Ashapura Minechem Rs 2 final dividend: key dates 2026
Ask Iris
Dividend announcement and what is confirmed
Ashapura Minechem Ltd has recommended a final dividend of Rs 2 per equity share. The company’s disclosures in the provided data point to FY26 as the year for which the final dividend is being proposed. The face value mentioned is Rs 2 per share, and the recommended dividend is described as 100 percent, which aligns with the Rs 2 per share amount. The data also shows the last dividend declared as Rs 2 per share, declared on 28 May 2026. Investors typically track both the declaration date and the eligibility dates to understand who will receive the payout.
In addition to the final dividend reference, the same dataset also shows a dividend yield of 0.38 percent attached to the Rs 2 per share dividend declared on 28 May 2026. Dividend yield depends on the market price at the time of calculation, so it can vary across sources and dates. What remains consistent here is the dividend amount of Rs 2 per share.
Ex-dividend date and record date: 22 September 2026
The ex-dividend date is listed as 22 September 2026. The record date is also listed as 22 September 2026. This pairing matters because shareholders on the company’s register as of the record date are considered eligible, while the ex-dividend date determines from when the stock trades without the dividend entitlement.
With both dates shown as the same day in the provided information, investors generally focus on the trading calendar and settlement timelines used by exchanges. The dataset also indicates that the company shared tax deduction at source (TDS) details alongside the dividend communication, signalling that the process has been formally communicated.
What the company reported for Q1 FY27
For the quarter ended June 30, 2026 (Q1 FY27), the dataset contains two different consolidated profit figures reported in different parts of the source text. One portion states net profit of Rs 115.34 crore for Q1 2026-27, up 4.99 percent year-on-year. Another portion states consolidated net profit of Rs 108.31 crore for Q1 FY27, compared with Rs 113.90 crore in Q1 FY26, implying a 4.9 percent decline.
On revenue, the numbers are more consistent. Ashapura Minechem reported consolidated revenue from operations of Rs 1,616.12 crore for Q1 FY27, up 19.2 percent from Rs 1,355.57 crore in Q1 FY26. Total income is listed at Rs 1,623.72 crore for Q1 FY27 versus Rs 1,361.52 crore in Q1 FY26, a 19.3 percent increase. Total expenses are listed at Rs 1,500.41 crore for Q1 FY27 versus Rs 1,236.18 crore in Q1 FY26, a 21.4 percent rise.
Standalone snapshot and quarterly series included in the data
On a standalone basis, the dataset lists profit after tax of Rs 24.78 crore for Q1 FY27, compared with Rs 29.80 crore in Q1 FY26. A separate “Quarterly Result (All Figures in Cr.)” table shows a different series where Jun 2026 net sales are listed as Rs 110.63 crore and profit after tax as Rs 24.78 crore, which aligns with the standalone profit figure included elsewhere.
The same quarterly table provides operating profit, other income, interest, depreciation, profit before tax and tax across quarters from Jun 2025 to Jun 2026. It also includes an exceptional item of negative Rs 1.77 crore in Dec 2025. Separately, the dataset references the implementation impact of new labour codes of Rs 1.77 crore (standalone) and Rs 4.56 crore (consolidated), presented as exceptional items.
Operating update: bauxite volumes and targets
The earnings call highlights referenced in the dataset indicate bauxite volumes grew to 2.34 million metric tons, supported by expanding bauxite exports from Guinea. The same text notes margin pressure linked to high freight costs. Operationally, Ashapura Minechem adjusted its FY27 volume target to 9-11 million tons, while maintaining an FY28 target of 15 million tons.
The dataset also links the FY28 target to an ambition of around $1 billion in sales. This is framed as an operational scale and sales aspiration rather than a reported rupee revenue figure, and it sits alongside the company’s near-term update on volumes and freight-linked margin pressures.
Share price and market capitalisation references in the dataset
Two different “current price” references appear in the provided material. One line states the current share price of Ashapura Minechem is Rs 538.15. Another market snapshot line lists current price as Rs 525 and market cap as Rs 5,018 crore.
A separate line states market capitalisation as Rs 5,140.73696387 crore, calculated based on the latest share price cited in that section. Because these values are drawn from different parts of the source text, they should be read as point-in-time references rather than a single synchronized snapshot.
Key numbers table
Governance and disclosures referenced
The dataset notes that the financial results were reviewed by the Audit Committee and approved by the Board of Directors. It also says the statutory auditors carried out a limited review of the accounts. Publication of the extract of results in The Free Press Journal and Navshakti is mentioned as a Regulation 47(1)(b) compliance step under SEBI (LODR) Regulations, 2015. The intimation reference to stock exchanges is cited as Minechem/Stock Exch/Letter/8446 dated August 9, 2026.
On investor servicing, the dataset states four investor complaints were received during the quarter and all were resolved, with no unresolved complaints. Separately, Ashapura Minechem disclosed that its promoter group reported no encumbrances on shares held directly or indirectly during FY 2025-26, with zero encumbered shares out of a total promoter holding of 45,879,829 shares as of March 31, 2026.
Shareholding move: Eriska Investment Fund stake
The dataset also includes a shareholding update stating that Eriska Investment Fund raised its stake in Ashapura Minechem to 7.2916 percent by 16 September 2026. Such updates are typically watched by markets because they can signal changing institutional ownership, though the dataset does not provide transaction prices or a timeline of purchases.
Market impact and why the numbers matter
From the financial data provided, the most visible theme is strong top-line growth in Q1 FY27, with revenue from operations up 19.2 percent year-on-year to Rs 1,616.12 crore. At the same time, expenses rose faster than income in the consolidated comparison table, with total expenses up 21.4 percent year-on-year to Rs 1,500.41 crore. The dataset links profit pressure to a disproportionate rise in operating expenses, particularly selling and distribution.
The dividend schedule is a separate catalyst for investors tracking near-term cash returns. With the ex-dividend and record dates listed as September 22, 2026, eligibility timing becomes the key operational detail for shareholders. The cited dividend yield of 0.38 percent indicates the payout is modest relative to the stock price references included in the material.
Conclusion
Ashapura Minechem’s data points centre on a Rs 2 final dividend with both the record date and ex-dividend date listed as 22 September 2026, alongside Q1 FY27 revenue growth to Rs 1,616.12 crore and mixed net profit figures cited across sources. Operationally, the company reported bauxite volume growth to 2.34 million metric tons and updated its FY27 volume target to 9-11 million tons while maintaining a FY28 target of 15 million tons. The next practical milestone for investors, based on the information provided, is the September 22, 2026 dividend timeline and any subsequent company communication on the dividend payment process.
Frequently Asked Questions
Did your stocks survive the war?
See what broke. See what stood.
Live Q1 Earnings Tracker
