Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of MOIL
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 428 | 380 | 348 | 306 | 416 | 493 | 292 | 367 | 433 | 348 | 348 | 348 | 444 |
| Expenses + | 296 | 256 | 251 | 217 | 288 | 279 | 213 | 272 | 294 | 269 | 249 | 250 | 305 |
| Operating Profit | 133 | 124 | 96 | 89 | 128 | 214 | 79 | 95 | 140 | 79 | 100 | 97 | 139 |
| OPM % | 31% | 33% | 28% | 29% | 31% | 43% | 27% | 26% | 32% | 23% | 29% | 28% | 31% |
| Other Income + | 20 | 26 | 20 | 23 | 24 | 27 | 27 | 33 | 25 | 22 | 30 | 17 | 23 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 31 | 33 | 35 | 37 | 39 | 36 | 38 | 39 | 39 | 37 | 40 | 44 | 48 |
| Profit before tax | 121 | 116 | 82 | 76 | 113 | 204 | 68 | 89 | 125 | 64 | 90 | 70 | 114 |
| Tax % | 33% | 25% | 25% | 29% | 19% | 25% | 27% | 28% | 8% | 19% | 22% | 24% | 19% |
| Net Profit + | 81 | 87 | 62 | 54 | 91 | 152 | 50 | 64 | 116 | 52 | 70 | 53 | 93 |
| EPS in Rs | 3.98 | 4.25 | 3.02 | 2.66 | 4.48 | 7.49 | 2.46 | 3.13 | 5.68 | 2.53 | 3.46 | 2.60 | 4.55 |
Financials of MOIL
Annual income statement trend
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 822 | 632 | 978 | 1,314 | 1,438 | 1,034 | 1,172 | 1,433 | 1,339 | 1,447 | 1,582 | 1,473 |
| Expenses + | 443 | 562 | 679 | 781 | 842 | 779 | 882 | 891 | 970 | 1,010 | 1,055 | 1,058 |
| Operating Profit | 379 | 71 | 298 | 533 | 596 | 256 | 290 | 541 | 369 | 438 | 528 | 415 |
| OPM % | 46% | 11% | 31% | 41% | 41% | 25% | 25% | 38% | 28% | 30% | 33% | 28% |
| Other Income + | 317 | 252 | 221 | 178 | 191 | 181 | 49 | 86 | 80 | 94 | 111 | 93 |
| Interest | 0 | 0 | 3 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 |
| Depreciation | 45 | 52 | 55 | 62 | 67 | 96 | 99 | 103 | 114 | 144 | 152 | 170 |
| Profit before tax | 651 | 270 | 462 | 648 | 720 | 340 | 240 | 523 | 334 | 387 | 487 | 338 |
| Tax % | 34% | 36% | 34% | 35% | 34% | 27% | 26% | 28% | 25% | 24% | 22% | 21% |
| Net Profit + | 428 | 173 | 306 | 422 | 474 | 248 | 177 | 377 | 251 | 293 | 382 | 267 |
| EPS in Rs | 12.74 | 5.15 | 11.48 | 16.38 | 18.40 | 10.46 | 7.44 | 18.53 | 12.31 | 14.42 | 18.76 | 13.14 |
| Dividend Payout % | 33% | 49% | 48% | 34% | 33% | 57% | 99% | 32% | 30% | 42% | 30% | 0% |
Financials of MOIL
Capital structure and asset base
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 168 | 168 | 133 | 258 | 258 | 237 | 237 | 203 | 203 | 203 | 203 | 203 |
| Reserves | 3,214 | 3,285 | 2,672 | 2,542 | 2,825 | 2,526 | 2,583 | 1,938 | 2,041 | 2,250 | 2,434 | 2,506 |
| Borrowings + | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities + | 266 | 275 | 287 | 441 | 526 | 538 | 570 | 438 | 448 | 436 | 574 | 496 |
| Total Liabilities | 3,648 | 3,728 | 3,092 | 3,241 | 3,609 | 3,301 | 3,390 | 2,580 | 2,692 | 2,889 | 3,211 | 3,206 |
| Fixed Assets + | 294 | 311 | 326 | 348 | 430 | 587 | 663 | 676 | 852 | 926 | 920 | 1,070 |
| CWIP | 53 | 80 | 116 | 238 | 297 | 242 | 203 | 314 | 271 | 357 | 507 | 483 |
| Investments | 0 | 0 | 0 | 24 | 115 | 7 | 331 | 232 | 151 | 128 | 78 | 24 |
| Other Assets + | 3,301 | 3,337 | 2,650 | 2,631 | 2,767 | 2,465 | 2,194 | 1,358 | 1,418 | 1,478 | 1,707 | 1,628 |
| Total Assets | 3,648 | 3,728 | 3,092 | 3,241 | 3,609 | 3,301 | 3,390 | 2,580 | 2,692 | 2,889 | 3,211 | 3,206 |
Financials of MOIL
Operating, investing and financing cash movement
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 28 | -24 | 118 | 529 | 424 | 58 | 291 | 360 | 212 | 253 | 434 | 157 |
| Cash from Investing Activity + | 181 | 145 | -588 | -397 | -254 | 687 | -360 | 693 | -102 | -141 | -338 | -14 |
| Cash from Financing Activity + | -171 | -101 | -81 | -213 | -173 | -562 | -131 | -1,033 | -122 | -85 | -134 | -141 |
| Net Cash Flow | 37 | 20 | -550 | -82 | -3 | 184 | -200 | 20 | -12 | 27 | -37 | 2 |
| Free Cash Flow | -67 | -122 | 12 | 322 | 215 | -142 | 154 | 130 | -37 | -63 | 112 | -140 |
| CFO/OP | 58% | 105% | 93% | 142% | 116% | 58% | 122% | 92% | 82% | 82% | 106% | 48% |
Financials of MOIL
Working capital efficiency and return ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 48 | 82 | 90 | 53 | 33 | 47 | 71 | 44 | 39 | 53 | 34 | 35 |
| Inventory Days | 596 | 405 | ||||||||||
| Days Payable | 203 | 107 | ||||||||||
| Cash Conversion Cycle | 48 | 82 | 482 | 53 | 33 | 47 | 369 | 44 | 39 | 53 | 34 | 35 |
| Working Capital Days | 63 | 95 | 84 | 6 | -23 | 11 | -21 | -1 | 15 | 50 | 37 | 56 |
| ROCE % | 20% | 8% | 15% | 23% | 24% | 11% | 10% | 20% | 15% | 16% | 19% | 13% |
Capex of approximately INR 200 crores is planned in India for product development and business expansion. Key concall takeaways from Ashapura Minechem Ltd's Q1…
Revenue grew 42% YoY in Q1 FY27 due to better capacity utilization and value-added product mix. Key concall takeaways from Gravita India's Q1 FY27 earnings…
Margin expansion driven by value-added product mix (41% revenue contribution) and efficiency gains like slurry pipeline and green logistics. Key concall…
Operational efficiencies and cost savings (INR2,000 crores from logistics pipeline on full commissioning) will support profit growth. Key concall takeaways…