Navkar Corporation Ltd · NSE:NAVKARCORP
Navkar — Investor Presentation (May 2019)
28 slides from Navkar's investor presentation, May 29, 2019
Slide 1: Regulation 30 announcement cover letter to stock exchanges
g1F ltls tJarrrr,/,@i,,rtld C@tainer Freight Statials & Rail Terminals Ref: NCUCS/2019-20110 Date: May 29, 2019 To, To, The Manager The Manager Listing Department Listing Department BSE Limited, National Stock Exchange of lndia Limited, Phiroze Jeejeebhoy Towers, Plot No. C-1, G - Block, Dalal Stree
Slide 2: Navkar Corporation Limited Investor Presentation – May 2019
Navkar Corporation Limited Investor Presentation – May 2019 1
Slide 3: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Navkar Corporation Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any se
Slide 4: Business Overview
Business Overview We are the Interchange • Cargo transit from one mode to another through service offerings across Container Freight Stations, PFT, Inland Container Depots, Multimodal Logistics Parks We are integrated for Exim & Domestic Movement • Privilege of a great location that cater to the gat
Slide 5: Key Milestones
Key Milestones Obtained approvals •QIP for handling, Approval for opening •Approval for Rail receiving, storing and Start of operations at Establishment of the private siding at Private Freight dispatching hazardous Ajivali Somathane station Terminal (PFT) CFS at Somathane cargo for import and (PFT)
Slide 6: Experienced Board Of Directors
Experienced Board Of Directors Shantilal Jayavantraj Mehta Nemichand Jayavantraj Mehta Chairman & Managing Director Whole-time Director Captain Dinesh Gautama Pooja Hemant Goyal CEO & Whole-time Director Non-Executive Independent Director Ashok Kumar Thakur Sandeep Kumar Singh Non-Executive Independ
Slide 7: Management Team
Management Team Mr. Shantilal J Mehta Mr. Nemichand J Mehta Chairman Whole-time Director Captain Dinesh Gautama Mr. Anish Maheshwari CEO Chief Financial Officer 6
Slide 8: Bigger, Better, Faster…. Navkar
Bigger, Better, Faster…. Navkar Total Area covered ICD Capacity (in sq.ft.) 7.71 mn (TEUs pa) 474,000 % of traffic handled by PFT (2018) ~22% Capacity Utilization ~30% Reefer Plug Points 190 Facilities 4 CFS Capacity (TEUs pa) 535,500 Workforce Strength 783 Close & Open Bonded Warehouse 65,797 Net D
Slide 9: Equipment Bank
Equipment Bank Trailers: 843 Kalmar: 23 Forklift: 55 JCB: 3 Hydra: 5 Tractor: 3 Tanker: 2 Hywa: 3 Fire: 1 Total Equipment Bank of 850+ Vehicles 8
Slide 10: Single Interface for our Clients
Single Interface for our Clients Consolidation Project Cargoes ▪ Well equipped to manage all over dimensional Earmarked 1,18,000 sq. ft. area for cargoes and out of gauge cargoes consolidation of LCL containers ▪ Constant cargo monitoring capabilities through surveillance systems to manage hazardous
Slide 11: Facilities Strategically Located
Facilities Strategically Located Tumb ICD: Capacity: 474,000 TEU’s Ajivali I CFS: Capacity: 25,000 Somathane CFS: TEU’s India's major consumption centers and Capacity: 445,500 industrial belt of northwest India Ajivali II CFS: Capacity: 65,000 TEU’s TEU’s ✓ Centre of India along with Rail PFT’s 10 M
Slide 12: CFS with Private Freight Terminal
CFS with Private Freight Terminal Particulars Somathane Ajivali CFS I Ajivali CFS II Operational Since May 11, 2009 May 12, 2008 May 18, 2006 Land Area Total Capacity Area Custom Notified 1,073, 224.25 sq. ft. 135,156 sq. ft. 428,400 sq. ft. 535,500 Installed Capacity per TEUs 445,500 TEUs 25,000 TE
Slide 13: Vapi ICD & Private Freight Terminal
Vapi ICD & Private Freight Terminal Particulars Vapi ICD Private Freight Terminal Operational Since Apr 14, 2016 ▪ Somathane PFT operational since 2012 Land Area 60 acres Area Custom Notified 575,283.40 sq. ft. ▪ Vapi PFT operational since 2018 Help increase Installed Capacity per run-rate of CFS 47
Slide 14: ICD Tumb – Game Changer
ICD Tumb – Game Changer Clearance is close to your 20 major shipping Lines 01 factories 02 already using Tumb Reduced lead time for 03 exports/imports 04 LCLs and FCLs Consolidate and hub your Ability to handle ODCs 05 exports or imports 06 and OOGs Nhava Port or Hazira Port? Flexibility and Ability
Slide 15: Strategic Location-Access to Hinterlands of Western Belt
Strategic Location-Access to Hinterlands of Western Belt ✓ Strategically positioned between Hazira Port (166 KMs) and Nhava Sheva Port (186 KMs) & its 236 KMs from Dahej Port ✓ NTL ICD TUMB serves both the ports with equal efficiency and effectiveness ✓ Surrounded with thousands of industrial units
Slide 16: Logistics Solution - Importers
Logistics Solution - Importers Previous Model Road Nhava Sheva Port Nhava Sheva CFS Factory of Importer Empty Depot Nhava Sheva ICD Present Model – Option I (By Road) Road Nhava Sheva Port ICD Tumb Factory of Importer Empty Depot ICD Present Model – Option II (By Rail) Rail Road Road Nhava Sheva Por
Slide 17: Logistics Solution - Exporters
Logistics Solution - Exporters Previous Model Road Factory at Empty Pick Up Nhava South Gujrat Sheva Road Custom Clearance & LEO at Nhava Sheva Present Model – Option I (By Road) Factory at Road Empty Pick Up Road South Gujrat ICD Tumb Gate in At the terminal Custom Clearance & Road Road LEO at ICD
Slide 18: Changing Business Dynamics
Changing Business Dynamics Organised Logistics Sector • Industry in Consolidation mode Introduction of Direct Port Delivery (DPD) • Significant Impact of the CFS Business • Volumes Drop Operationalization of ICD Tumb - Vapi • Vapi Operationalized in FY17 • Increased Volume Pickup Strengthened Balanc
Slide 19: Introduction of Direct Port Delivery: Battle for Boxes
Introduction of Direct Port Delivery : Battle for Boxes ▪ Delivery of the containers directly from the port ▪ Non-cleared & damaged containers are by default terminals moved to a JNPT-owned CFS ✓ Since April 2018, customs have allowed all CFS to ▪ Containers hauled to factories without taking to the
Slide 20: Volumes: DROP in CFS + INCREASE in ICD Tumb
Volumes : DROP in CFS + INCREASE in ICD Tumb (Nos. of TEUs in ‘000) Mumbai Vapi Total +66% +13% 83 +3% 24 100 80 23 +4% 96 +5% 76 22 92 90 93 72 74 73 73 88 71 +5% 86 7 83 6 37 40 36 17 44 33 9 42 43 34 34 38 41 48 38 34 38 14 39 10 11 7 9 15 4 17 46 31 43 42 45 46 30 26 6 5 13 38 40 48 50 48 35 44
Slide 21: PFT Movement: Led by Vapi
PFT Movement: Led by Vapi (Nos. of Trains) Mumbai Vapi Total +198% 139 141 -4% 263 388 127 130 124 125 +21% +25% 321 110 +14% 211 297 104 193 139 141 130 138 127 14 0 0 0 0 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 FY18 FY18 FY18 FY18 FY19 FY19 FY19 FY19 FY18 FY18 FY18
Slide 22: Change in the Volume Mix
Change in the Volume Mix FY18 - % TEU’s handled FY19 - % TEU’s handled Vapi 11% Vapi 23% 77% 89% Mumbai Mumbai Volumes at Vapi increased from ~39,364 TEU’s in FY18 to ~86,710 TEU’s in FY19 21
Slide 23: Strong Cash generation in business continues
Strong Cash generation in business continues Cash PAT ( Rs. Crores) Improved Debt to Equity Ratio to 0.2x 131.0 0.5 120.0 115.0 101.0 85.0 0.3 0.3 0.2 0.2 FY15 FY16 FY17 FY18 FY19 FY15 FY16 FY17 FY18 FY19 22 Note: Consolidated Financials Cash PAT = PAT + Dep + Interest on Pro. Loans
Slide 24: P&L Statement – Q4 & FY19
P&L Statement – Q4 & FY19 Particulars ( Rs. Crs ) Q4FY19 Q4FY18 Y-o-Y Q3FY19 Q-o-Q FY19 FY18 Y-o-Y Revenue from Operations 130.1 115.1 123.4 482.6 428.2 Other Operating Income 0.0 0.0 0.0 0.0 0.0 Revenue from Operations (Net) 130.1 115.1 13% 123.4 5% 482.6 428.2 13% Operating Expenses 70.1 45.1 61.7
Slide 25: Balance Sheet
Balance Sheet Particulars (Rs. Crs.) Mar-19 Mar-18 Particulars (Rs. Crs.) Mar-19 Mar-18 Assets Equity & Liabilities Non-current assets 2,154.5 2,009.4 Equity 1754.2 1,701.3 Property, Plant and Equipment 1,907.0 1,869.9 Capital Work In-Progress 13.0 Equity Share capital 150.5 150.5 121.5 Intangible A
Slide 26: Awards & Achievements
Awards & Achievements 2013 2014 Awarded Certificate of Merit by the Winner of Container Freight World Customs Organization, in 2013 Station Operator of the Year Award 2014 at the 5th All India 2013 2014 Maritime and Logistics Awards 2015 2016 2015 Winner of ICC Supply Chain Container Freight Station
Slide 27: Key Takeaways
Key Takeaways Strategic Location Modern Infrastructure ▪ Total Area: 7.71 mn sq. ft., of Experienced ▪ CFS’ strategically located which 2.21 mn sq. ft. is notified Management Team close to NHs and customs area connected to JNPT ▪ Team of skilled & qualified ▪ CFSs installed capacity : through PFT, p
Slide 28: For further information, please contact
For further information, please contact: Company : Investor Relations Advisors : Navkar Corporation Limited Strategic Growth Advisors Pvt. Ltd. CIN: L63000MH2008PLC187146 CIN: U74140MH2010PTC204285 Mr. Anish Maheshwari Mr. Jigar Kavaiya / Mr. Pratik Tirodkar Chief Financial Officer +91-7738359389 /