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. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Gold mining — India (Jonnagiri via 26% associate), Gold mining — Kyrgyzstan Altyn Tor (60% subsidiary), Critical minerals exploration, Gold and copper-gold exploration. Pre-revenue, multi-asset mining group with projects in commissioning and exploration.
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 0 | 0 | 3 | 4 | 1 |
| EBITDA (ex other income) | (3) | (3) | (16) | (63) | (58) |
| margin % | — | — | (480.8) | (1639.6) | (6698.2) |
| Owners' profit | (3) | (3) | (64) | (33) | (53) |
| EPS, as reported (₹) | (0.28) | (0.22) | (4.67) | 2.16 | 3.06 |
| ROE % · ROCE % | (6.3) · (6.3) | (1.8) · (1.7) | (30.5) · (11.9) | (17.7) · (21.8) | (13.0) · (12.4) |
| Debt / equity (x) | 0.01 | 0.02 | 0.47 | 0.61 | 0.10 |
| Cash from operations | (0) | (2) | (57) | (51) | (52) |
| Capex | 0 | 0 | (0) | (4) | (98) |
| ₹ crore | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2 | 1 | 1 | 0 | 0 | 0 | 0 | 1 |
| Profit before tax | (7) | (24) | (26) | (27) | (31) | (17) | (20) | (8) |
| Net profit | 38 | (68) | (25) | 12 | (28) | (20) | (22) | 6 |
| EPS (₹) | 2.59 | (4.33) | (1.63) | 0.78 | 1.63 | 1.05 | 1.11 | 0.44 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| DECCAN GOLD MINES LTD. ◆ | 4,546 | 54.3 | 9.17 | — | (13.0) | (15.4) | — | (218.7) |
| Nanavati Ventures Limited | 36 | 119.0 | — | — | — | 0.7 | — | — |
| SPARKLE GOLD ROCK LIMITED | 31 | 7.5 | 5.87 | — | 78.6 | 99.4 | — | 7.9 |
| UTIQUE ENTERPRISES LIMITED | 22 | 6.0 | 0.94 | (2.4) | 2.9 | 1.7 | — | — |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 11 Sept 2026 · Kyrgyz President to inaugurate Deccan Gold's Altyn Tor gold project on Sept 12 | business updates | high | — | — |
| 8 Sept 2026 · 42nd AGM notice published in newspapers, book closure Sept 23-29, 2026 | compliance | minimal | — | — |
| 7 Sept 2026 · FY26 Annual Report link and 42nd AGM notice shared with shareholders | investor communications | medium | — | — |
| 7 Sept 2026 · Deccan Gold FY26 Annual Report: First Gold Production Milestones | results | high | — | — |
| 7 Sept 2026 · 42nd AGM notice and FY26 integrated annual report filed | board shareholder meetings | medium | — | — |
| 5 Sept 2026 · Notice to shareholders for 42nd AGM - update email and KYC details | compliance | minimal | — | — |
| 4 Sept 2026 · 42nd AGM set for Sept 29; book closure and e-voting announced | board shareholder meetings | low | — | — |
| 4 Sept 2026 · 42nd AGM on Sep 29, 2026 via VC; book closure Sep 23-29 | board shareholder meetings | low | — | — |
| 4 Sept 2026 · Re-appointment of Mr. Pandarinathan Elango as Independent Director for second term | management changes | medium | — | — |
| 4 Sept 2026 · Board re-appoints independent director, fixes AGM date | management changes | medium | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) |
| AMANAYA VENTURES LIMITED |
| 5 |
| 10.4 |
| 0.95 |
| — |
| 3.8 |
| 5.2 |
| — |
| 0.1 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 54.3 | 17.0 | 21 of 24 | 13% |
| P/B | 9.2 | 3.1 | 16 of 20 | 21% |
| ROCE | (15.4) | 7.8 | 24 of 24 | 0% |
| ROE | (13.0) | 7.6 | 20 of 20 | 0% |
| Debt / Equity | 0.1 | 0.4 | 7 of 20 | 68% |
| EBITDA margin | (218.7) | 6.8 | 19 of 19 | 0% |
| Revenue growth | 5300.0 | 13.6 | 1 of 21 | 100% |
| Profit growth | (51.5) | 55.9 | 17 of 20 | 16% |
| Market cap | 4546 | 254 | 5 of 24 | 83% |
| A state: the latest filed quarter and the measured reactions |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
