# 20 Microns share price today (20 Microns Ltd, NSE: 20MICRONS)

> 20 Microns share price today: ₹181.07 at the NSE close on 4 November 2026, down 15.1% in a year. 20 Microns (NSE: 20MICRONS) is worth ₹641 crore, trades at a P/E of 10.0 and has closed between ₹140.72 and ₹222.49 over the past 52 weeks. > 20 Microns Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. 20MICRONS · Mining/Minerals · data as of 4 November 2026. Page: https://www.sectoralpha.in/stocks/20-microns-ltd

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## Key numbers

- Business trend: Growing steadily, from the last 12 quarters
- Price: ₹181.07 (−15.1% in a year)
- P/E: 10.0× (lower than 51% of the last 10 years)
- Revenue (Sep 2026): ₹238 Cr (+3.0% on a year ago)
- Profit (Sep 2026): ₹14.0 Cr (−17.6% on a year ago)
- Operating margin: 12.0% (−2.0 points on a year ago)
- ROCE: 17%, FY26
- ROIC: 12.3%, against a 12.0% cost of capital: +0.3 points

Biggest thing to watch: the price has already been rising for 15 weeks, so timing is the risk more than the business. ## What is the 20 Microns share price today? 20 Microns Ltd's share price was ₹181.07 at the close on 4 November 2026. It has been rising for 15 weeks. That is 7.5% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹141 and ₹222, and at that close it sat 49% of the way up from that low. Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 1 week in a row. Over the last 11 years the share price moved +585% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at 20 Microns this quarter? One change stood out: profit fell in the September 2026 quarter. 1. Profit fell in the September 2026 quarter Profit was ₹14 crore, -17.6% on a year earlier (₹17 crore), after 4 quarters of growth. Why: Profit fell because fuel and freight costs rose sharply. Next results: check whether better pricing and efficiency lift the share of sales left as profit. From the earnings call on 30 Oct 2026. ## What are 20 Microns' latest quarterly results? For July to September 2026 (the quarter ended 30 September 2026), 20 Microns reported revenue of ₹238 crore, up 3.0% from ₹231 crore a year earlier, and a profit of ₹14.0 crore, down 17.6% from ₹17.0 crore. ### 20 Microns results: July to September 2026 against a year earlier

| Measure | July to September 2026 | July to September 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹238 crore | ₹231 crore | +3.0% |
| Profit | ₹14.0 crore | ₹17.0 crore | −17.6% |
| Earnings per share | ₹3.87 | ₹4.93 | −21.5% |
| Operating margin | 12.0% | 14.0% | −2.0 points |

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). 20 Microns' management discussed these results on a call held on 30 October 2026; what it said is further down this page. (From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.)

## What is the 20 Microns share price history? 20 Microns closed at ₹181.07 on 4 November 2026, down 15.1% from ₹213.21 a year earlier (7 November 2025) and up 203.0% over five years. Its highest weekly close since March 2016 was ₹339.00 on 23 August 2024. ### 20 Microns share price: then and now

| When | Close | Change to 4 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 30 Oct 2026 | ₹161.48 | +12.1% |
| 1 month ago · 1 Oct 2026 | ₹207.26 | −12.6% |
| 6 months ago · 8 May 2026 | ₹181.81 | −0.4% |
| 1 year ago · 7 Nov 2025 | ₹213.21 | −15.1% |
| 3 years ago · 3 Nov 2023 | ₹151.40 | +19.6% |
| 5 years ago · 4 Nov 2021 | ₹59.75 | +203.0% |
| 10 years ago · 4 Nov 2016 | ₹41.00 | +341.6% |
| Earliest weekly close in our records · 11 Mar 2016 | ₹26.45 | +584.6% |
| Highest weekly close since March 2016 · 23 Aug 2024 | ₹339.00 | −46.6% |
| Lowest weekly close since March 2016 · 20 Mar 2020 | ₹22.60 | +701.2% |
| 52-week high (weekly close) · 4 Sep 2026 | ₹222.49 | −18.6% |
| 52-week low (weekly close) · 27 Mar 2026 | ₹140.72 | +28.7% |

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (561 weekly closes from 11 March 2016 to 4 November 2026.)

## What is the latest news on 20 Microns? 4 Nov 2026: 20 Microns closed at ₹181.07, up 12.1% on the week and down 12.6% on the month. 30 Oct 2026: 20 Microns held its results call for July to September 2026. Management guided: H2 revenue and operating performance to be better than H1 with Q3 similar to Q2 and Q4 seasonally strongest. ### Earlier

- Results for July to September 2026: Revenue up 3.0% and profit down 17.6% on a year earlier. - 17 Jul 2026: ex-date for a dividend of ₹1.25 a share. ## What dividend does 20 Microns pay? 20 Microns paid ₹1.25 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 0.69% at the ₹181.07 close on 4 November 2026. The last was a dividend of ₹1.25 a share, ex-date 17 July 2026. ### 20 Microns dividends since 1 April 2021

| Ex-date | Dividend per share | Type |
| --- | --- | --- |
| 17 Jul 2026 | ₹1.25 | Dividend |
| 24 Jul 2025 | ₹1.25 | Dividend |
| 12 Jul 2024 | ₹1.25 | Dividend |
| 26 Jul 2023 | ₹0.75 | Dividend |

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here. 3 of 5 Of the last 5 financial years, years with an NSE dividend record

Yes. 20 Microns Ltd paid out 7% of its profit as dividends in FY26, and it paid a dividend in 6 of its last 13 reported years. (From the NSE corporate-actions record, read 5 November 2026.)

## What did 20 Microns management say on the latest results call? On the call for July to September 2026, held on 30 October 2026, 20 Microns' management guided: H2 revenue and operating performance to be better than H1 with Q3 similar to Q2 and Q4 seasonally strongest. > “Through a pandemic, supply chain disruptions, and sharp swings in energy and freight costs, our EBITDA margins have stayed between 12% and 14% year after year for over a decade. A commodity business does not typically behave that way.”
> Atil Parikh, on the call for July to September 2026

### What management guided

- 18% revenue yearly growth over next 2-3 years on identified projects and mining reserves. - 9MW captive solar (5.5MW Rajasthan plus 3.5MW Gujarat) commissioning in Q4 this financial year, meeting about 40% power needs for about ₹8 crore annual operating profit benefit with full run rate from FY29 on about ₹29 crore of spending. - Rajasthan quartz-feldspar and Andhra talc mines to begin production from December 26 with full-year benefit from FY28. - Capital spending to reach nearly half by Q3 on ₹17 crore solar spend in current quarter, balance 70% over next 15-18 months within phased 24-month program. Management’s own plans and goals, from our notes of the call. A plan is not a result. Source: [the call transcript](https://files.tijoristack.ai/concall/transcript/5610-30-Oct-2026.pdf). (From the call for July to September 2026, 30 October 2026.)

## What to watch in 20 Microns' next results? When 20 Microns reports October to December 2026, these are the 4 checks that show whether the story is still on course. First: H2 pricing and efficiency recovery into operating margin - check Q3 print against flagged energy-freight hit. - What to check (from the call)
- H2 pricing and efficiency recovery into operating margin - check Q3 print against flagged energy-freight hit. - Captive solar build reaching commissioning window - check on-time start and progress toward flagged full-year benefit. - Acquired mines moving to production start - check on-schedule start and early captive supply contribution. - Inventory normalization and operating cash catching up with profits - check balance sheet and cash flow progress. ## Which stock lists is 20 Microns on? 20 Microns is not on any of our India lists this week. ## Is 20 Microns profitable? 20 Microns Ltd earned ₹14.0 Cr of net profit in the Sep 2026 quarter, −17.6% on the same quarter a year earlier. Full-year FY26 profit was ₹67.0 Cr. Over 10 years profit has grown 19.8% a year on average. That is 5.9% of the quarter's revenue. The same quarter a year earlier earned ₹17.0 Cr. For the full year, FY26 profit was ₹67.0 Cr (+8.1% on the year before). Why profit moved: revenue changed +3.0% on a year earlier and the margin moved −2.0 percentage points. Sales did the work while the margin got thinner. On average over the last four quarters, profit changed +5.9% and revenue +4.3%. Profit and revenue are moving at about the same pace. ## How much revenue does 20 Microns make, and is it growing? 20 Microns Ltd reported ₹238 Cr of revenue in the Sep 2026 quarter, +3.0% on the same quarter a year earlier. Over 10 years it has grown 10.3% a year on average. The last full year, FY26, came in at ₹954 Cr. The last four reported quarters add to ₹959 Cr. FY26 revenue was ₹954 Cr, +4.5% on the year before. Recent pace: the last four quarters grew +4.3% on average, against 10.3% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +4.2%, against +5.7% a year over the last 8 quarters (stabilising); profit over the last 12 months grew +4.8%, against +4.1% a year (stabilising). ## How much of every ₹100 of sales does 20 Microns keep? 20 Microns Ltd's operating margin was 12.0% in the Sep 2026 quarter, 2.0 percentage points lower than the same quarter a year ago. Across 13 years it has been between 8.0% and 14.0%. The latest quarter is within that range. Why the margin moved: operating margin changed −2.3 percentage points on the year while gross margin changed +0.1 points. So the drop came mostly from costs below the gross margin, such as staff and overheads, measured against sales. ## Is 20 Microns' profit turning into cash? Over the last 3 years, 103% of 20 Microns Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹104 Cr of operating cash against ₹67.0 Cr of profit. After ₹37.0 Cr of spending on assets, ₹67.0 Cr was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why 103% of profit came in as cash: the cash cycle got 48 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives. What to look at next: the bigger use of cash is spending on new assets, at 2.7× depreciation over three years. The next section checks what that spending is building. ## Where does 20 Microns' cash go? 20 Microns Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 126 days in FY26, up from 78 days in FY21. It spent ₹141 Cr on assets over the last 3 years. Customers take 68 days to pay, and stock sits for 102 days on average. At FY26 sales of ₹954 Cr, each day of that cycle ties up about ₹2.6 Cr, so roughly ₹329 Cr is tied up in the business at any time. FY26: customers took 68 days to pay and stock sat for 102 days, about 3.4 months of sales sitting as stock, for a full cycle of 126 days, longer than FY21's 78. The full loop: cash goes out to suppliers and production on day 0. Stock sits for 102 days. Customers pay about 68 days after that. Suppliers are paid at 44 days. Together that makes the 126-day cycle. Spending on assets: ₹141 Cr over the last 3 years, against ₹53.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹13.0 Cr (FY26): assets paid for that are not earning yet. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is 20 Microns' P/E ratio, and how does it compare with its own history? 20 Microns Ltd's P/E is 10.0×, in the middle of its own history: higher than 49% of past readings. Its usual P/E (the middle reading) is 10.0×, over 10 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved +7.1% while the price moved −15.1%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 5 years the price moved +24.8% a year; about +19.6% a year came from earnings growth and about +5.2 percentage points from the multiple (the market paying more); over 10 years the price moved +16.0% a year; about +19.9% a year came from earnings growth and about −3.9 percentage points from the multiple (the market paying less). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is about average against its own past, so the earnings trend underneath matters more than the multiple. ## Is the 20 Microns business getting better or worse? 20 Microns Ltd's business is growing steadily. Revenue, profit and EPS growth have stayed positive throughout, and ROCE is steady at 20.7%. This is based on 12 quarters of 4 measures. Why it matters: steady growth with healthy returns is how a business compounds over time. ## How much does 20 Microns earn on its capital? 20 Microns Ltd earned a ROCE of 17% in FY26. That is up from a low of 9% in FY15. Its return on capital used (ROIC) is 0.3 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 7.0% net margin and 1.26× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 7.0% net margin × 1.26× asset turnover × 1.56× leverage (assets divided by equity) ≈ 13.8% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed. The key test, return on capital used minus the cost of capital: 12.3% − 12.0% = +0.3 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Positive but thin: it creates value with little room for error. The 12.3% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 13.3%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does 20 Microns have too much debt? 20 Microns Ltd has total debt of ₹156 Cr against shareholder equity of ₹487 Cr as of Jun 2026, so its debt is 0.32× its equity. Year by year, that ratio went from 0.49 in FY22 to 0.32 in FY26. Keep that borrowing in mind when reading the returns on this page. ## What is the 20 Microns shareholding pattern? No group of 20 Microns Ltd's owners changed its stake by a full percentage point over the last two years. Promoters moved +0.0 points over the same period, to 45.0%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Domestic institutions: +0.1 points over 8 quarters, to 0.1%; Promoters: +0.0 points over 8 quarters, to 45.0%; Foreign institutions: +0.0 points over 8 quarters, to 1.0%. ## How far is 20 Microns from balance-sheet trouble? For 20 Microns Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does 20 Microns rank in its industry? 44.5 out of 100, rank 9 of 14 in Mining/Minerals, with 85% of the evidence available. 20 Microns Ltd scores 44.5 out of 100 against the 14 companies it is compared with in Mining/Minerals, ranking 9. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 7.8 + 16.9 + 10.3 + 9.5 = 44.5. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is 20 Microns compared with? 20 Microns ranks 9 of 14 Mining/Minerals companies on the 4-Factor Sector Score, with 44.5 out of 100. 1. [South West Pinnacle Exploration Ltd](https://www.sectoralpha.in/stocks/south-west-pinnacle-exploration-ltd) SOUTHWEST · quiet · Most evidence points up · 96% evidence 67.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 28.5/35 · Revenue 39.2% · Profit 100% · Operating margin change 9.8 points · 88% evidence Capital efficiency 18.4/25 · ROCE 20.1% · Operating margin 24.2% · 100% evidence Valuation 14.8/20 · P/E 14.3× · PEG 1.26 · 100% evidence Relative strength 5.8/20 · Lead over its industry -2.8% · Lead over NIFTY 500 -12.5% · 1 year 11.2% · 100% evidence · 0 of 12 weeks ahead Exact sum: 28.5 + 18.4 + 14.8 + 5.8 = 67.5 · What this means: Earnings are strong; relative strength in its sector is -2.8% and the one-year return is 11.2%. 2. [Vedanta Ltd](https://www.sectoralpha.in/stocks/vedanta-ltd) VEDL · quiet · Most evidence points up · 82% evidence 67.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 26.5/35 · Revenue 45.7% · Profit 76% · Operating margin change 9 points · 95% evidence Capital efficiency 15.2/25 · ROCE 16.1% · Operating margin 38% · 76% evidence Valuation 9.1/20 · P/E 7× · PEG n/a · 50% evidence Relative strength 16.5/20 · Lead over its industry 8.2% · Lead over NIFTY 500 -2.8% · 1 year 33% · 100% evidence · 0 of 12 weeks ahead Exact sum: 26.5 + 15.2 + 9.1 + 16.5 = 67.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [Coal India Ltd](https://www.sectoralpha.in/stocks/coal-india-ltd) COALINDIA · breaking out · Evidence leans up · 82% evidence 59.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 12.0/35 · Revenue 11.5% · Profit 7.8% · Operating margin change 1 points · 95% evidence Capital efficiency 20.0/25 · ROCE 35% · Operating margin 19% · 76% evidence Valuation 10.8/20 · P/E 7.2× · PEG n/a · 50% evidence Relative strength 16.6/20 · Lead over its industry 6.2% · Lead over NIFTY 500 -4.1% · 1 year 0.1% · 100% evidence · 0 of 12 weeks ahead Exact sum: 12 + 20 + 10.8 + 16.6 = 59.4 · What this means: Relative strength against the index is -4.1%, and revenue and profit growth are weak. 4. [Ashapura Minechem Ltd](https://www.sectoralpha.in/stocks/ashapura-minechem-ltd) ASHAPURMIN · quiet · Evidence leans up · 63% evidence 57.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.5/35 · Revenue 62.6% · Profit 19.5% · Operating margin change -2 points · 83% evidence Capital efficiency 17.0/25 · ROCE 20.9% · Operating margin 11% · 76% evidence Valuation 13.7/20 · P/E 9.5× · PEG n/a · 50% evidence Relative strength 7.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -31.5% · 1 year -38.4% · 25% evidence · 0 of 12 weeks ahead Exact sum: 19.5 + 17 + 13.7 + 7.5 = 57.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [Indian Metals & Ferro Alloys Ltd](https://www.sectoralpha.in/stocks/indian-metals-ferro-alloys-ltd) IMFA · quiet · Evidence leans up · 96% evidence 54.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.5/35 · Revenue 23.6% · Profit 46.6% · Operating margin change 9 points · 88% evidence Capital efficiency 16.1/25 · ROCE 18.4% · Operating margin 29% · 100% evidence Valuation 8.9/20 · P/E 11.2× · PEG 1.4 · 100% evidence Relative strength 4.5/20 · Lead over its industry -4.7% · Lead over NIFTY 500 -13.9% · 1 year -9.3% · 100% evidence · 0 of 12 weeks ahead Exact sum: 24.5 + 16.1 + 8.9 + 4.5 = 54 · What this means: Earnings are strong; relative strength in its sector is -4.7% and the one-year return is -9.3%. 6. [Orissa Minerals Development Company Ltd](https://www.sectoralpha.in/stocks/orissa-minerals-development-company-ltd) ORISSAMINE · quiet · Too little evidence to rank firmly · 56% evidence 52.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.7/35 · Revenue 47.5% · Profit 100% · Operating margin change 26.9 points · 65% evidence Capital efficiency 10.8/25 · ROCE 9.6% · Operating margin 31.5% · 100% evidence Valuation 8.7/20 · P/E 571× · PEG n/a · 15% evidence Relative strength 8.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -20.3% · 1 year -40.8% · 25% evidence · 3 of 12 weeks ahead Exact sum: 24.7 + 10.8 + 8.7 + 8.5 = 52.7 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 7. [MOIL Ltd](https://www.sectoralpha.in/stocks/moil-ltd) MOIL · quiet · Evidence leans up · 96% evidence 51.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 15.9/35 · Revenue 4.9% · Profit 7.8% · Operating margin change 14 points · 88% evidence Capital efficiency 13.0/25 · ROCE 12.4% · Operating margin 37% · 100% evidence Valuation 15.8/20 · P/E 14.3× · PEG 0.68 · 100% evidence Relative strength 7.0/20 · Lead over its industry -15.8% · Lead over NIFTY 500 -23.6% · 1 year -41.5% · 100% evidence · 0 of 12 weeks ahead Exact sum: 15.9 + 13 + 15.8 + 7 = 51.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 8. [KIOCL Ltd](https://www.sectoralpha.in/stocks/kiocl-ltd) KIOCL · basing · Too little evidence to rank firmly · 56% evidence 44.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.9/35 · Revenue 27.5% · Profit 100% · Operating margin change 29 points · 65% evidence Capital efficiency 2.9/25 · ROCE 1.4% · Operating margin -17% · 100% evidence Valuation 9.0/20 · P/E 507× · PEG n/a · 15% evidence Relative strength 9.8/20 · Lead over its industry n/a · Lead over NIFTY 500 -7.1% · 1 year -24.7% · 25% evidence · 0 of 12 weeks ahead Exact sum: 22.9 + 2.9 + 9 + 9.8 = 44.6 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 9. 20 Microns Ltd this page 20MICRONS · quiet · Evidence leans down · 85% evidence 44.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 7.8/35 · Revenue 4.2% · Profit 4.8% · Operating margin change -2 points · 100% evidence Capital efficiency 16.9/25 · ROCE 17.3% · Operating margin 12% · 100% evidence Valuation 10.3/20 · P/E 8.9× · PEG 1.48 · 100% evidence Relative strength 9.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -9.8% · 1 year -21.9% · 25% evidence · 8 of 12 weeks ahead Exact sum: 7.8 + 16.9 + 10.3 + 9.5 = 44.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 10. [Midwest Energy Ltd](https://www.sectoralpha.in/stocks/midwest-gold-ltd) quiet · Too little evidence to rank firmly · 56% evidence 40.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.9/43.75 · Revenue 100% · Profit -80% · Operating margin change 573.9 points · 83% evidence Capital efficiency 5.5/31.25 · ROCE 1.6% · Operating margin 18.8% · 95% evidence Valuation 10.6/25 · P/E 631× · PEG n/a · 15% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 23.9 + 5.5 + 10.6 = 40 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 11. [Gujarat Mineral Development Corporation Ltd](https://www.sectoralpha.in/stocks/gujarat-mineral-development-corporation-ltd) GMDCLTD · quiet · Evidence leans down · 100% evidence 38.6 out of 100 Growth Capital Valuation Relative
12. [Caliber Mining and Logistics Ltd](https://www.sectoralpha.in/stocks/caliber-mining-and-logistics-ltd) CMLL · Too little evidence to rank firmly · 34% evidence 54.2 out of 100 Growth Capital Valuation Relative
13. [Deccan Gold Mines Ltd](https://www.sectoralpha.in/stocks/deccan-gold-mines-ltd) DECNGOLD · losing its lead · Too little evidence to rank firmly · 42% evidence 52.2 out of 100 Growth Capital Valuation Relative
14. [Bharat Coking Coal Ltd](https://www.sectoralpha.in/stocks/bharat-coking-coal-ltd) BHARATCOAL · quiet · Too little evidence to rank firmly · 47% evidence 33.5 out of 100 Growth Capital Valuation Relative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Mining/Minerals](https://www.sectoralpha.in/sectors/mining-minerals), all 14 compared on one page. ## Which companies are close to 20 Microns in size? 20 Microns is the 14th largest of 14 Mining/Minerals companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Ashapura Minechem, Midwest Energy, Caliber Mining and Logistics, Deccan Gold Mines, Orissa Minerals Development Company and South West Pinnacle Exploration. It is the smallest. ### Mining/Minerals companies close in size

1. [Ashapura Minechem Ltd](https://www.sectoralpha.in/stocks/ashapura-minechem-ltd) ₹3,904 crore
2. [Midwest Energy Ltd](https://www.sectoralpha.in/stocks/midwest-gold-ltd) ₹3,539 crore
3. [Caliber Mining and Logistics Ltd](https://www.sectoralpha.in/stocks/caliber-mining-and-logistics-ltd) ₹3,459 crore
4. [Deccan Gold Mines Ltd](https://www.sectoralpha.in/stocks/deccan-gold-mines-ltd) ₹3,217 crore
5. [Orissa Minerals Development Company Ltd](https://www.sectoralpha.in/stocks/orissa-minerals-development-company-ltd) ₹1,896 crore
6. [South West Pinnacle Exploration Ltd](https://www.sectoralpha.in/stocks/south-west-pinnacle-exploration-ltd) ₹572 crore
7. 20 Microns Ltd ₹570 crore

[All 14 Mining/Minerals companies, largest first](https://www.sectoralpha.in/sectors/mining-minerals#all-companies)

### Companies close in size in other industries

1. [South West Pinnacle Exploration Ltd](https://www.sectoralpha.in/stocks/south-west-pinnacle-exploration-ltd) ₹572 crore · Mining/Minerals
2. [Axentra Corp Limited](https://www.sectoralpha.in/stocks/axentra-corp-limited) ₹571 crore · Construction - Factories/Offices/Commercial
3. 20 Microns Ltd ₹570 crore
4. [Z-Tech (India) Ltd](https://www.sectoralpha.in/stocks/z-tech-indialtd) ₹570 crore · Amusement Parks
5. [Exato Technologies Ltd](https://www.sectoralpha.in/stocks/exato-technologies-ltd) ₹568 crore · IT - Software

## What else do people ask about 20 Microns? ### What is 20 Microns's share price today? 20 Microns Ltd's share price is ₹181.07, −15.1% over the past year. The whole company is worth ₹641 Cr on the market. In the last 52 weeks it traded between ₹141 to ₹222; today it is 49% of the way up from the low, 7.5% below its 200-day average (as of 4 November 2026). ### What were 20 Microns's latest quarterly results? 20 Microns Ltd reported revenue of ₹238 Cr and net profit of ₹14.0 Cr for the Sep 2026 quarter. Revenue rose 3.0% and profit fell 17.6% compared with a year earlier. Earnings per share were ₹3.87. The operating margin was 12.0%, 2.0 percentage points lower than a year earlier (as of 4 November 2026). ### What is 20 Microns's market cap? 20 Microns Ltd's market capitalisation is ₹641 Cr at a share price of ₹181.07. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026). ### How is 20 Microns performing? 20 Microns Ltd's share price has been rising for 15 weeks. In its latest quarter, revenue rose 3.0% and profit fell 17.6% compared with a year earlier. Over the past 13 weeks it has done better than the NIFTY 500, for 1 week running (as of 4 November 2026). ### Will 20 Microns's share price go up? This page does not forecast 20 Microns Ltd's share price. What it shows instead: the share price is ₹181.07, and it has been rising for 15 weeks. Its P/E of 10.0× is higher than 49% of its own last 10 years (as of 4 November 2026). ### Who owns 20 Microns? Promoters own 45.0% of 20 Microns Ltd, foreign institutions 1.0%, domestic institutions 0.1% and the public 53.9% (latest quarter). No group of owners changed its stake by a full point over the last two years (as of 4 November 2026). ### Does 20 Microns have too much debt? 20 Microns Ltd has a moderate amount of debt: its debt is 0.32× its equity, and its operating profit is 7 times its interest bill. FY26 borrowings were ₹156 Cr against equity of ₹484 Cr. Keep that borrowing in mind when reading the returns on this page (as of 4 November 2026). ### Where is 20 Microns in its business cycle? 20 Microns Ltd's FY26 operating margin was 13.0%, against a 13-year range of 8.0% to 14.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 12.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026). ### What could break the 20 Microns story? Biggest thing to watch: the price has already been rising for 15 weeks, so timing is the risk more than the business. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026). ### Is 20 Microns a stock worth studying right now? What the numbers show: 20 Microns Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026). ### Is there a 20 Microns share price forecast for 2026? What management itself guided: H2 revenue and operating performance to be better than H1 with Q3 similar to Q2 and Q4 seasonally strongest. This is research, not advice. We’re not SEBI-registered.