MOIL Limited
₹213.75-₹4.80 (-2.2%)
Last close · Data as of Oct 30, 2026
- Market cap
- ₹6,920 Cr
- P/E
- 23.0x
- EV / EBITDA
- 12.5x
- Revenue
- ₹1,582 Cr
- Net margin
- 20.2%
- ROCE
- 17.9%
Price chart
Technical chartScreen technicals →-42.3% over the last year
Daily closes.
Go deeper
Technical chart: candles, 9 moving averages, RSI, MACD and drawing tools
Performance
Price change over each period, before dividends.
- 1M
- -10.5%
- 3M
- -25.9%
- 6M
- -31.2%
- 1Y
- -42.3%
- 5Y
- +26.1%
52-week range
Day change -₹4.80 (-2.2%) from ₹219 to ₹214 · Last close Oct 30, 2026
Best weekday to invest, historically
The same weekly amount in MOIL, bought on each weekday since 2021.
AI Summary
Indian StockStrengths1
- Maintains healthy dividend payout of 42.0%
Concerns0
Rule-based from financial data. Not advice.
About the company
MOIL Limited engages in the exploration, development, and marketing of various grades of manganese ores in India and Internationally. It operates through three segments: Mining, Manufacturing, and Power Generation.
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MOIL Limited engages in the exploration, development, and marketing of various grades of manganese ores in India and Internationally. It operates through three segments: Mining, Manufacturing, and Power Generation. The company manufactures and sells various grades of manganese ores, such as high-grade ores for the production of ferro manganese; medium grade ores for the production of silico manganese; blast furnace grade ores for producing hot metals; and dioxide for dry battery cells and chemical industries. It also offers electrolytic manganese dioxide and high carbon ferro manganese. In addition, the company operates wind energy farms with an installed capacity of 4.8 MW at Nagda Hills and 15.2 MW at Ratedi Hills in Dewas district of Madhya Pradesh; and solar power plant with an installed capacity of 5MW in Maharashtra and 5.5MW in Madhya Pradesh, as well as 10 mines located in Maharashtra and Madhya Pradesh. The company was formerly known as Manganese Ore (India) Limited. and changed its name to MOIL Limited in 2010. MOIL Limited was founded in 1896 and is based in Nagpur, India.
- Sector
- Energy
- Shares outstanding
- 20.4 Cr shares
- ISIN
- INE490G01020
- BSE code
- 533286
Key statistics
Screen fundamentals →Valuation, profitability, growth and solvency at the latest close; hover a label for its meaning.
Valuation
- Market cap
- ₹6,920 Cr
- P/E
- 23.0x
- P/B
- 2.6x
- EV / EBITDA
- 12.5x
- EV / Sales
- 4.6x
- P/S
- 4.8x
- Earnings yield
- 4.3%
- 52-week high
- ₹380.65
- 52-week low
- ₹213.75
Profitability
- Operating margin
- 30.3%
- Net margin
- 20.2%
- EBITDA margin
- 36.8%
- ROE
- 11.9%
- ROCE
- 17.9%
- ROA
- 10.1%
- Dividend payout
- 42.0%
- Tax rate
- 24.0%
- Other income, % of PBT
- 24.3%
Growth
- RevenueLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹1,582 Cr
- Revenue growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 9.3%
- Revenue CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 7.0%
- EBITDALatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹532 Cr
- EBITDA growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 18.5%
- Net profit growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 30.4%
- Net profit CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 3.4%
- Cash from operationsLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹253 Cr
- CFO growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 19.3%
- Free cash flowLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -₹37.0 Cr
- Asset growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 7.3%
Solvency and efficiency
- Current ratio
- 3.68
- Debt / Equity
- 0.00
- Debt / Assets
- 0.00
- Financial leverage
- 1.18
- CFO / Net profit
- 0.86
- Cash / Market cap
- 21.4%
- Cash per share
- ₹72.62
- Asset turnover
- 0.50
- Fixed asset turnover
- 1.56
- Capital intensity
- 0.64
- Debtor days
- 53 days
- Cash conversion cycle
- 53 days
Where the revenue went
Of every ₹100 of FY2025 revenue, ₹24 was left as net profit.
| From | To | Amount |
|---|---|---|
| Sales | Expenses | ₹1,054 Cr |
| Sales | Operating profit | ₹528 Cr |
| Operating profit | Depreciation | ₹152 Cr |
| Operating profit | Profit before tax | ₹376 Cr |
| Other income | Profit before tax | ₹111 Cr |
| Profit before tax | Tax and other | ₹105 Cr |
| Profit before tax | Net profit | ₹382 Cr |
Revenue and net profit
Revenue grew 9.3% in FY2025; net profit is the dashed line.
| Date | Revenue | Net profit |
|---|---|---|
| FY2021 | ₹1,172 Cr | ₹177 Cr |
| FY2022 | ₹1,433 Cr | ₹377 Cr |
| FY2023 | ₹1,339 Cr | ₹251 Cr |
| FY2024 | ₹1,447 Cr | ₹293 Cr |
| FY2025 | ₹1,582 Cr | ₹382 Cr |
Cash flows
FY2025: ₹434 Cr from operations, ₹96.0 Cr free after investment (dashed).
| Date | Operating cash flow | Free cash flow |
|---|---|---|
| FY2021 | ₹291 Cr | -₹69 Cr |
| FY2022 | ₹360 Cr | ₹1,053 Cr |
| FY2023 | ₹212 Cr | ₹110 Cr |
| FY2024 | ₹253 Cr | ₹112 Cr |
| FY2025 | ₹434 Cr | ₹96 Cr |
Growth
Latest fiscal year FY2025 (ending March): each figure with its change over the year before.
- Revenue
- ₹1,582 Cr+9.3%1Y
- Net profit
- ₹382 Cr+30.4%1Y
- Cash from operations
- ₹434 Cr
- Free cash flow
- ₹96 Cr-14.3%1Y
- Revenue CAGR, 5Y
- 7.0%
- EBITDA CAGR, 5Y
- 4.0%
- Net profit CAGR, 5Y
- 3.4%
| Year | Revenue | Operating income | EBITDA | Net profit | CFO | FCF | ROE | Revenue growth 1Y | Net profit growth 1Y |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | ₹1,582 Cr | ₹528 Cr | — | ₹382 Cr | ₹434 Cr | ₹96 Cr | 14.5% | +9.3% | +30.4% |
Monthly returns
Month-by-month returns of MOIL across the years, with the seasonal pattern.
Balance sheet
What the company owns and owes at the end of FY2025.
| Line | FY2025 |
|---|---|
| Liabilities and equity | ₹3,211 Cr |
| Equity capital | ₹203 Cr |
| Reserves | ₹2,434 Cr |
| Borrowings | ₹0 Cr |
| Other liabilities | ₹574 Cr |
| Assets | ₹3,211 Cr |
| Fixed assets | ₹920 Cr |
| Capital work in progress | ₹507 Cr |
| Investments | ₹78 Cr |
| Other assets | ₹1,707 Cr |
Market cap against peers
8 peers: same sector group, nearest by size.
P/E against peers
MOIL trades at 23.0x earnings against a peer median of 24.8x.
Peer comparison
Same-sector peers by market cap, with the median.
| Company | Market cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|
| MOIL LimitedMOILthis company | ₹6,920 Cr | 23.0x | 2.6x | 11.9% | 12.5x |
| KPI Green Energy LimitedKPIGREEN | ₹8,822 Cr | 26.7x | 4.1x | 13.9% | 38.0x |
| Vikram Solar LimitedVIKRAMSOLR | ₹8,316 Cr | 32.4x | 2.8x | 14.5% | 22.1x |
| Power Mech Projects LimitedPOWERMECH | ₹7,309 Cr | 25.0x | 3.3x | 13.3% | 14.0x |
| INOX GREEN ENERGY SERVICES LIMITEDINOXGREEN | ₹7,018 Cr | 153.0x | 3.3x | 0.9% | 74.3x |
| BOROSIL RENEWABLES LIMITEDBORORENEW | ₹6,911 Cr | 55.1x | 7.3x | -2.0% | 60.3x |
| Gulf Oil Lubricants India LimitedGULFOILLUB | ₹5,590 Cr | 15.0x | 3.4x | 23.8% | 11.5x |
| RattanIndia Power LimitedRTNPOWER | ₹4,785 Cr | 60.1x | 1.0x | -22.4% | -31.6x |
| STERLING AND WILSON RENEWABLE ENERGY LIMITEDSWSOLAR | ₹4,730 Cr | 15.6x | 10.1x | 3.2% | 12.6x |
| Peer median | — | 24.8x | 3.1x | 12.8% | 15.7x |
Year-to-date ROI
MOIL since 1 January, against earlier years.
Historical volatility
MOIL's day-to-day swings over 30, 60 and 180 days.
Financial statements
Income statement, balance sheet and cash flow as reported, in ₹ crore, grouped into plain-language lines.
Figures in ₹ crore as reported, fiscal years ending March, newest first; the trailing twelve months (TTM) last.
Operating margin by fiscal year
| Date | Operating margin |
|---|---|
| FY2021 | 25.0% |
| FY2022 | 38.0% |
| FY2023 | 28.0% |
| FY2024 | 30.0% |
| FY2025 | 33.0% |
| Line | FY2025 |
|---|---|
| RevenueSales | ₹1,582 Cr |
| Costs | |
| Interest | ₹0 Cr |
| Expenses | ₹1,055 Cr |
| Operating profitOperating Profit | ₹528 Cr |
| Other income and charges | |
| Profit before tax | ₹487 Cr |
| Tax | |
| Net profitNet Profit | ₹382 Cr |
| Per share |
| Line | FY2025 |
|---|---|
| Liabilities and equityTotal Liabilities | ₹3,211 Cr |
| Equity capitalEquity Capital | ₹203 Cr |
| Reserves | ₹2,434 Cr |
| Borrowings | ₹0 Cr |
| Other liabilitiesOther Liabilities | ₹574 Cr |
| AssetsTotal Assets | ₹3,211 Cr |
| Fixed assetsFixed Assets | ₹920 Cr |
| Capital work in progressCWIP | ₹507 Cr |
| Investments | ₹78 Cr |
| Other assetsOther Assets | ₹1,707 Cr |
| Line | FY2025 |
|---|---|
| Operating cash flowCash from Operating Activity | ₹434 Cr |
| Investing cash flowCash from Investing Activity | -₹338 Cr |
| Financing cash flowCash from Financing Activity | -₹134 Cr |
| Change in cashNet Cash Flow | -₹37 Cr |
Learn while you research
Academy chapters picked for MOIL Limited and the metrics on this page.
- 01 Taxes on Investments (India)LTCG, STCG, dividend tax, what every Indian investor needs.6 min read
- 02 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read
- 03 Stock Market RisksSmall caps carry concentrated, idiosyncratic risk, learn to manage it.6 min read
- 04 Business Cycles & StocksThese cyclical sectors win and lose in different macro phases.6 min read
- 05 Essential Stock RatiosP/E, P/B, EV/EBITDA, what they mean and when to use each.7 min read
- 06 How to Read a Cash-Flow StatementProfit can be manipulated; cash flow rarely lies.7 min read