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 ₹ 1,624 Cr.
- Current Price ₹ 110
- High / Low ₹ 159 / 43.8
- Stock P/E
- Book Value ₹ 14.4
- Dividend Yield 0.00 %
- ROCE -10.7 %
- ROE -35.2 %
- Face Value ₹ 1.00
Pros
Cons
- Stock is trading at 7.66 times its book value
- Company has low interest coverage ratio.
- Promoter holding is low: 25.6%
- Company has a low return on equity of -21.5% over last 3 years.
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4 | |
1 | 1 | 2 | 7 | 11 | 4 | 3 | 3 | 3 | 3 | 3 | 20 | |
Operating Profit | -1 | -1 | -2 | -7 | -11 | -4 | -3 | -3 | -3 | -3 | -2 | -16 |
OPM % | -646% | -1,821% | -7,850% | -6,625% | -721% | -453% | ||||||
0 | 1 | 0 | 1 | 2 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | |
Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9 |
Profit before tax | -1 | -0 | -2 | -7 | -9 | -3 | -3 | -3 | -3 | -3 | -3 | -25 |
Tax % | 0% | 0% | 1% | -1% | -1% | 1% | 1% | 0% | 0% | 0% | -4% | -0% |
-1 | -0 | -2 | -7 | -9 | -3 | -3 | -3 | -3 | -3 | -3 | -64 | |
EPS in Rs | -0.12 | -0.04 | -0.18 | -0.76 | -1.03 | -0.32 | -0.31 | -0.29 | -0.34 | -0.29 | -0.22 | -4.38 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | 991% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | -2194% |
Stock Price CAGR | |
---|---|
10 Years: | 20% |
5 Years: | 34% |
3 Years: | 64% |
1 Year: | 150% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | -18% |
3 Years: | -22% |
Last Year: | -35% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
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 | 6 | 6 | 6 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 13 | 15 |
Reserves | -3 | -6 | -6 | 33 | 46 | 44 | 41 | 39 | 35 | 33 | 142 | 197 |
Preference Capital | 0 | 0 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 100 | |
0 | 2 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 7 | 14 | |
Total Liabilities | 3 | 2 | 3 | 43 | 56 | 54 | 51 | 49 | 45 | 45 | 166 | 325 |
0 | 0 | 0 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 154 | |
CWIP | 0 | 0 | 0 | 0 | 28 | 32 | 35 | 37 | 39 | 40 | 41 | 35 |
Investments | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 116 | 65 |
1 | 2 | 3 | 42 | 28 | 22 | 16 | 12 | 6 | 5 | 10 | 71 | |
Total Assets | 3 | 2 | 3 | 43 | 56 | 54 | 51 | 49 | 45 | 45 | 166 | 325 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-1 | 0 | -2 | -4 | -6 | -5 | -3 | -2 | 3 | -0 | -2 | ||
0 | -0 | -1 | -6 | -12 | -3 | -9 | -2 | -2 | -1 | 116 | ||
0 | 1 | 3 | 48 | 1 | 2 | 0 | 0 | -0 | -0 | -113 | ||
Net Cash Flow | -0 | 0 | 0 | 39 | -17 | -6 | -12 | -4 | 1 | -1 | 1 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
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 | 182 | 4,778 | 0 | |||||||||
Inventory Days | 5,997 | |||||||||||
Days Payable | 674 | |||||||||||
Cash Conversion Cycle | 182 | 4,778 | 5,324 | |||||||||
Working Capital Days | 13,961 | 1,073 | 4,718 | |||||||||
ROCE % | -31% | -23% | -190% | -31% | -19% | -6% | -6% | -5% | -7% | -6% | -2% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Allotment
8h - Allotment of Securities -Disclosure pursuant to Regulation 30 of the SEBI (LODR) Regulations , 2015.
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
9h - Secretarial Compliance Report of the company for the Financial year ended March 31, 2024.
- Audited Financial Results Of The Company For The Quarter And Year Ended March 31, 2024. 11h
- Board Meeting Outcome for The Board Meeting Held On May 30, 2024 11h
- Board Meeting Intimation for Approval The Audited Financial Results Of The Company (Standalone & Consolidated) For The Quarter And Financial Year Ended March 31, 2024. 24 May
Annual reports
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2010
from bse
-
Financial Year 2009
from bse
Concalls
-
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.