NSEI:ORISSAMINE

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Orissa Minerals Development

Executive Summary

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


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's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-4.1%

ORISSAMINE

6.2%

IN Metals and Mining

1.4%

IN Market


1 Year Return

111.0%

ORISSAMINE

9.6%

IN Metals and Mining

2.2%

IN Market

Return vs Industry: ORISSAMINE exceeded the Indian Metals and Mining industry which returned 9.6% over the past year.

Return vs Market: ORISSAMINE exceeded the Indian Market which returned 2.2% over the past year.


Shareholder returns

ORISSAMINEIndustryMarket
7 Day-4.1%6.2%1.4%
30 Day1.0%9.1%5.6%
90 Day11.4%19.1%8.5%
1 Year111.0%111.0%13.5%9.6%4.0%2.2%
3 Year9.3%9.3%-28.5%-35.6%-0.5%-5.3%
5 Year-0.3%-0.5%78.7%49.0%41.6%31.1%

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 compared to its fair value and its price relative to the market?

21.78x

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 (21.8x) compared to the IN Metals and Mining industry average (0.8x).


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?

53.1%

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

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 (-36%).


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: Insufficient data to determine if ORISSAMINE has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if ORISSAMINE has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


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?

2.1yrs

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 ($USD0.00) is below average for companies of similar size in the Indian market ($USD316.55K).

Compensation vs Earnings: Prabhat's compensation has been consistent with company performance over the past year.


Board Members

NamePositionTenureCompensationOwnership
Prabhat Sinha
CEO, MD & Whole Time Directorno data₹3.28mno data
D. Mohanty
Executive Director3.42yrs₹30.00kno data
Kishore Das
Non-Executive Director1.92yrsno datano data
Pradosh Kumar Rath
Non-Executive Chairman2.08yrsno datano data
Swapna Bhattacharya
Government Director0.25yrno datano data

2.1yrs

Average Tenure

59yo

Average Age

Experienced Board: ORISSAMINE's board of directors are not considered experienced ( 2.1 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: ₹12.184b
  • 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

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 Bhubanesw ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/26 12:35
End of Day Share Price2020/10/23 00:00
Earnings2020/03/31
Annual Earnings2020/03/31


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.