The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Ashapura Minechem Limited is an India-based company, which is engaged in the mining, manufacturing and trading of various minerals and its derivative products and related services. The Company has a network of operations pan-India and in seven other countries. From soaps to…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A high-quality, fast-growing business, trading cheap versus its own history.
Ashapura Minechem is scored on the commodity / cyclical framework. It keeps a slim 7.8% of every rupee of sales as net profit. Those profits are backed by real cash — operating cash flow runs 1.11× reported profit. Free cash flow is worth about 4.8% of its market value.
Over the last 3 years revenue compounded at 41%/yr and profit at 65%/yr. Book value itself has compounded 36%/yr — the hallmark of a genuine compounder. Return on equity is an elite 20.1%. In the latest quarter profit fell 10% versus the prior quarter.
At 10× earnings, the stock sits at the 9th percentile of its own 3.6-year range — the cheap end of where it has historically traded. Today's price asks for only ~0%/yr growth over a decade — undemanding expectations. The books come through clean — a forensic grade of B, and Altman puts distress risk in the safe zone.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 10.63 | — | — |
| P/B | 2.21 | 6.21 | better |
| EV/EBITDA | 7.54 | 4.31 | worse |
| ROE | 20.1 | — | — |
| ROCE | 16.76 | 6.73 | better |
| ROA | 7.84 | 1.68 | better |
| Quick Ratio | 1.05 | 4.5 | worse |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Coal India | 7.3 | 1.9 | 26.2% |
| Lloyds Metals | 18.6 | 6.2 | 32.3% |
| NMDC | 8.3 | 1.8 | 21.9% |
Revenue has grown every year across all 4 financial years shown. 41% CAGR over 3 years — high-growth territory. Growth is accelerating — latest year outpaced the prior year's rate.
Net profit has risen every year — the hallmark of a compounder. Profit is growing faster than revenue (65% vs 41%) — margin expansion is at work. The latest year saw a +44% swing — check if it's a one-off or structural.
Operating margin has expanded from 6% to 8% — the business is keeping more of each rupee earned.
ROE at 25% — the business earns well above its cost of equity. High ROE despite single-digit margins — an asset-turn play with high capital velocity. Capital efficiency improving — ROE up 9pp across the window.
Profit grew faster than EPS (65% vs 49%) — share dilution is eroding per-share value. 49% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
Operating cash flow has been positive every year — the business generates real cash, not just accounting profit. Heavy investing spend every year, but operations generate enough to cover it — the business self-funds its growth. Raising capital despite positive cash flow — could signal expansion plans or opportunistic fundraising.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue fell 21% QoQ — could be seasonality or a genuine slowdown. Wide quarterly swings (53% spread) — likely seasonality, lumpy orders, or project-based revenue. Run-rate stepping up — recent quarters average 89% above earlier ones.
Profit fell 10% QoQ — one-quarter drops can be noise, but a pattern matters. Quarterly margins are compressing (11% → 7%) — more revenue isn't translating to proportionally more profit.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoters at 48.1% — dispersed ownership; institutional flows drive the stock.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.