MarketFriction

South West Pinnacle Exploration Ltd

NSE SOUTHWEST · BSE 543986 · Diversified Commercial Services
₹181.70 -0.43%
NSE close2026-10-01
52 week range121.00 - 275.00
Market cap₹602 Cr.
P/E15.0
IPO 2018 · +133% since Price band 20% Delivery 54.7%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales23.2742.1545.0129.4327.3648.5473.8440.2262.4462.6777.7061.68
Expenses19.3832.7237.2224.8323.9039.7458.4534.4348.0145.5257.3146.76
Operating Profit3.899.437.794.603.468.8015.395.7914.4317.1520.3914.92
OPM %16.72%22.37%17.31%15.63%12.65%18.13%20.84%14.40%23.11%27.37%26.24%24.19%
Other Income0.881.091.132.651.641.341.771.401.770.731.741.76
Interest1.772.432.452.272.142.172.101.952.262.092.131.72
Depreciation1.752.722.642.442.452.532.182.142.943.153.223.06
Profit before tax1.255.373.832.540.515.4412.883.1011.0012.6416.7811.90
Tax %27.20%21.97%26.63%26.77%19.61%23.53%22.44%22.58%24.09%27.14%22.23%21.51%
Net Profit0.914.202.801.870.404.169.992.408.369.2213.059.34
EPS in Rs0.331.511.000.670.141.493.350.802.803.094.373.13
Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales74798586104118124133180243264
Expenses545466708093104109147184198
Operating Profit2025191624252025345967
OPM %27%31%22%18%23%21%16%19%19%24%25%
Other Income13523354656
Interest56556569998
Depreciation77678779101112
Profit before tax91413513151211214452
Tax %34%35%25%40%24%27%23%24%23%24%
Net Profit6993101198163340
EPS in Rs6.133.263.621.183.663.913.212.965.5111.0713.39
Dividend Payout %0%0%7%43%14%13%16%17%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth%19%25%39%
Compounded Profit Growth%28%54%136%
Stock Price CAGR%12%11%40%
Return on Equity11%11%12%17%
Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital5141428282828283030
Reserves2457675666778694141174
Borrowings65504055505165936580
Other Liabilities18212131353519214148
Total Liabilities112142142170179191198235276332
Fixed Assets64614867635659776796
CWIP0000048111520
Investments0132323459
Other Assets478091100113128128143189208
Total Assets112142142170179191198235276332
Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity26-1691317104192712
Cash from Investing Activity-33-310-26-6-3-14-38-4-38
Cash from Financing Activity1018-1611-11-4719-47
Net Cash Flow2-23-2-02-3019-18
Free Cash Flow-3-2021-14144-10-1836-27
CFO/OP137%-54%66%100%78%53%38%86%90%33%
Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days73191207242217207165157155175
Inventory Days347576389376
Days Payable12813158152
Cash Conversion Cycle292191207242217207610488379175
Working Capital Days-8894142107118141141132107116
ROCE %19%13%8%13%13%11%10%13%20%
Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Jul 2026
Promoters74.68%73.61%73.61%73.61%73.61%68.85%68.85%68.85%68.85%68.85%64.81%65.94%
FIIs0.08%0.01%0.00%0.36%0.08%0.01%0.12%0.08%0.28%0.76%0.81%0.41%
Public25.24%26.38%26.39%26.02%26.31%31.13%31.01%31.07%30.87%30.39%34.37%33.64%
No. of Shareholders5,2898,1959,05610,1189,76410,0239,8929,42611,27910,40515,21015,133

Fundamentals

Market Cap₹ 602 Cr.
Current Price₹ 183
Stock P/E15.0
Book Value₹ 68.2
ROCE20.1 %
ROE17.5 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)39%
Compounded Profit Growth (TTM)136%
Consolidated figures.
Valuation
Market capRs 542 Cr
Enterprise valueRs 610 Cr
P/E (TTM)13.56x
Price to book2.66x
Price to sales2.05x
EV / EBITDA8.37x
EV / EBIT10.09x
EV / sales2.31x
Price to cash flow43.53x
Earnings yield7.37%
P/E, 3-year average24.43x
P/B, 3-year average2.44x
P/E, 5-year average31.70x
P/B, 5-year average3.07x
Profitability
Operating margin (excl. other income)24.15%
Operating margin (incl. other income)26.24%
EBITDA margin27.56%
Pre-tax margin19.78%
Net profit margin15.11%
Net margin, latest quarter15.14%
ROE17.66%
ROCE20.17%
ROA10.86%
ROE, 3-year average11.98%
ROCE, 3-year average14.53%
ROA, 3-year average7.04%
ROE, 5-year average11.02%
ROCE, 5-year average13.53%
ROA, 5-year average6.33%
ROIC (approx.)16.88%
Tax rate24.14%
Other income / net worth2.49%
Growth
Sales growth (latest year)34.79%
Profit growth (latest year)101.03%
Sales CAGR, 3 years25.06%
Sales CAGR, 5 years18.60%
Profit CAGR, 3 years54.42%
Profit CAGR, 5 years26.44%
Sales growth QoQ-20.62%
Profit growth QoQ-28.43%
Sales growth YoY (latest quarter)53.36%
Profit growth YoY (latest quarter)289.17%
Per share
EPS (TTM)Rs 13.40
EPS (latest year)Rs 11.07
EPS (latest quarter)Rs 3.13
EPS, 3-year averageRs 6.51
EPS, 5-year averageRs 5.33
Book value per shareRs 68.23
Sales per shareRs 88.67
Cash flow per shareRs 4.17
Free cash flow per shareRs -9.05
Dividend per share, 3-year averageRs 0.50
Dividend per share, 5-year averageRs 0.50
Dividends
Dividend payout, 3-year average16.93%
Dividend payout, 5-year average15.12%
Efficiency
Asset turnover0.73x
Fixed asset turnover2.54x
Inventory turnover2.75x
Inventory days133 days
Debtor days175 days
Debtors turnover2.09x
Creditor days152 days
Cash conversion cycle175 days
Working capital days116 days
Leverage
Total debtRs 80 Cr
Cash and bankRs 12 Cr
Net debtRs 68 Cr
Debt to equity0.39x
Net debt / EBITDA0.94x
Interest coverage7.38x
Owners' fund to total sources61.28%
Debt to assets24.13%
Cash flow
Cash from Operating Activity (latest year)Rs 12 Cr
Cash from Investing Activity (latest year)Rs -38 Cr
Cash from Financing Activity (latest year)Rs 7 Cr
Net Cash Flow (latest year)Rs -18 Cr
Free cash flow (latest year)Rs -27 Cr
FCFE (approx.: FCF + change in debt)Rs -12 Cr
Cash from ops / profit, 5 years0.94x
Sales to cash flow19.52x
Statement figures
Net sales (TTM)Rs 264 Cr
Net sales (latest year)Rs 243 Cr
Sales (latest quarter)Rs 62 Cr
Operating profit excl. other income (latest year)Rs 59 Cr
Operating profit (latest quarter)Rs 15 Cr
Other income (TTM)Rs 6 Cr
EBITDA (TTM)Rs 73 Cr
PBDT (TTM)Rs 65 Cr
Profit before tax (TTM)Rs 52 Cr
Tax (latest year)Rs 11 Cr
Net profit (TTM)Rs 40 Cr
Net profit (latest year)Rs 33 Cr
Net profit (latest quarter)Rs 9 Cr
Depreciation (TTM)Rs 12 Cr
Depreciation (latest quarter)Rs 3 Cr
Interest (TTM)Rs 8 Cr
Cost of goods sold (latest year)Rs 140 Cr
Total expenditure (latest year)Rs 184 Cr
Total income (latest year)Rs 248 Cr
Share capitalRs 30 Cr
ReservesRs 174 Cr
Shareholders' fundsRs 204 Cr
Total assetsRs 332 Cr
Net blockRs 96 Cr
Capital work in progressRs 20 Cr
InvestmentsRs 9 Cr
ReceivablesRs 117 Cr
InventoryRs 51 Cr
Other liabilitiesRs 48 Cr
Shares outstanding (crore)2.98
Ownership
Promoter holding65.94% (-2.91 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 13.6 is at the 14th percentile of its own 8.8-year range (median 30.5, low 3.5, high 68.8).
P/B 2.66 is at the 39th percentile (median 3.01).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodSOUTHWESTNifty 50Difference
1 week-3.7%-2.8% -1.0 pts
1 month-12.9%-6.8% -6.1 pts
3 months-19.7%-7.6% -12.1 pts
6 months-14.6%+0.4% -15.0 pts
1 year+35.7%-9.9% +45.6 pts
2 years+39.6%-13.6% +53.2 pts
3 years+34.0%+14.2% +19.8 pts
5 years+74.5%+27.9% +46.7 pts

Red flags

F-score 6 of 8
No red flags in the latest statements and filings.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹62 Cr +53.4% vs Jun 2025. Net profit ₹9 Cr +289.2%.
Against our estimate for Jun 2026: sales +30.9%, profit +41.1% beat. Our estimate for Sep 2026: sales Rs 81 Cr, profit Rs 12 Cr (how).

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2024-12-26Extra Ordinary General Meeting
2024-09-20Annual General Meeting/Dividend - Re 0.50 Per Share
2024-02-28Interim Dividend - Rs 0.25 Per Share
2023-09-22Annual General Meeting/Dividend - Re 0.50 Per Share
2022-09-21Annual General Meeting/Dividend - Re 0.50 Per Share
2021-09-21 Annual General Meeting/Dividend - Rs 0.50 Per Share
2020-09-18 Annual General Meeting/Dividend - Rs 0.50 Per Share
2019-09-05 Annual General Meeting/Dividend - Rs 0.50 Per Share
DateTypeWhat it says
2026-09-29UpdatesDisclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ( SEB...
2026-09-29Shareholder meetingShareholders meeting
2026-09-28Shareholder meetingProceedings of 20th Annual General Meeting held on September 28, 2026
2026-09-07UpdatesAnnouncement on vetting of Geological Report by Accredited Agency and submission to Nominated Authority, MOC, Government of India- A Significant Miles...
2026-09-03UpdatesIntimation under Regulation 30 read with Regulation 36(1)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI Lis...
2026-09-03UpdatesSubmission of Annual Report for the Financial Year 2025-26.
2026-09-03Shareholder meetingNotice of Annual General Meeting to be held on September 28, 2026
2026-08-31Concall / analyst meetSchedule of meet
2026-08-28AcquisitionAcquisition
2026-08-13Order winBagging/Receiving of orders/contracts
2026-08-11UpdatesUpdate on receipt of Letter of Award from CMPDI .
2026-07-24Concall / analyst meetTranscript
2026-07-22Concall / analyst meetLink of Recording
2026-07-21Statement of deviation(s) orStatement of deviation(s) or variation(s) under Reg. 32
2026-07-21Investor PresentationInvestor Presentation
2026-07-21Press ReleaseA press release dated July 21, 2026, titled "Q1 FY27 Revenue Grows 53% Q on Q to Rs. 617 Mn & PAT Grows 287% Q on Q to Rs. 93 Mn".
2026-07-20Change in ManagementChange in Management
2026-07-20Board meeting outcomeOutcome of Board Meeting held on July 20, 2026.
2026-07-20Board meeting outcomeSouth West Pinnacle Exploration Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-07-17Concall / analyst meetSchedule of meet
2026-07-11Credit RatingCredit Rating
2026-07-10Board meeting outcomeOutcome of Board Meeting held on July 10, 2026.
2026-07-07Press ReleaseA press release dated July 07, 2026, titled "Extension of CBM Production Contract fromReliance Industries Limited valuingover Rs. 166.82 Crore".
2026-07-07Order winBagging/Receiving of orders/contracts
2026-07-06UpdatesUpdate on receipt of Letter of Award from CMPDI .
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of South West Pinnacle Exploration Ltd?

South West Pinnacle Exploration Ltd (SOUTHWEST) has a market capitalisation of Rs 602 Cr. at the 2026-10-01 close.

What is the P/E ratio of South West Pinnacle Exploration Ltd?

South West Pinnacle Exploration Ltd trades at a P/E of 15.0 on trailing twelve-month profit, at the 2026-10-01 close.

What were South West Pinnacle Exploration Ltd's latest quarterly results?

In the Jun 2026 quarter, South West Pinnacle Exploration Ltd sales was Rs 62 Cr (+53.4% vs Jun 2025) and net profit was Rs 9 Cr.

What is the 52-week high and low of South West Pinnacle Exploration Ltd?

The 52-week high is Rs 275.00 and the 52-week low is Rs 121.00.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03