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ASHAPURA MINECHEM LTD. Q3 FY26 Results

ASHAPURMINQ3 FY26 Results
Filing
MetricValue ( Cr)Q2 FY26Q3 FY25
Revenue960.430.8%11.0%
Total Income989.133.7%12.5%
Expenditure903.662.3%17.9%
PBT80.9114.4%28.4%
Net Profit75.9528.3%29.4%
OPM11.43%2.29pp4.06pp
NPM7.68%3.43pp3.82pp
EPS8.8212.8%20.9%
View full financials

Ashapura Minechem Q3 FY2025-26: Income from Operations at Rs.960.43 crores, Profit Before Tax at Rs.89.31 crores

05 Feb 2026 · 5 Feb, 8:32 pm

Summary

Ashapura Minechem Ltd. announced its financial results for the quarter & nine months ended Dec 31, 2025. The Income from Operations for Q3 FY 2025-26 was Rs.960.43 crores and the Profit Before Tax & Exceptional Items stood at Rs 89.31 crores. The Income from Operations Increased by 0.8% and the Profit Before Tax & Exceptional Items Increased by 10.0% compared to Q2 FY 2025-26. The Profit Before Tax & Exceptional Items Income from Operations for Nine Months Ended FY 2025-26 was Rs 3268.50 crores and the Profit Before Tax & Exceptional Items stood at Rs 302.27 crores, an increase of 49.7% and 37.3% respectively compared to Nine Months Ended FY 2024-25.

Key Highlights

  1. 1

    Q3 FY2025-26 Income from Operations: Rs.960.43 crores

  2. 2

    Q3 FY2025-26 Profit Before Tax & Exceptional Items: Rs.89.31 crores

  3. 3

    Income from Operations increased by 0.8% compared to Q2 FY 2025-26

  4. 4

    Profit Before Tax & Exceptional Items increased by 10.0% compared to Q2 FY 2025-26

  5. 5

    Nine Months Ended FY 2025-26 Profit Before Tax & Exceptional Items Income from Operations: Rs 3268.50 crores

  6. 6

    Nine Months Ended FY 2025-26 Profit Before Tax & Exceptional Items: Rs 302.27 crores

  7. 7

    Nine Months Ended FY 2025-26 Income from Operations increased by 49.7% compared to Nine Months Ended FY 2024-25

  8. 8

    Nine Months Ended FY 2025-26 Profit Before Tax & Exceptional Items increased by 37.3% compared to Nine Months Ended FY 2024-25

  9. 9

    Effective November 2025, New Labour Code revised the definition of wages for the purpose of computing employee benefits. The Company has recognised an incremental impact of Rs.1.77 crore in the standalone results and Rs 4.56 crores in the consolidated results, respectively as an exceptional item arising from the implementation of the new Labour Code.

Management Comments

N

Not specified

The Company’s Guinea business recorded improved profitability during the quarter, primarily driven by reduction in demurrage charges compared to Q2, enhanced operational and logistical efficiencies achieved through the partnership with China Railways, and the realization of customer contracts priced higher than prevailing bauxite index prices.

N

Not specified

Looking ahead, the Company expects a moderation in EBITDA levels due to the softening in bauxite index prices. However, this impact is expected to be partially offset through increasing operational efficiencies, scaling of volumes and some easing in the freight costs.

N

Not specified

Iron Ore business remains in trial phase, with small volumes executed in Q3. We expect to have more clarity about this business, within the coming quarter.

N

Not specified

The Company’s India businesses (Divisions b, c, and d) witnessed a moderation in profitability during Q3. In division b, margins were impacted by a rise in input costs along with a change in the sales mix, driven by a higher proportion of lower-margin products.

N

Not specified

The profitability of division ¢ was adversely affected by a sharp increase in sulphuric acid prices, which is a key raw material used in the acid activation process for bleaching clay. The performance of division d remained largely stable during the quarter.

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