Hindustan Copper: Plans ₹500 Cr fund raise via NCDs/Bonds; strong results and big expansion ahead

The company will seek shareholder approval to raise up to ₹500 crore through NCDs/bonds on private placement basis. This will give HCL more flexibility in raising funds without diluting equity. Financial performance is improving: Q1 FY26 profit around ₹134 crore, revenue ~₹527 crore, both showing good year-on-year growth. Margins remain healthy with strong EBITDA. Growth outlook positive: copper demand is rising in India, driven by renewable energy and electric vehicles (EVs). Expansion plan: company is investing about ₹2,000 crore in the next 5–6 years to scale up mines like Malanjkhand and Khetri, targeting a jump in ore output from 4 MTPA to 12.2 MTPA by FY31. These steps will strengthen HCL’s role in meeting India’s clean-energy and infrastructure push.