MOIL Limited files FY26 sustainability report with stock exchanges

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Ashish TScanX News Team
Key Highlights

MOIL Limited filed its FY26 BRSR report with NSE and BSE on August 25, 2026. Turnover reached ₹1,472.84 crore with manganese ore mining contributing 93.37%. Total energy consumption fell to 49,71,39,433.75 MJ from 54,22,89,969.77 MJ in FY25. GHG emissions dropped to 50,770.09 MT CO2e, down from 64,272.78 MT in the previous year. Well-being spending increased to 3.54% of revenue; worker LTIFR improved to 0.27.

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MOIL Limited submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year ended March 31, 2026, to the National Stock Exchange and BSE on August 25, 2026. The filing, signed by Company Secretary Neeraj Dutt Pandey, discloses the company’s standalone environmental, social, and governance performance in compliance with SEBI regulations.

Financial Overview

The report highlights a total turnover of ₹1,472.84 crore and a net worth of ₹2,709.25 crore as of the end of FY26. Manganese ore mining remains the core business activity, contributing 93.37% of the total turnover. Manufacturing of ferro manganese and electrolytic manganese dioxide accounts for 6.20%, while power generation contributes 0.43%.

Environmental Metrics

MOIL reported a total energy consumption of 49,71,39,433.75 Megajoules in FY26, down from 54,22,89,969.77 Megajoules in the previous year. Renewable energy sources contributed 5,19,73,797.96 Megajoules, while non-renewable sources accounted for 44,51,65,635.79 Megajoules.

Greenhouse gas emissions (Scope 1 and Scope 2) totaled 50,770.09 metric tonnes of CO2 equivalent, a decrease from 64,272.78 metric tonnes in FY25. Scope 1 emissions stood at 7,788.79 metric tonnes, while Scope 2 emissions were 42,981.30 metric tonnes. The company implemented Zero Liquid Discharge systems across its mines, treating and reusing water for dust suppression and horticulture.

Metric FY26 FY25
Total Energy Consumption (MJ) 49,71,39,433.75 54,22,89,969.77
Total GHG Emissions (MT CO2e) 50,770.09 64,272.78
Water Withdrawal (KL) 9,31,138.79 9,70,559.00

Social Performance

The company employed 2,013 permanent employees and engaged 7,929 workers at the end of the fiscal year. Spending on employee and worker well-being measures rose to 3.54% of total revenue, up from 2.95% in FY25. The Lost Time Injury Frequency Rate (LTIFR) for workers decreased to 0.27 per million person-hours worked, compared to 0.61 in the prior year.

Governance and Compliance

MOIL reported no fines, penalties, or settlements with regulatory agencies during FY26. The Board of Directors approved policies covering all nine principles of the National Guidelines on Responsible Business Conduct. The company received 29 community complaints, all of which were resolved promptly, and 10 shareholder grievances, with one pending resolution at year-end.

Historical Stock Returns for MOIL

1 Day5 Days1 Month6 Months1 Year5 Years
-0.43%-6.78%-5.41%-14.81%-22.99%+59.04%

How might MOIL's successful reduction in GHG emissions and energy consumption position it against competitors facing stricter carbon taxes or ESG-linked financing requirements?

What is MOIL's strategic roadmap for increasing the contribution of its ferro manganese and electrolytic manganese dioxide segments beyond the current 6.20% of total turnover?

Given the significant reliance on non-renewable energy (approx. 89% of total consumption), what specific investments is MOIL planning to accelerate the transition to renewable sources in FY27?

MOIL schedules 64th AGM for September 18, 2026

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Reviewed by
Jubin VScanX News Team
Key Highlights

MOIL holds 64th AGM on September 18, 2026, via video conferencing. Remote e-voting open from September 14 to September 17, 2026. Agenda includes adoption of FY25-26 financial statements. No final dividend recommended as interim payouts covered liability. Board seeks approval for reappointment of key directors.

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MOIL Limited will hold its 64th Annual General Meeting on September 18, 2026, at 12:30 pm through video conferencing. The meeting aims to adopt the audited financial statements for FY25-26 and approve several key board appointments.

The company has engaged National Securities Depository Limited (NSDL) to facilitate remote e-voting. Shareholders holding shares as on the cut-off date of September 11, 2026, are eligible to vote. The remote e-voting window opens on September 14, 2026, at 9:00 am and closes on September 17, 2026, at 5:00 pm.

Key Agenda Items

The ordinary business includes receiving and considering the audited financial statements for the year ended March 31, 2026, along with the reports of the Board of Directors and Auditors. Additionally, shareholders will consider the continuation of Smt. Rashmi Singh as Director (Commercial).

Under special business, the meeting will address the following resolutions:

  • Ratification of the Cost Auditor's remuneration for M/s Ujwal P. Loya & Co., set at ₹1,60,000 plus applicable tax for FY26-27.
  • Continuation of Shri Vishwanath Suresh as Chairman-cum-Managing Director until his superannuation or further orders.
  • Appointment of Smt. Sonali Sanjit Nagvenkar as an Independent Director for a three-year term effective from July 16, 2026.
  • Continuation of Shri Lokesh Chandra as Nominee Director for the Government of Maharashtra until March 6, 2027.

Dividend and Shareholder Information

The Board did not recommend a final dividend for FY25-26, noting that the dividend liability under DIPAM guidelines was fully met through two interim dividends declared during the year. The company has relaunched its "Saksham Niveshak" campaign to assist shareholders in updating KYC details and claiming unpaid dividends to prevent transfer to the Investor Education and Protection Fund.

Historical Stock Returns for MOIL

1 Day5 Days1 Month6 Months1 Year5 Years
-0.43%-6.78%-5.41%-14.81%-22.99%+59.04%

How might the decision to forgo a final dividend in favor of interim payouts impact MOIL's cash flow management and capital allocation strategies for FY26-27?

What strategic initiatives is Shri Vishwanath Suresh expected to prioritize as Chairman-cum-Managing Director leading up to his superannuation?

How could the appointment of Smt. Sonali Sanjit Nagvenkar as an Independent Director influence the board's oversight on corporate governance and risk management?

More News on MOIL

1 Year Returns:-22.99%