Cochin Shipyard Jun-24

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to Lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

Which type of vessel is being designed and constructed for the European Client?

  • Fishing Vessel
  • Container Ship
  • Bulk Carrier
  • Hybrid Service Operation Vessel (correct)

In which month did Hooghly Cochin Shipyard Limited secure an order for 2 tugs?

  • April 2024
  • January 2024
  • February 2024
  • March 2024 (correct)

What is the weight class of the tug secured by Udupi Cochin Shipyard Limited?

  • 70T (correct)
  • 40T
  • 80T
  • 60T

Which company was awarded the order for the construction of 2 ASD Tugs?

<p>Hooghly Cochin Shipyard Limited (C)</p> Signup and view all the answers

What option does the contract with the European Client include?

<p>Two more Hybrid SOVs (C)</p> Signup and view all the answers

When is the Hybrid Service Operation Vessel expected to be delivered?

<p>2026 (C)</p> Signup and view all the answers

Which initiative is NOT mentioned in the contents of the Investor Presentation?

<p>Technological Advancements (B)</p> Signup and view all the answers

What is the primary purpose of the letter addressed to the Compliance Departments of BSE and NSE?

<p>To disseminate the investor presentation (B)</p> Signup and view all the answers

What is the design life of the new dry dock project?

<p>100 Years (C)</p> Signup and view all the answers

Which of the following projects was inaugurated by the Hon’ble Prime Minister on January 17, 2024?

<p>International Ship Repair Facility Project (D)</p> Signup and view all the answers

What is the capacity of the Shiplift in the ISRF project?

<p>6000 T (A)</p> Signup and view all the answers

By when is the new dry dock expected to be fully operational?

<p>August 2024 (D)</p> Signup and view all the answers

How many passenger ferry boats will be provided according to the zero emission green vessels initiative?

<p>8 Nos (C)</p> Signup and view all the answers

What is the design speed of the fully indigenised 100 passenger ferry boat?

<p>9 Knots (B)</p> Signup and view all the answers

What is the total project cost of the new dry dock project?

<p>Rs. 1,799 Cr (C)</p> Signup and view all the answers

Which crane capacity is specifically mentioned for the new dry dock?

<p>600 T (A)</p> Signup and view all the answers

What significant event occurred in January 2024?

<p>The International Ship Repair Facility and the first stepped Dry-dock were dedicated. (D)</p> Signup and view all the answers

Which of the following vessels was delivered in February 2024?

<p>An Electric Hybrid 100 Pax Water Metro boat. (A)</p> Signup and view all the answers

What contract did CSL enter into in February 2024?

<p>Medium Refits of Two Indian Naval Vessels. (C)</p> Signup and view all the answers

Which vessel's keel was laid in April 2024?

<p>New Generation Diesel Electric 3800 DWT General Cargo vessel. (C)</p> Signup and view all the answers

What was the purpose of the Master Ship Repair Agreement (MSRA) signed in April 2024?

<p>To facilitate the repair of US Naval vessels. (B)</p> Signup and view all the answers

What major achievement took place in March 2024 regarding high-end technology?

<p>Maiden Surface run of High Endurance Autonomous Underwater Vehicle was successful. (B)</p> Signup and view all the answers

In which month did UCSL deliver 'Ocean Splendour'?

<p>March 2024 (A)</p> Signup and view all the answers

Which organization awarded CSL the Kerala Industrial Safety Award in 2023?

<p>Government of Kerala. (B)</p> Signup and view all the answers

What is the target completion date for the Fast Charging LTO Battery project?

<p>December 2023 (B), November 2024 (D)</p> Signup and view all the answers

What is the initial corpus amount for the Maritime Start Up Engagement Programme?

<p>Rs 50 Crores (B)</p> Signup and view all the answers

Which type of funding provides the highest amount per start-up in this engagement programme?

<p>Pilot Grant Scheme (B)</p> Signup and view all the answers

What percentage of the total order book position is represented by the Defence category?

<p>73% (B)</p> Signup and view all the answers

How many vessels are included in the Commercial - Domestic category?

<p>18 (D)</p> Signup and view all the answers

Which subsidiary is indicated with a specific value in the order book position?

<p>Hooghly Cochin Shipyard Limited (HCSL) (C)</p> Signup and view all the answers

What is the approximate total order book position in terms of Rs Crores?

<p>Rs 22,000 Crs (B)</p> Signup and view all the answers

Which category has the lowest number of vessels in the order book position?

<p>Defence (D)</p> Signup and view all the answers

What is the approximate total value of shipbuilding order pipeline possibilities?

<p>Rs. 10,000 Crs. (B)</p> Signup and view all the answers

What percentage of the ship repair orders is dedicated to defence?

<p>59% (D)</p> Signup and view all the answers

Which of the following is NOT a category mentioned for order values?

<p>Government - Foreign (D)</p> Signup and view all the answers

What is the approximate value of ship repair orders in Udupi Cochin Shipyard Limited?

<p>Rs. 1,250 Crs. (B)</p> Signup and view all the answers

How much is the approximate order value of vessels for domestic clients?

<p>Rs. 2,000 Crs. (A)</p> Signup and view all the answers

Which of the following order stages has a project value of Rs. 1,500 Crs.?

<p>Govt./ RFP Stage (A)</p> Signup and view all the answers

What is the total value mentioned for other project proposals that are in the RFI/Mid Stage?

<p>Rs. 50,000 Crs. (A)</p> Signup and view all the answers

What is the balance amount of orders to be recognized for shipping according to the relevant information?

<p>Rs. 1,250 Crs. (B)</p> Signup and view all the answers

What was the profit before tax for FY 24 Q4 on a standalone basis?

<p>345.48 Rs Crs (C)</p> Signup and view all the answers

What was the year-over-year percentage increase in turnover for the consolidated FY 24?

<p>56% (B)</p> Signup and view all the answers

Which of the following figures represents the EPS for FY 24 consolidated?

<p>29.77 Rs (B)</p> Signup and view all the answers

How much did the profit after tax increase in percentage from FY 23 to FY 24 consolidated?

<p>143% (C)</p> Signup and view all the answers

What was the net worth for the standalone financials in FY 24?

<p>5025.87 Rs Crs (B)</p> Signup and view all the answers

Which of the following statements is true regarding the EBITDA margins for FY 24 consolidated?

<p>EBITDA margin was 32% (A)</p> Signup and view all the answers

What was the total income for FY 24 Q4 on a standalone basis?

<p>1,304.87 Rs Crs (C)</p> Signup and view all the answers

Which vessel type has had the highest delivery count as per the status of vessels under construction?

<p>Hybrid Electric Catamaran Hull (C)</p> Signup and view all the answers

In which year was the profit after tax for FY 24 Q4 standing at 264.67 Rs Crs?

<p>FY 24 (C)</p> Signup and view all the answers

What was the value of net debt for consolidated FY 24?

<p>23.02 Rs Crs (B)</p> Signup and view all the answers

What was the increase in PAT margins for standalone FY 24 Q4 compared to FY 23 Q4?

<p>163% (D)</p> Signup and view all the answers

Which of the following accounted for the largest share of the standalone revenue mix in FY 24 Q4?

<p>Shipbuilding (A)</p> Signup and view all the answers

Which quarter showed a profit before tax increase of 493% on a standalone basis?

<p>FY 24 Q4 (A)</p> Signup and view all the answers

Which measurement demonstrates the return on equity for FY 24?

<p>17% (B)</p> Signup and view all the answers

Flashcards

Hybrid Service Operation Vessel (Hybrid SOV)

A Hybrid Service Operation Vessel (Hybrid SOV) is a type of vessel that can operate in both offshore and onshore environments using a combination of conventional propulsion and electric propulsion systems.

ASD Tug

A type of tugboat designed for assisting ships in harbors and ports.

Bollard Pull Tug

A type of tugboat with high bollard pull, used for demanding towing operations.

Ship Order

An order for a new ship received by a shipyard.

Signup and view all the flashcards

Offshore Oil & Gas

A company that specializes in providing services to the offshore oil and gas industry.

Signup and view all the flashcards

Industrial Handling

A company that specializes in providing services for ship handling and port operations.

Signup and view all the flashcards

Cochin Shipyard Limited (CSL) secures a Hybrid SOV order

Cochin Shipyard Limited, a leading shipbuilding company in India, secured an order for a Hybrid SOV.

Signup and view all the flashcards

CSL receives Hybrid SOV order from European client

Cochin Shipyard Limited (CSL) received an order for the design and construction of a Hybrid SOV from a European client.

Signup and view all the flashcards

What is a Bollard Pull Tug?

A type of tugboat designed for towing operations, particularly for demanding tasks like moving large vessels.

Signup and view all the flashcards

What is a Service Operation Vessel (SOV)?

A type of vessel used to perform maintenance and support operations for offshore installations, such as wind farms.

Signup and view all the flashcards

What is a Hybrid Vessel?

A ship that combines traditional propulsion systems with electric systems, allowing for greater efficiency and reduced emissions.

Signup and view all the flashcards

What is a Passenger Vessel?

A type of vessel designed to carry passengers on waterways, especially for short-distance journeys.

Signup and view all the flashcards

What is a Medium Refits of a Naval Vessel?

A process of repairing and maintaining a ship to ensure it remains in good working condition.

Signup and view all the flashcards

What is Steel Cutting?

The process of cutting the first piece of steel to begin the construction of a ship.

Signup and view all the flashcards

What is Keel Laying?

A ceremony that marks the beginning of a ship's construction, often involving placing the keel (the central structural piece of the ship) into place.

Signup and view all the flashcards

What is a High Endurance Autonomous Underwater Vehicle (HEAUV)?

An underwater vehicle designed for autonomous operation, capable of extended missions.

Signup and view all the flashcards

Turnover

The total revenue earned by a company during a specific period (e.g., quarter or year).

Signup and view all the flashcards

Gross Profit

The difference between total revenue and the total cost of goods sold, representing the profit a company makes from its core operations.

Signup and view all the flashcards

Profit Before Tax (PBT)

The amount of profit a company makes before deducting income taxes.

Signup and view all the flashcards

Profit After Tax (PAT)

The profit a company makes after deducting all expenses, including taxes.

Signup and view all the flashcards

Earnings Per Share (EPS)

The profit a company makes on each share of its stock outstanding.

Signup and view all the flashcards

Profit Margin

The percentage of a company's revenue that is retained as profit after deducting all expenses.

Signup and view all the flashcards

Earnings Before Interest, Taxes, Depreciation & Amortization (EBITDA)

A company's total earnings before deducting taxes, interest, and depreciation.

Signup and view all the flashcards

Price-to-Earnings Ratio (P/E Ratio)

The ratio of earnings per share to the market price per share.

Signup and view all the flashcards

Net Worth

The total value of a company's assets minus its total liabilities.

Signup and view all the flashcards

Net Debt

The amount of debt a company has.

Signup and view all the flashcards

Hybrid SOV

A type of vessel that can operate in both offshore and onshore environments using a combination of conventional propulsion and electric propulsion systems.

Signup and view all the flashcards

Multipurpose Vessel

A type of vessel used for transporting goods and materials in the offshore industry.

Signup and view all the flashcards

7K Multipurpose Vessels

A type of vessel used for transporting large quantities of materials, often used in the offshore industry.

Signup and view all the flashcards

Commissioning

The process of making changes to a ship before it is put into service.

Signup and view all the flashcards

Trailer Suction Hopper Dredger

A type of ship designed to dredge, or remove, materials (like sand or silt) from underwater areas using a suction system and a hopper for storing the dredged material.

Signup and view all the flashcards

Hydrogen Fuel Cell Vessel

A new type of vessel that uses hydrogen as its fuel source, offering a cleaner and more environmentally friendly alternative to traditional fossil fuel-powered vessels.

Signup and view all the flashcards

What is the New Dry Dock project?

A large, dry dock facility capable of accommodating vessels of various sizes and types, including larger tankers, aircraft carriers, and even jack-up rigs.

Signup and view all the flashcards

What is the International Ship Repair Facility (ISRF) Project?

A specialized facility primarily focused on repairing and maintaining ships, especially larger vessels, and offering a range of services for the international shipping industry.

Signup and view all the flashcards

What is an electric catamaran ferry?

A type of vessel specifically designed to carry passengers, offering a more sustainable and environmentally conscious option for short-distance trips.

Signup and view all the flashcards

What is the 100 Passenger Ferry Boat?

A small, passenger ferry powered by a combination of hydrogen fuel cells and solar energy, aiming for zero-emission operation.

Signup and view all the flashcards

What is a dry dock?

A large, dry dock facility capable of accommodating vessels of various sizes and types, including larger tankers, aircraft carriers, and even jack-up rigs.

Signup and view all the flashcards

What is a Ship Repair Facility?

A facility dedicated to repairing and maintaining ships, particularly focusing on larger vessels and offering a variety of services for the global maritime industry.

Signup and view all the flashcards

CSL's Maritime Start Up Engagement Programme

A program designed to support early-stage maritime companies in India. It provides funding, mentorship, and resources to help these ventures grow.

Signup and view all the flashcards

SWAYAT

An autonomous surface vessel that is fully indigenous and meets international maritime standards. It's designed for both commercial and defense applications.

Signup and view all the flashcards

Rs 50 Crores initial corpus

A fund with an initial investment of Rs. 50 crores to support promising maritime startups.

Signup and view all the flashcards

Seed Fund Scheme

A scheme providing up to Rs. 50 lakhs to maritime startups in the early stages of their development.

Signup and view all the flashcards

Pilot Grant Scheme

A funding scheme offering up to Rs. 100 lakhs to maritime startups for testing their products or services in real-world scenarios.

Signup and view all the flashcards

Equity Investment

A type of funding where an investor receives ownership equity in the startup in exchange for financial support.

Signup and view all the flashcards

Order Book Position

The value of orders received for shipbuilding projects, representing future revenue for the company.

Signup and view all the flashcards

Defence

Orders for ships used for defense purposes, such as warships and patrol boats.

Signup and view all the flashcards

Order Pipeline/Possibilities

The amount of money a company expects to earn from future ship-building and repair projects. This is a good indicator of potential future earnings for a company, as it essentially represents work already secured.

Signup and view all the flashcards

Ship Repair Orders

The balance amount of orders for ship repair that are yet to be fulfilled.

Signup and view all the flashcards

Udupi Cochin Shipyard Limited (UCSL)

Udupi Cochin Shipyard Limited (UCSL) is a leading shipbuilding company in India, known for its expertise in building both commercial and defense vessels.

Signup and view all the flashcards

Green Vessels

These are vessels designed for specific tasks, like cargo handling, that have the potential to be environmentally friendly.

Signup and view all the flashcards

Conventional Vessels

These are vessels that are built traditionally without any specific ecological features.

Signup and view all the flashcards

UCSL Services

UCSL offers a variety of shipbuilding and repair services, including shipbuilding for defense purposes.

Signup and view all the flashcards

RFI/Mid Stage

This is a stage of project planning where a company explores potential avenues for securing new projects, gauging interest from potential clients.

Signup and view all the flashcards

Subsidiaries

This refers to companies that are subsidiaries of a larger organization like UCSL, often specializing in specific aspects of the larger company's offerings.

Signup and view all the flashcards

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.

Quiz Team

More Like This

Maritime Manufacturing Culture
12 questions
Maritime Industry Overview
10 questions

Maritime Industry Overview

AwesomeGreenTourmaline avatar
AwesomeGreenTourmaline
Use Quizgecko on...
Browser
Browser