Last Updated on: 08 September, 2024
Share Price and Basic Stock Data
Last Updated: September 7, 2024, 12:09 am
| Market Cap | 2,852 Cr. |
|---|
| Current Price | 312 |
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| High / Low | 483/257 |
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| Stock P/E | 18.2 |
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| Book Value | 101 |
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| Dividend Yield | 0.00 % |
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| ROCE | 13.9 % |
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| ROE | 25.0 % |
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| Face Value | 2.00 |
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| PEG Ratio | 0.00 |
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Data Source: screener.in
Stock P/E, Current Price, and Intrinsic Value Over Time
Competitors of Ashapura Minechem Ltd
| Stock Name | Market Cap | Current Price | High / Low | Stock P/E | Book Value | Dividend Yield | ROCE | ROE | Face Value |
|---|
| Ganesha Ecoverse Ltd | 92.7 Cr. | 83.0 | 105/60.0 | 21.9 | 8.02 | 0.00 % | 28.2 % | 39.4 % | 10.0 |
| Foundry Fuel Products Ltd | 7.78 Cr. | 9.70 | 14.6/3.36 | | 1.25 | 0.00 % | % | % | 10.0 |
| Deccan Gold Mines Ltd | 2,104 Cr. | 142 | 179/83.0 | | 14.4 | 0.00 % | 10.7 % | 34.8 % | 1.00 |
| Asi Industries Ltd | 380 Cr. | 42.2 | 44.6/15.5 | 15.3 | 35.8 | 0.83 % | 10.1 % | 7.47 % | 1.00 |
| Anmol India Ltd | 180 Cr. | 31.6 | 68.0/30.0 | 11.4 | 17.6 | 0.00 % | 14.5 % | 23.3 % | 10.0 |
| Industry Average | 38,541.65 | N/A | | 126.16 | N/A | N/A | 18.56 | 18.16 | N/A |
Ashapura Minechem Ltd Quarterly Results
| Month | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 |
|---|
| Sales | 350 | 320 | 452 | 270 | 225 | 331 | 402 | 198 | 535 | 696 | 1,018 | 554 | 713 |
| Expenses | 312 | 272 | 381 | 242 | 253 | 303 | 351 | 193 | 477 | 637 | 908 | 524 | 655 |
| Operating Profit | 37 | 47 | 71 | 29 | -28 | 28 | 51 | 5 | 58 | 59 | 110 | 30 | 58 |
| OPM % | 11% | 15% | 16% | 11% | -12% | 8% | 13% | 2% | 11% | 8% | 11% | 6% | 8% |
| Other Income | 10 | 38 | 20 | 28 | 34 | 13 | 16 | 28 | 20 | 22 | 31 | 32 | 39 |
| Interest | 8 | 16 | 18 | 14 | 8 | 15 | 13 | 12 | 20 | 19 | 20 | 12 | 22 |
| Depreciation | 9 | 18 | 14 | 15 | 14 | 14 | 17 | 19 | 18 | 19 | 18 | 19 | 20 |
| Profit before tax | 29 | 51 | 58 | 27 | -16 | 12 | 38 | 1 | 40 | 42 | 103 | 31 | 54 |
| Tax % | 9% | 38% | 6% | 3% | -38% | 7% | 18% | 5% | 28% | 27% | 6% | 12% | 15% |
| Net Profit | 29 | 34 | 60 | 34 | -20 | 12 | 35 | 6 | 29 | 40 | 102 | 58 | 54 |
| EPS in Rs | 3.36 | 3.88 | 6.94 | 3.71 | -2.20 | 1.35 | 4.29 | 0.56 | 3.58 | 4.37 | 11.24 | 6.49 | 6.16 |
Last Updated: July 11, 2024, 7:51 am
Quarterly Chart
Profit & Loss - Annual Report
Last Updated: August 9, 2024, 6:25 pm
Profit & Loss Yearly Chart
Unable to calculate YoY Net Profit Growth.
Ashapura Minechem Ltd Growth
|
| Compounded Sales Growth |
|---|
| 10 Years: | 9% |
| 5 Years: | 34% |
| 3 Years: | 32% |
| TTM: | 45% |
|
| Compounded Profit Growth |
|---|
| 10 Years: | 1% |
| 5 Years: | 46% |
| 3 Years: | 43% |
| TTM: | 78% |
|
| Stock Price CAGR |
|---|
| 10 Years: | 17% |
| 5 Years: | 81% |
| 3 Years: | 38% |
| 1 Year: | 175% |
|
| Return on Equity |
|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 21% |
| Last Year: | 25% |
Last Updated: July 17, 2024, 5:57 pm
Balance Sheet
Last Updated: August 9, 2024, 6:25 pm
| Month | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
|---|
| Equity Capital | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 18 | 18 | 18 |
| Reserves | -302 | -117 | -162 | 2 | -20 | -65 | -378 | 325 | 413 | 503 | 637 | 902 |
| Borrowings | 412 | 285 | 188 | 204 | 144 | 185 | 209 | 441 | 664 | 639 | 758 | 984 |
| Other Liabilities | 753 | 788 | 1,092 | 1,207 | 1,163 | 1,148 | 1,203 | 1,037 | 1,138 | 1,264 | 1,637 | 1,407 |
| Total Liabilities | 880 | 973 | 1,136 | 1,430 | 1,305 | 1,286 | 1,051 | 1,820 | 2,233 | 2,424 | 3,050 | 3,311 |
| Fixed Assets | 270 | 282 | 333 | 345 | 336 | 308 | 254 | 544 | 527 | 539 | 584 | 577 |
| CWIP | 30 | 36 | 29 | 110 | 5 | 21 | 9 | 54 | 204 | 254 | 262 | 504 |
| Investments | 5 | 61 | 63 | 146 | 243 | 267 | 180 | 274 | 290 | 268 | 288 | 321 |
| Other Assets | 574 | 593 | 711 | 828 | 721 | 689 | 608 | 947 | 1,212 | 1,363 | 1,915 | 1,909 |
| Total Assets | 880 | 973 | 1,136 | 1,430 | 1,305 | 1,286 | 1,051 | 1,820 | 2,233 | 2,424 | 3,050 | 3,311 |
Reserves and Borrowings Chart
Ashapura Minechem Ltd Cash Flow
| Month | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
|---|
| Cash from Operating Activity | 188 | 0 | 186 | 231 | 72 | -18 | -217 | 16 | -20 | 114 | 97 | 148 |
| Cash from Investing Activity | -21 | 0 | -98 | -208 | -30 | -20 | 160 | -156 | -168 | -63 | -130 | -274 |
| Cash from Financing Activity | -156 | 0 | -70 | -14 | -43 | 36 | 68 | 131 | 182 | -60 | 80 | 191 |
| Net Cash Flow | 12 | 0 | 18 | 9 | -1 | -2 | 11 | -9 | -5 | -9 | 47 | 65 |
|
Free Cash Flow
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Free Cash Flow Chart
Financial Efficiency Indicators
| Month | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
|---|
| Debtor Days | 88 | 73 | 56 | 61 | 103 | 95 | 61 | 202 | 92 | 89 | 98 | 37 |
| Inventory Days | 923 | 431 | 287 | 269 | 329 | 285 | 226 | 532 | 364 | 453 | 420 | 338 |
| Days Payable | 376 | 222 | 267 | 258 | 265 | 187 | 168 | 328 | 461 | 387 | 360 | 361 |
| Cash Conversion Cycle | 636 | 282 | 76 | 72 | 166 | 193 | 120 | 406 | -5 | 154 | 158 | 14 |
| Working Capital Days | -163 | -112 | -102 | -101 | -240 | -183 | -377 | 12 | 70 | 66 | 86 | 62 |
| ROCE % | 99% | 136% | 211% | 153% | 10% | 0% | -42% | -14% | 16% | 12% | 16% | 14% |
Financial Efficiency Indicators Chart
Share Holding Pattern
| Month | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 |
|---|
| Promoters | 41.71% | 44.58% | 44.58% | 44.58% | 44.74% | 44.79% | 45.22% | 45.33% | 45.33% | 45.33% | 45.33% | 45.39% |
| FIIs | 22.15% | 21.07% | 21.12% | 20.60% | 19.12% | 16.32% | 16.35% | 16.99% | 17.09% | 18.03% | 17.56% | 17.24% |
| DIIs | 0.16% | 0.14% | 0.14% | 0.14% | 0.14% | 0.14% | 0.14% | 0.14% | 0.14% | 0.19% | 0.18% | 0.48% |
| Public | 35.98% | 34.21% | 34.17% | 34.68% | 36.00% | 38.75% | 38.29% | 37.53% | 37.43% | 36.44% | 36.92% | 36.89% |
| No. of Shareholders | 23,802 | 23,241 | 24,002 | 23,667 | 26,228 | 28,424 | 28,033 | 26,214 | 25,557 | 27,466 | 31,091 | 30,415 |
Shareholding Pattern Chart
No. of Shareholders
This stock is not held by any mutual fund
ROCE Trend
EPS Trend
Key Financial Ratios
| Month | Mar 24 | Mar 23 | Mar 22 | Mar 21 | Mar 20 |
|---|
| FaceValue | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 |
| Basic EPS (Rs.) | 31.37 | 12.79 | 9.65 | 10.06 | 44.57 |
| Diluted EPS (Rs.) | 30.50 | 12.79 | 9.65 | 9.72 | 44.57 |
| Cash EPS (Rs.) | 33.85 | 18.00 | 14.02 | 13.77 | 46.29 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 100.26 | 71.84 | 56.95 | 49.91 | 39.79 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 100.26 | 71.84 | 56.95 | 49.91 | 39.79 |
| Revenue From Operations / Share (Rs.) | 290.08 | 200.12 | 139.68 | 131.99 | 38.43 |
| PBDIT / Share (Rs.) | 33.66 | 28.28 | 21.31 | 20.22 | -4.76 |
| PBIT / Share (Rs.) | 25.07 | 20.34 | 14.96 | 15.05 | -8.02 |
| PBT / Share (Rs.) | 28.21 | 13.31 | 8.90 | 11.21 | 42.91 |
| Net Profit / Share (Rs.) | 25.26 | 10.06 | 7.67 | 8.61 | 43.03 |
| NP After MI And SOA / Share (Rs.) | 31.37 | 12.79 | 9.46 | 10.06 | 44.57 |
| PBDIT Margin (%) | 11.60 | 14.12 | 15.25 | 15.31 | -12.37 |
| PBIT Margin (%) | 8.64 | 10.16 | 10.70 | 11.40 | -20.86 |
| PBT Margin (%) | 9.72 | 6.65 | 6.37 | 8.49 | 111.64 |
| Net Profit Margin (%) | 8.70 | 5.02 | 5.48 | 6.52 | 111.95 |
| NP After MI And SOA Margin (%) | 10.81 | 6.39 | 6.77 | 7.61 | 115.96 |
| Return on Networth / Equity (%) | 30.85 | 17.60 | 16.59 | 20.14 | 111.94 |
| Return on Capital Employeed (%) | 12.97 | 11.50 | 10.58 | 10.42 | -6.52 |
| Return On Assets (%) | 8.66 | 3.83 | 3.56 | 3.91 | 21.30 |
| Long Term Debt / Equity (X) | 0.73 | 0.97 | 1.01 | 1.27 | 1.13 |
| Total Debt / Equity (X) | 1.06 | 1.14 | 1.22 | 1.48 | 1.24 |
| Asset Turnover Ratio (%) | 0.83 | 0.66 | 0.41 | 0.33 | 0.26 |
| Current Ratio (X) | 1.19 | 1.28 | 1.14 | 1.16 | 1.03 |
| Quick Ratio (X) | 0.85 | 0.91 | 0.77 | 0.86 | 0.72 |
| Inventory Turnover Ratio (X) | 0.79 | 0.94 | 0.24 | 0.32 | 0.61 |
| Dividend Payout Ratio (NP) (%) | 0.00 | 0.00 | 5.28 | 0.00 | 0.00 |
| Dividend Payout Ratio (CP) (%) | 0.00 | 0.00 | 3.16 | 0.00 | 0.00 |
| Earning Retention Ratio (%) | 0.00 | 0.00 | 94.72 | 0.00 | 100.00 |
| Cash Earning Retention Ratio (%) | 0.00 | 0.00 | 96.84 | 0.00 | 100.00 |
| Interest Coverage Ratio (X) | 4.42 | 4.02 | 3.52 | 3.34 | -1.34 |
| Interest Coverage Ratio (Post Tax) (X) | 2.90 | 2.43 | 2.27 | 2.05 | -2.22 |
| Enterprise Value (Cr.) | 4261.22 | 1694.73 | 1766.35 | 1506.31 | 560.50 |
| EV / Net Operating Revenue (X) | 1.61 | 0.92 | 1.38 | 1.31 | 1.68 |
| EV / EBITDA (X) | 13.84 | 6.55 | 9.06 | 8.56 | -13.54 |
| MarketCap / Net Operating Revenue (X) | 1.29 | 0.55 | 0.91 | 0.78 | 0.53 |
| Retention Ratios (%) | 0.00 | 0.00 | 94.71 | 0.00 | 99.99 |
| Price / BV (X) | 3.69 | 1.54 | 2.23 | 2.09 | 0.51 |
| Price / Net Operating Revenue (X) | 1.29 | 0.55 | 0.91 | 0.78 | 0.53 |
| EarningsYield | 0.08 | 0.11 | 0.07 | 0.09 | 2.18 |
Profitability Ratios (%)
Liquidity Ratios
Liquidity Ratios (%)
Interest Coverage Ratios (%)
Valuation Ratios
Error: Data is incomplete for fair value calculation.
Strength and Weakness
Unable to fetch valid data for stock valuation.Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Ashapura Minechem Ltd:
- Net Profit Margin: 8.7%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 12.97% (Industry Average ROCE: 18.56%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 30.85% (Industry Average ROE: 18.16%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 2.9
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 0.85
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 18.2 (Industry average Stock P/E: 126.16)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 1.06
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:
About the Company - Qualitative Analysis
Ashapura Minechem Ltd. is a Public Limited Listed company incorporated on 19/02/1982 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L14108MH1982PLC026396 and registration number is 026396. Currently Company is involved in the business activities of Mining of other non-ferrous metal ores. Company’s Total Operating Revenue is Rs. 598.15 Cr. and Equity Capital is Rs. 18.30 Cr. for the Year ended 31/03/2022.
| Management |
|---|
| Name | Position Held |
|---|
| Mr. Chetan Shah | Executive Chairman |
| Mr. Hemul Shah | Executive Director & CEO |
| Mr. Harish Motiwalla | Ind. Non-Executive Director |
| Mr. Abhilash Munsif | Ind. Non-Executive Director |
| Mr. Pundarik Sanyal | Ind. Non-Executive Director |
| Mrs. Himani Shah | Non Exe.Non Ind.Director |
| Mrs. Neeta Shah | Ind. Non-Executive Woman Director |
FAQ
What is the latest fair value of Ashapura Minechem Ltd?
The latest fair value of Ashapura Minechem Ltd is ₹492.38.
What is the Market Cap of Ashapura Minechem Ltd?
The Market Cap of Ashapura Minechem Ltd is 2,852 Cr..
What is the current Stock Price of Ashapura Minechem Ltd as on 08 September 2024?
The current stock price of Ashapura Minechem Ltd as on 08 September 2024 is 312.
What is the High / Low of Ashapura Minechem Ltd stocks in FY 2024?
In FY 2024, the High / Low of Ashapura Minechem Ltd stocks is 483/257.
What is the Stock P/E of Ashapura Minechem Ltd?
The Stock P/E of Ashapura Minechem Ltd is 18.2.
What is the Book Value of Ashapura Minechem Ltd?
The Book Value of Ashapura Minechem Ltd is 101.
What is the Dividend Yield of Ashapura Minechem Ltd?
The Dividend Yield of Ashapura Minechem Ltd is 0.00 %.
What is the ROCE of Ashapura Minechem Ltd?
The ROCE of Ashapura Minechem Ltd is 13.9 %.
What is the ROE of Ashapura Minechem Ltd?
The ROE of Ashapura Minechem Ltd is 25.0 %.
What is the Face Value of Ashapura Minechem Ltd?
The Face Value of Ashapura Minechem Ltd is 2.00.
Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a
SEBI registered financial advisor and does not have any vested interest in Ashapura Minechem Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source:
NSE 
