AEGISVOPAKBSEAegis Vopak Terminals LtdMediumNeutral
Announced Thu, 28 May · 19:05 IST

Intimation for Key Performance Indicators ("KPI") of the Company for quarter and financial year ended March 31, 2026 is attached.

Business Updates View source PDF

AEGISVOPAK · price

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Price reaction · full curve 14 horizons · vs prior close
-6.9%1-day move
₹206.45
prior close
₹207.53
base price
After-mkt
timing
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-1.8-2.7-3.5-4.6-6.9-5.3-6.7-7.4-8.4-6.7+15.2+12.6
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AI summary

Aegis Vopak Terminals disclosed its KPIs for Q4 FY2026 and full year FY2026. Revenue from operations grew 16.96% YoY to ₹9,230.78 million, driven by acquisitions of Hindustan Aegis (LPG) Limited and Aegis Terminal Pipavav Limited. Operating EBITDA improved to ₹6,864.53 million with margin expanding to 74.37% from 72.84%. PAT surged 52.1% to ₹3,419.21 million, with PAT margin rising sharply to 35.60% from 27.39%. The Gas Terminal Division saw significant expansion with capacity increasing from 95,800 MT to 2,25,800 MT due to acquisitions. However, leverage increased notably with Net Debt rising to ₹18,107.43 million and Net Debt to Operating EBITDA ratio worsening to 2.64x from 3.06x (still elevated).

Likely market impact

Strong operational performance with margin expansion and PAT growth is positive for shareholders, but the high leverage and declining return ratios (RoE fell from 15.05% to 7.74%) due to acquisition debt warrant caution on near-term stock re-rating.