity +	-114	-259	-209	-451	-258	-558	-587	-430	-364	-404	-337	-476
Cash from Financing Activity +	-112	-111	-109	183	-8	-96	445	42	133	-251	-339	-39
Net Cash Flow	-11	-38	-80	-7	-526	-282	110	-302	601	397	-3	-222

Free Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	303.00	505.00	128.00	-97.00	-249.00	-386.00	505.00	-243.00	410.00	103.00	336.00	325.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	51	49	31	20	50	18	73	36	34	16	14	29
Inventory Days						737	1,189		413
Days Payable						204	358		147
Cash Conversion Cycle	51	49	31	20	50	550	903	36	301	16	14	29
Working Capital Days	95	95	178	137	243	144	169	311	93	25	2	66
ROCE %	26%	24%	4%	2%	6%	7%	12%	-18%	6%	18%	18%	18%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Promoters	66.14%	66.14%	66.14%	66.14%	66.14%	66.14%	66.14%	66.14%	66.14%	66.14%	66.14%	66.14%
FIIs	1.07%	0.26%	0.31%	0.67%	1.32%	1.45%	1.51%	1.80%	2.18%	2.05%	3.13%	3.22%
DIIs	17.02%	16.80%	16.44%	15.61%	15.95%	15.92%	16.44%	15.89%	13.29%	13.70%	12.28%	9.34%
Public	15.77%	16.79%	17.10%	17.58%	16.59%	16.49%	15.90%	16.18%	18.39%	18.11%	18.45%	21.30%
No. of Shareholders	2,88,303	3,07,314	3,25,776	3,50,892	3,32,048	3,26,981	3,25,454	3,20,901	3,16,684	3,64,291	4,28,801	5,92,285

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
Invesco India Arbitrage Fund	2,779,850	0.53	92.44	1,181,900	2024-12-18	135.2%
Kotak Equity Arbitrage Fund - Regular Plan	2,655,300	0.17	88.3	1,181,900	2024-12-18	124.66%
SBI Arbitrage Opportunities Fund	2,223,350	0.23	73.94	1,181,900	2024-12-18	88.12%
ICICI Prudential Equity - Arbitrage Fund	1,701,300	0.23	56.58	1,181,900	2024-12-18	43.95%
Nippon India Arbitrage Fund	1,579,400	0.33	52.52	1,181,900	2024-12-18	33.63%
DSP Arbitrage Fund	1,383,300	0.77	46	1,181,900	2024-12-18	17.04%
HDFC Arbitrage Fund - Regular Plan	1,264,050	0.27	42.04	1,181,900	2024-12-18	6.95%
HDFC Arbitrage Fund - Wholesale Plan	1,264,050	0.27	42.04	1,181,900	2024-12-18	6.95%
Edelweiss Arbitrage Fund	1,181,900	0.32	39.3	1,181,900	2024-12-18	0%
SBI Magnum Comma Fund	813,400	4	27.05	1,181,900	2024-12-18	-31.18%

ROCE / ROE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	5.00	5.00	5.00	5.00	5.00
Basic EPS (Rs.)	3.05	3.06	3.87	1.19	-6.15
Diluted EPS (Rs.)	3.05	3.06	3.87	1.19	-6.15
Cash EPS (Rs.)	4.87	4.86	5.42	4.38	-3.01
Book Value[Excl.RevalReserv]/Share (Rs.)	23.63	21.53	19.76	11.77	10.38
Book Value[Incl.RevalReserv]/Share (Rs.)	23.63	21.53	19.76	11.77	10.38
Revenue From Operations / Share (Rs.)	17.75	17.34	18.84	19.31	8.99
PBDIT / Share (Rs.)	6.22	6.07	5.80	4.81	-2.02
PBIT / Share (Rs.)	4.41	4.26	4.25	1.62	-5.16
PBT / Share (Rs.)	4.25	4.09	3.95	0.94	-5.81
Net Profit / Share (Rs.)	3.06	3.05	3.87	1.19	-6.15
NP After MI And SOA / Share (Rs.)	3.05	3.06	3.87	1.19	-6.16
PBDIT Margin (%)	35.04	34.96	30.78	24.89	-22.41
PBIT Margin (%)	24.86	24.53	22.56	8.39	-57.35
PBT Margin (%)	23.92	23.58	20.97	4.89	-64.62
Net Profit Margin (%)	17.22	17.60	20.51	6.16	-68.42
NP After MI And SOA Margin (%)	17.19	17.61	20.51	6.16	-68.45
Return on Networth / Equity (%)	12.92	14.18	19.55	10.11	-59.32
Return on Capital Employeed (%)	15.74	19.16	18.83	7.82	-28.56
Return On Assets (%)	9.03	9.89	12.47	3.88	-18.26
Long Term Debt / Equity (X)	0.03	0.01	0.10	0.70	0.66
Total Debt / Equity (X)	0.09	0.07	0.21	1.04	1.63
Asset Turnover Ratio (%)	0.54	0.56	0.62	0.60	0.25
Current Ratio (X)	1.05	0.83	1.13	0.88	0.71
Quick Ratio (X)	0.64	0.69	0.99	0.68	0.35
Inventory Turnover Ratio (X)	0.28	0.13	0.94	0.01	0.01
Dividend Payout Ratio (NP) (%)	30.12	37.96	9.05	0.00	-10.18
Dividend Payout Ratio (CP) (%)	18.92	23.84	6.46	0.00	-20.80
Earning Retention Ratio (%)	69.88	62.04	90.95	0.00	110.18
Cash Earning Retention Ratio (%)	81.08	76.16	93.54	0.00	120.80
Interest Coverage Ratio (X)	37.33	36.82	19.38	7.11	-3.09
Interest Coverage Ratio (Post Tax) (X)	19.35	19.54	13.93	2.76	-8.42
Enterprise Value (Cr.)	27050.71	9374.73	11032.89	12182.96	3518.52
EV / Net Operating Revenue (X)	15.75	5.59	6.06	6.82	4.23
EV / EBITDA (X)	44.95	15.98	19.67	27.38	-18.87
MarketCap / Net Operating Revenue (X)	15.67	5.68	6.03	6.19	2.37
Retention Ratios (%)	69.87	62.03	90.94	0.00	110.18
Price / BV (X)	11.77	4.57	5.75	10.15	2.05
Price / Net Operating Revenue (X)	15.67	5.68	6.03	6.19	2.37
EarningsYield	0.01	0.03	0.03	0.01	-0.28

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of as of December 21, 2024 is: 219.91

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of December 21, 2024, is Overvalued by 19.15% compared to the current share price 272.00

Intrinsic Value of as of December 21, 2024 is: 276.51

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of December 21, 2024, is Undervalued by 1.66% compared to the current share price 272.00

Last 5 Year EPS CAGR: 25.74%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock is trading at a low valuation with an average P/B ratio of 1.88 and average Dividend Yield of 4.60%. The company has higher reserves (1,232.62 cr) compared to borrowings (460.46 cr), indicating strong financial stability. The company has shown consistent growth in sales (64.92 cr) and profit (203.08 cr) over the years.	The stock has a low average ROCE of 10.25%, which may not be favorable. The stock has a high average Working Capital Days of 129.83, which may not be favorable. The stock has a high average Cash Conversion Cycle of 170.83, which may not be favorable.

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in :
1. Net Profit Margin: 17.22%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 15.74% (Industry Average ROCE: 10.8%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 12.92% (Industry Average ROE: 9.7%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 19.35
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 0.64
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 65.2 (Industry average Stock P/E: 44.51)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0.09
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Hindustan Copper Ltd. is a Public Limited Listed company incorporated on 09/11/1967 and has its registered office in the State of West Bengal, India. Company’s Corporate Identification Number(CIN) is L27201WB1967GOI028825 and registration number is 028825. Currently Company is involved in the business activities of Mining of copper ore. Company’s Total Operating Revenue is Rs. 1821.93 Cr. and Equity Capital is Rs. 483.51 Cr. for the Year ended 31/03/2022.

INDUSTRY	ADDRESS	CONTACT
Metals - Non Ferrous - Copper/Copper Alloys - Prod	Tamara Bhavan, Kolkata West Bengal 700019	investors_cs@hindustancopper.com http://www.hindustancopper.com

Management
Name	Position Held
Mr. Ghanshyam Sharma	Chairman & Managing Director
Mr. Sanjiv Kumar Singh	Director - Mining
Mr. Annadevara Gurunadha Krishna Prasad	Independent Director
Mr. Avinash Janardan Bhide	Independent Director
Mrs. Hemlata Verma	Independent Director
Mr. Sanjay Panjiyar	Director - Operations
Mr. Shakil Alam	Government Nominee Director
Mr. Rabindra Prasad Gupta	Government Nominee Director

FAQ

What is the latest intrinsic value of ?

The latest intrinsic value of as on 21 December 2024 is ₹219.91, which is 19.15% lower than the current market price of ₹272.00. The stock has a market capitalization of 26,255 Cr. and recorded a high/low of 416/218 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹1,924 Cr and total liabilities of ₹3,386 Cr.

What is the Market Cap of ?

The Market Cap of is 26,255 Cr..

What is the current Stock Price of as on 21 December 2024?

The current stock price of as on 21 December 2024 is 272.

What is the High / Low of stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of stocks is 416/218.

What is the Stock P/E of ?

The Stock P/E of is 65.2.

What is the Book Value of ?

The Book Value of is 24.9.

What is the Dividend Yield of ?

The Dividend Yield of is 0.34 %.

What is the ROCE of ?

The ROCE of is 18.0 %.

What is the ROE of ?

The ROE of is 13.5 %.

What is the Face Value of ?

The Face Value of is 5.00.