Essar Shipping Limited. · NSE:ESSARSHPNG
Essar Shipping — Essar Ports — Q1 FY2014 Earnings Presentation
13 slides from Essar Shipping's earnings presentation, September 2013
Slide 1: Essar Ports Limited Performance Update
Essar Ports Limited Performance Update Quarter ended June 2013
Slide 2: Essar Ports: One of the Largest Port Companies in India
Essar Ports: One of the Largest Port Companies in India Current capacity of 104 MMTPA to be scaled up to 181 MMTPA Operational 58 MTPA Liquid Terminal at Vadinar 30 MTPA Dry Bulk / General Cargo Terminal at Hazira 16 MTPA Dry Bulk Terminal at Paradip Vadinar Under Construction Salaya Paradip I (Dry
Slide 3: Cargo Trends for Major Ports in India
Cargo Trends for Major Ports in India Major Ports in India (Traffic in MMT) Top gainers Q1FY13 Q1FY14 Gain Traffic improved significantly for some of the Paradip 11.74 17.00 44.8% ports like Paradip, Ennore, Kandla, etc on Ennore 4.18 6.19 48.4% account of higher imports of coal and POL. New Mangalo
Slide 4: Key Highlights
Key Highlights (Figures in Rs Cr) Essar Ports has won the bid for the development of three iron ore berths at Visakhapatnam Port for 30 years The three berths have a combined capacity of 23 MMTPA. Two of the berths are in operational condition and will contribute to our revenues post signing of conc
Slide 5: Vishakapatnam Terminal
Vishakapatnam Terminal Outer Harbour Inner Harbour Infrastructure Berth: 295m X 2 berths; Draft: 21m Berth: 280m; Draft: 14m Capacity 16.2 MMTPA 6.8 MMTPA Cargo Iron ore Iron ore Project status Berths already operational. Upgradation to Mechanization to start 1 year after start on signing of concess
Slide 6: Vadinar: Highlights
Vadinar: Highlights Cargo Handled Q1 Q1 Growth Growth 9.98 FY13 FY14 % FY12 FY13 % 10 9.07 Cargo (MMT) 9.07 9.98 10% 31.21 39.82 28% 9 No. of Ships 89 99 11% 271 405 49% 8 7 6 Completed 2471 LTI Free Days as on 30th June’2013. 5 4 During the quarter, Vadinar received certificate of Appreciation from
Slide 7: Hazira: Highlights
Hazira: Highlights Cargo Handled Q1 Q1 Growth Growth FY13 FY14 % FY12 FY13 % 3.58 3.61 4.0 Cargo (MMT) 3.58 3.61 1% 12.02 14.15 18% 3.0 No. of Ships 69 71 3% 243 268 10% 2.0 Hazira terminal is certified by IRQS for International standards in Quality, Health, 1.0 Safety and Environment Sheet Piling w
Slide 8: Paradip Dry Bulk: Successful operations
Paradip Dry Bulk: Successful operations Consistently achieved vessel turnaround time of less than 24 Q1FY14 FY13 hours for loading cargo of 50,000 Tonnes at the berth Cargo (MMT) 0.50 0.55 Average load rates of 3450 TPH achieved at the terminal No. of Ships 10 10 Terminal achieved a total of 1 Milli
Slide 9: Salaya: Progress
Salaya: Progress Construction work at Salaya Project progress: 60% completed . Expected COD: Mar 2014 Piling and Decking works completed for Jetty Approach trestle to Jetty completed. Bund work in progress Ship loader and one unloader erection complete, 2nd unloader erection is under progress Stacky
Slide 10: Increasingly diversified cargo split and higher volumes
Increasingly diversified cargo split and higher volumes Q1 FY13 Q1 FY14 Breakbulk/Projec Breakbulk/C t Cargo, 0.37 ontainers, 0.37 Dry Bulk, 3.74 Dry Bulk, Crude (SPM), 3.21 Crude 4.00 (SPM), 3.63 Liquid Liquid Intermediate, Intermediate, 1.60 1.60 Liquid Product Liquid Product (Jetty), 3.14 (Jetty)
Slide 11: Strong growth in performance
Strong growth in performance Revenue (Rs Crore) EBITDA (Rs Crore) 450.0 600.0 327.9 403.7 271.3 330.3 300.0 220.3 400.0 278.5 150.0 200.0 0.0 0.0 Q1 FY12 Q1FY13 Q1 FY14 Q1 FY12 Q1FY13 Q1 FY14 Revenue EBITDA PAT (Rs Crore) EPS (Rs per Share) 120.0 101.4 3.00 2.37 68.5 1.65 80.0 2.00 39.6 0.96 40.0 1.
Slide 12: Financial Performance
Financial Performance (Figures in Rs Crore) Highlights Q1 FY14 Q4FY13 Q1FY13 FY13 Revenue increase on account of Total Income 403.7 389.9 330.3 1434.6 increased off-take from anchor customers and higher take or pay Total Expenses 75.7 89.3 59 280.7 numbers EBITDA 327.9 300.6 271.3 1153.9 Quarter on
Slide 13: Legal Disclaimer
Legal Disclaimer “This presentation is for information purposes only and does not constitute an offer, solicitation or advertisement with respect to the purchase or sale of any security of Essar Ports Limited (the “Company” or “EPL” or “Essar Ports Limited”) and no part of it shall form the basis of