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20MI

20 MicronsNSEI:20MICRONS Stock Report

Market Cap

₹2.1b

7D

-2.2%

1Y

83.6%

Updated

27 Nov, 2021

Data

Company Financials
20MICRONS fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance5/6
Financial Health5/6
Dividends0/6

20MICRONS Stock Overview

20 Microns Limited engages in the industrial micronized minerals and specialty chemicals businesses in India.

20 Microns Competitors

Sakai Chemical Industry

TSE:4078

JP¥37.7b

Venator Materials

NYSE:VNTR

US$305.0m

Price History & Performance

Summary of all time highs, changes and price drops for 20 Microns
Historical stock prices
Current Share Price₹58.95
52 Week High₹74.90
52 Week Low₹28.20
Beta0.61
1 Month Change-0.67%
3 Month Change10.29%
1 Year Change83.65%
3 Year Change37.73%
5 Year Change72.12%
Change since IPO250.37%

Recent News & Updates

Nov 11
Capital Investment Trends At 20 Microns (NSE:20MICRONS) Look Strong

Capital Investment Trends At 20 Microns (NSE:20MICRONS) Look Strong

What are the early trends we should look for to identify a stock that could multiply in value over the long term? In a...

Shareholder Returns

20MICRONSIN ChemicalsIN Market
7D-2.2%-3.3%-3.3%
1Y83.6%50.8%43.0%

Return vs Industry: 20MICRONS exceeded the Indian Chemicals industry which returned 50.8% over the past year.

Return vs Market: 20MICRONS exceeded the Indian Market which returned 43% over the past year.

Price Volatility

Is 20MICRONS's price volatile compared to industry and market?
20MICRONS volatility
20MICRONS Average Weekly Movement8.1%
Chemicals Industry Average Movement5.9%
Market Average Movement6.0%
10% most volatile stocks in IN Market9.0%
10% least volatile stocks in IN Market3.8%

Stable Share Price: 20MICRONS is more volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: 20MICRONS's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of Indian stocks.

About the Company

FoundedEmployeesCEOWebsite
1987329Atil Parikhhttps://www.20microns.com

20 Microns Limited engages in the industrial micronized minerals and specialty chemicals businesses in India. The company offers industrial minerals, such as ground calcium carbonate, dolomite, hydrous and calcined kaolins, talcs, natural barytes, silica/quartz, muscovite mica, feldspar/nepheline syenite, and natural and synthetic red oxide for applications in paints and coatings, inks and pigments, plastics and polymer, paper, rubber, cosmetics, ceramics, adhesive and sealant, oil-well drilling, agrochemicals, foundry, and other industries. It also provides functional additives and specialties, including white/buff and colored rutile TiO2, white pigment opacifiers, synthetic barium sulphate, micronized wax, anti-blocking additives, rheological additives, matting agents, inorganic thickeners, flame retardants, calcium oxide desiccant, activators for rubber, high aspect ratio talc, sub-micron CaCO3, decorative, and colored quartz sand; erueca mide, olea mide, and processing aids; and fumed, precipitated, and amorphous silica for applications in plastics and polymer, rubber, paints and coatings, inks and pigments, paper, cosmetics, foundry coating, and adhesive and sealant industries.

20 Microns Fundamentals Summary

How do 20 Microns's earnings and revenue compare to its market cap?
20MICRONS fundamental statistics
Market Cap₹2.08b
Earnings (TTM)₹261.07m
Revenue (TTM)₹5.70b

8.0x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
20MICRONS income statement (TTM)
Revenue₹5.70b
Cost of Revenue₹3.01b
Gross Profit₹2.69b
Expenses₹2.43b
Earnings₹261.07m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)7.40
Gross Margin47.24%
Net Profit Margin4.58%
Debt/Equity Ratio51.8%

How did 20MICRONS perform over the long term?

See historical performance and comparison

Valuation

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

7.97x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 20MICRONS (₹58.95) is trading above our estimate of fair value (₹14.68)

Significantly Below Fair Value: 20MICRONS is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 20MICRONS is good value based on its PE Ratio (8x) compared to the Indian Chemicals industry average (17.5x).

PE vs Market: 20MICRONS is good value based on its PE Ratio (8x) compared to the Indian market (18.9x).


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 (0.9x) compared to the IN Chemicals industry average (2.2x).


Future Growth

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

21.1%

Forecasted Materials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as 20 Microns has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has 20 Microns performed over the past 5 years?

7.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 20MICRONS has high quality earnings.

Growing Profit Margin: 20MICRONS's current net profit margins (4.6%) are higher than last year (4%).


Past Earnings Growth Analysis

Earnings Trend: 20MICRONS's earnings have grown by 7.3% per year over the past 5 years.

Accelerating Growth: 20MICRONS's earnings growth over the past year (47.3%) exceeds its 5-year average (7.3% per year).

Earnings vs Industry: 20MICRONS earnings growth over the past year (47.3%) exceeded the Chemicals industry 43.3%.


Return on Equity

High ROE: 20MICRONS's Return on Equity (11.6%) is considered low.


Financial Health

How is 20 Microns's financial position?


Financial Position Analysis

Short Term Liabilities: 20MICRONS's short term assets (₹2.4B) exceed its short term liabilities (₹1.8B).

Long Term Liabilities: 20MICRONS's short term assets (₹2.4B) exceed its long term liabilities (₹554.2M).


Debt to Equity History and Analysis

Debt Level: 20MICRONS's net debt to equity ratio (46.3%) is considered high.

Reducing Debt: 20MICRONS's debt to equity ratio has reduced from 147.4% to 51.8% over the past 5 years.

Debt Coverage: 20MICRONS's debt is well covered by operating cash flow (22.3%).

Interest Coverage: 20MICRONS's interest payments on its debt are well covered by EBIT (3.9x coverage).


Balance Sheet


Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 20MICRONS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 20MICRONS's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

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

How experienced are the management team and are they aligned to shareholders interests?

2.8yrs

Average management tenure


CEO

Atil Parikh (44 yo)

0.42

Tenure

₹5,530,938

Compensation

Mr. Atil Chandresh Parikh serves as Chief Executive Officer at 20 Microns Limited since June 28, 2021. Mr. Parikh has been Managing Director of 20 Microns Limited since February 2, 2014 and served as its C...


CEO Compensation Analysis

Compensation vs Market: Atil's total compensation ($USD73.70K) is above average for companies of similar size in the Indian market ($USD39.78K).

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


Leadership Team

Experienced Management: 20MICRONS's management team is considered experienced (2.8 years average tenure).


Board Members

Experienced Board: 20MICRONS's board of directors are considered experienced (7.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: 20MICRONS insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

20 Microns Limited's 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: ₹2.080b
  • Shares outstanding: 35.29m
  • Website: https://www.20microns.com

Number of Employees


Location

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

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/11/27 12:00
End of Day Share Price2021/11/26 00:00
Earnings2021/09/30
Annual Earnings2021/03/31


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.