Deccan Gold Mines Ltd
Deccan Gold Mines Limited was established in the year 2003 by Australian promoters with deep roots in the mining and exploration sector. Since its inception, DGML and its wholly owned subsidiary Deccan Exploration Services Private Limited (DESPL) have actively pursued gold exploration activities through adoption of modern methods and latest technology in all of its exploration prospects.
Since the change in management in October, 2021 the Company has taken significant efforts to expand its portfolio in India and overseas [1]
- Market Cap ₹ 1,666 Cr.
- Current Price ₹ 113
- High / Low ₹ 159 / 73.3
- Stock P/E
- Book Value ₹ 18.0
- Dividend Yield 0.00 %
- ROCE -4.15 %
- ROE -4.74 %
- Face Value ₹ 1.00
Pros
Cons
- Stock is trading at 6.25 times its book value
- Company has low interest coverage ratio.
- Promoter holding is low: 25.5%
- Company has a low return on equity of -4.38% over last 3 years.
- Working capital days have increased from 3,531 days to 14,308 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Mining & Mineral products Industry: Mining / Minerals / Metals
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.73 | 0.33 | 0.25 | |
1.15 | 0.91 | 1.96 | 7.20 | 10.10 | 2.74 | 2.65 | 3.13 | 3.68 | 3.09 | 2.53 | 9.82 | |
Operating Profit | -1.15 | -0.91 | -1.96 | -7.20 | -10.10 | -2.74 | -2.65 | -3.13 | -3.68 | -2.36 | -2.20 | -9.57 |
OPM % | -960.00% | -291.25% | -422.22% | -323.29% | -666.67% | -3,828.00% | ||||||
0.16 | 0.59 | 0.38 | 0.35 | 0.49 | 0.34 | 0.25 | 0.80 | 0.72 | 0.03 | 0.02 | 0.00 | |
Interest | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.08 | 0.30 | 0.58 | 0.00 |
Depreciation | 0.03 | 0.02 | 0.03 | 0.03 | 0.02 | 0.01 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.40 |
Profit before tax | -1.02 | -0.34 | -1.61 | -6.89 | -9.63 | -2.41 | -2.40 | -2.33 | -3.04 | -2.64 | -2.76 | -9.97 |
Tax % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 2.90% | 0.20% |
-1.02 | -0.34 | -1.60 | -6.90 | -9.63 | -2.41 | -2.40 | -2.33 | -3.04 | -2.64 | -2.84 | -9.99 | |
EPS in Rs | -0.12 | -0.04 | -0.18 | -0.77 | -1.06 | -0.26 | -0.26 | -0.25 | -0.33 | -0.28 | -0.22 | -0.68 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | -24% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | -252% |
Stock Price CAGR | |
---|---|
10 Years: | 21% |
5 Years: | 40% |
3 Years: | 64% |
1 Year: | 44% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | -5% |
3 Years: | -4% |
Last Year: | -5% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 5.88 | 5.89 | 5.92 | 8.92 | 9.07 | 9.33 | 9.33 | 9.33 | 9.33 | 9.33 | 12.68 | 14.73 |
Reserves | -3.90 | -6.21 | -8.59 | 36.69 | 44.92 | 43.79 | 41.36 | 39.01 | 35.99 | 33.37 | 142.91 | 250.98 |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2.74 | 3.47 | 6.13 | 52.50 | |
0.66 | 2.02 | 4.43 | 0.71 | 0.89 | 0.40 | 0.50 | 0.74 | 0.71 | 2.81 | 7.90 | 5.98 | |
Total Liabilities | 2.64 | 1.70 | 1.76 | 46.32 | 54.88 | 53.52 | 51.19 | 49.08 | 48.77 | 48.98 | 169.62 | 324.19 |
0.08 | 0.06 | 0.06 | 0.04 | 0.02 | 0.02 | 0.01 | 0.01 | 0.01 | 0.00 | 0.01 | 3.28 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 1.17 | 1.51 | 2.06 | 2.80 | 3.27 | 3.44 | 3.44 | 0.00 |
Investments | 1.67 | 0.01 | 0.01 | 35.42 | 35.42 | 44.15 | 44.15 | 44.15 | 44.19 | 44.70 | 160.40 | 296.13 |
0.89 | 1.63 | 1.69 | 10.86 | 18.27 | 7.84 | 4.97 | 2.12 | 1.30 | 0.84 | 5.77 | 24.78 | |
Total Assets | 2.64 | 1.70 | 1.76 | 46.32 | 54.88 | 53.52 | 51.19 | 49.08 | 48.77 | 48.98 | 169.62 | 324.19 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-0.61 | 0.15 | 0.95 | -7.44 | -1.41 | -3.28 | -2.67 | -2.59 | 0.91 | 0.31 | -1.48 | -12.84 | |
0.07 | -0.31 | -1.03 | -35.34 | 0.15 | -0.01 | -0.30 | -0.14 | -0.49 | -0.04 | 115.71 | -142.07 | |
0.41 | 0.60 | -0.17 | 50.57 | 0.88 | 1.53 | 0.00 | 0.00 | -0.47 | -0.46 | -113.62 | 162.01 | |
Net Cash Flow | -0.13 | 0.44 | -0.25 | 7.79 | -0.38 | -1.76 | -2.97 | -2.73 | -0.05 | -0.19 | 0.61 | 7.09 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 120.00 | 4,988.33 | 0.00 | |||||||||
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 120.00 | 4,988.33 | 0.00 | |||||||||
Working Capital Days | -895.00 | -2,820.45 | 14,308.00 | |||||||||
ROCE % | -39.31% | -40.96% | -32.04% | -19.34% | -4.50% | -4.62% | -4.71% | -6.14% | -4.99% | -2.10% | -4.15% |
Documents
Announcements
- Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations, 2015-Availing Of Additional ICD Facility. 2d
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Announcement under Regulation 30 (LODR)-Newspaper Publication
16 Jul - Newspaper Publication with respect to the Notice of 02/2024-25 Extra-Ordinary General Meeting of the Company to be held on August 07, 2024 through Video Conferencing …
- Notice Of The Extra-Ordinary General Meeting Of The Company To Be Held On August 07, 2024 At 11:00 A.M Through Video Conferencing / Other Audio Visual Means To Transact The Special Business For Seeking Approval Of The Shareholder As Per EGM Notice. 15 Jul
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Announcement under Regulation 30 (LODR)-Newspaper Publication
13 Jul - Newspaper Publication of Notice to Shareholders for updating detailes with the Company for the Purpose of Extra-Ordinary General Meeting of the Company to be held …
- Disclosure Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 - Update On Altyn Tor Gold Project Of Our Subsidiary Company Viz., Avelum Partner LLC, Kyrgyzstan ('Avelum') 13 Jul
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2009
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Concalls
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Mar 2023Transcript PPT
Subsidiary/Associate[1]
1. Deccan Exploration Services Private Limited (DESPL) - 13,555 (100%) shares
2. Deccan Gold Tanzania Private Limited, Tanzania (DGTPL) - 11700 (99.99%) shares
3. Geomysore Services (India) Private Limited, India (GMSI)[2] - Acquisition of 41.81% stake (7,20,373 shares @ Rs. 1606.09 per share) on March 2, 2023 under a share swap arrangement. Company issued 3,35,07,789 equity shares & 14,99,276 compulsorily convertible debentures @ Rs. 33.05 per share & per CCD. During September 2023, Company further invested Rs. 13.50 Cr. completing the committed investment if Rs.28.5 Cr.[3]
4. Deccan Gold - FZCO,Dubai [4] - Wholly owned subsidiary incorporated during August 2023 for the purpose of providing Geological consultancy and related services.