MOIL Limited (MOIL.NS) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

+7.8%

₹226.24

vs ₹209.84 price

Levered DCF

₹42.93

After debt service

Piotroski score

4 / 9

Average

Altman Z-score

—

Rating

B-

Overall 2 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	21.56×	17.48×	21.69×	11.55×	11.41×	20.24×	10.45×	8.59×
P/B	2.13×	2.53×	2.59×	1.29×	2.01×	1.27×	0.94×	1.33×
P/S	3.91×	4.21×	4.41×	2.17×	3×	3.03×	2.5×	2.85×
EV / EBITDA	12.19×	12.64×	11.9×	7.62×	6.83×	10.52×	9.45×	6.75×
Gross margin	45.4%	85.5%	79.2%	80.5%	74.1%	67.7%	77.4%	79.6%
Operating margin	16.6%	23.7%	21.6%	20.5%	30.7%	17.4%	16.1%	37.3%
Net margin	18.2%	24.1%	20.3%	18.8%	26.2%	15.0%	23.9%	33.2%
Current ratio	3.03×	3.57×	4.11×	3.66×	3.81×	4.71×	4.5×	5.53×
Debt / equity	0×	0×	0×	0×	0×	0×	0×	0×
Interest coverage	0×	0×	0×	0×	599.42×	0×	0×	0×
Dividend yield	2.4%	2.0%	1.3%	4.2%	4.1%	3.7%	6.9%	4.2%
Payout ratio	52.8%	35.0%	29.1%	48.7%	47.1%	73.9%	72.1%	35.7%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	9.9%	14.5%	12.0%	11.2%	17.6%	6.3%	9.0%	15.5%
Return on invested capital	7.1%	10.6%	9.3%	8.9%	14.5%	5.2%	4.4%	11.5%
Return on assets	8.3%	11.9%	10.2%	9.3%	14.6%	5.2%	7.5%	13.3%
Free cash flow yield	-1.9%	1.7%	-1.0%	-1.3%	3.0%	4.3%	-5.5%	5.2%
Earnings yield	4.6%	5.7%	4.6%	8.7%	8.8%	4.9%	9.6%	11.6%
Enterprise value	₹50.6B	₹66.7B	₹63.2B	₹28.8B	₹42.8B	₹35.7B	₹24.9B	₹40.9B
Net debt / EBITDA	-1.71×	-0.01×	-0.08×	-0.03×	-0.04×	-0.01×	-0.4×	-0.04×
Cash conversion cycle (days)	203	419	277	224	133	172	267	148