NSE: DECNGOLD · BSE: 512068 · ISIN INE945F01025
Deccan Gold Mines Limited stock analysis
Deccan Gold Mines Limited ranks #1965 in the TickerSutra evidence-ranked universe with a score of 49/100 and 95% data confidence. The latest captured fundamentals show ROCE of -13.1%, quarterly sales growth of 57.9% and quarterly profit growth of 73.2%.Avoid / exit review
INVESTMENT EVIDENCE
What supports—and challenges—the thesis
Evidence in favour
- Low debt/equity of 0.1×
- Strong CFO/EBITDA of 1.16×
- Institutional ownership is rising
- CWIP indicates an active capacity pipeline
- No promoter shares are reported as pledged
Risks and constraints
- Promoter holding is below 25%
Still unresolved: Related-party exposure · Broad media sentiment
FINANCIAL TRAJECTORY
Recent operating history
| Period | Revenue | Operating profit | Net profit | Operating margin |
|---|---|---|---|---|
| 2022 | ₹0cr | ₹-3cr | ₹-3cr | -6625.0% |
| 2023 | ₹0cr | ₹-2cr | ₹-3cr | -712.0% |
| 2024 | ₹3cr | ₹-12cr | ₹-64cr | -347.0% |
| 2025 | ₹4cr | ₹-63cr | ₹-43cr | -1638.0% |
| 2026 | ₹14cr | ₹-45cr | ₹-64cr | -316.0% |
| TTM | ₹14cr | ₹-32cr | ₹-45cr | -224.0% |
EXCHANGE EVENT TRIGGERS
Latest corporate disclosures
please refer the attached letter.
RoutineDeccan Gold Mines Ltd - 512068 - Shareholder Meeting / Postal Ballot-Outcome of AGMBSE · 29 Sept 2026Proceedings of the 42nd Annual General Meeting of the Company.
RoutineDeccan Gold Mines Ltd - 512068 - Closure of Trading WindowBSE · 28 Sept 2026Closure of Trading Window for the quarter ended September 30, 2026.
MANAGEMENT COMMENTARY
Signals from filed documents
It increased by 196% and lithium that has gone up by 108% because of the battery and also tin and nickel and of course Deccan Goldmines Limited August 12, 2026 Page 16 of 28 graphite it is increased by 5% but that is all going to be in spite of significant synthetic graphite that is being produced in the market , the natural graphite prices are still going up that shows the importance of graphite in terms of battery
Hanuma P Modali: Once again thank you very much all the shareholders, investors, Without your support obviously we could not have achieved this and as a management team we are fully committed to develop all these projects and also look for more projects. I am sure with the kind of team that we have now which can deliver from end to end like greenfield exploration to final metal. We are capable of doing these kind of
I think that is the strategy we thought of. So let us see in the next quarter, I think the investors should look forward for the full-scale commercial production from Kyrgyzstan that will actually join or add to our top line and whereas the PA T will come from both the projects. And then there will be a lot of resource development that would have happened on the other projects as well.
And the other project, other question is there are a couple of questions on research? What is that we are going to produce this year and starting from September , a week here and there from September up to March we are staying on around , we will have roughly 180 days of time and we are confident we would be able to reach to this 150, 160 kilos of production in 2027 from Dehesa and from then onwards 300 to 350 kilos
So, this project is something which we are going to spend good amount of money. In fact, t he money if it is raised, if it is approved by the shareholders, we are going to use to develop this project. So, the other one is Logrosan Tungsten project.
HOW TO READ THIS PAGE
Evidence, freshness and limitations
What does the TickerSutra score mean?
The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.
Which sources support this page?
Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.
Why can an item be unresolved?
Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.
Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer
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