Q2 sales fall and group profit rises; Malaysia unit to become wholly owned

Revenue DeclineRelated Party TransactionsResults View source PDF Explain this filing

20MICRONS · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-4.6%Reaction day

₹213.60

prior close

₹207.30

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.4%-4.2% vs market

Industrial Minerals peers, median of 12sector+0.0%-4.6% vs sector

On the reaction day the stock moved 4.2 pts less than Nifty Microcap 250 and 4.6 pts less than its Industrial Minerals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.6

10m

-1.3

15m

-0.8

30m

-0.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-4.6-0.4-4.2+0.0-4.6

Next day

-7.3-0.6-6.7+0.7-8.0

-6.8+0.3-7.1+0.5-7.3

-7.3+0.2-7.5-1.0-6.3

-8.9+0.1-9.1-1.3-7.7

-8.9+0.7-9.6-1.5-7.4

-7.8-0.3-7.5-4.5-3.2

15d

-10.6-2.0-8.6-6.6-4.0

-11.3-5.7-5.6-9.3-2.0

-9.9-7.8-2.1-5.6-4.3

-15.1-4.6-10.5-8.6-6.5

UpDownMarket · Nifty Microcap 250Sector · Industrial Minerals peers, median of 12Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Q2 company revenue fell 5.8% year on year to Rs 197.60 crore and profit fell 8.3% to Rs 14.03 crore. Group revenue fell 3.9% to Rs 230.78 crore, but profit rose 5.5% to Rs 17.35 crore. The board approved buying 14 Malaysia subsidiary shares for 14 Malaysian ringgit, taking ownership to 100%.

Likely market impact

Weaker sales and company profit may hurt sentiment, but group profit growth and stronger operating cash flow support the stock. The buyout gives full control.