South West Pinnacle Exploration Limited has informed the Exchange about Transcript
SOUTHWEST · price
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South West Pinnacle Exploration reported its best-ever annual performance for FY26 with revenue of INR 243 crores (up 35% YoY) and PAT of INR 33 crores (up 101% YoY). Q4 FY26 revenue stood at INR 78 crores with EBITDA margin of 26.25%. The company secured its largest ever single order worth over INR 300 crores from Hindustan Zinc Limited (4-year contract). Order book increased from INR 321 crores to INR 580-581 crores. Management guided for approximately 20% revenue growth YoY with substantial increase in profitability. The company has 40 rigs currently and 4 more arriving in 3-6 months. Its Jharkhand coal block will require INR 400 crores CAPEX in two phases, with Phase 1 funding through internal accruals and bank guarantees. International operations in Oman through two JVs are progressing well.
Strong operational performance with near-doubling of PAT signals execution strength. Management's 20% revenue growth guidance with disproportionate profitability increase suggests continued margin expansion. The large HZL order and growing order book provide revenue visibility. However, investors should monitor the INR 400 crore coal block CAPEX which will be funded over multiple years.