Orissa Minerals Development Company Ltd
Orissa Minerals Development Company Limited was incorporated in 1918. It operates various Iron Ore and Manganese Ore in various districts through leases. [1]
- Market Cap ₹ 2,991 Cr.
- Current Price ₹ 4,984
- High / Low ₹ 7,433 / 4,310
- Stock P/E
- Book Value ₹ -85.4
- Dividend Yield 0.00 %
- ROCE -38.5 %
- ROE %
- Face Value ₹ 1.00
Pros
Cons
- Company has low interest coverage ratio.
- Contingent liabilities of Rs.6,061 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Commodities Metals & Mining Minerals & Mining Industrial Minerals
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 83 | 36 | 82 | 65 | 72 | |
| 49 | 40 | 43 | 45 | 296 | 673 | 53 | 36 | 57 | 47 | 59 | 93 | 102 | |
| Operating Profit | -49 | -40 | -43 | -45 | -296 | -673 | -53 | -36 | 25 | -11 | 24 | -28 | -30 |
| OPM % | 31% | -31% | 29% | -43% | -42% | ||||||||
| 75 | 75 | 69 | 62 | 54 | 54 | 28 | 17 | 6 | 10 | 7 | 6 | 8 | |
| Interest | 0 | 0 | 0 | 0 | 1 | 4 | 21 | 32 | 30 | 24 | 31 | 22 | 22 |
| Depreciation | 9 | 9 | 7 | 5 | 15 | 15 | 2 | 2 | 15 | 2 | 5 | 4 | 3 |
| Profit before tax | 17 | 26 | 19 | 12 | -258 | -638 | -48 | -52 | -14 | -27 | -5 | -48 | -47 |
| Tax % | 63% | 32% | 44% | 47% | -2% | -29% | 59% | -24% | 7% | -39% | -153% | -17% | |
| 6 | 18 | 11 | 7 | -253 | -452 | -77 | -40 | -14 | -17 | 3 | -40 | -39 | |
| EPS in Rs | 10.43 | 29.50 | 18.23 | 10.93 | -421.60 | -752.72 | -127.82 | -66.08 | -24.15 | -27.57 | 4.70 | -67.03 | -64.30 |
| Dividend Payout % | 10% | 15% | 15% | 13% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -8% |
| TTM: | -28% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 8% |
| 3 Years: | % |
| TTM: | -366% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 15% |
| 3 Years: | 20% |
| 1 Year: | -31% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | % |
Balance Sheet
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.60 | 0.60 | 0.60 | 0.60 | 0.60 | 0.60 | 0.60 | 0.60 | 0.60 | 0.60 | 0.60 | 0.60 | 0.60 |
| Reserves | 818 | 826 | 836 | 840 | 586 | 134 | 56 | 17 | 3 | -13 | -11 | -52 | -52 |
| 0 | 0 | 0 | 0 | 40 | 123 | 310 | 312 | 348 | 182 | 9 | 186 | 145 | |
| 95 | 97 | 136 | 138 | 377 | 429 | 87 | 85 | 114 | 226 | 344 | 403 | 406 | |
| Total Liabilities | 913 | 924 | 972 | 979 | 1,004 | 687 | 454 | 416 | 466 | 395 | 342 | 538 | 500 |
| 84 | 69 | 62 | 57 | 44 | 29 | 27 | 25 | 31 | 29 | 28 | 25 | 25 | |
| CWIP | 1 | 2 | 2 | 1 | 1 | 0 | 1 | 3 | 3 | 3 | 0 | 111 | 119 |
| Investments | 4 | 4 | 3 | 3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 824 | 850 | 906 | 918 | 959 | 657 | 425 | 387 | 431 | 363 | 314 | 401 | 356 | |
| Total Assets | 913 | 924 | 972 | 979 | 1,004 | 687 | 454 | 416 | 466 | 395 | 342 | 538 | 500 |
Cash Flows
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -8 | -56 | -38 | -55 | -44 | -520 | -171 | -23 | 102 | -60 | -26 | 170 | |
| 73 | 88 | 52 | 160 | 712 | -204 | 164 | 28 | -41 | 48 | 55 | -90 | |
| -2 | -1 | -3 | -2 | -2 | -4 | -21 | -32 | -30 | -24 | -31 | -22 | |
| Net Cash Flow | 62 | 31 | 11 | 103 | 667 | -729 | -29 | -27 | 31 | -37 | -2 | 58 |
Ratios
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 0 | 0 | 0 | 0 | ||||||||
| Inventory Days | 22,174 | 1,601 | 28,480 | 53,847 | 1,167 | |||||||
| Days Payable | 1,460 | 152 | 5,718 | 6,512 | 161 | |||||||
| Cash Conversion Cycle | 1,006 | 0 | 0 | 0 | ||||||||
| Working Capital Days | -1,181 | -3,473 | -1,254 | -1,663 | ||||||||
| ROCE % | 2% | 3% | 2% | 2% | -35% | -143% | -8% | -8% | 5% | -1% | 31% | -39% |
Documents
Announcements
-
Appeals
26 Dec - OMDC filed two SLPs (Nos. 73816/2025 & 73842/2025) at Supreme Court on 19.12.2025 after HC dismissal (09.12.2025).
- Announcement under Regulation 30 (LODR)-Newspaper Publication 23 Dec
- Outcome Of The Board Meeting 19 Dec
-
Board Meeting Outcome for Unaudited Financial Results For The Quarter/Half Year Ended 30.09.2025
19 Dec - Limited-review clean report; Belkundi/Bhadrasai suspended, Bagiaburu oper. from 14-12-2023; 222.375 acres unregistered, 41.766 acres encroached.
-
Board Meeting Intimation for Board Meeting Intimation
16 Dec - Board meeting on 19-Dec-2025 to approve unaudited Q2 and H1 results ended 30-Sep-2025.
Annual reports
-
Financial Year 2025
from bse
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2016
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from nse
-
Financial Year 2013
from bse
-
Financial Year 2012
from nse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2010
from bse
-
Financial Year 2009
from bse
Status of Operation
The company’s mines remained inoperative and it has not generated any operating revenues in the past few years. It has been working towards the resumption of mining operations in Bagiaburu, Belkundi & Bhadrasahi mines. For this, the company paid compensation along with interest of Rs. 876 Cr by availing loan of Rs.310 Cr, acquiring clearance from Govt. of Odisha and Supreme Court. Also, Stage-II Forest Clearance for Bagiaburu mine is in the advanced stage. [1]