South West Pinnacle Exploration reports 35% revenue growth in FY26 to Rs 2430 million

Arunika Jain — Tue, 05 May 2026 02:55:50 +0000

South West Pinnacle Exploration Limited (SWPEL) has announced a significant financial performance for the fiscal year 2025-26, with revenue growing by 35% year-on-year to ₹2,430 million. The company also reported a substantial increase in profit after tax (PAT), which rose by 101% year-on-year to ₹330 million.

The company’s income from operations for the fourth quarter of FY26 stood at ₹777 million, up from ₹738 million in the same quarter the previous year. Earnings before interest, taxes, depreciation, and amortisation (EBITDA) for the year increased to ₹583 million from ₹336 million in FY25, with the EBITDA margin improving to 23.99% from 18.64%.

South West Pinnacle achieved its highest-ever revenue and profit before tax (PBT) and PAT, with the latter seeing a year-on-year growth of 103% and 101% respectively. The fourth quarter results mirrored this success, with PBT and PAT growth of 33% and 41% respectively.

The company secured its largest single order, valued at over ₹307 crore, from a prestigious client. It has also been recognised as an accredited prospecting agency by the Ministry of Coal, Government of India, for coal and lignite exploration. Operations were conducted across eight states, maintaining a perfect safety record with zero injuries.

Strategic investments were made in an Australian-listed company with interests in Oman and the Middle East. Exploration activities at the company’s coal block in Jharkhand are ongoing, and the order book has reached a new height of ₹581 crore, ensuring smooth operations even during the monsoon season.

Mr. Vikas Jain, Chairman and Managing Director, expressed pride in the company’s performance, highlighting the robust order book and the company’s strategic positioning in the mineral exploration sector. He noted the company’s role in supporting India’s self-reliance in critical minerals, aligning with government policy reforms and exploration initiatives.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

South West Pinnacle Exploration receives accreditation to begin development of Jogeshwar coal blocks

Aman Shukla — Mon, 01 Dec 2025 02:27:43 +0000

South West Pinnacle Exploration Limited has reached an important milestone with the Government of India officially notifying the company as an accredited prospecting agency under the Mines and Mineral (Development and Regulation) Act, 1957. The notification, issued by the Ministry of Coal and published in the Gazette of India on 26 November 2005, now enables the company to take up full-scale prospecting and exploration activities for coal and lignite.

With this accreditation in place, SWPE can finally begin detailed exploration, geological report preparation and approval, along with mining plan formulation and approvals for the Jogeshwar and Khas Jogeshwar coal blocks in Jharkhand. These blocks, which are partially explored, were allocated earlier by the Ministry of Coal, and had been awaiting an officially recognised exploration agency before any meaningful progress could be made.

The move by the Ministry is being seen as a strong and forward-looking step, as it clears the way for early-stage development of these coal blocks. By allowing accredited agencies like SWPE to begin work without delay, the government aims to fast-track exploration timelines, reduce administrative bottlenecks, and enable quicker commencement of coal mining operations. This is expected to have long-term benefits for the sector, particularly at a time when timely coal production remains crucial for India’s energy security.

South West Pinnacle Exploration | Business Upturn

South West Pinnacle Exploration reports 35% revenue growth in FY26 to Rs 2430 million

South West Pinnacle Exploration receives accreditation to begin development of Jogeshwar coal blocks