Outcome of Board Meeting Containing Audited Financial Result (Standalone & Consolidated) of Hindustan Copper Ltd for Year ended 31.03.2026, Recommendation of Final Dividend for FY 2025-26 ....
HINDCOPPER · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Hindustan Copper Ltd reported strong audited results for FY 2025-26 with standalone PAT of Rs 920.67 crore, nearly doubling from Rs 468.53 crore in FY 2024-25 (96.5% growth). Revenue from operations grew 22% to approximately Rs 3,150 crore from Rs 2,581 crore. The Board recommended a final dividend of Rs 1.86 per share (face value Rs 5), in addition to the interim dividend of Rs 1 already paid. The company also plans to raise up to Rs 500 crore via NCDs and up to 96.97 crore equity shares via QIP to fund capex/expansion plans approved by CCEA. The auditors issued an unmodified opinion but highlighted several emphasis of matters including provisional revenue recognition, pending land lease deeds, and ongoing legal disputes. The company also disclosed non-compliance with Companies Act requirements regarding Independent Directors and Woman Director.
Strong financial performance with near-doubling of PAT demonstrates operational efficiency. However, governance non-compliance and multiple legal/tax disputes warrant attention. The planned equity raise and NCD issuance will dilute equity but fund important expansion.