What does Orissa Minerals do?

Jun 06 2025 04:51 PM IST
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Orissa Minerals Development Company Ltd is a small-cap Indian company engaged in mining and producing iron ore, manganese ore, and sponge iron. As of December 2024, it reported net sales of 21 Cr and a net loss of 7 Cr, with a market cap of Rs 3,072 Cr.
Overview:
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.

History:
Incorporated in 1918, Orissa Minerals Development Company Ltd is one of the oldest iron ore mining companies in India. The latest quarterly results reported net sales and net profit for December 2024.

Financial Snapshot:
- Net Sales: 21 Cr (Quarterly Results - Dec 2024)
- Net Profit: -7 Cr (Quarterly Results - Dec 2024)
- Market Cap: Rs 3,072 Cr (Small Cap)

Key Metrics:
- P/E: 632.00
- Industry P/E: 32
- Dividend Yield: 0.00%
- Debt-Equity: 2.30
- Return on Equity: -43.86%
- Price to Book: -277.09

Contact Details:
Address: Sail Off Ground Floor 271 Unit, VSastri nagar Bhubaneshwar Orissa : 700091
Tel: 0674-2391595
Email: info.birdgroup@birdgroup.co.in
Website: http://www.birdgroup.co.in
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