Ashapura Minechem Ltd
432.60
INR
-4.35
(-1.00%)
ISIN
INE348A01023
Return %
Stock
S&P 500
1Y
-34.99
14.20
3Y
37.03
81.12
5Y
280.14
68.34
Capital Structure
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in mil. unless spec.Working Capital
INR
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in mil. unless spec.Growth Rates
INR
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in mil. unless spec.Quarterly Revenue
INR
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Hemul Ramesh Shah
- Full Time Employees
- 2,277
- Sector
- Non-energy minerals
- Industry
- Other metals/Minerals
- Address
- Jeeven Udyog Building Mumbai MA India 400001
- IPO Date
- Jul 21, 1993
- Website
- ashapura.com
- Similar Companies
- 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.