New Delhi: Hindustan Copper Limited has received reaffirmed credit ratings from ICRA Limited, which has maintained the company’s long-term rating at AA+ (Stable) and short-term rating at A1+, signaling a strong and stable financial outlook.
Ratings Reaffirmed for ₹2,100 Crore Bank Facilities
ICRA has reaffirmed ratings for Hindustan Copper’s ₹2,100 crore bank facilities, which include:
- Term loans
- Cash credit limits
- Non-fund-based facilities
- Unallocated banking limits
The ratings indicate strong credit quality and stable repayment capability.
Read also: Hindustan Copper Ltd Achieves Record 27,421 Tonnes Copper Production in FY 2025–26
Strong Short-Term Rating for ₹100 Crore Commercial Paper
The agency also reaffirmed the A1+ short-term rating for the company’s ₹100 crore commercial paper programme, reflecting the highest level of short-term credit strength and liquidity comfort.
Stable Financial Position and Debt Servicing Ability
ICRA stated that the reaffirmation reflects:
- Strong financial stability
- Consistent operational performance
- Strong ability to meet debt obligations
The review was based on revised limits, with no changes in rating structure or outlook.
Compliance Under SEBI Regulations
The company confirmed that the disclosure has been made in accordance with Regulation 30 of the SEBI (LODR) Regulations, 2015, ensuring transparency for investors.
About Hindustan Copper
Hindustan Copper Limited (HCL) is India’s only vertically‑integrated copper producing company, engaged in exploration, mining, beneficiation, smelting, refining and associated downstream activities. A Central Public Sector Enterprise under the Ministry of Mines, Government of India, HCL plays a pivotal role in promoting domestic copper production, driving strategic growth, sustainable mining, and value creation for its stakeholders.
Read also: Hindustan Copper Appoints Ajay Chandraker as Head of Materials, Contracts & Marketing
