About
20 Microns Limited manufactures and markets micronized industrial minerals and specialty chemicals primarily in India and internationally. The company offers industrial minerals, such as calcium carbonate, talc, hydrous and calcined kaolin, quartz, mica, ball clay, barytes, red oxide, feldspar, bentonite, dolomite, hydrated sodium calcium alumino silicate, perlite, ramming mass, silica, wollastonite, and graphite, as well as siliceous, bleaching, diatomaceous, and fuller earth. It also provides functional additives and specialty chemicals, including magnesium oxide, zinc oxide, titanium dioxide, semi reinforcing eco green filler, performance mineral additive, organo clays, mullite, desiccants, white pigment opacifiers, wax and wax additives, engineered kaolins, matting agents, fumed and precipitated silica, organoclays, rheology modifiers, flame retardants and smoke suppressant, dessicants, activators, buff TiO2, and synthetic barium sulfate and barytes; and 20MCC and MinFert products. It serves paints and coatings, casting oil and gas, petro chemicals, paper and packaging, friction materials, texture paints, oral care, ink and pigments, filtration, lubricants, plastics and polymer, welding electrodes, animal feed, brake composite, leather, textile, detergent and soaps, paper, rubber, cosmetics and personal care, ceramics, adhesive and sealant, battery and fuel cells, wire and cables, powder coating, constructions, building materials, oil-well drilling, agrochemicals, and foundry and other industries. 20 Microns Limited was incorporated in 1987 and is headquartered in Vadodara, India.
Key Metrics
as of Sep 2026Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 213.00 | 222.00 | 187.00 | 198.00 | 218.00 | 198.00 | 186.00 | 210.00 | 201.00 | 187.00 | 152.00 | 172.00 | 162.00 |
| Expenses | 186.00 | 194.00 | 163.00 | 172.00 | 191.00 | 174.00 | 164.00 | 184.00 | 177.00 | 166.00 | 134.00 | 147.00 | 140.00 |
| Operating Profit | 27.00 | 28.00 | 23.00 | 25.00 | 27.00 | 25.00 | 22.00 | 26.00 | 24.00 | 21.00 | 18.00 | 25.00 | 22.00 |
| OPM % | 13.00 | 13.00 | 12.00 | 13.00 | 12.00 | 13.00 | 12.00 | 12.00 | 12.00 | 11.00 | 12.00 | 14.00 | 14.00 |
| Other Income | 2.00 | 3.00 | 2.00 | 2.00 | 2.00 | 2.00 | 0.00 | 2.00 | 4.00 | 2.00 | 1.00 | 1.00 | 2.00 |
| Depreciation | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 |
| Interest | 3.00 | 3.00 | 3.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 |
| Profit before tax | 22.00 | 23.00 | 18.00 | 19.00 | 20.00 | 18.00 | 14.00 | 20.00 | 21.00 | 17.00 | 13.00 | 20.00 | 18.00 |
| Tax % | 26.00 | 27.00 | 25.00 | 26.00 | 26.00 | 20.00 | 26.00 | 25.00 | 24.00 | 28.00 | 26.00 | 28.00 | 24.00 |
| Net Profit | 16.00 | 17.00 | 14.00 | 14.00 | 15.00 | 15.00 | 10.00 | 15.00 | 16.00 | 12.00 | 10.00 | 14.00 | 14.00 |
| EPS in Rs | 4.58 | 4.88 | 3.90 | 3.98 | 4.32 | 4.17 | 2.85 | 4.34 | 4.61 | 3.45 | 2.83 | 4.01 | 3.93 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 824.00 | 795.00 | 672.00 | 598.00 | 517.00 | 432.00 | 490.00 | 436.00 | 385.00 | 357.00 | 333.00 | 311.00 |
| Expenses | 721.00 | 698.00 | 586.00 | 529.00 | 451.00 | 382.00 | 431.00 | 374.00 | 332.00 | 308.00 | 291.00 | 288.00 |
| Operating Profit | 103.00 | 97.00 | 86.00 | 69.00 | 66.00 | 51.00 | 59.00 | 62.00 | 52.00 | 49.00 | 41.00 | 23.00 |
| OPM % | 13.00 | 12.00 | 13.00 | 12.00 | 13.00 | 12.00 | 12.00 | 14.00 | 14.00 | 14.00 | 12.00 | 7.00 |
| Other Income | 8.00 | 7.00 | 6.00 | 7.00 | 6.00 | 5.00 | 8.00 | 2.00 | 2.00 | 2.00 | 4.00 | 6.00 |
| Interest | 14.00 | 16.00 | 13.00 | 15.00 | 18.00 | 24.00 | 20.00 | 21.00 | 21.00 | 23.00 | 24.00 | 25.00 |
| Depreciation | 16.00 | 15.00 | 12.00 | 12.00 | 12.00 | 12.00 | 11.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 |
| Profit before tax | 81.00 | 74.00 | 68.00 | 49.00 | 42.00 | 21.00 | 35.00 | 34.00 | 24.00 | 19.00 | 12.00 | -5.00 |
| Tax % | 26.00 | 24.00 | 26.00 | 26.00 | 27.00 | -8.00 | 29.00 | 36.00 | 33.00 | 32.00 | 23.00 | -12.00 |
| Net Profit | 60.00 | 56.00 | 50.00 | 36.00 | 31.00 | 22.00 | 25.00 | 22.00 | 16.00 | 13.00 | 9.00 | -4.00 |
| EPS in Rs | 17.07 | 15.97 | 14.21 | 10.24 | 8.75 | 6.36 | 7.08 | 6.15 | 4.50 | 3.73 | 2.65 | -1.20 |
| Dividend Payout % | 7.00 | 8.00 | 9.00 | 7.00 | 0.00 | 0.00 | 8.00 | 0.00 | 17.00 | 0.00 | 0.00 | 0.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 18.00 | 18.00 | 18.00 | 18.00 | 18.00 | 18.00 | 18.00 | 18.00 | 18.00 | 18.00 | 18.00 | 17.00 |
| Reserves | 414.00 | 363.00 | 306.00 | 252.00 | 216.00 | 181.00 | 156.00 | 134.00 | 115.00 | 100.00 | 66.00 | 53.00 |
| Borrowings | 121.00 | 130.00 | 98.00 | 83.00 | 106.00 | 90.00 | 111.00 | 117.00 | 129.00 | 145.00 | 155.00 | 153.00 |
| Other Liabilities | 101.00 | 100.00 | 103.00 | 108.00 | 117.00 | 113.00 | 117.00 | 98.00 | 90.00 | 76.00 | 76.00 | 90.00 |
| Total Liabilities | 654.00 | 611.00 | 525.00 | 460.00 | 457.00 | 402.00 | 402.00 | 367.00 | 351.00 | 339.00 | 315.00 | 312.00 |
| Fixed Assets | 221.00 | 217.00 | 191.00 | 190.00 | 185.00 | 180.00 | 177.00 | 175.00 | 164.00 | 156.00 | 140.00 | 143.00 |
| CWIP | 5.00 | 6.00 | 12.00 | 7.00 | 5.00 | 2.00 | 8.00 | 3.00 | 8.00 | 7.00 | 2.00 | 7.00 |
| Investments | 73.00 | 73.00 | 43.00 | 35.00 | 34.00 | 22.00 | 19.00 | 21.00 | 22.00 | 20.00 | 7.00 | 7.00 |
| Other Assets | 356.00 | 315.00 | 279.00 | 229.00 | 233.00 | 198.00 | 197.00 | 169.00 | 158.00 | 156.00 | 166.00 | 155.00 |
| Total Assets | 654.00 | 611.00 | 525.00 | 460.00 | 457.00 | 402.00 | 402.00 | 367.00 | 351.00 | 339.00 | 315.00 | 312.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 86.00 | 26.00 | 40.00 | 56.00 | 44.00 | 56.00 | 40.00 | 46.00 | 50.00 | 53.00 | 18.00 | 24.00 |
| Cash from Investing Activity | -16.00 | -43.00 | -19.00 | -14.00 | -32.00 | -9.00 | -10.00 | -12.00 | -11.00 | -20.00 | 1.00 | -4.00 |
| Cash from Financing Activity | -27.00 | 1.00 | -1.00 | -39.00 | -4.00 | -48.00 | -29.00 | -34.00 | -41.00 | -32.00 | -25.00 | -14.00 |
| Net Cash Flow | 43.00 | -16.00 | 21.00 | 3.00 | 8.00 | -1.00 | 1.00 | -1.00 | -2.00 | 1.00 | -5.00 | 7.00 |
| Free Cash Flow | 75.00 | 5.00 | 21.00 | 41.00 | 19.00 | 47.00 | 27.00 | 33.00 | 37.00 | 37.00 | 18.00 | 23.00 |
| CFO/OP % | 102.00 | 47.00 | 65.00 | 100.00 | 82.00 | 122.00 | 83.00 | 85.00 | 103.00 | 120.00 | 48.00 | 108.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 70.00 | 58.00 | 61.00 | 55.00 | 67.00 | 70.00 | 61.00 | 56.00 | 59.00 | 54.00 | 60.00 | 50.00 |
| Inventory Days | 94.00 | 113.00 | 90.00 | 98.00 | 118.00 | 120.00 | 104.00 | 124.00 | 128.00 | 129.00 | 148.00 | 146.00 |
| Days Payable | 48.00 | 52.00 | 60.00 | 83.00 | 110.00 | 127.00 | 101.00 | 107.00 | 118.00 | 107.00 | 120.00 | 154.00 |
| Cash Conversion Cycle | 117.00 | 118.00 | 91.00 | 70.00 | 76.00 | 63.00 | 63.00 | 74.00 | 68.00 | 76.00 | 88.00 | 42.00 |
| Working Capital Days | 46.00 | 48.00 | 36.00 | 32.00 | 23.00 | 23.00 | 16.00 | 9.00 | -1.00 | -11.00 | -5.00 | -30.00 |
| ROCE % | 18.00 | 20.00 | 21.00 | 18.00 | 19.00 | 16.00 | 20.00 | 21.00 | 18.00 | 17.00 | 15.00 | 9.00 |
Corporate Actions
22 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 17 Jul 2026 | 17 Jul 2026 | — | 1.25 | |
| Dividend | 24 Jul 2025 | 24 Jul 2025 | — | 1.25 | |
| Dividend | 12 Jul 2024 | 12 Jul 2024 | — | 1.25 | |
| Other | 12 Jul 2024 | — | — | — | Annual General Meeting |
| Dividend | 26 Jul 2023 | — | — | 0.75 | |
| Other | 13 Jul 2022 | — | — | — | Annual General Meeting |
| Other | 17 Sep 2021 | — | — | — | Annual General Meeting |
| Other | 16 Sep 2020 | — | — | — | Annual General Meeting |
| Dividend | 19 Mar 2020 | 21 Mar 2020 | — | 0.60 | |
| Other | 02 Aug 2019 | — | — | — | Annual General Meeting |
| Dividend | 10 Sep 2018 | — | — | 0.35 | |
| Dividend | 05 Dec 2017 | 06 Dec 2017 | — | 0.40 | |
| Other | 13 Sep 2017 | — | — | — | Annual General Meeting |
| Other | 14 Sep 2016 | — | — | — | Annual General Meeting |
| Other | 15 Sep 2015 | — | — | — | Annual General Meeting |
| Other | 18 Sep 2014 | — | — | — | Annual General Meeting |
| Dividend | 19 Sep 2013 | — | — | 0.50 | |
| Split | 28 Jan 2013 | 29 Jan 2013 | 10:5 | — | |
| Dividend | 26 Jul 2012 | — | — | 1.80 | |
| Dividend | 04 Aug 2011 | — | — | 1.50 | |
| Dividend | 12 Aug 2010 | — | — | 1.00 | |
| Other | 13 Aug 2009 | — | — | — | Annual General Meeting |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update15 Oct 2025 from icra
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Rating update13 Oct 2025 from crisil
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Rating update14 Aug 2025 from crisil
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Rating update9 Apr 2025 from icra
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Rating update3 Apr 2024 from icra
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Rating update22 Sep 2023 from fitch