Information on performance and financial results of Port Pipavav

2. Q4 – 2011 Result Review
Mumbai, 22nd Feb 2012

3. 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
h i G t l ti t l d
other statutes and incidental factors

4. Agenda
• Key Highlights
• Volume Development
Volume Development
• Projects
• Financials

5. Key Highlights

6. 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

7. 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
• 9% increase in operating cost
• 31% increase in EBITDA
• 11% increase in EBITDA Margin
• 104 % increase in net result

8. Volume Development

9. 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

10. Bulk volume development
• 18% increase in Bulk volume in Q4 2010 as Compared to Q4 2010
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• 10% increase in Bulk volume in 2011 as Compared to 2010

11. Rail volume development

12. Projects

13. 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
• Rail Mounted Gantry Crane (RMGC):
- order 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

14. Projects – RMGC work in progress
• Stone column strengthening • Ground leveling for tracks

15. Projects – Fertilizer shed
• Excavation of foundation work ongoing

16. Financials

17. Profit & Loss Account – Q4 2011

18. Balance Sheet

19. www.apmtpipavav.com