JKB Financial Services Ltd.

As on : 29-May-2026

Hot Pursuit
29-May-2026 12:39

Ashapura Minechem surges after Q4 PAT climbs 31% QoQ to Rs 111 cr

On a year on year (YoY) basis, the company's consolidated net profit climbed 53.58% while revenue from operations surged 254.55% in Q4 FY26.

Profit before tax (PBT) stood at Rs 146.77 crore, up 74.06% YoY and up 73.16% QoQ. EBITDA stood at Rs 210.7 crore in Q4 FY26, up 47.3% compared with Rs 143.1 crore in Q3 FY26.

The company said its Guinea business, comprising bauxite and iron ore operations, delivered significant volume growth during the quarter. Bauxite export volumes from Guinea rose to 3.16 million metric tonnes (MMT) in Q4 FY26 from 1.39 MMT in Q3 FY26. According to the company, the sharp rise in volumes led to more than 100% growth in topline performance on a sequential basis. However, margins remained under pressure due to higher fuel costs and elevated ocean freight rates amid ongoing geopolitical tensions.

The company's India businesses which includes Bentonite and Allied Minerals, White Performance Materials and Others and Advanced Ceramic Materials business, witnessed a moderation in profitability during Q4.

The company stated that in Bentonite and Allied Minerals, White Performance Materials and Others business 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. The profitability of Specialty Adsorbent Solutions business 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 and Advanced Ceramic Materials business remained largely stable during the quarter.

Meanwhile, the company's board recommended final dividend of Rs 2 per equity share on face value of Rs 2.00 each for the financial year 2025-2026.

Ashapura Minechem is engaged in the mining, manufacturing and trading of various minerals and its derivative products and related services.

GET IN TOUCH