Research on India_Automotive and Transport Sector in India_November 2012

Automotive and Transport Sector in India

Monthly Update

November 2012

Top Story Heavy discounts on luxury cars Luxury car makers BMW, Audi, Mercedes‐Benz and their dealers are collectively offering discounts up to 15% or nearly INR 1 mn on certain models. Luxury car dealers benefit from a higher margin nearly 8‐9% than the small car dealers with 2‐3% margin. Hence, hey can offer large discounts, over 10% on outgoing models such as the BMW X1 and tMercedes‐Benz's petrol cars. Audi has come up with financing schemes and extended warranty, along with discounts of 3‐5 % or INR 0.1‐0.25 mn. Further, discounts are provided by the dealers based on their stock situation. Mercedes‐Benz is also offering discount ranging between INR 0.15 to 0.3 mn on the Mercedes C Class, depending on the variant and dealerships, INR 0.4‐0.6 mn on the E Class and around INR 0.8 mn on the S Class. BMW is providing sales support n some of the outgoing models and not offering discounts. However, lucrative schemes oare available through BMW Finance on some models. Sluggish auto sales coupled with depreciating currency have been a major cause of concern for the luxury car makers in India. High discounts are being offered to revive sales. However, such price wars are not sustainable in the long run, impacting the image f the luxury products. BMW has asked its dealers not to offer any discounts from next ear. Further, it is expected to increase prices up to 10% from Jan 1st 2013. oy AP Govt plans policy on agri warehousing development in PPP mode The Andhra Pradesh government plans a comprehensive policy for the development of gricultural warehousing facilities in public‐private partnership (PPP) model. This ainitiative will address increasing demand for warehousing facilities. The special chief secretary of state agriculture marketing and cooperative department as suggested that the demand for modern warehousing facilities was increasing with the hintroduction of the Food Security Bill. Rising cost of land hinders the development of modern warehousing facilities. Further scarce post‐harvest storage and transportation are causing a 40% loss of the produce in he country. Hence such initiative by the state government will value add to the gricultural sector accelerating both agricultural and economic growth. ta News Update

General 2013 Range Rover Luxury SUV to be introduced in India

Automotive and Transport – Monthly Update

Land Rover will launch the 2013 Range Rover Luxury SUV in India on the 30th Nov 2012. It is the fourth generation of the Range Rover SUV with all new aluminum monocoque super structure, which reduces its weight by nearly 420 kg. This has resulted in higher performance as well as increased fuel efficiency. The SUV has new tail lamps along with edesigned bumper. There is extra leg space for passengers at the rear, as the wheelbase rhas been raised by 118 mm. It additionally features a 3 ltr. V6 turbo diesel engine producing 255 Bhp‐600 Nm. For more power, consumers can opt for the 4.4 Liter V8 turbo diesel engine producing 335 hp‐700 Nm or the high‐end petrol motor, in the form of the supercharged, 508 Bhp

Bmotor. 8 speed automatic gear box comes with all the three mentioned engines. The interior features upgraded seating, new LED based ambient lighting, four zone climate control system and much improved materials. The new model continues to rovide the trademark “Command Driving Position” along with comfortable “Executive” ear seat package. pr Maruti records sales of 103,200 vehicles in Nov Maruti Suzuki India, the largest car maker in India, has recorded total sales of 103,200 nits, up by 12.45% y‐o‐y, in Nov 2012. Domestic sales have increased by 9.67% to u90,882 units. Exports have grown by 38.7% to 12,318 units. Domestic Passenger car sales have gone up by 2.35% to 74,793 units. Sales of compact segment, including the Estilo, Swnift and Ritz models, have also increased by 7.63% to 23,849 units. Besides, DZiRE model sales reached 13,502 units, up by 29.79 y‐o‐y. However, small cars such as M800, A‐Star, Alto and WagonR, witnessed a drop of 5.76% o 36,679 units. Sales of Mid‐sized sedan SX4 have sharply declined by 51.71% to 692 nits. Also, luxury sedan Kizashi recorded sales of 71 units, down by 56.17% y‐o‐y. tu M&M’s Quanto attains popularity within 2 months of launch Mahindra & Mahindra has successfully achieved more than 10,000 units booking of its first compact SUV, Quanto, within 2 months of launch. Company is increasing its production capacity at Nashik Plant to 3,500 units from 2,500 units per month, from Jan 013. This will aid in fulfilling the increasing demand for Quanto, which is priced etween INR 0.58 to 0.74 mn, targeted at potential premium hatchback buyers. 2b Ashok Leyland will invest INR 13 bn and reduce debt by INR 3 bn Ashok Leyland has plans of investing INR 13 bn on a number of activities along with reducing its overall debt to INR 40 bn from the present INR 4.3 bn. Company expects to repay INR 20 bn of debt by Mar 2013. Company has a capex plan of INR 6‐6.5 bn for FY 2013, out of which it has already invested INR 3.5 bn in the first six months. Further, it is lanning to invest INR 3 bn in Hinduja Foundries, while the rest will go to its JV with issan and John Deere.

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BIesides, company is trying to bring down its working capital by INR 7‐8 bn to INR 10 bn. t has borrowed INR 6‐7 bn in the first six months of FY 2013. DP World to build terminal at Jawaharlal Nehru Port DP World Ltd has received an order to build and operate a single berth facility from awaharlal Nehru Port Trust. The trust already has its existing terminal operation at JNhava Sheva, Mumbai. This facility is expected to be operational in 2015. An investment of around INR 10 bn is expected to come from DP World. It will build a ontainer terminal of 330 meters quay length and 17 hectares of yard, which will have an nnual handling capacity of 800,000 TEUs and draft of 13.5 meters. ca Bengal cold storage owners demand rental hike Cold storage owners in West Bengal are claiming higher rentals to compensate cost of power. They are further threatening to shut shop this month. However, the government as been resisting a rental hike to avoid price rise in vegetables thinking about the hcommon people. An increase in rentals to at least Rs 150 per quintal has been demanded. The 422 odd cold storages have decided to observe a token strike on 19th Nov and then to take further action if required. Cold storages should be allowed to increase rental in order to avoid the shut down which would further increase consumer’s pain. Bengal Chamber seeks help on HBT exit Haldia Bulk Terminals (HBT) has announced to end its operation at the Haldia Port citing nsafe work conditions. The Union Minister for Shipping has been approached to uintervene on the issue of withdrawal of contracts by cargo firm HBT from the Haldia Port. The Bengal Chamber wants the shipping ministry to call the affected party's epresentatives to resolve their concerns, as this extraction would adversely affect the ort’s future growth added with deteriorating the state’s image. rp Carrier Transload and Indian Railways to introduce refrigerated wagons Indian Railways in cooperation with Carrier Transicold plans to introduce refrigerated agons for perishable goods transportation. Carrier Transicold is a division of Carrier w

Air‐conditioning and Refrigeration Ltd in India. Carrier Transicold will procure refrigerated wagons from Railways. Government will urther incentivize these initiatives. With government allowing FDI in retail, the onsignment sizes are expected to grow thereby leading transportation cost to fall. fc


Indian Railways’ private freight terminals attracting big logistics players and others With Indian Railways’ private freight terminals (PFTs) coming up, a host of companies, including Tata Steel, Kribhco Rail Infrastructure, Concor, Sahani Logistics, India Glycols‐acked Kashipur Infra Freight Terminals, Central Warehouse Corporation, and Rajasthan bSpinning Mills are lining to be operators. Of around 35 proposals for PFTs from 22 companies, the Railways has notified eight erminals, approved 15 and the remaining are under consideration. An investment of round NR 1 – 1.5 bn will be required to set up a PFT. ta News Update

Expansion Plans Apollo Tyres to invest INR 55.4 bn for global expansion Apollo Tyres has plans of investing INR 55.45 bn for global expansion over a period of next five years, including building two new manufacturing facilities in South East Asia and Eastern Europe. The investment will be supported partly by INR 8.25 bn, which the company expects to raise via placement to QIBs and internal accruals. Initially, company plans to invest around INR 13.7‐16.5 bn for completing the first phase of the South East Asia plant, which includes daily production capacity of 16,000 units of passenger car radials (PCRs) and 1,500 units of truck and bus radials. In the second phase, the plant is expected to have a full capacity of 24,000 units of PCRs and 3000 units of TBRs daily, entailing an investment of INR 1.1 bn. However, before commencement of the second phase, company plans to begin with the green field plant in Eastern Europe ith an investment of INR 1.9 bn, having an annual production capacity of 7 mn units of w

PCRs. Besides, Apollo’s Kalamassery plant in Kerala will be transformed into a production site for off‐highway tyres (OHTs). Nearly 85% of the production will be targeted towards export markets, including the US, Europe, Australia and Latin America. It will also ncrease the annual manufacturing capacity of its factory in the Netherlands to 7.5 mn nits from the present 6 mn units. iu


Honda’s new greenfield diesel engine plant in Rajasthan Honda Car India has plans of setting up a greenfield diesel engine plant in Tapukara, Rajasthan. The Indian wholly owned subsidiary of Honda Motor Co. based in Japan will launch its first global compact car Amaze, similar to its Brio hatchback model powered by locally manufactured engine in 2013. It will be a sub‐four metre sedan, having a 1.5 litre i‐DTEC diesel based on its 'Earth Dreams' diesel technology. Honda’s new Jazz and the new City sedan will also feature the same engine, which is expected to hit the Indian market by

2J014. Besides, Amaze will be available with a 1.2 litre petrol engine, similar to its present azz and Brio models. Tata Motors forays into Bangladesh passenger car market Tata Motors has rolled out three of its passenger vehicles, sedans Indigo eCS and Indigo Manza and hatchback Indica Vista in Bangladesh. This marks its entry into the country’s passenger car market. Initially, there will be a single showroom in Dhaka and by 2013 hree other showrooms will be present, covering three different cities. NITOL Motors has ttaken up the distributorship for the Bangladesh market. ince 1972, Tata Motors has been present in Bangladesh through its commercial vehicle egment. At present, it is dominating the market with 70% share. Ss GM to expand Halol plant’s production capacity General Motors is increasing its annual manufacturing capacity at Halol plant in Gujarat o 110,000 units from the present 85,000 units, as it is planning to roll out the new eight tseater MPV Enjoy, from its Shanghai Automotive Industries Corp (SAIC) platform. Till date, company has invested more than INR 55.4 bn in India. It is expected to launch a new sedan model of Sail by Dec 2012, which will be its sixth launch this year. Although he market is going through a period of demand slump, with the new launches company s expecting to sell 4,000 vehicles per month from next year. ti French cold chain expertise to venture into Indian market French cold chain specialists are planning to partner with Indian counterparts. A elegation of eight French companies presented their technological proficiency in the

h dcold chain sector at the Indo‐French Cold C ain Summit. The French companies are aiming for partners in the Indian food and beverage infrastructure industry and plans to venture into the Indian market with a host of training and consultancy services. Joint venture by Apollo LogiSolutions and FIEGE Logistics Apollo LogiSolutions Ltd has declared a joint venture (JV) with leading named Apollo IEGE Integrated Logistics Pvt Ltd with European logistics provider FIEGE Logistics. It Fwill start its business operations in India with immediate effect. The JV, headquartered in Gurgaon, will offer integrated logistic services like customs brokerage, freight forwarding, contract logistics, transportation and other value added services. Its services will reach across a range of business sectors including, pharmaceuticals, luxury, telecom, automobile, e‐commerce and renewable energy. Some ey customers currently using its services are Swatch, Bulgari, Aurbindo Pharma and ome Shop18, among others.

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Partnership between Siddhi Vinayak Logistics Ltd. (SVLL) and LOHR Industries Siddhi Vinayak Logistics Ltd (SVLL), one of the largest corporate logistics service roviders in India has partnered with LOHR Industries, the worldwide leader in truck pand car carrier manufacturers industry. This partnership is expected to improve various logistics concepts and the trailer technology currently available in the country. LOHR will act as a supplier partner for SVLL who understands the nuances and uniqueness of this industry. Further, this tie‐up ill facilitate to lower maintenance costs, unplanned downtime and hence lower perating costs for the company. wo KION Group acquires Voltas Material Handling Pvt. Ltd. KION Group acquires the Indian truck manufacturer Voltas Material Handling Pvt. Ltd. completely with the acquisition of 34% shareholding of Voltas Ltd. This action has further acilitated Kion’s global growth strategy. They could continue to tap into the Indian fmarket and harness its attractive long‐term potential for growth. ith this acquisition, the KION Group has now become the sole shareholder. KION Group nd Voltas Ltd. have jointly founded VMH in May 2011. Wa Industry Expert Speak GM’s Chevrolet Sail UVA car launched in Jammu – Sastry Vempati, Vice President, Planning Program Management and New Business Development, General Motors India “We have launched the Sail U‐VA hatchback in Jammu today and it is built on a new global mall passenger car platform created especially for fast‐growing emerging markets, ncluding India” si Over 0.1 mn units of twowheelers sold by Hero MotoCorp on day of Dhanteras – Anil Dua, Senior Vice President (Marketing & Sales), Hero MotoCorp. We expect this trend to persist, and are looking at posting record retail sales this festive eason. Adding to this festive cheer is our brand new motorcycle ‐ the Passion X Pro" “s Petrol cars are back in demand – P Balendran, Vice President (Corporate Affairs), General Motors “Petrol cars have made a strong comeback after the government hiked diesel prices. For several models, we have seen higher demand for petrol versions in October. For instance, ales of our petrol version of the Beat hatchback increased 5% to take its proportion to 0% of overall Beat sales” s2


DP World to build terminal at Jawaharlal Nehru Port – Mohammed Sharaf, Group Chief Executive Officer, DP World, “Timely capacity on the west coast of India is critical to our country’s economic growth. NPT is India’s largest trade gateway and additional port capacity will ease the congestion oncerns of the shipping community.” Jc

Automotive: Transactions (Sep – Nov 2012)

Date Buyer Target Size

(INR mn) % stake Deal Status

Type of Transaction

18 v th No2012

Indsur Group Nevron

Eurotherm Insulation

‐ ‐ Completed M&A

2 nd Nov2012 Anand

Mando Steering Systems India ‐ ‐ Completed M&A

1 t 1th Oc2012 Apollo Tyres

Cooper Tire & Rubber Company

31,500‐40,400 ‐ Pending M&A

2 1st Sep2012

Innoventive Industries Limited

Innovative Technomics

Private Limited 230 51% Completed M&A

Transport: Transactions (Sep – Nov 2012)

Date Buyer Target Deal Size (INR mn) % stake Deal Status

Type of Transaction

29 v th No2012

Gautam Adani led Adani Ports and Special Economic

Zone Ltd.

Visakhapatnam port N.A. N.A. Pending JV

26 v th No2012 Nissin Corporation

ABC India Limited N.A. 44% N.A. JV


2 t 2nd Oc2012

Tata Capital, ChrysCapital and

Everstone

Transpole Logistics N.A. N.A. Pending PE

2 6th Sep2012

Everstone Capital Realterm Global

5291.58 N.A. N.A. JV

Automotive: Annual Financial Results – Revenue (INR mn)

Companies FY ‘09 FY ‘10 FY ‘11 FY ‘12

Apollo Tyres Limited 49,945.4 81,316.1 88,743.5 121,532.9

Balkrishna Industries Limited 13,998.6 15,637.3 21,920.9 N.A.

Ceat Limited 23,870.1 28,517.8 36,037.5 N.A.

Electrotherm India Limited 16,827.8 20,073.5 24,015.6 N.A.

Falcon Tyres Limited* 6,048.6 8,222.6 9,797.5 N.A.

Indag Rubber Limited 762.789 1,117.105 1,499.396 2,161.262

JK Tyres Limited 39,862.8 45,846.8 59,786.0 69,127.2

Kabirdass Motor Company Limited 26.048 32.05 N.A. N.A.

Kesoram Industries Limited 39,305.6 47,615.3 54,223.6 59,033.8

Mahindra & Mahindra Limited 269,197.6 316,879.2 370,254.4 582,414.0

Modi Rubber Limited* 862.47 4,036.718 660.889 N.A.

MRF Limited 56,924.9 74,750.8 97,645.5 N.A.

Tata Motors Limited 708,809.5 925,192.5 1,231,333.0 1,648,545.2


TVS Srichakra Limited 5,773.5 7,024.7 10,921.6 N.A.

Vamshi Rubber Limited 9.926 19.507 22.505 N.A.

* Change in Financial Year Ending Annual Financial Results – Income (INR mn)



Balkrishna Industries Limited 744.0 2,190.4 1,946.3 N.A.

Ceat Limited ‐161.1 1,624.8 264.7 N.A.

Electrotherm India Limited 527.9 533.2 89.7 N.A.

Falcon Tyres Limited* 299.7 453.3 154.6 N.A.

Indag Rubber Limited 76.211 115.736 107.525 208.713

JK Tyres Limited ‐1,492.6 2,235.2 659.1 ‐319.9

Kabirdass Motor Company Limited 0.974 ‐6.811 N.A. N.A.

Kesoram Industries Limited 3,787.3 2,373.4 ‐2,102.1 ‐3,797.4


Modi Rubber Limited* 554.057 ‐212.616 364.59 N.A.

MRF Limited 2,507.8 3,575.0 6,187.7 N.A.

Tata Motors Limited ‐25,052.5 25,710.6 92,736.2 135,165.0

TVS Srichakra Limited 89.7 298.2 391.4 N.A.

Vamshi Rubber Limited 492.242 548.011 660.329 N.A.


* Change in Financial Year Ending Quarterly Financial Results – Revenue (INR mn)

Companies JulSep 2011

OctDec 2011

JanMar 2012

AprJun 2012


Balkrishna Industries Limited 7,587.7 N.A, N.A. N.A.

Ceat Limited 10,654.4 N.A. 12,249.7 12,130.26

Electrotherm India Limited 3,189.1 N.A. N.A. N.A.

Falcon Tyres Limited N.A. N.A. N.A. N.A.

Indag Rubber Limited 574.5 565.5 589.0 626.8

JK Tyres Limited 14,229.4 N.A. N.A. N.A.

Kabirdass Motor Company Limited N.A. N.A. N.A. N.A.

Kesoram Industries Limited 15,529.8 15,669.3 15,041.1 14,161


Modi Rubber Limited N.A. N.A. N.A. N.A.

MRF Limited 28,754.9 N.A. N.A. N.A.

Tata Motors Limited 451,992.9 514,086.1 431,711.3 428,189

TVS Srichakra Limited 3,494.5 N.A. N.A. N.A.

Vamshi Rubber Limited 201 198.8 219.3 218.9


Quarterly Financial Results – Income (INR mn)

Companies JulSep 2011

OctDec 2011

JanMar 2012

AprJun 2012

Apollo Tyres Limited 980.4 1,569.6 1,380.2 1,522

Balkrishna Industries Limited 728.8 N.A. N.A. N.A.

Ceat Limited 23.9 N.A. 290.1 38

Electrotherm India Limited ‐1,323.9 N.A. N.A. N.A.

Falcon Tyres Limited N.A. N.A. N.A. N.A.

Indag Rubber Limited 53.1 65 66.5 58.5

JK Tyres Limited ‐213.1 N.A. N.A. N.A.

Kabirdass Motor Company Limited N.A. N.A. N.A. N.A.

Kesoram Industries Limited ‐2,756.4 2,288.3 ‐959.6 ‐540.3

Mahindra & Mahindra Limited 8,318 9,505.6 10,263.6 9,780.9

Modi Rubber Limited N.A. N.A. N.A. N.A.

MRF Limited 1,128.9 N.A. N.A. N.A.

Tata Motors Limited 34,055.5 62,340.0 22,449.1 20,747.3

TVS Srichakra Limited 66.4 N.A. N.A. N.A.

Vamshi Rubber Limited 0.350 5.348 2.136 4.767

Annual Financial Results – Revenue (INR mn)



ABC India Ltd. 1,585.70 1,466.10 2,059.10 N.A.

ABG Shipyard Ltd. 14,130.00 18,124.40 21,369.00 24,238.30

Allcargo Logistics Ltd.* 20,60 9.30 2 8,613.40 3 3,963.00 35,396.40

Aqua Logistics Ltd. 2,134.00 3,220.10 3,808.80 3,683.00

Arshiya InterN.A.tioN.A.l Ltd. 5,033.80 5,258.90 8,215.20 10,467.50

Bharati Shipyard Ltd. 10,19 9.00 13,480.00 16,090.00 11 0 ,024.0

Blue Dart Express Ltd. 9 ,075.40 11 ,499.00 1 4,922.70 N.A.

Brahmanand Himghar Ltd. 66.455 48.855 42.362 N.A.

Chartered Logistics Ltd. 1,356.95 1,235.43 1,841.89 2 ,564.20

Chowgule Steamships Ltd. 2,376.32 910.927 839.649 856.97

Container Corporation of India Ltd. 34,524.00 37,306.00 38,924.70 40,609.50

Deutsche Post AG 3 ,090,430.50 3 ,089,543.00 3 ,659,847.70 N.A.

Essar Ports Ltd. 25,83 0.80 3 0,077.70 1 3,919.30 11,088.10

Four Soft Ltd. 1,945.93 1,329.60 1,219.06 1,280.58

Gateway Distriparks Ltd. 4,520.00 5,180.40 6,024.60 8,2 0 14.5

Gati Ltd. 7,904.10 9,261.10 12,094.40 N.A.

Global Offshore Services Ltd. 1,632.25 2,124.12 1,968.17 2,335.70

Great Eastern Shipping Company Ltd. 41,23 9.30 3 0,755.10 2 5,850.30 29 0 ,342.5

Gujarat Pipavav Port Ltd. 2,207.10 2,839.30 3,967.70 N.A.

Mercator Ltd. 22,105.10 18,087.30 28,316.80 36,999.10

Seamec Ltd. 2685.86 * 3,247.21 1,023.76 1,817.70


Shreyas Shipping and Logistics Ltd. 2,840.61 1,539.87 1,886.91 2,704.90

Sical Logistics Ltd. 6,745.50 7,220.10 8,017.40 7,796.30

SKS Logistics Ltd. 328.291 294.24 442.25 227.78

The Shipping Corporation of India Ltd. 41,843.50 34,935.30 35,671.40 38,208.00

Transport Corporation of India Ltd. 13,512.60 15,225.10 18,530.20 19,537.50

Varun Shipping Co. Ltd. 9,146.60 6,852.30 4,946.70 3,149.90

*Change in financial year Transport: Annual Financial Results – Income (INR mn)

Companies F Y ‘09 FY 0 ‘1 F Y ‘11 F Y ‘12

ABC India Ltd. 43.3 8 54.9 N.A.

ABG Shipyard Ltd. 1,711.60 2,181.20 2,047.10 1,856.70

Allcargo Logistics Ltd. 1 ,299.50 1 ,659.20 2, 228.70 2,3 0 45.9

Aqua Logistics Ltd. 111.5 205.4 223.9 82.9

Arshiya InterN.A.tioN.A.l 656.2 983.1 820.1 1 ,176.40

Bharati Shipyard Ltd. 1 ,334.80 1,3 0 03.5 1,043.80 59.50

Blue Dart Express Ltd. 6 11.9 947 1, 241.90 N.A.

BrahmaN.A.nd Himghar 0.68 0.68 0.829 N.A.

Chartered Logistics Ltd. 15.85 40.26 78.21 61.2

Chowgule Steamships 1,175.67 766.64 276.93 ‐1,058.55

Container Corporation India Ltd. 7,791.50 7,776.30 8,763.70 8,778.80


Deutsche Post AG 42, 0 834.9 15 0 1,983.0 80 0 ,174.9 N.A.

Essar Ports Ltd. 772 937.7 362.9 639.2

Four Soft Ltd. 4 47.25 76.65 3 0.942 ‐426.38

Gateway Distriparks Ltd. 795.8 791.4 967.5 1,3 0 20.3

Gati Ltd. ‐186.6 95 141 N.A.

Global Offshore Services 411.49 412.2 222.24 256.1

Great Eastern Shipping Company Ltd.

14,178.30 5 ,127.60 4,6 0 87.0 3,1 0 65.5

Gujarat Pipavav Port Ltd. ‐1,163.90 ‐547.2 571 N.A.

Mercator Ltd. 3,764.50 532.4 940 205.6

Seamec Ltd. 471.213 1,419.55 ‐671.66 ‐131.9

Shreyas Shipping and Logistics Ltd. 55.86 ‐ 157.05 1 27.77 56.3

Sical Logistics Ltd. 180.1 ‐356.3 ‐80.3 139.9

SKS Logistics Ltd. 0.77 ‐81.87 32.65 8.889

The Shipping Corporation of India Ltd. 9,406.70 3,769.10 5,673.50 ‐4,282.10

Transport Corporation of India Ltd. 332.6 412.7 501.3 595.00

Varun Shipping Co. Ltd. 1,240.30 ‐1,528.80 147.5 91.80

*Change in financial year


Quarterly Financial Results – Revenue (INR mn)

Companies OctDec 2011

JanMar 2012

AprJun 2 012

JulSep 2012

ABC India Ltd. 623.2 585.1 475.0 N.A.

ABG Shipyard Ltd. 6192.9 N.A. N.A. N.A.

Allcargo Logistics Ltd. 9983.1 N.A.* 9 751.9 1 0136.6

Aqua Logistics Ltd. 1630.1 786.4 773.1 783.2

Arshiya International Ltd. 2688.9 3204.4 3418.4 3 725.7

Bharati Shipyard Ltd. 3 249.6 N.A. N.A. N.A.

Brahmanand Himghar Ltd. N.A. 2.7 4.3 N.A.

Chartered Logistics Ltd. N.A. 761.2 708.2 655.3

Chowgule Steamships Ltd. N.A. N.A. N.A. N.A.

Container Corporation of India Ltd. 10462.5 N.A. N.A. N.A.

Deutsche Post AG 97 .0 2439 9 15677.6 9 74856.6 9 39484.4

Essar Ports Ltd. 88.6 2883.1 3 245.0 3 439.8

Four Soft Limited 329.3 346.2 325.0 352.6

Gateway Distriparks Ltd. 1983.2 2435.2 2304.1 2158.9

Gati Ltd. 2360.9 N.A. N.A. 2980.3

Global Offshore Services Ltd. 620.9 684.6 693.7 N.A.


7513.9 8435.2 8 024.2 6 577.9

Gujarat Pipavav Port Ltd. 1347.6 925.8 849.1 864.7

Mercator Ltd. 1501.6 10195.0 10952.0 8222.6


Seamec Ltd. 308.3 N.A. N.A. N.A.

Shreyas Shipping and Logistics Ltd. 770.5 802.9 860.2 873.0

Sical Logistics Ltd. 1 799.7 1 984.2 1 751.2 1 955.3


The Shipping Corporation India Ltd. 9670.1 10257.0 11 .5 549 10259.1

Transport Corporation of India Ltd. 4 643.7 N.A. N.A. N.A.

Varun Shipping Co. Ltd. 789.6 803.6 647.0 N.A.

Quarterly Financial Results – Income (INR mn)

Companies OctDec 2011

JanMar 2012

AprJun 2012

JulSep 2012

ABC India Ltd. 2.4 6.2 0.7 N.A.

ABG Shipyard Ltd. 464.7 N.A. N.A. N.A.

Allcargo Logistics 5 06.2 N.A.* 556.0 592.1

Aqua Logistics Ltd. 20.8 ‐32.2 15.0 15.5

Arshiya International Ltd. 3 44.5 308.7 346.2 354.3

Bharati Shipyard Ltd. 16.2 N.A. N.A. N.A.

Brahmanand Himghar N.A. ‐1.4 ‐2.3 N.A.

Chartered Logistics Ltd. N.A. ‐22.5 40.0 ‐12.9

Chowgule Steamships N.A. N.A. N.A. N.A.

Container Corporation India Ltd. 2412.3 N.A. N.A. N.A.

Deutsche Post AG 12064.1 36165.7 14173.3 25932.7


Essar Ports Ltd. ‐0.1 ‐615.1 6 85.2 805.3

Four Soft Ltd. 27.9 ‐477.3 27.6 46.6

Gateway Distriparks Ltd. 331.0 320.2 352.0 298.3

Gati Ltd. 52.6 N.A. N.A. ‐77.9

Global Offshore Services Ltd. 109.1 95.2 397.9 N.A.


287.1 391.9 1 809.9 812.0

Gujarat Pipavav Port 270.0 140.8 157.3 81.7

Mercator Ltd. ‐192.5 ‐243.0 170.7 53.1

Seamec Ltd. ‐272.4 N.A. N.A. N.A.

Shreyas Shipping and Logistics Ltd. 2.7 64.6 67.4 7.1

Sical Logistics Ltd. 25.8 68.4 13.7 2.2


The Shipping Corporation India Ltd.

741.0 ‐3 5 558. ‐5 48.7 2 972.6

Transport Corporation of India Ltd. 135.0 N.A. N.A. N.A.

Varun Shipping Co. Ltd. 825.0 ‐1384.6 1452.2 N.A.


Events Calendar


Indian Auto Trade Fair Date: 19th – 23rd Dec 2012

nd, Pune, Venue: Golibar Maidan GrouMaharashtra, India Organizers: Convener Auto Phone number: +91‐20‐ 26054915

Automatech Date: 27th – 30th Dec 2012 Venue: CODISSIA Trade Fair Complex,

ICoimbatore, Tamil Nadu, ndia Organizers: Pinnacle Promotions Phone number: +91‐422‐ 2456556

India Material Handling & Logistics Show Date: 7th – 9th Dec 2012

Pimpri Venue: H‐Block, Plot No. C‐181, industrial area Exhibition Centre

Chinchwad Auto ClusterPune, India

India Warehousing and Logistics Show Date: 7th – 9th Dec 2012

Pimpri Venue: H‐Block, Plot No. C‐181, industrial area Exhibition Centre

Chinchwad Auto ClusterPune, India

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Research on India_Automotive and Transport Sector in India_November 2012

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