BSE:533022

Stock Analysis Report

Executive Summary

20 Microns Limited produces and trades in industrial minerals in India.

Snowflake

Fundamentals

Undervalued with excellent balance sheet.


Similar Companies

Share Price & News

How has 20 Microns's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-0.7%

533022

1.9%

IN Chemicals

3.3%

IN Market


1 Year Return

-7.9%

533022

19.4%

IN Chemicals

7.1%

IN Market

Return vs Industry: 533022 underperformed the Indian Chemicals industry which returned 19.4% over the past year.

Return vs Market: 533022 underperformed the Indian Market which returned 7.1% over the past year.


Shareholder returns

533022IndustryMarket
7 Day-0.7%1.9%3.3%
30 Day-1.2%4.3%2.9%
90 Day4.3%11.0%3.1%
1 Year-7.9%-7.9%22.5%19.4%9.4%7.1%
3 Year-3.8%-5.2%37.6%32.1%22.7%16.4%
5 Year21.7%19.9%131.5%113.8%44.0%30.4%

Price Volatility Vs. Market

How volatile is 20 Microns's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is 20 Microns undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 533022 (₹37.3) is trading below our estimate of fair value (₹103.9)

Significantly Below Fair Value: 533022 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 533022 is good value based on its PE Ratio (5.1x) compared to the Chemicals industry average (10.7x).

PE vs Market: 533022 is good value based on its PE Ratio (5.1x) compared to the Indian market (13x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 533022's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 533022 is good value based on its PB Ratio (0.8x) compared to the IN Chemicals industry average (1.1x).


Next Steps

Future Growth

How is 20 Microns forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

7.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 533022's forecast earnings growth (7.3% per year) is below the savings rate (7.6%).

Earnings vs Market: 533022's earnings (7.3% per year) are forecast to grow slower than the Indian market (18.3% per year).

High Growth Earnings: 533022's earnings are forecast to grow, but not significantly.

Revenue vs Market: Insufficient data to determine if 533022's revenue is forecast to grow faster than the Indian market.

High Growth Revenue: Insufficient data to determine if 533022's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if 533022's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has 20 Microns performed over the past 5 years?

36.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: 533022 has become profitable over the past 5 years, growing earnings by 36.6% per year.

Accelerating Growth: 533022's earnings growth over the past year (27.4%) is below its 5-year average (36.6% per year).

Earnings vs Industry: 533022 earnings growth over the past year (27.4%) exceeded the Chemicals industry 10.4%.


Return on Equity

High ROE: 533022's Return on Equity (15.5%) is considered low.


Return on Assets

ROA vs Industry: 533022 has a higher Return on Assets than the Chemicals industry average last year.


Return on Capital Employed

ROCE Improving: 533022 has improved its Return on Capital Employed over the past 3 years.


Next Steps

Financial Health

How is 20 Microns's financial position?


Financial Position Analysis

Short Term Liabilities: 533022's short term assets (₹1.9B) exceeds its short term liabilities (₹1.6B)

Long Term Liabilities: 533022's short term assets (1.9B) exceeds its long term liabilities (745.4M)


Debt to Equity History and Analysis

Debt Level: 533022's debt to equity ratio (74.5%) is considered high

Reducing Debt: 533022's debt to equity ratio has reduced from 237.2% to 74.5% over the past 5 years.

Debt Coverage: 533022's debt is well covered by operating cash flow (42.9%).

Interest Coverage: 533022's interest payments on its debt are well covered by EBIT (3.2x coverage).


Balance Sheet

Inventory Level: 533022 has a high level of physical assets or inventory.

Debt Coverage by Assets: 533022's debt is covered by short term assets (assets are 1.489690x debt).


Next Steps

Dividend

What is 20 Microns's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

company0%marketbottom25%0.6%markettop25%2.4%industryaverage0.9%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate 533022's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 533022's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if 533022's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 533022's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 533022 is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 533022's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

What is the CEO of 20 Microns's salary, the management and board of directors tenure and is there insider trading?

5.7yrs

Average management tenure


CEO

Rajesh Parikh (48yo)

5.7yrs

Tenure

₹5,438,000

Compensation

Mr. Rajesh Chandreshbhai Parikh has been the Chief Executive Officer of 20 Microns Limited since February 12, 2014 and serves as its Managing Director. Mr. Parikh started his career with Jyoti Limited, a V ...


CEO Compensation Analysis

Compensation vs. Market: Insufficient data to establish whether Rajesh's total compensation is reasonable compared to companies of similar size in the Indian market.

Compensation vs Earnings: Rajesh's compensation has been consistent with company performance over the past year.


Management Age and Tenure

5.7yrs

Average Tenure

52yo

Average Age

Experienced Management: 533022's management team is seasoned and experienced (5.7 years average tenure).


Board Age and Tenure

10.2yrs

Average Tenure

57.5yo

Average Age

Experienced Board: 533022's board of directors are seasoned and experienced ( 10.2 years average tenure).


Insider Trading

Insider Buying: 533022 insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Buy₹1,824,99901 Oct 19
Ajay Ranka
EntityIndividual
Role
Member of the Board of Directors
Non-Executive Independent Director
Shares45,617
Max Price₹40.01
Buy₹2,968,43630 Sep 19
Ajay Ranka
EntityIndividual
Role
Member of the Board of Directors
Non-Executive Independent Director
Shares75,000
Max Price₹39.58
Buy₹155,17526 Sep 19
Ajay Ranka
EntityIndividual
Role
Member of the Board of Directors
Non-Executive Independent Director
Shares4,127
Max Price₹37.61
Buy₹679,35524 Sep 19
Ajay Ranka
EntityIndividual
Role
Member of the Board of Directors
Non-Executive Independent Director
Shares18,223
Max Price₹37.49
Buy₹204,19716 Sep 19
Ajay Ranka
EntityIndividual
Role
Member of the Board of Directors
Non-Executive Independent Director
Shares5,691
Max Price₹35.88
Buy₹360,10513 Sep 19
Ajay Ranka
EntityIndividual
Role
Member of the Board of Directors
Non-Executive Independent Director
Shares10,000
Max Price₹36.01
Buy₹1,028,02010 Sep 19
Ajay Ranka
EntityIndividual
Role
Member of the Board of Directors
Non-Executive Independent Director
Shares30,000
Max Price₹34.48
Buy₹251,86627 Feb 19
Eriez Industries Private Limited
EntityCompany
Shares7,006
Max Price₹35.95
Buy₹1,258,29721 Feb 19
Eriez Industries Private Limited
EntityCompany
Shares36,813
Max Price₹35.00
Sell₹205,96014 Dec 18
Sumita Devidayal
EntityIndividual
Shares4,636
Max Price₹44.50
Sell₹7,47630 Nov 18
Sumita Devidayal
EntityIndividual
Shares168
Max Price₹44.50
Sell₹53,43728 Nov 18
Sumita Devidayal
EntityIndividual
Shares1,200
Max Price₹45.21
Sell₹1,025,98726 Nov 18
Sumita Devidayal
EntityIndividual
Shares22,000
Max Price₹46.72
Sell₹1,599,67421 Nov 18
Ritika Devidayal
EntityIndividual
Shares34,884
Max Price₹46.32
Sell₹290,01121 Nov 18
Ritika Devidayal
EntityIndividual
Shares6,454
Max Price₹44.94

Ownership Breakdown


Management Team

  • Rajesh Parikh (48yo)

    CEO, MD & Executive Director

    • Tenure: 5.7yrs
    • Compensation: ₹5.44m
  • Chandresh Parikh (73yo)

    Executive Chairman

    • Tenure: 0yrs
    • Compensation: ₹6.14m
  • Vipul Chawda (49yo)

    Assistant General Manager of Human Resources & Administration

    • Tenure: 0yrs
  • Narendrakumar Patel (60yo)

    Chief Financial Officer

    • Tenure: 3.2yrs
    • Compensation: ₹3.41m
  • Nirakar Desai (55yo)

    President of Marketing International Business

    • Tenure: 31.2yrs
  • Atil Parikh (42yo)

    MD & Executive Director

    • Tenure: 10.8yrs
    • Compensation: ₹4.54m
  • Anuja Muley

    Company Secretary & Compliance Officer

    • Tenure: 6.5yrs
    • Compensation: ₹1.20m
  • Sunil Mistry

    Senior General Manager of Marketing

    • Tenure: 0yrs

Board Members

  • Jaideep Verma (52yo)

    Non-Executive Independent Director

    • Tenure: 0.4yrs
  • Ram Devidayal (69yo)

    Non-Executive Independent Director

    • Tenure: 12yrs
    • Compensation: ₹475.00k
  • Rajesh Parikh (48yo)

    CEO, MD & Executive Director

    • Tenure: 5.7yrs
    • Compensation: ₹5.44m
  • Chandresh Parikh (73yo)

    Executive Chairman

    • Tenure: 0yrs
    • Compensation: ₹6.14m
  • Atil Parikh (42yo)

    MD & Executive Director

    • Tenure: 10.8yrs
    • Compensation: ₹4.54m
  • Atul Patel (69yo)

    Non-Executive Independent Director

    • Tenure: 10.2yrs
    • Compensation: ₹320.00k
  • Sejal Parikh (46yo)

    Non-Executive Non-Independent Woman Director

    • Tenure: 2.4yrs
    • Compensation: ₹220.00k
  • Ajay Ranka (63yo)

    Non-Executive Independent Director

    • Tenure: 5.1yrs
    • Compensation: ₹180.00k

Company Information

20 Microns Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: 20 Microns Limited
  • Ticker: 533022
  • Exchange: BSE
  • Founded: 1987
  • Industry: Specialty Chemicals
  • Sector: Materials
  • Market Cap: ₹1.316b
  • Shares outstanding: 35.29m
  • Website: https://www.20microns.com

Location

  • 20 Microns Limited
  • 347, GIDC Industrial Estate
  • Waghodia
  • Vadodara
  • Gujarat
  • 391760
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
533022BSE (Mumbai Stock Exchange)YesEquity SharesININROct 2008
20MICRONSNSEI (National Stock Exchange of India)YesEquity SharesININROct 2008

Biography

20 Microns Limited produces and trades in industrial minerals in India. It offers industrial minerals, such as ground calcium carbonate, dolomite, hydrous kaolins, calcined kaolins, talcs, natural barytes, ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/22 12:46
End of Day Share Price2019/10/22 00:00
Earnings2019/06/30
Annual Earnings2019/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.