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20 Microns Ltd Stock Analysis

Small Cap
Evaluated by 981 users | BSE: 533022 | NSE: 20MICRONS |
Mining & Minerals
20 Microns incorporated in 1987; is the largest producer of white minerals in India. The company has annual output of over 180000 tons.The company’s products are used in areas such as paints, coating and printing ink, adhesives, plastics, ceramic, sealants and paper. The company...

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Value Creation
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Capital Employed 9.43%12.31%10.04%6.74%5.59%11.07%11.73%12.33%13.92%14.41%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 236263277290313335359385436490
Y-o-Y Gr. Rt.-11.7%5.2%4.8%7.9%7.1%6.9%7.4%13.1%12.5%
Adjusted EPS (Rs.) 1.934.113.190.02-1.372.443.784.826.157.08
Y-o-Y Gr. Rt.-113%-22.4%-99.4%-6950%NA54.9%27.5%27.6%15.1%
Book Value per Share (Rs.) 15.5618.2821.252220.623.8133.2537.6343.149.14
Adjusted Net Profit 5.511.810.10.1-4.68.613.41721.725
Net Op. Cash Flow (Rs. Cr.) 7.411.840.623.124.518.45349.945.538.3
Debt to Cash Flow from Ops 14.2212.283.667.016.258.432.692.522.452.75
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
20 Microns Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales 8.5%9.4%11%12.5%
Adjusted EPS 15.5%NA23.3%15.1%
Book Value per Share 13.61913.914
Share Price -1.1% 2.2% -10.7% 22.9%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Equity (%) 12.8523.0516.180.08-6.4211.2213.2613.5915.2415.36
Operating Profit Margin (%) 10.2612.3112.398.057.4412.3513.6113.6214.1712.02
Net Profit Margin (%) 2.354.473.640.02-1.482.573.724.414.985.1
Debt to Equity 2.352.762.212.182.191.851.220.950.730.61
Working Capital Days 138158158161163165163159153157
Cash Conversion Cycle 71817971504352515253
Entity Percentage Holding
Promoters 44.83%
Non-Institutions 55.17%
Pledged *54.8854.7254.7254.720.0053.7453.7453.7453.7453.74
* Pledged shares as % of Promoter's holding (%)
Data is not available for this company.

The 5-year analysis of 20 Microns Ltd's performance infers:

20 Microns Ltd earnings have grown by 0%, whereas share price has appreciated 2.2% CAGR over the past five years, indicating the company's share price is likely overvalued. However, for specific investment actions please connect with your investment advisor.

We analysed the performance of 20 Microns Ltd share prices over the last 10 years. Here is what we found out:

20 Microns Ltd share price has appreciated 6% annually over the past ten years.

20 Microns incorporated in 1987; is the largest producer of white minerals in India. The company has annual output of over 180000 tons.

The company’s products are used in areas such as paints, coating and printing ink, adhesives, plastics, ceramic, sealants and paper. The company manufactures specialised products for various companies such as cosmetics, cement, textile and household products.

The

20 Microns incorporated in 1987; is the largest producer of white minerals in India. The company has annual output of over 180000 tons.

The company’s products are used in areas such as paints, coating and printing ink, adhesives, plastics, ceramic, sealants and paper. The company manufactures specialised products for various companies such as cosmetics, cement, textile and household products.

The company has received ISO 9001:2000 certification for its quality management.

Milestone

1987- The company was incorporated.

1988- The company started promoting micronized fillers to the paint industries

1990- The company made an investment for expanding the micronization process and research and development facilities.

1991- The company expanded its production capacity by 17000 TPA.

1992- 20 Microns acquired Calcite mines.

1993- The company implemented total quality systems.

1994- The company expanded the production capacity by 17000 TPA.

           The same year company’s R&D facilities formed a separate entity.

1995- Company installed new production unit located at Vadadla with 18000 TPA capacity.

1996- Company installed new production unit located at Hosur (South India) with 15000 TPA capacity.

1997- 20 Microns diversified into Kaolin processing and set up a new unit at Bhuj.

1998- 20 Microns acquired Kaolin Mines and mining lease at Bhuj.

1999- The company installed Cryogenic super conducting magnet at Buj site for Kaolin processing.

2000- Company introduced Pozzolanic material called ‘Metacem’ as construction chemicals.

2001- The company set up new facility located at Alwar with a production capacity of 6000 TPA.

2002- The company set up new facility located at Tirunelvelli with a production capacity of 6000 TPA.

2003- Company modernizes and upgrades its Vadadla plant and start manufacturing of ultrafine calcium carbonates.

2005- The Company started manufacturing of new products like synthetic barium sulphates, aluminium silicates.

          The company started new generation processing aids to promote better dispersions for the customers.

Outlook

20 Microns is planning to foray into nano minerals for extraction and manufacture of processed attapulgite, bentonite and hydrous clay in Gujarat. For this proposed plan the company will invest Rs.100 crore in next 3 to 4 years.

Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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