Ashapura Minechem Limited

Metals & Mining · Minerals & Mining

NSE: ASHAPURMIN BSE: 527001

₹504.15

Sept. 30, 2026 · NSE · nse_bhavcopy

Peers in Minerals & Mining

The largest companies in the same industry by market cap. This company ranks #6 of 14. PE, ROE, 1Y return and scores come from the daily/weekly precomputed snapshot.

Company	Market cap (₹ Cr)	PE (TTM)	ROE	1Y return	Div. yield	Quality	Valuation	Momentum
Lloyds Metals And Energy Limited	106,052	25.1	26.8%	52.4%	0.05%	74	47	68
NMDC Limited	67,293	9.0	21.9%	0.5%	3.27%	89	90	11
Gujarat Mineral Development Corporation Limited	16,145	16.3	13.5%	-18.2%	1.87%	69	83	9
Gravita India Limited	10,683	35.9	15.4%	-7.2%	—	68	41	22
MOIL Limited	4,838	15.9	10.2%	-35.5%	2.24%	79	74	46
Ashapura Minechem Limited (this stock)	4,816	32.2	25.3%	-24.8%	0.40%	83	58	45
The Orissa Minerals Development Company Limited	2,191	—	5.1%	-23.1%	—	32	—	26
20 Microns Limited	757	12.4	13.7%	0.3%	—	67	91	51

Valuation multiples

Current only. Market cap is the whole company's; sales/EBITDA are trailing-twelve-month standalone; debt and cash come from the latest filed standalone balance sheet (March 31, 2026). EBITDA = PBT + interest + depreciation.

Enterprise value

₹4,825 Cr

EV / EBITDA

29.0x

EV / Sales

11.05x

Market cap / Sales

11.03x

Earnings yield

3.11%

Quarterly Financials

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Standalone Consolidated

↑ Positive

Quarterly Revenue

Jun 2026 quarterly revenue is Rs 116 Cr, up 5.5% YoY.

↓ Negative

Quarterly Net Profit

Jun 2026 quarterly net profit is Rs 25 Cr, down 16.8% YoY.

Period end	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)	Basic EPS
June 30, 2026	111	33	25	₹2.5900
March 31, 2026	118	56	41	₹4.3000
Dec. 31, 2025	121	26	19	₹2.0100
Sept. 30, 2025	87	30	65	₹6.7600
June 30, 2025	106	40	30	₹3.1200
March 31, 2025	123	16	20	₹2.1300
Dec. 31, 2024	97	22	26	₹2.7380
Sept. 30, 2024	74	13	14	₹1.5040
June 30, 2024	78	21	24	₹2.6220
March 31, 2024	79	63	68	₹
Dec. 31, 2023	97	35	37	₹4.0320
Sept. 30, 2023	67	18	19	₹2.0700
June 30, 2023	91	36	42	₹4.6190

Quarterly income statement (standalone, ₹ Cr)

Indicator	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Dec 23	Sep 23	Jun 23	Mar 23
Total income (before exceptional items)	116	134	127	101	110	125	103	79	80	101	71	94	57
Operating revenue	111	118	121	87	106	123	97	74	78	97	67	91	47
Other income	5	16	5	14	4	2	6	5	2	4	5	3	10
Operating expenses	77	73	93	65	65	105	78	62	54	68	58	52	41
Operating profit	33	45	28	22	42	18	19	12	23	30	8	39	6
Operating profit margin	30.0%	37.9%	23.4%	25.2%	39.1%	14.6%	19.9%	16.4%	30.0%	30.4%	12.7%	43.2%	12.0%
Depreciation	2	2	2	3	2	2	2	2	3	3	3	3	3
Interest	2	3	3	3	3	1	2	2	2	3	3	4	5
Exceptional items, gain / (loss)	—	—	-2	—	—	—	—	—	—	7	10	0	—
Profit before tax	33	56	26	30	40	16	22	13	21	35	18	36	9
Tax	9	15	7	-35	10	-4	-4	-1	-3	-2	-1	-7	1
Net profit	25	41	19	—	30	—	26	14	24	37	19	42	8
EPS	2.59	4.30	2.01	6.76	3.12	2.13	2.74	1.50	2.62	4.03	2.07	4.62	0.83
Net profit (TTM)	—	—	—	—	—	—	101	94	122	106	71	44	-7
EPS (TTM)	15.66	16.19	14.02	14.75	9.49	8.99	10.90	10.23	13.34	11.55	7.74	4.86	-0.77

Total income excludes exceptional items, which are shown on their own row. Trendlyne and Screener fold exceptional items into revenue or other income, so their totals differ from this table by exactly that row.

Annual Financials

Year ended	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)
March 31, 2026	432	152	155
March 31, 2025	372	72	85
March 31, 2024	333	151	166
March 31, 2023	223	-6	-7

Annual income statement (standalone, ₹ Cr; CAGR to the latest year)

Indicator	CAGR 3Y	CAGR 5Y	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18	Mar 17
Total income (before exceptional items)	21.5%	1.2%	471^†	387^†	—	263^†	625^†	443^†	215^†	345^†	249^†	247^†
Operating revenue	24.7%	0.5%	432	372	333	223	598^†	421^†	206^†	337^†	239^†	235^†
Other income	—	—	39^†	15^†	—	40^†	26^†	22^†	9^†	8^†	10^†	13^†
Operating expenses	—	—	296^†	299^†	—	231^†	591^†	342^†	247^†	361^†	268^†	265^†
Operating profit	—	11.3%	136^†	73^†	—	-8^†	8^†	80^†	-41^†	-24^†	-29^†	-31^†
Operating profit margin	—	—	31.6%^†	19.6%^†	—	-3.6%^†	1.3%^†	18.9%^†	-20.1%^†	-7.2%^†	-12.1%^†	-13.0%^†
Depreciation	—	—	10^†	9^†	—	15^†	20^†	20^†	21^†	23^†	24^†	24^†
Interest	—	—	12^†	7^†	—	22^†	30^†	34^†	14^†	9^†	11^†	9^†
Exceptional items, gain / (loss)	—	—	-2^†	0^†	—	0^†	0^†	19^†	461^†	-26^†	-15^†	0^†
Profit before tax	—	18.2%	152	72	151	-6	-16^†	66^†	393^†	-74^†	-69^†	-59^†
Tax	—	—	-3^†	-13^†	—	—	—	—	—	—	—	—
Net profit	—	22.7%	155	85	166	-7	-16^†	56^†	393^†	-74^†	-69^†	-59^†
EPS	—	20.5%	16.19^†	8.99^†	—	-0.77^†	-1.75^†	6.39^†	45.21^†	—	—	—

^† Derived: the sum of that fiscal year's four quarterly filings (a real annual filing is used wherever one exists). Checked against filed annual figures, the sum lands within 0.5% for about 94% of company-years.

Annual ratios (standalone)

Ratio	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18	Mar 17
Operating margin	31.6%^†	19.6%^†	—	-3.6%^†	1.3%^†	18.9%^†	-20.1%^†	-7.2%^†	-12.1%^†	-13.0%^†
EBIT margin	37.8%^†	21.2%^†	—	7.4%^†	2.4%^†	23.8%^†	197.7%^†	-19.2%^†	-24.3%^†	-21.1%^†
PBT margin	35.2%	19.3%	45.3%	-2.6%	-2.6%^†	15.6%^†	191.1%^†	-22.0%^†	-28.7%^†	-25.1%^†
Net margin	35.8%	22.8%	50.0%	-3.1%	-2.6%^†	13.2%^†	191.1%^†	-22.0%^†	-28.7%^†	-25.1%^†
Interest coverage	14.06x^†	11.15x^†	—	0.74x^†	0.48x^†	2.91x^†	29.84x^†	-6.86x^†	-5.46x^†	-5.26x^†
Dividend payout	6.2%^†	0.0%^†	—	—	—	0.0%^†	0.0%^†	—	—	—
Earnings retention	93.8%^†	100.0%^†	—	—	—	100.0%^†	100.0%^†	—	—	—
Current ratio	3.69x	2.62x	—	—	—	—	—	—	—	—
Quick ratio	3.10x	2.13x	—	—	—	—	—	—	—	—
Debt to equity	0.12x	0.25x	—	—	—	—	—	—	—	—
Return on equity	33.8%	27.0%	—	—	—	—	—	—	—	—
Return on assets	19.9%	11.9%	—	—	—	—	—	—	—	—
Return on capital employed	26.0%^†	15.0%^†	—	—	—	—	—	—	—	—
Asset turnover	0.56x	0.52x	—	—	—	—	—	—	—	—

Margins and asset turnover use operating revenue (interest earned for banks, excluding other income), not total income. Liquidity, leverage and return ratios need a filed standalone balance sheet, which exists only for recent years; returns use year-end equity/assets. Dividend payout is shown only for companies with a dividend record. † = built from a summed fiscal year.

Revenue Mix

Data unavailable.

Cash Flow

Year ended	Operating (₹ Cr)	Investing (₹ Cr)	Financing (₹ Cr)	Capex (₹ Cr)	Free Cash Flow (₹ Cr)
March 31, 2026	75	-5	-43	10	65
March 31, 2025	-46	-2	54	8	-55
March 31, 2024	-13	33	-27	9	-21
March 31, 2023	42	1	-27	4	38
March 31, 2022	41	-2	-41	5	36

Balance Sheet (standalone)

Year ended	Total Assets (₹ Cr)	Total Equity (₹ Cr)	Reserves (₹ Cr)	Borrowings, Current (₹ Cr)	Borrowings, Non-current (₹ Cr)	Current Assets (₹ Cr)	Current Liabilities (₹ Cr)	Cash & Equivalents (₹ Cr)	Net Block (₹ Cr)	Inventory (₹ Cr)
March 31, 2026	777	458	439	0	56	547	148	46	92	87
March 31, 2025	709	313	294	0	77	480	183	19	93	90
March 31, 2024	—	—	—	—	—	—	—	—	—	—
March 31, 2023	—	—	—	—	—	—	—	—	—	—
March 31, 2022	—	—	—	—	—	—	—	—	—	—

Financial charts

Trend charts drawn from the standalone income-statement and ratio tables above (oldest year on the left); a gap means that period has no figure. Annual years marked † in the tables are derived from four quarters.