South West Pinnacle Exploration Limited – Investor Presentation Summary

Key Operational Highlights

  • Completed 33+ lakh meters of drilling with 165+ successful project deliveries
  • Currently working on 20 active projects across India with 43 advanced drill rigs
  • Drilled over 3.2 million meters without a single Lost Time Injury since inception
  • Operations span 8 states with zero LTIs in Q1 FY27
  • Key drivers: Strong execution capabilities, diversified service portfolio, and experienced team

Segment-wise Performance

  • CBM Exploration Services: Completed over 200 CBM core wells (highest in India)
  • CBM Production Services: Drilled 60+ CBM production wells up to 1,200 meters depth
  • Coal & Minerals Exploration: Expertise in core drilling, RC, DTH, and mud rotary drilling
  • 2D/3D Seismic Exploration: Capability in land seismic exploration for coal, oil & gas
  • Geological & Geophysical Services: Team of 15 experienced geoscientists
  • Aquifer Mapping: Delivered studies for state & national water resource departments
  • Underground Drilling: Commissioned 4 advanced rigs, operational for Hindustan Copper Ltd.

Financial Highlights

Revenue: Rs. 617 Mn (Q1 FY27)

EBITDA: Rs. 149 Mn

PAT: Rs. 93 Mn

EPS: Rs. 3.06/Share

Margins: EBITDA Margin 24.15%, PAT Margin 15.07%

YoY comparison: Revenue +53.5% YoY, EBITDA +156.9% YoY, PAT +287.5% YoY

Drivers of financial performance: Higher revenue growth, operational efficiencies, strong project execution

Geographical Revenue Split

Domestic vs Export/Regional Revenue: Primarily domestic operations with international presence through Oman JVs

Regional Breakdown: Operations across 8 Indian states with international projects in Oman

Balance Sheet Snapshot

Net Debt/Equity: 0.39 (Debt/Equity ratio)

Reserves: Part of Other Equity at Rs. 1,737 Mn (FY26)

Current Assets/Liabilities: Current Assets Rs. 1,943 Mn, Current Liabilities Rs. 1,057 Mn (FY26)

Working Capital/Leverage Metrics: Strong equity base with Rs. 2,035 Mn shareholders' funds (FY26)

Financial Health Insights: Improved profitability, strong order book providing revenue visibility

Capex & Cash Flow Health

Capital Expenditure: Company has placed orders for new rigs and equipment to meet enhanced business requirements

Free Cash Flow: Not specified in presentation

Operating Cash Flow: Not specified in presentation

Net Debt Movement: Not specified in presentation

Investment Rationale: Focus on capacity expansion and technology upgrades to support growing order book

Strategic & R&D Initiatives

Investments in Innovation: Passive Seismic Tomography technology for oil & gas exploration, advanced drilling rigs

Expected impact on growth: New technologies enhancing service capabilities and market positioning

Strategic Rationale: Expanding into high-growth markets including Oman, diversifying service offerings

Industry Trends & Business Environment

Macro/Industry Trends: Global mining equipment market projected to grow from USD 6.4 billion in 2024 to USD 11.34 billion by 2033 (CAGR ~6.05%), India's coal production reached record 1,047.52 MT in FY2024-25

Impact on Company: Growing demand for exploration services, policy reforms accelerating private sector participation, increased focus on domestic exploration to reduce import dependency

Management Commentary & Growth Outlook

Strategic Outlook: Focus on integrated exploration services across diverse sectors including coal, minerals, oil & gas

FY Guidance: Target to commence coal production from Jharkhand block by FY 2027-28

Market Share Targets: Positioned as one of India's fastest-growing private exploration companies

Risks and Opportunities: Growing energy demand and policy support accelerating exploration activities, emerging opportunities in mineral-rich international regions

ESG Updates

Strong emphasis on Health, Safety & Environment (HSE) with zero Lost Time Injuries since inception