Ashapura Minechem Key Ratios
NSE: ASHAPURMIN | BSE: 527001
₹538.15
As on 07-Sep-2026IST
Market cap
₹5,142 Cr
Revenue (TTM)
₹5,498 Cr
P/E Ratio
12.6
P/B Ratio
2.9
Div. Yield
0.4 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | -17.91 | 19.22 | 62.64 | 30.97 | 33.15 |
| EBIT | 56.11 | -3.80 | 11.88 | 38.47 | 31.08 |
| Net Profit | 4.18 | 5.00 | 18.94 | 31.29 | 29.86 |
| EPS | 4.18 | 5.00 | 17.57 | 29.21 | 27.15 |
| Book Value | -- | -- | 32.79 | 34.09 | 28.37 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| 8.54 | 6.94 | 7.57 | 8.14 | 10.93 |
| Net Margin
| 9.47 | 8.09 | 6.84 | 7.78 | 10.27 |
| Return on equity
| 30.44 | 25.63 | 26.77 | 28.81 | 26.74 |
| Return on Capital
| 20.77 | 18.44 | -- | 20.64 | 18.58 |
| Return on Assets
| 8.98 | 6.94 | 8.91 | 9.84 | 8.15 |
| Debt to Equity (x)
| -- | -- | 0.62 | 0.87 | 0.93 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ashapura Minechem
|
--
|
20.64
|
18.58
|
23.08
|
16.08
|
|
Peer Median
|
--
|
13.57
|
23.08
|
13.42
|
--
|
ROE
26.77
Higher than Peers by 14.57
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ashapura Minechem
|
26.77
|
28.81
|
26.74
|
35.76
|
18.66
|
|
Peer Median
|
12.20
|
11.62
|
18.65
|
10.39
|
--
|
ROA
8.91
Higher than Peers by 2.92
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ashapura Minechem
|
8.91
|
9.84
|
8.15
|
8.94
|
4.04
|
|
Peer Median
|
5.99
|
5.77
|
5.19
|
4.44
|
--
|
EBIT Margin
7.57
Lower than Peers by 3.46
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ashapura Minechem
|
7.57
|
8.14
|
10.93
|
6.55
|
5.66
|
|
Peer Median
|
11.04
|
20.83
|
10.66
|
9.20
|
--
|
Net Margin
6.84
Lower than Peers by 2.42
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ashapura Minechem
|
6.84
|
7.78
|
10.27
|
10.37
|
5.72
|
|
Peer Median
|
9.27
|
7.78
|
10.37
|
7.67
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ashapura Minechem
|
--
|
10.49
|
13.40
|
13.58
|
9.96
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
62.64
Higher than Peers by 51.84
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ashapura Minechem
|
62.64
|
91.21
|
3.21
|
44.95
|
43.28
|
|
Peer Median
|
10.79
|
28.59
|
4.29
|
5.62
|
--
|
EBIT Growth
11.88
Lower than Peers by 3.37
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ashapura Minechem
|
11.88
|
42.51
|
72.22
|
67.83
|
137.13
|
|
Peer Median
|
15.25
|
51.79
|
-5.45
|
43.56
|
--
|
Net Profit Growth
18.94
Higher than Peers by 5.96
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ashapura Minechem
|
18.94
|
44.07
|
2.62
|
156.71
|
26.81
|
|
Peer Median
|
12.97
|
36.25
|
10.16
|
103.51
|
--
|
EPS Growth
17.57
Lower than Peers by 1.36
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ashapura Minechem
|
17.57
|
35.70
|
-1.31
|
145.29
|
35.24
|
|
Peer Median
|
18.93
|
46.48
|
10.23
|
--
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ashapura Minechem
|
--
|
32.79
|
34.95
|
40.51
|
25.67
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.62
Higher than Peers by 0.54
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ashapura Minechem
|
0.62
|
0.87
|
0.93
|
1.07
|
1.15
|
|
Peer Median
|
0.08
|
0.34
|
0.21
|
0.33
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ashapura Minechem
|
--
|
0.25
|
0.23
|
0.19
|
0.17
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
1.36
Lower than Peers by 0.81
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ashapura Minechem
|
1.36
|
1.36
|
1.20
|
1.19
|
1.24
|
|
Peer Median
|
2.17
|
1.44
|
1.65
|
2.95
|
--
|
Quick Ratio
1.05
Lower than Peers by 0.38
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ashapura Minechem
|
1.05
|
1.05
|
0.80
|
0.86
|
0.87
|
|
Peer Median
|
1.43
|
1.36
|
1.56
|
1.20
|
--
|
Interest Coverage
4.59
Lower than Peers by 2.42
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ashapura Minechem
|
4.59
|
4.64
|
4.16
|
5.06
|
3.05
|
|
Peer Median
|
7.01
|
4.64
|
5.06
|
4.95
|
--
|
Operating Efficiency
Debtors to sales
18.21
Lower than Peers by 6.80
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ashapura Minechem
|
18.21
|
19.11
|
19.99
|
10.13
|
26.76
|
|
Peer Median
|
25.01
|
44.07
|
42.61
|
17.53
|
--
|
Asset Turnover
1.27
Higher than Peers by 0.53
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ashapura Minechem
|
1.27
|
1.24
|
0.77
|
0.84
|
0.67
|
|
Peer Median
|
0.74
|
0.84
|
0.78
|
0.86
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ashapura Minechem
|
--
|
53.96
|
54.39
|
52.17
|
79.77
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ashapura Minechem
|
--
|
43.18
|
78.27
|
72.34
|
94.21
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ashapura Minechem
|
--
|
216.40
|
452.76
|
419.35
|
386.05
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ashapura Minechem
|
--
|
-119.26
|
-320.10
|
-294.83
|
-212.07
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
12.64
Lower than Peers by 0.59
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ashapura Minechem
|
12.64
|
10.96
|
11.61
|
11.97
|
8.75
|
|
Peer Median
|
13.23
|
13.23
|
12.56
|
23.40
|
--
|
Price / Book Value
2.94
Higher than Peers by 1.02
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ashapura Minechem
|
2.94
|
2.67
|
2.76
|
3.73
|
1.56
|
|
Peer Median
|
1.91
|
1.91
|
1.66
|
3.44
|
--
|
Dividend Yield
0.37
No difference
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ashapura Minechem
|
0.37
|
0.43
|
0.28
|
--
|
--
|
|
Peer Median
|
0.37
|
0.37
|
--
|
0.20
|
--
|
EV/EBITDA
9.27
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ashapura Minechem
|
9.27
|
8.13
|
9.89
|
13.59
|
6.49
|
|
Peer Median
|
--
|
14.20
|
22.30
|
20.99
|
--
|
Market Cap
5,142
Higher than Peers by 4,420
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ashapura Minechem
|
5,142
|
4,401
|
3,434
|
3,435
|
1,024
|
|
Peer Median
|
722
|
536
|
427
|
500
|
--
|