Dec.Gold Mines

Has Dec.Gold Mines declared dividend?

No Dividend History Available

Who are the peers of the Dec.Gold Mines?

Dec.Gold Mines' peers include Hindustan Zinc, Vedanta, Hindalco Inds., National Aluminium, and Hindustan Copper, among others. In terms of performance, Pondy Oxides leads with a 1-year return of 137.22%, while Hindustan Zinc has the lowest at -32.24%.

Peers: The peers of Dec.Gold Mines are Hindustan Zinc, Vedanta, Hindalco Inds., Natl. Aluminium, Hindustan Copper, Pondy Oxides, Maan Aluminium, Owais Metal, MMP Industries.<BR><BR>Quality Snapshot: Excellent management risk is observed at Vedanta, while Good management risk is found at Hindalco Inds., Natl. Aluminium, and Hindustan Copper, and the rest have Average management risk. Excellent growth is noted at Vedanta and Hindalco Inds., while Good growth is seen at Natl. Aluminium and Hindustan Copper, and the rest have Below Average growth. Excellent capital structure is present at Hindustan Zinc, Natl. Aluminium, and Hindustan Copper, while Good capital structure is found at Vedanta, Pondy Oxides, and MMP Industries, and the rest have Average or Below Average capital structure.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Pondy Oxides at 137.22%, while the peer with the lowest is Hindustan Zinc at -32.24%. Dec.Gold Mines has a 1-year return of 39.67%, which is significantly higher than Hindustan Zinc but lower than Pondy Oxides. Additionally, Hindustan Zinc, Hindustan Copper, and Natl. Aluminium have negative six-month returns.

Who are in the management team of Dec.Gold Mines?

As of March 2023, the management team of Dec.Gold Mines includes Subramaniam Sundaram (Executive Director & Company Secretary), Modali Hanuma Prasad (Managing Director), Govind Subhash Samant (Non-Executive & Non-Independent Director), Kailasam Sundaram (Chairman, Non-Executive), Andrew Mark Weeks (Independent Director), and Deepthi Donkeshwar (Independent Director).

As of March 2023, the management team of Dec.Gold Mines includes the following individuals:<BR><BR>1. Subramaniam Sundaram - Executive Director & Company Secretary<BR>2. Modali Hanuma Prasad - Managing Director<BR>3. Govind Subhash Samant - Non-Executive & Non-Independent Director<BR>4. Kailasam Sundaram - Chairman (Non-Executive)<BR>5. Andrew Mark Weeks - Independent Director<BR>6. Deepthi Donkeshwar - Independent Director<BR><BR>These individuals play key roles in the governance and management of the company.

What does Dec.Gold Mines do?

Deccan Gold Mines Limited (DGML) is a small-cap gold exploration company established in 2003, focusing on the Non-Ferrous Metals industry. As of March 2025, it reported net sales of 5 Cr and a net profit of 144 Cr, with a market cap of INR 2,249 Cr.

Overview:<BR>Deccan Gold Mines Limited (DGML) is a gold exploration company operating in the Non-Ferrous Metals industry and is categorized as a Small Cap firm.<BR><BR>History:<BR>Deccan Gold Mines Limited was established in 2003 by Australian promoters with a background in mining and exploration. The company underwent a name change to Deccan Gold Mines Limited on March 19, 2003. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>- Net Sales: 5 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: 144 Cr (Quarterly Results - Mar 2025)<BR>- Market Cap: INR 2,249 Cr (Small Cap)<BR><BR>Key Metrics:<BR>- P/E: N/A<BR>- Industry P/E: 8<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: 0.54<BR>- Return on Equity: -13.62%<BR>- Price to Book: 9.27<BR><BR>Contact Details:<BR>Address: 501 Ackruti Trade Center Road, No 7 MIDC Andheri East Mumbai Maharashtra : 400093<BR>Email: info@deccangoldmines.com<BR>Website: http://www.deccangoldmines.com

Who are the top shareholders of the Dec.Gold Mines?

The top shareholders of Dec.Gold Mines include Rama Mines (Mauritius) Limited with 14.43%, Hira Infra Tek Limited with 9.99%, and individual investors holding 43.94%. There are no pledged promoter holdings or mutual funds invested in the company, and four foreign institutional investors hold a total of 1.84%.

The top shareholders of Dec.Gold Mines include Rama Mines (Mauritius) Limited, which holds the highest promoter stake at 14.43%. The highest public shareholder is Hira Infra Tek Limited, with a holding of 9.99%. Additionally, individual investors collectively own 43.94% of the company's shares. There are also four foreign institutional investors (FIIs) that hold a total of 1.84%. Notably, there are no pledged promoter holdings and no mutual funds currently invested in the company.

How big is Dec.Gold Mines?

As of 24th July, Deccan Gold Mines Ltd has a market capitalization of 2,222.00 Cr and reported net sales of 8.27 Cr with a net loss of 32.80 Cr over the latest four quarters. Shareholder's funds are 211.41 Cr, and total assets are valued at 325.14 Cr.

As of 24th July, Deccan Gold Mines Ltd has a market capitalization of 2,222.00 Cr, categorizing it as a Small Cap company.<BR><BR>In the latest four quarters, the company reported net sales of 8.27 Cr. However, it faced a loss of 32.80 Cr in net profit during the same period.<BR><BR>The latest annual period for the balance sheet is March 2024. Shareholder's funds stand at 211.41 Cr, while total assets are valued at 325.14 Cr.

Is Dec.Gold Mines technically bullish or bearish?

As of November 20, 2025, Dec. Gold Mines has shifted to a mildly bearish trend, indicated by bearish signals from MACD, KST, and Bollinger Bands on weekly and monthly time frames, despite mildly bullish daily moving averages.

As of 20 November 2025, the technical trend for Dec.Gold Mines has changed from mildly bullish to mildly bearish. The current technical stance is mildly bearish, driven by the weekly and monthly MACD and KST indicators both showing mildly bearish signals. Additionally, Bollinger Bands indicate a bearish trend on both weekly and monthly time frames. While the daily moving averages are mildly bullish, they are overshadowed by the overall bearish signals in the longer time frames. The Dow Theory shows a mildly bullish stance on the monthly, but the lack of a clear trend on the weekly further supports the bearish outlook.

How has been the historical performance of Dec.Gold Mines?

Dec.Gold Mines has seen net sales grow from 0.04 Cr in Mar'21 to 5.18 Cr in Mar'25, but continues to incur significant losses, with an operating profit of -61.20 Cr and a profit before tax of -83.70 Cr in Mar'25. Despite an increase in total assets to 325.14 Cr, the company faces ongoing negative cash flow from operations at -57.00 Cr.

Answer:<BR>The historical performance of Dec.Gold Mines shows a significant increase in net sales over the years, rising from 0.04 Cr in Mar'21 to 5.18 Cr in Mar'25. However, the company has faced substantial operating losses, with an operating profit (PBDIT) of -61.20 Cr in Mar'25, compared to -11.61 Cr in Mar'24. The total expenditure has escalated dramatically, reaching 66.38 Cr in Mar'25 from 15.31 Cr in Mar'24. Despite the increase in sales, the company reported a profit before tax of -83.70 Cr in Mar'25, indicating worsening financial health. The consolidated net profit also reflects this trend, with losses of -32.80 Cr in Mar'25, although this is an improvement from -63.69 Cr in Mar'24. The company's total assets increased to 325.14 Cr in Mar'24 from 165.85 Cr in Mar'23, largely due to a rise in current liabilities, which reached 113.13 Cr in Mar'24. Cash flow from operating activities remained negative at -57.00 Cr in Mar'24, while cash flow from financing activities showed a positive inflow of 211.00 Cr.<BR><BR>Breakdown:<BR>Dec.Gold Mines has demonstrated a remarkable growth in net sales, escalating from 0.04 Cr in Mar'21 to 5.18 Cr in Mar'25, yet this growth has not translated into profitability, as evidenced by the operating profit (PBDIT) plunging to -61.20 Cr in Mar'25 from -11.61 Cr in Mar'24. The total expenditure surged to 66.38 Cr in Mar'25, reflecting increased operational costs. The company’s profit before tax deteriorated to -83.70 Cr in Mar'25, while the consolidated net profit showed a slight improvement to -32.80 Cr from -63.69 Cr in the previous year. On the balance sheet, total assets rose significantly to 325.14 Cr in Mar'24, driven by a notable increase in current liabilities, which reached 113.13 Cr. The cash flow analysis reveals persistent negative cash flow from operating activities at -57.00 Cr in Mar'24, although financing activities contributed positively with an inflow of 211.00 Cr, indicating reliance on external funding amidst operational challenges.

When is the next results date for Deccan Gold Mines Ltd?

The next results date for Deccan Gold Mines Ltd is 13 February 2026.

The next results date for Deccan Gold Mines Ltd is scheduled for 13 February 2026.

Are Deccan Gold Mines Ltd latest results good or bad?

Deccan Gold Mines Ltd's latest results are concerning, showing a net loss of ₹18.92 crores and a 53.92% drop in net sales quarter-on-quarter. The company's negative operating margin and high employee costs indicate significant financial challenges, making the outlook uncertain for potential investors.

Deccan Gold Mines Ltd's latest results indicate a challenging financial situation. In the third quarter of FY26, the company reported a net loss of ₹18.92 crores, which is a 10.08% increase in losses compared to the same quarter last year. Additionally, net sales dropped significantly by 53.92% quarter-on-quarter to just ₹1.41 crores, although there was a year-on-year improvement of 31.78% from ₹1.07 crores in Q3 FY25.<BR><BR>The operating margin is deeply negative at -25,275%, reflecting the company's struggle to generate sustainable revenue amidst high operational costs. Employee costs are particularly concerning, accounting for 586% of quarterly revenue, which is unsustainable without a shift towards commercial production.<BR><BR>Overall, the financial performance highlights significant challenges, with persistent losses and a high debt burden. The outlook remains uncertain, and the company is at risk without substantial changes to its cost structure or a successful transition to revenue-generating operations. Therefore, the latest results can be classified as bad, indicating a need for caution for potential investors.

Should I buy, sell or hold Deccan Gold Mines Ltd?

Why is Deccan Gold Mines Ltd falling/rising?

As of 16-Mar, Deccan Gold Mines Ltd's stock price is declining, currently at 92.85, with a total drop of -10.94% over the last three days and significant negative returns over the past week and month. Weak fundamentals, including operating losses and a high Debt to EBITDA ratio, along with cautious investor sentiment, contribute to this bearish trend.

As of 16-Mar, Deccan Gold Mines Ltd is experiencing a decline in its stock price, currently at 92.85, reflecting a change of -0.7 (-0.75%). The stock has been on a downward trend, having fallen consecutively for the last three days, resulting in a total decline of -10.94% during this period. This performance is further highlighted by its poor returns over the past week and month, with declines of -8.57% and -26.89%, respectively, while the benchmark Sensex has also seen negative returns but to a lesser extent.<BR><BR>The company's fundamentals are concerning, as indicated by its operating losses and a significant negative growth rate of -286.09% in operating profit over the last five years. Additionally, the high Debt to EBITDA ratio of -1.00 times suggests a low ability to service debt, which raises further red flags for investors. Despite a slight year-to-date gain of +1.87%, the overall performance over the past year has been lackluster, with a return of -0.37%.<BR><BR>Investor sentiment appears to be cautious, as evidenced by the negligible stake held by domestic mutual funds, which may indicate a lack of confidence in the company's prospects at current price levels. Although there has been a rise in delivery volume, increasing by 97.1% against the five-day average, this has not translated into a positive price movement. The stock is trading below its moving averages across various time frames, further indicating a bearish trend. Overall, the combination of weak fundamentals, poor recent performance, and cautious investor sentiment contributes to the ongoing decline in Deccan Gold Mines Ltd's stock price.

Which are the latest news on Dec.Gold Mines?