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NSE:ASHAPURMIN

ASHAPURA MINECHEM LTD

Metals & Mining › Minerals & Mining·NIFTY MICROCAP 250NIFTY SMALLCAP 500NIFTY TOTAL MARKET
₹428.00
at close · 28 Oct 2026
▲ 2.75 (+0.65%)

Latest filings

  1. RTA confirms dematerialisation of securities for quarter ended September 2026 · Compliance
  2. Ashapura Minechem 45th AGM: Chetan Shah retires, moves to strategy role; 100% dividend declared · Management Changes
  3. Promoter son Manan Shah named Whole Time Director for five years · Management Changes
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Produces and sells industrial minerals, primarily bauxite from mining operations in Guinea and India. Full-year FY26 revenue was ₹5,237.13 crore, with Q4 FY26 alone contributing ₹1,968.6 crore. The Guinea business, run through subsidiaries Minex and SGMF, drove growth with bauxite volumes of 3.16 MMT in Q4, up from 1.39 MMT in the previous quarter. India operations, on a standalone basis, also generate revenue but faced margin pressure from rising input costs and an unfavourable sales mix. Operations span India, the UAE (via subsidiary AHUF) and Guinea. Materials accounted for 23.0% of revenue, other operating expenses 60.1%, depreciation 2.5% and employee cost 2.7%. EBITDA margin for FY26 was 12.78%.

Operating scale
Guinea bauxite volume
3.16 MMTQ4 FY26
Q4 FY26 revenue
₹1,968.6 croreQ4 FY26
FY26 EBITDA
₹673.6 croreFY26
Q4 revenue growth
105% QoQQ4 FY26
Capex share of revenue
5.3%FY26
Total assets
₹4,698.08 croreFY26
Who pays it
Industrial mineral buyers served through Guinea, India and UAE entities
Biggest cost
Other operating expenses at 60.1% of revenue, including ocean freight and fuel costs
Kind of business
Cyclical, asset-heavy industrial minerals mining with export exposure
Where it sits
Operates bauxite mining in Guinea via subsidiaries Minex and SGMF, alongside India and UAE entities
Market Cap
₹4,090 Cr
P / E (TTM)
10.1×
EV / EBITDA
7.8×
Div Yield
0.23%
Growth
35.5%▲
Revenue 5y CAGR
PAT +36.6% · EBITDA +27.9%
Quality
16.5%▲
ROCE (5y median)
ROE 23.6% (5y median) · margin 12.8%
Leverage
0.88·
Debt / Equity · moderate
Net debt ₹1,128 Cr
Revenue FY21→FY26
4.6×▲
Margin +0.3 pts
₹1,148 Cr → ₹5,237 Cr
Cash conversion
0.84×·
Operating cash ÷ profit · 5 yrs
₹989 Cr on ₹1,184 Cr
Moves on a normal day
1.83%·
Median daily move
Last 267 sessions · the yardstick for filing-day moves
Where it sits among 13 Industrial Minerals peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#4/9
P/B#10/13
ROCE#7/14
ROE#2/13
Debt / Equity#11/13
EBITDA margin#8/13
Revenue growth#7/13
Profit growth#11/14

Scorecard

Measured from the filed financials, judged against its Industrial Minerals peers · as of FY26 — not investment advice

Strengths
Revenue compounding 36% a year over 5 years
Profit compounding 37% a year over 5 years
Returns on capital 16.5% (5-year median)
#7 of 14 in Industrial Minerals on the latest reported figures · up from 12.0% in FY21
Concerns
Carries more debt than its peers — 0.88× equity
higher than 83% of its 13 Industrial Minerals peers

Charts

How has the market priced it — with filings on the timeline?

ASHAPURMIN · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from ASHAPURA MINECHEM LTD's filed financials and exchange disclosures

What does ASHAPURA MINECHEM LTD do?

ASHAPURA MINECHEM LTD is a Minerals & Mining company listed on NSE and BSE, trading under the symbol ASHAPURMIN.

Is ASHAPURA MINECHEM LTD profitable?

Yes. Over the trailing twelve months ASHAPURA MINECHEM LTD reported a net profit of ₹411 Cr on revenue of ₹5,498 Cr.

Does ASHAPURA MINECHEM LTD pay a dividend?

Yes. The dividend yield is 0.23% at the current price. It paid out 2% of its profit as dividend in FY26.

Is ASHAPURA MINECHEM LTD debt-free?

No. It reported borrowings of ₹1,444 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹1,128 Cr after cash. Debt stands at 0.88× equity. That is higher than 83% of its 13 Industrial Minerals peers.

Is ASHAPURA MINECHEM LTD expensive compared with its peers?

On trailing P/E, ASHAPURA MINECHEM LTD ranks 4 of 9 in Industrial Minerals — cheaper than 63% of them, against an industry median of 14.5×. This is a position, not a valuation judgement.

How much does the ASHAPURA MINECHEM LTD share price move in a day?

On a typical session ASHAPURA MINECHEM LTD moves 1.83% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

Where can I track ASHAPURA MINECHEM LTD's announcements?

Every NSE and BSE filing by ASHAPURA MINECHEM LTD appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.