Ashapura Minechem Ltd has rescheduled its analyst and investor meeting to Tuesday, June 30, 2026, from the previously planned date of Wednesday, June 24, 2026, due to unavoidable exigencies. The interaction aims to provide participants with an update on the company's operations and performance, though no unpublished price sensitive information will be disclosed during the session.

The meeting details were communicated to the stock exchanges in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was made under clause 15 of Para A of Part A of Schedule III of the said regulations.

The company noted that the existing schedule of the meeting is subject to change due to any unforeseen exigencies on the part of the organizers, participants, or the company. The announcement has been made available on the official website of Ashapura Minechem.

Ashapura Minechem Limited expects its bauxite export volumes to reach between 10 and 12 million tons in FY27, scaling up to a target of 15 million tons by FY28. This guidance was provided by the management during the Q4 and FY26 earnings conference call held on June 4, 2026. The company anticipates that a proposed bauxite quota system by the Guinea government will curb exports from larger players and positively impact smaller companies like Ashapura by potentially improving prices and reducing freight costs.

For the financial year ended March 31, 2026, the company reported a 91.2% year-on-year increase in consolidated revenue from operations to ₹5,237.13 crore. Net profit rose 44% to ₹416.47 crore. The Guinea business was the primary growth driver, generating a turnover of approximately ₹4,200 crore during the year. However, Q4 EBITDA margins contracted to 6.54% from 15.23% year-on-year, impacted by rising fuel costs and ocean freight due to geopolitical unrest.

Operational Outlook

Management highlighted that the Guinea government plans to implement a bauxite quota system, which is expected to be announced soon. This system is likely to reduce the overall export volume from Guinea, thereby easing freight costs and improving net realizations for existing players. The company is expanding its port facilities, with capacity expected to increase from 15 million tons to 20 million tons by the end of the year. Additionally, Ashapura is exploring the iron ore business, with plans to set up beneficiation plants to enhance the quality of low-grade ore for export.

Financial Guidance and Capex

The Board has recommended a final dividend of 100%, or ₹2 per equity share, for FY26, subject to shareholder approval. For the India business, the company plans a capital expenditure of approximately ₹150 crore over the next year to upgrade plant facilities and add new products. Management stated that the company currently enjoys a tax holiday in Guinea until it recovers its investment, which is expected to last for at least the next one to two years.

The table below summarises the key consolidated annual financial metrics: