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SOUTHWEST · Q1 FY27 · investor call

SOUTHWEST

Southwest Pinnacle Exploration Ltd reported strong financial performance in Q1 FY27, with revenue up 53.5% YoY and EBITDA margins improving significantly. The company highlighted a robust order book of INR 7,613 Mn, successful project deliveries, and strategic investments in Oman. Management emphasized growth opportunities in coal exploration and international expansion.

herofinancialssegmentstakeawaysquote

Key financials

Revenue from Operations₹61.7 croreYoY
EBITDA₹14.9 croreYoY
PAT₹9.3 croreYoY

Segment commentary

CBM Production Services

The company secured an extension of a CBM contract from RIL, valued over INR 1,660 Mn.

Coal Exploration

Completed exploration activities at the Jharkhand coal block with geological reserves of 84 MT.

Guidance & outlook

  • Targeting commencement of coal production by FY27-28.
  • Continued focus on international expansion through joint ventures in Oman.

Notable quotes

“The company has a strong emphasis on Health, Safety & Environment (HSE), with zero Lost Time Injuries since inception.”— Vaishali

Key takeaways

  • Strong financial performance in Q1 FY27 with significant YoY growth.
  • Robust order book and successful project deliveries highlight operational efficiency.
  • Strategic investments in international markets position the company for future growth.
Educational analysis only. Not investment advice. Consult a SEBI-registered advisor before investing. Source: https://nsearchives.nseindia.com/corporate/SOUTHWEST_21072026083518_presentation.pdf
Full transcript (5,215 words)
South West Pinnacle Exploration Ltd (Formerly known as South West Pinnacle Exploration Pvt Ltd) CIN NO.: L13203HR2006PLC049480 Regd & Corp Office: Ground Floor, Plot No.15, Sector-44, Gurgaon 122003, Haryana, India. T: +91 124 4235400, 4235401 ISO 9001: 2015 Certified Company F: +91 124 4235402 E: info@southwestpinnacle.com W: www.southwestpinnacle.com Date: 21.07.2026 To, To, Listing Department Listing Department National Stock Exchange of India Ltd. Bombay Stock Exchange Limited Exchange Plaza, Phiroze Jeejeebhoy Towers, 5th Floor, Plot No. C/1, G Block, Dalal Street, Mumbai-400001 Bandra- Kurla Complex Scrip Code: 543986 Mumbai 400051 SYMBOL: SOUTHWEST Subject: Updated Investor’s Presentation Dear Sir/Madam, Please find enclosed herewith copy of updated Investor’s Presentation for Q1 FY 2026-27. This is for your information and record. Thanking You, For South West Pinnacle Exploration Limited Vaishali Company Secretary & Compliance Officer Snapshot 165+ 33+ Lakhs 20 19+ Years Successful Projects MtrsDrilled Ongoing Project of Experiences Deliveries INR 7,613 Mn 54% 23% 0.39 Robust Order Book* 3 Year PAT CAGR ROCE Debt/ Equity * Order Book as of 30thJune 2026 2 Company Overview • Established in 2006, South West Pinnacle is one of India's fastest-growing private exploration companies,with a strong track recordin mineral and unconventionalenergyresourceexploration. • Backed by an experienced leadership team and dynamic workforce, ensuring efficient project execution and timely delivery. • The company is an integrated service provider offering end-to-end drilling and exploration solutions Operating Revenue(INR Mn) & EBITDA Margins (%) across coal, ferrous, non-ferrous, atomic minerals, as well as conventional & unconventional oil and gas 2,430 sectors. 1,803 1,334 • It operates a fleet of 43 advanced drill rigs (with capabilities up to 2,500 meters), supported by 15 23.99% 24.15% 18.52% 18.64% 617 geoscientistsand specializedlogging and geophysicalsurvey equipment. FY24 FY25 FY26 Q1-FY27 • Over the past 19 years, the company has successfully completed 165+ projects for both government Revenue EBITDA Margins and private sector clients,and currently is workingon 20 active projectsacross India. • With a strong emphasis on Health, Safety & Environment (HSE), it has drilled over 3.2 million meters withouta single LostTime Injury(LTI)sinceinception. • Its marquee clientele including Reliance, Vedanta, Oil India, CMDI, CGWB, ONGC, Hindustan copper Ltd. and Hindalco,with operationsspanningbothdomesticand selectinternational markets. 4 Journey So Far • Incorporation of • Commenced • Entered the • Entered Aquifer Mapping • Entered oil & gas • Secured Aquifer • Made strategic investment in exploration using Passive Mapping contracts Alara Resources Ltd, Australia. Company integrated unconventional oil & gas services. exploration projects, sector, including CBM Seismic Tomography (PST) worth over INR 1,000 • Secured the largest-ever • Commencement of including geology, production drilling. • Listed on NSE EMERGE in technology. Mn from CGWB. single order valued at INR 307 Drilling operations for 2018; migrated to NSE Main • Awarded a coal block in geophysics, • Renewed CBM crore from a subsidiary of Core Drilling • Completed 50+ Board in 2019. Jharkhand with 84 Mn tons geological reporting, Production drilling Hindustan Zinc Ltd. for core exploratory projects of geological reserves. • Kicked off 1st CBM and drilling. • Formed JV in Oman with Contract drilling. across India. • Completed 150+ Exploration project 35% stake in Alara • Began overseas exploration projects across • Formed a second JV in • Notified as an accredited • Submitted the first Resources LLC. • Entered into niche area drilling operations in diverse geographies. Oman which was prospecting agency by the detailed geological report of LDC (Large Diameter Oman. • Entered 3D Seismic Data • Executed an iron ore awarded a mining block Ministry of Coal, Government for coal exploration. Core Drilling -8 inches Acquisition for oil, gas & exploration contract in comprising of copper of India, for undertaking coal • Entered the niche core) for Diamond minerals. Bangladesh. and gold etc. and lignite exploration segment of Reverse Exploration • Listed on both BSE • Exploration activities activities. Circulation (RC) • First company to win an and NSE. started in mining block • Coal block exploration work drilling. integrated coal • Awarded 11-year, USD125 in Oman. completed, exploration& seismic project from CMPDI. Mn Copper Mining contract • Raised capital through a • GR Preparation and other via JV in Oman; operations preferential issue of development activities are have commenced. equity/warrant in Feb progressing at full scale. 2025. • Secured extension of CBM Production contract from RIL valuing over Rs. 166 Cr. 2006-2009 2010-2012 2013-2015 2016-2019 2020-2023 2024-2025 2025-26 onwards 5 Board of Directors ▪ Mr. Vikas Jain has been director on board since its inception and has been the guiding force behind the strategic decisions, supported by industry experienced professionals to run the business diligently. He has over 22 years of experience in relevant field. ▪ He holds a Master’s in Business Administration from Johnson & Wales University, USA. ▪ Mr. Jain primarily focuses on business development, finance, overall strategic planning for growth and Mr. Vikas Jain, future prospects, client relationships, and administrative affairs. Promoter, MD & Chairman ▪ Mr. Piyush Jain joined the Board of the company in 2009 and has since been directly involved in developing, planning, scheduling and supervising the operations of the Company. ▪ He has over 15 years of experience in exploration and mining sector and has been efficiently spearheading the operational responsibilities, including procurement, HSE and other key areas, while also supporting the Company’s business development initiatives. ▪ He holds MSc in Management & Entrepreneurship from Nottingham Trent University, UK, and a BSc in Mr. Piyush Jain, Business & Management Studies from IILM, New Delhi affiliated with University of Bradford, UK. Co-Promoter & Joint Managing Director 6 Board of Directors Mr. Rajendra Prasad Ritolia, Mrs. Meenakshi Anand, Mrs. Shivi Sabharwal, Mr. Hari Narain Singh Rajpoot, Independent Director Independent Director Independent Director Independent Director ▪ Mr. Rajendra Prasad Ritolia has been ▪ Mrs. Meenakshi Anand has been ▪ Mrs. ShiviSabharwal has been appointed ▪ Mr. Hari NarainSingh Rajpoot has been appointed as a Non-Executive Director appointed as an Independent Director of as an Independent Director of the appointed as an Independent Director effective August 12, 2024. the Company effective August 14, 2023. Company effective August 14, 2023. effective June 30, 2024. ▪ He is a veteran mining professional, ▪ She is the Proprietor and Principal ▪ She is a Director at Wellness Mandala Pvt. ▪ A fellow member of the ICSI and Associate honored with awards like the D.D.Thacker Consultant of Career Experts, a 16-year-old Ltd. (WelM), an organization focused on Of ICMAI. he holds degrees in Science, Gold Medal and Indira Gandhi Memorial HR firm specializing in talent placement, promoting mental well-being for Law, and a Master’s in Economics With Award (2007), sales and soft skills training, staffing, and individuals and businesses. over 44 + years of experience in corporate, HR strategy. securities, and general laws, finance, and ▪ He holds a Postgraduate degree in Mining ▪ With over 15 years of diverse experience management. from Leoben, Austria (UNO scholarship) ▪ She holds a B.Techin Chemical across the music, media, fashion, and and a PG Diploma in Management from Engineering from OraniaUniversity and a human resources industries, she brings a ▪ He previously led legal at CEAT Ltd, served AIMA. PGDEM in Marketing. unique perspective to the board. Mrs. on the Audit Committee of its Sri Lankan Sabharwal holds a Postgraduate degree in JV, and is now Managing Director of a ▪ Mr. Ritolia previously served as CMD of Marketing from Lancaster University, UK. consulting firm and trustee of RPG Central Coalfields Ltd and as Advisor (Coal) Foundation. He also sits on the boards of to the Managing Director of Tata Steel Ltd. two listed companies and two NBFCs. 7 Geographical Presence Haryana Rajasthan Uttar Pradesh Assam INDIA Jharkhand Oman Gujarat Madhya Pradesh Chhattisgarh Odisha Maharashtra Telangana Andhra Pradesh Karnataka Tamil Nadu Operations 8 Our Key Verticals CBM EXPLORATION SERVICES UNDERGROUND DRILLING CBM PRODUCTION SERVICES AQUIFER MAPPING COAL & OTHER MINERALS GEOLOGICAL & GEOPHYSICAL EXPLORATION SERVICES SERVICES EXPLORATION USING PASSIVE 2D/3D SEISMIC EXPLORATION SEISMIC TROMOGRAPHY 12 Business Segment CBM EXPLORATION SERVICES CBM PRODUCTION SERVICES COAL & OTHER MINERALS EXPLORATION SERVICES Specialising in identifying and evaluating CBM potential in Comprehensive solutions from exploration to processing, Develop, operate, and maintain specialized infrastructure coal-rich regions through a complete suite of geological and ensuring efficient, compliant, and sustainable mineral to extract and produce methane gas from coal beds technical services. recovery. ensuring safe, continuous, and cost-efficient Process : Process : CBM output. Including geological surveys, drilling exploratory wells, • Exploration & Planning: Surveying, sampling, geological Process : logging and testing to estimate gas content, and evaluating analysis, mine design Involves dewatering coal seams to reduce pressure and commercial viability. These services help determine • Drilling & Extraction: Core, RC, DTH & mud rotary drilling release methane gas, which is then collected through wells. whether CBM extraction is feasible and profitable in a given (~33 lakh meters), blasting, hauling The gas is compressed, processed, and transported for area. end use, while production is monitored continuously. • Processing & Rehab: Safe resource development with Highlights: minimal environmental impact Highlights: • Over 200 CBM core wells completed –Highest in India Highlights: • 60+ CBM production wells drilled —depths up • Trusted by industry leaders Reliance Industries, Oil India, to 1,200 meters • Expertise in core drilling, large diameter core drilling, Dart Energy and non-core methods including reverse circulation • CBM Production drilling contract renewed. Deployed two • Proven capabilities in India's most challenging basins (RC), down-the-hole (DTH), and mud rotary drilling. imported CBM rigs for this project • Completed ~33 lakh meters of drilling using these technologies • Proven expertise in coal (incl. OB removal), ferrous, and non-ferrous mining, with operations across India and a global footprint via a copper/gold JV in Oman 13 Business Segment 2D/3D SEISMIC EXPLORATION GEOLOGICAL & GEOPHYSICAL SERVICES A geophysical technique that uses sound waves to map subsurface rock Studying the Earth’s structure and composition to locate natural resources, formations crucial for identifying zones rich in oil, gas, or minerals. assess ground conditions, and support mining and infrastructure planning. Process : Process : • Generate and send sound waves into the ground • Collect surface and subsurface data through: • Capture echoes via sensors to create 2D/3D images of underground • Geological mapping structures • Seismic & resistivity surveys • Analyze reflections to pinpoint resource-bearing formations • Analyze data to interpret formation behavior and resource viability Highlights: Highlights: • Proven capability in 2D/3D Land Seismic Exploration • Team of 15 experienced geoscientists • Serving sectors: Coal, Oil & Gas • Proven expertise in coal, limestone, atomic minerals, and more • Equipped with PST Technology for precision seismic mapping • End-to-end on-site exploration services • End-to-end solutions encompassing data acquisition, seamless data • Integrated geological & geophysical capabilities tailored to client needs processing, and insightful interpretation and reporting. 14 Business Segment AQUIFER MAPPING UNDERGROUND DRILLING EXPLORATION USING PASSIVE SEISMIC The process of creating boreholes below the Earth’s surface TROMOGRAPHY (PST) Aquifer mapping involves identifying and visualizing for mineral exploration, tunneling, or resource access in underground water-bearing formations to evaluate Passive seismic tomography is a geophysical method that subsurface environments. It’s a foundational service for groundwater availability, quantity, and quality a critical input constructs 3D subsurface images by measuring natural or mining, infrastructure, and utility projects. for infrastructure, agriculture, and industrial planning. ambient vibrations (like micro-earthquakes, ocean waves, or Process : Process : cultural noise) instead of using artificial sources. • Mobilize drilling rigs to confined underground sites Multidisciplinary Surveys : Geological, geophysical Process: It maps geological structures by analyzing the speed & remote sensing techniques • Bore into rock or soil to collect geological core samples and paths of seismic waves as they travel through the earth. Instead of using heavy equipment like dynamite or vibroseis Field Validation : Drilling & testing to understand aquifer depth, • Create access holes for mining, pipelines, or trucks to create vibrations, this technique uses a portable thickness & yield structural development network of seismometers or nodal geophones to listen to Data Integration : Hydrogeology, hydrochemistry & • Conduct detailed subsurface evaluation to guide the ambient noise of the Earth. groundwater modeling future extraction Highlights: : Outcome : Detailed maps and models for water Highlights: Successfully completed two large projects of Oil India over a resource planning • Entered a new domain underground Drilling period of last three years . Highlights: • Order secured from Hindustan Copper Ltd. • Delivered aquifer studies for state & national water resource • Commissioned 4 advanced rigs, now operational departments • Expanding capabilities to support deep-access mining • Proven capability to quantify groundwater potential across and critical infrastructure projects diverse terrains • Tailored solutions based on demand scale & hydrogeological behavior 15 Project and order book Details Number of Q1-FY27 Order book: Type (%) Segment wise ongoing projects Projects Survey And Exploration of Mineral 12 Government AQUAFIR MAPING 6 23% CBM Production 1 Seismic Exploration Services using by Passive Seismic Tomography 1 Private 77% Total 20 Segment wise –Order book Value (INR Mn) Order book (INR Mn) CBM Production 2,222 8000 7,613 AQUAFIR MAPING 575 5,812 Seismic Exploration Services using by Passive Seismic Tomography 72 6000 Seismic& Coal Drilling 238 4000 3,287 2,157 Survey And Exploration of Mineral 4,506 2000 Total 7,613 0 FY24 FY25 FY26 Q1-FY27 16 Infrastructure Total Drilling Rigs: Seismic Equipment: Geophysical Units: • 43 state-of-the-art Top Drive Hydrostatic • 3 digital 2D/3D Seismic recording systems • 4 Geophysical Logging Units Drilling Rigs • Approximately 8,000–8,500 seismic channels • DGPS & total Stations • 2 best-in-class Schramm rigs for CBM production • 1 Vibroseisunits for seismic excitation • Specialized geological data processing software g n illir D 3,200 3,300 e 2,800 v 2,600 a t i M ) 1,850 2,000 2,130 2,280 ul K 1,400 m( 1,050 u 796 C al t o T 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Q1-FY27 SWPE completed 33 Lakh meters of drilling, 6.5 Lakhmeters of Geophysical Logging, 515 sq.km. of 3D Seismic surveys, 411 LKMof2D seismicSurvey forexplorationofCoal,Minerals,Oil&Gas 17 Various Projects Handled CBMProductionDrillingAt Sohagpur, CBM Production Drilling for CBM Exploratory Drilling at Large Diameter Kimberlite core (8”) for Rio MP ForReliance Industries Reliance Industries–completion Satpura, MP for Dart Energy Tinto at Bunder, MP – Drilled by BLY LF230 of100wells upto a depth of 352 Meters. Largest coring done in India till date CBM Production Drilling for Reliance CBM Production Drilling for Reliance CoredrillingforChromitefor Seismic Project for Coal Exploration Industries –Multi-Lateral Well Industries –Multi-Lateral Well TataSteel Limited 18 Operations in Oman Rationale Oman is the second-largest country in the GCC region after Saudi Arabia and is endowed with significant mineral resources including copper, gold, silver, chromite, lead, nickel, manganese, and zinc. However, these reserves remain largely undeveloped due to a historical preference for the oil sector. 1 The Omani government, aiming to diversify the economy and reduce dependence on oil, established a 2 public authority under the Ministry of Commerce and Industry named Mining Development Oman (MDO)to regulate and expand mining activities, as well as to 5 The first joint venture was formed in 2018, and strengthen private sector involvement in the sector. the second was established in 2024. 3 4 The move would alsocreate employment The company, recognizing the opportunity, has established opportunitiesfor Omani nationals twojoint venture companies over time to tap into the potential in Oman. 19 Operations in Oman • This joint venture was formed with Alara Resources, a renowned Australian exploration and mining company, in 2018. • The JV company was awarded an 11-year copper mining contract in 2021–22, with a total contract value of USD 125 million. 1st Joint • Mining operations commenced in February 2022 and are progressing well. Venture • The JV company is also executing various drilling and exploration contracts with 4 rigs, generating sizeable revenue and profit. • Another joint venture was established in 2024, comprising four partners, including Alara Resources Ltd., Australia. • In January 2025, the JV company was awarded Exploration and Mining Block 22-B in Oman, which contains geological reserves of copper, gold, silver, chromite, and basalt. • As per the agreement executed with the Ministry of Energy and Minerals, Sultanate of Oman, the JV company has been 2nd Joint granted the right to first explore and subsequently exploit the mining block, in accordance with the terms set out in the Venture agreement. • Exploration activities have since been started and a contract for Airborne geological survey has since been completed. The data analysis & report is under preparation. • Given the size of the block and the presence of high-value minerals, the project holds significant potential for the future. 20 Coal Block Acquisition Coal Block Win: Awarded a coal block for commercial mining in Jharkhand Block Area: Spread across 2.66 sq. km Estimated Geological Reserves: 84 Million Tonnes(MT) Coal Grade: W-IV grade coal Regulatory Progress: DGPS survey completed. The company has been notified as an accredited prospecting agency by the Ministry of Coal, Government of India, for carrying Jharkhand out prospecting operations for coal and lignite exploration during the year. Accordingly, exploration activities at coal blocks have since been completed. GR is being finalised for its early submission. Mining plan preparation, along with other related activities, shall be put on fast track post completion of exploration. Production Timeline: Target to commence coal production by FY 2027–28 21 Industry Overview The global mineral and energy exploration industry is entering a supercycle, fueled by the rapid transition to clean energy, reindustrialization, and the race to secure critical raw materials. From copper and coal to lithium and rare earths, exploration has become a strategic priority for nations and corporations alike. The Mineral Exploration Services Market was valued at USD 10.31 billion in 2024, expected to grow from USD 10.84 billion in 2025to USD 18 billion by 2035, at a CAGR Global Market of approximately 5.2%. Momentum Global mining giants and national governments are scaling investments to secure long-term reserves of copper, cobalt, gold, and battery minerals. Regions such as Africa, GCC, Central Asia, and South America are emerging as high-priority zones for greenfield exploration. India’s India has one of the largest unexplored geological basins globally —rich in coal, iron ore, bauxite, and polymetallic deposits. Untapped Despite vast reserves, exploration depth remains low, offering strong upside for drilling, seismic surveys, and geophysical studies. Geological Growing domestic demand for power, infrastructure, EVs, and renewables is accelerating the need for reliable mineral sourcing. Potential South West Among the few Indian companies with a fully integrated portfolio: CBM production, aquifer mapping, seismic surveys, mineral drilling, and mining services. Pinnacle’s International presence through joint ventures in Oman, executing large-scale copper and polymetallic mining contracts. Strategic Proven execution across 165+ projects, with over 3.3 million meters drilled, and a zero Lost Time Injury (LTI) record –a rare operational benchmark. Advantage Global policy shift toward resource nationalism and localization is pushing early-stage exploration to the forefront. Key Industry Rising ESG and environmental due diligence standards are boosting demand for structured, scientific exploration. Tailwinds Advancements in seismic imaging, AI-based geological modeling, and precision drilling are transforming the cost-efficiency of exploration. India’s mining sector is poised for sustained growth, supported by rising demand for critical minerals, infrastructure expansion, and policy-led acceleration in Market exploration activity. Outlook The mining equipment market is projected to grow from ~USD 6.4 billion in 2024 to ~USD 11.34 billion by 2033 (CAGR ~6.05%), driving strong demand for exploration and drilling services. www.wiseguyreports.com, mines.gov.in, www.imarcgroup.com 23 Composition of India’s Metals and Mining Sector Share of states in mineral production FY26 (%) Production of metalicand Non-metallic minerals ( USD Billion) 2 5 6 0 . 6 9 3 0 4 1 6 6 .4 1 .5 1 Odisha 7 .2 38 Chhattisgarh 1 10 Rajasthan 7 6 4 6 2 4 .8 9 .8 .9 2 2 .8 Karnataka 9 Jharkhand .6 6 1 .1 8 2 .1 5 2 .1 1 2 .1 9 3 .1 7 4 .1 7 5 .1 5 .1 9 7 .0 Maharashtra Others 23 8 9 0 1 2 3 4 5 * 1 1 2 2 2 2 2 2 6 Y F Y F Y F Y F Y F Y F Y F Y F 2 Y 14 F Metalic Minerals Non-Metalic Minerals *Until September 2025; Source: Ministry of Mines • India has significant reserves of iron ore, bauxite, chromite, manganese, and rare earth minerals, supporting long-term mining growth. • Mineral production continues to scale, led by iron ore output of ~289 million tonnes in FY2024–25, with iron ore contributing ~70% of total mineral production by value. • Odisha remains the largest mining state, contributing ~38% of India’s mineral production value and over 50% of iron ore output. www.ibef.org 24 Coal Momentum: Powering India’s Energy Core Coal Production (million tonnes) • India’s coal production reached a record 1,047.52 MT in FY2024–25, growing ~5% YoY from 997.83MT,marking the highesteveroutput. 5 Years CAGR 7.5% • Coal remains central to India’s energy ecosystem, contributing ~55% of total energy mix 5 and ~70%ofpowergeneration,with demandexpectedat ~1.5–1.8billiontonnesby2030. 8 .7 .7 4 2 9 0 • Improved domestic production has reduced import dependence, with coal imports .3 9 ,1 2 9 declining~7.9%in FY2024–25. 9 1 .8 8 .0 .6 7 3 1 7 7 7 • Policy reforms including commercial mining, 100% FDI, and faster approvals are accelerating private sector participation. • The Government of India targets coal production of ~1,404 MT by 2027 and ~1,577 MT by 2030,ensuring long-termsupplyvisibility. FY 20 FY 21 FY 22 FY 23 FY 24 FY 25 Coal Coal continues Coal is preferred India has production to be biggest energy Total installed for its affordability estimated in India has source – >70% of capacity of power and abundance, geological coal crossed 1 power generation generation expected supporting key non- reserves Billion Tons comes from coal- to more than double power industries like of 344 Billion mark during FY based plants by 2029-30 cement, fertilizer, Tons 2024-25. presently and aluminum. www.ibef.org 25 Key Strengths 01 02 03 04 05 06 PresenceAcrossVarious Client Qualification Domains OfDrilling Retention Credentials & Exploration Capability of Successful ProjectsDeliveries Experienced Robust ManagementTeam OrderBook 27 Growth Opportunities Coal & Mineral Exploration Oil & Gas Exploration Aquifer Mapping & Groundwater Management • Over 500 mineral blocksare up for auction by the Government of India. • 100% FDI allowed in upstream oil & gas sector • National Project on Aquifer Management • Increased focus on domestic exploration to • Government initiatives like OLAP and Mission initiated by CGWB reduce import dependency Anveshanto boost exploration • High demand for groundwater studies for • Large unexplored reserves of coal, iron ore, • Push toward discovery of new oil-bearing blocks infrastructure, agriculture, and urban development bauxite, copper, and rare earths through seismic surveys • Growing need for hydrogeological surveys, • Policy shift enabling private sector participation • Fiscal incentives to attract investment and modeling, and sustainable resource planning and commercial mining advanced technology • Government of India is giving lots of impetus for exploration of rare earth and critical minerals in wake of present geo political situation globally. Unconventional Sources of Energy International Exploration & Mining • Significant potential in Coal Bed Methane (CBM), • Emerging opportunities in mineral-rich regions like shale gas, and geothermal energy Africa, Middle East, and Central Asia • Most unconventional sources in India remain • Governments abroad increasingly opening up their underexplored mining sectors to foreign participation • Growing energy demand and policy support • High potential in copper, gold, rare earths, and accelerating exploration in this space strategic minerals • Copper is now viewed as new oil of electrification, will have robust demand in coming decade. 28 Strategic Overseas Investments Expanding in Middle East Asia Investment A: • AUD 0.5 Million investment in ARL, an exploration and mining company listed on the Australian Stock Exchange. Alara Resources Ltd • To Reinforce strategic investment, company is participating in on going rights issue of ARL. (ARL) • ARL holds a 51% share in a JV company in Oman. • This JV is successfully owning and operating a copper and gold mine. • Investment in AHML, a second JV company in Oman, with a 17.50% share. • AHML has been awarded a large mining block by the Ministry of Energy and Minerals, Sultanate of Oman. Investment B: • The block contains reserves of copper & many other precious minerals. Al Hadeetha Mining LLC (AHML) • The award is for mining activities including exploration followed by exploitation. • Exploration activities have since been started and a contract for Airborne geological survey is getting awarded to accelerate the process. Strategic Outlook • Both the above recent investments along with the earlier investment in Alara Resources LLC, are considered cornerstones with huge potentials. • Both investments are considered cornerstones with huge potential. • With confirmed allocation of mining blocks, one is already operating commercially and the other is progressing well. • The future of both investments is very promising. 29 Financial & Operational Highlights Operational Highlights • Company commences operations to execute single largest order value ofINR3,070 Mn.in the State of Rajasthan. • Company wins extension of CBM contract from RIL valuing over INR Q1-FY27 Financial Performance 1,660 Mn. • Orderbookstandsat all time high at INR7,613 Mn. • To cope up with the enhanced business requirement, company has INR 617 Mn INR 149 Mn INR 24.15% placedordersfor newrigs andotherequipments. Operational Revenue EBITDA EBITDA Margin • Company empaneled by Oil India Limited for providing 2D/3D Seismic +53.5% YoY +156.9% YoY +972 Bps YoY Data AcquisitionServices across OIL'sonshore. • Jharkhand coal block exploration completed , definitive GR under INR 93 Mn INR 15.07% INR 3.06/Share preparation. PAT PAT Margin Diluted EPS • Balance 75% amount of warrants , issued on preferential basis +287.5% YoY +910 Bps YoY +287.3% YoY receivedand convertedintoequityshares. • 20 Operations across 8 States running smoothly with Zero (0) LTIs (LossTimeInjuries). • Air borne survey (a latest technique for faster exploration in large mining blocks ) completed under Oman second JV , GR under preparation. • To reinforce its Strategic investment , company is participating in ongoingRights issueof Alara ResourcesLtd , Australia. 31 Quarterly Consolidated Income Statement Particulars(inINRMn) Q1 FY27 Q1 FY26 Y-o-Y Revenue from Operations 617 402 53.5% Total Expenses 468 344 36.0% EBITDA 149 58 NA EBITDA Margins (%) 24.15% 14.43% 972 Bps Other Income 4 11 (63.6)% Depreciation 30 21 42.9% Finance Cost 17 20 (15.0)% Profit Before Share of Profit from JVs 106 28 NA Share of Profit/(Loss) from JVs 13 3 NA PBT 119 31 NA Tax 26 7 NA PAT 93 24 NA PAT Margins (%) 15.07% 5.97% 910 Bps Other Comprehensive Income 6 - NA Total Comprehensive Income 99 24 NA Diluted EPS (INR) 3.06 0.79 NA 32 Historical Consolidated Income Statement Particulars(INRMn) FY24 FY25 FY26 Q1-FY27 Revenue from Operations 1,334 1,803 2,430 617 Total Expenses 1,087 1,467 1,847 468 EBITDA 247 336 583 149 EBITDA Margins (%) 18.52% 18.64% 23.99% 24.15% Other Income 24 48 36 4 Depreciation 88 96 114 30 Finance Cost 85 87 84 17 Profit Before Share of Profit from JVs 98 201 421 106 Share of Profit/(Loss) from JVs 11 13 14 13 PBT 109 214 435 119 Tax 26 50 105 26 PAT 83 164 330 93 PAT Margins (%) 6.22% 9.10% 13.58% 15.07% Other Comprehensive Income - (1) (1) 6 Total Comprehensive Income 83 163 329 99 Diluted EPS (INR) 2.96 5.83 10.82 3.06 34 Historical Consolidated Balance Sheet ASSETS(INRMn) FY24 FY25 FY26 EQUITYANDLIABILITIES(INRMn) FY24 FY25 FY26 Total Non Current Assets 1,003 970 1,378 Shareholders Funds 1,215 1,706 2,035 Property, plant & equipment 725 625 918 Share Capital 279 298 298 Capital Work-in-progress - 7 4 Other Equity 936 1,408 1,737 Right of use assets 17 14 11 Non Controlling Interest - - Investment property 31 28 26 Intangible assets under development 108 143 193 Non Current Liabilities 359 203 229 Goodwill 1 1 1 Long Term Borrowings 257 122 160 Financial assets Lease Liability 18 15 13 (i) Investments 41 53 90 Provisions 7 8 4 (ii) Loans 4 9 26 Other Financial Liabilities 7 4 3 (iii) Other financial assets 71 57 86 Other non-current assets 5 33 23 Deferred tax liabilities 47 51 47 TotalCurrentAssets 1,346 1,791 1,943 Other non-current liabilities 23 3 2 Inventories 434 462 509 Current Liabilities 775 852 1,057 Financial assets Short term Borrowings 650 507 626 (i)Trade Receivable 574 763 1,166 Trade Payables 65 187 232 (ii)Cash and cash equivalents 6 194 13 Lease Liability 2 2 3 (iii)Other bank balances 83 216 104 (iv)Loans - - Other Financial Liabilities 29 54 60 (v) Other financial assets 19 17 32 Other Current Liabilities 15 74 60 Current tax assets (net) 2 2 4 Short term Provisions 14 15 20 Other current assets 159 137 115 Current Tax Liability (Net) - 13 56 Assets classified as held for sale 69 - TotalAssets 2,349 2,761 3,321 TotalEquity& Liabilities 2,349 2,761 3,321 35 Consolidated Financial Performance Revenue (INR Mn) EBITDA (INR Mn) & EBITDA Margins (%) PAT (INR Mn) & PAT Margins (%) 2,430 330 583 1,803 15.07% 1,334 336 24.15% 164 247 617 149 83 13.58% 93 23.99% 18.52% 18.64% 9.10% 6.22% FY24 FY25 FY26 Q1-FY27 FY24 FY25 FY26 Q1-FY27 FY24 FY25 FY26 Q1-FY27 PAT PAT Margins EBITDA EBITDA Margins Net Worth (INR Mn) Debt to Equity ROE & ROCE (%) 23% 0.75 2,035 16% 1,706 12% 1,215 0.37 0.39 16% 10% 7% FY24 FY25 FY26 FY24 FY25 FY26 FY24 FY25 FY26 ROE ROCE 36 Capital Market Information 100.0% Share Price Data As on 30thJune, 2026 80.0% 60.0% 40.0% 20.0% 0.0% -20.0% -40.0% Jul-25 Aug-25 Sep-25 Oct-25 Nov-25 Dec-25 Jan-26 Feb-26 Mar-26 Apr-26 May-26 Jun-26 South West pinnacle Exploration Ltd. Sensex Price Data (As on 30thJune 2026) INR Shareholding Pattern as on 30thJune2026 Face Value 10.00 CMP 216.30 52 Week H/L 287.95/120.55 Public 35.19% Promoter Market Cap (INR Mn) 6,452.23 64.81% No. of Share outstanding (Mn) 29.83 1 Year Avg. Trading Volume ('000) 249.02 37 Disclaimer South west Pinnacle Limited: Thispresentationdoesnotconstituteorformpartofanyofferorinvitationorinducementtosellorissue,oranysolicitationofanyofferorrecommendationtopurchaseorsubscribe for,anysecuritiesoftheCompany, norshallitoranypartofitorthefactofitsdistributionformthebasisof,orbereliedoninconnectionwith,anycontractorcommitmentthereof.In particular,thispresentationisnotintendedtobeaprospectusoroffer document under the applicable laws of any jurisdiction, including India. No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctnessoftheinformationoropinionscontainedinthispresentation.Such informationandopinionsareinalleventsnotcurrentafterthedateofthispresentation.Thereisnoobligationtoupdate,modifyoramend thiscommunicationortootherwisenotify therecipientiftheinformation,opinion,projection,forecastorestimatesetforthherein,changesorsubsequentlybecomesinaccurate. Certain statements contained in this presentation that are not statements of historical fact constitute “forward-looking statements.” Youcan generally identify forward looking statementsby terminology such as“aim”, “anticipate”, “believe”, “continue”, “could”, “estimate”, “expect”, “intend”, “may”, “objective”, “goal”, “plan”, “potential”, “project”, “pursue”, “shall”, “should”, “will”, “would”, or other words or phrases of similar import. Theseforward-lookingstatementsinvolveknownandunknownrisks,uncertainties,assumptionsand otherfactorsthatmaycausetheCompany’sactualresults,performanceorachievementstobemateriallydifferentfrom any futureresults, performance or achievements expressed or implied by such forward-lookingstatements or otherprojections. Important factors that could cause actual results, performanceor achievements to differ materially include, among others: (a) our ability to successfully implement our strategy, (b) our growth and expansion plans, (c) changes in regulatory norms applicable to the Company, (d) technological changes (e) investmentincome,(f)cashflowprojections,and(g)otherrisks. Thispresentation isforgeneral information purposes only,withoutregardtoanyspecificobjectives,financialsituationsorinformationalneedsofanyparticularperson. TheCompanymayalter,modifyorotherwisechangeinanymannerthecontentofthispresentation,withoutobligationtonotifyanypersonofsuchchangeorchanges. ValoremAdvisorsDisclaimer: ValoremAdvisorsisanIndependentInvestorRelationsManagementServicecompany.ThisPresentationhasbeenpreparedbyValoremAdvisorsbasedoninformationanddataprovidedbytheCompany,whichitbelieves tobereliable.However,ValoremAdvisorsandtheCompanyexpresslydisclaimanyandallliabilityfor,anddonotmakeanyrepresentationorwarranty,expressorimplied,asto,theaccuracy,completeness,orfairnessof theinformationcontainedinthisPresentation.ThisPresentationmaynotbeallinclusiveandmaynotcontainalloftheinformationthatyoumayconsidermaterial.Anyliabilityinrespectofthecontentsof,oranyomission from, this Presentation is expressly excluded. Valorem Advisors also hereby certifies that the directors or employees of Valorem Advisors do not own any stock in personal or company capacity of the Company under review. For further details, please feel free to contact our Investor Relations Representatives: South West Pinnacle Exploration Ltd. CIN:L13203HR2006PLC049480 Mr. Anuj Sonpal Mr. Dinesh Agarwal, CFO Valorem Advisors dinesh.agarwal@southwestpinnacle.com Tel:+91-22-3507 5100 Tel:+911244235402 Email: southwest@valoremadvisors.com www.southwestpinnacle.com Investor Kit Link: https://www.valoremadvisors.com/southwest 38