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Gujarat Pipavav Port Limited Result Review Q2 2026-27 5th November 2026
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page2 Disclaimer Statements in this presentation describing the Company’s objectives, projections, estimates, expectations may be “forward looking statements” within the meaning of applicable securities laws and regulations. Actual results could differ materially from those expressed or implied. Important factors that could make a difference to the Company's operations include, among others, economic conditions affecting demand / supply and price conditions in the markets in which the Company operates, changes in Government regulations, tax laws and other statutes and incidental factors
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page3 Agenda Profit and Loss Statement Key Updates Volume Development
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page4 Key Updates Q2 FY 2027 Vs Q2 FY 2026 ▪ Middle East conflict: • Container: Transhipment volume • Bulk: Lower fertilizer & Mineral imports • Liquid: Lower LPG imports ▪ RORO: Higher exports from OEM’s ▪ Revenue higher by 13%; Higher Container & RORO revenue ▪ Expenses higher by 5% ▪ EBITDA Margin at 62% up by 300 basis point ▪ Excl. Insurance recovery in Prev. Year; Net profit higher by 18% Amount in INR Million CONTAINER (TEUs) DRY BULK (MT) 192,944 942,575 (+18%) (-10%) LIQUID (MT) RORO (UNITS) 328,868 58,515 (-15%) (+3%) REVENUE EBITDA 3,391 2,118 (+13%) (+19%) EBIT NET PROFIT 1,807 1,485 (+24%) (-6%)
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page5 Key Updates YTD FY 2027 Vs YTD FY 2026 ▪ Middle East conflict: • Container: Transhipment volume • Bulk: Lower fertilizer & Mineral imports • Liquid: Lower LPG imports ▪ RORO: Higher exports from OEM’s ▪ Excluding duty benefit scrips revenue & cyclone recovery: • Revenue higher by 16%; Container & RORO • Expenses higher by 9% • EBITDA higher by 21% • EBIT higher by 27% • Margin at 62% up by 300 basis point • Net profit higher by 20% Amount in INR Million CONTAINER (TEUs) DRY BULK (MT) 361,603 1,463,053 (+10%) (-9%) LIQUID (MT) RORO (UNITS) 550,048 123,926 (-32%) (+24%) REVENUE EBITDA 6,709 4,258 (+22%) (+31%) EBIT NET PROFIT 3,633 2,954 (+39%) (+14%)
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page6 Classification: Confidential Volume Development 109 107 97 89 99 55 67 69 80 94 461 438 401 346 452 0 50 100 150 200 250 300 350 400 450 500 0 50 100 150 200 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 Container ICD Volume ('000 TEU) Other than ICD Volume ('000 TEU) Number of trains 388 404 383 221 329 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 Liquid - (000 MTs) 56,864 62,163 67,609 65,411 58,515 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 RoRo (Units) 249 285 178 257 288 803 629 274 263 655 1,052 914 451 520 943 - 200 400 600 800 1,000 1,200 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 Bulk (000 MTs) Minerals & Others Fertilizer Total
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page7 Profit and Loss Statement INR Million Sep-26 Jun-26 % Sep-25 % Sep-26 Sep-25 % Income Revenue from Operations 3,391.52 3,317.67 2% 2,991.49 13% 6,709.19 5,492.78 22% Expenditure Operating Expenses 626.48 436.88 43% 619.60 1% 1,063.36 1,022.86 4% Employee benefits expense 263.13 255.50 3% 229.12 15% 518.63 453.75 14% Other Expenses 383.71 485.46 -21% 366.43 5% 869.17 767.04 13% Total Expenditure 1,273.32 1,177.84 8% 1,215.15 5% 2,451.16 2,243.65 9% EBITDA 2,118.20 2,139.83 -1% 1,776.34 19% 4,258.03 3,249.13 31% % 62% 64% 59% 63% 59% Depreciation 311.03 314 -1% 316.46 -2% 625.15 631.02 -1% EBIT 1,807.17 1,825.71 -1% 1,459.88 24% 3,632.88 2,618.11 39% Other Income 211.40 154.53 37% 242.07 -13% 365.93 453.10 -19% Finance Cost 10.42 7.17 45% 14.65 -29% 17.59 33.35 -47% Exceptional Item - - - 431.35 -100% - 431.35 -100% Profit Before Tax 2,008.15 1,973.07 2% 2,118.65 -5% 3,981.22 3,469.22 15% Tax Expense 507.13 504.30 1% 535.59 -5% 1,011.43 878.88 15% Other comprehensive income, net of tax -16.17 - - -6.65 143% -16.17 -6.65 143% Net Profit 1,484.85 1,468.77 1% 1,576.41 -6% 2,953.62 2,583.68 14% Particulars Quarter ended Half Year
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Thank you