During Friday’s trading session, shares of the largest manganese ore producer in the country moved up by nearly 12 percent on BSE, after reporting Q4 FY25 financial results with a rise in net profit by around 81 percent QoQ and 27 percent YoY.
With a market capitalisation of Rs. 6,860.5 crores, at 02:05 p.m., the shares of MOIL Limited were trading in the green at Rs. 337.15 on BSE, up by nearly 6.2 percent, as against its previous closing price of Rs. 317.55. The stock has delivered negative returns of over 23 percent in one year, but gained nearly 2 percent in the last one month.
What’s the News
According to the latest regulatory filings on the stock exchanges, MOIL Limited announced the financial results for Q4 FY25 on Wednesday. For Q4 FY25, MOIL reported a revenue from operations of Rs. 433.4 crores, reflecting a growth of around 18 percent QoQ from Rs. 366.8 crores in Q3 FY25, and a marginal year-on-year rise of around 4.2 percent from Rs. 416 crores in Q4 FY24.
The net profit increased to Rs. 115.6 crores in Q4 FY25, marking a nearly 81.5 percent rise from Rs. 63.7 crores reported in the previous quarter, and around 27 percent rise compared to Rs. 91 crores in Q4 FY24.
Additionally, EBITDA grew to Rs. 140 crores in Q4 FY25, representing a 47 percent rise from Rs. 95 crores reported in the previous quarter, as well as a nearly 9.4 percent rise compared to Rs. 128 crores in Q4 FY24. EBITDA margins stood at 32 percent in Q4 FY25, up from 26 percent recorded in Q3 FY25 and 31 percent posted in Q4 FY24.
The company’s Board recommended a final dividend of Rs. 1.61 per equity share of face value of Rs. 10 each for FY25. This is in addition to Rs. 4.02 per equity share as an interim dividend.
In FY25, manganese ore production stood at 18.03 lakh tonnes, reflecting a 3 percent YoY increase, while manganese ore sales reached 15.87 lakh tonnes, up 3.3 percent YoY. Ferro manganese sales hit a record 12,942 metric tonnes, marking a 54 percent growth over the previous year.
About the company
MOIL Limited, a Schedule “A” Miniratna Category – I Central public sector undertaking, is one of India’s leading producers of manganese ore, commanding a market share of approximately 53 percent.
Written by Shivani Singh
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