Close 2026-08-21 1267 scanned A

ASHAPURMIN

Ashapura Minechem Limited
Metals & MiningMid capRs 5,640 crRs 31.2 cr traded a day
Close on 2026-08-21
590.25
−1.62%
52-week range30% of the way up
459.50902.45
Market cap
5,640 cr
P/E (TTM)
14.9×
industry 18×
EPS (TTM)
39.68
Revenue YoY
+126.3%
Q1 FY27
Profit YoY
+79.6%
Net margin
6.7%
-1.7pt vs a year ago
Growth trend
-221.0pt
vs last quarter’s YoY
1 month
-14.1%
Below 52w high
52.9%
RSI (14)
24
oversold
Daily swing
4.7%
average true range
Volume
0.7×
vs 20-day average
Traded
Rs 31 cr
median day
Close200-day averageMaterial filing
600800Aug 25Oct 25Dec 25Feb 26Apr 26Jun 26Aug 26
260 sessions · hover for the filing behind a move
1 week
−2.19%
1 month
−14.08%
3 months
−13.17%
6 months
+8.79%
1 year
+6.99%

The read

written from the numbers on this page
The evidence is mixed3 supporting, 2 against, 2 worth knowing

Supporting

  • up 7% over twelve months
  • revenue grew 126% year on year in the quarter ending 2026-06-30
  • priced at 15× earnings against an industry median of 18× — 17% below its peers

Against

  • trading 11% below its 200-day average
  • 1 of the scans it matches has historically underperformed the market

Worth knowing

  • RSI at 24 is washed out — historically the better half of this site's measured edge comes from exactly this condition
  • the 5 scans it matches come from only 2 families — one signal wearing several hats rather than several signals
What would change this read: a close back above 661, its 200-day average.
Assembled automatically from the figures on this page — the scans matched, their measured record, the filed financials, the derivatives positioning and the peer comparison. It is not a recommendation, no one has spoken to the company, and every claim above can be checked against a number further down this page.

What is working, what is not

read from the filings, with the figure behind every line
Working2

Revenue +126.3% year on year, Rs 714 cr to Rs 1,616 cr.

+126.3%Rs 714 crRs 1,616 cr

Net profit +79.6% year on year, Rs 60 cr to Rs 108 cr.

+79.6%Rs 60 crRs 108 cr
Needs watching2

Profit grew slower than revenue, +79.6% against +126.3%.

+79.6%+126.3%

Net margin moved from 8.4% to 6.7%.

8.4%6.7%
Every figure here is computed from the company’s own filings. The wording is generated directly from the figures.

How it has performed

price return over each window, measured against zero
-2.2%1W-14.1%1M-13.2%3M+8.8%6M+7.0%1Y

What the scans say today

5 of 47 matched on 2026-08-21
ASHAPURMIN matches 5 of the 47 scans today, across 2 different kinds of evidence. Note how few kinds of evidence that is: several scans in one family are one signal wearing several hats, not several signals.

Valuation against its own history

500 sessions since 2024-09-06
11×
median 18×
26×
now 15×
ASHAPURMIN trades at 15× trailing earnings, below its median of 18× over this window — 19% less expensive than usual. The band runs from the 5th to the 95th percentile, so single-day spikes do not set the edges.
This window is short by the standards of valuation history — it begins where four quarters of filed earnings first exist. A stock can look cheap against two years and expensive against ten.

Recent filings

from the exchange, newest first
08-19
18:15
Other filing
1d+1.65d20d
08-12
19:21
Analyst call
1d-3.75d-6.520d
08-07
19:09
Other filing
1d-12.65d-17.420d
08-07
19:06
Results
1d-12.65d-17.420d
Other filing filings were typically -0.08pt vs the market over the next 5 sessions (n=12,093) · Analyst call filings were typically +0.14pt vs the market over the next 5 sessions (n=3,352) · Results filings were typically -0.52pt vs the market over the next 5 sessions (n=7,520)

The business

from the company’s filed results
Everything below is taken from the company’s own quarterly filing with the exchange — the XBRL document it submitted, not a vendor’s summary of it. Figures in rupees crore.
5547134407146048652.0k1.6k10.5%15.3%6.1%6.7%Q2 FY24Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY26Q1 FY27
RevenueNet profit, drawn inside its revenue barNet margin, own scale belowrupees crore, per quarter as filed. Revenue bars start at zero.

Going for it

  • revenue grew 126% against the same quarter a year earlier
  • profit rose 80% year on year
  • net margin widened from 6.1% to 6.7%

Going against it

  • nothing clear in the filed numbers
Quarter-by-quarter numbers, as filed
QuarterRevenueProfit before taxNet profitEPSNet margin
Q1 FY27
2026-06-30 · consolidated
1,61612310812.076.7%
Q4 FY26
2026-03-31 · consolidated
1,96914112111.596.1%
Q3 FY25
2024-12-31 · consolidated
86511310811.1512.4%
Q2 FY25
2024-09-30 · consolidated
60427434.717.1%
Q1 FY25
2024-06-30 · consolidated
71457606.518.4%
Q4 FY24
2024-03-31 · consolidated
44070677.4915.3%
Quarterly filings are unaudited unless stated. Consolidated figures are used where the company files both. A single quarter is a noisy thing — the trend across the column is worth more than the top row.

Where the price stands

the same figures every scan on this site is computed from
Trend
Distance from the averages traders watch. Above all of them is a bull phase; below the 200-day is the line most investors use to say otherwise.
Versus 50-day average-12.3%
Versus 200-day average-10.7%
Below 52-week high-34.6%
Above 52-week low+28.5%
Momentum
How hard it has been pushed lately. Above 70 on RSI is stretched, below 30 is washed out — neither is a signal on its own.
RSI (14)23.7
Higher closes in last 52 of 5
Six-month return+8.79%
Risk and liquidity
What a position costs to hold and to exit. Position sizing starts with the daily swing, not with conviction.
Typical daily swing (ATR)4.70%
Volume versus 20-day0.7x
Median daily turnoverRs 31.2 cr

Peers

Metals & Mining · 22 classified companies
ASHAPURMIN trades at 14.9× trailing earnings against an industry median of 17.8× across 21 other classified companies in its industry — cheaper than them, by 17%. A multiple is a statement about expectations, not about quality: cheap usually means the market expects less, and it is often right.
CompanyMarket cap (Rs cr)P/E1 month1 yearTurnover (Rs cr)
ADANIENT390,09051.9−0.43%+31.78%273.5
JSWSTEEL315,66311.3+3.76%+23.92%191.8
HINDZINC251,34514.7+12.00%+34.93%267.0
HINDALCO229,54814.0+8.20%+43.42%506.9
TATASTEEL228,28227.3−0.67%+15.54%394.8
JINDALSTEL114,78742.4+8.24%+15.65%92.4
LLOYDSME105,01321.3−3.35%+41.57%106.4
NMDC74,38710.0+2.38%+16.22%156.9
NATIONALUM72,44610.7+14.00%+96.70%252.2
SAIL71,64816.8+7.80%+40.92%254.8
JSL57,79817.8−4.69%−7.87%24.5
ASHAPURMIN5,64014.9−14.08%+6.99%31.2
largest twelve by market capitalisation. Market cap and P/E need filed financials, so blanks are companies whose filings have not been read yet

Recent sessions

what this stock has matched since the engine went live
This is the live record, not the backtest — the scans this stock actually appeared in on each stored session. A name that keeps reappearing is in a persistent condition; a one-day appearance usually is not.
SessionScansWhich
2026-08-181Bearish engulfing