Essar Shipping Limited. · NSE:ESSARSHPNG
Essar Shipping — Q4 FY2012 Earnings Presentation
21 slides from Essar Shipping's earnings presentation, April 2012
Slide 1: Essar Shipping Ltd Performance Update
Essar Shipping Ltd Performance Update 31st March 2012 1
Slide 2: Essar Shipping
Essar Shipping VLCC – MT Smiti Semi-submersible – Essar Wildcat Land Rig – LR#4 Land Logistics 2
Slide 3: Essar Shipping – Overview
Essar Shipping – Overview Shipping Oilfields Services Logistics Fleet of 27 vessels, DWT of 2.04 Mn Land Logistics 2 modern Double Hull VLCCs 1 Semi Submersible offshore rig Operates fleet of 5,000 chartered trucks 6 Capesize ships 12 Land Rigs 220 owned trailers and tippers 4 Mini-Capesize Ship 2 n
Slide 4: Sea Transportation
d ESSAR’ Sea Transportation
Slide 5: Sea Transportation – Industry Outlook
Sea Transportation – Industry Outlook Spot markets expected to continue being volatile, VLCC day rates have picked-up picked Essar Shipping is hedged against spot markets volatility through time charters and CoA’s (USD / day) 2009 2010 2011 2012 VLCC Average Earnings 32,009 37,929 16,856 31,083 Cape
Slide 6: Sea Transportation – Key Operational Highlights
Sea Transportation – Key Operational Highlights Took Delivery of 4 Mini-Capesize Mini dry bulk carriers of 105,000 Dwt each, MV Kamlesh in the month of December 2011, MV Arun in February 2012, MV Ishwari in March 2012 and MV Shravan in April 2012. Average age of the fleet has reduced to 13.56 yrs fr
Slide 7: A Global List of Clients
d A Global List of Clients ESSAR’ @HANJIN @ BAOSTEEL et SAIL a @ptt — =ssast ESSAR” e IndianOil OIL & GAS Reliance bp Industries Limited = ESSAR Shell STEEL
Slide 8: Oilfields Services
d ESSAR’ Oilfields Services
Slide 9: Oilfields Services – Industry Outlook
Oilfields Services – Industry Outlook Markets have been improving for both floaters and Jack Ups 3G Semi-submersible submersible markets have been steady and expected to recover further Projections of USD 160,000 have been made in the Jack Up markets, suggesting strong recovery for high spec assets
Slide 10: Oilfields Services – Key Operational Highlights
Oilfields Services – Key Operational Highlights Successfully deployed Essar Wildcat post extensive refurbishment and upgrade at Singapore Essar Wildcat deployed for an 18 month contract with Conoco Phillips in Indonesia starting from October 2011 at a day-rate rate of USD 285,000, one of the highest
Slide 11: Oilfield Services – A Global List of Clients
Oilfield Services – A Global List of Clients 1
Slide 12: Logistics
d ESSAR’ Logistics
Slide 13: Logistics – Industry Outlook
Logistics – Industry Outlook India has one of the highest logistics costs among emerging Logistics Cost Comparison across Regions economies thus creating a huge demand for 3PL and 4PL logistics services Logistics Logistics by Region Road transportation accounts for 70% of the total cargo moved, in C
Slide 14: Logistics – Cargo Handled
Logistics – Cargo Handled In Lac Tonnes 50 45 1.08 0.95 1.19 0.97 COAL 40 1.08 0.6 35 ESPF-Domestic & Exports 30 OCEAN FREIGHT 25 29.46 27.26 LIGHTERAGE 20 OIL 15 10 INTERCARTING 5 10.7 10.75 STEEL-ROAD 0 Q4FY2012 Q4FY2011 1
Slide 15: Essar Shipping – Financial Performance
Essar Shipping – Financial Performance 1
Slide 16: Essar Shipping – Financial Performance
Essar Shipping – Financial Performance (Sea Transportation, Oilfields Services, Logistics) Sea Transportation Oilfields Services Logistics In ` crore In ` crore In ` crore 1,400 Revenue Revenue Revenue 1,283 450 1,400 414 1,286 1,200 400 1,158 1,055 353 1,200 1,000 350 1,000 300 800 800 250 681 600
Slide 17: Financial Highlights by Business Segment
Financial Highlights by Business Segment In ` crore EBITDA for FY2012 Revenue for FY2012 In ` crore Logistics 68.1 8% Sea Logistics Transportation 1157.8 1282.7 41% Oilfields 45% 232.9 29% Sea Transportation 512.5 Oilfields 63% 414.0 14% Sea Transportation Oilfields Logistics Sea Transportation Oilf
Slide 18: Essar Shipping – Consolidated Financial Performance
Essar Shipping – Consolidated Financial Performance ESSAR SHIPPING LIMITED (CONSOLIDATED) (INR Crore) INR Crores As on March 31st 2012 Q4 FY12 Q4 FY11 FY12 FY11* FY11** Income Networth 5,495.7 Operating and Chartering Earnings 679.88 549.10 2,398.14 1,107.95 2,138.95 Oilfields Services Income 145.68
Slide 19: Essar Shipping Management Team
Essar Shipping Management Team Mr. Ramakrishnan is a Mechanical Engineer and a Post Graduate from IIM Calcutta. With over 32 years of rich experience in the industry, Mr. Ramakrishnan has been associated with the Essar Group since 1992 when he joined the Group as a Business Analyst. Prior to taking
Slide 20: Analyst Contacts
Analyst Contacts Mr. Vikram Gupta CFO Essar Shipping Limited Tel: + 91 22 6660 1504 / + 91 98197 31424 Email: vikram.gupta@essar.com Mr. Anshumali Dwivedi Head – Investor Relations Essar Shipping Limited Tel: + 91 22 6660 1100 (Extn 1544) / + 91 98339 45648 Email: anshumali.dwivedi@essar.com Mr. Mur
Slide 21: 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 Shipping Limited (the “Company” or “ESL” or “Essar Shipping Limited”) and no part of it shall form the ba