MarketFriction

Orissa Minerals Development Company Ltd

NSE ORISSAMINE · BSE 590086 · Industrial Minerals
₹3,538.60 -3.09%
NSE close2026-10-01
52 week range3,100.50 - 6,138.90
Market cap₹2,209 Cr.
P/E665
Price band 20% Delivery 38.5%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales16.6228.2833.9813.8723.3920.626.7219.3725.1320.6129.0028.65
Expenses13.6115.8420.5910.7816.6822.6443.2618.4817.9310.2438.3419.63
Operating Profit3.0112.4413.393.096.71-2.02-36.540.897.2010.37-9.349.02
OPM %18.11%43.99%39.41%22.28%28.69%-9.80%-543.75%4.59%28.65%50.32%-32.21%31.48%
Other Income1.770.243.400.790.530.544.521.661.280.512.450.84
Interest7.467.355.525.395.486.355.195.184.894.734.654.81
Depreciation0.563.010.750.570.570.572.150.150.320.280.210.27
Profit before tax-3.242.3210.52-2.081.19-8.40-39.36-2.783.275.87-11.754.78
Tax %-159.26%0.00%-28.23%0.00%33.61%-10.71%-19.54%0.00%3.67%26.06%-35.23%28.03%
Net Profit1.922.3213.49-2.080.79-7.49-31.67-2.793.144.34-7.613.45
EPS in Rs3.203.8722.48-3.471.32-12.48-52.78-4.655.237.23-12.685.75
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales0000008336826594103
Expenses43452966735336574759938586
Operating Profit-43-45-296-673-53-3625-1124-28917
OPM %31%-31%29%-43%10%17%
Other Income6962545428176107665
Interest00142132302431221919
Depreciation751515221525411
Profit before tax1912-258-638-48-52-14-27-5-48-52
Tax %44%47%-2%-29%59%-24%7%-39%-153%-17%-46%
Net Profit117-253-452-77-40-14-173-40-33
EPS in Rs18.2310.93-421.60-752.72-127.82-66.08-24.15-27.574.70-67.03-4.855.53
Dividend Payout %15%13%0%0%0%0%0%0%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth%%38%47%
Compounded Profit Growth%14%22%108%
Stock Price CAGR6%5%-12%-21%
Return on Equity%%%%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital0.600.600.600.600.600.600.600.600.600.600.600.60
Reserves82683684058613456173-13-11-52-55
Borrowings000401233103123481829186212
Other Liabilities971361383774298785114226344403422
Total Liabilities9249729791,004687454416466395342538580
Fixed Assets696257442927253129282524
CWIP2211013330111187
Investments433000000000
Other Assets850906918959657425387431363314401369
Total Assets9249729791,004687454416466395342538580
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-56-38-55-44-520-171-23102-60-2617035
Cash from Investing Activity8852160712-20416428-414855-90-72
Cash from Financing Activity-1-3-2-2-4-21-32-30-24-31-22-19
Net Cash Flow3111103667-729-29-2731-37-258-56
Free Cash Flow-57-40-55-43-520-172-2680-60-2658-41
CFO/OP106%66%104%13%76%321%58%407%537%-110%-610%393%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days00000
Inventory Days22,1741,60128,48053,8471,167
Days Payable1,4601525,7186,512161
Cash Conversion Cycle1,0060000
Working Capital Days-1,181-3,473-1,077-1,663-1,247
ROCE %3%2%2%-35%-143%-8%-8%5%-1%31%-39%10%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters50.01%50.01%50.01%50.01%50.01%50.01%50.01%50.01%50.01%50.01%50.01%50.01%
FIIs0.50%1.23%1.52%1.66%1.90%1.95%2.17%0.53%0.53%0.44%0.74%0.51%
DIIs11.17%10.92%10.99%11.01%11.03%11.05%11.10%11.11%10.95%10.95%10.93%10.93%
Public38.31%37.82%37.47%37.32%37.05%36.98%36.72%38.35%38.50%38.59%38.32%38.54%
No. of Shareholders17,24919,70419,72620,49621,06121,13521,20423,33723,73123,58423,70223,828

Fundamentals

Market Cap₹ 2,209 Cr.
Current Price₹ 3,673
Stock P/E665
Book Value₹ -91.1
ROCE9.64 %
ROE%
Dividend Yield0.00 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)47%
Compounded Profit Growth (TTM)108%
Standalone figures.
Valuation
Market capRs 2,128 Cr
Enterprise valueRs 2,333 Cr
P/E (TTM)640.85x
Price to book-38.94x
Price to sales20.58x
EV / EBITDA104.49x
EV / EBIT109.80x
EV / sales22.57x
Price to cash flow60.84x
Earnings yield0.16%
P/E, 3-year average1258.12x
P/B, 3-year average-194.21x
P/E, 5-year average1258.12x
P/B, 5-year average-3.79x
Profitability
Operating margin (excl. other income)9.69%
Operating margin (incl. other income)15.96%
EBITDA margin21.60%
Pre-tax margin2.10%
Net profit margin3.21%
Net margin, latest quarter12.04%
ROE5.48%
ROCE9.64%
ROA-0.52%
ROE, 3-year average36.87%
ROCE, 3-year average0.19%
ROA, 3-year average-2.97%
ROE, 5-year average66.66%
ROCE, 5-year average0.86%
ROA, 5-year average-3.21%
ROIC (approx.)7.59%
Tax rate46.11%
Other income / net worth-10.80%
Growth
Sales growth (latest year)45.62%
Sales CAGR, 3 years38.36%
Sales growth QoQ-1.21%
Sales growth YoY (latest quarter)47.91%
Per share
EPS (TTM)Rs 5.52
EPS (latest quarter)Rs 5.74
EPS, 3-year averageRs -31.17
EPS, 5-year averageRs -28.51
Book value per shareRs -90.88
Sales per shareRs 171.95
Cash flow per shareRs 58.16
Free cash flow per shareRs -68.19
Efficiency
Asset turnover0.16x
Fixed asset turnover4.00x
Inventory turnover-0.34x
Creditor days161 days
Cash conversion cycle0 days
Working capital days-1247 days
Leverage
Total debtRs 212 Cr
Cash and bankRs 6 Cr
Net debtRs 206 Cr
Debt to equity-3.88x
Net debt / EBITDA9.21x
Interest coverage1.11x
Current ratio (filing 2026-03-31)0.35x
Quick ratio (filing 2026-03-31)0.26x
Trade payables (filing 2026-03-31)Rs 5 Cr
Owners' fund to total sources-9.43%
Debt to assets36.56%
Cash flow
Cash from Operating Activity (latest year)Rs 35 Cr
Cash from Investing Activity (latest year)Rs -72 Cr
Cash from Financing Activity (latest year)Rs -19 Cr
Net Cash Flow (latest year)Rs -56 Cr
Free cash flow (latest year)Rs -41 Cr
FCFE (approx.: FCF + change in debt)Rs -15 Cr
Sales to cash flow2.69x
Statement figures
Net sales (TTM)Rs 103 Cr
Net sales (latest year)Rs 94 Cr
Sales (latest quarter)Rs 29 Cr
Operating profit excl. other income (latest year)Rs 9 Cr
Operating profit (latest quarter)Rs 9 Cr
Other income (TTM)Rs 5 Cr
EBITDA (TTM)Rs 22 Cr
PBDT (TTM)Rs 3 Cr
Profit before tax (TTM)Rs 2 Cr
Tax (latest year)Rs -2 Cr
Net profit (TTM)Rs 3 Cr
Net profit (latest year)Rs -3 Cr
Net profit (latest quarter)Rs 3 Cr
Depreciation (TTM)Rs 1 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 19 Cr
Cost of goods sold (latest year)Rs -15 Cr
Total expenditure (latest year)Rs 85 Cr
Total income (latest year)Rs 100 Cr
Share capitalRs 1 Cr
ReservesRs -55 Cr
Shareholders' fundsRs -55 Cr
Total assetsRs 580 Cr
Net blockRs 24 Cr
Capital work in progressRs 187 Cr
InvestmentsRs 0 Cr
InventoryRs 44 Cr
Other liabilitiesRs 422 Cr
Shares outstanding (crore)0.60
Ownership
Promoter holding50.01% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
PeriodORISSAMINENifty 50Difference
1 week-4.8%-2.8% -2.0 pts
1 month-18.2%-6.8% -11.4 pts
3 months-9.8%-7.6% -2.2 pts
6 months+13.2%+0.4% +12.8 pts
1 year-28.4%-9.9% -18.5 pts
2 years-61.9%-13.6% -48.3 pts
3 years-33.6%+14.2% -47.7 pts
5 years+23.9%+27.9% -4.0 pts
2 mutual fund schemes hold about ₹68 Cr. Over three months 1 bought more and 1 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
Quant Small Cap Fund0.13%46 +10%
Quant Infrastructure Fund0.69%22 -12%

Red flags

F-score 6 of 8
seriousNegative equity Shareholders' equity is negative
lookRepeated losses Net loss in each of the last two years
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹29 Cr +47.9% vs Jun 2025. Net profit ₹3 Cr +223.7%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2024-12-18Annual General Meeting
2023-12-15Annual General Meeting
2022-09-21Annual General Meeting
2021-09-21 Annual General Meeting
2020-12-08 Annual General Meeting
2019-09-20 Annual General Meeting
2019-07-03 Extra Ordinary General Meeting
2018-09-17 Annual General Meeting
2017-09-07 Annual General Meeting/Dividend - Rs 1.46 Per Share
2016-09-16 Annual General Meeting/Dividend - Rs 2.66 Per Share
2015-09-14 Annual General Meeting/ Dividend - Rs 4.43/- Per Share
2014-09-12Annual General Meeting And Dividend Rs.1.04 Per Share
2013-09-10Annual General Meeting And Dividend Rs.3.22 Per Share
2012-10-29Face Value Split From Rs.10/- To Re.1/-0.1000
2012-09-10Annual General Meeting And Dividend Rs.8.61 Per Share
2011-09-06Annual General Meeting And Dividend Rs.19.30 Per Share
DateTypeWhat it says
2026-09-30General UpdatesGeneral Updates
2026-09-22General UpdatesGeneral Updates
2026-09-17Board meeting outcomeFinancial Results for the quarter ended 30.06.2026
2026-09-08General UpdatesGeneral Updates
2026-08-13General UpdatesGeneral Updates
2026-07-31General UpdatesGeneral Updates
2026-07-28General UpdatesGeneral Updates
2026-07-24Board meeting outcomeThe Orissa Minerals Development Company Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
2026-07-17UpdatesAppointment of Independent Director.
2026-07-08UpdatesAppointment of LIC Nominee Director.
2026-05-26UpdatesAppointment of Non Executive Chairman.
2026-05-26Disclosure under SEBI TakeovEastern Investments Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (S...
2026-05-14General UpdatesGeneral Updates
2026-04-29General UpdatesGeneral Updates
2026-04-21Structural Digital DatabaseSDD Certificate for the FY ended 31.03.2026
2026-03-18UpdatesAppointment of Managing Director.
2026-03-04Reply to Clarification- FinaThe Exchange had sought clarification from The Orissa Minerals Development Company Limited for the quarter ended 30-Sep-2025 with respect to Regulatio...
2026-02-12Updates.
2026-02-11Board meeting outcomeThe Orissa Minerals Development Company Limited has submitted to the Exchange, the financial results for the period ended December 31, 2025.
2026-02-11Board meeting outcomeBoard meeting held on February 11, 2026.
2026-02-03UpdatesAppointment of Chairman.
2026-01-20Structural Digital DatabaseSDD Certificate for the quarter ended 31st Dec 2025
2026-01-08Clarification - Financial ReThe Exchange has sought clarification from The Orissa Minerals Development Company Limited for the quarter ended 30-Sep-2025 with respect to Regulatio...
2025-12-26General UpdatesGeneral Updates
2025-12-19Board meeting outcomeOUTCOME OF THE BOARD MEETING
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Order dateForumCase
2020-12-02NCLTJai Balaji Industries Ltd. Vs The Orissa Minerals Development Co. Ltd.
2020-09-30NCLTVs The Orissa Minerals Development Company Ltd.
2020-09-21NCLTJAI BALAJI INDUSTRIES LIMITED Vs THE ORISSA MINERALS DEVELOPMENT COMPANY LIMITED
2020-09-21NCLTJAI BALAJI INDUSTRIES LIMITED Vs THE ORISSA MINERALS DEVELOPMENT COMPANY LIMITED
2018-04-05NCLATThe Orissa Minerals Development Co. Ltd. VS Orissa Stevedores Ltd. & Anr.
2018-04-02NCLATThe Orissa Minerals Development Company Limited VS Orissa Stevedores Ltd. & Anr.
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
Scrip PE is greater than 50 (4 trailing quarters)
Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.Updated 2026-10-03