Ashapura Minechem Limited — Investor Meet, 25-11-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Ashapura Minechem posted strong Q2 FY26 results, with revenue up 57% YoY to Rs 952.5 Cr and EBITDA more than doubling to Rs 132.1 Cr. H1 performance also robust, with revenue at Rs 2,308 Cr (+75% YoY) and EBITDA at Rs 319.9 Cr (+105% YoY). Operational efficiencies helped maintain EBITDA per ton despite bauxite price dips. Guinea bauxite exports doubled in Q2. A new Rs 80 Cr bridge will boost access to deposits, aiming for 15M tons by FY27-28. Indian business grew >25%, driven by new mines, strong exports, and capacity expansions. Iron ore trial production began. Management confident in growth trajectory.