Mazagon Dock Shipbuilders Ltd. · NSE:MAZDOCK
Mazagon Dock Shipbuilders — Q3 FY2023-24 Earnings Presentation
21 slides from Mazagon Dock Shipbuilders's earnings presentation, Feb 12, 2024
Slide 1: Stock exchange disclosure cover letter
ee wey STE Vy TT (SRA AeHle hl TaHA) Mazagon Dock Shipbuilders Ltd. (Formerly Mazagon Dock Limited) (A Govt. of India Undertaking) CIN : £.35100MH1934G01002079 Berend 2s, AleMtia, ATS - 400 010 Dockyard Road, Mazagon, Mumbai - 400 016 Certified - ISO 9001-2015 Gaal wari Ref. No. fate Date Ref: SEC/M
Slide 2: Investors Presentation December-2023
Mazagon Dock Shipbuilders Limited Azadi xa (Government Of India, Ministry Of Defence) Amrit Yahotsav Investors Presentation December-2023 Ship & Submarine Builders To The Nation Sabr ka Imphal _ meetha S2G) hota hai! “A 202023 3 INDIA ONE EARTH * ONE FAMILY * ONE FUTURE A <= Keeps you ship-shape ———
Slide 3: MDL Overview
MDL Overview areletr-lm =) acel eircom al ali ael as Dividend Distribution Major Awards
Slide 4: Slide 4
Slide 5: The Proud Journey So Far
THE PROUD JOURNEY SO FAR 2023 ¢ Ath Stealth Frigate Project 17A Mahendragiri Launched on 1°t September * Delivered 5 Submarines between 2017-22 * Commissioned INS Imphal a Third Distroyer on 26 December * Delivered 3 Destroyers, one each in 2021,2022 & 2023 2020 * SB/SM Division ISO 9001:2015 Certif
Slide 6: Orders received and key facts
Orders ola, Received India’s only shipyard to have built Destroyers, Worth > Rs. 6000 Cr. conventional Submarines during the year for the Indian Navy. Kalvari Class 802 Vessels Delivered since 1960, Submarines of which 28 Project Warships from Delivered 5 advanced Destroyer to Submarines between Mis
Slide 7: Increase in Indigenization of Warships
INCREASE IN INDIGENIZATION OF WARSHIPS Set up a dedicated “Make in India” Department for Indigenization ¥ Sonar Dome Indigenization has Y Ship installed chemical agent detection reduced reliance on 34 system party component Y Bridge window glass iE ical e le Y Main batteries for Kalvari Submarines Y
Slide 8: Key Investment Highlights
KEY INVESTMENT HIGHLIGHTS Only Public Sector World Class Defence Shipyard Infrastructure Constructing Destroyers & Capacity of 11 AU Yarrelelatesy Submarines & 10 War Ships concurrently Steerer}NT do (ICN! =! Located pom aceiie NAT Strong Order Book fag 6 more than 15 years 3 Indigenization o Consis
Slide 9: Naval Platforms, Merchant Ships, Oil Sector
Naval Platforms Merchant Ships Oil Sector Destroyers General Cargo Vessel “*¢ Offshore Platforms “ O OC O Conventional Submarines Multipurpose Support Vessel ** Jack-up rigs O ~ OC O Frigates Offshore Supply vessel O ~ O Corvettes ~ ab Tess 7 O OC O Missile Boat Dygqlefx-165 “~° O ~ O Offshore Patro
Slide 10: Quarterly Performance (Standalone) Q3 FY 2023-24
nan QUARTERLY PERFORMANCE (STANDALONE) Q3 of FY 2023-2477 Revenue From Operation (2 in Cr) Azo, A 32% EBITDA (3 in Cr) A 1% Total Income (2 in Cr) A 26% 2362 A 29% 900 2500 3000 2631 A 85% 800 2000 1816 1828 2500 1992 2088 700 2000 600 1500 500 1500 400 1000 1000 300 500 200 500 100 = Q3 2023-2024 @
Slide 11: Quarterly Performance (Consolidated) Q3 FY 2023-24
QUARTERLY PERFORMANCE (CONSOLIDATED) Q3 of FY 2023-24 . . 30% A 32% Revenue from Operation (2 in Cr) A 30% Total Income (% in Cr) A EBITDA (% in Cr) A 71% 2500 2362 A 29% 3000 2631 27% 1000 A 9 808 89% 2000 1816 1828 2500 800 2000 1500 600 472 428 1500 1000 400 1000 500 500 ———— a ————— 0 a .0 7 = Q
Slide 12: Nine Months Performance (Standalone)
NINE MONTHS PERFORMANCE (STANDALONE) xX REVENUE FROM OPERATION (2 in Cr) A 11% TOTAL INCOME (8 in Cr) A 14% ° 7500 EBITDA (%inCr) A °4% 6363 7200 7125 1800 1649 6500 5749 7000 1600 5500 6800 1400 1200 1068 4500 6600 000 1000 3500 6230 800 6200 600 2500 6000 on 1500 5800 200 5600 —E EE 0 J a 500 = Q3
Slide 13: Nine Months Performance (Consolidated)
NINE MONTHS PERFORMANCE (CONSOLIDATED) Revenue From Operation (2 in Cr) Anu Total Income (% in Cr) A 14% EBITDA (2 in Cr) A 54% 7000 8000 1700 1640 6363 7116 5749 7000 6000 6224 1500 6000 5000 1300 5000 1063 4000 1100 4000 3000 900 3000 2000 2000 700 1000 1000 500 ™ Q3 2023-2024 = Q3 2022-2023 = Q3
Slide 14: Nine Months Performance: Net Worth and Net Working Capital
NINE MONTHS PERFORMANCE STANDALONE CONSOLIDATED Net worth (% in Cr) Net worth (2 in Cr) 6000 6000 5581 4917 5000 5000 3860 4000 4000 3000 3000 2000 2000 1000 1000 / = Q3 2023-2024 @ Q3 2022-2023 = Q3 2023-2024 # Q3 2022-2023 Net Working Capital (2 in Cr) Net Working Capital (% in Cr) 3500 3500 2866
Slide 15: Strong Order Book
STRONG ORDER BOOK Particulars Project Value Nos. Client Value Nos. (Pending (INR Cr) (Contracted) (INR to be Cr) delivered) Shipbuilding P15B Destroyers 32081 4 MoD 12269 1 P17A Stealth Frigates 24292 4 MoD 16482 4 Others 3581 3567 Submarine and heavy engineering P75 Kalvari Submarines 28680 6 MoD 3
Slide 16: Dividend Distribution
DIVIDEND DISTRIBUTION oc "@ MAZAGON DOCK sHPBUNLDERS UniTe> a MDL has handed over interim dividend cheque of Rs.262.45 aoe aes I “f@ crore for the FY 2023-24 to Hon’ble RM Shri Rajnath Singh in =... ee > presence of AS (DP) Mr. T Natarajan & JS (NS) Mr. R Prakash. Total Interim Dividend declared by
Slide 17: Major Events
MAJOR EVENTS signed a contract with European Client for construc of three units of 7,500 DWT Multi Purpose Hybrid Powe European Client. Valued approximately 42 million US ill be delivered within the next three years. OFFSHORE {. PLATFORMS as signed a contract with MDL for Part Replacement of Order V
Slide 18: Major Events
MAJOR EVENTS Sabr ka Imphal meetha hota hail issioning of INS IMPHAL on 26th December 2023 in prese e Defence Minister of India - Shri Rajnath Singh. s ay paps = 1 a iA) L =) Lp as ap i " Z » NG PB Ny as signed a contract with Acquisition wing of Ministry of Defe uction and Delivery of six Next Gene
Slide 19: Major Awards in Current FY
MAJOR AWARDS IN CURRENT FY CSR Excellence in Healthcare Initiative by Brands Global Media at India CSR & Sustainability Conclave 2023 on 4th Sept 2023. National Award for Excellence in CSR & Sustainability under “Concern for Health” Category by Asia HRD Congress on 15th Sept LO Aee
Slide 20: Major Awards
MAJOR AWARDS & mo - ita EL ‘ rR “oF E ry MBIA Se sales WT ‘The Patent Office, Government OF Tadia Q@e wart aq | Patent Certificate ¢S2z Prveset rrr) | Rule 74 of The Patents Reels) er 4. / Patent No. =» | SESOTO. cats 7. / Appication No. cones SAIS YOOBIAS eax Fe3 St priter/Date of Filing eae ee 22
Slide 21: Thank You
THANK YOU
Mazagon Dock Shipbuilders — Q3 FY2023-24 Earnings Presentation on 6ix