South West Pinnacle Exploration Ltd. · NSE:SOUTHWEST
South West Pinnacle Exploration — Q3 FY2023 Earnings Presentation
31 slides from South West Pinnacle Exploration's earnings presentation, Feb 13, 2023
Slide 1: Cover letter to NSE: Updated Investor's Presentation
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: i
Slide 2: Q3 & 9M FY23 Investor Presentation
Q3 & 9M FY23 Investor Presentation February 2023 www.southwestpinnacle.com
Slide 3: Disclaimer
Disclaimer This presentation has been prepared by and is the sole responsibility of South West Pinnacle Exploration Limited (SWPE, the “Company”). By accessing this presentation, you are agreeing to be bound by the trailing restrictions. This presentation does not constitute or form part of any offe
Slide 4: Table of Contents
Table of Contents 1 Company Overview 2 Business Overview 3 Industry Overview 4 Consolidated Financial Highlights 5 Way Ahead 3
Slide 5: Company Overview
Company Overview
Slide 6: About Us
About Us ▪ Integrated Service Provider offering end-to-end Drilling & exploration of Natural resources (Coal, Ferrous, Non-Ferrous & Atomic Minerals & Services Offered Conventional & Un-conventional Oil & Gas) ▪ Completed 110+ projects over last 15 years, both Government & Private ▪ 16 running proje
Slide 7: Journey So Far
Journey So Far ▪ Entered into oil & gas exploration using PST (Passive Seismic tomography) ▪ Incorporation of Company ▪ Entered into unconventional Oil & Gas technology ▪ Commencement of Drilling Operations Sector including CBM Production Drilling ▪ Awarded 11-year Copper Mining Contract for Core Dr
Slide 8: Strong & Experienced Management
Strong & Experienced Management Mr. Vikas Jain Mr. Piyush Jain Promoter, MD & Chairman Co-Promoter & Joint Managing Director ▪ Guiding force behind strategic decisions backed ▪ Over 12 years experience in exploration & mining by industry experienced professionals to run sector business ▪ Spearheads
Slide 9: Strong & Experienced Management
Strong & Experienced Management Mr. Roger James Lord Mr. Rajendra Prasad Ritolia Mr. Jitendra Kumar Mishra Mrs. Sudha Maheshwari Director Independent Director Independent Director Independent Director ▪ Aged 73 years, Director of ▪ Aged 72 years, holds Post ▪ Aged 50 years, qualified ▪ Aged 40 years
Slide 10: Key Strengths
Key Strengths 01 02 03 04 05 06 Presence Across Various Client Retention Domains Of Drilling & Qualification Exploration Credentials Capability of Successful Projects Deliveries Experienced Management Team Robust Order Book 9
Slide 11: Business Overview
Business Overview
Slide 12: Business Overview
Business Overview COAL & MINERAL SERVICES CBM EXPLORATION SERVICES SWPE offers Core Drilling, Large Diameter Core Leading CBM exploratory drilling service provider in country Drilling & non-core drilling through Reverse Circulation (RC), DTH (Down–the-Hole) & Mud Prominent clients include Reliance I
Slide 13: Opportunities
Opportunities Drilling & Exploration of Non-coal Drilling & Exploration of Coal Minerals ❑ Many unexplored mines of coal, ❑ Over 500 non-coal mineral blocks, partially iron ore & bauxite in India present or minimally explored under current leases considerable opportunities for – up for grabs through
Slide 14: Opportunities
Opportunities Exploration & Mining Opportunities In Oman & Middle East Infrastructure Projects ❑ Oman Government diversifying & reducing ❑ Infrastructure sector a key driver for dependence on oil – Indian economy ❑ growth anticipated in mining sector following ❑ Government impetus to create discover
Slide 15: Operations in Oman
Operations in Oman $125 mn. SWPE entered into Started Mining JV with Alara Resources, JV awarded an 11 year operations in renowned Australian exploration Contract Value over 11 & mining firm in 2018 copper mining contract February 2022 years Rationale ❑ Oman is second largest country after Saudi Ara
Slide 16: Coal Block Acquisition
Coal Block Acquisition Govt. Impetus On Coal Production SWPE recently won Total Geological block coal block for area – 2.66 Sq. Km. commercial coal ▪ GOI recently allowed commercial coal mining by private mining in state of Est. Geo reserves players to cater to rising coal demand in India Jharkhand
Slide 17: Marquee Clients
_ South West Marquee Clients Pinnacle ; ww stat Cam (| > “Se op 22... 22 ve Bs ‘alge Reliance ine =e arrow NMDC Industries Limited energy OME Alara DeBeers DARTBENERGY © snmmeuens sha ining Comoran. Linen Resources = 7 ~ SAN (Gamat % cmpdi <p Z vedanta arin) A Mu: Rata Conga TATA STEEL HINDUSTAN ZIN
Slide 18: Various Projects Handled
Various Projects Handled CBM Production Drilling At CBM Production Drilling for CBM Exploratory Drilling at Large Diameter Kimberlite core (8”) for Sohagpur, MP For Reliance Reliance Industries – completion of Satpura, MP for Dart Energy Rio Tinto at Bunder, MP – Drilled by BLY Industries 100 wells
Slide 19: CSR Activities
CSR Activities Environment ▪ Participated in massive plantation drive organized by social organization Protection and planted sizeable number of plants in and around Gurugram ▪ SWPE contributed fully equipped ambulances to hospital in Gurugram during 2nd wave of COVID Public Health ▪ Contributed to
Slide 20: Industry Overview
Industry Overview
Slide 21: Coal as an Energy Source
Coal as an Energy Source Presently coal Present Market Scenario of Coal India has estimated geological coal reserves of production in India is 344 Billion Tons ~729 Million Tons per Annum Gap in demand & supply China facing severe power of coal globally, affecting problems due to shortage of Coal co
Slide 22: Financial Highlights
Financial Highlights
Slide 23: Key Recent Developments
Key Recent Developments Recent Projects Across Geographical Expansion In November 2022, SWPE commenced project ‘Khanna Punjab’ in association with Punjab’s Water Resource Department. Project comprises 9 wells totaling 700 metres depth, and expands Company’s exploratory business in Punjab Company is
Slide 24: Quarterly Consolidated Statement of Profit & Loss
Quarterly Consolidated Statement of Profit & Loss Particulars (in Rs. Crore) Q3 FY23 Q3 FY22 Y-o-Y Q2 FY23 Total Revenue 35.28 30.89 14.21% 24.85 Cost of Materials Consumed 20.15 5.65 10.41 Employee Cost 5.15 4.28 4.52 Other Expenses 5.95 15.28 5.97 EBITDA 4.03 5.67 (28.93%) 3.95 EBITDA Margin 11.42
Slide 25: Nine Months Consolidated Statement of Profit & Loss
Nine Months Consolidated Statement of Profit & Loss Particulars (in Rs. Crore) 9M FY23 9M FY22 Y-o-Y Total Revenue 85.96 82.76 3.86% Cost of Materials Consumed 38.81 15.81 Employee Cost 14.46 13.57 Other Expenses 19.98 37.70 EBITDA 12.71 15.68 (18.99%) EBITDA Margin 14.78% 18.95% Other Income 3.64 2
Slide 26: Consolidated Balance Sheet Statement
Consolidated Balance Sheet Statement ASSETS (Rs. Crs.) Sep-22 Mar-22 EQUITY AND LIABILITIES (Rs. Crs.) Sep-22 Mar-22 Property, plant & Equipment 57.51 50.20 Shareholders Funds 108.69 104.93 Intangible Assets under Development 5.84 4.29 Share Capital 27.90 27.90 Right of Use assets 2.05 2.18 Other Eq
Slide 27: Historical Consolidated Performance Highlights
Historical Consolidated Performance Highlights Revenue (Rs. Crs.) EBITDA (Rs. Crs.) PAT (Rs. Crs.) Debt to Equity 25 +6% +11% 118 24 23 11 0.6 104 9 9 10 0.5 0.5 0.5 85 86 18 79 16 0.4 3 FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22 EBITDA Margin
Slide 28: Way Ahead
Way Ahead
Slide 29: Way Ahead
Way Ahead Full-fledged Exploration Service Company 1 ▪ Capitalize on being only full-fledged exploration service company in India having expertise, manpower, resources & equipments providing end-to-end drilling, exploration & allied services ▪ Expect our core exploration service business to continue
Slide 30: Way Ahead
Way Ahead Exploration, Infrastructure & Coal Block Acquisition Operations in Oman Allied Services Growth in core exploration service Mine development activities started. business expected to continue at Plans to start coal production in by FY 2024-25 ~20% P.A Total Capex estimated is ~Rs. 240 crores
Slide 31: Thank You
Thank You Company : Investor Relations Advisors : South West Pinnacle Exploration Ltd. Adfactorspr Pvt. Ltd. CIN: L13203HR2006PLC049480 Mr. Dinesh Agarwal, CFO Mr. Amit Sharma dinesh.agarwal@southwestpinnacle.com amit.sharma@adfactorspr.com Tel: +91 124 4235402 Mr. Rahul Trivedi rahul.trivedi@adfact
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