Ashapura Minechem Limited Net Assets
Ashapura Minechem Limited net assets. Based on the latest financial reports, Ashapura Minechem Limited (ASHAPURMIN) has net assets worth Rs16.45 Billion INR (≈ $177.88 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs46.98 Billion ≈ $508.08 Million USD) and total liabilities (Rs30.53 Billion ≈ $330.20 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore how fast is Ashapura Minechem Limited growing its equity to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs16.45 Billion |
| % of Total Assets | 35.01% |
| Annual Growth Rate | 16.21% |
| 5-Year Change | 215.69% |
| 10-Year Change | N/A |
| Growth Volatility | 92.45 |
Net Assets of Ashapura Minechem Limited (2005–2026)
Net assets of Ashapura Minechem Limited from 2005 to 2026. This chart illustrates how Ashapura Minechem Limited's net assets have evolved over time, based on quarterly financial data. See ASHAPURMIN net asset quality score to measure how much of total assets are equity-financed.
Annual Net Assets for Ashapura Minechem Limited (2005–2026)
The table below shows the annual net assets of Ashapura Minechem Limited from 2005 to 2026. For live market cap and overall valuation, see ASHAPURMIN market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs16.45 Billion ≈ $177.88 Million |
+34.55% |
| 2025-03-31 | Rs12.23 Billion ≈ $132.21 Million |
+33.28% |
| 2024-03-31 | Rs9.17 Billion ≈ $99.20 Million |
+39.57% |
| 2023-03-31 | Rs6.57 Billion ≈ $71.08 Million |
+26.14% |
| 2022-03-31 | Rs5.21 Billion ≈ $56.35 Million |
+20.02% |
| 2021-03-31 | Rs4.34 Billion ≈ $46.95 Million |
+25.43% |
| 2020-03-31 | Rs3.46 Billion ≈ $37.43 Million |
+215.80% |
| 2019-03-31 | Rs-2.99 Billion ≈ $-32.32 Million |
-533.80% |
| 2018-03-31 | Rs-471.55 Million ≈ $-5.10 Million |
-1922.16% |
| 2017-03-31 | Rs-23.32 Million ≈ $-252.19K |
-112.09% |
| 2016-03-31 | Rs192.83 Million ≈ $2.09 Million |
+113.37% |
| 2015-03-31 | Rs-1.44 Billion ≈ $-15.59 Million |
-44.64% |
| 2014-03-31 | Rs-996.84 Million ≈ $-10.78 Million |
+64.53% |
| 2013-03-31 | Rs-2.81 Billion ≈ $-30.39 Million |
+19.27% |
| 2012-03-31 | Rs-3.48 Billion ≈ $-37.64 Million |
-14.76% |
| 2011-03-31 | Rs-3.03 Billion ≈ $-32.80 Million |
-201.20% |
| 2010-03-31 | Rs3.00 Billion ≈ $32.41 Million |
+10.57% |
| 2009-03-31 | Rs2.71 Billion ≈ $29.32 Million |
-63.70% |
| 2008-03-31 | Rs7.47 Billion ≈ $80.76 Million |
+84.26% |
| 2007-03-31 | Rs4.05 Billion ≈ $43.83 Million |
+180.43% |
| 2006-03-31 | Rs1.45 Billion ≈ $15.63 Million |
+105.96% |
| 2005-03-31 | Rs701.68 Million ≈ $7.59 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Ashapura Minechem Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Ashapura Minechem Limited Net Assets Breakdown (March 2026)
Ashapura Minechem Limited net assets breakdown by equity component as of March 2026.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs191.10 Million | 1.16% |
| Other Components | Rs16.30 Billion | 98.84% |
| Total Equity | Rs16.49 Billion | 100.00% |
Ashapura Minechem Limited Competitors by Market Cap
The table below lists competitors of Ashapura Minechem Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Miwon Specialty Chemical Co Ltd
KO:268280
|
$431.40 Million |
|
Excelsior Medical Co Ltd
TW:4104
|
$431.45 Million |
|
Trade-Van Information Services Co
TW:6183
|
$431.47 Million |
|
Costamare Bulkers Holdings Limited
NYSE:CMDB
|
$431.49 Million |
|
Fibra Shop
MX:FSHOP13
|
$431.27 Million |
|
MPS Limited
NSE:MPSLTD
|
$431.27 Million |
|
Zhejiang Runyang New Material Technology Co. Ltd.
SHE:300920
|
$431.24 Million |
|
Hinova Pharmaceuticals Inc. A
SHG:688302
|
$431.20 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ashapura Minechem Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 12,420,207,000 to 16,492,900,000, a change of 4,072,693,000 (32.8%).
- Net income of 4,014,200,000 contributed positively to equity growth.
- Dividend payments of 94,300,000 reduced retained earnings.
- Other comprehensive income increased equity by 215,549,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs4.01 Billion | +24.34% |
| Dividends Paid | Rs94.30 Million | -0.57% |
| Other Comprehensive Income | Rs215.55 Million | +1.31% |
| Other Changes | Rs-62.76 Million | -0.38% |
| Total Change | Rs- | 32.79% |
Book Value vs Market Value Analysis
This analysis compares Ashapura Minechem Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.42x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 38.21x to 2.42x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-03-31 | Rs10.93 | Rs417.55 | x |
| 2006-03-31 | Rs22.28 | Rs417.55 | x |
| 2007-03-31 | Rs55.84 | Rs417.55 | x |
| 2008-03-31 | Rs70.27 | Rs417.55 | x |
| 2009-03-31 | Rs37.92 | Rs417.55 | x |
| 2010-03-31 | Rs37.92 | Rs417.55 | x |
| 2011-03-31 | Rs-38.43 | Rs417.55 | x |
| 2012-03-31 | Rs-44.10 | Rs417.55 | x |
| 2013-03-31 | Rs-40.91 | Rs417.55 | x |
| 2014-03-31 | Rs-12.03 | Rs417.55 | x |
| 2015-03-31 | Rs-16.57 | Rs417.55 | x |
| 2016-03-31 | Rs2.21 | Rs417.55 | x |
| 2017-03-31 | Rs-0.27 | Rs417.55 | x |
| 2018-03-31 | Rs-5.42 | Rs417.55 | x |
| 2019-03-31 | Rs-41.51 | Rs417.55 | x |
| 2020-03-31 | Rs39.81 | Rs417.55 | x |
| 2021-03-31 | Rs48.24 | Rs417.55 | x |
| 2022-03-31 | Rs58.13 | Rs417.55 | x |
| 2023-03-31 | Rs72.66 | Rs417.55 | x |
| 2024-03-31 | Rs98.84 | Rs417.55 | x |
| 2025-03-31 | Rs131.37 | Rs417.55 | x |
| 2026-03-31 | Rs172.64 | Rs417.55 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ashapura Minechem Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 24.34%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.66%
- • Asset Turnover: 1.11x
- • Equity Multiplier: 2.85x
- Recent ROE (24.34%) is below the historical average (52.60%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 39.65% | 4.65% | 1.67x | 5.10x | Rs208.16 Million |
| 2006 | 54.23% | 9.17% | 2.01x | 2.94x | Rs639.21 Million |
| 2007 | 32.15% | 10.24% | 1.87x | 1.68x | Rs897.47 Million |
| 2008 | 29.11% | 9.32% | 1.43x | 2.19x | Rs1.06 Billion |
| 2009 | -96.40% | -30.03% | 0.79x | 4.06x | Rs-3.19 Billion |
| 2010 | 10.27% | 4.31% | 0.77x | 3.09x | Rs8.13 Million |
| 2011 | 0.00% | -94.49% | 0.75x | 0.00x | Rs-5.71 Billion |
| 2012 | 0.00% | -5.16% | 0.77x | 0.00x | Rs11.91 Million |
| 2013 | 0.00% | 5.72% | 0.88x | 0.00x | Rs722.72 Million |
| 2014 | 0.00% | 16.08% | 1.11x | 0.00x | Rs1.84 Billion |
| 2015 | 0.00% | -2.08% | 1.54x | 0.00x | Rs-220.48 Million |
| 2016 | 842.83% | 9.14% | 1.24x | 74.25x | Rs1.60 Billion |
| 2017 | 0.00% | -2.33% | 0.62x | 0.00x | Rs-186.50 Million |
| 2018 | 0.00% | -5.78% | 0.61x | 0.00x | Rs-404.48 Million |
| 2019 | 0.00% | -56.37% | 0.56x | 0.00x | Rs-2.95 Billion |
| 2020 | 111.94% | 122.19% | 0.17x | 5.26x | Rs3.53 Billion |
| 2021 | 20.14% | 7.68% | 0.51x | 5.14x | Rs440.50 Million |
| 2022 | 16.60% | 6.77% | 0.53x | 4.65x | Rs343.94 Million |
| 2023 | 17.60% | 6.51% | 0.59x | 4.56x | Rs505.37 Million |
| 2024 | 30.86% | 10.95% | 0.79x | 3.56x | Rs1.94 Billion |
| 2025 | 23.82% | 10.80% | 0.70x | 3.16x | Rs1.72 Billion |
| 2026 | 24.34% | 7.66% | 1.11x | 2.85x | Rs2.36 Billion |
Industry Comparison
This section compares Ashapura Minechem Limited's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $137,140,608,790
- Average return on equity (ROE) among peers: 11.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ashapura Minechem Limited (ASHAPURMIN) | Rs16.45 Billion | 39.65% | 1.86x | $431.36 Million |
| Rajdarshan Industries Limited (ARENTERP) | $193.01 Million | 0.80% | 0.01x | $1.06 Million |
| Indian Metals & Ferro Alloys Limited (IMFA) | $27.26 Billion | 15.56% | 0.58x | $641.49 Million |
| Impex Ferro Tech Limited (IMPEXFERRO) | $-2.78 Billion | 0.00% | 0.00x | $5.60 Million |
| J.G.CHEMICALS LIMITED (JGCHEM) | $1.57 Billion | 25.54% | 0.69x | $245.81 Million |
| MOIL Limited (MOIL) | $22.44 Billion | 11.17% | 0.20x | $447.21 Million |
| Vedanta Limited (VEDL) | $774.16 Billion | 14.99% | 1.40x | $10.43 Billion |
About Ashapura Minechem Limited
Ashapura Minechem Limited is involved in the mining, manufacturing, and trading of various minerals and its derivative products in India and internationally. The company provides bauxite, bentonite, kaolin, silica sand, limestone, and gypsum for aluminium, foundry, cosmetics, metal ore, pelletization, construction, and paper applications. It also offers fused alumina, high alumina cement, castabl… Read more