20MICRONS

What 20 Microns promised, and what happened

Every commitment management made on a call, tracked from the quarter it was made — reaffirmed, revised, diluted or quietly dropped.

Guidance record · Q4 FY26

what the last two calls moved 12 tracked 4 delivered 2 missed 6 open
  • Annual Revenue Growth delivered, diluted said Q4 FY25 Promised: 15% to 18% growth year on year for FY26 Q4 FY26: FY26 revenue was ₹953 crores. Based on an approximate FY25 revenue of ₹835 crores, this represents ~14.1% YoY growth, exceeding the revised guidance of 13% but missing the original 15-18% target.
  • Malaysian subsidiary acquisition cost disclosure went quiet said Q4 FY25 Promised: Disclose cost of remaining shares when finalized Q4 FY26: The cost for acquiring the remaining minority shares in the Malaysian subsidiary was not disclosed or mentioned again.
  • Guidance on margin savings from Malaysian mine delayed said Q4 FY25 Promised: Provide guidance on margin impact after operations begin Q4 FY26: Guidance on margin impact is further delayed. Management now states plant construction will take a minimum of 12 months, with operations expected to 'show some light' in early FY28.

The rest of the ledger

Above is what the last two calls moved. Pro opens all 12 tracked commitments for 20 Microns — every quarter's revision, the source quote behind each one, and the topics management has stopped answering.

See what Pro opens