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Change
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Day Open
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Day High
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Day Low
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NSE Close — 25 Sep 2026
₹506.5
Change
-4.25 (-0.83%)
Open
₹513.0
Prev. Close
₹510.75
Day High
₹514.85
Day Low
₹505.05
Volume Analysis
Traded
168,617
Delivered
89,075
Delivery %
52.83%
End-of-day NSE price via the official Bhavcopy — updated once daily after market close, not a live tick.
Strengths, Weaknesses, Opportunities & Threats
Strengths (2)
- •Strong return on equity (28.0%)
- •Promoter holding is rising
Weaknesses (0)
No signal for this stock
Opportunities (3)
- •Strong 3-year EPS growth (48.7%)
- •Strong 3-year revenue growth (42.0%)
- •FII holding has been rising
Threats (0)
No signal for this stock
Rule-based signals from the fundamentals below — not investment advice.
Pivot Levels
| Type | R3 | R2 | R1 | Pivot | S1 | S2 | S3 |
|---|---|---|---|---|---|---|---|
| Classic | ₹522.35 | ₹518.6 | ₹512.55 | ₹508.8 | ₹502.75 | ₹499.0 | ₹492.95 |
| Fibonacci | ₹518.6 | ₹514.86 | ₹512.54 | ₹508.8 | ₹505.06 | ₹502.74 | ₹499.0 |
| Camarilla | ₹509.2 | ₹508.3 | ₹507.4 | ₹508.8 | ₹505.6 | ₹504.7 | ₹503.81 |
Support/resistance levels for today, calculated from the previous trading day's high/low/close.
Absolute Returns
YTD
-41.26%
1 Week
-4.84%
1 Month
-12.99%
3 Months
-23.39%
6 Months
+4.13%
1 Year
-22.61%
2Y/3Y/5Y not shown yet — price history tracking only goes back to mid-2025 so far.
Stock Vitals
Computed from the latest available annual financials.
Graham Number
₹404.43
Current price is above the Graham Number — Benjamin Graham's estimate of fair value based on earnings and book value.
DuPont ROE Breakdown
23.66%
Net margin 7.48% × asset turnover 1.11x × equity multiplier 2.85x
Company Overview
Sector
Metals & Mining
Market Cap
₹4,868 Cr
P/E (TTM)
11.8
ROE
28.0%
Book Value
₹173.0
Face Value
₹2.0
Source: Screener.in (Consolidated figures) — data as of 25 Sep 2026. Not investment advice.
TopFund Analysis
Ashapura Minechem Ltd lands in the middle of the pack on TopFund's composite fundamentals check within the Metals & Mining sector, at 62/100. The strongest factor is Growth (100/100), while Momentum (12/100) is the weakest area to weigh before deciding. Notably: Strong return on equity (28.0%); promoter holding is rising. Strong 3-year EPS growth (48.7%).
TopFund Score — Fundamentals Quality
62/100 — AverageData confidence: 79/100 (Moderate Confidence) — based on how complete and how fresh the underlying data is.
As of 27 Sep 2026 · How we calculate this →
Financial Strength
Growth
Valuation
Cash Flow
Corporate Governance
Momentum
Institutional Ownership
Business Quality
Risk & Volatility
Liquidity
From Screener.in
- +Company is expected to give good quarter
- +Company has delivered good profit growth of 43.0% CAGR over last 5 years
- +Company has a good return on equity (ROE) track record: 3 Years ROE 27.0%
- −Tax rate seems low
Not investment advice — an automated read of public fundamentals data, for research context only.
Corporate Actions
Geology and Mining Department order dated 22 Sept 2026 requires Rs. 6,13,173 payment.
Promoter-family off-market transfer of 66,96,379 shares on 1 September 2026 under SEBI exemption.
Newspaper Advertisement pertaining to loss of share certificate
Eriska Investment Fund raised Ashapura Minechem stake to 7.2916% by 16 September 2026.
Ashapura Minechem recommends Rs 2 final dividend; record date 22 Sept 2026, with TDS details shared.
Source: BSE regulatory filings, via Screener.in.
Quarterly Results
Last several quarters
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 1,018 | 554 | 713 | 440 | 714 | 604 | 865 | 555 | 1,356 | 952 | 960 | 1,969 | 1,616 |
| Expenses + | 908 | 524 | 655 | 392 | 627 | 540 | 731 | 471 | 1,174 | 822 | 846 | 1,841 | 1,435 |
| Operating Profit | 110 | 30 | 58 | 48 | 87 | 64 | 135 | 84 | 182 | 131 | 114 | 128 | 181 |
| OPM % | 11.0% | 6.0% | 8.0% | 11.0% | 12.0% | 11.0% | 16.0% | 15.0% | 13.0% | 14.0% | 12.0% | 6.0% | 11.0% |
| Other Income + | 31 | 32 | 39 | 59 | 4 | 10 | 20 | 56 | 12 | 12 | 28 | 88 | 14 |
| Interest | 20 | 12 | 22 | 16 | 17 | 19 | 23 | 30 | 31 | 29 | 24 | 34 | 29 |
| Depreciation | 18 | 19 | 20 | 21 | 17 | 20 | 12 | 29 | 32 | 32 | 34 | 35 | 37 |
| Profit before tax | 103 | 31 | 54 | 70 | 57 | 36 | 119 | 82 | 132 | 81 | 85 | 147 | 130 |
| Tax % | 6.0% | 12.0% | 15.0% | 13.0% | 8.0% | -20.0% | 10.0% | 7.0% | 14.0% | -30.0% | 10.0% | 18.0% | 17.0% |
| Net Profit + | 102 | 58 | 54 | 67 | 60 | 43 | 108 | 79 | 114 | 106 | 76 | 121 | 108 |
| EPS in Rs | 11 | 6 | 6 | 7 | 7 | 5 | 11 | 9 | 12 | 10 | 9 | 12 | 12 |
| Raw PDF | — | — | — | — | — | — | — | — | — | — | — | — | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Profit & Loss (Yearly)
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 1,753 | 1,775 | 833 | 794 | 622 | 334 | 1,148 | 1,278 | 1,831 | 2,654 | 2,739 | 5,237 | 5,498 |
| Expenses + | 1,483 | 1,535 | 794 | 790 | 626 | 380 | 1,026 | 1,176 | 1,653 | 2,401 | 2,362 | 4,682 | 4,943 |
| Operating Profit | 270 | 240 | 39 | 4 | -4 | -45 | 122 | 102 | 178 | 252 | 377 | 555 | 554 |
| OPM % | 15.0% | 14.0% | 4.7% | 0.6% | -0.7% | -14.0% | 11.0% | 8.0% | 10.0% | 10.0% | 14.0% | 11.0% | 10.0% |
| Other Income + | -225 | 24 | 25 | 20 | -265 | 487 | 93 | 112 | 102 | 211 | 101 | 140 | 142 |
| Interest | 20 | 22 | 17 | 19 | 20 | 31 | 60 | 58 | 68 | 76 | 96 | 118 | 116 |
| Depreciation | 35 | 44 | 48 | 39 | 33 | 28 | 45 | 58 | 73 | 79 | 78 | 133 | 138 |
| Profit before tax | -9 | 198 | -1 | -33 | -322 | 382 | 110 | 98 | 139 | 309 | 304 | 445 | 443 |
| Tax % | 315.0% | 23.0% | 1,502.0% | 36.0% | 2.0% | 0.0% | 21.0% | 12.0% | 21.0% | 9.0% | 5.0% | 6.0% | — |
| Net Profit + | -36 | 162 | -19 | -45 | -327 | 383 | 87 | 87 | 110 | 282 | 289 | 416 | 411 |
| EPS in Rs | -4 | 19 | -2 | -5 | -38 | 45 | 10 | 9 | 13 | 31 | 31 | 42 | 43 |
| Dividend Payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 5.0% | 5.0% | 0.0% | 0.0% | 3.0% | 5.0% | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Reserves | -162 | 2 | -20 | -65 | -378 | 329 | 417 | 503 | 646 | 912 | 1,223 | 1,630 |
| Borrowings + | 188 | 204 | 144 | 185 | 209 | 441 | 664 | 639 | 758 | 984 | 1,163 | 1,444 |
| Other Liabilities + | 1,092 | 1,207 | 1,163 | 1,148 | 1,203 | 1,033 | 1,135 | 1,264 | 1,627 | 1,397 | 1,526 | 1,605 |
| Total Liabilities | 1,136 | 1,430 | 1,305 | 1,286 | 1,051 | 1,820 | 2,233 | 2,424 | 3,050 | 3,311 | 3,931 | 4,698 |
| Fixed Assets + | 333 | 345 | 336 | 308 | 254 | 544 | 527 | 539 | 584 | 577 | 1,349 | 1,499 |
| CWIP | 29 | 110 | 5 | 21 | 9 | 54 | 204 | 254 | 262 | 504 | 55 | 51 |
| Investments | 63 | 146 | 243 | 267 | 180 | 274 | 290 | 268 | 288 | 321 | 344 | 371 |
| Other Assets + | 711 | 828 | 721 | 689 | 608 | 947 | 1,212 | 1,363 | 1,915 | 1,909 | 2,181 | 2,778 |
| Total Assets | 1,136 | 1,430 | 1,305 | 1,286 | 1,051 | 1,820 | 2,233 | 2,424 | 3,050 | 3,311 | 3,931 | 4,698 |
| Equity Capital | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 18 | 18 | 18 | 19 | 19 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Cash Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 186 | 231 | 72 | -18 | -217 | 16 | -20 | 114 | 97 | 148 | 188 | 463 |
| Cash from Investing Activity + | -98 | -208 | -30 | -20 | 160 | -156 | -168 | -63 | -130 | -274 | -392 | -271 |
| Cash from Financing Activity + | -70 | -14 | -43 | 36 | 68 | 131 | 182 | -60 | 80 | 191 | 178 | 14 |
| Net Cash Flow | 18 | 9 | -1 | -2 | 11 | -9 | -5 | -9 | 47 | 65 | -25 | 206 |
| CFO/OP | 78 | 108 | 282 | -97 | 4,688 | -39 | -5 | 127 | 65 | 76 | 61 | 88 |
| Free Cash Flow | 83 | 93 | 36 | -45 | -221 | -3 | -196 | -2 | -36 | -125 | -208 | 184 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Shareholding Pattern
Quarter-by-quarter — Promoters, FII, DII & public holding trend
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Public | 36.44% | 36.92% | 36.89% | 37.71% | 36.44% | 36.14% | 35.31% | 35.57% | 33.83% | 32.49% | 32.13% | 32.34% |
| Promoters | 45.33% | 45.33% | 45.39% | 45.39% | 47.7% | 47.7% | 47.76% | 47.76% | 47.79% | 47.88% | 48.03% | 48.04% |
| FII | 18.03% | 17.56% | 17.24% | 16.45% | 15.72% | 16.0% | 16.56% | 16.42% | 18.02% | 19.25% | 19.5% | 19.22% |
| DII | 0.19% | 0.18% | 0.48% | 0.45% | 0.13% | 0.14% | 0.38% | 0.26% | 0.35% | 0.38% | 0.33% | 0.4% |
Source: Screener.in — quarterly shareholding disclosures.
Peers Comparison
Metals & Mining — ranked by market cap
| Company | Market Cap (Cr) | P/E | P/B | ROE |
|---|---|---|---|---|
| Ashapura Minechem Ltd (this stock) | 4,868 | 11.8 | 2.95 | 28.0% |
| Moil Limited | 4,922 | 47.4 | 2.12 | 8.31% |
| Deccan Gold Mines Ltd. | 4,418 | — | 8.84 | -17.2% |
| Jai Balaji Industries Ltd | 5,933 | 20.3 | 2.66 | 30.7% |
| Pondy Oxides & Chem Ltd | 3,561 | 24.9 | 4.53 | 19.2% |
| Indian Metals & Ferro | 6,642 | 12.7 | 2.46 | 16.8% |
| Maithan Alloys Ltd | 2,785 | 9.59 | 0.67 | 0.54% |
Which Mutual Funds Hold Ashapura Minechem Ltd?
Frequently Asked Questions about Ashapura Minechem Ltd
Ashapura Minechem Ltd (ASHAPURMIN) closed at ₹506.5 on NSE on 25 September 2026, down 4.25 (0.83%) from the previous close.
Ashapura Minechem Ltd trades on the NSE (National Stock Exchange of India) under the symbol ASHAPURMIN.
Ashapura Minechem Ltd has a trailing twelve-month P/E (price-to-earnings) ratio of 11.8.
Ashapura Minechem Ltd has a dividend yield of 0.39%.
Ashapura Minechem Ltd's 52-week high is ₹925.0 and its 52-week low is ₹455.0.
Ashapura Minechem Ltd has a market capitalisation of ₹4,868 crore.
Ashapura Minechem Ltd has a TopFund Quality Score of 62/100 (Average), a composite of profitability, balance-sheet health, growth and valuation. This is an analytical score based on public data, not personalized investment advice — see the full breakdown below before deciding.
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