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Intrinsic value · Buy/Sell verdict · scores — free· 1046 Indian stocks· EOD 2026-09-14

Ashapura Minechem Limited

ASHAPURMINNSEBasic Materials
₹542.9
+0.85 (+0.16%)
Sell

Financial trend (89/100) does the heavy lifting; momentum (6/100) is the drag.

Fair valueSolvency risk
The bottom line

Ashapura Minechem Limited earns a Sell from StocksWizard, with a blended score of 40/100. At ₹542.9 it trades below our blended DCF and relative-multiples fair value of ₹701.26, about 29% upside to that estimate — we read it as undervalued by 29%. On 16.5x trailing earnings it sits cheaper than the Basic Materials median of about 22.2x. The price is about 40% below its 52-week high of ₹902.45 and 18% above the low of ₹459.5. Financial health scores 29/100, in the grey band on the Altman Z-score, with a Piotroski F-score of 8/9. It clears 6 of 13 investability checks, with durability 56, valuation 42 and momentum 6 on our 0–100 scales.

Analysis by Ankit Sharma · StocksWizard's own estimates from end-of-day public data — see how we calculate them. For information only, not investment advice.

Intrinsic value
Our fair value
₹701.26up 29.17%
Undervalued by 29%
Price ₹542.9Range ₹319.75₹910.08
DCF + relative blendhigh confidence

With a 20% margin of safety, our buy-below price is ₹561.01.

1-year price

EOD · 2026-09-14
1D
up 0.16%
1W
down 1.47%
1M
down 11.53%
3M
down 23.16%
6M
up 6.75%
1Y

52-week range

-39.84% from the 52-week high.

Trend check
Below 50-DMA₹636Below 200-DMA₹655

Price above both moving averages reads as an intact uptrend; below both, the trend is against you.

Verdict pillars

Sell40
F
Financial health 29/100
Altman Z 2.14 · Grey zone

Piotroski F-score 8/9 — quality of earnings & balance sheet.

Our scores

Durability56
Valuation42
Momentum6

Durability rewards strong, low-debt, profitable businesses; Valuation rewards stocks cheap vs their sector; Momentum rewards strong price trends.

Investability checklist

Passed 6 of 13 checks
Each check screens one fundamentals, valuation or trend signal.
  • Pass: ROE above 15%: 29.0%
  • Fail: Low debt (D/E < 0.5): 0.88x
  • Fail: Positive free cash flow
  • Pass: Revenue growth > 10%: 255%
  • Pass: Earnings growing: 28%
  • Fail: Net margin ≥ 10%: 7.7%
  • Fail: Current ratio > 1.5: 1.36
  • Pass: Below our fair value
  • Pass: Margin of safety ≥ 20%
  • Fail: Above 200-day average
  • Fail: Above 50-day average
  • No data: Positive 1-year return
  • Fail: Altman Z in safe zone: Z 2.14
  • Pass: Piotroski ≥ 7: 8/9

Quarterly results

Revenue · 3Q2008
₹238 Cr
Net profit
₹17 Cr
Margin
7%
4Q2007
1Q2008
2Q2008
3Q2008
Revenue Net profitLatest revenue QoQ -35%

Annual financials

Revenue · 2008
₹1,739 Cr
Net profit
₹162 Cr
Margin
9%
2007
2008
Revenue Net profitLatest revenue YoY +37%

Shareholding

  • Promoter46.3%
  • Institutions16.4%
  • Public & other37.4%

Promoter holding via insider stake; institutional via reported holdings.

Key fundamentals

Market cap
₹6,614 Cr
P/E ratio
16.5
P/B ratio
4.01
EPS (TTM)
₹42
ROE
29.0%
Debt / Equity
0.88x
Profit margin
7.7%
Free cash flow
₹-76 Cr
52-week high
₹902.45
-39.84% from high
52-week low
₹459.5
Dividend yield
0.1%
Beta
0.65
SWOT snapshot

Bull case vs bear case

Bull case

Strengths

  • Strong return on equity (29.0%).
  • High Piotroski quality score (8/9).

Opportunities

  • Earnings growing (28% YoY).
  • Revenue growing (255% YoY).
  • Well off its 52-week high — possible mean-reversion.
  • Trades ~29% below our estimated fair value.

Bear case

Weaknesses

  • Price below its 200-day moving average (downtrend).

About Ashapura Minechem Limited

Ashapura Minechem Limited mines, manufactures, and trades minerals and mineral-based products domestically and internationally. Its offerings include bauxite, bentonite, kaolin, silica sand, limestone, and gypsum for applications in aluminium, foundry, cosmetics, metal ore, pelletization, construction, and paper industries, as well as fused alumina, high alumina cement, castables, calcined bauxite, chamotte, mullite, and monoliths for abrasives and refractory uses.

Ashapura Minechem Limited — frequently asked questions

Is Ashapura Minechem Limited a buy, hold or sell?

StocksWizard currently rates Ashapura Minechem Limited (ASHAPURMIN) a Sell, based on a blended score of 40/100 across valuation, quality, momentum and price trend. This is our own model-based view, not investment advice.

What is Ashapura Minechem Limited's fair value?

Our blended DCF and relative-valuation model estimates Ashapura Minechem Limited's fair value at about ₹701.26, versus a current price of ₹542.9 — roughly 29% upside. On that basis the stock looks undervalued by 29%.

Is Ashapura Minechem Limited financially healthy?

Ashapura Minechem Limited scores 29/100 on our financial-health model, placing it in the grey band on the Altman Z-score, with a Piotroski F-score of 8/9.

How has Ashapura Minechem Limited's share price performed?

Ashapura Minechem Limited is down 23% over three months, and last traded at ₹542.9. Past performance doesn't predict future returns.

Our verdict, fair value, financial-health and checklist are StocksWizard's own estimates, computed from public end-of-day data using standard models (DCF, relative valuation, Altman Z, Piotroski). For information only — not investment advice or a recommendation. Verify independently before investing.