South West Pinnacle Exploration Ltd
NSE: SOUTHWEST BSE: 543986
Incorporated in 2006, South West Pinnacle Exploration Ltd is in the business of drilling and exploration of coal, minerals and coal -bed methane[1]
₹250
52W: ₹121 — ₹265
PE 24.3 · Book ₹67.9 · +268% vs bookMarket Cap₹746 Cr
Stock P/E24.3Price to Earnings
ROCE19.2%Return on Capital
ROE16.5%Return on Equity
Div. Yield0%Face Value ₹10
Strengths
- +Company is expected to give good quarter
- +Company has delivered good profit growth of 26.1% CAGR over last 5 years
Weaknesses
- −Stock is trading at 3.61 times its book value
- −Though the company is reporting repeated profits, it is not paying out dividend
- −Company has a low return on equity of 11.2% over last 3 years.
- −Company has high debtors of 175 days.
- −Promoter holding has decreased over last 3 years: -5.83%
Shareholding Pattern
Promoters68.85%
FIIs0.76%
DIIs0%
Public30.39%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 73.61% | 73.61% | 73.61% | 68.85%▼4.8 | 68.85% | 68.85% | 68.85% | 68.85% |
| FIIs | 0% | 0.36%▲0.4 | 0.08%▼0.3 | 0.01%▼0.1 | 0.12%▲0.1 | 0.08%▼0.0 | 0.28%▲0.2 | 0.76%▲0.5 |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 26.39% | 26.02%▼0.4 | 26.31%▲0.3 | 31.13%▲4.8 | 31.01%▼0.1 | 31.07%▲0.1 | 30.87%▼0.2 | 30.39%▼0.5 |
Financial Statements
| Metric | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 42 | 45 | 29 | 27 | 48 | 74 | 40 | 62 | 63 | 78 |
| Expenses | 33 | 37 | 25 | 24 | 39 | 58 | 34 | 48 | 45 | 58 |
| Operating Profit | 9 | 8 | 5 | 3 | 9 | 16 | 6 | 15 | 18 | 20 |
| OPM % | 22% | 17% | 16% | 13% | 19% | 21% | 14% | 23% | 28% | 25% |
| Net Profit | 4 | 2 | 2 | 0 | 3 | 9 | 2 | 8 | 10 | 11 |
| EPS ₹ | 1.29 | 0.8 | 0.69 | 0.11 | 1.25 | 3.06 | 0.69 | 2.55 | 3.28 | 3.8 |
AI Insights
Revenue Trend
Mar 2026 revenue at ₹243Cr, up 35.8% YoY. OPM at 24%.
Debt Position
Borrowings at ₹80Cr. Debt-to-equity ratio: 0.46x. Healthy balance sheet.
Institutional Flow
DIIs: 0% (+0.00pp change). FIIs: 0.76% (+0.67pp change). Promoters hold 68.85%.
Margin & Efficiency
ROCE improving from 15% (Mar 2015) to 19% (Mar 2026). Working capital days: 120.
Valuation
PE 24.3x with 19.2% ROCE. Price is 268% above book value of ₹67.9. Dividend yield: 0%.
Recent Announcements
- Compliances-Reg.24(A)-Annual Secretarial Compliance 1m - Annual Secretarial Compliance Report for the year ended March 31, 2026.
- Updates 12 May - South West Pinnacle won three LOAs/work orders worth ₹22.68 crore; execution expected this financial year.
- Disclosure under Regulation 30A of LODR 11 May - Q4/FY26 call transcript highlights 243 Cr revenue, 33 Cr PAT, 300 Cr HZL order, and 400 Cr coal capex.
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 6 May - Earnings call audio for audited Q4 and FY2026 results uploaded on May 6, 2026.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 6 May - Submission of Newspaper Publication for the Audited Financial Results (Standalone & Consolidated) for the year ended March 31, 2026.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from nse