MOIL Ltd

MOIL Ltd

₹ 280 2.02%
23 Feb - 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

Product Offerings
The Co. produces and sells 4 different grades of manganese ore. [1] It also sells manufactured goods viz. electrolytic manganese di-oxide (EMD) and ferro manganese. [2]

  • Market Cap 5,702 Cr.
  • Current Price 280
  • High / Low 370 / 141
  • Stock P/E 20.1
  • Book Value 116
  • Dividend Yield 1.32 %
  • ROCE 14.7 %
  • ROE 11.0 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Company has been maintaining a healthy dividend payout of 53.9%
  • Debtor days have improved from 51.2 to 39.1 days.

Cons

  • The company has delivered a poor sales growth of 0.38% over past five years.
  • Company has a low return on equity of 10.9% 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

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
268 450 293 312 363 468 376 236 302 428 380 348 306
192 294 210 231 201 254 228 203 247 296 256 251 217
Operating Profit 76 156 84 81 163 214 148 33 55 133 124 96 89
OPM % 28% 35% 29% 26% 45% 46% 39% 14% 18% 31% 33% 28% 29%
19 31 21 22 28 15 15 24 21 20 26 20 23
Interest 0 0 0 0 0 1 0 0 0 0 0 0 0
Depreciation 25 28 24 25 26 28 26 27 30 31 33 35 37
Profit before tax 70 159 81 79 164 200 138 30 46 121 116 82 76
Tax % 27% 27% 24% 23% 24% 34% 25% 8% 14% 33% 25% 25% 29%
51 116 62 60 124 131 103 27 40 81 87 62 54
EPS in Rs 2.16 4.89 2.60 2.54 5.22 6.44 5.05 1.34 1.94 3.98 4.25 3.02 2.66
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Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
899 966 1,020 822 632 978 1,314 1,438 1,034 1,172 1,433 1,339 1,462
466 532 519 443 562 679 781 842 779 882 891 970 1,020
Operating Profit 433 435 501 379 71 298 533 596 256 290 541 369 442
OPM % 48% 45% 49% 46% 11% 31% 41% 41% 25% 25% 38% 28% 30%
203 235 303 317 252 221 178 191 181 49 86 80 90
Interest 0 0 0 0 0 3 0 0 0 0 1 0 0
Depreciation 30 33 35 45 52 55 62 67 96 99 103 114 136
Profit before tax 607 637 769 651 270 462 648 720 340 240 523 334 395
Tax % 32% 32% 34% 34% 36% 34% 35% 34% 27% 26% 28% 25%
411 432 510 428 173 306 422 474 248 177 377 251 283
EPS in Rs 12.23 12.85 15.17 12.74 5.15 11.48 16.38 18.40 10.46 7.44 18.53 12.31 13.91
Dividend Payout % 20% 21% 25% 33% 49% 48% 34% 33% 57% 99% 32% 30%
Compounded Sales Growth
10 Years: 3%
5 Years: 0%
3 Years: 9%
TTM: 6%
Compounded Profit Growth
10 Years: -6%
5 Years: -11%
3 Years: 0%
TTM: -4%
Stock Price CAGR
10 Years: 9%
5 Years: 14%
3 Years: 23%
1 Year: 83%
Return on Equity
10 Years: 12%
5 Years: 11%
3 Years: 11%
Last Year: 11%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 168 168 168 168 168 133 258 258 237 237 203 203 203
Reserves 2,273 2,598 2,959 3,214 3,285 2,672 2,542 2,825 2,526 2,583 1,938 2,041 2,162
0 0 0 0 0 0 0 0 0 0 0 0 0
302 369 345 266 275 287 441 526 538 570 438 448 412
Total Liabilities 2,743 3,135 3,472 3,648 3,728 3,092 3,241 3,609 3,301 3,390 2,580 2,692 2,777
207 234 232 294 311 326 348 430 587 663 676 852 871
CWIP 39 27 69 53 80 116 238 297 242 203 314 270 254
Investments 4 4 4 0 0 0 24 115 7 331 232 152 109
2,493 2,870 3,166 3,301 3,337 2,650 2,631 2,767 2,465 2,194 1,358 1,418 1,544
Total Assets 2,743 3,135 3,472 3,648 3,728 3,092 3,241 3,609 3,301 3,390 2,580 2,692 2,777

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
350 343 500 28 -24 118 529 424 58 291 360 212
-44 -48 164 181 145 -588 -397 -254 687 -360 693 -102
-98 -107 -148 -171 -101 -81 -213 -173 -562 -131 -1,033 -122
Net Cash Flow 209 188 516 37 20 -550 -82 -3 184 -200 20 -12

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 40 109 40 48 82 90 53 33 47 71 44 39
Inventory Days 359 596 405
Days Payable 185 203 107
Cash Conversion Cycle 40 283 40 48 82 482 53 33 47 369 44 39
Working Capital Days 66 71 24 63 95 84 6 -23 11 -21 -1 15
ROCE % 27% 24% 26% 20% 8% 15% 23% 24% 11% 10% 20% 15%

Shareholding Pattern

Numbers in percentages

2 Recently
Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
64.35% 64.35% 64.35% 64.35% 64.68% 64.68% 64.68% 64.68% 64.68% 64.68% 64.68% 64.68%
4.72% 5.34% 5.27% 4.92% 5.57% 5.76% 5.80% 5.93% 5.97% 6.16% 5.72% 4.71%
13.82% 13.54% 13.12% 12.59% 12.20% 12.00% 12.09% 12.07% 12.06% 12.33% 12.73% 11.29%
17.11% 16.77% 17.26% 18.14% 17.54% 17.56% 17.42% 17.32% 17.28% 16.84% 16.88% 19.29%
No. of Shareholders 2,57,0622,63,2892,64,4812,66,9962,56,0262,56,8982,54,4492,50,4782,48,0852,42,8172,27,3192,39,111

* 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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