Ashapura Minechem Income Statement

Financials in millions INR. Fiscal year is April - March.

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Operating Revenue	38,237	27,389	26,538	18,308	12,778	11,481
Revenue	38,237	27,389	26,538	18,308	12,778	11,481
Revenue Growth (YoY)	49.81%	3.21%	44.95%	43.28%	11.30%	243.41%
Cost of Revenue	8,563	5,576	5,819	5,136	3,719	3,275
Gross Profit	29,674	21,814	20,719	13,173	9,060	8,207
Selling, General & Admin	8,015	1,778	1,409	1,203	1,072	903.9
Other Operating Expenses	15,924	15,886	16,687	9,976	6,773	5,691
Operating Expenses	25,206	18,444	18,882	11,905	8,426	7,045
Operating Income	4,468	3,370	1,837	1,268	634.05	1,162
Interest Expense	-1,131	-882.97	-689.57	-595.27	-556.26	-506.82
Interest & Investment Income	40.83	40.83	65.63	39.87	44.95	45.3
Earnings From Equity Investments	236.26	264.96	506.11	176.56	163.87	126.26
Currency Exchange Gain (Loss)	218.26	218.26	361.77	504.19	470.51	43.81
Other Non Operating Income (Expenses)	18.48	18.18	4.2	22.45	48.87	20.87
EBT Excluding Unusual Items	3,851	3,029	2,085	1,415	806	891.2
Gain (Loss) on Sale of Investments	11.05	11.05	2.58	-	140.43	1.31
Gain (Loss) on Sale of Assets	0.79	0.79	14.75	-20.72	31.49	15.64
Other Unusual Items	-45.6	-	984.34	-	-	193.32
Pretax Income	3,821	3,045	3,087	1,395	977.92	1,101
Income Tax Expense	77.66	153.96	269.75	297.29	112.59	226.63
Earnings From Continuing Operations	3,744	2,891	2,817	1,097	865.32	874.84
Minority Interest in Earnings	28	67.4	53.04	72.73	-0.15	-0.01
Net Income	3,772	2,958	2,870	1,170	865.17	874.82
Net Income to Common	3,772	2,958	2,870	1,170	865.17	874.82
Net Income Growth	35.76%	3.07%	145.29%	35.24%	-1.10%	-77.44%
Shares Outstanding (Basic)	96	94	91	91	90	87
Shares Outstanding (Diluted)	96	94	94	91	90	90
Shares Change (YoY)	1.94%	-0.07%	2.87%	2.04%	-0.41%	3.50%
EPS (Basic)	39.49	31.46	31.37	12.79	9.65	10.06
EPS (Diluted)	39.49	31.46	30.50	12.79	9.65	9.72
EPS Growth	33.15%	3.13%	138.48%	32.54%	-0.73%	-78.19%
Free Cash Flow	-	-2,123	-1,838	-402.46	-339.42	-2,034
Free Cash Flow Per Share	-	-22.58	-19.53	-4.40	-3.79	-22.60
Dividend Per Share	-	1.000	-	-	0.500	0.500
Gross Margin	77.61%	79.64%	78.07%	71.95%	70.90%	71.48%
Operating Margin	11.68%	12.30%	6.92%	6.92%	4.96%	10.12%
Profit Margin	9.86%	10.80%	10.81%	6.39%	6.77%	7.62%
Free Cash Flow Margin	-	-7.75%	-6.93%	-2.20%	-2.66%	-17.72%
EBITDA	5,230	4,136	2,611	1,981	1,205	1,601
EBITDA Margin	13.68%	15.10%	9.84%	10.82%	9.43%	13.95%
D&A For EBITDA	761.58	766.74	773.61	712.98	570.57	439.48
EBIT	4,468	3,370	1,837	1,268	634.05	1,162
EBIT Margin	11.68%	12.30%	6.92%	6.92%	4.96%	10.12%
Effective Tax Rate	2.03%	5.06%	8.74%	21.32%	11.51%	20.57%
Revenue as Reported	39,159	28,138	27,156	19,170	13,734	12,089
Advertising Expenses	-	39.86	17.4	12.35	20.15	4.03

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.