HCL Maps FY30 Growth: Capex, Profits, and Expansion Details

State-owned Hindustan Copper Ltd has lined up ₹7,188.60 crore to expand its mines, with a clear target. Raise ore production capacity from 4.21 million tonnes per annum (MTPA) in FY26 to 12.20 MTPA by FY30. The plan was shared at its Annual Plan Meeting for FY27 and FY28, along with estimates for higher profits and payouts over the next few years.

The closing price of Hindustan Copper shares on the National Stock Exchange (NSE) on 21 April 2026 was ₹552.40, down by 0.75%.

What Is The Company Actually Spending On?

The investment is spread out over the next five years. ₹450.51 crore is planned for 2026. This rises to ₹1,421.73 crore in 2027 and ₹1,993.70 crore in 2028. The peak comes in 2029 at ₹2,227.18 crore, before easing to ₹1,095.48 crore in 2030.

The aim is simple. Produce more ore and process more of it in-house. Milling capacity, now at 3.81 MTPA, is expected to reach 12.20 MTPA by FY30.

What Do The Numbers Say On Earnings?

The company expects profit after tax to be ₹589 crore in 2026. That figure moves up over time and is pegged at ₹1,568 crore by 2030. Dividend payouts are also projected to rise, from ₹177 crore to ₹470 crore across the same period.

The broader plan, called Vision 2030, has been reviewed by Deloitte Touche Tohmatsu India LLP. The review looked at targets and where execution needs to improve. The company has also indicated it will look at critical minerals and renewable energy alongside copper.

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What Changes On The Ground?

Along with expansion, the company is updating how it runs operations. Its IT roadmap for 2026–2030 includes better underground communication, stronger network links, and a central control system.

It is also working on ERP upgrades, private 5G use, and data-led tools using AI and machine learning.

On the process side, an in-house License to Operate software has been introduced on Oracle E-Business Suite. This is meant to track approvals and compliance. A standard bidding document has also been rolled out to bring some uniformity in procurement.

The plan is large and the targets are clear. Execution over the next few years will decide how much of this actually shows up in output and earnings.

Source:

CNBC TV18