20 Microns Limited has informed the Exchange about Transcript
20MICRONS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
20 Microns reported FY26 revenue of ₹953 crore (full year), with Q4 showing 14.8% YoY growth and a sharp 21.5% sequential jump driven by recovery in paint and polymer-rubber demand. EBITDA for the quarter grew 9.6% YoY to ₹31.8 crore with stable margins around 12%, while full-year EBITDA reached ₹123 crore at 12.9% margin. PAT grew 16.6% YoY in Q4 and full-year PAT stood at ₹67 crore with EPS of ₹4.98. The company outlined a ₹100 crore CapEx plan (40% earmarked for Malaysian operations) targeting 18% revenue CAGR, 200-250 bps margin expansion, and ROCE of 18-20% by FY30, funded mostly through internal accruals. Key balance sheet metrics improved with net debt/equity falling from 0.4x to 0.1x, operating cash flows at ₹103.6 crore, and free cash flows of ₹42.3 crore.
The earnings call reveals stable profitability and a clear growth roadmap via specialty products, exports and the Malaysian expansion, which could support long-term re-rating from the current low PE of 9.3x. However, management notably declined to give FY27 revenue or margin guidance citing macro uncertainty, and Q1 typically being the strongest quarter may face headwinds from weak demand, fuel cost hikes and geopolitical disruption.