All Q4 FY26 results →

DG

Deccan Gold Mines Ltd

Q4 FY26

Deccan Gold Mines Q4 FY26 earnings call: Revenue & Margins

Q4 FY26 earnings call: what management guided on revenue, margins and order book.

Price₹246

Market cap₹4.0K Cr

Updated23 Aug 2026

Read4 min read

What the Q4 FY26 call signalled

4 of 4 strong

RevenueGood growth

MarginMargins up

CapexCapex planned

FundraiseFundraise planned

The short version

Jonnagiri project expected to produce around 600 kg of gold in FY2027, increasing to 800 kg in FY2028, with potential to reach 1 ton annually thereafter. - FY2027 revenue forecast for Jonnagiri is approximately Rs. FY2027 profitability expected around Rs.180 Crores, translating to an EPS of about Rs.10 on the current equity base.

From Deccan Gold Mines Ltd's Q4 FY26 earnings-call transcript · updated 23 Aug 2026.

Revenue & Sales Performance

Good growth

Jonnagiri project expected to produce around 600 kg of gold in FY2027, increasing to 800 kg in FY2028, with potential to reach 1 ton annually thereafter.
FY2027 revenue forecast for Jonnagiri is approximately Rs. 900 Crores with an EBITDA margin of 75%.
Expansion plans include increasing plant capacity beyond current 1000 tons/day to 2000+ tons/day, subject to obtaining necessary permissions.
Additional projects like Bhalukona, Spain, Tungsten, Finland, Tanzania, Mozambique are progressing; Mozambique drilling planned soon.
Kyrgyzstan project requires Rs. 100 Crores investment in near term to operationalize; expected production ramp-up by end of FY2027.

2 more points from Deccan Gold Mines Ltd's call on revenue

Pro opens every point from 15K+ earnings calls

Profitability & Margins

FY2027 profitability expected around Rs.180 Crores, translating to an EPS of about Rs.10 on the current equity base.
Expansion in Jonnagiri project aims to increase gold production from 600kg (FY2027) to 800kg (FY2028), potentially reaching 1 ton annually.
EBITDA margins for gold mining projects are forecasted around 70-75%, with PAT margins at about 45% at peak production, reflecting strong profitability.
Geomysore project expected to generate Rs.120 Crores PAT, though dividends may not be declared during initial expansion years.
Kyrgyzstan project anticipated to improve PAT margins from ~30% in FY2027 to 40-45% in subsequent years.
Future growth supported by expansions, resource upgrades, and new projects including Bhalukona and Spain.

2 more points from Deccan Gold Mines Ltd's call on margins

Pro opens every point from 15K+ earnings calls

See what Deccan Gold Mines Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

Capex planned

Capital intensive nature of mining acknowledged; ongoing need for capital infusion.
Next year funding requirement estimated at Rs.800 to Rs.1000 Crores (~$100 million) for two projects.
Typical capital expenditure (capex) per mine around Rs.350-400 Crores for 1000 tonnes per day operational capacity (similar for Bhalukona).
Underground mining in Kyrgyzstan to start after 3-4 years; incremental capital of Rs.50-100 Crores expected for shaft development.
Rs.100 Crores planned for Kyrgyzstan project operationalization (by August).
Bhalukona project estimated to need Rs.400 Crores to reach mine lease application stage.
Strategy to raise funds includes equity (FPO, QIP, rights issue) and debt; potential first FPO targeted around Dhanteras.

2 more points from Deccan Gold Mines Ltd's call on capex

Pro opens every point from 15K+ earnings calls

Fundraising & Capital Structure

Deccan Gold Mines is planning capital raising primarily through equity and debt to fund projects.
They anticipate a funding requirement of approximately Rs.800 to Rs.1000 Crores (~$100 million) over the next year, particularly for setting up two projects.
Equity raising is expected via Follow-on Public Offer (FPO), complemented by debt funding.
Management is preparing for FPO paperwork in advance and targeting a capital raise around Dhanteras to leverage gold buying season.
Rs.100 Crores is needed for operationalizing the Kyrgyzstan project by August 2026.
Internal accruals from existing operations like Geomysore and Kyrgyzstan projects are expected to fund underground mining expansions, reducing the need for additional immediate funding.

2 more points from Deccan Gold Mines Ltd's call on fundraising

Pro opens every point from 15K+ earnings calls

See what Deccan Gold Mines Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

The transcript provided from Deccan Gold Mines Limited's Q4 FY 2025-2026 investor call does not explicitly mention details regarding the current or expected order book or pending orders. Most discussions focus on: - Capital requirements for various projects (Kyrgyzstan, Bhalukona, Spain). - Plans for funding through rights issues, FPOs, and promoter contributions. - Project timelines and progress updates for Jonnagiri, Altyn Tor, and other mines.

2 more points from Deccan Gold Mines Ltd's call on order book

Pro opens every point from 15K+ earnings calls

Deccan Gold Mines Ltd — Quarterly revenue & net profit

Revenue Net profit Net loss

Dec 2024Q3 FY25

Mar 2025Q4 FY25

Jun 2025Q1 FY26

Sep 2025Q2 FY26

Dec 2025Q3 FY26

Mar 2026Q4 FY26

Reported quarterly figures (₹ Cr). Latest (Q4 FY26): revenue ₹9 Cr, net profit ₹6 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

What Deccan Gold Mines Ltd's management said in earlier quarters

Others in Non - Ferrous Metals this season

Onix Solar (Q4 FY26)
Revenue figures (INR Cr.) for Onix Renewable are reported annually for FY25 to FY29P: . Key concall takeaways from Onix Solar Energy Ltd's Q4 FY26 earnings…
Bhagyanagar Ind (Q4 FY26)
Total revenue growth is a combination of volume growth (~20%) and price increase (~5%). Key concall takeaways from Bhagyanagar India Ltd's Q4 FY26 earnings…
Hindustan Zinc Ltd (Q4 FY26)
VAP (value-added products) share to be raised to 50%, improving domestic market presence and realization by $50–60 per ton. Key concall takeaways from…
Msafe Equipments (Q4 FY26)
Overall, management expresses confidence in sustaining a 50%+ CAGR growth trajectory, implying a healthy and growing demand pipeline. Key concall takeaways…

Compare:vs Hindustan Zinc Ltd vs Hindalco Inds.vs Vedanta Aluminium Metal Ltd

🔎 Who's planning the most growth?

Companies ranked by management's own guidance — revenue, margins, capex and order book, from every earnings call in India.

See rankings →

Arthneeti Pro · Annual

Deccan Gold Mines Ltd and 15K+ more earnings calls,
for less than your morning chai

a day

Every earnings call, ranking and concall Q&A across all four results seasons.

Secure Razorpay payment · instant access

Frequently Asked Questions

What were Deccan Gold Mines Ltd Q4 FY26 results?

Jonnagiri project expected to produce around 600 kg of gold in FY2027, increasing to 800 kg in FY2028, with potential to reach 1 ton annually thereafter. - FY2027 revenue forecast for Jonnagiri is approximately Rs. FY2027 profitability expected around Rs.180 Crores, translating to an EPS of about Rs.10 on the current equity base.

What is Deccan Gold Mines Ltd share price analysis?

Deccan Gold Mines Ltd currently shows a moderate growth signal based on ranking data. The stock trades at a P/E of N/A with a market cap of ₹3,955 Cr. Investors should review the full earnings analysis for detailed insights.

Is Deccan Gold Mines Ltd planning capital expenditure?

Capital intensive nature of mining acknowledged; ongoing need for capital infusion.

Keep Deccan Gold Mines Ltd on your radar — track it to get its next earnings analysis in your feed.

This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.