20 Microns Limited — Investor Meet, 29-05-2025: Analysts/Institutional Investor Meet/Con. Call Updates

20 Microns reported 6% QoQ and 17.4% YoY revenue growth for FY25, with stable EBITDA margins near 12.7%-12.8% despite cost pressures. PAT margin improved to 6.7% in Q4. Nearly half of revenue comes from paints, 25% from polymers, with 13% exports. Management emphasized growth via new clients, product expansion, and a Malaysian acquisition boosting raw material sourcing. Borrowings increased from ₹121 Cr to ₹165 Cr for working capital tied to higher inventory. FY26 growth guidance is 15-18%, though margin impact from mining remains uncertain. Strong R&D, product mix, and manufacturing footprint underpin competitive advantage.