20 Microns Ltd

20 Microns Ltd

₹ 240 -2.24%
12 Dec 9:03 a.m.
About

Incorporated in 1987, 20 Microns
Ltd is in the business of Industrial
Micronised Minerals and Speciality
Chemicals[1]

Key Points

Business Overview:[1]
20ML is a flagship company of 20 Microns Group. It is India’s largest producer and supplier
of Ultrafine Industrial Minerals & Speciality Chemicals. It employs control instruments to produce industrial minerals, paint additives,
quartz, fillers for paint and ceramics, etc.

  • Market Cap 847 Cr.
  • Current Price 240
  • High / Low 348 / 131
  • Stock P/E 14.3
  • Book Value 109
  • Dividend Yield 0.52 %
  • ROCE 21.7 %
  • ROE 17.8 %
  • Face Value 5.00

Pros

Cons

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
162 161 172 186 188 155 173 191 200 175 212 231 240
143 138 150 161 164 138 153 164 170 153 186 201 209
Operating Profit 20 23 22 25 23 17 21 26 30 22 27 30 31
OPM % 12% 14% 13% 13% 12% 11% 12% 14% 15% 13% 12% 13% 13%
1 0 1 1 1 1 0 1 0 0 2 2 1
Interest 8 4 4 4 5 4 4 4 4 4 5 4 4
Depreciation 3 3 4 3 3 3 4 3 3 4 4 4 5
Profit before tax 9 16 15 18 16 10 13 20 22 15 19 24 23
Tax % 29% 26% 27% 25% 26% 27% 29% 25% 28% 25% 29% 26% 27%
7 12 11 13 12 7 9 15 16 12 14 18 16
EPS in Rs 1.85 3.30 3.01 3.76 3.36 2.09 2.64 4.23 4.54 3.25 3.87 5.06 4.65
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
312 327 356 357 392 427 480 529 484 613 702 777 858
273 297 326 310 337 367 411 463 425 534 616 672 748
Operating Profit 39 31 30 46 56 60 69 66 59 79 86 106 110
OPM % 12% 9% 8% 13% 14% 14% 14% 12% 12% 13% 12% 14% 13%
-5 2 4 4 2 1 2 3 2 2 3 2 5
Interest 18 24 27 25 24 22 22 22 25 20 18 16 17
Depreciation 8 11 11 10 10 10 10 13 14 14 14 14 16
Profit before tax 8 -2 -3 14 23 28 38 35 22 48 57 77 81
Tax % 37% 19% -16% 24% 31% 32% 35% 30% -6% 27% 27% 27%
5 -2 -2 11 16 19 25 24 23 35 42 56 60
EPS in Rs 1.51 -0.68 -0.74 3.11 4.49 5.34 7.08 6.84 6.51 9.80 11.85 15.89 16.83
Dividend Payout % 33% 0% 0% 0% 0% 14% 0% 9% 0% 0% 6% 8%
Compounded Sales Growth
10 Years: 9%
5 Years: 10%
3 Years: 17%
TTM: 19%
Compounded Profit Growth
10 Years: 49%
5 Years: 18%
3 Years: 35%
TTM: 22%
Stock Price CAGR
10 Years: 23%
5 Years: 50%
3 Years: 57%
1 Year: 34%
Return on Equity
10 Years: 14%
5 Years: 15%
3 Years: 16%
Last Year: 18%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 16 17 17 18 18 18 18 18 18 18 18 18 18
Reserves 53 57 54 70 107 126 150 170 197 234 276 335 366
165 177 165 163 152 134 124 119 104 123 108 121 131
60 77 98 83 86 98 112 137 133 140 121 114 156
Total Liabilities 294 328 333 334 363 376 404 444 452 514 523 588 671
152 158 151 151 177 185 195 201 203 207 213 212 240
CWIP 4 9 7 4 7 8 4 11 3 5 8 12 5
Investments 1 1 1 1 2 3 4 2 6 9 9 17 17
137 160 174 178 177 179 201 230 240 293 293 347 409
Total Assets 294 328 333 334 363 376 404 444 452 514 523 588 671

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
45 37 30 25 44 61 53 45 52 35 63 54
-39 -21 -4 -6 -9 -18 -19 -16 -9 -23 -18 -23
-7 -14 -21 -26 -34 -44 -33 -30 -45 -4 -38 -3
Net Cash Flow -1 1 6 -6 2 -1 2 -1 -2 9 8 28

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 62 65 51 57 56 57 53 57 68 60 51 59
Inventory Days 111 134 126 150 133 132 134 128 144 148 115 99
Days Payable 76 112 138 118 105 113 106 115 134 113 79 54
Cash Conversion Cycle 96 87 39 90 84 77 80 69 78 94 87 104
Working Capital Days 55 47 47 72 66 59 60 63 73 86 78 88
ROCE % 15% 10% 9% 16% 18% 19% 21% 19% 15% 19% 19% 22%

Shareholding Pattern

Numbers in percentages

2 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
44.83% 44.83% 44.83% 44.83% 44.83% 44.83% 44.83% 44.95% 44.95% 44.95% 44.95% 44.99%
0.46% 1.07% 0.70% 1.02% 0.73% 0.93% 0.72% 0.72% 0.72% 0.73% 0.78% 1.00%
0.00% 0.00% 0.00% 0.13% 0.13% 0.00% 0.00% 0.00% 0.00% 0.00% 0.06% 0.02%
54.71% 54.10% 54.47% 54.03% 54.31% 54.23% 54.45% 54.33% 54.33% 54.32% 54.21% 53.99%
No. of Shareholders 18,25925,06423,75923,01122,44422,33622,33219,76820,54622,49226,05731,992

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Concalls