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Last Updated on: 21 December, 2024
Author: Getaka|Social: Getaka Financial Technology X (Earlier Twitter) Profile Getaka Financial Technology LinkedIn Logo
Stock Ticker - BSE: 533022 | NSE: 20MICRONS

20 Microns Ltd: Fundamental Analysis, Share Price Insights & Intrinsic Value (2024)

Share Price and Basic Stock Data

Last Updated: December 21, 2024, 2:58 am

Market Cap 836 Cr.
Current Price 237
High / Low 348/131
Stock P/E14.1
Book Value 109
Dividend Yield0.53 %
ROCE21.7 %
ROE17.8 %
Face Value 5.00
PEG Ratio0.86

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for

Competitors of

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Ganesha Ecoverse Ltd 114 Cr. 46.2 71.9/42.820.9 4.290.00 %28.2 %39.4 % 10.0
Foundry Fuel Products Ltd 5.71 Cr. 7.12 14.6/5.10 1.350.00 %%% 10.0
Deccan Gold Mines Ltd 1,781 Cr. 116 179/88.5 14.30.00 %8.77 %34.8 % 1.00
Asi Industries Ltd 482 Cr. 53.5 65.9/20.217.9 35.90.65 %10.1 %7.47 % 1.00
Anmol India Ltd 152 Cr. 26.6 65.9/26.511.3 18.40.00 %14.9 %23.6 % 10.0
Industry Average36,392.80 Cr750.6140.6178.771.70%21.11%21.07%5.18

All Competitor Stocks of

Quarterly Result

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Sales117162161172186188155173191200175212231
Expenses103143138150161164138153164170153186201
Operating Profit15202322252317212630222730
OPM %13%12%14%13%13%12%11%12%14%15%13%12%13%
Other Income1101111010022
Interest4844454444454
Depreciation3334333433444
Profit before tax891615181610132022151924
Tax %26%29%26%27%25%26%27%29%25%28%25%29%26%
Net Profit6712111312791516121418
EPS in Rs1.641.853.303.013.763.362.092.644.234.543.253.875.06

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales300312327356357392427480529484613702738
Expenses264273297326310337367411463425534616639
Operating Profit36393130465660696659798699
OPM %12%12%9%8%13%14%14%14%12%12%13%12%13%
Other Income2-524421232232
Interest16182427252422222225201816
Depreciation781111101010101314141414
Profit before tax168-2-3142328383522485771
Tax %29%37%-19%16%24%31%32%35%30%-6%27%27%
Net Profit115-2-2111619252423354252
EPS in Rs3.851.51-0.68-0.743.114.495.347.086.846.519.8011.8514.66
Dividend Payout %23%33%0%0%0%0%14%0%9%0%0%6%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2012-20132013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-2023
YoY Net Profit Growth (%)-54.55%-140.00%0.00%650.00%45.45%18.75%31.58%-4.00%-4.17%52.17%20.00%
Change in YoY Net Profit Growth (%)0.00%-85.45%140.00%650.00%-604.55%-26.70%12.83%-35.58%-0.17%56.34%-32.17%

has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2012-2013 to 2022-2023.

Growth

Compounded Sales Growth
10 Years:9%
5 Years:10%
3 Years:17%
TTM:19%
Compounded Profit Growth
10 Years:49%
5 Years:18%
3 Years:35%
TTM:22%
Stock Price CAGR
10 Years:23%
5 Years:49%
3 Years:60%
1 Year:25%
Return on Equity
10 Years:14%
5 Years:15%
3 Years:16%
Last Year:18%

Last Updated: Unknown

Balance Sheet

Last Updated: November 15, 2024, 1:48 am

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital16171718181818181818181818
Reserves53575470107126150170197234276335366
Borrowings165177165163152134124119104123108121131
Other Liabilities607798838698112137133140121114156
Total Liabilities294328333334363376404444452514523588671
Fixed Assets152158151151177185195201203207213212240
CWIP497478411358125
Investments111123426991717
Other Assets137160174178177179201230240293293347409
Total Assets294328333334363376404444452514523588671

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +453730254461534552356354
Cash from Investing Activity +-39-21-4-6-9-18-19-16-9-23-18-23
Cash from Financing Activity +-7-14-21-26-34-44-33-30-45-4-38-3
Net Cash Flow-116-62-12-1-29828

Free Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Free Cash Flow36.00-126.00-146.00-135.00-117.00-96.00-74.00-55.00-53.00-45.00-44.00-22.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days626551575657535768605159
Inventory Days11113412615013313213412814414811599
Days Payable761121381181051131061151341137954
Cash Conversion Cycle9687399084778069789487104
Working Capital Days554747726659606373867888
ROCE %15%10%9%16%18%19%21%19%15%19%19%22%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthDec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
Promoters44.83%44.83%44.83%44.83%44.83%44.83%44.83%44.95%44.95%44.95%44.95%44.99%
FIIs0.46%1.07%0.70%1.02%0.73%0.93%0.72%0.72%0.72%0.73%0.78%1.00%
DIIs0.00%0.00%0.00%0.13%0.13%0.00%0.00%0.00%0.00%0.00%0.06%0.02%
Public54.71%54.10%54.47%54.03%54.31%54.23%54.45%54.33%54.33%54.32%54.21%53.99%
No. of Shareholders18,25925,06423,75923,01122,44422,33622,33219,76820,54622,49226,05731,992

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue5.005.005.005.005.00
Basic EPS (Rs.)15.8911.859.806.516.83
Diluted EPS (Rs.)15.8911.859.806.516.83
Cash EPS (Rs.)19.9415.7813.7210.4410.40
Book Value[Excl.RevalReserv]/Share (Rs.)100.3583.5071.5360.9953.43
Book Value[Incl.RevalReserv]/Share (Rs.)100.3583.5071.5360.9953.43
Revenue From Operations / Share (Rs.)220.34198.85173.78137.03150.01
PBDIT / Share (Rs.)30.9525.1323.1117.2919.44
PBIT / Share (Rs.)26.8821.2219.2413.3715.89
PBT / Share (Rs.)21.7716.1813.506.179.79
Net Profit / Share (Rs.)15.8711.879.856.526.85
NP After MI And SOA / Share (Rs.)15.8911.859.806.516.83
PBDIT Margin (%)14.0412.6313.2912.6212.95
PBIT Margin (%)12.1910.6611.079.7610.59
PBT Margin (%)9.888.137.764.506.52
Net Profit Margin (%)7.205.965.664.754.56
NP After MI And SOA Margin (%)7.215.955.644.754.55
Return on Networth / Equity (%)15.8814.2413.7510.7112.84
Return on Capital Employeed (%)23.6921.7521.9017.7921.36
Return On Assets (%)9.507.986.715.075.42
Long Term Debt / Equity (X)0.030.060.110.110.20
Total Debt / Equity (X)0.320.340.470.400.55
Asset Turnover Ratio (%)1.401.231.141.021.22
Current Ratio (X)1.751.531.331.231.19
Quick Ratio (X)1.160.880.700.680.65
Inventory Turnover Ratio (X)3.652.922.852.633.34
Dividend Payout Ratio (NP) (%)4.720.000.000.008.77
Dividend Payout Ratio (CP) (%)3.750.000.000.005.77
Earning Retention Ratio (%)95.280.000.000.0091.23
Cash Earning Retention Ratio (%)96.250.000.000.0094.23
Interest Coverage Ratio (X)6.634.994.032.403.19
Interest Coverage Ratio (Post Tax) (X)4.503.362.721.902.12
Enterprise Value (Cr.)563.53334.96365.34200.94187.26
EV / Net Operating Revenue (X)0.720.470.590.410.35
EV / EBITDA (X)5.163.784.483.292.73
MarketCap / Net Operating Revenue (X)0.650.370.420.250.17
Retention Ratios (%)95.270.000.000.0091.22
Price / BV (X)1.440.891.040.570.48
Price / Net Operating Revenue (X)0.650.370.420.250.17
EarningsYield0.110.150.130.180.26

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of as of December 21, 2024 is: 275.02

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of December 21, 2024, is Undervalued by 16.04% compared to the current share price 237.00

Intrinsic Value of as of December 21, 2024 is: 320.32

Calculation basis:

  • Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of December 21, 2024, is Undervalued by 35.16% compared to the current share price 237.00

Last 5 Year EPS CAGR: 16.47%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a high average ROCE of 16.83%, which is a positive sign.
  2. The company has higher reserves (168.85 cr) compared to borrowings (137.38 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (462.85 cr) and profit (27.31 cr) over the years.
  1. The stock has a high average Working Capital Days of 66.17, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 82.08, which may not be favorable.
  • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in :
    1. Net Profit Margin: 7.2%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 23.69% (Industry Average ROCE: 21.11%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. ROE%: 15.88% (Industry Average ROE: 21.07%)
      • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
    4. Interest Coverage Ratio (Post Tax): 4.5
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    5. Quick Ratio: 1.16
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    6. Stock P/E: 14.1 (Industry average Stock P/E: 40.61)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    7. Total Debt / Equity: 0.32
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating:

About the Company - Qualitative Analysis

20 Microns Ltd. is a Public Limited Listed company incorporated on 29/06/1987 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L99999GJ1987PLC009768 and registration number is 009768. Currently Company is involved in the business activities of Mining/quarrying of limestone, limeshell, ‘kankar’ and other calcareous minerals including calcite, chalk and shale. Company’s Total Operating Revenue is Rs. 517.13 Cr. and Equity Capital is Rs. 17.64 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Mining/Minerals9/10, GIDC Industrial Estate, Waghodia, Vadodra District Gujarat 391760co_secretary@20microns.com
http://www.20microns.com
Management
NamePosition Held
Mr. Rajesh C ParikhChairman & Managing Director
Mr. Atil C ParikhManaging Director & CEO
Mrs. Sejal R ParikhWhole Time Director
Mr. Ramkisan A DevidayalIndependent Director
Mr. Atul H PatelIndependent Director
Dr. Ajay I RankaIndependent Director
Mr. Jaideep B VermaIndependent Director
Dr. Sivaram SwaminathanAddnl.Independent Director
Mr. Dukhabandhu RathIndependent Director

FAQ

What is the latest intrinsic value of 20 Microns Ltd?

The latest intrinsic value of 20 Microns Ltd as on 21 December 2024 is ₹275.02, which is 16.04% higher than the current market price of ₹237.00. The stock has a market capitalization of 836 Cr. and recorded a high/low of 348/131 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹366 Cr and total liabilities of ₹671 Cr.

What is the Market Cap of 20 Microns Ltd?

The Market Cap of 20 Microns Ltd is 836 Cr..

What is the current Stock Price of 20 Microns Ltd as on 21 December 2024?

The current stock price of 20 Microns Ltd as on 21 December 2024 is 237.

What is the High / Low of 20 Microns Ltd stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of 20 Microns Ltd stocks is 348/131.

What is the Stock P/E of 20 Microns Ltd?

The Stock P/E of 20 Microns Ltd is 14.1.

What is the Book Value of 20 Microns Ltd?

The Book Value of 20 Microns Ltd is 109.

What is the Dividend Yield of 20 Microns Ltd?

The Dividend Yield of 20 Microns Ltd is 0.53 %.

What is the ROCE of 20 Microns Ltd?

The ROCE of 20 Microns Ltd is 21.7 %.

What is the ROE of 20 Microns Ltd?

The ROE of 20 Microns Ltd is 17.8 %.

What is the Face Value of 20 Microns Ltd?

The Face Value of 20 Microns Ltd is 5.00.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in . Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE