Podcast
Questions and Answers
Which type of vessel is being designed and constructed for the European Client?
Which type of vessel is being designed and constructed for the European Client?
In which month did Hooghly Cochin Shipyard Limited secure an order for 2 tugs?
In which month did Hooghly Cochin Shipyard Limited secure an order for 2 tugs?
What is the weight class of the tug secured by Udupi Cochin Shipyard Limited?
What is the weight class of the tug secured by Udupi Cochin Shipyard Limited?
Which company was awarded the order for the construction of 2 ASD Tugs?
Which company was awarded the order for the construction of 2 ASD Tugs?
Signup and view all the answers
What option does the contract with the European Client include?
What option does the contract with the European Client include?
Signup and view all the answers
When is the Hybrid Service Operation Vessel expected to be delivered?
When is the Hybrid Service Operation Vessel expected to be delivered?
Signup and view all the answers
Which initiative is NOT mentioned in the contents of the Investor Presentation?
Which initiative is NOT mentioned in the contents of the Investor Presentation?
Signup and view all the answers
What is the primary purpose of the letter addressed to the Compliance Departments of BSE and NSE?
What is the primary purpose of the letter addressed to the Compliance Departments of BSE and NSE?
Signup and view all the answers
What is the design life of the new dry dock project?
What is the design life of the new dry dock project?
Signup and view all the answers
Which of the following projects was inaugurated by the Hon’ble Prime Minister on January 17, 2024?
Which of the following projects was inaugurated by the Hon’ble Prime Minister on January 17, 2024?
Signup and view all the answers
What is the capacity of the Shiplift in the ISRF project?
What is the capacity of the Shiplift in the ISRF project?
Signup and view all the answers
By when is the new dry dock expected to be fully operational?
By when is the new dry dock expected to be fully operational?
Signup and view all the answers
How many passenger ferry boats will be provided according to the zero emission green vessels initiative?
How many passenger ferry boats will be provided according to the zero emission green vessels initiative?
Signup and view all the answers
What is the design speed of the fully indigenised 100 passenger ferry boat?
What is the design speed of the fully indigenised 100 passenger ferry boat?
Signup and view all the answers
What is the total project cost of the new dry dock project?
What is the total project cost of the new dry dock project?
Signup and view all the answers
Which crane capacity is specifically mentioned for the new dry dock?
Which crane capacity is specifically mentioned for the new dry dock?
Signup and view all the answers
What significant event occurred in January 2024?
What significant event occurred in January 2024?
Signup and view all the answers
Which of the following vessels was delivered in February 2024?
Which of the following vessels was delivered in February 2024?
Signup and view all the answers
What contract did CSL enter into in February 2024?
What contract did CSL enter into in February 2024?
Signup and view all the answers
Which vessel's keel was laid in April 2024?
Which vessel's keel was laid in April 2024?
Signup and view all the answers
What was the purpose of the Master Ship Repair Agreement (MSRA) signed in April 2024?
What was the purpose of the Master Ship Repair Agreement (MSRA) signed in April 2024?
Signup and view all the answers
What major achievement took place in March 2024 regarding high-end technology?
What major achievement took place in March 2024 regarding high-end technology?
Signup and view all the answers
In which month did UCSL deliver 'Ocean Splendour'?
In which month did UCSL deliver 'Ocean Splendour'?
Signup and view all the answers
Which organization awarded CSL the Kerala Industrial Safety Award in 2023?
Which organization awarded CSL the Kerala Industrial Safety Award in 2023?
Signup and view all the answers
What is the target completion date for the Fast Charging LTO Battery project?
What is the target completion date for the Fast Charging LTO Battery project?
Signup and view all the answers
What is the initial corpus amount for the Maritime Start Up Engagement Programme?
What is the initial corpus amount for the Maritime Start Up Engagement Programme?
Signup and view all the answers
Which type of funding provides the highest amount per start-up in this engagement programme?
Which type of funding provides the highest amount per start-up in this engagement programme?
Signup and view all the answers
What percentage of the total order book position is represented by the Defence category?
What percentage of the total order book position is represented by the Defence category?
Signup and view all the answers
How many vessels are included in the Commercial - Domestic category?
How many vessels are included in the Commercial - Domestic category?
Signup and view all the answers
Which subsidiary is indicated with a specific value in the order book position?
Which subsidiary is indicated with a specific value in the order book position?
Signup and view all the answers
What is the approximate total order book position in terms of Rs Crores?
What is the approximate total order book position in terms of Rs Crores?
Signup and view all the answers
Which category has the lowest number of vessels in the order book position?
Which category has the lowest number of vessels in the order book position?
Signup and view all the answers
What is the approximate total value of shipbuilding order pipeline possibilities?
What is the approximate total value of shipbuilding order pipeline possibilities?
Signup and view all the answers
What percentage of the ship repair orders is dedicated to defence?
What percentage of the ship repair orders is dedicated to defence?
Signup and view all the answers
Which of the following is NOT a category mentioned for order values?
Which of the following is NOT a category mentioned for order values?
Signup and view all the answers
What is the approximate value of ship repair orders in Udupi Cochin Shipyard Limited?
What is the approximate value of ship repair orders in Udupi Cochin Shipyard Limited?
Signup and view all the answers
How much is the approximate order value of vessels for domestic clients?
How much is the approximate order value of vessels for domestic clients?
Signup and view all the answers
Which of the following order stages has a project value of Rs. 1,500 Crs.?
Which of the following order stages has a project value of Rs. 1,500 Crs.?
Signup and view all the answers
What is the total value mentioned for other project proposals that are in the RFI/Mid Stage?
What is the total value mentioned for other project proposals that are in the RFI/Mid Stage?
Signup and view all the answers
What is the balance amount of orders to be recognized for shipping according to the relevant information?
What is the balance amount of orders to be recognized for shipping according to the relevant information?
Signup and view all the answers
What was the profit before tax for FY 24 Q4 on a standalone basis?
What was the profit before tax for FY 24 Q4 on a standalone basis?
Signup and view all the answers
What was the year-over-year percentage increase in turnover for the consolidated FY 24?
What was the year-over-year percentage increase in turnover for the consolidated FY 24?
Signup and view all the answers
Which of the following figures represents the EPS for FY 24 consolidated?
Which of the following figures represents the EPS for FY 24 consolidated?
Signup and view all the answers
How much did the profit after tax increase in percentage from FY 23 to FY 24 consolidated?
How much did the profit after tax increase in percentage from FY 23 to FY 24 consolidated?
Signup and view all the answers
What was the net worth for the standalone financials in FY 24?
What was the net worth for the standalone financials in FY 24?
Signup and view all the answers
Which of the following statements is true regarding the EBITDA margins for FY 24 consolidated?
Which of the following statements is true regarding the EBITDA margins for FY 24 consolidated?
Signup and view all the answers
What was the total income for FY 24 Q4 on a standalone basis?
What was the total income for FY 24 Q4 on a standalone basis?
Signup and view all the answers
Which vessel type has had the highest delivery count as per the status of vessels under construction?
Which vessel type has had the highest delivery count as per the status of vessels under construction?
Signup and view all the answers
In which year was the profit after tax for FY 24 Q4 standing at 264.67 Rs Crs?
In which year was the profit after tax for FY 24 Q4 standing at 264.67 Rs Crs?
Signup and view all the answers
What was the value of net debt for consolidated FY 24?
What was the value of net debt for consolidated FY 24?
Signup and view all the answers
What was the increase in PAT margins for standalone FY 24 Q4 compared to FY 23 Q4?
What was the increase in PAT margins for standalone FY 24 Q4 compared to FY 23 Q4?
Signup and view all the answers
Which of the following accounted for the largest share of the standalone revenue mix in FY 24 Q4?
Which of the following accounted for the largest share of the standalone revenue mix in FY 24 Q4?
Signup and view all the answers
Which quarter showed a profit before tax increase of 493% on a standalone basis?
Which quarter showed a profit before tax increase of 493% on a standalone basis?
Signup and view all the answers
Which measurement demonstrates the return on equity for FY 24?
Which measurement demonstrates the return on equity for FY 24?
Signup and view all the answers
Study Notes
Cochin Shipyard Limited Investor Presentation - Q4 FY24 Financial Results and Highlights
- Date: May 31, 2024
- Presentation Subject: Investor Presentation – Q4 FY24 Financial Results and Highlights
- Purpose: Dissemination of Q4 FY24 financial results and highlights to members.
- Attachments: Investor presentation document included in the submission
Contents of Investor Presentation
- Important Operational Events for Q4 FY24
- Financial Performance Q4 FY24
- Infrastructure Augmentation
- Novel & Green Initiatives
- Order Book Position
Highlights - Orders
- January 2024: Contract signed with a European client for a Hybrid Service Operation Vessel (Hybrid SOV) delivery in 2026.
- March 2024: Hooghly Cochin Shipyard Limited (HCSL) secured an order for two 40T Bollard Pull ASD Tugs for Industrial Handling Pvt. Ltd.
- April 2024: Udupi Cochin Shipyard Limited (UCSL) secured an order for a 70T Bollard Pull Tug for Polestar Maritime Limited.
- May 2024: CSL secured an additional order from the same European client for a Hybrid SOV, with an option for two more vessels, anticipated completion by late 2026.
- May 2024: UCSL secured an order for three 70T Bollard Pull Tugs for Ocean Sparkle Limited.
- February 2024: CSL contracted with the Indian Navy for undertaking the Medium Refits of two Indian Naval Vessels.
- April 2024: CSL signed a Master Ship Repair Agreement (MSRA) with the United States Navy, to repair US Naval vessels under Military Sealift Command at CSL.
Highlights - Vessels Delivered
- February 2024: India's first indigenously built Hydrogen Fuel Cell Vessel was flagged off by the Hon'ble Prime Minister.
- February/April 2024: Two Electric Hybrid 100 Pax Water Metro boats were delivered to Kochi Metro.
- March 2024: UCSL delivered "Ocean Splendour," a 62T Bollard Pull Tug for Ocean Sparkle Limited.
- May 2024: UCSL delivered "Konna Star," a 70T Bollard Pull Tug for Polestar Maritime Limited.
Highlights - Major Events
- January 2024: The Hon'ble Prime Minister dedicated the International Ship Repair Facility (ISRF) and the world's first stepped Dry-dock to the nation, signifying a major milestone in augmenting India's Maritime capability.
- February 2024: Steel cutting for a Zero Emission Feeder Container vessel for a European client was completed.
- February 2024: Keel laying of three Hybrid Electric Catamaran Passenger vessels planned for Inland Waterways Authority of India (IWAI) by HCSL.
- March 2024: CSL successfully completed the maiden surface run of a High Endurance Autonomous Underwater Vehicle (HEAUV). Also secured the prestigious Kerala Industrial Safety Award 2023 for safety excellence in Very Large Factories (Engineering).
- April 2024: Keel laying of a 3,800 DWT General Cargo vessel, built for Wilson Shipowning AS, Norway, held at UCSL.
Financial Performance Q4 FY24
- Financial highlights are presented in tables containing turnover, profit before tax (PBT), profit after tax (PAT), earnings per share (EPS), and EBITDA for both standalone and consolidated periods of FY24 quarter and prior year quarter. Quantities are in (Rs. Crs.)
- Revenue mix and key financial parameters (net worth, book value per share, net debt) are also shown.
- Figures show substantial increases year-on-year in key financial indicators, including turnover and profits.
Infrastructure Augmentation
-
New Dry Dock Project:
- Dock size: 310m x 75/60m x 13m (stepped dry dock)
- Design life: 100 years
- Draught of vessel: Up to 9.5 m
- Cranes: 600T, 75T, and 40T
- Project cost: Rs. 1,799.00 Cr.
- Expenditure till date: Rs. 1,312.49 Cr.
- Operational by: Aug 2024.
-
International Ship Repair Facility (ISRF) Project:
- Land Area: 16.254 ha
- Marine Area: 16.15 ha
- Shiplift capacity: 6,000 Tonnes
- Project Cost: Rs. 970 Crore
- Expenditure till date: Rs. 797.45 Crore
- Operational by: Aug 2024.
Novel & Green Initiatives
- H2 Fuel Cell Vessel (Pilot Project by CSL): 100 Passenger Ferry Boat, completely indigenous technology, H2 Fuel Cell, and Solar Plant. Trials successful and operated in Varanasi on May 18, 2024.
- Electric Catamaran Ferry (8 Nos): 8 vessels contracted by IWAI. Air-conditioned passenger area for 50 pax, 9 knots design speed, and fast charging 120 kWh target completion Dec 2023 – Nov 2024.
Order Book Position
- Total Order Book Position (Approximately): Rs.22,000 Crore
- Order book figures for commercial, defense and government projects broken down by subsidiary.
Studying That Suits You
Use AI to generate personalized quizzes and flashcards to suit your learning preferences.
Related Documents
Description
Test your knowledge on recent developments and contracts within the shipbuilding industry. This quiz covers topics related to vessel design, construction orders, and important initiatives in the sector. Perfect for students and professionals interested in maritime operations.
