Essar Shipping Limited. · NSE:ESSARSHPNG
Essar Shipping — Essar Global Fund — Investor Presentation (February 2020)
24 slides from Essar Shipping's investor presentation, February 2020
Slide 1: Creating value by investing, building and nurturing a portfolio through Essar Global Fund
Creating value by investing, building and nurturing a portfolio of state-of-the-art assets through Essar Global Fund
Slide 2: About Us
ABOUT US 1 Assets Under Essar Global Fund Ltd (Essar Global) is a global investment fund, with US$ 9.3bn assets under Management management. 2 Investment Essar Global has a long-term view. It is committed to partner with management to build great businesses Horizon and enhance shareholder value. 3 T
Slide 3: Essar Global Fund
ESSAR GLOBAL FUND FAMILY OWNED A family-owned investment fund with an entrepreneurial and active ownership approach to its investments MORE THAN A DECADE In the past decade, Essar Global has invested more than US$ 14bn in equity in OF LEGACY over 25 companies SECTOR FOCUS Focus lies on economic sect
Slide 4: Essar Global Fund structure
ESSAR GLOBAL FUND RUIA FAMILY Ruia Family • Essar Capital Limited manages and implements investments and divestments for the fund • Essar Capital Board & investment ESSAR CAPITAL ESSAR GLOBAL FUND committee recommend all investment LIMITED & divestment decisions to Essar Global Fund • The investment
Slide 5: Portfolio of Investments
PORTFOLIO OF INVESTMENTS ENERGY INFRASTRUCTURE METALS & MINING SERVICES TECHNOLOGY & SOLUTIONS • Essar Oil, UK • Essar Ports • Iron Ore US • Essar Shipping • AGC Networks • Essar Exploration & • Essar Projects • Coal Assets in US and Oilfields • Mobile Wallet, Production & Indonesia Customer experie
Slide 6: Energy: Essar Oil UK
ENERGY Refining & Marketing ; 16% market share of road fuels in UK- Essar Oil UK 10 MTPA Capacity US$ 1,000 mn+ Investment US$ 11,768 mn Revenue (2020 E) 70+ Retail Outlets 6
Slide 7: Energy: Essar Exploration & Production
ENERGY India’s largest unconventional energy player – Essar Exploration & Production 15 TCF of Gas reserves across 3 CBM and 1 Shale block 1 Bn BOE of Conventional resources US$ 1,000 mn Investment Shale potential Identified in 1 block 7
Slide 8: Energy: Essar Power
ENERGY India’s one of the largest private power producer – Essar Power 3,830 MW Installed capacity US$ 4,700 mn Investment US$ 746 mn Revenue (2020 E) 8
Slide 9: Infrastructure: Essar Ports
INFRASTRUCTURE India’s second largest private sector port operators – Essar Ports 110 MTPA Total Capacity US$ 1,600 mn Investment US$ 273 mn Revenue (2020 E) 9
Slide 10: Infrastructure: Essar Projects
INFRASTRUCTURE Over five decades of experience in project Execution - Essar Projects US$ 10 bn worth projects executed across sectors US$ 238 mn+ Order Book Size 25,000+ manpower handled at a single site US$ 258 mn Revenue (2020 E) 10
Slide 11: Metals & Mining
METALS & MINING World-class proven reserves in North America and Indonesia 2.3 bn ton Iron ore reserve in North America 7 MTPA capacity Pellet plant under construction in North America 77 mn tons Coal reserve in North America 72 mn tons Coal Reserve in Indonesia US$ 1,700 mn Investment 11
Slide 12: Services: Essar Shipping & Oilfields
SERVICES Essar Shipping & Oilfields 1.12 mn DWT 16 Rigs (includes 1 Semi-submersible) Youngest Fleet of Ships US$ 183 mn Revenue (2020 E) 12
Slide 13: Technology: AGC Networks
TECHNOLOGY AGC NETWORKS 8,000+ technology clients across 6 continents and 30+ countries Among the 10 Fastest Growing Go-To-Technology Solution Provider & Integrators Acquired Black Box Corporation in Jan,2019 US$ 750 mn Revenue (2020 E) 13
Slide 14: Technology: Customer Experience & Device Protection
TECHNOLOGY Customer experience & Device Protection Customer Experience & Employee Experience Platform 80mn+ conversations initiated, helping 120+ brands Most trusted Partners for Mobile Insurance globally and in India Hybrid Banking Platform Presence in 150+ cities 14
Slide 15: Strong Financial Outlook
STRONG FINANCIAL OUTLOOK 15,000 1.2 1.1 US$ 14.7 bn 14,500 1.1 US$ 14.3 bn 1.0 US$ 14.0 bn 14,000 0.9 US$ 13.4 bn 0.8 13,500 Revenue (US$ mn) 0.7 13,000 0.6 12,500 0.4 12,000 0.2 11,500 11,000 - FY 19 FY 20 FY 21 FY 22 Energy Technology Infra Metals & Mining Services EBITDA Revenue (US$ Mn) FY'19 FY
Slide 16: Monetisation Strategy – Partnering with Global Majors
MONETISATION STRATEGY – Partnering with Global Majors Involved in monetization of US$ 39bn of assets Acquiring Entity Financial Closure US$ 33.41bn US$ US$ US$ US$ US$ Inflow of Capital Enterprise Value 18.8 bn* 910 mn 12.9 bn 6 bn 350 mn • First mover in 1995 • Part sale of Aegis • Sale of c. 98% s
Slide 17: Monetisation of Essar Oil
MONETISATION OF ESSAR OIL • Essar commenced construction of a world class refinery in Vadinar, Gujarat, India in 1994, which started commercial production in 2008. • Essar Oil is the 2nd largest single location refinery in India with an initial capacity of 10 MMTPA further expanded to 20 MMTPA. • Es
Slide 18: Value Created in Essar Steel
VALUE CREATED IN ESSAR STEEL • Essar Steel is among the largest single location steel producers with a 10 MTPA liquid steel capacity. • Essar Steel is a fully integrated flat carbon steel manufacturer–from iron ore to ready-to-market products. It is supported by a Beneficiation plant, slurry pipelin
Slide 19: Monetisation of Essar's Stake in Vodafone
MONETISATION OF ESSAR’S STAKE IN VODAFONE • Essar became the first company to start GSM operations in Delhi, India under the brand name, Essar Cellphones in 1995. • In 1999, Essar and Hutchison created a JV together to pursue a pan-India strategy. • In 2007, Hutchison decided to exit India. After a
Slide 20: Monetisation of Aegis
MONETISATION OF AEGIS • Essar acquired Aegis Communication in 2003 from a Dallas Company at c.US$ 5mn and grew it over twentyfold to become a significant player in the outsourcing industry. • Essar helped Aegis’ transformation from being a US-based loss making unit with revenues of just US$ 52mn (in
Slide 21: Portfolio Debt Reduction of Over US$ 20bn
PORTFOLIO DEBT REDUCTION OF OVER US$ 20bn 75% Debt Reduction in a span of 2 years Services 1,381 Services Infrastructure 466 2,128 Infrastructure 1,232 Energy Services 915 9,103 Services Energy 642 7,461 Infrastructure Infrastructure 895 250 Metals & Mining Services Metals & Mining 273 8,086 8,086 E
Slide 22: Key Executives
KEY EXECUTIVES Director Strategy, M&A Director Strategy, M&A Member, Board of Directors Vikash Saraf Dhanpat Nahata Uday Gujadhur Essar Capital, Essar Energy, Essar Capital, Sharekhan, Essar Capital, Ernst & Young Member of the Mauritius Institute SSKI Securities of Directors 20 years 27 years CA, C
Slide 23: Beyond Business
BEYOND BUSINESS Making a difference to the society The Essar Foundation drives the The Foundation’s initiatives are aligned Essar Foundation impacts over company's CSR initiatives across with UN’s Sustainable Development 500,000 individuals annually in diverse geographies and Goals (SDGs) and Schedu
Slide 24: www.facebook.com/essargroup/ https://twitter.com/Essar
Essar Global Fund is an investment fund managed by its investment manager, Essar Capital Limited. The Fund is a global investor, controlling a number of world- class assets diversified across the core sectors of Energy, Metals & Mining, Infrastructure (comprising ports and EPC businesses), Technolog
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