ORISSAMINE
The Orissa Minerals Development Company Limited
The Orissa Minerals Development Company Limited (ORISSAMINE) financial statements and selected valuation metrics through 30 June 2026.
Commodities›Metals & Mining›Minerals & Mining›Industrial Minerals
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Price as of 2026-10-16
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Price & valuation
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What you need to know
Orissa Minerals Development Company (OMDC) mines iron ore, with manganese ore and sponge iron as its two other reported segments, and its output depends on valid mining leases and statutory clearances.
Company snapshot
7thBy market cap
Ranked among 9 companies in Industrial Minerals.
Segment mix
Reportable segments as of 2024-12-31 (Standalone). Revenue share = segment revenue ÷ total revenue.
Largest segment: 100.0% of revenue
| Segment | Revenue share | Revenue | PBT | Assets |
|---|---|---|---|---|
| Iron Ore | 100.0% | 58 Cr | 8 Cr | — |
| Manganese Ore | 0.0% | 0.01 Cr | 0.0019 Cr | — |
| Sponge Iron | — | 0 Cr | 0 Cr | — |
| Tax Expenses | — | 0 Cr | 0.50 Cr | — |
| Un-allocated | 3.2% | 2 Cr | 0.25 Cr | — |
Shares add up to 103% because segment revenues are before inter-segment eliminations.
What we see
- ✗Net margin is negative — the company is spending more than it earns right now.
Statement tables · Standalone
Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.
Standalone only
Amounts in ₹ Cr · tap + to expand rows
Quarterly results
Quarterly · ₹ Cr · tap + rows to expand
| Metric | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 3 Cr | 17 Cr | 28 Cr | 34 Cr | 14 Cr | 23 Cr | 21 Cr | 19 Cr | 25 Cr | 21 Cr | 29 Cr | 29 Cr |
| Operating expenses (approx.) | 9 Cr | 14 Cr | 16 Cr | 21 Cr | 11 Cr | 17 Cr | 23 Cr | 18 Cr | 18 Cr | 10 Cr | 38 Cr | 20 Cr |
| EBITDA | -6 Cr | 3 Cr | 12 Cr | 13 Cr | 3 Cr | 7 Cr | -2 Cr | 0.89 Cr | 7 Cr | 10 Cr | -9 Cr | 9 Cr |
| OPM % | -169.8% | 18.1% | 44.0% | 39.4% | 22.4% | 28.7% | -9.8% | 4.6% | 28.7% | 50.3% | -32.2% | 31.5% |
| Other income | 2 Cr | 2 Cr | 0.24 Cr | 3 Cr | 0.79 Cr | 0.53 Cr | 0.54 Cr | 2 Cr | 1 Cr | 0.51 Cr | 2 Cr | 0.84 Cr |
| Interest | 10 Cr | 7 Cr | 7 Cr | 6 Cr | 5 Cr | 5 Cr | 6 Cr | 5 Cr | 5 Cr | 5 Cr | 5 Cr | 5 Cr |
| Depreciation | 0.56 Cr | 0.56 Cr | 3 Cr | 0.75 Cr | 0.57 Cr | 0.57 Cr | 0.57 Cr | 0.15 Cr | 0.32 Cr | 0.28 Cr | 0.21 Cr | 0.27 Cr |
| Profit before tax | -15 Cr | -3 Cr | 2 Cr | 11 Cr | -2 Cr | 1 Cr | -8 Cr | -3 Cr | 3 Cr | 6 Cr | -12 Cr | 5 Cr |
| Tax % | 0.0% | 159.5% | 0.0% | -28.2% | 0.0% | 33.6% | 10.8% | 0.0% | 3.8% | 26.0% | 35.3% | 27.9% |
| Net profit | -15 Cr | 2 Cr | 2 Cr | 13 Cr | -2 Cr | 0.79 Cr | -7 Cr | -3 Cr | 3 Cr | 4 Cr | -8 Cr | 3 Cr |
| EPS (₹) | ₹-24.86 | ₹3.21 | ₹3.87 | ₹22.48 | ₹-3.46 | ₹1.32 | ₹-12.49 | ₹-4.64 | ₹5.24 | ₹7.24 | ₹-12.68 | ₹5.75 |
Profit & loss (annual)
Annual · last column is TTM · ₹ Cr · tap + to expand
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 0 Cr | 0 Cr | 0 Cr | 0 Cr | 36 Cr | 82 Cr | 65 Cr | 94 Cr | Sign in free for the trailing twelve months |
| Operating expenses (approx.) | 46 Cr | 297 Cr | 674 Cr | 54 Cr | 47 Cr | 59 Cr | 93 Cr | 85 Cr | Sign in free for the trailing twelve months |
| EBITDA | -46 Cr | -297 Cr | -674 Cr | -54 Cr | -12 Cr | 23 Cr | -28 Cr | 9 Cr | Sign in free for the trailing twelve months |
| OPM % | — | — | — | — | -32.4% | 28.0% | -44.0% | 9.7% | Sign in free for the trailing twelve months |
| Other income | 63 Cr | 55 Cr | 54 Cr | 29 Cr | 9 Cr | 7 Cr | 6 Cr | 6 Cr | Sign in free for the trailing twelve months |
| Interest | — | 0.96 Cr | 4 Cr | 21 Cr | 24 Cr | 31 Cr | 22 Cr | 19 Cr | Sign in free for the trailing twelve months |
| Depreciation | 5 Cr | 15 Cr | 15 Cr | 2 Cr | 2 Cr | 5 Cr | 4 Cr | 0.97 Cr | Sign in free for the trailing twelve months |
| Profit before tax | 12 Cr | -258 Cr | -638 Cr | -48 Cr | -27 Cr | -5 Cr | -48 Cr | -5 Cr | Sign in free for the trailing twelve months |
| Tax % | 46.9% | 2.0% | 29.2% | -58.6% | 39.2% | 153.1% | 16.9% | 46.2% | Sign in free for the trailing twelve months |
| Net profit | 7 Cr | -253 Cr | -452 Cr | -77 Cr | -17 Cr | 3 Cr | -40 Cr | -3 Cr | Sign in free for the trailing twelve months |
| EPS (₹) | ₹10.94 | ₹-421.60 | ₹-752.72 | ₹-127.82 | ₹-27.57 | ₹4.70 | ₹-67.04 | ₹-4.85 | Sign in free for the trailing twelve months |
| Dividend payout % | — | — | — | — | — | 0.0% | — | — | Sign in free for the trailing twelve months |
The latest four quarters added up, next to each full year
Balance sheet
Annual · ₹ Cr · tap + rows to expand
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 0.60 Cr | 0.60 Cr | 0.60 Cr | 0.60 Cr | 0.60 Cr | 0.60 Cr | 0.60 Cr | 0.60 Cr |
| Reserves | 840 Cr | 586 Cr | 134 Cr | 56 Cr | -13 Cr | -11 Cr | -52 Cr | -55 Cr |
| Borrowings | — | 40 Cr | 123 Cr | 310 Cr | 174 Cr | — | 185 Cr | 141 Cr |
| Other liabilities | 138 Cr | 377 Cr | 429 Cr | 112 Cr | 234 Cr | 352 Cr | 405 Cr | 493 Cr |
| Total liabilities | 979 Cr | 1,004 Cr | 687 Cr | 479 Cr | 395 Cr | 342 Cr | 538 Cr | 580 Cr |
| Fixed assets (net) | 15 Cr | 16 Cr | 16 Cr | 15 Cr | 13 Cr | 13 Cr | 13 Cr | 13 Cr |
| CWIP | 1 Cr | 0.79 Cr | 0.44 Cr | 1 Cr | 3 Cr | 0.46 Cr | 111 Cr | 187 Cr |
| Investments | 3 Cr | 0.02 Cr | 14 Cr | 66 Cr | 0.02 Cr | 0.02 Cr | 12 Cr | 0.02 Cr |
| Inventories | 23 Cr | 28 Cr | 28 Cr | 28 Cr | 22 Cr | 24 Cr | 28 Cr | 44 Cr |
| Cash & bank | 130 Cr | 797 Cr | 68 Cr | 39 Cr | 6 Cr | 5 Cr | 62 Cr | 6 Cr |
| Other assets | 806 Cr | 162 Cr | 561 Cr | 331 Cr | 351 Cr | 300 Cr | 311 Cr | 330 Cr |
| Total assets | 979 Cr | 1,004 Cr | 687 Cr | 479 Cr | 395 Cr | 342 Cr | 538 Cr | 580 Cr |
Cash flows
Annual · ₹ Cr · tap + rows to expand · last column includes FCF
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | -55 Cr | -44 Cr | -520 Cr | -171 Cr | -109 Cr | -81 Cr | 170 Cr | 35 Cr |
| Cash from investing | 160 Cr | 712 Cr | -204 Cr | 164 Cr | 2 Cr | 55 Cr | -90 Cr | -72 Cr |
| Cash from financing | -2 Cr | -2 Cr | -4 Cr | -21 Cr | 24 Cr | 31 Cr | -22 Cr | -19 Cr |
| Net cash flow | 103 Cr | 667 Cr | -729 Cr | -29 Cr | -37 Cr | 5 Cr | 58 Cr | -56 Cr |
| Free cash flow (OCF − Capex) | -55 Cr | — | -520 Cr | -172 Cr | -109 Cr | -81 Cr | 58 Cr | -41 Cr |
Ratios
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| ROCE % | 1.5% | -41.0% | -245.7% | -7.3% | -8.5% | — | -24.3% | — |
| ROE % | 0.8% | -43.1% | -334.7% | -134.4% | — | — | — | — |
| Debtor days | — | — | — | — | 0 | 0 | 0 | 0 |
| Inventory days | — | — | — | — | 224 | 106 | 158 | 169 |
| Days payable | — | — | — | — | 33 | 0 | 10 | 18 |
| Cash conversion cycle | — | — | — | — | 191 | 106 | 148 | 151 |
| OCF / EBITDA % | — | — | — | — | — | -351.1% | — | 383.6% |
| OCF / EBITDA % (3 years) | — | — | — | — | — | — | — | n.m. |
| Debt / equity | — | 0.07 | 0.91 | 5.43 | — | — | — | — |
| Current ratio | 6.82 | 2.15 | 0.74 | 0.54 | 0.35 | 0.24 | 0.43 | 0.35 |
| Net debt / EBITDA | — | — | — | — | — | -0.20 | — | 14.79 |