Deccan Gold Mines Limited

BSE: DECNGOLD · Precious Metals

52W Range₹84 ₹251

Snapshot

Unlock Deccan Gold Mines Limited's vital signs

Growth · Profitability · Valuation · Strength · Conviction

Company Overview

Business

Deccan Gold Mines Ltd. is an Indian company focused on the exploration and development of gold mining projects. Its operations are primarily concentrated across various schist belts in India, including the Dharwar Shimoga, Hutti-Maski, Mangalur, and Ramagiri belts.

Business Model

The company generates value through the exploration of mineral properties and the development of gold mining assets. It operates as a junior mining firm seeking to identify and prove viable gold reserves for future extraction.

  • Founded:1984

Growth Outlook

Growth is driven by the successful exploration and conversion of prospective schist belt tenements into commercially viable mining operations. The company continues to focus on advancing its existing project portfolio within India.

Key Risks

  • Exploration Risk. Gold exploration is inherently speculative and there is no guarantee that identified prospects will contain economically recoverable mineral reserves.
  • Regulatory and Permitting Risk. The mining sector in India is subject to complex environmental and mining regulations that can delay or prevent project development.
  • Commodity Price Volatility. The company's future revenue and valuation are highly sensitive to fluctuations in global gold prices.
  • Operational Risk. Mining operations face significant technical challenges, including geological uncertainties and the high capital expenditure required for site development.

Start your research today

Unlock AI insights, financials, peers and live data on Deccan Gold Mines Limited and 5,000+ companies — free.

Start your research

Peers · Precious Metals

CompanyMkt CapP/EEV/EBITDARev Gr YoYEBITDA MgnROEROCE1Y Return
Deccan Gold Mines LimitedDECNGOLD
₹4,233 Cr-316.0%+65.0%
Onix Solar Energy LimitedONIXSOLAR
₹1,487 Cr22.0%+27.9%
Arfin IndiaARFIN
₹1,472 Cr80.0431.787.0%10.8%23.2%+130.0%
Bhagyanagar IndBHAGYANGR
₹1,185 Cr18.8611.0449.1%5.0%27.0%40.5%+307.0%
MMP IndustriesMMP
₹1,027 Cr20.4816.3221.4%8.5%15.0%17.7%+45.6%
Maan AluminiumMAANALU
₹707 Cr47.1624.75-1.8%3.7%6.2%9.5%+6.6%

As of Mar 2026

Financials