Q1 FY16 Presentation

For the quarter ended 30th June, 2015

Under Development

20 MTPA Dry Bulk Terminal at Salaya

20 MTPA General Cargo Terminal at Hazira

16 MTPA Iron Ore Berth at Vizag

18 MTPA Coal Terminal at Paradip

Operational

Under Construction

58 MTPA Liquid Terminal at Vadinar

30 MTPA Dry Bulk / General Cargo Terminal at

Hazira

16 MTPA Dry Bulk Terminal at Paradip

16 MTPA Iron Ore Berths at Vizag

Current capacity of 120 MMTPA to be scaled up to 194 MMTPA

Essar Ports – Portfolio Overview

PRESENCE IN HIGH GROWTH AND STRATEGIC LOCATIONS REGIONS OF INDIA

Existing rail line

Existing roads

Cement plant

Chemical and oil & gas plant

Steel plant

Fertilizer plant

Power plant

Dedicated Freight Corridor

Salaya

Paradip I (Dry

Bulk)Hazira

INDIA

INDIAN

OCEAN

Paradip II

(Coal)

Vadinar

Hinterland

for Essar

Ports

Hazira

Salaya

Vadinar

Vizag (Iron Ore)

Paradip

Vishakhapatnam

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9.71 10.44

5.94 5.94

2.00 2.00

1.13 -

Q1 FY'16 - Billed Qty Q1 FY'15 - Billed Qty

In M

MT

Billed Cargo Quantities

Vadinar Hazira Paradip Vizag

Key Performance Highlights

Billed cargo quantity for Q1 FY16 was 18.78 MMT as

against

18.38 MMT during Q1 FY15

18.43 MMT during Q4 FY15

Projected traffic growth during the year backed by

Takeover of Vizag Iron Ore terminal

Committed cargo volumes of anchor customer at

various locations

Particulars ( In Rs Cr) Q1 FY16 Q4 FY15 Growth% Q1 FY15 Growth %

Total Revenues 452.2 440.2 3% 431.6 5%

EBITDA 364.9 348.1 5% 346.8 5%

PAT 99.1 104.6 -5% 92.2 7%

EPS (Rs. per Share) 2.31 2.44 -5% 2.15 7%

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18.78 18.38

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Awards and Accolades

Essar Ports Limited has been commended with CII-Scale awards : Exemplary position under Terminal Operator category

Paradip dry bulk terminal has been commended with Gold award for Best Safety Practice in Service Sector at 14th

Greentech Safety Awards 2015.

Paradip dry bulk terminal received ISO certification for Quality Management System, Occupational Health &

Management System, and Environmental Management System

Operating and Key Highlights

Cargo handling performance

Vadinar : During the quarter Q1 FY16, Vadinar handled 9.70 MMT cargo as against 10.44 MMT during Q1 FY15

Hazira: During the quarter Q1 FY16, Hazira billed 5.94 MMT which is same as corresponding quarter of previous year.

Hazira terminal handled 2.1 MMT during Q1 FY16 as against 3.3 MMT in Q1 FY15 and 2.73 MMT in Q4 FY15

Paradip: During the quarter Q1 FY16, Paradip CQ III billed 2.00 MMT. Paradip terminal handled 0.52 MMT during Q1

FY16 as against 0.01 MMT in Q1 FY15 and 0.36 MMT in Q4 FY15

Vizag: During the quarter Q1 FY16, Vizag iron ore terminal billed cargo was 1.13 MMT as per take or pay arrangement

and 0.43 MMT was the actual handled cargo. The Project was taken over on 14th May 2015.

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Strategic developments / Approvals received

Vizag: On 14th May 2015, Vizag Iron Ore handling facility had been taken over from Vishakhapatnam Port Trust (VPT)

for operation and upgradation of existing iron ore handling facility.

Salaya: Bund construction of ~3 km out of total 5.56 km completed. Hard soil strata dredging in full swing. Project

expected to be completed during the year. The Company has also acquired required land to lay conveyor system.

Paradip Coal Terminal: The port land site has been cleared of all encumbrances. The project is proposed to be taken

over soon post financial closure.

Operating and Key Highlights

1.7

2.4 2.2 2.3

Q1 FY13 Q1 FY14 Q1 FY15 Q1 FY16

INR

per

Share

EPS

69

101 93 99

Q1 FY13 Q1 FY14 Q1 FY15 Q1 FY16

INR

Cro

re

PAT

271

335 346 365

Q1 FY13 Q1 FY14 Q1 FY15 Q1 FY16

INR

Cro

re

EBITDA

330

411 432 452

Q1 FY13 Q1 FY14 Q1 FY15 Q1 FY16

INR

Cro

re

Revenue

Financial Performance

6

Consolidated revenue for the quarter was

Rs. 452.2 cr, growth of 5% over

corresponding quarter last year (Q1

FY15).

Consolidated EBITDA for the quarter was

at Rs. 364.9 cr, growth of 5% as against

corresponding quarter of previous year.

Consolidated Net Profit for the quarter

has increased by 7% to Rs. 99.1 cr as

against corresponding quarter of previous

year.

EPS for Q1 FY’16 is Rs. 2.31 per share

Highlights

Financial Performance

7

(Figures in Rs Crore) Q1 FY16 Q4 FY15 Q1 FY15

Total Income 452.2 440.2 431.6

Total Expenses 87.3 92.2 84.8

EBITDA 364.9 348.1 346.8

EBITDA Margin 81% 79% 80%

Interest and Finance Expenses 179.6 163.3 161.4

Profit Before Depreciation and Tax 185.3 184.8 185.4

Depreciation 60.3 20.3 74.8

Profit Before Tax 125.0 164.5 110.6

Tax 25.5 60.5 17.8

Adjustment for Share of Minority Interest 0.4 -0.7 0.7

Profit After Tax 99.1 104.6 92.2

Basic EPS (Rs) 2.31 2.44 2.15

Long term Bank borrowings as on 30th

June 2015 (Rs. Cr)

Operating Projects 4,649

Under Construction

Projects1,393

TOTAL 6,042

Thank You

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Vizag Photographs

Ship Loading

9

Stockyard Stacker

Conveyors

Vadinar Photographs

Product Jetties – Draft 20m, 16m

Jetty Area

SBM – Draft 32 m

Jetty With Loading arms in operation

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Vadinar Photographs.. contd

Product and Intermediate Tankage Farm

Rail Gantry

Crude Oil Tankage farm

Road Gantry

11

Hazira Photographs

Finished Steel HandlingBulk cargo handling

12

Paradip Dry Bulk Photographs

ConveyorShip Loader, Reclaimers

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Legal Disclaimer

“This presentation is for information purposes only and does not constitute an offer, solicitation or advertisement withrespect to the purchase or sale of any security of Essar Ports Limited (the “Company” or “EPL” or “Essar Ports Limited”)and no part of it shall form the basis of or be relied upon in connection with any contract or commitment whatsoever.

This presentation is not a complete description of the Company. Certain statements in this presentation contain words orphrases that are forward looking statements. All forward-looking statements are subject to risks, uncertainties andassumptions that could cause actual results to differ materially from those contemplated by the relevant forward lookingstatement. Any opinion, estimate or projection herein constitutes a judgment as of the date of this presentation, and therecan be no assurance that future results or events will be consistent with any such opinion, estimate or projection. Theinformation in this presentation is subject to change without notice, its accuracy is not guaranteed, it may be incomplete orcondensed and it may not contain all material information concerning the Company. We do not have any obligation to,and do not intend to, update or otherwise revise any statements reflecting circumstances arising after the date of thispresentation or to reflect the occurrence of underlying events, even if the underlying assumptions do not come to fruition.

All information contained in this presentation has been prepared solely by the Company. No information contained hereinhas been independently verified by anyone else. No representation or warranty (express or implied) of any nature ismade nor is any responsibility or liability of any kind accepted with respect to the truthfulness, completeness or accuracyof any information, projection, representation or warranty (expressed or implied) or omissions in this presentation. Neitherthe Company nor anyone else accepts any liability whatsoever for any loss, howsoever, arising from any use or relianceon this presentation or its contents or otherwise arising in connection therewith. This presentation may not be used,reproduced, copied, distributed, shared or disseminated in any other manner.

The distribution of this document in certain jurisdictions may be restricted by law and persons into whose possession thispresentation comes should inform them about, and observe, any such restrictions.”

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