20 Microns LimitedQ2 revenue +3.2%, EBITDA margin 11.6%, ₹100 Cr capex

20 Microns' Q2 FY27 call, held on 30 October 2026, reported consolidated revenue of ₹238.16 crore, up 3.2% from ₹230.78 crore, a return to year-on-year growth, though below ₹244.72 crore in Q1. Gross margin was 47.7%, but EBITDA fell to ₹27.73 crore, an 11.6% margin, as furnace oil, gas and freight added about ₹4.78 crore of cost, roughly 200 bps. Management said the margin would have been 13.8% without that cost. Profit after tax was ₹13.64 crore.

About 30% of a ₹100 crore capacity programme is deployed, including ₹12 crore on captive solar and ₹7 crore on two mines. A 9 MW solar plant is due in Q4 and should meet about 40% of power needs and add about ₹8 crore of EBITDA a year, while talc and quartz-feldspar mines start from December. Management gave no revenue or margin figure for H2, saying only that it will be better than H1 and that the 18% revenue CAGR should return over two to three years. Q3 is expected to run like Q2 until the festival season ends.