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Ashapura Minechem Limited

Basic Materials IN ASHAPURMIN

712.65INR
4.95(0.70%)

Last update at 2026-06-18T09:48:00Z

Day Range

707.00726.95
LowHigh

52 Week Range

301.11924.90
LowHigh

Fundamentals

  • Previous Close 707.70
  • Market Cap82410.36M
  • Volume445327
  • P/E Ratio20.60
  • Dividend Yield-%
  • EBITDA5774.65M
  • Revenue TTM37287.54M
  • Revenue Per Share TTM390.38
  • Gross Profit TTM 29084.73M
  • Diluted EPS TTM41.87

Source: TradingView
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Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Type yearly yearly yearly yearly yearly
Date 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Income before tax 3044.69M 3086.74M 1394.62M 977.92M 1101.47M
Minority interest 67.40M 53.04M 72.73M -0.15000M -2.11900M
Net income 2958.13M 2870.03M 1170.06M 865.17M 874.82M
Selling general administrative 1738.52M 830.07M 484.43M 365.72M 641.76M
Selling and marketing expenses 39.86M 14225.29M 6985.65M 4500.85M 4125.29M
Gross profit 19538.26M 18728.42M 10958.17M 9059.83M 5551.33M
Reconciled depreciation 779.84M 786.26M 725.64M 581.28M 449.61M
Ebit 3668.95M 3277.27M 1860.65M 1392.09M 1574.24M
Ebitda 4448.80M 4063.54M 2586.28M 1973.38M 2023.86M
Depreciation and amortization 779.84M 786.26M 725.64M 581.28M 449.61M
Non operating income net other - - - - -
Operating income 2948.53M 1875.68M 1278.24M 482.48M 773.60M
Other operating expenses 24469.28M 24325.52M 16688.24M 4843.51M 10612.63M
Interest expense 889.23M 697.23M 643.18M 578.64M 599.63M
Tax provision 153.96M 269.75M 297.29M 112.59M 226.63M
Interest income 889.23M 65.32M 643.18M 554.49M 527.28M
Net interest income -889.23100M -697.22800M -643.17800M -554.49000M -527.28400M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 153.96M 269.75M 297.29M 112.59M 226.63M
Total revenue 27389.34M 26201.20M 17966.48M 12778.43M 11386.23M
Total operating expenses 16618.19M 16852.73M 9679.93M 5251.94M 6084.10M
Cost of revenue 7851.09M 7472.78M 7008.31M 3718.60M 5834.90M
Total other income expense net 96.16M 1211.06M 116.38M 495.44M 327.87M
Discontinued operations - - - - -
Net income from continuing ops 2890.73M 2816.99M 1097.34M 865.32M 874.84M
Net income applicable to common shares 2958.13M 2870.03M 1170.06M 865.17M 874.82M
Preferred stock and other adjustments - - - - -
Breakdown 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Type yearly yearly yearly yearly yearly
Date 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Total assets 39305.51M 33106.92M 30496.08M 24243.06M 22333.02M
Intangible assets 1172.72M 892.48M 793.27M 608.84M 3.10M
Earning assets - - - - -
Other current assets 6831.59M 5860.33M 4644.89M -0.00100M 3543.00M
Total liab 27080.44M 23934.19M 23923.79M 19032.72M 17991.88M
Total stockholder equity 12420.21M 9300.47M 6646.99M 5212.31M 4343.27M
Deferred long term liab - - - - -
Other current liab 7852.36M 3348.74M 5806.45M 548.05M 567.34M
Common stock 191.05M 182.97M 182.97M 182.97M 173.97M
Capital stock 191.05M 182.97M 182.97M 182.97M 173.97M
Retained earnings 10156.96M 7048.83M 4178.80M 3065.92M 2246.49M
Other liab - - 3091.09M 2412.25M 2691.18M
Good will 474.39M 474.39M 392.01M 391.43M 406.94M
Other assets - 672.85M 146.21M 756.70M 812.49M
Cash 1093.47M 1346.21M 735.54M 234.27M 354.39M
Cash and equivalents - 58.55M 46.35M 66.22M 354.39M
Total current liabilities 17076.13M 15426.18M 14314.73M 11317.81M 9775.67M
Current deferred revenue - 2135.33M 2896.72M 6140.70M 4426.64M
Net debt 10414.00M 8489.55M 6844.11M 6160.46M 6290.05M
Short term debt 3063.53M 2955.97M 1061.68M 1092.08M 1119.42M
Short long term debt 3037.78M 2942.62M 1051.55M 1073.32M 921.98M
Short long term debt total 11629.06M 9835.76M 7579.65M 6394.73M 6644.44M
Other stockholder equity 2287.74M 2068.67M 2285.22M 1963.42M 1922.80M
Property plant equipment - 9415.64M 7258.30M 6914.41M 6301.85M
Total current assets 21005.03M 18414.71M 18366.18M 12873.73M 11316.36M
Long term investments - - - - -
Net tangible assets - - 5461.71M 4212.04M 3358.61M
Short term investments 25.92M 23.35M 1451.14M 3.04M 3.29M
Net receivables 6510.75M 5901.70M 6219.00M 8500.67M 4524.69M
Long term debt 8561.85M 6873.60M 6510.49M 5289.42M 5522.17M
Inventory 6543.30M 5203.82M 5315.60M 4135.75M 2890.99M
Accounts payable 6160.23M 5556.46M 4549.88M 3536.98M 3662.28M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -215.54900M 160.43M - - -
Additional paid in capital - - - - -
Common stock total equity - - - - -
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 242.72M 223.75M 650.55M 616.13M 703.21M
Deferred long term asset charges - - - - -
Non current assets total 18300.48M 14692.21M 12129.90M 11369.34M 11016.66M
Capital lease obligations 29.43M 19.54M 17.61M 18.75M 14.64M
Long term debt total - 6879.80M 6517.96M 5302.65M 5525.02M
Breakdown 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Type yearly yearly yearly yearly yearly
Date 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Investments -3915.04600M -2741.52200M -1296.85600M 486.09M 36.74M
Change to liabilities - - 886.27M 20.90M 2212.27M
Total cashflows from investing activities -4023.27800M -2741.52500M -1296.85600M -629.40000M -1677.73200M
Net borrowings - - 1190.33M -269.68400M 2222.38M
Total cash from financing activities 2083.97M 1907.22M 795.89M -587.71000M 1824.93M
Change to operating activities - - 1190.99M 1411.08M -2992.71400M
Net income 2958.13M 2816.99M 1097.34M 865.32M 874.84M
Change in cash -210.45100M 646.27M 472.06M -90.90600M -52.62200M
Begin period cash flow 1425.51M 699.94M 263.48M 354.39M 407.01M
End period cash flow 1215.06M 1346.21M 735.54M 263.48M 354.39M
Total cash from operating activities 1686.57M 1480.58M 973.02M 1126.20M -199.81700M
Issuance of capital stock 290.67M 0.00000M 96.92M 107.83M 0.00000M
Depreciation 779.84M 785.67M 725.64M 581.28M 449.61M
Other cashflows from investing activities 92.31M 38.87M 43.02M 44.95M 156.87M
Dividends paid -0.00300M -0.19400M 57.54M 45.08M 45.08M
Change to inventory -1339.48300M 111.78M -1179.85800M -1244.75900M -650.69000M
Change to account receivables -1664.48200M 1712.88M -2308.41400M -269.00300M 34.46M
Sale purchase of stock 290.67M - 851.02M -380.92700M 206.93M
Other cashflows from financing activities 0.00100M -346.77300M -72.72900M 0.15M -400.87300M
Change to netincome - - 488.33M -238.47300M -124.16300M
Capital expenditures 4007.36M 3318.69M 1339.88M 1482.02M 1834.60M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital -1560.82900M -1529.99300M -1411.01100M -81.77900M -1400.08900M
Stock based compensation - - - - -
Other non cash items -490.57600M -592.09000M 561.06M -238.62300M -124.17600M
Free cash flow -2320.79400M -1838.11700M -366.85900M -355.81200M -2034.41700M

Peer Comparison

Sector: Basic Materials Industry: Other Industrial Metals & Mining

Company Change (INR) Price (INR) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
ASHAPURMIN
Ashapura Minechem Limited
4.95 0.70% 712.65 20.60 - 2.21 6.04 2.53 14.67
HINDZINC
Hindustan Zinc Limited
-1.55 0.27% 571.00 23.78 22.47 7.57 19.84 8.35 14.93
VEDL
Vedanta Limited
-0.5 0.16% 306.00 19.79 5.03 1.51 6.05 1.93 6.83
MOIL
MOIL Limited
-0.3 0.10% 296.00 23.54 11.17 4.74 2.83 4.45 15.55
IMFA
Indian Metals & Ferro Alloys Limited
3.30 0.23% 1444.50 21.42 - 2.56 2.73 2.46 11.82

Reports Covered

Stock Research & News

Profile

Ashapura Minechem Limited is involved in the mining, manufacturing, and trading of various minerals and its derivative products in India and internationally. The company provides bauxite, bentonite, kaolin, silica sand, limestone, and gypsum for aluminium, foundry, cosmetics, metal ore, pelletization, construction, and paper applications. It also offers fused alumina, high alumina cement, castables, calcined bauxite, chamotte, mullite, and monoliths for abrasives, refractories, foundries, grinding, and road surfacing. In addition, the company offers ceramic and silica proppants, bentonite, barytes, and attapulgite for use in oil well drilling and hydraulic fracturing; acid activated bleaching clay, activated bauxite, clay catalysts, cat litter, and siliceous earth for bleaching edible oil, petroleum refining, water purification, pet care, and bleaching waste oils; ground calcium carbonate, calcined kaolin, white barytes, and talc for ceramics, glass, paper, paints, plastics, and building products sectors; and atta medigel, ashagel, and organoclay for use in sealants, plasters, polymers, aviation fuel enhancers, and pharmaceutical applications. Further, it offers ball clay, wall care, water proofing, adhesives, and admixture. The company was founded in 1960 and is based in Mumbai, India.

Ashapura Minechem Limited

Jeeven Udyog Building, Mumbai, India, 400001

Key Executives

Name Title Year Born
Mr. Chetan R. Navnitlal Shah Exec. Chairman 1955
Mr. Hemul Shah CEO & Exec. Director 1961
Mr. Ashish Desai Chief Financial Officer NA
Mr. Sachin Polke VP of Group Affairs, Company Sec. & Compliance Officer NA
Mr. Sandeep Deshpande Group Head of HR and Admin. NA
Mr. Chetan Mehra Exec. Officer NA
Mr. Chetan R. Navnitlal Shah Executive Chairman 1955
Mr. Hemul Ramesh Shah CEO & Executive Director 1961
Mr. Ashish Desai Group Chief Financial Officer NA
Mr. Sandeep Deshpande Group Head of Human Resources and Administration NA

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