General Updates

Ref No.: Minechem/Stock Exch/Letter/ 8472 November 05, 2026 The Dy. General Manager, The Dy. General Manager, Bombay Stock Exchange Limited National Stock Exchange of India Ltd., Corporate Relations & Services Dept., Corporate Relations Dept., P.J. Towers, Dalal Street, Exchange Plaza, C-1, Block-G Mumbai - 400 001 Bandra-Kurla Complex, Bandra (E), Mumbai – 400 051 Scrip Code: 527001 Scrip Code: ASHAPURMIN Dear Sir/Madam, Sub.:- Outcome of Board Meeting In terms of Clause 30 & 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors of the Company at its meeting held on 05th November, 2026, has transacted the following, which inter-alia includes: a) Approval of the Un-audited Financial Results (Standalone & Consolidated) of the Company for the Second Quarter and Half year ended 30th September, 2026. b) Taking on record the Limited Review Reports (LRR) (Standalone & Consolidated) dated 05th November, 2026 as issued by the Statutory Auditors of the Company viz. M/s. P A R K & Co. Pursuant to SEBI Regulations, 2015, we are enclosing herewith a Press Release being issued by the Company for the quarter ended 30th September, 2026. These results & press releases are also being made available on the website of the Company at www.ashapura.com. The Meeting started at 04:30 pm and concluded at 06:00 pm. Kindly take the same on your record. Thanking you, Yours faithfully, For ASHAPURA MINECHEM LIMITED SACHIN POLKE COMPANY SECRETARY & PRESIDENT (CORPORATE AFFAIRS) Encl: As above ASHAl'URA MINECHEM LIMITED (CIN: L14108MM1982rLC026396( RECD. OFFICE: JEEVAN UDYOG BUILDING, 3RD FLOOR, 278, D.N.ROAD, MUMBAI 400 001. STATEMENT OF STANDALONl',/CONSOLIDATED UNAUDITED FINANCIAL RESULTS FOR THE HALF YEAR ENDED 30th SEPTEMBER, 2026 (tin crores except for El'S) Standalone Consolidated Quarter ended Half year ended Year ended Quarter ended Half year ended Year ended PARTICULARS 30/09/2026 30/06/2026 30/09/2025 30/09/2026 30/09/2025 31/03/2026 30/09/2026 30/06/2026 30/09/2025 30/09/2026 30/09/2025 31/03/2026 Unaudited Unaudited Unaudited Unaudited Unaudited Audited Unaudited Unaudited Unaudited Unaudited Unaudited Audited I Income (a) Income from operations 77.47 110.63 87.05 188.10 193.07 432.14 1,063.40 1,616."12 952.50 2,679.52 2,308.07 5,237.13 (b) Other income ·12.09 5.02 B.61 17.11 17.26 38.75 12.61 7.60 1.44 20.21 7.39 118.75 Total Income 89.56 115.65 100.66 205.21 210.33 470.89 1,076.01 1,623.72 953.94 2,699.73 2,315.46 5,355.88 2 Expenses (a) Cost of materials consumed 19.30 31.17 16.78 50.46 38.94 88.01 240.30 512.39 '143.85 752.70 401.92 1,202.03 (b) Purchase of stock-in-trade 0.26 1.26 3.57 I.SI 8.70 41.02 20.33 12.73 32.72 33.06 59.80 95.23 (c) Changes in inventories (0.09) 0.61 6.26 0.52 4.14 6.51 (22.39) (lS-1.83) 48.93 (174.21) 155.89 94.75 (d) Employee benefits expenses 9.31 9.02 8.27 18.34 16.37 35.41 4I.09 35.99 32.53 77.08 66.37 143.19 (e) Finance costs 2.21 2.31 3.06 4.52 5.98 11.63 31.45 28.87 29.22 60.32 60.11 1·17.87 (0 Depreciation and amortisation expenses 2.45 2.42 2.54 4.88 4.99 9.88 33.50 36.72 32.16 70.22 63.66 132.72 (g) Selling & Distribution expenses 18.25 14.63 9.09 32.88 17.39 34.90 574.17 908.45 504.27 1,482.62 1,197:18 2,908.29 (h) Other expenses 22.42 20.74 2·1.16 43.17 44.1·1 89.84 84.84 117.08 59.50 201.92 114.44 238.78 Total Expenses 74.11 82.17 70.73 156.28 140.62 317.20 1,003.28 1,500.41 883.19 2,503.70 2,119.37 4,932.87 3 Profit before exceptional items & tax (1-2) 15.46 33.48 29.93 48.93 69.71 153.69 72.73 123.30 70.74 196.03 196.09 423.02 4 Exceptional I terns Gain/ (Loss) - - - - - ("1.77; - - - (4.56) 5 Profit before Share of Profit of JV & Associates (3-4) 15.46 33.48 29.93 48.93 69.71 151.92 72.73 123.30 70.74 196.03 196.09 418.46 6 Share of Profil of joint ventures and associates (net of tax) - - - - - - 5.04 6.72 10.47 11.76 16.96 26.12 7 Profit before tax (5+6) 15.46 33.48 29.93 48.93 69.71 151.92 77.77 130.03 81.22 207.80 213.05 444.58 8 Tax Expenses (a) Current tax - - - - - - 3.84 7.12 4.15 l0.96 13.68 29.23 (b) Earlier years' tax (0.00) (0.03) - (0.03) - 0.19 0.05 S.S-1 - 5.86 - (0.90) (c) Deferred tax 4.16 8.73 (34.621 12.89 (24.641 (2.921 4.17 8.79 (28.911 12.97 (20.50' (0.22' 9 Profit for the period (7-8) 11.29 24.78 64.55 36.07 94.35 154.65 69.70 108.31 105.98 178.01 219.88 416.47 10 Other Comprehensive lncome/(Loss) A Items that will not be reclassified to profit or loss (i) Rcmcasurcmcnts of defined benefit plans (net of taxes) (0.04) (0.04) (O."JO) (0.08) (0.2'1) (0.16) (O:l I) (0.11) (0.53) (0.21) (0.76) (0.43) (ii) Gains on Investments in !'(JUity instruments classified as FVOCI - - - - - - - - - - - - B Items that will be reclassified to profit or loss (i) Exchange differences on foreign currency translation - - - - - - (1.41) 5.38 (13.49) 3.97 (12.06) '15.83 Total Other Comprehensive income (net of tax) (0.04) (0.04) (0.10) (0.08) (0.21) (0.16] (1.51) 5.27 (14.02) 3.76 (12.82) 15.40 11 Total Comprehensive Income for the period (net of tax) 11.26 24.74 64.45 35.99 94.14 154.49 68.19 113.58 91.96 181.77 207.06 431.87 12 Profit for the period attributable to: (a) Shareholders of the Company - - - - - - 51.64 115.34 96.61 166.98 206.48 401.42 (b) Non-controlling interests - -- - - -- -- 18.07 (7.04' 9.37 11.03 13.41 15.05 - 69.70 108.31 105.98 178.01 219.88 416.47 Total Comprehensive Income for the period attributable to: (a) Shareholders of the Company - - - - - - 50.'12 120.61 82.59 170.74 193.65 416.82 (b) Non-controlling interests -- -- -- -- -- -- 18.07 (7.04 9.37 11.03 13.41 15.05 68.19 113.58 91.96 181.77 207.06 431.87 13 Paid-up Equity Share Capital 95,526,098 oft 2 each) 19.11 '19.1'1 "19.11 19.11 19.11 19.11 19.11 19.1'1 19.n 19.1'1 19.11 19.11 Reserves excluding revaluation reserve - - - 455.57 378.33 438.68 - - - "1,781.8"1 1,407.03 1,630.18 14 Earnings Per Share Basic(~ 1.18 2.59 6.76 3.78 9.88 16.19 5.41 12.07 10.11 17.48 21.61 42.02 U1lutell (~J 1.18 2.59 6.76 3.78 9.88 16.19 5.41 12.07 10.11 17.48 21.61 42.02 'Notes to Accounts: The above financial results arc reviewed by the Audit Committee and taken on record at the meeting of the Board of Directors held on OSU, November, 2026. The Statutory Auditors have carried out limited review of the same anti have expressed unmodified opinion on the results The Company has identified Minerals, its derivative products anti related services business as its only primary reportable segment in accordance with the requirements of Ind AS I0/1 Operating Segments. Accordingly, separate segment information has not been provided. 1 The complaints from investors/s hareholders for the quarter ended on 30th September, 2026 : Received -0, Resolved -0, Unresolved -0. 4 Pcrvious Period's figures have been regrouped anti rearranged, wherever necessary. For ASI-IAPURA MINECHEM LIMITED Place: Mumbai Jagdish Shetty Date: 05th November 2026 Director & Audit Committee Chairman ASHAPURA MINECHEM LIMITED Registered Office: 3rd Floor, Jeevan Udyog, 278, D N Road, Fort, Mumbai -400 001. [CIN: L14108MH1982PLC026396) Statement of Assets & Liabilities (? in crores) Standalone Consolidated Particulars As at As at Asal As at 30.09.2026 31.03.2026 30.09.2026 31.03.2026 ASSETS: Non-Current Assets Propertv, plant and equipment 91.39 92.15 1,326.29 1,330.21 Right of use of assets - - 1.36 1.86 Capital work in progress 13.65 8:17 82.98 50.77 Investment properties 17.94 18.30 2.01 2.0-l Intangible assets 0.17 0.18 113.06 117.32 Goodwill - - 47.+l 47.-M Financial assets - - - - Investments 39.72 39.52 - - (a) Investments in associates - - 15-!.79 151.14 (b) Investments m joint ventures - - 22-t+l 219.49 (c) Other investments - - 0.02 0.02 Loans 36.28 30.27 0.13 0.24 Other fi na ncia I assets 10.41 9.86 38.62 34.94 Deferred tax assets 18.30 31.16 27.95 40.88 Other non-current assets 3.68 0.95 115.27 113.77 231.54 230.57 2134.36 2110.13 Current Assets Inventories 91.86 87.46 789.93 584.75 Financial assets - - - - Inv [Showing first 8,000 characters — download PDF for full document]