Ashapura Minechem quarterly results and financials

Ashapura Minechem (ASHAPURMIN)₹408.85−3.49%(9 Nov 2026 close)Industrial Minerals

Key facts

In the Jun 2026 quarter (consolidated), Ashapura Minechem reported sales of ₹1,621 Cr, up 19.3% from Jun 2025, and net profit of ₹108 Cr, down 5.2% year on year. For the year to Mar 2026, sales were ₹5,250 Cr and net profit ₹417 Cr.

Sales (Jun 2026): ₹1,621 Cr
Net profit (Jun 2026): ₹108 Cr
Sales (FY Mar 2026): ₹5,250 Cr
Net profit (FY Mar 2026): ₹417 Cr
EPS (Jun 2026): ₹12.06
Borrowings (Mar 2026): ₹1,440 Cr

Company filings, consolidated accounts; latest reported quarter Jun 2026

Ashapura Minechem quarterly results

₹ crore unless stated; each column is a quarter.

Ashapura Minechem Quarterly results
	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	555	714	441	715	606	867	557	1,359	955	962	1,974	1,621
Expenses	524	655	392	627	540	730	471	1,175	822	847	1,840	1,436
Operating Profit	30.07	58.09	48.10	87.24	64.15	135	84.16	182	131	114	128	181
OPM %	6.0%	8.0%	11.0%	12.0%	10.9%	15.9%	14.9%	12.9%	14.0%	12.0%	6.0%	10.9%
Other Income	31.99	38.99	59.03	3.99	9.99	20.01	56.02	12.01	11.99	27.99	87.99	13.99
Interest	12.01	22.01	16.01	17.02	19.02	23.01	30.02	31.04	29.02	24.02	33.99	29.03
Depreciation	18.99	19.99	21.01	17.01	19.99	11.99	29.01	32.02	31.99	34.02	34.98	37.02
Profit before tax	30.92	53.81	69.83	56.79	35.89	119	81.72	132	80.81	84.73	147	130
Tax %	12.0%	15.0%	13.1%	8.0%	−20.0%	10.0%	7.0%	14.0%	−30.0%	10.0%	18.0%	17.1%
Exceptional items	9.01	27.03	47.08	0.00	0.00	0.00	0.00	0.00	0.00	−4.01	0.00	0.00
Net Profit	58.08	54.09	67.08	60.11	43.10	108	79.10	114	106	76.13	121	108
EPS (Rs)	6.50	6.15	7.48	6.50	4.63	11.03	9.06	11.51	10.12	8.81	11.58	12.06

Ashapura Minechem profit and loss

₹ crore unless stated; years end in March. TTM is the last four quarters.

Ashapura Minechem Profit and loss
	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	1,778	835	796	624	335	1,151	1,282	1,834	2,658	2,747	5,250	5,512
Expenses	1,536	794	790	626	380	1,026	1,176	1,653	2,403	2,360	4,679	4,944
Operating Profit	240	39.05	4.01	−4.01	−45.10	122	102	178	253	378	556	555
OPM %	14.0%	4.7%	0.6%	−0.7%	−14.0%	11.0%	8.0%	10.0%	10.0%	13.9%	10.9%	10.1%
Other Income	24.01	25.01	20.01	−265	487	93.07	112	102	211	101	140	142
Interest	22.02	17.01	18.99	20.02	30.99	60.01	57.99	68.01	76.07	96.06	118	116
Depreciation	44.01	48.01	38.99	33.03	28.01	45.02	58.01	73.04	79.04	78.01	133	138
Profit before tax	197	−0.99	−32.89	−321	381	110	97.71	139	308	303	444	442
Tax %	23.0%	1,502.1%	36.0%	2.0%	0.0%	21.0%	12.1%	21.0%	9.0%	5.0%	6.0%	—
Exceptional items	12.01	46.04	−7.01	−285	462	20.02	15.03	−2.01	88.16	1.01	−4.01	−4.01
Net Profit	162	−19.02	−45.05	−328	383	87.18	87.13	110	282	289	417	412
EPS (Rs)	18.65	−2.16	−5.18	−38.04	44.54	10.07	9.47	12.78	31.35	30.98	41.98	42.57
Dividend payout %	0.0%	0.0%	0.0%	0.0%	0.0%	5.0%	5.0%	0.0%	0.0%	3.0%	5.0%	—

Ashapura Minechem balance sheet

₹ crore, at each year end.

Ashapura Minechem Balance sheet
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	17.01	17.02	17.01	17.01	17.01	17.01	17.03	18.01	18.02	18.01	19.01	19.01
Reserves	−163	2.01	−20.07	−65.20	−379	330	419	505	648	915	1,227	1,634
Borrowings	188	204	144	185	209	440	662	638	756	982	1,161	1,440
Other Liabilities	1,093	1,208	1,163	1,148	1,204	1,032	1,133	1,262	1,626	1,396	1,524	1,603
Total Liabilities	1,136	1,430	1,305	1,286	1,051	1,819	2,231	2,423	3,049	3,311	3,932	4,697
Fixed Assets	333	345	336	308	254	544	527	539	583	577	1,349	1,499
CWIP	28.95	110	4.99	20.97	8.99	53.89	204	254	262	504	54.87	50.94
Investments	62.86	146	243	266	180	273	289	267	287	320	344	370
Other Assets	711	829	721	690	608	947	1,212	1,363	1,915	1,911	2,182	2,778
Inventories	208	286	254	246	161	225	290	415	533	521	655	586
Trade receivables	269	296	234	206	104	185	288	310	490	269	546	1,000
Cash & equivalents	58.07	69.02	45.02	42.03	61.04	47.05	44.01	33.03	78.09	145	122	329
Total Assets	1,136	1,430	1,305	1,286	1,051	1,819	2,231	2,423	3,049	3,311	3,932	4,697

Ashapura Minechem cash flow

₹ crore, for each year.

Ashapura Minechem Cash flow
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from operating activity	186	231	72.19	−18.03	−217	16.02	−20.02	114	97.11	148	188	464
Cash from investing activity	−98.16	−208	−30.05	−20.01	160	−156	−168	−63.10	−130	−274	−392	−271
Cash from financing activity	−70.21	−14.05	−43.19	36.12	68.28	132	183	−60.21	80.30	192	179	14.04
Net cash flow	17.99	9.01	−1.01	−1.99	10.99	−9.01	−5.01	−9.01	47.01	64.98	−24.98	206
Capex	110	140	49.11	35.10	9.02	19.04	183	148	134	333	402	280
Free cash flow	82.74	92.68	35.87	−44.88	−220	−2.99	−196	−1.99	−35.87	−125	−207	183
CFO / OP %	78.0%	108.0%	282.0%	−97.0%	4,688.0%	−39.0%	−5.0%	127.0%	65.0%	76.0%	61.0%	87.9%

Ashapura Minechem ratios

Working-capital days and returns, by year.

Ashapura Minechem Ratios
	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	57	62	104	96	62	203	93	90	99	38	74	71
Inventory days	288	270	330	286	227	533	365	454	421	391	507	154
Days payable	267	258	265	187	168	328	461	387	360	415	477	245
Cash conversion cycle	76	72	166	193	120	406	−5	154	158	12	103	−22
Working capital days	−126	−119	−267	−215	−406	−33	34	34	64	20	35	24
ROCE %	211.0%	153.0%	10.0%	0.0%	−42.0%	−14.0%	16.0%	12.0%	16.0%	17.0%	19.0%	21.0%

Ashapura Minechem: frequently asked questions

What are the latest quarterly results of Ashapura Minechem?

For the Jun 2026 quarter, Ashapura Minechem reported sales of ₹1,621 Cr, up 19.3% year on year and net profit of ₹108 Cr, down 5.2% year on year. The operating margin was 10.9%.

What is the annual revenue of Ashapura Minechem?

Ashapura Minechem's sales for the year to Mar 2026 were ₹5,250 Cr; over the last twelve months they were ₹5,512 Cr.

What is the net profit of Ashapura Minechem?

Net profit for the year to Mar 2026 was ₹417 Cr, and ₹412 Cr over the last twelve months. Earnings per share over the same trailing period were ₹42.57.

How much debt does Ashapura Minechem have?

Ashapura Minechem reported borrowings of ₹1,440 Cr at Mar 2026, against cash and equivalents of ₹329 Cr.

What is the free cash flow of Ashapura Minechem?

Cash from operations was ₹464 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹183 Cr.

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