Great Eastern Shipping Co. Ltd. · NSE:GESHIP
Great Eastern Shipping — The Great Eastern Shipping — Q3 FY2020 Earnings Presentation
19 slides from Great Eastern Shipping's earnings presentation, Feb 12, 2020
Slide 1: 3Q FY 2020
Y > The Great Eastern Shipping Co. Ltd. 3Q FY 2020
Slide 2: Corporate Profile
CORPORATE PROFILE Offshore Shipping (Bulk) (Through wholly-owned subsidiary Greatship (India) Limited) Tankers • Crude Dry Bulk Logistics Drilling • Products/LPG India’s largest private sector shipping company over 71 years of experience 2
Slide 3: Shareholding Pattern
Shareholding Pattern as on 31 December 2019 FII/FPI SHAREHOLDING 23% Promoters 28.5% PATTERN Govt./FI 23.5% Public 18% 3
Slide 4: Fleet Profile
FLEET PROFILE SHIPPING Fleet DWT Number of Ships Average Age (Yrs.) Crude Carriers 1,461,591 11 13.86 Product Carriers 987,207 17 12.31 Gas Carriers 224,113 5 18.43 Dry Bulk Carriers 1,026,462 13 7.32 Total 3,699,373 46 11.91 OFFSHORE Fleet Number of Units Average Age (Yrs.) Jack Up Rigs 4 8.35 Plat
Slide 5: Fleet Development
FLEET DEVELOPMENT Sale & Purchase activities during Q3 FY20 The company sold and delivered to buyers its Suezmax Crude carrier named ‘Jag Lakshita’ built in 2000 Sale & Purchase activities subsequent to Q3 FY20 NIL 5
Slide 6: Financial Results Q3 FY 2019-20
FINANCIAL RESULTS Q3 FY 2019-20 6
Slide 7: Financial Highlights
FINANCIAL HIGHLIGHTS GE Shipping Q3FY20 consolidated Net Profit at Rs. 338.70 Crores Standalone Key Figures Consolidated Q3FY20 Q3FY19 9M’FY20 (Amount in Rs. Crs) Q3FY20 Q3FY19 9M’FY20 Income Statement 941.88 749.39 2252.23 Revenue (including other income) 1170.83 1036.47 2897.68 536.08 496.50 920.9
Slide 8: Financial Highlights
FINANCIAL HIGHLIGHTS Standalone Key Figures Consolidated Q3FY20 Q3FY19 9M’FY20 Q3FY20 Q3FY19 9M’FY20 Key Financial Figures 56.92% 66.25% 40.89% EBITDA Margin 54.48% 65.14% 42.12% 20.64% 6.84% 4.28% *#Return on Equity (ROE) 15.43% 4.63% 3.02% 15.34% 7.53% 6.01% *#Return on Capital Employed (ROCE) 12.
Slide 9: Performance Review
PERFORMANCE REVIEW Break up of Revenue days (Shipping) Revenue Days Q3 FY20 Q3 FY19 Owned Tonnage 4,227 4,210 Inchartered Tonnage - 16 Total Revenue Days 4,227 4,226 Total Owned Tonnage (mn.dwt) 3.70 3.90 Break up of Revenue days (Offshore) Revenue Days Q3 FY20 Q3 FY19 Offshore Logistics 1,495 1,569
Slide 10: Revenue Visibility & Coverage
REVENUE VISIBILITY & COVERAGE Category-wise coverage of operating days (Shipping) --- FY20 Extent of coverage of fleet’s Category Revenue Visibility operating days Crude Carriers 72% Product Carriers 57% LPG Carriers 94% Rs 427 Cr Dry Bulk 65% Category-wise coverage of operating days (Offshore) ---
Slide 11: Thank You
Q3’FY20 Earnings Call scheduled @ 16:30 hrs (IST) on 12th February 2020. To participate, kindly dial (+91) – 22 – 6280 1321/ 7115 8222 Visit us @ www.greatship.com THANK YOU 11
Slide 12: Letter to stock exchanges on results
THE GREAT EASTERN SHIPPING COMPANY LIMITED CIN: L35110MH1948PLC006472 OCEAN HOUSE, 134/A, Dr. Annie Besant Road, Worli, Mumbai- 400 018, INDIA. Tel.: +91(22) 6661 3000 / 2492 2100 Fax: +91(22) 2492 5900 Our Ref.: S/027/2020/JMT February 12, 2020 BSE Limited National Stock Exchange of India Limited 1
Slide 13: Independent Auditor's Review Report
D ] itt Chartered Accountants e Ol e Indiabulls Finance Centre Tower 3, 27"-32™ Floor Haskins & Sells Serapati Sopet Merg Elphinstone Road (West) Mumbai - 400 013 Maharashtra, India Tel: +91 22 6185 4000 Fax: +91 22 6185 4001 INDEPENDENT AUDITOR’S REVIEW REPORT ON REVIEW OF INTERIM FINANCIAL RESULTS
Slide 14: Auditor's Review Report (continued)
Deloitte Haskins & Sells LLP 5, Based on our review conducted and procedures performed as stated in paragraph 3 above and based on the consideration of the review reports of the other auditors referred to in paragraph 6 below, nothing has come to our attention that causes us to believe that the acco
Slide 15: Annexure A: List of entities included
Deloitte Haskins & Sells LLP Annexure “A” List of entities included in the Statement Subsidiaries: i. Greatship (India) Limited, India ii. Greatship Global Energy Services Pte. Ltd., Singapore iii. Greatship Global! Offshore Services Pte. Ltd., Singapore iv. Greatship (UK) Limited, United Kingdom Vv
Slide 16: Statement of financial results
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Slide 17: Consolidated financial results statement
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Slide 18: Consolidated Segmentwise Revenue, Results, Assets and Liabilities
THE GREAT EASTERN SHIPPING COMPANY LIMITED Regd. Office: Ocean House, 134-A, Dr. Annie Besant Road, Mumbai 400018. Website : www.greatship.com, Email : corp_comm@greatship.com, CIN : L35110MH1948PLC006472 REPORTING OF CONSOLIDATED SEGMENTWISE REVENUE, RESULTS, ASSETS AND LIABILITIES The Company is m
Slide 19: Notes to Consolidated Financial Results
THE GREAT EASTERN SHIPPING CO. LTD. Regd. Office: Ocean House,134-A, Dr. Annie Besant Road, Mumbai-400 018. Website : www.greatship.com, Email : corp_comm@greatship.com, CIN : L35110MH1948PLC006472 NOTES TO CONSOLIDATED FINANCIAL RESULTS: 1. During the quarter under review, the Company contracted to
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