Orissa Minerals

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.

how big is Orissa Minerals?

As of Jun 06, Orissa Minerals Development Company Ltd has a market capitalization of 3,100.00 Cr, with recent net sales of 91.86 Cr and a net profit of 4.71 Cr. The company's shareholder's funds stand at -10.74 Cr against total assets of 154.62 Cr.

Market Cap: <BR>As of Jun 06, Orissa Minerals Development Company Ltd has a market capitalization of 3,100.00 Cr, categorizing it as a Small Cap company.<BR><BR>Recent Quarterly Performance: <BR>For the latest 4 quarters, the company reported Net Sales of 91.86 Cr and a Net Profit of 4.71 Cr. This data is based on Standalone financials.<BR><BR>Balance Sheet Snapshot: <BR>This is also based on Standalone data for the latest annual period ending in Mar 24. The Shareholder's Funds are reported at -10.74 Cr, while the Total Assets amount to 154.62 Cr.

Who are in the management team of Orissa Minerals?

As of March 2022, the management team of Orissa Minerals includes Deb Kalyan Mohanty (Managing Director), Atul Bhatt (Non-Executive Chairman), and several independent directors and nominees, totaling nine members.

As of March 2022, the management team of Orissa Minerals includes the following individuals:<BR><BR>1. Swapna Bhattacharya - Nominee (Govt)<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 various roles including a managing director and a non-executive chairman.

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. 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:<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>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.<BR><BR>Financial Snapshot:<BR>- Net Sales: 21 Cr (Quarterly Results - Dec 2024)<BR>- Net Profit: -7 Cr (Quarterly Results - Dec 2024)<BR>- Market Cap: Rs 3,072 Cr (Small Cap)<BR><BR>Key Metrics:<BR>- P/E: 632.00<BR>- Industry P/E: 32<BR>- Dividend Yield: 0.00%<BR>- Debt-Equity: 2.30<BR>- Return on Equity: -43.86%<BR>- Price to Book: -277.09<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

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.

Who are the peers of the Orissa Minerals?

Peers of Orissa Minerals include NMDC, Gravita India, GMDC, MOIL, and others, with varying management risks and growth rates. Gravita India leads in 1-year returns at 73.53%, while Orissa Minerals has a return of -13.83%.

Peers: The peers of Orissa Minerals are NMDC, Gravita India, GMDC, MOIL, Ashapura Minech., 20 Microns, NILE, Goa Carbon, Asi Industries, and South. Magnesium.<BR><BR>Quality Snapshot: Excellent management risk is observed at NMDC and Gravita India, while Good management risk is found at MOIL and South. Magnesium. Average management risk is present at GMDC, 20 Microns, NILE, Goa Carbon, and Asi Industries, and Below Average management risk is noted at Ashapura Minech. Growth is Excellent at Gravita India and Ashapura Minech., Good at GMDC and Asi Industries, Average at NMDC and 20 Microns, and Below Average at MOIL, NILE, and Goa Carbon. Capital Structure is Excellent at NMDC, GMDC, and MOIL, Good at Gravita India, 20 Microns, NILE, and Asi Industries, and Below Average at Ashapura Minech.<BR><BR>Return Snapshot: Gravita India has the highest 1-year return at 73.53%, while MOIL has the lowest at -31.07%. Orissa Minerals' 1-year return of -13.83% is better than MOIL's but worse than Gravita India’s. Additionally, the six-month returns are negative for Ashapura Minech., Goa Carbon, and South. Magnesium.

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.

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 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.

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.

Are Orissa Minerals latest results good or bad?

Orissa Minerals' latest results show a net profit of ₹3.14 crores in Q2 FY26, a significant improvement from the previous quarter, but the company faces serious concerns with a 28.09% decline in net sales over nine months and a negative book value per share, indicating ongoing financial instability. Overall, while there are some positive quarterly trends, the long-term outlook remains precarious.

The latest results for Orissa Minerals present a mixed picture. On one hand, the company reported a net profit of ₹3.14 crores in Q2 FY26, a significant turnaround from a loss of ₹2.79 crores in the previous quarter, and a remarkable year-on-year increase of 297.47%. Additionally, net sales grew by 29.74% sequentially and 7.44% year-on-year, reaching ₹25.13 crores, which is the highest quarterly revenue in recent periods. The operating margin also improved dramatically to 28.65% from just 4.54% in the prior quarter.<BR><BR>However, despite these positive quarterly results, the overall financial health of the company raises serious concerns. For the nine-month period, net sales declined by 28.09% year-on-year, and the cumulative losses amounted to ₹31.09 crores. The company has a negative book value per share of ₹85.96, indicating technical insolvency, and its debt burden is significant, with annual interest costs of ₹22 crores. <BR><BR>Moreover, Orissa Minerals has underperformed compared to both the Sensex and its sector peers, which raises questions about the sustainability of the recent profit. The volatility in its quarterly performance suggests ongoing operational challenges that could hinder long-term recovery.<BR><BR>In summary, while the latest quarterly results show some tactical improvements, the underlying fundamentals remain deeply concerning, indicating that the overall outlook is still precarious.

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

Why is Orissa Minerals Development Company Ltd falling/rising?

As of 02-Feb, the stock price of Orissa Minerals Development Company Ltd is declining, currently at 4,365.40, reflecting a 1.44% drop. The stock has lost 6.3% over the last three days and is trading below all key moving averages, indicating a consistent downward trend and significant financial struggles.

As of 02-Feb, the stock price of Orissa Minerals Development Company Ltd is falling, currently at 4,365.40, reflecting a decrease of 63.8 points or 1.44%. This decline is part of a broader trend, as the stock has been losing value for the last three days, with a total drop of 6.3% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a consistent downward trajectory.<BR><BR>The stock is also close to its 52-week low, being just 3.77% away from the low of Rs 4200.9. Furthermore, it has underperformed its sector by 0.58% today, which adds to the negative sentiment surrounding it. Investor participation appears to be declining, with a delivery volume of 6.27k on January 30, which is down by 4.46% compared to the 5-day average.<BR><BR>Financially, the company has been struggling, as evidenced by its negative book value and weak long-term fundamental strength. Despite a recent positive quarterly performance, the stock has generated a return of -29.17% over the past year, significantly underperforming the market, which has seen a return of 5.48% in the same timeframe. The company's high debt levels and negative EBITDA further contribute to the perception of risk associated with the stock, leading to its current decline in price.

Which are the latest news on Orissa Minerals?