20 microns Limited has delivered a strong financial performance for the quarter ended December 31, 2025, with significant growth in profitability across both standalone and consolidated operations. The micronized minerals specialist reported robust earnings growth while maintaining steady revenue performance during the third quarter of FY26.

Financial Performance Highlights

The company's standalone operations showed impressive profitability improvements during Q3FY26. Net profit surged 36.6% year-on-year, demonstrating the company's operational efficiency and market positioning in the micronized minerals segment.

Nine-Month Performance Review

For the nine months ended December 31, 2025, 20 Microns maintained consistent growth momentum. Standalone revenue from operations increased to ₹60,193.77 lakhs from ₹59,649.64 lakhs in the corresponding period last year. Net profit for the nine-month period reached ₹4,302.01 lakhs compared to ₹4,163.63 lakhs in the previous year, representing a 3.3% increase.

Consolidated Results Show Strong Performance

The consolidated financial results reflected the group's overall strength, with revenue from operations reaching ₹21,482.14 lakhs in Q3FY26 compared to ₹21,465.04 lakhs in Q3FY25. Consolidated net profit attributable to owners increased significantly to ₹1,495.61 lakhs from ₹1,288.87 lakhs, marking a 16.0% year-on-year growth.

Board Approvals and Strategic Initiatives

The Board of Directors, meeting on January 24, 2026, approved several significant proposals subject to shareholder approval through postal ballot. The company received authorization to advance loans, give guarantees, and provide securities to entities where directors have interests, up to an aggregate amount of ₹50 crores under Section 185 of the Companies Act, 2013.

Operational Efficiency and Cost Management

The company demonstrated effective cost management during the quarter, with total expenses reaching ₹17,037.22 lakhs compared to ₹17,279.20 lakhs in the corresponding quarter last year. Cost of materials consumed decreased to ₹9,682.29 lakhs from ₹10,191.77 lakhs, reflecting improved procurement efficiency and operational optimization.

Exceptional Items and Labour Settlements

The company reported exceptional items of ₹23.30 lakhs related to labour claims settlement during Q3FY26, compared to ₹92.05 lakhs in the corresponding quarter last year. These settlements pertain to historical disputes regarding wages, benefits, and other entitlements filed under Section 33C(2) in Labour Court and Section 17B in High Court.

The financial results were reviewed by the Audit Committee and approved by the Board of Directors on January 24, 2026, with limited review conducted by statutory auditors Manubhai & Shah LLP in compliance with SEBI regulations.

20 Microns Limited , a leading player in the industrial minerals sector, has released its financial results for the second quarter of fiscal year 2025-26, showcasing resilience in the face of industry headwinds.

Financial Highlights

Despite a 3.9% year-on-year decline in consolidated revenue to ₹2,307.80 million, 20 Microns demonstrated strong profitability. The company's profit after tax (PAT) grew by 5.5% to ₹173.50 million, while EBITDA margins improved significantly to 13.8% from 12.8% in the same quarter last year.

Segment Performance

The company's revenue mix for Q2 FY26 was as follows:

• Paints: 48%
• Plastics: 25%
• Rubber: 9%
• Others: 18%

Market Challenges and Company Response

The paint industry, which contributes nearly half of 20 Microns' revenue, faced headwinds due to extended monsoons and a delayed festive season. However, the company managed to strengthen its market position, gaining share and maintaining margin stability amidst intense competition in the paint manufacturing sector.

Management Commentary

Rajesh C. Parikh, Chairman and Managing Director, stated, "Despite headwinds from the paint industry, we reported robust consolidated revenue. Our improved EBITDA margins, driven by cost efficiencies, underscore our commitment to operational excellence."

He added, "We are confident of a demand recovery in the second half of FY26, driven by the festive and wedding season. Our focus remains on margin enhancement, product diversification, and geographic expansion."

Strategic Initiatives

20 Microns is actively expanding its global presence through participation in international trade fairs. The company showcased its products at K Fair 2025 in Düsseldorf and plans to participate in upcoming domestic exhibitions including PlastIndia 2026, PaintIndia 2026, and India Rubber Expo 2026.

Outlook

Management expects a demand recovery in the second half of FY26, supported by seasonal factors. The company's strategic focus on innovation, product diversification (especially in plastics and rubber segments), and operational efficiencies is expected to drive future growth and margin improvement.

Conclusion

Despite short-term challenges in its primary market segment, 20 Microns Limited has demonstrated financial resilience and strategic adaptability. The company's focus on diversification, cost efficiency, and global expansion positions it well for sustainable growth in the industrial minerals and specialty chemicals sectors.