| Margins | Jonnagiri project shows strong profitability with ₹25.6 Cr PAT. |
|---|---|
| Demand visibility | Strong gold production targets set for 2029. |
| Management confidence | High |
Growth
Jonnagiri gold project achieved Q1 doré production of 112.683 kg and ingot production of 89.702 kg.
Outlook
Approved ₹137 Cr capital raise for expansion. Targeting >1t gold production per annum by 2029.
Risks
Legal proceedings regarding the Ganajur mining lease remain pending at the Supreme Court level.
Last quarter's promises, checked
Delivered
- Raise ₹315 Cr to clear debt → Raised ₹315 Cr and became debt-free (= BEAT)
- Jonnagiri trial production revenue → Generated ₹871.6M revenue (= BEAT)
- Altyn Tor first gold production → Produced first doré Aug 5, 2026 (= BEAT)
Partly delivered
- Jonnagiri Q1 production → Delivered 112.7kg doré vs ~150kg implied quarterly target (= PARTIAL)
Missed
- Kyrgyzstan full leaching circuit by July → Still transitioning in Q1 (= MISS)
Earnings Call Transcript filed with BSE, NSE: DECNGOLD. Summary written with AI assistance from the document.
Deccan Gold Mines Ltd: key numbers
- Share price
- ₹213.50
- Market cap
- ₹4,205 Cr
- Revenue (annual)
- ₹14.20 Cr
- Net profit (annual)
- ₹-52.60 Cr
- P/E (TTM)
- -121.8×Sector 19.0×
- Promoter holding
- 20.53%-0.09% QoQ
- FII holding
- 2.14%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Deccan Gold Mines Ltd
All →Deccan Gold Mines Other Announcement
Director Subramaniam Sundaram sold 26,217 shares of Deccan Gold Mines Ltd in the open market for a total consideration of approximately ₹0.58 Crore.
- Value
- ₹0.58 Cr
Deccan Gold Mines Other Announcement
Designated Person Rajeev Pralhadrao Hanamasagar sold 14,923 equity shares of Deccan Gold Mines Ltd in the open market between September 22 and 23, 2026.
- Value
- ₹0.33 Cr
Deccan Gold Mines Other Announcement
Deccan Gold Mines filed a PIT disclosure for Designated Person Vinod Kumar Manjunath selling 25,000 shares worth Rs. 0.55 Crore via NSE market sales.
- Value
- ₹0.55 Cr
Deccan Gold Mines Other Announcement
Deccan Gold Mines disclosed PIT Reg 7(2) Designated Person sales of 100 and 75 shares on BSE and NSE. Both were routine compliance filings.
Deccan Gold Mines Annual General Meeting
Deccan Gold Mines issued a corrigendum to its 42nd AGM notice to correct a resolution type from special to ordinary for a related party transaction.
Deccan Gold Mines Other Announcement
An immediate relative of a person associated with Deccan Gold Mines sold 2,220 equity shares worth ₹5.18 Lakh in a market transaction.
- Value
- ₹0.05 Cr