Integrated Filing — IndAS



General information about company
Scrip Code 590086
NSE Symbol ORISSAMINE
MSEI Symbol NA
ISIN INE725E01024
Name of company THE ORISSA MINERALS DEVELOPMENT COMPANY LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2024
Date of end of financial year 31-Mar-2025
Date of board meeting when results were approved 17-Jun-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 06-Jun-2025
Description of presentation currency INR (in Actuals)
Reporting Type Half Yearly
Reporting Quarter Yearly
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 17-Jun-2025   11:00:00
End date and time of board meeting 17-Jun-2025   16:40:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable
Whether the company has any related party? Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public No
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)? No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? Yes
Latest Date on which RPT policy is updated 2015-02-14
Indicate Company website link for updated RPT policy of the Company https://birdgroup.co.in/policies/
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
Not Applicable



Financial Results Ind-AS
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Oct-2024 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Unaudited Audited
D Nature of report standalone or consolidated Standalone Standalone
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 67340000 646159000
Other income 45241000 63858000
Total income 112581000 710017000
2 Expenses
(a) Cost of materials consumed 0 0
(b) Purchases of stock-in-trade 0 0
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade -41698000 -41918000
(d) Employee benefit expense 90011000 239966000
(e) Finance costs 51918000 224112000
(f) Depreciation, depletion and amortisation expense 22029000 39176000
(f) Other Expenses
1 Other Expenses 381517000 732721000
Total other expenses 381517000 732721000
Total expenses 503777000 1194057000
3 Total profit before exceptional items and tax -391196000 -484040000
4 Exceptional items 0 0
5 Total profit before tax -391196000 -484040000
6 Tax expense
7 Current tax 0 0
8 Deferred tax -76759000 -81801000
9 Total tax expenses -76759000 -81801000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0 0
11 Net Profit Loss for the period from continuing operations -314437000 -402239000
12 Profit (loss) from discontinued operations before tax 0 0
13 Tax expense of discontinued operations 0 0
14 Net profit (loss) from discontinued operation after tax 0 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0 0
16 Total profit (loss) for period -314437000 -402239000
17 Other comprehensive income net of taxes -6155000 -6155000
18 Total Comprehensive Income for the period -320592000 -408394000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 6000000 6000000
Face value of equity share capital 1 1
27 Details of debt securities
22 Reserves excluding revaluation reserve 0
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations -52.41 -67.04
Diluted earnings (loss) per share from continuing operations -52.41 -67.04
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations -52.41 -67.04
Diluted earnings (loss) per share from continuing and discontinued operations -52.41 -67.04
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results



Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities
Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2024
Date of end of reporting period 31-Mar-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Standalone
Assets
1 Non-current assets
Property, plant and equipment 128690000
Capital work-in-progress 1110787000
Investment property 123725000
Goodwill 0
Other intangible assets 0
Intangible assets under development
Biological assets other than bearer plants
Investments accounted for using equity method
Non-current financial assets
Non-current investments 242000
Trade receivables, non-current 67000
Loans, non-current 2597000
Other non-current financial assets 340742000
Total non-current financial assets 343648000
Deferred tax assets (net) 1952900000
Other non-current assets
Total non-current assets 3659750000
2 Current assets
Inventories 280675000
Current financial asset
Current investments 0
Trade receivables, current 0
Cash and cash equivalents 624459000
Bank balance other than cash and cash equivalents 715000
Loans, current 0
Other current financial assets 51138000
Total current financial assets 676312000
Current tax assets (net) 454237000
Other current assets 305779000
Total current assets 1717003000
3 Non-current assets classified as held for sale
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 5376753000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 6000000
Other equity -521781000
Total equity attributable to owners of parent -515781000
Non controlling interest
Total equity -515781000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 1779888000
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
Total Trade payable
Other non-current financial liabilities
Total non-current financial liabilities 1779888000
Provisions, non-current 62924000
Deferred tax liabilities (net)
Deferred government grants, Non-current
Other non-current liabilities 13826000
Total non-current liabilities 1856638000
Current liabilities
Current financial liabilities
Borrowings, current 65790000
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 0
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 18028000
Total Trade payable 18028000
Other current financial liabilities 2775988000
Total current financial liabilities 2859806000
Other current liabilities 245354000
Provisions, current 930736000
Current tax liabilities (Net)
Deferred government grants, Current
Total current liabilities 4035896000
3 Liabilities directly associated with assets in disposal group classified as held for sale
4 Regulatory deferral account credit balances and related deferred tax liability
Total liabilities 5892534000
Total equity and liabilites 5376753000
Disclosure of notes on assets and liabilities



Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Oct-2024 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether accounts are audited or unaudited Unaudited Audited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Iron Ore 67340000 646013000
2 Manganese Ore 0 146000
3 Sponge Iron 0 0
4 Un-allocated 45241000 63858000
5 Tax Expenses 0 0
Total Segment Revenue 112581000 710017000
Less: Inter segment revenue
Revenue from operations 112581000 710017000
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Iron Ore -313496000 -236496000
2 Manganese Ore -73000 -53000
3 Sponge Iron 0 0
4 Un-allocated -25708000 -23378000
5 Tax Expenses 76759000 81801000
Total Profit before tax -262518000 -178126000
i. Finance cost 51918000 51918000
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax -314436000 -402238000
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Iron Ore 236005000 236005000
2 Manganese Ore 25786000 25786000
3 Sponge Iron 34489000 34489000
4 Un-allocated 5080473000 5080473000
5 Tax Expenses 0 0
Total Segment Asset 5376753000 5376753000
Un-allocable Assets 0 0
Net Segment Asset 5376753000 5376753000
4 Segment Liabilities
Segment Liabilities
1 Iron Ore 0 0
2 Manganese Ore 0 0
3 Sponge Iron 0 0
4 Un-allocated 5892534000 5892534000
5 Tax Expenses 0 0
Total Segment Liabilities 5892534000 5892534000
Un-allocable Liabilities 0 0
Net Segment Liabilities 5892534000 5892534000
Disclosure of notes on segments



Other Comprehensive Income
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Oct-2024 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Unaudited Audited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
Total Amount of items that will not be reclassified to profit and loss
2 Income tax relating to items that will not be reclassified to profit or loss 6155000 6155000
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss
5 Total Other comprehensive income -6155000 -6155000



Cash flow statement, indirect
Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2024
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Standalone
Part I Blue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax -484040000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 0
Adjustments for decrease (increase) in inventories -42847000
Adjustments for decrease (increase) in trade receivables, current 0
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets -372958000
Adjustments for decrease (increase) in other non-current assets 0
Adjustments for other financial assets, non-current 0
Adjustments for other financial assets, current 0
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current -4222000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities 49544000
Adjustments for increase (decrease) in other non-current liabilities 2006345000
Adjustments for depreciation and amortisation expense 39176000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current 309997000
Adjustments for provisions, non-current 0
Adjustments for other financial liabilities, current 0
Adjustments for other financial liabilities, non-current 0
Adjustments for unrealised foreign exchange losses gains 0
Adjustments for dividend income 0
Adjustments for interest income 0
Adjustments for share-based payments 0
Adjustments for fair value losses (gains) 0
Adjustments for undistributed profits of associates 0
Other adjustments for which cash effects are investing or financing cash flow 0
Other adjustments to reconcile profit (loss) 0
Other adjustments for non-cash items 0
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) 1985035000
Net cash flows from (used in) operations 1500995000
Dividends received 0
Interest paid -224112000
Interest received -20167000
Income taxes paid (refund) 2109000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities 1702831000
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0
Cash flows used in obtaining control of subsidiaries or other businesses 0
Other cash receipts from sales of equity or debt instruments of other entities 0
Other cash payments to acquire equity or debt instruments of other entities 0
Other cash receipts from sales of interests in joint ventures 0
Other cash payments to acquire interests in joint ventures 0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0
Proceeds from sales of property, plant and equipment 200474000
Purchase of property, plant and equipment 1111574000
Proceeds from sales of investment property 0
Purchase of investment property 0
Proceeds from sales of intangible assets 0
Purchase of intangible assets 0
Proceeds from sales of intangible assets under development 0
Purchase of intangible assets under development 9385000
Proceeds from sales of goodwill 0
Purchase of goodwill 0
Proceeds from biological assets other than bearer plants 0
Purchase of biological assets other than bearer plants 0
Proceeds from government grants 0
Proceeds from sales of other long-term assets 0
Purchase of other long-term assets 0
Cash advances and loans made to other parties 0
Cash receipts from repayment of advances and loans made to other parties 0
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0
Dividends received 0
Interest received 20167000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) investing activities -900318000
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0
Payments from changes in ownership interests in subsidiaries 0
Proceeds from issuing shares 0
Proceeds from issuing other equity instruments 0
Payments to acquire or redeem entity's shares 0
Payments of other equity instruments 0
Proceeds from exercise of stock options 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 0
Repayments of borrowings 0
Payments of lease liabilities 0
Dividends paid 0
Interest paid 224112000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities -224112000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 578401000
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0
Net increase (decrease) in cash and cash equivalents 578401000
Cash and cash equivalents cash flow statement at beginning of period 0
Cash and cash equivalents cash flow statement at end of period 578401000





Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)
Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity/subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of the related party transaction ratified by the audit committee Date of Audit Committee Meeting where the ratification was approved Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 THE ORISSA MINERALS DEVELOPMENT COMPANY LIMITED EASTERN INVESTMENTS LIMITED HOLDING COMPANY Any other transaction NIL 0 NIL 0 952000 952000 Advance 0 0 Secured NIL
2 THE ORISSA MINERALS DEVELOPMENT COMPANY LIMITED THE BISRA STONE LIME COMPANY LIMITED SISTER COMPANY Any other transaction NIL 0 NIL 0 2606000 2606000 Advance 0 0 Secured NIL
3 THE ORISSA MINERALS DEVELOPMENT COMPANY LIMITED RASTRIYA ISPAT NIGAM LIMITED SISTER COMPANY Sale of goods or services 181522000 NIL 181522000 1919136000 2100658000 Advance 0 0 Secured NIL
4 THE ORISSA MINERALS DEVELOPMENT COMPANY LIMITED RASTRIYA ISPAT NIGAM LIMITED SISTER COMPANY Remuneration 27935000 NIL 27935000 50472000 78407000 Advance 0 0 Secured NIL
5 THE ORISSA MINERALS DEVELOPMENT COMPANY LIMITED RASTRIYA ISPAT NIGAM LIMITED ULTIMATE HOLDING COMPANY Loan 1779888000 NIL 1779888000 0 1779888000 Loan 0 21 Months Loan 0 21 Months Unsecured NIL
6 THE ORISSA MINERALS DEVELOPMENT COMPANY LIMITED RASTRIYA ISPAT NIGAM LIMITED ULTIMATE HOLDING COMPANY Any other transaction NIL 2499000 NIL 2499000 1881000 2420000 Any other Receivable 0 1 Month Advance 0 1 Month Secured NIL
Total value of transaction during the reporting period 1991844000