Ashapura Minechem Ltd Stock Price Today (NSE: ASHAPURMIN)
Fundamental Score
Ashapura Minechem Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis
Ashapura Minechem Ltd share price today is ₹489.65, up +0.67% on NSE/BSE as of 14 April 2026. Ashapura Minechem Ltd (ASHAPURMIN) is a Mid-cap company in the Industrial Minerals sector with a market capitalisation of ₹6.80K (Cr). The 52-week high for ASHAPURMIN share price is ₹924.90 and the 52-week low is ₹316.00. At a P/E ratio of 17.06x, ASHAPURMIN is currently trading below its industry average P/E of 19.69x. The company has a Return on Equity (ROE) of 27.14% and a debt-to-equity ratio of 0.86.
Ashapura Minechem Ltd Share Price Chart — NSE/BSE Historical Performance
AI Research Briefing
Powered by Gemini · 2026-04-13
Q3 profit decline and governance concerns make Ashapura a risky bet at current levels.
⚡ WHAT'S HAPPENING NOW (last 2-4 weeks): Ashapura Minechem's Q3 FY26 results, announced on April 10, 2026, show a mixed performance. Revenue increased slightly QoQ to ₹960.43 crore, but net profit decreased by 28.34% QoQ to ₹75.95 crore. Year-on-year, net profit declined by 29.41%. The board approved an Employee Stock Option Plan (ESOP) in March 2026. 🧠 CORE STORY (THE REAL GAME): Ashapura is a play on India's industrial mineral demand, specifically bentonite and bauxite. The market is pricing in continued growth driven by infrastructure and manufacturing, but is wary of cyclical downturns and promoter actions. 🔥 WHAT IS DRIVING THE STOCK: 1. **Industrial Growth:** India's industrial mineral demand is rising due to urbanization and manufacturing growth. 2. **ESOP Announcement:** The approval of ESOP 2026, covering 20,00,000 shares, aims to incentivize employees and directors. 3. **Promoter Activity:** Promoter Manan Chetan Shah Family Trust acquired a 1.75% stake in February 2026 via an off-market transaction. ⚖️ BULL vs BEAR: Bull: Infrastructure boom and rising demand for minerals drive revenue growth. Focus on exports and product portfolio expansion adds to the upside. Bear: Profitability took a hit in the last quarter. Promoter actions and family trusts acquiring stakes raise governance questions. The company was fined ₹2 lakhs by SEBI in February 2026 for disclosure violations. Cyclical nature of the industry poses a risk. 💣 WHAT MARKET IS PRICING: The market is pricing in continued revenue growth and margin improvement. However, any slowdown in infrastructure projects or a decline in mineral prices could lead to a derating. 🎯 BOTTOM LINE: Ashapura is a cyclical play with governance risks; Q3 results show profit decline, making current levels unsustainable. Liquidity is a concern given its mid-cap status.
- Q3 FY26 net profit declined 28.34% QoQ
- SEBI fined the company ₹2 lakhs for disclosure violations
- Promoter activity raises governance questions
- Significant infrastructure project wins
- Sharp increase in mineral prices
- Successful expansion into new markets
- Cyclical industry
- Mid-cap liquidity risk
- Governance concerns due to promoter activity
FII increased stake by 1.6% [cite: brief], a contrarian signal given recent underperformance.
India's infrastructure push is a tailwind, but global mineral price volatility is a headwind.
Negative free cash flow of ₹-570.65 Cr over the last 5 years [cite: brief] is a major concern.
Next 3-6 months depend on infrastructure spending and mineral prices. Need to monitor promoter actions and governance.
Primary Thesis Risk
Cyclical downturn and governance issues can wipe out profits.
For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.
Returns & Performance
ROE
ROCE
OPM (5Y)
Div Yield
Ashapura Minechem Ltd Valuation Check
P/E Ratio
Industry P/E
Market Cap
Growth Engine
Profit Growth (Q)
Sales Growth (Q)
Sales Growth (5Y)
EPS Growth (5Y)
Profit Growth (5Y)
Balance Sheet Health
Debt to Equity
Int. Coverage
Free Cash Flow (5Y)
Shareholding
Promoter
FII
DII
Pledged
Institutional Deep-Dive
Bull Run Research Hub
Ashapura Minechem Share Price: A Financial Stability Analysis
In the dynamic landscape of industrial minerals, where demand is heavily influenced by global infrastructure projects and manufacturing output, understanding the financial stability of key players is crucial. This analysis examines the financial health of Ashapura Minechem Ltd, focusing on its current market position and profitability metrics, specifically its ROCE. Currently, the Ashapura Minechem share price stands at ₹607.5999755859375, with a Price-to-Earnings (PE) ratio of 17.06 and a Return on Capital Employed (ROCE) of 18.64%.
A key indicator of Ashapura Minechem's financial health is its ROCE. An 18.64% ROCE signifies the company's efficiency in generating profits from its capital investments. This relatively strong ROCE, if sustainable, contributes to the company's economic moat by suggesting it possesses a competitive advantage in resource utilization and profitability compared to other players. However, further investigation is needed to understand what drives this ROCE and whether it's sustainable given the cyclical nature of the industry and potential fluctuations in raw material prices.
Comparing Ashapura Minechem to its peers provides further context.
Lloyds Metals & Energy Ltd, along with MOIL Limited and Orissa Minerals Development Company Ltd, operate in related sectors. While quantitative metrics like PE ratio and ROCE offer valuable insights, assessing qualitative factors such as management quality is also vital. The perception and experience of the management team at Ashapura Minechem, relative to those at companies like Lloyds Metals & Energy Ltd, is something that contributes to investor confidence. The management's ability to navigate market volatility and execute strategic initiatives significantly influences long-term shareholder value.This financial analysis is based on observable financial data and market information. This review is part of a comprehensive 80-parameter fundamental audit, with the underlying data analysis verified by Sweta Mishra, aimed at providing a structured assessment of the company's financial standing. This analysis does not constitute financial advice and is solely for informational purposes. It presents an observation of the company's performance and market context based on publicly available information at a specific point in time. Further comprehensive investigation into sector-specific risks and opportunities is necessary to make informed investment decisions.
Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice
Ashapura Minechem Ltd Fundamental Analysis & Valuation Benchmarking
Educational evaluation of ASHAPURMIN across key market metrics for learning purposes.
Positive Indicators
8 factors identified
Strong Return on Equity (27.14%)
Observation: Efficient use of shareholders' capital generating superior returns.
Analysis: ROE >15% indicates strong profitability and effective management. This metric suggests the company can generate substantial returns on invested capital.
Excellent ROCE Performance (18.64%)
Observation: Superior returns on capital employed across business operations.
Analysis: ROCE >15% demonstrates efficient capital deployment and strong operational performance.
Robust Profit Growth (117.93%)
Observation: Strong year-over-year profit expansion demonstrates business momentum.
Analysis: Profit growth >20% indicates effective execution and market opportunity capture.
Strong Revenue Growth (57.67%)
Observation: Healthy sales growth indicates market demand and execution capability.
Analysis: Revenue growth >15% suggests strong market position and growth potential.
Consistent Growth Track Record (52.29% CAGR)
Observation: Strong 5-year sales compound annual growth rate.
Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.
Excellent EPS Growth (41.43% CAGR)
Observation: Outstanding 5-year earnings per share compound growth.
Analysis: EPS CAGR >15% indicates strong wealth creation potential.
Strong Profit Growth Track Record (43.18% CAGR)
Observation: Consistent 5-year profit compound annual growth rate.
Analysis: Profit CAGR >15% demonstrates scalable business model.
Zero Share Pledging Risk
Observation: No promoter shares pledged as collateral.
Analysis: Absence of share pledging eliminates potential forced-selling pressure.
Risk Factors
1 factors identified
Negative Free Cash Flow (₹-570.65 Cr over 5Y)
Observation: Cash outflows exceed inflows.
Analysis: Negative FCF requires analysis of capital expenditure cycle.
Ashapura Minechem Ltd Financial Statements
Comprehensive financial data for Ashapura Minechem Ltd including income statement, balance sheet and cash flow
About ASHAPURMIN (Ashapura Minechem Ltd)
Ashapura Minechem Ltd is a prominent global player in the industrial minerals sector, celebrated for its extensive portfolio and vertically integrated operations. The company delve...s deep into the earth to extract a diverse range of minerals, including bauxite, bentonite, and kaolin, transforming them into essential raw materials for a multitude of industries. With a commitment to sustainable mining practices, Ashapura navigates the delicate balance between resource extraction and environmental responsibility, ensuring a reliable supply chain for its international clientele. The company's dedication to quality control and technological innovation solidifies its position as a trusted partner for manufacturers seeking high-performance mineral solutions. Beyond basic extraction, Ashapura Minechem excels in refining and processing these raw minerals to create specialized products tailored for specific applications. Silica sand and limestone undergo meticulous treatment to meet the stringent requirements of the construction and glassmaking industries. Gypsum is transformed into building materials, fertilizers, and other essential compounds, showcasing the company's versatility. Furthermore, Ashapura demonstrates prowess in advanced materials, producing fused alumina, high alumina cement, and various refractory products. These engineered materials play crucial roles in high-temperature applications, providing durability and efficiency in demanding industrial environments. Ashapura Minechem's global footprint is a testament to its commitment to serving a worldwide market. Through strategic partnerships, efficient logistics, and responsive customer service, the company reaches diverse corners of the earth. Ashapura not only supplies mineral resources but also provides technical expertise and customized solutions to meet the unique needs of each client. The company's success is driven by its unwavering focus on innovation, sustainability, and customer satisfaction, securing its place as a leading force in the industrial minerals landscape.
Company Details
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Corporate Events
ASHAPURMIN Share Price: Frequently Asked Questions
What is the current share price of Ashapura Minechem Ltd (ASHAPURMIN)?
As of 14 Apr 2026, 11:00 am IST, Ashapura Minechem Ltd share price is ₹489.65. The ASHAPURMIN stock has a market capitalisation of ₹6.80K (Cr) on NSE/BSE.
Is ASHAPURMIN share price Overvalued or Undervalued?
ASHAPURMIN share price is currently trading at a P/E ratio of 17.06x, compared to the industry average of 19.69x. Based on this relative valuation, the Ashapura Minechem Ltd stock appears to be Undervalued against its sector peers.
What is the 52-week high and low of ASHAPURMIN share price?
The 52-week high of ASHAPURMIN share price is ₹924.90 and the 52-week low is ₹316.00. These values are updated daily from NSE/BSE price data.
What factors affect the Ashapura Minechem Ltd share price?
Key factors influencing ASHAPURMIN share price include quarterly earnings growth (Sales Growth: 57.67%), raw material costs, government infrastructure spending, and institutional flows (FII/DII holding).
Is Ashapura Minechem Ltd a good stock for long-term investment?
Ashapura Minechem Ltd shows a 5-year Profit Growth of 43.18% and an ROE of 27.14%. Long-term investors should consider these fundamentals alongside the debt-to-equity ratio of 0.86 before investing in ASHAPURMIN shares.
How does Ashapura Minechem Ltd compare with its industry peers?
Ashapura Minechem Ltd competes with major peers in the Industrial Minerals. Investors should compare ASHAPURMIN share price P/E of 17.06x and ROE of 27.14% against the industry averages to determine competitive standing.
What is the P/E ratio of ASHAPURMIN and what does it mean?
ASHAPURMIN share price has a P/E ratio of 17.06x compared to the industry average of 19.69x. Investors pay ₹17 for every ₹1 of annual earnings.
How is ASHAPURMIN performing according to Bull Run's analysis?
ASHAPURMIN has a Bull Run fundamental score of 69.7/100, indicating moderate strength with some areas for improvement. This comprehensive rating is based on 15+ financial parameters.
What sector and industry does ASHAPURMIN belong to?
ASHAPURMIN operates in the Industrial Minerals industry. This classification helps understand the competitive landscape and sector-specific trends affecting Ashapura Minechem Ltd share price.
What is Return on Equity (ROE) and why is it important for ASHAPURMIN?
ASHAPURMIN has an ROE of 27.14%, which indicates excellent management efficiency. ROE measures how efficiently Ashapura Minechem Ltd generates profits from shareholders capital.
How is ASHAPURMIN debt-to-equity ratio and what does it indicate?
ASHAPURMIN has a debt-to-equity ratio of 0.86, which indicates moderate leverage that should be monitored.
What is ASHAPURMIN dividend yield and is it a good dividend stock?
ASHAPURMIN offers a dividend yield of 0.14%, meaning you receive ₹0.14 annual dividend for every ₹100 invested in Ashapura Minechem Ltd shares.
How has ASHAPURMIN share price grown over the past 5 years?
ASHAPURMIN has achieved 5-year growth rates of: Sales Growth 52.29%, Profit Growth 43.18%, and EPS Growth 41.43%.
What is the promoter holding in ASHAPURMIN and why does it matter?
Promoters hold 47.79% of ASHAPURMIN shares, with 0.00% pledged. High promoter holding often indicates strong management confidence in Ashapura Minechem Ltd.
What is ASHAPURMIN market capitalisation category?
ASHAPURMIN has a market capitalisation of ₹6797 crores, placing it in the Mid-cap category.
How volatile is ASHAPURMIN stock?
ASHAPURMIN has a beta of N/A. A beta > 1 suggests the Ashapura Minechem Ltd stock is more volatile than the market, while a beta < 1 suggests it is less volatile.
What is ASHAPURMIN operating profit margin trend?
ASHAPURMIN has a 5-year average Operating Profit Margin (OPM) of 10.70%, indicating the company's operational efficiency.
How is ASHAPURMIN quarterly performance?
Recent quarterly performance shows Ashapura Minechem Ltd YoY Sales Growth of 57.67% and YoY Profit Growth of 117.93%.
What is the institutional holding pattern in ASHAPURMIN?
ASHAPURMIN has FII holding of 18.02% and DII holding of 0.35%. Significant institutional holding often suggests professional confidence in the Ashapura Minechem Ltd stock.