Integrated Filing — IndAS

General information about company
Scrip Code	543986
NSE Symbol	SOUTHWEST
MSEI Symbol	NA
ISIN	INE980Y01015
Name of company	SOUTH WEST PINNACLE EXPLORATION LIMITED
Type of company	Main Board
Class of security	Equity
Date of start of financial year	01-Apr-2024
Date of end of financial year	31-Mar-2025
Date of board meeting when results were approved	22-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	19-May-2025
Description of presentation currency	INR (in Actuals)
Reporting Type	Half Yearly
Reporting Quarter	Yearly
Nature of report standalone or consolidated	Consolidated
Whether results are audited or unaudited for the quarter ended	Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended	Audited
Segment Reporting	Multi segment
Description of single segment
Start date and time of board meeting	22-May-2025   11:30:00
End date and time of board meeting	22-May-2025   13:25:00
Whether cash flow statement is applicable on company	Yes
Type of cash flow statement	Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification	Declaration of unmodified opinion

Financial Results Ind-AS
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Oct-2024	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1	Income
	Revenue from operations	738415000	1802950000
	Other income	8380000	48478000
	Total income	746795000	1851428000
2	Expenses
(a)	Cost of materials consumed	93928000	285848000
(b)	Purchases of stock-in-trade	148172000	449092000
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	0	0
(d)	Employee benefit expense	76017000	274387000
(e)	Finance costs	21005000	86873000
(f)	Depreciation, depletion and amortisation expense	21819000	95986000
(f)	Other Expenses
1	other operating expense	228805000	394238000
2	Other Expenses	37516000	64413000
	Total other expenses	266321000	458651000
	Total expenses	627262000	1650837000
3	Total profit before exceptional items and tax	119533000	200591000
4	Exceptional items	0	0
5	Total profit before tax	119533000	200591000
6	Tax expense
7	Current tax	28422000	44288000
8	Deferred tax	459000	5236000
9	Total tax expenses	28881000	49524000
10	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
11	Net Profit Loss for the period from continuing operations	90652000	151067000
12	Profit (loss) from discontinued operations before tax	0	0
13	Tax expense of discontinued operations	0	0
14	Net profit (loss) from discontinued operation after tax	0	0
15	Share of profit (loss) of associates and joint ventures accounted for using equity method	9282000	13191000
16	Total profit (loss) for period	99934000	164258000
17	Other comprehensive income net of taxes	-1288000	-1452000
18	Total Comprehensive Income for the period	98646000	162806000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent	98651000	162812000
	Total profit or loss, attributable to non-controlling interests	0	0
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent	-1288000	-1452000
	Total comprehensive income for the period attributable to owners of parent non-controlling interests
21	Details of equity share capital
	Paid-up equity share capital	298300000	298300000
	Face value of equity share capital	10	10
27	Details of debt securities
22	Reserves excluding revaluation reserve		935955000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	3.56	5.84
	Diluted earnings (loss) per share from continuing operations	3.55	5.83
ii	Earnings per equity share for discontinued operations
	Basic earnings (loss) per share from discontinued operations	0	0
	Diluted earnings (loss) per share from discontinued operations	0	0
ii	Earnings per equity share
	Basic earnings (loss) per share from continuing and discontinued operations	3.56	5.84
	Diluted earnings (loss) per share from continuing and discontinued operations	3.55	5.83
24	Debt equity ratio
25	Debt service coverage ratio
26	Interest service coverage ratio
27	Disclosure of notes on financial results

Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio

Statement of Asset and Liabilities
Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-Apr-2024
Date of end of reporting period		31-Mar-2025
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Consolidated
	Assets
1	Non-current assets
	Property, plant and equipment	625013000
	Capital work-in-progress	6716000
	Investment property	28492000
	Goodwill	1121000
	Other intangible assets	14064000
	Intangible assets under development	143081000
	Biological assets other than bearer plants
	Investments accounted for using equity method
	Non-current financial assets
	Non-current investments	52730000
	Trade receivables, non-current
	Loans, non-current	9109000
	Other non-current financial assets	89193000
	Total non-current financial assets	151032000
	Deferred tax assets (net)
	Other non-current assets
	Total non-current assets	969519000
2	Current assets
	Inventories	462404000
	Current financial asset
	Current investments	0
	Trade receivables, current	763449000
	Cash and cash equivalents	194408000
	Bank balance other than cash and cash equivalents	215736000
	Loans, current	20000
	Other current financial assets	16602000
	Total current financial assets	1190215000
	Current tax assets (net)	1707000
	Other current assets	136602000
	Total current assets	1790928000
3	Non-current assets classified as held for sale	54000
4	Regulatory deferral account debit balances and related deferred tax Assets
	Total assets	2760501000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	298300000
	Other equity	1407998000
	Total equity attributable to owners of parent	1706298000
	Non controlling interest	-13000
	Total equity	1706285000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	122062000
	Trade payables, non-current
	(A) Total outstanding dues of micro enterprises and small enterprises
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
	Total Trade payable
	Other non-current financial liabilities	4075000
	Total non-current financial liabilities	126137000
	Provisions, non-current	7938000
	Deferred tax liabilities (net)	51469000
	Deferred government grants, Non-current
	Other non-current liabilities	17409000
	Total non-current liabilities	202953000
	Current liabilities
	Current financial liabilities
	Borrowings, current	507126000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	46234000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	140384000
	Total Trade payable	186618000
	Other current financial liabilities	56677000
	Total current financial liabilities	750421000
	Other current liabilities	73775000
	Provisions, current	14539000
	Current tax liabilities (Net)	12528000
	Deferred government grants, Current
	Total current liabilities	851263000
3	Liabilities directly associated with assets in disposal group classified as held for sale
4	Regulatory deferral account credit balances and related deferred tax liability
	Total liabilities	1054216000
	Total equity and liabilites	2760501000
	Disclosure of notes on assets and liabilities

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars		3 months/ 6 month ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period		01-Oct-2024	01-Apr-2024
Date of end of reporting period		31-Mar-2025	31-Mar-2025
Whether accounts are audited or unaudited		Audited	Audited
Nature of report standalone or consolidated		Consolidated	Consolidated
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
1	DRILLING & EXPLORATION	587559000	1349558000
2	COAL MINING& TRADING	150856000	453392000
	Total Segment Revenue	738415000	1802950000
	Less: Inter segment revenue
	Revenue from operations	738415000	1802950000
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
1	DRILLING & EXPLORATION	118556000	196291000
2	COAL MINING& TRADING	977000	4300000
	Total Profit before tax	119533000	200591000
	i. Finance cost
	ii. Other Unallocable Expenditure net off Unallocable income	-9282000	-9282000
	Profit before tax	128815000	213782000
3	(Segment Asset - Segment Liabilities)
	Segment Asset
1	DRILLING & EXPLORATION	2617420000	2617420000
2	COAL MINING& TRADING	143081000	143081000
	Total Segment Asset	2760501000	2760501000
	Un-allocable Assets	0	0
	Net Segment Asset	2760501000	2760501000
4	Segment Liabilities
	Segment Liabilities
1	DRILLING & EXPLORATION	1054216000	1054216000
2	COAL MINING& TRADING	0	0
	Total Segment Liabilities	1054216000	1054216000
	Un-allocable Liabilities	0	0
	Net Segment Liabilities	1054216000	1054216000
	Disclosure of notes on segments

Other Comprehensive Income
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Oct-2024	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
1	Items that will not be reclassified to profit or loss	-1735000	-1953000
	Total Amount of items that will not be reclassified to profit and loss	-1735000	-1953000
2	Income tax relating to items that will not be reclassified to profit or loss	-447000	-501000
3	Amount of items that will be reclassified to profit and loss
	Total Amount of items that will be reclassified to profit and loss
4	Income tax relating to items that will be reclassified to profit or loss	0	0
5	Total Other comprehensive income	-1288000	-1452000

Cash flow statement, indirect
Particulars				Year ended (dd-mm-yyyy)
A	Date of start of reporting period			2024-04-01
B	Date of end of reporting period			2025-03-31
C	Whether results are audited or unaudited			Audited
D	Nature of report standalone or consolidated			Consolidated
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			200591000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			86873000
	Adjustments for decrease (increase) in inventories			-28167000
	Adjustments for decrease (increase) in trade receivables, current			-203215000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			-6051000
	Adjustments for decrease (increase) in other non-current assets			0
	Adjustments for other financial assets, non-current			0
	Adjustments for other financial assets, current			2188000
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			125458000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			37071000
	Adjustments for increase (decrease) in other non-current liabilities			0
	Adjustments for depreciation and amortisation expense			95986000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			297000
	Adjustments for provisions, non-current			10078000
	Adjustments for other financial liabilities, current			19008000
	Adjustments for other financial liabilities, non-current			0
	Adjustments for unrealised foreign exchange losses gains			-207000
	Adjustments for dividend income			0
	Adjustments for interest income			0
	Adjustments for share-based payments			0
	Adjustments for fair value losses (gains)			0
	Adjustments for undistributed profits of associates			0
	Other adjustments for which cash effects are investing or financing cash flow			0
	Other adjustments to reconcile profit (loss)			0
	Other adjustments for non-cash items			0
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			139319000
	Net cash flows from (used in) operations			339910000
	Dividends received			0
	Interest paid			0
	Interest received			-10792000
	Income taxes paid (refund)			31187000
	Other inflows (outflows) of cash			-31245000
	Net cash flows from (used in) operating activities			266686000
	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses			0
	Cash flows used in obtaining control of subsidiaries or other businesses			0
	Other cash receipts from sales of equity or debt instruments of other entities			0
	Other cash payments to acquire equity or debt instruments of other entities			0
	Other cash receipts from sales of interests in joint ventures			0
	Other cash payments to acquire interests in joint ventures			0
	Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships			0
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships			5132000
	Proceeds from sales of property, plant and equipment			115120000
	Purchase of property, plant and equipment			22128000
	Proceeds from sales of investment property			0
	Purchase of investment property			0
	Proceeds from sales of intangible assets			0
	Purchase of intangible assets			0
	Proceeds from sales of intangible assets under development			0
	Purchase of intangible assets under development			34891000
	Proceeds from sales of goodwill			0
	Purchase of goodwill			0
	Proceeds from biological assets other than bearer plants			0
	Purchase of biological assets other than bearer plants			0
	Proceeds from government grants			0
	Proceeds from sales of other long-term assets			0
	Purchase of other long-term assets			0
	Cash advances and loans made to other parties			0
	Cash receipts from repayment of advances and loans made to other parties			0
	Cash payments for future contracts, forward contracts, option contracts and swap contracts			-1229000
	Cash receipts from future contracts, forward contracts, option contracts and swap contracts			0
	Dividends received			0
	Interest received			10792000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-107677000
	Net cash flows from (used in) investing activities	-42687000
	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries			0
	Payments from changes in ownership interests in subsidiaries			0
	Proceeds from issuing shares			254830000
	Proceeds from issuing other equity instruments			93248000
	Payments to acquire or redeem entity's shares			0
	Payments of other equity instruments			0
	Proceeds from exercise of stock options			0
	Proceeds from issuing debentures notes bonds etc			0
	Proceeds from borrowings			0
	Repayments of borrowings			277925000
	Payments of lease liabilities			0
	Dividends paid			3682000
	Interest paid			86260000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-15890000
	Net cash flows from (used in) financing activities			-35679000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			188320000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			0
	Net increase (decrease) in cash and cash equivalents			188320000
	Cash and cash equivalents cash flow statement at beginning of period			6088000
	Cash and cash equivalents cash flow statement at end of period			194408000