Cochin Shipyard Limited · NSE:COCHINSHIP

Cochin Shipyard — Q1 FY2019-20 Earnings Presentation

16 slides from Cochin Shipyard's earnings presentation, 2019

  1. Slide 1: Cochin Shipyard Limited Investor Presentation Q1 2019-20

    Cochin Shipyard Limited Investor Presentation- Q1 2019-20 कोचीन शिपयार्ड शिशिटे र् Cochin Shipyard Limited India’s premier Shipyard

  2. Slide 2: Important operational events for Q1 2019-20

    Important operational events for Q1 2019-20

  3. Slide 3: Highlights - Shipbuilding

    Highlights - Shipbuilding  IAC commissioning activities have picked up momentum and proceeding satisfactorily. Phase III contract in concluding stage.  Signed Contract for Construction of 08 nos. Anti-Submarine Warfare Shallow Water Crafts (ASWSWCS) for Indian Navy on April 30, 2019.  Launched 2

  4. Slide 4: Highlights – Ship Repair

    Highlights – Ship Repair Major Projects undertaken during the Quarter ended June 30, 2019 Sailed off  INS Tir - Indian Navy  Modu Sagar Vijay - SCI  DCI Dredge XXI - DCI  MV Lakshadweep Sea - LDCL Under Repair  MV Nancowry - SCI  MV Skipper II - CIFNET  INS Jyoti - Indian Navy  INS Sarveksha

  5. Slide 5: Infrastructure Projects

    Infrastructure Projects New Dry-Dock • 310 Mtr x 75/60 Mtr x 13Mtr & Other Allied Facilities • Estimate - Rs 1799 crores # Phase 1 Targeted Completion : 2021-22 • Construction of Complex, Technology Intensive large vessels such as LNG Carriers, Offshore Drillships, Aircraft Carriers, Offshore Rigs,

  6. Slide 6: ISRF Shiplift

    Infrastructure Projects ISRF • Shiplift : 130 Mtr x 25 Mtr x 6000 T with 4 work stations • Estimate : Rs 970 crores # Phase 1 Target Completion : 2020-21 • Repair of 80 additional vessels a year. Increase in Repair throughput by around 70% • Status – Construction works commenced on 17 Nov 2017. 75%

  7. Slide 7: New Initiatives

    New Initiatives Cochin Mumbai Ship Repair Unit – Mumbai Port Trust  Agreement entered into with Mumbai Port on 20 October 2018  Ship Repair operations commenced @ CMSRU Jan 18,2019  Revenue recognised in Q1 2019- 20 is Rs. 10.45 crores. Separation of newly built submarine from Pontoon at Hughes D

  8. Slide 8: Financial Overview

    Financial Overview

  9. Slide 9: Revenue Mix (Rs Cr.)

    REVENUE MIX (Rs Cr.) Standalone Consolidated Particulars FY 20 Q1 FY 19 Q1 QoQ % FY 19 Q4 FY 19 FY 20 Q1 FY 19 Shipbuilding 602.09 454.40 32.5% 661.66 2130.19 602.09 2130.19 Ship Repair 133.35 204.33 (34.7%) 125.95 831.97 133.35 831.97 Turnover 735.44 658.73 11.6% 787.61 2962.16 735.44 2962.16 Other

  10. Slide 10: Key Financial Parameters

    KEY FINANCIAL PARAMETERS Standalone Consolidated Particulars FY 20 Q1 FY 19 Q1 QoQ % FY 19 Q4 FY 19 FY 20 Q1 FY 19 Turnover (Rs Crs) 735.44 658.73 11.6% 787.61 2962.16 735.43 2962.15 Profit Before Tax 186.48 161.20 15.6% 160.93 751.38 185.05 747.52 (Rs Crs) Profit After Tax 120.25 106.31 13.1% 97.51

  11. Slide 11: Key Financial Parameters

    KEY FINANCIAL PARAMETERS Standalone Consolidated Particulars FY 20 Q1 FY 19 Q1 FY 19 FY 20 Q1 FY 19 Net worth (Rs Crs) 3452.19 3354.92 3332.08 3447.57 3328.64 Book value / share (Rs) 262.44 246.80 253.31 262.09 253.05 Net Debt (Rs Crs) 123.00 123.00 123.00 123.00 123.00

  12. Slide 12: Turnover (Rs Cr) & EBITDA Margins

    TURNOVER (RS CR) & EBITDA MARGINS 3500 27.00% 30.00% 26.69% 3000 23.71% 27.76% 2962 22.81% 25.00% 20.61% 26.35% 20.45% 2500 2355 20.00% 1993 2059 20.23% 2000 1860 1652 15.00% 1554 1462 1405 1500 10.00% 1000 735 500 5.00% 0 0.00% FY11 FY12 FY13 FY14 FY15 FY16 FY17 FY18 FY19 FY20 Q1 Turnover EBITDA Ma

  13. Slide 13: Profit After Tax (Rs Cr.) & PAT Margins (%)

    PROFIT AFTER TAX (Rs Cr.) & PAT MARGINS (%) 600 18.00% 15.57% 16.85% 481 16.25% 16.00% 500 15.62% 13.78% 14.00% 12.64% 397 400 12.27% 11.92% 12.00% 11.86% 322 10.00% 300 274 228 235 8.00% 185 194 200 172 6.00% 120 4.00% 100 2.00% 0 0.00% FY11 FY12 FY13 FY14 FY15 FY16 FY17 FY18 FY19 FY20 Q1 PAT PAT M

  14. Slide 14: Return Efficiencies

    RETURN EFFICIENCIES Net worth (INR cr), RoE (%) 16% 16% 3452 3256 3332 16% 15% 14% 14% 12% 2029 1814 1561 1353 1176 FY13 FY14 FY15 FY16 FY17 FY18 FY19 FY20 Q1 Networth Return on Networth

  15. Slide 15: Order book position as on 30 Jun 2019

    Order book position as on 30 Jun 2019 Total No. Total Balance orders Sl. % Project Owner of Value in hand No. Completed Vessels (INR Cr.) (INR Cr.) 1 Indigenous Aircraft Carrier* Indian Navy 1 2848.00 93.13% 195.66 2 Technology Demonstration Vessel DRDO 1 388.11 74.02% 96.80 3 500 Pax cum 150 Ton Ca

  16. Slide 16: Q E =| & Zz ; widia Prosar ferfies

    Q E 2 =| 3 & 5 Zz ; widia Prosar ferfies

Cochin Shipyard — Q1 FY2019-20 Earnings Presentation on 6ix