NSEI:ORISSAMINE

Stock Analysis Report

Orissa Minerals Development

Executive Summary

The Orissa Minerals Development Company Limited mines and markets iron ore and manganese ore in India.

Snowflake

Fundamentals

Moderate growth potential with mediocre balance sheet.

Risks

  • Orissa Minerals Development has significant price volatility in the past 3 months.
  • Orissa Minerals Development is not covered by any analysts.

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


Market Performance


7 Day Return

1.0%

NSEI:ORISSAMINE

1.0%

IN Metals and Mining

-0.5%

IN Market


1 Year Return

-28.7%

NSEI:ORISSAMINE

-15.3%

IN Metals and Mining

-1.8%

IN Market

ORISSAMINE underperformed the Metals and Mining industry which returned -18.1% over the past year.

ORISSAMINE underperformed the Market in India which returned -3.1% over the past year.


Share holder returns

ORISSAMINEIndustryMarket
7 Day1.0%1.0%-0.5%
30 Day-7.5%-3.3%-2.7%
90 Day-23.9%-13.0%-4.7%
1 Year-28.7%-28.7%-11.9%-15.3%0.07%-1.8%
3 Year-65.9%-66.0%37.7%22.9%29.4%22.9%
5 Year-83.6%-83.7%-4.6%-18.7%47.8%34.2%

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

Valuation

Is Orissa Minerals Development undervalued based on future cash flows and its price relative to the stock market?

3.14x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Orissa Minerals Development to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Orissa Minerals Development to establish if it is available at substantial discount.


Price Based on Earnings

Orissa Minerals Development is loss making, we can't compare its value to the IN Metals and Mining industry average.

Orissa Minerals Development is loss making, we can't compare the value of its earnings to the India market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Orissa Minerals Development, we can't assess if its growth is good value.


Price Based on Value of Assets

Orissa Minerals Development is overvalued based on assets compared to the IN Metals and Mining industry average.


Next Steps

Future Growth

How is Orissa Minerals Development expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

81.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Orissa Minerals Development is high growth as no revenue estimate data is available.

Orissa Minerals Development's earnings are expected to grow significantly at over 20% yearly.

Unable to compare Orissa Minerals Development's revenue growth to the India market average as no estimate data is available.

Orissa Minerals Development's earnings growth is expected to exceed the India market average.

Orissa Minerals Development's earnings growth is expected to exceed the low risk savings rate of 7.6%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Orissa Minerals Development will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Orissa Minerals Development performed over the past 5 years?

-85.8%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Orissa Minerals Development does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare Orissa Minerals Development's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Orissa Minerals Development's 1-year growth to the IN Metals and Mining industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Orissa Minerals Development has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Orissa Minerals Development has efficiently used its assets last year compared to the IN Metals and Mining industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Orissa Minerals Development improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Orissa Minerals Development's financial position?


Financial Position Analysis

Orissa Minerals Development's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

Orissa Minerals Development's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Orissa Minerals Development's level of debt (91.2%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has increased over the past 5 years (0% vs 91.2% today).


Balance Sheet

Low level of unsold assets.

Debt is covered by short term assets, assets are 3.3x debt.


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.

Orissa Minerals Development has sufficient cash runway for more than 3 years based on current free cash flow.

Orissa Minerals Development has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 4.6% each year.


Next Steps

Dividend

What is Orissa Minerals Development's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Orissa Minerals Development's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Orissa Minerals Development's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Orissa Minerals Development has not reported any payouts.

Unable to verify if Orissa Minerals Development's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Orissa Minerals Development has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Orissa Minerals Development's salary, the management and board of directors tenure and is there insider trading?

2.1yrs

Average board tenure


CEO

Prabhat Sinha (60yo)

₹3,276,704

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

Prabhat's remuneration is higher than average for companies of similar size in India.

Prabhat's compensation has increased whilst company is loss making.


Board Age and Tenure

2.1yrs

Average Tenure

58yo

Average Age

The average tenure for the Orissa Minerals Development board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month individual insider trading information.


Ownership Breakdown


Management Team

  • Prabhat Sinha (60yo)

    CEO, MD & Whole Time Director

    • Compensation: 3.28m
  • Arijit Chakravarty

    Chief Financial Officer

    • Tenure: 4.0yrs
    • Compensation: 2.94m
  • Anu Singh

    Compliance Officer & Company Secretary

    • Tenure: 2.8yrs
    • Compensation: 591.41k
  • D. Mohanty

    Executive Director

    • Compensation: 60.00k

Board Members

  • Abdul Kalam (74yo)

    Non Executive Independent Director

    • Tenure: 5.6yrs
    • Compensation: 7.50k
  • Prabhat Sinha (60yo)

    CEO, MD & Whole Time Director

    • Tenure: 5.4yrs
    • Compensation: 3.28m
  • Kishore Das (58yo)

    Non-Executive Director

    • Tenure: 0.7yrs
  • D. Mohanty

    Executive Director

    • Tenure: 2.2yrs
    • Compensation: 60.00k
  • Pally Kundu (52yo)

    Nominee Director

    • Tenure: 2.0yrs
    • Compensation: 61.33k
  • Pradosh Kumar Rath (58yo)

    Non-Executive Chairman

    • Tenure: 1.5yrs

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: ₹4.219b
  • Shares outstanding: 6.00m
  • Website: Click here

Number of Employees


Location

  • The Orissa Minerals Development Company Limited
  • AG-104, Sourav Abasan
  • 2nd Floor
  • Kolkata
  • West Bengal
  • 700091
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
590086BSE (Mumbai Stock Exchange)YesOrdinary SharesININRAug 2010
ORISSAMINENSEI (National Stock Exchange of India)YesOrdinary SharesININRAug 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 Kolkata,  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/07/15 12:54
End of Day Share Price2019/07/15 00:00
Earnings2019/03/31
Annual Earnings2019/03/31


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.