Aegis Logistics Limited · NSE:AEGISLOG
Aegis Logistics — Q3 FY2025 Earnings Presentation
33 slides from Aegis Logistics's earnings presentation, Feb 13, 2025
Slide 1: Exchange filing cover letter
February 13, 2025 To, The Secretary, Capital Market Operations Market Operations Department, The National Stock Exchange of India Ltd. The BSE Ltd. Exchange Plaza, 5th Fl., Plot No. C/1, Phiroze Jeejeebhoy Towers, G Block, Bandra-Kurla Complex, Dalal Street, Fort, Bandra (E), MUMBAI – 400 001. MUMBA
Slide 2: Investor Presentation Q3 FY2025
Investor Presentation Q3 FY2025 AEGIS LOGISTICS LTD. February 2025
Slide 3: 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 4: 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: Q3 FY2025 3
Slide 5: 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: Q3 FY2025 4
Slide 6: 9MFY25 Highlights
9MFY25 Highlights INVESTOR PRESENTATION: Q3 FY2025
Slide 7: 9MFY25: Robust Business Performance
9MFY25: Robust Business Performance Highest-ever consolidated 9M EBITDA Achieved the highest-ever 9M Liquid EBITDA Achieved the highest-ever 9M Gas EBITDA DRIVEN BY Highest ever Gas logistics Volumes INVESTOR PRESENTATION: Q3 FY2025 6
Slide 8: Q3FY25: Performance at glance
Q3FY25: Performance at glance KEY HIGHLIGHTS Additional Port Leased Land Acquired in JNPA 30 acres (AVTL) & Kandla 7 acres (CRL AVTL subsidiary) Normalized EBITDA PAT DRHP filed by AVTL for IPO Rs. 252 Cr. Rs. 160 Cr. +9% GROWTH +5% GROWTH LIQUIDS DIVISION Recorded Highest ever Revenues and EBITDA i
Slide 9: Liquids: Strong Growth
Liquids: Strong Growth Revenue EBIDTA* 135 124 95 +9% Highest 85 +11% ever Q3 Highest revenue ever Q3 EBITDA Rs. In Cr. Rs. In Cr. Q3FY24 Q3FY25 Q3FY24 Q3FY25 408 356 +15% 295 Highest +21% ever 9M 243 Highest revenue ever 9M EBITDA 9M FY24 9M FY25 9M FY24 9M FY25 INVESTOR PRESENTATION: Q3 FY2025 *No
Slide 10: LPG: Volume Performance
LPG: Volume Performance Logistics Distribution Sourcing 1221 144 179 1097 127 +11% -12% -21% Highest Q3 140 Volume Q3FY24 Q3FY25 Q3FY24 Q3FY25 Q3FY24 Q3FY25 ‘000 MT ‘000 MT ‘000 MT 3297 433 578 2998 385 +10% -11% -9% Highest 9M 458 Volume 9M FY24 9M FY25 9M FY24 9M FY25 9M FY24 9M FY25 INVESTOR PRES
Slide 11: 9MFY25 - Consolidated Profit Statement
9MFY25 - Consolidated Profit Statement Rs. in Cr. 9MFY25 9MFY24 YoY% Revenue 5,059 5,209 -3% Cost of Sales 4,104 4,334 Others 220 200 Normalised EBITDA (Segment)* 735 675 9% Finance, Hedging & Forex-related Expenses (Net) -17 -1 Depreciation 110 102 Unallocated Expenses 34 20 Profit Before Tax 608 5
Slide 12: Q3FY25 - Consolidated Profit Statement
Q3FY25 - Consolidated Profit Statement Rs. in Cr. Q3FY25 Q3FY24 YoY% Revenue 1,707 1,873 -9% Cost of Sales 1,383 1,572 Others 72 70 Normalised EBITDA (Segment)* 252 232 9% Finance, Hedging & Forex-related Expenses (Net) -3 -3 Depreciation 37 34 Unallocated Expenses 13 9 Profit Before Tax 205 192 7%
Slide 13: FY24 Highlights
FY24 Highlights INVESTOR PRESENTATION: Q3 FY2025
Slide 14: 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 15: 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: Q3 FY2025 14
Slide 16: Liquid Division
Business Performance Liquid Division INVESTOR PRESENTATION: Q3 FY2025 15
Slide 17: 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: Q3 FY2025 16
Slide 18: Gas Division
Business Performance Gas Division INVESTOR PRESENTATION: Q3 FY2025 17
Slide 19: 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: Q3 FY2025 18
Slide 20: 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: Q3 FY2025 19
Slide 21: 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: Q3 FY2025 20
Slide 22: Strategy
Strategy INVESTOR PRESENTATION: Q3 FY2025
Slide 23: 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 24: 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 25: 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: Q3 FY2025 24
Slide 26: 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 27: 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: Q3 FY2025 26
Slide 28: Key Financial Data
Key Financial Data INVESTOR PRESENTATION: Q3 FY2025
Slide 29: 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 30: 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 31: 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 32: 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: Q3 FY2025 *Declared 1st Interim Dividend for FY 2024-25 of Rs. 1.25 per share 31
Slide 33: 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: Q3 FY2025 32