Antelopus Selan FY26: Volume-led growth with a 1,800+ boepd exit

The presentation reports FY26 average sales of 1,355 boepd, versus 1,193 boepd in FY25.

The presentation states an FY26 exit rate of 1,800+ boepd, with Feb and Mar 2026 sales at 1,800+ boepd and March 2026 exit rate around 1,880 boepd.

Total income was INR 287.8 crore in FY26 versus INR 267.5 crore in FY25. EBITDA was INR 167.5 crore versus INR 146.9 crore. Net profit for the period was INR 89.6 crore versus INR 70.6 crore.

FY26 average sales volumes are stated as Bakrol 555 boepd, Lohar 58 boepd, Karjisan 684 boepd, Cambay 22 boepd (50% PI), and Dangeru 36 boepd (annualized as production started Aug 2025).

Plans include bringing remaining Bakrol wells on production by H1 FY27, a Cambay new well in H2 FY27, evacuation and facility additions in Gujarat assets, frac-led enhancement and evacuation debottlenecking at Dangeru, and re-perforation to assess commerciality at Duarmara.

Total assets were INR 824.09 crore and total equity was INR 655.45 crore as of March 31, 2026, per the balance sheet included in the presentation.