Transworld Shipp

- The company plans to use proceeds from the transaction (around Rs. 200 crores) to immediately repay working capital debt, specifically about Rs. 80 crores. - Post repayment, there will be an analysis to determine the extent of long-term debt the company should maintain, keeping financial prudence and future vessel acquisition needs in mind. - No debt will be transferred as part of the Business Transfer Agreement; all existing debt remains on the company’s books. - The management indicated there is no current plan to acquire new vessels immediately, so no immediate new debt for vessel acquisition is foreseen. - They intend to maintain or reduce leverage to improve the balance sheet, aiming for a debt-to-equity ratio around or below 0.5 from the current 0.8. - No explicit mention of new equity fundraising was made in the provided text.

- Currently, the company sees no immediate need to acquire new vessels as existing tonnage is adequate. - The Board is reviewing the vessel-owning strategy and may revisit capital investment decisions after a few quarters. - Any future vessel acquisition will be planned prudently, considering financial leverage and long-term business strategy. - The management intends to maintain a healthy balance sheet post-transaction, reducing debt and interest expenses. - Capital investment decisions will be aligned with de-risking the business model and improving competitiveness. - The focus is on stable revenues and visibility of cash flows rather than aggressive asset acquisition in the near term.

- The company expects stable returns and clear profitability in the vessel-owning business in the coming years. - Post-transaction with Unifeeder, Shreyas aims to have a renewed focus on vessel operations to reduce risks and ensure stable revenues and cash flow visibility. - The association with Unifeeder and DP World will enable Shreyas to access a bigger addressable market. - Continuous deployment of vessels through chartering is prioritized to mitigate cyclicality and maintain revenue certainty. - If 80% of vessel capacity is effectively deployed, revenue could be around Rs. 250 crores, subject to charter market rates. - Management plans to reduce leverage, decrease interest costs, and improve net debt-to-equity ratio to support profitability growth. - Replacement of older vessels with better, more economical, larger vessels is planned to enhance earnings.

- The company expects improved profitability going forward due to the transaction and infusion of funds, which will strengthen the balance sheet and reduce leverage. - Shift to chartering vessels is aimed to ensure continuous vessel deployment, providing steady revenue and cash flow visibility, reducing business cyclicality. - Operating earnings (EBITDA) under the new AssetCo structure are expected to be higher than reported FY '20 levels, as costs related to vessel operation under coastal shipping will reduce significantly. - Management is focused on enhancing returns through long-term charters with partners like Unifeeder and DP World, aiming for stable and resilient earnings. - With refinancing and debt reduction, interest and other expenses will decrease, positively impacting net profits and EPS. - Pro-forma P&L and balance sheet statements will be provided soon to give clearer financial expectations post-transaction.

The provided pages of the Shreyas Shipping and Logistics transcript dated August 20, 2020, do not explicitly mention current or expected orderbook or pending orders information. The discussion focuses mainly on: - The sale of the domestic coastal and EXIM feeder shipping business to Unifeeder. - The chartering of vessels and related revenues. - The financial impact of the transaction including pro-forma P&L and balance sheet. - The strategic intent to de-risk and deleverage through vessel chartering. - Working capital transfer as part of the slump sale. No direct details on new vessel orders, pending shipbuilding contracts, or an orderbook were disclosed in the excerpt provided. For information on orderbook or pending orders, please refer to other sections or reports outside these pages.