SELAN EXPLORATION TECHNOLOGY LTD.-$ Q4 FY26 Results

Summary

Antelopus Selan Energy Limited demonstrated robust performance in FY26, with total income rising to ₹288 crore from ₹267 crore in FY25. The company achieved a notable 14.02% increase in EBITDA to ₹167.5 crore, maintaining a strong EBITDA margin of 59%. Profit After Tax saw a significant 27.45% surge, reaching ₹89.6 crore. Management highlighted a volume-driven growth story, with average sales volumes improving to 1,355 boepd and a March’26 exit rate of approximately 1,880 boepd, and expressed confidence in reaching 2,500 boepd in FY27 through self-funded initiatives.

Key Highlights

1. 1

   Antelopus Selan Energy Limited reported a total income of ₹288 crore for FY26, an increase from ₹267 crore in FY25.

2. 2

   EBITDA for FY26 grew by approximately 14.02% to ₹167.5 crore from ₹146.9 crore in FY25, achieving a robust EBITDA margin of 59%.

3. 3

   Profit After Tax (PAT) for the fiscal year increased by about 27.45% to ₹89.6 crore, up from ₹70.3 crore in FY25.

4. 4

   The company's average sales volumes reached 1,355 boepd in FY26, up from 1,193 boepd in FY25, with a strong March’26 exit rate of approximately 1,880 boepd.

5. 5

   Q4 FY26 contributed significantly to the topline with ₹100 crore, primarily driven by volume and price impacts.

6. 6

   The company aims to reach 2,500 boepd in FY27, a growth path entirely self-funded, with further upside potential identified from Duarmara and fast-tracking the Karjisan Field Development Plan.

7. 7

   Strategic operational milestones included the drilling of 4 new wells across the portfolio and the commencement of production from the Dangeru field in August 2025.