BSE:512068

Stock Analysis Report

Deccan Gold Mines

Executive Summary

Deccan Gold Mines Limited engages in the exploration and mining of gold deposits in India.


Snowflake Analysis

Adequate balance sheet with weak fundamentals.

Share Price & News

How has Deccan Gold Mines's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 512068's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-8.1%

512068

-2.5%

IN Metals and Mining

-0.7%

IN Market


1 Year Return

-21.2%

512068

-9.0%

IN Metals and Mining

10.0%

IN Market

Return vs Industry: 512068 underperformed the Indian Metals and Mining industry which returned -9% over the past year.

Return vs Market: 512068 underperformed the Indian Market which returned 10% over the past year.


Shareholder returns

512068IndustryMarket
7 Day-8.1%-2.5%-0.7%
30 Day-19.9%-7.5%-0.3%
90 Day26.7%3.1%3.2%
1 Year-21.2%-21.2%-7.2%-9.0%12.0%10.0%
3 Year-51.0%-51.0%-7.5%-18.3%23.9%17.1%
5 Year-18.3%-36.3%24.5%3.9%38.3%25.6%

Price Volatility Vs. Market

How volatile is Deccan Gold Mines's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Deccan Gold Mines undervalued compared to its fair value and its price relative to the market?

4.36x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 512068's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 512068's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 512068 is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.

PE vs Market: 512068 is unprofitable, so we can't compare its PE Ratio to the Indian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 512068's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 512068 is overvalued based on its PB Ratio (4.4x) compared to the IN Metals and Mining industry average (0.8x).


Next Steps

Future Growth

How is Deccan Gold Mines forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

22.3%

Forecasted Materials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Deccan Gold Mines has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Deccan Gold Mines performed over the past 5 years?

12.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 512068 is currently unprofitable.

Growing Profit Margin: 512068 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 512068 is unprofitable, but has reduced losses over the past 5 years at a rate of 12.8% per year.

Accelerating Growth: Unable to compare 512068's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 512068 is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-9%).


Return on Equity

High ROE: 512068 has a negative Return on Equity (-5.29%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Deccan Gold Mines's financial position?


Financial Position Analysis

Short Term Liabilities: 512068's short term assets (₹67.0M) exceed its short term liabilities (₹2.0M).

Long Term Liabilities: 512068's short term assets (₹67.0M) exceed its long term liabilities (₹3.0M).


Debt to Equity History and Analysis

Debt Level: 512068 is debt free.

Reducing Debt: 512068 has not had any debt for past 5 years.


Balance Sheet

Inventory Level: 512068 has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if 512068's debt is covered by short term assets.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: 512068 has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if 512068 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is Deccan Gold Mines's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%0.6%markettop25%2.6%industryaverage4.1%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate 512068's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 512068's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 512068's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 512068's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 512068's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.1yrs

Average management tenure


CEO

Sandeep Lakhwara (64yo)

17.6yrs

Tenure

₹8,400,000

Compensation

Mr. Sandeep Lakhwara, B.Bus., CPA, FTIA, serves as Managing Director of Perth-based Australian Indian Resources Pty Limited (AIR) and Deccan Gold Mines Ltd. since May 1, 2004. Mr. Lakhwara has several year ...


CEO Compensation Analysis

Compensation vs Market: Sandeep's total compensation ($USD116.83K) is above average for companies of similar size in the Indian market ($USD50.21K).

Compensation vs Earnings: Sandeep's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Sandeep Lakhwara
MD & Director17.6yrs₹8.40m1.25% 25.3m
Krishnamurthy Karunakaran
Chief Financial Officer5.1yrsno datano data
S. Subramaniam
Head of Legal0yrsno datano data
Saradchandra Peshwa
Exploration Director5.1yrsno datano data
K.S. Yogananda
Senior Geologist0yrsno datano data

5.1yrs

Average Tenure

Experienced Management: 512068's management team is seasoned and experienced (5.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Sandeep Lakhwara
MD & Director17.6yrs₹8.40m1.25% 25.3m
Modali Prasad
Non Executive & Non Independent Director2.2yrs₹80.00k0.20% 4.0m
Pratima Ram
Independent Chairman of the Board0.8yrs₹100.00kno data
Govind Samant
Non Executive & Non Independent Director2.2yrs₹20.00k3.51% 70.9m
Kailasam Sundaram
Independent Non Executive Director0.5yrsno datano data
Natesan Chinnapan
Independent Non-Executive Director0.8yrsno datano data

1.5yrs

Average Tenure

59.5yo

Average Age

Experienced Board: 512068's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Deccan Gold Mines Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Deccan Gold Mines Limited
  • Ticker: 512068
  • Exchange: BSE
  • Founded: 1984
  • Industry: Gold
  • Sector: Materials
  • Market Cap: ₹2.016b
  • Shares outstanding: 93.33m
  • Website: https://www.deccangoldmines.com

Location

  • Deccan Gold Mines Limited
  • No. 5, 19th Main Road
  • 4th Sector
  • Bengaluru
  • Karnataka
  • 560102
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
512068BSE (Mumbai Stock Exchange)YesEquity SharesININRAug 2003

Biography

Deccan Gold Mines Limited engages in the exploration and mining of gold deposits in India. The company has a portfolio of exploration prospects in the states of Karnataka, Andhra Pradesh, and Kerala. It primarily holds interests in the Ganajur gold deposit located in the Haveri district of Karnataka. The company was formerly known as Wimper Trading Limited and changed its name to Deccan Gold Mines Limited in March 2003. Deccan Gold Mines Limited was incorporated in 1984 and is based in Bengaluru, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/21 12:50
End of Day Share Price2020/02/20 00:00
Earnings2019/12/31
Annual Earnings2019/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.