The Great Eastern Shipping Company Limited — PPTs, 28-01-2025: Investor Presentation

**Financial Highlights:** For Q3 FY25, GE Shipping reported a consolidated net profit of INR 594 Cr, a notable increase from INR 538 Cr in Q3 FY24. Revenue reached INR 1,227 Cr, up from INR 1,110 Cr previously. EBITDA was reported at INR 875 Cr, compared to INR 686 Cr in the same quarter last year. The company holds a consolidated NAV of INR 1,418 per share. The third interim dividend declared is INR 8.10 per share, contributing to a total of INR 24.30 per share for the first nine months of FY25.

**Strategic Initiatives and Growth Drivers:** The firm’s strong operational performance can be attributed to strategic management in asset utilization and market responsiveness amidst fluctuating global conditions. Prepayment of ~$33 Mn of ECBs highlights robust cash flow management, eliminating outstanding Euro debt and positioning the company favorably in a competitive market landscape.

**Business Developments:** There has been a sustained focus on both shipping and offshore logistics, with consistent vessel performance translating into stable revenue days. Notably, the fleet remains well-positioned, with organic growth plans through selective acquisitions following market dynamics.

**Market Position and Competitive Advantage:** GE Shipping maintains a competitive edge through a diversified fleet profile and an adaptable business model, crucial in navigating market volatility.

**Investor Implications:** The strong quarterly results and healthy dividend payouts suggest a positive outlook for investors. Continued vigilance on market trends will be essential as global demand adjusts.