SOUTHWEST

South West Pinnacle Exploration financials

Market cap
₹763 Cr
Sector
Services
Calls analysed
3
Latest concall · Q1 FY27 · call held 22 Jul 2026

South West Pinnacle Exploration Limited Q1 FY27

Operating Revenue ₹62 cr +54%EBITDA ₹15 cr +157%EBITDA Margin 24.15%

What went well

  • Operating revenue for Q1 FY27 was ₹62 crores, representing a 54% increase year-on-year.
  • EBITDA stood at ₹15 crores, an increase of 157% year-on-year, with an EBITDA margin of 24.15%.
  • Net Profit After Tax was ₹9.3 crores, a remarkable 289% increase compared to ₹2.5 crores in Q1 FY26.

What to watch

  • The business is cyclical, with Q1 typically subdued due to monsoon, which could impact short-term performance.
  • Funding for large projects like Jharkhand Coal Block (₹200 crores) and Oman mining project remains a significant capital allocation item, though management has a plan.
Read the full call →

Guidance record · Q1 FY27

what the last two calls moved 15 tracked 4 delivered 1 missed 10 open
  • Bottom line growth vs. Top line growth delivered said Q2 FY26 Promised: Bottom line increases at a much faster pace than top line (15-20%) Q1 FY27: Q1 FY27 PAT grew 289% YoY, while revenue grew 54% YoY. The bottom line growth was significantly faster than the top line, continuing the trend.
  • New Order Inflow from Tender Pipeline missed said Q4 FY26 Promised: Secure new orders from the current tender pipeline of INR 500-700 crores within the next one to two months. Q1 FY27: Management targeted securing orders from a INR 500-700 cr pipeline. The order book grew from INR 580 cr to INR 761 cr, and Q1 revenue was INR 62 cr, implying new order inflow of approximately INR 243 cr. This is significantly below the targeted range.
  • Year-on-year revenue growth on track said Q2 FY26 Promised: 15% to 20% year-on-year / CAGR over the next three to five years Q1 FY27: Q1 FY27 revenue grew 54% YoY, significantly exceeding the target range. Management reiterated guidance for ~20% CAGR over the medium term.

All 15 tracked — every revision, and every one management stopped mentioning.

Open the guidance ledger

Quarterly results

Q1 FY27: revenue up 54.0%, net profit up 267.1% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue27 48 74 40 62 +128%63 +31%78 +5%62 +54%
EBITDA3 9 16 6 15 +321%18 +99%20 +25%15 +152%
Net profit0 3 9 2 8 +2352%10 +181%11 +24%8 +267%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Performance +53.2% 1Y

₹150₹200₹250Sept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Q2 FY26 — 30 Oct 2025Q4 FY26 — 6 May 2026Q1 FY27 — 22 Jul 2026

1Y: ₹139.29 on 10 Sept 2025 → ₹213.35. High ₹269.13 (27 May 2026), low ₹123.97 (16 Oct 2025).

How the price took the results

close before → close after

Q1 FY27
−2.6%
22 Jul
Q4 FY26
−4.7%
6 May
Q2 FY26
+14.0%
30 Oct

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

Financials, as filed

Revenue grew 25.1% a year over 3 years, FY23 to FY26. Operating margin widened to 23.7%.

Year endingFY23FY24FY25FY26
Revenue₹124 Cr₹133 Cr₹178 Cr₹243 Cr
Operating profit₹20 Cr₹25 Cr₹33 Cr₹58 Cr
Operating margin15.9%18.4%18.3%23.7%
Interest₹6 Cr₹8 Cr₹9 Cr₹8 Cr
Depreciation₹7 Cr₹9 Cr₹10 Cr₹11 Cr
Net profit₹8 Cr₹7 Cr₹15 Cr₹31 Cr
Net margin6.4%5.3%8.3%12.7%
Cash from operations₹3 Cr₹18 Cr₹26 Cr₹0 Cr
Free cash flow₹-10 Cr₹-19 Cr₹32 Cr₹0 Cr
ROCE10.0%9.0%12.0%19.0%
How to read this

From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.

Balance sheet

Year endingFY21FY22FY23FY24FY25FY26
Equity capital₹28 Cr₹28 Cr₹28 Cr₹28 Cr₹30 Cr₹30 Cr
Reserves₹70 Cr₹82 Cr₹90 Cr₹96 Cr₹152 Cr₹173 Cr
Borrowings₹47 Cr₹51 Cr₹65 Cr₹93 Cr₹94 Cr₹80 Cr
Other liabilities₹35 Cr₹35 Cr₹19 Cr₹21 Cr₹47 Cr₹49 Cr
Total liabilities₹179 Cr₹196 Cr₹202 Cr₹238 Cr₹322 Cr₹331 Cr
Fixed assets₹58 Cr₹56 Cr₹59 Cr₹77 Cr₹110 Cr₹115 Cr
Capital work in progress₹0 Cr₹4 Cr₹8 Cr₹11 Cr₹0 Cr₹0 Cr
Investments₹3 Cr₹3 Cr₹3 Cr₹3 Cr₹6 Cr₹5 Cr
Other assets₹117 Cr₹132 Cr₹132 Cr₹146 Cr₹206 Cr₹211 Cr
Total assets₹179 Cr₹196 Cr₹202 Cr₹238 Cr₹322 Cr₹331 Cr
How to read this

As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.

All earnings calls (3)

Read the Q1 FY27 call →

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