Cochin Shipyard Limited · NSE:COCHINSHIP
Cochin Shipyard — Antique Defence Conference (September 2023)
24 slides from Cochin Shipyard's conference presentation, Sep 8, 2023
Slide 1: Exchange intimation: presentation in Antique Defence Conference
SEC/48/2017-63 September 08, 2023 The Manager The Manager Compliance Department Compliance Department BSE Limited The National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Tower Exchange Plaza Dalal Street Bandra – Kurla Complex, Bandra (East) Mumbai – 400 001 Mumbai – 400 051 Scrip Code/ Symbol:
Slide 2: Cochin Shipyard Limited Investor Presentation
Cochin Shipyard Limited आत्मनिर्भर र्ारत अभर्याि Investor Presentation
Slide 3: Contents
Contents ▪ Important Operational Events for Q1FY 2023 ▪ Financial Performance Q1FY 23 ▪ Infrastructure Augmentation ▪ Novel & Green Initiatives ▪ Order Book Position
Slide 4: Important Operational Events for Q1 FY 2024
IMPORTANT OPERATIONAL EVENTS FOR Q1 FY 2024
Slide 5: Highlights – Shipbuilding
Highlights – Shipbuilding - Delivered one Electric Hybrid 100 Pax Water Metro boat to Kochi Metro. - Udupi Cochin Shipyard Limited (UCSL) flagged off five Deep-Sea Tuna Long Liner cum Gill Netter Fishing vessels under PMMSY for Kerala beneficiaries. - Naval Ship Repair Yard (Karwar), Indian Navy, si
Slide 6: Highlights – Shipbuilding
Highlights – Shipbuilding • CSL has been declared as L1 by the Indian Navy for MR/Mid Life Upgrade of an Indian Naval Ship – The estimated contract value is around Rs. 300 crore (approx.) and the estimated duration is around 24 months – The project involves modernization and upgradation of various s
Slide 7: Financial Performance Q1FY24
FINANCIAL PERFORMANCE Q1FY24
Slide 8: Financial Highlights
Financial Highlights Standalone Consolidated Particulars FY 24 Q1 FY 23 Q1 QoQ % FY 23 Q4 FY 23 FY 24 Q1 FY 23 Turnover (Rs Crs) 444.14 439.72 1% 475.86 2,364.55 576.97 2,330.46 Profit Before Tax (Rs Crs) 145.12 65.41 122% 58.31 137.36 418.44 448.51 Profit After Tax (Rs Crs) 109.41 48.91 124% 47.34
Slide 9: Profit After Tax and PAT margins
Profit After Tax (Rs. Crores) and PAT margins (%) 700 30% 638 610 587 600 25% 25% 19% 500 48116% 22% 17% 20% 397 18% 400 16% 16% 14% 322 334 13% 15% 12% 12% 275 14% 300 12% 228 235 185 194 10% 200 172 109 100 5% 0 0% FY11 FY12 FY13 FY14 FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY 23 FY 24 Q1 PAT PAT
Slide 10: Turnover & EBITDA Margins
Turnover (Rs Crs) & EBITDA Margins(%) 4000 32% 40% 3422 37% 3500 28% 35% 28% 3190 28% 3000 26% 296227% 2819 30% 24% 2500 23% 2355 2330 25% 21% 20% 2059 23% 1996 2000 1860 20% 1554 1637 1500 15% 1000 10% 444 500 5% 0 0% FY13 FY14 FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 Q1 Turnover EBITDA Ma
Slide 11: Status of Vessels Under Construction
STATUS OF VESSELS UNDER CONSTRUCTION
Slide 12: Status of vessels under construction
Status of vessels under construction 1200 PAX SH23 & SH24: 2 vessels Vessels for A& N Administration Launching done undergoing outfitting below deck 3 in quay Hybrid Electric BY123-145: 23 vessels Catamaran Hull Vessels for 9 vessels delivered, 14 vessels under various stages of construction KMRL Pl
Slide 13: Status of vessels under construction
Status of vessels under construction BY523-530: 8 vessels ASW SCW Corvette for BY523-525: Vessel No.1,2 & 3 :- Launching planned in Nov 2023 Indian Navy BY526-527: Vessel No.4 & 5 :- Keel laying planned in Nov 2023 BY528-530: Vessel No.6,7 & 8 :- Advanced stage of block fabrication 7K Multipurpose S
Slide 14: Status of vessels under construction
Status of vessels under construction Commissioning BY151-152: 2 vessels Service Operation Vessels Fabrication commencement in Sep 2023 12000 Cu. M. SH37: 1 vessel Trailer Suction Hopper Dredger Fabrication commencement in Sep 2023 Hydrogen Fuel Pilot Project. BY150: 1 vessel Cell Vessel Construction
Slide 15: Infrastructure Augmentation
INFRASTRUCTURE AUGMENTATION
Slide 16: New Dry Dock Project
New Dry Dock Project ▪ Dock Size: 310m x 75/60m x 13m (Stepped Dry Dock) ▪ Design Life: 100 Years ▪ Draught of vessel – upto 9.5 m ▪ 600 T , 75 T and 40T Cranes ▪ Largest dry dock in India ▪ Suitable for LNG vessels, Aircraft Carriers, Jack-up Rigs, Drill ships, Large Tankers & Merchant vessels. Tot
Slide 17: International Ship Repair Facility (ISRF) Project
International Ship Repair Facility (ISRF) Project Land Area Marine area 16.254 ha 16.15 ha. ➢ Shiplift - 130 m LOA x 25 m Beam, Capacity:- 6000 T ➢ Transfer System ➢ 06 Work stations ➢ 1.25 Km Berth ➢ Floating gate ➢ 4 nos. Cranes Project Cost: Rs. 970 Crs. Expenditure incurred till date Rs. 662.80
Slide 18: Novel & Green Initiatives
ney wm Ss NOVEL & GREEN INITIATIVES e - = \ SET
Slide 19: Zero emission Green Vessels
Zero emission Green Vessels H2 Fuel Cell Vessel Electric Catamaran Ferry Pilot Project by CSL 8 Nos contracted by IWAI • 100 Passenger Ferry Boat • Air conditioned passenger area for 50 pax • Fully Indigenised ‘Home Grown Technology’ • Design Speed – 9 Knots • 2 x 25 kWh H2 Fuel Cell, 6 kWh Solar Pl
Slide 20: USHUS Start Up Engagement Programme; Autonomous Surface Vessel
CSL’s Maritime Start Up Engagement Programme Autonomous Surface Vessel “USHUS” – Nurturing Aspirations Pilot Project SWAYAT Review and Recommending Agencies • Rs 50 Crores initial corpus • Fully indigenous, IRS class approved scalable • Three types of funding solution catering commercial and defence
Slide 21: Order Book Position
ney wm Ss ORDER BOOK POSITION e —— NN SET
Slide 22: Shipbuilding Order Book Position (As on June 2023)
Shipbuilding Order Book Position (As on June 2023) – Rs. 22,000 Crs. (Approx.) { Healthy – Clear Visibility on Revenue } (Rs. Crore) Sl. No. of Order Sl. Subsidiaries Project Name of the Subsidiary Order Value* No. Vessels Value* No. Defence Post Commission works of Indigenous 1. Hooghly Cochin Ship
Slide 23: Shipbuilding Order Pipeline/Possibilities
Shipbuilding Order Pipeline/Possibilities – Rs. 16,000 Crs. (Approx.) Commercial – Export Defence/ RFP Stage Sl. No. of Approx. Order Value Sl. Approx. Order Value Project Project No. Vessels (Rs. Crs.) No. (Rs. Crs.) 1. Fast Patrol Vessels (FPV) 14 1400 1. Vessels to European clients 10,000 2. NG O
Slide 24: Thank You
Cochin Shipyard — Antique Defence Conference (September 2023) on 6ix