Odisha Mining Corporation Limited

Odisha Mining Corporation Limited - metals and minerals in Khurda, Odisha, India. FY 2026 financials & compliance.
CIN U13100OR1956SGC000313 Incorporated 16 May 1956 ROC Cuttack HQ Khurda, Odisha, India
Active Private Limited State Government Company metals and minerals
Data last updated
Revenue · FY 2025
₹25,659 Cr
▲ 4% YoY
Net profit · FY 2025
₹9,089.27 Cr
Net margin 35.4%
EBITDA · FY 2025
₹12,466 Cr
EBITDA margin 48.6%
Authorised capital
₹1,000 Cr
Registered with MCA
Paid-up capital
₹1,000 Cr
Issued & subscribed
Open charges
₹459.06 Cr
Secured borrowings
Company age
70 yrs
Est. 1956
Directors on board
13
As per MCA filings

About Odisha Mining Corporation Limited

Data last updated:

Odisha Mining Corporation Limited is a private limited state government company based in Khurda, Odisha, India. It operates in the mining and mineral extraction segment of the metals and mining sector. It was incorporated on 16 May 1956 and has been in existence for over 70 years.

The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U13100OR1956SGC000313. Its GSTIN is 21AAACO3324L2ZR (Odisha). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹1,000 Cr and a paid-up capital of ₹1,000 Cr. It was formerly known as The Orissa Mining Corporation Limited. It is led by directors including Sudhansu Mohan Samal (Managing Director) and Alok Kumar Pal (Whole-Time Director).

Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Post Box 34 Bhubaneswar, Khurda, Odisha, India – 751001.

As per the financials filed for FY 2025, the company reported a revenue of ₹25,659 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹9,089.27 Cr (net margin 35.4%) and EBITDA of ₹12,466 Cr (EBITDA margin 48.6%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 42% over five years.

The company is associated with 1 brand: OMC. As per MCA filings, the company has open charges of ₹459.06 Cr on record. Court records list 439 cases involving the company, including 92 filed by the company and 348 filed against it; 158 cases are pending. The company has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹968.55 Cr; the latest was in November 2023.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website omcltd.in.

Company details

CIN U13100OR1956SGC000313
Registration Number 000313
Incorporation Date 16 May 1956
ROC Cuttack
Listing Status Unlisted
Company Status Active
Date of Last AGM 26 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

Name history

Odisha Mining Corporation has undergone 3 name changes throughout its history. The company was previously known as Odisha Mining Corporation Limited, The Orissa Mining Corporation Limited, and The Odisha Mining Corporation Limited. The current legal name is Odisha Mining Corporation Limited.

Company NameStatus
Odisha Mining Corporation LimitedCurrent
The Orissa Mining Corporation LimitedPrevious
The Odisha Mining Corporation LimitedPrevious

CIN history

Odisha Mining Corporation has one previous CIN (Corporate Identification Number): U13100OR1956PLC000313. The current CIN is U13100OR1956SGC000313, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U13100OR1956SGC000313Current
U13100OR1956PLC000313Previous

Contact details

Odisha Mining Corporation Limited's registered office is in Khurda, Odisha. Its website is omcltd.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Social Media
  • Apps
  • Registered Address
    Post Box 34 Bhubaneswar, Khurda, Odisha, India – 751001
  • Industry
    Metals and Minerals, Mining & Mineral Extraction

To see the full contact details of Odisha Mining Corporation Limited, buy the company report.

Comprehensive company report
Odisha Mining Corporation Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Brands

Odisha Mining Corporation operates one associated brand: OMC. Each brand links to its own profile.

BrandDescriptionWebsite
Limited information is provided about OMC's activities.omcltd.in

Business activity

The main business activity of Odisha Mining Corporation is mining and quarrying. In detail, this covers mining of metal ores.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
BMining and quarryingB3Mining of Metal Ores

To see the full business activity and turnover split of Odisha Mining Corporation Limited, buy the company report.

Financials of Odisha Mining Corporation Limited

FY 2025 filings available

Odisha Mining Corporation Limited reported revenue of ₹25,659 Cr (up 4% YoY) for FY 2025.

Revenue · FY 2025
₹25,659 Cr ▲ 4%
Net profit · FY 2025
₹9,089.27 Cr margin 35.4%
EBITDA · FY 2025
₹12,466 Cr margin 48.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 4%
3 years · compounded
▲ 14%
5 years · compounded
▲ 42%
EBITDA CAGR growth
3 years · compounded
▲ 45%
5 years · compounded
▲ 58%

Revenue has grown at a compounded annual rate (CAGR) of 42% over five years, including 4% growth in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹12,466 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹9,089.27 Cr
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin48.6%
Net Profit Margin35.4%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Odisha Mining Corporation Limited, buy the company report.

Board of directors of Odisha Mining Corporation Limited

Odisha Mining Corporation has 13 current directors and 57 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Rakesh KulsresthaDirector24 May 20233 Years 5 MonthsCurrent
Shanti Lata SahuDirector20 May 20233 Years 5 MonthsCurrent
Sudhansu Mohan SamalManaging Director25 Nov 20241 Years 11 MonthsCurrent
Alok Kumar PalWhole-Time Director31 Mar 20215 Years 7 MonthsCurrent
Kshirod Chandra BrahmaWholetime Director20 Jul 20215 Years 3 MonthsCurrent
Sabyasachi MohantyWhole-Time Director01 Mar 20215 Years 8 MonthsCurrent
Showing 6 of 13 current directors. View all directors

Auditor

Odisha Mining Corporation Limited is audited by Patro & Co. for the financial year 2022.

Auditor firmFinancial yearFirm registration number
Patro & Co.FY 2022310100E

Shareholding

The shareholding of Odisha Mining Corporation Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Odisha Mining Corporation Limited, buy the company report.

Charges & borrowings

Open charges
₹459.06 Cr
Satisfied charges
None
Breakdown by lending institutions
Orissa Rural Housing and Development Corporation Ltd₹160.14 Cr
Bank of Baroda₹65.15 Cr
Allahabad Bank₹41.90 Cr
Bankof Baroda₹27.50 Cr
Uco Bank₹25.00 Cr
Others₹139.38 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
05 May 200590081396Andhra Bank₹13.68 CrOpen
30 Jan 200490082040Uco Bank₹25 CrOpen
25 Jul 200290080018Allahabad Bank₹15 CrOpen
19 Jul 200290081974Union Bank of India₹7 CrOpen
01 Apr 200290081125Bank of Baroda₹36 CrOpen

To see the full charge records of Odisha Mining Corporation Limited, buy the company report.

Total charge records: 70 View all charges

Deals & funding

Odisha Mining Corporation Limited has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹968.55 Cr; the latest was in November 2023.

Total deals
3
Funding rounds
2
Secondary share transfer
1
Disclosed funding
₹968.55 Cr

Deals on record (3 of 3)

WhenDealAmountParties
Nov 2023Funding round₹968.37 CrInvestors: an individual
May 2023Funding round₹17.4 LakhInvestors: an individual
Mar 2006Secondary share transferUndisclosedBuyer: an individual
Seller: The President Of India

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Odisha Mining Corporation Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

Odisha Mining Corporation has 4 joint ventures and 8 associated companies. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.

4
Joint ventures
8
Associated companies

GST

Odisha Mining Corporation has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
21AAACO3324L2ZROdishaActive01 Jul 2017

To see the full GST registrations and return filing status of Odisha Mining Corporation Limited, buy the company report.

Recent activity

Odisha Mining Corporation Limited has 71 board changes on record since 2007: 13 appointments and 58 cessations. The latest: Girish Shanbhog Nagaraj was appointed as Nominee Director on 11 Feb 2026.

Appointed
Girish Shanbhog Nagaraj was appointed as Nominee Director.
Appointed
Santosh Kumar Suar was appointed as Nominee Director.
AGM
Odisha Mining Corporation Limited last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records.
Appointed
Lipsa Das was appointed as Nominee Director.
Ceased
Nihar Ranjan Dash ceased to be Nominee Director.
Ceased
Smita Rout ceased to be Nominee Director.
Ceased
Rajesh Gopalan Nair ceased to be Nominee Director.
Appointed
Rohita Kumar Lenka was appointed as Nominee Director.
Filing
Odisha Mining Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Cuttack.
Ceased
Balwant Singh ceased to be Managing Director.
Appointed
Sudhansu Mohan Samal was appointed as Managing Director.
Ceased
Deoranjan Kumar Singh ceased to be Nominee Director.

157 earlier events are in the company report.

Frequently asked questions

Odisha Mining Corporation is an active private limited state government company based in Khurda, Odisha, India. The company works in mining and mineral extraction, within the metals and minerals industry. It was incorporated on 16 May 1956 (70+ years old) and is registered under CIN U13100OR1956SGC000313.

Odisha Mining Corporation has 13 current directors:

The latest financial statements of Odisha Mining Corporation on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Odisha Mining Corporation is 21AAACO3324L2ZR, registered in Odisha. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Odisha Mining Corporation is U13100OR1956SGC000313. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Odisha Mining Corporation has 439 court cases on record: 92 filed by the company and 348 filed against it. 158 are pending. Most are in the high courts.

Odisha Mining Corporation was incorporated on 16 May 1956, making it 70+ years old. It is registered with the Registrar of Companies, Cuttack.

Odisha Mining Corporation has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹968.55 Cr; the latest was in November 2023.

Girish Shanbhog Nagaraj was appointed as Nominee Director on 11 Feb 2026. Santosh Kumar Suar was appointed as Nominee Director on 29 Oct 2025. Lipsa Das was appointed as Nominee Director on 30 Aug 2025. Odisha Mining Corporation has 71 board changes on record in total.

Odisha Mining Corporation can be reached through the website omcltd.in. Its registered office is in Khurda, Odisha, India.