20 Microns FY26 net profit rises 15.6% on operational efficiency
20 Microns Limited reported a 15.6% year-on-year increase in net profit to ₹666.7 million for the fiscal year ended March 31, 2026, driven by operational efficiencies and a disciplined focus on profitability. For the quarter ended March 31, 2026, the company posted a consolidated net profit of ₹175.9 million, compared to ₹152.1 million in the same period of the previous year. The Board of Directors has recommended a final dividend of ₹1.25 per equity share, subject to shareholder approval at the Annual General Meeting scheduled for July 31, 2026.

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20 Microns Limited has reported a 15.6% year-on-year increase in net profit to ₹666.7 million for the fiscal year ended March 31, 2026, driven by operational efficiencies and a disciplined focus on profitability. For the quarter ended March 31, 2026, the company posted a consolidated net profit of ₹175.9 million, compared to ₹152.1 million in the same period of the previous year. The Board of Directors has recommended a final dividend of ₹1.25 per equity share, subject to shareholder approval at the Annual General Meeting scheduled for July 31, 2026.
Q4 Consolidated Performance
Consolidated revenue for Q4 FY26 stood at ₹2,610.6 million, a 14.8% increase from ₹2,274.1 million in Q4 FY25. The company achieved an EBITDA of ₹317.7 million for the quarter, with an EBITDA margin of 12.2%, compared to 12.7% in the prior year. Profit After Tax (PAT) for the quarter grew 15.6% year-on-year to ₹175.9 million, with a PAT margin of 6.7%.
| Metric | Q4 FY26 | Q4 FY25 |
|---|---|---|
| Revenue from Operations (₹ Mn) | 2,610.6 | 2,274.1 |
| EBITDA (₹ Mn) | 317.7 | 289.8 |
| EBITDA Margin (%) | 12.2% | 12.7% |
| PAT (₹ Mn) | 175.9 | 152.1 |
Annual Financial Performance
For the full fiscal year, revenue from operations grew 4.5% to ₹9,538.3 million, up from ₹9,127.8 million in the previous year. Total income for FY26 was ₹9,600.9 million. Net profit for the year increased to ₹666.7 million from ₹624.8 million in FY25. The basic and diluted earnings per share (EPS) for the year rose to ₹18.94 from ₹17.68 in the prior year.
| Financial Metric (Year Ended) | 31-03-2026 (₹ in Lakhs) | 31-03-2025 (₹ in Lakhs) |
|---|---|---|
| Revenue from Operations | 95,383.26 | 91,278.52 |
| Total Income | 96,009.07 | 91,654.59 |
| Net Profit for the Period | 6,667.00 | 6,248.47 |
| Basic EPS | 18.94 | 17.68 |
Management Commentary and Outlook
The management attributed the resilient performance to a favourable product mix and disciplined cost management, which helped maintain EBITDA margins at 12.9% for the full year. The company noted that it delivered a resilient performance in FY2025-26 despite a challenging operating environment marked by subdued paint industry demand and geopolitical uncertainties. Over the last five years, the company has doubled its revenues and nearly tripled its profits, scaling from annual revenues of just over ₹100 crore in FY2008 to approaching the ₹1,000 crore milestone in FY2026.
Strategic Outlook and CAPEX
Looking ahead, the company announced a ₹100 crore CAPEX program to be deployed over the next two years. The investment will focus on capacity expansion, debottlenecking, mining enhancements, and R&D initiatives. The CAPEX allocation includes 40% for Malaysian Operations, 30% for India Facilities, 15% for the Sievert JV in construction chemicals, and 15% for R&D and ESG. The company expects these investments to improve operational productivity, strengthen import substitution capabilities, and support growth across domestic and export markets.
Dividend and Corporate Actions
The Board recommended a final dividend of ₹1.25 per equity share of face value ₹5 each, representing 25%, for FY26. The total dividend outflow aggregates to ₹441.08 lakh. To determine entitlement, the Register of Members and Share Transfer Books will remain closed from July 18, 2026, to July 31, 2026. The Record Date has been fixed as July 17, 2026. If approved, the dividend will be paid within 30 days of the declaration.
Historical Stock Returns for 20 Microns
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.51% | -1.33% | +6.52% | -5.40% | -22.36% | +179.34% |
How will the proposed ₹100 crore CAPEX program impact the company's debt profile and free cash flow over the next two years?
What specific revenue synergies does the company expect from the 15% investment allocated to the Sievert JV in construction chemicals?
Can the company sustain current EBITDA margins once the new capacity expansions come online and begin commercial production?


































