Ashapura Minechem Limited

Ashapura Minechem Limited

ASHAPURMIN.NS
Ashapura Minechem LimitedIN flagNational Stock Exchange of India
645.40
INR
-0.20
- -
61.65BMarket Cap
Ashapura Minechem Limited
ASHAPURMIN.NS
(National Stock Exchange of India)

Recent

price

645.40

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
80.47
82.62
112.26
130.39
201.38
204.07
93.35
89.83
67.51
36.48
130.9
139.59
196.38
286.4
291.29
- -
548.24
Revenue per Share
-76.18
-4.26
6.42
20.97
-4.19
18.66
-2.17
-5.19
-38.05
44.57
10.06
9.65
12.79
31.37
31.46
- -
42.02
Basic EPS, GAAP
11.7
1.86
21.36
20.48
8.74
10.43
2.68
-6.04
-26.08
-0.39
-23.39
-3.79
-4.4
-20.09
-22.48
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
0.01
- -
- -
- -
- -
- -
- -
0.5
0.63
- -
- -
- -
- -
Dividend per Share
-57.6
-62.23
-64.99
-32.8
-36.01
-18.83
-21.01
-26.2
-62.15
17.77
27.83
36.24
47.68
79.05
108.46
- -
2
Book Value per Share
-39.87
-45.53
-42.5
-13.34
-17.83
0.61
-1.67
-6.78
-35.62
35.06
38.27
46.96
67.54
95.06
124.94
- -
154.94
Tangible Book Value per Share
79
79
69
83
87
87
87
87
87
87
87
90
91
91
94
- -
96
Basic Weighted Avg Shares
6,356
6,526
7,719
10,832
17,528
17,753
8,120
7,814
5,873
3,173
11,386
12,516
17,966
26,201
27,389
52,371
52,371
Sales/Revenue/Turnover
9.1
8.51
13.86
14.27
13.55
11.25
-1.14
-4.36
-0.94
-17.61
6.79
3.49
5.88
6.63
10.66
8.06
8.06
Operating Margin (%)
265
279
258
257
349
439
484
385
325
284
450
581
726
786
780
1,327
- -
Depreciation Expense
-6,017
-336
441
1,742
-365
1,623
-189
-452
-3,310
3,877
875
865
1,170
2,870
2,958
4,014
4,014
Net Income, GAAP
- -
- -
11.47
5.38
- -
22.68
- -
- -
- -
- -
20.58
11.51
21.32
8.74
5.05
6.32
6.32
Effective Tax Rate (%)
-94.66
-5.16
5.72
16.08
-2.08
9.14
-2.33
-5.78
-56.37
122.19
7.68
6.91
6.51
10.95
10.8
7.66
7.66
Profit Margin (%)
-5,833
-6,264
-5,171
-4,499
-5,416
-5,316
-5,623
-4,235
-6,243
179
1,541
1,556
3,575
2,989
3,929
6,857
6,857
Working Capital
984
937
966
512
477
846
630
1,064
1,532
3,916
5,525
5,303
6,041
6,880
8,578
10,201
10,201
LT Debt
-3,033
-3,481
-2,810
-997
-1,442
161
-23
-472
-2,989
3,461
4,341
5,210
6,572
9,173
12,225
16,448
16,448
Total Equity
- -
- -
194.38
235.75
- -
167.28
- -
- -
- -
- -
5.95
3.22
6.09
9.02
12.48
14.3
14.29
Return on Invested Capital (%)
- -
- -
-41.77
-183.25
- -
-232.03
- -
- -
- -
- -
16.99
14.51
15.91
24.66
20.07
27.43
27.43
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
44.12
30.52
30.75
49.51
33.94
77.28
77.28
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
3,248
- -
4,236
LT Borrowings
9,012
- -
10,192
LT Finance Leases
15
- -
9
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
96
- -
96
Market Capitalization
61,990
83,871
43,894

Working Capital

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
22,108
- -
25,879
Cash, Cash Equivalents & STI
5,426
- -
6,207
Accounts Receivable, Net
5,463
- -
10,010
Inventories
5,075
- -
5,848
Total Current Liabilities
16,966
- -
19,023
Payables & Accruals
- -
- -
- -
ST Debt
3,248
- -
4,236
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
230.46%
30.71%
34.55%
Free Cash Flow
586.43%
24.03%
-186.81%
Net Income, GAAP
58.41%
43.64%
35.7%
Sales/Revenue/Turnover
32.51%
39.01%
91.21%
Total Cash Common Dividend
- -
631,208.78%
3,143,233.33%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
10,180
5,541
7,131
3,350
26,201
2025
7,142
6,041
8,654
5,552
27,389
2026
13,556
9,525
9,604
19,686
52,371

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
11.24
6.49
6.16
- -
31.37
2025
6.51
4.71
11.15
9.08
31.46
2026
11.5
10.11
8.82
11.59
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Ashapura Minechem Limited is an integrated multi-mineral solutions company engaged primarily in the mining, processing, and export of industrial minerals including bauxite, bentonite, kaolin, silica sand, and attapulgite. The company manufactures and supplies a diverse range of products categorized as industrial functional minerals; advanced refractory materials; hydrocarbon exploration solutions; adsorbent solutions; white performance minerals; super specialty refined mineral products; and building materials and chemicals. Its products serve a broad spectrum of industries including metals and foundries, oil and gas, petrochemicals, edible oils, paints, automobiles, and construction. Founded in 1960 and headquartered in Mumbai, India, Ashapura Minechem operates mining and processing plants across India as well as internationally in Belgium, Nigeria, Oman, Malaysia, UAE, and China. Recent significant developments include the strategic acquisition of the entire equity share capital of its step-down subsidiary Ashapura Holdings (UAE) FZE for AED 3 million, aimed at streamlining operations and strengthening its presence in the UAE market through organizational realignment. Additionally, the company has signed a multi-year strategic cooperation agreement with China Railway to develop the Boffa bauxite deposit in Guinea, a site with over 200 million tons of bauxite reserves, underlining its expansion in global resource development. Ashapura continues to pursue growth through enhanced supply chain networks and innovation in mineral applications while maintaining its leadership in the value-added segments such as bleaching clay, geo-synthetic clay liners, clay catalysts, and calcined bauxite. The company is listed on India's prominent stock exchanges and has demonstrated consistent revenue growth with advancing operational efficiencies. Ashapura Minechem's product portfolio emphasizes natural ores and additives essential to end-user industries, including high-quality sodium and calcium bentonite reserves, calcined bauxite products like AshGold, and mineral-based proprietary solutions for paper and paint coating applications. The company leverages indigenous R&D with global technology imports, advanced processing facilities, and superior logistics supported by robust port infrastructure to supply over 50 countries worldwide. This combination of core mineral extraction, value-added product manufacturing, global strategic partnerships, recent acquisition-led restructuring, and expanding international mining projects positions Ashapura Minechem Limited as a leading entity in the mining and industrial minerals sectors with diversified geographic reach and a comprehensive product offering.