Slide 1: MOIL Limited letter to exchanges - Investors and Analysts Meet
EkkW;y fyfeVsM MOIL LIMITED (Hkkjr ljdkj dk midze) (A Government of India Enterprise) EkkW;y Hkou, 1, dkVksy jksM, ukxiqj - 440 013 MOIL Bhavan, 1A, Katol Road, Nagpur – 440 013 ☎ : 0712-2806100, 2806182 /216 ☎ : 0712-2806100, 2806182 /216 bZ esy : compliance@moil.nic.in E-Mail : compliance@moil.nic
Slide 2: MOIL Limited Investors' - Analysts' Meet - March 17, 2026
Annexure-I MOIL Limited INVESTORS’ - ANALYSTS’ MEET – MARCH 17, 2026 Adding Strength to Steel www.moil.nic.in 1
Slide 3: Disclaimer
Disclaimer This presentation is prepared by MOIL Limited (the “Company”) for general information purposes only, without regard to specific objectives, suitability, financial situations and needs of any particular person and does not constitute any recommendation or form part of any offer or invita
Slide 4: About MOIL
About MOIL Adding Strength to Steel www.moil.nic.in 3
Slide 5: A Brief History
A Brief History Central Prospecting MOIL formed on 22nd June, Disinvestment Highest Syndicate (CPS) formed taking over CPMO assets & 51% of MOIL - production/ sales / to prospect for Mn capital with GoI, State Govt. of Listed on NSE turnover since deposits at Munsar MS & MP & BSE inception (FY 25) 1
Slide 6: MOIL
MOIL • The largest Manganese Ore Producer of India with current production of around 2MTPA and Capacity of 3MTPA. • 10 manganese mines in Madhya Pradesh and Maharashtra in both Underground and Opencast . • Renewable energy generation capacity of 30.5 MW (Wind mills - 20 MW, Solar plants - 10.5 MW).
Slide 7: Manganese Ore, a key ingredient in steel making
Manganese Ore, a key ingredient in steel making Manganese Ore METALLURGICAL NON-METALLURGICAL 95-96% 4-5% Iron and Manganese Dry Steel Alloys Chemicals Others Cell 4-5% 90-91% Ferro Silico Manganese Manganese 25-30% 60-65% www.moil.nic.in 6 0 Adding Strength to Steel
Slide 8: Manganese Ore Reserves in India
N A I N D I A AFG KAN I SiTAIII ,.- ,: .- Srtn;agar J~MU ~ States and Union Territories: MANGANESE ORE RESERVES IN INDIA ik.AS H.MIR PAKS AN !a DEi rad11:1'1 •-~-- CHINA million MT UTTJ\RA~M'"AN D 'L . ... R:YA A ,. f --~ ,o:c::uu ~ l'>taw ~ . MOIL as MOIL as INDIA as l l;tj ' .:.._.,._ "\_i"!-.- f
Slide 9: Location of Mines
Location of Mines Madhya Pradesh Road distance from Nagpur Balaghat District in Kms. Balaghat Balaghat Distrct Sitapatore (Madhya Pradesh) Tirodi Balaghat 217 Ukwa Ukwa 254 Tirodi 146 Sitapatore 156 Maharashtra Bhandara District Bhandara District (Maharashtra) Chikla Chikla 116 Dongri-Buzurg Dongri
Slide 10: Capital Structure - MOIL
Capital Structure - MOIL Authorized capital Paid-up capital Amount % Name of share holders ₹ 300.00 Cr ₹ 203.48 Cr crores Holding Govt. of India 108.55 53.35% Govt. of Maharashtra 12.13 5.96% 35.31% Govt. of Madhya Pradesh 10.94 5.38% 53.35% Public / Institutions 71.86 35.31% 5.38% 5.96% Total 203.4
Slide 11: Global Manganese Ore Market
Global Manganese Ore Market World Manganese Ore Production Country-wise Ore Production 2024 *Qty in million tonnes Ghana 70 India 7% 5% Gabon 68 South Africa 19% 46% 66 63.9 63.7 64 62 60.6 Australia 59.6 9% 60 57.7 58 56 China 54 3% 52 Others 2020 2021 2022 2023 2024 11% (Source: IMnI) Adding Stren
Slide 12: Indian Manganese Ore Market
Indian Manganese Ore Market Manganese Ore Production and Imports in India %age share of %age share of (Million tonnes) Year MOIL wrt MOIL wrt India’s Prod. availability 12 10.4 10 9.2 9 2020-21 41 17 8 7.4 6.7 6.5 6.6 6 5.6 4 4.6 3.8 2021-22 45 13 4 3.4 2.7 2.7 2.8 1.7 1.8 2 1.1 1.2 1.3 2022-23 46 1
Slide 13: Board of Directors
Board of Directors Experience in Steel Sector with wide experience in Shri V Suresh Chairman-cum-Managing Director commercial, technical, operational and marketing areas. Experience in diverse field of Financial Management, Shri Rakesh Tumane Corporate Accounts, Financial Strategy, Budgeting, Direct
Slide 14: Board of Directors
Board of Directors Shri Ashwini Kumar From Indian Economic Service (IES), having vast Nominee Director experience in formulation of public policies, Govt. of India macroeconomic policies, administration, management. CA Dinesh Kumar Gupta Experience in Business Strategy, Financial Management, Indepen
Slide 15: Performance
PERFORMACE Adding Strength to Steel www.moil.nic.in 14
Slide 16: Production of Mn Ore (Lakh MT)
Production of Mn Ore (Lakh MT) 17.56 18.03 13.02 12.31 11.44 20-21 21-22 22-23 23-24 24-25 Adding Strength to Steel www.moil.nic.in 15
Slide 17: Sales of Mn Ore (Lakh MT)
Sales of Mn Ore (Lakh MT) 15.88 15.36 12.17 12.12 11.78 20-21 21-22 22-23 23-24 24-25 Adding Strength to Steel www.moil.nic.in 16
Slide 18: Total Income (Rs. Crores)
Total Income (Rs. Crores) 1696.32 1515.57 1542.96 1418.52 1279.85 20-21 21-22 22-23 23-24 24-25 Adding Strength to Steel www.moil.nic.in 17
Slide 19: Annual Physical Performance
Annual Physical Performance Particulars 2024-25 2023-24 2022-23 2021-22 2020-21 Production of Mn Ore (Million Tonnes) 1.80 1.76 1.30 1.23 1.14 Production of EMD (MT) 1350 1413 1100 1202 1070 Production of Ferro Manganese (MT) 12000 10163 8660 10245 8851 Sale of Mn Ore 1.59 1.54 1.17 1.21 1.22 (Milli
Slide 20: Physical Performance (9M)
Physical Performance (9M) Particulars FY 2025-26 9M FY 2024-25 9M Production of Mn Ore (lakh MT) 14.21 13.31 Production of EMD (MT) 746 1007 Production of Ferro Manganese (MT) 7541 9058 Sale of Mn Ore (Lakh MT) 10.84 11.40 Exploration (meters) 57993 83439 Adding Strength to Steel www.moil.nic.in 19
Slide 21: Annual Financial Performance (Rs. crores)
Annual Financial Performance (Rs. crores) Particulars 2024-25 2023-24 2022-23 2021-22 2020-21 ~-------r---------.------.-----.-----~ Revenue from operations 1585 1449 1342 1436 1177 Total income 1696 1543 1419 1516 1279 Profit after tax 381.64 293.34 250.59 376.98 176.63 Net-worth 2637.90 2453.08 22
Slide 22: Financial Performance (Rs. crores) (9M)
Financial Performance (Rs. crores) (9M) Particulars FY 2025-26 9M FY 2024-25 9M Revenue from operations 1056.02 1151.55 Other Income 69.65 86.56 Total Revenue 1125.67 1238.11 Profit before tax 223.49 361.55 Profit after tax 174.87 265.99 NSR 8743 9293 MOIL declared 1st interim dividend of Rs 1.80 an
Slide 23: Quarter Wise Performance of Profitability (Q3)
QuarterStatement wise Performance of Profitability (Q3) FY’25-26 FY’25-26 FY’24-25 Particulars UoM Q3 Q2 Q3 Production of Manganese ore MT 477469 441682 460353 Sale of Manganese ore MT 374117 353395 388214 Revenue from operations Rs. Cr. 359.91 348.05 366.82 Other income Rs. Cr. 16.91 30.28 32.70 To
Slide 24: Return to the shareholders
Return to the shareholders Return on Equity During 10 Years 2015-16 to 2024-25 2076.04 Average annual return of Rs. 338.43 crores on 1308.31 average equity of Rs. 210.50 crores 338.43 which amounts to 210.50 average annual return of ~161%. Buyback Dividend Avg. Return Avg. Equity (Rs. in crores)
Slide 25: Strategic Focus Areas for Improving Performance
Strategic Focus Areas for Improving Performance
Slide 26: Key Initiatives
Key Initiatives: • Beneficiation Expansion: Establish new beneficiation plants at various mines to upgrade low-grade ore, enhance product quality, and increase overall value realization. • Agglomeration (Briquetting): Promote agglomeration through briquetting to convert fines and low-grade materials
Slide 27: MOIL @ 2030
MOIL @ 2030 www.moil.nic.in 26 0 Adding Strength to Steel
Slide 28: Future Outlook
Future Outlook……… National Steel Policy, 2017 - India’s Steel Production - 300 million MT by 2030 11 million MT of Mn ore required to produce 300 million MT of Steel MOIL to produce 3.5 million MT of Mn Ore by 2030 Increasing MOIL’s market share from 20% to 32% by 2030 Adding Strength to Ste
Slide 29: Production target up to 2029-30 (in Lakh Tonnes)
Production target up to 2029-30 (in Lakh Tonnes) 35.00 23.50 18.03 17.56 13.02 12.31 21-22 22-23 23-24 2024-25 2025-26 2029-30 Adding Strength to Steel www.moil.nic.in 28
Slide 30: Focus on…
Focus on… Higher exploration to add into reserves/resources Taking up new shaft sinking projects Enhancement in EC limits Increase in production capacity Expansion of business operation in other states Adding Strength to Steel www.moil.nic.in 29
Slide 31: Emphasis on Higher Exploration
Emphasis on Higher Exploration EXPLORATION EXPLORATION (IN (IN METER) METER) 1,20,000 1,07,530 1,00,000 87,661 80,000 41,762 60,000 40,000 20,000 0 2022-23 2023-24 2024-25 • Within lease hold area = 64,350 mtrs. (FY24-25) • Outside lease hold area = 43,180 mtrs. (FY24-25) • Increase in Mn resource b
Slide 32: Capacity Expansion of Environmental Clearance
Capacity Expansion of Environmental Clearance In lakh tonnes EC EC Expansion Expa11sion 50.0 26.8 24.9 22.7 FY22-23 FY23-24 FY24-25 FY29-30 At present, EC limit is 36.33 lakhs tonnes. Adding Strength to Steel www.moil.nic.in 31
Slide 33: Upcoming Shaft Sinking Projects
Upcoming Shaft Sinking Projects Proposed Completion Awarded Cost excluding Mine Year GST (Rs Crore) Dongri Buzurg Production Shaft 2030 217.45 Dongri Buzurg (East Ventilation shaft) 2029 16.09 Dongri Buzurg (West Ventilation shaft) 2029 38.47 Kandri Mine 2030 196.90 Chikla Mine 2030 195.21 Total 664
Slide 34: Greenfield Projects
Greenfield Projects • GMDC, Gujarat • Bhudkum Block, Chhindwara, Selva Block, Balaghat, Madhya Pradesh • Nilkanthpur block, Balrampur, Chhattisgarh Adding Strength to Steel www.moil.nic.in 33
Slide 35: Capital Expenditure
CAPITAL EXPENDITURE 400 350 316 322 325 350 • Most of the retained 300 profit is used for 245 mechanization, 250 modernization and 200 capacity enhancement through Capex. 150 100 • Last year, Capex was more than PAT. 50 0 22-23 23-24 24-25 25-26 (E) 26-27 (E) Capex (Rs. in crore) Adding Strength to
Slide 36: GMDC-Gujarat
GMDC-Gujarat • MoU signed in Oct 2019 for manganese mining in Gujarat. • MOIL discovered 9.51 MT manganese ore (≥10% Mn) in Pani area. • Area reserved for GMDC since 2007 under MMDR Act. • MMDR Amendment 2021: Reservation lapses if no lease in 5 yrs. • GMDC claims deemed lease based on past dump pro
Slide 37: Bhudkum Block and Selva Block, Madhya Pradesh
Madhya Pradesh Bhudkum Block – (Area ~300 Ha.) of Chhindwara Selva Block (Area ~100 ha.) of Balaghat • MOIL signed MOU with Govt. of Madhya Pradesh and MPSMCL in Oct 2016 • Completed core drilling: 16,360 m (Chhindwara), 55,270 m (Balaghat) • Ore bodies established at Bhudkum Block (~300 Ha., Chhind
Slide 38: Nilkanthpur block, Balrampur, Chhattisgarh
Chhattisgarh Nilkanthpur block, Balrampur, Chhattisgarh • MoU signed with CMDC in Jan 2023 for manganese exploration in Chhattisgarh • The Government of Chhattisgarh approved the reservation for exploration on October 4, 2023 • MOIL began exploratory core drilling on June 1, 2024. • Total 11,628 met
Slide 39: Thank You
Thank You MOIL LIMITED MOIL Bhavan, 1-A, Katol Road, Chhaoni, Nagpur – 440 013 Website : https://moil.nic.in www.moil.nic.in 38 0 Adding Strength to Steel