Cochin Shipyard Limited · NSE:COCHINSHIP

Cochin Shipyard — Q1 FY2021 Earnings Presentation

18 slides from Cochin Shipyard's earnings presentation, Aug 17, 2020

  1. Slide 1: Exchange cover letter: Investor Presentation Q1FY21 results

    SEC/48/2017-63 August 17, 2020 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/

  2. Slide 2: Cochin Shipyard Limited Investor Presentation Q1 2020-21

    Cochin Shipyard Limited Investor Presentation- Q1 2020-21

  3. Slide 3: Important operational events for Apr-Jun 2020

    Important operational events for Apr-Jun 2020

  4. Slide 4: Highlights - Shipbuilding

    Highlights - Shipbuilding  500 PAX cum 1000 MT Cargo Vessel for A&N Administration is under sea trials;  ROPAX Vessel for the Inland Waterways Authority of India is under sea trials;  Five no. of Fishing Vessels (Tuna Long Liner cum Gillnetter) for Tamil Nadu Fishermen are ready for delivery  Ma

  5. Slide 5: Highlights – Ship Repair

    Highlights – Ship Repair Major Projects undertaken during the Quarter ended June 30, 2020 Major Vessels Sailed off • M V Lagoons - LDCL • M V Laccadives - LDCL • INS Kabra - Indian Navy • INS Kalpeni - Indian Navy • OSV Seamec II - Seamec Limited

  6. Slide 6: Highlights – Ship Repair

    Highlights – Ship Repair Major Vessels Under Repair • M V Kalighat - SCI/ A&N • M V Bharat Seema - SCI/ A&N • DCI Dredge Aquarius - DCI • M V Sentinel - SCI/A&N • INS Tarangini - Indian Navy • M V Prashikshani - CIFNET • MFV Matsya Vrushti - FSI • MFV Matsya Nireekshani - FSI • TUG H T Ajit - Mumbai

  7. Slide 7: Infrastructure Projects

    Infrastructure Projects Present Status • Overall physical completion- 33.5 % New Dry-Dock • Manpower shortage at site due to mass movement of the migrant labourers has reached to an alarming stage. • 310 Mtr x 75/60 Mtr x 13Mtr & Other Allied Facilities • Estimate - Rs 1799 crores # Targeted Complet

  8. Slide 8: Infrastructure Projects

    Infrastructure Projects ISRF • Shiplift : 130 Mtr x 25 Mtr x 6000 T with 4 work stations • Estimate : Rs 970 crores # Target Completion : Dec 2021 Present Status • Repair of 80 additional vessels a year. Increase in Repair throughput by around 70% • Overall physical completion : 70% • Manpower short

  9. Slide 9: Hooghly Cochin Shipyard Limited (HCSL) at Kolkata

    Hooghly Cochin Shipyard Limited (HCSL) at Kolkata  CSL holding 100% stake  HCSL setting up a shipbuilding/ ship repair unit at Nazirgunge and Salkia in Kolkata.  Estimated Project Cost - Rs 169 crs.  Construction activity held up from 23 March 2020 due to COVID-19 lock-down.  Civil works resume

  10. Slide 10: Financial Overview

    Financial Overview

  11. Slide 11: Financial Highlights

    FINANCIAL HIGHLIGHTS Rs Crs Standalone Consolidated Particulars FY 21 FY 21 Q1 FY 20 Q1 QoQ % FY 20 Q4 FY 20 FY 20 Q1 Turnover (Rs Crs) 332.48 736.85 (55%) 816.69 3422.49 332.48 3422.49 Profit Before Tax 58.23 186.48 (69%) 184.72 863.43 56.87 857.72 (Rs Crs) Profit After Tax 42.65 120.25 (65%) 138.7

  12. Slide 12: Revenue Mix

    REVENUE MIX Rs Crs Standalone Consolidated Particulars FY 21 FY 21 Q1 FY 20 Q1 FY 20 Q4 FY 20 FY 20 Q1 Shipbuilding 316.12 602.92 712.56 2852.27 316.12 2852.27 Ship Repair 16.36 133.93 104.13 570.23 16.36 570.23 Turnover 332.48 736.85 816.69 3422.49 332.48 3422.49 Other Income 64.62 68.01 44.99 247.

  13. Slide 13: Key Financial Parameters

    KEY FINANCIAL PARAMETERS Standalone Consolidated Particulars FY 21 FY 20 FY 21 Q1 FY 20 Q1 Net worth (Rs Crs) 3775.29 3731.80 3765.17 3722.88 Book value / share (Rs) 287.01 283.70 286.24 283.02 Net Debt (Rs Crs) 123.00 123.00 123.00 123.00

  14. Slide 14: Turnover & EBITDA Margins

    TURNOVER (Rs Crs) & EBITDA MARGINS(%) 4000 27.76% 26.97% 27.95% 30.00% 26.35% 3500 26.69% 23.71% 3422 22.81% 25.00% 24.56% 20.23% 20.61% 3000 20.45% 2962 20.00% 2500 2355 1996 2059 2000 1860 15.00% 1554 1637 1462 1405 1500 10.00% 1000 5.00% 500 332 0 0.00% FY11 FY12 FY13 FY14 FY15 FY16 FY17 FY18 FY1

  15. Slide 15: Profit After Tax & PAT Margins

    PROFIT AFTER TAX (Rs Cr.) & PAT MARGINS (%) 700 18.63% 20.00% 638 16.85% 16.23% 18.00% 600 15.62% 16.00% 15.57% 13.78% 500 481 12.64% 14.00% 12.27% 11.92%11.86% 12.83% 397 12.00% 400 322 10.00% 300 275 8.00% 228 235 185 194 6.00% 200 172 4.00% 100 43 2.00% 0 0.00% FY11 FY12 FY13 FY14 FY15 FY16 FY17

  16. Slide 16: Return Efficiencies

    RETURN EFFICIENCIES Net worth (Rs Crs), RoE (%) 3732 17% 16% 16% 3332 16% 3256 15% 14% 14% 12% 2029 1732 1561 1353 1176 FY13 FY14 FY15 FY16 FY17 FY18 FY19 FY20 Networth Return on Networth

  17. Slide 17: Current Order Book Position

    CURRENT ORDER BOOK POSITION Sl. No. Project Total no. Balance of of orders in hand Vessels (Rs. Crs) 1 Order from Indian Navy ( IAC & ASW Corvette) 9 12553.11 2 Orders from GoI, MOS 6 570.47 3 Orders from GoI MOD & MHA 10 282.64 4 Small passenger ferry (KMRL) & Other 29 480.90 Commercial Shipbuildin

  18. Slide 18: Q E =| & Zz ; widia Prosar ferfies

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

Cochin Shipyard — Q1 FY2021 Earnings Presentation on 6ix