MOIL Ltd

MOIL Ltd

₹ 408 2.03%
30 Sep 3:32 p.m.
About

MOIL Ltd is primarily engaged in mining of manganese ore and is the largest manganese ore producer in the country.[1] It is a miniratna state-owned company owned by Govt. of India.[2]

Key Points

Market Leadership
The company is the largest producer of manganese ore with a market share of 53% in India with large reserves of manganese ore. It is the only producer of Electrolytic Manganese Dioxide. [1] [2]

  • Market Cap 8,299 Cr.
  • Current Price 408
  • High / Low 588 / 207
  • Stock P/E 23.1
  • Book Value 121
  • Dividend Yield 1.50 %
  • ROCE 16.1 %
  • ROE 12.2 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Company has been maintaining a healthy dividend payout of 34.8%

Cons

  • The company has delivered a poor sales growth of 0.13% over past five years.
  • Company has a low return on equity of 12.7% over last 3 years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024
293 312 363 468 376 236 302 428 380 348 306 416 493
210 231 201 254 228 203 247 296 256 251 217 288 279
Operating Profit 84 81 163 214 148 33 55 133 124 96 89 128 214
OPM % 29% 26% 45% 46% 39% 14% 18% 31% 33% 28% 29% 31% 43%
21 22 28 15 15 24 21 20 26 20 23 24 27
Interest 0 0 0 1 0 0 0 0 0 0 0 0 0
Depreciation 24 25 26 28 26 27 30 31 33 35 37 39 36
Profit before tax 81 79 164 200 138 30 46 121 116 82 76 113 204
Tax % 24% 23% 24% 34% 25% 8% 14% 33% 25% 25% 29% 19% 25%
62 60 124 131 103 27 40 81 87 62 54 91 152
EPS in Rs 2.60 2.54 5.22 6.44 5.05 1.34 1.94 3.98 4.25 3.02 2.66 4.48 7.49
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
966 1,020 822 632 978 1,314 1,438 1,034 1,172 1,433 1,339 1,447 1,563
532 519 443 562 679 781 842 779 882 891 970 1,010 1,035
Operating Profit 435 501 379 71 298 533 596 256 290 541 369 438 528
OPM % 45% 49% 46% 11% 31% 41% 41% 25% 25% 38% 28% 30% 34%
235 303 317 252 221 178 191 181 49 86 80 94 95
Interest 0 0 0 0 3 0 0 0 0 1 0 0 0
Depreciation 33 35 45 52 55 62 67 96 99 103 114 144 147
Profit before tax 637 769 651 270 462 648 720 340 240 523 334 387 475
Tax % 32% 34% 34% 36% 34% 35% 34% 27% 26% 28% 25% 24%
432 510 428 173 306 422 474 248 177 377 251 293 359
EPS in Rs 12.85 15.17 12.74 5.15 11.48 16.38 18.40 10.46 7.44 18.53 12.31 14.42 17.65
Dividend Payout % 21% 25% 33% 49% 48% 34% 33% 57% 99% 32% 30% 42%
Compounded Sales Growth
10 Years: 4%
5 Years: 0%
3 Years: 7%
TTM: 16%
Compounded Profit Growth
10 Years: -6%
5 Years: -9%
3 Years: 11%
TTM: 55%
Stock Price CAGR
10 Years: 11%
5 Years: 23%
3 Years: 35%
1 Year: 80%
Return on Equity
10 Years: 11%
5 Years: 11%
3 Years: 13%
Last Year: 12%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 168 168 168 168 133 258 258 237 237 203 203 203
Reserves 2,598 2,959 3,214 3,285 2,672 2,542 2,825 2,526 2,583 1,938 2,041 2,250
0 0 0 0 0 0 0 0 0 0 0 0
369 345 266 275 287 441 526 538 570 438 448 436
Total Liabilities 3,135 3,472 3,648 3,728 3,092 3,241 3,609 3,301 3,390 2,580 2,692 2,889
234 232 294 311 326 348 430 587 663 676 852 926
CWIP 27 69 53 80 116 238 297 242 203 314 271 357
Investments 4 4 0 0 0 24 115 7 331 232 151 128
2,870 3,166 3,301 3,337 2,650 2,631 2,767 2,465 2,194 1,358 1,418 1,478
Total Assets 3,135 3,472 3,648 3,728 3,092 3,241 3,609 3,301 3,390 2,580 2,692 2,889

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
343 500 28 -24 118 529 424 58 291 360 212 253
-48 164 181 145 -588 -397 -254 687 -360 693 -102 -141
-107 -148 -171 -101 -81 -213 -173 -562 -131 -1,033 -122 -85
Net Cash Flow 188 516 37 20 -550 -82 -3 184 -200 20 -12 27

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 109 40 48 82 90 53 33 47 71 44 39 53
Inventory Days 359 596 405
Days Payable 185 203 107
Cash Conversion Cycle 283 40 48 82 482 53 33 47 369 44 39 53
Working Capital Days 71 24 63 95 84 6 -23 11 -21 -1 15 50
ROCE % 24% 26% 20% 8% 15% 23% 24% 11% 10% 20% 15% 16%

Shareholding Pattern

Numbers in percentages

Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
64.35% 64.35% 64.68% 64.68% 64.68% 64.68% 64.68% 64.68% 64.68% 64.68% 64.68% 64.68%
5.27% 4.92% 5.57% 5.76% 5.80% 5.93% 5.97% 6.16% 5.72% 4.71% 2.35% 3.48%
13.12% 12.59% 12.20% 12.00% 12.09% 12.07% 12.06% 12.33% 12.73% 11.29% 12.35% 10.00%
17.26% 18.14% 17.54% 17.56% 17.42% 17.32% 17.28% 16.84% 16.88% 19.29% 20.60% 21.83%
No. of Shareholders 2,64,4812,66,9962,56,0262,56,8982,54,4492,50,4782,48,0852,42,8172,27,3192,39,1112,52,6652,66,381

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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