Great Eastern Shipping : Q2FY23 Updates Presentation

Our Ref.: S/2022/JMT	November 12, 2022
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 half year ended September 30, 2022.

You are requested to take note of the above.

Thanking You,

Yours faithfully,

For The Great Eastern Shipping Co. Ltd.

JAYESHDigitally signed by:

JAYESH M TRIVEDI

DN: CN = JAYESH

M M TRIVEDI C = IN O

= Personal

TRIVEDIDate: 2022.11.12 11:

59:00 +05'30'

Jayesh M. Trivedi

President (Secl. & Legal) & Company Secretary

Email Id : [e-mail]

www.greatship.com

Q2 & H1 FY23 Earnings Presentation

14 November 2022

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 - Q2 & H1FY23 Results

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H1FY23 HIGHLIGHTS

• Highest ever half yearly profits for our company
• Highest ever Net Asset Value (both Standalone and Consolidated)
• First time ever: Balance sheet to have more cash than debt

GE Shipping - Q2 & H1FY23 Results

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REPORTED HIGHLIGHTS

• GE Shipping H1FY23 consolidated Net Profit at INR 1,226 Cr
• Declared 2nd interim dividend of INR 7.20/Share for FY2023

GE Shipping - Q2 & H1FY23 Results

	Standalone			Conslidated
	Q2	Q2	H1		Q2	Q2	H1
Fig in INR Crores	FY23	FY22	FY23		FY23	FY22	FY23
Income Statement
Revenue*	1,402	788	2,567	1,700	953	3,098
EBITDA*	878	461	1,494	1,046	501	1,769
Net Profit	688	273	1,116	769	223	1,226
Balance Sheet
Total Assets	11,757	10,845	11,757	14,993	13,947	14,993
Equity	7,500	6,356	7,500	9,134	7,838	9,134
Gross Debt	3,014	3,550	3,014	4,204	4,794	4,204
Net Debt	(812)	544	(812)	(575)	976	(575)
Cash Flows
- From Operating Activities	745	294	1,191	927	336	1,400
- From Investing Activities	166	39	142	118	5	84
- From Financing Activities	(286)	(254)	(694)	(354)	(303)	(814)
Net Cash Inflow/Outflow	625	79	639	691	38	670

* Including Other Income

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