MOIL Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Ajit Saxena

Chief executive officer

₹5.8m

Total compensation

CEO salary percentage	24.4%
CEO tenure	1.4yrs
CEO ownership	n/a
Management average tenure	3.3yrs
Board average tenure	2.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Ajit Saxena's remuneration changed compared to MOIL's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	₹3b
Dec 31 2023	n/a	n/a	₹3b
Sep 30 2023	n/a	n/a	₹3b
Jun 30 2023	n/a	n/a	₹2b
Mar 31 2023	₹6m	₹1m	₹3b

Compensation vs Market: Ajit's total compensation ($USD70.10K) is below average for companies of similar size in the Indian market ($USD427.01K).

Compensation vs Earnings: Insufficient data to compare Ajit's compensation with company performance.

CEO

Ajit Saxena (58 yo)

1.4yrs

Tenure

₹5,838,842

Compensation

Shri Ajit Kumar Saxena was Chairman & Managing Director of MECON Limited since August 18, 2023 until April 19, 2024. He serves as Chairman and Managing Director of MOIL Limited since December 27, 2022. He...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Ajit Saxena	MD & Chairman	1.4yrs	₹5.84m	no data
Rakesh Tumane	Director of Finance	6.5yrs	₹6.27m	no data
Neeraj Pandey	Company Secretary & Compliance Officer	15.7yrs	₹3.81m	no data
Usha Singh	Director of Human Resources & Executive Director	5.4yrs	₹6.19m	no data
Mirza Abdulla	Director of Production & Planning and Director	2.3yrs	₹6.20m	no data
S. Rai	General Manager of Technical	no data	no data	no data
Preeti Joshi	Deputy General Manager of Legal	no data	no data	no data
R. Patil	General Manager of Marketing	no data	no data	no data
D. Raipure	Chief of Civil	no data	no data	no data
Pradeep Kamle	Chief Vigilance Officer	3.3yrs	no data	no data
Rashmi Singh	Director of Commercial	less than a year	no data	no data

3.3yrs

Average Tenure

57yo

Average Age

Experienced Management: 533286's management team is considered experienced (3.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Ajit Saxena	MD & Chairman	1.4yrs	₹5.84m	no data
Rakesh Tumane	Director of Finance	6.7yrs	₹6.27m	no data
Usha Singh	Director of Human Resources & Executive Director	5.4yrs	₹6.19m	no data
Mirza Abdulla	Director of Production & Planning and Director	2.3yrs	₹6.20m	no data
Rashmi Singh	Director of Commercial	less than a year	no data	no data
Dinesh Gupta	Independent Director	2.5yrs	₹380.00k	no data
Prashant Vashishtha	Independent Director	2.5yrs	₹440.00k	no data
Archana Majumdar	Independent Director	2.2yrs	₹300.00k	no data
Sanjay Roy	Nominee Director	1.2yrs	no data	no data
Raghvendra Singh	Nominee Director	less than a year	no data	no data

2.3yrs

Average Tenure

57yo

Average Age

Experienced Board: 533286's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.

MOIL Management

Management criteria checks 2/4

Key information

Recent management updates

MOIL Limited Appoints Rashmi Singh as Director

MOIL Limited Announces Board Changes

MOIL Limited Announces Director Changes

MOIL Limited, Annual General Meeting, Sep 21, 2023

MOIL Limited Announces Board Appointments

MOIL Limited Appoints Ajit Kumar Saxena as Managing Director

Recent updates

Full year 2024 earnings released: EPS: ₹14.42 (vs ₹12.32 in FY 2023)

MOIL Limited Recommends Final Dividend for the Financial Year Ended March 31, 2024

MOIL Limited to Report Q4, 2024 Results on May 15, 2024

Investor sentiment improves as stock rises 16%

New minor risk - Share price stability

Investor sentiment improves as stock rises 16%

Price target increased by 19% to ₹345

Investor sentiment deteriorates as stock falls 15%

Dividend increased to ₹3.50

Third quarter 2024 earnings released: EPS: ₹2.66 (vs ₹1.94 in 3Q 2023)

Moil Limited Declares Interim Dividend for the Financial Year Ending on 31st March, 2024, Payable on 29 February 2024

MOIL Limited to Report Q3, 2024 Results on Feb 02, 2024

Now 23% undervalued

Now 21% undervalued

MOIL Limited Appoints Rashmi Singh as Director

New minor risk - Share price stability

Price target increased by 15% to ₹252

New major risk - Revenue and earnings growth

MOIL Limited to Report Q2, 2024 Results on Nov 08, 2023

Investor sentiment improves as stock rises 17%

MOIL Limited Announces Board Changes

MOIL Limited Approves Declaration Final Dividend for the Year Ended March 31, 2023

MOIL Limited Announces Director Changes

Upcoming dividend of ₹0.69 per share at 1.5% yield

MOIL Limited Proposes Final Dividend for the Year Ended March 31, 2023

MOIL Limited, Annual General Meeting, Sep 21, 2023

Price target increased by 7.5% to ₹215

New minor risk - Profit margin trend

First quarter 2024 earnings released: EPS: ₹4.25 (vs ₹4.40 in 1Q 2023)

Investor sentiment improves as stock rises 15%

Full year 2023 earnings released: EPS: ₹12.31 (vs ₹16.15 in FY 2022)

Moil Limited Recommends Final Dividend for the Financial Year Ended on 31St March, 2023

MOIL Limited to Report Fiscal Year 2023 Results on May 25, 2023

MOIL Limited Announces Board Appointments

MOIL Limited to Report Q3, 2023 Results on Jan 31, 2023

MOIL Limited Declares Interim Dividend for the Financial Year Ending March 31, 2023, Payable on February 28, 2023

Third quarter 2023 earnings released: EPS: ₹1.94 (vs ₹5.22 in 3Q 2022)

MOIL Limited Appoints Ajit Kumar Saxena as Managing Director

Less than half of directors are independent

MOIL Limited Announces Managing Director Changes

MOIL Limited to Report First Half, 2023 Results on Nov 11, 2022

Moil Limited Announces Executive Changes

MOIL Limited Approves Final Dividend for the Year Ended March 31, 2022

MOIL Limited Proposes Final Dividend for the Year Ended March 31, 2022

Upcoming dividend of ₹3.00 per share

MOIL Limited, Annual General Meeting, Sep 23, 2022

First quarter 2023 earnings released: EPS: ₹4.40 (vs ₹2.60 in 1Q 2022)

MOIL Limited to Report Q1, 2023 Results on Aug 02, 2022

Full year 2022 earnings released: EPS: ₹16.15 (vs ₹7.44 in FY 2021)

MOIL Limited Recommends Final Dividend for the Year Ended March 31, 2022

MOIL Limited to Report Q4, 2022 Results on May 25, 2022

Price target increased to ₹227

Less than half of directors are independent

MOIL Limited Announces Change in Directorate

Upcoming dividend of ₹3.00 per share

Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations

MOIL Limited Declares Interim Dividend for the Year Ended March 31, 2022, Payable on March 11, 2022

MOIL Limited to Report Q3, 2022 Results on Feb 11, 2022

Second quarter 2022 earnings released: EPS ₹2.54 (vs ₹0.31 in 2Q 2021)

Upcoming dividend of ₹4.90 per share

First quarter 2022 earnings released: EPS ₹2.60 (vs ₹0.08 in 1Q 2021)

MOIL Signs Tripartite MOU with the Govt. of Madhya Pradesh and Madhya Pradesh State Mining Corporation Limited to Explore the Possibilities of Manganese Ore Mining in Four Districts of the State, That Is Balaghat, Jabalpur, Jhabua and Chhindwara

Government Nominee Director & Joint Secretary Tatipamala Srinivas has left the company

Government Nominee Director & Joint Secretary Tatipamala Srinivas has left the company

MOIL Limited Announces Environment Clearance for Gumgaon and Khodegaon Manganese Underground Mine

Director of Production & Planning and Director Dipankar Shome has left the company

New 90-day high: ₹155

Third quarter 2021 earnings released: EPS ₹2.17 (vs ₹2.15 in 3Q 2020)

MOIL Limited to Report Q3, 2021 Results on Feb 12, 2021