Trending stocks

20 Microns revenue increased on 9.0% in 2015 and EBITDA Margin decreased slightly on 0.84 pp from 9.2% to 8.4%

27-05-2015 • About 20 Microns ($20MICRONS) • By InTwits

20 Microns reported FY2015 financial results today. Overall the company's long term financial model is characterised by the following facts: It operates with high leverage: Net Debt/EBITDA is 0.0x while industry average is -5.6x.

Below you can find a comprehensive analysis of the key data driving the company's performance and stock price.

20 Microns ($20MICRONS) key annual financial indicators

mln. INR201120122013201420152015/2014
P&L
Revenue2,5503,0183,1283,2843,5789.0%
EBITDA271382387302299-1.0%
Net Income6511048-23-25
Balance Sheet
Cash834764
Short Term Debt864951710
Long Term Debt294588727
Cash flow
Capex188460
Ratios
Revenue growth-40.1%18.4%3.6%5.0%9.0%
EBITDA growth31.0%41.0%1.2%-21.8%-1.0%
EBITDA Margin10.6%12.7%12.4%9.2%8.4%-0.8%
Net Income Margin2.5%3.7%1.5%-0.7%-0.7%0.0%
CAPEX, % of revenue7.4%15.2%0.0%
ROIC13.7%15.8%13.4%0.0%
ROE15.3%21.6%7.5%0.0%
Net Debt/EBITDA4.0x3.9x3.6x0.0x0.0x0.0x

Revenue and profitability


20 Microns's Revenue increased on 9.0% in FY2015. Revenue growth was financed by EBITDA margin decline. EBITDA Margin decreased slightly on 0.84 pp from 9.2% to 8.4% in FY2015.

Net Income marign showed almost no change in FY2015.


Appendix 1: Peers in Mining


Below we provide 20 Microns benchmarking against other companies in Mining industry for the last 5 years. We show data for the top-5 companies by key financial metric together with the median value for all the companies in the industry.

Top companies by Revenue growth, %

Top  FY2011 FY2012 FY2013 FY2014 FY2015
Ashapura Minechem ($ASHAPURMIN)2.7%18.3%40.3%61.8%
Moil ($MOIL)20.9%-21.1%7.5%5.6%
 
Median (2 companies)20.9%-9.2%12.9%23.0%61.8%
20 Microns ($20MICRONS)18.4%3.6%5.0%9.0%


Top companies by EBITDA margin, %

Top  FY2011 FY2012 FY2013 FY2014 FY2015
Moil ($MOIL)67.5%48.3%45.2%54.6%
Ashapura Minechem ($ASHAPURMIN)33.8%11.7%17.1%16.6%15.5%
 
Median (2 companies)50.6%30.0%31.1%35.6%15.5%
20 Microns ($20MICRONS)10.6%12.7%12.4%9.2%8.4%


Top companies by CAPEX/Revenue, %

Top  FY2011 FY2012 FY2013 FY2014 FY2015
Moil ($MOIL)4.3%4.6%4.9%7.5%
Ashapura Minechem ($ASHAPURMIN)3.1%6.4%5.3%3.7%6.3%
 
Median (2 companies)3.7%5.5%5.1%5.6%6.3%


Top companies by ROIC, %

Top  FY2011 FY2012 FY2013 FY2014 FY2015
Ashapura Minechem ($ASHAPURMIN)45.1%39.1%87.6%90.5%181.4%
Moil ($MOIL)38.6%17.7%15.6%17.8%
Southern Magnesium & Chemicals ($SOUTHMG)
Yantra Natural Resources ($YANTRA)
 
Median (4 companies)41.8%28.4%51.6%54.2%181.4%
20 Microns ($20MICRONS)13.7%15.8%13.4%


Top companies by Net Debt / EBITDA

Top  FY2011 FY2012 FY2013 FY2014 FY2015
Ashapura Minechem ($ASHAPURMIN)2.0x5.7x2.9x1.4x0.5x
Moil ($MOIL)-0.0x-0.0x-0.1x-5.0x
Yantra Natural Resources ($YANTRA)-0.1x-17.9x
 
Median (3 companies)-0.0x5.7x2.9x-5.0x0.5x
20 Microns ($20MICRONS)4.0x3.9x3.6x0.0x0.0x


Similar news

27-05-2015 Centum Electronics Net Income surged on 25.0% in 2015 and EBITDA Margin showed almost no change

27-05-2015 Maharaja Shree Umaid Mills CAPEX surged on 149% in 2015 and Revenue increased slightly on 1.3%

27-05-2015 Paramount Communications revenue increased on 7.3% in 2015 while EBITDA Margin decreased on 2.3 pp from -6.2% to -8.5%

27-05-2015 Super Spinning Mills revenue dropped on 15.7% in 2015

27-05-2015 Redington (India) revenue surged on 12.9% in 2015 and EBITDA Margin showed almost no change