Deccan Gold Mines

NSE: DECNGOLDBSE: 512068
Compare with peers
₹ 172.48▲ 2.13 (+1.25%)28 Oct, 03:29 pm IST
Market cap
₹ 3,258 Cr.
P/E
998.9x
P/B
6.51x
52-week range
114.8 – 250.8
ROE
−14%
ROCE
−13%
Dividend yield
0%
Debt / equity
0.1
Sector
Non - Ferrous Metals
Industry
Precious Metals
Listed on
NSE, BSE

About

Deccan Gold Mines Limited is an India-based gold exploration company. The Company operates through a single segment, which is Gold Exploration and Mining. Its projects include Jonnagiri Gold Project, Andhra Pradesh, India; Altyn Tor Gold Project, Kyrgyzstan; Syrjala-Kalevala Gold Project, Finland; DGTPL Prospecting Licenses, Tanzania, and Bhalukona-Jamnidih Ni, Cr and Associated PGE Block, Chhattisgarh, India. It engages in geological exploration, feasibility studies, mine planning, and project development activities to support mineral resource extraction. It provides consultancy and technical services related to mineral exploration, including geological mapping, drilling supervision, and feasibility assessments for third‑party mining and infrastructure projects. It has undertaken exploration activities across parts of Karnataka, Andhra Pradesh, and Kerala. The exploration areas include the Dharwar–Shimoga Belt, Hutti–Maski Belt, Mangalur Schist Belt, and Ramagiri Schist Belt.

Quick check

The five things to look at first. Open one for more.

Compared with its industry

Precious Metals: 6 companies →

Deccan Gold Mines against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

  • Valuation (P/E)998.9 against a typical 30.4: pricier than most peers (1st = cheapest).6th of 6
  • Sales growth+57.9% against a typical +57.9% from a year earlier.3rd of 5
  • Share price, 3 months−10.2% against a typical −5.2%.5th of 5
  • Size₹ 3,257.8 Cr. market value against a typical ₹ 32 Cr. (1st = largest).2nd of 6

Fund raises

QIPs, preferential issues, warrants and rights issues, one row per filing, newest first. Open a row for details. All fund raise updates

Equity fund raises
StageDetails
3 Dec 2025Rights issueBoard approved₹ 314.7 Cr.₹ 80+115.6%
8 Nov 2025Rights issueBoard approved₹ 315 Cr.——

Share price

1Y change +43.49%
Volume (shares)Price (₹)
Close price

Financials

Consolidated figures in ₹ crore.

Quarterly results
₹ Cr.Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales003341003191
Expenses27872524222512121112
Operating Profit−2−6−4−4−21−23−21−24−9−10−1−12
OPM %−3,666.7%−2,090.3%−137.8%−120.5%−572.9%−2,102.8%−4,506.4%−6,352.6%−302.9%−715.6%−13.9%−1,938.3%
Other Income000000000000
Interest002000345601
Depreciation234333333373
Profit before tax−4−9−10−7−24−26−27−31−17−20−8−15
Tax %0%0%0.3%0%0%0%0%−0.4%0%−0.3%1%0%
Net Profit−45−6838−68−2512−28−20−226−9
EPS in Rs−0.240.28−3.662.07−3.35−1.090.74−1.25−0.84−0.960.39−0.33

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
—
5 Years
—
3 Years
250%
TTM
159%
Compounded Profit Growth
10 Years
—
5 Years
—
3 Years
—
TTM
64%
Stock Price CAGR
10 Years
15%
5 Years
69%
3 Years
41%
TTM
—
Return on Equity
10 Years
−15%
5 Years
−17%
3 Years
−19%
TTM
—

Shareholding

Latest: Jun 2026.

Promoters
20.53%
−3.63 pts in a year
FIIs
2.14%
+0.31 pts in a year
DIIs
0.53%
+0.39 pts in a year
Public
76.8%
+2.92 pts in a year

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 998.9xEPS (12 months) ₹ 0.17Median P/E 1,240.1x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
Deccan Gold Mines₹ 172.48₹ 3,258 Cr.998.9x6.5x−14%—
MMTC₹ 50.43₹ 8,016 Cr.95.3x4.5x20.3%11,366%
Midwest Energy Ltd₹ 247.00₹ 321 Cr.—12.2x−5.3%−161.8%

Management

Krishnamurthy Karunakaran
Chief Finance Officer, Director - Deccan Exploration Services Private Limited
Subramaniam Sundaram
Compliance Officer, Whole-time Director, Company Secretary
Modali Hanuma Prasad
Managing Director, Executive Director
Saradchandra Rao Peshwa
Director - Deccan Exploration Services Private Limited

Prices are delayed and for information only. Nothing on this page is investment advice.