Orissa Minerals Development Company Ltd

Orissa Minerals Development Company Ltd

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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]

  • Market Cap Cr.
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Pros

Cons

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Peer comparison

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Part of Nifty Total Market Nifty Microcap 250

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Quarterly Results

Figures in Rs. Crores

Operating Profit
OPM %
Interest
Depreciation
Profit before tax
Tax %
EPS in Rs
Raw PDF

Profit & Loss

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Operating Profit
OPM %
Interest
Depreciation
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Tax %
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Dividend Payout %
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Balance Sheet

Figures in Rs. Crores

Equity Capital
Reserves
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Investments
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Cash Flows

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Net Cash Flow

Ratios

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Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
50.01% 50.01% 50.01% 50.01% 50.01% 50.01% 50.01% 50.01% 50.01% 50.01% 50.01% 50.01%
0.20% 0.23% 0.25% 0.30% 0.32% 0.50% 1.23% 1.52% 1.66% 1.90% 1.95% 2.17%
9.63% 9.63% 9.22% 9.10% 9.15% 11.17% 10.92% 10.99% 11.01% 11.03% 11.05% 11.10%
40.15% 40.12% 40.52% 40.58% 40.51% 38.31% 37.82% 37.47% 37.32% 37.05% 36.98% 36.72%
No. of Shareholders 20,86520,31919,30919,38018,13817,24919,70419,72620,49621,06121,13521,204

* 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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