Ashapura Minechem Limited has informed the Exchange that Board of Directors at its meeting held on May 28, 2026, recommended Final Dividend of Rs. 2 per equity share.
ASHAPURMIN · price
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Ashapura Minechem reported strong full-year FY2026 consolidated results. Income from operations nearly doubled to Rs. 5,237.1 crores from Rs. 2,738.9 crores in FY25, representing a 91.2% year-on-year increase. EBITDA grew 51.4% to Rs. 673.6 crores, while Profit Before Tax rose 47.5% to Rs. 449.1 crores. Consolidated PAT for FY26 stood at Rs. 416.47 crores versus Rs. 289.07 crores in the prior year. The Board recommended a final dividend of Rs. 2 per equity share (100% on face value of Rs. 2), doubled from the 50% dividend paid in FY25. The Q4 standalone results also showed robust performance with PAT of Rs. 41.11 crores for the quarter. Auditors issued unmodified opinions on both standalone and consolidated financial results.
The near-doubling of revenue and strong profit growth indicate healthy business momentum. The doubled dividend payout signals management confidence. However, the significant increase in trade receivables (up Rs. 546.82 crores on consolidated basis) warrants monitoring for cash conversion quality.