Orissa Minerals

Which are the latest news on Orissa Minerals?

Why is Orissa Minerals Development Company Ltd falling/rising?

As of 20-Jun, the stock price of Orissa Minerals Development Company Ltd is declining, currently at 4,115.35, down 2.57%. The stock has underperformed its sector and the market over the past year, with concerning financial health and declining investor participation.

As of 20-Jun, the stock price of Orissa Minerals Development Company Ltd is falling, currently at 4,115.35, reflecting a decrease of 108.7 points or 2.57%. This decline is part of a broader trend, as the stock has been losing value for the last two days, with a total drop of 3.47% during this period. Additionally, the stock has underperformed its sector by 2.84% today.<BR><BR>The stock's performance over the past year has also been poor, with a return of -13.90%, significantly underperforming the market, which has generated returns of 1.23% in the same timeframe. The company's financial health is concerning, highlighted by a negative book value of Rs 51.58 crore and a negative EBITDA of Rs -17.8 crore. Despite reporting positive results in the last two quarters, the long-term growth prospects appear weak, with net sales growing at an annual rate of only 135.76% and operating profit stagnating at 0% over the last five years.<BR><BR>Investor participation has also declined, as evidenced by a 16.9% drop in delivery volume compared to the five-day average. Although the stock is trading above its shorter-term moving averages, it remains below its 200-day moving average, indicating a bearish trend. Overall, these factors contribute to the stock's current downward movement.

Should I buy, sell or hold Orissa Minerals Development Company Ltd?

How big is Orissa Minerals?

As of 10th June, Orissa Minerals Development Company Ltd has a market capitalization of 2,400.00 Cr, with recent net sales of 71.84 Cr and a net profit loss of 26.75 Cr over the last four quarters.

As of 10th June, <BR><BR>Market Cap: Orissa Minerals Development Company Ltd has a market capitalization of 2,400.00 Cr, categorizing it as a Small Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 71.84 Cr, while the sum of Net Profit for the same period reflects a loss of 26.75 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the balance sheet is March 2025. Shareholder's Funds stand at a loss of 51.58 Cr, and Total Assets are valued at 342.39 Cr.

Who are in the management team of Orissa Minerals?

The management team of Orissa Minerals includes Swapna Bhattacharya, Sohanlal Kadel, Atul Bhatt, Deb Kalyan Mohanty, A.K. Saxena, M Saravanan, T N Sarasu, Sidharth Shambhu, and Tapas Ranjan Mallick, featuring a mix of nominees and independent directors for effective governance.

The management team of Orissa Minerals includes the following individuals:<BR><BR>1. **Swapna Bhattacharya** - Nominee (Government)<BR>2. **Sohanlal Kadel** - Independent Director<BR>3. **Atul Bhatt** - Chairman (Non-Executive)<BR>4. **Deb Kalyan Mohanty** - Managing Director<BR>5. **A.K. Saxena** - Nominee<BR>6. **M Saravanan** - Independent Director<BR>7. **T N Sarasu** - Independent Director<BR>8. **Sidharth Shambhu** - Independent Director<BR>9. **Tapas Ranjan Mallick** - Nominee (LIC)<BR><BR>This team comprises a mix of nominees and independent directors, with a focus on governance and oversight within the company.

Who are the peers of the Orissa Minerals?

Peers of Orissa Minerals include GMDC, Gravita India, Ashapura Minech., MOIL, 20 Microns, NILE, Goa Carbon, Asi Industries, and South Magnesium. Ashapura Minech. has the highest 1-year return at 73.95%, while MOIL has the lowest at -27.72%, with Orissa Minerals at -25.78%.

Peers: The peers of Orissa Minerals are GMDC, Gravita India, Ashapura Minech., MOIL, 20 Microns, NILE, Goa Carbon, Asi Industries, and South. Magnesium.<BR><BR>Quality Snapshot: Excellent management risk is observed at Gravita India and South. Magnesium, while Good management risk is found at MOIL. Average management risk is present at GMDC, NILE, 20 Microns, Goa Carbon, Asi Industries, and the rest. Growth is Excellent at Gravita India and Ashapura Minech., while Good growth is noted at GMDC. Below Average growth is found at MOIL, 20 Microns, Goa Carbon, Asi Industries, and the rest. Capital Structure is Excellent at GMDC, NILE, and Asi Industries, while Good capital structure is seen at Gravita India and South. Magnesium. Below Average capital structure is noted at Ashapura Minech., while Average capital structure is found at 20 Microns, Goa Carbon, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Ashapura Minech. at 73.95%, while the peer with the lowest is MOIL at -27.72%. Orissa Minerals has a 1-year return of -25.78%, which is higher than MOIL's but lower than Ashapura Minech.'s. Additionally, several peers, including Gravita India, MOIL, 20 Microns, Goa Carbon, Asi Industries, and South. Magnesium, have negative six-month returns.

What does Orissa Minerals do?

Orissa Minerals Development Company Ltd is a small-cap Indian company engaged in mining and producing iron ore, manganese ore, and sponge iron. It was established in 1918 and reported net sales of 21 Cr and net profit of 4 Cr for December 2025.

Overview: <BR>Orissa Minerals Development Company Ltd is a small-cap company in the Minerals & Mining industry, primarily engaged in mining and producing iron ore and manganese ore, as well as sponge iron.<BR><BR>History: <BR>The company was incorporated in 1918, making it one of the oldest iron ore mining companies in India. The latest quarterly results reported net sales and net profit for December 2025.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 21 Cr (Quarterly Results - Dec 2025) <BR>Most recent Net Profit: 4 Cr (Quarterly Results - Dec 2025) <BR>Market-cap value: INR 2,400 Cr (Small Cap)<BR><BR>Key Metrics: <BR>P/E: N/A <BR>Industry P/E: 32 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: -2.39 <BR>Return on Equity: 51.86% <BR>Price to Book: -46.69<BR><BR>Contact Details: <BR>Address: Sail Off Ground Floor 271 Unit, VSastri nagar Bhubaneshwar Orissa : 700091 <BR>Tel: 0674-2391595 <BR>Email: info.birdgroup@birdgroup.co.in <BR>Website: http://www.birdgroup.co.in

Are Orissa Minerals Development Company Ltd latest results good or bad?

Orissa Minerals Development Company Ltd's latest results show a net profit increase of 38.22% to ₹4.34 crores, but declining net sales and negative shareholder equity raise concerns about sustainability, making the overall outlook cautious and the investment risky.

The latest results for Orissa Minerals Development Company Ltd present a mixed picture. On one hand, the company reported a net profit of ₹4.34 crores for Q3 FY26, which is a significant improvement of 38.22% compared to the previous quarter. Additionally, the operating margin reached 50.36%, the highest in eight quarters, indicating effective cost management and operational efficiency.<BR><BR>However, there are serious concerns regarding the sustainability of this profitability. Net sales declined by 17.99% quarter-on-quarter to ₹20.61 crores, suggesting that the profit increase was primarily due to cost control rather than revenue growth. The company has also faced a significant decline in its stock price over the past year, down 22.78%, which is worse than the broader market's performance.<BR><BR>Moreover, the company's financial health is troubling, with negative shareholder equity of ₹51.58 crores and a history of substantial losses, including a ₹40 crore loss in FY25. Institutional investors are reducing their exposure, reflecting a lack of confidence in the company's turnaround potential.<BR><BR>In summary, while there are some positive signs in terms of profitability metrics, the underlying challenges, particularly the declining sales and negative equity, suggest that the overall outlook remains cautious. The company's performance can be characterized as a tactical improvement rather than a solid recovery, making it a risky investment at this time.

When is the next results date for Orissa Minerals?

The next results date for Orissa Minerals is 19 December 2025.

The next results date for Orissa Minerals is scheduled for 19 December 2025.

Is Orissa Minerals technically bullish or bearish?

As of November 28, 2025, the trend has shifted to mildly bearish due to bearish MACD signals and Bollinger Bands, despite some short-term strength indicated by daily moving averages.

As of 28 November 2025, the technical trend has changed from mildly bullish to mildly bearish. The current stance is mildly bearish, driven by bearish signals from the MACD on both weekly and monthly time frames, as well as bearish indications from Bollinger Bands. The KST shows a mixed picture with a bullish weekly signal but a bearish monthly signal. The Dow Theory indicates a mildly bearish weekly trend, while the daily moving averages remain mildly bullish, suggesting some short-term strength. Overall, the combination of these indicators points to a bearish outlook with limited strength.

How has been the historical performance of Orissa Minerals?

Orissa Minerals has experienced significant financial fluctuations, with net sales declining from 82.28 Cr in Mar'24 to 64.62 Cr in Mar'25, and operating profit dropping to -28.45 Cr in Mar'25. The company reported substantial losses, including a profit after tax of -40.22 Cr in Mar'25, indicating ongoing operational challenges.

Answer:<BR>The historical performance of Orissa Minerals shows significant fluctuations in its financial metrics over the years, particularly in net sales, operating profit, and profit after tax.<BR><BR>Breakdown:<BR>Orissa Minerals reported net sales of 64.62 Cr in Mar'25, a decline from 82.28 Cr in Mar'24 and 82.68 Cr in Mar'22, but an increase from 35.53 Cr in Mar'23. The total operating income mirrored this trend, with figures of 64.62 Cr in Mar'25, 82.28 Cr in Mar'24, and 35.53 Cr in Mar'23. The company faced substantial challenges, reflected in its operating profit, which was -28.45 Cr in Mar'25, down from 23.07 Cr in Mar'24, and -11.52 Cr in Mar'23. Profit before tax also deteriorated, reaching -48.40 Cr in Mar'25 compared to -5.31 Cr in Mar'24. Profit after tax showed a loss of -40.22 Cr in Mar'25, a decrease from a profit of 2.82 Cr in Mar'24. The company's total liabilities decreased to 154.62 Cr in Mar'24 from 216.25 Cr in Mar'23, while total assets also fell to 154.62 Cr in Mar'24 from 216.25 Cr in Mar'23. Cash flow from operating activities remained negative at -25.00 Cr in Mar'24, indicating ongoing operational challenges. Overall, the financial data illustrates a volatile performance with significant losses and declining revenues in recent years.

Is Orissa Minerals overvalued or undervalued?

As of November 14, 2022, Orissa Minerals is considered a risky investment due to its high valuation metrics, including a PE ratio of 648.22 and negative financial indicators, despite having previously outperformed the Sensex over the long term.

As of 14 November 2022, the valuation grade for Orissa Minerals moved from very expensive to risky. The company appears to be overvalued, given its exceptionally high PE ratio of 648.22, an EV to EBITDA of 143.05, and a PEG ratio of 4.54. These metrics indicate significant overvaluation compared to its peers, such as Altius Telecom, which has a PE ratio of 52.97, and Sagility India, with a PE ratio of 33.73.<BR><BR>The negative price to book value of -284.29 and negative return on equity further underscore the financial challenges faced by Orissa Minerals. While the stock has shown strong returns over the longer term, outperforming the Sensex over 3 and 5 years, its recent performance has lagged, with a year-to-date return of -26.33% compared to the Sensex's 5.59%. This combination of high valuation ratios and poor recent performance suggests that Orissa Minerals is not a favorable investment at its current price of 5250.35.

Who are the top shareholders of the Orissa Minerals?

The top shareholder of Orissa Minerals is Eastern Investments Limited, holding 50.01% of the shares. Other significant shareholders include individual investors (24.32%), mutual funds (3.08%), and foreign institutional investors (2.18%), with no pledged promoter holdings.

The top shareholders of Orissa Minerals include Eastern Investments Limited, which holds the largest stake at 50.01%. The company also has a diverse shareholder base, with individual investors owning 24.32% of the shares. Additionally, there are 6 mutual fund schemes collectively holding 3.08%, and 44 foreign institutional investors (FIIs) holding 2.18%. The highest public shareholder is Lici Asm Non Par, with a stake of 6.55%. Overall, the majority of the shares are held by promoters, and there are no pledged promoter holdings.

Has Orissa Minerals declared dividend?

Yes, Orissa Minerals Development Company Ltd has declared a dividend of 146% (₹1.46 per share) as of September 7, 2017. However, the dividend yield is 0%, indicating no contribution to returns in recent periods, despite strong long-term price performance.

Orissa Minerals Development Company Ltd has declared a dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 146%<BR>- Amount per share: 1.46<BR>- Ex-date: 07 Sep 17<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -33.39%, with a dividend return of 0%, resulting in a total return of -33.39%.<BR><BR>Over the past year, the price return was -17.82%, with a dividend return of 0%, leading to a total return of -17.82%.<BR><BR>In the 2-year period, the price return was 90.62%, with a dividend return of 0%, culminating in a total return of 90.62%.<BR><BR>For the 3-year period, the price return was 84.65%, with a dividend return of 0%, resulting in a total return of 84.65%.<BR><BR>In the last 4 years, the price return was 47.5%, with a dividend return of 0%, leading to a total return of 47.5%.<BR><BR>Over the past 5 years, the price return was 201.62%, with a dividend return of 0%, culminating in a total return of 201.62%.<BR><BR>Overall, while Orissa Minerals has declared a dividend, the dividend yield remains at 0%, indicating that the dividend has not contributed to returns in recent periods. The total returns show significant variability, with strong performance over longer periods despite recent declines.