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 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.

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

Why is Orissa Minerals Development Company Ltd falling/rising?

As of 07-Apr, the stock price of Orissa Minerals Development Company Ltd is rising to 3,529.80, driven by recent positive quarterly results and short-term trading momentum. However, concerns remain due to its negative book value and weak long-term growth prospects.

As of 07-Apr, the stock price of Orissa Minerals Development Company Ltd is rising, currently at 3,529.80, with a change of 74.35 (2.15%) upward. This increase can be attributed to several factors. Firstly, the stock has outperformed its sector by 1.26% today and has shown a consecutive gain over the last two days, rising by 4.52% during this period. Additionally, the stock reached an intraday high of Rs 3,568, reflecting positive trading momentum.<BR><BR>Moreover, the company has declared positive results for the last two consecutive quarters, with significant metrics such as an operating profit to interest ratio at its highest of 2.19 times and net sales for the nine months at Rs 65.11 crore. These results indicate a level of operational strength that may be contributing to investor confidence, despite the company's overall weak long-term fundamentals.<BR><BR>However, it is important to note that the stock has a negative book value and has been classified as risky due to a negative EBITDA of Rs -17.8 crore. The long-term growth prospects appear poor, with net sales growing at an annual rate of only 135.76% and operating profit stagnant at 0% over the last five years. Despite these concerns, the recent positive performance and the stock's ability to gain in the short term have led to its current rise in price.

Why is Orissa Minerals Development Company Ltd falling/rising?

As of 08-Apr, Orissa Minerals Development Company Ltd's stock price is rising to 3,689.90, reflecting a 4.16% increase. Despite recent gains, the stock has underperformed over longer periods and faces challenges such as high debt and a negative book value.

As of 08-Apr, Orissa Minerals Development Company Ltd's stock price is rising, currently at 3,689.90, reflecting a change of 147.2 or 4.16% increase. This upward movement can be attributed to several factors. The stock has been on a positive trajectory, gaining for the last three consecutive days and achieving a total return of 9.26% during this period. Additionally, it opened with a gain of 2.01% today and reached an intraday high of Rs 3741.15, which is a 5.6% increase.<BR><BR>Despite this recent performance, the stock has underperformed its sector by 0.87% today and has shown mixed results over longer periods. For instance, while it has gained 9.06% over the past week, it has a negative return of 3.37% over the past month and a significant decline of 26.23% year-to-date. The company has also reported positive results in the last two quarters, with a notable growth in profit before tax and net sales, which may contribute to investor optimism.<BR><BR>However, it is important to note that the company has a negative book value and high debt levels, which raises concerns about its long-term fundamental strength. The stock has underperformed the broader market over the past year, generating a return of -21.54% compared to the market's positive return of 7.62%. Thus, while the stock is currently rising, it faces significant challenges that could impact its future performance.

Why is Orissa Minerals Development Company Ltd falling/rising?

As of 09-Apr, the stock price of Orissa Minerals Development Company Ltd is at 3,680.00, down 0.49%. The stock has declined 26.42% year-to-date and faces challenges such as a negative book value and high debt, contributing to its bearish trend and reduced investor interest.

As of 09-Apr, the stock price of Orissa Minerals Development Company Ltd is falling, currently at 3,680.00, reflecting a decrease of 18.25 (-0.49%). This decline follows a trend reversal after three consecutive days of gains. Despite outperforming its sector by 0.47% today, the stock has shown a negative performance year-to-date, with a significant drop of 26.42%, compared to a 10.08% decline in the benchmark index.<BR><BR>The company has reported positive results in the last two quarters, with a notable growth in profit before tax and net sales. However, it faces serious challenges, including a negative book value and weak long-term fundamental strength, as evidenced by a high debt-to-equity ratio and a negative EBITDA of Rs. -17.8 cr. Over the past year, the stock has underperformed the market significantly, generating a return of -19.16% while the broader market has seen a return of 7.73%. <BR><BR>Investor participation is also declining, with delivery volume falling by 5.04% against the five-day average, indicating reduced interest from investors. Additionally, the stock is trading below its longer-term moving averages, which further suggests a bearish sentiment among investors. Overall, these factors contribute to the stock's current downward trajectory.

Which are the latest news on Orissa Minerals?