Aegis Logistics

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• DebtHigh safetyRated AA by 2 agencies.
• ResultsGrowingIn the Jun 2026 quarter, sales rose 37% and profit rose 211% from a year earlier.
• DilutionNo new sharesNo new shares issued in the last year, so existing shareholders' slices were not cut.
• PromotersSteadyThe promoters (founders or parent) own 58% of the company, about the same as in Jun 2025.
• ValuationNormal for this stockThe share trades at 31.2 times its yearly earnings (P/E), cheaper than 52% of the time in the last 5 years. Its usual P/E is about 28.

Exchange filings and their impact on the company.

• 26 Oct 2026Outcome of Board MeetingHigh impactVery positivePrice −7.1% on 27 Oct
  Strong H1 with 14% revenue growth and doubling of profit signals 50%+ earnings uplift for next 12 months.

  Aegis Logistics reported Q2 FY27 consolidated revenue of Rs 2,213 crore and profit before tax of Rs 420 crore, up 35% from last year, with net profit of Rs 321 crore. For the first half, revenue grew 14% to Rs 4,570 crore and net profit more than doubled to Rs 865 crore. The strong growth came from higher volumes and margins in the gas terminal business, pointing to a much higher full-year profit than last year's Rs 1,107 crore.

  Full analysisFiling
• 16 Oct 2026Investor PresentationHigh impactPositivePrice −3.1% that day
  Oct-26 deck reaffirms $809mn Tristar buy for Q4 FY27 close plus ammonia commissioning and large LPG/liquid expansion pipeline.

  Aegis Logistics released its October 2026 corporate presentation detailing FY26 normalized EBITDA of Rs 1,599 crore and PAT of Rs 1,107 crore on 5.2 MMT LPG logistics volume. It reaffirmed the definitive agreement to buy about 89.8% of Dubai-based Tristar for $809 million, expected to close in Q4 FY27, and highlighted the August 2026 commissioning of India's first independent 36,000 MT ammonia terminal at Pipavav. The deck also outlines upcoming 129k MT LPG and 0.5 million KL liquid storage plus the Project GATI growth plan across greenfield, brownfield, M&A and new energy.

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• 15 Oct 2026General UpdatesLow impactPositivePrice −3.1% on 16 Oct
  Aegis commissioned a small 35,000 MT p.a. LPG bottling plant at JNPA, marking progress on its J2 terminal project.

  Aegis Logistics has commissioned a specialised LPG bottling plant of 35,000 MT per annum at Jawaharlal Nehru Port from October 15, 2026. The plant is part of its J2 greenfield terminal project being developed under the framework agreement with Aegis Vopak Terminals. The company said the project will subsequently be transferred to Aegis Vopak Terminals. The capacity is small relative to Aegis scale, so near-term earnings impact is limited.

  Full analysisFiling
• 13 Oct 2026Outcome of Board MeetingHigh impactVery positivePrice +7% on 14 Oct
  Aegis to buy 89.8% of Dubai-based Tristar for $809mn, adding $1.4bn revenue and $257mn EBITDA scale.

  Aegis Logistics board on October 13, 2026 approved acquisition of 89.8% of Dubai-based Tristar Holdings via its Singapore step-down subsidiary for $809mn cash. Tristar is an integrated liquid logistics player in 30+ countries with CY25 revenue of $1.4bn, EBITDA of $257mn and net profit of $82mn. The deal, subject to competition approvals, is expected to close in Q4 FY27 and immediately add scale and profitability to Aegis.

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Results dates and other board meetings. Full calendar

Compounded yearly rates over each period.

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Raj Kapurchand Chandaria

Chairman of the Board, Managing Director, Executive Director

Sudhir Omprakash Malhotra

Chief Executive Officer

Murad M. Moledina

Chief Financial Officer

Rajiv Chohan

President - Business Development

Keshav Shenoy

President - Strategic Planning

Sneha Parab

Compliance Officer, Company Secretary

Haripal S. Mann

Vice President - LPG Retail Business