Port Pipavav Presentation

Q4 – 2011 Result ReviewQ4 2011 Result Review

Mumbai, 22nd Feb 2012

Disclaimer

Statements in this presentation describing the Company’s objectives,

projections, estimates, expectations may be “forward looking statements”

within the meaning of applicable securities laws and regulations. Actual

results could differ materially from those expressed or implied. Important

factors that could make a difference to the Company’s operations

include, among others, economic conditions affecting demand / supply

and price conditions in the markets in which the Company operates,              

h i G t l ti t l dchanges in Government regulations, tax laws and

other statutes and incidental factors

Agenda

• Key Highlights

• Volume Development

• Projects

• Financials

Volume Development

• Financials

Key Highlights

Key Highlights – Year 2011 compared to Year 2010

• Turnaround, first full year of Net Profit; INR 571 Million Net Profit

• 40% increase in Operating Revenue

• 31% increase in Container Volume; 17% increase in Realization

• 10% increase in Bulk Volume; 10% increase in Realization

• 32% increase in Operational Cost

• 46% EBITDA margins in 2011 compared to 40% in 2010

• 33% reduction in Interest Cost

• Turnaround in PRCL; first time profitable since inception

Key Highlights – Quarter on Quarter Development

Q4 2011 compared to Q4 2010

• 33% increase in revenue

• 23% increase in operating cost

• 72% increase in EBITDA

• 2.4 times increase in Net Result from INR 111 Million to INR 270 Million

Q4 2011 compared to Q3 2011

• 18% increase in revenue• 18% increase in revenue

• 9% increase in operating cost

• 31% increase in EBITDA

• 11% increase in EBITDA Margin

• 104 % increase in net result

Volume Development

Container volume development

• 20% increase in Container volume in Q4 2011 as Compared to Q4 2010

• 31% increase in Container volume in 2011 as Compared to 2010

Bulk volume development

• 18% increase in Bulk volume in Q4 2010 as Compared to Q4 2010

• 10% increase in Bulk volume in 2011 as Compared to 2010p

Rail volume development

Projects

Project – Status update

• Container Yard:- capacity increased to 850,000 TEU

• High Cube Double Stack Project :- work order issued by railways- target completion by Q3 2012 - target completion by Q3 2012

• Rail Mounted Gantry Crane (RMGC):- order placed for purchase of 3 RMGCsorder placed for purchase of 3 RMGCs- civil work commenced- target installation and commissioning by Q4 2012

• Fertilizer Shed:- work commenced- target completion Q3 2012

12

Projects – RMGC work in progress

• Stone column strengthening • Ground leveling for tracks  

Projects – Fertilizer shed

• Excavation of foundation work ongoing 

Financials

Profit & Loss Account – Q4 2011

Balance Sheet

www.apmtpipavav.com