About Deccan Gold Mines Limited
Data last updated:
Deccan Gold Mines Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the mining and mineral extraction segment of the metals and mining sector. It was incorporated on 29 November 1984 and has been in existence for over 42 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L51900MH1984PLC034662. Its GSTIN is 29AAACW1544L1Z2 (Karnataka). It is a listed company as per MCA records. Its shares are listed on BSE: 512068 and NSE: DECNGOLD.
The company has an authorised share capital of ₹26 Cr and a paid-up capital of ₹19.87 Cr. It is led by directors including Hanuma Prasad Modali (Managing Director) and Subramaniam Sundaram (Whole-Time Director).
Its last annual general meeting (AGM) was held on 23 December 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 501 Ackruti Trade Centre Road No. 7 MIDC Andheri (East), Mumbai, Maharashtra, India – 400093.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹14.2 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹52.59 Cr (net margin -370.4%) and EBITDA of -₹44.81 Cr (EBITDA margin -315.6%). The net worth stands at ₹495.95 Cr (up 105.9% YoY). Total assets are valued at ₹546.97 Cr (up 40.4% YoY).
Its group structure includes 1 subsidiary.
The company is associated with 1 brand: DGML. As per MCA filings, the company has open charges of ₹48 Cr and satisfied charges of ₹195 Cr on record. Court records list 19 cases involving the company, including 19 filed against it; 1 case is pending. The company has 29 deals on record (25 market trades, 2 debt financings, 2 rights issues), with disclosed funding of ₹64.2 Cr; the latest was in June 2026. Its 4 peer companies in the Metals and Minerals industry (Mining), with the same principal business activity (other mining & quarrying activities) are compared by revenue, 2 larger and 2 smaller; the largest is Akshat Marble Granite Private Limited with revenue of ₹3.62 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website deccangoldmines.com.
Company details
CIN history
Deccan Gold Mines has one previous CIN (Corporate Identification Number): U51900MH1984PLC034662. The current CIN is L51900MH1984PLC034662, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L51900MH1984PLC034662 | Current |
| U51900MH1984PLC034662 | Previous |
Contact details
Deccan Gold Mines Limited's registered office is in Mumbai, Maharashtra. Its website is deccangoldmines.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address501 Ackruti Trade Centre Road No. 7 MIDC Andheri (East), Mumbai, Maharashtra, India – 400093
- IndustryMetals and Minerals, Mining & Mineral Extraction
To see the full contact details of Deccan Gold Mines Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Deccan Gold Mines operates one associated brand: DGML. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Gold mining and exploration projects are focused on by DGML. | deccangoldmines.com |
Business activity
The main business activity of Deccan Gold Mines is mining and quarrying. In detail, this covers other mining & quarrying activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| B | Mining and quarrying | B4 | Other Mining & Quarrying Activities |
Financials of Deccan Gold Mines Limited
FY 2025-26 filings availableDeccan Gold Mines Limited reported revenue of ₹14.2 Cr (up 271.7% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 14.20 | 3.82 | 3.43 | 0.33 | 0.04 | 0.00 | 0.00 |
| Revenue growth | +271.7% | +11.4% | +939.4% | +725.0% | - | - | - |
| EBITDA | (44.81) | (62.56) | (11.89) | (2.36) | (2.65) | (3.17) | (2.69) |
| EBITDA margin | -315.6% | -1637.7% | -346.7% | -715.2% | -6625.0% | - | - |
| Profit before tax | (76.17) | (83.68) | (25.19) | (2.69) | (2.66) | (3.22) | (2.67) |
| Net profit | (52.59) | (32.79) | (63.79) | (2.82) | (2.69) | (3.22) | (2.67) |
| Net profit margin | -370.4% | -858.4% | -1859.8% | -854.6% | -6725.0% | - | - |
| EPS (₹) | (3.06) | (2.09) | (4.33) | (0.22) | (0.29) | (0.34) | (0.29) |
| Balance sheet | |||||||
| Total assets | 547 | 390 | 312 | 159 | 42.76 | 45.02 | 48.17 |
| Net worth | 496 | 241 | 211 | 155 | 42.09 | 44.72 | 47.91 |
| Total debt | 51.02 | 148 | 99.85 | 3.35 | 0.40 | 0.00 | 0.00 |
| Cash & bank | 12.24 | 18.27 | 9.63 | 0.71 | 0.13 | 1.60 | 0.49 |
| Net working capital | 89.73 | 79.48 | 56.16 | 1.70 | 1.67 | 4.77 | 4.12 |
| Cash flow | |||||||
| Cash from operations | (52.33) | (50.70) | (57.10) | (1.85) | (0.31) | 3.44 | (2.07) |
| Cash from investing | (104) | (10.77) | (147) | (116) | (1.16) | (2.32) | (1.97) |
| Cash from financing | 150 | 70.57 | 212 | 118 | (0.01) | (0.01) | 0.00 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.60 | 9.33 | 1.41 | 3.06 | 0.38 | 0.47 | 1.07 | 3.65 |
| Revenue growth (YoY) | +57.9% | +1885.1% | +31.8% | -16.2% | -87.7% | - | - | - |
| Other income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | (11.63) | (1.31) | (10.10) | (9.27) | (24.15) | (21.19) | (22.49) | (20.90) |
| EBITDA margin | -6461.1% | -222.0% | - | - | - | - | -3460.0% | -2750.0% |
| Depreciation | 3.13 | 6.78 | 3.24 | 3.25 | 3.19 | 3.18 | 3.20 | 3.20 |
| Interest | 0.61 | 0.15 | 6.24 | 4.88 | 3.65 | 2.70 | 0.00 | 0.00 |
| Profit before tax | (15.37) | (8.24) | (19.58) | (17.40) | (30.99) | (27.07) | (25.69) | (24.10) |
| Tax | 0.00 | 0.08 | (0.06) | 0.00 | (0.12) | 0.00 | 0.00 | 0.00 |
| Net profit | (15.37) | (8.32) | (19.52) | (17.40) | (30.87) | (27.07) | (25.69) | (24.10) |
| EPS (₹) | (0.33) | 0.41 | (1.08) | (0.98) | (1.58) | 0.78 | (1.27) | (4.05) |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 37.22 | 0.53 | 0.00 | 0.33 | 0.73 | 0.00 | 0.00 |
| Revenue growth | +6922.6% | - | -100.0% | -54.8% | - | - | - |
| EBITDA | 4.58 | (40.65) | (5.52) | (2.19) | (2.37) | (3.68) | (3.13) |
| EBITDA margin | +12.3% | -7669.8% | - | -663.6% | -324.7% | - | - |
| Profit before tax | (13.27) | (46.70) | (9.98) | (2.75) | (2.65) | (3.04) | (2.33) |
| Net profit | (13.27) | (46.70) | (10.00) | (2.83) | (2.66) | (3.04) | (2.33) |
| Net profit margin | -35.7% | -8811.3% | - | -857.6% | -364.4% | - | - |
| EPS (₹) | (0.77) | (2.98) | (0.68) | (0.22) | (0.28) | (0.33) | (0.25) |
| Balance sheet | |||||||
| Total assets | 616 | 393 | 319 | 162 | 46.43 | 48.34 | 48.58 |
| Net worth | 608 | 293 | 266 | 156 | 42.70 | 45.32 | 48.34 |
| Total debt | 8.02 | 99.45 | 52.50 | 6.13 | 3.47 | 2.74 | 0.00 |
| Cash & bank | 12.18 | 12.92 | 9.27 | 0.68 | 0.07 | 0.26 | 0.31 |
| Net working capital | 26.42 | 72.04 | 19.06 | (1.80) | (1.72) | 0.32 | 1.45 |
| Cash flow | |||||||
| Cash from operations | (32.52) | (12.21) | (12.84) | (1.48) | 0.31 | 0.91 | (2.59) |
| Cash from investing | (177) | (62.08) | (142) | (116) | (0.04) | (0.49) | (0.14) |
| Cash from financing | 209 | 78.38 | 162 | 118 | (0.46) | (0.47) | 0.00 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 11.43 | 16.80 | 8.71 | 8.60 | 3.12 | 1.72 | 1.53 | 0.89 |
| Revenue growth (YoY) | +266.4% | +876.7% | +469.3% | +866.3% | +743.2% | - | - | - |
| Other income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total expenses | 9.61 | 7.40 | 4.19 | 6.11 | 14.95 | 14.07 | 14.56 | 15.81 |
| EBITDA | 1.82 | 9.40 | 4.52 | 2.49 | (11.83) | (12.35) | (13.03) | (14.92) |
| EBITDA margin | +53.8% | +1175.0% | +280.7% | +116.4% | -1908.1% | -2470.0% | - | - |
| Depreciation | 0.05 | 2.54 | 0.13 | 0.12 | 0.12 | 0.12 | 0.12 | 0.11 |
| Interest | 0.63 | 0.16 | 6.25 | 4.89 | 3.64 | 2.75 | 0.00 | 0.00 |
| Profit before tax | 1.14 | 6.70 | (1.86) | (2.52) | (15.59) | (15.22) | (13.15) | (15.03) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.60 | 9.33 | 1.41 | 3.06 | 0.38 | 0.47 | 1.07 | 3.65 |
| Revenue growth (YoY) | +57.9% | +1885.1% | +31.8% | -16.2% | -87.7% | - | - | - |
| Other income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | (11.63) | (1.31) | (10.10) | (9.27) | (24.15) | (21.19) | (22.49) | (20.90) |
| EBITDA margin | -6461.1% | -222.0% | - | - | - | - | -3460.0% | -2750.0% |
| Depreciation | 3.13 | 6.78 | 3.24 | 3.25 | 3.19 | 3.18 | 3.20 | 3.20 |
| Interest | 0.61 | 0.15 | 6.24 | 4.88 | 3.65 | 2.70 | 0.00 | 0.00 |
| Profit before tax | (15.37) | (8.24) | (19.58) | (17.40) | (30.99) | (27.07) | (25.69) | (24.10) |
| Tax | 0.00 | 0.08 | (0.06) | 0.00 | (0.12) | 0.00 | 0.00 | 0.00 |
| Net profit | (15.37) | (8.32) | (19.52) | (17.40) | (30.87) | (27.07) | (25.69) | (24.10) |
| EPS (₹) | (0.33) | 0.41 | (1.08) | (0.98) | (1.58) | 0.78 | (1.27) | (4.05) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 14.20 | 3.82 | 3.43 | 0.33 | 0.04 | 0.00 | 0.00 |
| Revenue growth | +271.7% | +11.4% | +939.4% | +725.0% | - | - | - |
| Other income | 0.00 | 1.36 | 0.17 | 0.02 | 0.04 | 0.04 | 0.14 |
| Total expenses | 59.01 | 66.38 | 15.32 | 2.69 | 2.69 | 3.17 | 2.69 |
| Employee cost | 0.00 | 54.34 | 3.55 | 1.28 | 1.25 | 1.03 | 1.07 |
| EBITDA | (44.81) | (62.56) | (11.89) | (2.36) | (2.65) | (3.17) | (2.69) |
| EBITDA margin | -315.6% | -1637.7% | -346.7% | -715.2% | -6625.0% | - | - |
| Depreciation | 16.46 | 12.70 | 8.87 | 0.02 | 0.04 | 0.08 | 0.12 |
| Interest | 14.90 | 9.78 | 4.60 | 0.33 | 0.01 | 0.01 | 0.00 |
| Profit before tax | (76.17) | (83.68) | (25.19) | (2.69) | (2.66) | (3.22) | (2.67) |
| Tax | (0.10) | 0.00 | 0.02 | 0.10 | 0.00 | 0.00 | 0.00 |
| Net profit | (52.59) | (32.79) | (63.79) | (2.82) | (2.69) | (3.22) | (2.67) |
| Net profit margin | -370.4% | -858.4% | -1859.8% | -854.6% | -6725.0% | - | - |
| EPS (₹) | (3.06) | (2.09) | (4.33) | (0.22) | (0.29) | (0.34) | (0.29) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 19.79 | 15.69 | 14.73 | 12.68 | 9.33 | 9.33 | 9.33 |
| Reserves & surplus | 476 | 217 | 181 | 137 | 32.76 | 35.39 | 38.58 |
| Shareholders' funds (net worth) | 496 | 241 | 211 | 155 | 42.09 | 44.72 | 47.91 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 0.00 | 97.25 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 51.02 | 50.88 | 99.85 | 3.35 | 0.40 | 0.00 | 0.00 |
| Total debt | 51.02 | 148 | 99.85 | 3.35 | 0.40 | 0.00 | 0.00 |
| Total liabilities | 547 | 390 | 312 | 159 | 42.76 | 45.02 | 48.17 |
| Assets | |||||||
| Gross block | 179 | 151 | 158 | 0.72 | 1.25 | 1.40 | 1.40 |
| Net block | 144 | 137 | 148 | 0.05 | 0.06 | 0.12 | 0.19 |
| Capital work in progress | 121 | 45.69 | 41.66 | 40.54 | 40.35 | 39.13 | 36.77 |
| Investments | 192 | 124 | 65.41 | 116 | 0.00 | 0.00 | 0.00 |
| Inventories | 52.24 | 48.51 | 41.57 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 0.33 | 0.25 | 0.00 | 0.02 | 0.02 | 0.02 | 0.02 |
| Cash & bank balances | 12.24 | 18.27 | 9.63 | 0.71 | 0.13 | 1.60 | 0.49 |
| Loans & advances | 40.75 | 24.06 | 18.47 | 8.06 | 3.82 | 3.57 | 4.16 |
| Total current assets | 106 | 91.09 | 69.67 | 8.79 | 3.97 | 5.19 | 4.67 |
| Total current liabilities | 15.83 | 11.61 | 13.51 | 7.09 | 2.30 | 0.42 | 0.55 |
| Net working capital | 89.73 | 79.48 | 56.16 | 1.70 | 1.67 | 4.77 | 4.12 |
| Total assets | 547 | 390 | 312 | 159 | 42.76 | 45.02 | 48.17 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 16.67 | 7.56 | 0.14 | 0.13 | 1.60 | 0.49 | 4.52 |
| Net cash from operating activities | (52.33) | (50.70) | (57.10) | (1.85) | (0.31) | 3.44 | (2.07) |
| Net cash from investing activities | (104) | (10.77) | (147) | (116) | (1.16) | (2.32) | (1.97) |
| Net cash from financing activities | 150 | 70.57 | 212 | 118 | (0.01) | (0.01) | 0.00 |
| Net change in cash | (6.15) | 9.10 | 7.42 | 0.02 | (1.48) | 1.11 | (4.03) |
| Closing cash | 12.24 | 18.27 | 9.63 | 0.71 | 0.13 | 1.60 | 0.49 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +271.7% | +11.4% | +939.4% | +725.0% | - | - | - |
| EBITDA growth | +28.4% | -426.2% | -403.8% | +10.9% | +16.4% | -17.8% | - |
| PBT growth | +9.0% | -232.2% | -836.4% | -1.1% | +17.4% | -20.6% | +7.6% |
| Net income growth | -60.4% | +48.6% | -2162.1% | -4.8% | +16.5% | -20.6% | - |
| Revenue CAGR (3Y) | +250.4% | +357.1% | - | - | - | - | - |
| EBITDA CAGR (3Y) | +166.8% | +186.9% | +55.4% | -4.3% | -4.6% | -6.8% | -37.6% |
| Profitability & leverage | |||||||
| Net income margin | -535.7% | -2190.6% | -735.0% | -845.5% | -6650.0% | - | - |
| Return on capital employed | - | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Return on net worth | - | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Debt / equity | - | 0.54 | 0.28 | 0.02 | 0.00 | 0.00 | 0.00 |
| Long-term debt / equity | - | 0.21 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | -24.32 | -12.99 | -22.16 | -13.87 | -0.37 | -0.31 | 0.00 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 0.02 | 0.04 | 0.34 | 0.03 | 0.00 | 0.00 |
| Inventory turnover | - | 0.08 | 0.17 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | - | 30.56 | 343.00 | 16.50 | 2.00 | 0.00 | 0.00 |
| EPS (₹) | (3.06) | (2.09) | (4.33) | (0.22) | (0.29) | (0.34) | (0.29) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 15.47 | 13.28 | 11.83 | 4.51 | 4.79 | 5.13 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 11.43 | 16.80 | 8.71 | 8.60 | 3.12 | 1.72 | 1.53 | 0.89 |
| Revenue growth (YoY) | +266.4% | +876.7% | +469.3% | +866.3% | +743.2% | - | - | - |
| Other income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total expenses | 9.61 | 7.40 | 4.19 | 6.11 | 14.95 | 14.07 | 14.56 | 15.81 |
| EBITDA | 1.82 | 9.40 | 4.52 | 2.49 | (11.83) | (12.35) | (13.03) | (14.92) |
| EBITDA margin | +53.8% | +1175.0% | +280.7% | +116.4% | -1908.1% | -2470.0% | - | - |
| Depreciation | 0.05 | 2.54 | 0.13 | 0.12 | 0.12 | 0.12 | 0.12 | 0.11 |
| Interest | 0.63 | 0.16 | 6.25 | 4.89 | 3.64 | 2.75 | 0.00 | 0.00 |
| Profit before tax | 1.14 | 6.70 | (1.86) | (2.52) | (15.59) | (15.22) | (13.15) | (15.03) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 37.22 | 0.53 | 0.00 | 0.33 | 0.73 | 0.00 | 0.00 |
| Revenue growth | +6922.6% | - | -100.0% | -54.8% | - | - | - |
| Other income | 0.00 | 4.01 | 0.25 | 0.02 | 0.03 | 0.72 | 0.80 |
| Total expenses | 32.64 | 41.18 | 5.52 | 2.52 | 3.10 | 3.68 | 3.13 |
| Employee cost | 0.00 | 35.53 | 1.51 | 1.23 | 1.90 | 1.69 | 1.43 |
| EBITDA | 4.58 | (40.65) | (5.52) | (2.19) | (2.37) | (3.68) | (3.13) |
| EBITDA margin | +12.3% | -7669.8% | - | -663.6% | -324.7% | - | - |
| Depreciation | 2.92 | 0.46 | 0.40 | 0.00 | 0.01 | 0.00 | 0.00 |
| Interest | 14.93 | 9.60 | 4.31 | 0.58 | 0.30 | 0.08 | 0.00 |
| Profit before tax | (13.27) | (46.70) | (9.98) | (2.75) | (2.65) | (3.04) | (2.33) |
| Tax | 0.00 | 0.00 | 0.02 | 0.08 | 0.00 | 0.00 | 0.00 |
| Net profit | (13.27) | (46.70) | (10.00) | (2.83) | (2.66) | (3.04) | (2.33) |
| Net profit margin | -35.7% | -8811.3% | - | -857.6% | -364.4% | - | - |
| EPS (₹) | (0.77) | (2.98) | (0.68) | (0.22) | (0.28) | (0.33) | (0.25) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 19.79 | 15.69 | 14.73 | 12.68 | 9.33 | 9.33 | 9.33 |
| Reserves & surplus | 588 | 269 | 235 | 138 | 33.37 | 35.99 | 39.01 |
| Shareholders' funds (net worth) | 608 | 293 | 266 | 156 | 42.70 | 45.32 | 48.34 |
| Secured loans | 6.00 | 97.25 | 50.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 2.02 | 2.20 | 2.50 | 6.13 | 3.47 | 2.74 | 0.00 |
| Total debt | 8.02 | 99.45 | 52.50 | 6.13 | 3.47 | 2.74 | 0.00 |
| Total liabilities | 616 | 393 | 319 | 162 | 46.43 | 48.34 | - |
| Assets | |||||||
| Gross block | 0.58 | 0.71 | 0.53 | 0.31 | 0.12 | 0.35 | 0.21 |
| Net block | 0.24 | 0.24 | 0.18 | 0.01 | 0.00 | 0.01 | 0.01 |
| Capital work in progress | 0.58 | 0.00 | 3.10 | 3.44 | 3.44 | 3.27 | 2.80 |
| Investments | 373 | 317 | 294 | 160 | 44.70 | 44.19 | 44.15 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 5.34 | 0.55 | 0.00 | 0.21 | 0.24 | 0.00 | 0.42 |
| Cash & bank balances | 12.18 | 12.92 | 9.27 | 0.68 | 0.07 | 0.26 | 0.31 |
| Loans & advances | 11.30 | 63.74 | 15.42 | 4.81 | 0.52 | 0.49 | 1.21 |
| Total current assets | 28.82 | 77.21 | 24.69 | 5.70 | 0.83 | 0.75 | 1.94 |
| Total current liabilities | 2.40 | 5.17 | 5.63 | 7.50 | 2.55 | 0.43 | 0.49 |
| Net working capital | 26.42 | 72.04 | 19.06 | (1.80) | (1.72) | 0.32 | 1.45 |
| Total assets | 616 | 393 | 319 | 162 | 46.43 | 48.34 | 48.58 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 11.32 | 7.22 | 0.13 | 0.07 | 0.26 | 0.31 | 3.04 |
| Net cash from operating activities | (32.52) | (12.21) | (12.84) | (1.48) | 0.31 | 0.91 | (2.59) |
| Net cash from investing activities | (177) | (62.08) | (142) | (116) | (0.04) | (0.49) | (0.14) |
| Net cash from financing activities | 209 | 78.38 | 162 | 118 | (0.46) | (0.47) | 0.00 |
| Net change in cash | (0.85) | 4.09 | 7.09 | 0.06 | (0.19) | (0.05) | (2.73) |
| Closing cash | 12.18 | 12.92 | 9.27 | 0.68 | 0.07 | 0.26 | 0.31 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +6922.6% | - | -100.0% | -54.8% | - | - | - |
| EBITDA growth | +111.3% | -636.4% | -152.1% | +7.6% | +35.6% | -17.6% | - |
| PBT growth | +71.6% | -367.9% | -262.9% | -3.8% | +12.8% | -30.5% | +2.1% |
| Net income growth | +71.6% | -367.0% | -253.4% | -6.4% | +12.5% | -30.5% | - |
| Revenue CAGR (3Y) | +383.2% | -10.1% | - | - | - | - | - |
| EBITDA CAGR (3Y) | - | +157.9% | +14.5% | -11.2% | -3.4% | +10.5% | -32.3% |
| Profitability & leverage | |||||||
| Net income margin | -35.7% | -8811.3% | - | -857.6% | -363.0% | - | - |
| Return on capital employed | - | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Return on net worth | - | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Debt / equity | - | 0.27 | 0.14 | 0.05 | 0.07 | 0.03 | 0.00 |
| Long-term debt / equity | - | 0.17 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 899.40 | -23.35 | -72.80 | -26.48 | -12.61 | -2.17 | 0.00 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 0.85 | 0.00 | 1.53 | 3.11 | 0.00 | 0.00 |
| Inventory turnover | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | - | 1.93 | 0.00 | 1.47 | 6.08 | 0.00 | 0.00 |
| EPS (₹) | (0.77) | (2.98) | (0.68) | (0.22) | (0.28) | (0.33) | (0.25) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 18.14 | 16.97 | 11.88 | 4.58 | 4.86 | 5.18 |
To see the full year-wise statements and ratios of Deccan Gold Mines Limited, buy the company report.
Board of directors of Deccan Gold Mines Limited
Deccan Gold Mines has 7 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepthi Donkeshwar Also directs: Vasavi Holistic Corporate Services LLP, Holistic Realty Advisors LLP, Deccan Exploration Services Private Limited and 1 more | Director | 09 Aug 2022 | 4 Years 2 Months | Current |
| Hanuma Prasad Modali Also directs: Novadhatu Minerals Private Limited, Kolar Gold Resources (India) Private Limited, Geomysore Services India Pvt Ltd and 1 more | Managing Director | 12 Dec 2017 | 8 Years 10 Months | Current |
| Subramaniam Sundaram | Whole-Time Director | 01 Oct 2021 | 5 Years 1 Months | Current |
| Kailasam Sundaram Also directs: Grantek Systems India Private Limited | Director | 08 Aug 2019 | 7 Years 2 Months | Current |
| Vishwas Vasanth Rao Also directs: Vantage Point Advisors LLP, Magglicious Foods LLP, Equiteq India Private Limited and 1 more | Additional Director | 12 Nov 2025 | 0 Years 11 Months | Current |
| Dinesh Kumar Gandhi Also directs: Prasitraj Associates LLP, DMG Capital Services LLP, Godawari Power and Ispat Limited and 3 more | Director | 10 Jul 2024 | 2 Years 3 Months | Current |
Peer comparison
Deccan Gold Mines Limited is compared with the 4 companies closest to it by revenue in the Metals and Minerals industry (Mining), with the same principal business activity (other mining & quarrying activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Deccan Gold Mines Limitedthis company | ₹14.2 Cr (FY 2026) | -₹52.59 Cr | -370.4% | 271.7% | Mumbai, Maharashtra, India | |
| Akshat Marble Granite Private Limited | ₹3.62 Cr (FY 2024) | 8.0% | Udaipur, Rajasthan, India | |||
| PSK Mineral Developement Private Limited | ₹3.6 Cr (FY 2025) | -18.0% | Gandhidham, Gujarat, India | |||
| Khatana Stones Private Limited | ₹3.56 Cr (FY 2024) | 29.0% | Jaipur, Rajasthan, India | |||
| Incredible Trading India Private Limited | ₹3.54 Cr (FY 2025) | 477.0% | Banda, Uttar Pradesh, India |
To see the full peer comparison of Deccan Gold Mines Limited, buy the company report.
Auditor
Deccan Gold Mines Limited is audited by V.K. Beswal & Associates for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V.K. Beswal & Associates | FY 2024 | 101083W |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 20.50%, foreign institutional investors hold 2.10%, domestic institutional investors hold 0.60% and retail and other public shareholders hold 76.80%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 20.50% | 20.60% | 20.80% | 24.20% |
| Public | 79.50% | 79.40% | 79.20% | 75.80% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Jun 2026 | 101312697 | Others | ₹2 Cr | Open | |
| 08 Jun 2026 | 101312605 | Others | ₹1.8 Cr | Open | |
| 05 Jun 2026 | 101306122 | Others | ₹40 Cr | Open | |
| 22 May 2026 | 101304886 | Others | ₹4.2 Cr | Open | |
| 25 Feb 2025 | 101064838 | Others | ₹120 Cr | Satisfied |
To see the full charge records of Deccan Gold Mines Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Deccan Gold Mines Limited has 29 deals on record (25 market trades, 2 debt financings, 2 rights issues), with disclosed funding of ₹64.2 Cr; the latest was in June 2026.
Deals on record (5 of 29)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2026 | Debt financing | ₹30 Cr | Investors: Modali Consultants LLP |
| Aug 2023 | Debt financing | ₹34.2 Cr | Investors: Ardent Steel Private Limited |
| Jul 2021 | Market trade | ₹2.62 Cr | Buyer: Alpha Leon Enterprises LLP Seller: Alpha Leon Enterprises LLP |
| Nov 2014 | Market trade | ₹3.1 Cr | Buyer: Mallinath Shares and Stock Private Limited Seller: Mallinath Shares and Stock Private Limited |
| Oct 2004 | Market trade | ₹2.8 Lakh | Seller: MSPL Limited |
To see the full deal history of Deccan Gold Mines Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Deccan Gold Mines Limited has 19 court cases on record: 19 filed against it. 1 case is pending and 18 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 12 | 0 |
| High courts | 6 | 6 | 1 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, CHHATTISGARH | Writ petition | Filed against the company by Vedanta Limited | Disposed |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (Revision) | Filed against the company by Messers Masumi Overseas Pvt Ltd | Disposed |
| Bombay High Court | Writ petition | Filed against the company | Pending |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (MARJI) | Filed against the company | Disposed |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (Revision) | Filed against the company by individuals | Disposed |
To see the full case history of Deccan Gold Mines Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Deccan Gold Mines Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Deccan Gold Mines has 1 subsidiary company and 1 associated company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Deccan Exploration Services Private Limited | U27205KA1997PTC022819 |
To see the full group structure of Deccan Gold Mines Limited, buy the company report.
Employees & EPFO
Deccan Gold Mines Limited has 1 active EPFO establishment as of Apr 13, 2025.
GST
Deccan Gold Mines has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACW1544L1Z2 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Deccan Gold Mines Limited, buy the company report.
Recent activity
Deccan Gold Mines Limited has 38 board changes on record since 2003: 23 appointments and 15 cessations. The latest: Vishwas Vasanth Rao was appointed as Additional Director on 12 Nov 2025.
39 earlier events are in the company report.
News
Frequently asked questions
Deccan Gold Mines is an active public limited company based in Mumbai, Maharashtra, India. The company works in mining and mineral extraction, within the metals and minerals industry. It was incorporated on 29 November 1984 (42+ years old) and is registered under CIN L51900MH1984PLC034662. Listed on BSE: 512068 and NSE: DECNGOLD.
Deccan Gold Mines reported revenue of ₹14.2 Cr for FY 2025-26 (up 271.7% YoY) based on consolidated financials.
Deccan Gold Mines has 7 current directors:
- Hanuma Prasad Modali - Managing Director
- Subramaniam Sundaram - Whole-Time Director
- Deepthi Donkeshwar - Director
- Kailasam Sundaram - Director
- Vishwas Vasanth Rao - Additional Director
- Dinesh Kumar Gandhi - Director
- Pandarinathan Elango - Director
The latest financial statements of Deccan Gold Mines on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 23 December 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Deccan Gold Mines is 29AAACW1544L1Z2, registered in Karnataka.
The CIN (Corporate Identification Number) of Deccan Gold Mines is L51900MH1984PLC034662. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Deccan Gold Mines is a listed company as per MCA records. Its shares are listed on both BSE (code: 512068) and NSE (symbol: DECNGOLD).
Deccan Gold Mines has 19 court cases on record: 19 filed against it. 1 is pending. Most are in the district courts.
Deccan Gold Mines was incorporated on 29 November 1984, making it 42+ years old. It is registered with the Registrar of Companies, Mumbai.
Deccan Gold Mines has 29 deals on record (25 market trades, 2 debt financings, 2 rights issues), with disclosed funding of ₹64.2 Cr; the latest was in June 2026.
The peers of Deccan Gold Mines by revenue are Akshat Marble Granite Private Limited, PSK Mineral Developement Private Limited, Khatana Stones Private Limited, Incredible Trading India Private Limited, all in the Metals and Minerals industry (Mining), with the same principal business activity (other mining & quarrying activities).
Sample company reports
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