South West Pinnacle Exploration Limited achieved a record annual revenue of ₹243 crore for FY 2025-26, marking a 34.8% year-on-year increase, as reported in an investor presentation submitted to the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) on May 5, 2026. Despite these strong financial results, the company’s stock was trading at ₹234.31 on the NSE by 12:32 PM, reflecting a decline of 6.78% from the previous close of ₹251.36.
The Gurgaon-based mineral and energy exploration firm also reported its highest-ever Profit After Tax at ₹33 crore for FY26, which more than doubled from ₹16.4 crore in FY25. EBITDA margins saw a substantial increase, rising to 23.99% from 18.64% the prior year. Diluted earnings per share climbed to ₹10.82, up from ₹5.83. Furthermore, the Return on Capital Employed improved significantly from 16% to 23%.
As of March 31, 2026, the company’s order book amounted to ₹581.2 crore, an increase from ₹328.7 crore a year earlier, with 73% of orders sourced from private sector clients. The company is currently managing 19 active projects in various segments, including mineral surveys, aquifer mapping, coal bed methane production, and seismic exploration.
Notable operational developments over the year include securing the largest single order in the company’s history—over ₹307 crore from a subsidiary of Hindustan Zinc Limited for core drilling. Additionally, South West Pinnacle Exploration was designated as an accredited prospecting agency by India’s Ministry of Coal and initiated underground drilling operations, expanding its activities across six exploration domains in eight states.
On the international front, the company launched its first joint venture in Oman with Alara Resources, working on an 11-year copper mining contract worth USD 125 million. Another joint venture was awarded Mining Block 22-B in January 2025, which encompasses copper, gold, silver, and chromite reserves.
Despite posting record results, the stock’s performance on Tuesday dropped significantly below its 52-week high of ₹264, reached on April 20, 2026. The stock has delivered a return of 89.19% over the past year, contrasting with a 2.11% decline in the Nifty 50 index.
Published on May 5, 2026.
