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The Orissa Minerals Development Company Limited share price

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.Read more

WebsiteNSEहिंदी मेंBSE

Basic MaterialsSteelNSE: ORISSAMINEISIN INE725E01024
16 Oct 2026, 3:29 PM IST₹3,464.80▼ 0.40 (0.01%)
  • Market Cap₹ 2,079 Cr.
  • Current Price₹ 3,464.80
  • High / Low₹ 5,544 / 3,101
  • Stock P/E624.3
  • Book Value₹ -91
  • Dividend Yield0.00 %
  • ROCE14.8 %
  • ROE5.50 %
  • Face Value₹ 1.0
More figures (10)
  • EPS (TTM)₹ 5.55
  • Price / Book—
  • OPM8.7 %
  • Debt / Equity-3.88
  • Sales growth (3Y)38.4 %
  • Profit growth (3Y)—
  • Promoter holding57.7 %
  • EV / EBITDA132.9
  • Beta0.63
  • All-time high₹ 9,721

Price chart

Returns1M3M6MYTD1Y3Y CAGR5Y CAGR
ORISSAMINE-9.52%-6.74%-20.43%-30.82%-34.71%-19.29%+4.09%
Nifty 50-0.31%-3.85%-4.34%-11.42%-9.53%+5.46%+4.76%

Price returns only (dividends not included). Prices from NSE via Yahoo Finance; may be delayed.

Quick take

  • The Orissa Minerals Development Company Limited is in the Steel industry (Basic Materials), with a market value of ₹2,079 crore.
  • It trades at 624.3 times its last 12 months' earnings.
  • Revenue grew 38.4% a year over the last 3 years.
  • Return on equity was 5.5% and return on capital employed 14.8% in the latest year.
  • Debt was -3.88 times shareholders' equity.
  • The share price is 37.5% below its 52-week high and down 34.7% over one year.
  • Promoters and insiders hold about 57.7%; institutions about 10.0%.

Pros

  • Strong return on equity: 37.1% on average over the last 3 years.
  • Company is almost debt-free (debt is -3.88 times equity).
  • Sales have grown 38.4% a year over the last 3 years.

Cons

  • Interest cover is thin: operating earnings are 1.0 times the interest cost.
  • Trades at 624.3 times earnings, above its 3-year median of 343.4.
  • The company has not paid a dividend recently.

Pros and cons are generated automatically from the reported figures. They are observations, not a recommendation to buy or sell.

AI analysis

Plenitude AI reads the figures on this page and explains them in plain language. It does not say whether to buy or sell.

About The Orissa Minerals Development Company Limited

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.

Head office
Bhubaneswar

Peer comparison

Basic MaterialsSteel

S.No.CompanyCMP ₹P/EMar Cap ₹ CrDiv Yld %NP Qtr ₹ CrQtr Profit Var %Sales Qtr ₹ CrQtr Sales Var %ROCE %
1.The Orissa Minerals Development Company3,464.80624.32,0790.003—2947.8914.8
2.JSW Steel1,216.3012.12,96,8960.594,651209.4546,6625.2318.7
3.Tata Steel175.5019.82,18,9242.272,31811.5860,41214.5411.3
4.Jindal Steel1,045.2039.11,06,3480.19845—15,55316.997.5
5.Lloyds Metals and Energy1,851.7021.31,04,2080.061,727164.877,289206.6319.4
6.Steel Authority of India170.9516.570,6111.381,64431.4226,246-10.477.2
7.Welspun Corp2,571.5029.467,8110.201,04649.864,0813.9819.5
8.NMDC71.698.463,0292.821,9760.446,7950.8428.4
9.Jindal Stainless736.5518.760,6880.557697.7311,27910.5017.8
10.APL Apollo Tubes2,152.7048.159,7720.40263-10.245,4382.1428.0
Median: 42 Co.1,130.7521.48,1810.071,34521.509,2847.8718.3

Companies in the same industry; the median covers every company in it that we hold figures for. Tap a heading to sort. Sorting and comparing are ways to explore data, not recommendations.

Quarterly Results

Standalone figures in ₹ crore

₹ CrJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
317283414232171944212929
9141621111723431836103820
Operating Profit-63121337-2-361810-99
OPM %-170%18%44%39%22%29%-10%-538%5%18%50%-32%32%
Other Income2203111523121
Interest107765565510555
Depreciation1131111200000
Profit before tax-15-3211-21-8-39-306-125
-28%34%26%26%28%
-152213-21-7-31-304-83
EPS in Rs-24.863.213.8722.483.461.32-12.49-52.41-4.640.597.24-12.685.75
Raw filing

Source: the company's results filed with NSE, as reported. Tap a row marked + for its breakdown. Latest quarter on the right.

Profit & Loss

Standalone figures in ₹ crore

₹ CrMar 2018Mar 2019Mar 2020Mar 2023Mar 2024Mar 2025Mar 2026TTM
36826594123
2976745447599385105
Operating Profit-297-674-54-1223-28918
OPM %-32%28%-44%10%15%
55542997667
Interest14212431221924
Depreciation1515225411
Profit before tax-258-638-48-27-5-48-5-1
-253-452-77-173-40-31
EPS in Rs-421.60-752.72-127.82-27.574.70-67.04-4.850.90

Compounded Sales Growth

3 Years:
38%
TTM:
75%

Stock Price CAGR

5 Years:
4%
3 Years:
-19%
1 Year:
-35%

Return on Equity

4 Years:
60%
Last Year:
6%

Financial years ending March; TTM = the last four quarters. Source: the company's results filed with NSE, as reported. Tap a row marked + for its breakdown. Dividend payout = dividends paid in the year ÷ net profit.

Balance Sheet

Consolidated figures in ₹ crore, as at 31 March

₹ CrMar 2023Mar 2024Mar 2025Mar 2026
Equity Capital1111
Reserves-13-11-52-55
1829186212
226344403422
Total Liabilities395342538580
3228124199
CWIP30111187
359313303194
Total Assets395342538580

Source: Yahoo Finance (compiled from the annual reports). Tap a row marked + for its breakdown.

Cash Flows

Consolidated figures in ₹ crore, financial years ending March

₹ CrMar 2023Mar 2024Mar 2025Mar 2026
-60-2616935
4855-89-72
-24-31-22-19
Net Cash Flow-37-258-56
Free Cash Flow-60-2658-41

Free cash flow = cash from operations − capital expenditure. Source: Yahoo Finance.

Ratios

RatioMar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROE—129.2%-23.9%129.8%5.5%
ROCE—207.9%-1,067.5%-19.6%14.8%
Operating margin—-38.7%22.1%-50.5%8.7%
Net margin—-46.6%3.4%-62.6%-3.1%
Debt / equity—-14.24-0.82-3.61-3.88
Current ratio—0.350.370.430.35
Debtor days—0000
Inventory days—6552,968——
Days payable—96278——
Cash conversion cycle—5592,690——
Working capital days—-2,654-967-1,310-1,223

Computed from the reported statements: ROE on average equity; ROCE = EBIT / (total assets − current liabilities). Debtor days = receivables ÷ sales × 365; inventory and payable days use cost of goods sold; cash conversion cycle = debtor + inventory − payable days; working capital days = (current assets − current liabilities) ÷ sales × 365.

Shareholding Pattern

Numbers in percentages · as filed with NSE each quarter

  • Promoters 50.01%
  • FIIs 0.51%
  • DIIs 10.93%
  • Public 38.55%
%Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters50.01%50.01%50.01%50.01%50.01%50.01%50.01%50.01%50.01%50.01%50.01%50.01%
0.50%1.23%1.52%1.66%1.90%1.95%2.18%0.53%0.53%0.44%0.74%0.51%
11.18%10.93%11.00%11.01%11.03%11.06%11.09%11.11%10.95%10.95%10.93%10.93%
38.31%37.83%37.47%37.31%37.06%36.98%36.72%38.35%38.51%38.60%38.32%38.55%
No. of Shareholders17,24919,70419,72620,49621,06121,13521,20423,33723,73123,58423,70223,828

Source: shareholding patterns filed by the company with NSE. Public = non-institutional holders. Tap a row marked + for its breakdown.

Mutual funds & institutions holding The Orissa Minerals Development Company

Holder (above 1%)Stake
Lici Asm Non ParInsurance6.55%
Quant Small Cap FundMutual fund2.94%

As named in the shareholding pattern for Jun 2026 filed with NSE; mutual funds together hold 2.94% of the company. Shareholders below 1% are not named in the filing.

Documents

Announcements

All announcements on NSE →

Concalls & investor meets

None filed recently.

Filings made by the company with NSE; documents open on NSE's website.

Key dates

Ex-dividend date
7 Sep 2017
Latest quarter
30 Jun 2026
Financial year end
31 Mar 2026

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Latest news

From the company (NSE)

Headlines from news publishers (via Google News) and the filings of the company with NSE; they open on the source website. Headlines with price targets or buy/sell calls are left out. News is for information only and is not a recommendation.

Questions about The Orissa Minerals Development Company Limited

What is the share price of The Orissa Minerals Development Company Limited today?
The Orissa Minerals Development Company Limited (ORISSAMINE) last traded at ₹3,464.80 on NSE (16 Oct 2026, 3:29 PM IST). Prices may be delayed.
What is the market cap of The Orissa Minerals Development Company Limited?
About ₹2,079 crore at the latest price.
What is the P/E ratio of The Orissa Minerals Development Company Limited?
About 624.3 times its earnings over the last 12 months.
Is The Orissa Minerals Development Company Limited a good investment?
We do not give views on individual shares. Whether any share suits you depends on your goals, time horizon and risk appetite; for long-term goals, a diversified mutual fund is often a simpler way to own shares. Investments in securities markets are subject to market risks.
How can I buy The Orissa Minerals Development Company Limited shares?
You need a trading and demat account with a SEBI-registered stock broker. We can help you open one through Parshvanath Investments, an Authorised Person of Master Capital Services Ltd (SEBI Reg. INZ000210539). We provide execution and account service only, not tips or research.
Important. Prices from NSE via Yahoo Finance. Quarterly and annual results, shareholding and documents are taken from the filings the company made with NSE; balance sheet, cash flow and valuation figures are compiled by Yahoo Finance; ratios are computed by us from them. Figures may be delayed or revised. This page is for information only: it is not research, a recommendation or an offer to buy or sell any security. Investments in securities markets are subject to market risks; read all related documents carefully before investing. Plenitude Connect Private Limited is an AMFI-registered Mutual Fund Distributor (ARN-130934); share broking is offered through Parshvanath Investments, Authorised Person of Master Capital Services Ltd (SEBI Reg. INZ000210539).
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