ASHAPURA MINECHEM LTD (ASHAPURMIN) financials

ASHAPURA MINECHEM LTD (ASHAPURMIN) NSE/BSE financials on Fincrux: quarterly results, profit and loss, cash flow, balance sheet, ratios, and shareholding.

Incorporated on 19th February 1982, Ashapura Minechem Ltd. is engaged in the mining, manufacturing and trading of various minerals and its derivative products. The company offers multi-mineral solutions across several industries from soaps to steel, energy to edible oils, metal to medicine and cement to ceramics. The company has its network of operations pan-India and in 7 other countries.[1][2]

Market Cap: ₹4,436Cr.
Current Price: ₹464
Stock P/E: 29.4
ROE: 40.6%
ROCE: 36.7%
Book Value: ₹47.9
Dividend Yield: 0.43%
52W High / Low: ₹925/455

In Jun 2026, ASHAPURA MINECHEM LTD (ASHAPURMIN) reported sales ₹111 Cr and net profit ₹25 Cr.

Annual TTM: sales ₹437 Cr, net profit ₹150 Cr.

Shareholding: Promoters 48.09% (Sep 2026), FIIs 19.19% (Sep 2026), DIIs 0.31% (Sep 2026), Public 32.42% (Sep 2026), No. of Shareholders 46,820% (Sep 2026).

ASHAPURMIN quarterly results (₹ Cr.)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	74	97	123	106	87	121	118	111
Expenses	62	78	105	65	65	93	73	77
Operating Profit	12	19	18	42	22	28	45	33
OPM %	16%	20%	15%	39%	25%	23%	38%	30%
Other Income	5	6	2	4	14	4	16	5
Interest	2	2	1	3	3	3	3	2
Depreciation	2	2	2	2	3	2	2	2
Profit before tax	13	22	16	40	30	26	56	33
Tax %	-11%	-20%	-23%	25%	-116%	27%	26%	26%
Net Profit	14	26	20	30	65	19	41	25
EPS in Rs	1.49	2.73	2.13	3.12	6.76	2.01	4.30	2.59
Raw PDF	—	—	—	—	—	—	—	—

ASHAPURMIN profit and loss (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	206	421	598	223	333	372	432	437
Expenses	242	341	590	228	245	298	295	309
Operating Profit	-37	80	8	-6	88	73	137	128
OPM %	-18%	19%	1.3%	-2.5%	26%	20%	32%	29%
Other Income	465	41	26	38	88	15	36	38
Interest	14	35	30	23	15	7	12	11
Depreciation	21	20	20	15	10	9	10	10
Profit before tax	393	66	-16	-6	151	72	152	146
Tax %	0%	16%	0%	20%	-10%	-18%	-2%	—
Net Profit	393	56	-16	-7	166	85	155	150
EPS in Rs	45.22	6.40	-1.71	-0.77	18.19	8.85	16.19	15.66
Dividend Payout %	0%	8%	-29%	0%	0%	11%	19%	—

ASHAPURMIN balance sheet (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	17	17	17	18	18	18	19	19
Reserves	-419	-21	34	18	16	181	294	439
Borrowings	45	93	86	68	55	45	78	56
Other Liabilities	951	497	545	541	496	317	319	264
Total Liabilities	595	587	682	646	586	561	709	777
Fixed Assets	197	181	164	148	126	114	112	111
CWIP	7	3	1	3	2	6	7	8
Investments	31	44	44	40	40	40	40	40
Other Assets	360	358	474	456	418	402	551	619
Total Assets	595	587	682	646	586	561	709	777

ASHAPURMIN cash flows (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	17	-1	40	41	38	-13	-34	75
Cash from Investing Activity	15	-15	4	-2	1	33	-14	-5
Cash from Financing Activity	-20	15	-51	-41	-27	-27	54	-43
Net Cash Flow	12	-1	-7	-2	12	-7	5	27
Free Cash Flow	15	-5	39	37	34	14	-42	65
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit	-6%	-1%	53%	580%	-739%	-11%	-51%	54%

ASHAPURMIN shareholding pattern (%)
Category	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters	47.70%	47.76%	47.76%	47.79%	47.88%	48.03%	48.04%	48.09%
FIIs	16.00%	16.56%	16.42%	18.02%	19.25%	19.50%	19.22%	19.19%
DIIs	0.14%	0.38%	0.26%	0.35%	0.38%	0.33%	0.40%	0.31%
Public	36.14%	35.31%	35.57%	33.83%	32.49%	32.13%	32.34%	32.42%
No. of Shareholders	30,705	32,289	33,267	36,096	39,757	43,255	47,193	46,820

ASHAPURMIN key ratios
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	77	196	185	94	192	143	241	269
Inventory Days	309	391	255	135	542	396	273	303
Days Payable	157	183	253	125	265	256	215	173
Cash Conversion Cycle	229	404	187	104	468	283	300	400
Working Capital Days	-730	178	109	28	183	159	264	288
ROCE %	—	—	72%	12%	20%	54%	25%	37%

ASHAPURMINUpdated 18 Oct 2026, 5:06

Ashapura Minechem Ltd

ASHAPURMINUpdated 18 Oct 2026, 5:06

Market Cap

₹4,436Cr.

Current Price

₹464

High / Low

₹925/455

Stock P/E

29.4

ROE40.6%

ROCE36.7%

Book Value₹47.9

Face Value₹2.00

Dividend Yield0.43%

About

Quarterly results

Last reported quarters₹ Cr.

Quarter	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Jun 2023	91	4	52	4	3	36	-18	42	4.62
Sep 2023	67	3	58	15	3	18	-7	19	2.07
Dec 2023	97	3	68	11	3	35	-6	37	4.03
Mar 2024	79	3	68	58	3	63	-9	68	7.47
Jun 2024	78	2	54	2	3	21	-16	24	2.62
Sep 2024	74	2	62	5	2	13	-11	14	1.49
Dec 2024	97	2	78	6	2	22	-20	26	2.73
Mar 2025	123	1	105	2	2	16	-23	20	2.13
Jun 2025	106	3	65	4	2	40	25	30	3.12
Sep 2025	87	3	65	14	3	30	-116	65	6.76
Dec 2025	121	3	93	4	2	26	27	19	2.01
Mar 2026	118	3	73	16	2	56	26	41	4.3
Jun 2026	111	2	77	5	2	33	26	25	2.59

Profit & loss

Annual statement₹ Cr.

Year	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Mar 2015	749	10	626	-222	16	-124	0	-124	-14.25
Mar 2016	592	9	520	22	20	65	0	65	7.44
Mar 2017	236	10	272	12	24	-59	0	-59	-6.78
Mar 2018	239	11	268	-5	24	-69	0	-69	-7.9
Mar 2019	337	10	630	250	23	-74	0	-74	-8.54
Mar 2020	206	14	242	465	21	393	0	393	45.22
Mar 2021	421	35	341	41	20	66	16	56	6.4
Mar 2022	598	30	590	26	20	-16	0	-16	-1.71
Mar 2023	223	23	228	38	15	-6	20	-7	-0.77
Mar 2024	333	15	245	88	10	151	-10	166	18.19
Mar 2025	372	7	298	15	9	72	-18	85	8.85
Mar 2026	432	12	295	36	10	152	-2	155	16.19
TTM	437	11	309	38	10	146	—	150	15.66

Shareholding pattern

As of Sep 2026%

Holder	Share
Promoters	48.09%
FIIs	19.19%
DIIs	0.31%
Public	32.42%

Shareholding trend

Ownership over time%

Quarter	Promoters	FIIs	DIIs	Public
Dec 2023	45.33%	17.56%	0.18%	36.92%
Mar 2024	45.39%	17.24%	0.48%	36.89%
Jun 2024	45.39%	16.45%	0.45%	37.71%
Sep 2024	47.7%	15.72%	0.13%	36.44%
Dec 2024	47.7%	16%	0.14%	36.14%
Mar 2025	47.76%	16.56%	0.38%	35.31%
Jun 2025	47.76%	16.42%	0.26%	35.57%
Sep 2025	47.79%	18.02%	0.35%	33.83%
Dec 2025	47.88%	19.25%	0.38%	32.49%
Mar 2026	48.03%	19.5%	0.33%	32.13%
Jun 2026	48.04%	19.22%	0.4%	32.34%
Sep 2026	48.09%	19.19%	0.31%	32.42%

Balance sheet

Assets & liabilities₹ Cr.

Period	Equity Capital	Reserves	Borrowings	Other Liabilities	Total Liabilities	Fixed Assets	CWIP	Investments	Other Assets	Total Assets
Mar 2015	17	-288	92	888	710	142	9	39	520	710
Mar 2016	17	-223	78	920	792	189	49	39	515	792
Mar 2017	17	-276	67	891	699	234	2	44	418	699
Mar 2018	17	-344	58	904	636	218	5	44	369	636
Mar 2019	17	-419	45	951	595	197	7	31	360	595
Mar 2020	17	-21	93	497	587	181	3	44	358	587
Mar 2021	17	34	86	545	682	164	1	44	474	682
Mar 2022	18	18	68	541	646	148	3	40	456	646
Mar 2023	18	16	55	496	586	126	2	40	418	586
Mar 2024	18	181	45	317	561	114	6	40	402	561
Mar 2025	19	294	78	319	709	112	7	40	551	709
Mar 2026	19	439	56	264	777	111	8	40	619	777

Cash flows

Operating, investing & financing₹ Cr.

Period	Operating	Investing	Financing	Net cash flow
Mar 2015	52	-20	-29	3
Mar 2016	146	-102	-48	-3
Mar 2017	16	-14	-8	-6
Mar 2018	-46	-5	50	0
Mar 2019	17	15	-20	12
Mar 2020	-1	-15	15	-1
Mar 2021	40	4	-51	-7
Mar 2022	41	-2	-41	-2
Mar 2023	38	1	-27	12
Mar 2024	-13	33	-27	-7
Mar 2025	-34	-14	54	5
Mar 2026	75	-5	-43	27

Key ratios

Historical financial ratios

Category	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	97	114	214	109	77	196	185	94	192	143	241	269
Inventory Days	287	282	259	403	309	391	255	135	542	396	273	303
Days Payable	137	219	149	126	157	183	253	125	265	256	215	173
Cash Conversion Cycle	247	177	324	387	229	404	187	104	468	283	300	400
Working Capital Days	-273	-346	-950	-716	-730	178	109	28	183	159	264	288
ROCE %	—	—	—	—	—	—	72%	12%	20%	54%	25%	37%

Frequently asked questions

Quick answers about this company's financials on Fincrux

What is the market cap of ASHAPURA MINECHEM LTD (ASHAPURMIN)?

The reported market capitalisation for ASHAPURA MINECHEM LTD (ASHAPURMIN) is ₹4,436Cr. on Fincrux. Figures may update with market data and filings.

What is the current share price of ASHAPURMIN?

The current price shown for ASHAPURA MINECHEM LTD (ASHAPURMIN) on Fincrux is ₹464 with a 52-week high/low of ₹925/455.

What is the P/E ratio of ASHAPURA MINECHEM LTD (ASHAPURMIN)?

The stock P/E for ASHAPURA MINECHEM LTD (ASHAPURMIN) is 29.4 on Fincrux, with ROE at 40.6% and ROCE at 36.7%.

What were ASHAPURMIN latest quarterly results?

For Jun 2026, ASHAPURA MINECHEM LTD (ASHAPURMIN) reported sales ₹111 Cr and net profit ₹25 Cr (figures in ₹ crore unless noted).

What are ASHAPURMIN annual sales and net profit?

For TTM, ASHAPURA MINECHEM LTD (ASHAPURMIN) shows sales of ₹437 Cr and net profit of ₹150 Cr on the Fincrux profit & loss statement.

Who owns ASHAPURA MINECHEM LTD (ASHAPURMIN)?

Latest shareholding for ASHAPURA MINECHEM LTD (ASHAPURMIN) on Fincrux: Promoters 48.09% (Sep 2026), FIIs 19.19% (Sep 2026), DIIs 0.31% (Sep 2026), Public 32.42% (Sep 2026), No. of Shareholders 46,820% (Sep 2026).

Where can I find ASHAPURA MINECHEM LTD (ASHAPURMIN) financials?

ASHAPURA MINECHEM LTD (ASHAPURMIN) financials on Fincrux include quarterly results, profit and loss, cash flow, balance sheet, key ratios, and shareholding patterns for NSE/BSE research.

Does Fincrux show ASHAPURMIN balance sheet and cash flow?

Yes. The ASHAPURA MINECHEM LTD (ASHAPURMIN) page on Fincrux includes balance sheet, cash flow statements, historical ratios, and ownership trends alongside quarterly and annual results.

Figures in ₹ crore unless noted. Data sourced for research and may lag filings.

Last updated 18 October 2026 at 5:06