20 Microns
Market Cap
₹1.3b
Last Updated
2019/10/22 12:55 UTC
Data Sources
Company Financials
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
-1.6%
20MICRONS
1.1%
IN Chemicals
2.4%
IN Market
1 Year Return
-5.8%
20MICRONS
22.1%
IN Chemicals
8.0%
IN Market
Return vs Industry: 20MICRONS underperformed the Indian Chemicals industry which returned 22.1% over the past year.
Return vs Market: 20MICRONS underperformed the Indian Market which returned 8% over the past year.
Shareholder returns
| 20MICRONS | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.6% | 1.1% | 2.4% |
| 30 Day | 0% | 3.7% | 2.5% |
| 90 Day | 4.2% | 10.4% | 3.6% |
| 1 Year | -5.8%-5.8% | 25.2%22.1% | 10.3%8.0% |
| 3 Year | -4.1%-5.4% | 37.0%31.6% | 22.3%16.0% |
| 5 Year | 22.2%20.4% | 130.3%112.8% | 42.8%29.3% |
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
2 days ago | Simply Wall St
Did 20 Microns's (NSE:20MICRONS) Share Price Deserve to Gain 22%?2 weeks ago | Simply Wall St
Trade Alert: The Non-Executive Independent Director Of 20 Microns Limited (NSE:20MICRONS), Ajay Ranka, Has Just Spent ₹3.0m Buying Shares3 weeks ago | Simply Wall St
Do You Like 20 Microns Limited (NSE:20MICRONS) At This P/E Ratio?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: 20MICRONS (₹37.45) is trading below our estimate of fair value (₹104.01)
Significantly Below Fair Value: 20MICRONS is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 20MICRONS is good value based on its PE Ratio (5.1x) compared to the Chemicals industry average (10.8x).
PE vs Market: 20MICRONS 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 20MICRONS's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 20MICRONS 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: 20MICRONS's forecast earnings growth (7.3% per year) is below the savings rate (7.6%).
Earnings vs Market: 20MICRONS's earnings (7.3% per year) are forecast to grow slower than the Indian market (18.4% per year).
High Growth Earnings: 20MICRONS's earnings are forecast to grow, but not significantly.
Revenue vs Market: Insufficient data to determine if 20MICRONS's revenue is forecast to grow faster than the Indian market.
High Growth Revenue: Insufficient data to determine if 20MICRONS'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 20MICRONS'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: 20MICRONS has become profitable over the past 5 years, growing earnings by 36.6% per year.
Accelerating Growth: 20MICRONS's earnings growth over the past year (27.4%) is below its 5-year average (36.6% per year).
Earnings vs Industry: 20MICRONS earnings growth over the past year (27.4%) exceeded the Chemicals industry 10.4%.
Return on Equity
High ROE: 20MICRONS's Return on Equity (15.5%) is considered low.
Return on Assets
ROA vs Industry: 20MICRONS has a higher Return on Assets than the Chemicals industry average last year.
Return on Capital Employed
ROCE Improving: 20MICRONS 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: 20MICRONS's short term assets (₹1.9B) exceeds its short term liabilities (₹1.6B)
Long Term Liabilities: 20MICRONS's short term assets (1.9B) exceeds its long term liabilities (745.4M)
Debt to Equity History and Analysis
Debt Level: 20MICRONS's debt to equity ratio (74.5%) is considered high
Reducing Debt: 20MICRONS's debt to equity ratio has reduced from 237.2% to 74.5% over the past 5 years.
Debt Coverage: 20MICRONS's debt is well covered by operating cash flow (42.9%).
Interest Coverage: 20MICRONS's interest payments on its debt are well covered by EBIT (3.2x coverage).
Balance Sheet
Inventory Level: 20MICRONS has a high level of physical assets or inventory.
Debt Coverage by Assets: 20MICRONS'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
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: Unable to evaluate 20MICRONS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate 20MICRONS'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 20MICRONS's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 20MICRONS's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 20MICRONS is not paying a notable dividend for the Indian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 20MICRONS'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: 20MICRONS'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: 20MICRONS's board of directors are seasoned and experienced ( 10.2 years average tenure).
Insider Trading
Insider Buying: 20MICRONS insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Member of the Board of Directors Non-Executive Independent Director |
| Shares | 45,617 |
| Max Price | ₹40.01 |
| Entity | Individual |
| Role | Member of the Board of Directors Non-Executive Independent Director |
| Shares | 75,000 |
| Max Price | ₹39.58 |
| Entity | Individual |
| Role | Member of the Board of Directors Non-Executive Independent Director |
| Shares | 4,127 |
| Max Price | ₹37.61 |
| Entity | Individual |
| Role | Member of the Board of Directors Non-Executive Independent Director |
| Shares | 18,223 |
| Max Price | ₹37.49 |
| Entity | Individual |
| Role | Member of the Board of Directors Non-Executive Independent Director |
| Shares | 5,691 |
| Max Price | ₹35.88 |
| Entity | Individual |
| Role | Member of the Board of Directors Non-Executive Independent Director |
| Shares | 10,000 |
| Max Price | ₹36.01 |
| Entity | Individual |
| Role | Member of the Board of Directors Non-Executive Independent Director |
| Shares | 30,000 |
| Max Price | ₹34.48 |
| Entity | Company |
| Shares | 7,006 |
| Max Price | ₹35.95 |
| Entity | Company |
| Shares | 36,813 |
| Max Price | ₹35.00 |
| Entity | Individual |
| Shares | 4,636 |
| Max Price | ₹44.50 |
| Entity | Individual |
| Shares | 168 |
| Max Price | ₹44.50 |
| Entity | Individual |
| Shares | 1,200 |
| Max Price | ₹45.21 |
| Entity | Individual |
| Shares | 22,000 |
| Max Price | ₹46.72 |
| Entity | Individual |
| Shares | 6,454 |
| Max Price | ₹44.94 |
| Entity | Individual |
| Shares | 34,884 |
| Max Price | ₹46.32 |
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: 20MICRONS
- Exchange: NSEI
- 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 533022 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | Oct 2008 |
| 20MICRONS | NSEI (National Stock Exchange of India) | Yes | Equity Shares | IN | INR | Oct 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/22 12:55 |
| End of Day Share Price | 2019/10/22 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2019/03/31 |
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.