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NSE:SOUTHWEST

SOUTH WEST PINNACLE LTD

Services › Commercial Services & Supplies
₹187.00
at close · 8 Oct 2026
▼ 6.89 (-3.55%)

Latest filings

  1. Listing approval for 28.21 lakh shares from warrant conversion · Capital Market Events
  2. Shareholders approve re-appointment of 5 directors at AGM · Compliance
  3. South West Pinnacle: AGM voting results, all 7 resolutions passed · Board & Shareholder Meetings
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Provides drilling and exploration services for the mining, coal, coal-bed methane, and base-metals sectors in India and select overseas markets, including Oman JVs. The company runs a fleet of 43 advanced drilling rigs and has completed more than 165 projects, cumulatively drilling 3.3 million meters with zero lost-time injuries. Drilling & Exploration is the only segment generating revenue in FY26 at ₹243.02 crore (100% of segment revenue); a Coal Business segment exists but reported ₹0 in FY26, though the company is developing a Jharkhand coal block with production targeted for FY29. Customers include Reliance Industries, Vedanta, ONGC, Oil India, CMPDI, Hindustan Copper, Hindalco and Hindustan Zinc, with Reliance expected at 35-40% of FY27 revenue. The order book reached a record ₹761 crore at Q1 FY27, with 77% from private-sector clients. Costs are dominated by other operating expenses (46.2% of revenue), with materials at 15.1% and employee costs at 14.7%; capex ran at 17.5% of revenue.

Revenue mix · reported segments
Drilling & Exploration100.0%
Coal Business0.0%
Operating scale
Drilling fleet
43 advanced rigsQ1 FY27
Cumulative meters drilled
3.3 million meters, zero lost-time injuriesQ1 FY27
Projects executed
165+ projects across India and select international marketsQ1 FY27
Order book
₹761 croreQ1 FY27
Ongoing projects
19 projectsFY26
Largest single order
₹307 crore from Hindustan Zinc (4-year contract, Rajasthan)Q1 FY27
Who pays it
Reliance Industries, Vedanta, ONGC, Oil India, CMPDI, Hindustan Copper, Hindalco, Hindustan Zinc, CGWB
Biggest cost
Other operating expenses (rig mobilisation, fuel, logistics) at 46.2% of revenue
Kind of business
Asset-heavy, project-based contract drilling services tied to mining and exploration capex cycles
Where it sits
19-year-old Indian drilling contractor with 43-rig fleet and growing private-sector order mix (77% of order book)
Market Cap
₹558 Cr
P / E (TTM)
14.0×
EV / EBITDA
8.8×
Div Yield
—
Growth
—·
Revenue 5y CAGR
PAT — · EBITDA —
Quality
22.3%▲
ROCE (FY26)
ROE 16.2% · margin 25.5%
Leverage
0.39·
Debt / Equity · low
Net debt ₹77 Cr
Revenue FY23→FY26
2.0×▲
Margin +6.4 pts
₹124 Cr → ₹243 Cr
Cash conversion
0.90×·
Operating cash ÷ profit · 4 yrs
₹61 Cr on ₹68 Cr
Moves on a normal day
2.06%·
Median daily move
Last 268 sessions · the yardstick for filing-day moves
Where it sits among 127 Diversified Commercial Services peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#42/80
P/B#68/96
ROCE#8/103
ROE#16/113
Debt / Equity#68/91
EBITDA margin#44/92
Revenue growth#23/91
Profit growth#17/110

Scorecard

Measured from the filed financials, judged against its Diversified Commercial Services peers · as of FY26 — not investment advice

Strengths
Returns on capital 22.3%
#8 of 103 in Diversified Commercial Services on the latest reported figures · up from 12.8% in FY23
Concerns
Heavy working capital — 217 days of cash tied up

Charts

How has the market priced it — with filings on the timeline?

SOUTHWEST · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from SOUTH WEST PINNACLE LTD's filed financials and exchange disclosures

What does SOUTH WEST PINNACLE LTD do?

SOUTH WEST PINNACLE LTD is a Commercial Services & Supplies company listed on NSE and BSE, trading under the symbol SOUTHWEST.

Is SOUTH WEST PINNACLE LTD profitable?

Yes. Over the trailing twelve months SOUTH WEST PINNACLE LTD reported a net profit of ₹40 Cr on revenue of ₹264 Cr.

Does SOUTH WEST PINNACLE LTD pay a dividend?

Not in the latest reported year — SOUTH WEST PINNACLE LTD's dividend payout for FY26 was nil.

Is SOUTH WEST PINNACLE LTD debt-free?

No. It reported borrowings of ₹79 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹77 Cr after cash. Debt stands at 0.39× equity. That is higher than 74% of its 91 Diversified Commercial Services peers.

Is SOUTH WEST PINNACLE LTD expensive compared with its peers?

On trailing P/E, SOUTH WEST PINNACLE LTD ranks 42 of 80 in Diversified Commercial Services — cheaper than 48% of them, against an industry median of 13.5×. This is a position, not a valuation judgement.

How much does the SOUTH WEST PINNACLE LTD share price move in a day?

On a typical session SOUTH WEST PINNACLE LTD moves 2.06% — that is the median absolute close-to-close move across its last 268 trading days. MarketPing measures each filing's price reaction against it.

Where can I track SOUTH WEST PINNACLE LTD's announcements?

Every NSE and BSE filing by SOUTH WEST PINNACLE LTD appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.