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Hindustan Copper Reviews

Kolkata, West Bengal

4.5/ 5

2 reviews

Hindustan Copper Limited (HCL), a Miniratna Category-I Central Public Sector Enterprise, operates under the administrative control of the Ministry of Mines, Government of India. Incorporated on November 9, 1967, HCL holds a historic and strategic position as India’s first public sector undertaking and the nation’s only vertically integrated copper producing company. It is uniquely distinguished as the sole enterprise engaged in copper ore mining within India, controlling all operating mining leases for copper ore across the country and holding access to approximately 45% of India's total copper ore reserves and resources. Headquartered at Tamra Bhavan in Kolkata, West Bengal, HCL’s vertically integrated operations span the entire value chain, encompassing geological exploration, exploitation, copper ore mining, beneficiation, smelting, refining, and the downstream extrusion of copper rods. The company operates major production facilities and mining assets strategically located across multiple Indian states. Its primary facilities include the Malanjkhand Copper Project (MCP) in Madhya Pradesh, which houses the largest open-pit copper mine in India; the Khetri Copper Complex (KCC) in Rajasthan, featuring the Khetri and Kolihan mines; and the Indian Copper Complex (ICC) at Ghatsila, Jharkhand, which includes mining, beneficiation, and a primary smelter and refinery plant. Additionally, HCL operates the Gujarat Copper Project (GCP) in Jhagadia, Gujarat, a secondary smelting and refining facility, and the Taloja Copper Project (TCP) in Maharashtra, which features a Continuous Cast Copper Wire Rod plant. HCL’s core commercial product portfolio consists of high-purity copper cathodes, continuous cast copper rods, and copper concentrates. The company also markets valuable industrial by-products generated during the refining process, such as sulfuric acid, copper sulfate, and anode slime containing precious metals like gold and silver. To expand its operational scope, HCL manages joint ventures, including a 74% stake in Chhattisgarh Copper Limited and a 30% stake in Khanij Bidesh India Limited (KABIL) alongside NALCO and MECL to secure critical strategic mineral assets overseas. Financially, Hindustan Copper Limited is publicly traded on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) under the ticker HINDCOPPER. Led by Managing Director and Chairman Sanjiv Kumar Singh, the company has delivered exceptionally strong operational and financial performance. For the fiscal year ended March 31, 2026, HCL reported a massive 97.48% jump in consolidated net profit to INR 918.54 crore, up from INR 465.12 crore the previous year, driven by a total annual income of INR 3,149.67 crore. Backed by a lean balance sheet with near-zero financial debt, HCL is executing robust phased expansion plans to scale its domestic ore production capacity, reinforcing its critical role in fueling India’s industrial growth and green energy transition.