Slide 1: Filing cover letter to stock exchanges
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: Investors' and Analysts' Meet August 2024
Annexure - I INVESTORS’ AND ANALYSTS’ MEET AUGUST 2024 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: MOIL: largest manganese ore producer of India
MOIL • The largest Manganese Ore Producer of India • First CPSE to set up Wind Mills • The only producer of Electrolytic Manganese Dioxide Adding Strength to Steel www.moil.nic.in 4
Slide 6: Manganese Ore, a key ingredient in steel making
Manganese Ore, a key ingredient in steel making Manganese Ore NON- METALLURGICAL 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% Adding Strength to Steel www.moil.nic.in 5
Slide 7: Global Manganese Ore Market
Global Manganese Ore Market World Manganese Ore Production Country-wise Ore Production 2023 70 Brazil *Qty in million tonnes India 4% Gabon 68 South Africa 5% 16% 66 36% 64.4 64 62.2 62 Australia 60.5 11% 59.6 60 59.0 58 56 54 China 11% 52 Others 2019 2020 2021 2022 2023 17% (Source: IMnI) Q Adding
Slide 8: Indian Manganese Ore Market
Indian Manganese Ore Market Manganese Ore Production and Imports in India %age share of %age share of Year MOIL wrt MOIL wrt 7 6.5 India’s Prod. availability 6 5.6 5 4.6 2019-20 45 22 4 4 3.4 3 2.8 2.9 2.7 2.7 2.8 2020-21 41 17 2 1.8 1.3 1.2 1.3 1.1 1 0 2021-22 45 13 19-20 20-21 21-22 22-23 23-24 20
Slide 9: Manganese Ore Reserves in India
TAJIKIS A ; I D A AFGHANISTAN J States and Union Territories , -. , PA lS A CHI MANGANESE ORE ., . - RESERVES IN INDIA Ot::.LJIJ. • M.P. J’Khand million MT 60.05(11.92%) 14.75 (3%) MOIL * INDIA ** Maharashtra 59.03 (11.72%) Odisha Reserves 46.00 75.04 ~AR 171.53 (34%) Resources 61.76 428.58 TOTAL 10
Slide 10: 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 24) 1
Slide 11: Details about MOIL
Details about MOIL • 10 manganese mines in Madhya Pradesh and Maharashtra • Ferro Manganese plant at Balaghat (12000 MTPA capacity) • Electrolytic Manganese Dioxide Plant at Dongri Buzurg Mine (1500 MTPA capacity) • Wind mills - 20 MW, Solar plants - 10.5 MW • More than 56% energy consumption throug
Slide 12: 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 13: 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
Slide 14: Board of Directors
Board of Directors Shri A.K. Saxena Experience in Steel Sector with wide experience in Chairman-cum-Managing Director technical, operational and project management areas. Experience in diverse field of Financial Management, Shri Rakesh Tumane Corporate Accounts, Financial Strategy, Budgeting, Direct
Slide 15: Board of Directors
Board of Directors Shri V.K. Tripathi Indian Railway Service of Engineers (1997), having Govt. of India Nominee Director vast experience in administration, Management, engineering, policy making, Technology advancement. Experience in Business Strategy, Financial CA Dinesh Kumar Gupta Management, Cor
Slide 16: Performance
PERFORMACE Adding Strength to Steel www.moil.nic.in 15
Slide 17: Physical performance
Physical performance Production of Mn Ore (Lakh MT) Sales of Mn Ore (Lakh MT) 17.56 15.36 12.77 13.02 11.80 12.17 11.78 12.31 12.12 11.43 4.70 4.53 19-20 20-21 21-22 22-23 23-24 24-25 Q1 19-20 20-21 21-22 22-23 23-24 24-25 Q1 Production of FeMn (MT) Production of EMD (MT) 10421 10245 10163 1413 8851
Slide 18: Exploration & Reserves
Exploration & Reserves Exploration (Meter) Resources Added ( in Million Tonnes) Exploration - Prerequisite of successful mining 87661 7.98 operations. 6.5 5.52 41762 35728 30028 2.43 1.78 10855 10414 19-20 20-21 21-22 22-23 23-24 19-20 20-21 21-22 22-23 23-24 24-25 Q1 Adding Strength to Steel www.mo
Slide 19: Key Performance Highlights F.Y. 2023-24
Key Performance Highlights F.Y. 2023-24 Best ever - Production, Mn ore at 17.56 lakh tonnes, growth of 35% y-o-y - Sales, 15.36 lakh tonnes, growth of 30% y-o-y - Turnover, Rs. 1449.42 crore, growth of 8% y-o-y - Exploration core drilling, 87,661 meters, growth of more than 100% y-o-y Adding Strengt
Slide 20: Key Performance Highlights F.Y. 2024-25 Q1
Key Performance Highlights F.Y. 2024-25-Q1 Best ever - Revenue from operations, Rs. 492.84 crore, 30% higher y-o-y - Sales, 4.53 lakh MT, 15% higher y-o-y - Exploratory core drilling, 30028 meters, almost 1.5 times y-o-y Adding Strength to Steel www.moil.nic.in 19
Slide 21: Return to the shareholders
Return to the shareholders Return on Equity During 10 Years 2014-15 to 2023-24 2076.04 Average annual return of Rs. 339.34 crores on 1317.40 average equity of Rs. 206.95 crores 339.34 which amounts to 206.95 average annual return of ~164%. Buyback Dividend Avg. Return Avg. Equity (Rs. in crore) Addi
Slide 22: Enhancement of Shareholders' Wealth
Enhancement of Shareholders’ Wealth In Rs. Share price 450 401.15 400 350 278.25 300 Return of ~ 267%. 250 184.45 200 150.25 142.50 150 100 50 0 Mar-21 Mar-22 Mar-23 Mar-24 Aug-24 Year Adding Strength to Steel www.moil.nic.in 21
Slide 23: MOIL @ 2030
MOIL @ 2030 Adding Strength to Steel www.moil.nic.in 22
Slide 24: 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 25: Production target up to 2029-30
Production target up to 2029-30 (in Lakh Tonnes) 35.0 5 New Mines 24.9 21.07 17.56 30 Existing Mines 13.02 12.31 21-22 22-23 23-24 2024-25 2025-26 2029-30* CAGR of 12.18% Adding Strength to Steel www.moil.nic.in 24
Slide 26: 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 25
Slide 27: Emphasis on Higher Exploration
Emphasis on Higher Exploration EXPLORATION EXPLORATION (IN (IN METER) METER) 90,000 80,000 1,00,000 87,661 70,000 60,000 50,000 41,762 40,000 30,000 20,000 10,000 0 2022-23 2023-24 2024-25 • Within lease hold area = 52,559 mtrs. (FY23-24) • Outside lease hold area = 35,102 mtrs. (FY23-24) • Increase
Slide 28: EC Expansion
Capacity Expansion of Environmental Clearance In lakh tonnes EC CEExpansion pansio i 50.0 34.2 24.9 22.7 FY22-23 FY23-24 FY24-25 FY29-30 Adding Strength to Steel www.moil.nic.in 27
Slide 29: Capital Expenditure
CAPITAL EXPENDITURE 400 340 350 316 328 • Most of the retained profit 300 245 is used for 250 mechanization, modernization 200 and capacity 150 enhancement 100 through Capex. 50 • Last year, Capex 0 was more than 22-23 23-24 24-25 (E) 25-26 (E) PAT. Capex (Rs. in crore) Adding Strength to Steel www.
Slide 30: Projects
Projects • Brownfield • High Speed Shaft Sinking, Balaghat Mine • High Speed Shaft Sinking, Gumgaon Mine • Greenfield • Pani Project, Gujarat • Bhudkum Block, Chhindwara, MP • Selva Block, Balaghat, MP • Nilkanthpur block, Balrampur, Chhattisgarh Adding Strength to Steel www.moil.nic.in 29
Slide 31: Greenfield Projects: Pani Project, Gujarat
Greenfield Projects Pani Project- Gujarat (Area ~270 ha.) – • MOIL and GMDC entered into MoU on 01.10.2019. • MOIL has carried out exploration in the Pani area and proved 9.51 million tonnes of resources. • JV document has been finalized from MOIL side and sent to GMDC for their approval. Q Adding S
Slide 32: Greenfield Projects: Bhudkum and Selva Blocks
Greenfield Projects Bhudkum Block – (Area ~300 Ha.) of Chhindwara Selva Block (Area ~100 ha.) of Balaghat • MOIL, Govt. of MP and MPSMC entered into MoU on 27.10.2016. • Exploration in Chhindwara and Balaghat under progress • Ore body established ▪ Bhudkum Block (Area ~300 Ha.), Chhindwara ▪ Selva B
Slide 33: Greenfield Projects: Nilkanthpur Block
Greenfield Projects Nilkanthpur block of Balrampur District, Chhattisgarh (Area ~300 ha.) • MOIL and CMDC entered into MoU on 16.01.2023. • Govt of Chhattisgarh has allotted land for exploration in Oct 2023. • Area allocated is 218 sq km. • MOIL has started exploration from June, 2024 (FY 25 target
Slide 34: Thank You
Thank You MOIL LIMITED MOIL Bhavan, 1-A, Katol Road, Chhaoni, Phone : 0712 2806216/181 Nagpur – 440 013 Website : http://moil.nic.in Tele-Fax : 0712 25916613 Adding Strength to Steel www.moil.nic.in 33