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,
changes in Government regulations, tax laws and
other statutes and incidental factors
2
Key Highlights – Q1 June 2016
Container
• 172K TEUs : 3% decrease vs. Q4 March 2016;
Lower reefer
Dry Bulk
• 600K MT : 59% increase vs. Q4 March 2016
Higher Coal and Mineral Imports;
Liquid & RORO
• 128K MT Liquid cargo : down 48% vs. Q4 March 2016Seasonality and subdued market conditions
• 9 calls / ~ 11K cars ; up 26% vs. Q4 March 2016Trial shipment of Honda Cars in June 2016
Financial Results
• INR 1002M EBITDA; 60% EBITDA Margin; INR 598M PATSFIS income of INR 35M; higher bulk volumes; growth in RORO and cost efficiencies
5
Operational Highlights
7
Container Volume (TEU ‘000)
143 133 105 124 119 119
201 193
147
178 177 172
692
644
550
664 702
640
200
300
400
500
600
700
-
50
100
150
200
250
300
350
400
Q4 FY 15 Q1 FY 16 Q2 FY 16 Q3 FY 16 Q4 FY 16 Q1 FY 17
ICD Volume ('000 TEU) Total Volume ('000 TEU) Trains
0.92 1.02
0.63
0.44 0.38
0.60
-
0.20
0.40
0.60
0.80
1.00
1.20
Q4 FY 15 Q1 FY 16 Q2 FY 16 Q3 FY 16 Q4 FY 16 Q1 FY 17
Bulk Volume - MT's (million)
2.50 2.50
1.79 1.82 1.81 1.69
-
0.50
1.00
1.50
2.00
2.50
3.00
Q4 FY 15 Q1 FY 16 Q2 FY 16 Q3 FY 16 Q4 FY 16 Q1 FY 17
Rail Volume - MTs (million)
Infrastructure developments
9
Container Yard Works- Complete & in use
Construction of Residential Building
RMGC- Expected completion August 2016
Construction of Office Building Commenced
IND (AS) – Key Impact Areas
12
Government Grants
• Applicable for Grant received in 2013-14 for construction of road.
• As per IGAAP, the said Grant was netted-off against the total cost of the road
• As per IND AS, the Grant needs to be accounted as deferred income and to be amortized .
Impact : Deferred income of Rs. 196.45M recognized as of 31.03.2015; INR 2.58M to be amortized each quarter
Employee Benefits
• Actuarial gains and losses on defined benefit obligations (Gratuity), charged to the P&L under IGAAP
• In Ind-AS ‘actuarial gains and losses’ to be recognized as ‘Other Comprehensive Income’ (‘OCI’)
Impact : Actuarial loss of Rs 4.48M (Net of Tax) for FY 2015-16 recognized as OCI
Deferred Tax
� As of 31.03.2015, Company had a net deferred tax asset position.
� IGAAP - deferred tax recognition based on virtual certainty; hence not recognized
� INDAS - deferred tax recognition based on reasonable certainty;
Impact : Deferred asset of Rs. 115.83M recognized as on 31.03.2015, resulting in higher tax charge for FY
2015-16; no impact on deferred tax liability as on 31.03.2016