Reported Earnings • Feb 13
Third quarter 2026 earnings released: EPS: ₹7.24 (vs ₹12.49 loss in 3Q 2025) Third quarter 2026 results: EPS: ₹7.24 (up from ₹12.49 loss in 3Q 2025). Revenue: ₹206.1m (flat on 3Q 2025). Net income: ₹43.4m (up ₹118.4m from 3Q 2025). Profit margin: 21% (up from net loss in 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings. Ankündigung • Feb 07
The Orissa Minerals Development Company Limited to Report Q3, 2026 Results on Feb 11, 2026 The Orissa Minerals Development Company Limited announced that they will report Q3, 2026 results on Feb 11, 2026 New Risk • Dec 25
New minor risk - Financial position The company has less than a year of cash runway based on its current free cash flow. Free cash flow: -₹69m This is considered a minor risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risk Negative equity (-₹512m). Minor Risk Less than 1 year of cash runway based on current free cash flow (-₹69m). Reported Earnings • Dec 25
Second quarter 2026 earnings released: EPS: ₹5.24 (vs ₹1.32 in 2Q 2025) Second quarter 2026 results: EPS: ₹5.24 (up from ₹1.32 in 2Q 2025). Revenue: ₹251.3m (up 7.4% from 2Q 2025). Net income: ₹31.4m (up 297% from 2Q 2025). Profit margin: 13% (up from 3.4% in 2Q 2025). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings. Ankündigung • Dec 16
The Orissa Minerals Development Company Limited to Report Q2, 2026 Results on Dec 19, 2025 The Orissa Minerals Development Company Limited announced that they will report Q2, 2026 results on Dec 19, 2025 Ankündigung • Oct 28
The Orissa Minerals Development Company Limited, Annual General Meeting, Nov 18, 2025 The Orissa Minerals Development Company Limited, Annual General Meeting, Nov 18, 2025, at 11:00 Indian Standard Time. New Risk • Oct 03
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Negative equity (-₹516m). Minor Risk Share price has been volatile over the past 3 months (7.1% average weekly change). Reported Earnings • Sep 03
First quarter 2026 earnings released: ₹4.64 loss per share (vs ₹3.46 loss in 1Q 2025) First quarter 2026 results: ₹4.64 loss per share (further deteriorated from ₹3.46 loss in 1Q 2025). Revenue: ₹210.3m (up 52% from 1Q 2025). Net loss: ₹27.9m (loss widened 34% from 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings. Ankündigung • Aug 26
The Orissa Minerals Development Company Limited to Report Q2, 2026 Results on Sep 02, 2025 The Orissa Minerals Development Company Limited announced that they will report Q2, 2026 results on Sep 02, 2025 Reported Earnings • Jun 19
Full year 2025 earnings released: ₹67.04 loss per share (vs ₹4.70 profit in FY 2024) Full year 2025 results: ₹67.04 loss per share (down from ₹4.70 profit in FY 2024). Revenue: ₹646.2m (down 22% from FY 2024). Net loss: ₹402.2m (down ₹430.4m from profit in FY 2024). Over the last 3 years on average, earnings per share has increased by 25% per year whereas the company’s share price has increased by 26% per year. Ankündigung • Jun 06
The Orissa Minerals Development Company Limited to Report Fiscal Year 2025 Results on Jun 10, 2025 The Orissa Minerals Development Company Limited announced that they will report fiscal year 2025 results on Jun 10, 2025 New Risk • Feb 12
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 1.0x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.0x net interest cover). Negative equity (-₹120m). Minor Risk Large one-off items impacting financial results. Reported Earnings • Feb 11
Third quarter 2025 earnings released: ₹12.49 loss per share (vs ₹3.87 profit in 3Q 2024) Third quarter 2025 results: ₹12.49 loss per share (down from ₹3.87 profit in 3Q 2024). Revenue: ₹211.6m (down 25% from 3Q 2024). Net loss: ₹74.9m (down 423% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth. Ankündigung • Feb 03
The Orissa Minerals Development Company Limited to Report Q3, 2025 Results on Feb 10, 2025 The Orissa Minerals Development Company Limited announced that they will report Q3, 2025 results on Feb 10, 2025 Ankündigung • Dec 06
The Orissa Minerals Development Company Limited, Annual General Meeting, Dec 27, 2024 The Orissa Minerals Development Company Limited, Annual General Meeting, Dec 27, 2024, at 11:00 Indian Standard Time. Reported Earnings • Nov 22
Second quarter 2025 earnings released: EPS: ₹1.32 (vs ₹3.21 in 2Q 2024) Second quarter 2025 results: EPS: ₹1.32 (down from ₹3.21 in 2Q 2024). Revenue: ₹239.3m (up 44% from 2Q 2024). Net income: ₹7.92m (down 59% from 2Q 2024). Profit margin: 3.3% (down from 12% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has increased by 47% per year, which means it is tracking significantly ahead of earnings growth. Ankündigung • Nov 16
The Orissa Minerals Development Company Limited to Report First Half, 2025 Results on Nov 20, 2024 The Orissa Minerals Development Company Limited announced that they will report first half, 2025 results on Nov 20, 2024 Reported Earnings • Sep 25
First quarter 2025 earnings released: ₹3.46 loss per share (vs ₹24.86 loss in 1Q 2024) First quarter 2025 results: ₹3.46 loss per share (improved from ₹24.86 loss in 1Q 2024). Revenue: ₹146.5m (up 331% from 1Q 2024). Net loss: ₹20.8m (loss narrowed 86% from 1Q 2024). Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has increased by 46% per year, which means it is tracking significantly ahead of earnings growth. Ankündigung • Sep 16
The Orissa Minerals Development Company Limited to Report Q1, 2025 Results on Sep 23, 2024 The Orissa Minerals Development Company Limited announced that they will report Q1, 2025 results on Sep 23, 2024 Reported Earnings • Aug 13
Full year 2024 earnings released: EPS: ₹4.70 (vs ₹27.57 loss in FY 2023) Full year 2024 results: EPS: ₹4.70 (up from ₹27.57 loss in FY 2023). Revenue: ₹893.8m (up 152% from FY 2023). Net income: ₹28.2m (up ₹193.6m from FY 2023). Profit margin: 3.2% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Jun 19
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 9.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Negative equity (-₹258m). Minor Risk Share price has been volatile over the past 3 months (9.5% average weekly change). Ankündigung • May 23
The Orissa Minerals Development Company Limited to Report Fiscal Year 2024 Results on May 28, 2024 The Orissa Minerals Development Company Limited announced that they will report fiscal year 2024 results on May 28, 2024 Ankündigung • Mar 30
The Orissa Minerals Development Company Limited Announces Resignation of T.N. Sarasu as an Independent Director The Orissa Minerals Development Company Limited announced that Dr. T.N. Sarasu vide her letter dated 28th March, 2024 has been submitted resignation for the post of independent Director of OMDC w.e.f. March 28, 2024 (A/N) due to unforeseen circumstances. Ankündigung • Feb 22
The Orissa Minerals Development Company Limited Announces Cessation of Deb Kalyan Mohanty as Managing Director & Director (P&P) The Orissa Minerals Development Company Limited announced that Shri Deb Kalyan Mohanty, Director (Commercial) RINL is hereby divested of the additional charge for the post of MD, OMDC and Director (P&P), OMDC, with immediate effect. Hence, Shri Deb Kalyan Mohanty is ceased to be Director of the Company from 21 February 2024 A/N. Reason for change: Ministry of Steel divested the additional charge of the post of MD, OMDC & Director (P&P), OMDC which was assigned to Shri Deb Kalyan Mohanty, Director (Commercial), RINL effective 21 February 2024. Reported Earnings • Feb 14
Third quarter 2024 earnings released: EPS: ₹3.87 (vs ₹14.82 loss in 3Q 2023) Third quarter 2024 results: EPS: ₹3.87 (up from ₹14.82 loss in 3Q 2023). Revenue: ₹285.2m (up 261% from 3Q 2023). Net income: ₹23.2m (up ₹112.1m from 3Q 2023). Profit margin: 8.1% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 40% per year whereas the company’s share price has increased by 42% per year. Ankündigung • Feb 06
The Orissa Minerals Development Company Limited to Report Q3, 2024 Results on Feb 12, 2024 The Orissa Minerals Development Company Limited announced that they will report Q3, 2024 results on Feb 12, 2024 Ankündigung • Dec 02
The Orissa Minerals Development Company Limited, Annual General Meeting, Dec 23, 2023 The Orissa Minerals Development Company Limited, Annual General Meeting, Dec 23, 2023, at 11:00 Indian Standard Time. Agenda: To consider and adopt the audited financial statements of the Company for the financial year ended March 31, 2023, together with the Report of the Board of Directors, Auditors and Comments of the Comptroller and Auditor General of India (CAG) thereon; to authorize Board of Directors of the Company to fix the Remuneration of the Statutory Auditors of the Company appointed by Comptroller & Auditor General of India (C&AG) for the financial year 2023-24, in terms of provisions of Section 139(5) read with Section 142 of the Companies Act, 2013; to appoint Shri T.R Mallick, (DIN-09579743) as LICI Nominee Director of the Company; and to discuss other matters. Reported Earnings • Aug 13
First quarter 2024 earnings released: ₹24.86 loss per share (vs ₹3.19 loss in 1Q 2023) First quarter 2024 results: ₹24.86 loss per share (further deteriorated from ₹3.19 loss in 1Q 2023). Net loss: ₹149.1m (loss widened ₹130.0m from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Ankündigung • Aug 10
The Orissa Minerals Development Company Limited to Report Q1, 2024 Results on Aug 12, 2023 The Orissa Minerals Development Company Limited announced that they will report Q1, 2024 results on Aug 12, 2023 Reported Earnings • Jul 10
Full year 2023 earnings released: ₹27.57 loss per share (vs ₹24.16 loss in FY 2022) Full year 2023 results: ₹27.57 loss per share (further deteriorated from ₹24.16 loss in FY 2022). Revenue: ₹355.3m (down 57% from FY 2022). Net loss: ₹165.4m (loss widened 14% from FY 2022). Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth. Ankündigung • Jun 13
the Orissa Minerals Development Company Limited Announces Management Changes The Orissa Minerals Development Company Limited announced that Board of Directors at its meeting held on 8th June, 2023, has approved the appointment of Shri Tapas Ranjan Mallick,, Life Insurance Corporation of India, Mumbai for representating on behalf of the Lic of india as an Nominee Director of the company in place of Shri DP Mohanty. Shri Tapas Ranjan Mallick is retired as ED from LIC of India. He has rich experience in Insurance Sector. Ankündigung • May 20
The Orissa Minerals Development Company Limited to Report Q4, 2023 Results on May 26, 2023 The Orissa Minerals Development Company Limited announced that they will report Q4, 2023 results on May 26, 2023 Reported Earnings • Feb 17
Third quarter 2023 earnings released: ₹14.82 loss per share (vs ₹7.97 loss in 3Q 2022) Third quarter 2023 results: ₹14.82 loss per share (further deteriorated from ₹7.97 loss in 3Q 2022). Revenue: ₹79.1m (down 73% from 3Q 2022). Net loss: ₹88.9m (loss widened 86% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 112% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Ankündigung • Feb 04
The Orissa Minerals Development Company Limited to Report Q3, 2023 Results on Feb 10, 2023 The Orissa Minerals Development Company Limited announced that they will report Q3, 2023 results on Feb 10, 2023 Ankündigung • Nov 25
The Orissa Minerals Development Company Limited, Annual General Meeting, Dec 16, 2022 The Orissa Minerals Development Company Limited, Annual General Meeting, Dec 16, 2022, at 11:30 Indian Standard Time. Agenda: To consider and adopt the audited financial statements of the Company for the financial year ended March 31, 2022, together with the Report of the Board of Directors, Auditors and Comments of the Comptroller and Auditor General of India (CAG) thereon; to authorize Board of Directors of the Company to fix the Remuneration of the Statutory Auditors of the Company appointed by Comptroller & Auditor General of India (C&AG) for the financial year 2022-23, in terms of provisions of Section 139(5) read with Section 142 of the Companies Act, 2013 and in this regard to consider and if thought fit, to pass with or without modification the following Resolution; and to discuss other matters. Board Change • Nov 16
Less than half of directors are independent There are 7 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 7 new directors. 2 experienced directors. No highly experienced directors. 4 independent directors (5 non-independent directors). Non-Executive Nominee Director Debi Mohanty is the most experienced director on the board, commencing their role in 2017. Independent Director T Sarasu was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Reported Earnings • Nov 13
Second quarter 2023 earnings released: ₹9.76 loss per share (vs ₹28.29 profit in 2Q 2022) Second quarter 2023 results: ₹9.76 loss per share (down from ₹28.29 profit in 2Q 2022). Revenue: ₹71.1m (down 82% from 2Q 2022). Net loss: ₹58.6m (down 135% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 119% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth. Ankündigung • Sep 08
The Orissa Minerals Development Company Limited, Annual General Meeting, Sep 29, 2022 The Orissa Minerals Development Company Limited, Annual General Meeting, Sep 29, 2022, at 10:00 Indian Standard Time. Agenda: To consider and adopt the audited financial statements of the Company for the financial year ended March 31, 2022, together with the Report of the Board of Directors, Auditors and Comments of the Comptroller and Auditor General of India (CAG) thereon; and to discuss other matters. Ankündigung • Jun 14
The Orissa Minerals Development Company Limited Announces Resignation of Urmi Chaudhury as Company Secretary The Orissa Minerals Development Company Limited announced resignation of Urmi Chaudhury as Company Secretary, effective April 5, 2022. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Sohanlal Kadel was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Ankündigung • Feb 09
The Orissa Minerals Development Company Limited to Report Q3, 2022 Results on Feb 14, 2022 The Orissa Minerals Development Company Limited announced that they will report Q3, 2022 results on Feb 14, 2022 Is New 90 Day High Low • Mar 01
New 90-day high: ₹2,675 The company is up 2.0% from its price of ₹2,614 on 01 December 2020. The Indian market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 35% over the same period. Ankündigung • Feb 05
The Orissa Minerals Development Company Limited to Report Q3, 2021 Results on Feb 12, 2021 The Orissa Minerals Development Company Limited announced that they will report Q3, 2021 results on Feb 12, 2021 Ankündigung • Jan 29
Orissa Minerals Development Co. Ltd. Announces Change of Company Secretary The Orissa Minerals Development Company Limited announced that Mrs. Urmi Chaoudhury, Company Secretary of EIL will be appointed as Company Secretary of the OMDC Ltd., a Subsidiary of EIL in place of Smt. Anu Singh, Company Secretary of the OMDC. Is New 90 Day High Low • Jan 05
New 90-day high: ₹2,620 The company is up 14% from its price of ₹2,297 on 07 October 2020. The Indian market is up 20% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 39% over the same period. Ankündigung • Dec 17
The Orissa Minerals Development Company Limited Announces Changes to Its Board The Orissa Minerals Development Company Limited announced the appointment of Shri D. K. Mohanty as Director of the Company and Shri Sohanlal Kadel as Independent Director of the Company. Ankündigung • Dec 06
The Orissa Minerals Development Company Limited Receives Order from Directorate of Mines The Orissa Minerals Development Company Limited had received Order from Directorate of Mines, Odisha on 3 December, 2020 with regard to the allow for the despatch of un-disposed stock of minerals from its Bhadrasahi Iron & Manganese mining lease over 998.70 hects reg. Is New 90 Day High Low • Nov 29
New 90-day high: ₹2,613 The company is up 8.0% from its price of ₹2,418 on 31 August 2020. The Indian market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 11% over the same period. Ankündigung • Nov 26
The Orissa Minerals Development Company Limited, Annual General Meeting, Dec 16, 2020 The Orissa Minerals Development Company Limited, Annual General Meeting, Dec 16, 2020, at 11:00 Indian Standard Time. Agenda: To consider and adopt the audited financial statements of the Company for the financial year ended March 31, 2020, together with the Report of the Board of Directors, Auditors and Comments of the Comptroller and Auditor General of India (CAG) thereon; to fix remuneration of Auditors under provision of Section 142 of the Companies Act, 2013; to consider re-election of directors; and to consider other matters. Ankündigung • Sep 06
The Orissa Minerals Development Company Limited to Report Q1, 2021 Results on Sep 11, 2020 The Orissa Minerals Development Company Limited announced that they will report Q1, 2021 results on Sep 11, 2020 Ankündigung • Jul 05
The Orissa Minerals Development Company Limited to Report Q4, 2020 Results on Jun 29, 2020 The Orissa Minerals Development Company Limited announced that they will report Q4, 2020 results on Jun 29, 2020