South West Pinnacle Exploration Ltd Share Price – NSE  / BSE

Mining & Mineral products, Small Cap

Following the award of this contract, the company?s order book has increased to about Rs 700 crore, providing visibility for medium- to long-term growth.

SWPE has successfully completed multiple projects for this group in the past and is currently working for them in two more projects in the state of Maharashtra & Chhattisgarh. This reinforces company?s ability to gain client?s faith and confidence to deliver as per their requirement.

Vikas Jain, chairman & managing director (MD) said, ?I am pleased to share the heartening news about signing long term contract with Hind Metal Exploration, a wholly owned subsidiary of Hindustan Zinc valuing over Rs 307 crore for imparting Exploration services in the state of Rajasthan. This is the single largest contract in the history of the company which will significantly enhance the revenue of the company, paving way to catch up the faster growth trajectory.? Jain further emphasized that We value our partnership and look forward to strengthening it further by successfully completing this project. ?

Piyush Jain, the Jt. managing director (MD), while expressing his happiness on the development reposed his confidence for timely execution of the contract based on his past experience and added that ?it will prove a corner stone in company?s growth?. He further added that ?the contract shall start generating additional revenue from first quarter of FY 27 itself ?. He thanked the entire team of SWPE for their dedication and hard work, and also the client for their support in accomplishing Company?s goals.

SWPEL is an integrated service provider, providing end-to-end drilling & exploration of natural resources, viz., coal, ferrous, non-ferrous & atomic minerals, conventional & non-conventional oil & gas, and groundwater investigation.

The company?s consolidated net profit surged 121.6% to Rs 9.22 crore on a 29.1% increase in net sales to Rs 62.67 crore in Q3 FY26 over Q3 FY25.

Powered by Capital Market - Live News

The contract is slated for execution over four years post-mobilization, with key terms including mobilization of machines, manpower, and resources within 45 days; construction of the approach road by SWPE; and adherence to safety, labor, environmental, and mining engineering standards, while statutory and environmental clearances will be arranged by HMESPL.

SWPEL is an integrated service provider, providing end-to-end drilling & exploration of natural resources, viz., coal, ferrous, non-ferrous & atomic minerals, conventional & non-conventional oil & gas, and groundwater investigation.

The company?s consolidated net profit surged 121.6% to Rs 9.22 crore on a 29.1% increase in net sales to Rs 62.67 crore in Q3 FY26 over Q3 FY25.

Shares of South West Pinnacle Exploration rose 0.14% to end at Rs 183.30 on the BSE on Friday.

Powered by Capital Market - Live News

South West Pinnacle Exploration (SWPE) has signed an exploration services contract with M/s Hind Metal Exploration Services, a wholly owned Subsidiary of Hindustan Zinc. This is the largest ever single order bagged by the company for imparting exploration services in the state of Rajasthan. It is a long duration contact to be executed over a period of four years after mobilisation.

The aggregate value of contract including GST is Rs 307 crore. The contract is expected to start fetching sizable additional revenue in first quarter of FY 2026-27 itself after completion of mobilisation of Rigs and other resources in next 45 days.

Powered by Capital Market - Live News

Net profit of South West Pinnacle Exploration rose 121.63% to Rs 9.22 crore in the quarter ended December 2025 as against Rs 4.16 crore during the previous quarter ended December 2024. Sales rose 29.11% to Rs 62.67 crore in the quarter ended December 2025 as against Rs 48.54 crore during the previous quarter ended December 2024.

Powered by Capital Market - Live News