Aegis Logistics profit rises 41% to INR1,107 crores in FY26
Aegis Logistics reported a 41% YoY increase in PAT to INR1,107 crores for FY26, driven by record LPG segment performance. Revenue grew 23% to INR8,333 crores, while normalized EBITDA rose 36% to INR1,599 crores. Q4 revenue surged 52% to INR2,594 crores. The company commissioned new terminals at Pipavav and Mangalore, and acquired a stake in Hindustan Aegis LPG Limited. Cash and investments stood at INR5,939 crores, with a capex pipeline of $5 billion through 2030.

*this image is generated using AI for illustrative purposes only.
Aegis Logistics reported a 41% year-on-year increase in profit after tax to INR1,107 crores for the financial year ended March 31, 2026. Revenue from operations grew 23% to INR8,333 crores, while normalized EBITDA rose 36% to INR1,599 crores. The company’s Board has recommended a final dividend of INR6.70 per share, taking the total dividend for FY26 to INR8.70 per share.
Financial Performance
The strong annual performance was driven by the LPG segment, which recorded its highest ever revenue of INR7,689 crores, up 26% year-on-year. EBITDA for the LPG business grew 68% to INR1,131 crores, fueled by record logistics and distribution volumes. The Liquid business reported revenue of INR644 crores, remaining stable year-on-year, with EBITDA of INR472 crores.
| Metric | FY26 | YoY Change |
|---|---|---|
| Revenue from Operations | INR8,333 crores | +23% |
| Normalized EBITDA | INR1,599 crores | +36% |
| Profit After Tax | INR1,107 crores | +41% |
The fourth quarter was the company's strongest ever, with revenue rising 52% year-on-year to INR2,594 crores. Normalized EBITDA grew 54% to INR670 crores, and profit after tax increased 43% to INR455 crores.
Operational Updates
The company commissioned a 48,000 metric ton cryogenic LPG terminal at Pipavav in June 2025 and an 82,000 metric ton cryogenic LPG terminal at Mangalore in the same month. At Haldia, Aegis acquired a 75% stake in Hindustan Aegis LPG Limited, adding approximately 25,000 metric tons of LPG storage and marking its entry into the East Coast market. The asset is anchored by an exclusive terminaling agreement with Hindustan Petroleum through 2038.
Capital Allocation and Expansion
Cash and investments reached INR5,939 crores in FY26. The company expects cumulative capex to reach approximately $1.2 billion by March 2027, with a further pipeline of approximately $5 billion through 2030. Aegis has signed a nonbinding memorandum of understanding to participate in the development of Vadhavan port with a potential investment of approximately INR20,000 crores. Additionally, Itochu Corporation has acquired a 10% stake in Aegis Terminal Pipavav Limited, with an intention to increase this to 25% over the next three years.
Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE208C01025/c6c5c69639884b22.pdf
Historical Stock Returns for Aegis Logistics
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.26% | +16.20% | +72.77% | +82.52% | +77.77% | +274.35% |
How will Aegis Logistics fund the projected $5 billion capex pipeline through 2030 given current cash levels?
What impact will the Vadhavan port development have on Aegis's market share and competitive positioning?
How will the strategic partnership with Itochu Corporation influence Aegis's operational efficiency and future expansion plans?































