Earnings Call/Transcript
Aegis Vopak Terminals Q2 FY27 Earnings Transcript
Aegis Vopak Terminals filed the transcript of its Q2 FY27 earnings call held on November 3, 2026.
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Aegis Vopak Terminals Ltd (AEGISVOPAK) is currently trading at 253.00 per share. Stock prices fluctuate during market hours on NSE and BSE based on demand, company updates, and overall market conditions. Refer to the live price chart above for the most recent price movement.
Aegis Vopak Terminals Limited operates storage and terminalling facilities for LPG, chemicals and liquid products across major Indian ports including JNPA, Haldia, Kandla, Pipavav, Kochi and Mangalore. Its business combines coastal import infrastructure, static storage, cryogenic handling and evacuation connectivity through pipelines, rail, bottling facilities and road logistics. The company delivered exceptionally strong first-half FY27 performance, with revenue increasing 14.6% year-on-year to INR505 crores and EBITDA rising 19.2% to INR392 crores. EBITDA margin expanded to 77.7% from 74.7%, demonstrating strong operating leverage despite geopolitical disruptions and higher financing and tax costs affecting reported profit. Aegis Vopak Terminals Limited is expanding beyond its existing base through a large, multi-year investment program. JNPA alone includes approximately INR1,675 crores of planned investment for additional liquid and LPG capacity, while Kandla, Kochi and Mumbai are also receiving material capacity additions aimed at serving growing regional energy demand. The company’s competitive advantage is based on network scale rather than individual terminals. Large storage assets, VLGC handling, pipelines, rail loading and bottling infrastructure enable lower freight and demurrage costs, allow larger vessels to discharge efficiently and provide customers with multiple evacuation options across western, northern and eastern India. The strategic direction is increasingly diversified, with LPG remaining the anchor while liquid chemicals and ammonia-related logistics provide new growth avenues. Management expects rising Indian energy consumption, cleaner-fuel substitution and industrial demand to support long-term throughput, while maintaining conservative leverage targeted at no more than 0.6 times gearing.
Over the past 52 weeks, Aegis Vopak Terminals Ltd has traded between a low of ₹158.80 and a high of ₹321.35. The 52-week high and low indicate the stock’s price range over the last year and help investors understand its volatility and recent trading levels.
Aegis Vopak Terminals Ltd has a market capitalization of approximately 28,275.94. Market capitalization represents the total value of a company’s outstanding shares and helps investors understand its size, stability, and relative risk compared to other listed companies.
Aegis Vopak Terminals Ltd’s investment profile depends on its business fundamentals, valuation, and long-term outlook. The stock currently trades at a PE ratio of 93.88 and operates in the its sector sector. Investors typically assess financial performance, growth prospects, and individual risk tolerance before making investment decisions.
Based on its market capitalization of 28,275.94 Cr, Aegis Vopak Terminals Ltd is classified as a Small Cap stock. Large-cap stocks are generally more stable, while mid-cap and small-cap stocks tend to offer higher growth potential along with higher price volatility.
Aegis Vopak Terminals Ltd operates in the its sector sector. Sector classification matters because companies in the same sector are often affected by similar economic conditions, regulatory changes, and competitive dynamics, which can influence overall stock performance.
The Price-to-Earnings (PE) ratio of Aegis Vopak Terminals Ltd is 93.88. The PE ratio compares a company’s share price to its earnings and is commonly used to assess valuation. Comparing the PE ratio with sector peers and historical levels provides better context.
Aegis said it delivered an LPG distribution margin of around Rs 7,000 a tonne in Q2 FY27. Management said that level persisted after supply conditions returned to normal.
Aegis Vopak plans approximately Rs 52,500 crore of aggregate capital expenditure through FY31. Management said the spending will cover traditional energy infrastructure and the energy-transition value chain, without disclosing a yearly capex breakdown.
Aegis said take-or-pay revenue will start later in FY27. Management did not disclose the specific commencement date, annual contract value or contracted volume during the November 3, 2026 call.
AVTL plans 318,000 cubic metres of additional liquid storage and approximately 77,286 tonnes of LPG storage at JNPA. Management estimated the greenfield investment at about Rs 1,675 crore during the November 3, 2026 earnings call.

Oil
Oil Storage & Transportation
28,276 Cr
High Risk
93.9
7.0
1.8
7.9
321.35
158.80
Sales CAGR
Profit CAGR
ROE
ROCE
