Hindustan Copper Limited (HINDCOPPER.NS) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-76.6%

₹94.07

vs ₹402.55 price

Levered DCF

₹152.47

After debt service

Piotroski score

4 / 9

Average

Altman Z-score

—

Rating

C+

Overall 2 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	47.74×	46.16×	101.59×	32.14×	29.39×	100.5×	-3.46×	31.82×
P/B	13.12×	8.07×	13.11×	4.57×	5.76×	10.16×	2.05×	2.83×
P/S	14.25×	10.43×	17.58×	5.71×	6.1×	6.28×	2.44×	2.63×
EV / EBITDA	30.34×	26.69×	50.66×	16.63×	20.72×	30.31×	-15.39×	11.45×
Gross margin	72.1%	50.6%	45.6%	46.1%	49.8%	39.2%	-64.3%	52.2%
Operating margin	41.0%	30.7%	23.1%	21.5%	23.3%	12.5%	-64.6%	15.2%
Net margin	29.8%	22.6%	17.3%	17.7%	20.7%	6.3%	-70.6%	8.3%
Current ratio	1.68×	1.37×	1.05×	0.95×	1.1×	0.9×	0.73×	1.33×
Debt / equity	0.03×	0.06×	0.1×	0.08×	0.21×	1.04×	1.63×	0.66×
Interest coverage	256.95×	97.22×	25.92×	22.07×	14.02×	3.43×	-8.38×	4.68×
Dividend yield	0.5%	0.4%	0.3%	1.2%	0.3%	0.0%	2.4%	0.5%
Payout ratio	25.9%	19.1%	30.1%	38.0%	9.1%	0.0%	-8.4%	15.9%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	27.5%	17.5%	12.9%	14.2%	19.6%	10.1%	-59.3%	8.9%
Return on invested capital	25.8%	15.2%	9.9%	11.2%	17.3%	9.5%	-19.8%	6.1%
Return on assets	20.8%	13.3%	9.0%	9.9%	12.7%	3.9%	-18.3%	4.4%
Free cash flow yield	3.1%	1.7%	-0.6%	3.4%	5.7%	4.2%	-18.0%	-7.3%
Earnings yield	2.1%	2.2%	1.0%	3.1%	3.4%	1.0%	-28.9%	3.1%
Enterprise value	₹435.6B	₹216.2B	₹301.1B	₹96.5B	₹111.5B	₹121.9B	₹35.2B	₹56.8B
Net debt / EBITDA	-0.2×	0.18×	0.25×	0.24×	0.28×	2.81×	-6.78×	2.14×
Cash conversion cycle (days)	98	104	82	-24	-20	48	116	267