Ashapura Minechem's Q1 FY 2025-26 Quarterly Results

Result Summary

• Ashapura Minechem Ltd reported a 208.0% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 89.6%.
• Its expenses for the quarter were up by 188.4% QoQ and 87.0% YoY.
• The net profit increased 69.1% QoQ and increased 88.9% YoY.
• The earnings per share (EPS) of Ashapura Minechem Ltd stood at 11.5 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Ashapura Minechem Ltd is primarily known for its involvement in the mining and minerals sector. The company is one of the leading players in the production and export of bentonite and other minerals such as bauxite, kaolin, and barite. Ashapura Minechem Ltd operates within the mining industry, focusing on the extraction and processing of industrial minerals used in various applications, including construction, oil drilling, and ceramics. Recent major developments about the company are not available in the provided data, and thus no specific events or strategic changes can be highlighted at this time.

Revenue

In the first quarter of the fiscal year 2026 (Q1FY26), Ashapura Minechem Ltd reported a total income of ₹1361.52 crores. This represents a significant quarter-over-quarter (QoQ) increase of 208.0% compared to the preceding quarter, Q4FY25, which recorded a total income of ₹442.09 crores. Furthermore, a year-over-year (YoY) comparison with the first quarter of the previous fiscal year (Q1FY25) shows an increase of 89.6% from ₹717.99 crores. These figures demonstrate a notable growth in revenue over both periods, reflecting substantial financial activity during Q1FY26.

Profitability

Profitability for Ashapura Minechem Ltd in Q1FY26 can be observed through several key metrics. The Profit Before Tax (PBT) for the quarter stood at ₹125.35 crores, marking an increase of 78.8% QoQ from ₹70.11 crores in Q4FY25 and an increase of 120.1% YoY from ₹56.96 crores in Q1FY25. The Profit After Tax (PAT) reached ₹113.90 crores in Q1FY26, compared to ₹67.37 crores in Q4FY25, showing a QoQ increase of 69.1%, and from ₹60.31 crores in Q1FY25, reflecting a YoY increase of 88.9%. Earnings per Share (EPS) for the quarter was reported at ₹11.50, up 57.5% from ₹7.30 in the previous quarter and up 82.5% from ₹6.30 in the same quarter of the previous year.

Operating Metrics

Total expenses incurred by Ashapura Minechem Ltd in Q1FY26 were ₹1236.17 crores, indicating a QoQ increase of 188.4% from ₹428.70 crores in Q4FY25, and a YoY increase of 87.0% from ₹661.03 crores in Q1FY25. The tax expense for Q1FY26 amounted to ₹17.94 crores, which is 94.8% higher compared to ₹9.21 crores in Q4FY25, and 274.5% higher compared to ₹4.79 crores in Q1FY25. These operating metrics suggest significant changes in the expense structure over the quarters and the year, reflecting various factors that might have influenced the company's operational strategy and cost management.