Ashapura Minechem Ltd

Ashapura Minech. Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Ashapura Minechem Ltd

₹ 686 -1.47%
28 Nov - close price
ashapura.com BSE: 527001 NSE: ASHAPURMIN
About

Incorporated on 19th February 1982, Ashapura Minechem Ltd. is engaged in the mining, manufacturing and trading of various minerals and its derivative products. The company offers multi-mineral solutions across several industries from soaps to steel, energy to edible oils, metal to medicine and cement to ceramics. The company has its network of operations pan-India and in 7 other countries.[1][2]

Key Points

Product Portfolio:[1]
The Company is principally involved in mining, mineral processing, and logistics. Nearly all of the company’s products are natural ores or additives that form a part of the end-product, viz.[2]
a. Industrial Functional Minerals:
b. Advanced Refractory Materials
c. Hydrocarbon Exploration Solutions
d. Adsorbent Solutions
e. White Performance Minerals
f. Super Specialty Refined Mineral Products
g. Building Materials and Chemicals

Website BSE NSE
  • Market Cap ₹ 6,553 Cr.
  • Current Price ₹ 686
  • High / Low ₹ 755 / 302
  • Stock P/E 46.6
  • Book Value ₹ 41.6
  • Dividend Yield 0.15 %
  • ROCE 24.9 %
  • ROE 33.0 %
  • Face Value ₹ 2.00
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Pros

  • Company is expected to give good quarter
  • Company has delivered good profit growth of 27.0% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 41.9%

Cons

  • Stock is trading at 16.5 times its book value
  • Tax rate seems low
  • Company has high debtors of 241 days.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Commodities Metals & Mining Minerals & Mining Industrial Minerals

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025
47 60 47 91 67 97 79 78 74 97 123 106 87
55 63 41 52 58 68 68 54 62 78 105 65 65
Operating Profit -7 -3 6 39 8 30 10 23 12 19 18 42 22
OPM % -16% -5% 12% 43% 13% 30% 13% 30% 16% 20% 15% 39% 25%
11 14 10 4 15 11 58 2 5 6 2 4 14
Interest 6 5 5 4 3 3 3 2 2 2 1 3 3
Depreciation 5 3 3 3 3 3 3 3 2 2 2 2 3
Profit before tax -7 2 9 36 18 35 63 21 13 22 16 40 30
Tax % 0% 0% 14% -18% -7% -6% -9% -16% -11% -20% -23% 25% -116%
-7 2 8 42 19 37 68 24 14 26 20 30 65
EPS in Rs -0.81 0.22 0.83 4.62 2.07 4.03 7.47 2.62 1.49 2.72 2.13 3.12 6.76
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Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
664 749 592 236 239 337 206 421 598 223 333 372 413
551 626 520 272 268 630 242 341 590 228 245 298 312
Operating Profit 112 124 73 -37 -29 -292 -37 80 8 -6 88 73 101
OPM % 17% 17% 12% -16% -12% -87% -18% 19% 1% -2% 26% 20% 24%
59 -222 22 12 -5 250 465 41 26 38 88 15 26
Interest 19 10 9 10 11 10 14 35 30 23 15 7 9
Depreciation 11 16 20 24 24 23 21 20 20 15 10 9 9
Profit before tax 141 -124 65 -59 -69 -74 393 66 -16 -6 151 72 108
Tax % 0% 0% 0% 0% 0% 0% 0% 16% 0% 20% -10% -18%
141 -124 65 -59 -69 -74 393 56 -16 -7 166 85 141
EPS in Rs 16.24 -14.25 7.44 -6.78 -7.90 -8.54 45.22 6.40 -1.71 -0.77 18.19 8.85 14.73
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 8% -29% 0% 0% 11%
Compounded Sales Growth
10 Years: -7%
5 Years: 13%
3 Years: -15%
TTM: 26%
Compounded Profit Growth
10 Years: -2%
5 Years: 27%
3 Years: 94%
TTM: 77%
Stock Price CAGR
10 Years: 26%
5 Years: 54%
3 Years: 98%
1 Year: 115%
Return on Equity
10 Years: %
5 Years: 40%
3 Years: 42%
Last Year: 33%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Sep 2025
Equity Capital 17 17 17 17 17 17 17 17 18 18 18 19 19
Reserves -162 -288 -223 -276 -344 -419 -21 34 18 16 181 294 378
151 92 78 67 58 45 93 86 68 55 45 78 73
700 888 920 891 904 951 497 545 541 496 317 318 267
Total Liabilities 707 710 792 699 636 595 587 682 646 586 561 709 738
148 142 189 234 218 197 181 164 148 126 114 112 112
CWIP 11 9 49 2 5 7 3 1 3 2 6 7 4
Investments 39 39 39 44 44 31 44 44 40 40 40 40 41
509 520 515 418 369 360 358 474 456 418 402 550 581
Total Assets 707 710 792 699 636 595 587 682 646 586 561 709 738

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
0 52 146 16 -46 17 -1 40 41 38 -13 -46
0 -20 -102 -14 -5 15 -15 4 -2 1 33 -2
0 -29 -48 -8 50 -20 15 -51 -41 -27 -27 54
Net Cash Flow 0 3 -3 -6 -0 12 -1 -7 -2 12 -7 5

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 109 97 114 214 109 77 196 185 94 192 143 241
Inventory Days 445 287 282 259 403 309 391 255 135 542 396 273
Days Payable 231 137 219 149 126 157 183 253 125 265 264 215
Cash Conversion Cycle 323 247 177 324 387 229 404 187 104 468 275 299
Working Capital Days -237 -273 -346 -950 -716 -730 178 109 28 183 159 264
ROCE % 1,100% 72% 12% 20% 54% 25%

Shareholding Pattern

Numbers in percentages

2 Recently
Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
45.22% 45.33% 45.33% 45.33% 45.33% 45.39% 45.39% 47.70% 47.70% 47.76% 47.76% 47.79%
16.35% 16.99% 17.09% 18.03% 17.56% 17.24% 16.45% 15.72% 16.00% 16.56% 16.42% 18.02%
0.14% 0.14% 0.14% 0.19% 0.18% 0.48% 0.45% 0.13% 0.14% 0.38% 0.26% 0.35%
38.29% 37.53% 37.43% 36.44% 36.92% 36.89% 37.71% 36.44% 36.14% 35.31% 35.57% 33.83%
No. of Shareholders 28,03326,21425,55727,46631,09130,41529,92833,97430,70532,28933,26736,096

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

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