Great Eastern Shipping : Q4FY23 Updates Presentation

Our Ref.: S/2023/JMT	May 12, 2023
BSE Limited	National Stock Exchange of India Limited
1st Floor, Phiroze Jeejeebhoy Towers,	Exchange Plaza, 5th Floor, Plot No. C/1,
Dalal Street,	Bandra Kurla Complex, Bandra (East),
Mumbai - 400 001	Mumbai - 400 051
BSE Scrip code: 500620	Trading Symbol - GESHIP
Dear Sir,

We enclose herewith Investor Presentation pertaining to the Financial Results for the

quarter and year ended March 31, 2023.

You are requested to take note of the above.

Thanking You,

Yours faithfully,

For The Great Eastern Shipping Co. Ltd.

JAYESH M TRIVEDI

Digitally signed by JAYESH M TRIVEDI

Date: 2023.05.12 16:02:25 +05'30'

Jayesh M. Trivedi

President (Secl. & Legal) & Company Secretary Email Id: [e-mail]

www.greatship.com

Q4 & FY23

Earnings Presentation

12 May 2023

DISCLAIMER

Except for historical information, the statements made in this presentation constitute forward looking statements. These include statements regarding the intent, belief or current expectations of GE Shipping and its management regarding the Company's operations, strategic directions, prospects and future results which in turn involve certain risks and uncertainties. Certain factors may cause actual results to differ materially from those contained in the forward looking statements; including changes in freight rates; global economic and business conditions; effects of competition and technological developments; changes in laws and regulations; difficulties in achieving cost savings; currency, fuel price and interest rate fluctuations etc. The Company assumes no responsibility with regard to publicly amending, modifying or revising the statements based on any subsequent developments, information or events that may occur.

GE Shipping - Q4 & FY23 Results

2

FY23 HIGHLIGHTS

• Highest ever net profits of INR 2,575 Cr on a consolidated basis
• Our consolidated NAV has moved by 68% in FY23 to INR 1164/share
• Highest ever dividend announced for a year of INR 28.80/share

GE Shipping - Q4 & FY23 Results

3

REPORTED HIGHLIGHTS

• GE Shipping FY23 consolidated Net Profit at INR 2,575 Cr
• Declared 4th interim dividend of INR 9.00/Share for FY2023

		Standalone				Conslidated
	Q4	Q4				Q4	Q4
Fig in INR Crores	FY23	FY22	FY23	FY22		FY23	FY22	FY23	FY22
Income Statement
Revenue*	1,268	740	5,096	2,966	1,551	983	6,171	3,669
EBITDA*	808	358	3,098	1,543	942	453	3,608	1,695
Net Profit	632	186	2,352	812	722	189	2,575	630
Balance Sheet
Total Assets	12,026	10,969	12,026	10,969	15,209	13,969	15,209	13,969
Equity	8,520	6,571	8,520	6,571	10,275	8,051	10,275	8,051
Gross Debt	2,531	3,430	2,531	3,430	3,623	4,625	3,623	4,625
Net Debt	(1,673)	378	(1,673)	378	(1,578)	720	(1,578)	720
Cash Flows
- From Operating Activities	724	203	2,715	1,150	880	342	3,155	1,343
- From Investing Activities	(60)	(53)	(16)	(263)	(83)	(46)	(70)	(375)
- From Financing Activities	(749)	(271)	(1,621)	(981)	(819)	(123)	(1,884)	(1,179)
Net Cash Inflow/Outflow	(85)	(121)	1,078	(94)	(22)	173	1,201	(211)

* Including Other Income

GE Shipping - Q4 & FY23 Results

4