Cochin Shipyard Limited · NSE:COCHINSHIP
Cochin Shipyard — Q3 FY2019 Earnings Presentation
9 slides from Cochin Shipyard's earnings presentation, Feb 8, 2019
Slide 1: Investor Presentation - Highlights on Quarterly Results FY19 Q3
fnhfbr .....-,w ~ _2. "".1..~ ,1. to ___ (~~Cfft~::1~~,tITff~~) (A Government of India Category-1 Miniratna Company, Ministry of Shipping) SEC/48/2017 -63 February 08, 2019 To To The Manager, The Manager, Compliance Department, Compliance Department, BSE Limited, The National Stock Exchange of India
Slide 2: Financial Overview
Financial Overview COCHIN SHIPYARD LIMITED
Slide 3: Financial Highlights (Rs Crs)
FINANCIAL HIGHLIGHTS (Rs Crs) FY 19 FY 18 % FY 19 FY 18 % Particulars FY 18 Q3 Q3 Increase April-Dec April-Dec Increase Turnover 716.42 615.04 16.48% 2174.55 1754.52 23.94% 2355.12 Profit 196.95 176.06 11.87% 590.44 463.26 27.45% 604.86 Before Tax Profit After 129.72 113.76 14.03% 383.67 305.13 25.7
Slide 4: Revenue Mix (Rs Cr.) Quarterly Performance
REVENUE MIX (Rs Cr.) Quarterly Performance Particulars FY 19 FY 19 FY 18 FY 19 FY 18 YoY % (Rs cr) YoY % April-Dec FY 18 Q3 Q3 Q2 April-Dec Shipbuilding 552.07 407.71 35.41% 462.06 1468.52 1228.32 19.56% 1731.85 Ship Repair 164.35 207.33 (20.73%) 337.34 706.03 526.20 34.18% 623.27 Turnover 716.42 61
Slide 5: Key Financial Parameters
KEY FINANCIAL PARAMETERS Particulars FY19 Q3 FY18 Q3 FY19Q2 FY 19 FY 18 FY18 (INR cr) April-Dec April-Dec Networth 3237.68 3166.90 3307.58 3237.68 3166.90 3255.86 Book value / 246.14 232.97 243.32 246.14 232.97 239.51 share (Rs) Net Debt 123.00 123.00 123.00 123.00 123.00 123.00 EBITDA (%)* 29.06% 3
Slide 6: Turnover (Rs Cr) & EBITDA Margins
TURNOVER (RS CR) & EBITDA MARGINS 2500 35.00% 2355 2175 29.21% 1996 2059 28.74% 30.00% 2000 1860 26.69% 27.76% 1637 22.81% 26.35% 25.00% 1554 1462 23.71% 1500 1405 20.23% 20.45% 20.61% 20.00% 1249 1000 15.00% 10.00% 500 5.00% 0 0.00% FY10 FY11 FY12 FY13 FY14 FY15 FY16 FY17 FY18 FY19 Apr- Dec Turnove
Slide 7: Profit After Tax (Rs Cr.) & PAT Margins (%)
PROFIT AFTER TAX (Rs Cr.) & PAT MARGINS (%) 450 20.00% 397 400 17.86% 384 17.64% 18.00% 16.85% 350 15.57% 15.62% 16.00% 322 13.78% 14.00% 300 12.64% 275 12.27% 11.92% 11.86% 12.00% 250 223 228 235 194 10.00% 200 172 185 8.00% 150 6.00% 100 4.00% 50 2.00% 0 0.00% FY10 FY11 FY12 FY13 FY14 FY15 FY16 FY
Slide 8: Return Efficiencies
RETURN EFFICIENCIES Net worth (INR cr), Return on Net worth (%) 3256 3238 16% 16% 16% 15% 14% 12% 12% 2029 1732 1561 1353 1176 FY13 FY14 FY15 FY16 FY17 FY18 FY19 April-Dec Networth Return on Networth Debt Equity Ratio 0.04 Not annualised
Slide 9: Project Order Book Position 31 Dec 2018
Balance Total No. Sl. No. ORDER Project BOOK POSITION 31 Dec 2018of Vessels Total Value (INR Cr.) orders in hand (INR Cr.) 1 Indigenous Aircraft Carrier for Indian Navy 1 2848.00 403.00 2 Technology Demonstration Vessel for DRDO 1 365.00 129.14 500 Pax cum 150 Ton Cargo Vessels for A&N 3 2 480.01 21