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NSE:MOIL

MOIL LIMITED

Metals & Mining › Minerals & Mining·NIFTY MICROCAP 250NIFTY SMALLCAP 500NIFTY TOTAL MARKET
₹219.90
at close · 28 Oct 2026
▲ 1.80 (+0.83%)
ThemesBatteries & Energy Storage· growing

Latest filings

Next results: Mon, 2 Nov · Financial Results/Dividend
  1. MOIL board to meet on Nov 2 to consider Q2 results and interim dividend · Results
  2. MOIL updates on manganese ore JV with MP State Mining Corp · Strategic Transactions
  3. MOIL gets Crisil ESG rating of 56, classified Adequate · Business Updates
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

India's largest manganese ore producer, mining and selling manganese ore used primarily in steel-making. Three reporting segments: Mining products (92.6% of segment revenue in FY26), manufactured products (6.1%) and power (1.4%). The mining business drove EBIT of ₹217.575 cr, manufactured products ₹16.948 cr and power ₹10.2727 cr in FY26. The manufactured products stream includes Electrolytic Manganese Dioxide (EMD) and EMD flakes used in dry-cell batteries, while the power segment generates electricity largely for captive use at the mines. FY25 production was 1.8 MT and sales were 1.6 MT; the FY27 production target is retained at 25 lakh tons. Five shaft sinking projects worth ~₹664 cr are under execution at Dongri Buzurg, Kandri and Chikla, and the company is shifting from manual cut-and-fill mining to mechanised long-hole open stoping to lift productivity. Costs are dominated by employees (37.7% of revenue) and other opex (37.1%); depreciation is 11.5% and materials only 1.3%.

Revenue mix · reported segments
Mining products92.6%
Manufactured products6.1%
Power1.4%
Operating scale
FY26 production target
19-20 lakh tons (cut from 23.5 lakh tons due to shaft delays)FY26
EMD basic price
₹1,80,000 per MTFY27
Cost of production (factory gate)
~₹5,500/ton in FY25, expected ~₹5,300/ton in FY26 (opencast ~₹4,200/ton)FY25
2030 production ambition
3.5 MT (targeted 32% domestic market share)2030
FY26 capex
₹600 cr (₹325 cr domestic + ₹275 cr overseas); FY27 target ~₹800 crFY26
Domestic manganese ore share
~50% of India productionFY25
Who pays it
Steel and ferro-alloy makers (for manganese ore) and dry-cell battery makers (for EMD and EMD flakes)
Biggest cost
Employee costs at 37.7% of revenue, followed by other opex at 37.1%
Kind of business
Cyclical, asset-heavy manganese mining with exposure to global steel demand and LME-linked ore prices
Where it sits
India's largest manganese ore producer, contributing around 50% of domestic output; a Government of India CPSE under the Ministry of Steel
Market Cap
₹4,475 Cr
P / E (TTM)
70.5×
EV / EBITDA
20.4×
Div Yield
—
Growth
—·
Revenue 5y CAGR
PAT — · EBITDA —
Quality
12.2%▲
ROCE (FY20)
ROE 9.0% · margin 42.1%
Leverage
0.00·
Debt / Equity · low
Net cash ₹543 Cr
Moves on a normal day
1.26%·
Median daily move
Last 267 sessions · the yardstick for filing-day moves
Where it sits among 13 Industrial Minerals peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#9/9
P/B#6/13
ROCE#10/14
ROE#9/13
Debt / Equity#1/13
EBITDA margin#4/13
Revenue growth#8/13
Profit growth#12/14

Scorecard

Measured from the filed financials, judged against its Industrial Minerals peers · as of FY20 — not investment advice

Strengths
No borrowings on the balance sheet
lower than 100% of its 13 Industrial Minerals peers
Concerns
Nothing flagged in the filed numbers.

Charts

How has the market priced it — with filings on the timeline?

MOIL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from MOIL LIMITED's filed financials and exchange disclosures

What does MOIL LIMITED do?

MOIL LIMITED is a Minerals & Mining company listed on NSE and BSE, trading under the symbol MOIL.

Is MOIL LIMITED profitable?

Yes. Over the trailing twelve months MOIL LIMITED reported a net profit of ₹74 Cr on revenue of ₹976 Cr.

Is MOIL LIMITED debt-free?

Yes. It reported no borrowings on its 30 Sept 2020 balance sheet, and ₹543 Cr of cash.

Is MOIL LIMITED expensive compared with its peers?

On trailing P/E, MOIL LIMITED ranks 9 of 9 in Industrial Minerals — cheaper than 0% of them, against an industry median of 14.5×. This is a position, not a valuation judgement.

How much does the MOIL LIMITED share price move in a day?

On a typical session MOIL LIMITED moves 1.26% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

When are MOIL LIMITED's next results?

Financial Results/Dividend on Mon, 2 Nov. MarketPing alerts you on WhatsApp the moment the filing lands.

Where can I track MOIL LIMITED's announcements?

Every NSE and BSE filing by MOIL LIMITED appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.