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

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


Market Performance


7 Day Return

9.5%

ORISSAMINE

3.6%

IN Metals and Mining

3.3%

IN Market


1 Year Return

39.7%

ORISSAMINE

-27.1%

IN Metals and Mining

7.1%

IN Market

Return vs Industry: ORISSAMINE exceeded the Indian Metals and Mining industry which returned -27.1% over the past year.

Return vs Market: ORISSAMINE exceeded the Indian Market which returned 7.1% over the past year.


Shareholder returns

ORISSAMINEIndustryMarket
7 Day9.5%3.6%3.3%
30 Day29.8%-1.5%2.9%
90 Day40.0%-10.3%3.1%
1 Year39.7%39.7%-24.0%-27.1%9.4%7.1%
3 Year-56.2%-56.2%1.7%-9.8%22.7%16.4%
5 Year-72.3%-72.5%4.5%-12.8%44.0%30.4%

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?

4.07x

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 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 (4.1x) 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?

81.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ORISSAMINE is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: ORISSAMINE is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: ORISSAMINE is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: Insufficient data to determine if ORISSAMINE's revenue is forecast to grow faster than the Indian market.

High Growth Revenue: Insufficient data to determine if ORISSAMINE's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if ORISSAMINE's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

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

-83.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: ORISSAMINE is unprofitable, and losses have increased over the past 5 years at a rate of -83.9% 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 (15.1%).


Return on Equity

High ROE: ORISSAMINE has a negative Return on Equity (-345.93%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: ORISSAMINE is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: ORISSAMINE is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Orissa Minerals Development's financial position?


Financial Position Analysis

Short Term Liabilities: ORISSAMINE's short term assets (₹4.1B) do not cover its short term liabilities (₹5.5B)

Long Term Liabilities: ORISSAMINE's short term assets (4.1B) exceeds its long term liabilities (37.5M)


Debt to Equity History and Analysis

Debt Level: ORISSAMINE's debt to equity ratio (91.2%) 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

Inventory Level: ORISSAMINE has a low level of unsold assets or inventory.

Debt Coverage by Assets: ORISSAMINE's debt is covered by short term assets (assets are 3.311360x 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.

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 -112.8% each year


Next Steps

Dividend

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


Dividend Yield vs Market

company0%marketbottom25%0.6%markettop25%2.4%industryaverage4.3%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate ORISSAMINE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate ORISSAMINE's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

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

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

2.3yrs

Average board tenure


CEO

Prabhat Sinha (60yo)

0yrs

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: Insufficient data to establish whether Prabhat's total compensation is reasonable compared to companies of similar size in the Indian market.

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


Board Age and Tenure

2.3yrs

Average Tenure

58yo

Average Age

Experienced Board: ORISSAMINE's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Prabhat Sinha (60yo)

    CEO, MD & Whole Time Director

    • Tenure: 0yrs
    • Compensation: ₹3.28m
  • Arijit Chakravarty

    Chief Financial Officer

    • Tenure: 4.3yrs
    • Compensation: ₹2.94m
  • Anu Singh

    Compliance Officer & Company Secretary

    • Tenure: 3.1yrs
    • Compensation: ₹591.41k
  • D. Mohanty

    Executive Director

    • Tenure: 2.4yrs
    • Compensation: ₹30.00k

Board Members

  • Prabhat Sinha (60yo)

    CEO, MD & Whole Time Director

    • Tenure: 0yrs
    • Compensation: ₹3.28m
  • Kishore Das (58yo)

    Non-Executive Director

    • Tenure: 0.9yrs
  • D. Mohanty

    Executive Director

    • Tenure: 2.4yrs
    • Compensation: ₹30.00k
  • Pally Kundu (52yo)

    Nominee Director

    • Tenure: 2.3yrs
    • Compensation: ₹61.33k
  • Pradosh Kumar Rath (58yo)

    Non-Executive Chairman

    • Tenure: 1.1yrs

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: ₹5.494b
  • Shares outstanding: 6.00m
  • Website: https://www.birdgroup.co.in/omdc

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 Analysis2019/10/22 12:53
End of Day Share Price2019/10/22 00:00
Earnings2019/06/30
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.