Ashapura Minechem Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- ✓Excellent return on equity (ROE 28%)
- ✓Efficient capital deployment (ROCE 20.7%)
- ✓Attractively valued vs sector (P/E 16.2x vs industry 31.6x)
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| ADANIENT Adani Enterprises Limited | ₹3,148 | ₹4.3L Cr | 120 | 5.02 | -3.38 | 5.8 | 2.03 |
| JSWSTEEL JSW Steel Limited | ₹1,264 | ₹3.0L Cr | 25.1 | 3.09 | 10.2 | 11 | 1.22 |
| TATASTEEL Tata Steel Limited | ₹186 | ₹2.3L Cr | 20.5 | 2.27 | 11.7 | 12.5 | 1.01 |
| HINDZINC Hindustan Zinc Limited | ₹535 | ₹2.2L Cr | 15.9 | 9.98 | 76.6 | 69.5 | 0.39 |
| HINDALCO Hindalco Industries Limited | ₹950 | ₹2.1L Cr | 12.6 | 1.56 | 13 | 13.2 | 0.56 |
| LLOYDSME Lloyds Metals And Energy Limited | ₹1,936 +1.49% | ₹1.1L Cr | 28.2 | 7.39 | 36.6 | 27.3 | 1.45 |
| JINDALSTEL JINDAL STEEL LIMITED | ₹1,048 | ₹1.0L Cr | 25.9 | 2.1 | 8.22 | 9.7 | 0.39 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
ASHAPURMIN · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 45.33% | 45.39% | 45.39% | 47.70% | 47.70% | 47.76% |
| FII | 17.56% | 17.24% | 16.45% | 15.72% | 16.00% | 16.56% |
| DII | 0.18% | 0.48% | 0.45% | 0.13% | 0.14% | 0.38% |
| Public | 36.92% | 36.89% | 37.71% | 36.44% | 36.14% | 35.31% |
Corporate Events
Dividend - Re 1 Per Share
Annual General Meeting
Annual General Meeting
Financials
Quarterly Results
| Metric | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹2.0K Cr ▲105.1% | ₹960 Cr ▲0.8% | ₹952 Cr ▼29.8% | ₹1.4K Cr ▲144.3% | ₹555 Cr ▼35.8% | ₹865 Cr ▲43.2% | ₹604 Cr ▼15.4% | ₹714 Cr |
| Op. Profit | ₹128 Cr ▲12.3% | ₹114 Cr ▼13.0% | ₹131 Cr ▼28.0% | ₹182 Cr ▲116.7% | ₹84 Cr ▼37.8% | ₹135 Cr ▲110.9% | ₹64 Cr ▼26.4% | ₹87 Cr |
| OPM | 6.0% ▼50.0% | 12.0% ▼14.3% | 14.0% ▲7.7% | 13.0% ▼13.3% | 15.0% ▼6.3% | 16.0% ▲45.5% | 11.0% ▼8.3% | 12.0% |
| Net Profit | ₹121 Cr ▲59.2% | ₹76 Cr ▼28.3% | ₹106 Cr ▼7.0% | ₹114 Cr ▲44.3% | ₹79 Cr ▼26.9% | ₹108 Cr ▲151.2% | ₹43 Cr ▼28.3% | ₹60 Cr |
| EPS (₹) | 11.59 ▲31.4% | 8.82 ▼12.8% | 10.11 ▼12.1% | 11.5 ▲27.1% | 9.05 ▼18.0% | 11.04 ▲137.9% | 4.64 ▼28.7% | 6.51 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹5.2K Cr ▲91.2% | ₹2.7K Cr ▲3.2% | ₹2.7K Cr ▲44.9% | ₹1.8K Cr ▲43.3% | ₹1.3K Cr ▲11.3% | ₹1.1K Cr ▲243.7% | ₹334 Cr ▼46.3% | ₹622 Cr ▼21.7% | ₹794 Cr ▼4.7% | ₹833 Cr |
| Expenses | ₹4.7K Cr ▲98.2% | ₹2.4K Cr ▼1.6% | ₹2.4K Cr ▲45.3% | ₹1.7K Cr ▲40.6% | ₹1.2K Cr ▲14.6% | ₹1.0K Cr ▲170.0% | ₹380 Cr ▼39.3% | ₹626 Cr ▼20.8% | ₹790 Cr ▼0.5% | ₹794 Cr |
| Op. Profit | ₹555 Cr ▲47.2% | ₹377 Cr ▲49.6% | ₹252 Cr ▲41.6% | ₹178 Cr ▲74.5% | ₹102 Cr ▼16.4% | ₹122 Cr ▲371.1% | ₹-45 Cr ▼1025.0% | ₹-4 Cr ▼200.0% | ₹4 Cr ▼89.7% | ₹39 Cr |
| OPM | 11.0% ▼21.4% | 14.0% ▲40.0% | 10.0% ▲0.0% | 10.0% ▲25.0% | 8.0% ▼27.3% | 11.0% ▲178.6% | -14.0% ▼1300.0% | -1.0% ▼200.0% | 1.0% ▼80.0% | 5.0% |
| Other Income | ₹140 Cr ▲38.6% | ₹101 Cr ▼52.1% | ₹211 Cr ▲106.9% | ₹102 Cr ▼8.9% | ₹112 Cr ▲20.4% | ₹93 Cr ▼80.9% | ₹487 Cr ▲283.8% | ₹-265 Cr ▼1425.0% | ₹20 Cr ▼20.0% | ₹25 Cr |
| Interest | ₹118 Cr ▲22.9% | ₹96 Cr ▲26.3% | ₹76 Cr ▲11.8% | ₹68 Cr ▲17.2% | ₹58 Cr ▼3.3% | ₹60 Cr ▲93.5% | ₹31 Cr ▲55.0% | ₹20 Cr ▲5.3% | ₹19 Cr ▲11.8% | ₹17 Cr |
| Depreciation | ₹133 Cr ▲70.5% | ₹78 Cr ▼1.3% | ₹79 Cr ▲8.2% | ₹73 Cr ▲25.9% | ₹58 Cr ▲28.9% | ₹45 Cr ▲60.7% | ₹28 Cr ▼15.2% | ₹33 Cr ▼15.4% | ₹39 Cr ▼18.8% | ₹48 Cr |
| PBT | ₹445 Cr ▲46.4% | ₹304 Cr ▼1.6% | ₹309 Cr ▲122.3% | ₹139 Cr ▲41.8% | ₹98 Cr ▼10.9% | ₹110 Cr ▼71.2% | ₹382 Cr ▲218.6% | ₹-322 Cr ▼875.8% | ₹-33 Cr ▼3200.0% | ₹-1 Cr |
| Tax % | 6.0% ▲20.0% | 5.0% ▼44.4% | 9.0% ▼57.1% | 21.0% ▲75.0% | 12.0% ▼42.9% | 21.0% | 0.0% ▼100.0% | 2.0% ▼94.4% | 36.0% ▼97.6% | 1502.0% |
| Net Profit | ₹416 Cr ▲43.9% | ₹289 Cr ▲2.5% | ₹282 Cr ▲156.4% | ₹110 Cr ▲26.4% | ₹87 Cr ▲0.0% | ₹87 Cr ▼77.3% | ₹383 Cr ▲217.1% | ₹-327 Cr ▼626.7% | ₹-45 Cr ▼136.8% | ₹-19 Cr |
| EPS (₹) | 42.02 ▲35.7% | 30.97 ▼1.3% | 31.37 ▲145.3% | 12.79 ▲35.2% | 9.46 ▼6.0% | 10.06 ▼77.4% | 44.57 ▲217.1% | -38.05 ▼633.1% | -5.19 ▼139.2% | -2.17 |
| Div Payout | 5.0% ▲66.7% | 3.0% | 0.0% | 0.0% ▼100.0% | 5.0% ▲0.0% | 5.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Liabilities | ||||||||||
| Equity Capital | ₹19 Cr ▲0.0% | ₹19 Cr ▲5.6% | ₹18 Cr ▲0.0% | ₹18 Cr ▲0.0% | ₹18 Cr ▲5.9% | ₹17 Cr ▲0.0% | ₹17 Cr ▲0.0% | ₹17 Cr ▲0.0% | ₹17 Cr ▲0.0% | ₹17 Cr |
| Reserves | ₹1.6K Cr ▲33.3% | ₹1.2K Cr ▲34.1% | ₹912 Cr ▲41.2% | ₹646 Cr ▲28.4% | ₹503 Cr ▲20.6% | ₹417 Cr ▲26.7% | ₹329 Cr ▲187.0% | ₹-378 Cr ▼481.5% | ₹-65 Cr ▼225.0% | ₹-20 Cr |
| Borrowings | ₹1.4K Cr ▲24.2% | ₹1.2K Cr ▲18.2% | ₹984 Cr ▲29.8% | ₹758 Cr ▲18.6% | ₹639 Cr ▼3.8% | ₹664 Cr ▲50.6% | ₹441 Cr ▲111.0% | ₹209 Cr ▲13.0% | ₹185 Cr ▲28.5% | ₹144 Cr |
| Other Liabilities | ₹1.6K Cr ▲5.2% | ₹1.5K Cr ▲9.2% | ₹1.4K Cr ▼14.1% | ₹1.6K Cr ▲28.7% | ₹1.3K Cr ▲11.4% | ₹1.1K Cr ▲9.9% | ₹1.0K Cr ▼14.1% | ₹1.2K Cr ▲4.8% | ₹1.1K Cr ▼1.3% | ₹1.2K Cr |
| Total Liabilities | ₹4.7K Cr ▲19.5% | ₹3.9K Cr ▲18.7% | ₹3.3K Cr ▲8.6% | ₹3.0K Cr ▲25.8% | ₹2.4K Cr ▲8.6% | ₹2.2K Cr ▲22.7% | ₹1.8K Cr ▲73.2% | ₹1.1K Cr ▼18.3% | ₹1.3K Cr ▼1.5% | ₹1.3K Cr |
| Assets | ||||||||||
| Fixed Assets | ₹1.5K Cr ▲11.1% | ₹1.3K Cr ▲133.8% | ₹577 Cr ▼1.2% | ₹584 Cr ▲8.3% | ₹539 Cr ▲2.3% | ₹527 Cr ▼3.1% | ₹544 Cr ▲114.2% | ₹254 Cr ▼17.5% | ₹308 Cr ▼8.3% | ₹336 Cr |
| CWIP | ₹51 Cr ▼7.3% | ₹55 Cr ▼89.1% | ₹504 Cr ▲92.4% | ₹262 Cr ▲3.1% | ₹254 Cr ▲24.5% | ₹204 Cr ▲277.8% | ₹54 Cr ▲500.0% | ₹9 Cr ▼57.1% | ₹21 Cr ▲320.0% | ₹5 Cr |
| Investments | ₹371 Cr ▲7.8% | ₹344 Cr ▲7.2% | ₹321 Cr ▲11.5% | ₹288 Cr ▲7.5% | ₹268 Cr ▼7.6% | ₹290 Cr ▲5.8% | ₹274 Cr ▲52.2% | ₹180 Cr ▼32.6% | ₹267 Cr ▲9.9% | ₹243 Cr |
| Other Assets | ₹2.8K Cr ▲27.4% | ₹2.2K Cr ▲14.2% | ₹1.9K Cr ▼0.3% | ₹1.9K Cr ▲40.5% | ₹1.4K Cr ▲12.5% | ₹1.2K Cr ▲28.0% | ₹947 Cr ▲55.8% | ₹608 Cr ▼11.8% | ₹689 Cr ▼4.4% | ₹721 Cr |
| Total Assets | ₹4.7K Cr ▲19.5% | ₹3.9K Cr ▲18.7% | ₹3.3K Cr ▲8.6% | ₹3.0K Cr ▲25.8% | ₹2.4K Cr ▲8.6% | ₹2.2K Cr ▲22.7% | ₹1.8K Cr ▲73.2% | ₹1.1K Cr ▼18.3% | ₹1.3K Cr ▼1.5% | ₹1.3K Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹463 Cr ▲146.3% | ₹188 Cr ▲27.0% | ₹148 Cr ▲52.6% | ₹97 Cr ▼14.9% | ₹114 Cr ▲670.0% | ₹-20 Cr ▼225.0% | ₹16 Cr ▲107.4% | ₹-217 Cr ▼1105.6% | ₹-18 Cr ▼125.0% | ₹72 Cr |
| Investing CF | ₹-271 Cr ▲30.9% | ₹-392 Cr ▼43.1% | ₹-274 Cr ▼110.8% | ₹-130 Cr ▼106.3% | ₹-63 Cr ▲62.5% | ₹-168 Cr ▼7.7% | ₹-156 Cr ▼197.5% | ₹160 Cr ▲900.0% | ₹-20 Cr ▲33.3% | ₹-30 Cr |
| Financing CF | ₹14 Cr ▼92.1% | ₹178 Cr ▼6.8% | ₹191 Cr ▲138.8% | ₹80 Cr ▲233.3% | ₹-60 Cr ▼133.0% | ₹182 Cr ▲38.9% | ₹131 Cr ▲92.6% | ₹68 Cr ▲88.9% | ₹36 Cr ▲183.7% | ₹-43 Cr |
| Net Cash Flow | ₹206 Cr ▲924.0% | ₹-25 Cr ▼138.5% | ₹65 Cr ▲38.3% | ₹47 Cr ▲622.2% | ₹-9 Cr ▼80.0% | ₹-5 Cr ▲44.4% | ₹-9 Cr ▼181.8% | ₹11 Cr ▲650.0% | ₹-2 Cr ▼100.0% | ₹-1 Cr |
| Free Cash Flow | ₹184 Cr ▲188.5% | ₹-208 Cr ▼66.4% | ₹-125 Cr ▼247.2% | ₹-36 Cr ▼1700.0% | ₹-2 Cr ▲99.0% | ₹-196 Cr ▼6433.3% | ₹-3 Cr ▲98.6% | ₹-221 Cr ▼391.1% | ₹-45 Cr ▼225.0% | ₹36 Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 70d ▼4.1% | 73d ▲97.3% | 37d ▼62.2% | 98d ▲10.1% | 89d ▼3.3% | 92d ▼54.5% | 202d ▲231.1% | 61d ▼35.8% | 95d ▼7.8% | 103d |
| Inventory Days | 153d ▼69.8% | 506d ▲29.7% | 390d ▼7.1% | 420d ▼7.3% | 453d ▲24.5% | 364d ▼31.6% | 532d ▲135.4% | 226d ▼20.7% | 285d ▼13.4% | 329d |
| Days Payable | 245d ▼48.6% | 477d ▲14.9% | 415d ▲15.3% | 360d ▼7.0% | 387d ▼16.1% | 461d ▲40.5% | 328d ▲95.2% | 168d ▼10.2% | 187d ▼29.4% | 265d |
| Cash Conv. Cycle | -22d ▼121.4% | 103d ▲758.3% | 12d ▼92.4% | 158d ▲2.6% | 154d ▲3180.0% | -5d ▼101.2% | 406d ▲238.3% | 120d ▼37.8% | 193d ▲16.3% | 166d |
| Working Capital Days | 25d ▼30.6% | 36d ▲71.4% | 21d ▼67.7% | 65d ▲85.7% | 35d ▲0.0% | 35d ▲209.4% | -32d ▲92.1% | -405d ▼89.3% | -214d ▲19.5% | -266d |
| ROCE | 21.0% ▲10.5% | 19.0% ▲11.8% | 17.0% ▲6.3% | 16.0% ▲33.3% | 12.0% ▼25.0% | 16.0% ▲214.3% | -14.0% ▲66.7% | -42.0% | 0.0% ▼100.0% | 10.0% |
Source: Screener.in · Lower days = better efficiency
About Ashapura Minechem Limited
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]
Metals & Mining · Minerals & Mining