ORISSAMINE share price, P/E, ROE & financials

As of 6 Nov 2026, The Orissa Minerals Development Company trades at 609.5× trailing earnings, above the industry P/E of 19.9×, and the shares are 37% below their 52-week high. It earns ROCE of 15%, and sales grew 38% a year over 3 years. Its net worth is negative, as liabilities exceed assets, and borrowings are ₹212 Cr. It is a small-cap company with a market cap of ₹2,030 Cr, ranked 45th of 150 Steel companies by market cap; the shares fell 36% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year

Open: ₹3,399.00
Day high: ₹3,401.90
Day low: ₹3,314.50
Prev. close: ₹3,392.80
Volume: 4K

Health check

1 good · 4 to check

ReturnsBehind
−36.0% over a year, better than 0 of 7 peers.
Price tagNegative equity
Book value is below zero, so P/E and P/B mislead here.
GrowthStrong
Sales +38.3% a year over 3 years.
ProfitabilityDistorted
With negative net worth, return ratios are meaningless.
Balance sheetStretched
Negative net worth: liabilities exceed assets.
Red flags4 to check
Negative net worth: liabilities exceed assets.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Steel

149 listed peers. Screen the industry

Small cap

₹2,030 Cr, #45 of 150 in its industry by size.

Defensive

Beta 0.66 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Jun 2026: sales ₹103 Cr · profit ₹3 Cr

Market cap: ₹2,030 Cr; Small cap
P/E: 609.5; Industry 19.9
Price to book: −37.14; Peers 2.28
Dividend yield: 0.00%
ROE: n/a; Peers 23.4%
ROCE: 14.8%; Peers 18.7%
Debt to equity: n/a; Debt ₹212 Cr
EPS (TTM): ₹5.55; Face value ₹1
OPM (TTM): 15.6%; Net margin 3.2%
Sales growth: +47.9%; Latest quarter vs a year ago
Profit growth: n/a; Year-ago quarter not reported
Price to sales: 19.63; EV/EBITDA 130.1

Strengths

Quarterly sales up 47.9% on a year ago.

Risks to check

Negative net worth: liabilities exceed assets.
P/E of 609.5 against an industry P/E of 19.9.
37% below its 52-week high.
Interest coverage of only 0.5×.

Derived automatically from reported figures. Not a recommendation.

About The Orissa Minerals Development Company

The Orissa Minerals Development Company Limited mines and markets iron ore and manganese ore in India. It produces and sells sponge iron. The company was incorporated in 1918 and is headquartered in Bhubaneswar, India. The Orissa Minerals Development Company Limited is a subsidiary of Eastern Investments Limited.

Headquarters: Bhubaneswar
Sector: Basic Materials
ISIN: INE725E01024
Website: birdgroup.co.in

Price range

52 weeks

₹3,026.60₹5,348.50

Today

₹3,314.50₹3,401.90

Avg volume (3M): 21K
1-year return: minus 36.0%
From 52-week high: minus 36.8%

Peers · Steel

Capital-heavy industry columns

Compare with peers Screen the whole industry

Company
JSWSTEELJSW Steel	1,357.10	plus 0.11%	3,31,265	11.7	12.2	18.7%	17.7%	0.62	3.6%	plus 14.7%
TATASTEELTata Steel	186.30	plus 2.36%	2,32,397	21.1	9.1	11.3%	15.2%	0.89	−1.6%	plus 1.5%
JINDALSTELJindal Steel	1,165.00	plus 1.31%	1,18,594	41.5	14.9	7.5%	15.9%	0.42	−13.1%	plus 6.4%
LLOYDSMELloyds Metals And Energy	1,785.50	minus 1.38%	1,00,482	19.1	18.8	19.4%	37.4%	1.23	71.3%	plus 37.4%
SAILSteel Authority of India	171.60	minus 0.41%	70,880	12.6	8.1	7.2%	12.9%	0.50	2.0%	plus 24.7%
NMDCNMDC	70.40	minus 0.01%	61,894	8.3	6.2	28.4%	30.0%	0.19	22.0%	minus 5.2%
APLAPOLLOAPL Apollo Tubes	2,185.30	minus 0.41%	60,677	46.3	32.7	28.0%	8.2%	0.17	12.6%	plus 23.3%
ORISSAMINEThe Orissa Minerals Development Company	3,382.90	minus 0.29%	2,030	609.5	240.7	14.8%	15.6%	–	38.3%	minus 36.0%
Median of 7 peers	–	−0.01%	1,00,482	19.1	12.2	18.7%	15.9%	0.50	3.6%	14.7%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

Jun 25	Sep 25	Dec 25	Mar 26	Jun 26
19.4	25.1	20.6	29	28.6
18.6	18.3	10.5	38.5	19.9
0.7	6.9	10.1	−9.6	8.8
3.8%	27.4%	49.0%	−33.0%	30.6%
1.7	1.3	0.5	2.5	0.8
5.2	4.9	4.7	4.6	4.8
−2.8	3.3	5.9	−11.7	4.8
–	3.8%	26.0%	35.3%	27.9%
−2.8	3.1	4.3	−7.6	3.5
-4.64	5.24	7.24	-12.68	5.75

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: +38.3%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
35.5	82.3	64.6	94.1
–	+131.6%	minus 21.5%	+45.6%
47	59.2	93.4	85
−11.5	23.1	−28.7	9.1
−32.4%	28.0%	−44.5%	9.7%
9.4	7.1	6.4	5.9
24.4	30.6	22.4	19.5
2.2	4.9	3.9	1
1.5	–	–	–
−27.2	−5.3	−48.6	−5.4
39.2%	153.1%	16.9%	46.2%
−16.5	2.8	−40.4	−2.9
-27.57	4.70	-67.04	-4.85

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
0.6	0.6	0.6	0.6
−13.4	−11.3	−52.2	−55.2
182	8.8	186	212
226	344	403	422
395	342	538	580
32.4	28.1	124	199
3.4	0.5	111	187
0	0	34.1	2
6.5	4.6	67.6	47.3
353	308	201	144
395	342	538	580

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
−60.4	−25.9	169	35
48	54.7	−89.1	−71.6
−24.4	−30.6	−22.4	−19.5
−36.8	−1.8	57.8	−56.1
−0.1	−0.4	−111	−75.8
−60.5	−26.4	58.1	−40.8

Shareholding pattern

Source: NSE filings

50.0%

promoters

Promoters50.01%
Public49.99%
As of 30 Sep 2026

Quarter	Promoters	Public	Promoter change
30 Sep 2026	50.01%	49.99%	0.00
30 Jun 2026	50.01%	49.99%	0.00
31 Mar 2026	50.01%	49.99%	0.00
31 Dec 2025	50.01%	49.99%	0.00
30 Sep 2025	50.01%	49.99%	–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you