
Last update at 2026-06-18T09:48:00Z
Source: TradingView
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| 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 |
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 |
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.
Jeeven Udyog Building, Mumbai, India, 400001
| 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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