Ashapura Minechem Ltd
Next 500 2024
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OVERVIEW
FINANCIALS
About
Ashapura Minechem is a major player in the industrial minerals sector, specializing in the extraction, processing, and export of minerals such as bentonite, bauxite, and kaolin. With a strong global presence, the company supplies high-quality raw materials to industries like oil drilling, construction, and ceramics. Ashapura is committed to sustainable mining practices, ensuring minimal environmental impact while optimizing resource efficiency. Its focus on innovation and value-added mineral solutions has made it a trusted supplier for clients worldwide. Through continuous expansion and technological advancements, Ashapura remains a key contributor to India's mineral-based industrial growth.
Incorporation Year: 1982
Headquarters: Mumbai, India
Top Management: Ashwin K. Patel (MD)
Industry: Mining & Minerals
Website: ashapura.com
Featured In Fortune India Ranking
Next 500 India
#250(2024)#253(2023)#162(2022)#221(2021)#347(2019)#291(2018)#225(2015)
#250(2024)#253(2023)#162(2022)#221(2021)#347(2019)#291(2018)#225(2015)
Ranking Trend Fortune Next 500 India
Financial Data 2024
Revenue
2,834
(INR Cr)
Net Operating Income
2,654
(INR Cr)
Assets
2,064
(INR Cr)
Profit
287
(INR Cr)
Net Worth
930
(INR Cr)
Financial Data
RevenueNet Operating IncomeProfitAssetsNet Worth
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 2834 38.7% | 2043 37.3% | 1488 15.3% | 1290 56.8% | 823 25.6% | 655 -19.1% | 810 -6.4% | 866 -53.8% | 1872 7.8% | 1736 60.1% | 1084 34.4% | 807 20.0% | 673 3.0% | 653 -12.5% | 746 -24.5% | 988 - |
| Net Operating Income (INR Cr) | 2654 44.95% | 1831 43.28% | 1278 11.30% | 1148 243.42% | 334 -46.22% | 622 -21.74% | 794 -4.63% | 833 -53.09% | 1775 1.28% | 1753 61.82% | 1083 40.33% | 772 17.21% | 659 3.61% | 636 -10.92% | 714 -25.75% | 961 -44.48% |
| Profit (INR Cr) | 287 145.3% | 117 35.2% | 87 -1.1% | 87 -77.4% | 388 - | -331 - | -45 - | -19 - | 162 - | -36 - | 174 294.7% | 44 - | -34 - | -602 - | 31 - | -289 - |
| Assets (INR Cr) | 2064 19.7% | 1724 23.0% | 1402 2.5% | 1368 22.3% | 1118 1636.9% | -73 -124.0% | 303 83.8% | 165 -32.3% | 243 298.6% | 61 -69.5% | 200 41.9% | 141 35.1% | 104 -18.0% | 127 -83.6% | 778 -10.7% | 872 - |
| Net Worth (INR Cr) | 930 39.9% | 665 27.5% | 521 20.0% | 434 25.4% | 346 195.9% | -361 -665.8% | -47 -1923.6% | -2 -112.1% | 19 106.0% | -322 -221.7% | -100 64.5% | -281 19.3% | -348 -14.8% | -304 -201.6% | 299 10.6% | 270 -51.3% |
| Employee Cost (INR Cr) | 121 17.3% | 103 7.8% | 96 16.4% | 82 113.9% | 38 -33.6% | 58 -19.7% | 72 0.1% | 72 -8.2% | 78 24.5% | 63 13.6% | 55 23.9% | 45 14.4% | 39 20.3% | 33 13.3% | 29 9.7% | 26 - |
| Interest Cost (INR Cr) | 76 | 68 | 58 | 60 | 31 | 20 | 19 | 17 | 22 | 20 | 30 | 55 | 57 | 53 | 60 | 28 |
| Cash & Bank Balance (INR Cr) | 145 | 78 | 33 | 44 | 47 | 61 | 42 | 45 | 69 | 58 | 34 | 30 | 17 | 33 | 31 | 146 |
| Total Debt (INR Cr) | 984 | 758 | 639 | 664 | 441 | 209 | 185 | 144 | 204 | 188 | 285 | 412 | 448 | 427 | 479 | 601 |
Key Financial Ratios
Profit As % Of RevenuesRONW %Interest Cost to EBITDA %ROCE %Debt to Equity Ratio
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 10.1% | 5.7% | 5.8% | 6.8% | 47.1% | - | - | - | 8.7% | - | 16.1% | 5.5% | - | - | 4.1% | - |
| Profit As % Of Assets | 13.9% | 6.8% | 6.2% | 6.4% | 34.7% | - | - | - | 66.7% | - | 87.1% | 31.3% | - | - | 4.0% | - |
| Profit As % Of Networth | 30.9% | 17.6% | 16.6% | 20.1% | 111.9% | - | - | - | 842.8% | - | - | - | - | - | 10.3% | - |
| Interest Cost to EBITDA % | 30.6% | 38.5% | 56.8% | 49.0% | - | - | - | 47.2% | 9.3% | 52.1% | 12.7% | 47.5% | 110.5% | - | 114.8% | - |
| Debt to Equity Ratio | 1.06 | 1.14 | 1.23 | 1.53 | 1.27 | - | - | - | 10.58 | - | - | - | - | - | 1.60 | 2.23 |
| RONW | 24.3% | 18.5% | 15.0% | 17.4% | - | - | - | - | - | - | - | - | - | - | -12.6% | - |
| ROCE | 14.9% | 13.2% | 10.0% | 12.0% | -9.9% | 0.0% | 0.0% | 0.0% | 149.0% | 0.0% | 39.1% | 31.7% | 0.0% | 0.0% | 4.6% | 0.0% |