About
The Orissa Minerals Development Company Limited mines and markets iron ore and manganese ore in India. It produces and sells sponge iron. The company was incorporated in 1918 and is headquartered in Bhubaneswar, India. The Orissa Minerals Development Company Limited is a subsidiary of Eastern Investments Limited.
Key Metrics
as of Sep 2026Market Cap2,587 Cr
P/Eโ
Div Yield0.00 %
Book Valueโน-91.10
52w Highโน6,139.00
52w Lowโน3,100.00
Face Valueโน1.00
Quarterly Results
Rs. Crores ยท hover row for definition| Metric | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 29.00 | 20.61 | 25.13 | 19.37 | 6.72 | 20.62 | 23.39 | 13.87 | 33.98 | 28.28 | 16.62 | 3.40 | 6.96 |
| Expenses | 38.34 | 10.24 | 17.93 | 18.48 | 43.26 | 22.64 | 16.68 | 10.78 | 20.59 | 15.84 | 13.61 | 9.18 | 14.55 |
| Operating Profit | -9.34 | 10.37 | 7.20 | 0.89 | -36.54 | -2.02 | 6.71 | 3.09 | 13.39 | 12.44 | 3.01 | -5.78 | -7.59 |
| OPM % | -32.21 | 50.32 | 28.65 | 4.59 | -543.75 | -9.80 | 28.69 | 22.28 | 39.41 | 43.99 | 18.11 | -170.00 | -109.05 |
| Other Income | 2.45 | 0.51 | 1.28 | 1.66 | 4.52 | 0.54 | 0.53 | 0.79 | 3.40 | 0.24 | 1.77 | 1.70 | 2.12 |
| Depreciation | 0.21 | 0.28 | 0.32 | 0.15 | 2.15 | 0.57 | 0.57 | 0.57 | 0.75 | 3.01 | 0.56 | 0.56 | 0.43 |
| Interest | 4.65 | 4.73 | 4.89 | 5.18 | 5.19 | 6.35 | 5.48 | 5.39 | 5.52 | 7.35 | 7.46 | 10.28 | 4.86 |
| Profit before tax | -11.75 | 5.87 | 3.27 | -2.78 | -39.36 | -8.40 | 1.19 | -2.08 | 10.52 | 2.32 | -3.24 | -14.92 | -10.76 |
| Tax % | -35.23 | 26.06 | 3.67 | 0.00 | -19.54 | -10.71 | 33.61 | 0.00 | -28.23 | 0.00 | -159.26 | 0.00 | -101.12 |
| Net Profit | -7.61 | 4.34 | 3.14 | -2.79 | -31.67 | -7.49 | 0.79 | -2.08 | 13.49 | 2.32 | 1.92 | -14.91 | 0.12 |
| EPS in Rs | -12.68 | 7.23 | 5.23 | -4.65 | -52.78 | -12.48 | 1.32 | -3.47 | 22.48 | 3.87 | 3.20 | -24.85 | 0.20 |
Profit & Loss
Annual ยท Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 94.10 | 64.62 | 82.28 | 35.53 | 82.68 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Expenses | 84.98 | 92.59 | 58.74 | 46.57 | 57.30 | 35.92 | 52.81 | 672.78 | 296.36 | 44.78 | 42.87 | 40.12 |
| Operating Profit | 9.12 | -27.97 | 23.54 | -11.04 | 25.38 | -35.92 | -52.81 | -672.78 | -296.36 | -44.78 | -42.87 | -40.12 |
| OPM % | 9.69 | -43.28 | 28.61 | -31.07 | 30.70 | โ | โ | โ | โ | โ | โ | โ |
| Other Income | 5.90 | 5.89 | 6.64 | 10.49 | 6.38 | 17.35 | 28.39 | 53.92 | 54.15 | 61.99 | 69.09 | 74.67 |
| Interest | 19.45 | 22.41 | 30.61 | 24.43 | 30.00 | 31.73 | 21.45 | 4.28 | 0.96 | 0.00 | 0.00 | 0.01 |
| Depreciation | 0.97 | 3.92 | 4.87 | 2.24 | 15.33 | 2.11 | 2.50 | 14.96 | 15.00 | 4.85 | 6.84 | 8.70 |
| Profit before tax | -5.40 | -48.41 | -5.30 | -27.22 | -13.57 | -52.41 | -48.37 | -638.10 | -258.17 | 12.36 | 19.38 | 25.84 |
| Tax % | -46.11 | -16.90 | -153.40 | -39.24 | 6.78 | -24.35 | 58.57 | -29.22 | -2.02 | 46.93 | 43.55 | 31.50 |
| Net Profit | -2.91 | -40.22 | 2.82 | -16.54 | -14.49 | -39.65 | -76.69 | -451.63 | -252.96 | 6.56 | 10.94 | 17.70 |
| EPS in Rs | -4.85 | -67.03 | 4.70 | -27.57 | -24.15 | -66.08 | -127.82 | -752.72 | -421.60 | 10.93 | 18.23 | 29.50 |
| Dividend Payout % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 13.40 | 14.59 | 15.02 |
Balance Sheet
Annual ยท Rs. Crores โ latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.60 | 0.60 | 0.60 | 0.60 | 0.60 | 0.60 | 0.60 | 0.60 | 0.60 | 0.60 | 0.60 | 0.60 |
| Reserves | -55.24 | -52.18 | -11.34 | -13.40 | 2.93 | 17.47 | 56.48 | 134.32 | 586.38 | 840.20 | 836.26 | 825.63 |
| Borrowings | 211.90 | 185.95 | 8.77 | 182.37 | 348.23 | 312.08 | 310.00 | 123.01 | 40.14 | 0.00 | 0.00 | 0.00 |
| Other Liabilities | 422.27 | 403.30 | 343.70 | 225.66 | 114.07 | 85.41 | 86.70 | 428.69 | 376.89 | 137.99 | 135.53 | 97.33 |
| Total Liabilities | 579.53 | 537.67 | 341.73 | 395.23 | 465.83 | 415.56 | 453.78 | 686.62 | 1,004.01 | 978.79 | 972.39 | 923.56 |
| Fixed Assets | 23.51 | 25.24 | 27.68 | 29.00 | 31.27 | 25.11 | 26.93 | 29.41 | 43.88 | 56.72 | 61.57 | 68.65 |
| CWIP | 186.75 | 111.08 | 0.46 | 3.40 | 3.40 | 3.31 | 1.35 | 0.44 | 0.79 | 1.23 | 1.66 | 1.78 |
| Investments | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 2.84 | 3.25 | 3.58 |
| Other Assets | 369.25 | 401.33 | 313.57 | 362.81 | 431.14 | 387.12 | 425.48 | 656.75 | 959.32 | 918.00 | 905.91 | 849.55 |
| Total Assets | 579.53 | 537.67 | 341.73 | 395.23 | 465.83 | 415.56 | 453.78 | 686.62 | 1,004.01 | 978.79 | 972.39 | 923.56 |
Cash Flows
Annual ยท Rs. Crores โ latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 34.97 | 170.28 | -25.94 | -60.38 | 102.00 | -23.41 | -171.31 | -519.98 | -43.52 | -54.98 | -37.57 | -55.87 |
| Cash from Investing Activity | -71.62 | -90.03 | 54.70 | 47.98 | -40.74 | 28.21 | 163.66 | -204.34 | 712.42 | 160.18 | 51.90 | 88.31 |
| Cash from Financing Activity | -19.45 | -22.41 | -30.61 | -24.43 | -30.01 | -31.73 | -21.45 | -4.28 | -2.02 | -1.92 | -3.19 | -1.06 |
| Net Cash Flow | -56.11 | 57.84 | -1.85 | -36.82 | 31.26 | -26.93 | -29.11 | -728.60 | 666.87 | 103.28 | 11.15 | 31.38 |
| Free Cash Flow | -40.81 | 58.18 | -26.38 | -60.49 | 80.44 | -25.66 | -172.25 | -520.12 | -43.42 | -54.70 | -39.51 | -56.67 |
| CFO/OP % | 393.00 | -610.00 | -110.00 | 537.00 | 407.00 | 58.00 | 321.00 | 76.00 | 13.00 | 104.00 | 66.00 | 106.00 |
Ratios
Annual ยท Days / % โ latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 0.00 | 0.00 | 0.00 | 0.10 | 0.04 | โ | โ | โ | โ | โ | โ | โ |
| Inventory Days | โ | โ | โ | โ | 1,166.58 | 53,847.11 | โ | 28,480.14 | โ | โ | 1,601.12 | 22,173.75 |
| Days Payable | โ | โ | โ | โ | 160.64 | 6,512.37 | โ | 5,718.33 | โ | โ | 152.21 | 1,460.00 |
| Cash Conversion Cycle | 0.00 | 0.00 | 0.00 | 0.10 | 1,005.98 | โ | โ | โ | โ | โ | โ | โ |
| Working Capital Days | -1,247.17 | -1,662.95 | -1,076.59 | -3,472.69 | -1,181.35 | โ | โ | โ | โ | โ | โ | โ |
| ROCE % | 9.64 | -38.52 | 30.75 | -1.48 | 4.94 | -7.82 | -8.37 | -143.22 | -34.90 | 1.62 | 2.44 | 3.14 |
Corporate Actions
18 records| Action | Ex Date | Record Date | Ratio | Amount (โน) | Notes |
|---|---|---|---|---|---|
| Other | 18 Dec 2024 | โ | โ | โ | Annual General Meeting |
| Other | 15 Dec 2023 | โ | โ | โ | Annual General Meeting |
| Other | 21 Sep 2022 | โ | โ | โ | Annual General Meeting |
| Other | 21 Sep 2021 | โ | โ | โ | Annual General Meeting |
| Other | 08 Dec 2020 | โ | โ | โ | Annual General Meeting |
| Other | 20 Sep 2019 | โ | โ | โ | Annual General Meeting |
| Other | 03 Jul 2019 | โ | โ | โ | E.G.M. |
| Other | 03 Jul 2019 | โ | โ | โ | Extra Ordinary General Meeting |
| Other | 17 Sep 2018 | โ | โ | โ | Annual General Meeting |
| Dividend | 07 Sep 2017 | โ | โ | 1.46 | |
| Dividend | 16 Sep 2016 | โ | โ | 2.66 | |
| Dividend | 14 Sep 2015 | โ | โ | 4.43 | |
| Dividend | 12 Sep 2014 | โ | โ | 1.04 | |
| Dividend | 10 Sep 2013 | โ | โ | 3.22 | |
| Split | 29 Oct 2012 | 30 Oct 2012 | 10:1 | โ | |
| Dividend | 10 Sep 2012 | โ | โ | 8.61 | |
| Dividend | 06 Sep 2011 | โ | โ | 19.30 | |
| Dividend | 17 Sep 2010 | โ | โ | 186.00 |