Provide integrated logistics services from sourcing, storing, moving and distributing products.
Volumes handled by LPG terminals in Q1FY22 is 568000 MT as against 700000 MT in Q1FY21.
According to Aegis logistics analysis, Q1FY22 volumes were impacted due to Cyclone Tauktae at Pipavav, Cyclone Yaas at Haldia and Covid-19 Second wave.
Performance in gas division was aided by Increasing throughput by continuous capacity expansion, increase in wallet share & Addition in new customers, Increasing Retail & Distribution business of LPG as of Aegis logistics results.
EBITDA of Aegis logistics share price Contributes 57% by liquid division.
According to Aegis logistics share price balance sheet , it reported an EBITDA of 65 crore in Q1FY22 against an EBITDA of 78 crores in Q1FY21. A decrease of 16% YoY as of Aegis logistics share price history.
Provides import, export, storage, and logistics services, handling Class A, B, and C products as well as all types of chemicals, POL Products and Vegetable Oils as of Aegis logistics annual report.
EBITDA Contribution of 43% by liquid division.
According to Aegis logistics research report, it reported an EBITDA of 49 crore in Q1FY22 against an EBITDA of 40 crores in Q1FY21. An increase of 23% YoY.
According to Aegis logistics financial analysis, It reported revenue of 66 crore in Q1FY22 against revenue of 55 crores in Q1FY21. An increase of 19% YoY.
Performance in the Liquid division was aided by fully operational new capacities and significant improvement in margins of Aegis logistics chart.
Formation of JV – Aegis Vopak Terminals Ltd
Aegis and Vopak propose to form a JV to take advantage of the numerous growth opportunities in the field of oil, gas and chemical logistics in India.
The JV company to be named Aegis Vopak Terminals Ltd (AVTL) will be 51% owned by Aegis and 49% by Vopak.
According to Aegis logistics reviews , Aegis is India’s leading liquid and LPG tank terminal owner and operator.
Aegis brings superb execution capabilities and a portfolio of profitable assets.
Vopak is the world’s leading independent tank storage company, storing oil, chemicals, gases, biofuels and edible oils.
Vopak brings global expertise and standards, new product capabilities and global customers.
Benefits from the Deal
Scale up its Liquid and LPG Terminals business on an accelerated basis.
Pool financial, management and technical resources for diversification into other types of gas and other products storage by combining with the global leader Vopak.
Explore new growth opportunities in Renewable and Sustainable Energy.
LPG volumes were negatively impacted by the second wave of Covid-19, cyclone Tauke at Pipavav, and cyclone Yaas at Haldia.
LPG throughput volumes were down 19% YoY. Orders from PSUs remained muted over Apr-May’21, which consequently recovered in Jun’21.
Autogas volumes are recovering well, and management expects volumes to return to pre-Covid run rate in H2FY22.
Commercial orders are improving as restaurants and hotels are showing signs of recovery in the current quarter.
Overall, management expects better LPG throughput volumes as Q2 ordering is looking positive.
Commissioning of Kandla terminal remains on track – mechanical work is expected to be completed by end-Q2FY22 and commissioning by Q3FY22.
AGIS is looking to start work on some of the capex plans under the Vopak JV, even before deal completion.
According to Aegis logistics quarterly results, management margins have remained stable in both logistics and distribution businesses.
Management expects the strong trend to continue throughout the year in the Liquids division.
Additional capacities at Mangalore (50,000KL) and Haldia (12,000KL) have started contributing to AGIS’ topline.
ABOUT INVEST YADNYAInvest yadnya is one of the best websites for stock analysis for beginners. They provide the best website for ready made portfolios in India. Invest Yadnya gives books on income tax india so that anyone can invest in their website . They provide financial analysis best books and free books on mutual funds to their investors . They have a special stock-o- meter which gives a very exact and illustrated analysis of companies. Not only , ready made portfolio websites investors can also get information about financial advice services. There are also various articles on different sectors like Kotak Mahindra Bank, Hindustan Unilever, Tata Consultancy Services , Tata Power Company, Dixon Technologies, Bandhan Bank, HDFC Bank etc.