Name of Company | Hindustan Copper Ltd |
BSE Code | 513599 |
NSE Code | HINDCOPPER |
ICICI Code | |
Established | 1967 |
My Take | Dislike |
Headquarters | |
Promoters | Govt of India |
Story | Controlled by ministry of Mines. Only vertically integrated copper company in India. Operations in: Khetri Copper Complex (KCC) at Khetrinagar, Rajasthan Indian Copper Complex (ICC) at Ghatsila, Jharkhand Malanjkhand Copper Project (MCP) at Malanjkhand, MP Taloja Copper Project (TCP) at Taloja, Maharashtra |
Sector | Metals |
Sub-sector | Copper |
Website | |
Positives | Margins >10% except for one loss making year in the past 5 years. |
Negatives | Too costly valuations. Revenues have not risen much over the last 5 years (914 Cr in FY06 compared to 1304 Cr in FY10). No dividend history. |
Peers | Sterlite, Nissan Copper, Arcotech |
News | |
Price @ blogged | 332 (26-Dec-10) |
Cost of company | 30.7K Cr market cap for a FY10 NP of 154 Cr values this at 200 times. For a zero debt company with 659 Cr reserves, this is very costly. But we need to value the mines as well. |
Dec 26, 2010
Hindustan Copper Ltd - 513599
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down to Current Price: Rs. 70.45 and Market Cap: Rs. 6518.03 Crores with a Stock P/E: 19.00
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