q1 fy16 presentation - essar ports · vizag: on 14th may 2015, vizag iron ore handling facility had...
TRANSCRIPT
Under Development
20 MTPA Dry Bulk Terminal at Salaya
20 MTPA General Cargo Terminal at Hazira
16 MTPA Iron Ore Berth at Vizag
18 MTPA Coal Terminal at Paradip
Operational
Under Construction
58 MTPA Liquid Terminal at Vadinar
30 MTPA Dry Bulk / General Cargo Terminal at
Hazira
16 MTPA Dry Bulk Terminal at Paradip
16 MTPA Iron Ore Berths at Vizag
Current capacity of 120 MMTPA to be scaled up to 194 MMTPA
Essar Ports – Portfolio Overview
PRESENCE IN HIGH GROWTH AND STRATEGIC LOCATIONS REGIONS OF INDIA
Existing rail line
Existing roads
Cement plant
Chemical and oil & gas plant
Steel plant
Fertilizer plant
Power plant
Dedicated Freight Corridor
Salaya
Paradip I (Dry
Bulk)Hazira
INDIA
INDIAN
OCEAN
Paradip II
(Coal)
Vadinar
Hinterland
for Essar
Ports
Hazira
Salaya
Vadinar
Vizag (Iron Ore)
Paradip
Vishakhapatnam
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9.71 10.44
5.94 5.94
2.00 2.00
1.13 -
Q1 FY'16 - Billed Qty Q1 FY'15 - Billed Qty
In M
MT
Billed Cargo Quantities
Vadinar Hazira Paradip Vizag
Key Performance Highlights
Billed cargo quantity for Q1 FY16 was 18.78 MMT as
against
18.38 MMT during Q1 FY15
18.43 MMT during Q4 FY15
Projected traffic growth during the year backed by
Takeover of Vizag Iron Ore terminal
Committed cargo volumes of anchor customer at
various locations
Particulars ( In Rs Cr) Q1 FY16 Q4 FY15 Growth% Q1 FY15 Growth %
Total Revenues 452.2 440.2 3% 431.6 5%
EBITDA 364.9 348.1 5% 346.8 5%
PAT 99.1 104.6 -5% 92.2 7%
EPS (Rs. per Share) 2.31 2.44 -5% 2.15 7%
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18.78 18.38
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Awards and Accolades
Essar Ports Limited has been commended with CII-Scale awards : Exemplary position under Terminal Operator category
Paradip dry bulk terminal has been commended with Gold award for Best Safety Practice in Service Sector at 14th
Greentech Safety Awards 2015.
Paradip dry bulk terminal received ISO certification for Quality Management System, Occupational Health &
Management System, and Environmental Management System
Operating and Key Highlights
Cargo handling performance
Vadinar : During the quarter Q1 FY16, Vadinar handled 9.70 MMT cargo as against 10.44 MMT during Q1 FY15
Hazira: During the quarter Q1 FY16, Hazira billed 5.94 MMT which is same as corresponding quarter of previous year.
Hazira terminal handled 2.1 MMT during Q1 FY16 as against 3.3 MMT in Q1 FY15 and 2.73 MMT in Q4 FY15
Paradip: During the quarter Q1 FY16, Paradip CQ III billed 2.00 MMT. Paradip terminal handled 0.52 MMT during Q1
FY16 as against 0.01 MMT in Q1 FY15 and 0.36 MMT in Q4 FY15
Vizag: During the quarter Q1 FY16, Vizag iron ore terminal billed cargo was 1.13 MMT as per take or pay arrangement
and 0.43 MMT was the actual handled cargo. The Project was taken over on 14th May 2015.
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Strategic developments / Approvals received
Vizag: On 14th May 2015, Vizag Iron Ore handling facility had been taken over from Vishakhapatnam Port Trust (VPT)
for operation and upgradation of existing iron ore handling facility.
Salaya: Bund construction of ~3 km out of total 5.56 km completed. Hard soil strata dredging in full swing. Project
expected to be completed during the year. The Company has also acquired required land to lay conveyor system.
Paradip Coal Terminal: The port land site has been cleared of all encumbrances. The project is proposed to be taken
over soon post financial closure.
Operating and Key Highlights
1.7
2.4 2.2 2.3
Q1 FY13 Q1 FY14 Q1 FY15 Q1 FY16
INR
per
Share
EPS
69
101 93 99
Q1 FY13 Q1 FY14 Q1 FY15 Q1 FY16
INR
Cro
re
PAT
271
335 346 365
Q1 FY13 Q1 FY14 Q1 FY15 Q1 FY16
INR
Cro
re
EBITDA
330
411 432 452
Q1 FY13 Q1 FY14 Q1 FY15 Q1 FY16
INR
Cro
re
Revenue
Financial Performance
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Consolidated revenue for the quarter was
Rs. 452.2 cr, growth of 5% over
corresponding quarter last year (Q1
FY15).
Consolidated EBITDA for the quarter was
at Rs. 364.9 cr, growth of 5% as against
corresponding quarter of previous year.
Consolidated Net Profit for the quarter
has increased by 7% to Rs. 99.1 cr as
against corresponding quarter of previous
year.
EPS for Q1 FY’16 is Rs. 2.31 per share
Highlights
Financial Performance
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(Figures in Rs Crore) Q1 FY16 Q4 FY15 Q1 FY15
Total Income 452.2 440.2 431.6
Total Expenses 87.3 92.2 84.8
EBITDA 364.9 348.1 346.8
EBITDA Margin 81% 79% 80%
Interest and Finance Expenses 179.6 163.3 161.4
Profit Before Depreciation and Tax 185.3 184.8 185.4
Depreciation 60.3 20.3 74.8
Profit Before Tax 125.0 164.5 110.6
Tax 25.5 60.5 17.8
Adjustment for Share of Minority Interest 0.4 -0.7 0.7
Profit After Tax 99.1 104.6 92.2
Basic EPS (Rs) 2.31 2.44 2.15
Long term Bank borrowings as on 30th
June 2015 (Rs. Cr)
Operating Projects 4,649
Under Construction
Projects1,393
TOTAL 6,042
Vadinar Photographs
Product Jetties – Draft 20m, 16m
Jetty Area
SBM – Draft 32 m
Jetty With Loading arms in operation
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Vadinar Photographs.. contd
Product and Intermediate Tankage Farm
Rail Gantry
Crude Oil Tankage farm
Road Gantry
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Legal Disclaimer
“This presentation is for information purposes only and does not constitute an offer, solicitation or advertisement withrespect to the purchase or sale of any security of Essar Ports Limited (the “Company” or “EPL” or “Essar Ports Limited”)and no part of it shall form the basis of or be relied upon in connection with any contract or commitment whatsoever.
This presentation is not a complete description of the Company. Certain statements in this presentation contain words orphrases that are forward looking statements. All forward-looking statements are subject to risks, uncertainties andassumptions that could cause actual results to differ materially from those contemplated by the relevant forward lookingstatement. Any opinion, estimate or projection herein constitutes a judgment as of the date of this presentation, and therecan be no assurance that future results or events will be consistent with any such opinion, estimate or projection. Theinformation in this presentation is subject to change without notice, its accuracy is not guaranteed, it may be incomplete orcondensed and it may not contain all material information concerning the Company. We do not have any obligation to,and do not intend to, update or otherwise revise any statements reflecting circumstances arising after the date of thispresentation or to reflect the occurrence of underlying events, even if the underlying assumptions do not come to fruition.
All information contained in this presentation has been prepared solely by the Company. No information contained hereinhas been independently verified by anyone else. No representation or warranty (express or implied) of any nature ismade nor is any responsibility or liability of any kind accepted with respect to the truthfulness, completeness or accuracyof any information, projection, representation or warranty (expressed or implied) or omissions in this presentation. Neitherthe Company nor anyone else accepts any liability whatsoever for any loss, howsoever, arising from any use or relianceon this presentation or its contents or otherwise arising in connection therewith. This presentation may not be used,reproduced, copied, distributed, shared or disseminated in any other manner.
The distribution of this document in certain jurisdictions may be restricted by law and persons into whose possession thispresentation comes should inform them about, and observe, any such restrictions.”
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