Dolphin Offshore Enterprises India Ltd. · NSE:DOLPHIN
Dolphin Offshore Enterprises India — Q3 FY2011 Earnings Presentation
12 slides from Dolphin Offshore Enterprises India's earnings presentation
Slide 1: Presentation – Q3FY11
INTEGRATED ONSHORE, OFFSHORE = & MARINE SERVICES a: ee. DOLPHIN OFFSHORE ENTERPRISES [INDIA] LID. The Pursuit of Excellence Presentation — Q3FY11
Slide 2: Disclaimer
Disclaimer • This presentation may contain certain forward looking statements concerning Dolphin Offshore Enterprises (India) Limited’s (DOEIL) future business prospects and business profitability, which are subject to a number of risks and uncertainties and the actual results could materially diffe
Slide 3: Performance Highlights – Q3FY11
Performance Highlights – Q3FY11 Rs crore Q3FY11 Q3FY10 Income from operations 67.86 187.32 EBITDA 11.07 35.70 Other income 1.25 0.05 PBT 8.20 32.59 PAT 5.19 21.50 EPS (Rs) - Basic 3.20 14.37 - Diluted 3.20 12.83
Slide 4: Performance Highlights – 9M,FY11
Performance Highlights – 9M,FY11 Rs crore 9M,FY11 9M,FY10 Income from operations 196.63 413.58 EBITDA 24.89 76.61 Other income 1.66 1.89 PBT 16.02 67.50 PAT 10.67 44.55 EPS (Rs) - Basic 6.70 31.88 - Diluted 6.70 29.80
Slide 5: Business Highlights
Business Highlights • During the previous quarters, the company had undertaken significant additional work for two EPC contracts resulting in extra time and costs • As a prudent measure revenue of Rs 33.6 crore, only a portion of the total claim submitted, had been booked as revenues so far while th
Slide 6: Business Highlights
Business Highlights • The total value of liquidated damages as on December 31, 2010 was Rs 26.73 crore of which only Rs 2.84 crore is pertaining to the current year • As the company believes that the liquidated damages will be waived off, no provision has been made for the same • During the quarter,
Slide 7: Operating Cost Summary
Operating Cost Summary Rs crore Q3FY11 Q3FY10 Particulars 9M,FY11 9M,FY10 18.27 35.14 Subcontractor cost 44.59 67.05 17.75 45.25 Vessel charter & related cost 67.78 97.66 1.02 2.89 Equipment related exp. 6.22 7.80 4.06 45.29 Material stores and spares exp 12.10 97.19 6.52 5.51 Employee cost 17.58 15
Slide 8: Profitability
Profitability Rs crore Q3FY11 Q3FY10 Particulars 9M,FY11 9M,FY10 11.07 35.70 EBITDA 24.89 76.61 1.11 1.25 Depreciation 3.27 3.68 3.01 1.91 Interest expense 7.27 7.33 1.25 0.05 Other income 1.66 1.89 3.02 11.1 Taxes 5.35 22.95 5.19 21.50 PAT 10.67 44.55
Slide 9: Balance sheet
Balance sheet Rs crore As at As at 31.12.10 31.12.09 Source of Funds Shareholders Funds 216.75 190.40 Loan Funds 114.29 100.19 Deferred Taxes 0.80 1.04 Application of Funds Net Fixed Assets 33.16 35.90 Investments 20.20 20.06 Net Current Assets 278.47 235.66
Slide 10: Performance of Subsidiaries – Q3FY11
Performance of Subsidiaries – Q3FY11 • Dolphin Offshore Shipping Limited o Revenue: Rs 12.61 crore (Q3FY10: Rs 14.27 crore) o PAT Rs 3.25 crore (Q3FY10: Rs 5.90 crore) • Dolphin Offshore Enterprises (Mauritius) Pvt. Limited o Revenue: Rs 2.20 crore (Q3FY10: Rs 2.62 crore) o Net loss: Rs 2.80 crore (
Slide 11: Financial Highlights – Q3FY11 Consolidated
Financial Highlights – Q3FY11 Consolidated Rs crore Q3FY11 Q3FY10 Total Income 78.72 194.75 PBT 6.28 38.84 PAT 3.78 27.50
Slide 12: Thank you...
Thank you...
Dolphin Offshore Enterprises (India) — Q3 FY2011 Earnings Presentation on 6ix