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 ₹ 3,222 Cr.
- Current Price ₹ 5,370
- High / Low ₹ 9,100 / 4,310
- Stock P/E
- Book Value ₹ -86.0
- Dividend Yield 0.00 %
- ROCE -39.3 %
- ROE %
- Face Value ₹ 1.00
Pros
Cons
- Company has low interest coverage ratio.
- Contingent liabilities of Rs.2,060 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 | 70 | |
49 | 40 | 43 | 45 | 296 | 673 | 53 | 36 | 57 | 47 | 59 | 93 | 101 | |
Operating Profit | -49 | -40 | -43 | -45 | -296 | -673 | -53 | -36 | 25 | -11 | 24 | -28 | -31 |
OPM % | 31% | -31% | 29% | -44% | -44% | ||||||||
75 | 75 | 69 | 62 | 54 | 54 | 28 | 17 | 6 | 10 | 7 | 6 | 7 | |
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 | -49 |
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 | -41 | |
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 | -68.21 |
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: | -24% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 8% |
3 Years: | % |
TTM: | -362% |
Stock Price CAGR | |
---|---|
10 Years: | 9% |
5 Years: | 20% |
3 Years: | 25% |
1 Year: | -40% |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
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 |
Reserves | 818 | 826 | 836 | 840 | 586 | 134 | 56 | 17 | 3 | -13 | -11 | -52 |
0 | 0 | 0 | 0 | 40 | 123 | 310 | 312 | 348 | 182 | 9 | 186 | |
95 | 97 | 136 | 138 | 377 | 429 | 87 | 85 | 114 | 226 | 344 | 403 | |
Total Liabilities | 913 | 924 | 972 | 979 | 1,004 | 687 | 454 | 416 | 466 | 395 | 342 | 538 |
84 | 69 | 62 | 57 | 44 | 29 | 27 | 25 | 31 | 29 | 28 | 25 | |
CWIP | 1 | 2 | 2 | 1 | 1 | 0 | 1 | 3 | 3 | 3 | 0 | 111 |
Investments | 4 | 4 | 3 | 3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
824 | 850 | 906 | 918 | 959 | 657 | 425 | 387 | 431 | 363 | 314 | 401 | |
Total Assets | 913 | 924 | 972 | 979 | 1,004 | 687 | 454 | 416 | 466 | 395 | 342 | 538 |
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
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Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s
2d - SDR & Associates reappointed as Orissa Minerals Development Company's statutory auditor for FY 2025-26 (CAG communication, dated 13.10.2025).
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AGM Extension
7 Oct - ROC granted 3-month extension to hold 107th AGM until 31 Dec 2025.
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Volume Movement
7 Oct - Company informs exchanges there is no price-sensitive information as of October 7, 2025.
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Closure of Trading Window
6 Oct - Trading window closed from 1 Oct 2025 until 48 hours after unaudited results for quarter ended 30 Sep 2025.
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Clarification sought from Orissa Minerals Development Company Ltd
6 Oct - Exchange has sought clarification from Orissa Minerals Development Company Ltd on October 6, 2025, with reference to Movement in Volume.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2020
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Financial Year 2019
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Financial Year 2016
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Financial Year 2014
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Financial Year 2013
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Financial Year 2013
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Financial Year 2012
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2009
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Financial Year 2008
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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]