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Ashapura Minechem Ltd

ASHAPURMIN

Ashapura Minechem Ltd

ASHAPURMIN
MaterialsMetals - Diversified
SmallcapWith a market cap of ₹3,212 cr, stock is ranked 922
High RiskStock is 3.80x as volatile as Nifty
324.953.36% (-11.30)
324.953.36% (-11.30)

Price Chart

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1W
1M
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Max
SIP
MaterialsMetals - Diversified
SmallcapWith a market cap of ₹3,212 cr, stock is ranked 922
High RiskStock is 3.80x as volatile as Nifty
Scorecard

Performance

Avg

Price return has been average, nothing exciting

Valuation

High

Seems to be overvalued vs the market average

Growth

Avg

Financials growth has been moderate for a few years

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Avg

The stock is overpriced but is not in the overbought zone

Red flags

Low

No red flag found

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MaterialsMetals - Diversified
SmallcapWith a market cap of ₹3,212 cr, stock is ranked 922
High RiskStock is 3.80x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
13.184.89
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
31.903.661.24%

Forecast & Ratings

Detailed Forecast 
Forecast data is currently unavailable for this stock

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

Ashapura Minechem Limited is a mine owner and exporter of bentonite. The primary products of the Company include bentonite, bauxite, kaolin, other minerals, value added products and iron ore.

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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Higher than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 34.04%, vs industry avg of 9.04%

Increasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share increased from 0.57% to 1.61%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue1,799.73861.30829.63650.36833.161,240.861,389.821,934.632,814.062,554.59
Raw Materialssubtract458.99286.02293.91263.64143.43339.67431.25570.382,407.652,197.82
Power & Fuel Costsubtract32.9622.4727.8443.0335.0672.7169.7663.70
Employee Costsubtract78.3771.9472.0357.8438.4282.1795.64103.08
Selling & Administrative Expensessubtract929.57326.48260.22159.2760.58455.50494.62817.93
Operating & Other expensessubtract35.7090.31151.09395.61113.9875.7484.7799.64
Depreciation/Amortizationsubtract43.8648.4138.5132.5228.3944.9658.1372.5678.6377.22
Interest & Other Itemssubtract22.3716.8519.2320.1631.1459.9657.8667.8769.7267.19
Taxes & Other Itemssubtract35.5817.7011.979.31-5.5222.6611.2822.46-28.94-31.44
EPS18.66-2.17-5.19-38.0544.5710.069.6912.7931.3726.65
DPS0.000.000.000.000.000.500.500.000.000.00
Payout ratio0.000.000.000.000.000.050.050.000.000.00

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange

Peers & Comparison

Comparing 3 stocks from 
MaterialsMetals - Diversified

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Ashapura Minechem Ltd11.194.89
Vedanta Ltd42.324.266.12%
NLC India Ltd20.322.141.10%
Mishra Dhatu Nigam Ltd86.916.210.33%

Price Comparison

Compare ASHAPURMIN with any stock or ETF
Compare ASHAPURMIN with any stock or ETF
ASHAPURMIN
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Shareholdings

Promoter Holdings Trend

Increased Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has increased by 2.31%

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding47.70%0.32%0.08%15.53%36.37%

Dec 2023

Mar 2024

Jun 2024

Aug 2024

Shareholding History

JunSepDec '23MarJunAug17.10%18.03%17.57%17.20%16.45%15.53%

Mutual Funds Holding Trend

Mutual Fund Holding

Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has almost stayed constant

Top 1 Mutual Funds holding Ashapura Minechem Ltd


Funds (Top 1)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
Quant Commodities Fund - Direct Plan - Growth

Growth
0.2440%1.75%-0.30%23/35 (-5)

Compare 3-month MF holding change on Screener

Insider Trades & Bulk Deals

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smallcases

Looks like this stock is not in any smallcase yet.

Events

Dividend Trend

No dividend trend available

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

Cash Dividend

Ex DateEx DateSep 21, 2022

Final
Final | Div/Share: ₹0.50

Dividend/Share

0.50

Ex DateEx Date

Sep 21, 2022

Cash Dividend

Ex DateEx DateSep 21, 2021

Final
Final | Div/Share: ₹0.50

Dividend/Share

0.50

Ex DateEx Date

Sep 21, 2021

News & Opinions
Earnings
Ashapura Minechem consolidated net profit declines 42.06% in the June 2024 quarter

Net profit of Ashapura Minechem declined 42.06% to Rs 59.57 crore in the quarter ended June 2024 as against Rs 102.81 crore during the previous quarter ended June 2023. Sales declined 29.84% to Rs 714.16 crore in the quarter ended June 2024 as against Rs 1017.96 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales714.161017.96 -30 OPM %12.1810.76 - PBDT73.82122.23 -40 PBT56.96103.97 -45 NP59.57102.81 -42 Powered by Capital Market - Live

1 week agoCapital Market - Live
Corporate
Ashapura Minechem to convene board meeting

Ashapura Minechem will hold a meeting of the Board of Directors of the Company on 13 August 2024.Powered by Capital Market - Live

2 weeks agoCapital Market - Live

Shashijit Infraprojects Ltd leads losers in ‘B’ group

1 month agoBusiness Standard

Corporates rush with warrant offers as valuations take beating

1 year agoEconomic Times

Ucal Fuel Systems Ltd leads gainers in ‘B’ group

1 year agoBusiness Standard

Ashapura Minechem reports consolidated net profit of Rs 32.76 crore in the December 2022 quarter

1 year agoBusiness Standard

Board of Ashapura Minechem approves issue of convertible warrants to promoters

1 year agoBusiness Standard

Genus Paper & Boards Ltd leads gainers in ‘B’ group

2 years agoBusiness Standard

Ashapura Minechem Ltd leads gainers in ‘B’ group

2 years agoBusiness Standard

Ashapura Minechem reports consolidated net loss of Rs 20.11 crore in the December 2021 quarter

2 years agoBusiness Standard