MOIL Limited (formerly Manganese Ore India Limited), a key player in the manganese ore industry, has announced significant price adjustments across its product portfolio, effective from August 1, 2025. The company, which is a Government of India Enterprise, has implemented a nuanced pricing strategy that reflects current market conditions and demand for various grades of manganese ore.

Ferro Grade Price Increase

In a move that underscores the robust demand for high-quality manganese ore, MOIL has increased the prices of all ferro grades of manganese ore by 3%. This price hike applies to:

• Ferro grades with manganese content of 44% and above
• Ferro grades with manganese content below 44%

The price increase for these grades is expected to positively impact MOIL's revenue stream, particularly in the ferro alloy segment of the steel industry.

Adjustments in Other Grades

While ferro grades see an uptick, MOIL has implemented price reductions in certain other product categories:

• SMGR (Mn-30% and Mn 25%) and Fines grades: Prices decreased by 3%
• SMGR (Mn 20%) and Metal Mandi Fines (UKF532, DBF575, and MSF592): Prices reduced by 3%

These reductions may be a strategic move to maintain competitiveness in segments with potentially softer demand or increased market competition.

Chemical Grade Price Increase

Interestingly, the company has also raised prices for all chemical grades by 3%, indicating a potentially strong demand in the chemical industry sector that utilizes manganese ore.

EMD Pricing Stability

The basic price of Electrolytic Manganese Dioxide (EMD) remains unchanged at Rs. 205,000.00 per metric ton, suggesting stability in this particular product segment.

Market Implications

These price adjustments reflect MOIL's responsive approach to market dynamics. The increase in ferro grade prices could signal strong demand from the steel industry, while the varied approach to different grades demonstrates the company's nuanced understanding of segment-specific market conditions.

For investors and industry observers, these price changes offer insights into the current state of the manganese ore market and MOIL's strategic positioning within it. The company's ability to implement such targeted price adjustments across its product range underscores its market influence and operational flexibility.

As the manganese ore market continues to evolve, MOIL's pricing strategies will likely remain a key area of focus for stakeholders in the mining and steel industries.

MOIL Limited (NSE: MOIL, BSE: 533286), a Government of India Enterprise, has reported a significant downturn in its financial performance for the first quarter. The company's Board of Directors approved the unaudited financial results in a meeting held on July 30.

Revenue Contraction

MOIL's revenue for Q1 stood at ₹3.40 billion, marking a substantial decrease from ₹4.90 billion reported in the corresponding quarter of the previous year. This represents a year-over-year decline of approximately 30.61% in the company's top line.

Profitability Metrics

The company's profitability metrics showed a sharp decline across the board:

EBITDA and Margin Compression

MOIL's Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) experienced a sharp decline, falling to ₹0.79 billion from ₹2.10 billion in the same period last year. This represents a significant drop of about 62.38% year-over-year.

The EBITDA margin also contracted substantially, decreasing to 23.24% from 42.86% in the previous year's corresponding quarter. This 19.62 percentage point reduction in EBITDA margin indicates considerable pressure on the company's operational efficiency.

Net Profit Decline

The bottom line of MOIL was severely impacted, with net profit decreasing to ₹0.52 billion from ₹1.50 billion in the year-ago period. This translates to a substantial decline of approximately 65.33% in net profit year-over-year.

Compliance and Disclosure

In compliance with SEBI (LODR) Regulations 2015, MOIL has submitted its unaudited financial results to the National Stock Exchange of India Ltd and the Bombay Stock Exchange Limited. The company has also stated that it will arrange for the publication of these results in newspapers, as per regulatory requirements.

The financial results were approved in a board meeting that commenced at 11:00 hours and concluded at 14:20 hours on July 30.

Investors and stakeholders may need to closely monitor MOIL's performance in the coming quarters to assess whether this decline is a temporary setback or indicative of broader challenges facing the company.