Ashapura Minechem Limited share price
NSE: ASHAPURMIN · ISIN INE348A01023
Key numbers
- Market cap
- ₹ 4,838 Cr
- Current price
- ₹ 506.50
- 52-week high / low
- ₹ 925 / 455
- Stock P/E
- 11.9
- Book value
- ₹ 172.7
- Dividend yield
- 0.39%
- ROCE
- 20.4%
- ROE
- 27.8%
- Debt to equity
- 0.88
- Sales growth (3 yrs)
- 42.4%
- Profit growth (3 yrs)
- 50.8%
- 1-year return
- -20.8%
About Ashapura Minechem Limited
Ashapura Minechem Limited is involved in the mining, manufacturing, and trading of various minerals and its derivative products in India and internationally. The company offers processed bentonite products for foundry, iron ore pelletising, civil engineering, pet litter, environmental containment, and animal feed applications; bentonite-based drilling fluids and specialty additives to the oil and gas exploration sector; bleaching earth used for the removal of pigments, oxidation products, and other contaminants from crude vegetable oils; calcined China clay (CCC) and ground calcium carbonate (GCC) primarily from kaolin raw materials, with broad applications in paint and coatings, inks, paper, fibreglass, specialty rubber, and construction chemicals; and calcined bauxite and associated specialty grades for the steel, cement, glass, and aluminium industries, as well as exports bauxite. The company was founded in 1960 and is based in Mumbai, India.
Quarterly results
Consolidated figures in ₹ crores
| Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|
| Sales | 1,356 | 953 | 960 | 1,969 | 1,616 |
| Operating profit | 150 | 99 | 81 | 93 | 145 |
| Net profit | 110 | 97 | 84 | 111 | 115 |
| EPS (₹) | 11.50 | 10.11 | 8.82 | 11.59 | 12.07 |
Concall summary (2026-08-24)
AI summary of the earnings call transcript · tone: Positive · source document
Guidance & outlook
- Despite the near term challenges, we remain confident to achieve our full year target with a potential variation of plus or minus 10%.
- We remain confident in our ability to achieve or even cross our guidance of 15 million tons by financial year '28.
Growth & demand
- In the quarter one, our bauxite volumes stood to 2.34 million tons compared with 3.16 million tons in quarter four and 2.05 million tons in the quarter one of last financial year.
- Several new refineries are coming on stream, including the four new refineries in China which are expected to create additional bauxite demand of around 20 million tons to 30 million tons over the above current volumes.
Margins & costs
- Our bleaching clay business faced significant cost pressures during the quarter with sulphuric acid prices increasing five-fold over the past year and currently standing above INR30 a kg.
- Reported EBITDA stood at INR188.9 crores, compared with INR187.7 crores in quarter one of ‘25- ‘26.
Capex & expansion
- Our Boffa port is now fully operational with its capacity enhanced from the 5 million tons to 8 million tons per annum.
- At GSM, the second port, the new jetty is currently under construction and expected to be operational by Q4 of this financial year, increasing capacity from 6 million tons to 10 million tons per annum.
Balance sheet & cash
- So now it is really a question of value addition and technology, how we can leverage our existing infrastructure for more and more premium products, solutioning and, you know, kind of a win-win partnerships with the customers.
Peers in Other Industrial Metals & Mining
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