| Revenue growth | Q2 Revenue up 57% YoY; H1 up 75% to ₹2,308 Cr. |
|---|---|
| Margins | H1 EBITDA margin improved to 13.9% from 11.8% YoY. |
| Order book | 2026 production volumes fully committed; Guinea-led growth visibility. |
| Demand visibility | Strong, stable demand from China as domestic bauxite reserves deplete. |
| Management confidence | High confidence in logistics and long-term volume scaling in Guinea. |
Growth
H1 Revenue rose 75% YoY to ₹2,308 Cr. Guinea volumes doubled to 1.33 million tons this quarter.
Outlook
Targeting 15 million metric tons volume in Guinea by FY28. Guinea port expansion to 27MMT by Q2FY27.
Risks
Heavy dependence on Guinea (70% revenue); sensitivity to bauxite price indexing and ocean freight volatility.
Last quarter's promises, checked
Delivered
- Guided record Q4 Guinea exports → delivered record quarter (BEAT)
- Guided 1.33MMT Guinea volume → delivered 1.39MMT (BEAT)
- Guided 13.9% EBITDA margin → delivered 14.9% (BEAT)
Partly delivered
- Guided iron ore trials → trials progressed well but volume projection delayed to Q4 (PARTIAL)
Missed
- Guided Q3 volume targets → delivered below expectations due to monsoon (MISS)
Earnings Call filed with NSE, NSE: ASHAPURMIN. Summary written with AI assistance from the document.
Ashapura Minechem Ltd: key numbers
- Share price
- ₹506.50
- Market cap
- ₹4,838 Cr
- Revenue (annual)
- ₹5,237 Cr
- Net profit (annual)
- ₹401.4 Cr
- P/E (TTM)
- 11.9×Sector 19.0×
- Promoter holding
- 48.03%+0.00% QoQ
- FII holding
- 19.22%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Ashapura Minechem Ltd
All →Ashapura Minechem Legal & Regulatory
Ashapura Minechem received a penalty order of Rs. 0.06 Crore from the Geology and Mining Department for alleged violation of state mining transport rules.
- Value
- ₹0.06 Cr
- From
- Geology and Mining Department
Ashapura Minechem Promoter Buying (Off-Market)
Ashapura Minechem's promoter family trusts acquired shares via gift for succession planning. This off-market transfer is a family arrangement with no monetary consideration involved.
Ashapura Minechem Capital Structure Change
Eriska Investment Fund Ltd increased its stake in Ashapura Minechem Ltd to 7.29% through market purchases. This disclosure confirms a substantial acquisition of equity shares.
Ashapura Minechem Other Announcement
Ashapura Minechem Limited sent a letter to shareholders with unregistered email addresses, providing a web-link to access the Annual Report for FY 2025-26.
Ashapura Minechem Promoter Buying (Off-Market)
Himani Ankur Shah Family Trust, a promoter group entity, acquired 66,96,379 shares of Ashapura Minechem via an off-market transaction for succession planning.
- Promoter stake change
- +7.01%
Ashapura Minechem Promoter Selling (Off-Market)
Dina Chetan Shah, a promoter of Ashapura Minechem Limited, disposed of 66,96,379 shares (7.01% stake) via an off-market transfer for succession planning.