Hindustan Copper (HCL) has reaffirmed its 15 percent volume growth guidance for FY26, supported by operational efficiencies and cost control.
Chairman and Managing Director Sanjiv Kumar Singh said the company aims to produce around four million tonne of copper ore and 31,000 tonne of metal in concentrate (MIC), up from 24,000 tonne last year. MD Singh confirmed a capital expenditure plan of Rs 350 crore for FY25–26.
The strong fundamentals are driven by renewable energy, electric vehicles, and artificial intelligence data centres. HCL’s 20- year mine developer and operator agreement with JSW Group, signed in January 2025, is close to operational rollout under a revenue-sharing model, with HCL’s share at 12.5 percent. The state-run miner’s market capitalisation stands at Rs 23,314 crore.