Aegis Logistics Ltd.
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ABOUT
KEY POINTS
Revenue Breakup Mar 2026 • Gas Terminal Division: 96.2% • Liquid Terminal Division: 3.8%
AI Sector View
AI GENERATEDOil Gas & Consumable Fuels
Sector economics are clouded by input volatility and uneven volume trends. WPI fuel inflation is very high at 20.05% (Jul/26), crude oil output is -5.3% YoY (2026-07), natural gas is -3.7% YoY (2026-07), and natural gas consumption is -3.0% YoY (2026-06), although refinery products grew 2.7% YoY (2026-07) and coal was 7.6% YoY (2026-07). Heavy FPI outflows of INR -15293 crore over 3 months to 2026-08-31 and negative oil-linked news flow reinforce the underweight.
PROS
- Company has delivered good profit growth of 43.3% CAGR over last 5 years
- Company is almost debt free
- Company has a healthy return on capital (ROCE) of 27.6%
- Company has a good return on equity (ROE) track record: 3 Years ROE 22.9%
- Latest quarter profit grew 469.7% YoY, showing strong momentum
- Company has delivered good sales growth of 44.8% CAGR over last 5 years
CONS
- A large part of profit comes from other income (48.0% of PBT)
- Operating margins have contracted to 14.5% from 34.9%
- Stock is trading at 6.1x its book value
- Growth is decelerating - 3Y profit CAGR (4.9%) trails the 5Y trend (43.3%)
- Expensive relative to growth - PEG of 7.4
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
| Name | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| ADANIENT | 3100.00 | 56.37 | 419654.01 | 0.04 | -1461.54 | -249.67 | 32923.98 | 49.92 | 13.30 | 15.57 |
| AEGISLOG | 1306.60 | 36.65 | 45861.66 | 0.67 | 544.84 | 210.70 | 2356.86 | 37.07 | 19.76 | 30.28 |
| CPPLUS | 3828.15 | 94.89 | 45287.18 | 0.04 | 142.20 | 332.51 | 1402.42 | 89.51 | 29.48 | 14.52 |
| PREMIERENE | 970.00 | 26.45 | 44033.30 | 0.10 | 471.92 | 53.32 | 2462.59 | 35.25 | 33.72 | 29.03 |
| REDINGTON | 392.20 | 18.03 | 30661.19 | 1.53 | 453.49 | 94.65 | 34922.47 | 34.57 | 18.96 | 2.03 |
| HONASA | 475.10 | 62.24 | 15489.41 | 0.63 | 90.45 | 118.87 | 755.95 | 27.00 | 20.87 | 14.58 |
| LLOYDSENT | 70.00 | 95.16 | 10685.86 | 0.21 | 109.98 | -55.77 | 563.03 | 70.15 | 12.84 | 18.07 |
| SGMART | 767.50 | 77.80 | 9673.20 | 0.00 | 455.80 | 1310.71 | 13085.70 | 1044.08 | 10.43 | 4.49 |
| MMTC | 62.22 | 20.86 | 9333.00 | 0.00 | 104.24 | 135.52 | 0.68 | -50.00 | 33.46 | -1423.53 |
| ENTERO | 1796.30 | 62.34 | 7818.05 | 0.00 | 52.05 | 72.17 | 1940.50 | 38.23 | 10.93 | 5.00 |
| EBGNG | 676.35 | 54.14 | 7711.17 | 0.00 | 28.93 | 56.21 | 412.46 | 32.08 | 20.58 | 11.97 |
| CELLO | 339.05 | 24.44 | 7646.88 | 0.44 | 73.40 | -8.99 | 526.72 | -0.43 | 17.15 | 18.80 |
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 850 | 584 | 824 | 722 | 732 | 658 | 672 | 914 | 837 | 1,028 | 914 | 1,713 | 1,069 | |
| 777 | 503 | 741 | 618 | 658 | 592 | 609 | 669 | 769 | 948 | 824 | 1,297 | 609 | |
| Operating Profit | 74 | 81 | 83 | 103 | 74 | 67 | 63 | 246 | 67 | 79 | 89 | 416 | 459 |
| OPM % | 8.66% | 13.84% | 10.11% | 14.33% | 10.13% | 10.14% | 9.44% | 26.88% | 8.06% | 7.73% | 9.79% | 24.30% | 42.97% |
| 32 | 57 | 60 | 62 | 153 | 35 | 36 | 36 | 35 | 154 | 135 | 239 | 69 | |
| Interest | 2 | 3 | 3 | 2 | 2 | 2 | 2 | 8 | 4 | 3 | 3 | 10 | 4 |
| Depreciation | 5 | 5 | 5 | 3 | 4 | 4 | 4 | 5 | 5 | 6 | 6 | 6 | 6 |
| Profit before Tax | 99 | 130 | 135 | 160 | 220 | 96 | 93 | 268 | 94 | 224 | 216 | 639 | 528 |
| Tax % | 24.66% | 20.11% | 19.92% | 21.33% | 24.93% | 24.82% | 29.26% | 15.94% | 26.05% | 25.61% | 15.12% | 17.90% | 25.33% |
| Net Profit | 74 | 104 | 108 | 126 | 165 | 72 | 66 | 226 | 69 | 167 | 183 | 524 | 394 |
| 2.12 | 2.96 | 3.07 | 3.59 | 4.71 | 2.06 | 1.87 | 6.43 | 1.97 | 4.75 | 5.22 | 14.94 | 11.23 |
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 389 | 501 | 707 | 860 | 705 | 1,228 | 3,075 | 2,980 | 2,977 | 4,492 | 4,724 | |
| 291 | 395 | 554 | 862 | 550 | 902 | 2,731 | 2,639 | 2,527 | 3,839 | 3,679 | |
| Operating Profit | 97 | 106 | 153 | -2 | 154 | 326 | 344 | 341 | 450 | 653 | 1,044 |
| OPM % | 25.00% | 21.19% | 21.66% | -0.29% | 21.91% | 26.57% | 11.20% | 11.45% | 15.12% | 14.53% | 22.11% |
| 26 | 28 | 20 | 67 | 82 | 263 | 728 | 210 | 261 | 563 | 596 | |
| Interest | 8 | 7 | 21 | 23 | 15 | 19 | 17 | 10 | 15 | 21 | 21 |
| Depreciation | 11 | 18 | 25 | 38 | 40 | 45 | 25 | 18 | 18 | 21 | 23 |
| Profit before Tax | 103 | 109 | 127 | 3 | 182 | 525 | 1,031 | 523 | 678 | 1,172 | 1,607 |
| Tax % | 35.85% | 7.54% | 30.20% | -621.68% | 14.26% | 13.89% | 20.76% | 21.29% | 21.95% | 19.51% | 21.04% |
| Net Profit | 66 | 101 | 89 | 25 | 156 | 452 | 817 | 412 | 529 | 944 | 1,269 |
| EPS | 1.99 | 3.02 | 2.65 | 0.70 | 4.44 | 12.87 | 23.29 | 11.73 | 15.07 | 26.88 | — |
| Dividend Payout % | 52.89% | 41.37% | 52.77% | 233.90% | 45.01% | 19.42% | 24.69% | 55.40% | 48.10% | 32.36% | — |
COMPOUNDED SALES GROWTH
- 10 Years:
- 29%
- 5 Years:
- 45%
- 3 Years:
- 13%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 33%
- 5 Years:
- 43%
- 3 Years:
- 5%
STOCK PRICE CAGR
- 10 Years:
- 25%
- 5 Years:
- 39%
- 3 Years:
- 58%
- 1 Year:
- 89%
RETURN ON EQUITY
- 10 Years:
- 20%
- 5 Years:
- 29%
- 3 Years:
- 23%
- Last Year:
- 30%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 33 | 33 | 33 | 34 | 35 | 35 | 35 | 35 | 35 | 35 |
| 665 | 735 | 777 | 845 | 1,185 | 1,496 | 2,138 | 2,347 | 2,762 | 3,424 | |
| 188 | 266 | 174 | 482 | 644 | 676 | 100 | 386 | 586 | 1,120 | |
| Trade Payables | 40 | 34 | 36 | 25 | 35 | 39 | 213 | 180 | 215 | 432 |
| 209 | 189 | 234 | 340 | 229 | 366 | 505 | 656 | 843 | 596 | |
| Total Liabilities | 1,136 | 1,258 | 1,255 | 1,726 | 2,127 | 2,613 | 2,992 | 3,606 | 4,440 | 5,607 |
| 556 | 745 | 791 | 1,126 | 1,128 | 1,641 | 559 | 574 | 601 | 693 | |
| Capital Work in Progress | 161 | 132 | 123 | 211 | 435 | 116 | 106 | 251 | 591 | 478 |
| 79 | 40 | 46 | 46 | 46 | 37 | 242 | 231 | 337 | 935 | |
| 17 | 18 | 27 | 29 | 42 | 64 | 124 | 39 | 157 | 81 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 158 | 321 | 375 | |
| Cash & Bank | 33 | 35 | 45 | 103 | 59 | 87 | 431 | 942 | 1,612 | 2,742 |
| 289 | 288 | 222 | 212 | 417 | 668 | 1,530 | 1,411 | 821 | 303 | |
| Total Assets | 1,136 | 1,258 | 1,255 | 1,726 | 2,127 | 2,613 | 2,992 | 3,606 | 4,440 | 5,607 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 103 | 100 | 173 | 216 | 248 | 214 | 350 | 490 | 76 | 957 | |
| Cash from Investing | -132 | -96 | -39 | -56 | -356 | 59 | 405 | -24 | -468 | 493 |
| Cash from Financing | 57 | 34 | -112 | -73 | 70 | -206 | -573 | -126 | 28 | -311 |
| 2 | 3 | -8 | 62 | -41 | 28 | -22 | 340 | -364 | 1,139 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
Documents
Corporate disclosures, annual reports, credit ratings, and concall transcripts
2026-09-01 - Aegis Logistics Limited has informed the Exchange about Credit Rating
2026-08-24 - Aegis Logistics Limited has informed the Exchange about Execution of BTA Between the Company and Aegis Terminal (Pipavav) Limited ('ATPL').
2026-08-21 - Aegis Logistics Limited has informed the Exchange about Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
2026-08-19 - Aegis Logistics Limited has informed the Exchange about Transcript
2026-08-18 - The Exchange has sought clarification from Aegis Logistics Limited with respect to recent news item captioned Aegis Logistics in talks to acquire UAE?s Tristar for $1.5 billion. The response from the Company is attached.
2026-08-18 - The Exchange has sought clarification from Aegis Logistics Limited with respect to recent news item captioned Aegis Logistics in talks to acquire UAE?s Tristar for $1.5 billion. The response from the Company is awaited.
2026-08-14 - Aegis Logistics Limited has informed the Exchange about Link of Recording of earnings call
2026-08-10 - Aegis Logistics Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on August 07, 2026. Further, the company has informed the Exchange regarding voting results.
2026-08-10 - Aegis Logistics Limited has informed the Exchange about Commissioning of specialised storage terminal for Ammonia at Pipavav by the Company
News
Recent coverage and analyst commentary for AEGISLOG
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