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Last Updated on: 24 February, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of South West Pinnacle Exploration Ltd

About the Company - South West Pinnacle Exploration Ltd

South West Pinnacle Exploration Ltd. is a Public Limited Listed company incorporated on 27/11/2006 and has its registered office in the State of Haryana, India. Company’s Corporate Identification Number(CIN) is L13203HR2006PLC049480 and registration number is 049480. Currently company belongs to the Industry of Oil Drilling And Exploration. Company’s Total Operating Revenue is Rs. 117.86 Cr. and Equity Capital is Rs. 27.90 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Mining/MineralsGround Floor, Plot No.15, Gurgaon Haryana 122003secretarial@southwestpinnacle.com
http://www.southwestpinnacle.com
Management
NamePosition Held
Mr. Vikas JainChairman & Managing Director
Mr. Piyush JainJoint Managing Director
Mr. Roger James LordNon Executive Director
Mrs. Sudha MaheshwariInd. Non-Executive Director
Mr. Jitendra Kumar MishraInd. Non-Executive Director
Mr. Rajendra Prasad RitoliaInd. Non-Executive Director
Mrs. Meenakshi AnandInd. Non-Executive Director
Mrs. Shivi SabharwalInd. Non-Executive Director

South West Pinnacle Exploration Ltd. Share Price Update

Share PriceValue
Today₹150.10
Previous Day₹154.30

Basic Stock Data of South West Pinnacle Exploration Ltd

Market Cap 423 Cr.
Current Price 152
High / Low192/92.0
Stock P/E51.8
Book Value 42.5
Dividend Yield0.32 %
ROCE9.96 %
ROE7.32 %
Face Value 10.0

Data Source: screener.in

Competitors of South West Pinnacle Exploration Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Selan Explorations Technology Ltd 789 Cr. 519592/22930.6 2460.00 %11.7 %8.96 % 10.0
Oil India Ltd 64,620 Cr. 596630/2389.26 3703.29 %25.4 %25.2 % 10.0
Oil & Natural Gas Corpn Ltd (ONGC) 3,42,435 Cr. 272281/1467.47 2464.13 %13.9 %14.1 % 5.00
Galaxy Surfactants Ltd 8,777 Cr. 2,4752,989/2,21827.9 5720.89 %23.6 %22.1 % 10.0
Aban Offshore Ltd 462 Cr. 79.093.5/31.2 3,9520.00 %%% 2.00
Industry Average265.2 Cr293.615.05287.41.66%14.92%14.07%7.4

South West Pinnacle Exploration Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales24.5328.2334.9623.9227.9530.8935.1025.8324.8535.2838.0022.9023.27
Expenses17.5720.9129.7719.5421.6725.2125.7321.1120.9131.2430.7319.5319.32
Operating Profit6.967.325.194.386.285.689.374.723.944.047.273.373.95
OPM %28.37%25.93%14.85%18.31%22.47%18.39%26.70%18.27%15.86%11.45%19.13%14.72%16.97%
Other Income0.430.431.620.460.881.170.280.492.031.120.500.520.88
Interest1.221.221.381.131.161.151.381.091.361.751.701.841.77
Depreciation1.831.841.821.681.721.722.131.611.781.921.861.671.75
Profit before tax4.344.693.612.034.283.986.142.512.831.494.210.381.31
Tax %16.59%25.80%25.76%24.14%25.93%23.12%28.34%27.09%25.09%30.87%20.67%26.32%25.95%
Net Profit3.623.482.671.543.163.064.401.842.131.023.330.280.97
EPS in Rs1.301.250.960.551.131.101.580.660.760.371.190.100.35

South West Pinnacle Exploration Ltd Quarterly Chart

South West Pinnacle Exploration Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales473652638572768384102118124119
Expenses3428375065525264677992104101
Operating Profit1281414192024191723262019
OPM %26%23%28%21%23%27%31%23%20%23%22%16%16%
Other Income0300013523343
Interest3456856455567
Depreciation3564577667777
Profit before tax624469141481416117
Tax %38%84%27%34%34%34%34%23%28%23%26%25%
Net Profit4033469116111286
EPS in Rs4.400.323.033.134.156.143.243.821.993.774.362.982.01
Dividend Payout %0%0%0%0%0%0%0%7%25%13%11%17%

South West Pinnacle Exploration Ltd Profit & Loss Yearly Chart

South West Pinnacle Exploration Ltd Growth

Compounded Sales Growth
10 Years:13%
5 Years:10%
3 Years:14%
TTM:4%
Compounded Profit Growth
10 Years:48%
5 Years:-1%
3 Years:15%
TTM:-13%
Stock Price CAGR
10 Years:%
5 Years:49%
3 Years:46%
1 Year:30%
Return on Equity
10 Years:12%
5 Years:10%
3 Years:10%
Last Year:7%

South West Pinnacle Exploration Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital44455514142828282828
Reserves67915192457685970829091
Borrowings26404846466243335147516595
Other Liabilities6171313131720203035351920
Total Liabilities4368747983108134135168179196202233
Fixed Assets25413635356256436258565967
CWIP00000000004827
Investments0000411333333
Other Assets1827384444457789102117132132136
Total Assets4368747983108134135168179196202233

South West Pinnacle Exploration Ltd Reserves and Borrowings Chart

South West Pinnacle Exploration Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 0111826-17913161012
Cash from Investing Activity 0-4-13-31210-29-7-6-14
Cash from Financing Activity 0-8-6715-1513-9-17
Net Cash Flow0-0-0203-3-026

South West Pinnacle Exploration Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days53108107816971188205242215203161
Inventory Days576
Days Payable131
Cash Conversion Cycle53108107816971188205242215203606
Working Capital Days907013914368100257263252274264296
ROCE %26%12%16%15%21%17%19%15%10%13%14%10%

South West Pinnacle Exploration Ltd Financial Efficiency Indicators Chart

South West Pinnacle Exploration Ltd Share Holding Pattern

MonthSep 2023Dec 2023
Promoters74.68%74.68%
FIIs0.07%0.08%
Public25.25%25.24%
No. of Shareholders3,0435,289

South West Pinnacle Exploration Ltd Shareholding Pattern Chart

No. of South West Pinnacle Exploration Ltd Shareholders

This stock is not held by any mutual fund

South West Pinnacle Exploration Ltd ROCE Trend

South West Pinnacle Exploration Ltd EPS Trend

South West Pinnacle Exploration Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)3.213.913.661.173.62
Diluted EPS (Rs.)3.213.913.661.173.62
Cash EPS (Rs.)5.646.666.393.7611.40
Book Value[Excl.RevalReserv]/Share (Rs.)40.7637.6133.7530.0857.93
Book Value[Incl.RevalReserv]/Share (Rs.)40.7637.6133.7530.0857.93
Revenue From Operations / Share (Rs.)44.5342.2437.1230.7560.95
PBDIT / Share (Rs.)8.739.919.446.3716.82
PBIT / Share (Rs.)6.177.236.643.9012.16
PBT / Share (Rs.)4.055.464.732.088.99
Net Profit / Share (Rs.)3.073.983.601.306.75
NP After MI And SOA / Share (Rs.)3.213.913.661.177.24
PBDIT Margin (%)19.6123.4525.4320.7027.59
PBIT Margin (%)13.8417.1117.9012.7019.95
PBT Margin (%)9.1012.9312.756.7614.75
Net Profit Margin (%)6.909.419.694.2211.06
NP After MI And SOA Margin (%)7.219.269.863.8111.87
Return on Networth / Equity (%)7.8810.4010.853.9012.45
Return on Capital Employeed (%)12.8016.0816.9210.7318.46
Return On Assets (%)4.535.775.721.927.13
Long Term Debt / Equity (X)0.120.120.110.150.07
Total Debt / Equity (X)0.540.460.360.490.40
Asset Turnover Ratio (%)0.640.630.580.540.59
Current Ratio (X)1.881.841.581.431.80
Quick Ratio (X)1.221.291.110.981.25
Inventory Turnover Ratio (X)0.730.610.530.430.73
Dividend Payout Ratio (NP) (%)3.933.233.4512.310.00
Dividend Payout Ratio (CP) (%)2.181.921.963.970.00
Earning Retention Ratio (%)96.0796.7796.5587.690.00
Cash Earning Retention Ratio (%)97.8298.0898.0496.030.00
Interest Coverage Ratio (X)4.135.604.943.495.39
Interest Coverage Ratio (Post Tax) (X)2.463.252.881.713.18
Enterprise Value (Cr.)366.25592.35176.6470.3396.58
EV / Net Operating Revenue (X)2.955.031.710.811.14
EV / EBITDA (X)15.0321.426.713.964.12
MarketCap / Net Operating Revenue (X)2.514.681.440.380.83
Retention Ratios (%)96.0696.7696.5487.680.00
Price / BV (X)2.745.251.580.390.87
Price / Net Operating Revenue (X)2.514.681.440.380.83
EarningsYield0.020.010.060.090.14

South West Pinnacle Exploration Ltd Profitability Ratios (%)

South West Pinnacle Exploration Ltd Liquidity Ratios

South West Pinnacle Exploration Ltd Liquidity Ratios (%)

South West Pinnacle Exploration Ltd Interest Coverage Ratios (X)

South West Pinnacle Exploration Ltd Valuation Ratios

Fair Value / Intrinsic Value of South West Pinnacle Exploration Ltd

Fair Value: ₹161.67

The stock is undervalued by 6.36% compared to the current price ₹152

*Investments are subject to market risks

Strength and Weakness of South West Pinnacle Exploration Ltd

StrengthWeakness
  1. The stock has a high average ROCE of 15.67%, which is a positive sign.
  2. The company has shown consistent growth in sales (81.62 cr) and profit (8.85 cr) over the years.
  1. The stock is trading at a high valuation with an average P/B ratio of 7.22 and average Dividend Yield of 16.30%.
  2. The stock has a high average Working Capital Days of 184.67, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 179.00, which may not be favorable.
  4. The company has higher borrowings (50.23) compared to reserves (45.92), which may suggest financial risk.

Should I Buy South West Pinnacle Exploration Ltd Share Now?

  • Considering various financial indicators, investors might exercise caution regarding investment in South West Pinnacle Exploration Ltd:
    1. Net Profit Margin: 6.90%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 12.80% (Industry Average ROCE: 14.76%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. Interest Coverage Ratio (Post Tax): 2.46
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    4. Quick Ratio: 1.22
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    5. ✗ Stock P/E: 51.8 (Industry average Stock P/E: 17.73)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    6. ✓ Total Debt / Equity: 0.54
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis suggests exercising caution. It's advisable to conduct further research or consult with financial experts before considering any investment.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in South West Pinnacle Exploration Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE