close

MOIL Ltd

Know More
NSEBSE

214.100.00 (0.00%)

12:00 AM,28th Sep 2023

217.203.25 (1.52%)

09:16 AM,29th Sep 2023

BSE : 533286

NSE : MOIL

Sector : Metals & Mining

ISIN Code : INE490G01020

  • NSE
  • BSE
  • 1D
  • 5D
  • 1M
  • 6M
  • 1Y
  • 2Y
  • 5Y
  • MAX

Last Updated: Sep 29 2023 | 09:16 AM IST

Market Cap (₹ Cr)

4356

Turnover (₹ Cr)

0.42

Volume (Shares)

197677

Face Value

10

52-WK High

250.00

52-WK High Date

04 Sep 2023

52-WK Low

140.75

52-WK Low Date

29 Mar 2023

All Time High

295.00

All Time High Date

15 Dec 2010

All Time Low

85.55

All Time Low Date

23 Mar 2020

MOIL Ltd

MOIL Limited is the largest producer and seller of of different grades of Manganese Ore by volume in India. The Company produces high medium and low grade manganese ore. Also they produce manganese dioxide and chemical grade manganese ore. All their mines are located in Central India in States of Maharashtra and Madhya Pradesh benefiting from well developed road and rail infrastructure. They are actively involved in Exploration and Development (E&D) activities with a view to increasing their proved manganese ore reserves.The Company currently operates seven underground mines namely Kandri Munsar Beldongri Gumgaon Chikla Balaghat and Ukwa mines and three opencast mines namely Dongri Buzurg Sitapatore/ Sukli and Tirodi. They also own two wind farms with a total aggregate capacity of 20 MW in Nagda Hills and Ratedi Hills near Dewas in Madhya Pradesh.MOIL Ltd was incorporated on June 22 1962 as a Public Limited Company with the name Manganese Ore (India) Ltd. Pursuant to an agreement between the Government of India and CPMO the mining leases for manganese ore over the Nagpur Dongri Buzurg and other areas consumable stores and other fixed assets were transferred from CPMO to the Company. In the year 1997 CPMO transferred their entire stake to the Government of India and the company became a 100% Government owned company. Also the Heavy Media Separation Plant located at the Belapur-Hamesha mine and other consumable stores and spares were transferred from CPMO to the company.In the year 1991 the Company set up Electrolytic Manganese Dioxide Plant at Dongri Buzurg mine. In the year 1998 they set up High Carbon Ferro Manganese plant with capacity of 10000 TPA at Balaghat mine. In the year 2001 they set up integrated Manganese Beneficiation Plant at Dongri Buzurg mine.In the year 2006 the company commissioned wind farm with power generation capacity of 4.8 MW. In the year 2007 they set up integrated Manganese Beneficiation Plant at Balaghat mines with capacity of 0.5 million TPA. In the year 2008 they commissioned second wind farm with power generation capacity of 15.2 MW. In the year 2008 the company was conferred with Mini-Ratna Category-I status. Also they incorporated 50:50 joint venture company with SAIL namely SAIL and MOIL Ferro Alloys Pvt Ltd to manufacture ferro alloys at Bhilai in Chattisgarh. In the year 2009 they also incorporated 50:50 joint venture company with Rashtriya Ispat Nigam Ltd (RINL) namely RINMOIL Ferro Alloys Pvt Ltd to manufacture ferro alloys at Vizag in Andhra Pradesh. In August 17 2010 the name of the company was changed from Manganese Ore (India) Ltd to MOIL Ltd. During the year 2010-11 the company came out with Initial Public Offer (IPO) and got listed on National Stock Exchange and Bombay Stock Exchange. IPO was oversubscribed by about 56 times with overwhelming response from retail and institutional investors. In 2014-15 Ministry of Mines Government of India has recently notified MOIL for conducting exploration for various minerals all over the country. This opens up opportunities to MOIL to expand its business in this new area. MOIL has two separate Joint Ventures (50:50) with Steel Authority of India Limited (SAIL) and Rashtriya Ispat Nigam Limited (RINL) for setting up Ferro Alloys Plant.During 2018-19 Company completed deepening of Holmes (vertical) shaft from 300 mtrs. depth to 435 mtrs. depth with loading station which costed Rs. 26.50 crores in August 2018. In February 2019 it completed sinking of new vertical shaft 160 mtrs. depth including headgear structure winding system and other allied works at Chikla Mine which costed Rs. 38.81 crores. In September 2018 it completed deepening of vertical shaft at Kandri Mine from 185 mtrs. to 245 mtrs. and allied works which costed Rs. 17.67 crores.During 2019-20 Company completed sinking of ventilation shaft at Balaghat mine at capital cost of Rs. 8.50 crore. It completed sinking of ventilation shaft at Balaghat mine at capital cost of Rs. 4.50 crore. In April 2020 it completed sinking of new vertical shaft 160 mtrs. depth at Munsar Mine which costed Rs. 51.32 Crore. In August 2020 it completed sinking of new vertical shaft 324 mtrs. depth at Ukwa Mine which costed Rs. 77.15 Crore. It completed shaft sinking & lining upto 200 mtrs. It has carried out 7205 mtrs. exploratory core drilling by departmental drill rig.In January 2021 it completed sinking of large dia. high speed vercal sha of 330 mtrs. depth at Gumgaon Mine which costed Rs. 194 Crore. In February 2021 Company completed project on sinking of new vertical shaft 160 Mtrs. depth with winder headgear and surface/ underground infrastructure at Munsar mine at capital cost of Rs. 51.32 crore. In July 2021 it completed sinking of large dia. high speed vercal of 750 mtrs. depth at Balaghat Mine which costed Rs. 259 Crore. The Company completed process of winding off of two Joint Ventures Companies (JVCs) namely SAIL & MOIL Ferro Alloys Pvt. Ltd. and RINMOIL Ferro Alloys Pvt. Ltd. and struck off the names of both JVCs from the ROC during 2021-22. In 2022 MOIL has signed a MoU with Gujarat Mineral Development Corporation Limited (GMDC) to explore possibilities of manganese ore in Pani area of Gujarat. A tripartite MoU between MOIL GMDC and Mineral Exploration Corporation Limited (MECL) has also been signed to carry out exploration. During 2021-22 MOIL has carried out exploratory core drilling of 35728 Mtrs.

MOIL Ltd - Key Fundamentals

PARAMETER VALUES
Market Cap (₹ Cr)

4356

EPS - TTM (₹) [S]

11.42

P/E Ratio (X) [S]

1.94

Face Value (₹) 10
Latest Dividend (%)6.90
Latest Dividend Date 08 Sep 2023
Dividend Yield (%) 1.72
Book Value Share (₹) [S]110.29
P/B Ratio (₹) [S]1.94
[*C] Consolidated [*S] Standalone

Funds Owing this Stock

Scheme Name Amount Invested ( ₹ Cr ) No Of Shares Net Asset (%)
UTI-Mid Cap Fund (IDCW) 40.58 1701083 0.46
UTI-Mid Cap Fund (G) 40.58 1701083 0.46
UTI-Mid Cap Fund - Direct (G) 40.58 1701083 0.46
UTI-Mid Cap Fund - Direct (IDCW) 40.58 1701083 0.46
Quant Active Fund (IDCW) 39.63 1661178 0.70
Quant Active Fund - Direct (G) 39.63 1661178 0.70
Quant Active Fund - Direct (IDCW) 39.63 1661178 0.70
Quant Active Fund (G) 39.63 1661178 0.70
UTI-Dividend Yield Fund (IDCW) 21.96 920656 0.71
UTI-Dividend Yield Fund (G) 21.96 920656 0.71

Load more

Research Reports

Date BrokerActionPrices(Rs)Report
30-05-2023Kotak Securities Accumulate 160
07-02-2023Kotak Securities Buy 160
12-08-2022Kotak Securities Buy 161
30-05-2022Sharekhan Buy 159
16-11-2021Sharekhan Buy 177

Stock Strength

Today's Low/High

213.60

218.20

Week Low/High

211.80

228.00

Month Low/High

211.80

250.00

Year Low/High

140.75

250.00

All time Low/High

86.80

295.00

Share Price Returns

Period BSENSE SENSEXNIFTY
1 Week-0.90%-1.02%-0.86-0.70%
1 Month-5.39%-5.29%1.021.54%
3 Month32.28%32.28%2.733.33%
6 Month50.40%49.98%13.9715.65%
1 Year42.54%42.78%16.0116.29%
3 Year51.90%51.84%72.8774.61%

Financials

Graph
Table

Bulk/ Block

ALL
NSE
BSE
ALL
BUY
SELL
DateClient NameExchangeTransactionQuantityPrice
28-02-2014BT FUNDS MANAGEMENT LTD AS TRUSTEE OF BT ASIAN SHARE FUNDNSESELL899370232.51
31-05-2013MFS INTERNATIONAL NEW DISCOVERY FUNDBSEBUY863140200.05
31-05-2013MIM AC MFS INTERNATIONAL NEW DISCOVERY FUNDNSEBUY943285200.05
22-12-2010CROSSEAS CAPITAL SERVICES PRIVATE LIMITEDBSESELL908358454.59
22-12-2010CROSSEAS CAPITAL SERVICES PRIVATE LIMITEDBSEBUY908112454.72
22-12-2010CROSSEAS CAPITAL SERVICES PVT. LTD.NSEBUY910974454.40
22-12-2010CROSSEAS CAPITAL SERVICES PVT. LTD.NSEBUY910974454.40
22-12-2010OPG SECURITIES P LTDBSESELL911158457.48
22-12-2010OPG SECURITIES P LTDBSEBUY911158457.21
16-12-2010CROSSEAS CAPITAL SERVICES PRIVATE LIMITEDBSESELL1076207465.58

Load More

Peer Group Comparison

NamePrice(In Rs)Chg(%)Mkt Cap(Rs Cr)Sales(Rs Cr)Profit(Rs Cr)EPS(Rs)P/E(x)

Shareholding Pattern

Jun 2023
Archive
CategoryShare(%)
Promoter64.68
Financial Institutions Banks0.00
Foreign Institutional Investors6.16
Insurance Companies10.11
Mutual Funds Uti1.89
Other Institutional Investors0.33
Indian Public14.32
Others Non Institutional Investors2.51
Custodians0.00

Corporate Action

Announcement DatePurposeFromToRemarks
Data Not Found

Price History

Search for Price History

DateOpenHighLowCloseSharesTrades
Data Not Found

Load more

Company Info

Company Information

Chairman / Whole Time Director : A.K. Saxena

Executive Director - Finance / : RAKESH TUMANE

Director (Human Resources) : Usha Singh

WTD & Executive Director : Pvv Patnaik

WTD & Director (Production) : M M Abdulla

Independent Director : Prashant Vashishtha

Independent Director : Dinesh Kumar Gupta

Independent Director : Archana Majumdar

Nominee : Sanjay Roy

Nominee : NIKUNJ KUMAR SRIVASTAV

Registered Office: MOIL Bhawan, 1-A Katol Road,Nagpur,Maharashtra-440013 Ph: 91-712-2806100/216

Email:compliance@moil.nic.in

URL:http://www.moil.nic.in