Ashapura Minechem Ltd Share Price – NSE /  BSE

Mining & Mineral products, Small Cap

Ashapura Minechem announced that the Board of Directors of the Company at its meeting held on 28 May 2026, inter alia, have recommended the final dividend of Rs 2 per equity Share (i.e. 100%) , subject to the approval of the shareholders.

On a year on year (YoY) basis, the company?s consolidated net profit climbed 53.58% while revenue from operations surged 254.55% in Q4 FY26.

Profit before tax (PBT) stood at Rs 146.77 crore, up 74.06% YoY and up 73.16% QoQ. EBITDA stood at Rs 210.7 crore in Q4 FY26, up 47.3% compared with Rs 143.1 crore in Q3 FY26.

The company said its Guinea business, comprising bauxite and iron ore operations, delivered significant volume growth during the quarter. Bauxite export volumes from Guinea rose to 3.16 million metric tonnes (MMT) in Q4 FY26 from 1.39 MMT in Q3 FY26. According to the company, the sharp rise in volumes led to more than 100% growth in topline performance on a sequential basis. However, margins remained under pressure due to higher fuel costs and elevated ocean freight rates amid ongoing geopolitical tensions.

The company?s India businesses which includes Bentonite and Allied Minerals, White Performance Materials and Others and Advanced Ceramic Materials business, witnessed a moderation in profitability during Q4.

The company stated that in Bentonite and Allied Minerals, White Performance Materials and Others business margins were impacted by a rise in input costs along with a change in the sales mix, driven by a higher proportion of lower-margin products. The profitability of Specialty Adsorbent Solutions business was adversely affected by a sharp increase in sulphuric acid prices, which is a key raw material used in the acid activation process for bleaching clay and Advanced Ceramic Materials business remained largely stable during the quarter.

Meanwhile, the company?s board recommended final dividend of Rs 2 per equity share on face value of Rs 2.00 each for the financial year 2025-2026.

Ashapura Minechem is engaged in the mining, manufacturing and trading of various minerals and its derivative products and related services.

Powered by Capital Market - Live News

Net profit of Ashapura Minechem rose 28.03% to Rs 110.73 crore in the quarter ended March 2026 as against Rs 86.49 crore during the previous quarter ended March 2025. Sales rose 254.55% to Rs 1968.63 crore in the quarter ended March 2026 as against Rs 555.24 crore during the previous quarter ended March 2025.

For the full year,net profit rose 35.70% to Rs 401.42 crore in the year ended March 2026 as against Rs 295.81 crore during the previous year ended March 2025. Sales rose 91.21% to Rs 5237.13 crore in the year ended March 2026 as against Rs 2738.93 crore during the previous year ended March 2025.

Powered by Capital Market - Live News

Ashapura Minechem will hold a meeting of the Board of Directors of the Company on 28 May 2026.