Aegis Logistics Reports Q1 Revenue Growth Amid Margin Pressure
Aegis Logistics posted a 7.37% YoY revenue growth to Rs 171,941.00 lakh in Q1, with net profit rising 10.94% to Rs 17,536.00 lakh. However, EBITDA declined to Rs 22,000.00 lakh, with margins compressing to 12.80%. The Gas Terminal Division drove revenue growth, while the Liquid Terminal Division showed modest improvement. The company declared a 200% interim dividend of Rs 2.00 per share.

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Aegis Logistics Limited , a leading player in India's oil, gas, and chemical logistics sector, has reported a mixed set of financial results for the first quarter. The company saw an increase in revenue but faced pressure on its profitability margins.
Revenue Growth
Aegis Logistics reported a consolidated revenue of Rs 171,941.00 lakh for Q1, up from Rs 160,134.00 lakh in the same quarter of the previous year, marking a 7.37% year-on-year growth. This increase in revenue indicates the company's ability to expand its business operations despite challenging market conditions.
Profit Remains Stable
The company's consolidated net profit for Q1 stood at Rs 17,536.00 lakh, showing a marginal increase from Rs 15,806.00 lakh in the corresponding quarter of the previous year. This represents a modest growth of about 10.94% in net profit.
EBITDA and Margin Pressure
Aegis Logistics experienced some pressure on its profitability margins during the quarter. The company's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) declined to Rs 22,000.00 lakh from Rs 23,000.00 lakh in the same period last year. Consequently, the EBITDA margin compressed to 12.80% from 14.51% year-over-year, indicating increased operational costs or pricing pressures in the market.
Segment Performance
The company's financial results reveal a diverse performance across its business segments:
Liquid Terminal Division: This segment reported revenue of Rs 14,393.00 lakh, showing modest growth from Rs 14,274.00 lakh in the same quarter last year.
Gas Terminal Division: The division emerged as the primary revenue driver, generating Rs 157,548.00 lakh, up from Rs 145,860.00 lakh in Q1 of the previous fiscal year.
Other Financial Highlights
- Other income for the quarter increased to Rs 6,253.00 lakh from Rs 4,353.00 lakh in the corresponding quarter of the previous year.
- The company's finance costs saw a slight increase to Rs 3,283.00 lakh from Rs 3,134.00 lakh year-over-year.
- Earnings per share (EPS) for the quarter stood at Rs 3.74, compared to Rs 3.75 in the same period last year.
Dividend Announcement
Aegis Logistics declared an interim dividend of 200%, amounting to Rs 2.00 per share (face value Rs 1.00 each). The record date for this dividend was set as June 25.
Conclusion
Aegis Logistics' Q1 results present a picture of revenue growth coupled with margin pressures. While the company has successfully increased its top line, the challenge ahead lies in improving operational efficiency to boost profitability. The management's focus on both the liquid and gas terminal divisions, along with the shareholder-friendly dividend policy, indicates a balanced approach to growth and stakeholder returns.
Historical Stock Returns for Aegis Logistics
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
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-1.19% | +0.81% | -5.62% | -10.90% | -2.48% | +1.04% |