Aegis Logistics Limited · NSE:AEGISLOG

Aegis Logistics — Q1 FY2016 Earnings Presentation

22 slides from Aegis Logistics's earnings presentation, August 2015

1. Slide 1: Aegis Logistics Limited

   Aegis Logistics Limited August 2015

2. 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

3. Slide 3: Record Quarterly Performance

   Record Quarterly Performance 53 Cr Normalized 36 Cr 29 Cr PBT PAT* EBITDA 41% Growth YoY 72% Growth YoY 54% Growth YoY * Excluding Minority 3

4. Slide 4: ...with Improved Operational Efficiency

   ...with Improved Operational Efficiency Normalized EBITDA (Rs Crs) Profit After Tax (Rs Crs)* 180 89 Q4 52 Q4 24 Q3 19 Q3 45 Q2 27 29 Q2 45 53 +41% +54% Q1 38 Q1 19 FY2015 FY2016 FY2015 FY2016 * Capital Gains on Divestment in Aegis Group International Pte. Ltd (AGI) 4

5. Slide 5: Multiple Gears for Future Growth ...

   Multiple Gears for Future Growth ... Haldia Expansion Mumbai Port - Jetty  Current Capacity fully utilized  New Jetty already commissioned for non  Greenfield expansion of 25,000 KL petroleum products  Petroleum Products expected soon Kandla Expansion  Greenfield Expansion of Distribution Netwo

6. Slide 6: ...Capacity Expansion in Liquid Division

   ...Capacity Expansion in Liquid Division 629 01 Kandla Built up of Capacities (‘000s KL)  Expansion – 100,000 KL 100 Existing Expansion 02 Haldia  Expansion – 25,000 KL 120  Existing – 60,190 85 03 Mumbai 60 25  Existing – 273,000 KL 273 51 04 Pipavav  Existing – 120,120 05 Cochin  Existing –

7. Slide 7: Greenfield Liquid Terminal Expansion at Kandla Port

   ...Greenfield Liquid Terminal Expansion at Kandla Port Jammu & Kashmir Chandigarh Himachal Pradesh PunjabUttaranchal Haryana Delhi Arunachal Kandla Rajasthan Uttar Sikkam Pradesh AssamNagaland Pradesh Bihar Meghalaya Manipur Jharkhand Gujarat Madhya Pradesh West TripuraMizoram Chattishgarh Bengal Di

8. Slide 8: Greenfield Liquid Terminal Expansion at Haldia Port

   ...Greenfield Liquid Terminal Expansion at Haldia Port Jammu & Kashmir Chandigarh Himachal Pradesh PunjabUttaranchal Haryana Delhi Arunachal Pradesh Uttar Sikkam Rajasthan Pradesh AssamNagaland Bihar Meghalaya Manipur Gujarat Madhya Pradesh Jharkhand TripuraMizoram West Bengal Chattishgarh Diu Oriss

9. Slide 9: Our Presence is at Major Ports that handles ~60% POL Traffic

   Our Presence is at Major Ports that handles ~60 % POL Traffic Kandla, 29% J.N.P.T. , 2% Kolkata, 0% Haldia, 3% Mumbai, 19% Paradip, 10% Visakhapatnam, 8% Mormugao, 0% Ennore, 2% New Mangalore, 12% Chennai, 7% Cochin, 7% V.O.Chidambaranar, 0% Source : Indian Port Association data as on March 2015 9

10. Slide 10: Current Capacity in Gas Division

    Current Capacity in Gas Division Built up of Capacities Existing 8,100 28,100 01 Mumbai Expansion  Existing Static Capacity – 20,000 MT 5,400  Existing Throughput Capacity – 500,000 MT 2,700 20,000 02 Pipavav  Expansion Static Capacity – 2700 MT  Expansion Throughput Capacity – 100,000 MT  Exis

11. Slide 11: Our Strategy: Building a Necklace of Port Terminals

    Our Strategy : Building a Necklace of Port Terminals Existing Capacity Liquid Trombay - Mumbai 198,000 KL Ambapada - Mumbai 75,000 KL Entry in New Port Willingdon Island- Kochi 51,000 KL Chiranjibpur – Haldia 60,190 KL Pipavav - Gujarat 120,120 KL Gas Kandla Trombay - Mumbai 20,000 MT Haldia Pipavav

12. Slide 12: Our Liquid Division continues to Grow

    Our Liquid Division continues to Grow Liquid Logistics (3PL) O&M Services Shipping Terminalling O&M Facilities Segment Activity Revenue Stream Storage and Throughput Fees, Handling & Value Liquid Logistics Terminalling Addition Service Charges O&M Services Operations & Maintenance O&M Fees 12

13. Slide 13: Liquid Division Performance

    Liquid Division Performance Revenue (Rs. Crs.) Normalized EBITDA (Rs. Crs.) * +45% +52% 48 33.4 45 40 26.7 34 23.1 23.3 31 17.6 Q1FY15 Q2FY15 Q3FY15 Q4FY15 Q1FY16 Q1FY15 Q2FY15 Q3FY15 Q4FY15 Q1FY16 * - Normalized EBITDA – Before Forex, Hedging Related Expenses 13

14. Slide 14: Our Gas Division captures Complete LPG Value Chain

    Our Gas Division captures Complete LPG Value Chain Gas Distribution Gas Logistics (3PL) AND/OR Gas Sourcing Sourcing Fees Industrial Sourcing Shipping Terminalling Auto Gas Segment Activity Revenue Stream Gas Sourcing Sourcing & Shipping Sourcing Commission Throughput Fees, Handling & Value Gas Logi

15. Slide 15: Gas Division Performance

    Gas Division Performance Revenue (Rs. Crs.) Normalized EBITDA (Rs. Crs.) * +31% -23% 1,457 26.7 23.7 22.3 20.4 18.6 919 911 706 476 Q1FY15 Q2FY15 Q3FY15 Q4FY15 Q1FY16 Q1FY15 Q2FY15 Q3FY15 Q4FY15 Q1FY16 * - Normalized EBITDA – Before Forex, Hedging Related Expenses 15

16. Slide 16: LPG Volume Break-up

    LPG Volume Break-up Distribution (‘000 MT) Logistics (‘000 MT) +20% +50% 12 200 197 11 11 10 10 163 132 131 Q1FY15 Q2FY15 Q3FY15 Q4FY15 Q1FY16 Q1FY15 Q2FY15 Q3FY15 Q4FY15 Q1FY16 16

17. Slide 17: JV with ITOCHU will help us Grow Faster

    JV with ITOCHU will help us Grow Faster 40% 60% Gas Distribution Gas Logistics (3PL) AND/OR Gas Sourcing Sourcing Fees Industrial Sourcing Shipping Terminalling Auto Gas Sourcing, Shipping & Cost Optimization Commercial Creating ‘Leading LPG Sourcing Player in India’ through Vertical Integration Str

18. Slide 18: Our Gas Distribution Network

    Our Gas Distribution Network B2C  Auto Gas Retailing: Distribute LPG as Auto Fuel through Gas Station Network  102 Auto Gas Stations across 7 States B2B  Bulk Industrial Distribution: Distribute LPG through road tankers to Auto, Steel, Ceramic Industries etc  Commercial LPG: Distribute Packed Cy

19. Slide 19: Consolidated Profitability Statement

    Consolidated Profitability Statement Rs Crs Q1FY16 Q1FY15 Y-o-Y % Q4FY15 Q-o-Q% FY15 Revenue 751 949 -21% 520 44% 3,916 Cost of Sales 670 890 445 3,635 Others 28 21 23 99 Normalized EBITDA (Segment) * 53 38 41% 52 3% 182 Finance, Hedging & Forex related Expenses (Net) 4 6 6 19 Depreciation 5 5 5 22

20. Slide 20: Consolidated Balance Sheet

    Consolidated Balance Sheet Rs. Crs Mar-15 Mar-14 Rs. Crs Mar-15 Mar-14 Shareholder’s Fund 427 349 Non-Current Assets 558 552 ShareCapital 33 33 Fixed Assets * 488 462 Reserves & Surplus 394 316 Non-Current Investments 3 10 Minority Interest 26 13 Other Non-Current Assets 67 80 Non-Current Liabilitie

21. Slide 21: Dividend Track Record

    Dividend Track Record Dividend 37% 34% 40% 29% 24% Payout 31.0 18.3 14.9 10.1 7.5 5.9 5.3 4.0 4.0 2.0 FY 2011 FY 2012 FY 2013 FY 2014 FY 2015 DPS EPS 21

22. Slide 22: For further information, please contact:

    For further information, please contact: Company : Investor Relations Advisors : Aegis Logistics Limited Strategic Growth Advisors Pvt. Ltd. CIN: L63090GJ1956PLC001032 CIN: U74140MH2010PTC204285 Mr. Murad Moledina, CFO Ms. Payal Dave / Mr. Jigar Kavaiya murad@aegisindia.com dpayal@sgapl.net / kjigar

Aegis Logistics — Q1 FY2016 Earnings Presentation on 6ix