• Production capacity expansion: Hindustan Copper aims to scale ore production from sub-4 million tonnes to 12.2 million tonnes by FY30 (reaching around 4.7 million tonnes in FY27), backed by ₹1,400 crore in awarded tenders and mine ramp-ups at Malanjkhand, Ghatshila, and Rakha.
• Margin outlook: The company expects to maintain an EBITDA margin of 40% plus by focusing on operational efficiencies and volume growth to absorb upcoming wage hikes rather than relying on market price fluctuations.
• Earnings sensitivity: A $100 per tonne movement in LME copper prices impacts EBITDA by approximately ₹20 to ₹22 crore, while a 1 rupee fluctuation against the US dollar alters EBITDA by ₹15 to ₹20 crore.
• Gujarat plant restart: The 50,000-tonne capacity Gujarat Copper Project has been awarded to Lohum Materials on a revenue-sharing model with partner-funded capex, with plans to operationalize the loss-making asset within 6 to 8 months.
• Overseas mining JV: Under an MOU with Codelco, the company has narrowed down prospective blocks following due diligence and is working to establish a joint venture to mine assets in Chile.