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Earnings Call Transcript

Aegis Logistics Earnings Call Transcript: Key Takeaways

Aegis reports a record quarter with 212% PAT growth, driven by massive LPG distribution margin expansion and volume surges. Management transitions from logistics provider to integrated distributor.

Highlights
Revenue growthRevenue grew 37% YoY to 2,357 Cr with strong organic volumes.
MarginsLPG distribution margins jumped from 4,000 to over 7,000 per ton.
Demand visibilityStrong demand across industrial and commercial segments for LPG and Ammonia.
Management confidenceExtremely bullish, emphasizing 'record' performance and structural shifts in margins.

Growth

PAT reached 545 Cr (+212% YoY) and EBITDA 727 Cr (+184% YoY). Growth is high-quality, driven by structural margin expansion in LPG.

Outlook

Targeting 2 million tons distribution volume. 5 billion Cr capex pipeline through FY31 across port network.

Risks

Dependence on volatile global LPG supply chains and geopolitical tensions in the Middle East affecting logistics. High capex cycle execution risk.

Last quarter's promises, checked

Delivered

  • Guided INR 7,000/ton LPG margin → delivered INR 7,000+ (= BEAT)
  • Targeted 2M tons distribution volume → delivered 91% YoY growth (= BEAT)
  • Commission Pipavav Ammonia terminal H1 FY27 → delivered Commissioned (= BEAT)

Partly delivered

  • Guided $1.2B aggregate capex by March '27 → delivered Ongoing expansion (= PARTIAL)
Source

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

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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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