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Earnings Call

Aegis Logistics Earnings Call: Key Takeaways

Aegis delivered a record year in FY26, crossing the ₹1,000 crore profit milestone for the first time. Management remains ultra-confident, backed by a massive ₹5,000 crore capex pipeline and strategic ammonia expansion.

Highlights
Revenue growthRevenue grew 23% YoY to ₹8,333 crore in FY26.
MarginsDistribution margins hit ₹7,000/ton; expected to be sustainable via efficiencies.
Demand visibilityStrong, specifically in LPG and the new ammonia terminal segment.
Management confidenceExtremely high, emphasized by recurring use of adjectives like 'outstanding'.

Growth

Revenue grew 23% and PAT surged 41% in FY26. Growth was driven by record LPG throughput and surging distribution volumes.

Outlook

Guided ₹5,000 crore total capex by 2030. Targeted 2 million tonnes of gas distribution volume by FY28.

Risks

Middle East geopolitical instability remains a logistical threat to LPG supply chains. Sharp inventory price volatility could impact short-term margins.

Last quarter's promises, checked

Delivered

  • Guided 25% EBITDA margin on new assets → delivered 25%+ (= BEAT)
  • Guided VLGC berth operational at Kandla in Q3 → delivered operational (= BEAT)
  • Guided 8-10% LPG import growth → delivered 8% YTD (= BEAT)

Partly delivered

  • Guided KGPL pipeline by March → delivered June target (= PARTIAL)
Source

Earnings Call filed with BSE, NSE: AEGISLOG. Summary written with AI assistance from the document.

Read the document ↗

Aegis Logistics Ltd: key numbers

Share price
₹1,365.40
Market cap
₹47,926 Cr
Revenue (annual)
₹8,333 Cr
Net profit (annual)
₹898.1 Cr
P/E (TTM)
38.3×Sector 18.7×
Promoter holding
58.10%+0.00% QoQ
FII holding
19.54%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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