



Metals & Mining | Small Cap
Ashapura Minechem Ltd demonstrates mixed financial performance. The company shows strong growth in revenue, operating profit, and earnings per share, alongside a solid asset growth rate. It maintains a healthy solvency position with a high equity ratio. However, liquidity is very weak, with near-zero current, quick, and cash ratios, suggesting potential difficulties in meeting short-term obligations. Efficiency ratios are also low, indicating poor asset utilization. While profitability is supported by good gross profit margins and return on capital employed, the company's returns on equity and net margins are notably absent. Overall, the company's financial health is a mix of strengths in growth and solvency, offset by significant weaknesses in liquidity and efficiency.
Ashapura Minechem Ltd demonstrates mixed financial performance. The company shows strong growth in revenue, operating profit, and earnings per share, alongside a solid asset growth rate. It maintains a healthy solvency position with a high equity ratio. However, liquidity is very weak, with near-zero current, quick, and cash ratios, suggesting potential difficulties in meeting short-term obligations. Efficiency ratios are also low, indicating poor asset utilization. While profitability is supported by good gross profit margins and return on capital employed, the company's returns on equity and net margins are notably absent. Overall, the company's financial health is a mix of strengths in growth and solvency, offset by significant weaknesses in liquidity and efficiency.
Overall Valuation Score
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Markets Today NSE
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Avg Price
0.00
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Last Traded Quantity
0
Last Traded Time
N/A
Price Movement Indicator
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P/E RATIO (TTM)
34.31
Industry Median
14.03
Small Cap Median
14.83
P/E RATIO
13.22
P/B RATIO
3.21
Industry Median
2.76
Small Cap Median
3.00
P/S RATIO
0.99
Industry Median
2.33
Small Cap Median
3.54
Others
PEG RATIO
0.00
EV/EBITDA RATIO
8.47
The Calculations Shown Above Are Based on the Last Traded Price (LTP) of ₹555.5 as on Sep 1, 2026.
The company demonstrates strong growth, particularly in revenue, operating profit, and earnings per share. Asset growth also shows a positive trend. However, net income growth remains absent, indicating potential issues in translating revenue growth into net profits. These mixed signals suggest that while top-line growth is robust, bottom-line performance needs attention to ensure sustainable expansion.
| Growth Ratios | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue Growth Rate | 11.32 | 43.27 | 44.95 | 3.2 | 91.2 |
| Operating Profit Growth Rate | -16.39 | 74.51 | 41.57 | 49.6 | 47.21 |
| Earnings Per Share (EPS) Growth | -5.96 | 35.2 | 145.27 | -1.28 | 35.68 |
| Asset Growth Rate | 8.55 | 25.08 | 9.2 | 18.73 | 19.51 |
| Net Income Growth Rate | 0 | 26.44 | 156.36 | 2.48 | 43.94 |
Revenue Growth Rate
Operating Profit Growth Rate
Earnings Per Share (EPS) Growth
Asset Growth Rate
Net Income Growth Rate
Peer Comparison empowers investors to evaluate a company against its industry peers using key financial metrics like P/E ratio, EPS, and profit margins. It helps identify whether a company is overvalued, undervalued, or performing in line with competitors. Investors can use this data to spot opportunities, assess risks, and make informed decisions. This contextual view adds depth beyond standalone company analysis.
| NO | Company Name | Health Score | P/E Ratio | Valuation | OPM | EPS | Latest Profit & Loss |
|---|---|---|---|---|---|---|---|
| 1 | Sandur Manganese & Iron Ores Ltd | 8.37 | 14.83 | Neutral | 1209.00 | 11.17 | 658.00 |
| 2 | MOIL Ltd | 8.08 | 23.94 | Neutral | 137.00 | 13.15 | 74.00 |
| 3 | Ashapura Minechem Ltd | 6.58 | 13.22 | Neutral | 555.00 | 16.19 | 416.00 |
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Overall Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Neutral
Market Sentiment
Analysis Driven By 26 Technical Indicators From The 1 Hour Timeframe
Trend Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Neutral
Momentum Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bearish
Volatility Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bullish
Volume Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Neutral
Analyzing moving average trends and crossovers. Green/Red badges indicate if the current condition passes or fails.
Comparing stock price performance (normalized) against benchmark indices over time.
Recent daily trading volume represented as a bar chart, alongside historical averages.
Current closing price relative to the 52-week highest and lowest prices.
Quarterly Report⬤5th Feb 26
Quarterly Financial Results Q3 FY 2025-26
NEUTRAL SENTIMENT
No Stock News Available at This Moment.
Ashapura Minechem Ltd. is a leading Indian mineral conglomerate, primarily engaged in the mining, processing, and export of industrial minerals like Bentonite, Bauxite, and Kaolin. With a global presence, it offers comprehensive mineral solutions for diverse industries including oil & gas, infrastructure, and ceramics, holding a significant market position in its core mineral offerings.
P/E Ratio (TTM): Price to Earnings ratio shows how much an investor pays for every rupee of the company's earnings. Ashapura Minechem Ltd's P/E ratio (TTM) is 34.31, compared to the industry median of 14.03 and large cap median of 14.83.
P/B Ratio: Price to Book ratio compares a company's market price to its book value per share. Ashapura Minechem Ltd's P/B ratio is 3.21, compared to the industry median of 2.76 and large cap median of 3.00.
P/S Ratio: Price to Sales ratio compares a company's market value to its total revenue. Ashapura Minechem Ltd's P/S ratio is 0.99, compared to the industry median of 2.33 and large cap median of 3.54.
PEG Ratio: PEG ratio adjusts the P/E ratio for expected earnings growth. Ashapura Minechem Ltd's PEG ratio is N/A.
EV/EBITDA Ratio: This ratio compares a company's enterprise value to its earnings before interest, tax, depreciation, and amortization. Ashapura Minechem Ltd's EV/EBITDA ratio is 8.47.
Return on Equity (ROE): ROE measures how much profit a company generates from shareholders' invested capital. Ashapura Minechem Ltd's ROE is 25.23%.
Return on Assets (ROA): ROA measures how efficiently a company converts its assets into net profit. Ashapura Minechem Ltd's ROA is 11.81%.
Return on Capital Employed (ROCE): ROCE measures how efficiently a company generates profit from all the capital it employs. Ashapura Minechem Ltd's ROCE is 21%.
Operating Margin: Operating margin shows what percentage of revenue remains after covering operating expenses. Ashapura Minechem Ltd's operating margin is 10.60%.
Net Margin: Net margin shows what percentage of revenue converts into final net profit. Ashapura Minechem Ltd's net margin is 7.94%.
Current Ratio: The current ratio measures a company's ability to pay short-term liabilities using short-term assets. Ashapura Minechem Ltd's current ratio is 1.37.
Debt to Equity Ratio: This ratio shows the proportion of debt a company uses relative to shareholders' equity. Ashapura Minechem Ltd's debt-to-equity ratio is 0.61.
Interest Coverage Ratio: This ratio shows how easily a company can pay interest on its outstanding debt from its operating earnings. Ashapura Minechem Ltd's interest coverage ratio is 4.77.
Dividend Per Share (DPS): DPS shows the total dividend paid per share in the latest financial year. Ashapura Minechem Ltd's DPS is ₹0.
Earnings Per Share (EPS): EPS shows how much profit is allocated to each outstanding share. Ashapura Minechem Ltd's EPS is 35.68.
(Source line: "Ratios as of 23 Oct 2026, based on last traded price of ₹555.50. Data sourced from BSE/NSE Exchange Filings & Public Terminal Data.")
Founded: 1960
Headquarters: Mumbai, Maharashtra
Core Offerings: Bentonite, Bauxite, Kaolin, Bleaching Earth, Attapulgite
Stock Listing: NSE (ASHAPURMIN), BSE (527001)
Promoter: Shah Family / Ashapura Group
1960: Incorporated as Ashapura Minechem Private Limited. 1964: Started operations with mining of Bentonite and Bauxite in Kutch, Gujarat. 1982: Converted to a Public Limited Company. 1990s: Expanded into processing and value-added products. 2000s onwards: Diversified product portfolio, established international subsidiaries/joint ventures, and became a significant global player in industrial minerals, particularly Bentonite.
| Segment Name | Revenue % | EBITDA |
|---|---|---|
| Industrial Minerals (Bentonite, Bauxite, Kaolin) | Almost 100% | Operating Profit |
Industrial Minerals: Engaged in the mining, processing, and export of a wide range of industrial minerals, including Bentonite, Bauxite, Kaolin, and Bleaching Earth.
Mining & Processing: Operates extensive mining leases primarily in Gujarat, India, coupled with state-of-the-art processing plants to produce various grades of minerals for diverse applications.
Value-Added Products: Focuses on producing value-added mineral products catering to industries such as oil drilling, foundry, construction, ceramics, paper, and animal feed, with significant international exports.
Mr. Chetan Shah: Chairman & Managing Director. A veteran in the mining and minerals industry with over five decades of experience, he has been instrumental in the company's growth and global expansion, steering it to become a prominent player in industrial minerals.
Ashapura Industrial Minerals Private Limited
Ashapura International Ltd. (Mauritius)
Ashapura Volclay Ltd. (JV with Minerals Technologies Inc.)
Ashapura Carbon GmbH (Germany)
PT Ashapura Minechem (Indonesia)
Ashapura Global Limited (UAE)
Ashapura Infrapal Private Limited
Ashapura Resources Private Limited
Notable Bonus Issue: 1:1 in August 2021.
The Ashapura Minechem Ltd share price today is ₹555.50 on NSE (ASHAPURMIN), as of 24 Oct 2026.
As of 23 Oct 2026, Ashapura Minechem Ltd share price is ₹555.50, with previous close ₹555.50. Today's range is ₹555.50 to ₹555.50. The 52-week range is ₹411.50 to ₹924.90.
As of today, Ashapura Minechem Ltd's market cap is ₹5,199.48 crore (Mid Cap).
Ashapura Minechem Ltd's current P/E ratio is 34.31, compared to the METALS & MINING sector average of 18.
Ashapura Minechem Ltd's current P/B ratio is 3.21.
Ashapura Minechem Ltd's current dividend yield is N/A. Last dividend of ₹0.50 per share was declared on 29-May-2024.
Ashapura Minechem Ltd's EPS (TTM) is ₹35.68.
Ashapura Minechem Ltd. is a leading Indian mineral conglomerate, primarily engaged in the mining, processing, and export of industrial minerals like Bentonite, Bauxite, and Kaolin. With a global presence, it offers comprehensive mineral solutions for diverse industries including oil & gas, infrastructure, and ceramics, holding a significant market position in its core mineral offerings.
Ashapura Minechem Ltd is promoted by Shah Family / Ashapura Group, holding 48.03% as of 23 Oct 2026.
Ashapura Minechem Ltd is listed on NSE (ASHAPURMIN) and BSE (527001). Its next quarterly results are expected on August 2024.