Orissa Minerals Development Company Ltd

Orissa Minerals Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Orissa Minerals Development Company Ltd

₹ 7,705 1.19%
11 Dec 4:00 p.m.
birdgroup.co.in/omdc BSE: 590086 NSE: ORISSAMINE
About

Orissa Minerals Development Company Limited was incorporated in 1918. It operates various Iron Ore and Manganese Ore in various districts through leases. [1]

Key Points

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]

Website BSE NSE
  • Market Cap ₹ 4,613 Cr.
  • Current Price ₹ 7,705
  • High / Low ₹ 9,721 / 4,734
  • Stock P/E 318
  • Book Value ₹ -20.0
  • Dividend Yield 0.00 %
  • ROCE 30.7 %
  • ROE %
  • Face Value ₹ 1.00
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Pros

  • Company has reduced debt.
  • Company is expected to give good quarter

Cons

  • Company has low interest coverage ratio.
  • Contingent liabilities of Rs.2,060 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

Part of Nifty Total Market Nifty Microcap 250

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Quarterly Results

Figures in Rs. Crores

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
40.08 29.73 8.97 15.46 5.20 7.91 6.96 3.40 16.62 28.28 33.98 13.87 23.39
17.17 18.65 10.87 13.30 7.46 11.74 14.55 9.18 13.61 15.84 20.59 10.78 16.68
Operating Profit 22.91 11.08 -1.90 2.16 -2.26 -3.83 -7.59 -5.78 3.01 12.44 13.39 3.09 6.71
OPM % 57.16% 37.27% -21.18% 13.97% -43.46% -48.42% -109.05% -170.00% 18.11% 43.99% 39.41% 22.28% 28.69%
1.60 2.43 1.73 5.25 2.58 1.01 2.12 1.70 1.77 0.24 3.40 0.79 0.53
Interest 6.92 7.79 7.17 7.37 6.69 5.51 4.86 10.28 7.46 7.35 5.52 5.39 5.48
Depreciation 0.49 13.41 0.42 0.66 0.59 0.55 0.43 0.56 0.56 3.01 0.75 0.57 0.57
Profit before tax 17.10 -7.69 -7.76 -0.62 -6.96 -8.88 -10.76 -14.92 -3.24 2.32 10.52 -2.08 1.19
Tax % 0.76% -37.84% 19.20% 209.68% -15.95% 0.11% -101.12% 0.00% -159.26% 0.00% -28.23% 0.00% 33.61%
16.97 -4.78 -9.25 -1.91 -5.86 -8.89 0.12 -14.91 1.92 2.32 13.49 -2.08 0.79
EPS in Rs 28.28 -7.97 -15.42 -3.18 -9.77 -14.82 0.20 -24.85 3.20 3.87 22.48 -3.47 1.32
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
0 0 0 0 0 0 0 0 0 83 36 82 100
45 49 40 43 45 296 673 53 36 57 47 59 64
Operating Profit -45 -49 -40 -43 -45 -296 -673 -53 -36 25 -11 24 36
OPM % 31% -31% 29% 36%
80 75 75 69 62 54 54 28 17 6 10 7 5
Interest 0 0 0 0 0 1 4 21 32 30 24 31 24
Depreciation 9 9 9 7 5 15 15 2 2 15 2 5 5
Profit before tax 26 17 26 19 12 -258 -638 -48 -52 -14 -27 -5 12
Tax % 51% 63% 32% 44% 47% -2% -29% 59% -24% 7% -39% -153%
13 6 18 11 7 -253 -452 -77 -40 -14 -17 3 15
EPS in Rs 21.43 10.43 29.50 18.23 10.93 -421.60 -752.72 -127.82 -66.08 -24.15 -27.57 4.70 24.20
Dividend Payout % 15% 10% 15% 15% 13% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 185%
Compounded Profit Growth
10 Years: -7%
5 Years: 15%
3 Years: 27%
TTM: 165%
Stock Price CAGR
10 Years: 10%
5 Years: 41%
3 Years: 48%
1 Year: 9%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
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 812 818 826 836 840 586 134 56 17 3 -13 -11 -13
0 0 0 0 0 40 123 310 312 348 182 9 9
100 95 97 136 138 377 429 87 85 114 226 344 354
Total Liabilities 913 913 924 972 979 1,004 687 454 416 466 395 342 351
90 84 69 62 57 44 29 27 25 31 29 28 27
CWIP 1 1 2 2 1 1 0 1 3 3 3 0 1
Investments 4 4 4 3 3 0 0 0 0 0 0 0 0
818 824 850 906 918 959 657 425 387 431 363 314 323
Total Assets 913 913 924 972 979 1,004 687 454 416 466 395 342 351

Cash Flows

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-81 -8 -56 -38 -55 -44 -520 -171 -23 102 -60 -26
61 73 88 52 160 712 -204 164 28 -41 48 55
-1 -2 -1 -3 -2 -2 -4 -21 -32 -30 -24 -31
Net Cash Flow -21 62 31 11 103 667 -729 -29 -27 31 -37 -2

Ratios

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 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
Working Capital Days -240 -1,672 -1,246
ROCE % 3% 2% 3% 2% 2% -35% -143% -8% -8% 5% -1% 31%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
50.01% 50.01% 50.01% 50.01% 50.01% 50.01% 50.01% 50.01% 50.01% 50.01% 50.01% 50.01%
3.17% 0.20% 0.20% 0.23% 0.25% 0.30% 0.32% 0.50% 1.23% 1.52% 1.66% 1.90%
12.45% 10.11% 9.63% 9.63% 9.22% 9.10% 9.15% 11.17% 10.92% 10.99% 11.01% 11.03%
34.37% 39.67% 40.15% 40.12% 40.52% 40.58% 40.51% 38.31% 37.82% 37.47% 37.32% 37.05%
No. of Shareholders 18,53124,46620,86520,31919,30919,38018,13817,24919,70419,72620,49621,061

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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Documents

Announcements

Annual reports