Is MOIL a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that MOIL Ltd is a average quality company .

Is MOIL undervalued or overvalued?

The key valuation ratios of MOIL Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone .

What is MOIL share price return in the past 10 years?

MOIL Ltd share price has appreciated 6.7% annually (CAGR) over the past ten years.

Is MOIL a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of MOIL Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

MOIL Ltd - Stock Valuation and Financial Performance

Name: MOIL
Brand: MOIL

BSE: 533286 | NSE: MOIL | Mining & Minerals | Small Cap

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MOIL Share Price

₹295.25 7.10 2.46%
as on 22-Nov'24 16:59

10 Year X-Ray of MOIL:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	20%	7.9%	14.9%	23.1%	24.5%	11.7%	8.6%	21.1%	15.3%	16.5%	-
Value Creation Index ⓘ	0.4	-0.4	0.1	0.7	0.8	-0.2	-0.4	0.5	0.1	0.2	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	823	629	982	1,319	1,441	1,038	1,177	1,436	1,342	1,449	1,507
Sales YoY Gr.	-	-23.6%	56.2%	34.3%	9.2%	-28%	13.4%	22%	-6.6%	8%	-
Adj EPS ⓘ	12.7	5.2	10.9	16.4	18.5	10.5	9	18.3	12.2	14.4	17.1
YoY Gr.	-	-59.3%	111.4%	50.1%	13.1%	-43.6%	-13.6%	102.6%	-33.2%	18%	-
BVPS (₹) ⓘ	100.7	102.8	105.3	108.7	119.7	116.4	118.8	105.2	110.3	120.6	127.9
Adj Net Profit ⓘ	426	174	291	422	478	248	214	372	249	293	348
Cash Flow from Ops. ⓘ	27.6	-23.9	118	529	424	58	291	360	212	253	-
Debt/CF from Ops. ⓘ	0	0	0	0	0	0	0	0	0	0	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	6.5%	0.1%	7.2%	8%
Adj EPS ⓘ	1.4%	-4.9%	16.9%	18%
BVPSⓘ	2%	0.2%	0.5%	9.3%
Share Price	6.7%	15.5%	20.1%	0.1%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	13.1	5.1	9.3	15.1	16.2	8.5	7.7	15	11.3	12.5	13.8
Op. Profit Mgn % ⓘ	46	11.4	30.6	40.4	41.7	24.6	24.7	37.7	27.5	30.2	33.9
Net Profit Mgn % ⓘ	51.8	27.6	29.7	32	33.2	23.9	18.2	25.9	18.5	20.2	23.1
Debt to Equity ⓘ	0	0	0	0	0	0	0	0	0	0	0
Working Cap Days ⓘ	182	275	193	145	124	199	190	137	146	156	207
Cash Conv. Cycle ⓘ	87	151	105	69	46	80	87	66	69	82	155

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 13.70%

Net Profit is growing at healthy rate in last 3 years 16.89%

Sales growth has been subdued in last 3 years 7.17%

Sales growth is not so good in last 4 quarters at 3.09%

Latest Financials - MOIL Ltd.

	Standalone	Consolidated
TTM EPS (₹)	17.1	3.6
TTM Sales (₹ Cr.)	1,507	976
BVPS (₹.) ⓘ	127.9	0
Reserves (₹ Cr.) ⓘ	2,400	2,519
P/BV ⓘ	2.25	0.00
PE ⓘ	16.87	79.16

From the Market
52 Week Low / High (₹)	259.50 / 588.35
All Time Low / High (₹)	86.80 / 588.35
Market Cap (₹ Cr.)	5,863
Equity (₹ Cr.)	203.5
Face Value (₹)	10
Industry PE ⓘ	14.1

Management X-Ray of MOIL:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of MOIL

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Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of MOIL

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	823	629	982	1,319	1,441	1,038	1,177	1,436	1,342	1,449
Operating Expenses ⓘ	444	558	684	786	845	783	891	895	973	1,012
Manufacturing Costs	223	217	268	297	345	319	316	363	387	413
Material Costs	-82	-5	60	33	17	-52	81	30	-43	-21
Employee Cost	263	301	308	406	428	463	444	443	570	555
Other Costs ⓘ	41	45	48	50	55	53	50	58	59	64
Operating Profit ⓘ	379	71	298	533	596	256	287	541	369	438
Operating Profit Margin (%)	46.0%	11.2%	30.4%	40.4%	41.4%	24.6%	24.4%	37.7%	27.5%	30.2%
Other Income ⓘ	317	252	221	178	191	181	102	79	77	94
Interest ⓘ	0	0	3	0	0	0	0	1	0	0
Depreciation ⓘ	45	52	55	62	67	96	99	103	114	144
Exceptional Items ⓘ	0	0	0	0	0	0	-50	6	3	0
Profit Before Tax ⓘ	651	270	462	648	720	340	240	523	334	387
Tax ⓘ	223	97	156	226	246	92	63	146	84	94
Profit After Tax	428	173	306	422	474	248	177	377	251	293
PAT Margin (%)	52.0%	27.5%	31.1%	32.0%	32.9%	23.9%	15.0%	26.2%	18.7%	20.2%
Adjusted EPS (₹)	12.7	5.2	11.5	16.4	18.4	10.5	7.4	18.5	12.3	14.4
Dividend Payout Ratio (%)	33%	49%	48%	34%	33%	57%	99%	32%	30%	42%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	3,382	3,453	2,805	2,799	3,083	2,763	2,820	2,142	2,244	2,453
Share Capital ⓘ	168	168	133	258	258	237	237	203	203	203
Reserves ⓘ	3,214	3,285	2,672	2,542	2,825	2,526	2,583	1,938	2,041	2,250
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	0	0	0	0	0	0	0	0	0	0
Long Term Debt	0	0	0	0	0	0	0	0	0	0
Short Term Debt	0	0	0	0	0	0	0	0	0	0
Trade Payables	4	25	42	52	44	37	29	33	31	38
Others Liabilities ⓘ	263	249	245	390	465	485	524	385	391	369
Total Liabilities ⓘ	3,648	3,728	3,092	3,241	3,591	3,285	3,373	2,560	2,666	2,860
Fixed Assets
Gross Block	611	672	735	810	952	1,191	1,349	1,445	1,708	1,913
Accumulated Depreciation	317	361	408	463	522	604	686	769	856	987
Net Fixed Assetsⓘ	294	311	326	348	430	587	663	676	852	926
CWIP ⓘ	53	80	116	238	297	242	203	314	271	357
Investmentsⓘ	0	0	0	24	115	7	331	232	151	128
Inventories	144	163	122	97	103	178	110	100	170	212
Trade Receivables	107	142	241	190	132	134	227	173	143	209
Cash Equivalents ⓘ	2,830	2,850	2,091	2,139	2,262	1,805	1,597	841	813	790
Others Assetsⓘ	220	181	195	204	253	332	243	224	266	236
Total Assets ⓘ	3,648	3,728	3,092	3,241	3,591	3,285	3,373	2,560	2,666	2,860

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	28	-24	118	529	424	58	291	360	212	253
PBT ⓘ	651	270	462	648	720	340	290	517	332	387
Adjustment ⓘ	-230	-190	-118	-89	-102	-64	-20	45	63	74
Changes in Working Capital ⓘ	-199	-6	-66	200	72	-126	85	-52	-93	-110
Tax Paid ⓘ	-194	-98	-161	-230	-266	-92	-65	-149	-89	-97
Cash Flow From Investing Activity ⓘ	181	145	-588	-397	-254	687	-360	693	-102	-141
Capex	-95	-98	-106	-207	-208	-200	-137	-216	-245	-306
Net Investments	0	0	-654	-343	-215	726	-292	869	146	78
Others ⓘ	276	243	173	152	169	161	68	40	-2	87
Cash Flow From Financing Activityⓘ	-171	-101	-81	-213	-173	-562	-131	-1,033	-122	-85
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	0	0	0	0	0
Interest Paid ⓘ	0	0	0	0	0	0	0	0	0	0
Dividend Paid ⓘ	-171	-101	-80	-193	-171	-148	-131	-177	-122	-85
Others ⓘ	0	0	0	-21	-2	-413	0	-856	0	0
Net Cash Flow ⓘ	37	20	-550	-82	-3	184	-200	20	-12	27

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	13.15	5.06	9.77	15.06	16.11	8.49	6.33	15.2	11.43	12.49
ROCE (%)	19.99	7.91	14.85	23.12	24.47	11.65	8.6	21.12	15.25	16.48
Asset Turnover Ratio	0.23	0.17	0.29	0.42	0.42	0.3	0.35	0.48	0.51	0.52
PAT to CFO Conversion(x)	0.07	-0.14	0.39	1.25	0.89	0.23	1.64	0.95	0.84	0.86
Working Capital Days
Receivable Days	48	72	71	59	41	47	56	51	43	44
Inventory Days	42	88	53	30	25	49	45	27	37	48
Payable Days	-23	-1,036	204	511	1,010	-284	149	373	-270	-603

MOIL Ltd Stock News

MOIL Ltd FAQs

What is the share price of MOIL?

Company share prices are keep on changing according to the market conditions. The closing price of MOIL on 22-Nov-2024 16:59 is ₹295.2.

What is the market cap of MOIL?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 22-Nov-2024 16:59 the market cap of MOIL stood at ₹5,863.4.

What is the P/E ratio of MOIL?

The latest P/E ratio of MOIL as of 22-Nov-2024 16:59 is 16.87.

What is the P/B ratio of MOIL?

The latest P/B ratio of MOIL as of 22-Nov-2024 16:59 is 2.25.

What is the 52-week high and low of MOIL?

The 52-week high of MOIL is ₹588.4 and the 52-week low is ₹259.5.

What is the TTM revenue of MOIL?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of MOIL is ₹1,507 ( Cr.) .

About MOIL Ltd

MOIL Limited is a Schedule ‘A’ Miniratna Category-I Company. It was originally incorporated as Manganese Ore (India) Limited in the year 1962. Subsequently, name of the Company was changed from Manganese Ore (India) Limited to MOIL Limited during the financial year 2010-11. The company is engaged in exploration, exploitation and marketing of various grades of manganese ore and value added products such as Electrolytic Manganese Dioxide (EMD) and High Carbon Ferro Manganese Alloy.

Business area of the company

The Company is one of the largest manganese ore producers of the country.

Products

The company produces and sells different grades of Manganese Ore. They are:

High Grade Ores for production of Ferro manganese
Medium grade ore for production of Silico manganese
Blast furnace grade ore required for production of hot metal
Dioxide for dry battery cells and chemical industries

Awards

2012-13:

Corporate Governance CSR Award by Institute of Public Enterprises (IPE), Hyderabad.
National Safety Award for the year 2008 and 2009 from President of India.
District Highest Sales Tax Payer Award for Balaghat District of Madhya Pradesh for the year 2010-11
Performance Excellence Award for the year 2010-11 from Indian Institution of Industrial Engineering (IIIE).

2013-14:

Corporate Governance EXCELLENT grading
Highest Tax Payers Award for the financial year 2011-12 by the Government of Madhya Pradesh for the highest Commercial tax paid in the Balaghat District for consecutively 5th year

2014-15:

Gold Awards - CCQC-2014 organised by Quality Circle Forum, Nagpur Chapter
Silver Trophy in International Convention on Quality Control Circles 2014 (ICQCC-2014) held in Colombo, Sri Lanka
Best participants of the Bhopal Vigyan Mela-2015 in the PSU category.

2015-16:

Two National Energy Conservation awards, for mining sectors, first prize for Ukwa mine and second prize for Kandrimine awarded by Honourable Energy minister on National Energy Conservation day 2015.
Corporate Governance Excellent grading by DPE for 2014-15.

2016-17:

Corporate Governance - Excellent grading by DPE for 2015-16, received this year.
Four prizes in 47th All India Rescue Competition-2016 held at Mines Rescue Station, WCL, Nagpur.

2017-18:

Par Excellence Award in Quality Circle and First Prize in Skit Competition to Tirodi Mine
Par Excellence Award in Quality Circle and First Prize in Model Competition to Ferro Manganese Plant, Balaghat Mine
Par Excellence Award in Quality Circle to IMD Plant, Dongri Buzurg Mine
Excellence Award in Quality Circle to EMD Plant, Dongri Buzurg Mine

2018-19:

Par Excellence Award in Quality circle to Avighna Quality Circle Team, ferro managese plant, Balaghat Mine.
Best Poster and Best Slogan award to Panchratna Quality Circle team, Dongri Buzurg mine workshop.
Excellence award in Quality Circle to Aman Quality circle team EMD Plant, Dongri Buzurg mine, Parakh Quality circle team, Tirodi mine and Pancharatna Quality circle team, Dongri Buzurg mine workshop.

2019-20:

MOIL has bagged second prize for Best Rescue and Recovery team award in The 50th All India Mines Rescue Competition.
MOIL bagged 'Best Growth Performance Award' in Mineral & Metals category at Dun & Bradstreet PSU award 2019.
MOIL has also bagged 'HR Excellence Award' for the innovative and consistent HR practices.

Milestones

1962: Incorporation of the Company
1962: Transfer of mining leases for manganese ore over the Nagpur, Dongri Buzurg and other areas, consumable stores and other fixed assets from CPMO pursuant to the 1962 Agreement.
1977: Transfer of entire stake by CPMO to Government of India and Company became a 100% Government owned company
1977: Transfer of the Heavy Media Separation Plant located at the Belapur-Hamesha mine and other consumable stores and spares from CPMO pursuant to the 1977 Agreement.
1991: Set up Electrolytic Manganese Dioxide Plant (“EMD”) at Dongri Buzurg mine.
1998: Set up High Carbon Ferro Manganese plant with capacity of 10,000 TPA at Balaghat mine.
2001: Set up integrated Manganese Beneficiation Plant at Dongri Buzurg mine.
2006: Wind farm with power generation capacity of 4.8MW commissioned.
2007: Achieved annual production of 1mn tones.
2007: Company shifted to its present corporate office at ‘MOIL Bhavan’ at 1-A, Katol Road, Nagpur.
2007: Set up integrated Manganese Beneficiation Plant at Balaghat mines with capacity of 0.5mn TPA.
2008: Second wind farm with power generation capacity of 15.2 MW commissioned.
2008: ‘Mini-Ratna - Category - I’ status conferred.
2008: Incorporated 50:50 Joint Venture company ‘SAIL and MOIL Ferro Alloys Private Ltd’ with SAIL to manufacture ferro alloys at Bhilai (C.G.).
2009: Equity Shares of the Company split from Rs 100 per share to Rs 10 per share.
2009: Issue of Bonus Shares in the ratio 1:5
2009: Achieved annual turnover of more than Rs. 1000 mn
2009: Incorporated 50:50 Joint Venture company ‘RINMOIL Ferro Alloys Private Ltd’ with Rashtriya Ispat Nigam Limited (RINL) to manufacture ferro alloys at Vizag (AP).
2010: Change in the name of the Company to MOIL Limited.
2013: MOIL receives prospecting license from Maharashtra govt over 597.44 hectares of area.
2013: MOIL has assigned Rs 250 crore investment for conducting geophysical studies and exploratory drilling on 597 acres of area in Maharashtra. The company would utilize the aforesaid area for expansion of existing mines and would open four mines.
2013: Moil gets govt approval on mining lease for manganese ore from the Ministry of Mines, Government of India.
2014: The grant of Prospecting License (PL) by Government of Maharashtra over an area of 597.44 hectares in Nagpur and Bhandara districts of Maharashtra have now been executed and registered.
2015: Approval of environmental clearance for purchase of land for new mine
2016: MOIL has signed a MoU with Government of Madhya Pradesh.
2017: 4 Mines of MOIL received 5 Star Rating Award under Sustainable Development during National Conclave on Mines & Minerals
2018-19: Started a new mine situated at Parsoda in Nagpur district.
2020: MOIL has received Environmental Clearance for enhancement of production capacity from 90,000 TPA to 2,03,200 TPA.