Essar Shipping Limited. · NSE:ESSARSHPNG
Essar Shipping — Q2 FY2013 Earnings Presentation
16 slides from Essar Shipping's earnings presentation, November 2012
Slide 1: Essar Shipping Ltd Performance Update for QE 30th September 2012
Essar Shipping Ltd Performance Update for QE 30th September 2012 1
Slide 2: Essar Shipping – Overview
Essar Shipping – Overview Shipping Oilfields Services Logistics Fleet of 23 vessels, DWT of 1.76 Mn Land Logistics 2 modern Double Hull VLCCs 1 Semi Submersible offshore rig Operates fleet of 5,000 chartered trucks 4 Capesize ships 12 Land Rigs 220 owned trailers and tippers 4 Mini-C
Slide 3: Rewards, Recognition and CSR Initiatives
Rewards, Recognition and CSR Initiatives • First Runner-up at Gujarat Star Essar Shipping Limited was part of the Awards in the category ‘Shipping Line below CSR activities: of the Year – Coastal Operator’ • Coastal clean-up drive launched in association with Indian Coast Guard • Essar SAR (Search a
Slide 4: Operational Highlights
d ESSAR’ Operational Highlights
Slide 5: Key Operational Highlights
Key Operational Highlights Sea Transportation Business Essar Shipping awarded the First Runner-up at Gujarat Star Awards in the category ‘Shipping Line of the Year – Coastal Operator’ Successful induction of four STX mini-capes for Essar Group Cargo Successful execution of SAIL & Baosteel COA
Slide 6: Industry Outlook Sea Transportation Business
Industry Outlook Sea Transportation Business 6
Slide 7: Sea Transportation: Spot markets volatile, VLCC day rates picking up
Sea Transportation Spot markets continue to be volatile, VLCC day rates have started picking up as evident from below chart Essar Shipping is hedged against spot markets volatility through time charters and CoA’s (USD / day) 2009 2010 2011 2012 VLCC Average Earnings 32,009 37,929 16,856 20,377 C
Slide 8: Industry Outlook Oilfields Services Business
Industry Outlook Oilfields Services Business 8
Slide 9: Significant Uptick Expected in E&P Activity
Significant Uptick Expected in E&P Activity Strong Crude Price Outlook to improve E&P viability Significant E&P Investment Backlog • Recovery in crude prices and positive long term price outlook - Substantially improved viability of E&P capex • Increased NOC activity from countries like India and Ch
Slide 10: Semi-submersible Rig Segment Outlook
Semi-submersible Rig Segment Outlook Global Semi-submersible Fleet Ownership Highly Consolidated Industry Structure • Top 2 operators own 49% of global semi-submersible fleet • Highly consolidated industry structure expected to lead to increased pricing discipline and drive strong recovery in day ra
Slide 11: Essar Shipping Ltd. – Financial Performance
Essar Shipping Ltd. – Financial Performance 11
Slide 12: Financial Performance Q2FY13 vs. Q2FY12
Financial Performance Q2FY13 vs. Q2FY12 Consolidated Performance Consolidated Performance Sea Transportation Business • Revenue and EBITDA has shown increase of Rs.188 Q2FY13 Q2FY12 Crore and Rs.133 Crore respectively mainly on Q2FY13 Q2FY12 account of the following 369 798 296 Sea Transportation Bu
Slide 13: Essar Shipping – Consolidated Financial Performance
Essar Shipping – Consolidated Financial Performance INR Crores (INR Crore) Q2FY13 Q2FY12 H1FY13 H1FY12 FY12 As on 30th September 2012 Income Actuals Actuals Actuals Actuals Actuals Operating and Chartering Earnings 599.70 569.09 1,347.14 1,145.44 2,398.14 Networth 5,193.48 Oilfields Services Income
Slide 14: Essar Shipping Management Team
Essar Shipping Management Team Mr. Ramakrishnan is a Mechanical Engineer and a Post Graduate from IIM Calcutta. With over 32 years of rich experience in the industry, Mr. Ramakrishnan has been associated with the Essar Group since 1992 when he joined the Group as a Business Analyst. Prior to taking
Slide 15: Analyst Contacts
Analyst Contacts Mr. Vikram Gupta CFO Essar Shipping Limited Tel: + 91 22 6660 1504 / + 91 98197 31424 Email: vikram.gupta@essar.com Mr. Anshumali Dwivedi Head – Investor Relations Essar Shipping Limited Tel: + 91 22 6733 5000 (Extn 1393) / + 91 98339 45648 Email: anshumali.dwivedi@essar.com Mr. Kar
Slide 16: Legal Disclaimer
Legal Disclaimer “This presentation is for information purposes only and does not constitute an offer, solicitation or advertisement with respect to the purchase or sale of any security of Essar Shipping Limited (the “Company” or “ESL” or “Essar Shipping Limited”) and no part of it shall form the ba