Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post
Last Updated: April 2, 2026, 2:31 am
Author: Getaka|Social: XLinkedIn
Stock Ticker - BSE: 533022 | NSE: 20MICRONS

20 Microns Ltd: Intrinsic Value & Share Price Analysis

Fair Value

₹136.23Fairly Valued by 7.33%vs CMP ₹147.00

P/E (8.0) × ROE (16.3%) × BV (₹129.00) × DY (0.85%)

₹195.37Undervalued by 32.90%vs CMP ₹147.00
MoS: +24.8% (Adequate)Confidence: 48/100 (Moderate)Models: 5 Under, 1 Fair, 3 Over
ModelCategoryValueWeightSignal
PE-ROEEarnings₹154.2822%Fair (+5%)
Graham NumberEarnings₹230.2216%Under (+56.6%)
Earnings PowerEarnings₹82.7011%Over (-43.7%)
DCFCash Flow₹296.1413%Under (+101.5%)
Net Asset ValueAssets₹128.637%Over (-12.5%)
EV/EBITDAEnterprise₹259.239%Under (+76.3%)
Earnings YieldEarnings₹182.607%Under (+24.2%)
ROCE CapitalReturns₹259.009%Under (+76.2%)
Revenue MultipleRevenue₹129.055%Over (-12.2%)
Consensus (9 models)₹195.37100%Undervalued

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: 13.3%

*Investments are subject to market risks

Investment Snapshot

60
20 Microns Ltd scores 60/100 (Average)
Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison
Stock Health72/100 · Strong
ROCE 19.2% GoodROE 16.3% GoodD/E 0.40 ModerateInterest Coverage 0.0x RiskyProfitable 5/5 years Consistent
Smart Money50/100 · Moderate
FII holding stable No changePromoter holding at 45.0% Stable
Earnings Quality50/100 · Moderate
OPM stable around 14% Steady
Quarterly Momentum58/100 · Moderate
Revenue (4Q): 2% YoY FlatProfit (4Q): +5% YoY Positive
Industry Rank65/100 · Strong
P/E 8.0 vs industry 15.4 Cheaper than peersROCE 19.2% vs industry 19.6% Average3Y sales CAGR: 14% Moderate

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Share Price and Basic Stock Data

Last Updated: April 2, 2026, 2:31 am

Market Cap 520 Cr.
Current Price 147
Intrinsic Value₹195.37
High / Low 284/130
Stock P/E8.03
Book Value 129
Dividend Yield0.85 %
ROCE19.2 %
ROE16.3 %
Face Value 5.00
PEG Ratio0.61

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

View Share Price Target for 20 Microns Ltd

Competitors

Stock Name Market Cap Current Price High / Low Stock P/E Book Value Dividend Yield ROCE ROE Face Value
20 Microns Ltd 520 Cr. 147 284/1308.03 1290.85 %19.2 %16.3 % 5.00
South West Pinnacle Exploration Ltd 647 Cr. 217 243/10022.6 60.90.00 %11.7 %9.02 % 10.0
Asi Industries Ltd 190 Cr. 21.1 39.9/19.07.31 38.91.89 %9.88 %7.01 % 1.00
Deccan Gold Mines Ltd 1,808 Cr. 91.4 162/83.8 10.30.00 %21.1 %14.2 % 1.00
Orissa Minerals Development Company Ltd 2,028 Cr. 3,381 6,139/3,100 85.40.00 %38.5 %% 1.00
Industry Average51,564.31 Cr471.3415.4197.991.59%19.57%16.87%5.18

All Competitor Stocks of 20 Microns Ltd

Quarterly Result

MetricDec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales 155173191200175212231240215227247231215
Expenses 138153164170153186201209188199216199187
Operating Profit 17212630222730312629323228
OPM % 11%12%14%15%13%12%13%13%12%13%13%14%13%
Other Income 101001211-0121
Interest 4444454455544
Depreciation 3433444555555
Profit before tax 10132022151924231719232320
Tax % 27%29%25%28%25%29%26%27%23%20%26%26%25%
Net Profit 791516121418161315171715
EPS in Rs 2.092.644.234.543.253.875.064.653.654.314.784.934.24

Last Updated: February 6, 2026, 10:47 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 18, 2026, 1:16 pm

MetricMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales 327356357392427480529484613702777913920
Expenses 297326310337367411463425534616672796800
Operating Profit 31304656606966597986106117120
OPM % 9%8%13%14%14%14%12%12%13%12%14%13%13%
Other Income 2442123223224
Interest 24272524222222252018161818
Depreciation 11111010101013141414141820
Profit before tax -2-31423283835224857778385
Tax % 19%-16%24%31%32%35%30%-6%27%27%27%24%
Net Profit -2-21116192524233542566264
EPS in Rs -0.68-0.743.114.495.347.086.846.519.8011.8515.8917.6818.26
Dividend Payout % 0%0%0%0%14%0%9%0%0%6%8%7%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-20242024-2025
YoY Net Profit Growth (%)0.00%650.00%45.45%18.75%31.58%-4.00%-4.17%52.17%20.00%33.33%10.71%
Change in YoY Net Profit Growth (%)0.00%650.00%-604.55%-26.70%12.83%-35.58%-0.17%56.34%-32.17%13.33%-22.62%

20 Microns Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:10%
5 Years:12%
3 Years:14%
TTM:14%
Compounded Profit Growth
10 Years:36%
5 Years:21%
3 Years:23%
TTM:4%
Stock Price CAGR
10 Years:25%
5 Years:51%
3 Years:30%
1 Year:-29%
Return on Equity
10 Years:15%
5 Years:16%
3 Years:17%
Last Year:16%

Last Updated: September 4, 2025, 9:45 pm

Balance Sheet

Last Updated: December 4, 2025, 12:52 am

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital 17171818181818181818181818
Reserves 575470107126150170197234276335412437
Borrowings 177165163152134124119104123108121165163
Other Liabilities 7798838698112137133140121114120123
Total Liabilities 328333334363376404444452514523588715742
Fixed Assets 158151151177185195201203207213212284283
CWIP 9747841135812921
Investments 1112342699172525
Other Assets 160174178177179201230240293293347396414
Total Assets 328333334363376404444452514523588715742

Reserves and Borrowings Chart

Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity + 373025446153455235635432
Cash from Investing Activity + -21-4-6-9-18-19-16-9-23-18-23-63
Cash from Financing Activity + -14-21-26-34-44-33-30-45-4-38-314
Net Cash Flow 16-62-12-1-29828-17
Free Cash Flow 1526203341352942125235-44
CFO/OP 125%105%58%91%110%89%83%100%59%92%68%46%

Free Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Free Cash Flow-146.00-135.00-117.00-96.00-74.00-55.00-53.00-45.00-44.00-22.00-15.00-48.00

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 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days 655157565753576860515957
Inventory Days 13412615013313213412814414811599120
Days Payable 112138118105113106115134113795451
Cash Conversion Cycle 87399084778069789487104126
Working Capital Days -47-27-6-4611182431343946
ROCE %10%9%16%18%19%21%19%15%19%19%22%19%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Promoters 44.83%44.83%44.95%44.95%44.95%44.95%44.99%45.04%45.04%45.04%45.04%45.04%
FIIs 0.93%0.72%0.72%0.72%0.73%0.78%1.00%0.87%0.84%0.88%0.26%0.26%
DIIs 0.00%0.00%0.00%0.00%0.00%0.06%0.02%0.02%0.15%0.15%0.17%0.07%
Public 54.23%54.45%54.33%54.33%54.32%54.21%53.99%54.08%53.97%53.93%54.52%54.63%
No. of Shareholders 22,33622,33219,76820,54622,49226,05731,99235,58436,45736,78138,30138,916

Shareholding Pattern Chart

No. of Shareholders

20 Microns Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 25Mar 24Mar 23Mar 22Mar 21
FaceValue 5.005.005.005.005.00
Basic EPS (Rs.) 17.6815.8911.859.806.51
Diluted EPS (Rs.) 17.6815.8911.859.806.51
Cash EPS (Rs.) 22.8819.9415.7813.7210.44
Book Value[Excl.RevalReserv]/Share (Rs.) 121.68100.3583.5071.5360.99
Book Value[Incl.RevalReserv]/Share (Rs.) 121.68100.3583.5071.5360.99
Revenue From Operations / Share (Rs.) 258.68220.34198.85173.78137.03
PBDIT / Share (Rs.) 34.3330.9525.1323.1117.29
PBIT / Share (Rs.) 29.1626.8821.2219.2413.37
PBT / Share (Rs.) 23.4321.7716.1813.506.17
Net Profit / Share (Rs.) 17.7115.8711.879.856.52
NP After MI And SOA / Share (Rs.) 17.6815.8911.859.806.51
PBDIT Margin (%) 13.2714.0412.6313.2912.62
PBIT Margin (%) 11.2712.1910.6611.079.76
PBT Margin (%) 9.059.888.137.764.50
Net Profit Margin (%) 6.847.205.965.664.75
NP After MI And SOA Margin (%) 6.837.215.955.644.75
Return on Networth / Equity (%) 14.5215.8814.2413.7510.71
Return on Capital Employeed (%) 20.7723.6921.7521.9017.79
Return On Assets (%) 8.729.507.986.715.07
Long Term Debt / Equity (X) 0.050.030.060.110.11
Total Debt / Equity (X) 0.350.320.340.470.40
Asset Turnover Ratio (%) 1.401.401.231.141.02
Current Ratio (X) 1.711.751.531.331.23
Quick Ratio (X) 0.981.160.880.700.68
Inventory Turnover Ratio (X) 6.703.652.922.852.63
Dividend Payout Ratio (NP) (%) 7.074.720.000.000.00
Dividend Payout Ratio (CP) (%) 5.473.750.000.000.00
Earning Retention Ratio (%) 92.9395.280.000.000.00
Cash Earning Retention Ratio (%) 94.5396.250.000.000.00
Interest Coverage Ratio (X) 6.676.634.994.032.40
Interest Coverage Ratio (Post Tax) (X) 4.554.503.362.721.90
Enterprise Value (Cr.) 791.16563.53334.96365.34200.94
EV / Net Operating Revenue (X) 0.860.720.470.590.41
EV / EBITDA (X) 6.535.163.784.483.29
MarketCap / Net Operating Revenue (X) 0.740.650.370.420.25
Retention Ratios (%) 92.9295.270.000.000.00
Price / BV (X) 1.571.440.891.040.57
Price / Net Operating Revenue (X) 0.740.650.370.420.25
EarningsYield 0.090.110.150.130.18

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

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. 794.92 Cr. and Equity Capital is Rs. 17.64 Cr. for the Year ended 31/03/2025.
INDUSTRYADDRESSCONTACT
Mining/Minerals9/10, GIDC Industrial Estate, Waghodia, Vadodra District Gujarat 391760Contact not found
Management
NamePosition Held
Mr. Rajesh C ParikhChairman & Managing Director
Mr. Atil C ParikhManaging Director & CEO
Mrs. Sejal R ParikhWhole Time Director
Dr. Ajay I RankaIndependent Director
Mr. Jaideep B VermaIndependent Director
Dr. Sivaram SwaminathanIndependent Director
Mr. Dukhabandhu RathIndependent Director
Mr. Prem Kumar TanejaAdditional Director

FAQ

What is the intrinsic value of 20 Microns Ltd and is it undervalued?

As of 18 April 2026, 20 Microns Ltd's intrinsic value is ₹195.37, which is 32.90% higher than the current market price of ₹147.00, suggesting the stock is undervalued. This is calculated using the PE ratio method factoring in ROE (16.3 %), book value (₹129), dividend yield (0.85 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of 20 Microns Ltd?

20 Microns Ltd is trading at ₹147.00 as of 18 April 2026, with a FY2026-2027 high of ₹284 and low of ₹130. The stock is currently near its 52-week low. Market cap stands at ₹520 Cr..

How does 20 Microns Ltd's P/E ratio compare to its industry?

20 Microns Ltd has a P/E ratio of 8.03, which is below the industry average of 15.41. This is broadly in line with or below the industry average.

Is 20 Microns Ltd financially healthy?

Key indicators for 20 Microns Ltd: ROCE of 19.2 % indicates efficient capital utilization; ROE of 16.3 % shows strong shareholder returns. Dividend yield is 0.85 %.

Is 20 Microns Ltd profitable and how is the profit trend?

20 Microns Ltd reported a net profit of ₹62 Cr in Mar 2025 on revenue of ₹913 Cr. Compared to ₹35 Cr in Mar 2022, the net profit shows an improving trend.

Does 20 Microns Ltd pay dividends?

20 Microns Ltd has a dividend yield of 0.85 % at the current price of ₹147.00. The company pays dividends, though the yield is modest.

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 20 Microns Ltd. 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