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MOIL
4.2
based on 77 Reviews
Company Overview
Company Locations
Working at MOIL
Company Summary
MOIL Limited is a prominent supplier of manganese ore in India, operating multiple mines while producing various grades of manganese for diverse industrial applications.
Overall Rating
4.2/5
based on 77 reviews
8% above
industry average
Highly rated for
Job security, Salary, Work satisfaction
Work Policy
Work from office
92% employees reported
Monday to Saturday
44% employees reported
Flexible timing
55% employees reported
No travel
53% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
10 employees reported
Health insurance
3 employees reported
Professional degree assistance
1 employee reported
Office cab/shuttle
1 employee reported
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About MOIL
Founded in1962 (63 yrs old)
India Employee Count201-500
Global Employee Count5k-10k
India HeadquartersNagpur, Maharashtra, India
Office Locations
--
Websitemoil.nic.in
Primary Industry
Other Industries
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MOIL is a Schedule “A” Miniratna Category-I Company. It was originally incorporated as Manganese Ore (India) Limited in the year 1962. Subsequently, name of the Company was changed from Manganese Ore (India) Limited to MOIL Limited during the financial year 2010-11. At present, MOIL operates 10 mines, six located in the Nagpur and Bhandara districts of Maharashtra and four in the Balaghat district of Madhya Pradesh. All these mines are about a century old. Except 3, rest of the mines are worked through underground method. The Balaghat Mine is the largest mine of the Company. The mine has now reached a mining depth of about 383 meters from the surface. Dongri Buzurg Mine located in the Bhandara district of Maharashtra is an opencast mine that produces manganese dioxide ore used by dry battery industry. This ore in the form of manganous oxide is used as micro-nutrient for cattle feed and fertilizers. MOIL fulfils about 50% of the total requirement of dioxide ore in India. MOIL produces and sells different grades of Manganese Ore. They are: • High Grade Ores for production of Ferro manganese • Medium grade ore for production of Silico manganese • Blast furnace grade ore required for production of hot metal and • Dioxide for dry battery cells and chemical industries. MOIL has set up a plant based on indigenous technology to manufacture 1,000 MT per annum capacity of Electrolytic Manganese Dioxide (EMD). This product is used for the manufacture of dry battery cells. EMD produced by the Company is of good quality and well accepted by the market. A Ferro manganese plant having a capacity of 10,000 MT per annum was also set up in 1998 by MOIL for value addition. In order to promote non-conventional energy resources, MOIL has installed 4.8 MW Wind Energy Farm at Nagda Hills and 15.2 MW Wind Farm at Ratedi Hills, Dist. Dewas in Madhya Pradesh.
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MOIL Ratings
based on 77 reviews
Overall Rating
4.2/5
How AmbitionBox ratings work?
5
44
4
20
3
7
2
3
1
3
Category Ratings
4.3
Job security
3.9
Salary
3.9
Work satisfaction
3.8
Company culture
3.8
Work-life balance
3.8
Skill development
3.5
Promotions
MOIL is rated 4.2 out of 5 stars on AmbitionBox, based on 77 company reviews. This rating reflects a generally positive employee experience, indicating satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at MOIL
based on 72 reviews
4.7
Rated by 9 Women
Rated 4.8 for Job security and 4.7 for Salary
4.1
Rated by 63 Men
Rated 4.1 for Job security and 3.9 for Salary
Work Policy at MOIL
based on 12 reviews in last 6 months
Work from office
92%
Hybrid
8%
MOIL Reviews
Top mentions in MOIL Reviews
+ 3 more
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Compare MOIL with Similar Companies
|  Change Company |  Change Company |  Change Company | |
|---|---|---|---|---|
Overall Rating | 4.2/5 based on 77 reviews | 4.3/5 based on 389 reviews | 4.0/5 based on 523 reviews | 3.8/5 based on 860 reviews |
Highly Rated for | Job security Salary Work satisfaction | Work-life balance Skill development Company culture | Job security Work-life balance Salary | Salary |
Critically Rated for |  No critically rated category | No critically rated category | No critically rated category | Work-life balance Company culture Promotions |
Primary Work Policy | Work from office 92% employees reported | Work from office 75% employees reported | Work from office 89% employees reported | Work from office 88% employees reported |
Rating by Women Employees | 4.7 Excellent rated by 9 women | 4.5 Good rated by 49 women | 4.5 Good rated by 20 women | 3.7 Good rated by 93 women |
Rating by Men Employees | 4.1 Good rated by 63 men | 4.3 Good rated by 321 men | 4.0 Good rated by 449 men | 3.8 Good rated by 700 men |
Job security | 4.3 Good | 3.7 Good | 4.5 Good | 3.4 Average |
View more
MOIL Salaries
MOIL salaries have received with an average score of 3.9 out of 5 by 77 employees.
Chief Manager
(6 salaries)
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₹15.5 L/yr - ₹23 L/yr
Mining Engineer
(6 salaries)
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₹3.6 L/yr - ₹12 L/yr
Graduate Trainee
(5 salaries)
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₹12.3 L/yr - ₹15.7 L/yr
Blaster
(5 salaries)
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₹0.5 L/yr - ₹2 L/yr
Senior Manager Finance
(4 salaries)
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₹18 L/yr - ₹22 L/yr
Mining Mate
(4 salaries)
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₹1 L/yr - ₹6 L/yr
Mines Manager
(4 salaries)
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₹10 L/yr - ₹15 L/yr
Mechanical Engineer
(4 salaries)
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₹8 L/yr - ₹9 L/yr
Store Manager
(3 salaries)
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₹13.3 L/yr - ₹60 L/yr
Assistant General Manager
(3 salaries)
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₹1.5 L/yr - ₹1.7 L/yr
MOIL Interview Questions
Interview questions by designation
Top MOIL interview questions and answers
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MOIL News
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Buy, Sell Or Hold: RIL, CDSL, Wipro, SBI, IRFC, LIC Housing Finance — Ask Profit
- Analysts shared insights on the share prices of Bajaj Housing Finance, Wipro, MOIL, LIC Housing Finance, Indian Railway Finance Corp (IRFC), State Bank Of India (SBI), Reliance Industries (RIL), Central Depository Services (CDSL), Jio Financial Services.
- Reliance Industries (CMP: Rs 1,175.60) - Sharma: Hold. Stock has come down to crucial support levels. Expecting recovery with levels rising to Rs 1,320 in the next couple of weeks.
- Central Depository Services (CMP: Rs 1,139) - Chowdhury: Hold. CDSL's stock has been impacted by falling markets. Growing trends like return on equity and return on capital employed have been fantastic.
- MOIL (CMP: Rs 322.80) - Sharma: Buy. Stock is trading close to its support levels. See the stock heading towards Rs 375 and beyond in the near-term.
- Jio Financial Services (CMP: Rs 217.10) - Chowdhury: Hold. Sees numbers coming in from a one to two-year perspective. Does not see capital as an issue for Jio Financial Services in terms of expansion. May buy more shares at the current market price.
- Wipro (CMP: Rs 730.35) - Sharma: Buy. See stock outperforming its peers. Expect share price to rise up to Rs 400 by the end of the year.
- State Bank Of India (CMP: Rs 730.35) - Chowdhury: Buy. May expect returns of 20% to 25% per annum in the next two years. Trading at a good valuation with deep value in its subsidiaries.
- LIC Housing Finance (CMP: Rs 520.55) - Sharma: Hold. Sees the stock rising up to Rs 600 in the coming weeks. Chowdhury: Hold. Valuation of the stock is attractive. Housing finance companies are expected to benefit from the expected rate cuts.
- Bajaj Housing (CMP: Rs 112.24) - Chowdhury: Sell. Stock is on the expensive side for its price-to-book multiple. Better players in terms of valuation available in the housing space.
- Indian Railway Finance Corp (CMP: Rs 117.73) - Chowdhury: Sell. Valuation is on the expensive side, advisable to book profits. Earnings have consistently been flat, and the price to book ratio is trading at four times.
Bloomberg Quint | 6 Mar, 2025
Hindalco, NALCO, Coal India, JSW Steel, Among Systematix' Top Stock Picks In Metals, Mining After Q3 Results
- Brokerage firm Systematix Institutional Equities has identified Hindalco, NALCO, Coal India, and JSW Steel as the top stock picks in the metals and mining sector after reviewing the Q3 results.
- Jindal Saw, NALCO, Hindalco, Coal India, and JSW Steel are the pecking order of top picks under Systematix's coverage.
- NMDC, MOIL, and Coal India saw better offtake in Q3, supplying key raw materials for the steel and power sectors.
- Systematix also mentioned that these companies performed well during the quarter.
Bloomberg Quint | 19 Feb, 2025
Moil Share Price Target 2025, 2026 to 2030
- Moil Ltd has shown steady growth in share prices over the years and has met several targets, reflecting its strong performance.
- Investors track predictions like the Moil Share Price Target for 2025 and 2030 to gauge the company's future growth potential.
- For 2025, Moil share price targets range from 527 in January to 592 in December, indicating a positive trend throughout the year.
- Similarly, the targets for 2026 range from 604 in January to 678 in December, showcasing a projected growth trajectory.
- Moil's financials reveal key figures such as a market capitalization of 8764.11 crores, total revenue of 1418.52 crores, and ROE of 11.16 percent.
- The company's EPS stands at 12.31, with a PE ratio of 17.08 percent and a PB ratio of 3.91 percent.
- Moil Ltd is expected to experience significant growth, potentially leading to a rise in share prices in the future, given its strong performance.
- Share price targets for 2027, 2028, 2029, and 2030 are also provided, showcasing a progressive growth trend in the coming years.
- Investors are advised to seek expert advice before investing in stocks, as market predictions can be unpredictable.
- Overall, Moil Ltd remains a prominent player in the stock market, with optimistic projections for its share prices in the foreseeable future.
VIE Stories | 19 Feb, 2025
Vodafone Idea, Berger Paints, Lupin, SAIL, MOIL, Procter & Gamble Q3 Results Today — Earnings Estimates
- Vodafone Idea, Berger Paints, Lupin, SAIL, MOIL, and Procter & Gamble are scheduled to announce their Q3 earnings today.
- Vodafone Idea is expected to post a loss of Rs 6,890.3 crore with revenue of Rs 11,363.3 crore.
- Lupin is estimated to report a net profit of Rs 792.6 crore with revenue of Rs 5,686 crore.
- SAIL is projected to report a net loss worth Rs 231.8 crore with revenue of Rs 23,417.1 crore.
Bloomberg Quint | 11 Feb, 2025
Stocks To Buy Today: Marico, Uno Minda, Moil And Wipro
- Analysts have recommended buying shares of Marico Ltd., Uno Minda Ltd., Moil Ltd., and Wipro Ltd.
- Marico Ltd. has a target price of Rs 740, with an upside of 9.79%.
- Uno Minda Ltd. has a target price of Rs 1,190, with an upside of 9.17%.
- Moil Ltd. has a target price of Rs 380, with an upside of 8.26%.
Bloomberg Quint | 13 Jan, 2025
MOIL Receives Rs 16.77 Crore Penalty Order From Collector In Madhya Pradesh
- MOIL Ltd. has received a penalty order of Rs 16.77 crore from the Collector of Balaghat in Madhya Pradesh.
- The penalty was imposed for producing more quantity than allowed at Tirodi Mine under the environmental clearance or consent to operate terms for various years.
- The company stated that there will be no impact on its operations or other activities due to the penalty order.
- MOIL Ltd. will file an appeal before the appellate authority against the penalty order.
Bloomberg Quint | 8 Jan, 2025
Buy, Sell Or Hold: BEL, L&T, Britannia, Voltas, SpiceJet — Ask Profit
- Aditya Arora and Lancelot Dcunha provided expert advice on buying, selling, and holding shares of BEL, L&T, Britannia, Voltas, SpiceJet, Tata Motors, and more on NDTV Profit's Ask Profit show.
- Aditya Arora suggests selling Heritage Foods and holding SpiceJet, while Lancelot Dcunha advises waiting before accumulating Cipla shares.
- Aditya Arora recommends buying Britannia, holding BEL, Voltas, MOIL, and NALCO, and selling Tata Motors on rise.
- Lancelot Dcunha suggests holding L&T and Tata Motors, and adds that Voltas is attempting a breakout.
Bloomberg Quint | 11 Dec, 2024
Stock Market Live: GIFT Nifty Trades Above 24,400; Bajaj Finserv, Mazagon Dock, MOIL, Coal India In Focus
- The GIFT Nifty was trading 0.07% or 16.5 points higher at 24,436.00 as of 7:18 a.m. Among others, share prices of Bajaj Finserv, Mazagon Dock, MOIL, and Coal India will be in focus.
- Motilal Oswal has maintained 'buy' on NMDC at Rs 280 target, implying 21% upside. It expects 20% year-on-year volume growth in the second half on the rise in the company's environmental clearance limit.
- Futures contract of Brent and WTI Crude traded lower at 8:20 a.m. February futures contract 0.2% lower at $71.71 a barrel and January contract of WTI Crude was 0.3% down at $67.93 a barrel.
- Except indices in China and Hong Kong, all other Asian indices were higher in the early trade. At 7:50 a.m., Japan's Nikkei rose around 2%, Australia's ASX 200 gained 0.7%, and South Korea's Kospi rose 1.6%.
Bloomberg Quint | 3 Dec, 2024
Stocks To Watch: Torrent Power, Bajaj Finserv, Coal India, HUL, KEC International
- Torrent Power Ltd., Bajaj Finserv Ltd. and Moil Ltd. are stocks to watch before going into trade.
- Torrent Power board approved the launch of its QIP to raise up to Rs 5,000 crore to reduce debt.
- Bajaj Finserv ended its co-branded card partnership with DBS Bank India.
- Moil's manganese ore production reached a record of 1.63 lakh tonnes in November.
Bloomberg Quint | 3 Dec, 2024
Stocks that will see action today: November 8, 2024
- MOIL records highest October month production of manganese ore, up 32% YoY.
- Macrotech Developers acquires Bain Capital's stake in three industrial and logistics park entities.
- Aurionpro Solutions awarded contract by Chennai Metro Rail for delivering Automated Fare Collection systems.
- Brigade Group signs Joint Development Agreement for a residential project in Chennai.
HinduBusinessLine | 8 Nov, 2024
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MOIL FAQs
When was MOIL founded?
MOIL was founded in 1962. The company has been operating for 63 years primarily in the Metals & Mining sector.
Where is the MOIL headquarters located?
MOIL is headquartered in Nagpur, Maharashtra.
How many employees does MOIL have in India?
MOIL currently has approximately 400+ employees in India.
Does MOIL have good work-life balance?
MOIL has a Work-Life Balance Rating of 3.8 out of 5 based on 70+ employee reviews on AmbitionBox. 83% employees rated MOIL 4 or above, while 17% employees rated it 3 or below on work-life balance. This indicates that the majority of employees feel a generally balanced work-life experience, with some opportunities for improvement based on the feedback. We encourage you to read MOIL work-life balance reviews for more details
Is MOIL good for career growth?
Career growth at MOIL is rated fairly well, with a promotions and appraisal rating of 3.5. 83% employees rated MOIL 4 or above, while 17% employees rated it 3 or below on promotions/appraisal. Though the sentiment is mixed for career growth, majority employees have rated it positively. We recommend reading MOIL reviews for more detailed insights.
What are the pros of working in MOIL?
Working at MOIL offers several advantages that make it an appealing place for employees. The company is highly rated for job security, salary & benefits and work satisfaction, based on 70+ employee reviews on AmbitionBox.
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