Cochin Shipyard Limited · NSE:COCHINSHIP

Cochin Shipyard — Q2 2019-20 Earnings Presentation

16 slides from Cochin Shipyard's earnings presentation, Nov 26, 2019

  1. Slide 1: Cochin Shipyard Limited cover letter to exchanges

    COCHIN SHIPYARD UMITED (A Government of India Category-l Miniratna Company, Ministry of Shipping) November 26, 2019 SEC/48/2017-63 To To The Manager, The M_anager, Compliance Department, Compliance Department, BSE Limited, The National Stock Exchange of India Ltd., Phiroze Jeejeebhoy Tower, Exchange

  2. Slide 2: Cochin Shipyard Limited Investor Presentation - Q2 2019-20

    Cochin Shipyard Limited Investor Presentation- Q2 2019-20 कोचीन शिपयार्ड शिशिटे र् Cochin Shipyard Limited India’s premier Shipyard

  3. Slide 3: Important operational events for Q2 2019-20

    Important operational events for Q2 2019-20

  4. Slide 4: Highlights - Shipbuilding

    Highlights - Shipbuilding  IAC Phase III contract signed on October 31, 2019;  Launched 2 x RO-PAX Vessels for IWAI, commenced steel cutting for 8000T Cargo Vessel for JSW group, commenced block erection for 2 x RO-PAX Vessels and laid keel for Marine Ambulance Boat for Department of Fisheries, Go

  5. Slide 5: Highlights – Ship Repair

    Highlights – Ship Repair Major Projects undertaken during the Quarter ended September 30, 2019 Sailed off  M V Nancowry - SCI  INS Jyoti - Indian Navy  INS Sarvekshak - Indian Navy  INS Nireekshak - Indian Navy  INS Kalpeni - Indian Navy  MV Skipper II - CIFNET Under Repair  INS Sharda - Indi

  6. Slide 6: Infrastructure Projects - New Dry-Dock

    Infrastructure Projects New Dry-Dock • 310 Mtr x 75/60 Mtr x 13Mtr & Other Allied Facilities • Estimate - Rs 1799 crores # Phase 1 Targeted Completion : 2021-22 • Construction of Complex, Technology Intensive large vessels such as LNG Carriers, Offshore Drillships, Aircraft Carriers, Offshore Rigs,

  7. Slide 7: Infrastructure Projects - ISRF Shiplift

    Infrastructure Projects ISRF • Shiplift : 130 Mtr x 25 Mtr x 6000 T with 4 work stations • Estimate : Rs 970 crores # Phase 1 Target Completion : 2020-21 • Repair of 80 additional vessels a year. Increase in Repair throughput by around 70% • Status – Construction works commenced on November 17, 2017

  8. Slide 8: Financial Overview

    Financial Overview

  9. Slide 9: Revenue Mix (Rs Cr.)

    REVENUE MIX (Rs Cr.) Standalone Consolidated Particulars FY 19 QoQ FY 20 FY 20 FY 19 % FY 20 FY 20 Q2 FY 19 FY 19 Q2 % Q1 April-Sep April-Sep increase April-Sep Shipbuilding 788.01 462.06 71% 602.08 1390.09 916.45 52% 2130.18 1390.09 2130.18 Ship Repair 183.19 337.34 (46%) 133.36 316.55 541.68 (42%)

  10. Slide 10: Key Financial Parameters

    KEY FINANCIAL PARAMETERS Standalone Consolidated Particulars FY 19 FY 20 FY 20 FY 19 % FY 20 FY 20 Q2 QoQ % FY 19 FY 19 Q2 Q1 April-Sep April-Sep increase April-Sep Turnover 971.20 799.40 21% 735.44 1706.64 1458.13 17% 2962.16 1706.64 2962.16 (Rs Crs) Profit Before 262.56 232.29 13% 186.48 449.04 39

  11. Slide 11: Key Financial Parameters

    KEY FINANCIAL PARAMETERS Standalone Consolidated Particulars FY 20 FY 19 FY 20 FY 19 FY 19 April-Sep April-Sep April-Sep Net worth (Rs Crs) 3453.93 3307.58 3332.08 3448.18 3328.64 Book value / share (Rs) 262.58 243.32 253.31 262.14 253.05 Net Debt (Rs Crs) 123.00 123.00 123.00 123.00 123.00

  12. Slide 12: Turnover (Rs Crs) & EBITDA Margins (%)

    TURNOVER (Rs Crs) & EBITDA MARGINS(%) 3500 35.00% 27.00% 3000 2962 29.00% 30.00% 26.69% 23.71% 2355 22.81% 2500 20.61% 27.76% 25.00% 20.45% 26.35% 1996 2059 2000 1860 20.00% 20.23% 1637 1707 1554 1462 1405 1500 15.00% 1000 10.00% 500 5.00% 0 0.00% FY11 FY12 FY13 FY14 FY15 FY16 FY17 FY18 FY19 FY20 H1

  13. Slide 13: Profit After Tax (Rs Cr.) & PAT Margins (%)

    PROFIT AFTER TAX (Rs Cr.) & PAT MARGINS (%) 600 20.00% 19.00% 18.00% 500 481 15.57% 16.25% 16.00% 13.78% 15.62% 16.85% 397 14.00% 400 12.27% 11.92% 12.64% 11.86% 322 328 12.00% 300 275 10.00% 228 235 8.00% 185 194 200 172 6.00% 4.00% 100 2.00% 0 0.00% FY11 FY12 FY13 FY14 FY15 FY16 FY17 FY18 FY19 FY2

  14. Slide 14: Return Efficiencies

    RETURN EFFICIENCIES Net worth (Rs Crs), RoE (%) 3454 16% 16% 3332 16% 3256 15% 14% 14% 12% 2029 1732 1561 1353 1176 FY13 FY14 FY15 FY16 FY17 FY18 FY19 FY20 H1 Networth Return on Networth

  15. Slide 15: Current Order book position

    Current Order book position Balance Sl. Total No. Total Value orders in Project Owner % Completed No. of Vessels (INR Cr.) hand (INR Cr.) 1 Indigenous Aircraft Carrier - Phase II 2848.00 93% 195.80 2 Indigenous Aircraft Carrier - Phase III Indian Navy 1 3235.00 9% 2931.95 3 Indigenous Aircraft Carri

  16. Slide 16: Q E =| & Zz ; widia Prosar ferfies

    Q E 2 =| 3 & 5 Zz ; widia Prosar ferfies

Cochin Shipyard — Q2 2019-20 Earnings Presentation on 6ix