South West Pinnacle Exploration Ltd

Q4 FY24Commercial Services & Supplies

South West Pinnacle Exploration Ltd Q4 FY24 Results & Presentation Highlights: Revenue, Margins & Order Book

Q4 FY24 investor presentation: what the company reported on revenue, margins and projects.

Price₹189

Market cap₹640 Cr

P/E16.0

Updated24 Sept 2026

Read4 min read

Based on South West Pinnacle Exploration Ltd's Q4 FY24 investor presentation. The company has not published an earnings-call transcript for this quarter, so figures here are what the presentation reports, not management guidance.

The short version

Q3 FY24 Total Revenue: Rs. Quarterly Financials (Q3 FY24 vs Q3 FY23): - EBITDA: Rs.

From South West Pinnacle Exploration Ltd's Q4 FY24 earnings-call transcript · updated 24 Sept 2026.

Revenue & Sales Performance

Q3 FY24 Total Revenue: Rs. 42.15 crore
Q3 FY23 Total Revenue: Rs. 35.28 crore
Year-on-Year Revenue Growth: 19.47%
Q2 FY24 Total Revenue: Rs. 23.27 crore
The presentation expects core exploration service business growth at ~20-25% per annum over near to medium term (Page 30).
Growth in core exploration service business projected at +15% from Rs. 106 crore in 2021 to estimated Rs. 122 crore in 2026 (Page 31).

2 more points management made on revenue & sales performance

Profitability & Margins

Quarterly Financials (Q3 FY24 vs Q3 FY23):
EBITDA: Rs. 9.43 Cr, up 134% YoY (from Rs. 4.03 Cr)
EBITDA Margin: 22.37%, up from 11.42% YoY
Profit After Tax (PAT): Rs. 4.20 Cr, up 236.8% YoY (from Rs. 1.25 Cr)
PAT Margin: 9.98%, up from 3.55% YoY
Explicit Margin Outlook:
EBITDA margins expected in the range of 20% - 22% (core exploration business)

2 more points management made on profitability & margins

See what South West Pinnacle Exploration Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

Coal mine development activities have started, with plans to begin coal production by FY 2026-27.
Total capex for coal production commencement is estimated at ~Rs. 240 crores, which includes upfront fees, land acquisition, equipment, and infrastructure.
Rs. 72 crores of the capex (upfront fees) is adjustable against future government payments, reducing effective capex to Rs. 168 crores.
Coal production revenues expected to start from FY 2026-27, with approximate revenues of Rs. 700-800 crores anticipated for FY 2027-29.
Capex to be funded through a mix of debt, internal accruals, and receipts against off-take agreements initially, shifting to internal accruals post production start.

2 more points management made on capital expenditure plans

Top-ranked in Commercial Services & Supplies

Ranked on what management guided this quarter

5x potential

1Bluspring Enter.₹1.8K Cr

Rev 1Mar 1

2Anlon Tech₹558 Cr

Rev 1Mar 3

3₹99 Cr

Rev 1Mar 3

4₹3.8K Cr

Rev 2Mar 1

5₹904 Cr

Rev 2Mar 2

Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

The presentation mentions a gradual capex over 5-7 years mainly financed by a mix of internal accruals and debt (Page 30).
Near-term capex of Rs. 35-40 crore for rigs and equipment is expected to be funded by a mix of debt and internal accruals (Page 23).
The consolidated balance sheet shows an increase in short-term borrowings from Rs. 35.35 Cr in Mar-22 to Rs. 48.56 Cr in Mar-23, indicating a change in borrowings (Page 27).

2 more points management made on fundraising & capital structure

See what South West Pinnacle Exploration Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

The investor presentation does not provide specific figures or detailed data on order book, order inflow, or pending orders. However, it mentions the following relevant points: - On page 10 (Key Strengths), the company highlights having a "Robust Order Book." - There is an emphasis on the company being the preferred choice for exploration service contracts, implying a healthy inflow of orders. - No explicit numbers or values for order book or pending orders are disclosed in the presentation. Thus, the presentation asserts a strong order book qualitatively but does not provide quantitative order inflow or pending order details.

South West Pinnacle Exploration Ltd — Quarterly revenue & net profit

Revenue Net profit

Dec 2024

Mar 2025

Jun 2025

Sep 2025

Dec 2025

Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹78 Cr, net profit ₹11 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

What South West Pinnacle Exploration Ltd's management said in earlier quarters

Others in Commercial Services & Supplies this season

Creative Newtech Ltd (Q4 FY24)
170 crores to Rs. Key concall takeaways from Creative Newtech Ltd's Q4 FY24 earnings call — and how it ranks against sector peers.

Compare:vs Redington vs Firstsour.Solu.vs eClerx Services Ltd

🔎 Who's planning the most growth?

Companies ranked by management's own guidance — revenue, margins, capex and order book, from every earnings call in India.

See rankings →

Frequently Asked Questions

What were South West Pinnacle Exploration Ltd Q4 FY24 results?

Q3 FY24 Total Revenue: Rs. Quarterly Financials (Q3 FY24 vs Q3 FY23): - EBITDA: Rs.

What is South West Pinnacle Exploration Ltd share price analysis?

South West Pinnacle Exploration Ltd currently shows a neutral. The stock trades at a P/E of 16.0 with a market cap of ₹640 Cr. Investors should review the full earnings analysis for detailed insights.

Is South West Pinnacle Exploration Ltd planning capital expenditure?

Coal mine development activities have started, with plans to begin coal production by FY 2026-27.

Keep South West Pinnacle Exploration Ltd on your radar — track it to get its next earnings analysis in your feed.

This analysis is AI-generated based on publicly available earnings data and the company's investor presentation. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.