20 Microns Ltd.

Financial

	20 Microns	DMCC Speciality Chem	Chemcon Speciality
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 %	12.12 %	16.09 %
5yr average Equity Multiplier	1.93	1.69	1.24
5yr Average Asset Turnover Ratio	1.19	0.9	0.66
5yr Avg Net Profit Margin	6.08 %	8.98 %	18.32 %
Price to Book	1.89	3.68	1.67
P/E	13.21	30.01	32.82
5yr Avg Cash Conversion Cycle	59.2 Days	-27.94 Days	166.0 Days
Inventory Days	62.85 Days	49.8 Days	75.34 Days
Days Receivable	53.68 Days	53.48 Days	102.14 Days
Days Payable	88.03 Days	96.7 Days	57.21 Days
5yr Average Interest Coverage Ratio	4.11	8.35	48.93
5yr Avg ROCE	21.28 %	14.94 %	21.4 %
5yr Avg Operating Profit Margin	12.72 %	13.07 %	25.05 %
5 yr average Debt to Equity	0.4	0.36	0.13
5yr CAGR Net Profit	22.12 %	-18.1 %	-15.39 %
5yr Average Return on Assets	7.27 %	7.83 %	12.33 %
Shareholdings
Promoter Holding	45.04 %	53.84 %	74.47 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	0.21 %	0.0	0.0
Change in Mutual Fund Holding (3 Yrs)	0.0	-0.01 %	-0.27 %

Business

	20 Microns	DMCC Speciality Chem	Chemcon Speciality
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 Oilwell Completion Chemicals 0 CMIC 0 HMDS 0 Others 0.12	Product Wise Break-Up Specialty Chemicals 0 China Clay/ Kaolin 0 Oilwell Completion Chemicals 0 Speciality Chemical Intermediates 42.0 HMDS 0 Minerals 0 Bulk Chemicals 58.0 Calcium Carbonate 0 CMIC 0 Talc 0 Chemical Products 0	Product Wise Break-Up Specialty Chemicals 0 China Clay/ Kaolin 0 Oilwell Completion Chemicals 24.0 Speciality Chemicals 0 HMDS 48.8 Minerals 0 Bulk Chemicals 0 Calcium Carbonate 0 CMIC 27.2 Talc 0 Chemical Products 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 International 0 Domestic 0	Location Wise Break-Up International 0 India 82.0 Europe 0 Australia 0 Asia 0 South America 0 Domestic 0 North America 0 South Africa 0 Rest of the World 18.0	Location Wise Break-Up International 43.0 India 0 Europe 0 Australia 0 Asia 0 South America 0 Domestic 57.0 North America 0 South Africa 0 Rest of the World 0