Navkar Corporation Ltd · NSE:NAVKARCORP
Navkar — Investor Presentation (November 2019)
31 slides from Navkar's investor presentation, Nov 15, 2019
Slide 1: Regulation 30 filing cover letter to stock exchanges
ilf Mlslw<arwbtUd Ret: NCUCS/2019-20/34 Date: November 15,2019 To, To, The Manager The Manager Listing Department Listing Department BSE Limited, NationalStock Exchange of lndia Limited, Phiroze Jeejeebhoy Towers, Plot No. C-1, G - Block, Dalal Street, Bandra Kurla Complex, Mumbai - 400001 Mumbai -
Slide 2: Navkar Corporation Limited Investor Presentation – November 2019
Navkar Corporation Limited Investor Presentation – November 2019 1
Slide 3: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Navkar Corporation Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any se
Slide 4: Financial Highlights
Financial Highlights Revenue EBITDA PAT (In Rs. Crs.) 137 130 131 42 123 41 +16% 38 38 112 11 +50% 10 10 9 27 +212% 3 Q2 FY19 Q3 FY19 Q4 FY19 Q1 FY20 Q2FY20 Q2 FY19 Q3 FY19 Q4 FY19 Q1 FY20 Q2FY20 Q2 FY19 Q3 FY19 Q4 FY19 Q1 FY20 Q2FY20 3
Slide 5: Volumes: Stable in CFS + Increase in ICD
Volumes : STABLE in CFS + INCREASE in ICD Tumb (Nos. of TEUs in ‘000) Mumbai Vapi Total +50% +5% -10% 83 33 107 80 78 100 76 96 97 72 74 73 73 29 93 71 92 90 9 86 88 64 83 39 37 24 7 36 32 23 40 34 33 22 34 34 43 44 38 34 38 42 24 7 38 41 48 6 39 17 9 14 10 22 52 31 11 21 46 31 7 55 46 33 9 15 42 45
Slide 6: Promising Volumes Run Rate
Promising Volumes Run Rate Mumbai Vapi Total (Nos. of TEUs in ‘000) 379 87 292 63 H2FY19 196 H2FY19 H2FY19 48 148 204 141 H1FY19 144 H1FY19 H1FY19 183 39 FY19 H1 FY20 FY19 H1 FY20 FY19 H1FY20 On track to beat last year volumes despite industry headwinds 5
Slide 7: PFT Movement: Led by Vapi
PFT Movement: Led by Vapi (Nos. of Trains) Mumbai Vapi Total +34% +57% +49% 139 141 139 303 442 127 130 124 125 263 388 118 238 356 110 104 321 211 297 193 139 141 130 138 127 14 0 0 0 0 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 FY18 FY18 FY18 FY18 FY1
Slide 8: Change in the Volume Mix
Change in the Volume Mix FY19 - % TEU’s handled Q2FY20 - % TEU’s handled Vapi 23% Vapi 34% 66% Mumbai 77% Mumbai 7
Slide 9: P&L Statement – Q2FY20
P&L Statement – Q2FY20 Particulars ( Rs. Crs ) Q2 FY20 Q2 FY19 Y-o-Y Q1 FY20 Q-o-Q H1FY20 H1FY19 Y-o-Y Revenue from Operations 130.5 112.1 136.5 267.0 229.1 Other Operating Income - - - - Revenue from Operations (Net) 130.5 112.1 16% 136.5 -4% 267.0 229.1 17% Operating Expenses 63.0 55.3 70.2 133.2
Slide 10: Balance Sheet
Balance Sheet Particulars (Rs. Crs.) Sep-19 Mar-19 Particulars (Rs. Crs.) Sep-19 Mar-19 Assets Equity & Liabilities Non-current assets 2,208.7 2,154.5 Equity 1775.5 1754.2 Property, Plant and Equipment 1,930.0 1,907.0 Equity Share capital 150.5 150.5 Capital Work In-Progress 140.6 121.5 Intangible A
Slide 11: Cash Flow Statement
Cash Flow Statement In Rs. Crs Half Year ended 30-Sep-19 Half Year ended 30-Sep-18 Profit before tax 37.9 37.2 Adjustments 48.8 47.2 Operating Profit Before Working Capital Changes 86.7 84.4 Change in operating assets and liabilities -24.0 -45.9 Cash generated from operations 62.6 38.5 Income taxes
Slide 12: Strong Cash generation in business continues
Strong Cash generation in business continues Cash PAT ( Rs. Crores) Improved Debt to Equity Ratio to 0.2x 131.0 0.5 120.0 115.0 101.0 85.0 0.3 0.3 0.2 0.2 FY15 FY16 FY17 FY18 FY19 FY15 FY16 FY17 FY18 FY19 11 Note: Consolidated Financials Cash PAT = PAT + Dep + Interest on Pro. Loans
Slide 13: Business Overview
Business Overview We are the Interchange • Cargo transit from one mode to another through service offerings across Container Freight Stations, PFT, Inland Container Depots, Multimodal Logistics Parks We are integrated for Exim & Domestic Movement • Privilege of a great location that cater to the gat
Slide 14: Key Milestones
Key Milestones Obtained approvals •QIP for handling, Approval for opening •Approval for Rail receiving, storing and Start of operations at Establishment of the private siding at Private Freight dispatching hazardous Ajivali Somathane station Terminal (PFT) CFS at Somathane cargo for import and (PFT)
Slide 15: Experienced Board Of Directors
Experienced Board Of Directors Shantilal Jayavantraj Mehta Nemichand Jayavantraj Mehta Chairman & Managing Director Whole-time Director Captain Dinesh Gautama Pooja Hemant Goyal CEO & Whole-time Director Non-Executive Independent Director Ashok Kumar Thakur Sandeep Kumar Singh Non-Executive Independ
Slide 16: Management Team
Management Team Mr. Shantilal J Mehta Mr. Nemichand J Mehta Chairman Whole-time Director Captain Dinesh Gautama Mr. Anish Maheshwari CEO Chief Financial Officer 15
Slide 17: Bigger, Better, Faster…. Navkar
Bigger, Better, Faster…. Navkar Total Area covered ICD Capacity (in sq.ft.) 7.71 mn (TEUs pa) 474,000 % of traffic handled by PFT (2018) ~22% FY19 ~37.5% Reefer Plug Points 190 Capacity Utilization Facilities 4 CFS Capacity (TEUs pa) 535,500 Workforce Strength 783 Close & Open Bonded Warehouse 65,79
Slide 18: Equipment Bank
Equipment Bank Trailers: 843 Kalmar: 23 Forklift: 55 JCB: 3 Hydra: 5 Tractor: 3 Tanker: 2 Hywa: 3 Fire: 1 Total Equipment Bank of 850+ Vehicles 17
Slide 19: Single Interface for our Clients
Single Interface for our Clients Consolidation Project Cargoes ▪ Well equipped to manage all over dimensional Earmarked 1,18,000 sq. ft. area for cargoes and out of gauge cargoes consolidation of LCL containers ▪ Constant cargo monitoring capabilities through surveillance systems to manage hazardous
Slide 20: Facilities Strategically Located
Facilities Strategically Located Tumb ICD: Capacity: 474,000 TEU’s Ajivali I CFS: Capacity: 25,000 Somathane CFS: TEU’s India's major consumption centers and Capacity: 445,500 industrial belt of northwest India Ajivali II CFS: Capacity: 65,000 TEU’s TEU’s ✓ Centre of India along with Rail PFT’s 19 M
Slide 21: CFS with Private Freight Terminal
CFS with Private Freight Terminal Particulars Somathane Ajivali CFS I Ajivali CFS II Operational Since May 11, 2009 May 12, 2008 May 18, 2006 Land Area 61 Acres 24 Acres 10 Acres Total Capacity Area Custom Notified 1,073, 224.25 sq. ft. 135,156 sq. ft. 428,400 sq. ft. 535,500 Installed Capacity per
Slide 22: Vapi ICD & Private Freight Terminal
Vapi ICD & Private Freight Terminal Particulars Vapi ICD Private Freight Terminal Operational Since Apr 14, 2016 ▪ Somathane PFT operational since 2012 Land Area 90 acres Area Custom Notified 575,283.40 sq. ft. ▪ Vapi PFT operational since 2018 Help increase Installed Capacity per run-rate of CFS 47
Slide 23: ICD Tumb – Game Changer
ICD Tumb – Game Changer Clearance is close to your 20 major shipping Lines 01 factories 02 already using Tumb Reduced lead time for 03 exports/imports 04 LCLs and FCLs Consolidate and hub your Ability to handle ODCs 05 exports or imports 06 and OOGs Nhava Port or Hazira Port? Flexibility and Ability
Slide 24: Strategic Location-Access to Hinterlands of Western Belt
Strategic Location-Access to Hinterlands of Western Belt ✓ Strategically positioned between Hazira Port (166 KMs) and Nhava Sheva Port (186 KMs) & its 236 KMs from Dahej Port ✓ NTL ICD TUMB serves both the ports with equal efficiency and effectiveness ✓ Surrounded with thousands of industrial units
Slide 25: Logistics Solution - Importers
Logistics Solution - Importers Previous Model Road Nhava Sheva Port Nhava Sheva CFS Factory of Importer Empty Depot Nhava Sheva ICD Present Model – Option I (By Road) Road Nhava Sheva Port ICD Tumb Factory of Importer Empty Depot ICD Present Model – Option II (By Rail) Rail Road Road Nhava Sheva Por
Slide 26: Logistics Solution - Exporters
Logistics Solution - Exporters Previous Model Road Factory at Empty Pick Up Nhava South Gujrat Sheva Road Custom Clearance & LEO at Nhava Sheva Present Model – Option I (By Road) Factory at Road Empty Pick Up Road South Gujrat ICD Tumb Gate in At the terminal Custom Clearance & Road Road LEO at ICD
Slide 27: Changing Business Dynamics
Changing Business Dynamics Organised Logistics Sector • Industry in Consolidation mode Introduction of Direct Port Delivery (DPD) • Significant Impact of the CFS Business • Volumes Drop Operationalization of ICD Tumb - Vapi • Vapi Operationalized in FY17 • Increased Volume Pickup Strengthened Balanc
Slide 28: Introduction of Direct Port Delivery: Battle for Boxes
Introduction of Direct Port Delivery : Battle for Boxes ▪ Delivery of the containers directly from the port ▪ Non-cleared & damaged containers are by default terminals moved to a JNPT-owned CFS ✓ Since April 2018, customs have allowed all CFS to ▪ Containers hauled to factories without taking to the
Slide 29: Awards & Achievements
Awards & Achievements 2013 2014 Awarded Certificate of Merit by the Winner of Container Freight World Customs Organization, in 2013 Station Operator of the Year Award 2014 at the 5th All India 2013 2014 Maritime and Logistics Awards 2015 2016 2015 Winner of ICC Supply Chain Container Freight Station
Slide 30: Key Takeaways
Key Takeaways Strategic Location Modern Infrastructure ▪ Total Area: 7.71 mn sq. ft., of Experienced ▪ CFS’ strategically located which 2.21 mn sq. ft. is notified Management Team close to NHs and customs area connected to JNPT ▪ Team of skilled & qualified ▪ CFSs installed capacity : through PFT, p
Slide 31: For further information, please contact
For further information, please contact: Company : Investor Relations Advisors : Navkar Corporation Limited Strategic Growth Advisors Pvt. Ltd. CIN: L63000MH2008PLC187146 CIN: U74140MH2010PTC204285 Mr. Anish Maheshwari Mr. Jigar Kavaiya / Mr. Pratik Tirodkar Chief Financial Officer +91-7738359389 /