South West Pinnacle Exploration Ltd

South West Pinnacle Exploration Ltd

₹ 153 -0.88%
23 Feb - close price
About

South West Pinnacle Exploration Ltd is engaged in providing end-to-end drilling, exploration and allied services to various industries. It also provides consultancy for geological field services and allied services and has an in-house team of geoscientists for providing integrated exploration services including geophysical logging, surface geophysical & topographic surveys. [1]

Key Points

Services Offered
The services offered by the company includes coal & mining drilling services, 2D/3D seismic exploration, geological & geophysical services, mining services, CBM exploration services, CBM production services, Geothermal and shale gas exploration, aquifer mapping, etc.[1] It owns 36 top drive hydro static drilling rigs with capacities to drill upto ~2,500 meters in all domains.[2]

  • Market Cap 427 Cr.
  • Current Price 153
  • High / Low 192 / 92.0
  • Stock P/E 52.2
  • Book Value 42.5
  • Dividend Yield 0.33 %
  • ROCE 9.96 %
  • ROE 7.32 %
  • Face Value 10.0

Pros

Cons

  • Stock is trading at 3.60 times its book value
  • The company has delivered a poor sales growth of 10.3% over past five years.
  • Company has a low return on equity of 9.74% over last 3 years.
  • Company has high debtors of 161 days.

* 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.

Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
28.23 34.96 23.92 27.95 30.89 35.10 25.83 24.85 35.28 38.00 22.90 23.27 42.15
20.91 29.77 19.54 21.67 25.21 25.73 21.11 20.91 31.24 30.73 19.53 19.32 32.73
Operating Profit 7.32 5.19 4.38 6.28 5.68 9.37 4.72 3.94 4.04 7.27 3.37 3.95 9.42
OPM % 25.93% 14.85% 18.31% 22.47% 18.39% 26.70% 18.27% 15.86% 11.45% 19.13% 14.72% 16.97% 22.35%
0.43 1.62 0.46 0.88 1.17 0.28 0.49 2.03 1.12 0.50 0.52 0.88 0.49
Interest 1.22 1.38 1.13 1.16 1.15 1.38 1.09 1.36 1.75 1.70 1.84 1.77 2.43
Depreciation 1.84 1.82 1.68 1.72 1.72 2.13 1.61 1.78 1.92 1.86 1.67 1.75 2.72
Profit before tax 4.69 3.61 2.03 4.28 3.98 6.14 2.51 2.83 1.49 4.21 0.38 1.31 4.76
Tax % 25.80% 25.76% 24.14% 25.93% 23.12% 28.34% 27.09% 25.09% 30.87% 20.67% 26.32% 25.95% 24.79%
3.48 2.67 1.54 3.16 3.06 4.40 1.84 2.13 1.02 3.33 0.28 0.97 3.59
EPS in Rs 1.25 0.96 0.55 1.13 1.10 1.58 0.66 0.76 0.37 1.19 0.10 0.35 1.29
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
47 36 52 63 85 72 76 83 84 102 118 124 126
34 28 37 50 65 52 52 64 67 79 92 104 102
Operating Profit 12 8 14 14 19 20 24 19 17 23 26 20 24
OPM % 26% 23% 28% 21% 23% 27% 31% 23% 20% 23% 22% 16% 19%
0 3 0 0 0 1 3 5 2 3 3 4 2
Interest 3 4 5 6 8 5 6 4 5 5 5 6 8
Depreciation 3 5 6 4 5 7 7 6 6 7 7 7 8
Profit before tax 6 2 4 4 6 9 14 14 8 14 16 11 11
Tax % 38% 84% 27% 34% 34% 34% 34% 23% 28% 23% 26% 25%
4 0 3 3 4 6 9 11 6 11 12 8 8
EPS in Rs 4.40 0.32 3.03 3.13 4.15 6.14 3.24 3.82 1.99 3.77 4.36 2.98 2.93
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 7% 25% 13% 11% 17%
Compounded Sales Growth
10 Years: 13%
5 Years: 10%
3 Years: 14%
TTM: 4%
Compounded Profit Growth
10 Years: 48%
5 Years: -1%
3 Years: 15%
TTM: -13%
Stock Price CAGR
10 Years: %
5 Years: 47%
3 Years: 45%
1 Year: 38%
Return on Equity
10 Years: 12%
5 Years: 10%
3 Years: 10%
Last Year: 7%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 4 4 4 5 5 5 14 14 28 28 28 28 28
Reserves 6 7 9 15 19 24 57 68 59 70 82 90 91
26 40 48 46 46 62 43 33 51 47 51 65 95
6 17 13 13 13 17 20 20 30 35 35 19 20
Total Liabilities 43 68 74 79 83 108 134 135 168 179 196 202 233
25 41 36 35 35 62 56 43 62 58 56 59 67
CWIP 0 0 0 0 0 0 0 0 0 0 4 8 27
Investments 0 0 0 0 4 1 1 3 3 3 3 3 3
18 27 38 44 44 45 77 89 102 117 132 132 136
Total Assets 43 68 74 79 83 108 134 135 168 179 196 202 233

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
0 11 18 26 -17 9 13 16 10 12
0 -4 -13 -31 2 10 -29 -7 -6 -14
0 -8 -6 7 15 -15 13 -9 -1 7
Net Cash Flow 0 -0 -0 2 0 3 -3 -0 2 6

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 53 108 107 81 69 71 188 205 242 215 203 161
Inventory Days 576
Days Payable 131
Cash Conversion Cycle 53 108 107 81 69 71 188 205 242 215 203 606
Working Capital Days 90 70 139 143 68 100 257 263 252 274 264 296
ROCE % 26% 12% 16% 15% 21% 17% 19% 15% 10% 13% 14% 10%

Shareholding Pattern

Numbers in percentages

3 Recently
Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
74.68% 74.68% 74.68% 74.68% 74.68% 74.68% 74.68% 74.68% 74.68% 74.68% 74.68% 74.68%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.09% 0.09% 0.09% 0.09% 0.07% 0.08%
0.36% 0.25% 0.15% 0.17% 0.09% 0.09% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
24.96% 25.07% 25.17% 25.15% 25.22% 25.22% 25.22% 25.22% 25.22% 25.22% 25.25% 25.24%
No. of Shareholders 7972,1842,1852,1632,6712,5672,6392,9282,9513,2383,0435,289

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents