Deccan Gold Mines Ltd

- Deccan Gold Mines Limited plans a rights issue aiming to raise around Rs.315 Crores. - The primary purpose of this rights issue is to repay the company's existing debt of about Rs.200 Crores. - The rights issue is targeted at internal shareholders only, not to bring in new external investors. - The company may also use remaining funds from the rights issue for exploration and drilling in four other projects. - There is no current intent to sell any projects; rather, the focus is on building controlling stakes in new projects. - Additional funding may be sought for acquiring one or two new projects after due diligence. - Debt funding in the past included approximately Rs.200 Crores from Hira Group at around 12% interest. - The company plans to use rights issue proceeds to clear debt and free pledged shares related to Geomysore. - Management is open to considering timing and pricing feedback related to the rights issue.

- The company plans a capital expenditure of Rs. 115 Crores specifically allocated for drilling activities as part of their ongoing projects. - They aim to clear an existing debt of around Rs. 200 Crores through a rights issue to strengthen the financial position. - The focus is on developing two operating gold mines (Kyrgyzstan and Jonnagiri) and progressing other projects with expected majority ownership within two years. - New projects are being considered with a goal to bring them into production within two to three years. - Investment decisions prioritize advanced projects and greenfield projects with strong geological potential. - The company intends to monetize stakes in existing mines cautiously, preferring growth via new projects over increasing stakes in current ventures. - There is an ongoing evaluation for potential acquisitions of gold and critical mineral projects, balancing ownership and production timelines. - Capital investment will support expansion and production startup rather than short-term financing concerns.

- Deccan Gold Mines aims for around 2 tons of gold production as their share from current and upcoming projects in the next few years, with possibilities to increase if new projects come in. - The company anticipates growth due to two mines now in production (India and Kyrgyzstan), with production numbers expected to show in the current quarter (as of November 2025). - Advanced projects under development are expected to drive growth beyond a recent flattening phase over the past 1.5 years. - Plans to scale up Jonnagiri mine's proven resource from 12 tons to 20 tons via further drilling, with an eventual target of 40 tons total resource. - Production at Altyn Tor mine is projected to start at 350 kg next year with potential growth up to 700 kg. - The refinery addition in the vicinity (Geomysore) is intended to add value to production. - Focus on majority ownership in gold projects within two years to facilitate steady production increases.

- For FY 2027, clear topline and net profit guidance was sought, but no specific figures were provided during the call (Page 36). - EBITDA margins are expected around 70% to 75%, considering production costs about $1020-$1045 per ounce (Page 30). - PAT margins vary: Kyrgyzstan operations estimate 35%-40% PAT due to revenue sharing and taxes, while Jonnagiri expects around 30% profit tax on EBITDA (Page 30). - Production targets were previously 5 tons of gold by 2030, now revised down to about 2 tons projected (Page 27). - Resource potential at Jonnagiri projected to increase from current proven 12 tons to 20 tons, with a goal to scale up to 40 tons over time (Page 25). - Management aims to stabilize two producing mines (Altyn Tor in Kyrgyzstan and Jonnagiri in India) and grow production and margins steadily with new projects (Pages 7 and 25-30).

The transcript and pages provided from Deccan Gold Mines Limited's Q2 FY 2025-2026 investor call do not mention any details related to current or expected order book or pending orders. The discussion primarily focuses on: - Mining projects progress (Jonnagiri, Kyrgyzstan, and Bhalukona) - Production targets and capacity - Rights issue and funding concerns - Resource potential and exploration - Shareholder queries on project timelines and management strategy No specific information on order book or pending orders was shared during the sessions covered. Therefore, there is no available data on the current or expected order book/pending orders from the provided transcript.