Ashapura Minechem
- Market cap
- ₹ 4,022 Cr.
- P/E
- 10x
- P/B
- 2.51x
- 52-week range
- 408.4 – 924.9
- ROE
- 28%
- ROCE
- 21%
- Dividend yield
- 0.5%
- Debt / equity
- 0.88
- Sector
- Minerals & Mining
- Industry
- Industrial Minerals
- Listed on
- NSE, BSE
About
Ashapura Minechem Limited is an India-based company, which is engaged in the mining, manufacturing and trading of various minerals and its derivative products and related services. The Company has a network of operations pan-India and in seven other countries. From soaps to steel, energy to edible oils, metal to medicine and cement to ceramics, it offers multi-mineral solutions across several industries. Its products include Industrial Functional Minerals, Advanced Refractory Materials, Hydrocarbon Exploration Solutions, Adsorbent Solutions, White Performance Minerals, Super Specialty Refined Mineral Products, Building Materials and Chemicals, Kaolin, Silica Sand, and Ball Clay. It is a producer of advanced refractory materials with a portfolio of castable, high alumina cement, calcined bauxite, and fused alumina. It provides enriched drilling mud to oilfield solutions companies across their global drilling bases in the North Sea, Middle East, South Asia, and Africa.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Industrial Minerals: 15 companies →Ashapura Minechem against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)10 against a typical 24.9: cheaper than most peers (1st = cheapest).5th of 15
- Sales growth+19.2% against a typical +28.9% from a year earlier.9th of 14
- Profit growth−5.3% against a typical +3.1% from a year earlier.8th of 10
- Share price, 3 months−39% against a typical −20.1%.15th of 15
- Size₹ 4,022 Cr. market value against a typical ₹ 987.9 Cr. (1st = largest).5th of 13
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 7 Aug 2026 | Financial Results/Other business matters | To consider and to take on record the unaudited Standalone & Consolidated financial results (provisional) for the quarter ended 30th June, 2026. |
| 28 May 2026 | Financial Results/Dividend/Other business matters | To consider and to take on record the Audited Standalone & Consolidate Financial Results of the Company for the Quarter and the year ended 31st March, 2026, to consider & recommend dividend, if any and the matters incidental thereto. |
| 24 Mar 2026 | Other business matters | To consider, frame and if thought fit to approve the formulation of Employee Stock Option Plan subject to the approval of shareholders and the matters incidental thereto. |
| 5 Feb 2026 | Financial Results/Other business matters | To consider and approve the unaudited Standalone & Consolidated financial results (provisional) for the period ended December 31, 2025 and other business matters |
| 13 Nov 2025 | Financial Results/Other business matters | To consider and to take on record the unaudited standalone & consolidated financial results (provisional) for the period ended September 30, 2025 and other business matters |
| 12 Aug 2025 | Financial Results/Other business matters | To consider and approve the unaudited Standalone & Consolidated financial results (provisional) for the period ended Jun 30, 2025 and other business matters |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 554 | 713 | 440 | 714 | 604 | 865 | 555 | 1,356 | 952 | 960 | 1,969 | 1,616 |
| Expenses | 524 | 655 | 392 | 627 | 540 | 731 | 471 | 1,174 | 822 | 846 | 1,841 | 1,435 |
| Operating Profit | 30 | 58 | 48 | 87 | 64 | 135 | 84 | 182 | 131 | 114 | 128 | 181 |
| OPM % | 6% | 8% | 11% | 12% | 11% | 16% | 15% | 13% | 14% | 12% | 6% | 11% |
| Other Income | 32 | 39 | 59 | 4 | 10 | 20 | 56 | 12 | 12 | 28 | 88 | 14 |
| Interest | 12 | 22 | 16 | 17 | 19 | 23 | 30 | 31 | 29 | 24 | 34 | 29 |
| Depreciation | 19 | 20 | 21 | 17 | 20 | 12 | 29 | 32 | 32 | 34 | 35 | 37 |
| Profit before tax | 31 | 54 | 70 | 57 | 36 | 119 | 82 | 132 | 81 | 85 | 147 | 130 |
| Tax % | 12% | 15% | 13% | 8% | −20% | 10% | 7% | 14% | −30% | 10% | 18% | 17% |
| Net Profit | 58 | 54 | 67 | 60 | 43 | 108 | 79 | 114 | 106 | 76 | 121 | 108 |
| EPS in Rs | 6.49 | 6.16 | 7.49 | 6.51 | 4.64 | 11.04 | 9.05 | 11.5 | 10.11 | 8.82 | 11.59 | 12.07 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 11%
- 5 Years
- 35%
- 3 Years
- 42%
- TTM
- 63%
- 10 Years
- 10%
- 5 Years
- 43%
- 3 Years
- 51%
- TTM
- 19%
- 10 Years
- 24%
- 5 Years
- 36%
- 3 Years
- 39%
- TTM
- —
- 10 Years
- —
- 5 Years
- 25%
- 3 Years
- 27%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Ashapura Minechem | ₹ 432.00 | ₹ 4,022 Cr. | 10x | 2.5x | 28% | — |
| Hindustan Zinc | ₹ 497.00 | ₹ 2,09,998 Cr. | 15.9x | 9.7x | 76.9% | 33.9% |
| Hindalco Industries | ₹ 860.50 | ₹ 1,93,374 Cr. | 11.6x | 1.6x | 10.3% | 4.9% |
| Vedanta | ₹ 226.00 | ₹ 88,375 Cr. | 21.3x | 2x | 22.4% | 14.9% |
| NMDC | ₹ 66.30 | ₹ 58,290 Cr. | 9.8x | 2.2x | 23.4% | 23.1% |
| Hindustan Copper | ₹ 399.40 | ₹ 38,623 Cr. | 47.5x | 14.1x | 30.6% | 29.9% |
Management
- Hemul Ramesh Shah
- Chief Executive Officer, Executive Director
- Ashish Desai
- Chief Financial Officer
- Sachin Prakash Polke
- Compliance Officer, Vice President - Group Affairs, Company Secretary
Prices are delayed and for information only. Nothing on this page is investment advice.