MOIL posts 36.60% operating margin in standalone Q1FY27
Other income supported reported profit, while MOIL's margin stood 19.35 percentage points above the commodities peer median.
Filed 29 Jul 2026, 16:41 IST · after market close · MOIL Ltd (MOIL)
Key takeaways
- MOIL reported a 36.60% standalone operating margin in Q1FY27.
- Other income of Rs 20.25 cr contributed to profit before tax of Rs 111.62 cr.
- MOIL's operating margin was 19.35 percentage points above the 17.25% median for 28 reported commodities peers.
Price around the results
Operations delivered a high-margin quarter
MOIL's standalone Q1FY27 revenue of Rs 370.88 cr translated into operating profit of Rs 135.75 cr and a 36.60% operating margin. With no interest expense, the main below-operating-profit charge was depreciation of Rs 44.38 cr. Profit before tax was Rs 111.62 cr and net profit was Rs 87.62 cr.
Reported profit included meaningful non-operating income
Other income of Rs 20.25 cr formed part of the quarter's profit before tax, so reported earnings were not generated solely by operations. The tax rate was 21.51%, leaving net profit at Rs 87.62 cr and basic EPS at Rs 4.31.
MOIL outpaced the reported commodities peer median
Its 36.60% operating margin was 19.35 percentage points above the 17.25% median across 28 commodities companies that had reported the same quarter. The results were filed after market close on 29 Jul 2026, so the session's stock reaction is not part of this read.
Q1FY27 at a glance
Standalone figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.
| Line item | Q1FY27 |
|---|---|
| Revenue | ₹371 cr |
| Other income | ₹20 cr |
| Expenses | ₹235 cr |
| Operating profit | ₹136 cr |
| Operating margin (%) | 36.60% |
| Interest | ₹0 cr |
| Depreciation | ₹44 cr |
| Profit before tax | ₹112 cr |
| Tax | ₹24 cr |
| Net profit | ₹88 cr |
| EPS (₹) | ₹4.31 |
Operating margin of 36.60% compares with a Commodities sector median of 17.25% across 28 peers that have reported Q1FY27.
What to watch
- Whether operating margin holds around 36.60% in the next quarter.
- Whether other income remains a contributor alongside Rs 111.62 cr of profit before tax.
- Whether the tax rate stays near 21.51%.