Dec.Gold Mines

Why is Deccan Gold Mines Ltd falling/rising?

As of 19-Jul, Deccan Gold Mines Ltd's stock price has decreased to Rs 192.95, down 2.77%, due to several factors including underperformance in its sector, declining investor interest, and operational challenges. Despite strong long-term returns, recent financial struggles and lack of domestic mutual fund investment raise concerns about the company's growth prospects.

As of 19-Jul, Deccan Gold Mines Ltd is experiencing a decline in its stock price, currently at Rs 192.95, which reflects a decrease of Rs 5.5 or 2.77%. This downward movement can be attributed to several factors. The stock has underperformed its sector by 2.66% today and has been on a consecutive decline for the last three days, accumulating a total drop of 4.2% during this period. Additionally, the stock touched an intraday low of Rs 192.05, indicating significant selling pressure.<BR><BR>Investor participation has also waned, with delivery volume on July 16 falling by 46.61% compared to the five-day average, suggesting reduced interest from investors. While the stock has shown strong long-term performance, generating a 111.68% return year-to-date and outperforming the BSE500 over various periods, its recent performance indicates weaknesses. The company is facing operational challenges, including negative EBITDA of Rs -44.84 crore and a high Debt to EBITDA ratio of -1.14 times, which raises concerns about its ability to service debt and sustain growth.<BR><BR>Moreover, the company's operating profit has declined significantly, with an annual growth rate of -276.43% over the last five years, and a recent report showed a 47.3% fall in PAT for the quarter. The lack of investment from domestic mutual funds, holding only 0% of the company, may reflect a lack of confidence in its current valuation or business prospects. These factors collectively contribute to the stock's decline.

Which are the latest news on Dec.Gold Mines?

What does Dec.Gold Mines do?

Deccan Gold Mines Limited (DGML) is India's first gold exploration company, incorporated in 1984, with a market cap of INR 3,317 Cr and reported net sales of 9 Cr and net profit of 8 Cr for the quarter ending March 2026. The company operates in the Non-Ferrous Metals industry and has a low debt-equity ratio of 0.08.

Overview:<BR>Deccan Gold Mines Limited (DGML) is the first and only gold exploration company in India, operating within the Non-Ferrous Metals industry and classified as a Small Cap entity.<BR><BR>History:<BR>Deccan Gold Mines Ltd was incorporated on November 29, 1984, originally known as 'Wimper Trading Limited' before changing its name in March 2003. The latest quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 9 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: 8 Cr (Quarterly Results - Mar 2026)<BR>- Market Cap: INR 3,317 Cr (Small Cap)<BR><BR>Key Metrics:<BR>- P/E: N/A<BR>- Industry P/E: 11<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: 0.08<BR>- Return on Equity: -10.61%<BR>- Price to Book: 6.66<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

How big is Dec.Gold Mines?

As of 10th June, Deccan Gold Mines Ltd has a market capitalization of 3,317.00 Cr, with recent net sales of 14.18 Cr and a net loss of 52.60 Cr over the last four quarters. Shareholder's funds are valued at 250.87 Cr, and total assets amount to 401.17 Cr.

As of 10th June, <BR><BR>Market Cap: Deccan Gold Mines Ltd has a market capitalization of 3,317.00 Cr, categorizing it as a Small Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 14.18 Cr, while the sum of Net Profit for the same period reflects a loss of 52.60 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the balance sheet is March 2025. Shareholder's Funds are valued at 250.87 Cr, and Total Assets amount to 401.17 Cr.

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

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). This team is responsible for the company's strategic direction and operations.

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>This team oversees the strategic direction and operations of the company. If you have any more questions about Dec.Gold Mines or its management, feel free to ask!

Who are the peers of the Dec.Gold Mines?

Dec.Gold Mines' peers include Natl. Aluminium, Hindustan Copper, and Lloyds Enterpris, among others. It has below average management risk and growth, with a 1-year return of 24.28%, higher than Lloyds Enterpris but lower than Bhagyanagar Ind's 288.18%.

Peers: The peers of Dec.Gold Mines are Natl. Aluminium, Hindustan Copper, Lloyds Enterpris, Pondy Oxides, Arfin India, Bhagyanagar Ind, Maan Aluminium, Divine Power, and MMP Industries.<BR><BR>Quality Snapshot: Excellent management risk is observed at Natl. Aluminium, while Good management risk is found at Hindustan Copper and Pondy Oxides, and Average management risk is present at Lloyds Enterpris, Arfin India, Maan Aluminium, and Divine Power, and the rest. Below Average management risk is noted at Dec.Gold Mines and Bhagyanagar Ind. Excellent growth is seen at Hindustan Copper, Lloyds Enterpris, Pondy Oxides, Bhagyanagar Ind, and Divine Power, while Good growth is found at Natl. Aluminium and the rest. Below Average growth is noted at Dec.Gold Mines, Arfin India, Maan Aluminium, and MMP Industries. Excellent capital structure is observed at Natl. Aluminium, Hindustan Copper, and Lloyds Enterpris, while Good capital structure is present at Maan Aluminium and MMP Industries, and the rest. Below Average capital structure is noted at Dec.Gold Mines, Arfin India, Bhagyanagar Ind, Divine Power.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Bhagyanagar Ind at 288.18%, while the peer with the lowest is Lloyds Enterpris at -10.19%. Dec.Gold Mines has a 1-year return of 24.28%, which is higher than Lloyds Enterpris but lower than Bhagyanagar Ind. Additionally, the six-month return is negative for Pondy Oxides, Maan Aluminium, and MMP Industries.

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

Are Deccan Gold Mines Ltd latest results good or bad?

Deccan Gold Mines Ltd's latest results are concerning, showing a 47.27% decline in net profit despite a significant 1885.11% increase in net sales. The company faces ongoing operational challenges, substantial losses, and rising long-term debt, indicating financial instability.

Deccan Gold Mines Ltd's latest results present a mixed picture, leaning towards negative overall. In Q4 FY26, the company reported a consolidated net profit of ₹7.62 crores, which is a significant decline of 47.27% year-on-year. While net sales surged dramatically by 1885.11% to ₹9.33 crores compared to the same quarter last year, this spike in revenue is overshadowed by persistent operational challenges.<BR><BR>The operating margin for the quarter was deeply negative at -222.03%, indicating that the company is struggling to manage its costs effectively despite the revenue increase. Furthermore, the company has reported substantial losses over the past fiscal year, with a net loss of ₹83 crores against total revenues of just ₹3 crores in FY25. This raises concerns about its financial sustainability.<BR><BR>Additionally, the company has seen a significant increase in its long-term debt, which now stands at ₹97.25 crores, raising questions about its ability to service this debt given its negative cash flow situation. The volatility in revenue and ongoing operational losses suggest that while there are moments of revenue growth, they are not translating into a stable or profitable business model.<BR><BR>In summary, while there are some positive indicators, such as the dramatic increase in net sales, the overall financial health of Deccan Gold Mines Ltd appears to be concerning, characterized by ongoing losses and a challenging operational environment.

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.

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.

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.

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.

Has Dec.Gold Mines declared dividend?

No Dividend History Available