20 Microns Ltd

20 Microns Ltd

₹ 230 0.57%
26 Dec 3:22 p.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 813 Cr.
  • Current Price 230
  • High / Low 348 / 131
  • Stock P/E 15.1
  • Book Value 99.2
  • Dividend Yield 0.54 %
  • ROCE 21.4 %
  • ROE 17.4 %
  • Face Value 5.00

Pros

  • Company has delivered good profit growth of 18.8% CAGR over last 5 years

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

Standalone Figures in Rs. Crores / View Consolidated

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
137 135 145 154 159 134 151 162 172 152 187 201 210
122 117 126 134 141 121 134 140 147 134 166 177 184
Operating Profit 16 19 18 20 18 13 17 22 25 18 21 24 26
OPM % 11% 14% 13% 13% 12% 10% 11% 14% 14% 12% 11% 12% 12%
1 1 2 2 2 2 1 2 1 1 2 4 2
Interest 7 4 4 4 4 3 4 3 3 3 3 3 4
Depreciation 3 3 3 3 3 3 3 3 3 3 3 3 4
Profit before tax 7 13 13 15 13 9 12 18 20 13 17 21 20
Tax % 30% 26% 26% 26% 26% 29% 22% 24% 28% 26% 28% 24% 25%
5 10 10 11 10 6 9 14 14 10 12 16 15
EPS in Rs 1.44 2.81 2.77 3.09 2.79 1.76 2.61 3.93 4.01 2.83 3.45 4.61 4.34
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

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
275 288 311 333 357 385 436 490 432 517 598 672 749
242 265 288 291 308 332 374 431 382 451 529 586 660
Operating Profit 33 23 23 41 49 52 62 59 51 66 69 86 89
OPM % 12% 8% 7% 12% 14% 14% 14% 12% 12% 13% 12% 13% 12%
-4 8 6 4 2 2 2 8 5 6 7 6 10
Interest 16 22 25 24 23 21 21 20 24 18 15 13 13
Depreciation 7 10 9 9 9 9 9 11 12 12 12 12 13
Profit before tax 6 0 -5 12 19 24 34 35 21 42 49 68 72
Tax % 42% -62% -12% 23% 32% 33% 36% 29% -8% 27% 26% 26%
3 0 -4 9 13 16 22 25 22 31 36 50 54
EPS in Rs 1.02 0.04 -1.20 2.65 3.73 4.50 6.15 7.08 6.36 8.75 10.24 14.21 15.23
Dividend Payout % 49% 0% 0% 0% 0% 17% 0% 8% 0% 0% 7% 9%
Compounded Sales Growth
10 Years: 9%
5 Years: 9%
3 Years: 16%
TTM: 21%
Compounded Profit Growth
10 Years: 63%
5 Years: 19%
3 Years: 31%
TTM: 21%
Stock Price CAGR
10 Years: 22%
5 Years: 48%
3 Years: 59%
1 Year: 23%
Return on Equity
10 Years: 14%
5 Years: 15%
3 Years: 16%
Last Year: 17%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

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 51 58 53 66 100 115 134 156 181 216 252 306 333
148 162 153 155 145 129 117 111 90 106 83 98 76
51 71 90 76 76 90 98 117 113 117 108 103 172
Total Liabilities 267 307 312 315 339 351 367 402 402 457 460 525 599
139 147 143 140 156 164 175 177 180 185 190 191 219
CWIP 3 11 7 2 7 8 3 8 2 5 7 12 3
Investments 7 7 7 7 20 22 21 19 22 34 35 43 66
117 142 155 166 156 158 169 197 198 233 229 279 310
Total Assets 267 307 312 315 339 351 367 402 402 457 460 525 599

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
41 23 24 18 53 50 46 40 56 44 56 40
-36 -19 -4 1 -20 -11 -12 -10 -9 -32 -14 -19
-7 -3 -14 -25 -32 -41 -34 -29 -48 -4 -39 -1
Net Cash Flow -2 1 7 -5 1 -2 -1 1 -1 8 3 21

Ratios

Standalone Figures in Rs. Crores / View Consolidated

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 60 67 50 60 54 59 56 61 70 67 55 61
Inventory Days 118 148 146 148 129 128 124 104 120 118 98 90
Days Payable 72 120 154 120 107 118 107 101 127 110 83 60
Cash Conversion Cycle 106 94 42 88 76 68 74 63 63 76 70 91
Working Capital Days 54 45 49 72 60 54 58 62 68 78 71 83
ROCE % 14% 10% 9% 15% 17% 18% 21% 20% 16% 19% 18% 21%

Shareholding Pattern

Numbers in percentages

4 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