TickerSutra

NSE: SOUTHWEST · BSE: 543986 · ISIN INE980Y01015

South West Pinnacle Exploration Limited stock analysis

South West Pinnacle Exploration Limited ranks #437 in the TickerSutra evidence-ranked universe with a score of 65/100 and 95% data confidence. The latest captured fundamentals show ROCE of 20.0%, quarterly sales growth of 53.4% and quarterly profit growth of 289.2%.
Complete evidence gate pass governance reviewUpdated 29 Sept 2026
TICKERSUTRA SCORE65/100

Watchlist candidate

#437 of 5,430 ranked equities
Market capitalisation₹756cr
ROCE20.0%
Quarterly sales growth53.4%
Quarterly profit growth289.2%
P/E ratio18.9×
Promoter pledge0.0%

INVESTMENT EVIDENCE

What supports—and challenges—the thesis

Evidence in favour

  • ROCE is 20%
  • 25.1% three-year sales CAGR
  • No promoter shares are reported as pledged

Risks and constraints

  • CFO/EBITDA is below 0.6×
  • Extreme base-effect growth requires manual validation

Still unresolved: Related-party exposure · Broad media sentiment

FINANCIAL TRAJECTORY

Recent operating history

PeriodRevenueOperating profitNet profitOperating margin
2022₹118cr₹25cr₹11cr21.0%
2023₹124cr₹20cr₹9cr16.0%
2024₹133cr₹25cr₹8cr19.0%
2025₹180cr₹34cr₹16cr19.0%
2026₹243cr₹58cr₹33cr24.0%
TTM₹264cr₹67cr₹40cr25.0%
Debt / equity0.39×
CFO / EBITDA0.21×
Operating margin25.0%
Free cash flow₹-33cr
Sales CAGR · 3Y25.1%
Profit CAGR · 3Y54.2%

EXCHANGE EVENT TRIGGERS

Latest corporate disclosures

0 positive catalysts0 negative catalysts4 routine filings

MANAGEMENT COMMENTARY

Signals from filed documents

Operating leverageHigh severity · 2 mentions
Positive catalyst

Ÿ Net Profit After Tax (PAT): Grew by 101% YoY to INR 330 Million (up from INR 164 Million in FY25), yielding an improved consolidated PAT Margin of 13.58%. This strong profitability was achieved through proactive corporate expense management combined with improved operating leverage across our expanded revenue base. The following audited performance metrics demonstrate the underlying financial strength and balance s

Margin expansionHigh severity · 3 mentions
Positive catalyst

Trade Payable Turnover Ratio:- Better cash flows due to better margins have led to reduction in Trade Payables which in turn has improved the ratio. Net Profit Ratio:- Significantly high revenue has led to higher margin/contribution resulting in improved Net Profit Ratio. Return on Capital employed:- The profits have improved significantly without corresponding increase in capital employed resulting in improved ratio

Management confidenceHigh severity · 3 mentions
Constructive

To strengthen our long-term international growth strategy, we have made strategic investment in an Australian publicly listed minerals exploration and development company having primary interests in Oman and other Middle East regions. All in all, our all three verticals of our business are going on well and smoothly and with increased impetus of the Government on exploration and energy security, we expect to be on an

Capacity commissioningHigh severity · 1 mention
Positive catalyst

To optimize the mining sector's contribution to national GDP, the central policy focus has shifted toward fast-tracking early-stage prospecting. This strategy aims to bring hundreds of newly discovered mineral blocks into active commercial production, expanding the order pipelines for integrated exploration companies. Detailed geological exploration is a vital strategic necessity for India's economic resilience.

Regulatory updatesModerate severity · 22 mentions
Constructive

The Government of India has recognized that reducing high import dependencies on energy and critical minerals is essential to sustaining long-term macroeconomic stability. This has triggered a complete transformation in the domestic resource sector, supported by major regulatory adjustments, fast-tracked clearances, and an active push to mobilize private corporate capital into early-stage geological exploration and c

Export market updatesModerate severity · 2 mentions
Constructive

Its marquee clientele including Reliance industries, Vedanta, Oil India, Hindustan copper Ltd. Central Mine Planning and Design Institute Ltd., Central Ground Water Board and Hindalco, with operations spanning both domestic and select international markets. Further, the Company has been empaneled by Oil India Limited for providing 2D/3D Seismic Data Acquisition Services across OIL's onshore acreages in India.

Capacity expansion plansModerate severity · 3 mentions
Positive catalyst

Ÿ  Copper is increasingly viewed as the "new oil of electrification." Governments and mining companies are accelerating exploration and mine development, but the long lead times mean new supply will take years to materialize. For exploration and drilling companies, this creates significant opportunities because: Ÿ  More greenfield and brownfield exploration will be required. Ÿ  Existing mines need resource expansi

Pricing pressureModerate severity · 2 mentions
Negative warning

Ÿ Strategic Resource Assets: Direct ownership of our commercial Jharkhand coal block and Ÿ Growing presence in Oman via two active JVs. Ÿ Competitive Bidding Framework: Operating within a tender-based procurement system can create pricing pressures during competitive bidding rounds. Ÿ Dependency on Statutory Clearances: Project execution timelines can be affected by standard timelines for obtaining forest, environmen

Regulatory approvalLow severity · 19 mentions
Watch

SWPE continues to integrate sustainability into its operations and decision-making to create long-term value for its stakeholders and contribute positively to society and the environment. In compliance with Regulation 34 of the SEBI (LODR) Regulations, 2015, the separate section on Management Discussion and Analysis, as approved by the Board of Directors, which includes details on the state of affairs of the Company,

Institutional interestLow severity · 2 mentions
Watch

The facility of participation at the AGM through VC/OAVM will be made available for 1000 members on first come first served basis. This will not include large Shareholders (Shareholders holding 2% or more shareholding), Promoters, Institutional Investors, Directors, Key Managerial Personnel, the Chairpersons of the Audit Committee, Nomination and Remuneration Committee and Stakeholders Relationship Committee, Auditor

HOW TO READ THIS PAGE

Evidence, freshness and limitations

What does the TickerSutra score mean?

The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.

Which sources support this page?

Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.

Why can an item be unresolved?

Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.

Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer

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