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 18.9
- Book Value ₹ 57.2
- Dividend Yield 0.00 %
- ROCE 12.5 %
- ROE 10.2 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is expected to give good quarter
Cons
- Stock is trading at 2.76 times its book value
- Company has a low return on equity of 8.59% over last 3 years.
- Dividend payout has been low at 10.8% of profits over last 3 years
- Company has high debtors of 155 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|
| 74 | 79 | 85 | 86 | 104 | 118 | 124 | 133 | 180 | 225 | |
| 54 | 54 | 66 | 70 | 80 | 93 | 104 | 109 | 147 | 181 | |
| Operating Profit | 20 | 25 | 19 | 16 | 24 | 25 | 20 | 25 | 34 | 45 |
| OPM % | 27% | 31% | 22% | 18% | 23% | 21% | 16% | 19% | 19% | 20% |
| 1 | 3 | 5 | 2 | 3 | 3 | 5 | 4 | 6 | 6 | |
| Interest | 5 | 6 | 5 | 5 | 6 | 5 | 6 | 9 | 9 | 8 |
| Depreciation | 7 | 7 | 6 | 7 | 8 | 7 | 7 | 9 | 10 | 10 |
| Profit before tax | 9 | 14 | 13 | 5 | 13 | 15 | 12 | 11 | 21 | 32 |
| Tax % | 34% | 35% | 25% | 40% | 24% | 27% | 23% | 24% | 23% | |
| 6 | 9 | 9 | 3 | 10 | 11 | 9 | 8 | 16 | 25 | |
| EPS in Rs | 6.13 | 3.26 | 3.62 | 1.18 | 3.66 | 3.91 | 3.21 | 2.96 | 5.51 | 8.44 |
| Dividend Payout % | 0% | 0% | 7% | 43% | 14% | 13% | 16% | 17% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 16% |
| 3 Years: | 15% |
| TTM: | 57% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 35% |
| 3 Years: | 11% |
| TTM: | 169% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 30% |
| 3 Years: | 4% |
| 1 Year: | 42% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 9% |
| 3 Years: | 9% |
| Last Year: | 10% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 5 | 14 | 14 | 28 | 28 | 28 | 28 | 28 | 30 |
| Reserves | 24 | 57 | 67 | 56 | 66 | 77 | 86 | 94 | 141 |
| 65 | 50 | 40 | 55 | 50 | 51 | 65 | 93 | 65 | |
| 18 | 21 | 21 | 31 | 35 | 35 | 19 | 21 | 41 | |
| Total Liabilities | 112 | 142 | 142 | 170 | 179 | 191 | 198 | 235 | 276 |
| 64 | 61 | 48 | 67 | 63 | 56 | 59 | 77 | 67 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 4 | 8 | 11 | 15 |
| Investments | 0 | 1 | 3 | 2 | 3 | 2 | 3 | 4 | 5 |
| 47 | 80 | 91 | 100 | 113 | 128 | 128 | 143 | 189 | |
| Total Assets | 112 | 142 | 142 | 170 | 179 | 191 | 198 | 235 | 276 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| 26 | -16 | 9 | 13 | 17 | 10 | 4 | 19 | 27 | |
| -33 | -3 | 10 | -26 | -6 | -3 | -14 | -38 | -4 | |
| 10 | 18 | -16 | 11 | -11 | -4 | 7 | 19 | -4 | |
| Net Cash Flow | 2 | -2 | 3 | -2 | -0 | 2 | -3 | 0 | 19 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 73 | 191 | 207 | 242 | 217 | 207 | 165 | 157 | 155 |
| Inventory Days | 347 | 576 | 389 | 376 | |||||
| Days Payable | 128 | 131 | 58 | 152 | |||||
| Cash Conversion Cycle | 292 | 191 | 207 | 242 | 217 | 207 | 610 | 488 | 379 |
| Working Capital Days | -88 | 94 | 142 | 107 | 118 | 141 | 141 | 132 | 107 |
| ROCE % | 19% | 13% | 8% | 13% | 13% | 11% | 10% | 13% |
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
2d - 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