The Orissa Minerals Development Company Ltd.
Snapshot View

3140.25 +99.80 ▲3.3%

20 May 2022, 04:01:00 PM
Volume: 2,037

Overview View Details

Sector Mining Compare with Sector peers
Industry Mining & Minerals Compare with Industry peers
Website http://www.birdgroup.co.in
Market Cap 1,886.94 Cr.
Enterprise Value(EV) 2,072.87 Cr. 2021-09
Financial Indicators
Earnings per share (EPS) 3.48 Trailing Twelve Months Ending 2021-12
Price-Earning Ratio (PE) 905.01 Trailing Twelve Months Ending 2021-12
Industry PE 6.80 Trailing Twelve Months Ending 2021-12
Book Value / Share 21.38 Trailing Twelve Months Ending 2021-12
Price to Book Value 147.13 Calculated using Price: 3,144.90
Dividend Yield 0.00 Period Ending 2021-03
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
+3.28%
1 Week
+9.95%
1 Month
+0.65%
3 Month
+19.43%
6 Month
+24.15%
1 Year
+26.33%
2 Year
+121.01%
5 Year
+57.29%
10 Year
+13.48%
9 years 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 1.59 0.77 2.15 1.32 0.78 -35.43 -125.12 -79.89 -105.54
Return on Capital Employed (%) 3.25 2.05 3.14 2.33 1.47 -35.04 -143.23 -8.61 -5.93
Return on Assets (%) 1.42 0.69 1.93 1.15 0.67 -25.52 -59.98 -18.60 -13.93

Balance Sheet View Details

Particulars 10 years 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. 2021-03 Rs. Cr. 2021-09* Rs. Cr.
Shh. Funds 813 819 826 837 841 587 135 57 18 18
Non Curr. Liab. 23 32 30 12 13 5 -181 79 112 45
Curr. Liab. 77 63 67 124 125 412 548 187 117 205
Minority Int.
Equity & Liab. 913 913 924 972 979 1,004 502 323 247 268
Non Curr. Assets 141 91 77 131 123 118 95 70 72 75
Curr. Assets 772 822 847 842 856 886 407 253 175 193
Misc. Exp. not W/O
Total Assets 913 913 924 972 979 1,004 502 323 247 268

Profit Loss View Details

Particulars 10 years 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. 2021-03 Rs. Cr. 2021-12 Rs. Cr. TTM
Net Sales 74
Other Income 80 75 75 70 63 55 54 29 11 8
Total Income 80 75 75 70 63 55 54 29 11 82
Total Expenditure -45 -50 -40 -44 -46 -297 -674 -54 -36 -53
PBIDT 35 26 35 26 17 -242 -620 -24 -26 28
Interest 0 0 0 -1 -4 -21 -32 -30
Depreciation -9 -9 -9 -7 -5 -15 -15 -3 -2 -15
Taxation -13 -10 -8 -8 -6 5 186 -28 13 15
Exceptional Items 1 0 7 5
PAT 13 6 18 11 7 -253 -452 -77 -40 2
Adjusted EPS 21 10 30 18 11 -422 -753 -128 -66 3

Cash Flow View Details

Particulars 10 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. 2021-03 Rs. Cr.
Cash Fr. Operatn. -57 -81 -8 -56 -38 -55 -44 -520 -171 -23
Cash Fr. Inv. 57 61 73 75 52 160 712 -204 164 28
Cash Fr. Finan. -1 -1 -2 12 -3 -2 -2 -4 -21 -32
Net Change -2 -21 62 31 11 103 667 -729 -29 -27
Cash & Cash Eqvt 699 678 723 754 27 130 797 68 39 12

Shareholding Pattern View Details

9 Qtrs 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%) 2021-09 (%) 2021-12 (%)
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

Fri, 20 May 2022
SALE OF UNDISPOSED STOCK OF OMDC LTD
VIDE SUPREME COURT ORDER OMDC LTD MAY SALE UNDISPOSED STOCK OF BAGIABURU AND BELKUNDI MINES
Fri, 20 May 2022
Announcement For OMDC Ltd On Waiver Of Penalty
announcement for OMDC Ltd on waiver of Penalty
Fri, 20 May 2022
Board Meeting Intimation for TO APPROVE AUDITED RESULTS OF OMDC FOR FY 22
ORISSA MINERALS DEVELOPMENT COMPANY LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 27/05/2022 inter alia to consider and approve TO APPROVE AUDITED RESULTS OF OMDC FOR FY 22

Technical Scans View Details

Fri, 20 May 2022
Higher Trade Quantity Higher Trade Quantity
Opening at Low Opening at Low
Closing Above Previous High Closing Above Previous High
Increasing Relative Strength - Sectoral Index Increasing Relative Strength - Sectoral Index
High Increase 3 Months High Increase 3 Months

Related Stocks View Details

Stock Name Market Cap(Rs. Cr.) LTP Chg %
Coal India Ltd. 114,565.12 185.90 +2.6%
NMDC Ltd. 42,889.42 146.35 +4.4%
KIOCL Ltd. 13,264.17 218.25 +8.1%
Gujarat Mineral Development Corporation Ltd. 5,555.46 174.70 +3.4%
Sandur Manganese & Iron Ores Ltd. 3,528.18 3,919.35 +4.7%
MOIL Ltd. 3,420.59 168.10 +2.6%
Ashapura Minechem Ltd. 1,081.82 118.25 +1.8%
Stock Name Statement TTM Ending Price Earning Ratio(TTM) LTP Chg %
Coal India Ltd. Consolidated 2021-12 7.51 185.90 +2.6%
NMDC Ltd. Consolidated 2021-12 4.12 146.35 +4.4%
KIOCL Ltd. Standalone 2021-12 42.31 218.25 +8.1%
Gujarat Mineral Development Corporation Ltd. Consolidated 2022-03 13.72 174.70 +3.4%
Sandur Manganese & Iron Ores Ltd. Standalone 2022-03 5.23 3,919.35 +4.7%
MOIL Ltd. Standalone 2021-12 9.45 168.10 +2.6%
Ashapura Minechem Ltd. Consolidated 2021-12 10.02 118.25 +1.8%
Stock Name Statement TTM Ending Price To Book Value(TTM) LTP Chg %
Coal India Ltd. Consolidated 2021-12 2.55 185.90 +2.6%
NMDC Ltd. Consolidated 2021-12 1.15 146.35 +4.4%
KIOCL Ltd. Standalone 2021-12 6.61 218.25 +8.1%
Gujarat Mineral Development Corporation Ltd. Consolidated 2022-03 1.17 174.70 +3.4%
Sandur Manganese & Iron Ores Ltd. Standalone 2022-03 2.13 3,919.35 +4.7%
MOIL Ltd. Standalone 2021-12 1.52 168.10 +2.6%
Ashapura Minechem Ltd. Consolidated 2021-12 2.09 118.25 +1.8%
Stock Name Statement Year Ending Debt Equity Ratio LTP Chg %
Coal India Ltd. Consolidated 2021-03 0.16 185.90 +2.6%
NMDC Ltd. Consolidated 2021-03 0.07 146.35 +4.4%
KIOCL Ltd. Standalone 2021-03 0.00 218.25 +8.1%
Gujarat Mineral Development Corporation Ltd. Consolidated 2021-03 0.00 174.70 +3.4%
Sandur Manganese & Iron Ores Ltd. Standalone 2021-03 0.37 3,919.35 +4.7%
MOIL Ltd. Standalone 2021-03 0.00 168.10 +2.6%
Ashapura Minechem Ltd. Consolidated 2021-03 1.54 118.25 +1.8%
Stock Name Statement Year Ending Return On Equity(%) LTP Chg %
Coal India Ltd. Consolidated 2021-03 37.00 185.90 +2.6%
NMDC Ltd. Consolidated 2021-03 21.71 146.35 +4.4%
KIOCL Ltd. Standalone 2021-03 15.44 218.25 +8.1%
Gujarat Mineral Development Corporation Ltd. Consolidated 2021-03 -1.03 174.70 +3.4%
Sandur Manganese & Iron Ores Ltd. Standalone 2021-03 16.80 3,919.35 +4.7%
MOIL Ltd. Standalone 2021-03 6.33 168.10 +2.6%
Ashapura Minechem Ltd. Consolidated 2021-03 19.36 118.25 +1.8%
Stock Name Statement Year Ending Return On Capital Employed(%) LTP Chg %
Coal India Ltd. Consolidated 2021-03 37.00 185.90 +2.6%
NMDC Ltd. Consolidated 2021-03 21.71 146.35 +4.4%
KIOCL Ltd. Standalone 2021-03 15.44 218.25 +8.1%
Gujarat Mineral Development Corporation Ltd. Consolidated 2021-03 -1.03 174.70 +3.4%
Sandur Manganese & Iron Ores Ltd. Standalone 2021-03 16.80 3,919.35 +4.7%
MOIL Ltd. Standalone 2021-03 6.33 168.10 +2.6%
Ashapura Minechem Ltd. Consolidated 2021-03 19.36 118.25 +1.8%
Stock Name Statement Year Ending Net Sales(Rs. Cr.) LTP Chg %
Coal India Ltd. Consolidated 2021-03 90,233.00 185.90 +2.6%
NMDC Ltd. Consolidated 2021-03 15,370.06 146.35 +4.4%
KIOCL Ltd. Standalone 2021-03 2,383.61 218.25 +8.1%
Gujarat Mineral Development Corporation Ltd. Consolidated 2021-03 1,325.59 174.70 +3.4%
Sandur Manganese & Iron Ores Ltd. Standalone 2021-03 746.59 3,919.35 +4.7%
MOIL Ltd. Standalone 2021-03 1,177.38 168.10 +2.6%
Ashapura Minechem Ltd. Consolidated 2021-03 1,148.11 118.25 +1.8%
Stock Name Statement Year Ending Profit After Tax(Rs. Cr.) LTP Chg %
Coal India Ltd. Consolidated 2021-03 12,705.14 185.90 +2.6%
NMDC Ltd. Consolidated 2021-03 6,247.47 146.35 +4.4%
KIOCL Ltd. Standalone 2021-03 301.17 218.25 +8.1%
Gujarat Mineral Development Corporation Ltd. Consolidated 2021-03 -41.99 174.70 +3.4%
Sandur Manganese & Iron Ores Ltd. Standalone 2021-03 153.93 3,919.35 +4.7%
MOIL Ltd. Standalone 2021-03 176.63 168.10 +2.6%
Ashapura Minechem Ltd. Consolidated 2021-03 74.86 118.25 +1.8%