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 ₹ 3,954 Cr.
- Current Price ₹ 6,590
- High / Low ₹ 8,344 / 2,584
- Stock P/E
- Book Value ₹ -43.0
- Dividend Yield 0.00 %
- ROCE -1.48 %
- ROE %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is expected to give good quarter
Cons
- Company has low interest coverage ratio.
- Earnings include an other income of Rs.5.83 Cr.
- Company's cost of borrowing seems high
* 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
Sector: Mining & Mineral products Industry: Mining / Minerals / Metals
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 83 | 36 | 55 | |
54 | 45 | 49 | 40 | 43 | 45 | 296 | 673 | 53 | 36 | 57 | 47 | 53 | |
Operating Profit | -53 | -45 | -49 | -40 | -43 | -45 | -296 | -673 | -53 | -36 | 25 | -11 | 2 |
OPM % | -3,470% | 31% | -31% | 4% | |||||||||
60 | 80 | 75 | 75 | 69 | 62 | 54 | 54 | 28 | 17 | 6 | 10 | 6 | |
Interest | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 4 | 21 | 32 | 30 | 24 | 30 |
Depreciation | -1 | 9 | 9 | 9 | 7 | 5 | 15 | 15 | 2 | 2 | 15 | 2 | 5 |
Profit before tax | 8 | 26 | 17 | 26 | 19 | 12 | -258 | -638 | -48 | -52 | -14 | -27 | -27 |
Tax % | 58% | 51% | 63% | 32% | 44% | 47% | 2% | 29% | -59% | 24% | -7% | 39% | |
3 | 13 | 6 | 18 | 11 | 7 | -253 | -452 | -77 | -40 | -14 | -17 | -11 | |
EPS in Rs | 5.73 | 21.43 | 10.43 | 29.50 | 18.23 | 10.93 | -421.60 | -752.72 | -127.82 | -66.08 | -24.15 | -27.57 | -17.58 |
Dividend Payout % | 15% | 15% | 10% | 15% | 15% | 13% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | 47% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 14% |
3 Years: | 21% |
TTM: | 58% |
Stock Price CAGR | |
---|---|
10 Years: | 10% |
5 Years: | 49% |
3 Years: | 42% |
1 Year: | 143% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | % |
Balance Sheet
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
Reserves | 802 | 812 | 818 | 826 | 836 | 840 | 586 | 134 | 56 | 17 | 3 | -13 | -26 |
0 | 0 | 0 | 0 | 0 | 0 | 40 | 123 | 310 | 312 | 348 | 182 | 97 | |
90 | 100 | 95 | 97 | 136 | 138 | 377 | 429 | 87 | 85 | 114 | 226 | 319 | |
Total Liabilities | 892 | 913 | 913 | 924 | 972 | 979 | 1,004 | 687 | 454 | 416 | 466 | 395 | 390 |
88 | 90 | 84 | 69 | 62 | 57 | 44 | 29 | 27 | 25 | 31 | 29 | 28 | |
CWIP | 3 | 1 | 1 | 2 | 2 | 1 | 1 | 0 | 1 | 3 | 3 | 3 | 3 |
Investments | 4 | 4 | 4 | 4 | 3 | 3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
798 | 818 | 824 | 850 | 906 | 918 | 959 | 657 | 425 | 387 | 431 | 363 | 359 | |
Total Assets | 892 | 913 | 913 | 924 | 972 | 979 | 1,004 | 687 | 454 | 416 | 466 | 395 | 390 |
Cash Flows
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-57 | -81 | -8 | -56 | -38 | -55 | -44 | -520 | -171 | -23 | 102 | -60 | |
57 | 61 | 73 | 88 | 52 | 160 | 712 | -204 | 164 | 28 | -41 | 48 | |
-1 | -1 | -2 | -1 | -3 | -2 | -2 | -4 | -21 | -32 | -30 | -24 | |
Net Cash Flow | -2 | -21 | 62 | 31 | 11 | 103 | 667 | -729 | -29 | -27 | 31 | -37 |
Ratios
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 291 | 0 | 0 | |||||||||
Inventory Days | 9,261 | 22,174 | 1,601 | 28,480 | 53,847 | 1,167 | ||||||
Days Payable | 1,530 | 1,460 | 152 | 5,718 | 6,512 | 161 | ||||||
Cash Conversion Cycle | 8,022 | 1,006 | 0 | |||||||||
Working Capital Days | 4,774 | -240 | -1,672 | |||||||||
ROCE % | 1% | 3% | 2% | 3% | 2% | 2% | -35% | -143% | -8% | -8% | 5% | -1% |
Documents
Announcements
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 15 Apr
- Closure of Trading Window 2 Apr
-
Announcement under Regulation 30 (LODR)-Cessation
29 Mar - Of Resignation of Smt. T.N. Sarasu(Independent Director)
- Appointment Of MD 22 Feb
- Announcement under Regulation 30 (LODR)-Cessation 22 Feb
Annual reports
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2016
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from nse
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Financial Year 2013
from bse
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Financial Year 2012
from nse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
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Financial Year 2010
from bse
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Financial Year 2009
from bse
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Financial Year 2008
from bse
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Financial Year 2007
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]