Deccan Gold Share Price Target 2025: This article will primarily cover the projected share price targets for Deccan Gold for the years 2024, 2025, 2026, 2028, 2030, and extend to the long-term forecast up to 2040 and 2050. Additionally, we will delve into the company’s fundamentals, market sentiment, income reports, share price history, and quarterly performance. Our comprehensive analysis aims to assist investors in making informed decisions.
About Deccan Gold Mines
Deccan Gold Mines Ltd. (DGML), established in 2003 and listed on the Bombay Stock Exchange (BSE), is India’s first and only gold exploration company. With deep expertise in mining, DGML has made significant gold discoveries, particularly in Karnataka’s Dharwar Craton, including the Hutti and Dharwar–Shimoga belts. The company has completed a JORC-compliant feasibility study on the Ganajur gold deposit.
Since 2021, DGML has expanded through strategic mergers and acquisitions, acquiring a 40% stake in Geomysore Services for the Jonnagiri gold mine in Andhra Pradesh, set for commercial production in late 2024. It also holds stakes in the Altyn Tor Gold Mine in Kyrgyzstan (60%) and the Kelavala Gold Project in Finland (32%, with potential to increase to 51%). Additionally, DGML secured the high-potential Bhalukona–Jamnidih Block in Chhattisgarh for Ni–Cu–Cr–PGE mineralization and owns exploration licenses in Tanzania.
With a robust asset portfolio and strategic international ventures, DGML is poised to become a prominent Indian-owned global mining entity. Supported by strong management and shareholder confidence, DGML aims to deliver substantial value as it capitalizes on India’s push for mining sector growth and liberalized policies.
Deccan Gold Fundamental
Deccan Gold Mines is India’s first and only gold exploration company. It is a small market cap company with ₹2163 crore. The company is listed on BSE with the code 512068. The company has a reserve and surplus of Rs 240.11 crore, which shows the company’s strong position to fight adverse conditions like recession.
Deccan Gold’s revenue has grown significantly by 955.88%, reaching ₹3.59 crore in 2024. However, the company remains unprofitable with a net annual loss of ₹25.21 crore and a negative profit growth of -803.58%.
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The return on equity (ROE) and return on capital employed (ROCE) both reflect poor performance. The ROE is at -30.18%, which indicates that the company is not generating profits for shareholders. The company’s P/E ratio is highly negative at -75.95, which is starkly different from the industry average of 11.77, indicating that investors are valuing the stock significantly lower than industry norms. The P/B ratio of 9.04 is relatively high, indicating that the stock is trading at a premium to its book value.
| Description | Value |
|---|---|
| Company Name | Deccan Gold Mines Ltd. |
| Sector | Gold |
| Established | 1984 |
| Website | deccangoldmines.com |
| Listing At | BSE |
| BSE Code | 512068 |
| Mkt Cap | ₹2163 Cr |
| Reserves and Surplus | 240.11 Cr |
| ROE | -30.18% |
| ROCE | -1.77% |
| 52 Week High | ₹178.70 |
| 52 Week Low | ₹88.50 |
| P/E Ratio (TTM) | -75.95 |
| Industry P/E | 11.77 |
| P/B Ratio | 9.04 |
| Face Value | 1 |
| Book Value Per Share | 15.54 |
| EPS (TTM) | -1.85 |
| Dividend Yield | 0.0% |
| Debt to Equity | 0.47 |
| Total Revenue | 3.59Cr |
| Revenue Growth | 955.88% |
| Net Profit (Anual) | -25.21Cr |
| Profit Growth | -803.58% |
Returns in Past Year
| Year | Returns (%) |
|---|---|
| 2023 | 222.18% |
| 2022 | 52.10% |
| 2021 | 40.02% |
| 2020 | -3.30% |
| 2019 | -39.34% |
| 2018 | -16.21% |
| 2017 | -17.27% |
| 2016 | 27.54% |
| 2015 | -6.88% |
| 2014 | 128.42% |
| 2013 | 6.92% |
| 2012 | 6.04% |
| 2011 | -15.25% |
| 2010 | -33.48% |
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Deccan Gold Share Price Target 2024
The current sentiment of Deccan Gold is showing buy. he price target of Deccan Gold for 2024 is going to be between Rs 70 to Rs 190.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2024 | ₹70 | ₹190 |
Deccan Gold Price Target 2025
Deccan Gold is India’s leading company in the renewable chemicals, biofuels and bioproducts sector. Its target price range in 2025 is going to be Rs 10 to Rs 245.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2025 | ₹120 | ₹245 |
Deccan Gold Share Price Target 2026
According to market experts, the price target of Deccan Gold for 2026 is going to be between Rs 145 to Rs 260.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2026 | ₹145 | ₹260 |
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Deccan Gold Share Price Target 2028
According to market experts, the price target of Deccan Gold for 2028 is going to be between Rs 246 to Rs 380.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2028 | ₹246 | ₹380 |
Deccan Gold Share Price Target 2030
According to market experts, the price target of Deccan Gold for 2030 is going to be between Rs 370 to Rs 460.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2030 | ₹370 | ₹460 |
Deccan Gold Share Price Target 2040
According to the past trend of the company, the minimum price target of Deccan Gold in 2040 is expected to be RS 640 and the maximum price target is expected to be RS 780.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2040 | ₹640 | ₹780 |
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Deccan Gold Share Price Target 2050
According to the past trend of the company, the minimum price target of Deccan Gold in 2050 is expected to be RS 980 and the maximum price target is expected to be RS 1070.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2050 | ₹980 | ₹1070 |
Latest News
- Deccon Gold Mines has received an investment of Rs 60 crore for Jonnagiri Gold Project, Kyrgystan and India and Altyn Tor Gold Project.
- The company will produce 750 kg gold per year by 2026 from Jonnagiri Gold Project in Andhra Pradesh.
Strengths
- Deccan Gold’s revenue has seen substantial growth (955.88%) year-on-year, which is a promising sign of progress.
- The company’s debt-to-equity ratio is 0.47, which reflects the company’s debt management, indicating low financial risk.
- The company’s price will go up in the short, medium, long term.
- The company’s net profit is increasing with increasing profit margins.
- Deccon Gold is India’s first and only gold exploration company.
- The company has reserves and surplus of Rs 240.11 crore.
Risks
- The company is unable to generate cash from its core business.
- The company’s profit growth is in the negative
- The company’s promoters are losing their stake.
- Deccan Gold has reported consistent losses in both quarterly and annual reports.
- The company’s quarterly net loss ranges from ₹-1.72 crore to ₹-4.10 crore, and the annual loss is ₹-25.21 crore, reflecting continued challenges in achieving profitability.
- The company’s operating and net profit margins are effectively zero, which means limited income generation compared to its expenses.
- The negative ROE (-30.18%) and high P/B ratio (9.04) indicate weak returns relative to its book value, including possible overvaluation.
- The company’s P/E ratio is negative, pointing to competitive and structural issues.
- 72.91% of the company’s stake is held by retail and other non-institutional investors, which could lead to higher volatility, especially given the company’s financial struggles.
Sentiment
The current sentiment of Deccan Gold is showing Strong bull. It is trading above 13 out of 15 SMAs.
Technical Indicator
According to Investing.com, 8 out of 9 technical indicators are giving buy signal, 1 are giving sell and 0 are giving neutral signal.
| Action | Rating |
|---|---|
| Buy | 66% |
| Hold | 17% |
| Sell | 17% |
Deccan Gold Share Price History
Deccan Gold Mines was listed on the Bombay Stock Exchange in May 2003 at Rs 0.46. The company’s stock has been moving up with minor fluctuations. A sudden boom came in September 2007 and it increased by 600% by January 2008. By September, the share again fell by 85% to Rs 13. Thereafter, it continued to grow at a slow pace. From May 2014, the share again saw a rise and by 2016, it increased by 342%.
In the last 5 years, the share of Deccon Gold has risen by 714%, although in the last 1 year, its share has fallen by 5.86%. In the last 6 months and 1 month, its share has seen a rise of 9.97% and 6.84% respectively.
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Deccan Gold Quarterly Report
| Description | Jun 24 | Mar 24 | Dec 23 | Sep 23 |
| Revenue + | ₹0.37Cr. | ₹0.16Cr. | ₹0.04Cr. | ₹0.03Cr. |
| Expenses + | ₹3.69Cr. | ₹4.26Cr. | ₹3.33Cr. | ₹1.76Cr. |
| EBITDA | ₹-3.22Cr. | ₹-3.70Cr. | ₹-3.28Cr. | ₹-1.72Cr. |
| EBIT | ₹-3.33Cr. | ₹-4.10Cr. | ₹-3.28Cr. | ₹-1.72Cr. |
| Net Profit | ₹-3.33Cr. | ₹-4.10Cr. | ₹-3.28Cr. | ₹-1.72Cr. |
| Operating Profit Margin | 0.00% | 0.00% | 0.00% | 0.00% |
| Net Profit Margin | 0.00% | 0.00% | 0.00% | 0.00% |
| Earning Per Share | ₹-0.23 | ₹-0.28 | ₹-0.22 | ₹-0.12 |
| Dividends Per Share | 0.00 | 0.00 | 0.00 | 0.00 |
Deccan Gold Income Report
| Description | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|
| Total Revenue | ₹3.59Cr | ₹0.34Cr | ₹0.08Cr | ₹0.04Cr |
| Total Expenses | ₹28.78Cr | ₹3.03Cr | ₹2.74Cr | ₹3.26Cr |
| Profit/Loss | ₹-25.21Cr | ₹-2.79Cr | ₹-2.66Cr | ₹-3.21Cr |
Deccan Gold Share Price Target 2024 2025, 2026, 2028, 2030, 2040 to 2050
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2024 | ₹70 | ₹190 |
| 2025 | ₹120 | ₹245 |
| 2026 | ₹145 | ₹260 |
| 2028 | ₹246 | ₹380 |
| 2030 | ₹370 | ₹460 |
| 2040 | ₹640 | ₹780 |
| 2050 | ₹980 | ₹1070 |
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Deccan Gold Shareholding Pattern
| Shareholder | Share % |
|---|---|
| Promoter | 25.19% |
| Other Domestic Institutions | 0.03% |
| Retail and Others | 72.91% |
| Foreign Institutions | 1.87% |
| Total | 100.00% |
How to Buy Deccan Gold Shares?
Buying and selling of Deccan Gold can be done by a stock broker registered with SEBI. Here are the names of some popular brokers.
- Zerodha
- groww
- Angel One
- upstox
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Deccan Gold Share Price Target: Export Opinion
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| Adani Power | ₹2.92 LCr | 192.93% | ₹231.00 | ₹797.00 |
| Havells India | ₹1.20 LCr | 41.69% | ₹1232.85 | ₹1950.05 |
| Tata Motors | ₹3.57 LCr | 72.86% | ₹557.70 | ₹1065.60 |
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Conclusion
Deccan Gold Mines Limited faces serious financial constraints, the company is struggling with continuous losses, weak profitability metrics and poor return on equity. The company has been running in losses for the last several years. Any investor should think carefully before investing in the company.
Disclaimer– Please note that all the information given here is for general information purpose only and not for investment purposes. Therefore, before investing in any share, take advice from a certified market expert. If you invest, you will be responsible for your profits and losses.
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Q1. What is the Deccan Gold share price target 2025?
Ans: 2025 price target of Deccan Gold will be between Rs.120 to Rs.245.
Q2. What is the Deccan Gold share price target 2030?
Ans: Deccan Gold will trade between Rs 370 and Rs 460 in 2030.
Q3. What is the Deccan Gold share price target 2024?
Ans: 2024 price target of Deccan Gold will be between Rs.70 to Rs.190.
Q4. What is the Deccan Gold share price target 2040?
Ans: 2040 price target of Deccan Gold will be between Rs.640 to Rs.780.
Q5. What is the Deccan Gold share price target 2050?
Ans: 2050 price target of Deccan Gold will be between Rs.980 to Rs.1070.