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Odisha Mining Corporation Limited is a state-owned mining company in India that specializes in the extraction and production of minerals. It primarily focuses on iron ore and bauxite mining, supplying raw materials to various industries such as steel and aluminum, while promoting sustainable mining practices and contributing to the regional economy.
Odisha Mining Corporation Limited, is an unlisted private company incorporated on 16 May, 1956. It is classified as a State government company and is located in , Odisha. It's authorized share capital is INR 1,000.00 cr and the total paid-up capital is INR 1,000.00 cr.
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** All rupee values in INR crores. Based on March 2024 numbers.
* GST not included
** Reports & MCA filings will be based on the latest available financials.
** Delivery timelines are on best-effort basis during working hours. Filings 3-4 hours. Reports 24-48 hours.
* INR 349 for 20+ credits purchase
1 credit = one company dashboard
| State | Type | Address |
|---|
| Designation | Name | DIN/PAN | Tenure |
|---|---|---|---|
| Whole-time Director | Alok Kumar Pal | 09141124 | 5 years |
| Whole-time Director | Sabyasachi Mohanty | 09116407 | 5 years |
| Nominee Director | Lipsa Das | 09773816 | 0 years |
| Nominee Director | Surendra Kumar | 02485149 | 1 years |
| Whole-time Director | Bana Bihari Pani | 09119233 | 2 years |
| Director | Rabinarayan Patra | 00917044 | 2 years |
| Director | Shanti Lata Sahu | 01988885 | 2 years |
| Director | Narendra Kumar Nanda | 02455894 | 2 years |
| Director | Rakesh Kulsrestha | 10173255 | 2 years |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Sales | 4,092.9 | 5,587.1 | 17,035.2 | 14,449.6 | 23,500.6 |
| Operating profit | 979.9 | 2,210.9 | 3,752.3 | 5,095.4 | 10,495.4 |
| Net profit | 728.7 | 1,586.3 | 2,731.7 | 4,734.0 | 9,076.2 |
| Gross margin | 95.0 | 101.1 | 102.3 | 101.0 | 98.2 |
| Operating margin | 23.9 | 39.6 | 22.0 | 35.3 | 44.7 |
| Net margin | 16.6 | 27.0 | 15.8 | 30.1 | 37.0 |
| Networth | 6,010.2 | 6,594.4 | 8,825.8 | 12,290.8 | 19,937.0 |
| Borrowings | - | - | 1,163.0 | 919.7 | 7.7 |
| Assets | 6,961.3 | 8,140.0 | 13,186.5 | 15,874.4 | 24,281.6 |
| Debt to equity | 0.0 | 0.0 | 0.1 | 0.1 | 0.0 |
| Current ratio | 6.4 | 4.3 | 2.4 | 4.3 | 5.5 |
| ROE | 12.1 | 24.1 | 30.9 | 38.5 | 45.5 |
| Days payable | 411.0 | -2,787.0 | -614.0 | -1,684.0 | 844.0 |
| WC days | 313.0 | 267.0 | 115.0 | 254.0 | 262.0 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Equity Capital | 31.5 | 31.5 | 31.5 | 31.6 | 1,000.0 |
| Reserves | 5,978.8 | 6,562.9 | 8,794.3 | 12,259.2 | 18,937.0 |
| Borrowings + | - | - | 1,163.0 | 919.7 | 7.7 |
| Long term borrowings | - | - | 5.3 | - | - |
| Short term borrowings | - | - | 1,157.7 | 919.7 | 7.7 |
| Trade payables + | 230.5 | 462.1 | 662.5 | 665.1 | 972.1 |
| Days payable | 411.0 | -2,787.0 | -614.0 | -1,684.0 | 844.0 |
| Other liabilities + | 951.1 | 1,545.6 | 3,197.8 | 2,663.9 | 4,336.9 |
| Other non-current liabilities | 303.6 | 292.4 | 399.7 | 525.6 | 615.6 |
| Other current liabilities | 417.0 | 791.1 | 2,135.6 | 1,473.2 | 2,749.2 |
| Total liabilities | 6,961.3 | 8,140.0 | 13,186.5 | 15,874.4 | 24,281.6 |
| Fixed Assets + | 931.9 | 1,144.0 | 1,513.0 | 1,624.5 | 1,848.9 |
| Tangible assets | 501.2 | 577.8 | 717.7 | 836.1 | 974.9 |
| CWIP | 222.3 | 282.3 | 484.0 | 400.3 | 440.3 |
| Intangible assets | 208.4 | 283.9 | 311.3 | 388.0 | 433.7 |
| LT loans and advances | 500.5 | 281.9 | 96.0 | 4.9 | 7.1 |
| Other non-current assets | 1,370.8 | 1,369.9 | 2,251.8 | 1,114.8 | 1,806.0 |
| Current assets + | 4,158.0 | 5,344.2 | 9,325.7 | 13,130.2 | 20,619.6 |
| Inventories | 359.5 | 443.4 | 831.9 | 986.8 | 553.5 |
| Trade receivables | 275.8 | 431.9 | 395.9 | 342.8 | 316.2 |
| Cash and cash equivalents | 99.1 | 97.0 | 60.7 | 63.2 | 58.2 |
| ST loans and advances | 134.6 | 343.2 | 399.9 | 2,000.0 | 3.6 |
| Other current assets | 3,289.1 | 4,028.8 | 7,637.3 | 9,737.4 | 19,688.1 |
| Total assets | 6,961.3 | 8,140.0 | 13,186.5 | 15,874.4 | 24,281.6 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Sales + | 4,092.9 | 5,587.1 | 17,035.2 | 14,449.6 | 23,500.6 |
| Sales growth % | 1.01 | 36.51 | 204.9 | -15.18 | 62.64 |
| Expenses + | 3,243.1 | 3,461.2 | 13,438.1 | 9,617.6 | 13,248.8 |
| Cost of goods | 204.5 | -60.5 | -394.0 | -144.2 | 420.2 |
| Employee cost | 259.0 | 228.7 | 247.8 | 344.1 | 357.0 |
| Other costs | 2,649.5 | 3,208.0 | 13,429.2 | 9,154.3 | 12,228.0 |
| Operating profit + | 979.9 | 2,210.9 | 3,752.3 | 5,095.4 | 10,495.4 |
| Operating margin % | 23.9 | 39.6 | 22.0 | 35.3 | 44.7 |
| Other income | 287.5 | 282.6 | 295.1 | 1,253.9 | 1,064.5 |
| Interest | 0.3 | 0.9 | 5.4 | 31.1 | 3.3 |
| Depreciation | 129.7 | 84.1 | 149.8 | 232.3 | 240.3 |
| Exceptional items | - | - | - | - | 904.5 |
| Profit before tax | 1,137.3 | 2,408.5 | 3,892.2 | 6,085.9 | 12,220.8 |
| Tax | 408.6 | 822.3 | 1,160.5 | 1,351.8 | 3,144.6 |
| Profit - disc. ops | - | - | - | - | - |
| Net profit | 728.7 | 1,586.3 | 2,731.7 | 4,734.0 | 9,076.2 |
| Net margin % | 16.6 | 27.0 | 15.8 | 30.1 | 37.0 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Solvency + | |||||
| Total Debt/Equity | 0.0 | 0.0 | 0.1 | 0.1 | 0.0 |
| Net Debt/Equity | 0.0 | 0.0 | 0.1 | 0.1 | 0.0 |
| Total Debt/Assets | 0.0 | 0.0 | 0.1 | 0.1 | 0.0 |
| Total Assets/Equity | 1.2 | 1.2 | 1.5 | 1.3 | 1.2 |
| Liquidity + | |||||
| Current Ratio | 6.4 | 4.3 | 2.4 | 4.3 | 5.5 |
| Quick Ratio | 5.9 | 3.9 | 2.1 | 4.0 | 5.4 |
| Interest Coverage | 3,002.9 | 2,457.4 | 694.2 | 163.6 | 3,150.4 |
| Performance | |||||
| Gross Margin | 95.0 | 101.1 | 102.3 | 101.0 | 98.2 |
| Operating Margin | 23.9 | 39.6 | 22.0 | 35.3 | 44.7 |
| Net Margin | 16.6 | 27.0 | 15.8 | 30.1 | 37.0 |
| Return + | |||||
| Return on Equity | 12.1 | 24.1 | 30.9 | 38.5 | 45.5 |
| Pre-tax ROCE | 19.1 | 40.6 | 52.3 | 41.6 | 54.7 |
| Return on Assets | 10.5 | 19.5 | 20.7 | 29.8 | 37.4 |
| Pre-tax ROIC | 14.2 | 32.2 | 36.3 | 37.0 | 51.4 |
| Efficiency + | |||||
| Days Payable | 411.0 | -2,787.0 | -614.0 | -1,684.0 | 844.0 |
| Days Inventory | 642.0 | -2,674.0 | -771.0 | -2,498.0 | 481.0 |
| Days Receivable | 25.0 | 28.0 | 8.0 | 9.0 | 5.0 |
| Fixed Asset Turnover | 4.4 | 4.9 | 11.3 | 8.9 | 12.7 |
| Total Asset Turnover | 0.6 | 0.7 | 1.3 | 0.9 | 1.0 |
| Working Capital | |||||
| Cash Conversion Cycle | 256.0 | 141.0 | -149.0 | -805.0 | -358.0 |
| Working Capital Days | 313.0 | 267.0 | 115.0 | 254.0 | 262.0 |
ORISSA RURAL HOUSING AND DEVELOPMENT CORPORATION LTD
No. of Loans: 1
Total Amount : 160.1 cr
Bank of Baroda
No. of Loans: 8
Total Amount : 65.6 cr
Allahabad Bank
No. of Loans: 5
Total Amount : 41.9 cr
BANKOF BARODA
No. of Loans: 1
Total Amount : 27.5 cr
UCO Bank
No. of Loans: 1
Total Amount : 25.0 cr
INDUSTERAL CREDITD AND INVESTMENT CORPORATION OF INDIA LTD
No. of Loans: 1
Total Amount : 21.9 cr
Bank of India
No. of Loans: 1
Total Amount : 20.0 cr
Andhra Bank
No. of Loans: 4
Total Amount : 16.8 cr
ANDHRA BANK LTD
No. of Loans: 11
Total Amount : 15.4 cr
ALLHABAD BANK
No. of Loans: 1
Total Amount : 10.7 cr
UNITED BANK OFINDIA
No. of Loans: 1
Total Amount : 8.3 cr
United Bank of India
No. of Loans: 4
Total Amount : 7.2 cr
UNITED BANKOF INDIA
No. of Loans: 1
Total Amount : 7.2 cr
Union Bank of India
No. of Loans: 1
Total Amount : 7.0 cr
BANKOF INDIA
No. of Loans: 1
Total Amount : 4.8 cr
INDUSTERIAL BANK OF INDIA
No. of Loans: 1
Total Amount : 4.0 cr
THE INDUSTERIAL FINANCE COOPERATIONOF NDIA
No. of Loans: 2
Total Amount : 3.3 cr
INDUSTERIAL FINANCE CORPORATION OF INDIA
No. of Loans: 2
Total Amount : 2.1 cr
INDUSTERIAL DEVELOPMENT BANK OF INDIA
No. of Loans: 3
Total Amount : 1.7 cr
THE INDUSTERIAL CREDIT ANDINVESTMENT CORPORATION INDIA LTD
No. of Loans: 1
Total Amount : 1.2 cr
State Bank of India
No. of Loans: 2
Total Amount : 1.0 cr
VIJAY BANK
No. of Loans: 1
Total Amount : 1.0 cr
THE MANAGER ALLAHABAD BANK
No. of Loans: 1
Total Amount : 0.8 cr
THE UNITED BANK OF INDIA LTD
No. of Loans: 1
Total Amount : 0.7 cr
INDUSTERIAL FINANCE C;ORPORATION OF INDIA
No. of Loans: 1
Total Amount : 0.6 cr
THE ANDHRA BANK LTD
No. of Loans: 1
Total Amount : 0.5 cr
LIFE INSURANDE CORP;ORATION OF INDIA
No. of Loans: 1
Total Amount : 0.4 cr
ANDHRA BANK LIMITED
No. of Loans: 2
Total Amount : 0.4 cr
LIFE INSURANCE CORPORATION OFINDIA
No. of Loans: 1
Total Amount : 0.3 cr
HOUSING DEVELOPMENT FINANCE LIMITED
No. of Loans: 1
Total Amount : 0.3 cr
THE BANK OF BARODA LIMITED
No. of Loans: 1
Total Amount : 0.3 cr
United Commercial Bank
No. of Loans: 1
Total Amount : 0.2 cr
THE CENTRAL BANKOF INDIA LTD
No. of Loans: 1
Total Amount : 0.2 cr
Canara Bank
No. of Loans: 1
Total Amount : 0.1 cr
INDIAN OVERSSEAS BANK LTD
No. of Loans: 1
Total Amount : 0.1 cr
ORSSA STATE INANCIAL CORPORATION
No. of Loans: 1
Total Amount : 0.0 cr
Indian Overseas Bank
No. of Loans: 1
Total Amount : 0.0 cr
| Name | Status | Paid up Capital | Common Directors | Address |
|---|---|---|---|---|
| COCHIN MINERALS AND RUTILE LTD |
Active
|
7.8 Cr | 1 | |
| NICDIT KRISHNAPATNAM INDUSTRIAL CITY DEVELOPMENT LIMITED |
Active
|
1,067.7 Cr | 1 | Andhra Pradesh |
| MINSYS MINING CONSULTANCY (OPC) PRIVATE LIMITED |
Active
|
1.0 L | 1 | Orissa |
| THE INDUSTRIAL DEVELOPMENT CORPORATION OF ODISHA LIMITED |
Amalgamated
|
107.1 Cr | 1 | Odisha |
| PREMIER EXPLOSIVES LIMITED |
Active
|
10.8 Cr | 1 | Telangana |
| SHAMUKA TOURISM DEVELOPMENT CORPORATION LIMITED |
Active
|
10.0 L | 1 | Orissa |
| IREL IDCOL LIMITED |
Active
|
4.0 Cr | 2 | Odisha |
| BHUBANESWAR SMART CITY LIMITED |
Active
|
250.0 Cr | 1 | Odisha |
| ANGUL SUKINDA RAILWAY LIMITED |
Active
|
1,042.0 Cr | 1 | Orissa |
| ODISHA THERMAL POWER CORPORATION LIMITED |
Active
|
348.4 Cr | 2 | Odisha |
| HARIDASPUR PARADIP RAILWAY COMPANY LIMITED |
Active
|
1,300.0 Cr | 1 | Odisha |
| ODISHA MINERAL EXPLORATION CORPORATION LIMITED |
Amalgamated
|
42.5 L | 1 | Odisha |
| ODISHA LIFT IRRIGATION CORPORATION LIMITED |
Active
|
74.7 Cr | 1 | Odisha |
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The incorporation date of ODISHA MINING CORPORATION LIMITED is 16 May, 1956
The authorized share capital of ODISHA MINING CORPORATION LIMITED is INR ₹ 1,000.0 Cr.
The paid-up capital of ODISHA MINING CORPORATION LIMITED is INR ₹ 1,000.0 Cr.
The registered address of ODISHA MINING CORPORATION LIMITED is POST BOX 34 BHUBANESWAR, KHURDA, Orissa, India, 751001 - 751001
The CIN number of ODISHA MINING CORPORATION LIMITED is U13100OR1956SGC000313.