South West Pinnacle Exploration Ltd
Incorporated in 2006, South West Pinnacle Exploration Ltd is in the business of drilling
and exploration of coal, minerals and coal
-bed methane[1]
- Market Cap ₹ 470 Cr.
- Current Price ₹ 158
- High / Low ₹ 172 / 95.6
- Stock P/E 21.1
- Book Value ₹ 60.9
- Dividend Yield 0.00 %
- ROCE 11.7 %
- ROE 9.02 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
Cons
- Stock is trading at 2.59 times its book value
- Company has a low return on equity of 7.49% over last 3 years.
- Dividend payout has been low at 12.2% of profits over last 3 years
- Company has high debtors of 151 days.
- Promoter holding has decreased over last 3 years: -5.83%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 52 | 63 | 85 | 72 | 76 | 83 | 84 | 102 | 118 | 124 | 133 | 179 | 224 | |
| 37 | 50 | 65 | 52 | 52 | 64 | 67 | 79 | 92 | 104 | 109 | 146 | 179 | |
| Operating Profit | 14 | 14 | 19 | 20 | 24 | 19 | 17 | 23 | 26 | 20 | 25 | 34 | 45 |
| OPM % | 28% | 21% | 23% | 27% | 31% | 23% | 20% | 23% | 22% | 16% | 19% | 19% | 20% |
| 0 | 0 | 0 | 1 | 3 | 5 | 2 | 3 | 3 | 4 | 2 | 5 | 3 | |
| Interest | 5 | 6 | 8 | 5 | 6 | 4 | 5 | 5 | 5 | 6 | 9 | 9 | 8 |
| Depreciation | 6 | 4 | 5 | 7 | 7 | 6 | 6 | 7 | 7 | 7 | 9 | 10 | 10 |
| Profit before tax | 4 | 4 | 6 | 9 | 14 | 14 | 8 | 14 | 16 | 11 | 10 | 20 | 30 |
| Tax % | 27% | 34% | 34% | 34% | 34% | 23% | 28% | 23% | 26% | 25% | 27% | 25% | |
| 3 | 3 | 4 | 6 | 9 | 11 | 6 | 11 | 12 | 8 | 7 | 15 | 22 | |
| EPS in Rs | 3.03 | 3.13 | 4.15 | 6.14 | 3.24 | 3.82 | 1.99 | 3.77 | 4.36 | 2.98 | 2.54 | 4.97 | 7.55 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 7% | 25% | 13% | 11% | 17% | 20% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 11% |
| 5 Years: | 16% |
| 3 Years: | 15% |
| TTM: | 56% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 17% |
| 5 Years: | 19% |
| 3 Years: | 3% |
| TTM: | 176% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 30% |
| 3 Years: | 4% |
| 1 Year: | 42% |
| Return on Equity | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 9% |
| 3 Years: | 7% |
| Last Year: | 9% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4 | 5 | 5 | 5 | 14 | 14 | 28 | 28 | 28 | 28 | 28 | 30 | 30 |
| Reserves | 9 | 15 | 19 | 24 | 57 | 68 | 59 | 70 | 82 | 90 | 96 | 142 | 152 |
| 48 | 46 | 46 | 62 | 43 | 33 | 51 | 47 | 51 | 65 | 93 | 65 | 94 | |
| 13 | 13 | 13 | 17 | 20 | 20 | 30 | 35 | 35 | 19 | 21 | 39 | 47 | |
| Total Liabilities | 74 | 79 | 83 | 108 | 134 | 135 | 168 | 179 | 196 | 202 | 238 | 275 | 322 |
| 36 | 35 | 35 | 62 | 56 | 43 | 62 | 58 | 56 | 59 | 77 | 67 | 110 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4 | 8 | 11 | 15 | 0 |
| Investments | 0 | 0 | 4 | 1 | 1 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 6 |
| 38 | 44 | 44 | 45 | 77 | 89 | 102 | 117 | 132 | 132 | 146 | 190 | 206 | |
| Total Assets | 74 | 79 | 83 | 108 | 134 | 135 | 168 | 179 | 196 | 202 | 238 | 275 | 322 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 11 | 18 | 26 | -17 | 9 | 13 | 16 | 10 | 3 | 18 | 26 | ||
| -4 | -13 | -31 | 2 | 10 | -29 | -7 | -6 | -14 | -37 | -4 | ||
| -8 | -6 | 7 | 15 | -15 | 13 | -9 | -1 | 7 | 19 | -4 | ||
| Net Cash Flow | -0 | -0 | 2 | 0 | 3 | -3 | -0 | 2 | -3 | 0 | 18 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 107 | 81 | 69 | 71 | 188 | 205 | 242 | 215 | 203 | 161 | 154 | 151 |
| Inventory Days | 576 | 389 | 376 | |||||||||
| Days Payable | 131 | 58 | 148 | |||||||||
| Cash Conversion Cycle | 107 | 81 | 69 | 71 | 188 | 205 | 242 | 215 | 203 | 606 | 485 | 379 |
| Working Capital Days | 139 | 143 | -76 | -89 | 107 | 165 | 141 | 145 | 154 | 153 | 143 | 117 |
| ROCE % | 16% | 15% | 21% | 17% | 19% | 15% | 10% | 13% | 14% | 10% | 9% | 12% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
1d - Earnings call audio for unaudited Q2 FY26 results uploaded, October 30, 2025.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
30 Oct - Submission Newspaper Publication of Financial Results for the quarter and half year ended on September 30, 2025
- Announcement under Regulation 30 (LODR)-Investor Presentation 29 Oct
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
29 Oct - Q2 FY26 revenue Rs624mn (+128% YoY); H1 Rs1,027mn; INR1.53bn Reliance contract; orderbook Rs4.12bn.
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
29 Oct - Q2 FY26 revenue Rs624m (+128%); H1 Rs1,027m; INR1.53bn Reliance contract; orderbook Rs4.12bn; Oman JV.
Business Overview:[1]
SWPEL is an ISO 9001:2015 certified, full fledged exploration cum mining company which provides services in the fields of Mineral & Unconventional Energy resources. It undertakes drilling and exploration of coal, minerals and coal- bed methane