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Copper Companies In India

copper companies in india

copper companies in India  was utilized for surgical equipment by ancient Indians thousands of years ago in Ayurveda, a holistic type of healing.

The early use of this type of metal increased its worth, and the industry grew. However, until a decade ago, the country's copper sector consisted of only a few enterprises.

The copper sector in the country now accounts for 3% of the global copper market. The country has risen from the position of the net copper importer to that of the net copper exporterHere is the list of major copper manufacturers in India:

In this guide, we ranked and reviewed the 8+ Best Copper Companies in India, along with our top 3 choices, so that you can pick the best one for you.

Recommended

Hindustan Copper Ltd

(Best Overall)

Overall Rating: 4.7/5

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Baroda Extrusions Ltd

(Best Performance)

Overall Rating: 4.5/5

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Sterlite Copper Industries

(Best Price)

Overall Rating: 4/5

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Best Copper Companies in India 

Want to jump straight to my top picks? My favorite is Hindustan Copper Ltd and Bhagyanagar India Ltd.(BIL).

1. Hindustan Copper Ltd

Hindustan Copper Ltd is a government-run company that was founded in 1967.

It is the only copper copper manufacturing company in India where everything from start to finish.

Companies involved in mining, beneficiation, smelting, refining, and casting refined copper metal are included. 

Their units may be found in Rajasthan, Madhya Pradesh, Jharkhand, Gujarat, and Maharashtra.

HCL's mines and factories are distributed over five operating units in each of the following states: Rajasthan, Madhya Pradesh, Jharkhand, Maharashtra, and Gujarat.

details

  • MARKET CAP: ₹ 10,052.21 Cr.
  • ENTERPRISE VALUE: ₹ 11,178.85 Cr.
  • NO. OF SHARES: 96.70 Cr.
  • P/E: 26.88
  • P/B: 5.26
  • FACE VALUE: ₹ 5
  • DIV. YIELD: 1.12 %
  • BOOK VALUE (TTM): ₹ 19.76
  • CASH: ₹ 10.79 Cr.
  • DEBT : ₹ 1,137.43 Cr.
  • PROMOTER HOLDING: 66.14 %
  • EPS (TTM): ₹ 3.87
  • SALES GROWTH: 114.79%
  • ROE: 17.39 %
  • ROCE: 7.61%
  • PROFIT GROWTH: 119.32 %

2. Bhagyanagar India Ltd.(BIL)

Bhagyanagar India Limited, founded in 1985 by Mr. GM Surana, is India's oldest copper producer and highest producer of copper in India

Their earnings have topped 500 crores, and they are a world-class maker of copper goods.

Sheets, push bars, strips, pipes, rods, and bus bars are their main products. 


However, they have expanded their product line to include telecom equipment, real estate, and solar items over time. 

details

  • MARKET CAP: ₹ 132.78 Cr.
  • ENTERPRISE VALUE: ₹ 231.79 Cr.
  • NO. OF SHARES: 3.20 Cr.
  • P/E: 30.39
  • P/B: 1.03
  • FACE VALUE: ₹ 2
  • DIV. YIELD: 0 %
  • BOOK VALUE (TTM): ₹ 40.21
  • CASH: ₹ 2.60 Cr.
  • DEBT : ₹ 101.61 Cr.
  • PROMOTER HOLDING: 73.91 %
  • EPS (TTM): ₹ 1.37
  • SALES GROWTH: 0.29%
  • ROE: 0.79 %
  • ROCE: 4.26%
  • PROFIT GROWTH: -11.61 %

3. Arcotech Limited

Arcotech Limited was founded in 1981 to produce Non-Ferrous Engineering goods.

By building a specialty in making micro-thin foils up to 0.035 mm,

The firm has established itself as one of the top Non-Ferrous Engineering industries in the country,

The firm mostly deals in Copper/Brass Strips and Foils.

Ingots, strips, sheets, plates, foils, bus bars, rods, coin blanks, key blanks, terminals, connectors, and so on are manufactured by the firm.

For the fiscal year ending 31 March 2021, the company's total operating revenue is Rs. 52.37 crores, and its equity capital is Rs. 21.00 crore. 

details

  • MARKET CAP:  ₹ 24.57Cr
  • P/E: -0.41
  • P/B: 1.08
  • INDUSTRY P/E: 14.78
  • ROE: -264.11%
  • EPS(TTM): ₹-5.72
  • DIV. YIELD: 0.00%
  • BOOK VALUE (TTM): ₹ 2.17

4. Hindalco

A part of the Aditya Birla Group, Hindalco is one of India's most prominent and largest copper manufacturers.

2021 set a new high for the corporation, with sales exceeding 4500 crores.

The firm specializes in the manufacture of copper cathodes and cast copper rods. 

They provide a variety of copper facilities and fertilizers to guarantee that their clients acquire high-quality products and are delighted with them. 


details

  • MARKET CAP: ₹ 90,830.72 Cr.
  • ENTERPRISE VALUE : ₹ 1,09,995.72 Cr.
  • NO. OF SHARES: 224.72 Cr.
  • P/E: 16.49
  • P/B: 1.67
  • FACE VALUE: ₹ 1
  • DIV. YIELD: 0.99 %
  • BOOK VALUE (TTM): ₹ 242.22
  • CASH: ₹ 1,019 Cr.
  • DEBT : ₹ 20,184 Cr.
  • PROMOTER HOLDING: 34.64 %
  • EPS (TTM): ₹ 24.51
  • SALES GROWTH: 6.11%
  • ROE: 2.07 %
  • ROCE: 4.41%
  • PROFIT GROWTH: 60.16 %

5. Sterlite Copper Industries

Vedanta Ltd operates the firm.

Till 2018, the company was the only owner of India's largest smelting facility among copper makers.

They are still operating in Australia and marketing their products to countries worldwide.

They hope to expand over time, hire technology-driven manufacturing enterprises to enhance lives of millions of people. 

Sterlite Copper Industries primarily manufactures cast copper rods and copper cathodes and byproducts such as sulfuric acid and phosphoric acid.

Copper cathode is the raw material from which copper rods are made. The cathodes are LME 'A' grade and meet international quality standards. 

details

  • MARKET CAP: ₹ 6,918.25 Cr.
  • ENTERPRISE VALUE: ₹ 8,949.87 Cr.
  • NO. OF SHARES: 39.78 Cr.
  • P/E: 84.57
  • P/B: 3.75
  • FACE VALUE: ₹ 2
  • DIV. YIELD: 0.3 %
  • BOOK VALUE (TTM): ₹ 46.33
  • CASH: ₹ 131.31 Cr.
  • DEBT : ₹ 2,162.93 Cr.
  • PROMOTER HOLDING: 54.16 %
  • EPS (TTM): ₹ 2.06
  • SALES GROWTH: -12.99%
  • ROE: 14.58 %
  • ROCE: 14.48%
  • PROFIT GROWTH: -39.70 %

6. Gujarat Mineral Development Corporation

In 1963, the Government of India established this business.

The company has had a refining operation in Ahmedabad since 1980. It has made a tidy profit of Rs. 1700 crores.

Copper rods, bus bars, segment sections, earthing tapes, strip sheets,

And profiles, section components, silver-bearing copper, and other manufactured products. 

details

  • MARKET CAP: ₹ 4,738.20 Cr.
  • ENTERPRISE VALUE: ₹ 4,495.24 Cr.
  • NO. OF SHARES: 31.80 Cr.
  • P/E: 11.72
  • P/B: 1
  • FACE VALUE: ₹ 2
  • DIV. YIELD: 2.89 %
  • BOOK VALUE (TTM): ₹ 148.78
  • CASH: ₹ 242.96 Cr.
  • DEBT: ₹ 0 Cr.
  • PROMOTER HOLDING: 74 %
  • EPS (TTM): ₹ 12.71
  • SALES GROWTH: -8.53%
  • ROE: -1 %
  • ROCE: -8.58%
  • PROFIT GROWTH: -127.89 %

7. ABC Gas International

The firm, formerly known as Bracco Extrusions Limited, was founded in 1980.

It is a major producer of copper pipes and pipe gas.

The firm has earned 157 crores in sales. Blue Star, BHEL, and Volta are among the clients.

ABC Gas International makes copper plates, copper pipes, copper bus bars, and copper sheets, among other things. 

details

  • MARKET CAP: ₹ 2.49 Cr.
  • ENTERPRISE VALUE: ₹ 3.92 Cr.
  • NO. OF SHARES: 0.20 Cr.P/E: 0
  • P/B: 2.16
  • FACE VALUE: ₹ 10
  • DIV. YIELD: 0 %
  • BOOK VALUE (TTM): ₹ 5.84
  • CASH: ₹ 0.09 Cr.
  • DEBT: ₹ 1.52 Cr.
  • PROMOTER HOLDING: 33.09 %
  • EPS (TTM): ₹ -3.17
  • SALES GROWTH: -63.65%
  • ROE: -26.14 %
  • ROCE: -13.68%
  • PROFIT GROWTH: -60.11 %

8. Baroda Extrusions Ltd.

This firm is the first copper producer to have an extrusion facility with advanced infrastructure and technology in India.

Among other things, the firm sells rods, copper flats, bus bars, etc. The firm has generated a total of 55 crores in revenue.

Copper sections, copper pipes, copper tubes, wire bars, tubes, flat rods, and other copper items are now available from the firm. 

details

  • MARKET CAP: ₹ 65.58 Cr.
  • ENTERPRISE VALUE: ₹ 115.40 Cr.
  • NO. OF SHARES: 14.90 Cr.
  • P/E: 47.72
  • P/B: 0
  • FACE VALUE: ₹ 1
  • DIV. YIELD: 0 %
  • BOOK VALUE (TTM): ₹ -2.34
  • CASH: ₹ 0.10 Cr.
  • DEBT: ₹ 49.92 Cr.
  • PROMOTER HOLDING: 57.24 %
  • EPS (TTM): ₹ 0.09
  • SALES GROWTH: 0.24%
  • ROE: 0 %
  • ROCE: -0.58%
  • PROFIT GROWTH: 99.38 %

9. Madhav Copper Limited

To cater to their varied variety, the company, part of the Madhav Group, boasts four world-class production facilities.

Their profit margin is 4.45 crores. Transformers, generators, panels, pumps, and other equipment are available. 

details

  • MARKET CAP: ₹ 69.62 Cr.
  • ENTERPRISE VALUE: ₹ 72.25 Cr.
  • NO. OF SHARES: 2.71 Cr.
  • P/E: 0
  • P/B: 1.57
  • FACE VALUE:₹ 5
  • DIV. YIELD: 0 %
  • BOOK VALUE (TTM): ₹ 16.29
  • CASH: ₹ 0.32 Cr.
  • DEBT: ₹ 2.95 Cr.
  • PROMOTER HOLDING: 66.32 %
  • EPS (TTM): ₹ -0.90
  • SALES GROWTH: 89.51%
  • ROE: 10.06 %
  • ROCE: 14.41%
  • PROFIT GROWTH: 0.43 %

Conclusion

When it comes to copper companies in India, mining, or production of copper, India is a household name worldwide.

The majority of its copper originates from Madhya Pradesh and goes through a lengthy process after extraction to make it usable.

We hope you are now aware of the firms that stand out in India for manufacturing copper and its goods with this knowledge.

Let’s look at some of the questions that pop up frequently around the subject.


Frequently Asked Question

1. Who is the biggest copper producer in India?


Hindustan Copper Limited is the most extensive copper producer in India. However, Hindalco has the biggest revenue from copper-producing in India.

In 2021, the company generated record profits of approximately INR 4500 crores.

2. Which is the best copper company in India?


It is difficult to compare all the companies on the same parameter, but it is a close race between four companies, essentially:

  • Hindustan Copper Limited

  • Hindalco Industries Limited

  • Baroda Extrusions Limited

  • Bhagyanagar India Limited

3. Which company makes copper in India?

There are many companies producing copper in India. However, the most varied amongst them is Hindustan Copper Limited.

It has the most vivid contribution to the industry, judging based on the quantity and types of copper production.

Here are my best picks:

Also Read: Check out my reviews of the best image editing software, the top choices for video editing software, and my full guide to start a blog for beginners.

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About the Author

Currently working as an Editor in Chief with Ankuraggarwal.in, he is managing all the ins and outs of the content management process and editorial operations. Having an experience of 8 years in the publishing/ e-solution industry, he manages a small freelancing team of fellow editors and has worked with several domains including academics, healthcare, lifestyle and technical writings. He is a stickler for accuracy and loves to read noir-fiction and binge-watch anthologies.

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