Slide 1: Investor Presentation Q3 FY2026
Investor Presentation Q3 FY2026 AEGIS LOGISTICS LTD. January 2026
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: Q3 FY2026 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: Q3 FY2026 4
Slide 5: 9M & Q3 FY26 Highlights
9M & Q3 FY26 Highlights INVESTOR PRESENTATION: Q3 FY2026
Slide 6: 9MFY26: Performance at glance
9MFY26: Performance at glance KEY HIGHLIGHTS LIQUIDS DIVISION Normalized EBITDA PAT Recorded Highest ever 9M Revenues Rs. 929 Cr. Rs. 652 Cr. Delivered Highest ever 9M EBITDA +26% GROWTH +39% GROWTH GAS DIVISION Gas Division EBITDA Liquid Division EBITDA Recorded Highest ever 9M EBITDA Rs. 582 Cr. R
Slide 7: Liquids Performance: Highest 9M Revenue & EBITDA
Liquids Performance: Highest 9M Revenue & EBITDA Revenue EBIDTA* +13% 346 +17% 460 Highest Highest Ever Ever 408 For 9M 295 For 9M +23% p.a. +25% p.a. 356 243 Rs. In Cr. Rs. In Cr. 302 201 198 141 9MFY22 9MFY23 9MFY24 9MFY25 9MFY26 9MFY22 9MFY23 9MFY24 9MFY25 9MFY26 INVESTOR PRESENTATION: Q3 FY2026
Slide 8: LPG: Record 9M Logistics & Distribution Volume
LPG: Record 9M Logistics & Distribution Volume Logistics Distribution EBIDTA* +91% +379% 582 +31% 3929 520 Highest Highest Highest Ever Ever Ever +20% p.a. For 9M For 9M For 9M 2058 431 442 109 ‘000 MT Rs. In Cr. 386 9MFY22 9MFY26 9MFY22 9MFY26 279 Sourcing +67% 478 285 9MFY22 9MFY23 9MFY24 9MFY25 9
Slide 9: Q3FY26: Performance at glance
Q3FY26: Performance at glance KEY HIGHLIGHTS Addition of 61,000 KL Liquids Capacity at Mumbai Port under progress, commissioning expected in Q1 FY27 Normalized EBITDA PAT First phase of the new liquid capacity at JNPA is Rs. 326 Cr. Rs. 233 Cr. expected to be commissioned in Q1 FY27 +29% GROWTH +46%
Slide 10: Liquids Performance: Highest Q3 Revenue & EBITDA
Liquids Performance: Highest Q3 Revenue & EBITDA Revenue EBIDTA* 161 124 +19% +31% 135 95 Rs. In Cr. Rs. In Cr. Q3FY25 Q3FY26 Q3FY25 Q3FY26 INVESTOR PRESENTATION: Q3 FY2026 *Normalized EBITDA: before Forex, hedging-related expenses 10
Slide 11: LPG: Record Q3 Logistics Volume Drives Profitability
LPG: Record Q3 Logistics Volume Drives Profitability Logistics Distribution Sourcing 1361 183 151 Highest Highest Ever Ever 140 1221 +11% For Q3 +44% For Q3 +7% 127 ‘000 MT ‘000 MT ‘000 MT Q3FY25 Q3FY26 Q3FY25 Q3FY26 Q3FY25 Q3FY26 INVESTOR PRESENTATION: Q3 FY2026 11
Slide 12: Q3FY26 - Consolidated Profit Statement
Q3FY26 - Consolidated Profit Statement Rs. in Cr. Q3 FY26 Q3 FY25 Y-o-Y % Revenue 1,725 1,707 1% Cost of Sales 1,327 1,383 Others 72 72 Normalised EBITDA (Segment)* 326 252 29% Finance, Hedging & Forex-related Expenses (Net) -33 -3 Depreciation 52 37 Unallocated Expenses 7 13 Profit Before Tax 299 2
Slide 13: 9MFY26 - Consolidated Profit Statement
9MFY26 - Consolidated Profit Statement Rs. in Cr. 9M FY26 9M FY25 Y-o-Y % Revenue 5,739 5,059 13% Cost of Sales 4,612 4,104 Others 198 220 Normalised EBITDA (Segment)* 929 735 26% Finance, Hedging & Forex-related Expenses (Net) -78 -17 Depreciation 145 110 Unallocated Expenses 25 34 Profit Before Ta
Slide 14: FY25 Highlights
FY25 Highlights INVESTOR PRESENTATION: Q3 FY2026
Slide 15: FY25: Key Events
FY25: Key Events Listed on exchanges on 02nd Jun’25 • Successfully listing of AVTL and Bank borrowing fully paid in AVTL Objects of the Issue: Proceeds of Rs. 2,800 crores to • Repayment of bank borrowings • Funding capital expenditure towards the contracted acquisition of the cryogenic LPG terminal
Slide 16: Liquids: Strong Growth
Liquids: Strong Growth 650 498 Highest Highest Ever +18% Ever +26% 549 396 Rs. In Cr. Rs. In Cr. FY24 FY25 FY24 FY25 INVESTOR PRESENTATION: Q3 FY2026 *Normalized EBITDA: before Forex, hedging-related expenses 16
Slide 17: LPG: Continued Logistics Volume Growth
LPG: Continued Logistics Volume Growth Logistics Distribution Sourcing 4523 560 798 +10% 521 4105 Highest FY25 Volume -07% -25% 597 ‘000 MT ‘000 MT ‘000 MT FY24 FY25 FY24 FY25 FY24 FY25 INVESTOR PRESENTATION: Q3 FY2026 17
Slide 18: Liquid Division
Business Performance Liquid Division INVESTOR PRESENTATION: Q3 FY2026 18
Slide 19: Liquids: Continued Growth
Liquids: Continued Growth Revenue EBIDTA* 650 498 549 396 Rs. In Cr. Rs. In Cr. 418 272 270 195 234 173 FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24 FY25 *Normalized EBITDA: before Forex, hedging-related expenses INVESTOR PRESENTATION: Q3 FY2026 19
Slide 20: Gas Division
Business Performance Gas Division INVESTOR PRESENTATION: Q3 FY2026 20
Slide 21: LPG Terminalling Capacity
LPG Terminalling Capacity Static Throughput 119 9600 ‘000 MT ‘000 MT FY19 FY20 FY21 FY22 FY23 FY24 FY25 FY19 FY20 FY21 FY22 FY23 FY24 FY25 *Normalized EBITDA: before Forex, hedging-related expenses INVESTOR PRESENTATION: Q3 FY2026 21
Slide 22: LPG Distribution Volume Trend
LPG Distribution Volume Trend 560 521 494 ‘000 MT 165 160 115 FY20 FY21 FY22 FY23 FY24 FY25 INVESTOR PRESENTATION: Q3 FY2026 22
Slide 23: Record Gas Division EBITDA
Record Gas Division EBITDA* 675 612 600 532 500 423 390 400 362 300 *Normalized EBITDA: before Forex, hedging-related expenses 200 FY20 FY21 FY22 FY23 FY24 FY25 INVESTOR PRESENTATION: Q3 FY2026 23
Slide 24: Strategy
Strategy INVESTOR PRESENTATION: Q3 FY2026
Slide 25: 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 JNPT Kochi - Haldia Mangalo
Slide 26: Our Tank Storage Infrastructure
Our Tank Storage Infrastructure We are the only 3rd party terminal to Largest LPG Terminal Operator in India Jammu & Kashmir have Railway connectivity for LPG evacuation Aegis owns, operates and builds terminals for open Himachal markets, providing tailored solutions to bridge gaps in Pradesh Punjab
Slide 27: Our LPG Distribution Network
Our LPG Distribution Network We are rapidly expanding the footprint of LPG products and services across major Indian Jammu & cities through our wide range of Domestic, Commercial, Industrial cylinders, Transport Kashmir Fuel Stations, Bottling Plants and other services. Himachal Pradesh Punjab Uttar
Slide 28: 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 FY2026 28
Slide 29: 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 30: 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 FY2026 30
Slide 31: Annexure
Annexure INVESTOR PRESENTATION: Q3 FY2026 31
Slide 32: FY25 - Consolidated Profit Statement
FY25 - Consolidated Profit Statement Rs. in Cr. FY25 FY24 YoY% Revenue 6764 7046 -4% Cost of Sales 5297 5769 Others 294 269 Normalised EBITDA (Segment)* 1173 1008 16% Finance, Hedging & Forex-related Expenses (Net) -20 -3 Depreciation 150 133 Unallocated Expenses 53 17 Profit Before Tax 989 861 15%
Slide 33: Consolidated Balance Sheet
Consolidated Balance Sheet Equities & Liabilities (Rs. In Cr.) FY25 FY24 Assets (Rs. In Cr.) FY25 FY24 Non-Current Assets Equity Property, Plant and Equipment 5,070 4,123 Equity Share Capital 35 35 Capital Work in Progress 1,308 697 Other Equity 4,596 3,859 Equity Attributable to Owners 4,631 3,894
Slide 34: Consolidated Cash Flow
Consolidated Cash Flow Rs. In Cr. FY25 FY24 Profit Before Tax 989 861 Operating Profit Before Working Capital Changes 1,107 955 Net Cash Inflow from Operating Activities (A) 558 656 Net Cash Inflow/(Outflow) from Investing Activities (B) -1,463 -712 Net Cash Outflow from Financing Activities (C) 1,2
Slide 35: Dividend Growth
Dividend Growth 9.00 8.00 7.25 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 FY25 INVESTOR PRESENTATION: Q3 FY2026 *Declared 1st Interim Dividend for FY 2025-26 of Rs. 2.00 per share 35
Slide 36: Thank You
Thank You MUFG Intime India Private Limited Aegis Logistics Limited (A part of MUFG Corporate Markets, a division of MUFG Pension & Market Services) CIN: L63090GJ1956PLC001032 Mr. Murad Moledina, CFO Ms. Payal Dave Mr. Irfan Raeen murad@aegisindia.com +91 9819916314 +91 9773778669 Payal.dave@in.mpms