The Orissa Minerals Development Company Ltd.
Snapshot View

3077.35 -13.95 ▼-0.5%

23 July 2021, 04:00:00 P.M.
Volume: 1,503

Overview View Details

Sector Mining Compare with Sector peers
Industry Mining & Minerals Compare with Industry peers
Website http://www.birdgroup.co.in
Financial Indicators
Market Cap 1,846.41 Cr.
Earnings per share (EPS) -66.09 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) - Trailing Twelve Months Ending 2021-03
Industry PE 8.55 Trailing Twelve Months Ending 2021-03
Book Value / Share 30.12 Trailing Twelve Months Ending 2021-03
Price to Book Value 102.19 Calculated using Price: 3,077.35
Dividend Yield 0.00 Period Ending 2020-03
No. of Shares Subscribed 0.60 Cr. 6,000,000 Shares
FaceValue 1
Company Profile

Orissa Minerals Development Company, incorporated in the year 1918, is one of the oldest iron ore mining companies. It is part of the Bird group of companies under the administrative control of the Ministry of Steel, Government of India. The registered office is at FD-350 Salt Lake City, Sector III, Kolkata-700106. The Bisra Stone Lime Company, Karanpura Development Company, Scott & Saxby, Eastern Investments, Burrakur Coal Company (under liquidation), and Borrea Coal Company (under liquidation) are other group companies.

Business of the company:

The company is engaged in mining and producing iron ore and manganese ore. They also produce sponge iron. Apart from mining and marketing of iron ore, the company is also engaged in the field of mining and marketing of manganese ore. The company has six mining leases in the Keonjhar district of Orissa. With respect to the Bagiaburu iron ore mines (21.52 hectares) and Bhadrasai iron and manganese mines (998.7 hectares), the lease period is valid up to September 30, 2010. Renewal is pending regarding the remaining four leases. A 100 TPD sponge iron plant has been set up and measures taken to enhance crushing capacity by installing and commissioning an additional crushing and screening plant.

History of the company:

The Bird Group of Companies was nationalized by the Government of India. Consequent upon such nationalization of the Undertaking, the shares held by the said company in twenty one companies were transferred in the name of the President of India. After the company came under the Ministry of Steel, Government of India, the Government extended financial support to the company in the Development of Mines, Clearing outstanding dues, creating facilities for sizing iron ore and Replacement of old/ worn out equipment and providing new equipment.

 In the year 1992, the company set up a joint venture company, namely East India Minerals for production of sponge grade iron ore. In June 2004, as a part of diversification, the company set up a 100 TPD Sponge Iron Plant and the plant started making commercial production. They entered into the venture of direct export of iron ore fines from the year 2005-06.

During the year 2009-10, the restructuring scheme for the Bird Group of Companies as approved by the Ministry of Steel Government of India and also the Union Cabinet was implemented with effect from March 19, 2010. Thus, the group has transformed from a government managed company to a government company.

As per the scheme Eastern Investments, another company under the group, in pursuit of making OMDC as their subsidiary in due compliance of the terms of the approved scheme acquired requisite number of shares of OMDC, major from the President of India on share swap basis and balance from LICI on direct payment basis. As of March 19, 2010, Eastern Investments held 50.01% interest in the company. Thus, OMDC became a subsidiary company of Eastern Investments. As Eastern Investments was converted to a government company consequent to their preferential allotment of equivalent number of shares in the name of the President of India, OMDC as subsidiary of Eastern Investments also attained the status of a government company.The equity shares of the company were listed on the National Stock Exchange with effect from September 29, 2010.

 

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-0.45%
1 Week
-4.96%
1 Month
-9.53%
3 Month
+33.48%
6 Month
+28.95%
1 Year
+70.89%
2 Year
+366.05%
5 Year
+49.56%
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 0.43 1.59 0.77 2.15 1.32 0.78 -35.43 -125.12 -79.89
Return on Capital Employed (%) 1.04 3.25 2.05 3.14 2.33 1.47 -35.04 -143.23 -8.61
Return on Assets (%) 0.38 1.42 0.69 1.93 1.15 0.67 -25.52 -59.98 -18.60

Balance Sheet View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 802 813 819 826 837 841 587 135 57
Non Curr. Liab. 15 23 32 30 12 13 5 -181 -153
Curr. Liab. 75 77 63 67 124 125 412 548 419
Minority Int.
Equity & Liab. 892 913 913 924 972 979 1,004 502 323
Non Curr. Assets 98 141 91 77 131 123 118 95 96
Curr. Assets 794 772 822 847 842 856 886 407 227
Misc. Exp. not W/O
Total Assets 892 913 913 924 972 979 1,004 502 323

Profit Loss View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 2
Other Income 60 80 75 75 70 63 55 54 29
Total Income 61 80 75 75 70 63 55 54 29
Total Expenditure -54 -45 -50 -40 -44 -46 -297 -674 -54
PBIDT 7 35 26 35 26 17 -242 -620 -24
Interest 0 0 0 0 -1 -4 -21
Depreciation 1 -9 -9 -9 -7 -5 -15 -15 -3
Taxation -5 -13 -10 -8 -8 -6 5 186 -28
Exceptional Items 1 0
PAT 3 13 6 18 11 7 -253 -452 -77

Cash Flow View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. -57 -81 -8 -56 -38 -55 -44 -520 -171
Cash Fr. Inv. 57 61 73 75 52 160 712 -204 164
Cash Fr. Finan. -1 -1 -2 12 -3 -2 -2 -4 -21
Net Change -2 -21 62 31 11 103 667 -729 -29
Cash & Cash Eqvt 699 678 723 754 27 130 797 68 39

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 50.01 50.01 50.01 50.01 50.01 50.01 50.01 50.01 50.01
Public 49.99 49.99 49.99 49.99 49.99 49.99 49.99 49.99 49.99
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Tue, 20 Jul 2021
Shareholding for the Period Ended June 30 2021
Orissa Minerals Development Company Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30 2021. For more details kindly Click here
Tue, 29 Jun 2021
OMDC FINANCIAL RESULTS FOR THE YEAR ENDED 31ST MARCH 2021
OMDC FINANCIAL RESULTS FOR THE YEAR ENDED 31ST MARCH 2021
Tue, 22 Jun 2021
Board Meeting Intimation for INTIMATION TO THE STOCK EXCHANGE REGARDING BOARD MEETING OF OMDC
ORISSA MINERALS DEVELOPMENT COMPANY LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/06/2021 inter alia to consider and approve INTIMATION TO THE STOCK EXCHANGE REGARDING BOARD MEETING OF OMDC

Technical Scans View Details

Fri, 23 Jul 2021
Strongly Outperforming Benchmark Index Strongly Outperforming Benchmark Index
Decreasing Relative Strength - Benchmark index Decreasing Relative Strength - Benchmark index
Strongly Outperforming Sectoral Index Strongly Outperforming Sectoral Index
Decreasing Relative Strength - Sectoral index Decreasing Relative Strength - Sectoral index
Both SRS And ARS Above Zero Both SRS And ARS Above Zero

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