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ORISSAMINE · The Orissa Minerals Development Company Ltd · Metal Mining

ORISSAMINE · The Orissa Minerals Development Company Ltd · Metal Mining

₹3,382.9-0.3%

As of 06 Nov close

52-week range

52wk low ₹3,026.652wk high ₹5,480

38.3% below 52-week high

52-week range: as of 06 Nov 2026 close.

Price chartDaily closes on the stock page.

Stock Condition:Pro

Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.

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Fundamentals as of 15 Sep 2026 · the company's own latest record is 53 days old

Operating margin above its own average

Revenue (latest Q)

₹29 Cr

Revenue YoY

PAT YoY

+75.8%

Operating margin

Revenue, last 8 quarters

P/E (TTM)

P/B

Not available from data source

P/S (TTM)

25.2

Sector P/E

17.3

Dividend yield

0.0%

Source: Yahoo Finance, as of 29 Oct 2026

CompanyP/EP/BNet marginROED/EDiv. yield
ORISSAMINE (this stock)577.3Not available from data source-3.1%+5.3%-2.580.0%
Hindustan Zinc13.210.5+36.5%+75.4%0.39+1.9%
Hindalco Industries14.72.2+4.9%+9.8%0.73+0.5%
Vedanta11.22+18.6%+39.6%0.56+11.0%

Promoter

stable

FII

falling 1q

MF

2.94% (0.00pp)

stable

Insider trades

No insider trades in the last 12 months.

Bulk/block deals

No bulk/block deals in the last 12 months.

News timeline

No related news.

Concalls & investor presentations

AI-generated

No concall transcripts or investor presentations recorded yet.

AI Summary of Annual Report

AI-generated
FY2024-25191 pages

The Orissa Minerals Development Company Limited (OMDC) emphasizes its commitment to corporate governance, sustainability, and stakeholder value in its FY2024-25 annual report. The report highlights the company's adherence to statutory requirements, including the Companies Act, SEBI LODR Regulations, and guidelines for Central Public Sector Enterprises. OMDC outlines its vision to become a socially responsible, green mining entity, focusing on sustainable growth, ecological balance, and stakeholder welfare. The report also details ongoing legal challenges, operational updates on mining leases, and efforts to enhance production capacity through technological upgrades. Management acknowledges financial challenges, including delays in wage payments and unresolved legal disputes, while emphasizing compliance with governance standards and transparency in operations.

  • Commitment to corporate governance, transparency, and stakeholder welfare as per statutory requirements.
  • Vision to become a socially responsible, green mining company with a focus on sustainable growth and ecological balance.
  • Ongoing legal challenges and unresolved disputes impacting operations and financial stability.
  • Efforts to enhance production capacity through technological upgrades and exploration of new reserves.
  • Adherence to environmental conservation and compliance with mining regulations for existing and new projects.

Key takeaway: OMDC emphasizes its commitment to corporate governance, sustainability, and stakeholder value, while navigating ongoing legal challenges and operational constraints in its FY2024-25 annual report.

The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.

Filed with NSE · 27 Oct 2025View source filing →

Governance disclosures

AI-generated

Needs attention

Auditor Qualification (2 items); Regulatory Action (2 items); Default / Covenant Breach (1 item)

Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.

Auditor Qualification

2 occurrences

Earlier (1-3 years ago)

Annual Report27 Oct 2025 (FY2024-25)· 2 passages
View source filing →

The Statutory Auditor issued a qualified opinion in the year 2023-24 regarding the understatement of Other Current Assets, as noted by C&AG in the Financial Statements of OMDC for the years 2019-20 to 2022-23.

Annual Report24 Jan 2025 (FY2023-24)· 5 passages
View source filing →

The auditor issued a qualified opinion on the financial statements for the year ended 31 March 2024, and the management provided replies to the auditor's observations.

Regulatory Action

2 occurrences

Earlier (1-3 years ago)

Annual Report27 Oct 2025 (FY2024-25)
View source filing →

The company received notices from NSE and penalties under SEBI (LODR) Regulations for non-compliance on board composition, subcommittee constitution, delayed filings, and exchange intimation. The company paid some penalties after waiver applications were rejected.

Annual Report24 Jan 2025 (FY2023-24)· 2 passages
View source filing →

The company has received notices from NSE for noncompliance of regulations (17,18,19,20,21,24A etc.) and penalties have been levied, which the company is seeking a waiver or payment for.

Default / Covenant Breach

1 occurrence

Earlier (1-3 years ago)

Annual Report24 Jan 2025 (FY2023-24)
View source filing →

The company is not paying regular dues regarding undisputed statutory dues including Income-tax, Sales-tax, Provident Fund, Service tax, Goods and Service Tax, Duty of customs, Duty of excise, Value Added Tax, Cess, and any other statutory dues as of 31.03.2024, with amounts outstanding ranging from Rs. 1.70 lakh to Rs. 205.36 crore.

Routine disclosures

Internal Control Weakness

2 occurrences

Earlier (1-3 years ago)

Annual Report27 Oct 2025 (FY2024-25)· 2 passages
View source filing →

The company lacks adequate internal controls to record Property, Plant & Equipment and Intangible Assets in the Fixed Asset Register, including quantitative details and reconciliation between book and physical balances.

Annual Report24 Jan 2025 (FY2023-24)· 3 passages
View source filing →

The auditor has identified a material weakness in the internal financial controls of The Orissa Minerals Development Company Limited as of 31st March, 2023.

Contingent Liability

2 occurrences

Earlier (1-3 years ago)

Annual Report27 Oct 2025 (FY2024-25)· 20 passages
View source filing →

The company has a contingent liability of Rs. 1929.38 crs related to BPMEL Leases, which includes compensation and interest up to 31.03.2025.

Annual Report24 Jan 2025 (FY2023-24)· 12 passages
View source filing →

The company has a contingent liability of Rs. 180182.17 Lakhs related to BPMEL Leases, as the remaining compensation including interest up to 31.03.2024 is shown under Contingent Liability.

Related-Party Transaction

2 occurrences

Earlier (1-3 years ago)

Annual Report27 Oct 2025 (FY2024-25)
View source filing →

The company entered into trading transactions with related parties, including Eastern Investments Limited, The Bisra Stone Lime Company Limited, and M/s Rastriya Ispat Nigam Limited, involving expenses, salary reimbursements, material sales, and inter-corporate loans during the year.

Annual Report24 Jan 2025 (FY2023-24)
View source filing →

The company entered into trading transactions with related parties including Eastern Investments Limited, The Bisra Stone Lime Company Limited, and Rashtriya Ispat Nigam Limited, involving expenses, salary payments, material sales, and rent during the year ended 31-03-24.

Statutory dues in dispute

1 occurrence

Earlier (1-3 years ago)

Annual Report27 Oct 2025 (FY2024-25)Disputed tax/statutory dues under appeal, not a loan default
View source filing →

The company has outstanding statutory dues totaling Rs. 66,47,443.84 as of 31st March 2025, which have not been deposited due to disputes, including Central Sales Tax, Value Added Tax, Entry Tax, Service Tax, and Income Tax liabilities with various appellate authorities.

Promoter Share Pledge

1 occurrence

Recent (last 12 months)

Structured Filing Data (NSE Pledge Disclosure)18 Jul 2026

11.05% of promoter holding pledged (quarter 2026-Q3 as of 2026-07-18).

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