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MOIL Limited

MOIL Limited

MOIL.NS
MOIL LimitedIN flagNational Stock Exchange of India
269.00
INR
-6.80
- -
54.74BMarket Cap
MOIL Limited
MOIL.NS
(National Stock Exchange of India)

Recent

price

269.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
33.9
26.75
28.76
30.36
24.46
18.64
65.42
65.88
55.92
40.97
49.61
61.53
65.59
70.89
77.91
- -
73.71
Revenue per Share
17.5
12.23
12.85
15.17
12.73
5.14
20.32
20.85
18.57
9.8
7.44
16.15
12.31
14.42
18.76
- -
13.14
Basic EPS, GAAP
15.82
10.43
10.22
14.89
0.82
-0.71
7.79
26.4
16.45
-5.6
6.49
6.19
-1.62
-2.57
5.52
- -
- -
Free Cash Flow per Basic Share
4.08
2.91
3.2
4.4
5.1
3.01
5.3
9.61
6.63
7.06
5.5
7.6
6
4.19
6.57
- -
- -
Dividend per Share
5.04
5.43
5.36
5.15
5.25
5.15
15.46
16.98
13.9
12.66
15.89
11.6
13.2
13.63
12.89
- -
10
Book Value per Share
62.94
72.66
82.32
93.07
100.36
102.31
184.53
138.96
119.49
108.88
118.47
90.92
107.87
115.94
124.86
- -
127.38
Tangible Book Value per Share
336
336
336
336
336
336
151
200
258
253
237
233
203
203
203
- -
204
Basic Weighted Avg Shares
11,390
8,988
9,664
10,202
8,216
6,266
9,898
13,189
14,407
10,381
11,774
14,363
13,346
14,425
15,849
14,728
15,005
Sales/Revenue/Turnover
64.61
44.94
41.57
50.19
43.85
4.27
27.2
36.45
37.34
16.05
17.36
30.72
19.76
20.5
23.69
16.62
16.31
Operating Margin (%)
325
299
330
352
453
527
547
624
668
962
992
1,031
1,143
1,442
1,521
1,698
- -
Depreciation Expense
5,881
4,108
4,317
5,096
4,278
1,728
3,074
4,174
4,785
2,482
1,766
3,770
2,506
2,933
3,816
2,675
2,675
Net Income, GAAP
33.19
32.29
32.2
33.77
34.22
36.02
33.67
35.12
33.94
27.1
26.44
27.96
25.07
24.2
21.6
20.83
20.83
Effective Tax Rate (%)
51.63
45.7
44.68
49.95
52.07
27.57
31.06
31.65
33.21
23.91
15
26.25
18.78
20.34
24.08
18.16
17.83
Profit Margin (%)
19,422
22,501
24,659
28,596
29,664
30,095
23,178
21,822
22,913
18,442
18,543
10,617
10,114
11,081
11,297
9,374
9,374
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
21,283
24,413
27,656
31,273
33,803
34,518
28,053
27,946
30,827
27,634
28,199
21,415
22,443
24,531
26,379
27,092
27,092
Total Equity
25.84
11.95
10.43
11.47
7.26
0.5
5.69
11.11
12.1
4.16
5.37
12.78
9.01
9.54
11.56
7.25
7.25
Return on Invested Capital (%)
63.68
233.37
238.04
288.36
244.77
98.91
152
145.49
137.11
73.14
50.61
116.5
92.9
107.44
141.44
114.87
114.87
Return on Capital (%)
63.68
233.37
238.04
288.36
244.77
98.91
151.1
145.49
137.11
73.14
50.61
116.34
92.9
107.44
141.44
114.87
114.87
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
203
- -
203
Market Capitalization
75,375
75,029
57,659

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
16,201
- -
13,996
Cash, Cash Equivalents & STI
10,214
- -
7,563
Accounts Receivable, Net
1,488
- -
1,404
Inventories
3,398
- -
3,633
Total Current Liabilities
4,551
- -
4,622
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-1.68%
0.05%
2.7%
Free Cash Flow
-123.96%
-126.92%
-250.02%
Net Income, GAAP
14.85%
19.43%
-29.91%
Sales/Revenue/Turnover
11.17%
5.16%
-7.07%
Total Cash Common Dividend
12.26%
7.4%
5.63%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3,797
3,475
3,063
4,090
14,425
2025
4,928
2,919
3,668
4,334
15,849
2026
3,481
3,480
3,599
4,445
14,728

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4.25
3.02
2.66
- -
14.42
2025
7.49
2.46
3.13
5.68
18.76
2026
2.53
3.46
2.6
4.55
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
4.19
2025
- -
- -
- -
- -
6.57
2026
- -
- -
- -
- -
- -
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Business
MOIL Limited, a Miniratna Category-I public sector undertaking under the Ministry of Steel, engages in the mining and production of manganese ore, contributing around 50% of India's total manganese ore output. Incorporated on June 22, 1962, as Manganese Ore (India) Limited and renamed MOIL Limited in fiscal 2010-11, the company is headquartered at MOIL Bhawan, 1-A Katol Road, Nagpur, Maharashtra, and operates underground and opencast mines primarily in the Nagpur and Bhandara districts of Maharashtra and Balaghat district of Madhya Pradesh. It produces and sells various grades of manganese ore, including high-grade ores for ferro manganese production; medium-grade ore for silico manganese; blast furnace-grade ore for hot metal production; and manganese dioxide ore for dry battery cells, chemical industries, cattle feed, and fertilizers; alongside value-added products such as electrolytic manganese dioxide (EMD) from a 1,500 MT per annum plant for dry battery cells and ferro manganese from a 12,000 MT per annum plant; it also generates renewable power through 4.8 MW wind farm at Nagda Hills and 15.2 MW at Ratedi Hills in Madhya Pradesh. MOIL caters to domestic steel, alloy, battery, and chemical sectors, fulfilling about 48% of India's dioxide ore needs with annual production around 1.8 million tonnes, and has expanded into international markets. Recent developments include commencing exports of manganese ore as a State Trading Enterprise in September 2025; achieving record production milestones such as best-ever September output with 10.3% growth in Q2 FY26, highest-ever July and August production in FY26, and record quarterly production in April-June 2025; delivering best financial year performance in FY25 with 30% profit jump and 27% Q4 growth; signing an MoU with State Bank of India for corporate salary package in May 2025; and pursuing international expansion through planned MoUs for manganese ore exploration and acquisition in Gabon.