Board Meeting
Orissa Minerals Development Company Board Meeting
Orissa Minerals Development Company will hold a Board meeting on 3 November 2026 to consider the Directors’ Report, 108th AGM notice and related agenda items.
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Upcoming Result Date: Nov 02, 2026
Investor Presentation
Q1 FY27
Orissa Minerals Development Company Ltd (ORISSAMINE) is currently trading at 3,157.10 per share. Stock prices fluctuate during market hours on NSE and BSE based on demand, company updates, and overall market conditions. Refer to the live price chart above for the most recent price movement.
OMDC is an Odisha-based, government-owned mining company that explores, produces, and sells iron ore, manganese ore and operates a sponge iron plant; it holds and operates several mining leases around Barbil, Keonjhar district, and is a subsidiary of Eastern Investments Limited with ultimate public sector ownership through RINL. In Q1 FY2026 OMDC reported standalone total income of about Rs. 28.65 crore and a net profit of Rs. 3.45 crore, reversing from a loss in the prior quarter; this reflects improved segment results from iron ore sales, lower exceptional charges, and controlled expenses despite finance costs and historically negative reserves on the balance sheet. OMDC currently has only the Bagiaburu iron mine in operation since December 2023, while Belkundi and Bhadrasahi remain suspended due to pending forest and environmental clearances and lease renewals; dependency on regulatory approvals materially constrains near-term production upside and makes operational recovery contingent on timely statutory permissions. OMDC is one of India’s oldest iron ore mining companies with origins from 1918, transitioned through Bird Group nationalization and later restructuring under Eastern Investments Ltd; it maintains legacy land holdings and complex title issues across several parcels, and carries negative reserves which highlights historical losses and capital structure vulnerabilities.
Over the past 52 weeks, Orissa Minerals Development Company Ltd has traded between a low of ₹3,037.95 and a high of ₹5,487.20. The 52-week high and low indicate the stock’s price range over the last year and help investors understand its volatility and recent trading levels.
Orissa Minerals Development Company Ltd has a market capitalization of approximately 1,921.65. Market capitalization represents the total value of a company’s outstanding shares and helps investors understand its size, stability, and relative risk compared to other listed companies.
Orissa Minerals Development Company Ltd’s investment profile depends on its business fundamentals, valuation, and long-term outlook. The stock currently trades at a PE ratio of 578.81 and operates in the its sector sector. Investors typically assess financial performance, growth prospects, and individual risk tolerance before making investment decisions.
Based on its market capitalization of 1,921.65 Cr, Orissa Minerals Development Company Ltd is classified as a Small Cap stock. Large-cap stocks are generally more stable, while mid-cap and small-cap stocks tend to offer higher growth potential along with higher price volatility.
Orissa Minerals Development Company Ltd operates in the its sector sector. Sector classification matters because companies in the same sector are often affected by similar economic conditions, regulatory changes, and competitive dynamics, which can influence overall stock performance.
The Price-to-Earnings (PE) ratio of Orissa Minerals Development Company Ltd is 578.81. The PE ratio compares a company’s share price to its earnings and is commonly used to assess valuation. Comparing the PE ratio with sector peers and historical levels provides better context.
It validated ECs granted under the 2017 Notification and 2021 OM unless challenged on merits, directed pending applications to be processed, and allowed reconsideration of applications delisted solely due to the earlier stay or judgment.
The EAC recommended EC for 1.8 MTPA of iron ore and 0.3 MTPA of manganese ore at the Belkundi Iron & Manganese Ore Mine.
The EAC under the MoEF&CC recommended Environmental Clearance for the Belkundi Iron and Manganese Ore Mine.
OMDC’s board meeting is scheduled for Friday, July 24, 2026, to consider and take on record audited financial results for the year ended March 31, 2026.

Minerals & Mining
Industrial Minerals
1,894 Cr
High Risk
570.6
14.1
—
—
5,487.20
3,037.95
Sales CAGR
Profit CAGR
ROE
ROCE