Reported Earnings • Jul 30
First quarter 2027 earnings released: EPS: ₹4.31 (vs ₹2.53 in 1Q 2026) First quarter 2027 results: EPS: ₹4.31 (up from ₹2.53 in 1Q 2026). Revenue: ₹3.71b (up 6.6% from 1Q 2026). Net income: ₹876.2m (up 70% from 1Q 2026). Profit margin: 24% (up from 15% in 1Q 2026). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 25% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Metals and Mining industry in India. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • Jul 20
MOIL Limited to Report Q1, 2027 Results on Jul 29, 2026 MOIL Limited announced that they will report Q1, 2027 results on Jul 29, 2026 Reported Earnings • Apr 30
Full year 2026 earnings released: EPS: ₹13.14 (vs ₹18.76 in FY 2025) Full year 2026 results: EPS: ₹13.14 (down from ₹18.76 in FY 2025). Revenue: ₹15.7b (down 1.2% from FY 2025). Net income: ₹2.67b (down 30% from FY 2025). Profit margin: 17% (down from 24% in FY 2025). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Metals and Mining industry in India. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • Apr 22
MOIL Limited to Report Q4, 2026 Results on Apr 29, 2026 MOIL Limited announced that they will report Q4, 2026 results on Apr 29, 2026 Price Target Changed • Mar 18
Price target decreased by 8.4% to ₹379 Down from ₹413, the current price target is an average from 3 analysts. New target price is 29% above last closing price of ₹293. Stock is down 13% over the past year. The company is forecast to post earnings per share of ₹16.17 for next year compared to ₹18.76 last year. New Risk • Mar 17
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.3% average weekly change). Buy Or Sell Opportunity • Feb 25
Now 21% overvalued Over the last 90 days, the stock has fallen 10% to ₹307. The fair value is estimated to be ₹254, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.7% over the last 3 years. Earnings per share has grown by 6.9%. Revenue is forecast to grow by 60% in 2 years. Earnings are forecast to grow by 106% in the next 2 years. Declared Dividend • Feb 01
Dividend of ₹3.53 announced Shareholders will receive a dividend of ₹3.53. Ex-date: 5th February 2026 Payment date: 26th February 2026 Dividend yield will be 2.0%, which is lower than the industry average of 6.1%. Sustainability & Growth Dividend is covered by earnings (49% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 83% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Jan 31
Third quarter 2026 earnings released: EPS: ₹2.60 (vs ₹3.13 in 3Q 2025) Third quarter 2026 results: EPS: ₹2.60 (down from ₹3.13 in 3Q 2025). Revenue: ₹3.60b (down 1.9% from 3Q 2025). Net income: ₹529.2m (down 17% from 3Q 2025). Profit margin: 15% (down from 17% in 3Q 2025). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Metals and Mining industry in India. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • Jan 20
MOIL Limited to Report Q3, 2026 Results on Jan 30, 2026 MOIL Limited announced that they will report Q3, 2026 results on Jan 30, 2026 Reported Earnings • Nov 12
Second quarter 2026 earnings released: EPS: ₹3.46 (vs ₹2.46 in 2Q 2025) Second quarter 2026 results: EPS: ₹3.46 (up from ₹2.46 in 2Q 2025). Revenue: ₹3.78b (up 30% from 2Q 2025). Net income: ₹704.4m (up 41% from 2Q 2025). Profit margin: 19% (up from 17% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Metals and Mining industry in India. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • Oct 31
MOIL Limited to Report Q2, 2026 Results on Nov 11, 2025 MOIL Limited announced that they will report Q2, 2026 results on Nov 11, 2025 Price Target Changed • Sep 13
Price target increased by 7.7% to ₹438 Up from ₹407, the current price target is an average from 3 analysts. New target price is 24% above last closing price of ₹354. Stock is down 11% over the past year. The company is forecast to post earnings per share of ₹22.75 for next year compared to ₹18.76 last year. Upcoming Dividend • Sep 12
Upcoming dividend of ₹1.61 per share Eligible shareholders must have bought the stock before 19 September 2025. Payment date: 29 October 2025. Payout ratio is a comfortable 30% but the company is paying out more than the cash it is generating. Trailing yield: 1.6%. Within top quartile of Indian dividend payers (1.2%). Lower than average of industry peers (2.7%). Tillkännagivande • Sep 08
MOIL Limited, Annual General Meeting, Sep 30, 2025 MOIL Limited, Annual General Meeting, Sep 30, 2025, at 12:30 Indian Standard Time. Reported Earnings • Jul 31
First quarter 2026 earnings released: EPS: ₹2.53 (vs ₹7.49 in 1Q 2025) First quarter 2026 results: EPS: ₹2.53 (down from ₹7.49 in 1Q 2025). Revenue: ₹3.71b (down 25% from 1Q 2025). Net income: ₹515.1m (down 66% from 1Q 2025). Profit margin: 14% (down from 31% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Metals and Mining industry in India. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • Jul 18
MOIL Limited to Report Q1, 2026 Results on Jul 30, 2025 MOIL Limited announced that they will report Q1, 2026 results on Jul 30, 2025 Tillkännagivande • Jul 03
Moil Limited Appoints Kapil Kotecha as Non-Official Director MOIL Limited appointed Shri Kapil Kotecha, as a Non-Official Director (NoD) on the Board of the company for a period of three years from the date of notification of his appointment, or until further orders, whichever is earlier. The appointment of Shri Kapil Kotecha will be effective from the date of allotment of Director Identification Number (DIN) to him. Price Target Changed • Jun 12
Price target increased by 7.4% to ₹407 Up from ₹379, the current price target is an average from 4 analysts. New target price is 5.4% above last closing price of ₹386. Stock is down 27% over the past year. The company is forecast to post earnings per share of ₹25.85 for next year compared to ₹18.76 last year. Buy Or Sell Opportunity • May 02
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 9.6% to ₹339. The fair value is estimated to be ₹276, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.4% over the last 3 years. Earnings per share has grown by 3.8%. Revenue is forecast to grow by 35% in 2 years. Earnings are forecast to grow by 67% in the next 2 years. Tillkännagivande • Apr 21
MOIL Limited to Report Q4, 2025 Results on Apr 30, 2025 MOIL Limited announced that they will report Q4, 2025 results on Apr 30, 2025 Buy Or Sell Opportunity • Mar 19
Now 24% overvalued Over the last 90 days, the stock has fallen 3.6% to ₹336. The fair value is estimated to be ₹272, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 2.6% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 40% in 2 years. Earnings are forecast to grow by 66% in the next 2 years. Price Target Changed • Feb 26
Price target decreased by 8.7% to ₹368 Down from ₹403, the current price target is an average from 2 analysts. New target price is 18% above last closing price of ₹312. Stock is up 18% over the past year. The company is forecast to post earnings per share of ₹18.25 for next year compared to ₹14.42 last year. Buy Or Sell Opportunity • Feb 13
Now 21% undervalued Over the last 90 days, the stock has risen 2.5% to ₹304. The fair value is estimated to be ₹384, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.6% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 45% in 2 years. Earnings are forecast to grow by 71% in the next 2 years. Reported Earnings • Feb 12
Third quarter 2025 earnings released: EPS: ₹3.13 (vs ₹2.66 in 3Q 2024) Third quarter 2025 results: EPS: ₹3.13 (up from ₹2.66 in 3Q 2024). Revenue: ₹4.00b (up 30% from 3Q 2024). Net income: ₹636.8m (up 18% from 3Q 2024). Profit margin: 16% (down from 18% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Metals and Mining industry in India. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • Jan 28
MOIL Limited to Report Q3, 2025 Results on Feb 11, 2025 MOIL Limited announced that they will report Q3, 2025 results on Feb 11, 2025 Valuation Update With 7 Day Price Move • Jan 27
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹297, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 16x in the Metals and Mining industry in India. Total returns to shareholders of 86% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹410 per share. Buy Or Sell Opportunity • Jan 23
Now 20% undervalued The stock has been flat over the last 90 days, currently trading at ₹327. The fair value is estimated to be ₹410, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.6% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 45% in 2 years. Earnings are forecast to grow by 65% in the next 2 years. Buy Or Sell Opportunity • Dec 23
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 18% to ₹323. The fair value is estimated to be ₹414, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.6% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 45% in 2 years. Earnings are forecast to grow by 65% in the next 2 years. Buy Or Sell Opportunity • Nov 29
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 21% to ₹316. The fair value is estimated to be ₹401, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.6% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 45% in 2 years. Earnings are forecast to grow by 65% in the next 2 years. Buy Or Sell Opportunity • Nov 04
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 26% to ₹323. The fair value is estimated to be ₹410, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.6% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 45% in 2 years. Earnings are forecast to grow by 65% in the next 2 years. Tillkännagivande • Nov 02
MOIL Limited Announces Board Cessations MOIL Limited announced that as per the order no. 1110/2015-BLA (Vol-V)(pt.) dated November 1, 2024 of Government of India, Ministry of Steel, Shri Prashant Vashishtha (DIN-03620891) and CA Dinesh Kumar Gupta (DIN-01303034), independent directors of the company, have completed their tenure as an independent director. Accordingly, they have ceased to be director of the Company w.e.f November 1, 2024. Price Target Changed • Oct 29
Price target decreased by 12% to ₹428 Down from ₹485, the current price target is an average from 2 analysts. New target price is 30% above last closing price of ₹329. Stock is up 42% over the past year. The company is forecast to post earnings per share of ₹21.80 for next year compared to ₹14.42 last year. Reported Earnings • Oct 26
Second quarter 2025 earnings released: EPS: ₹2.46 (vs ₹3.02 in 2Q 2024) Second quarter 2025 results: EPS: ₹2.46 (down from ₹3.02 in 2Q 2024). Revenue: ₹3.19b (down 8.3% from 2Q 2024). Net income: ₹499.6m (down 19% from 2Q 2024). Profit margin: 16% (down from 18% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Metals and Mining industry in India. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • Oct 17
MOIL Limited to Report Q2, 2025 Results on Oct 25, 2024 MOIL Limited announced that they will report Q2, 2025 results on Oct 25, 2024 Tillkännagivande • Sep 13
MOIL Limited Approves Final Dividend for the Financial Year Ended March 31, 2024 MOIL Limited at its AGM held on September 11, 2024, approved Final Dividend of INR 2.55 per equity share for the financial year ended March 31, 2024. Tillkännagivande • Sep 12
Government of India Appoints Dr. Iqbal Singh Chahal as Government Nominee Director on Moil Limited Board MOIL Limited appointed Dr. Iqbal Singh Chahal, IAS, as Additional Chief Secretary (Mines), Government of Maharashtra, as a Government Nominee Director on board of Moil Limited for a period upto March 6, 2027. Dr. Iqbal Singh Chahal is an IAS of 1989 Batch of Maharashtra Cadre. At Present, he is Additional Chief Secretary (ACS) in Chief Ministers Office (CMO) and has worked in various post such as Municipal Commissioner, Municipal Corporation of Greater Mumbai; Principal Secretary, Urban Development Department, Government of Maharashtra & additional charge of Principal Secretary, Water Resources Department; Principal Secretary, Water Resources Department, Government of Maharashtra; Joint Secretary, Ministry of Panchayati Raj etc. He is having experience of more than 35 years in various fields like administration, urban development, Labour and employment, management, public policy, finance. etc. Declared Dividend • Aug 21
Dividend increased to ₹2.55 Dividend of ₹2.55 is 270% higher than last year. Ex-date: 3rd September 2024 Payment date: 11th October 2024 Dividend yield will be 1.5%, which is lower than the industry average of 6.1%. Sustainability & Growth Dividend is covered by earnings (42% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 4.9% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 154% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Tillkännagivande • Aug 19
MOIL Limited, Annual General Meeting, Sep 11, 2024 MOIL Limited, Annual General Meeting, Sep 11, 2024, at 12:30 Indian Standard Time. Buy Or Sell Opportunity • Aug 14
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 6.4% to ₹409. The fair value is estimated to be ₹522, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.9% over the last 3 years. Earnings per share has grown by 3.8%. Revenue is forecast to grow by 75% in 2 years. Earnings are forecast to grow by 157% in the next 2 years. Tillkännagivande • Aug 07
MOIL Limited Announces Changes in the Senior Management MOIL Limited announced changes in the Senior Management of the Company: Shri Nitin P. Kajarekar as General Manager (Finance)-HoD- BCOM, C.A; Shri Sanjay B. Chaudhari as
General Manager (Materials)- HoD- B.E.[PROD], DBM, B.A.[ENG.LIT.]; Shri Nitin Pagnis as Jt.General Manager (Personnel) -HoD - B.Sc., M.A.(ENG.), M.I.R.P.M.; Shri Raja Talathoti as
Deputy General Manager (System)- HoD - D.C.M.E., 'A' LEVEL, 'B' LEVEL(MCA). All effective August 06, 2024. Reported Earnings • Jul 31
First quarter 2025 earnings released: EPS: ₹7.49 (vs ₹4.25 in 1Q 2024) First quarter 2025 results: EPS: ₹7.49 (up from ₹4.25 in 1Q 2024). Revenue: ₹5.20b (up 37% from 1Q 2024). Net income: ₹1.52b (up 76% from 1Q 2024). Profit margin: 29% (up from 23% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Metals and Mining industry in India. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • Jul 23
MOIL Limited to Report Q1, 2025 Results on Jul 30, 2024 MOIL Limited announced that they will report Q1, 2025 results on Jul 30, 2024 Buy Or Sell Opportunity • Jul 05
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 69% to ₹538. The fair value is estimated to be ₹440, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.7% over the last 3 years. Earnings per share has grown by 7.0%. For the next 3 years, revenue is forecast to grow by 24% per annum. Earnings are also forecast to grow by 37% per annum over the same time period. Buy Or Sell Opportunity • Jun 05
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 57% to ₹484. The fair value is estimated to be ₹401, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.7% over the last 3 years. Earnings per share has grown by 7.0%. Revenue is forecast to grow by 77% in 2 years. Earnings are forecast to grow by 179% in the next 2 years. Valuation Update With 7 Day Price Move • May 23
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹504, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 17x in the Metals and Mining industry in India. Total returns to shareholders of 229% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹466 per share. Reported Earnings • May 17
Full year 2024 earnings released: EPS: ₹14.42 (vs ₹12.32 in FY 2023) Full year 2024 results: EPS: ₹14.42 (up from ₹12.32 in FY 2023). Revenue: ₹15.4b (up 15% from FY 2023). Net income: ₹2.93b (up 17% from FY 2023). Profit margin: 19% (in line with FY 2023). Revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 9.4% growth forecast for the Metals and Mining industry in India. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 46% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • May 16
MOIL Limited Recommends Final Dividend for the Financial Year Ended March 31, 2024 MOIL Limited informed that the Board of Directors of the Company in their meeting held on May 15, 2024. Recommended Final dividend of INR 2.55 per equity share of face value of INR 10 each, for the financial year ended on 31st March, 2024. Tillkännagivande • May 08
MOIL Limited to Report Q4, 2024 Results on May 15, 2024 MOIL Limited announced that they will report Q4, 2024 results at 3:30 PM, Indian Standard Time on May 15, 2024 Valuation Update With 7 Day Price Move • Apr 24
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹388, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 17x in the Metals and Mining industry in India. Total returns to shareholders of 177% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹463 per share. New Risk • Apr 10
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.6% average weekly change). Valuation Update With 7 Day Price Move • Mar 07
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹307, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 15x in the Metals and Mining industry in India. Total returns to shareholders of 113% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹481 per share. Price Target Changed • Feb 16
Price target increased by 19% to ₹345 Up from ₹291, the current price target is an average from 2 analysts. New target price is 18% above last closing price of ₹291. Stock is up 86% over the past year. The company is forecast to post earnings per share of ₹15.45 for next year compared to ₹12.31 last year. Valuation Update With 7 Day Price Move • Feb 12
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹289, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 15x in the Metals and Mining industry in India. Total returns to shareholders of 133% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹478 per share. Declared Dividend • Feb 07
Dividend increased to ₹3.50 Dividend of ₹3.50 is 17% higher than last year. Ex-date: 9th February 2024 Payment date: 29th February 2024 Dividend yield will be 1.2%, which is lower than the industry average of 6.1%. Sustainability & Growth Dividend is covered by earnings (30% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 3.0% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 98% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 03
Third quarter 2024 earnings released: EPS: ₹2.66 (vs ₹1.94 in 3Q 2023) Third quarter 2024 results: EPS: ₹2.66 (up from ₹1.94 in 3Q 2023). Revenue: ₹3.30b (up 9.2% from 3Q 2023). Net income: ₹541.0m (up 37% from 3Q 2023). Profit margin: 16% (up from 13% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Metals and Mining industry in India. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • Jan 25
MOIL Limited to Report Q3, 2024 Results on Feb 02, 2024 MOIL Limited announced that they will report Q3, 2024 results on Feb 02, 2024 Buy Or Sell Opportunity • Jan 23
Now 23% undervalued Over the last 90 days, the stock has risen 40% to ₹314. The fair value is estimated to be ₹406, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 28%. Revenue is forecast to grow by 52% in 2 years. Earnings are forecast to grow by 129% in the next 2 years. Buying Opportunity • Jan 18
Now 21% undervalued Over the last 90 days, the stock is up 30%. The fair value is estimated to be ₹406, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 28%. Revenue is forecast to grow by 52% in 2 years. Earnings is forecast to grow by 129% in the next 2 years. Tillkännagivande • Dec 20
MOIL Limited Appoints Rashmi Singh as Director MOIL Limited appointed Smt. Rashmi Singh as Director (Commercial) on the Board for a period from the date of her assumption of charge of the post till the date of her superannuation i.e. May 31, 2027, or until further orders, whichever is earlier. Smt. Rashmi Singh assumed charge as Director (Commercial) of the Company (i.e. December 20, 2023). Education; BSc (PCM) from Canning College, Lucknow University, MBA (Marketing)-Full time from Birla Institute of Technology, Mesra. Experience; Smt. Rashmi Singh has over 32 years of experience in SAIL in varied areas of Sales & Marketing of Steel in domestic sales as well as export markets. She has worked in different verticals of marketing function, encompassing Production Planning, Sales, Policy making, Market Research, Strategic Planning, Risk Management, Trade related matters, etc. As Head of Coal Import Group, Ms Singh was directly responsible for the corporate procurement of Imported Coal which is a significant and critical input for Steel Making. She has been part of panel discussions on number of national and international conferences/seminars on Steel and Coal. New Risk • Nov 10
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (24% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.5% average weekly change). Profit margins are more than 30% lower than last year (18% net profit margin). Price Target Changed • Nov 09
Price target increased by 15% to ₹252 Up from ₹219, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of ₹246. Stock is up 56% over the past year. The company is forecast to post earnings per share of ₹16.60 for next year compared to ₹12.31 last year. New Risk • Nov 09
New major risk - Revenue and earnings growth Earnings have declined by 5.3% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 5.3% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (17% net profit margin). Tillkännagivande • Oct 31
MOIL Limited to Report Q2, 2024 Results on Nov 08, 2023 MOIL Limited announced that they will report Q2, 2024 results on Nov 08, 2023 Valuation Update With 7 Day Price Move • Oct 12
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹248, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 13x in the Metals and Mining industry in India. Total returns to shareholders of 109% over the past three years. Tillkännagivande • Sep 26
MOIL Limited Announces Board Changes MOIL Limited announced that Government of India vide office order No. 4/2/2015-BLA dated 25 September 2023 appointed Shri Raghvendra Kumar Singh, Principal Secretary, Department of Mineral Resources, Govt. of Madhya Pradesh, as nominated Director, State Government of Madhya Pradesh on the board of MOIL Limited with immediate effect till 06 March 2024 vice Shri Nikunj Kumar Srivastava until further order. Accordingly, Shri Nikunj Kumar Srivastava, ceases to be director on the board of MOIL Limited. Tillkännagivande • Sep 23
MOIL Limited Approves Declaration Final Dividend for the Year Ended March 31, 2023 MOIL Limited at its 61st annual general meeting held on September 21, 2023, approved to declare final dividend of INR 0.69 per equity share for the year ended March 31, 2023. Tillkännagivande • Sep 01
MOIL Limited Announces Director Changes MOIL Limited announced that Shri P.V.V Patnaik, Director (Commercial) has attended the age of superannuation on August 31, 2023. Accordingly, he has been ceased to be Director of the Company with effect from September 01, 2023. Further, Ministry of Steel, Government of India vide order no. S.No.14014/1/2022-BLA dated August 25, 2023, has assigned additional charge of the post of Director (Commercial), MOIL to Smt. Usha Singh, Director (Human Resource), MOIL for an initial period of 03 months with effect from September 01, 2023 to November 30, 2023, or untill regular incumbent is appointed and joins the post, or until further orders, whichever is the earliest. Upcoming Dividend • Sep 01
Upcoming dividend of ₹0.69 per share at 1.5% yield Eligible shareholders must have bought the stock before 08 September 2023. Payment date: 20 October 2023. Payout ratio is a comfortable 30% but the company is not cash flow positive. Trailing yield: 1.5%. Within top quartile of Indian dividend payers (1.4%). Lower than average of industry peers (7.2%). Tillkännagivande • Aug 29
MOIL Limited Proposes Final Dividend for the Year Ended March 31, 2023 MOIL Limited at its AGM held on 21 September 2023, proposed final dividend of INR 0.69 per equity share for the year ended March 31, 2023. Tillkännagivande • Aug 26
MOIL Limited, Annual General Meeting, Sep 21, 2023 MOIL Limited, Annual General Meeting, Sep 21, 2023, at 15:30 Indian Standard Time. Price Target Changed • Aug 08
Price target increased by 7.5% to ₹215 Up from ₹200, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of ₹209. Stock is up 30% over the past year. The company is forecast to post earnings per share of ₹13.70 for next year compared to ₹12.31 last year. New Risk • Aug 06
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 17% Last year net profit margin: 28% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (17% net profit margin). Reported Earnings • Aug 05
First quarter 2024 earnings released: EPS: ₹4.25 (vs ₹4.40 in 1Q 2023) First quarter 2024 results: EPS: ₹4.25 (down from ₹4.40 in 1Q 2023). Revenue: ₹4.05b (up 7.9% from 1Q 2023). Net income: ₹865.7m (down 16% from 1Q 2023). Profit margin: 21% (down from 27% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 5.5% growth forecast for the Metals and Mining industry in India. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jul 10
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹190, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 12x in the Metals and Mining industry in India. Total returns to shareholders of 45% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹198 per share. Reported Earnings • May 27
Full year 2023 earnings released: EPS: ₹12.31 (vs ₹16.15 in FY 2022) Full year 2023 results: EPS: ₹12.31 (down from ₹16.15 in FY 2022). Revenue: ₹14.2b (down 1.2% from FY 2022). Net income: ₹2.51b (down 34% from FY 2022). Profit margin: 18% (down from 26% in FY 2022). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 4.0% growth forecast for the Metals and Mining industry in India. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Tillkännagivande • May 27
Moil Limited Recommends Final Dividend for the Financial Year Ended on 31St March, 2023 Moil Limited announced that at its board meeting held on May 26, 2023, recommended final dividend of INR 0.69 per equity share of face value of INR 10 each, for the financial year ended on 31st March, 2023. Tillkännagivande • May 13
MOIL Limited to Report Fiscal Year 2023 Results on May 25, 2023 MOIL Limited announced that they will report fiscal year 2023 results on May 25, 2023 Tillkännagivande • Feb 11
MOIL Limited Announces Board Appointments MOIL Limited appointed Dr. Sanjay Roy, Joint Secretary, Ministry of Steel as Government Director on the Board in vice Ms. Sukriti Likhi, Additional Secretary & Financial Advisor, Ministry of Steel. Accordingly, Ms. Sukriti Likhi, ceased to be Government Nominee Director on the Board of MOIL Limited. Dr. Sanjay Roy, Joint Secretary, Ministry of Steel, Government of India, belongs to the Indian Information Service (Cadre-1997). He holds a MBBS degree from University College of Medical Sciences, New Delhi. He has done foundation course from HCM Rajasthan, Institute of Public Administration in 1997 and got training in media Management and Communication from Queensland University of Technology, Brisbane, Australia and Training in Management Skills and Media at Berkely, US. His has vast experience in administration which includs working as Officer on Special Duty, Information Policy Planning, Ministry of Information & Broadcasting, Joint Director, North West Zone in Directorate of Field Publicity, Ministry of I&B, Director, Jammu & Kashmir Affairs, Ministry of Home Affairs, Director (PMSSY & Director Medical Education) in Ministry of Health and Family Welfare. Presently, he is Joint Secretary in Ministry of Steel, Government of India. Tillkännagivande • Feb 02
MOIL Limited to Report Q3, 2023 Results on Jan 31, 2023 MOIL Limited announced that they will report Q3, 2023 results on Jan 31, 2023 Tillkännagivande • Feb 01
MOIL Limited Declares Interim Dividend for the Financial Year Ending March 31, 2023, Payable on February 28, 2023 MOIL Limited informed that the Board of Directors of the Company in their meeting held on January 31,2023 has: declared interim dividend INR 3.00 per equity share of face value INR 10 each for the financial year ending on 31st March, 2023. As earlier informed to the exchange the Record date for the purpose of payment of dividend is February 8, 2023. The date of payment of interim dividend for the financial year 2022-23 shall be February 28, 2023. Reported Earnings • Feb 01
Third quarter 2023 earnings released: EPS: ₹1.94 (vs ₹5.22 in 3Q 2022) Third quarter 2023 results: EPS: ₹1.94 (down from ₹5.22 in 3Q 2022). Revenue: ₹3.02b (down 17% from 3Q 2022). Net income: ₹395.2m (down 68% from 3Q 2022). Profit margin: 13% (down from 34% in 3Q 2022). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
Less than half of directors are independent There are 7 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 7 new directors. 2 experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). Director of Finance, CFO & Director Rakesh Tumane is the most experienced director on the board, commencing their role in 2017. Independent Director Archana Majumdar was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Tillkännagivande • Oct 30
MOIL Limited to Report First Half, 2023 Results on Nov 11, 2022 MOIL Limited announced that they will report first half, 2023 results on Nov 11, 2022 Tillkännagivande • Oct 22
Moil Limited Announces Executive Changes MOIL Limited informed that as per the order no. F. No. 1110/2015-BLA (Vol-IV) dated October 21, 2019 of Government of India, Ministry of Steel, Shri Mangesh Kinare (DIN-08514820) and Shri Deepak Singh (DIN-08568480), independent directors of the company, have completed their tenure as an independent director on 20.10.2022. Tillkännagivande • Sep 24
MOIL Limited Approves Final Dividend for the Year Ended March 31, 2022 MOIL Limited at the AGM held on 23 September, 2022, approved final dividend of INR 3.00 per equity share for the year ended March 31, 2022. Tillkännagivande • Sep 17
MOIL Limited Proposes Final Dividend for the Year Ended March 31, 2022 MOIL Limited proposed Final Dividend of INR 3.00 per equity share for the year ended March 31, 2022 at its AGM to be held on 23rd September, 2022. Upcoming Dividend • Sep 01
Upcoming dividend of ₹3.00 per share Eligible shareholders must have bought the stock before 08 September 2022. Payment date: 23 October 2022. Payout ratio is a comfortable 33% but the company is paying out more than the cash it is generating. Trailing yield: 3.6%. Within top quartile of Indian dividend payers (1.6%). Lower than average of industry peers (6.0%).