Ashapura Minechem Ltd

Ashapura Minechem Ltd

Next 500 2024
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+ 6 More
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
PARAMETERS2024202320222021202020192018201720162015201420132012201120102009
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)
76685860312019172220305557536028
Cash & Bank Balance
(INR Cr)
1457833444761424569583430173331146
Total Debt
(INR Cr)
984758639664441209185144204188285412448427479601

Key Financial Ratios

Profit As % Of RevenuesRONW %Interest Cost to EBITDA %ROCE %Debt to Equity Ratio
PARAMETERS2024202320222021202020192018201720162015201420132012201120102009
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 1.061.141.231.531.27---10.58-----1.602.23
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%