Orissa Minerals Development
Market Cap
₹15.7b
Last Updated
2020/12/02 12:19 UTC
Data Sources
Company Financials
Executive Summary
The Orissa Minerals Development Company Limited mines and markets iron ore and manganese ore in India. More Details
Risk Analysis
Snowflake Analysis
Worrying balance sheet with weak fundamentals.
Share Price & News
How has Orissa Minerals Development's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ORISSAMINE is more volatile than 90% of Indian stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: ORISSAMINE's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of Indian stocks.
Market Performance
7 Day Return
12.1%
ORISSAMINE
8.4%
IN Metals and Mining
3.1%
IN Market
1 Year Return
97.7%
ORISSAMINE
21.0%
IN Metals and Mining
10.4%
IN Market
Return vs Industry: ORISSAMINE exceeded the Indian Metals and Mining industry which returned 20% over the past year.
Return vs Market: ORISSAMINE exceeded the Indian Market which returned 10.4% over the past year.
Shareholder returns
| ORISSAMINE | Industry | Market | |
|---|---|---|---|
| 7 Day | 12.1% | 8.4% | 3.1% |
| 30 Day | 22.8% | 26.4% | 13.1% |
| 90 Day | 5.7% | 15.7% | 12.8% |
| 1 Year | 97.7%97.7% | 28.8%21.0% | 12.4%10.4% |
| 3 Year | 27.6%27.6% | -6.7%-18.2% | 11.0%5.6% |
| 5 Year | 33.0%32.7% | 138.7%94.3% | 62.4%50.2% |
Long-Term Price Volatility Vs. Market
How volatile is Orissa Minerals Development's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall St
What Kind Of Investors Own Most Of The Orissa Minerals Development Company Limited (NSE:ORISSAMINE)?5 months ago | Simply Wall St
Here's Why Orissa Minerals Development (NSE:ORISSAMINE) Must Use Its Cash Wisely7 months ago | Simply Wall St
Do Institutions Own Shares In The Orissa Minerals Development Company Limited (NSE:ORISSAMINE)?Valuation
Is Orissa Minerals Development undervalued compared to its fair value and its price relative to the market?
27.47x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate ORISSAMINE's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate ORISSAMINE's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: ORISSAMINE is unprofitable, so we can't compare its PE Ratio to the IN Metals and Mining industry average.
PE vs Market: ORISSAMINE is unprofitable, so we can't compare its PE Ratio to the Indian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ORISSAMINE's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ORISSAMINE is overvalued based on its PB Ratio (27.5x) compared to the IN Metals and Mining industry average (0.9x).
Next Steps
Future Growth
How is Orissa Minerals Development forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
36.6%
Forecasted Materials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Orissa Minerals Development has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Take a look at our analysis of ORISSAMINE’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Orissa Minerals Development competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
Past Performance
How has Orissa Minerals Development performed over the past 5 years?
-67.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ORISSAMINE is currently unprofitable.
Growing Profit Margin: ORISSAMINE is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: ORISSAMINE is unprofitable, and losses have increased over the past 5 years at a rate of 67.5% per year.
Accelerating Growth: Unable to compare ORISSAMINE's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ORISSAMINE is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-22.9%).
Return on Equity
High ROE: ORISSAMINE has a negative Return on Equity (-134.36%), as it is currently unprofitable.
Next Steps
Financial Health
How is Orissa Minerals Development's financial position?
Financial Position Analysis
Short Term Liabilities: ORISSAMINE's short term assets (₹2.3B) do not cover its short term liabilities (₹4.2B).
Long Term Liabilities: ORISSAMINE's short term assets (₹2.3B) exceed its long term liabilities (₹32.9M).
Debt to Equity History and Analysis
Debt Level: ORISSAMINE's debt to equity ratio (543.1%) is considered high.
Reducing Debt: Insufficient data to determine if ORISSAMINE's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: ORISSAMINE has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ORISSAMINE has less than a year of cash runway if free cash flow continues to reduce at historical rates of 38.6% each year
Next Steps
Dividend
What is Orissa Minerals Development current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ORISSAMINE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ORISSAMINE's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ORISSAMINE's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ORISSAMINE's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: ORISSAMINE is not paying a notable dividend for the Indian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ORISSAMINE's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.3yrs
Average board tenure
CEO
Prabhat Sinha (61 yo)
no data
Tenure
₹3,276,521
Compensation
Mr. Prabhat Kumar Sinha has been the Managing Director of The Orissa Minerals Development Company Limited since February 4, 2015. Mr. Sinha served as Director of Production & Planning at The Orissa Mineral...
CEO Compensation Analysis
Compensation vs Market: Prabhat's total compensation ($USD0.00) is below average for companies of similar size in the Indian market ($USD285.36K).
Compensation vs Earnings: Prabhat's compensation has been consistent with company performance over the past year.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Whole Time Director | no data | ₹3.28m | no data | |
| Executive Director | 3.58yrs | ₹30.00k | no data | |
| Non-Executive Director | 2.08yrs | no data | no data | |
| Non-Executive Chairman | 2.25yrs | no data | no data | |
| Government Director | 0.42yr | no data | no data |
2.3yrs
Average Tenure
59yo
Average Age
Experienced Board: ORISSAMINE's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
The Orissa Minerals Development Company Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: The Orissa Minerals Development Company Limited
- Ticker: ORISSAMINE
- Exchange: NSEI
- Founded: 1918
- Industry: Steel
- Sector: Materials
- Market Cap: ₹15.682b
- Shares outstanding: 6.00m
- Website: https://www.birdgroup.co.in/omdc
Number of Employees
Location
- The Orissa Minerals Development Company Limited
- Sail Office, Ground Floor
- Plot-271, Bidyut Marg
- Bhubaneswar
- Odisha
- 751001
- India
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 590086 | BSE (Mumbai Stock Exchange) | Yes | Ordinary Shares | IN | INR | Aug 2010 |
| ORISSAMINE | NSEI (National Stock Exchange of India) | Yes | Ordinary Shares | IN | INR | Aug 2010 |
Biography
The Orissa Minerals Development Company Limited mines and markets iron ore and manganese ore in India. It also produces and sells sponge iron. The company was incorporated in 1918 and is based in Bhubanesw...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/12/02 12:19 |
| End of Day Share Price | 2020/12/02 00:00 |
| Earnings | 2020/03/31 |
| Annual Earnings | 2020/03/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.