GBAF Logo
Global Banking & Finance Awards® 2026 Nominations open, free to enter Nominate now →
A

Ashapura Minechem ASHAPURMIN.NS · INR

Materials · NSE · 🇮🇳 India

Compare

408.85

-1.79%

Close of 9 Nov 2026, in INR

Search any instrument

Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

About Ashapura Minechem

Its shares trade on NSE under the ticker ASHAPURMIN.NS. It has been listed since 21 July 1993. In the fiscal year to 31 March 2026, it reported revenue of ₹52.37bn and net income of ₹4.01bn. At that date it held total assets of ₹46.98bn and shareholders' equity of ₹16.49bn.

Ashapura Minechem Ltd. engages in mining and exporting of minerals and its derivative products. The company is headquartered in Mumbai, Maharashtra. The firm's products include Bentonite, Bauxite, Calcined China Clay, Ground Calcium Carbonate and China Clay-Kaolin. Its products are used in a range of industries, such as manufacturing of aluminum metal, cement, iron ore pellatization, foundries, oil well drilling, paper, paints, edible oil purification, castable and hydraulic fracturing, and other. The firm's bentonite products are used in the areas of drilling, metal casting, construction and pet litter. The company offers activated bauxite for purification of lubricant oil and transformer oil. The Calcined China Clay develops various grade Kaolin products with hydrous, semi and fully calcined with specifications. The firm has activation, milling and processing plants in various locations in India. The firm has interests in Antwerp, Azerbaijan, Brazil, Nigeria and Malaysia.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Materials
Industry
Metals & Mining
Listed since
21 Jul 1993
Employees
439

Leadership

Pay as last reported

  • Shri. Chetan ShahExecutive Chairman of the Board, since 2019₹8.4m
  • Shri. Hemul ShahChief Executive Officer, Executive Director₹5.4m
  • Shri. Ashish DesaiChief Financial Officer
  • Shri. Sachin PolkeCompliance Officer, Vice President - Group Affairs, Company Secretary, since 2019
  • Smt. Himani ShahAdditional Non-Executive Non-Independent Director₹300,000
  • Mr. Pundarik SanyalNon-Executive Independent Director₹450,000
  • Smt. Neeta ShahNon-Executive Woman Independent Director₹150,000
  • Mr. Dipak VoraAdditional Non-Executive Independent Director

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Ashapura Minechem Ltd. employs 439 full-time employees in Mumbai, Maharashtra.
  • The company offers Bentonite, Bauxite, and Calcined China Clay products.
  • Ashapura Minechem has processing plants in India and interests in Antwerp, Azerbaijan, Brazil, Nigeria, and Malaysia.

Weaknesses

  • The company's products are used in aluminum metal manufacturing and cement industries.
  • Ashapura Minechem Ltd. has no mention of digital transformation initiatives.
  • The firm's operations are limited to specific mineral derivatives without diversification.

Opportunities

  • Ashapura Minechem can expand into new markets in Antwerp, Azerbaijan, Brazil, Nigeria, and Malaysia.
  • The company can leverage its activated bauxite for lubricant oil purification in growing markets.
  • Ashapura Minechem has potential to increase production of Calcined China Clay for paper and paint industries.

Threats

  • The company faces competition in the Metals & Mining sector in India.
  • Ashapura Minechem's reliance on mineral exports may be affected by global market fluctuations.
  • The firm's operations in Nigeria and Malaysia could face geopolitical risks.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.