20 Microns Limited , a leading player in the micronised minerals industry, has announced its financial results for the first quarter, showcasing a mixed performance with EBITDA growth but a slight decline in margins.

EBITDA Growth

The company reported a consolidated EBITDA of ₹328.00 million for the quarter, marking an increase from ₹318.00 million in the same period last year. This year-over-year growth in EBITDA demonstrates the company's ability to improve its operational performance despite challenging market conditions.

Margin Decline

Despite the EBITDA growth, 20 Microns experienced a slight decline in its EBITDA margin. The company's EBITDA margin decreased to 12.85% from 13.01% in the corresponding quarter of the previous year.

Revenue Growth

The company reported a consolidated revenue of ₹247.17 crore for the quarter, marking an increase from ₹230.55 crore in the same period last year. This 7.2% year-over-year growth in the top line demonstrates the company's ability to expand its market presence and sales.

Profit Decline

Despite the revenue growth, 20 Microns experienced a slight decline in its quarterly consolidated net profit. The company reported a net profit of ₹16.86 crore, down from ₹17.90 crore in the corresponding quarter of the previous year, representing a 5.8% decrease.

Financial Highlights

Here's a breakdown of the key financial metrics for Q1:

Operational Performance

The company's operational performance showed resilience, with the cost of materials consumed increasing to ₹126.71 crore from ₹124.28 crore in the same quarter last year. This suggests that 20 Microns has been managing its raw material costs effectively while growing its revenue.

Looking Ahead

As 20 Microns continues to operate in the dynamic micronised minerals sector, investors and stakeholders will be watching closely to see how the company balances its growth initiatives with profitability in the coming quarters. The company's performance in managing costs, improving operational efficiency, and capitalizing on market opportunities will be crucial in determining its financial trajectory for the rest of the fiscal year.

20 Microns Limited remains a significant player in the micronised minerals industry, and its Q1 results reflect both the challenges and opportunities present in the current market landscape.

20 Microns Ltd. , a leading player in the micronized minerals and speciality chemicals industry, has announced its fourth quarter financial results, showcasing robust growth across key metrics. The company has also recommended a final dividend, signaling confidence in its financial position.

Financial Highlights

20 Microns reported a significant increase in its consolidated net profit for Q4, rising to ₹152.20 crore from ₹136.40 crore in the same quarter of the previous year, marking an 11.6% year-over-year growth. The company's revenue also saw a healthy uptick, reaching ₹2,270.00 crore, up from ₹2,120.00 crore in the corresponding period last year, representing a 7.1% increase.

Improved Operational Efficiency

The company's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) showed a notable improvement, increasing to ₹289.80 crore from ₹265.40 crore in the previous year. This represents a growth of 9.2% year-over-year. More importantly, the EBITDA margin expanded to 12.74% from 12.50% in the same quarter last year, indicating enhanced operational efficiency and cost management.

Dividend Announcement

In a move that is likely to please shareholders, 20 Microns' board has recommended a final dividend of ₹1.25 per equity share. This dividend announcement comes on the back of the company's strong financial performance and may be seen as a way to reward investors for their continued support.

The company's ability to increase profitability, grow revenue, and improve operational efficiency in the face of challenging global economic conditions demonstrates its resilience and strong market position. As 20 Microns continues to navigate the evolving business landscape, investors and industry observers will be keen to see if the company can maintain this growth trajectory in the coming quarters.