20 Microns Ltd.

Financial

	20 Microns	DMCC Speciality Chem	Valiant Organics
Operational Metrics
Metals
Reserves - China Clay	81.79 Lakh Tons	n/a	n/a
Reserves - Dolomite Mine	36.83 Lakh Tons	n/a	n/a
Reserves - Calcite Mine	8.34 Lakh Tons	n/a	n/a
Reserves - Limestone Mines	10.3 Lakh Tons	n/a	n/a
Reserves - Bentonite Mines	32.37 Lakh Tons	n/a	n/a
Reserves - Diatomite Mines	1.0 Lakh Tons	n/a	n/a
Financials
5 yr Average ROE	13.82 %	9.66 %	16.97 %
5yr average Equity Multiplier	1.93	1.72	1.78
5yr Average Asset Turnover Ratio	1.19	0.96	0.85
5yr Avg Net Profit Margin	6.08 %	6.63 %	10.12 %
Price to Book	1.76	3.43	1.29
P/E	12.32	27.97	184.02
5yr Avg Cash Conversion Cycle	59.2 Days	0.01 Days	34.69 Days
Inventory Days	62.85 Days	46.81 Days	37.02 Days
Days Receivable	53.68 Days	50.02 Days	117.03 Days
Days Payable	88.03 Days	103.8 Days	88.76 Days
5yr Average Interest Coverage Ratio	4.11	6.39	29.39
5yr Avg ROCE	21.28 %	14.73 %	21.45 %
5yr Avg Operating Profit Margin	12.72 %	12.75 %	18.51 %
5 yr average Debt to Equity	0.4	0.39	0.42
5yr CAGR Net Profit	22.12 %	-7.95 %	n/a
5yr Average Return on Assets	7.27 %	6.02 %	9.51 %
Shareholdings
Promoter Holding	45.04 %	53.84 %	37.91 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	0.21 %	0.0	-0.55 %
Change in Mutual Fund Holding (3 Yrs)	0.0	-0.01 %	-1.28 %

Business

	20 Microns	DMCC Speciality Chem	Valiant Organics
Product Wise Break-Up	Product Wise Break-Up Minerals 99.88 Specialty Chemicals 0 Talc 0 China Clay/ Kaolin 0 Calcium Carbonate 0 Bulk Chemicals 0 Speciality Chemicals 0 Chemical Products 0 Para Nitro Aniline 0 Paracetamol 0 2,4 Herbicide 0 Phencyclidine 0 0ctacalcium Phosphate 0 OA 0 Others 0.12	Product Wise Break-Up Para Nitro Aniline 0 Chemical Products 0 Talc 0 Paracetamol 0 2,4 Herbicide 0 Bulk Chemicals 58.0 Specialty Chemicals 0 Speciality Chemical Intermediates 42.0 China Clay/ Kaolin 0 Calcium Carbonate 0 Phencyclidine 0 OA 0 Minerals 0 0ctacalcium Phosphate 0	Product Wise Break-Up Para Nitro Aniline 26.0 Chemical Products 0 Talc 0 Paracetamol 14.0 2,4 Herbicide 2.0 Bulk Chemicals 0 Specialty Chemicals 0 Speciality Chemicals 0 China Clay/ Kaolin 0 Calcium Carbonate 0 Phencyclidine 20.0 OA 13.0 Minerals 0 0ctacalcium Phosphate 7.0 Others 18.0
Location Wise Break-Up	Location Wise Break-Up India 88.0 Rest of the World 12.0 Australia 0 Asia 0 Europe 0 South Africa 0 South America 0 North America 0 China 0 Japan 0	Location Wise Break-Up Asia 0 Australia 0 North America 0 China 0 Japan 0 South America 0 Rest of the World 18.0 South Africa 0 Europe 0 India 82.0	Location Wise Break-Up Asia 0 Australia 0 North America 0 China 0 Japan 0 South America 0 Rest of the World 0 South Africa 0 Europe 0 India 94.92 Others 5.08