BSECompany Update1d ago · 21 Jul 2026, 08:43 am

Press Release titled as Q1 FY27 Revenue grows 53% Q on Q to Rs. 617 Mn & PAT grows 287% Q on Q to Rs. 93Mn

South West Pinnacle Exploration Ltd · 543986

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South West Pinnacle Exploration Ltd reported Q1 FY27 revenue growth of 53% YoY to Rs. 617 Mn and PAT growth of 287% YoY to Rs. 93 Mn, driven by strong operational performance and new order wins.

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Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact9/10
Market Sentiment9/10

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South West Pinnacle Exploration Ltd - 543986 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

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South West Pinnacle Exploration Ltd (Formerly known as South West Pinnacle Exploration Pvt Ltd) CIN NO.: L13203HR2006PLC049480 Regd & Corp Office: Ground Floor, Plot No.15, Sector-44, Gurgaon 122003, Haryana, India. T: +91 124 4235400, 4235401 ISO 9001: 2015 Certified Company F: +91 124 4235402 E: info@southwestpinnacle.com W: www.southwestpinnacle.com Date: 21.07.2026 To, To, Listing Department Listing Department National Stock Exchange of India Ltd. Bombay Stock Exchange Limited Exchange Plaza, Phiroze Jeejeebhoy Towers, 5th Floor, Plot No. C/1, G Block, Dalal Street, Mumbai-400001 Bandra- Kurla Complex Script Code: 543986 Mumbai 400051 SYMBOL: SOUTHWEST Subject: Press Release Dear Sir/Madam, Please find enclosed herewith a copy of press release being issued by the company titled as “Q1 FY27 Revenue Grows 53% Q on Q to Rs. 617 Mn & PAT Grows 287% Q on Q to Rs. 93 Mn.” This is for your information and record. Thanking You, For South West Pinnacle Exploration Limited Vaishali Company Secretary & Compliance Officer Investor Release Q1 FY27 Revenue Grows 53% Y on Y to Rs. 617 Mn PAT Grows 287% Y on Y to Rs. 93 Mn Haryana, 21st July 2026 – South West Pinnacle Exploration Limited (SWPEL), an Integrated Service Provider providing end-to-end Drilling & exploration of Natural resources announced its Financial Results for the Quarter 1 FY-2026-27. KEY FINANCIAL & OPERATIONAL HIGHLIGHTS Particulars ( in Rs. Million)* Q1 FY27 Q1 FY26 FY26 FY25 Income from Operations 617 402 2430 1803 EBITDA 149 58 583 336 EBITDA Margin % 24% 14% 24% 19% Profit After Tax 93 24 330 164 PAT Margin % 15% 6% 14% 9% * On Consolidated Basis Quarter -1 Highlights  Consolidated Revenue grows 53% Y on Y.  EBITDA grows from 14% to 24% Y on Y with more than two and half fold increase in absolute numbers.  PBT grows from 8% to 19% Y on Y with more than 3.80 fold increase in absolute numbers.  PAT grows from 6% to 15% Y on Y with more than 3.90 fold increase in absolute numbers.  Company commences operations to execute single largest order value of Rs. 307 Cr. in the State of Rajasthan.  Company wins extension of CBM contract from RIL valuing over Rs. 166 Cr.  Order book stands at all time high at 761 Crores.  Company empaneled by Oil India Limited for providing 2D/3D Seismic Data Acquisition Services across OIL's onshore.  Jharkhand coal block exploration completed, definitive GR under preparation.  Balance 75% amount of warrants, issued on preferential basis received and converted into equity shares.  20 Operations across 8 States running smoothly with Zero (0) LTIs (Loss Time Injuries).  Air borne survey (a latest technique for faster exploration in large mining blocks) completed under Oman second JV, GR under preparation.  To reinforce its Strategic investment, company is participating in ongoing Rights issue of Alara Resources Ltd, Australia. Commenting on the results, Mr. Vikas Jain, Chairman & Managing Director said, “I am proud to share that we have delivered strong and encouraging financial and operational performance during first quarter of the financial year 27 by registering over 53% growth in revenue and 287% in profit after Tax Y on Y. The company during the quarter clocked a revenue of INR 617 Mn and PAT of INR. 93 Mn on consolidated basis. The standalone performance is also on similar lines; Mr. Jain said. Mr. Jain went on to explain that “this performance is despite dynamic and often challenging business environment including substantial increase in input cost. During this challenging time, the company expanded its footprint, strengthened client relationships, and enhanced capabilities across multiple domains of mineral exploration and drilling” Mr. Jain added. Mr. Vikas Jain further said that “Recognizing our services, the clients are equally supportive and made our order book quite robust crossing over INR 761 Crs mark giving clear visibility in short to medium term. We expect the trend will continue, strengthening it further in times ahead.” Explaining about the promising outlook of the company he said that “with increasing government focus on mineral exploration, policy reforms, and the push for self-reliance in critical minerals, the sector is poised for strong growth and the company is well-positioned to play a leading role in this transformation and expressed his confidence of riding on the wave with promising year end outlook.” Mr. Jain added that “seeing the present scenario, company has ordered new rigs and other equipments to cope up with the enhanced business requirement.” Mr. Jain went on to explain that “India has huge untapped natural resources and government focus on exploration is the only way to unlock and extract beneath the ground which will not only enable growth engine but also reduce dependence on imports thereby saving precious foreign exchange, South West Pinnacle is well poised to be part of this vision.” Mr Jain also gave an encouraging update on Jharkhand coal block and said that “exploration activities have been completed and GR preparation and submission is on the anvil. Other mine development activities shall be undertaken now on fast track mode.” While sharing development in second JV in Oman, Mr Jain enthusiastically stated that, “air borne survey has recently been completed in the mining block and GR preparation there also is on cards. “ About South West Pinnacle Exploration Limited SWPEL is an Integrated Service Provider, providing end-to-end drilling & exploration of natural resources viz. Coal, Ferrous, Non-Ferrous & Atomic Minerals and Conventional & non- conventional Oil & Gas and ground water investigation. SWPEL’s expertise also extends to carry out exploration using technological tools like surface geographical investigation, downhole geophysics, 2D/3D Seismic and Passive Seismic Tomography etc. Company has won a coal block in the state of Jharkhand, spread across 266 Hectares, having Geological Reserves of over 84 million tons. It has signed a Coal Mine Development and Production Agreement with the Ministry of Coal, Government of India. The Company has been recently notified as an accredited prospecting agency by Ministry of Coal, Government of India for carrying out prospecting operations for the exploration of coal and Lignite. Accordingly, exploration activities at the Coal Block in Jharkhand have since been completed and GR preparation is presently underway. Upon submission of GR, other mine development activities will be undertaken on fast track mode. Further, Company is having two JVs in Oman. The First one is imparting mining services pursuant to a long term mining contract for Copper and Gold in Oman besides carrying out exploration and drilling services through a joint venture, namely, Alara Resources LLC., Oman. The second JV, formed recently has been allocated a mining block by Sultanate of Oman wherein the exploration activities are in progress. The Company has successfully completed more than 165 projects during 19 years of journey since inception for most of the leading Government & Private Organizations and presently operating 20 projects on Pan India basis, in addition to JV Projects in Oman. SWPEL has completed approximately 3.2 million meters of drilling, 6.5 Lac meter of Geo physical logging 515 sq.km. of 3 D Seismic surveys, 411 LKM of 2 D seismic Survey for exploration of Coal, Mineral, Oil and Gas using 43 state of art drilling rigs having varied capacities to drill upto 2500 Meters depth and other equipment. Safe Harbor Statements in this document relating to future status, events, or circumstances, including but not limited to statements about plans and objectives, the progress and results of research and development, potential project characteristics, project potential and target dates for project related issues are forward- looking statements based on estimates and the anticipated effects of future events on current and developing circumstances. Such statements are subject to numerous ris [Showing first 8,000 characters — download PDF for full document]