MOIL Share is a bullish trend in the share market. During share ups and downs, you should know all about share details before investing. In this blog, we are going to discuss MOIL Share Price Target 2025, 2027, 2028, 2030, and 2040. We will try to analyze the share base in the company’s overall performance.
We also look at the company’s profit growth in the last five years, sales growth in the last five years, and ROE percentage in the last five years. Similarly, we compare share growth and the share price return amount if the share has increased or decreased over the last five years. We also take advice from experts about which time we should invest in the share; it may be helpful for you, too. Let’s have a look at the MOIL Share Price Target from 2025 to 2040.
Contents
- 1 Overview About Manganese Ore India Limited (MOIL)
- 2 Fundamental Analysis Of MOIL Limited
- 3 MOIL Share Price Performance For The Last Few Years
- 4 Influencing Key Factors For MOIL’s Stock Price
- 5 MOIL Share Price Target 2025
- 6 MOIL Share Price Target 2027
- 7 MOIL Share Price Target 2028
- 8 MOIL Share Price Target 2030
- 9 MOIL Share Price Target 2040
- 10 The Few Year’s Performance Of MOIL Limited
- 11 Is MOIL Share profitable for investors to invest right now?
- 12 Discussion About Share Holding Pattern Of MOIL Limited
- 13 Peer Company Of MOIL Limited
- 14 Dividend History Of MOIL Limited
- 15 FAQ
- 15.1 Is MOIL a government-owned company?
- 15.2 What is the full form of MOIL?
- 15.3 What is the main function of MOIL?
- 15.4 What is the MOIL Share Price Target 2025?
- 15.5 What is the MOIL Share Price Target 2027?
- 15.6 What is the MOIL Share Price Target 2028?
- 15.7 What is the MOIL Share Price Target 2030?
- 15.8 What is the MOIL Share Price Target 2040?
- 16 Conclusion
Overview About Manganese Ore India Limited (MOIL)
MOIL, previously known as Manganese Ore India Limited, is a manganese ore mining company. The company operates 11 mines in adjoining districts of Maharashtra and Madhya Pradesh. The Central Government holds 54%, the other 2 State Governments hold about 11%, and the public holds 35%. MOIL Limited has been instrumental in fulfilling India’s manganese ore needs for steel production, cementing its status as a prominent manganese mining company.
Fundamental Analysis Of MOIL Limited
| Company Name | MOIL Limited |
| Book Value | ₹127.36 |
| Face Value | ₹10 |
| Market Cap | ₹6,741.46 Crore |
| 52 Week High | ₹589 |
| 52 Week Low | ₹259.50 |
| P/B | 2.60 |
| P/E | 19.40 |
| DIV. YIELD | 1.84% |
| ROA | 10.65% |
| ROE | 12.50% |
MOIL Share is under both the Indian Stock Exchange BSE (Bombay Stock Exchange) and NSE (National Stock Exchange).
- The last 6 month’s share growth was -173.36 (-33.14%).
- The last 1 month’s share growth was +16.55 (4.96%).
- The last 1 year’s share growth was +34.00 (10.80%).
- The last 5 year’s share growth was +195.40 (126.60%).
- The maximum share growth was +119.00 (51.61%).
- MOIL Share Price return percentage was 4.9% in the last 1 month.
- The last 3 month’s share price return percentage was -10.54%.
- The last 1 year’s share price return percentage was 10.83%.
- The last 3 year’s share price return percentage was 107.98%.
- The last 5 years’ share price return percentage was 126.63%.
Influencing Key Factors For MOIL’s Stock Price
Increases the Demand For Manganese Ore Demand
As manganese is one of the important products for steel manufacturing so, with the increase in steel manufacturing capacity the demand for manganese also increases. With the great economic development, the steel manufacturing capacity also increases in our country which is a symbol of increases in the demand for manganese ore.
Strong Governmental Support
The Indian Government also allocated land for the company to explore potential mining opportunities and a major milestone is obtaining environmental clearance for a crucial area near one of the mines. Which helps the company to maintain its financial structure.
Robust Research and Development
With the help of a strong research and development field, the company also focuses the vertical shafts, shaft sinking, and replacement of fixed assets. The company also established state-of-the-art laboratories that conduct vital research. The company’s rock mechanics laboratory provides detailed studies on geotechnical lithology which guides the company’s strategies for managing the diverse dip directions within the mines.
Increase The Price Of Manganese Ore
With the global pricing trends, the prices for manganese ore also increased which also depends on the global support chain system, mining cost, exportation cost, and the economic condition of the major consuming countries like China.
Also Read – HAL Share Price Target
If we look at the MOIL Share Price Target 2025 forecast, the 1st Price Target is ₹332.46 and the 2nd Price Target is ₹380.39.
- Production Capacity Of Manganese Ore
- In the financial year 2023-24, the company’s manganese ore production capacity was 17.57 lakh MT and the ferro manganese production capacity was 10164 MT. The manganese ore sales amount was 15.37 lakh MT and the average sales realization amount was 8850 MT.
- Exploration & Resources Added By Core Drilling
- The core drilling exploration capacity of 87,665 meters has been well maintained by the company throughout the last 5 years. In the year 2022, the company’s exploration capacity was 35,729 Meters which increased to 41,825 Meters in the year 2023 and in the last year 2024 the amount became 87,665.82 Meters.
- Resources Added Amount By Core Drilling
- In the year 2022, the resources added amount of 5.53 Million Tonnes which increased to 5.99 Million Tonnes which increased by 7.99 Million Tonnes in the year 2024.
| Year | MOIL Share Price Target 2025 |
| 1st Price Target | ₹332.46 |
| 2nd Price Target | ₹380.39 |
Risk Factors
- The most important risk factor for the company may be any changes in governmental policies changes related to the pollution control system may affect the manufacturing capacity of the company.
- If the products lose demand from the major consumers in China the price of Manganese Ore and production may negatively impact.
If we look at the MOIL Share Price Target 2027 forecast, the 1st Price Target is ₹433.60 and the 2nd Price Target is ₹485.48.
- Collaboration With Expert Companies
- For more exploration, the company also uses alternative mining techniques in partnership with the Central Institute For Mining and Fuel Research. This collaboration also ties up with top scientific and technological expertise to solve mining challenges by which the company improves its operational efficiency and safety standards. After the collaboration, the company also led Nanostructured Lithium Manganese Oxide which is used in Li-lon batteries.
- Digital Transformation
- The company takes initiatives to refine mine planning, development, and production scheduling through digital transformation. Through investment in research and development, the company also focused on the advancement of Electrolytic Manganese Metal (EMM), which is essential for manufacturing stainless steel, aluminum sheets, and batteries for electric vehicles.
- Rapid Urbanization
- In the time of global Urbanization and in the time of infrastructure development projects India’s steel industry also increases. In the time of industrial development, the demand for the steel industry also increased and it is beneficial for MOIL because the demand for Manganese Fuel also increased parallelly.
| Year | MOIL Share Price Target 2027 |
| 1st Price Target | ₹433.60 |
| 2nd Price Target | ₹485.48 |
Risk Factors
- Delay in any domestic project cloud affects the company’s growth carve and share growth also.
- Any chances of governmental price rates like high interest rates, and high tax rates, export or importation costs may affect the share price rate.
If we look at the MOIL Share Price Target 2028 forecast, the 1st Price Target is ₹480.79 and the 2nd Price Target is ₹562.86.
- Diversification Of Products
- The company focuses on developing its existing mines and exploring new opportunities. The company also aims to set up new ferroalloy plants at strategic locations near the company’s mines. In the financial year 2022-23, the company’s Ferro Manganese production capacity was 8,665 MT.
- Intellectual Partnerships
- The company also builds relationships with some of India’s most reputed industries like the Central Institute Of Mining & Fuel Research, the Indian Institute Of Technology, Banaras Hindu University, etc. Through those industries, MOIL Limited can get ideas about R&D purpose, the company gets ideas about the company’s running pathway and the shape for future innovation.
- Increases The Mines Number
- To increase manufacturing capacity, the company also increases the total mines number. The company has a total of 11 mines out of which 8 mines are underground mines and others 3 are opencast mines. Balaghat mine is the largest of the 11 mines and the deepest at 383 meters.
| Year | MOIL Share Price Target 2028 |
| 1st Price Target | ₹480.79 |
| 2nd Price Target | ₹562.86 |
Risk Factors
- As the company started a new journey in the mining sector, any innovation of new technology in the mining sector may affect the company’s profit growth.
- There are many countries where manganese is also mined like Africa which may be a risk factor for the global supply.
If we look at the MOIL Share Price Target 2030 forecast, the 1st Price Target is ₹702.18 and the 2nd Price Target is ₹769.51.
- Development Of Relatable Industries
- The growth of some relatable Industries like batteries, steel, electrical vehicles, etc which are relatable to manganese also influences the company’s growth.
- Global Expansion
- The company also started to explain its market in national and international markets which also influence the company’s growth and revenue factors.
- Increases Revenue Amount From Operation
- In the financial year 2023, the company’s Revenue amount from operation was ₹1,345.69 Crore which increased to ₹1,450.43 Crore in the year 2024. The increase in revenue growth is parallel to its revenue growth.
- Increases In Sales Growth
- In the year 2024, the Sales Growth of the company increased to 15.37 lakh tonnes which increased 30% compared to the previous year. The increases in sales growth also influence the share growth of the company.
| Year | MOIL Share Price Target 2030 |
| 1st Price Target | ₹702.18 |
| 2nd Price Target | ₹769.51 |
Risk Factors
- There are many competitive companies in the mining sector so it is important to maintain the company’s profit growth, revenue growth, and overall performance.
- Any global and domestic breakdown for the reason of trade wars or any economic breakdown may decrease the demand for Manganese Ore which may decrease the product demand.
Also Read – Hindalco Share Price Target
If we look at the MOIL Share Price Target 2040 forecast, the 1st Price Target is ₹1,519.51 and the 2nd Price Target is ₹1,596.30.
- Market Leadership
- By the end of the year 2040, the company will be a market leader in the mining sector which will be a key leader for the market share also.
- Expansion Of Products Of Other Critical Minerals
- The company has potential expansions into lithium, cobalt, or other critical minerals to diversify the manufacturing operation of the company which also impacts the company’s share price.
- Power Generation From Renewable Energy Sources
- The company also started to generate power from renewable energy sources like the installation of a 500 MW Solar power plant in Nagpur and already completed to 476 KW ground-mounted solar power plant which is also an extended part of the company’s growth.
- Investment in R&D Sector
- For more development, the company also invested a huge amount in the R&D Sector. In the financial year 2022-23, the company’s invested amount was ₹11.47 Crore in the R&D sector which is also influencing the share price of the company.
| Year | MOIL Share Price Target 2040 |
| 1st Price Target | ₹1,519.51 |
| 2nd Price Target | ₹1,596.30 |
Risk Factors
- Any disbalance in currency exchange may affect the company’s overall revenue.
- Any geographical instability in the producing area may affect the company’s production capacity.
The Few Year’s Performance Of MOIL Limited
Profit Growth
The company’s last 5 year’s profit growth percentage is described in the below portion.
- In the last 5 years -8.52%
- In the last 3 years 19.01%
- In the last 1 year 17.56%
The Net Profit amount of the company was ₹251.26 Crore in March 2023 which increased to ₹294.26 Crore in March 2024. The Operating Profit amount of the company was ₹97.15 Crore in September 2023 which decreased to ₹80.12 Crore in September 2024.
Sales Growth
The last 5 year’s Sales growth percentage of the company is described in the below portion.
- In the last 5 years 0.15%
- In the last 3 years 7.96%
- In the last 1 year 8.06%
The Net Sales amount of the company was ₹1,342.56 Crore in March 2023 which increased to ₹1,450.29 Crore in March 2024.
ROE Percentage
The company’s last 5 year’s ROE percentage is described below.
- In the last 5 years 10.96%
- In the last 3 years 13.26%
- In the last 1 year 13.05%
ROCE Percentage
The company’s last 5 year’s ROCE percentage is described below.
- In the last 5 years 14.68%
- In the last 3 years 17.59%
- In the last 1 year 17.96%
The Net Cash Flow Amount
The company’s Net Cash Flow was ₹-11.85 Crore in March 2023, increased to ₹26.96 Crore in March 2024.
Total Liabilities
The company’s Total Liabilities were ₹2,678.26 Crore in March 2023, increased to ₹ 2,896.46 Crore in March 2024.
Total Expenditure Amount
The company’s Total Expenditure was ₹973.26 Crore in March 2023, which increased to ₹1,056.29 Crore in March 2024.
Other Income Amount
The Other Income Amount was ₹76.59 Crore in March 2023 which increased to ₹93.46 Crore in March 2024.
Tax Amount
The Tax amount of the company was ₹84.26 Crore in March 2023 which increased to ₹94.79 Crore in March 2024.
Positive Sides
- In the last 3 years, the company had a good profit growth which was 19.01%.
- The company is virtually debt-free.
- In the last 5 years, the has been maintaning effective average operating margins of 28.90%.
- The last 3 years ROE percentage of the company was good which was 13.26%.
- In the last 3 years, the ROCE percentage of the company was 17.59%.
Negative Sides
- The last 3 years revenue growth of the company was not so good which was 7.25%.
- The company has contingent liabilities of 607.25 Crore.
- The company’s sales growth was 7.96% which was not so good.
MOIL Limited mainly has four types of shareholding patterns such as promoter holding, public holding, DII, and FII. We can majorly influence the company’s growth depending on the shareholding pattern.
| Investor Type | Percentage |
| Promoter Holding (Owned by the company’s promoter) | 64.70% |
| Public Holding (Held by the public) | 22.80% |
| FII (Invest by Foreign Institutional Investor) | 4.70% |
| DII (Invest money by Domestic Institutional Investor) | 7.80% |
Peer Company Of MOIL Limited
| Company Name | Market Cap (Crore) |
| Coal India Limited | ₹2,43,165.52 |
| Vedanta Limited | ₹1,75,890.36 |
| NMDC Limited | ₹59,526.50 |
| KIOCL Limited | ₹24,757.13 |
Dividend History Of MOIL Limited
| Year | Dividend Medium | Dividend Amount Per Share |
| 2024 | Final | ₹2.56 |
| 2023 | Interim | ₹0.69 |
| 2022 | Final | ₹3.00 |
| 2021 | Final | ₹4.90 |
| 2020 | Interim | ₹3.00 |
Also Read – Vedanta Share Price Target
FAQ
Is MOIL a government-owned company?
Yes, MOIL is a government-owned company under the administrative control of the Ministry Of Steel.
What is the full form of MOIL?
The full form of MOIL is Manganese Ore India Limited.
What is the main function of MOIL?
MOIL is a mini Ratna manganese ore mining company that has 11 mines in the districts of Maharashtra and Madhya Pradesh.
MOIL Share Price Target for 2025 is ₹332.46 to ₹380.39.
MOIL Share Price Target for 2027 is ₹433.60 to ₹485.48.
MOIL Share Price Target for 2028 is ₹480.79 to ₹562.86.
MOIL Share Price Target for 2030 is ₹702.18 to ₹769.51.
MOIL Share Price Target for 2040 is ₹1,519.51 to ₹1,596.30.
Conclusion
This website is written to help the investor gain some basic knowledge about the market strategy of MOIL Share. For making this blog we take consultation from expertise and doing research about the company. It is expected that the MOIL Share Price Target will be a good choice to invest in on a long-term basis. The manganese ore mining sector in India and outside of the country always increases as a result of the company and the share may increase rapidly.
We try to give an in-depth idea about the share. If you think it is helpful to you you can share it. If you have any questions please let us know through the comment box we will try to reply to your questions and solve your problem. Thanks for visiting this website and thanks for being with us.
Disclaimer – We are not SEBI-registered advisors. A financial market is always risky to anyone. This website is only for training and educational purposes. So before investing, we are requested to discuss certified expertise. We will not be responsible for anyone’s profit or loss.
