37th AGM of 20 Microns Limited will be held on July 19
The 37th AGM 20 Microns will be on July 19th to conclude the Financial Statements for the fiscal year and to declare a final dividend of 25% amounting to Rs. 1.25 per equity share among others.
by Damodharan N
Updated Jun 22, 2024
Table of Content
20 Microns Limited has announced the scheduling of its 37th Annual General Meeting (AGM) on Friday, July 19, 2024. The meeting will commence at 11:00 AM and will be conducted via Video Conferencing/Other Audio Visual Means located at GIDC Industrial, WAGHODIA, Vadodara.
The agenda for the AGM, as outlined in the notice dated May 17, 2024, includes several key items. Firstly, shareholders will review and approve the Audited Standalone and Consolidated Financial Statements for the fiscal year ended March 31, 2024.
This will encompass the examination of the Statement of Profit and Loss and the Cash Flow Statement along with the corresponding reports from the Board of Directors and the Auditors. Additionally, shareholders will deliberate on the proposal to declare a final dividend of 25% amounting to Rs. 1.25 per equity share on 3,52,86,502 equity shares of Rs. 5/- each for the financial year 2023-24.
The meeting will also address the appointment of a Director in place of Mrs. Sejal R. Parikh, who retires by rotation and is eligible for re-appointment under Section 152(6) of the Companies Act, 2013.
Read the full notice here
20 Microns Annual Report 2023- 24
20 Microns Limited, a prominent name in the industrial minerals and specialty chemicals sector, has recently published its Annual Report for the fiscal year 2023-24. The report highlights the company's robust performance and strategic initiatives aimed at sustainable growth and innovation.
Established in 1987, 20 Microns Limited has evolved into India’s leading producer of ultra-fine industrial minerals and specialty chemicals. With over three and a half decades of industry experience, the company prides itself on a strong commitment to customer satisfaction, operational excellence, and product innovation.
Key Highlights from the Annual Report:
- Product Portfolio and Market Presence: 20 Microns offers a wide array of products across three main segments: Industrial Minerals, Functional Additives & Specialty Chemicals, and Retail Segments. These products cater to diverse industries such as paints, polymers, construction, paper, rubber, and inks, serving millions of customers globally.
- Innovation and R&D: The company places a strong emphasis on research and development, continually innovating to meet evolving customer needs. This includes the development of micronized mineral-based products tailored for various industrial applications, enhancing performance and sustainability.
- Global Footprint: Headquartered in Vadodara, Gujarat, 20 Microns operates strategically across India with manufacturing units, warehouses, and sales offices. The company’s products are distributed to over 65 countries worldwide, demonstrating a robust global presence.
Future Outlook:
Looking ahead, 20 Microns Limited remains focused on driving innovation, expanding market reach, and enhancing operational efficiencies. By leveraging its extensive industry expertise and R&D capabilities, the company aims to sustain growth momentum and consolidate its position as a leader in the global minerals and chemicals sector
Non-financial metric
|
Metric |
Details |
|
Active and motivated workforce |
800+ |
|
State-of-the-art R&D units |
2 |
|
State-of-the-art warehouses |
12 located across India |
|
Mines |
8 |
|
State-of-the-art manufacturing units |
9 |
|
Associate – JV Company |
1 |
|
Subsidiaries |
5 |
|
Industry Experience |
Over 35 years |
|
Largest Producer |
India’s largest producer of micronized industrial minerals |
|
Global Market Reach |
Products distributed to over 65 countries |
Financial data
|
Metric |
Amount (in crore) or Percentage |
|
Turnover |
₹672.45 crore |
|
Cash From Operations |
₹40.22 crore |
|
Market Cap |
₹507.07 crore |
|
Operating EBIDTA |
₹85.75 crore |
|
Earnings Per Share |
₹14.21 |
|
Net Profit |
₹50.15 crore |
|
Profit Margin |
7.46% |
|
EBIDTA Margin |
12.75% |
|
Debt Equity Ratio |
0.30 |
Read the full report here 20 Microns Annual Report 2023-24
20 Microns Limited
20 Microns Limited is a pioneering force in India's industrial minerals sector, renowned for its expertise in micronization and specialization in specialty chemicals and performance additives. With over three decades of experience, the company has evolved from mining to micronizing and even nano-sizing minerals, setting industry benchmarks with its diverse range of high-quality products.
From carbonates and kaolins to talcs, barytes, and silica, 20 Microns caters to various industries with innovative and technologically advanced solutions. The company's commitment to R&D ensures continuous innovation, offering tailored products that enhance performance and reduce formulation costs.
37th AGM of 20 Microns Limited will be held on July 19 - FAQs
1. What does 20 Microns Limited specialize in?
20 Microns Limited specialize in Industrial minerals and specialty chemicals.
2. Where is 20 Microns Limited headquartered?
20 Microns Limited headquartered in Vadodara, Gujarat, India.
3. When was 20 Microns Limited established?
20 Microns Limited established on 1987.
4. How many years of industry experience does 20 Microns Limited have?
20 Microns Limited is in the industry for Over 35 years.
5. How many subsidiaries does 20 Microns Limited have?
20 Microns Limited has a total of 5 subsidiaries
6. How many mines does 20 Microns Limited operate?
20 Microns Limited have a total of 8 mines.
7. How many manufacturing units does 20 Microns Limited have?
20 Microns Limited have total of 9 units.
8. What is the annual turnover of 20 Microns Limited?
The annual turnover of 20 Microns is ₹672.45 crore.
9. What is the market cap of 20 Microns Limited?
The market cap of 20 Microns is ₹507.07 crore.
10. What is the profit margin of 20 Microns Limited?
The profit margin of 20 Microns is 7.46%.
11. What is the EBIDTA margin of 20 Microns Limited?
The EBIDTA margin of 20 Microns is 12.75%.
12. What is the debt equity ratio of 20 Microns Limited?
The debt equity ratio of 20 Microns is 0.30.
13. How many state-of-the-art R&D units does 20 Microns Limited have?
20 Microns Limited have 2 state-of-the-art R&D units
14. How many state-of-the-art warehouses does 20 Microns Limited have?
The 20 Microns have 12 state-of-the-art warehouses located across India.
15. How many countries does 20 Microns Limited distribute its products to?
20 Microns Limited is distributing over 65 countries.
16. What sectors does 20 Microns Limited serve?
20 Microns Limited have Paints, polymers, construction, paper, rubber, and inks.
17. What is the focus of 20 Microns Limited's R&D efforts?
20 Microns Limited's wil focus on Continuous innovation and product enhancement.
18. What is the proposed final dividend percentage for shareholders in 2023-24?
The proposed final dividend percentage is 25%.
19. Where will the 37th AGM of 20 Microns Limited be held?
The 37th AGM of 20 Microns will be held Via Video Conferencing/Other Audio Visual Means at Vadodara.
20. What time will the 37th AGM commence?
The time for the 37th AGM si 11:00 AM.
21. Who is eligible for re-appointment as a Director at the 20 Microns Limited?
Mrs. Sejal R. Parikh is eligible for re-appointment as a Director.
22. What kind of products does 20 Microns Limited offer in its Industrial Minerals segment?
Carbonates, kaolins, talcs, barytes, silica, mica, bentonites, attapulgites.
23. Which segment of products does 20 Microns Limited offer for paints and coatings?
Opacifiers, synthetic waxes, matting agents, thickeners.
24. What is 20 Microns Limited's strategy regarding import dependency?
Offering localized sustainable solutions.
25. How does 20 Microns Limited contribute to the construction sector?
With waterproofing and sealing solutions.
26. What is the geographical reach of 20 Microns Limited within India?
The geographical reach of 20 Microns Limited Nationwide.
27. What is 20 Microns Limited's approach to customer service?
Dedicated regional divisions for commercial distribution and technical assistance.
28. How does 20 Microns Limited describe its workforce?
20 Microns Limited have Active and motivated, numbering over 800.
29. What is the primary objective of 20 Microns Limited's global expansion?
The primary objective of Diversifying into new segments and tapping market opportunities.
30. What is the significance of 20 Microns Limited's presence in over 65 countries?
The significance of 20 Microns Limited' is Demonstrates a robust global footprint and market penetration.