Mazagon Dock Shipbuilders Ltd. Investor Presentation Q3/FY24-25 PDF

12704102 W e HrgnITa...

12704102 W e HrgnITa 2o Rfieed fifis (VIR TRER ITHH) ® Mazagon Dock Shipbuilders Lid. (Formerly Mazagon Dock Limited) (A Govt. of India Undertaking) gt g, R, HE-400 010 Dockyard Road, Mazagon, Mumbai - 400 010 Certified - 1SO 9001 Company CIN :£.35100MH1934G01002079 Had S G C/BSENSEDISCL/90/2024-25 Ref. No.: T ¢ 7 February 2025 Date : To To BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, C-1, Block G Dalal Street, Bandra Kurla Complex Mumbai - 400 001 Bandra (E), Mumbai - 400 051 Scrip Code: 543237 NSE Symbol: MAZDOCK Subject: Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015 - Corporate Investors Presentation on Company’s Performance for the quarter and period ended on 31 December 2024 Dear Sit/ Madam, ‘With reference to the captioned subject, kindly note that Corporate Investors Presentation on Company’s Performance for the quarter and period ended on 31 December 2024 has been uploaded on Mazagon Dock Shipbuilders Limited website, a copy of which is enclosed herewith for your reference. This is for your information and record. Thanking You, Yours Faithfully, For MAZAGON DOCK SHIPBUILDERS LIMITED Digitally signed by Madhavi Madhavi Vishwanath Kulkarni Vishwanath Kulkarni Date: 2025.02.07 15:35:35 +05'30' (Madhavi Kulkarni) Company Secretary & Compliance officer Encl: as above W +91(22) 2376 2000 % (Design) +01(22) 23738158 (Proj-C) +91(22) 23738147 dmamge : www.mazdock.com Phone +01(22) 2376 3000 Fax (Material91(22) 2373 8151 (East Yd.) +91(22) 2373 8333 Website : www.mazdock.com aoEvssENTOF +01(22) 2376 4000 (Finance)+91(22) 2373 8338 DI e REGTER OF  Mazagon Dock Shipbuilders Limited Investor Presentation Q3/FY24-25 MDL OVERVIEW  ‘Navratna’ Only Shipyard to 805 Vessels be conferred Tri-Commissioning Delivered from Navratna Status 15th January,2025 was 1960: 30 Warships the Landmark day in from advanced Indian history as Indian Destroyer to Missile Navy Commissioned Boats, & three frontline 8 Submarines combatants i.e INS Nilgiri, INS Surat & INS Vaghsheer. Frigate Project MDL IN A SNAPSHOT Only MDL is the lead shipyard for building 4 India’s only shipyard to of the Nilgiri Class have built Destroyers, Stealth Frigates ,first conventional Submarines ship was delivered on for the Indian Navy & December 20,2024 manufactured Corvettes Kalvari Class in India Destroyer Project Submarines Project All 4 Destroyers are delivered ahead of Delivered all 6 schedule Submarines between 2017-2025  THE PROUD JOURNEY SO FAR Incorporated as a private Delivered the 1st Commissioned 1st Indian company Frigate, INS Nilgiri built Submarine, INS Shalki 1774 1960 1972 1984 1992 1997 1934 Journey started with a Acquired by the Starts Constructing Commissioned 1st Small Dry Dock Government of India submarines Destroyer, INS Delhi Tri-Commissioning Delivered 6 Submarines between 2017-24 15th January,2025 Delivered 4rd Destroyer in 20th Dec 2024 was the Landmark EMS ISO – 14001:2015 / Health & Safety day in India’s history Management System – ISO 45001:2018 as Indian Navy ISO/IEC 27001:2013 for Cyber Security/Data Centre Commissioned three frontline 4th Stealth Frigate Project 17A combatants i.e INS Mahendragiri Launched on 1st September Nilgiri, INS Surat & Commissioned INS Imphal a Third INS Vaghsheer. Delivered 2 Submarines and 1 Destroyer on 26th December Delivery of 1st Scorpene Awarded Mini Ratna 2025 Destroyer in a single Calendar Year Class Submarine, INS Kalvari Category – I status 2024 2023 2022 2021 2020 2015 2017 2006 Awarded Navratna status by For the first time, launched a Listing of MDL Shares on BSE Signs an agreement the Department of Public frigate and a destroyer on the & NSE - Oversubscribed by to build four frigates Enterprises same day 157 Times Delivery of INS Surat & INS Nilgiri on 20th Dec, 2024 STRENGTH OF THE COMPANY Only Public Sector Defence Shipyard Constructing 1 Destroyers & Submarines World Class Infrastructure 2 Capacity of building 11 Submarines & 10 War Ships concurrently Strategically Located 3 Healthy Order Book Indigenization of Warships Despite Covid Pandemic & associated shortage of oxygen , 4 global shortage of chips, delivered 5 Scorpene Submarine to Indian Navy between 2017 to 2022. Delivered 7 Destroyers between 2014 to 2025 i.e, One 5 Destroyer every 18 Months 3rd Destroyer of P15B delivered 5 Months ahead of Schedule 4th Destroyer of P15B delivered 2 Months ahead of Schedule 6 Consistent Profitability since more than 20 years Consistent Dividend Zero Debt  WORLD- CLASS INFRASTRUCTURE  Shipbuilding Division:  Submarine Division: 3 Dry Docks, 3 Wet Basins, Fabrication Shops 3 Big Slipways, 6 Small Slipways Production, Assembly Sub-section Assembly & & Electrical Shops Section formation Shops 300 Tonne Goliath Cradle Assembly Shop for Crane equipment outfitting Shore Integration Facility Submarine Dry Dock Machine and Fitting, Shore Integration Instrumentation Shop Facility  DIVERSE AND DISTINGUISHED MARITIME PROFILE Naval Platforms Merchant Ships Oil Sector Destroyers General Cargo Vessel Conventional Submarines Offshore Platforms Multipurpose Support Vessel Frigates Jack-up rigs Offshore Supply vessel Corvettes Tugs Subsea Pipe laying Missile Boat Dredgers Offshore Patrol vessels Passenger cum Cargo Vessel Floating Border Outposts Water tankers Barges Trawlers Windmill towers Pontoons FINANCIAL PERFORMANCE HIGHLIGHTS  HIGHEST EVER-QUARTERLY REVENUE FROM OPERATION Rs.3,144 CR PROFIT AFTER TAX Rs.768 CR  QUARTERLY PERFORMANCE (STANDALONE) Q3 OF FY 2024-25 Revenue From Operation (₹ in Cr) EBITDA (₹ in Cr) Total Income (₹ in Cr) 6000 6000 1800 1500 1,104 4500 4500 3430 3144 1200 808 2757 3022 2631 776 2362 900 3000 3000 600 1500 1500 300 0 0 0 Q3 2024-2025 Q2 2024-2025 Q3 2023-2024 Q3 2024-2025 Q2 2024-2025 Q3 2023-2024 Q3 2024-2025 Q2 2024-2025 Q3 2023-2024 PBT (₹ in Cr) PAT (₹ in Cr) Operating Margin (in %) 25% 22% 1800 1000 25% 768 1500 18% 1,063 800 564 592 20% 1200 786 751 600 15% 900 400 10% 600 300 200 5% 0 0 0% Q3 2024-2025 Q2 2024-2025 Q3 2023-2024 Q3 2024-2025 Q2 2024-2025 Q3 2023-2024 Q3 2024-2025 Q2 2024-2025 Q3 2023-2024  QUARTERLY PERFORMANCE (CONSOLIDATED) Q3 OF FY 2024-25 Revenue from Operation (₹ in Cr) Total Income (₹ in Cr) EBITDA (₹ in Cr) 4000 4000 3430 1500 3144 3011 1104 2757 2631 3000 2362 3000 1000 765 808 2000 2000 500 1000 1000 0 0 0 Q3 2024-2025 Q2 2024-2025 Q3 2023-2024 Q3 2024-2025 Q2 2024-2025 Q3 2023-2024 Q3 2024-2025 Q2 2024-2025 Q3 2023-2024 PBT (₹ in Cr) PAT (₹ in Cr) Operating Margin (in %) 1063 25% 25% 22% 1000 786 1000 740 807 18% 800 800 627 20% 585 600 600 15% 400 400 10% 200 200 5% 0 0 0% Q3 2024-2025 Q2 2024-2025 Q3 2023-2024 Q3 2024-2025 Q2 2024-2025 Q3 2023-2024 Q3 2024-2025 Q2 2024-2025 Q3 2023-2024  NINE MONTHS PERFORMANCE (STANDALONE) Total Income (₹ in Cr) EBITDA (₹ in Cr) Revenue From Operation (₹ in Cr) 9080 7125 2793 8257 6363 7500 2500 7500 1649 6000 2000 6000 4500 1500 4500 3000 1000 3000 1500 500 1500 0 0 0 Q3 2024-2025 Q3 2023-2024 Q3 2024-2025 Q3 2023-2024 Q3 2024-2025 Q3 2023-2024 PBT (₹ in Cr) PAT (₹ in Cr) Operating Margin (in %) 2703 23% 1585 1,998 2000 2500 25% 1500 2000 1,191 20% 13% 1500 15% 1000 1000 10% 500 500 5% 0 0 0% Q3 2024-2025 Q3 2023-2024 Q3 2024-2025 Q3 2023-2024 Q3 2024-2025 Q3 2023-2024  NINE MONTHS PERFORMANCE (CONSOLIDATED) Revenue From Operation (₹ in Cr) Total Income (₹ in Cr) EBITDA (₹ in Cr) 8257 9069 2782 7116 6363 7500 7500 2500 1640 6000 6000 2000 4500 4500 1500 3000 3000 1000 1500 1500 500 0 0 0 Q3 2024-2025 Q3 2023-2024 Q3 2024-2025 Q3 2023-2024 Q3 2024-2025 Q3 2023-2024 Operating Margin (in %) PBT (₹ in Cr) PAT (₹ in Cr) 2692 23% 2088 25% 2500 2000 1576 1274 20% 13% 2000 1500 15% 1500 1000 10% 1000 500 5% 500 0 0 0% Q3 2024-2025 Q3 2023-2024 Q3 2024-2025 Q3 2023-2024 Q3 2024-2025 Q3 2023-2024  ORDER BOOK Project Nos. Nos. Balance Shipbuilding Particulars Value (Contracted) Client (INR Cr) (Pending to Particulars (INR Cr) be delivered) P15B Destroyers 28,641 4 MOD 4,301 0 Shipbuilding P17A Stealth Frigates 26,803 4 MOD 14,518 3 ICGS (CTS,NGOPV,FPV) 2,849 21 MOD 2,838 21 P17A Stealth Frigates Multipurpose Hybrid Powered 715 6 European 693 6 Vessel 28,890 6 MOD 2,671 1 P75 Kalvari Submarines Heavy Engineering Medium Refit and Life 2,379 1 MOD 1,856 1 Submarine and Certification (MRLC) of P15B Destroyer Submarines 6,525 3 ONGC 5,955 3 Submarine & Heavy ONGC (PRPP, DSF II & PRP 8 Engineering Grade A) 1,758 1 MOD 1,758 1 AIP Others 256 - Other 197 - Total Order Book as on, 31st December 2024 34,787 * Balance Order book is including pending work of delivered vessels P75 Kalvari Submarines  DIVIDEND DISTRIBUTION Dividend Paid Per Share 40 35.30 1 Total Interim Dividend 30 0.8 declared by MDL for FY 2024- 22.20 0.6 25; Rs.467.72 crore i.e. 20 9.69 8.93 10.73 0.4 Rs.23.19 per share (231.90% 7.70 10 0.2 of face value Rs.10), which is 0 0 the highest ever. 19-20 20-21 21-22 22-23 23-24 24-25 The last 5 years dividend distribution data on Declared and Paid basis is as under: Dividend (Declared Basis) Dividend (Paid Basis) MDL has Paid Final Dividend of Financial 244.25 Cr. i.e 12.11 per share Year for FY 2023-24. Dividend Dividend Dividend declared per share Dividend paid per share for the year during the year 24-25 467.72(Interim) 23.19 711.97 35.30 23-24 553.64 27.45 447.75 22.20 22-23 321.90 15.96 216.41 10.73 MDL handed over Interim dividend of Rs.396.76 Cr. for FY 2024- 21-22 176.08 8.73 180.11 8.93 25 and Final dividend of Rs.207.19 Cr. for FY 2023-24 cheques to 20-21 146.02 7.24 155.28 7.70 Hon’ble RM Shri Rajnath Singh. 19-20 207.51 9.26 217.16 9.69 MAJOR AWARDS  MAJOR AWARDS MDL is honoured to receive the Pioneer in Technology MDL Received CII Award for ‘’Top Award for Driving Inclusive Transformative Impact Industry Excelling in Women in through Tech-Enabled CSR at the Indian Institute of STEM 2024’’ – 19.11.2024 Technology, Madras. MAJOR EVENTS HISTORIC TRI-COMMISSIONING MDL’s remarkable contribution ensures that India remains at the forefront of naval power, securing its waters with indigenously built world- class warships and submarines.  TRI-COMMISSIONING On January 15, 2025,Prime Minister Narendra Modi commissioned three indigenously built naval vessels-INS Surat, INS Nigiri, and INS Vaghsheer- at the Naval Dockyard in Mumbai. This historic tri-commissioning, the first of it’s kind, underscores Mazagon Dock Shipbuilders Limited’s (MDL) advanced shipbuilding capabilities and India’s commitment to self- reliance in defense manufacturing. The addition of these state-of-the-art combatants significantly enhances India’s maritime security, reflecting the nation’s growing prowess in indigenous defense production  MAJOR EVENTS Delivery of Fourth Destroyer of the P15B Class ‘SURAT’ to Indian Navy on 20th December 2024.  MAJOR EVENTS Delivery of First Stealth Frigate of the P17A Class ‘NILGIRI’ to Indian Navy on 20th December 2024.  MAJOR EVENT MOD inks Rs 1,990 crore contract with MDL for construction of Air Independent Propulsion Plug for DRDO-AIP system & its integration into conventional submarines to enhance their endurance. The contract was signed in the presence of Defence Secretary Shri Rajesh Kumar Singh in New Delhi on December 30, 2024. MDL is proud to be a partner in this unique program and to significantly contribute towards the #Atmanirbharbharat initiative.  MAJOR EVENTS MDL a Navratna DPSU, commenced the Production activity for the First Patrol Vessel (FPV) of 14 FPVs Project Along with this, plate cutting of 2nd Ship of Next Generation offshore Patrol Vessels (NGOPVs) for Indian Coast Guard (ICG) on 19th Dec’ 2024.  MAJOR EVENTS Inaugration of New RMC (Concrete Batching Plant) for Hard Stand Work at Nhava Yard on 3rd October 2024.  OTHER EVENT 2nd Edition Mazdock Mumbai 10K Run Marks Mazagon Dock Shipbuilders Limited 250th Anniversary Milestone on 15th December,2024. Thank You