What we do Ashapura Minechem Ltd is India's largest bentonite mine owner and exporter, also producing bauxite and other minerals used across diverse industries globally. |
Founded in 1,982 |
Market share 6th largest bentonite producer worldwide, largest bentonite and metallurgical bauxite exporter from India. |
Problem solved Provides essential minerals like bentonite and bauxite, solving raw material needs for drilling, foundries, pelletisation, ceramics, and bleaching industries. |
Top clients or who we serve Serves industrial sectors in oil drilling, cement, construction, ceramics, iron and steel, and global mineral markets (B2B). |
Key management Shri Chetan Shah (Executive Chairman), Shri Hemul Shah (CEO & Executive Director). |
Our journey and innovations Since 1982, expanded mines to 9000+ acres, formed key alliances (Mitsubishi), established advanced R&D center, diversified minerals and international footprint. |
Where we operate Operations in India (Gujarat, Kerala, Andhra Pradesh), plus international subsidiaries in Guinea, UAE, Oman, Indonesia, Singapore, and Malaysia. |
Top products or what we offer Bentonite, metallurgical grade bauxite, kaolin, bleaching clay, silica, iron ore, specialty mineral products. |
Top brands Ashapura Volclay Bentonite, Ashapura Boffa Bauxite (Guinea), Ashapura Kaolin Project; leading brands in mining and mineral exports. |
Raw materials needed Primarily own mines of bentonite, bauxite, kaolin, and other minerals; no significant external raw material dependency. |
Raw materials supplier - |
Recurring vs cyclical contribution Predominantly recurring revenue through long-term mining contracts and exports; some cyclical sensitivity to global commodity demand. |
Our industry position Market leader in bentonite mining and export in India; strong presence in global bauxite and mineral markets with growing international operations. |
Financial highlights Consolidated FY25 revenue Rs. 2738.93 Cr with net profit Rs. 295.81 Cr; 3.62% income growth and 44.82% rise in operational profit after tax YoY. |
Geographical revenue split Strong Indian operations with significant exports from Guinea and Middle East subsidiaries, balancing domestic and international sales. |
Order book - |
Whats driving growth Demand surge in aluminium (clean energy transition), infrastructure development, export capacity expansion including new ports, and strategic collaborations. |
Our future plans Expanding mineral portfolio, ramping up capacities in kaolin and bauxite, exploring ceramic raw materials, and enhancing global logistics capabilities. |
Our green promise Solar power adoption, energy conservation initiatives, R&D in sustainable mineral applications, and ESG-aligned corporate social responsibility projects. |
Our people and values 357 employees fostering innovation, ethics, sustainability, with emphasis on training, diversity, safety, and community engagement. |
Key challenges ahead Navigating geopolitical tensions, commodity price volatility, regulatory compliance, and managing legal litigations. |
Interesting facts Owns nearly 9000 acres of mines; newly commissioned ABB Boffa Port in Guinea boosts exports; among world's top six bentonite producers. |
Risks and strategy Risk mitigation includes diversified mineral portfolio, strategic partnerships, capacity expansion, strong governance, and focus on operational efficiency. |
