Knowledge Marine & Engineering Works Limited · NSE:KMEW
Knowledge Marine & Engineering Works — H1 FY2024 Earnings Presentation
29 slides from Knowledge Marine & Engineering Works's earnings presentation, Nov 16, 2023
Slide 1: Investor Presentation intimation to BSE under Regulation 30
& KMEW KNOWLEDGE MARINE & ENGINEERING WORKS LIMITED 3 Ship Builders, Repairers, Charterers and Marine Contractors CIN: L74120MH2015PLC269596 Date: 16/11/2023 To BSE Limited Phiroze Jeejeebhoy Towers Dalal Street Mumbai- 400001 Scrip Code Symbol ISIN 543273 KMEW INEOCJD01011 SUB: Intimation under Reg
Slide 2: Earnings Presentation | H1 FY24
Knowledge Marine & Engineering Works Ltd. Earnings Presentation | H1 FY24
Slide 3: Success Story of Entrepreneurship
Success Story of Entrepreneurship s KMEW ice Mr. Sujay M Kewalramani Chief Executive Officer The success story of the KMEW in a short span of time can be attributed to the grit, determination, vision, and perseverance of Mr. Sujay Kewalramani, who, with the support of his family, has established the
Slide 4: Strong Order Book Position
Strong Order Book Position J 8 ionew Order Book Build Up i Waste to Wealth Triumph: Rs 450 Crores of Orders in Bahrain 107 ee 604 203 Successfully making our mark in the Bahrain market, we've secured a substantial order book worth Rs 450 crore by Order Book New Orders Won Orders Executed _ Total Ord
Slide 5: Charting Success: Key Highlights from KMEW's Noteworthy Achievements
Charting Success: Key Highlights from KMEW's Noteworthy Achievements & KMeEW Successfully executed initial capital and maintenance dredging at Sittwe Achieved a remarkable milestone by successfully entering the Bahrain Port, Myanmar, demonstrating expertise with a project value of Rs. 248 market wit
Slide 6: Track Record of Execution & Delivery
Track Record of Execution & Delivery s KMEW Setup of Branch Overseas at Yangon, Myanmar First independent international Deployed River Pearl 1 Completion of 1 Million contract from Myanmar Port Acquisition and major repairs and Began with managing Survey-cum-pilot boat at Cubic Meters of Dredging Au
Slide 7: KMEW - A global player today
KMEW - A global player today @ KMEW Key Services Major Customers 1 e Dredging Owning, Operating and Chartering of Ship Building and Repair of Marine . ¢ Capital and Maintenance Dredging Port Ancillary Crafts Crafts Domestic Contracts of various Major and Minor Ports ¢ Pilot Boats and Survey Boats *
Slide 8: Our Assets & Services
Our Assets & Services
Slide 9: Dredging Services
Dredging Services s KMEW What is Dredging Dredging Process Dredging Types KMEW Projects Process of removal of Excavation of the material Capital Dredging: Removal of sediments and debris from the from the sea/riverbed sediments which have not been bottom of oceans and harbors 86 previously dredged.
Slide 10: Dredging Marine Assets: Constructed and Deployed
Dredging Marine Assets: Constructed and Deployed @ KMEW Vessel Gross / Net (lest ee ree Description Speed Vessel te LUA Techs Pe BHP/ RPM (Knots) Tonnage Builder 5 4 2016 Grab Hopper Dredger . deployed at Kolkata Port 6 622 / 201 Dhanotra 51.0 x 12.0 x 3.6 3.1 Cummins 325x2 Engg Works Trailing Sucti
Slide 11: Application of Port Ancillary Services
Application of Port Ancillary Services s KMEW Pilot Boat Patrol Boat Survey Boat Mooring Boat Tug Boat/Service Boat Hopper Barge Pilot boats are small ships that Patrol boats are primarily used It is a ship or boat equipped Mooring is a procedure to Tug boat eases the Hopper barges play a crucial ta
Slide 12: Port Ancillary Crafts: Constructed and Deployed
Port Ancillary Crafts: Constructed and Deployed s KMEW Vessel Gross / Net ; ; ; 1a: (laa Dimension Loaded Description Speed Vessel Tonnage Pare Techs ea BHP/ RPM (Knots) (tons) Survey-cum-pilot 2017 boat deployed at 12 113 / 34 Katale 24.5 x5.5 x 3.0 1.3 Cummins 600 x 2 Kolkata Shipyard | Boat deplo
Slide 13: Future Outlook
Future Outlook
Slide 14: Dredging Industry Dynamics
Dredging Industry Dynamics s KMEW Na L ', w aes OO Policy Support Other Opportunities India dredging market is expected to grow at a CAGR of nearly 4.4% Sagarmala, a project of Government of India (GOI) in 2015 to set up during 2020-2026. The industry is significantly driven by the increasing mega p
Slide 15: Growth Opportunities
Growth Opportunities 1 kvew Order Book Visibility Other Initiatives Orderbook Visibility The company has expressed Participated in bidding interest in projects worth for several National “Rs 1,100 cr. Waterway projects Plans to tie up with Private Till now, Order winin ae . 6 Organisations such as I
Slide 16: Growth Strategies - New Segments
Growth Strategies- New Segments & KMEW Cutter Suction National Waterways Fishing Dam & River Dredgers (CSDs) Contracts Harbour Disiltation o CSDs are hydraulic dredgers, have © Indian inland waterways has a o The company has strategic plans the ability to dredge nearly all network of 111 National to
Slide 17: Management Team
Management Team
Slide 18: Management Team
Management Team s KMEW SAURABH DASWANI KANAK KEWALRAMANI SUJAY KEWALRAMANI JAGAT JIBAN BISWAS Managing Director Whole Time Director and CFO Chief Executive Officer Non —Executive Director o Responsible for overall o Has over 14 years of o Over 17 years of experience in o Hold rich experience of more
Slide 19: Management Team
Management Team DINESH KEWALRAMANI PINKESH KEWALRAMANI oN NUL ASHISH M MOHANDAS SNEHA DEVCKAR Chief Operations Officer Chief Technical Officer Independent Director Independent Director Independent Director o Over 14 years of experience in o Over 7 years of experience in o Seasoned maritime o Over 12
Slide 20: Financial Performance H1 FY24
Financial Performance H1 FY24
Slide 21: H1FY24 Highlights
H1FY24 Highlights o kew Consolidated Financial Highlights Operational Highlight DREDGING VAAN Revenue from Operations NET PROFIT Growth Rs. 1,034.6| 97% Rs. 1,069 mn mn Rs. 244 mn t 2.5% OTHER 0 NOTE tine each GROSS PROFIT Growth EBITDA Growth Rs. 34.2 eG mn Rs. 410 Rs. 361 mn 3.5 % mn t 3.8% VESSEL
Slide 22: Financial Highlights — H1FY24
Financial Highlights — H1FY24 15 en Revenue from Operations Rs in mn 1,227 396 410 1,069 H1FY23 H1FY24 H1FY23 H1FY24 34 8 361 H1FY23 H1FY24 H1FY23 H1FY24 21
Slide 23: Historical Financial Highlights
Historical Financial Highlights & KMeEw Revenue from Operations Gross Profit & Gross Margin (%) Rs in mn 785 2, 015 611 333 239 P| || FY2020 FY2021 FY2022 FY2023 FY2020 FY2021 FY2022 FY2023 EBITDA & EBITDA Margin (%) PAT & PAT Margin (%) 687 472 324 132 77 43 18% FY2020 FY2021 FY2022 FY2023 FY2020 F
Slide 24: Key Ratios
Key Ratios & KMeEw Return on Equity (%) Return on Capital Employed 57 53 36 52 52 37 31 32 FY2020 FY2021 FY2022 FY2023 FY2020 FY2021 FY2022 FY2023 Return on Assets (%) 31 29 14 ; FY2020 FY2021 FY2022 FY2023 23
Slide 25: Leverage Profile
Leverage Profile o kew (Rs. mn) rr | Mar-23 Total Debt / Equity (x) Short Term Debt 283.7 199.3 1.55x Long Term Debt 47.6 42.1 Total Debt 331.4 241.4 0.63x 0.56 Cash and Cash Equivalents 381.4 655.3 * 0.18x 0.20x Net Debt / (Net Cash) (50.1) (413.9) | Equity 1,582 1,340 Mar-20 Mar-21 Mar-22 Mar-23 S
Slide 26: Profit & Loss Statement — H1FY24
Profit & Loss Statement — H1FY24 @ Kmew Particulars (Rs. Mn) H1FY24 H1FY23 Y-o-Y Change % H2FY23 Y-o-Y Change % Revenue from operations 1,068.8 1,227.1 -12.9% 788.2 35.6% Cost of Material Consumed 658.8 830.8 399.4 Employee Expenses 21.0 18.1 21.3 Other Expenses 27.9 30.4 28.4 EBITDA 361.1 347.9 3.8
Slide 27: Balance Sheet
Balance Sheet Son ASSETS Fsep23 ] Maras Equity & Liabilities (Rs. Mn) Equity Non - Current Assets Equity Share Capital 108.0 108.0 Property, plant and equipment 688.1 588.3 Other Equity 1473.9 1232.0 Right of Use Assets 0.0 0.0 Total Equity 1581.9 1340.0 Capital work-in-progress 37.0 81.0 Minority I
Slide 28: Cash Flow Statement
Cash Flow Statement s KMEW Cash Flow from Operating Activities Profit before Tax 326.7 633.8 322.0 Adjustment for Non-Operating Items 34.9 53.6 25.8 Operating Profit before Working Capital Changes 361.6 687.3 347.9 Changes in Working Capital -562.8 -326.5 15.8 Cash Generated from Operations -201.3 3
Slide 29: Thank You / Company contacts
Company : & KMEW SSS, Knowledge Marine & Engineering Works Ltd www.kmew.in Mrs. Kanak Kewalramani Director & Chief Financial Officer kanak@kmew.in Investor Relations Advisors: ce orient capital Orient Capital (a division of Link Group) Mr. Ronak Jain +91 9820950544 THANK YOU ronak.jain@linkintime.co
Knowledge Marine & Engineering Works — H1 FY2024 Earnings Presentation on 6ix