20 Microns Ltd share price today (on 4 October 2023).

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According to the Consolidated - Audited financial statement for the Year of 2012, total net operating revenues increased with 18.64%, from INR 256.59 tens of millions to INR 304.42 tens of millions. Operating result increased from INR 27.7 tens of millions to INR 37.85 tens of millions which means 36.64% change. The results of the period increased 45.72% reaching INR 11.06 tens of millions at the end of the period against INR 7.59 tens of millions last year. Return on equity (Net income/Total equity) went from 17.05% to 21.01%, the Return On Asset (Net income / Total Asset) went from 4.31% to 4.12% and the Net Profit Margin (Net Income/Net Sales) went from 2.96% to 3.63% when compared to the same period of last year. The Debt to Equity Ratio (Total Liabilities/Equity) was 509.71% compared to 395.17% of last year. Finally, the Current Ratio (Current Assets/Current Liabilities) went from 3.07 to 2.42 when compared to the previous year.

The Company was incorporated and registered under the Companies Act, 1956 as a Private Limited Company vide Certificate of Incorporation No. 9768 of 1987 on 29th June, 1987 at Ahmedabad & subsequently, it became a Public Limited Company on 17th January, 1994.

The Company is promoted by Mr. Bhanubhai B. Patel, Mr. Anant K. Kamdar & Mr. Chandresh S. Parikh, was a Pioneer in the Mineral Industry and has established itself as one of the top five Mineral manufacturers in India.


Since the concept of micronization was totally new and revolutionizing in the Indian market and the introductory product from the Company was of a 20 Micron particle size, the name sounded quite unique and substantially relevant to the Industry. This is how the Company was named and is now a major brand recognized in the industries we serve.
Mr. Chandresh S. Parikh, with his innovative insight, business acumen and farsightedness and with the active support of Mr. Bhanubhai B. Patel and Mr. B. B. Parikh, ventured to start this Mineral Processing Company. He was supported by Mr. Bhanubhai B. Patel who has wide experience in Paints industry, Mr. Anant K. Kamdar and Mr. B. B. Parikh who was a marketing Director (Mr. B.B. Parikh disassociated himself from the Company during the year 2003).

The Company commenced its Commercial Operations on 04.10.1988 by setting an industrial unit at WAGHODIA, Gujarat with an annual Capacity of 2,400 MT

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