20 Microns Limited (20MICRONS)

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20 Microns Limited (20MICRONS) · mywealthgrid

About

20 Microns Limited is an industrial minerals company within the Materials sector, with ₹673.88 Cr market cap. It generates consistent profitability with 12–14% operating margins and low leverage (D/E 0.3), supported by annual dividend distributions. The company operates in commodity-linked segments, typical of industrial minerals producers serving downstream manufacturing, construction, and chemical industries.

Face value: ₹5

Market cap

₹732 Cr

P/E

10.8×

P/B

1.5×

Dividend yield

1.2%

ROE

14.6%

ROCE

21%

Debt / equity

0.3

OPM

12.9%

EPS (TTM)

₹19.2

Book value

₹137.1

52-week high

—

52-week low

Key insights

Company research notes and source-linked reviews

Key risks

Revenue volatility across quarters (₹186.68–₹261.06 Cr depending on base/consolidated) reflects commodity cycles or customer concentration—verify production capacity utilization and order book
Operating margins of 12–14% provide limited cushion against input cost inflation or raw material price spikes—verify hedging policies and pricing power
Minimal institutional ownership (FII 0.41%, DII 0.07%) suggests low analyst coverage and potential liquidity constraints—verify trading volumes and capital-market access
1-year stock return of –18.43% despite stable profitability—verify if sector-wide headwinds or company-specific issues drive underperformance

Generated analysis · source review pending

Growth drivers

Revenue growth at current operating margins (12–14%) drives profit expansion linearly; verify if margins can hold and revenue drivers exist
Low leverage (D/E 0.3) provides capacity for capex or strategic M&A if business fundamentals strengthen—verify management's capital allocation priorities
Quarterly net profit of ₹13.75–₹17.74 Cr with consistent dividend payments signals cash generation; verify payout ratio and reinvestment plans
Verify capacity utilization rates, demand trends in downstream industrial minerals end-markets, and competitive cost positioning

Generated analysis · source review pending

2,528 historical price candles were omitted because the exchange source has not been verified.

₹207.3-2.6%1Y

Quick read

rule-based

Pros

+High return on capital employed of 23.2%
+Profit CAGR of 20.1% over the last 5 years

Cons

No red flags triggered.

Research score

Structured signal from quality, growth, valuation and momentum.

59/100

Business quality: 48
Growth: 36
Valuation: 94

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Consolidated Standalone

Consolidated figures · ₹ crore

₹ Cr	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	410	431	480	529	484	613	702	777	913	954
COGS	185	199	228	280	255	319	364	416	486	507
Gross profit	225	232	252	250	229	294	337	362	426	447
	169	172	183	184	170	215	252	256	310	324
	55	60	69	66	58	79	86	105	117	123
OPM %	13.5%	13.9%	14.4%	12.5%	12.1%	12.9%	12.2%	13.5%	12.8%	12.8%
Depreciation	10	10	10	13	14	14	14	14	18	21
Interest	24	22	22	22	25	20	18	16	18	17
	3	4	2	3	3	2	3	3	2	6
Profit before tax	23	28	38	35	22	48	57	77	83	91
Tax	7	9	13	10	-1	13	15	21	20	24
Tax %	31.1%	32.5%	34.9%	30%	-5.7%	27.1%	26.6%	27.1%	24.4%	26.5%
	16	19	25	24	23	35	42	56	62	67
PAT margin %	3.9%	4.4%	5.2%	4.6%	4.8%	5.7%	6%	7.2%	6.8%	7%
EPS (₹)	4.5	5.3	7.1	6.8	6.5	9.8	11.9	15.9	17.7	18.9
EPS adjusted (₹)	4.5	5.3	7.1	6.8	7.6	9.8	11.9	15.9	17.7	18.9
	0%	14%	0%	8.8%	0%	0%	6.3%	7.9%	7.1%	6.6%
Annual report	Annual report for Mar 2017	Annual report for Mar 2018	Annual report for Mar 2019	Annual report for Mar 2020	Annual report for Mar 2021	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025	Annual report for Mar 2026

₹ Cr	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	18	18	18	18	18	18	18	18	18	18
Reserves	92	126	150	170	197	—	276	335	412	466
Minority interest	—	—	0	—	—	—	1	1	5	3
	148	119	110	104	86	—	102	116	151	146
	102	113	127	153	152	—	127	120	129	124
Total equity & liabilities	360	376	404	445	452	—	524	590	715	756
	179	185	195	201	203	207	213	212	284	296
CWIP	4	8	3	11	3	—	7	12	9	13
Investments	2	3	4	2	6	—	9	17	25	19
	175	179	202	231	241	—	294	348	396	429
Total assets	360	376	404	445	452	—	524	590	715	756

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Ratios

Annual operating, return, leverage and working-capital ratios.

Consolidated Standalone

Consolidated figures

Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	52.4%	47.2%	47.3%	48%	48.1%	46.5%	46.7%	46.9%
EBITDA margin %	14.4%	12.5%	12.1%	13%	12.2%	13.5%	12.8%	12.9%
EBIT margin %	12.2%	10.1%	9.2%	10.7%	10.3%	11.7%	10.8%	10.8%
PAT margin %	5.2%	4.6%	4.8%	5.7%	6%	7.2%	6.8%	7%
Working capital
Receivable days	53	57	68	—	51	59	57	68
Inventory days	134	128	144	—	115	99	120	102
Payable days	2	115	134	—	79	55	51	44
NWC days	185	69	78	—	87	103	126	126
Leverage
Current ratio	1.16	1.19	1.23	—	1.53	1.75	1.71	1.92
Debt to EBITDA	1.59	1.58	1.47	—	1.19	1.1	1.29	1.18
Debt to equity	0.65	0.56	0.4	—	0.35	0.33	0.35	0.3
Interest coverage	2.8	2.6	1.9	3.4	4.2	5.8	5.7	6.3
Asset turnover	1.19	1.19	1.07	—	1.34	1.32	1.28	1.26
Return ratios
Return on assets %	6.2%	5.4%	5.1%	—	8%	9.5%	8.7%	8.8%
Return on capital employed %	25.7%	22.2%	17.9%	—	21.8%	25.5%	23%	21%
Return on equity %	15%	12.9%	10.7%	—	14.3%	15.9%	14.6%	13.8%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	44.95%	44.95%	44.95%	44.95%	44.99%	45.04%	45.04%	45.04%	45.04%	45.04%	45.04%	45.04%
	0.72%	0.72%	0.73%	0.78%	1%	0.87%	0.84%	0.88%	0.26%	0.26%	0.41%	0.41%
	0%	0%	0%	0.06%	0.02%	0.02%	0.15%	0.15%	0.18%	0.07%	0.11%	0.07%
Government	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	54.33%	54.33%	54.32%	54.21%	53.99%	54.07%	53.97%	53.93%	54.52%	54.63%	54.44%	54.48%
No. of shareholders	—	—	—	—	—	—	—	—	38,301	38,916	38,301	39,233

Promoter holding up 0.09 percentage points since Sep 2023.

58 deals · 15 Dec 2021 – 23 Jun 2026

Date	Client	Type	Venue	Side	Quantity	Price	Value
23 Jun 2026	NK SECURITIES RESEARCH PRIVATE LIMITED	Bulk	NSE	Sell	4,06,015	₹212.14	₹8.61 Cr
23 Jun 2026	NK SECURITIES RESEARCH PRIVATE LIMITED	Bulk	NSE	Buy	4,06,015	₹211.94	₹8.61 Cr
23 Jun 2026	QE SECURITIES LLP	Bulk	NSE	Buy	2,61,491	₹209.03	₹5.47 Cr
23 Jun 2026	QE SECURITIES LLP	Bulk	NSE	Sell	2,53,804	₹210.92	₹5.35 Cr
23 Jun 2026	GRT STRATEGIC VENTURES LLP	Bulk	NSE	Buy	2,17,422	₹211.56	₹4.60 Cr
23 Jun 2026	GRT STRATEGIC VENTURES LLP	Bulk	NSE	Sell	2,17,422	₹211.70	₹4.60 Cr
23 Jun 2026	SILVERLEAF CAPITAL SERVICES PRIVATE LIMITED	Bulk	NSE	Sell	1,85,551	₹213.48	₹3.96 Cr
23 Jun 2026	SILVERLEAF CAPITAL SERVICES PRIVATE LIMITED	Bulk	NSE	Buy	1,85,551	₹213.51	₹3.96 Cr
26 Dec 2025	NK SECURITIES RESEARCH PRIVATE LIMITED	Bulk	NSE	Buy	7,79,427	₹227.93	₹17.77 Cr
26 Dec 2025	NK SECURITIES RESEARCH PRIVATE LIMITED	Bulk	NSE	Sell	7,79,427	₹228.37	₹17.80 Cr

1–10 of 58

1 / 6

Mr. RAJESH C PARIKHExecutive Director-Chairperson-MD
Mr. ATIL C PARIKHExecutive Director-CEO
Mrs. SEJAL PARIKHExecutive Director
Mr. JAIDEEP B. VERMANon-Executive - Independent Director
Mr. SWAMINATHAN SIVARAMNon-Executive - Independent Director
Mr. DUKHABANDHU RATHNon-Executive - Independent Director
Mr. PREMKUMAR TANEJANon-Executive - Independent Director
Mr. Nihad M. BaluchChief Financial Officer
Mrs. Komal PandeyCompany Secretary & Compliance Officer

Current officeholders as filed with BSE. A person holding two offices is listed once per office.

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

No fund holdings on record

No scheme among the 32 fund houses on record reported a position in 20 Microns Limited. Portfolios are published monthly by each AMC; coverage is still partial.

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

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Events

Upcoming dates and the company’s corporate-action history.

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

57 announcementsExport CSV

28 Sept 2026, 3:02 pmInsider Trading / SAST

Closure of Trading Window

Closure of Trading Window PDF

14 Aug 2026, 4:30 pmCompany Update

Announcement under Regulation 30 (LODR)-Acquisition

Acquisition PDF

3 Aug 2026, 5:18 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Outcome of AGM

AGM PDF

3 Aug 2026, 12:33 pmCompany Update

Announcement under Regulation 30 (LODR)-Newspaper Publication

Newspaper Publication PDF

31 Jul 2026, 3:55 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Scrutinizer''s Report

AGM PDF

31 Jul 2026, 2:15 pmResult

Unaudited Financial Result For Quarter Ended June 30, 2026

Financial Results PDF

31 Jul 2026, 2:03 pmBoard Meeting

Board Meeting Outcome for Standalone And Consolidated Unaudited Financial Results, Along With The Limited Review Reports For The Quarter Ended June 30, 2026

Outcome of Board Meeting PDF

31 Jul 2026, 1:05 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Outcome of AGM

AGM PDF

Date	Category	Subject	Filing
28 Sept 2026, 3:02 pm	Insider Trading / SAST Closure of Trading Window	Closure of Trading Window	PDF
14 Aug 2026, 4:30 pm	Company Update Acquisition	Announcement under Regulation 30 (LODR)-Acquisition

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Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	52.4%	47.2%	47.3%	48%	48.1%	46.5%	46.7%	46.9%
EBITDA margin %	14.4%	12.5%	12.1%	13%	12.2%	13.5%	12.8%	12.9%
EBIT margin %	12.2%	10.1%	9.2%	10.7%	10.3%	11.7%	10.8%	10.8%
PAT margin %	5.2%	4.6%	4.8%	5.7%	6%	7.2%	6.8%	7%
Working capital
Receivable days	53	57	68	—	51	59	57	68
Inventory days	134	128	144	—	115	99	120	102
Payable days	2	115	134	—	79	55	51	44
NWC days	185	69	78	—	87	103	126	126
Leverage
Current ratio	1.16	1.19	1.23	—	1.53	1.75	1.71	1.92
Debt to EBITDA	1.59	1.58	1.47	—	1.19	1.1	1.29	1.18
Debt to equity	0.65	0.56	0.4	—	0.35	0.33	0.35	0.3
Interest coverage	2.8	2.6	1.9	3.4	4.2	5.8	5.7	6.3
Asset turnover	1.19	1.19	1.07	—	1.34	1.32	1.28	1.26
Return ratios
Return on assets %	6.2%	5.4%	5.1%	—	8%	9.5%	8.7%	8.8%
Return on capital employed %	25.7%	22.2%	17.9%	—	21.8%	25.5%	23%	21%
Return on equity %	15%	12.9%	10.7%	—	14.3%	15.9%	14.6%	13.8%

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Lloyds Metals And Energy LimitedLLOYDSMELLOYDSME	₹1,00,016 Cr	₹1,20,397 Cr	₹22,084 Cr	₹8,129 Cr	35.9%	₹4,766 Cr	22.4%	31.1%	36.3%	31
Nmdc LimitedNMDCNMDC	₹65,622 Cr	₹71,496 Cr	₹32,127 Cr	₹9,249 Cr	28.9%	₹7,459 Cr	23.2%	32.4%	24.9%	226
Gujarat Mineral Development Corporation LimitedGMDCLTDGMDCLTD	₹15,507 Cr	₹15,816 Cr	₹2,827 Cr	₹466 Cr	16.7%	₹956 Cr	36.1%	9.8%	14.2%	-17
Gravita India LimitedGRAVITAGRAVITA	₹10,425 Cr	₹11,157 Cr	₹4,700 Cr	₹444 Cr	10.2%	₹392 Cr	8.9%	19.3%	16.8%	139
Moil LimitedMOILMOIL	₹4,735 Cr	₹4,735 Cr	₹976 Cr	₹137 Cr	33.3%	₹74 Cr	24.1%	18.4%	12.5%	—
Ashapura Minechem LimitedASHAPURMINASHAPURMIN	₹4,679 Cr	₹6,123 Cr	₹5,498 Cr	₹554 Cr	10.6%	₹411 Cr	8%	21.6%	27.8%	-22
The Orissa Minerals Development Company LimitedORISSAMINEORISSAMINE	₹2,123 Cr	₹2,264 Cr	₹103 Cr	₹17 Cr	9.7%	₹3 Cr	-3.1%	12.3%	—	167
20 Microns Limited20MICRONS20MICRONS	₹732 Cr	₹877 Cr	₹951 Cr	₹124 Cr	12.9%	₹68 Cr	7%	21%	14.6%	126
Nile LimitedNILENILE	₹373 Cr	₹395 Cr	₹920 Cr	₹56 Cr	6.1%	₹31 Cr	4%	20.1%	14.7%	—
Goa Carbon LimitedGOACARBONGOACARBON	₹371 Cr	₹538 Cr	₹563 Cr	₹-25 Cr	-4%	₹-47 Cr	-6.9%	-9.7%	-25%	106
ASI Industries LtdASIILASIIL	₹204 Cr	₹314 Cr	₹238 Cr	₹-14 Cr	-6%	₹-56 Cr	-23.5%	-11.8%	-17.4%	219
Southern Magnesium & Chemicals LtdSOUTHMGSOUTHMG	₹23 Cr	₹28 Cr	₹2 Cr	₹0 Cr	0.9%	₹-0 Cr	3.9%	4.9%	1%	1,452

₹ Cr	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	44	61	53	43	52	35	63	54	32	104
	-9	-18	-19	-14	-9	-23	-18	-20	-59	-31
	-34	-44	-33	-30	-45	-4	-38	-6	10	-30
Net cash flow	2	-1	2	-1	-2	9	8	28	-17	42
Free cash flow	—	—	—	—	42	8	51	35	-45	77
CFO / Operating profit %	80.3%	101.2%	77.4%	65%	89%	44.5%	73.7%	51.8%	27.2%	84.2%

20 Microns Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Ratios

Shareholding

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

Announcements

No fund holdings on record

Not in the F&O segment

Announcements

Annual reports

Credit ratings

Investor Presentation and earnings call

11

1

1

Compounded sales growth

Compounded profit growth

Return on equity

20 Microns Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Ratios

Ratio timeline

Shareholding

Quarterly record

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

Announcements

Ratio timeline

No fund holdings on record

Not in the F&O segment

Quarterly record

Bulk & block deals

Board and management

Announcements

Annual reports

Credit ratings

Investor Presentation and earnings call

Dividends11

Board meetings1

Stock splits1

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

11

1

1