The Orissa Minerals Development Company Limited

NSE ORISSAMINE.NS

The Orissa Minerals Development Company Limited Debt to Equity Ratio for the year ending March 31, 2024: -0.82

The Orissa Minerals Development Company Limited Debt to Equity Ratio is -0.82 for the year ending March 31, 2024, a 94.26% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

The Orissa Minerals Development Company Limited Debt to Equity Ratio for the year ending March 31, 2023 was -14.24, a -115.08% change year over year.
The Orissa Minerals Development Company Limited Debt to Equity Ratio for the year ending March 31, 2022 was 94.43, a 446.73% change year over year.
The Orissa Minerals Development Company Limited Debt to Equity Ratio for the year ending March 31, 2021 was 17.27, a 218.03% change year over year.
The Orissa Minerals Development Company Limited Debt to Equity Ratio for the year ending March 31, 2020 was 5.43, a 495.67% change year over year.

Key data

Date	Debt to Equity Ratio	Debt to Income Ratio	Debt to Tangible Net Worth Ratio	Dividend Coverage Ratio

NSE: ORISSAMINE.NS

The Orissa Minerals Development Company Limited

CEO	Mr. Arun Kanti Bagchi
IPO Date	Sept. 29, 2010
Location	India
Headquarters	SAIL Office
Employees	236
Sector	Materials
Industries Mining Coal Copper Diamonds Gold Lithium Metals Steel

Description

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 headquartered in Bhubaneswar, India. The Orissa Minerals Development Company Limited is a subsidiary of Eastern Investments Limited.

Key trends

Past 5 years