Dredging Corporation Of India Limited · NSE:DREDGECORP
Dredging Corporation Of India — Investor Presentation (August 2015)
34 slides from Dredging Corporation Of India's investor presentation, Aug 16, 2015
Slide 1: Dredging Corporation of India Limited
Dredging Corporation of India Limited A Government of India Undertaking CORPORATE PRESENTATION AUGUST 16, 2015
Slide 2: Disclaimer
Disclaimer This presentation is issued by Dredging Corporation of India Limited (the “Company”) for general information purposes only, without regard to specific objectives, suitability, financial situations and needs of any particular person and does not constitute any recommendation or form part o
Slide 3: Agenda
Agenda 1 INDUSTRY OVERVIEW 2 COMPANY OVERVIEW 3 COMPANY STRENGTHS AND STRATEGIES 4 OPERATIONAL AND FINANCIAL PERFORMANCE 5 ANNEXURE
Slide 4: Industry Overview
Industry Overview Dredging is the process of excavating or removing soil or rock from below water using dredgers. The operation of dredging involves two main stages (i) the material to be removed has to be disturbed and loosened and then lifted to the water surface and (ii) every cubic meter of mate
Slide 5: Indian Dredging Market
Indian Dredging Market The increased focus on infrastructure and impetus by the government to make India a global trans- shipment hub, coupled with some of the large dredging projects already announced, reflects the high potential of the Indian dredging market. Demand Drivers Market Size ~Rs. 20,000
Slide 6: Maintenance Dredging Forecast 12th Five year Plan
Maintenance Dredging Forecast 12th Five year Plan In Million Cubic Mtrs. Port 2012-13 2013-14 2014-15 2015-16 2016-17 Total Kolkata 22.00 22.00 24.00 22.00 21.00 111.00 Paradip 6.00 6.0 6.0 6.0 6.0 30.00 Vizag 0.75 0.75 0.75 0.75 0.75 3.75 Chennai 1.20 1.20 1.20 1.20 1.20 6.00 Tuticorin - - - - - -
Slide 7: Capital Dredging Forecast 12th Five year Plan
Capital Dredging Forecast 12th Five year Plan In Million Cubic Mtrs. Port 2012-13 2013-14 2014-15 2015-16 2016-17 Total Kolkata - 20.88 - - - 20.88 Paradip 0.65 2.00 4.50 2.50 5.20 14.85 Vizag 2.92 0.58 1.35 5.00 5.50 15.35 Chennai - 7.95 4.80 3.90 - 16.65 Tuticorin 0.52 14.37 7.50 4.18 0.91 27.48 C
Slide 8: List of Major Dredging Companies operating in India
List of Major Dredging Companies operating in India Company No. Of Dredgers (as of 2014) TSHDs CSDs BackHoes Others Total Adani Ports and SEZ Ltd. 1 12 - 3 16 Boskalis Dredging India Pvt. Ltd. * 23 18 15 9 65 Chellaram Shipping Pvt. Ltd., Mumbai 2 - - - 2 Dharti Dredging and Infrastructure Ltd., - 1
Slide 9: International Dredging Companies
International Dredging Companies Company Country Royal Boskalis Westminster N.V. Netherlands Large European dredging companies Van Oord B.V Netherlands have traditionally dominated the Ballast Ham Dredging B.V Netherlands international dredging market. Europe Dredging International N.V Netherlands h
Slide 10: Agenda
Agenda 1 INDUSTRY OVERVIEW 2 COMPANY OVERVIEW 3 COMPANY STRENGTHS AND STRATEGIES 4 OPERATIONAL AND FINANCIAL PERFORMANCE 5 ANNEXURE
Slide 11: Company Overview
Company Overview Established in 1976 as a Public Sector Undertaking (“PSU”) under the administrative control of the Ministry of Shipping to provide integrated dredging services to India’s Major Ports, Non-Major Ports, Shipyards and Indian Navy in the form of maintenance dredging, capital dredging, r
Slide 12: Milestones
Milestones Date Milestone March 1976 Incorporated as Public Sector Undertaking March 1992 Disinvestment of 1.44% shareholding by the GoI October 1992 Listing of the equity shares on the BSE, CSE and DSE November 1999 Conferred with “Mini Ratna - Category - I public sector enterprise” status by GoI J
Slide 13: Board of Directors
Board of Directors Mr. Rajesh Tripathi , aged 54 years, is the Chairman & Managing Director (CMD) of the Company since February 2015 . He Mr. Rajesh worked with Ministry of Railways prior to Joining DCI. Tripathi He is 1982 batch Indian Railways Services Engineering (IRSE) Officer. He holds Mast
Slide 14: Major Completed Projects | Maintenance Dredging
Major Completed Projects | Maintenance Dredging Quantity Sr. Dredged Amount Name of the work Period No. (Mn. Cubic (Rs. Million.) Mtrs.) Dredging in the Approach Channels at Haldia & 1 2005-2015 228.00 31,200 Kolkata 2006-07 & 2 Dredging of channels and Basins at Cochin Port 93.80 5,004 2011-2015 Dr
Slide 15: Major Completed Projects | Maintenance Dredging
Major Completed Projects | Maintenance Dredging Quantity Sr. Dredged Amount Details of Project Period No. (Mn. Cubic (Rs. Million.) mtrs) Dredging of Haldia Oil Jetties in the vicinity of 8 2012-2015 3.60 510 Haldia Dock Complex Dredging in Approach Channel & Anchorage 9 2005-2008 3.00 398 of Jawaha
Slide 16: Major Completed Projects | Capital Dredging
Major Completed Projects | Capital Dredging Sr. Quantity Dredged Amount Details of Project Period No. (Mn. Cubic. Mtrs.) (Rs. Million.) 1 Deepening of Channel at Paradip Port 2008-10 15.88 2479 2 Dredging at Kamarajar Port Phase-II 2011-12 6.50 1041 3 Dredging in Navigational Channel of Kandla Port
Slide 17: Agenda
Agenda 1 INDUSTRY OVERVIEW 2 COMPANY OVERVIEW 3 COMPANY STRENGTHS AND STRATEGIES 4 OPERATIONAL AND FINANCIAL PERFORMANCE 5 ANNEXURE
Slide 18: Key Strengths
Key Strengths Profitable Business Premier and Flexible the only PSU portfolio of dredging dredging company in assets India DCIL Strong Mini Ratna relationships Category I with PSU Customers Established track record Dredging Corporation of India Limited - A Government of India Enterprise 18
Slide 19: Competitive Strengths
Competitive Strengths A premier and the only PSU dredging company in India. Only PSU dredging Preferred dredging company for Major Ports and Indian Navy. company in India Has been in dredging business since 1976 catering to the dredging requirements of the Major Ports & Indian Navy. Operates
Slide 20: Key Strategies
Key Strategies Enhancement of market share in maintenance dredging and more Strategic alliances through long participation in capital dredging term contracts with major ports in India Coastal Dredging/ Inland Project Management Dredging Consultancy Making forays in foreign dredging market` Optimize
Slide 21: Diversification Plan of DCI
Diversification Plan of DCI Coastal Shipping The forecasted economic growth for India is expected to transcend to the shipping industry which in turn is expected to post high growth. This would result in increase in the number of dredging (shipping) vessels servicing the Indian shores, which would r
Slide 22: Diversification Plan of DCI
Diversification Plan of DCI Soil Trading This area is very nascent and not particularly well developed in India currently, although international majors have diversified into this area. The growth potential and entry barriers would largely depend on the market dynamics in future Civil Construction A
Slide 23: Dredger Fleet of DCI
Dredger Fleet of DCI Sr. Name of the Year of Hopper Max. Draft Max. Dredging No. Vessel built Capacity Cu.M in Mtrs. depth in mtrs. 1 DCI DREDGE -VI 1975 3770 6.30 22 2 DCI DREDGE-VIII 1977 6500 8.50 25 3 DCI DREDGE-IX 1984 4500 7.50 25 4 DCI DREDGE -XI 1986 4500 7.50 25 5 DCI DREDGE-XII 1990 4500 6
Slide 24: Fleet of DCI
Fleet of DCI Cutter Suction Dredgers (CSDs) Total Max. Max. Pumping Max. Sr. Installed Dredging Name of the vessel Year of built distance in Draft in No. Power in Kw depth in Mtrs. Mtrs. . Mtrs 1 DCI DREDGE -VII 1976 3000 6,315 2.50 22 2 DCI DREDGE -AQUARIUS 1977 6000 12,909 4.85 25 3 DCI DR-XVIII 2
Slide 25: Agenda
Agenda 1 INDUSTRY OVERVIEW 2 COMPANY OVERVIEW 3 COMPANY STRENGTHS AND STRATEGIES 4 OPERATIONAL AND FINANCIAL PERFORMANCE 5 ANNEXURE
Slide 26: Financial Snapshot
Financial Snapshot (Rs. in million) Particulars June 15 FY15 FY14 FY13 FY12 FY11 Networth -- 14,743 14,234 13,957 13,817 13,686 Long Term Debt -- 10,387 11,144 7,771 2,600 -- Current Liabilities -- 3,702 4132 3,439 2,123 2,706 Current Assets -- 8,369 8,456 9,399 7,810 9,459 Total Revenue 1,704 7,438
Slide 27: Operational Efficiency | Capacity Utilisation
Operational Efficiency | Capacity Utilisation Year Dredging Days Quantity (Mln Cu.M) Actual % Utilisation Actual % Utilisation 2012-13 2956 88% 59.3 80% 2013-14 3232 83% 74.0 91% Source: Company Website Dredging Corporation of India Limited - A Government of India Enterprise 27
Slide 28: Thank You
Thank You Registered Office: Core-2,1st Floor, 'Scope Minar’, Plot No.2A & 2B, Laxmi Nagar Dist. Centre, Delhi-110091 Tel. No.: +91 011 2244 8528; Fax: +91 011 2244 8527 Corporate Office: “Dredge House”, Port Area, Visakhapatnam- 530 035, Andhra Pradesh Tel. No.: +91 0891 2523250; Fax: +91 0891 2560
Slide 29: Agenda
Agenda 1 INDUSTRY OVERVIEW 2 COMPANY OVERVIEW 3 COMPANY STRENGTHS AND STRATEGIES 4 OPERATIONAL AND FINANCIAL PERFORMANCE 5 ANNEXURE
Slide 30: Fleet of DCI- TSHDs
Fleet of DCI- TSHDs Length Overall 104.0 M Breadth 15.50 M Draft 6.31 M Speed in Knots 10 Hopper Capacity 3770 M3 Dredge VI Propulsion Power 2 X 1700 HP Dredging Power 2 X 1200 HP Maximum Dredging Depth 22.00 M Gross Tonnage 3802 Official Call Sign 1641 ATNA Inmarsat Id 44195 6410 Length Overall 124
Slide 31: Fleet of DCI- TSHDs
Fleet of DCI- TSHDs Length Overall 110.31 M Breadth 21.00 M Draft 5.50 M Speed in Knots 13.00 Hopper Capacity 4500 M3 Dredge XII Propulsion Power 2 X 3887 HP Dredging Power 2 X 1005 HP Maximum Dredging Depth 22.00 M Gross Tonnage 6355 Official Call Sign 2406 VTTM Inmarsat Id 44195 6810 Length Overal
Slide 32: Fleet of DCI- TSHDs
Fleet of DCI- TSHDs DCI DREDGE- XX Length Overall 114.00 M Breadth 21.30 M Draft 7.50 M Speed in Knots 14.10 Hopper Capacity 5500 M3 Propulsion Power 2 X 4100 HP Dredging Power - Maximum Dredging Depth 25.00 M Gross Tonnage 6970 Official Call Sign 3760 AVID Inmarsat Id 41900 0189 DCI DREDGE- XXI Len
Slide 33: Fleet of DCI- CSDs
Fleet of DCI- CSDs DCI DREDGE- AQUARIUS Length Overall 107.00 M Breadth 19.00 M Draft 7.60 M Draft (Dredging) 4.85 M Speed in Knots 14.10 Installed power 12,909 Kw Dredging Power - Max. Pumping 6000 M Maximum Dredging Depth 25.00 M Gross Tonnage 2094 Official Call Sign 2461 VTXM * Self Propelled CSD
Slide 34: Fleet of DCI
Fleet of DCI DCI DREDGE- XVIII Length Overall 88.00 M Breadth 16.00 M Draft 3.00 M Installed power 10,662 Kw Cutter Power 1600 Kw Dredging Power - Max. Pumping 3000 M Maximum Dredging Depth 25.00 M DCI BACKHOE I Length 55.68 M Breadth 16.00 M Depth 3.50 M GRT 977 NRT 293 Maximum Dredging Depth 21.50
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