Ashapura Minechem Limited has informed the Exchange regarding a press release dated May 28, 2026, titled "Ashapura Minechem Limited Results FY 25-26".
ASHAPURMIN · price
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Ashapura Minechem reported strong Q4 FY2025-26 results with Income from Operations of Rs. 1,968.6 crores, up 105% QoQ. For the full year, revenue nearly doubled to Rs. 5,237.1 crores (up 91.2% YoY). Profit Before Tax stood at Rs. 449.1 crores for FY26, up 47.5% YoY. The board recommended 100% final dividend vs 50% last year. The Guinea Bauxite business drove growth with volumes jumping to 3.16 MMT from 1.39 MMT QoQ. However, margins in Guinea were impacted by higher fuel costs and ocean freight due to geo-political unrest. India businesses also faced margin pressure from rising input costs and unfavourable sales mix.
The near-doubling of annual revenue reflects strong operational scale-up, particularly in the Guinea mining business. The doubled dividend signals confidence in cash generation. However, declining EBITDA per tonne in the key Guinea business and margin pressures in India operations may concern cost-conscious investors.