Ashapura Minechem Limited (ASHAPURMIN) - Net Assets

Latest as of September 2025: Rs14.20 Billion INR ≈ $153.57 Million USD

Based on the latest financial reports, Ashapura Minechem Limited (ASHAPURMIN) has net assets worth Rs14.20 Billion INR (≈ $153.57 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs41.52 Billion ≈ $449.00 Million USD) and total liabilities (Rs27.32 Billion ≈ $295.43 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. Check asset resilience ratio of Ashapura Minechem Limited to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs14.20 Billion
% of Total Assets	34.2%
Annual Growth Rate	15.36%
5-Year Change	181.61%
10-Year Change	6239.75%
Growth Volatility	96.03

Ashapura Minechem Limited - Net Assets Trend (2005–2025)

This chart illustrates how Ashapura Minechem Limited's net assets have evolved over time, based on quarterly financial data. Also explore ASHAPURMIN asset base for the complete picture of this company's asset base.

Annual Net Assets for Ashapura Minechem Limited (2005–2025)

The table below shows the annual net assets of Ashapura Minechem Limited from 2005 to 2025. For live valuation and market cap data, see Ashapura Minechem Limited (ASHAPURMIN) total market value.

Year	Net Assets	Change
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 grown by 1015696000000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2025)

Component	Amount	Percentage
Retained Earnings	Rs10.16 Billion	81.78%
Common Stock	Rs191.05 Million	1.54%
Other Comprehensive Income	Rs-215.55 Million	-1.74%
Other Components	Rs2.29 Billion	18.42%
Total Equity	Rs12.42 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
Beijing Dinghan Tech Co SHE:300011	$652.18 Million
Hailir Pesticides and Chemicals Group Co Ltd SHG:603639	$652.35 Million
Arizona Sonoran Copper Company Inc TO:ASCU	$652.36 Million
Shenzhen Neoway Technology Co Ltd SHG:688159	$652.45 Million
Song Da Urban & Industrial Zone Investment and Development JSC VN:SJS	$652.14 Million
Intellian Technologies Inc KQ:189300	$651.92 Million
Hubei Kailong Chemical Group Co Ltd SHE:002783	$651.80 Million
Udemy Inc NASDAQ:UDMY	$651.67 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 2024 to 2025, total equity changed from 9,300,474,000 to 12,420,207,000, a change of 3,119,733,000 (33.5%).
Net income of 2,958,126,000 contributed positively to equity growth.
Dividend payments of 3,000 reduced retained earnings.
Share repurchases of 290,670,000 reduced equity.
New share issuances of 290,670,000 increased equity.
Other comprehensive income decreased equity by 375,983,000.
Other factors increased equity by 537,593,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	Rs2.96 Billion	+23.82%
Dividends Paid	Rs3.00K	-0.0%
Share Repurchases	Rs290.67 Million	-2.34%
Share Issuances	Rs290.67 Million	+2.34%
Other Comprehensive Income	Rs-375.98 Million	-3.03%
Other Changes	Rs537.59 Million	+4.33%
Total Change	Rs-	33.54%

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: 4.81x
The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
The price-to-book ratio has decreased from 57.76x to 4.81x 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	Rs631.30	x
2006-03-31	Rs22.28	Rs631.30	x
2007-03-31	Rs55.84	Rs631.30	x
2008-03-31	Rs70.27	Rs631.30	x
2009-03-31	Rs37.92	Rs631.30	x
2010-03-31	Rs37.92	Rs631.30	x
2011-03-31	Rs-38.43	Rs631.30	x
2012-03-31	Rs-44.10	Rs631.30	x
2013-03-31	Rs-40.91	Rs631.30	x
2014-03-31	Rs-12.03	Rs631.30	x
2015-03-31	Rs-16.57	Rs631.30	x
2016-03-31	Rs2.21	Rs631.30	x
2017-03-31	Rs-0.27	Rs631.30	x
2018-03-31	Rs-5.42	Rs631.30	x
2019-03-31	Rs-41.51	Rs631.30	x
2020-03-31	Rs39.81	Rs631.30	x
2021-03-31	Rs48.24	Rs631.30	x
2022-03-31	Rs58.13	Rs631.30	x
2023-03-31	Rs72.66	Rs631.30	x
2024-03-31	Rs98.84	Rs631.30	x
2025-03-31	Rs131.37	Rs631.30	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): 23.82%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 10.80%
• Asset Turnover: 0.70x
• Equity Multiplier: 3.16x
Recent ROE (23.82%) is below the historical average (53.94%), 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

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: $10,097,798,373
Average return on equity (ROE) among peers: -3.50%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Ashapura Minechem Limited (ASHAPURMIN)	Rs14.20 Billion	39.65%	1.92x	$652.18 Million
Rajdarshan Industries Limited (ARENTERP)	$229.56 Million	2.56%	0.01x	$1.31 Million
Indian Metals & Ferro Alloys Limited (IMFA)	$9.12 Billion	3.83%	1.67x	$876.76 Million
Impex Ferro Tech Limited (IMPEXFERRO)	$683.07 Million	-90.02%	7.71x	$1.63 Million
J.G.CHEMICALS LIMITED (JGCHEM)	$4.06 Billion	7.61%	0.11x	$171.29 Million
MOIL Limited (MOIL)	$1.51 Billion	0.00%	0.40x	$684.17 Million
The Orissa Minerals Development Company Limited (ORISSAMINE)	$7.93 Billion	9.39%	0.38x	$275.62 Million
Vedanta Limited (VEDL)	$47.16 Billion	42.16%	0.15x	$11.48 Billion

About Ashapura Minechem Limited

NSE:ASHAPURMIN India Other Industrial Metals & Mining

Market Cap

$652.18 Million

Rs60.31 Billion INR

Market Cap Rank

#11184 Global

#530 in India

Share Price

Rs631.30

Change (1 day)

-2.40%

52-Week Range

Rs330.75 - Rs902.45

All Time High

Rs902.45