ALFA Finder| Management target | Revenue 2029 |
|---|
| Margins | Associate profit contribution supporting long-term strategy. |
|---|---|
| Demand visibility | Gold and critical minerals (Lithium, Tantalum, Tungsten) focus. |
| Management confidence | High; transitioning to production-oriented mining company via capital infusion. |
Growth
Jonnagiri Q1 revenue ₹87.16 Cr; 59kg gold sold. Associate Geomysore contributed ₹6.35 Cr profit.
Outlook
Approved ₹137 Cr capital raise. Target >1t gold p.a. by 2029 at Jonnagiri; Altyn Tor full-scale production starting Q3 2026.
Risks
Ongoing legal proceedings regarding Ganajur Mining Lease; Altyn Tor project still in development stage.
Last quarter's promises, checked
Delivered
- Clear all debts by end of March 2026 → delivered (became debt-free in that quarter)
- Raise ₹315 Crores through rights issue → delivered (raised ₹315 Crores)
- Commission Altyn Tor gravity circuit → delivered (gravity circuit commissioned)
Partly delivered
- Jonnagiri inauguration → delivered June 2026 (= PARTIAL/DELAYED)
- Altyn Tor FY2027 revenue ₹300 Cr → current call shows development stage (= PARTIAL)
Missed
- Altyn Tor full-scale production by August 2026 → delivered Q3 2026 (= MISS)
- Altyn Tor Doré bar production by June 2026 → delivered August 2026 (= MISS)
Investor Presentation filed with BSE, NSE: DECNGOLD. Summary written with AI assistance from the document.
Deccan Gold Mines Ltd: key numbers
- Share price
- ₹188.20
- Market cap
- ₹3,707 Cr
- Revenue (annual)
- ₹0.87 Cr
- Net profit (annual)
- ₹-52.60 Cr
- P/E (TTM)
- -107.4×Sector 17.1×
- Promoter holding
- 20.30%-0.23% QoQ
- FII holding
- 2.45%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 Business Update
Deccan Gold's subsidiary Avelum Partner signed a refining and sale agreement with Kyrgyzaltyn. A first 1.2 kg doré consignment was dispatched to validate procedures.
Deccan Gold Mines Board Meeting Date
Deccan Gold Mines Ltd will hold a board meeting on November 13, 2026. The board will consider unaudited financial results for the quarter ended September 2026.
Deccan Gold Mines Business Update
Deccan Gold reports maiden drilling at Spain's Logrosan project intersected economic tungsten-tin mineralisation in all eight holes. Preliminary model suggests over 2,000 tonnes of WO3 potential.
Deccan Gold Mines Other Announcement
Deccan Gold Mines Ltd has filed its quarterly shareholding pattern as mandated under Regulation 31 of SEBI LODR for the period ended September 30, 2026.
Deccan Gold Mines Other Announcement
Director Hanuma Prasad Modali sold 8.5 lakh equity shares of Deccan Gold Mines Ltd via an off-market transaction valued at approximately Rs.19.12 Crore.
- Value
- ₹19.12 Cr
Deccan Gold Mines Capital Structure Change
Deccan Gold Mines Limited has allotted 34,000 equity shares under its ESOP scheme. The allotment increases the company's paid-up share capital.