Ashapura Minechem Ltd
Ashapura Minechem Ltd (ASHAPURMIN) last reported results for the quarter ended Jun 2026, with sales of ₹1,616 crore and net profit of ₹108 crore. The stock last traded at ₹497, a market capitalisation of ₹4,750 crore, on a P/E of 11.6. Over the past 52 weeks the stock has ranged between ₹455 and ₹925. Figures are as of 6 Oct 2026 and are not real time.
Ashapura Minechem Ltd share price and key metrics
- Current price
- ₹497
- Market cap
- ₹4,750 cr
- Stock P/E
- 11.6
- Book value
- ₹173
- ROE
- 28.0%
- ROCE
- 20.7%
- Dividend yield
- 0.40%
- 52w high / low
- 925/455
Metrics as of 6 Oct 2026. Not real time.
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Ashapura Minechem Ltd growth and returns
- 10 Years
- 11%
- 5 Years
- 35%
- 3 Years
- 42%
- TTM
- 63%
- 10 Years
- 10%
- 5 Years
- 43%
- 3 Years
- 51%
- TTM
- 19%
- 10 Years
- 23%
- 5 Years
- 31%
- 3 Years
- 19%
- 1 Year
- -24%
- 10 Years
- %
- 5 Years
- 25%
- 3 Years
- 27%
- Last Year
- 28%
Ashapura Minechem Ltd quarterly results
In the quarter ended Jun 2026, sales were ₹1,616 cr, up 19.2% from ₹1,356 cr a year earlier. Net profit was ₹108 cr, down 5.3% year on year.
| ₹ crore | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 604 | 865 | 555 | 1,356 | 952 | 960 | 1,969 | 1,616 |
| Expenses | 540 | 731 | 471 | 1,174 | 822 | 846 | 1,841 | 1,435 |
| Operating profit | 64 | 135 | 84 | 182 | 131 | 114 | 128 | 181 |
| OPM % | 11% | 16% | 15% | 13% | 14% | 12% | 6% | 11% |
| Other income | 10 | 20 | 56 | 12 | 12 | 28 | 88 | 14 |
| Interest | 19 | 23 | 30 | 31 | 29 | 24 | 34 | 29 |
| Depreciation | 20 | 12 | 29 | 32 | 32 | 34 | 35 | 37 |
| Profit before tax | 36 | 119 | 82 | 132 | 81 | 85 | 147 | 130 |
| Tax % | -20% | 10% | 7% | 14% | -30% | 10% | 18% | 17% |
| Net profit | 43 | 108 | 79 | 114 | 106 | 76 | 121 | 108 |
| EPS (₹) | 4.64 | 11.04 | 9.05 | 11.50 | 10.11 | 8.82 | 11.59 | 12.07 |
Consolidated figures as reported by the company. Percentages are as published; totals may not sum exactly.
Ashapura Minechem Ltd annual results
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 833 | 794 | 622 | 334 | 1,148 | 1,278 | 1,831 | 2,654 | 2,739 | 5,237 | 5,498 |
| Operating profit | 39 | 4 | -4 | -45 | 122 | 102 | 178 | 252 | 377 | 555 | 554 |
| OPM % | 4.7% | 0.6% | -0.7% | -14% | 11% | 8% | 10% | 10% | 14% | 11% | 10% |
| Net profit | -19 | -45 | -327 | 383 | 87 | 87 | 110 | 282 | 289 | 416 | 411 |
| EPS (₹) | -2.17 | -5.19 | -38.05 | 44.57 | 10.06 | 9.46 | 12.79 | 31.37 | 30.97 | 42.02 | 42.59 |
TTM is the trailing twelve months to the most recent quarter.
Ashapura Minechem Ltd balance sheet
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity capital | 17 | 17 | 17 | 17 | 17 | 18 | 18 | 18 | 19 | 19 |
| Reserves | -20 | -65 | -378 | 329 | 417 | 503 | 646 | 912 | 1,223 | 1,630 |
| Borrowings | 144 | 185 | 209 | 441 | 664 | 639 | 758 | 984 | 1,163 | 1,444 |
| Other liabilities | 1,163 | 1,148 | 1,203 | 1,033 | 1,135 | 1,264 | 1,627 | 1,397 | 1,526 | 1,605 |
| Total liabilities | 1,305 | 1,286 | 1,051 | 1,820 | 2,233 | 2,424 | 3,050 | 3,311 | 3,931 | 4,698 |
| Fixed assets | 336 | 308 | 254 | 544 | 527 | 539 | 584 | 577 | 1,349 | 1,499 |
| CWIP | 5 | 21 | 9 | 54 | 204 | 254 | 262 | 504 | 55 | 51 |
| Investments | 243 | 267 | 180 | 274 | 290 | 268 | 288 | 321 | 344 | 371 |
| Other assets | 721 | 689 | 608 | 947 | 1,212 | 1,363 | 1,915 | 1,909 | 2,181 | 2,778 |
| Total assets | 1,305 | 1,286 | 1,051 | 1,820 | 2,233 | 2,424 | 3,050 | 3,311 | 3,931 | 4,698 |
As reported by the company. Total assets equal total liabilities by construction.
Ashapura Minechem Ltd cash flow
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | 72 | -18 | -217 | 16 | -20 | 114 | 97 | 148 | 188 | 463 |
| Cash from investing | -30 | -20 | 160 | -156 | -168 | -63 | -130 | -274 | -392 | -271 |
| Cash from financing | -43 | 36 | 68 | 131 | 182 | -60 | 80 | 191 | 178 | 14 |
| Net cash flow | -1 | -2 | 11 | -9 | -5 | -9 | 47 | 65 | -25 | 206 |
| Free cash flow | 36 | -45 | -221 | -3 | -196 | -2 | -36 | -125 | -208 | 184 |
| CFO / operating profit | 282% | -97% | 4,688% | -39% | -5% | 127% | 65% | 76% | 61% | 88% |
Negative figures are outflows. CFO / operating profit is a ratio, not an amount.
Ashapura Minechem Ltd operating ratios
| Per year | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % | 10% | 0% | -42% | -14% | 16% | 12% | 16% | 17% | 19% | 21% |
| Debtor days | 103 | 95 | 61 | 202 | 92 | 89 | 98 | 37 | 73 | 70 |
| Inventory days | 329 | 285 | 226 | 532 | 364 | 453 | 420 | 390 | 506 | 153 |
| Days payable | 265 | 187 | 168 | 328 | 461 | 387 | 360 | 415 | 477 | 245 |
| Cash conversion cycle | 166 | 193 | 120 | 406 | -5 | 154 | 158 | 12 | 103 | -22 |
| Working capital days | -266 | -214 | -405 | -32 | 35 | 35 | 65 | 21 | 36 | 25 |
Ratios as computed by the source from the reported statements. Rows a company does not report are omitted.
Ashapura Minechem Ltd shareholding pattern
Promoters held 48.04% at Jun 2026, broadly unchanged since Jun 2025. FIIs 19.22% and DIIs 0.40%.
| % held | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 47.70% | 47.70% | 47.76% | 47.76% | 47.79% | 47.88% | 48.03% | 48.04% |
| FIIs | 15.72% | 16.00% | 16.56% | 16.42% | 18.02% | 19.25% | 19.50% | 19.22% |
| DIIs | 0.13% | 0.14% | 0.38% | 0.26% | 0.35% | 0.38% | 0.33% | 0.40% |
| Public | 36.44% | 36.14% | 35.31% | 35.57% | 33.83% | 32.49% | 32.13% | 32.34% |
| No. of shareholders | 33,974 | 30,705 | 32,289 | 33,267 | 36,096 | 39,757 | 43,255 | 47,193 |
As disclosed by the company to the exchanges. The last row is a count of shareholders, not a percentage.
Ashapura Minechem Ltd corporate filings
- Ashapura Minechem Ltd. appoints Mr. Manan Shah as Whole Time Director for 5 years, signaling strategic leadership transitionCompany Updatemedium impact
Cruxal's analysis: Ashapura Minechem Ltd. announced on 29th September 2026 that its Board has co-opted Mr…
Read the full analysis - Ashapura Minechem Ltd. Conducts 45th AGM with Unanimous Shareholder Approval via E-votingAGM/EGMlow impact
Cruxal's analysis: Ashapura Minechem Ltd. held its 45th Annual General Meeting on 29th September 2026…
Read the full analysis - Ashapura Minechem Limited holds 45th AGM; no new financial disclosures or strategic announcements madeAGM/EGMlow impact
Cruxal's analysis: Ashapura Minechem Limited conducted its 45th Annual General Meeting on 29th September…
Read the full analysis - Intimation of Closure of Trading WindowInsider Trading / SASTlow impact
- Ashapura Minechem receives regulatory order for penalty of 6 lakh 13 thousand 173 INRCompany Updatelow impact
Cruxal's analysis: Ashapura Minechem Limited has disclosed the receipt of an order from the Geology and…
Read the full analysis - Ashapura Minechem Limited: Promoter Family Completes Internal Reorganization and Succession Planning via Off-Market Share TransfersInsider Trading / SASTlow impact
Cruxal's analysis: Ashapura Minechem Limited has disclosed an internal promoter group reorganization…
Read the full analysis - Ashapura Minechem Ltd. issues public notice regarding loss of equity share certificatesCompany Updatelow impact
Cruxal's analysis: Ashapura Minechem Ltd. has issued a formal public notice regarding the loss of equity…
Read the full analysis - Eriska Investment Fund Increases Stake in Ashapura Minechem Ltd to 7.29% via Open Market PurchasesInsider Trading / SASThigh impact
Cruxal's analysis: Ashapura Minechem Ltd has seen a significant increase in institutional interest, with…
Read the full analysis - Ashapura Minechem Limited issues tax deduction intimation for final dividend of INR 2.00 per shareCompany Updatelow impact
Cruxal's analysis: Ashapura Minechem Limited has issued a formal communication to shareholders regarding the…
Read the full analysis - Ashapura Minechem Ltd announces newspaper publication of Annual General Meeting noticeCompany Updatelow impact
Cruxal's analysis: Ashapura Minechem Ltd has fulfilled regulatory requirements under Regulation 30 of the…
Read the full analysis - Ashapura Minechem Ltd issues notice to shareholders regarding non-registered email addressesCompany Updatelow impact
Cruxal's analysis: Ashapura Minechem Ltd has issued a routine communication to shareholders whose email…
Read the full analysis - Ashapura Minechem Ltd files Business Responsibility and Sustainability Report (BRSR) for FY2025-2026Otherslow impact
Cruxal's analysis: Ashapura Minechem has submitted its Business Responsibility and Sustainability Report…
Read the full analysis - Ashapura Minechem Ltd releases Annual Report for FY 2025-2026Otherslow impact
Cruxal's analysis: Ashapura Minechem Ltd has filed its Annual Report for the financial year 2025-2026. This…
Read the full analysis - Ashapura Minechem Limited Announces 45th AGM, Recommends 100% Final Dividend, and Appoints New KMPAGM/EGMhigh impact
Cruxal's analysis: Ashapura Minechem Limited has scheduled its 45th Annual General Meeting for September 29…
Read the full analysis - Ashapura Minechem Limited: Promoter Group Executes Internal Restructuring via Indirect Share AcquisitionInsider Trading / SASTlow impact
Cruxal's analysis: Ashapura Minechem Limited has disclosed an indirect acquisition of shares by the Manan…
Read the full analysis - Ashapura Minechem Limited: Promoter Group Executes Internal Restructuring for Succession PlanningInsider Trading / SASTlow impact
Cruxal's analysis: Ashapura Minechem Limited has disclosed an internal transfer of 49,994 equity shares…
Read the full analysis - Himani Ankur Shah Family Trust acquires 7.01% stake in Ashapura Minechem Limited via off-market transferInsider Trading / SASTlow impact
Cruxal's analysis: Ashapura Minechem Limited has reported an off-market acquisition of 66 lakh 96 thousand…
Read the full analysis - Ashapura Minechem Limited: Promoter Group Executes Off-Market Transfer of 66.96 Lakh Shares for Succession PlanningInsider Trading / SASTlow impact
Cruxal's analysis: Ashapura Minechem Limited has reported an off-market transfer of 66.96 lakh equity shares…
Read the full analysis - Ashapura Minechem shareholders approve material related party transactions with overseas subsidiariesAGM/EGMlow impact
Cruxal's analysis: Ashapura Minechem Limited has received shareholder approval via postal ballot for two…
Read the full analysis - Ashapura Minechem shareholders approve material related party transactions totaling 3,865 crore for FY 2026-27AGM/EGMmedium impact
Cruxal's analysis: Ashapura Minechem Limited has received shareholder approval via postal ballot for two…
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