Aegis Logistics Limited · NSE:AEGISLOG
Aegis Logistics — Q2 FY2025 Earnings Presentation
34 slides from Aegis Logistics's earnings presentation, October 2024
Slide 1: Investor Presentation Q2 FY2025
Investor Presentation Q2 FY2025 AEGIS LOGISTICS LTD. October 2024
Slide 2: Safe Harbour
Safe Harbour This presentation and the accompanying slides (the “Presentation”), which have been prepared by Aegis Logistics Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any secu
Slide 3: Vision Mission
Vision Mission To support India’s transition towards To store and distribute bulk liquids and a more sustainable future. gases in a safe, sustainable manner. INVESTOR PRESENTATION: Q2 FY2025 3
Slide 4: Aegis at a Glance
Aegis at a Glance Liquid Division Gas Division Third Party Liquid Logistics (3PL) Third Party Gas Logistics (3PL) EPC Services Gas Distribution Gas Sourcing INVESTOR PRESENTATION: Q2 FY2025 4
Slide 5: H1FY25 Highlights
H1FY25 Highlights INVESTOR PRESENTATION: Q2 FY2025
Slide 6: H1FY25: Robust Profit Growth
H1FY25: Robust Profit Growth Highest-ever consolidated H1 EBITDA Achieved the highest-ever H1 Liquid EBITDA Achieved the highest-ever H1 Gas EBITDA DRIVEN BY Highest-ever H1 Logistics volumes INVESTOR PRESENTATION: Q2 FY2025 6
Slide 7: Q2FY25: Performance at glance
Q2FY25: Performance at glance LIQUIDS DIVISION Normalized EBITDA PAT Recorded Highest ever Revenues and EBITDA in Q2 Rs. 237 Cr. Rs. 152 Cr. New capacity from acquisitions, volume and revenue +3% GROWTH +1% GROWTH growth, and capacity expansion GAS DIVISION Gas Division EBITDA Liquid Division EBITDA
Slide 8: Liquids: Strong Growth
Liquids: Strong Growth Revenue EBIDTA* 130 117 +11% 93 Highest 80 +16% ever Q2 Highest revenue ever Q2 EBITDA Rs. In Cr. Rs. In Cr. Q2FY24 Q2FY25 Q2FY24 Q2FY25 273 +18% 201 232 Highest +27% ever H1 158 Highest revenue ever H1 EBITDA H1 FY24 H1 FY25 H1 FY24 H1 FY25 INVESTOR PRESENTATION: Q2 FY2025 *N
Slide 9: LPG: Volume Performance
LPG: Volume Performance Logistics Distribution Sourcing 1064 131 129 194 1020 174 +4% -1% +11% Highest Q2 Volume Q2FY24 Q2FY25 Q2FY24 Q2FY25 Q2FY24 Q2FY25 ‘000 MT ‘000 MT ‘000 MT 2077 290 400 1901 258 +9% -11% -21% Highest H1 318 Volume H1 FY24 H1 FY25 H1 FY24 H1 FY25 H1 FY24 H1 FY25 INVESTOR PRESEN
Slide 10: Consolidated Balance Sheet
Consolidated Balance Sheet Assets (Rs. In Cr.) Sep-24 Mar-24 Equities & Liabilities (Rs. In Cr.) Sep-24 Mar-24 Non-Current Assets Equity Property, Plant and Equipment 4,725 4,123 Equity Share Capital 35 35 1,057 697 Other Equity 4,087 3,859 Capital Work in Progress Equity Attributable to Owners 4,12
Slide 11: H1FY25 - Consolidated Profit Statement
H1FY25 - Consolidated Profit Statement Rs. in Cr. H1FY25 H1FY24 YoY% Revenue 3,352 3,335 0% Cost of Sales 2,721 2,762 Others 143 130 Normalised EBITDA (Segment)* 487 443 10% Finance, Hedging & Forex-related Expenses (Net) -11 2 Depreciation 74 67 Unallocated Expenses 21 12 Profit Before Tax 404 362
Slide 12: Q2FY25 - Consolidated Profit Statement
Q2FY25 - Consolidated Profit Statement Rs. in Cr. Q2FY25 Q2FY24 Y-o-Y % Revenue 1,750 1235 42% Cost of Sales 1,441 937 Others 72 67 Normalised EBITDA (Segment)* 237 231 3% Finance, Hedging & Forex-related Expenses (Net) -6 -4 Depreciation 37 34 Unallocated Expenses 10 9 Profit Before Tax 196 192 2%
Slide 13: Cash Flow
Cash Flow Rs. In Cr. Sep-24 Sep-23 Profit Before Tax 404 362 Operating Profit Before Working Capital Changes 462 416 Net Cash Inflow from Operating Activities (A) 159 212 Net Cash Inflow/(Outflow) from Investing Activities (B) -584 -150 Net Cash Outflow from Financing Activities (C) 803 154 Net Incr
Slide 14: FY24 Highlights
FY24 Highlights INVESTOR PRESENTATION: Q2 FY2025
Slide 15: FY24: Performance at glance
FY24: Performance at glance LIQUIDS DIVISION Normalized EBITDA PAT Recorded Highest ever Revenues and EBITDA in FY24 Rs. 1008 Cr. Rs. 672 Cr. New capacity from acquisitions, volume and +32% GROWTH +25% GROWTH revenue growth, and capacity expansion GAS DIVISION Gas Division EBITDA Liquid Division EBI
Slide 16: FY24: Robust Profit Growth
FY24: Robust Profit Growth Normalized EBITDA crossed a new milestone of Rs. 1000 Cr Highest-ever EBITDA for Gas & Liquids Highest-ever PBT Highest-ever PAT DRIVEN BY Highest-ever LPG distribution volumes Highest-ever Logistics volumes Highest-ever Liquids revenue INVESTOR PRESENTATION: Q2 FY2025 16
Slide 17: Liquid Division
Business Performance Liquid Division INVESTOR PRESENTATION: Q2 FY2025 17
Slide 18: Liquids: Continued Growth
Liquids: Continued Growth Revenue EBIDTA* 549 396 418 Rs. In Cr. 272 Rs. In Cr. 270 195 234 173 208 137 FY20 FY21 FY22 FY23 FY24 FY20 FY21 FY22 FY23 FY24 *Normalized EBITDA: before Forex, hedging-related expenses INVESTOR PRESENTATION: Q2 FY2025 18
Slide 19: Gas Division
Business Performance Gas Division INVESTOR PRESENTATION: Q2 FY2025 19
Slide 20: LPG Terminalling Capacity
LPG Terminalling Capacity Static Throughput 119 9600 ‘000 MT ‘000 MT FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY18 FY19 FY20 FY21 FY22 FY23 FY24 *Normalized EBITDA: before Forex, hedging-related expenses INVESTOR PRESENTATION: Q2 FY2025 20
Slide 21: LPG Distribution Drives Volume Growth
LPG Distribution Drives Volume Growth 560 494 13% YoY ‘000 MT 165 160 115 FY20 FY21 FY22 FY23 FY24 INVESTOR PRESENTATION: Q2 FY2025 21
Slide 22: Record Gas Division EBITDA
Record Gas Division EBITDA* 612 532 500 423 390 400 362 300 *Normalized EBITDA: before Forex, hedging-related expenses 200 FY20 FY21 FY22 FY23 FY24 INVESTOR PRESENTATION: Q2 FY2025 22
Slide 23: Strategy
Strategy INVESTOR PRESENTATION: Q2 FY2025
Slide 24: Necklace of Terminals
Necklace of Terminals Build, own, and operate India’s leading network of tank terminals and distribution facilities, incorporating the highest safety and environmental standards. Liquid Terminals Gas Terminals Kandla Kandla Pipavav Haldia Pipavav Mumbai Mumbai Mangalore Under construction JNPT Kochi
Slide 25: LPG Distribution System
LPG Distribution System We have a national network of LPG terminals and cylinder filling plants serving these segments. Autogas Commercial Domestic Industrial 142 stations over 10 states Expansion into a national Tier 1, 2 & 3 urban cities with Serving industrial clusters with dispensing autogas, pe
Slide 26: Diverse Business Relationships
Diverse Business Relationships The brand names mentioned are the property of their respective owners and are used here for identification purpose only INVESTOR PRESENTATION: Q2 FY2025 26
Slide 27: Integrated LPG Supply Chain
Integrated LPG Supply Chain Our integrated logistics services include sourcing, storing, moving, and distributing products. LPG Strategic Port Storage Pipelines & Rail Autogas, Commercial & Sourcing Location Terminals Connectivity Industrial Distribution LPG Sourcing JV with Key gateway ports: Mumba
Slide 28: Project GATI: Gateway Access to India
Project GATI: Gateway Access to India 01 02 03 04 05 Greenfield Brownfield Mergers & New Big Ticket Projects Expansion Expansion Acquisitions Energy INVESTOR PRESENTATION: Q2 FY2025 28
Slide 29: Key Financial Data
Key Financial Data INVESTOR PRESENTATION: Q2 FY2025
Slide 30: FY24 - Consolidated Profit Statement
FY24 - Consolidated Profit Statement Rs. in Cr. FY24 FY23 YoY% Revenue 7046 8627 -18% Cost of Sales 5769 7581 Others 269 242 Normalised EBITDA (Segment)* 1008 804 25% Finance, Hedging & Forex-related Expenses (Net) -3 45 Depreciation 133 124 Unallocated Expenses 17 -9 Profit Before Tax 861 645 34% T
Slide 31: Consolidated Balance Sheet
Consolidated Balance Sheet Equities & Liabilities (Rs. In Cr.) FY24 FY23 Assets (Rs. In Cr.) FY24 FY23 Non-Current Assets Equity Property, Plant and Equipment 4,123 3,645 Equity Share Capital 35 35 Capital Work in Progress 697 412 Other Equity 3,859 3,497 Equity Attributable to Owners 3,894 3,532 Ot
Slide 32: Consolidated Cash Flow
Consolidated Cash Flow Rs. In Cr. FY24 FY23 Profit Before Tax 861 645 Operating Profit Before Working Capital Changes 955 682 Net Cash Inflow from Operating Activities (A) 656 358 Net Cash Inflow/(Outflow) from Investing Activities (B) (712) (931) Net Cash Outflow from Financing Activities (C) 256 1
Slide 33: Dividend Growth
Dividend Growth 9.00 8.00 6.5 7.00 6.00 Rs. per Share 5.00 4.00 3.00 2.00 1.00 0.00 FY19 FY20 FY21 FY22 FY23 FY24 INVESTOR PRESENTATION: Q2 FY2025 *Declared 1st Interim Dividend for FY 2024-25 of Rs. 1.25 per share 33
Slide 34: Thank You
Thank You Aegis Logistics Limited Orient Capital Orient Capital CIN: L63090GJ1956PLC001032 Ms. Payal Dave Mr. Irfan Raeen Mr. Murad Moledina, CFO +91 9819916314 +91 9773778669 murad@aegisindia.com Payal.Dave@linkintime.co.in irfan.raeen@linkintime.co.in INVESTOR PRESENTATION: Q2 FY2025 34