Ashapura Minechem Limited Share Price and Company Fundamentals



Price
₹101.95
Change
1.600 (1.594%)
52 week
88.4 - 175.25

Last traded: Today at 3:53 AM

Ashapura Minechem Limited produces and sells bentonite and bauxite in India and internationally. The company offers bentonite mining, processing, and logistics services to aluminum, foundry, cosmetics, metal ore pellatization, construction, and paper industries; refractory materials for abrasives, refectories, foundries, grinding, and road surfacing applications; and hydrocarbon exploration solutions to oil well drilling and hydraulic fracturing industries. It also provides adsorbent solutions for use in various applications, including bleaching edible oils, refining of petroleum products, water purification, pet care, and bleaching waste oils; products for waterproofing, repair and restoration, admixtures, grouts, and floor hardeners. In addition, the company offers white mineral solutions for use in paper, paint, rubber, pesticide, cosmetic, pharmaceutical, ceramic, glass, plastic, and building products; and clay products for use in paints, sealants, plasters, polymers, coating and pharmaceutical applications, and aviation fuel enhancers. Ashapura Minechem Limited also exports its products. The company was founded in 1960 and is based in Mumbai, India.

Key Metrics

PE ratio

10.70

PB ratio

1.81

Dividend yield

0.50%

Beta

0.95

Market cap

-

Enterprise value

-

Company profile

Industry / SectorOther Industrial Metals & Mining / Basic Materials
Websitehttps://www.ashapura.com
Mailing addressJeeven Udyog Building 3rd Floor 278, Dr DN Road Fort Mumbai 400001 India
Phone / Fax91 22 6665 1700 / 91 22 2207 4452

Dividends

Dividend yield

0.50%

Dividend amount

₹0.50

Payout ratio

5.18%

Ashapura Minechem Limited paid ₹0.50 dividend and the ex-dividend date was 21 Sept 2021.The dividend payout ratio is 5.18%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.ASHAPURMIN dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

ASHAPURMIN's forward dividend amount is ₹0.5 and the forward dividend yield is 0.50%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Jul 2022, following are the company executives and directors listed on Ashapura Minechem Limited.

NameTitleAgeTotal Pay
Mr. Chetan R. Navnitlal ShahExec. Chairman666M
Mr. Hemul ShahCEO & Exec. Director604.24M
Mr. Ashish DesaiChief Financial Officer895k
Mr. Sachin PolkeVP of Group Affairs, Company Sec. & Compliance Officer895k
Mr. Chetan MehraExec. Officer

Profitability and management effectiveness

Profit margin

6.77%

Operating margin

10.71%

Return on assets

3.67%

Return on equity

18.12%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Ashapura Minechem Limited is and its enterprise value is .

The ASHAPURMIN's stocks Beta value is 0.95 making it 5% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Ashapura Minechem Limited (NSE:ASHAPURMIN) Frequently Asked Questions

1. What is Ashapura Minechem Limited's Stock Symbol?

Ashapura Minechem Limited trades on NSE under the ticker symbol "ASHAPURMIN".

2. What is Ashapura Minechem Limited's stock price today?

One share of ASHAPURMIN stock can currently be purchased for approximately ₹101.95.

3. How can I contact Ashapura Minechem Limited?

Ashapura Minechem Limited's mailing address is Jeeven Udyog Building 3rd Floor 278, Dr DN Road Fort Mumbai 400001 India. The company can be reached via phone at 91 22 6665 1700.

4. What is Ashapura Minechem Limited's official website?

The official website of Ashapura Minechem Limited is https://www.ashapura.com.