Container Corporation of India Limited

V. Kalyana Rama

CHAIRMAN AND

Pk Agrawal

DIRECTOR (DOMESTIC)

Sanjay Swarup

DIRECTOR (INTERNATIONAL

Manoj Dubey

DIRECTOR (FINANCE)

Bhoomika Nair

DAM CAPITAL ADVISORS LTD

rs,

demic. And the last year we could see the volumes, the revenue grow very healthy. Almost all quarters, all months we had record. We were having the best ever turnovers in all the months, in all the four

INR7,600 crore

income that all of you might have seen from the results that we had net operating income of almost INR7,600 crore. And also PAT, as I given the forecast, the guidance during the last year’s call we grown by 100

100%

ore. And also PAT, as I given the forecast, the guidance during the last year’s call we grown by 100%. This year the PAT has come to INR1,062 crore and EBITDA almost we touched INR2,000 crore, a littl

INR1,062 crore

forecast, the guidance during the last year’s call we grown by 100%. This year the PAT has come to INR1,062 crore and EBITDA almost we touched INR2,000 crore, a little less INR2000 crore we got the EBITDA and the

INR2,000 crore

call we grown by 100%. This year the PAT has come to INR1,062 crore and EBITDA almost we touched INR2,000 crore, a little less INR2000 crore we got the EBITDA and the CONCOR team has really worked hard. As last

INR2000 crore

year the PAT has come to INR1,062 crore and EBITDA almost we touched INR2,000 crore, a little less INR2000 crore we got the EBITDA and the CONCOR team has really worked hard. As last year we discussed, the compa

50%

e questions about the number of double stack trains run. But overall the double stack increased by 50%, 45% over the last year. We started operating double hub operations. So there is a one hub, in the

45%

stions about the number of double stack trains run. But overall the double stack increased by 50%, 45% over the last year. We started operating double hub operations. So there is a one hub, in the Khat

INR80 crore

profits to us. So that particular one idea if I talk about, the net effect of that idea is around INR80 crore plus in my bottom line, even after giving 50% discount on the movement of box into hinterland. S

31.1%

our pricing strategies. So the overall operating margin for the year, if I look at, has gone up to 31.1% compared to 27% last year. For FY 2021, it was 27% FY21-22 it is 31.1% overall operating margin, w

27%

gies. So the overall operating margin for the year, if I look at, has gone up to 31.1% compared to 27% last year. For FY 2021, it was 27% FY21-22 it is 31.1% overall operating margin, whereas rail frei

30%

22 it is 31.1% overall operating margin, whereas rail freight margin has come down from 30% to 28%. So the endings we shifted into the terminal earnings and there's the hedge we change. So,

“There will be an opportunity for you to ask questions after the presentation concludes.”

“And also PAT, as I given the forecast, the guidance during the last year’s call we grown by 100%.”

“And that happened, the double stacking figures we will be sharing during the conference.”

“Definitely you people will be asking me questions about the number of double stack trains run.”

“And this year we are having ambitious target of touching 5 million TEU’s.”

“And one highlight here is Khatuwas, the hub what we were operating, we did 6.8 lakh TEU’s in the FY22 and this year we are keeping a target to make it a 1 million TEU’s ICD.”

“See, this will be the first time I think in India, definitely, but maybe I have to check the records anywhere, a 1 million TEU’s ICDs becoming operational.”

“So this Khatuwas now this year, the -- our target is to make it a 1 million TEU’s ICD.”

“Rest all I think during the questions we will answer and this year guidance definitely we will be adding at least 12% to 20% into the PAT and in top line again 12% to 20% that is what we are aiming at, because in domestic segment we are seeing a good growth.”

“The asset utilization has really gone up during the Q4 and this year we expect the similar type of growth in domestic and EXIM, of course, it is dependent on export import volumes out of India and the box availability.”

V. Kalyana Rama

39

Moderator

11

Ashish Shah

7

Achal Lohade

7

Krupashankar

7

Shrinidhi Karlekar

6

Sanjay Swarup

5

Atul Tiwari

5

Bharat Sheth

5

Jonas Bhutta

4

V. Kalyana Rama

Ladies and gentlemen, good day, and welcome to the Container Corporation of India Limited Q4 and FY22 Earnings Conference Call hosted by DAM Capital Advisors Limited. As a reminder, all participant lines will be in listen-only mode. There will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during the conference call, please signal an operator by pressing ‘*’ then ‘0’ on your touchtone phone. Please note that this conference is being recorded. I now hand the conference over to Ms. Bhoomika Nair from DAM Capital. Thank you, and over to you Bhoomika. Yes. Thank you, Tanvi. Good morning, everyone, and a warm welcome to the Container Corporation of India Q4 FY22 earnings call. We have with us today the management being represented by Mr. V. Kalyana Rama, Chairman and Managing Director. I’ll now hand over the call to him for his opening remarks post switch we will open up the floor for Q&A. Over to you, sir. Thank you, Bhoomika, and go

V. Kalyana Rama

I think we already announced, Ashish, on this the pricing. We passed on the increase in the fair to the customer.

Ashish Shah

Sure. So second is if we can just share the originating volumes for the quarter. V. Kalyana Rama: Yes. Mr. Swarup will give you.

Ashish Shah

Sure. And just last one, sir, this quarter if you see the employee expenses and the LLF, they seem to be a little bit on the higher side when I compare with the third quarter. So there is any clarity if you can provide on the same. Thank you.

Manoj Kumar Dubey

So, just for your clarity for apple-to-apple comparison, we have deducted INR72 crore that we provided for last year. So if I deduct that from last year, it comes to INR352 crore. And what are provisions we made this year because of good performance of the company, the PRP provisions goes up as well as the medical provision and other actuarial provisions. So if I do apple-to-apple comparison INR352 core has grown to INR364 core, which is 3.5% only. So that's the clarification for everybody to note. And this 3.4% normally it is 10% growth every year in the salary. 3.4% is only because the fact that attrition level is little higher nowadays for large company and we are not adding any further employees, although the productivity is going up. So that's the clarification.

Ashish Shah

Sure. And secondly on the LLF sir, that also seems to have gone up by when I come back with the third quarter levels.