MOIL Ltd

MOIL Ltd

₹ 295 2.50%
22 Nov - close price
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 6,006 Cr.
  • Current Price 295
  • High / Low 588 / 260
  • Stock P/E 57.8
  • Book Value 114
  • Dividend Yield 2.05 %
  • ROCE 11.4 %
  • ROE 8.31 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Company has been maintaining a healthy dividend payout of 41.2%

Cons

  • The company has delivered a poor sales growth of 4.71% over past five years.
  • Company has a low return on equity of 13.1% 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

Consolidated Figures in Rs. Crores / View Standalone

Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020
280 358 333 437 280 253 256 249 152 307 268
169 211 178 274 169 170 201 242 104 301 192
Operating Profit 111 146 155 163 111 83 55 6 48 7 76
OPM % 40% 41% 46% 37% 40% 33% 22% 3% 32% 2% 28%
49 45 47 51 49 53 45 34 -24 26 19
Interest 0 0 0 0 0 0 0 0 0 0 0
Depreciation 19 16 17 20 19 32 26 19 22 24 25
Profit before tax 140 176 185 194 140 104 74 22 2 9 70
Tax % 35% 40% 35% 28% 35% 15% 25% 38% 11% 15% 27%
91 105 120 140 91 89 55 13 2 7 51
EPS in Rs 3.52 4.08 4.67 5.42 3.52 3.44 2.15 0.57 0.08 0.31 2.16
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 TTM
822 632 978 1,314 1,438 1,034 976
443 562 678 786 838 779 839
Operating Profit 379 70 300 528 600 256 137
OPM % 46% 11% 31% 40% 42% 25% 14%
317 252 221 178 191 181 55
Interest 0 0 3 0 0 0 0
Depreciation 45 53 55 62 67 96 90
Profit before tax 650 270 463 643 724 340 102
Tax % 34% 36% 34% 35% 34% 27%
428 173 307 417 478 248 74
EPS in Rs 12.73 5.14 11.54 16.20 18.57 10.46 3.12
Dividend Payout % 33% 49% 48% 34% 32% 57%
Compounded Sales Growth
10 Years: %
5 Years: 5%
3 Years: 2%
TTM: -20%
Compounded Profit Growth
10 Years: %
5 Years: -11%
3 Years: -8%
TTM: -72%
Stock Price CAGR
10 Years: 6%
5 Years: 16%
3 Years: 20%
1 Year: 0%
Return on Equity
10 Years: %
5 Years: 11%
3 Years: 13%
Last Year: 8%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Sep 2020
Equity Capital 168 168 133 258 258 237 237
Reserves 3,212 3,284 2,672 2,537 2,825 2,526 2,468
0 0 0 0 0 0 0
273 281 285 442 522 534 560
Total Liabilities 3,653 3,733 3,090 3,236 3,605 3,298 3,266
299 316 326 348 430 587 585
CWIP 54 82 116 238 297 242 257
Investments 0 0 0 23 115 7 194
3,300 3,335 2,648 2,627 2,763 2,461 2,230
Total Assets 3,653 3,733 3,090 3,236 3,605 3,298 3,266

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
28 -24 118 529 424 58
181 145 -588 -397 -254 588
-171 -101 -81 -213 -173 -562
Net Cash Flow 37 20 -550 -82 -3 84

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
Debtor Days 48 82 90 53 33 47
Inventory Days 596
Days Payable 203
Cash Conversion Cycle 48 82 482 53 33 47
Working Capital Days 60 91 85 6 -22 1
ROCE % 8% 15% 23% 24% 11%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
64.35% 64.68% 64.68% 64.68% 64.68% 64.68% 64.68% 64.68% 64.68% 64.68% 64.68% 64.68%
4.92% 5.57% 5.76% 5.80% 5.93% 5.97% 6.16% 5.72% 4.71% 2.35% 3.48% 4.87%
12.59% 12.20% 12.00% 12.09% 12.07% 12.06% 12.33% 12.73% 11.29% 12.35% 10.00% 7.92%
18.14% 17.54% 17.56% 17.42% 17.32% 17.28% 16.84% 16.88% 19.29% 20.60% 21.83% 22.52%
No. of Shareholders 2,66,9962,56,0262,56,8982,54,4492,50,4782,48,0852,42,8172,27,3192,39,1112,52,6652,66,3812,88,421

* 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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