Selan Exploration Technology Limited (ANTELOPUS) AI Stock Analysis

Top Page

Selan Exploration Technology Limited

(NSE:ANTELOPUS)

Select Model

Rating:75Outperform

Price Target:INR 1,123.00▲(12.53% Upside)

Action:reiterated

Date:09/26/26

The score is driven mainly by strong financial strength (very low leverage and solid recent profitability) and strong technical momentum (price well above all key DMAs with positive MACD). Offsetting these positives are volatile free cash flow (including a large negative 2026) and a relatively high P/E (33.422) with no dividend yield provided.

Positive Factors

Revenue ExpansionRevenue rose from ~0.77B in 2021 to ~2.79B in 2026, showing substantial multi-year expansion. This scale of growth indicates stronger production or asset contribution and can support greater operating leverage, reinvestment, and resilience over the next several quarters.

Negative Factors

Volatile Free Cash FlowFree cash flow has swung between positive and materially negative outcomes, reaching -0.95B in 2026 despite strong operating cash flow. Uneven reinvestment or capital spending needs make cash available for future investment and shareholder returns less predictable.

Selan Exploration Technology Limited (ANTELOPUS) vs. iShares MSCI India ETF (INDA)

Market Cap: INR 39.18B
Dividend Yield: ―
Average Volume (3M): 118.81K
Price to Earnings (P/E): 19.7
Beta (1Y): 0.33
Revenue Growth: 82.86%
EPS Growth: 51.58%
Country: India
Employees: 78
Sector: General
Sector Strength: 55
Industry: Oil & Gas Exploration & Production

Selan Exploration Technology Limited Business Overview & Revenue Model

Company Description

Engaged in the vital domain of oil and gas exploration and production, Antelopus Selan Energy Limited has its headquarters in Gurugram, India. This entity underwent a name change in August 2025, transitioning from its former identity, Selan Explorati...

Selan Exploration Technology Limited Financial Statement Overview

Summary

Strong fundamentals overall: multi-year revenue expansion and high recent profitability (2026 gross ~50%, operating ~40%, net ~32%) plus an exceptionally low-leverage balance sheet. The main drag is cash-flow quality, with highly volatile free cash flow including a materially negative 2026 (-0.95B), reducing predictability despite strong reported earnings.

Income Statement

82Very Positive

Balance Sheet

90Very Positive

Cash Flow

58Neutral

Financial statement breakdown
Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	2.45B	2.79B	2.58B	2.58B	1.66B	1.18B
Gross Profit	1.50B	1.39B	1.52B	1.51B	912.36M	755.00M
EBITDA	1.38B	1.67B	1.35B	834.33M	687.76M	627.88M
Net Income	670.10M	896.10M	739.80M	739.84M	327.41M	308.48M
Balance Sheet
Total Assets	0	8.24B	5.76B	4.85B	4.27B	3.76B
Cash, Cash Equivalents and Short-Term Investments	1.37B	687.90M	1.37B	1.17B	747.46M	1.85B
Total Debt	0	35.50M	40.10M	40.09M	35.01M	38.40M
Total Liabilities	-4.70B	1.69B	1.06B	1.06B	907.90M	471.11M
Stockholders Equity	4.70B	6.55B	4.70B	3.94B	3.60B	3.60B
Cash Flow
Free Cash Flow	0	-945.00M	455.00M	-870.17M	277.30M	-237.69M
Operating Cash Flow	0	1.24B	1.26B	716.73M	692.60M	-178.48M
Investing Cash Flow	0	-1.20B	-1.25B	-691.35M	-717.80M	-61.27M
Financing Cash Flow	0	-8.30M	-7.80M	-7.24M	-3.80M	-79.50M

Selan Exploration Technology Limited Technical Analysis

Technical Analysis SentimentNeutral

Last Price998.00

Price Trends

50DMA1030.85Negative

100DMA926.68Positive

200DMA767.66Positive

Market Momentum

MACD-3.61Positive

RSI43.66Neutral

STOCH24.46Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:ANTELOPUS, the sentiment is Neutral. The current price of 998.00 is below the 20-day moving average (MA) of 1075.45, below the 50-day MA of 1030.85, and above the 200-day MA of 767.66, indicating a neutral trend. The MACD of -3.61 indicates Positive momentum. The RSI at 43.66 is Neutral, neither overbought nor oversold. The STOCH value of 24.46 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:ANTELOPUS.

Selan Exploration Technology Limited Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

IN:ANTELOPUS against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IN:JINDRILL	81Outperform	INR 14.37B	7.48	―	0.20%	11.72%	-19.52%
IN:ANTELOPUS	75Outperform	INR 35.27B	19.73	―	―	82.86%	51.58%
IN:SEAMECLTD	73Outperform	INR 41.19B	16.10	―	0.12%	60.32%	122.30%
IN:HINDOILEXP	65Neutral	INR 20.31B	80.63	―	―	-17.80%	-83.17%
IN:OIL	61Neutral	INR 737.67B	8.84	―	2.54%	20.37%	27.31%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
IN:DEEPINDS	54Neutral	INR 42.79B	20.69	―	0.37%	48.75%	―

* General Sector Average

Performance Comparison

IN:ANTELOPUS and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
IN:ANTELOPUS	Selan Exploration Technology Limited	998.00	424.30	73.96%
IN:DEEPINDS	Deep Industries Limited	668.65	168.90	33.80%
IN:HINDOILEXP	Hindustan Oil Exploration Co., Ltd.	153.60	2.10	1.39%
IN:JINDRILL	Jindal Drilling & Industries Ltd.	495.90	-90.75	-15.47%
IN:OIL	Oil India Limited	453.50	27.46	6.45%
IN:SEAMECLTD	SEAMEC Limited	1620.10	733.94	82.82%

Selan Exploration Technology Limited Corporate Events

Antelopus Selan Energy Allots 51,530 Shares Under ESOP 2022

Oct 17, 2026

Antelopus Selan Energy Limited has allotted 51,530 equity shares with a face value of Rs. 10 each to employees following the exercise of stock options under its 2022 Employees Stock Option Scheme. With this tranche, a total of 176,992 shares have bee...

Antelopus Selan Energy Sets September 30 Virtual AGM, Confirms Annual Report Dispatch

Sep 6, 2026

Antelopus Selan Energy Limited has notified the stock exchanges that it has completed dispatch of its Annual Report for the financial year 2025-26 to shareholders. The company also announced that its 41st Annual General Meeting will be held on Septem...

Antelopus Selan Energy Calls Digital AGM, Releases 2025-26 Annual Report

Sep 5, 2026

Antelopus Selan Energy Limited has released its Annual Report for 2025-26 and formally notified shareholders of its 41st Annual General Meeting, scheduled for September 30, 2026, at 11 P.M. The meeting will be conducted via video conferencing and oth...

Antelopus Selan Energy reshapes board committees after independent director exits

Aug 9, 2026

Antelopus Selan Energy Limited has announced that independent director Manjit Singh has ceased to hold office with effect from the close of business on August 9, 2026, following completion of his term. The company expressed appreciation for his contr...

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Sep 26, 2026

Selan Exploration Technology Limited AI Stock Analysis

Top Page