Deccan Gold Mines Limited
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) hav...
Key Metrics
EPS
-4.33
Current ratio
0.62
Debt/Equity
0.51
Debt/EBITDA
-9.28
Interest coverage ratio
-4.47
Operating Cashflow to total debt
-0.53
Financials
Pros & Cons
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Here's what we like about this company and potential risks we have identified.
Pros
Cons
Stock is trading at 7.25 times its book value
Company has low interest coverage ratio.
Promoter holding is low: 25.0%
Company has a low return on equity of -21.3% over last 3 years.
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About Deccan Gold Mines Limited bond.
This comprehensive profile covers key factual information about DECCAN GOLD MINES LIMITED. 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 EPS in Mar-2024 was -4.33. Current ratio in Mar-2024 was 0.62. Debt/Equity in Mar-2024 was 0.51. Debt/EBITDA in Mar-2024 was -9.28. Interest coverage ratio in Mar-2024 was -4.47. Operating Cashflow to total debt in Mar-2024 was -0.53. Total revenue for Mar-2025(E) was ₹10.28. Net income for Mar-2025(E) stood at ₹-54.52. Total assets as of Mar-2024 were ₹325.12. Operating cash flow for Mar-2024 was ₹-57.10. Peers and comparison entities consist of DECCAN GOLD MINES LIMITED, Hindustan Zinc Limited, Gujarat Mineral Development Corporation Limited, Sandur Manganese and Iron Ores Limited. As of Dec 2024, promoters hold N/A% while others hold N/A% of equity. Key strengths include: ; ; ; . Key risks include: Stock is trading at 7.25 times its book value; Company has low interest coverage ratio.; Promoter holding is low: 25.0%; Company has a low return on equity of -21.3% over last 3 years.. Leadership team details include Deepthi Donkeshwar (Director), Dinesh Kumar Gandhi (Director), Hanuma Prasad Modali (Managing Director), Kailasam Sundaram (Chairman), Krishnamurthy Karunakaran (Chief Financial Officer), Pandarinathan Elango (Director), Subramaniam Sundaram (Executive Director). This detailed corporate overview is structured to provide a thorough understanding of all available data points, enhance search visibility, and support investor analysis.