Moil EPS

What does Moil do? MOIL Ltd. generates revenue through the production and sale of various manganese ore grades. The company operates three segments: mining, manufacturing, and power generation, with its mines located in Nagpur, Bhandara, and Balaghat districts. It produces high-grade ore for ferro manganese, medium-grade ore for silico manganese, blast furnace grade ore for hot metal, and dioxide ore for dry battery cells and chemical industries. The Dongri Buzurg Mine in Bhandara supplies manganese dioxide ore, fulfilling 46% of India's dioxide ore demand, with an annual production of 1.3 million tons. The company's primary customers include the dry battery industry, chemical industries, and producers of ferro manganese, silico manganese, and hot metal. The firm's manganese dioxide ore is utilized as a micro-nutrient in cattle feed and fertilizers. MOIL Ltd. serves the domestic market, meeting a significant portion of India's manganese dioxide ore requirements through its Dongri Buzurg Mine operations. MOIL Ltd. focuses on supplying different ore grades to specific industrial applications, ensuring a steady demand for its products. The company's production capacity supports the manufacturing needs of various sectors, including metallurgy, battery production, and agriculture through its fertilizer applications. Its strategic mine locations in Maharashtra and Madhya Pradesh enable efficient extraction and delivery of manganese ore to key markets. Moil is one of the most popular companies on Eulerpool.