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Companies›Commodities›Metals & Mining›Non - Ferrous Metals
NSE:DECNGOLD

DECCAN GOLD MINES LTD.

Metals & Mining › Non - Ferrous Metals
₹172.50
at close · 28 Oct 2026
▲ 2.00 (+1.17%)

Latest filings

  1. All 8 Spain drill holes show tungsten mineralisation · Compliance
  2. Positive preliminary tungsten and tin results at Spain project · Business Updates
  3. Compliance Certificate under SEBI Reg 74(5) for Q2 FY27 · Compliance
All filings ↓
Ask Nexa about DECCAN GOLD MINES LTD.

Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Operates a portfolio of gold and critical minerals projects across India, Kyrgyzstan, Spain and Mozambique. Holds a 26% stake in associate Geomysore Services India, which operates the Jonnagiri Gold Mine in Andhra Pradesh, described as India's first private gold mine since independence. Owns 60% of the Altyn Tor gold project in Kyrgyzstan through subsidiary Avelum Partner, where the gravity circuit has been commissioned and full production is targeted for August 2026. Active exploration portfolio includes the 100%-owned Bhalukona Nickel-Copper-PGE project in Chhattisgarh, a 51% earn-in at the Logrosan tungsten-tin-rare earth project in Spain, and lithium-tantalum and copper-gold prospects in Mozambique. Standalone revenue was ₹0.868 crore in FY26 with materials at 160% of revenue, employee cost at 4,540%, other operating expenses at 2,098%, depreciation at 1,896% and capex at 11,271% of revenue, reflecting the pre-production stage of most assets. A ₹315 crore rights issue in FY26 cleared all debt and made the company debt-free.

Operating scale
Jonnagiri ore processing capacity
1,000 tpd (expanding to 2,500 tpd)FY26
Jonnagiri FY27 gold output target
600 kg refined goldFY27
Kyrgyzstan peak leaching capacity
~1 kilo of gold per dayTarget August 2026
Bhalukona drilling completed
1,500 m across 9 diamond drill holesMay 2026
Bhalukona mineralised corridor
430 m strike length, 200 m depthMay 2026
Logrosan earn-in commitment
EUR 1.76 million for 51% stakeBy March 2027
Who pays it
Refined gold sold to bullion buyers; exploration assets are pre-revenue.
Biggest cost
Mining capex, drilling and employee costs across multiple exploration and development projects.
Kind of business
Pre-revenue, multi-asset mining group with projects in commissioning and exploration.
Where it sits
Through 26%-owned Jonnagiri associate, holds India's first private-sector gold mine since independence; expanding into critical minerals across India, Kyrgyzstan, Spain and Mozambique.
Market Cap
₹3,414 Cr
P / E (TTM)
—
EV / EBITDA
—
Div Yield
—
Growth
—·
Revenue 5y CAGR
PAT — · EBITDA —
Quality
-11.9%·
ROCE (5y median)
ROE -13.0% (5y median) · margin -5162.6%
Leverage
0.10·
Debt / Equity · low
Net debt ₹40 Cr
Moves on a normal day
2.43%·
Median daily move
Last 130 sessions · the yardstick for filing-day moves
Where it sits among 23 Non - Ferrous Metals peersBar = share of peers beaten · tick = industry median · latest reported figures
P/B#15/20
ROCE#24/24
ROE#20/20
Debt / Equity#7/20
EBITDA margin#19/19
Revenue growth#1/21
Profit growth#17/20

Scorecard

Measured from the filed financials, judged against its Non - Ferrous Metals peers · as of FY26 — not investment advice

Strengths
Debt at 0.10× equity
lower than 68% of its 20 Non - Ferrous Metals peers
Concerns
Erratic profits — up in only 2 of the last 5 years
Negative returns on capital — −11.9% (5-year median)
#24 of 24 in Non - Ferrous Metals on the latest reported figures · down from −7.1% in FY21
Heavy working capital — 18211 days of cash tied up

Charts

How has the market priced it — with filings on the timeline?

DECNGOLD · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from DECCAN GOLD MINES LTD.'s filed financials and exchange disclosures

What does DECCAN GOLD MINES LTD. do?

DECCAN GOLD MINES LTD. is a Non - Ferrous Metals company listed on NSE and BSE, trading under the symbol DECNGOLD.

Is DECCAN GOLD MINES LTD. profitable?

No. Over the trailing twelve months DECCAN GOLD MINES LTD. reported a net loss of ₹64 Cr on revenue of ₹0.87 Cr.

Does DECCAN GOLD MINES LTD. pay a dividend?

Not in the latest reported year — DECCAN GOLD MINES LTD.'s dividend payout for FY26 was nil.

Is DECCAN GOLD MINES LTD. debt-free?

No. It reported borrowings of ₹51 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹40 Cr after cash. Debt stands at 0.10× equity. That is lower than 68% of its 20 Non - Ferrous Metals peers.

How much does the DECCAN GOLD MINES LTD. share price move in a day?

On a typical session DECCAN GOLD MINES LTD. moves 2.43% — that is the median absolute close-to-close move across its last 130 trading days. MarketPing measures each filing's price reaction against it.

Where can I track DECCAN GOLD MINES LTD.'s announcements?

Every NSE and BSE filing by DECCAN GOLD MINES LTD. appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.