Ashapura Minechem Balance Sheet
- Market cap
- ₹4,689 crore
- P/E
- 11.5
- P/B
- 2.84
- ROE
- 27.8%
- Dividend yield
- 0.41%
As of Mar 2022, Ashapura Minechem had total assets of ₹13,700 crore and borrowings of ₹1,200 crore, against shareholders' equity of ₹9,000 crore — a debt-to-equity ratio of 0.13. Borrowings rose 58.32% from Mar 2023.
Ashapura Minechem balance sheet
As at each financial year end, newest first. H1 = half-year.
| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Equity capital | 500 | 18.3 | 18.3 | 19.11 | 19.11 |
| Reserves | 8,500 | 418 | 705 | 1,001 | 1,393 |
| Borrowings | 1,200 | 758 | 984 | 1,163 | 1,444 |
| Other liabilities | 3,500 | 1,617 | 1,410 | 1,464 | 1,610 |
| Total liabilities | 13,700 | 3,032 | 3,311 | 3,849 | 4,698 |
| Fixed assets | 6,500 | 805 | 1,031 | 1,424 | 1,614 |
| Capital work in progress | 400 | 100 | 100 | 100 | 100 |
| Investments | 2,500 | 606 | 662 | 770 | 940 |
| Other assets | 4,300 | 910 | 993 | 1,155 | 1,409 |
| Total assets | 13,700 | 3,032 | 3,311 | 3,849 | 4,698 |
Balance sheet ratios
- Debt to equity
- 0.13
Source: Company filings (consolidated), in ₹ crore. Data as of 7 October 2026. How this data is compiled.
Ashapura Minechem balance sheet — frequently asked questions
What is the total debt of Ashapura Minechem?
Ashapura Minechem reported borrowings of ₹1,200 crore as of Mar 2022, compared with ₹758 crore as of Mar 2023.
What is Ashapura Minechem's debt-to-equity ratio?
Based on the Mar 2022 balance sheet, Ashapura Minechem's debt-to-equity ratio is 0.13 — borrowings of ₹1,200 crore against equity capital and reserves of ₹9,000 crore.
What are Ashapura Minechem's total assets?
Ashapura Minechem's total assets were ₹13,700 crore as of Mar 2022, including fixed assets of ₹6,500 crore and investments of ₹2,500 crore.
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