Ashapura Minechem Limited ASHAPURMIN NSEINFRA
Company Overview
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.
Why Investors Should Care
Generates a return on equity of 24.3%, reflecting efficient use of shareholder capital.
Return on capital employed stands at 20.1%.
Net profit has compounded at 50.8% per year over the last five years.
Revenue has grown at a 42.8% CAGR over the past five years.
Trades at a P/E of 10.2, below the sector median of 21.1.
Generates positive free cash flow, funding growth and shareholder returns internally.
Recent Developments
- Mar 2026 Revenue of ₹5,237.13 Cr (+91.2% YoY); net profit ₹401.42 Cr.
- Trailing 12 Months Year-on-year growth — revenue +19.2%, earnings +5.0%.
- 5-Year Trend Long-term compounding — revenue CAGR 42.8%, profit CAGR 50.8%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 42.85% |
| 1 Year: | 19.20% |
Compounded Profit Growth
| 5 Years: | 50.82% |
| 1 Year: | 5.00% |
Stock Price Performance
| 1 Year: | -19.42% |
| 6 Months: | -28.39% |
| 3 Months: | -35.23% |
| 1 Month: | -16.57% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMABelow
- Price vs 200-DMABelow
- RSI (14)25.47 · Oversold
P/E of 10.25 is below the sector median of 21.09 — relatively cheaper than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Strong return on equity of 24.3%.
- Healthy ROCE of 20.1%.
- Compounding revenue at 42.8% over 5 years.
- Profit CAGR of 50.8% over 5 years.
- Generates positive free cash flow.
CONS
- Trading 51.4% below its 52-week high.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Basic Materials).
| # | Name | CMP ₹ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | ASHAPURMIN Ashapura Minechem Limited NSEINFRA | 436.65 | 10.25 | ₹4,171.15 Cr | 0.41% | 20.12% | 24.34% | 42.85% | 50.82% |
| 2 | ULTRACEMCO UltraTech Cement Limited NIFTY50NSEINFRA | 10,849.00 | 37.39 | ₹3.19 L Cr | 2.25% | 11.84% | 10.66% | 11.92% | 17.26% |
| 3 | JSWSTEEL JSW Steel Limited NIFTY50NSEAIINFRA | 1,222.90 | 12.07 | ₹2.99 L Cr | 0.58% | 18.75% | 22.30% | 3.61% | 75.28% |
| 4 | ASIANPAINT Asian Paints Limited NIFTY50NSEINFRA | 2,319.40 | 46.14 | ₹2.22 L Cr | 1.19% | 24.41% | 20.24% | 1.10% | 1.75% |
| 5 | HINDZINC Hindustan Zinc Limited NSEINFRA | 525.00 | 13.00 | ₹2.22 L Cr | 2.07% | 61.97% | 61.13% | 5.61% | 9.58% |
| 6 | TATASTEEL Tata Steel Limited NIFTY50NSEAIINFRA | 172.45 | 19.49 | ₹2.15 L Cr | 2.33% | 11.32% | 10.56% | -1.59% | 7.21% |
| 7 | HINDALCO Hindalco Industries Limited NIFTY50NSEAIINFRA | 892.85 | 12.11 | ₹1.98 L Cr | 0.56% | 9.42% | 9.80% | 7.10% | 9.87% |
| 8 | GRASIM Grasim Industries Limited NIFTY50NSEINFRA | 2,889.10 | 34.46 | ₹1.96 L Cr | 0.35% | 3.98% | 4.80% | 14.30% | -10.06% |
| 9 | SOLARINDS Solar Industries India Limited NSEINFRA | 19,259.00 | 87.52 | ₹1.74 L Cr | 0.06% | 29.51% | 26.72% | 12.39% | 30.36% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in INR.
| Metric | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 696.00 Cr | 1,018.00 Cr | 554.00 Cr | 713.00 Cr | 440.00 Cr | 714.00 Cr | - | 865.00 Cr | 555.24 Cr | 1,355.57 Cr | 952.50 Cr | 960.43 Cr | 1,968.63 Cr |
| Cost of Revenue | - | - | - | - | - | - | - | - | 154.39 Cr | 423.61 Cr | 257.66 Cr | 298.39 Cr | 545.09 Cr |
| Gross Profit | - | - | - | - | - | - | - | - | 400.85 Cr | 931.96 Cr | 694.84 Cr | 662.04 Cr | 1,423.54 Cr |
| Operating Expenses | 637.00 Cr | 908.00 Cr | 524.00 Cr | 655.00 Cr | 392.00 Cr | 627.00 Cr | - | 731.00 Cr | 345.79 Cr | 781.69 Cr | 596.30 Cr | 581.34 Cr | 1,330.93 Cr |
| Operating Income | 40.00 Cr | 92.00 Cr | 11.00 Cr | 38.00 Cr | 27.00 Cr | 70.00 Cr | - | 123.00 Cr | 55.06 Cr | 150.27 Cr | 98.54 Cr | 80.70 Cr | 92.61 Cr |
| EBITDA | 59.00 Cr | 110.00 Cr | 30.00 Cr | 58.00 Cr | 48.00 Cr | 87.00 Cr | - | 135.00 Cr | 113.97 Cr | 162.73 Cr | 110.44 Cr | 108.71 Cr | 180.58 Cr |
| Interest Expense | 19.00 Cr | 20.00 Cr | 12.00 Cr | 22.00 Cr | 16.00 Cr | 17.00 Cr | - | 23.00 Cr | 29.65 Cr | 30.89 Cr | 29.22 Cr | 23.95 Cr | 33.81 Cr |
| Pretax Income | 42.00 Cr | 103.00 Cr | 31.00 Cr | 54.00 Cr | 70.00 Cr | 57.00 Cr | - | 119.00 Cr | 84.32 Cr | 131.84 Cr | 81.22 Cr | 84.76 Cr | 146.77 Cr |
| Tax Provision | 11.34 Cr | 6.18 Cr | 3.72 Cr | 8.10 Cr | 9.10 Cr | 4.56 Cr | - | 11.90 Cr | 5.78 Cr | 17.94 Cr | -24.76 Cr | 8.81 Cr | 26.12 Cr |
| Net Income | 40.00 Cr | 102.00 Cr | 58.00 Cr | 54.00 Cr | 67.00 Cr | 60.00 Cr | - | 108.00 Cr | 86.49 Cr | 109.86 Cr | 96.61 Cr | 84.21 Cr | 110.73 Cr |
| Diluted EPS | 4.37 | 11.24 | 6.49 | 6.16 | 7.49 | 6.51 | - | 11.04 | 9.08 | 11.50 | 10.11 | 8.82 | 11.59 |
Profit & Loss (Annual)
Figures in INR.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,753.00 Cr | 1,775.00 Cr | 833.00 Cr | 794.00 Cr | 622.00 Cr | 334.00 Cr | 1,148.00 Cr | - | 1,796.65 Cr | 2,620.12 Cr | 2,738.93 Cr | 5,237.13 Cr |
| Cost of Revenue | - | - | - | - | - | - | - | - | 700.83 Cr | 759.73 Cr | 786.60 Cr | 1,524.73 Cr |
| Gross Profit | - | - | - | - | - | - | - | - | 1,095.82 Cr | 1,860.39 Cr | 1,952.33 Cr | 3,712.40 Cr |
| Operating Expenses | 1,483.00 Cr | 1,535.00 Cr | 794.00 Cr | 790.00 Cr | 626.00 Cr | 380.00 Cr | 1,026.00 Cr | - | 990.19 Cr | 1,686.59 Cr | 1,660.32 Cr | 3,290.26 Cr |
| Operating Income | 235.00 Cr | 196.00 Cr | -9.00 Cr | -35.00 Cr | -37.00 Cr | -73.00 Cr | 77.00 Cr | - | 105.63 Cr | 173.80 Cr | 292.01 Cr | 422.14 Cr |
| EBITDA | 270.00 Cr | 240.00 Cr | 39.00 Cr | 4.00 Cr | -4.00 Cr | -45.00 Cr | 122.00 Cr | - | 271.55 Cr | 456.26 Cr | 471.37 Cr | 695.17 Cr |
| Interest Expense | 20.00 Cr | 22.00 Cr | 17.00 Cr | 19.00 Cr | 20.00 Cr | 31.00 Cr | 60.00 Cr | - | 59.53 Cr | 68.96 Cr | 88.92 Cr | 117.87 Cr |
| Pretax Income | -9.00 Cr | 198.00 Cr | -1.00 Cr | -33.00 Cr | -322.00 Cr | 382.00 Cr | 110.00 Cr | - | 139.46 Cr | 308.67 Cr | 304.47 Cr | 444.58 Cr |
| Tax Provision | -28.35 Cr | 45.54 Cr | -15.02 Cr | -11.88 Cr | -6.44 Cr | -0 | 23.10 Cr | - | 29.73 Cr | 26.98 Cr | 15.39 Cr | 28.11 Cr |
| Net Income | -36.00 Cr | 162.00 Cr | -19.00 Cr | -45.00 Cr | -327.00 Cr | 383.00 Cr | 87.00 Cr | - | 117.01 Cr | 287.00 Cr | 295.81 Cr | 401.42 Cr |
| Diluted EPS | -4.19 | 18.66 | -2.17 | -5.19 | -38.05 | 44.57 | 10.06 | 9.65 | 12.79 | 30.50 | 31.46 | - |
Balance Sheet (Annual)
Figures in INR.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | 1,136.00 Cr | 1,430.00 Cr | 1,305.00 Cr | 1,286.00 Cr | 1,051.00 Cr | 1,820.00 Cr | 2,233.00 Cr | - | 3,032.04 Cr | 3,310.69 Cr | 3,930.55 Cr | 4,698.07 Cr |
| Current Assets | - | - | - | - | - | - | - | - | 1,819.05 Cr | 1,841.47 Cr | 2,100.50 Cr | 2,587.94 Cr |
| Cash & Equivalents | - | - | - | - | - | - | - | - | 69.34 Cr | 134.62 Cr | 109.35 Cr | 315.80 Cr |
| Inventory | - | - | - | - | - | - | - | - | 531.56 Cr | 520.38 Cr | 654.33 Cr | 584.75 Cr |
| Receivables | - | - | - | - | - | - | - | - | 489.86 Cr | 268.79 Cr | 547.45 Cr | 1,000.99 Cr |
| Total Liabilities | - | - | - | - | - | - | - | - | 2,374.81 Cr | 2,393.42 Cr | 2,708.04 Cr | 3,053.24 Cr |
| Current Liabilities | - | - | - | - | - | - | - | - | 1,461.57 Cr | 1,542.62 Cr | 1,707.61 Cr | 1,902.26 Cr |
| Long Term Debt | - | - | - | - | - | - | - | - | 590.91 Cr | 629.45 Cr | 854.11 Cr | 1,019.25 Cr |
| Total Debt | 188.00 Cr | 204.00 Cr | 144.00 Cr | 185.00 Cr | 209.00 Cr | 441.00 Cr | 664.00 Cr | - | 757.96 Cr | 983.58 Cr | 1,162.91 Cr | 1,443.74 Cr |
| Total Equity | -145.00 Cr | 19.00 Cr | -3.00 Cr | -48.00 Cr | -361.00 Cr | 346.00 Cr | 434.00 Cr | - | 664.70 Cr | 930.05 Cr | 1,242.02 Cr | 1,649.29 Cr |
| Shares Outstanding | - | - | - | - | - | - | - | - | 9.15 Cr | 9.15 Cr | 9.55 Cr | 9.55 Cr |
Cash Flows (Annual)
Figures in INR.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 186.00 Cr | 231.00 Cr | 72.00 Cr | -18.00 Cr | -217.00 Cr | 16.00 Cr | -20.00 Cr | - | 93.74 Cr | 148.06 Cr | 189.33 Cr | 462.86 Cr |
| Investing Cash Flow | -98.00 Cr | -208.00 Cr | -30.00 Cr | -20.00 Cr | 160.00 Cr | -156.00 Cr | -168.00 Cr | - | -129.69 Cr | -274.15 Cr | -392.42 Cr | -270.58 Cr |
| Financing Cash Flow | -70.00 Cr | -14.00 Cr | -43.00 Cr | 36.00 Cr | 68.00 Cr | 131.00 Cr | 182.00 Cr | - | 79.59 Cr | 190.72 Cr | 177.82 Cr | 14.18 Cr |
| Capital Expenditure | -103.00 Cr | -138.00 Cr | -36.00 Cr | -27.00 Cr | -4.00 Cr | -19.00 Cr | -176.00 Cr | - | -133.99 Cr | -331.87 Cr | -400.74 Cr | -279.34 Cr |
| Free Cash Flow | 83.00 Cr | 93.00 Cr | 36.00 Cr | -45.00 Cr | -221.00 Cr | -3.00 Cr | -196.00 Cr | - | -40.25 Cr | -183.81 Cr | -211.41 Cr | 183.52 Cr |
| Net Change in Cash | 18.00 Cr | 9.00 Cr | -1.00 Cr | -2.00 Cr | 11.00 Cr | -9.00 Cr | -5.00 Cr | - | 43.65 Cr | 64.63 Cr | -25.27 Cr | 206.46 Cr |
Ratios (Annual)
Figures in %.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - | - | - | - | 61.0% | 71.0% | 71.3% | 70.9% |
| Operating Margin % | 13.4% | 11.0% | -1.1% | -4.4% | -5.9% | -21.9% | 6.7% | - | 5.9% | 6.6% | 10.7% | 8.1% |
| Net Margin % | -2.1% | 9.1% | -2.3% | -5.7% | -52.6% | 114.7% | 7.6% | - | 6.5% | 11.0% | 10.8% | 7.7% |
| ROE % | 24.8% | 852.6% | 633.3% | 93.8% | 90.6% | 110.7% | 20.0% | - | 17.6% | 30.9% | 23.8% | 24.3% |
| ROCE % | - | - | - | - | - | - | - | - | 6.7% | 9.8% | 13.1% | 15.1% |
Shareholding Pattern
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for ASHAPURMIN
Ashapura Minechem 52 Week Low Streak and Valuation View - Univest
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Could The Market Be Wrong About Ashapura Minechem Limited (NSE:ASHAPURMIN) Given Its Attractive Financial Prospects? - Simply Wall Street
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Not Many Are Piling Into Ashapura Minechem Limited (NSE:ASHAPURMIN) Stock Yet As It Plummets 30% - Simply Wall Street
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Ashapura Minechem (ASHAPURMIN.NS) Slips 0.46% to ₹547.95: Consolidation Continues Within Key Trading Range - Overnight Profile - https://www.siam.in/
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Ashapura Minechem shares jump 5% to fresh high; what's driving the rally? - Business Standard
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Ashapura Minechem Limited (ASHAPURMIN.BO) Stock Price, News, Quote & History - Yahoo! Finance Canada
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ASHAPURMIN — Frequently Asked Questions
What is the current share price of Ashapura Minechem Limited (ASHAPURMIN)?
As of 2026-10-23 04:58 IST, Ashapura Minechem Limited (ASHAPURMIN) trades at ₹436.65 on NSE. Its 52-week range is ₹436.65 to ₹899.06.
What is the market capitalisation of ASHAPURMIN?
Ashapura Minechem Limited (ASHAPURMIN) has a market capitalisation of ₹4,171.15 Cr on NSE.
What is the P/E ratio of ASHAPURMIN?
ASHAPURMIN trades at a trailing price-to-earnings (P/E) ratio of 10.25. The industry average P/E is 21.09. Its price-to-book (P/B) ratio is 2.73.
Does ASHAPURMIN pay a dividend?
Ashapura Minechem Limited (ASHAPURMIN) currently offers a dividend yield of 0.41%.
What is the return on equity (ROE) of ASHAPURMIN?
ASHAPURMIN has a return on equity (ROE) of 24.34%. Its return on capital employed (ROCE) is 20.12%.
Is ASHAPURMIN a good stock to buy?
This page provides a data-driven analysis of Ashapura Minechem Limited (ASHAPURMIN), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.