Aegis Vopak Terminals Limited (AEGISVOPAK) — Financial Results
Investor Takeaways
Overall Tone: Positive
Key Financial Highlights
| Metric | Value | YoY Change |
|---|---|---|
| Revenue | ₹923.1 Cr | 17% |
| Net Profit | ₹341.9 Cr | 52.1% |
| EBITDA | Not available | N/A |
| EPS | ₹0.62 (Q4FY26) | — |
| OPM | 73.6% (Q4FY26) | — |
What Changed
Aegis Vopak Terminals reported FY26 revenue of ₹923.1 crores, reflecting a 17% year-on-year increase. Net profit rose sharply by 52.1% to ₹341.9 crores, driven by terminaling growth and new long-term contracts. The company announced a $5 billion capital expenditure plan through 2030, including commissioning of a new LPG terminal at Jawaharlal Nehru Port Authority (JNPA) next month with full capacity targeted by October 2026, and ammonia expansion through partnerships with Hindustan Zinc and Itochu. The balance sheet remains strong, supported by INR1,690 crores in non-convertible debenture (NCD) issuances. Quarterly performance shows consistent growth across revenue, profit, and operating profit margin, with Q4FY26 achieving a high OPM of 73.6%. The company’s forward-looking investments align with infrastructure demand in the oil and gas sector, signaling strategic positioning for long-term growth.
Peer Comparison
| Company | P/E | ROE | ROCE | Market Cap (₹ Cr) |
|---|---|---|---|---|
| AEGISVOPAK | 102.45 | 10.65% | 8.62% | 21,907.21 |
| Reliance Industries | 21.73 | 9.87% | 11.18% | 1,808,488.47 |
| ONGC | 9.93 | 11.04% | 14.13% | 376,590.66 |
| Coal India | 9.54 | 30.13% | 37.18% | 284,841.30 |
AEGISVOPAK trades at a significantly higher P/E multiple compared to peers, reflecting market expectations around growth. Its ROE and ROCE are moderate relative to peers, particularly lower than Coal India and ONGC. However, the company operates in a specialized terminaling segment with capital-intensive infrastructure, which may justify higher valuation multiples.
Risks & Concerns
Quarterly Trend
| Quarter | Revenue (₹ Cr) | Net Profit (₹ Cr) | OPM% |
|---|---|---|---|
| Q4FY26 | 243.45 | 73.87 | 73.6% |
| Q3FY26 | 197.49 | 61.51 | 73.88% |
| Q2FY26 | 187.63 | 53.94 | 73.26% |
| Q1FY26 | 164.01 | 47.72 | 73.11% |
About Aegis Vopak Terminals Limited (AEGISVOPAK)
Oil Gas & Consumable Fuels · Oil · Listed on NSE
Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.