Antelopus Selan Energy Limited reports a strong FY 2025-26, its first year as a merged entity, with PAT rising 27% to Rs 89.6 crore. Revenue grew 8% to Rs 278.9 crore, supported by a 69% surge in exit production rates. The company successfully executed its growth plan using internal accruals, maintaining a debt-free model. Investors should track the progress of gas evacuation infrastructure at the Dangeru field and ongoing drilling campaigns.
Antelopus Selan Energy FY 2025-26 Financial Performance
Profit After Tax rose 27% to Rs 8,961.36 Lakhs; Revenue climbed 8% to Rs 27,887.82 Lakhs.
Reader Takeaway: Strong operational scaling and internal funding define the year, though infrastructure bottlenecks at Dangeru field require monitoring.
What just happened
Antelopus Selan Energy has concluded its first full fiscal year following its merger, delivering a strong financial performance for FY 2025-26. The company reported a Profit After Tax (PAT) of Rs 8,961.36 Lakhs, up from Rs 7,057.45 Lakhs in the previous year. Revenue from operations also saw steady growth, reaching Rs 27,887.82 Lakhs.
Why this matters
The results highlight the successful integration of a diverse portfolio across nine contract areas and five hydrocarbon basins. Notably, the company achieved a 69% increase in exit production rates, rising to 1,879 boepd by March 2026. This operational success was achieved entirely through internal cash accruals, marking a period of disciplined, debt-free capital allocation.
Asset and Business Update
Core assets in the Cambay Basin, including Bakrol, Lohar, Karjisan, and Cambay, remain the primary production drivers. The Karjisan field saw production double during the fiscal year. Additionally, the Dangeru field in the KG Basin successfully commenced production in July 2025 following a February lease approval.
Risks to watch
Growth at the Dangeru field is currently limited by the pace of gas evacuation infrastructure development. Additionally, further field development initiatives remain contingent upon regulatory and joint venture partner approvals, which are subject to typical operational timelines.
What to track next
Investors should closely watch the 10-well drilling campaign at Bakrol and the progress of infrastructure projects at Dangeru. These developments are essential to sustaining the current production momentum throughout FY 2026-27.