20 Microns (20MICRONS) had a P/E of 10.1× on 6 Nov 2026, below the industry P/E of 11.5×, and the shares are 23% below their 52-week high. Sales and net profit grew 11% and 17% a year over 3 years, with ROCE of 19% and ROE of 13%. Debt is 0.30× equity, and its dividend yield is 0.7%. It is a small-cap company with a market cap of ₹647 Cr, ranked 11th of 22 Other Industrial Metals & Mining companies by market cap; the shares fell 17% over the past year.
- ₹181.00
- ₹185.81
- ₹177.00
- ₹180.26
- 82.1K
Health check
- ReturnsIn line
−16.6% over a year, better than 3 of 7 peers.
- Price tagIn line
P/E 10.1 vs industry 11.5.
- GrowthSteady
Sales +10.7%, profit +16.9% a year over 3 years.
- ProfitabilityWeak
ROCE 18.9% vs peer median 27.9%.
- Balance sheetSolid
Debt 0.30× equity, interest covered 9.2×, Piotroski 8 of 9.
- Red flags1 to check
Quarterly profit down 21.4% on a year ago.
Small cap
Moves with the market
Key metrics
- Market cap
- ₹647 Cr
- Small cap
- P/E
- 10.1
- Industry 11.5
- Price to book
- 1.27
- Peers 5.18
- Dividend yield
- 0.68%
- ROE
- 13.1%
- Peers 28.4%
- ROCE
- 18.9%
- Peers 27.9%
- Debt to equity
- 0.30
- Debt ₹154 Cr
- EPS (TTM)
- ₹18.14
- Face value ₹5
- OPM (TTM)
- 10.3%
- Net margin 6.7%
- Sales growth
- +3.2%
- Latest quarter vs a year ago
- Profit growth
- −21.4%
- Latest quarter vs a year ago
- Price to sales
- 0.67
- EV/EBITDA 6.4
Strengths and risks
Strengths
- Positive operating cash flow in each of the last 4 years.
Risks to check
- Quarterly profit down 21.4% on a year ago.
About 20 Microns
20 Microns Limited manufactures and markets micronized industrial minerals and specialty chemicals primarily in India and internationally. It offers industrial minerals, including ball clay, barytes, bentonite, bleaching earth, calcined kaolin, calcium carbonate, diatomaceous earth, dolomite, feldspar, fuller's earth, hydrated sodium calcium aluminosilicate, kaolin, mica, perlite, ramming mass silica, talc, wollastonite, and graphite. The company also…
- Headquarters
- Vadodara
- Employees
- 413
- Sector
- Basic Materials
- ISIN
- INE144J01027
- Website
- 20microns.com
Price range
- Avg volume (3M)
- 1.8 L
- 1-year return
- minus 16.6%
- From 52-week high
- minus 22.8%
Peers · Other Industrial Metals & Mining
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| HINDZINCHindustan Zinc | 568.10 | minus 0.46% | 2,40,040 | 11.5 | 10.6 | 62.0% | 53.4% | 0.22 | 5.6% | plus 20.6% |
| VEDLVedanta | 261.75 | minus 0.78% | 1,02,208 | 9.2 | 4.0 | 21.3% | 28.7% | 1.34 | −19.2% | minus 48.1% |
| CMPDICentral Mine Planning & Design Institute | 177.28 | minus 3.82% | 12,653 | 18.8 | 14.4 | 34.6% | 34.2% | 0.00 | 18.7% | plus 15.1% |
| VOGLVedanta Oil and Gas | 30.74 | minus 2.26% | 12,001 | 18.0 | – | 4.1% | 7.3% | 0.15 | 161.8% | minus 14.8% |
| JAINRECJain Resource Recycling | 286.50 | plus 2.23% | 9,887 | 27.8 | 19.4 | 35.5% | 4.5% | 0.82 | 45.4% | minus 25.7% |
| IMFAIndian Metals & Ferro Alloys | 1,106.50 | minus 2.22% | 5,970 | 10.4 | 10.2 | 18.5% | 23.8% | 0.35 | 1.9% | minus 8.0% |
| MOILMOIL | 215.71 | minus 1.41% | 4,389 | 14.9 | 8.7 | – | 20.0% | – | 3.2% | minus 39.9% |
| 20MICRONS20 Microns | 183.22 | plus 1.64% | 647 | 10.1 | 5.8 | 18.9% | 10.3% | 0.30 | 10.7% | minus 16.6% |
| Median of 7 peers | – | −1.41% | 12,001 | 14.9 | 10.4 | 27.9% | 23.8% | 0.29 | 5.6% | −14.8% |
Quarterly results
| ₹ Cr | Sep 25 | Dec 25 | Mar 26 | Jun 26 | Sep 26 |
|---|---|---|---|---|---|
| 231 | 215 | 261 | 245 | 238 | |
| 204 | 192 | 234 | 218 | 216 | |
| 26.4 | 22.8 | 26.6 | 27 | 22.3 | |
| 11.4% | 10.6% | 10.2% | 11.0% | 9.4% | |
| 1.5 | 1.4 | 1.9 | 1 | 1.1 | |
| 4.4 | 4.1 | 3.9 | 3.9 | 4.2 | |
| – | −0.2 | −0.1 | – | – | |
| 23.5 | 19.9 | 24.4 | 24.2 | 19.2 | |
| 26.0% | 25.4% | 28.1% | 26.6% | 29.0% | |
| 17.4 | 15 | 17.6 | 17.8 | 13.7 | |
| 4.93 | 4.24 | 4.99 | 5.04 | 3.87 |
Profit & loss
- Sales CAGR 3Y
- +10.7%
- Profit CAGR 3Y
- +16.9%
- EPS CAGR 3Y
- +16.9%
- ROE
- 13.1%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 701 | 776 | 912 | 952 | |
| – | +10.7% | +17.5% | +4.4% | |
| 616 | 670 | 793 | 828 | |
| 84.5 | 106 | 119 | 124 | |
| 12.1% | 13.7% | 13.0% | 13.0% | |
| −5.6 | −5 | −4.5 | −2.1 | |
| 9.8 | 9.1 | 11.3 | 11.1 | |
| 12 | 14.3 | 18.3 | 20.5 | |
| −0 | −0.9 | −2.1 | 0.4 | |
| 57.2 | 77 | 82.7 | 90.7 | |
| 26.6% | 27.1% | 24.4% | 26.5% | |
| 41.8 | 56.1 | 62.4 | 66.8 | |
| – | +34.1% | +11.2% | +7.1% | |
| 11.85 | 15.89 | 17.68 | 18.94 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 17.6 | 17.6 | 17.6 | 17.6 | |
| 276 | 335 | 412 | 466 | |
| 108 | 122 | 165 | 156 | |
| 123 | 115 | 120 | 117 | |
| 524 | 590 | 715 | 756 | |
| 229 | 231 | 300 | 308 | |
| 16.8 | 20.4 | 16.6 | 12.7 | |
| 8.7 | 17 | 28.3 | 16.9 | |
| 29.7 | 60.7 | 39.4 | 83.2 | |
| 240 | 261 | 331 | 336 | |
| 524 | 590 | 715 | 756 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 63.2 | 54.4 | 31.8 | 104 | |
| −17.7 | −23.1 | −58.8 | −30.9 | |
| −38 | −2.9 | 9.6 | −30.4 | |
| 7.5 | 28.5 | −17.4 | 42.3 | |
| −12.5 | −19.9 | −76.7 | −26.4 | |
| 50.7 | 34.6 | −44.9 | 77.2 | |
| – | – | −4.4 | −4.4 |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company. Institutions hold about 0.0% (Yahoo estimate).
Major shareholders
Filings & events
News
No recent news coverage found.