Ashapura Minechem
867.00
+4.30(+0.50%)
Market Cap₹8,282.11 Cr
PE Ratio20.38
Company Performance:
1D+0.50%
1M+26.63%
6M+93.10%
1Y+78.89%
5Y+558.31%
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More news about Ashapura Minechem
16Oct 25
Ashapura Minechem Undergoes Income Tax Department Search, Operations Unaffected
Ashapura Minechem Ltd. underwent a search operation by the Income Tax Department at its registered office from October 13-16, 2025. The authorities seized certain records and electronic data, and recorded statements from company officials. Ashapura Minechem has assured stakeholders that its business operations remain unaffected and that no violations have been alleged. The company fully cooperated with the authorities and promptly disclosed the event to stock exchanges in compliance with SEBI regulations.
01Oct 25
Ashapura Minechem to Acquire Complete Stake in UAE Subsidiary for Operational Streamlining
Ashapura Minechem Limited plans to acquire the entire stake in its step-down subsidiary, Ashapura Holdings (UAE) FZE (AHUF). The acquisition involves purchasing 3,000 shares at AED 1,000 each, totaling AED 3,000,000. This move aims to streamline operations and restructure the company's presence in the UAE. AHUF will become a direct wholly-owned subsidiary of Ashapura Minechem. The transaction is expected to be completed within two months and is classified as a related party transaction.
01Oct 25
Ashapura Minechem Promoter Chetan Navnitlal Shah Boosts Stake Through Gift Acquisition
Chetan Navnitlal Shah, a key promoter of Ashapura Minechem Limited, acquired 35,000 equity shares through a gift transaction on September 29, 2025. This increased his shareholding from 14.28% (1,36,38,814 shares) to 14.31% (1,36,73,814 shares) of the company's total share capital. The company disclosed this change in promoter shareholding to stock exchanges on October 1, 2025, in compliance with SEBI regulations.
09Sept 25
Ashapura Minechem Reports 89.8% Revenue Surge in Q1, Driven by Guinea Bauxite Operations
Ashapura Minechem Limited posted robust Q1 results with consolidated revenue of INR 1,355.00 crores, up 89.8% year-on-year. Guinea bauxite operations contributed 79.3% of total revenue. EBITDA grew 106.8% to INR 187.73 crores, with margins expanding to 13.85%. The company exported over 2 million metric tons of bauxite from Guinea in Q1. Future plans include expanding Guinea bauxite exports to 15 million tons by FY27-28 and increasing port capacity to 27 million tons by Q1 FY27. Indian operations focus on value-added mineral products, with the company being the largest bentonite producer in India.
04Sept 25
Ashapura Minechem Conducts Maiden Earnings Conference Call, Enhancing Investor Communication
Ashapura Minechem conducted its inaugural earnings conference call on September 04, 2025, discussing Q1-FY2026 performance. The call lasted 1 hour 10 minutes, with participation from funds, investors, and analysts. The company made the audio recording available on its website and informed stock exchanges about the call's outcome, adhering to SEBI regulations. No unpublished price sensitive information was shared during the call.
28Aug 25
Ashapura Minechem Schedules Maiden Earnings Conference Call for Q1-FY2026 Results
Ashapura Minechem Ltd. has scheduled its first-ever earnings conference call for September 4, 2025, from 4:00 p.m. to 4:45 p.m. IST. The call will discuss Q1 FY2026 operational and financial performance. Key participants include Chairman Chetan Shah, Promoter Group member Manan Shah, CFO Ashish Desai, and Company Secretary Sachin Polke. Various access options are provided for investors and analysts, including primary numbers and international toll-free numbers. This initiative aligns with regulatory requirements and aims to enhance investor communication and transparency.
18Aug 25
Ashapura Minechem Corrects Q1 Results, Reports 89.81% Revenue Surge
Ashapura Minechem issued a correction to its Q1 FY 2025-26 results, showing significant growth. Income from operations rose 89.81% to Rs. 1,355.57 crores, EBIDTA increased 106.77% to Rs. 187.73 crores, and Profit Before Tax grew 102.50% to Rs. 131.84 crores. The company reported record bauxite exports of 2.05 MMT from Guinea operations. All business verticals in India saw growth in volume and revenue. The company plans to enhance investor communication with periodic updates and an upcoming investor call.
09Jul 25
Ashapura Minechem Settles Tax Dispute, Reclaims ₹259.20 Crore in Losses
Ashapura Minechem has successfully settled a tax dispute with authorities, resulting in the restoration of ₹259.20 crore in previously disallowed losses. This resolution is expected to positively impact the company's financial position, potentially leading to improved financial statements and future tax benefits. The settlement demonstrates the company's effective management of complex financial matters and commitment to resolving outstanding issues.
08Jul 25
Ashapura Minechem Resolves Tax Dispute, Recovers ₹259.20 Crore
Ashapura Minechem, a key player in the mining and minerals industry, has successfully resolved a longstanding tax dispute, resulting in a significant financial recovery of ₹259.20 crore. This resolution is expected to positively impact the company's financial position, potentially strengthening its balance sheet and improving overall financial health. The recovered funds could be used for debt reduction, operational improvements, business expansion, or enhancing shareholder value. This development may set a precedent for other companies in the sector facing similar challenges.
30May 25
Ashapura Minechem Reports Strong Q4 Performance, Declares Dividend
Ashapura Minechem Ltd. announced impressive Q4 financial results, with revenue increasing 28.41% to ₹565.00 crore. EBITDA rose 74.59% to ₹84.50 crore, and net profit grew 26.28% to ₹86.50 crore year-over-year. The company's EBITDA margin improved to 14.96%. A dividend of ₹1.00 per share was declared. However, net profit decreased quarter-on-quarter from ₹105.00 crore in Q3 to ₹86.50 crore in Q4. The company's financial data shows a consistent upward trend throughout the fiscal year, with Q4 FY2024 being particularly strong.
Ashapura Minechem
867.00
+4.30
(+0.50%)
1 Year Returns:+78.89%
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