Ashapura Minechem Ltd. | Mid-cap | Basic Materials
₹692.55
3.04%
| Ashapura Minechem Stock Comparison:
Ashapura Minechem vs Hindustan ZincAshapura Minechem vs VedantaAshapura Minechem vs MOIL LimitedAshapura Minechem vs Orissa MineralsAshapura Minechem vs JG ChemicalsAshapura Minechem vs NIFTY 50 | Market
TL;DR Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Jun 2025

Income Metrics

Revenue 13.6B
Gross Profit 9.3B 68.75%
Operating Income 1.5B 11.09%
Net Income 1.1B 8.40%
EPS (Diluted) ₹11.50

Balance Sheet Metrics

Total Assets 39.3B
Total Liabilities 27.1B
Shareholders Equity 12.2B
Debt to Equity 2.22

Cash Flow Metrics

Revenue & Profitability Trend

Ashapura Minechem Income Statement From 2021 to 2025

Metric 2025 2024 2023 2022 2021
Revenue i 26.9B 26.2B 18.0B 12.5B 11.4B
Cost of Goods Sold i 7.9B 7.5B 7.0B 5.5B 4.5B
Gross Profit i 19.1B 18.7B 11.0B 7.0B 6.9B
Gross Margin % i 70.7% 71.5% 61.0% 56.0% 60.2%
Operating Expenses
Research & Development i - - - - -
Selling, General & Administrative i 13.9B 15.1B 7.5B 4.9B 4.7B
Other Operating Expenses i 135.6M -57.8M 631.2M 291.6M 109.5M
Total Operating Expenses i 14.0B 15.0B 8.1B 5.2B 4.8B
Operating Income i 3.0B 1.9B 1.3B 436.7M 773.6M
Operating Margin % i 11.1% 7.2% 7.1% 3.5% 6.8%
Non-Operating Items
Interest Income i 40.6M 65.3M 39.4M 44.7M 45.2M
Interest Expense i 883.0M 689.6M 595.3M 556.3M 506.8M
Other Non-Operating Income - - - - -
Pre-tax Income i 3.0B 3.1B 1.4B 977.9M 1.1B
Income Tax i 154.0M 269.8M 297.3M 112.6M 226.6M
Effective Tax Rate % i 5.1% 8.7% 21.3% 11.5% 20.6%
Net Income i 2.9B 2.8B 1.1B 865.3M 874.8M
Net Margin % i 10.7% 10.8% 6.1% 6.9% 7.7%
Key Metrics
EBITDA i 4.7B 3.6B 2.7B 1.9B 1.8B
EPS (Basic) i ₹31.46 ₹31.37 ₹12.79 ₹9.65 ₹10.06
EPS (Diluted) i ₹31.46 ₹30.50 ₹12.79 ₹9.65 ₹9.72
Basic Shares Outstanding i 94042920 91486098 91486098 89661440 86986098
Diluted Shares Outstanding i 94042920 91486098 91486098 89661440 86986098

Income Statement Trend

Ashapura Minechem Balance Sheet From 2021 to 2025

Metric 2025 2024 2023 2022 2021
Assets
Current Assets
Cash & Equivalents i 1.1B 1.3B 693.4M 263.5M 354.2M
Short-term Investments i 5.7M 6.3M 3.2M 3.0M 3.3M
Accounts Receivable i 5.5B 2.7B 4.9B 3.1B 2.9B
Inventory i 6.5B 5.2B 5.3B 4.1B 2.9B
Other Current Assets 5.0B 5.2B 4.6B -1.0K 3.0K
Total Current Assets i 21.0B 18.4B 18.2B 12.9B 11.3B
Non-Current Assets
Property, Plant & Equipment i 1.5B 1.1B 927.1M 7.6M 7.6M
Goodwill i 951.6M 950.8M 785.6M 1.4B 1.4B
Intangible Assets i 2.8M 2.0M 1.6M 608.8M 605.4M
Long-term Investments - - - - -
Other Non-Current Assets 25.0M 3.8M 5.8M 3.0K 2.0K
Total Non-Current Assets i 18.3B 14.7B 12.1B 11.4B 11.0B
Total Assets i 39.3B 33.1B 30.3B 24.2B 22.3B
Liabilities
Current Liabilities
Accounts Payable i 6.2B 5.6B 5.6B 3.5B 3.7B
Short-term Debt i 3.1B 3.0B 1.5B 1.1B 1.1B
Current Portion of Long-term Debt - - - - -
Other Current Liabilities 1.6B 1.5B 1.5B 981.7M 464.8M
Total Current Liabilities i 17.1B 15.4B 14.6B 11.3B 9.8B
Non-Current Liabilities
Long-term Debt i 8.6B 6.9B 6.0B 5.3B 5.5B
Deferred Tax Liabilities i - - - - -
Other Non-Current Liabilities 1.0K 6.0K 907.0K 5.0M -79.0K
Total Non-Current Liabilities i 10.0B 8.5B 9.1B 7.7B 8.2B
Total Liabilities i 27.1B 23.9B 23.7B 19.0B 18.0B
Equity
Common Stock i 191.1M 183.0M 183.0M 183.0M 174.0M
Retained Earnings i 10.0B 7.0B 4.2B 3.1B 2.2B
Treasury Stock i - - - - -
Other Equity - - - - -
Total Shareholders Equity i 12.2B 9.2B 6.6B 5.2B 4.3B
Key Metrics
Total Debt i 11.6B 9.8B 7.6B 6.4B 6.6B
Working Capital i 3.9B 3.0B 3.6B 1.6B 1.5B

Balance Sheet Composition

Ashapura Minechem Cash Flow Statement From 2021 to 2025

Metric 2025 2024 2023 2022 2021
Operating Activities
Net Income i 2.9B 2.8B 1.1B 865.3M 874.8M
Depreciation & Amortization i - - - - -
Stock-Based Compensation i - - - - -
Working Capital Changes i -2.1B 106.3M -2.3B -123.7M -3.5B
Operating Cash Flow i 1.6B 3.5B -622.4M 1.1B -2.2B
Investing Activities
Capital Expenditures i -4.0B -2.7B -1.3B -1.2B -1.8B
Acquisitions i - - - - 0
Investment Purchases i - - - - -
Investment Sales i - - - - -
Investing Cash Flow i -4.0B -2.7B -1.3B -1.2B -1.8B
Financing Activities
Share Repurchases i - - - - -
Dividends Paid i -3.0K -194.0K -57.5M -45.1M -
Debt Issuance i 1.8B 2.3B 1.2B 0 2.2B
Debt Repayment i - 0 -21.8M -269.7M 0
Financing Cash Flow i 2.0B 2.2B 1.2B -206.8M 2.2B
Free Cash Flow i -2.1B -1.8B -402.5M -339.4M -2.0B
Net Change in Cash i -315.3M 3.0B -793.1M -289.4M -1.8B

Cash Flow Trend

Ashapura Minechem Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 17.79
Price to Book 4.98
Price to Sales 1.84
PEG Ratio 0.23

Profitability Ratios

Profit Margin 10.24%
Operating Margin 11.09%
Return on Equity 24.20%
Return on Assets 7.53%

Financial Health

Current Ratio 1.23
Debt to Equity 95.13
Beta 0.70

Per Share Data

EPS (TTM) ₹36.47
Book Value per Share ₹130.39
Revenue per Share ₹355.70

Peer Financial Comparison

Company Market Cap P/E Ratio P/B Ratio ROE Profit Margin Debt/Equity
ashapurmin 62.0B 17.79 4.98 24.20% 10.24% 95.13
Hindustan Zinc 2.1T 20.22 15.55 77.69% 31.28% 0.87
Vedanta 1.9T 12.68 4.46 27.88% 9.49% 140.04
MOIL Limited 76.8B 27.47 2.92 14.47% 19.50% 0.00
Orissa Minerals 34.8B 627.72 -66.02 77.99% -58.38% -3.61
JG Chemicals 16.5B 26.16 3.64 13.49% 7.48% 0.04

Financial data is updated regularly. All figures are in the company's reporting currency.