Risk factor
Very poor trading liquidity
Profitability factor
Low dividends
About
South West Pinnacle Exploration Limited, established in 2006 and headquartered in Gurugram, India, delivers a comprehensive suite of exploration, drilling, and associated services throughout India. The company caters to diverse sectors, including coal, ferrous, nonferrous, atomic, and base metal mining, as well as the water and unconventional energy industries. Their specialized drilling capabilities encompass wireline core, reverse circulation, large diameter, and directional drilling. Additionally, they provide drilling solutions for coal bed methane exploration and production. Beyond core drilling, South West Pinnacle offers aquifer mapping for hydro-geological enterprises, alongside various geological and geophysical assessments. Their portfolio also includes workover rig services, 2D/3D seismic exploration, and integrated solutions such as geophysical logging, surface geophysical surveys, topographic surveys, and geological field consultancy. The company operates a fleet of 35 active drilling rigs.
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. Specifically, the stock is fairly valued on P/E, neutral on EV/EBITD.