Ashapura Minechem Ltd

BSE: 527001 NSE: SHAPURMIN
Ashapura Minechem Ltd - metals and minerals in Mumbai, Maharashtra, India. FY 2026 financials and compliance.
CIN L14108MH1982PLC026396 Incorporated 19 February 1982 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Listed - NSE: SHAPURMIN · BSE: 527001 Public Limited Company metals and minerals
Data last updated
Revenue · FY 2026
₹5,237.13 Cr
▲ 91.21% YoY
Computed EBITDA · FY 2026
₹673.61 Cr
▲ 51.41% YoY
Net profit · FY 2026
₹416.47 Cr
▲ 44.07% YoY
Authorised capital
₹90 Cr
Registered with MCA
Paid-up capital
₹19.11 Cr
Issued & subscribed
Open charges
₹2,028.27 Cr
Satisfied ₹226.26 Cr
Company age
44 yrs
Est. 1982
Employees · EPFO
269
Latest available

About Ashapura Minechem Ltd

Data last updated: 30 December 2025

Ashapura Minechem Ltd is a public limited company based in Mumbai, Maharashtra, India. It specialises in other metals and minerals, a part of the broader metals and mining sector. Incorporated on 19 February 1982, the company has been in operation for over 44 years.

Registered with ROC Mumbai under CIN L14108MH1982PLC026396. Listed on BSE: 527001 and NSE: SHAPURMIN.

Capital: an authorised share capital of ₹90 Cr and a paid-up capital of ₹19.11 Cr. Formerly known as Ashapura Minechem Pvt Ltd. It is led by directors including Chetan Navnitlal Shah and Pundarik Sanyal.

Last AGM: 30 September 2024. Financial statements filed for year ended 31 March 2024. Office: Jeevan Udyog Bldg. 3 Rd Floor 278 D. N. Rd Fort, Mumbai, Maharashtra, India – 400001.

As per NSE-filed consolidated financials for FY 2026, the company reported a revenue of ₹5,237.13 Cr, a growth of 91.21% compared to the previous year. The net worth stands at ₹1,644.83 Cr (up 34.55% YoY). Total assets are valued at ₹4,698.08 Cr (up 19.53% YoY).

The company has a workforce of approximately 269 employees as per the latest available data. Its group structure includes 10 subsidiaries.

The company is associated with 1 brand - Ashapura. As per MCA filings, the company has open charges of ₹2,028.27 Cr and satisfied charges of ₹226.26 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ashapura.com.

Company Details of Ashapura Minechem Ltd
CIN L14108MH1982PLC026396
Registration Number 026396
Incorporation Date 19 February 1982
ROC Mumbai
Listing Status Listed (BSE: 527001, NSE: SHAPURMIN)
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Key People
Hemul Ramesh Shah Whole-Time Director Chetan Navnitlal Shah Director Pundarik Sanyal Director
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    ashapura.com
  • Social Media
  • Registered Address
    Jeevan Udyog Bldg. 3 Rd Floor 278 D. N. Rd Fort, Mumbai, Maharashtra, India – 400001
  • Industry
    Metals and Minerals, Other Metals & Minerals
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Ashapura Minechem Ltd - full intelligence report
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Financials, compliance, directors, charges, ownership and filings for Ashapura Minechem Ltd in one report.

10-year financials Directors & ownership Charges & compliance

Associated Brands with Ashapura Minechem Ltd

Ashapura Minechem Ltd operates one associated brand: Ashapura. These brands represent Ashapura Minechem Ltd's diversified market presence and brand portfolio.

Brand Description Website
Ashapura
Multi-mineral solutions are provided to industrial sectors. ashapura.com

Business Activity of Ashapura Minechem Ltd

Ashapura Minechem Ltd is engaged in multiple principal business activities such as trade, manufacturing, and mining and quarrying, with detailed activities including wholesale trading, plastic products, non-metallic mineral products, rubber products, fabricated metal products, other mining & quarrying activities. The company has 3 registered principal business activity segments, demonstrating its operational diversity and market reach.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
G Trade G1 Wholesale Trading Locked
C Manufacturing C8 Plastic products, non-metallic mineral products, rubber products, fabricated metal products Locked
B Mining and quarrying B4 Other Mining & Quarrying Activities Locked
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Business activity turnover details for Ashapura Minechem Ltd

Turnover contribution percentages and historical activity changes require an active report plan.

  • Turnover contribution
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Auditor Details of Ashapura Minechem Ltd

Ashapura Minechem Ltd is audited by PARK AND COMPANY (ICAI peer reviewed, certificate valid till 2028-05-31) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.

Name Financial year Audit opinion
PARK AND COMPANY (ICAI peer reviewed, certificate valid till 2028-05-31) FY 2026 Declaration of unmodified opinion

Board of Directors and KMP of Ashapura Minechem Ltd

Ashapura Minechem Ltd currently reports 6 directors and 1 key managerial person. 18 former directors have served the organization.

Current Directors and KMP
Name Designation Appointment Date Tenure Status
Chetan Navnitlal Shah
Also directs: Aseem Mineral Llp, Ashapura Infraport Llp, Minotech Resources Llp and 5 more
Director 19 Feb 1982 44 Years 4 Months Current
Pundarik Sanyal
Also directs: Ashapura Perfoclay Limited, Ashapura Industrial Finance Limited, Bombay Minerals Limited and 3 more
Director 09 Feb 2016 10 Years 5 Months Current
Hemul Ramesh Shah
Also directs: Manico Resources Private Limited, Manico Minerals International Private Limited, Ashapura Industrial Finance Limited and 5 more
Whole-Time Director 30 Dec 2020 5 Years 6 Months Current
Himani Chetan Shah
Also directs: Manico Minerals International Private Limited, Compound Growth Advisors Llp, Avighna Eco Solutions Llp
Director 10 Feb 2020 6 Years 5 Months Current
Sachin Prakash Polke
Also directs: Ashapura Resources Private Limited
Company Secretary 01 Jul 2002 24 Years 0 Months Current
Surekha Umesh Sathe Director 30 May 2025 1 Years 1 Months Current
Showing 6 of 7 current directors and KMP. View all directors and KMP

Financials of Ashapura Minechem Ltd FY 2026 filings available

Ashapura Minechem Ltd reported revenue of ₹5,237.13 Cr (up 91.21% YoY) for FY 2026.

Revenue · FY 2026
₹5,237.13 Cr ▲ 91.21%
Profit · FY 2026
₹416.47 Cr ▲ 44.07%
Computed EBITDA · FY 2026
₹673.61 Cr ▲ 51.41%
Revenue₹ Cr · Consolidated02,0004,0006,000FY 2020: ₹334 Cr334FY 2020FY 2021: ₹1,148 Cr · +243.4% YoY1,148+243.4%FY 2021FY 2022: ₹1,278 Cr · +11.3% YoY1,278+11.3%FY 2022FY 2023: ₹1,831 Cr · +43.3% YoY1,831+43.3%FY 2023FY 2024: ₹2,654 Cr · +44.9% YoY2,654+44.9%FY 2024FY 2025: ₹2,739 Cr · +3.2% YoY2,739+3.2%FY 2025FY 2026: ₹5,237 Cr · +91.2% YoY5,237+91.2%FY 2026
Net Profit₹ Cr · Consolidated0200400600FY 2020: ₹383 Cr383FY 2020FY 2021: ₹87 Cr · -77.2% YoY87.5-77.2%FY 2021FY 2022: ₹87 Cr · -1.1% YoY86.5-1.1%FY 2022FY 2023: ₹110 Cr · +26.8% YoY110+26.8%FY 2023FY 2024: ₹282 Cr · +156.7% YoY282+156.7%FY 2024FY 2025: ₹289 Cr · +2.6% YoY289+2.6%FY 2025FY 2026: ₹416 Cr · +44.1% YoY416+44.1%FY 2026
Quarterly Revenue₹ Cr · vs same quarter last year01,0002,000Q1'25: ₹714 Cr · -29.8% YoY714-29.8%Q1'25Q2'25: ₹604 Cr · +9% YoY604+9%Q2'25Q3'25: ₹865 Cr · +21.4% YoY865+21.4%Q3'25Q4'25: ₹555 Cr · +26.2% YoY555+26.2%Q4'25Q1'26: ₹1,356 Cr · +89.8% YoY1,356+89.8%Q1'26Q2'26: ₹953 Cr · +57.7% YoY953+57.7%Q2'26Q3'26: ₹960 Cr · +11% YoY960+11%Q3'26Q4'26: ₹1,969 Cr · +254.6% YoY1,969+254.6%Q4'26
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Revenue from Operations ₹5,237.13 Cr ₹2,738.93 Cr ₹2,653.81 Cr ₹1,830.85 Cr ₹1,277.84 Cr ₹1,148.11 Cr ₹334.32 Cr
Other Income ₹118.75 Cr ₹74.89 Cr ₹61.82 Cr ₹86.12 Cr ₹95.6 Cr ₹60.79 Cr ₹15.95 Cr
Total Income ₹5,355.88 Cr ₹2,813.82 Cr ₹2,715.62 Cr ₹1,916.97 Cr ₹1,373.44 Cr ₹1,208.9 Cr ₹350.27 Cr
Cost of Materials Consumed ₹1,202.03 Cr ₹582.86 Cr ₹418.79 Cr ₹472.24 Cr ₹324.93 Cr ₹259.52 Cr ₹117.08 Cr
Purchases of Stock-in-Trade ₹95.23 Cr ₹120.22 Cr ₹108.19 Cr ₹129.83 Cr ₹133.2 Cr ₹103.03 Cr ₹35.1 Cr
Changes in Inventories ₹94.75 Cr -₹155.11 Cr ₹34.52 Cr -₹108.56 Cr -₹97.88 Cr -₹49.41 Cr ₹10.22 Cr
Employee Benefit Expense ₹143.19 Cr ₹159.15 Cr ₹124.66 Cr ₹106.18 Cr ₹98.39 Cr ₹84.65 Cr ₹39.38 Cr
Finance Costs ₹117.87 Cr ₹88.92 Cr ₹69.72 Cr ₹64.32 Cr ₹55.45 Cr ₹52.73 Cr ₹30.96 Cr
Depreciation & Amortisation ₹132.72 Cr ₹77.98 Cr ₹78.63 Cr ₹72.56 Cr ₹58.13 Cr ₹44.96 Cr ₹28.39 Cr
Other Expenses ₹3,147.07 Cr ₹1,661.82 Cr ₹1,721.48 Cr ₹1,058.6 Cr ₹719.82 Cr ₹635.25 Cr ₹189.88 Cr
Total Expenses ₹4,932.86 Cr ₹2,535.85 Cr ₹2,556 Cr ₹1,795.17 Cr ₹1,292.04 Cr ₹1,130.72 Cr ₹451 Cr
Profit Before Exceptional Items & Tax ₹423.02 Cr ₹277.97 Cr ₹159.63 Cr ₹121.81 Cr ₹81.4 Cr ₹78.19 Cr -₹100.73 Cr
Exceptional Items -₹4.56 Cr ₹0 ₹98.43 Cr ₹0 ₹0 ₹19.33 Cr ₹473.98 Cr
Profit Before Tax ₹418.46 Cr ₹277.97 Cr ₹258.06 Cr ₹121.81 Cr ₹81.4 Cr ₹97.52 Cr ₹373.25 Cr
Total Tax Expense ₹28.11 Cr ₹15.4 Cr ₹26.98 Cr ₹29.73 Cr ₹11.26 Cr ₹22.66 Cr -₹1.03 Cr
Net Profit ₹416.47 Cr ₹289.07 Cr ₹281.7 Cr ₹109.73 Cr ₹86.53 Cr ₹87.48 Cr ₹383.19 Cr
  attributable to Owners ₹401.42 Cr ₹295.81 Cr ₹287 Cr ₹117.01 Cr ₹86.52 Cr ₹87.48 Cr ₹387.68 Cr
  attributable to NCI ₹15.05 Cr -₹6.74 Cr -₹5.3 Cr -₹7.27 Cr ₹1.51 Lakh ₹14,000 -₹4.49 Cr
Other Comprehensive Income ₹15.4 Cr -₹12.91 Cr -₹21.65 Cr ₹22.49 Cr -₹5.82 Cr ₹52.72 Lakh -₹3.95 Cr
Total Comprehensive Income ₹431.87 Cr ₹276.17 Cr ₹260.04 Cr ₹132.22 Cr ₹80.71 Cr ₹88.01 Cr ₹379.25 Cr
EBITDA (computed) ₹673.61 Cr ₹444.88 Cr ₹307.98 Cr ₹258.69 Cr ₹194.98 Cr ₹175.88 Cr -₹41.38 Cr
Basic EPS ₹42.02 ₹31.46 ₹31.37 ₹12.79 ₹9.65 ₹10.06 ₹44.57
Diluted EPS ₹42.02 ₹31.46 ₹30.50 ₹12.79 ₹9.65 ₹9.72 ₹44.57
Metrics FY 2026 FY 2025 FY 2024 FY 2023
Total Assets ₹4,698.08 Cr ₹3,930.55 Cr ₹3,310.69 Cr ₹3,049.61 Cr
Non-current Assets ₹2,110.13 Cr ₹1,830.05 Cr ₹1,469.22 Cr ₹1,212.99 Cr
Current Assets ₹2,587.95 Cr ₹2,100.5 Cr ₹1,841.47 Cr ₹1,827.18 Cr
Property, Plant & Equipment ₹1,332.07 Cr ₹1,182.28 Cr ₹437.94 Cr ₹461.02 Cr
Inventories ₹584.75 Cr ₹654.33 Cr ₹520.38 Cr ₹531.56 Cr
Trade Receivables ₹1,000.99 Cr ₹547.45 Cr ₹268.79 Cr ₹489.86 Cr
Cash & Equivalents ₹315.8 Cr ₹109.35 Cr ₹134.62 Cr ₹73.55 Cr
Equity (Net Worth) ₹1,644.83 Cr ₹1,222.51 Cr ₹917.27 Cr ₹657.23 Cr
Equity Share Capital ₹19.11 Cr ₹19.11 Cr ₹18.3 Cr ₹18.3 Cr
Borrowings (Non-current) ₹1,020.12 Cr ₹857.84 Cr ₹687.98 Cr ₹651.05 Cr
Borrowings (Current) ₹423.62 Cr ₹305.07 Cr ₹295.6 Cr ₹105.15 Cr
Total Debt (computed) ₹1,443.74 Cr ₹1,162.91 Cr ₹983.58 Cr ₹756.2 Cr
Current Liabilities ₹1,902.27 Cr ₹1,707.61 Cr ₹1,542.62 Cr ₹1,431.47 Cr
Total Liabilities ₹3,053.25 Cr ₹2,708.04 Cr ₹2,393.42 Cr ₹2,392.38 Cr
The balance sheet became part of the exchange results-filing format in FY2023 - earlier years were not filed and are hidden.
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022
Operating Cash Flow ₹462.86 Cr ₹188.4 Cr ₹148.06 Cr ₹97.3 Cr ₹92.43 Cr
Investing Cash Flow -₹270.57 Cr -₹391.5 Cr -₹274.15 Cr -₹129.69 Cr -₹59.1 Cr
Financing Cash Flow ₹14.17 Cr ₹177.83 Cr ₹190.72 Cr ₹79.59 Cr -₹42.42 Cr
Capital Expenditure ₹279.34 Cr ₹400.74 Cr ₹331.87 Cr ₹133.99 Cr ₹148.2 Cr
Free Cash Flow (computed) ₹183.52 Cr -₹212.34 Cr -₹183.81 Cr -₹36.69 Cr -₹55.77 Cr
Dividends Paid ₹9.43 Cr ₹3,000 ₹1.93 Lakh ₹5.75 Cr ₹4.46 Cr
Net Change in Cash ₹206.45 Cr -₹25.28 Cr ₹64.63 Cr ₹47.21 Cr -₹9.09 Cr
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
Metrics Q4 FY26 Q3 FY26 Q2 FY26 Q1 FY26 Q4 FY25 Q3 FY25 Q2 FY25 Q1 FY25 Q4 FY24 Q3 FY24 Q2 FY24 Q1 FY24
Revenue from Operations ₹1,968.63 Cr ₹960.43 Cr ₹952.5 Cr ₹1,355.57 Cr ₹555.24 Cr ₹865.44 Cr ₹604.1 Cr ₹714.16 Cr ₹440.08 Cr ₹713.1 Cr ₹554.07 Cr ₹1,017.96 Cr
Other Income ₹82.66 Cr ₹28.7 Cr ₹1.44 Cr ₹5.95 Cr ₹56.09 Cr ₹13.81 Cr ₹1.15 Cr ₹3.83 Cr ₹2.01 Cr ₹5.9 Cr ₹21.71 Cr ₹32.2 Cr
Total Income ₹2,051.29 Cr ₹989.13 Cr ₹953.94 Cr ₹1,361.52 Cr ₹611.33 Cr ₹879.25 Cr ₹605.25 Cr ₹717.99 Cr ₹442.09 Cr ₹719 Cr ₹575.78 Cr ₹1,050.16 Cr
Cost of Materials Consumed ₹521.15 Cr ₹278.96 Cr ₹143.85 Cr ₹258.07 Cr ₹210.64 Cr ₹211.79 Cr ₹57.66 Cr ₹102.77 Cr ₹54.46 Cr ₹127.27 Cr ₹168.95 Cr ₹139.51 Cr
Purchases of Stock-in-Trade ₹34.19 Cr ₹49.53 Cr ₹32.72 Cr ₹27.08 Cr ₹36.81 Cr ₹29.43 Cr ₹20.93 Cr ₹33.05 Cr ₹30.44 Cr ₹4.01 Cr -₹4.15 Cr ₹77.89 Cr
Changes in Inventories -₹45.66 Cr -₹63.75 Cr ₹48.93 Cr ₹106.96 Cr -₹178.08 Cr -₹53.8 Cr ₹57.49 Cr ₹19.3 Cr -₹37 Cr ₹9.99 Cr -₹8.52 Lakh ₹61.61 Cr
Employee Benefit Expense ₹36.68 Cr ₹40.15 Cr ₹32.54 Cr ₹33.84 Cr ₹44.82 Cr ₹41.7 Cr ₹36.6 Cr ₹36.03 Cr ₹37.98 Cr ₹29.79 Cr ₹29.03 Cr ₹27.87 Cr
Finance Costs ₹33.81 Cr ₹23.95 Cr ₹29.22 Cr ₹30.89 Cr ₹29.65 Cr ₹23.28 Cr ₹19.02 Cr ₹16.98 Cr ₹16.01 Cr ₹22.25 Cr ₹11.95 Cr ₹19.5 Cr
Depreciation & Amortisation ₹35.41 Cr ₹33.65 Cr ₹32.16 Cr ₹31.5 Cr ₹29.38 Cr ₹12.07 Cr ₹19.68 Cr ₹16.86 Cr ₹20.99 Cr ₹20.05 Cr ₹19.32 Cr ₹18.27 Cr
Other Expenses ₹1,294.25 Cr ₹541.17 Cr ₹563.78 Cr ₹747.83 Cr ₹356.61 Cr ₹501.81 Cr ₹367.35 Cr ₹436.05 Cr ₹305.82 Cr ₹484.26 Cr ₹329.86 Cr ₹601.55 Cr
Total Expenses ₹1,909.83 Cr ₹903.66 Cr ₹883.2 Cr ₹1,236.17 Cr ₹529.83 Cr ₹766.27 Cr ₹578.72 Cr ₹661.03 Cr ₹428.7 Cr ₹697.63 Cr ₹554.88 Cr ₹946.19 Cr
Profit Before Exceptional Items & Tax ₹141.46 Cr ₹85.47 Cr ₹70.74 Cr ₹125.35 Cr ₹81.51 Cr ₹112.98 Cr ₹26.53 Cr ₹56.96 Cr ₹13.39 Cr ₹21.37 Cr ₹20.9 Cr ₹103.97 Cr
Exceptional Items ₹0 -₹4.56 Cr ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹56.72 Cr ₹32.65 Cr ₹10.37 Cr -₹1.3 Cr
Profit Before Tax ₹141.46 Cr ₹80.91 Cr ₹70.74 Cr ₹125.35 Cr ₹81.51 Cr ₹112.98 Cr ₹26.53 Cr ₹56.96 Cr ₹70.11 Cr ₹54.02 Cr ₹31.27 Cr ₹102.67 Cr
Total Tax Expense ₹26.12 Cr ₹8.81 Cr -₹24.77 Cr ₹17.94 Cr ₹5.78 Cr ₹11.88 Cr -₹7.05 Cr ₹4.79 Cr ₹9.21 Cr ₹7.97 Cr ₹3.61 Cr ₹6.18 Cr
Net Profit ₹120.64 Cr ₹75.95 Cr ₹105.98 Cr ₹113.9 Cr ₹78.55 Cr ₹107.59 Cr ₹42.63 Cr ₹60.31 Cr ₹67.37 Cr ₹54.19 Cr ₹58.16 Cr ₹101.98 Cr
  attributable to Owners ₹110.73 Cr ₹0 ₹96.61 Cr ₹109.86 Cr ₹86.49 Cr ₹105.42 Cr ₹44.33 Cr ₹59.57 Cr ₹68.52 Cr ₹56.35 Cr ₹59.33 Cr ₹102.81 Cr
  attributable to NCI ₹9.92 Cr ₹0 ₹9.37 Cr ₹4.04 Cr -₹7.94 Cr ₹2.17 Cr -₹1.7 Cr ₹73.62 Lakh -₹1.15 Cr -₹2.16 Cr -₹1.17 Cr -₹82.91 Lakh
Other Comprehensive Income ₹11.01 Cr ₹17.21 Cr -₹14.02 Cr ₹1.2 Cr -₹11.32 Cr ₹1.53 Cr -₹71.56 Lakh -₹2.4 Cr -₹2.26 Cr -₹5.71 Cr -₹5.34 Cr -₹8.35 Cr
Total Comprehensive Income ₹131.65 Cr ₹93.16 Cr ₹91.96 Cr ₹115.1 Cr ₹67.23 Cr ₹109.12 Cr ₹41.91 Cr ₹57.91 Cr ₹65.11 Cr ₹48.48 Cr ₹52.82 Cr ₹93.63 Cr
EBITDA (computed) ₹210.68 Cr ₹143.07 Cr ₹132.12 Cr ₹187.74 Cr ₹140.54 Cr ₹148.32 Cr ₹65.23 Cr ₹90.79 Cr ₹50.39 Cr ₹63.68 Cr ₹52.18 Cr ₹141.73 Cr
Basic EPS ₹11.59 ₹8.82 ₹10.11 ₹11.50 ₹9.08 ₹11.15 ₹4.71 ₹6.51 ₹7.49 ₹6.16 ₹6.49 ₹11.24
Diluted EPS ₹11.59 ₹8.82 ₹10.11 ₹11.50 ₹9.08 ₹11.15 ₹4.92 ₹6.31 ₹7.29 ₹5.83 ₹6.28 ₹11.10
Latest 12 quarters shown of 25 on record.
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Revenue from Operations ₹432.14 Cr ₹371.52 Cr ₹333.14 Cr ₹222.69 Cr ₹598.15 Cr ₹421.49 Cr ₹205.86 Cr
Other Income ₹38.75 Cr ₹15.16 Cr ₹13.38 Cr ₹40.01 Cr ₹26.47 Cr ₹21.51 Cr ₹8.67 Cr
Total Income ₹470.89 Cr ₹386.68 Cr ₹346.53 Cr ₹262.71 Cr ₹624.62 Cr ₹443 Cr ₹214.52 Cr
Cost of Materials Consumed ₹88.01 Cr ₹82.38 Cr ₹75.51 Cr ₹59.52 Cr ₹50.57 Cr ₹56.12 Cr ₹82.24 Cr
Purchases of Stock-in-Trade ₹41.02 Cr ₹67.41 Cr ₹29.62 Cr ₹17 Cr ₹265.73 Cr ₹128.1 Cr ₹8.82 Cr
Changes in Inventories ₹6.51 Cr ₹2.59 Cr ₹8.74 Cr ₹8.52 Cr ₹2.25 Cr -₹8.36 Cr ₹14.55 Cr
Employee Benefit Expense ₹35.41 Cr ₹31.67 Cr ₹31.9 Cr ₹29.33 Cr ₹26.48 Cr ₹22.49 Cr ₹24.68 Cr
Finance Costs ₹11.63 Cr ₹7.06 Cr ₹14.19 Cr ₹22.39 Cr ₹30.11 Cr ₹34.48 Cr ₹13.64 Cr
Depreciation & Amortisation ₹9.88 Cr ₹9.17 Cr ₹10.26 Cr ₹15.38 Cr ₹19.52 Cr ₹20.23 Cr ₹20.92 Cr
Other Expenses ₹124.74 Cr ₹114.72 Cr ₹99.81 Cr ₹116.38 Cr ₹245.61 Cr ₹143.4 Cr ₹116.88 Cr
Total Expenses ₹317.2 Cr ₹315 Cr ₹270.03 Cr ₹268.53 Cr ₹640.28 Cr ₹396.46 Cr ₹281.73 Cr
Profit Before Exceptional Items & Tax ₹153.69 Cr ₹71.68 Cr ₹76.5 Cr -₹5.82 Cr -₹15.65 Cr ₹46.54 Cr -₹67.21 Cr
Exceptional Items -₹1.77 Cr ₹0 ₹74.55 Cr ₹0 ₹0 ₹19.33 Cr ₹460.52 Cr
Profit Before Tax ₹151.92 Cr ₹71.68 Cr ₹151.05 Cr -₹5.82 Cr -₹15.65 Cr ₹65.87 Cr ₹393.31 Cr
Total Tax Expense -₹2.73 Cr -₹12.87 Cr -₹15.41 Cr ₹1.19 Cr ₹0 ₹10.24 Cr ₹0
Net Profit ₹154.65 Cr ₹84.55 Cr ₹166.45 Cr -₹7.01 Cr -₹15.65 Cr ₹55.63 Cr ₹393.31 Cr
  attributable to Owners - - - - - - ₹0
  attributable to NCI - - - - - - ₹0
Other Comprehensive Income -₹16 Lakh -₹42.6 Lakh -₹1.4 Cr -₹7.7 Lakh -₹5.67 Cr -₹59.45 Lakh ₹1.23 Cr
Total Comprehensive Income ₹154.49 Cr ₹84.13 Cr ₹165.06 Cr -₹7.09 Cr -₹21.33 Cr ₹55.04 Cr ₹394.54 Cr
EBITDA (computed) ₹175.2 Cr ₹87.91 Cr ₹100.95 Cr ₹31.95 Cr ₹33.98 Cr ₹101.25 Cr -₹32.65 Cr
Basic EPS ₹16.19 ₹8.99 ₹18.20 ₹-0.77 ₹-1.75 ₹6.40 ₹45.21
Diluted EPS ₹16.19 ₹8.99 ₹17.69 ₹-0.77 ₹-1.75 ₹6.18 ₹45.21
Metrics FY 2026 FY 2025 FY 2024 FY 2023
Total Assets ₹777.44 Cr ₹708.85 Cr ₹561.28 Cr ₹586.98 Cr
Non-current Assets ₹230.57 Cr ₹229.14 Cr ₹207.66 Cr ₹215.85 Cr
Current Assets ₹546.87 Cr ₹479.7 Cr ₹353.63 Cr ₹361.69 Cr
Property, Plant & Equipment ₹92.15 Cr ₹93.06 Cr ₹93.72 Cr ₹105.48 Cr
Inventories ₹87.46 Cr ₹89.55 Cr ₹92.21 Cr ₹104.49 Cr
Trade Receivables ₹318.85 Cr ₹245.16 Cr ₹130.89 Cr ₹118.06 Cr
Cash & Equivalents ₹46.45 Cr ₹19.11 Cr ₹13.79 Cr ₹24.3 Cr
Equity (Net Worth) ₹457.79 Cr ₹312.85 Cr ₹199.66 Cr ₹34.6 Cr
Equity Share Capital ₹19.11 Cr ₹19.11 Cr ₹18.3 Cr ₹18.3 Cr
Borrowings (Non-current) ₹55.86 Cr ₹77.5 Cr ₹17.3 Cr ₹16.86 Cr
Borrowings (Current) ₹0 ₹0 ₹27.41 Cr ₹41.79 Cr
Total Debt (computed) ₹55.86 Cr ₹77.5 Cr ₹44.71 Cr ₹58.65 Cr
Current Liabilities ₹148.07 Cr ₹182.78 Cr ₹187.53 Cr ₹231.7 Cr
Total Liabilities ₹319.65 Cr ₹395.99 Cr ₹361.62 Cr ₹552.38 Cr
The balance sheet became part of the exchange results-filing format in FY2023 - earlier years were not filed and are hidden.
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022
Operating Cash Flow ₹74.85 Cr -₹46.43 Cr -₹12.88 Cr ₹41.7 Cr ₹41.45 Cr
Investing Cash Flow -₹4.8 Cr -₹1.84 Cr ₹32.77 Cr ₹66.78 Lakh -₹2.29 Cr
Financing Cash Flow -₹42.71 Cr ₹53.59 Cr -₹26.84 Cr -₹27.17 Cr -₹40.7 Cr
Capital Expenditure ₹10.07 Cr ₹8.26 Cr ₹8.54 Cr ₹4.06 Cr ₹5.4 Cr
Free Cash Flow (computed) ₹64.78 Cr -₹54.68 Cr -₹21.43 Cr ₹37.65 Cr ₹36.05 Cr
Dividends Paid ₹9.43 Cr ₹3,000 ₹1.93 Lakh ₹4.61 Cr ₹4.46 Cr
Net Change in Cash ₹27.34 Cr ₹5.32 Cr -₹6.96 Cr ₹15.2 Cr -₹1.54 Cr
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
Metrics Q4 FY26 Q3 FY26 Q2 FY26 Q1 FY26 Q4 FY25 Q3 FY25 Q2 FY25 Q1 FY25 Q4 FY24 Q3 FY24 Q2 FY24 Q1 FY24
Revenue from Operations ₹117.79 Cr ₹121.28 Cr ₹87.05 Cr ₹106.02 Cr ₹122.64 Cr ₹96.85 Cr ₹74.32 Cr ₹77.7 Cr ₹78.65 Cr ₹97.12 Cr ₹66.65 Cr ₹90.73 Cr
Other Income ₹16.21 Cr ₹5.28 Cr ₹13.61 Cr ₹3.65 Cr ₹1.92 Cr ₹6.45 Cr ₹4.78 Cr ₹2.02 Cr ₹1.46 Cr ₹3.92 Cr ₹4.84 Cr ₹3.17 Cr
Total Income ₹134 Cr ₹126.56 Cr ₹100.66 Cr ₹109.67 Cr ₹124.56 Cr ₹103.3 Cr ₹79.11 Cr ₹79.71 Cr ₹80.11 Cr ₹101.04 Cr ₹71.49 Cr ₹93.89 Cr
Cost of Materials Consumed ₹25.56 Cr ₹23.51 Cr ₹16.78 Cr ₹22.16 Cr ₹26.6 Cr ₹21.56 Cr ₹14.97 Cr ₹19.25 Cr ₹18.27 Cr ₹17.76 Cr ₹19.9 Cr ₹19.58 Cr
Purchases of Stock-in-Trade ₹5.13 Cr ₹27.19 Cr ₹3.57 Cr ₹5.13 Cr ₹34.21 Cr ₹20.22 Cr ₹4.91 Cr ₹8.07 Cr ₹6.9 Cr ₹13.07 Cr ₹4.11 Cr ₹5.54 Cr
Changes in Inventories ₹3.89 Cr -₹1.51 Cr ₹6.26 Cr -₹2.12 Cr ₹3.79 Cr -₹2.55 Cr ₹6.23 Cr -₹4.89 Cr ₹7.4 Cr -₹25.64 Lakh ₹3.31 Cr -₹1.72 Cr
Employee Benefit Expense ₹9.5 Cr ₹9.54 Cr ₹8.27 Cr ₹8.1 Cr ₹8.5 Cr ₹8.17 Cr ₹7.58 Cr ₹7.43 Cr ₹7.45 Cr ₹8.07 Cr ₹8.16 Cr ₹8.22 Cr
Finance Costs ₹2.65 Cr ₹3 Cr ₹3.06 Cr ₹2.92 Cr ₹1.08 Cr ₹1.88 Cr ₹2.04 Cr ₹2.06 Cr ₹3.09 Cr ₹3.28 Cr ₹3.37 Cr ₹4.45 Cr
Depreciation & Amortisation ₹2.45 Cr ₹2.44 Cr ₹2.54 Cr ₹2.45 Cr ₹2.25 Cr ₹2.17 Cr ₹2.16 Cr ₹2.58 Cr ₹2.66 Cr ₹2.52 Cr ₹2.53 Cr ₹2.56 Cr
Other Expenses ₹29.03 Cr ₹34.21 Cr ₹30.25 Cr ₹31.25 Cr ₹31.64 Cr ₹30.14 Cr ₹28.44 Cr ₹24.51 Cr ₹28.26 Cr ₹28.94 Cr ₹22.71 Cr ₹19.9 Cr
Total Expenses ₹78.21 Cr ₹98.38 Cr ₹70.73 Cr ₹69.89 Cr ₹108.07 Cr ₹81.59 Cr ₹66.33 Cr ₹59.01 Cr ₹74.04 Cr ₹73.37 Cr ₹64.09 Cr ₹58.52 Cr
Profit Before Exceptional Items & Tax ₹55.79 Cr ₹28.18 Cr ₹29.93 Cr ₹39.78 Cr ₹16.49 Cr ₹21.71 Cr ₹12.77 Cr ₹20.71 Cr ₹6.07 Cr ₹27.67 Cr ₹7.39 Cr ₹35.37 Cr
Exceptional Items ₹0 -₹1.77 Cr ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹56.72 Cr ₹7.1 Cr ₹10.37 Cr ₹36.73 Lakh
Profit Before Tax ₹55.79 Cr ₹26.41 Cr ₹29.93 Cr ₹39.78 Cr ₹16.49 Cr ₹21.71 Cr ₹12.77 Cr ₹20.71 Cr ₹62.79 Cr ₹34.76 Cr ₹17.76 Cr ₹35.74 Cr
Total Tax Expense ₹14.69 Cr ₹7.22 Cr -₹34.62 Cr ₹9.98 Cr -₹3.84 Cr -₹4.32 Cr -₹1.44 Cr -₹3.28 Cr -₹5.55 Cr -₹2.12 Cr -₹1.21 Cr -₹6.52 Cr
Net Profit ₹41.1 Cr ₹19.19 Cr ₹64.55 Cr ₹29.8 Cr ₹20.34 Cr ₹26.03 Cr ₹14.21 Cr ₹23.98 Cr ₹68.34 Cr ₹36.88 Cr ₹18.97 Cr ₹42.26 Cr
Other Comprehensive Income ₹44 Lakh -₹38 Lakh -₹10 Lakh -₹11 Lakh ₹35.9 Lakh -₹26.17 Lakh -₹26.17 Lakh -₹26.17 Lakh -₹1.34 Cr -₹1.93 Lakh -₹1.93 Lakh -₹1.93 Lakh
Total Comprehensive Income ₹41.54 Cr ₹18.81 Cr ₹64.45 Cr ₹29.69 Cr ₹20.69 Cr ₹25.77 Cr ₹13.95 Cr ₹23.72 Cr ₹66.99 Cr ₹36.87 Cr ₹18.96 Cr ₹42.24 Cr
EBITDA (computed) ₹60.89 Cr ₹33.62 Cr ₹35.53 Cr ₹45.15 Cr ₹19.83 Cr ₹25.76 Cr ₹16.97 Cr ₹25.35 Cr ₹11.81 Cr ₹33.46 Cr ₹13.29 Cr ₹42.38 Cr
Basic EPS ₹4.30 ₹2.01 ₹6.76 ₹3.12 ₹2.13 ₹2.74 ₹1.50 ₹2.62 ₹7.47 ₹4.03 ₹2.07 ₹4.62
Diluted EPS ₹4.30 ₹2.01 ₹6.76 ₹3.12 ₹2.13 ₹2.74 ₹1.59 ₹2.54 ₹7.27 ₹3.86 ₹2.00 ₹4.56
Latest 12 quarters shown of 25 on record.
Want more history and ratios?
You're viewing the latest exchange-filed financials for Ashapura Minechem Ltd. The full report adds 10+ years of line-item history, 20+ ratios, peer benchmarks and a downloadable PDF.
10+ years of history 20+ ratios & benchmarks Downloadable PDF

Shareholding Pattern of Ashapura Minechem Ltd

As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 48.03%, foreign institutional investors hold 19.51%, domestic institutional investors hold 0.33%, retail and other public shareholders hold 32.13% of Ashapura Minechem Ltd. The company had 43,255 shareholders on record.

Promoters: 48.03%DII (Domestic Institutional): 0.33%FII (Foreign Institutional): 19.51%Retail & Others: 32.13%
Mar 2026
QUARTER
48.03% Promoters
0.33% DII (Domestic Institutional)
19.51% FII (Foreign Institutional)
32.13% Retail & Others
Promoter holding - history
Now 48.03% · Mar 2026High 48.66% · Dec 2015Low 39.78% · Dec 2017
38%41%44%47%50%Dec 2015Jun 2018Dec 2020Mar 2023Jun 2025Dec 2015: 48.66%Mar 2016: 48.66%Jun 2016: 48.43%Sep 2016: 48.43%Dec 2016: 48.43%Mar 2017: 48.43%Jun 2017: 46.32%Sep 2017: 45.11%Dec 2017: 39.78%Mar 2018: 39.78%Jun 2018: 39.78%Sep 2018: 39.78%Dec 2018: 39.78%Mar 2019: 39.78%Jun 2019: 39.78%Sep 2019: 39.78%Dec 2019: 39.78%Mar 2020: 39.78%Jun 2020: 39.78%Sep 2020: 40.36%Dec 2020: 40.79%Mar 2021: 41.42%Jun 2021: 41.71%Aug 2021: 44.58%Sep 2021: 44.58%Dec 2021: 44.58%Mar 2022: 44.58%Jun 2022: 44.74%Sep 2022: 44.79%Dec 2022: 45.22%Mar 2023: 45.33%Jun 2023: 45.33%Sep 2023: 45.33%Dec 2023: 45.33%Mar 2024: 45.39%Jun 2024: 45.39%Aug 2024: 47.70%Sep 2024: 47.70%Dec 2024: 47.70%Mar 2025: 47.75%Jun 2025: 47.75%Sep 2025: 47.79%Dec 2025: 47.88%Mar 2026: 48.03%48.66%39.78%48.03%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Promoters48.03%47.88%47.79%47.75%47.75%47.70%
Public51.97%52.12%52.21%52.25%52.25%52.30%
Shareholding history - year on year (as at 31 March)
Mar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016
Promoters48.03%47.75%45.39%45.33%44.58%41.42%39.78%39.78%39.78%48.43%48.66%
Public51.97%52.25%54.61%54.67%55.42%58.58%60.22%60.22%60.22%51.57%51.34%
Promoter change (YoY, %pts)+0.28+2.36+0.06+0.75+3.16+1.64+0.00+0.00-8.65-0.23-

Board & Governance of Ashapura Minechem Ltd

As per the corporate governance filing with NSE for the quarter ended 31-DEC-2025, the board of Ashapura Minechem Ltd has 6 directors - 3 independent and 1 executive. The board is chaired by CHETAN NAVNITLAL SHAH.

DirectorPositionOn board sinceListed boards
CHETAN NAVNITLAL SHAH Non-Executive - Non Independent Director · Chairperson 2014-10-01 1
PUNDARIK SANYAL Non-Executive - Independent Director 2016-02-09 1
HEMUL SHAH Executive Director · CEO 2020-02-16 2
HIMANI CHETAN SHAH Non-Executive - Non Independent Director 2020-02-10 1
DIPAK KIRCHANDBHAI VORA Non-Executive - Independent Director 2025-01-23 1
SUREKHA UMESH SATHE Non-Executive - Independent Director 2025-05-30 1
Board Committees
CommitteeMembers
Audit Committee PUNDARIK SANYAL (Chairperson), HEMUL SHAH, DIPAK KIRCHANDBHAI VORA, SUREKHA UMESH SATHE
Nomination and remuneration committee PUNDARIK SANYAL (Chairperson), HIMANI CHETAN SHAH, DIPAK KIRCHANDBHAI VORA, SUREKHA UMESH SATHE
Stakeholders Relationship Committee PUNDARIK SANYAL (Chairperson), CHETAN NAVNITLAL SHAH, HEMUL SHAH, DIPAK KIRCHANDBHAI VORA
Risk Management Committee HEMUL SHAH (Chairperson), PUNDARIK SANYAL, ASHISH DESAI, DIPAK KIRCHANDBHAI VORA
Corporate Social Responsibility Committee PUNDARIK SANYAL (Chairperson), CHETAN NAVNITLAL SHAH, HEMUL SHAH, SUREKHA UMESH SATHE

Group Structure of Ashapura Minechem Ltd

Ashapura Minechem Ltd has 10 subsidiary companies. This group structure data is as of FY 2024. The corporate group structure reflects Ashapura Minechem Ltd's business expansion strategy and organizational complexity.

10
Subsidiary companies
Key Subsidiaries
Company Name CIN Shares Held
Bombay Minerals Limited U14100GJ1953PLC000699 -
Ashapura International Limited U14108MH1989PLC054664 -
Ashapura Resources Private Limited U14200MH2013PTC242002 -
Ashapura Claytech Limited U26939MH1995PLC090484 -
Aeon Procare Private Limited U26990MH2016PTC283627 -
Ashapura Aluminium Limited U27203GJ2007PLC051421 -

Showing major subsidiaries. Total: 10.

Charges & Borrowings of Ashapura Minechem Ltd

Open charges
₹2,028.27 Cr
Satisfied charges
₹226.26 Cr
Breakdown by lending institutions
Bank of India & 10 Others₹1,600.00 Cr
Others₹214.18 Cr
Union Bank of India₹144.77 Cr
Edelweiss Asset Reconstruction Company Limited₹31.09 Cr
Hdfc Bank Limited₹25.00 Cr
Others₹13.23 Cr
Latest charge details
DateLenderAmountStatus
17 Nov 2022 Others ₹5 Cr Open
28 Oct 2022 Others ₹2.68 Cr Open
03 Jan 2018 Others ₹206.5 Cr Open
08 Oct 2010 Union Bank of India ₹55.77 Cr Open
01 Sep 2009 Hdfc Bank Limited ₹25 Cr Open

Total charge records: 31 View all charges

Employees and EPFO Compliance at Ashapura Minechem Ltd

Ashapura Minechem Ltd has a workforce of 269 employees as of Apr 06, 2024.

Employee count
269
Active EPFO establishments
8
Employee growth
-15.14%
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Employee and EPFO history for Ashapura Minechem Ltd

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GST Compliance of Ashapura Minechem Ltd

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Credit Ratings, Litigation & Regulatory Alerts for Ashapura Minechem Ltd

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MSME Payment Delays by Ashapura Minechem Ltd

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Subsidiaries & Group Companies of Ashapura Minechem Ltd

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Corporate group structure for Ashapura Minechem Ltd

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MCA Filings & Documents of Ashapura Minechem Ltd

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Recent Activity on Ashapura Minechem Ltd

Directors
30 May 2025
Surekha Umesh Sathe was appointed as a Director on 30 May 2025 & has been associated with this company since 1 year 1 month.
Directors
23 Jan 2025
Dipak Kirchandbhai Vora was appointed as a Director on 23 Jan 2025 & has been associated with this company since 1 year 5 months.
Charges
20 Dec 2024
A charge registered on 08 Jan 2004 via Charge ID 101003852 with Export Import Bank Of India was fully satisfied on 20 Dec 2024.
Charges
20 Dec 2024
A charge registered on 19 Jul 2003 via Charge ID 101004421 with Export Import Bank Of India was fully satisfied on 20 Dec 2024.
Charges
20 Dec 2024
A charge registered on 17 Jul 2003 via Charge ID 101004277 with Export Import Bank Of India was fully satisfied on 20 Dec 2024.
Charges
20 Dec 2024
A charge registered on 17 Mar 2003 via Charge ID 101001265 with Export-Import Bank Of India was fully satisfied on 20 Dec 2024.

Recent News on Ashapura Minechem Ltd

Stock that will see action today: January 20, 2025
20 Jan 2025 · Thehindubusinessline
Outcome of board meeting of Ashapura Minechem
12 Dec 2018 · Business Standard

Frequently Asked Questions about Ashapura Minechem Ltd

Ashapura Minechem Ltd is an active public limited company in the metals and minerals sector based in Mumbai, Maharashtra, India. It was incorporated on 19 February 1982 (44+ years old) and is registered under CIN L14108MH1982PLC026396. Listed on BSE: 527001 and NSE: SHAPURMIN. The company has 269 employees.

Ashapura Minechem Ltd reported revenue of ₹5,237.13 Cr for FY 2026 (up 91.21% YoY) based on consolidated NSE filings.

The current directors and KMP of Ashapura Minechem Ltd are:

The primary industry of Ashapura Minechem Ltd is metals and minerals. The company specifically operates in other metals and minerals. The company is currently active in this sector.

Yes. Ashapura Minechem Ltd is listed on both BSE (code: 527001) and NSE (symbol: SHAPURMIN).

Ashapura Minechem Ltd can be reached at the registered office: Jeevan Udyog Bldg. 3 Rd Floor 278 D. N. Rd Fort, Mumbai, Maharashtra, India – 400001, or through the website ashapura.com.

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