Selan Exploration Technology Limited (ANTELOPUS) AI Stock Analysis

Selan Exploration Technology Limited

(NSE:ANTELOPUS)

Select Model

Rating:85Outperform

Price Target:INR 1,173.00▲(16.95% Upside)

Action:reiterated

Date:09/26/26

The stock earns a high score primarily due to strong financial performance, with robust growth, high margins, and a very conservative balance sheet. Technicals show a powerful uptrend that supports the positive view, though momentum is becoming stretched. A rich valuation and volatile free cash flow from heavy capex modestly cap the upside in the score.

Positive Factors

Revenue Growth and ProfitabilityStrong multi-year revenue expansion combined with high recent margins indicates materially improved operating scale and earnings capacity. If maintained, this performance can support reinvestment in exploration and production while strengthening the company’s ability to fund growth from a larger profit base.

Negative Factors

Volatile Free Cash FlowLarge free-cash-flow swings reduce the predictability of cash available after investment requirements. The materially negative 2026 result could constrain shareholder distributions or internally funded expansion and makes strong accounting earnings less reliable as a guide to near-term cash generation.

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

Market Cap: INR 39.18B
Dividend Yield: ―
Average Volume (3M): 118.84K
Price to Earnings (P/E): 19.8
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

Revenue and net margins have grown strongly, supported by a near-zero debt balance sheet and improving ROE. Cash flow is solid but volatile due to heavy capex, slightly tempering the otherwise excellent profile.

Income Statement

92Very Positive

Balance Sheet

95Very Positive

Cash Flow

78Positive

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 Price1003.00

Price Trends

50DMA1034.96Negative

100DMA928.20Positive

200DMA770.75Positive

Market Momentum

MACD-7.93Positive

RSI44.30Neutral

STOCH18.04Positive

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 1003.00 is below the 20-day moving average (MA) of 1070.30, below the 50-day MA of 1034.96, and above the 200-day MA of 770.75, indicating a neutral trend. The MACD of -7.93 indicates Positive momentum. The RSI at 44.30 is Neutral, neither overbought nor oversold. The STOCH value of 18.04 is Positive, 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:ANTELOPUS	85Outperform	INR 35.27B	19.83	―	―	82.86%	51.58%
IN:JINDRILL	83Outperform	INR 14.37B	7.73	―	0.20%	11.72%	-19.52%
IN:SEAMECLTD	73Outperform	INR 41.19B	16.34	―	0.12%	60.32%	122.30%
IN:HINDOILEXP	66Neutral	INR 20.31B	80.49	―	―	-17.80%	-83.17%
IN:OIL	61Neutral	INR 737.67B	8.99	―	2.48%	20.37%	27.31%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
IN:DEEPINDS	54Neutral	INR 42.79B	20.97	―	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	1004.00	449.45	81.05%
IN:DEEPINDS	Deep Industries Limited	676.05	181.53	36.71%
IN:HINDOILEXP	Hindustan Oil Exploration Co., Ltd.	153.40	0.80	0.52%
IN:JINDRILL	Jindal Drilling & Industries Ltd.	511.35	-70.81	-12.16%
IN:OIL	Oil India Limited	462.80	42.12	10.01%
IN:SEAMECLTD	SEAMEC Limited	1627.75	763.82	88.41%

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