Slide 1: Exchange filing cover letter
MOIL LIMITED (A Government of India Enterprise) Regd. Off.: MOIL Bhawan, 1A Katol Road, NAGPUR – 440 013 Website: www.moil.nic.in, E-Mail ID: compliance@moil.nic.in, Ph.: 0712- 2806182, Fax: 0712-2591661, CIN: L99999MH1962GOI012398 CS/NSE-BSE/2023-24/62 Date: 16.06.2023 To, To, The GM (Listing), Lis
Slide 2: Investors' and Analysts' Meet - 2023
Investors’ and Analysts’ Meet - 2023 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: Brief History-Milestone
Brief History-Milestone Central Prospecting MOIL formed on 22nd June, Set up Disinvestment Highest Syndicate (CPS) taking over CPMO assets & Ferro of MOIL - production in formed to prospect for 51% capital with GoI, State Manganese Listed on NSE last 10 year Mn. deposits at Munsar Govt. of MS & MP P
Slide 6: Board of Directors
Board of Directors Experience in Steel Sector with wide Shri A.K. Saxena Chairman-cum-Managing Director experience in technical, operational and project management areas. Shri Rakesh Tumane Experience in diverse field of Financial Director (Finance) Management, Corporate Accounts, Financial Strategy
Slide 7: Board of Directors
Board of Directors Indian Information Service (Cadre-1997), Dr. Sanjay Roy having vast experience in administration, Govt. of India Nominee Director Management, policy making, Communication. Shri Nikunj Shrivastav IAS of 1998 Batch, havingexperience in various Govt. of M.P. Nominee Director fields l
Slide 8: Manganese Ore Reserves in India
MANGANESE ORE RESERVES IN INDIA --- - -- Map Showing Major Manganese Deposits of India (Source: Indian Bureau of Mines, Govt. of India) ... MOIL * INDIA ** (MnT) (MnT) Reserves 43.40 75.04 Resources 57.99 428.58 TOTAL 101.39 503.62 .;. . ~~ * MOIL as on 01.04.2023 ·.•• ;. -;, ** India as on 01.04.20
Slide 9: MOIL's Operation
MOIL’s OPERATION Manganese Ore Mining Ferro Alloy Electrolytic Manganese Dioxide Adding Strength to Steel www.moil.nic.in 8
Slide 10: 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 11: 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% 35.65% Govt. of Madhya Pradesh 10.94 5.38% 53.84% Public / Institutions 71.86 35.31% 5.40% 5.11% Total 20
Slide 12: Some major shareholders other than Governments
Some major shareholders other than Governments Shareholder % LIFE INSURANCE CORPORATION OF INDIA 7.48 MFS INTERNATIONAL NEW DISCOVERY FUND 2.99 UNITED INDIA INSURANCE COMPANY LIMITED 1.14 UTI-MID CAP FUND 0.84 THE NEW INDIA ASSURANCE COMPANY LIMITED 0.62 THE ORIENTAL INSURANCE COMPANY LIMITED 0.49 A
Slide 13: Some major shareholders other than Governments
Some major shareholders other than Governments Shareholder % UTI-DIVIDEND YIELD FUND 0.45 ACADIAN ASSET MANAGEMENT LLC - EM SMALL CAP 0.39 NATIONAL INSURANCE COMPANY LTD 0.37 DFA INVESTMENT DIMENSIONS GROUP INC. (DFAIDG) 0.34 ICICI PRUDENTIAL GROWTH LEADERS FUND 0.33 Adding Strength to Steel www.moi
Slide 14: Financial & Physical Performance FY'23
Financial & Physical Performance FY’23 Details Unit 2022-23 Total production (Mn Ore) Lakh MT 13.02 Total sales (Mn Ore) “ 11.78 Revenue from operations Rs. Cr. 1341.65 Total income “ 1418.52 EBITDA ‘’ 445.97 Profit before tax “ 334.45 Profit after tax “ 250.59 Adding Strength to Steel www.moil.nic.
Slide 15: Financial & Physical Performance FY'23
Financial & Physical Performance FY’23 Details Unit 2022-23 Dividend “ 75.18 Net worth “ 2244.32 Capital expenditure “ 245.10 EPS Rs. 12.31 Book Value (Per share) “ 110.29 EBITA to Turnover % 32.24 Adding Strength to Steel www.moil.nic.in 14
Slide 16: Strengths of MOIL
Strengths of MOIL Largest domestic manganese producing company (~ 45%) Having all its mining leases renewed Zero debt company Adequate cash reserves to fund growth projects. Excellent road and rail connectivity. Skilled workforce Harmonious industrial relations Adding Strength to Steel
Slide 17: Mn ore Industry
Mn ore Industry Adding Strength to Steel www.moil.nic.in 16
Slide 18: Manganese Ore - Usage
Manganese Ore - Usage I MANGANSE ORE • • METALLURGICAL NON-METALLURGICAL 95-96% 4-5% • I • • r--1 • • Iron and Manganese Dry Chemicals Steel Alloys Others Cell and Pharma 4-5% 90-91% • I • Ferro Silico Manganese Manganese I Steel Industry: Major End Market I 25-30% 60-65% I Other Industries: Minor E
Slide 19: Manganese Ore Usage and Its Demand
MANGANESE ORE USAGE AND ITS DEMAND Mn – Important raw material for steel industry. Improves strength, toughness and hardness of steel. Used in the form of Manganese based alloys o Ferro Manganese (FeMn) o Silico Manganese (SiMn) 30 Kgs Manganese ore required for 1 MT of Steel As per NSP 20
Slide 20: Manganese Ore | Global Environment
Manganese Ore | Global Environment World Manganese Ore Production World Manganese Ore Production 2022 * China and India account ~15% of production 70 68 India Gabon 4% 18% 66 64.36 64 62.23 South 61.36 Africa 62 60.56 Australia 36% 59.58 59.00 12% 60 58 China 11% 56 54 Others 52 19% 2017 2018 2019 2
Slide 21: Manganese ore production and imports in India
Manganese ore production and imports in India MOIL India Import (Qty in million tonnes) 12.00 9.20 10.00 7.46 6.64 8.00 6.16 5.58 5.74 6.50 4.64 6.00 4.30 3.57 2.76 2.84 3.95 1.91 4.00 2.59 2.82 2.90 2.69 2.70 2.82 2.00 2.39 1.00 1.20 1.30 1.28 1.14 1.23 1.30 0.00 2016-17 2017-18 2018-19 2019-20 202
Slide 22: Market Opportunity
Market Opportunity o Presently, MOIL is contributing only 17% of manganese ore requirement of the country. o To meet the future demand of manganese ore as envisaged in NSP 2017 Adding Strength to Steel www.moil.nic.in 21
Slide 23: Market Opportunity
Market Opportunity 9.20 7.46 CA.GR - 4.S6% 6.64 6.16 5.58 5.74 5.54 4.81 4.37 4.67 4.30 4.39 ------------------------~ 2.41 2.34 2.63 2.37 2.17 CAGR 1.32% 2.39 2.59 2.82 2.90 2.69 2.70 2.82 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 Adding Strengt
Slide 24: The Future
The Future Adding Strength to Steel www.moil.nic.in 23
Slide 25: Production target up to 2029-30 (in Lakh Tonnes)
Production target up to 2029-30 (in Lakh Tonnes) 35.0 24.9 15.8 13.02 11.44 12.31 20-21 21-22 22-23 2023-24 2025-26 2029-30 (Actual) (Plan) (Plan) (Plan) Adding Strength to Steel www.moil.nic.in 24
Slide 26: Emphasis on Higher Exploration to add Mn Ore reserves
Emphasis on Higher Exploration to add Mn Ore reserves (Within leasehold areas and outside leasehold areas) Achievement /Target Year (in meter) 2022-23 41,762 (A) 2023-24 70,000 (E) 2024-25 80,000 (E) (A) = Actual, (E)= Estimated In outside leasehold area, exploration is planned in MP, Gujrat, Chhatt
Slide 27: MoU between MOIL and GMDC
MoU between MOIL and GMDC • MOIL signed MoU with GMDC to explore the possibility of manganese ore mining in Gujarat. • Resources base of 9.51 million tonnes of manganese ore established. • MOIL and GMDC are in process of signing JV agreement . Adding Strength to Steel www.moil.nic.in 26
Slide 28: MoU amongst MOIL, Govt. of M.P. & MPSMCL
MoU amongst MOIL, Govt. of M.P. & MPSMCL • Govt. of M.P. granted additional blocks in three districts i.e. in Balaghat and Chhindwara and Jabalpur. • MOIL has started exploration in Chhindwara district and around 10294 meters of drilling has been completed. Adding Strength to Steel www.moil.nic.in 2
Slide 29: MoU between MOIL and CG
MoU between MOIL and CG MoU signed with Govt. of Chhattisgarh for exploration of manganese ore. Adding Strength to Steel www.moil.nic.in 28
Slide 30: Additions in Environment Clearance
Additions in Environment Clearance Year EC Limit 2019-20 1.91 2020-21 2.01 2021-22 2.01 2022-23 2.27 2023-24 3.34 2024 onwards 3.94 Quantity in million tonnes Adding Strength to Steel www.moil.nic.in 29
Slide 31: Thank You
Thank You MOIL LIMITED MOIL Bhavan, 1-A, Katol Phone : 0712 2806 154/208 Road, Chhaoni, Tele-Fax : 0712 2591661 Nagpur – 440 013 Website : http://moil.nic.in Email: investors@moil.nic.in Adding Strength to Steel www.moil.nic.in 30