Ashapura Minechem Share Price Target 2025, 2026 to 2030

Ashapura Minechem Ltd, established on 19th February 1982, is a prominent Indian company renowned for its expertise in multi-mineral solutions. Headquartered in Mumbai, India, the company has emerged as a global leader in the mining, manufacturing, and trading of a diverse range of minerals and their derivatives. Catering to industries ranging from soaps to steel, energy to edible oils, and cement to ceramics, Ashapura offers products such as bentonite, bauxite, kaolin, attapulgite, and bleaching clay. These minerals serve critical roles in applications like oil drilling, aluminum production, ceramics, and refining edible oils. With a vast operational network spanning India and seven other countries, including China, Indonesia, Malaysia, the UAE, and the US, Ashapura has significantly expanded its global footprint. The company is committed to sustainability, implementing eco-friendly mining practices, rehabilitating mined areas, and undertaking community development initiatives like rural healthcare and education. Guided by a vision to be a globally respected leader in the mineral solutions industry, Ashapura Minechem Ltd prioritizes innovation, customer satisfaction, and social responsibility while delivering high-quality products and services to diverse industries worldwide.

Shareholdings Patterns of Ashapura Minechem

Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024
Promoters +45.33%45.39%45.39%47.70%47.70%
FIIs +17.56%17.24%16.45%15.72%16.00%
DIIs +0.18%0.48%0.45%0.13%0.14%
Public +36.92%36.89%37.71%36.44%36.14%
No. of Shareholders31,09130,41529,92833,97430,705

The shareholding pattern of Ashapura Minechem from December 2023 to December 2024 reveals significant trends in investor composition. Promoter holdings steadily increased from 45.33% in December 2023 to 47.70% by September 2024, reflecting strong confidence in the company. Foreign Institutional Investors (FIIs) saw a gradual decline from 17.56% in December 2023 to 15.72% in September 2024, with a slight recovery to 16.00% by December 2024. Meanwhile, Domestic Institutional Investors (DIIs), holding a minimal stake, fluctuated slightly, peaking at 0.48% in March 2024 and ending the year at 0.14%. Public shareholding varied, starting at 36.92% in December 2023, peaking at 37.71% in June 2024, and dropping to 36.14% by December 2024. The number of shareholders also showed movement, rising from 31,091 in December 2023 to 33,974 in September 2024, before settling at 30,705 by year-end. These shifts reflect evolving investor confidence and market dynamics surrounding Ashapura Minechem during this period.

How to Buy Ashapura Minechem Shares in India?

Below are the trading platforms that you can use to purchase Ashapura Minechem shares:

➤ Zerodha

➤ Upstox

➤ Groww

➤ AngelOne

➤ ICICIDirect

Ashapura Minechem Share Price Prediction: 2025 – 2030

Ashapura Minechem Share Price Prediction 2025

WhenMaximum PriceMinimum Price
March 2025483.99372.30
April 2025479.20368.61
May 2025465.24357.88
June 2025486.18373.98
July 2025476.64366.65
August 2025491.38377.99
September 2025497.28382.52
October 2025510.21392.47
November 2025522.97402.28
December 2025546.50420.38

As we step into 2025, Ashapura Minechem’s share price is projected to reach a maximum of ₹483.99 and a minimum of ₹372.30 in March. Moving forward, the share price is expected to fluctuate, with highs of ₹546.50 and lows of ₹420.38 anticipated by December.

Ashapura Minechem Share Price Prediction 2026

WhenMaximum PriceMinimum Price
January 2026562.89433.00
February 2026548.82422.17
March 2026559.80430.61
April 2026571.22439.40
May 2026565.57435.05
June 2026579.71445.93
July 2026568.34437.18
August 2026585.92450.71
September 2026597.63459.72
October 2026613.17471.67
November 2026628.50483.46
December 2026644.22495.55

As we move into 2026, Ashapura Minechem’s share price is expected to reach a maximum of ₹562.89 and a minimum of ₹433.00 in January. Progressing through the year, the share price is anticipated to exhibit upward momentum, with highs of ₹644.22 and lows of ₹495.55 projected by December.

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Ashapura Minechem Share Price Target 2027

WhenMaximum PriceMinimum Price
January 2027650.66500.51
February 2027667.34513.34
March 2027693.37533.36
April 2027679.77522.90
May 2027659.97507.67
June 2027689.67530.52
July 2027676.15520.11
August 2027697.06536.20
September 2027721.46554.97
October 2027740.22569.40
November 2027758.72583.63
December 2027777.69598.22

Ashapura Minechem Share Price Prediction 2028

WhenMaximum PriceMinimum Price
January 2028793.24610.19
February 2028813.58625.83
March 2028845.31650.24
April 2028828.74637.49
May 2028804.60618.92
June 2028840.81646.77
July 2028824.32634.09
August 2028849.81653.70
September 2028879.56676.58
October 2028902.43694.17
November 2028924.99711.53
December 2028948.11729.32

Ashapura Minechem Share Price Target 2029

WhenMaximum PriceMinimum Price
January 2029967.07743.90
February 2029991.87762.98
March 20291,030.55792.73
April 20291,010.35777.19
May 2029980.92754.55
June 20291,025.06788.51
July 20291,004.96773.05
August 20291,036.04796.96
September 20291,072.30824.85
October 20291,100.18846.30
November 20291,127.69867.45
December 20291,155.88889.14

Ashapura Minechem Share Price Prediction 2030

WhenMaximum PriceMinimum Price
January 20301,179.00906.92
February 20301,209.23930.18
March 20301,256.39966.45
April 20301,231.75947.50
May 20301,195.88919.91
June 20301,249.69961.30
July 20301,225.19942.45
August 20301,263.08971.60
September 20301,307.291,005.61
October 20301,341.281,031.75
November 20301,374.811,057.55
December 20301,409.181,083.98

As we progress into 2030, Ashapura Minechem’s share price is expected to attain a maximum of ₹1,179.00 and a minimum of ₹906.92 in January. Moving through the months, the share price is anticipated to show a consistent upward trend, culminating in a projected maximum of ₹1,409.18 and a minimum of ₹1,083.98 by December.

Financial Condition of Ashapura Minechem

Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024TTM
Sales +3341,1481,2781,8312,6542,624
Expenses +3801,0261,1761,6532,4012,290
Operating Profit-45122102178252334
OPM %-14%11%8%10%10%13%
Other Income +4879311210221178
Interest316058687675
Depreciation284558737970
Profit before tax38211098139309267
Tax %0%21%12%21%9%
Net Profit +3838787110282278
EPS in Rs44.5710.069.4612.7931.3729.68
Dividend Payout %0%5%5%0%0%

The financial performance of Ashapura Minechem over the years reflects a trajectory of significant growth and operational improvements. From March 2020 to March 2024, the company’s sales have surged from ₹334 crore to ₹2,654 crore, showcasing strong revenue growth. Expenses have also increased, from ₹380 crore in March 2020 to ₹2,401 crore in March 2024, in line with the company’s expanding operations. Despite rising expenses, Ashapura Minechem has consistently improved its operating profit, which turned positive in March 2021 and reached ₹252 crore in March 2024, with the Operating Profit Margin (OPM) improving from -14% in March 2020 to 13% in the trailing twelve months (TTM).

The company’s profitability has also strengthened, with net profit increasing from ₹383 crore in March 2020 to ₹282 crore in March 2024. Earnings Per Share (EPS) reflect this trend, growing from ₹44.57 in March 2020 to ₹31.37 in March 2024, despite fluctuations. However, dividend payouts have remained minimal or absent, with the last recorded payout at 5% in March 2022. The improvement in operational efficiency and consistent profitability underscores Ashapura Minechem’s resilience and strategic focus in the minerals industry.

FAQs

What is the current market capitalization of Ashapura Minechem?

As of February 21st, 2025, the market cap is quite strong, standing at ₹3,757 Crores.

What is the current share price of Ashapura Minechem?

Ashapura Minechem shares are currently trading at ₹392 as of February 21st, 2025.

What is the share price target for Ashapura Minechem in 2025?

Looking ahead, the share price is expected to range between ₹357.88 to ₹546.50 by 2025.

What is the share price target for Ashapura Minechem in 2030?

The long-term outlook is optimistic, with a projected range of ₹1,083.98 to ₹1,409.18 by December 2030.

What is the current Price-to-Earnings (PE) ratio of Ashapura Minechem?

Currently, the stock’s PE ratio is at a reasonable 16.5.

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Conclusion

In conclusion, Ashapura Minechem Ltd has established itself as a global leader in multi-mineral solutions, demonstrating consistent growth and operational efficiency over the years. The company’s financial trajectory, with rising revenues and improved profitability, underscores its robust performance and strategic focus. Shareholding patterns reflect growing confidence from promoters, though fluctuations among FIIs and public holdings highlight market dynamics. With projections showing a steady upward trend in share prices from 2025 to 2030, Ashapura Minechem is well-positioned to maintain its leadership in the minerals industry, driven by innovation, sustainability, and global expansion.

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Author: Ashnoor

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