The Orissa Minerals Development Company share price & results
- Jun 2026
- Sept 2026
Government-owned Odisha iron & manganese ore miner, a RINL subsidiary, restarting long-suspended mines.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 28.7 | +47.9% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 31.5 | +26.9 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 3.5 | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. The year-earlier figure was zero or a loss, so no percentage is shown. | |
| Return on equity | -6.10 | −72.3 pts | Trailing twelve months | TTM to Jun 2026 | Adjusted profit attributable to owners ÷ average owners’ equity. |
| Free cash flow margin | -43.62 | −132.8 pts | Fiscal year | FY ending Mar 2026 | (Operating cash flow − fixed-asset purchases + disposals) ÷ revenue. |
| Revenue growth (YoY) | 47.49 | +65.3 pts | Trailing twelve months | TTM to Jun 2026 | Revenue change against the same period one year earlier. |
Price
Performance −38.8% 1Y
1Y: ₹5,402.4 on 24 Oct 2025 → ₹3,308.2. High ₹5,429.8 (29 Oct 2025), low ₹3,125.5 (30 Mar 2026).
- Previous close
- ₹3,296.8
- Market cap
- ₹2.0k Cr
- 52-week range
- ₹3,125.5 – ₹5,429.8
- One year
- −38.83%
- Price to earnings (TTM to Jun 2026)
- 595.78×
- Return on equity (TTM to Jun 2026)
- -6.10%
Overview
- Symbol
- NSE:ORISSAMINE
- Sector
- Metals & Mining
- Industry
- Commodities
- Exchange
- NSE
- Currency
- INR
What The Orissa Minerals Development Company Limited does
Based on the company's own presentations, annual report and earnings calls.
The Orissa Minerals Development Company Limited (OMDC) is a Central Public Sector Enterprise engaged in mining iron ore and manganese ore in Odisha, and operates as a subsidiary of Rashtriya Ispat Nigam Limited (RINL). It holds mining leases across three sites in Keonjhar district — Bagiaburu, Belkundi and Bhadrasahi — of which only Bagiaburu is currently active, having resumed operations in December 2023 after a prolonged suspension. Belkundi and Bhadrasahi remain non-operational pending statutory environmental and forest clearances from state and central government authorities, with Belkundi's future mining planned to be run through a Mine Developer & Operator (MDO) arrangement.
Segments
- Iron & Manganese Ore Mining
- Mining leases held
- 3 (Bagiaburu, Belkundi, Bhadrasahi)
- Currently operational mine
- Bagiaburu only (resumed Dec 2023)
- Parent company
- Rashtriya Ispat Nigam Limited (RINL)
- Ownership category
- Central Public Sector Enterprise (Government of India)
- Mine location
- Barbil area, Keonjhar district, Odisha
- Belkundi mine operating model
- Mine Developer & Operator (MDO) contract
Fundamentals
Ratios, each with its period
Current values with the period they cover; the trend reads across the 6 fiscal years held (Mar 2021 to Mar 2026).
Financials
What the filings say
Net profit, year on year: +224% (quarter to jun 2026 against jun 2025).
| Line item | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 23 | 21 | 7 | 19 | 25 | 21 | 29 | 29 |
| Expenses | 17 | 23 | 43 | 18 | 18 | 10 | 38 | 20 |
| Operating profit | 7 | -2 | -37 | 1 | 7 | 10 | -9 | 9 |
| Operating margin | 28.7% | −9.8% | −543.8% | 4.6% | 28.6% | 50.3% | −32.2% | 31.5% |
| Other income | 1 | 1 | 5 | 2 | 1 | 1 | 2 | 1 |
| Interest | 5 | 6 | 5 | 5 | 5 | 5 | 5 | 5 |
| Depreciation | 1 | 1 | 2 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 1 | -8 | -39 | -3 | 3 | 6 | -12 | 5 |
| Tax rate | 33.6% | −10.7% | −19.5% | 0.0% | 3.7% | 26.1% | −35.2% | 28.0% |
| Net profit | 1 | -7 | -32 | -3 | 3 | 4 | -8 | 3 |
| EPS (₹ per share) | 1.32 | -12.48 | -52.78 | -4.65 | 5.23 | 7.23 | -12.68 | 5.75 |
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Sales | 36 | 82 | 65 | 94 |
| Expenses | 47 | 59 | 93 | 85 |
| Operating profit | -12 | 23 | -29 | 9 |
| Other income | 11 | 7 | 6 | 6 |
| Interest | 24 | 31 | 22 | 19 |
| Depreciation | 2 | 5 | 4 | 1 |
| Profit before tax | -27 | -5 | -49 | -5 |
| Net profit | -17 | 3 | -40 | -3 |
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sept 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 1 | 1 | 1 | 1 | 1 | 1 |
| Reserves | 3 | -13 | -11 | -52 | -52 | -55 |
| Borrowings | 348 | 182 | 9 | 186 | 145 | 212 |
| Other liabilities | 114 | 226 | 344 | 403 | 406 | 422 |
| Total liabilities | 466 | 395 | 342 | 538 | 500 | 580 |
| Fixed assets | 31 | 29 | 28 | 25 | 25 | 24 |
| Capital work in progress | 3 | 3 | 0 | 111 | 119 | 187 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Other assets | 431 | 363 | 314 | 401 | 356 | 369 |
| Total assets | 466 | 395 | 342 | 538 | 500 | 580 |
| Line item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|
| Cash from operations | -171 | -23 | 102 | -60 | -26 | 170 |
| Cash from investing | 164 | 28 | -41 | 48 | 55 | -90 |
| Cash from financing | -21 | -32 | -30 | -24 | -31 | -22 |
| Net cash flow | -29 | -27 | 31 | -37 | -2 | 58 |
| Free cash flow | -172 | -26 | 80 | -60 | -26 | 58 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Debtor days | — | 0 | 0 | 0 | 0 | 0 |
| Inventory days | 53847 | 1167 | — | — | — | — |
| Days payable | 6512 | 161 | — | — | — | — |
| Cash conversion cycle | — | 1006 | 0 | 0 | 0 | 0 |
| Working capital days | — | -1181 | -3473 | -1077 | -1663 | -1247 |
| Return on capital employed | −8.0% | 5.0% | −1.0% | 31.0% | −39.0% | 10.0% |
| Dividend payout | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Where revenue comes from
The businesses behind the company’s reported revenue.
Iron Ore contributes 97.1% of reported segment revenue.
Quarter ended 30 Jun 2026 · Standalone
- Iron Ore 97.1%
₹28.65 crore
- Un-allocated 2.9%
₹0.84 crore
- Manganese Ore 0.0%
₹0.00 crore
- Tax Expenses 0.0%
₹0.00 crore
- Sponge Iron 0.0%
₹0.00 crore
| Business segment | Revenue · ₹ crore | Share |
|---|---|---|
| Iron Ore | 28.65 | 97.1% |
| Un-allocated | 0.84 | 2.9% |
| Manganese Ore | 0.00 | 0.0% |
| Tax Expenses | 0.00 | 0.0% |
| Sponge Iron | 0.00 | 0.0% |
Share = segment revenue ÷ total segment revenue, before intersegment adjustments.
How these numbers add up
- Total segment revenue
- ₹29.49 crore
- Intersegment adjustment
- Not reported
- Net segment revenue
- ₹29.49 crore
Intersegment transactions are between the company’s own businesses. Net segment revenue can differ from income-statement revenue because reporting definitions differ.
Source: FinEdge · Last checked 19 Sept 2026. Reported segment names are kept as supplied.
Ownership
Who owns it
Promoters hold 50.01% as of Sept 2026; institutions cut 0.27 pts since Jun 2026.
- Promoters 50.01%
- Foreign institutions 0.59%
- Domestic institutions 10.58%
- Public 38.81%
Who is on the register
Named in the Sep 2026 filing
Every holder of The Orissa Minerals Development Company Limited above SEBI's 1% disclosure line, and what changed since Jun 2026.
| Holder | Stake | Change |
|---|---|---|
| 50.01% | unchanged | |
| Insurer | 6.55% | unchanged |
| Mutual fund | 2.59% | −0.35 pp |
| Bank | 1.10% | unchanged |
| — | off the list |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Your own record
Start an Inve Case for The Orissa Minerals Development Company Limited
Free account: one company. Everything above stays public.
Write why you follow The Orissa Minerals Development Company Limited and the condition you want checked. Inve compares your numeric conditions with available results and management guidance; your own conditions remain yours to review.
Keep reading
Other Metals & Mining companies
Learn to analyse The Orissa Minerals Development Company Limited
Guides on how to read this kind of business and the numbers that matter.