Hindustan Copper shares jump 4% after Q4 profit soars 134% YoY, strong margin improvement

Hindustan Copper shares rallied 4% to their days’ high of Rs 592 on the NSE on Monday after the company reported a consolidated net profit of Rs 444 crore for the March quarter, sharply higher than the Rs 189 crore posted in the same period last year, marking a 134% year-on-year (YoY) increase.

Revenue from operations climbed 58% to Rs 1,156 crore in Q4FY26 from Rs 731 crore in the corresponding quarter of the previous financial year, the company said in a regulatory filing on Friday.

EBITDA jumped to Rs 627 crore from Rs 266 crore in the corresponding quarter last year. Operating margin improved sharply to 54.3% from 36.4%, supported by better operational efficiency and stronger profitability.

On a sequential basis, profit after tax jumped 184% from Rs 156 crore reported in Q3FY26. Revenue also rose 68% quarter-on-quarter (QoQ) from Rs 687 crore recorded in the October-December period.

Total expenses during the quarter stood at Rs 597 crore, compared with Rs 397 crore in Q3FY26 and Rs 519 crore in Q4FY25. This reflects a 50% increase sequentially and a 15% rise year-on-year. The expenditure was incurred towards raw material consumption, employee benefits, finance costs, and power and fuel expenses.

For the full financial year, Hindustan Copper posted revenue of Rs 3,078 crore against Rs 2,071 crore, registering a growth of 49%. Net profit for FY26 came in at Rs 921 crore, up 97% from Rs 467 crore reported in the previous financial year.

The board also approved a proposal to raise up to Rs 500 crore through non-convertible debentures (NCDs) or bonds via private placement. In addition, the company also cleared plans to raise funds through a qualified institutional placement (QIP) of up to 9.69 crore equity shares to finance capital expenditure and expansion projects approved by the Cabinet Committee on Economic Affairs (CCEA).The company has also laid out a broader digital transformation roadmap that includes ERP modernisation, deployment of private 5G networks, AI- and machine learning-driven analytics, and integrated command centres to support its long-term growth plans.

The board also recommended a dividend of Rs 1.86 per share for FY26. The payout will be made after shareholder approval at the upcoming Annual General Meeting (AGM), while the payment date will be announced separately.

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