Slides
Page 1
Investor Presentation Q4 FY2025 June 2025 AEGIS LOGISTICS LTD.
Page 2
INVESTOR PRESENTATION: Q4 FY2025 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 securities, and shall not form the basis or be relied on in connection with any contract or binding commitment whatsoever. No offering of securities of the Company will be made except by means of a statutory offering document containing detailed information about the Company. This Presentation has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this Presentation. This Presentation may not be all inclusive and may not contain all of the information that you may consider material. Any liability in respect of the contents of, or any omission from, this Presentation is expressly excluded. Certain matters discussed in this Presentation may contain statements regarding the Company’s market opportunity and business prospects that are individually and collectively forward-looking statements. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and assumptions that are difficult to predict. These risks and uncertainties include, but are not limited to, the performance of the Indian economy and of the economies of various international markets, the performance of the industry in India and world-wide, competition, the company’s ability to successfully implement its strategy, the Company's future levels of growth and expansion, technological implementation, changes and advancements, changes in revenue, income or cashflows, the Company's market preferences and its exposure to market risks, as well as other risks. The Company's actual results, levels of activity, performance or achievements could differ materially and adversely from results expressed in or implied by this Presentation. The Company assumes no obligation to update any forward- looking information contained in this Presentation. Any forward-looking statements and projections made by third parties included in this Presentation are not adopted by the Company and the Company is not responsible for such third-party statements and projections. All Maps used in the presentation are not to scale. All data, information, and maps are provided "as is" without warranty or any representation of accuracy, timeliness or completeness. Safe Harbour 2
Page 3
INVESTOR PRESENTATION: Q4 FY2025 Vision To support India’s transition towards a more sustainable future. Mission To store and distribute bulk liquids and gases in a safe, sustainable manner. 3
Page 4
INVESTOR PRESENTATION: Q4 FY2025 4 Third Party Gas Logistics (3PL) Gas Distribution Gas Sourcing Third Party Liquid Logistics (3PL) EPC Services Liquid Division Gas Division Aegis at a Glance
Page 5
INVESTOR PRESENTATION: Q4 FY2025 Q4 & FY25 Highlights
Page 6
INVESTOR PRESENTATION: Q4 FY2025 6 FY25: Robust Profit Growth Normalized EBITDA crossed a new milestone of Rs. 1100 Cr Highest-ever EBITDA for Gas & Liquids Highest-ever PBT Highest-ever PAT Highest-ever Logistics volumes Highest-ever Liquids revenue DRIVEN BY
Page 7
INVESTOR PRESENTATION: Q4 FY2025 7 Q4FY25: Performance at glance LIQUIDS DIVISION GAS DIVISION Recorded Highest ever Revenues and EBITDA in Q4 Full commissioning of JNPA liquid storage terminal Full commissioning of Mangalore Liquid storage terminal Record Logistics Volumes in Q4 Normalized EBITDA Rs. 434 Cr. +30% GROWTH PAT Rs. 318 Cr. +34% GROWTH Liquid Division EBITDA Rs. 232 Cr. +28% GROWTH Gas Division EBITDA Rs. 203 Cr. +33% GROWTH KEY HIGHLIGHTS Successful listing of Aegis Vopak Terminal Limited(AVTL) Started Ammonia storage terminal development at Pipavav for the capacity of 36k MT
Page 8
INVESTOR PRESENTATION: Q4 FY2025 *Normalized EBITDA: before Forex, hedging-related expenses Liquids: Strong Growth Revenue EBIDTA* 8 193 242 Q4FY24 Q4FY25 153 203 Q4FY24 Q4FY25 Rs. In Cr. Rs. In Cr. 549 650 FY24 FY25 396 498 FY24 FY25 +25% +33% +18% +26% Highest Ever Highest Ever Highest Ever Highest Ever
Page 9
INVESTOR PRESENTATION: Q4 FY2025 LPG: Continued Volume Growth Logistics Distribution 9 1107 1225 Q4FY24 Q4FY25 126 136 Q4FY24 Q4FY25 Sourcing 220 139 Q4FY24 Q4FY25 ‘000 MT ‘000 MT ‘000 MT +08% +11% Highest Q4 Volume -37% 4105 4523 FY24 FY25 560 521 FY24 FY25 798 597 FY24 FY25 -07% +10% Highest FY25 Volume -25%
Page 10
INVESTOR PRESENTATION: Q4 FY2025 Rs. in Cr. Q4FY25 Q4FY24 Y-o-Y % Revenue 1705 1837 -7% Cost of Sales 1193 1435 Others 78 69 Normalised EBITDA (Segment)* 434 334 30% Finance, Hedging & Forex-related Expenses (Net) -6 -3 Depreciation 40 33 Unallocated Expenses 19 -3 Profit Before Tax 381 307 24% Tax 63 70 Profit After Tax 318 237 34% EPS 8.02 5.59 *Normalised EBITDA – Before Forex, Hedging-Related Expenses Q4FY25 - Consolidated Profit Statement 10
Page 11
INVESTOR PRESENTATION: Q4 FY2025 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% Tax 201 189 Profit After Tax 788 672 17% EPS 18.90 16.22 *Normalised EBITDA – Before Forex, Hedging-Related Expenses FY25 - Consolidated Profit Statement 11
Page 12
INVESTOR PRESENTATION: Q4 FY2025 Consolidated Balance Sheet Assets (Rs. In Cr.) FY25 FY24 Non-Current Assets Property, Plant and Equipment 5,070 4,123 Capital Work in Progress 1,308 697 Other Intangible Assets 1 1 Goodwill 15 15 Financial Assets Investments – Loan 45 – Other Financial Assets 22 19 Current Tax Assets (Net) 38 31 Deferred Tax Assets (Net) 238 227 Other Non-Current Asset 193 109 Total Non-Current Assets 6,930 5,223 Current Assets Inventories 185 64 Financial Assets Investments 0 194 Trade Receivables 693 513 Cash and Cash Equivalents 1,411 1,032 Bank Balance Other Than Above 1,780 742 Other Financial Assets 96 156 Other Current Assets 138 148 Total Current Assets 4,303 2,850 Total Assets 11,233 8,073 12 Equities & Liabilities (Rs. In Cr.) FY25 FY24 Equity Equity Share Capital 35 35 Other Equity 4,596 3,859 Equity Attributable to Owners 4,631 3,894 Non-Controlling Interest 1.091 568 Total Equity 5,722 4,462 Liabilities Non-Current Liabilities Financial Liabilities Borrowings 2,353 1,432 Lease Liabilities 1,586 919 Other Financial Liabilities 59 56 Provisions 17 15 Deferred Tax Liabilities (Net) 153 144 Other Non-Current liabilities 1 2 Total Non-Current Liabilities 4,169 2,568 Current Liabilities Financial Liabilities Borrowings 531 231 Lease Liabilities 136 83 Trade Payables 444 435 Other Financial Liabilities 97 198 Other Current Liabilities 70 69 Provisions 12 10 Current Tax Liabilities (Net) 52 17 Total Current Liabilities 1,342 1,043 Total Equities & Liabilities 11,233 8,073
Page 13
INVESTOR PRESENTATION: Q4 FY2025 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) 1,283 256 Net Increase/(Decrease) in Cash and Cash Equivalents (A+B+C) 378 200 Cash and Cash Equivalents at the Beginning of Year 1,032 833 Cash and Cash Equivalents at the End of Year 1,410 1,032 Consolidated Cash Flow 13
Page 14
INVESTOR PRESENTATION: Q4 FY2025 FY25 Operational Highlights
Page 15
INVESTOR PRESENTATION: Q4 FY2025 • 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 at Mangalore • General Corporate Purpose ▪ Largest Capex implementation in LPG by Aegis completed ▪ Foothold into second port of Mumbai JNPT port with full commissioning of 101,900 KL Liquids Terminal ▪ Connection to LPG pipelines grids secured and progressing well for Pipavav & Kandla terminals ▪ Kandla, Mangalore and Kochi Liquids expansion completed ▪ Started Ammonia storage terminal development at Pipavav for the capacity of 36k MT ▪ Additional land allotted in Kandla, JNPA and Mangalore 15 FY25: Key Events Listed on exchanges on 02nd Jun’25
Page 16
INVESTOR PRESENTATION: Q4 FY2025 Liquid Division Business Performance 16
Page 17
INVESTOR PRESENTATION: Q4 FY2025 *Normalized EBITDA: before Forex, hedging-related expenses Liquids: Continued Growth Revenue EBIDTA* 17 234 270 418 549 650 FY21 FY22 FY23 FY24 FY25 Rs. In Cr. 173 195 272 396 498 FY21 FY22 FY23 FY24 FY25 Rs. In Cr.
Page 18
INVESTOR PRESENTATION: Q4 FY2025 Gas Division Business Performance 18
Page 19
INVESTOR PRESENTATION: Q4 FY2025 *Normalized EBITDA: before Forex, hedging-related expenses LPG Terminalling Capacity Static Throughput 19 119 FY19 FY20 FY21 FY22 FY23 FY24 FY25 9600 FY19 FY20 FY21 FY22 FY23 FY24 FY25 ‘000 MT ‘000 MT
Page 20
INVESTOR PRESENTATION: Q4 FY2025 20 LPG Distribution Drives Volume Growth 165 115 160 494 560 521 FY20 FY21 FY22 FY23 FY24 FY25 -07% YoY ‘000 MT
Page 21
INVESTOR PRESENTATION: Q4 FY2025 Record Gas Division EBITDA* 21 423 362 390 532 612 675 FY20 FY21 FY22 FY23 FY24 FY25 600 500 400 300 200 *Normalized EBITDA: before Forex, hedging-related expenses
Page 22
INVESTOR PRESENTATION: Q4 FY2025 Strategy
Page 23
INVESTOR PRESENTATION: Q4 FY2025 23 Pipavav Mumbai Haldia Kandla Mangalore Kochi Liquid Terminals Gas Terminals Kandla Pipavav Mumbai Mangalore Kochi - Haldia JNPT - Build, own, and operate India’s leading network of tank terminals and distribution facilities, incorporating the highest safety and environmental standards. Necklace of Terminals JNPT
Page 24
INVESTOR PRESENTATION: Q4 FY2025 Autogas 142 stations over 10 states dispensing autogas, petrol, and diesel, growing to a planned 200 stations over 20 states LPG Distribution System Commercial Expansion into a national distribution network for hotels, restaurants, and industry under Aegis Puregas & Magna brands Domestic Tier 1, 2 & 3 urban cities with distributors and POS under Aegis Chota Cikander 2kg, 4kg, 12kg & 19kg products, supplied from a network of LPG bottling plants Industrial Serving industrial clusters with reliable supply from our four LPG terminals We have a national network of LPG terminals and cylinder filling plants serving these segments. 24
Page 25
INVESTOR PRESENTATION: Q4 FY2025 The brand names mentioned are the property of their respective owners and are used here for identification purpose only Diverse Business Relationships 25
Page 26
INVESTOR PRESENTATION: Q4 FY2025 Our integrated logistics services include sourcing, storing, moving, and distributing products. LPG Sourcing LPG Sourcing JV with Itochu in Singapore Strategic Port Location Key gateway ports: Mumbai, Haldia, Pipavav, and Kandla Storage Terminals Refrigerated gas terminal in Mumbai, Haldia and Kandla, and pressurised gas terminal in Pipavav Pipelines & Rail Connectivity Pipelines, road, and rail connectivity Autogas, Commercial & Industrial Distribution Network of 142 Autogas stations in 10 states, and 290 LPG distributors across 140 cities in 15 states 26 Integrated LPG Supply Chain
Page 27
INVESTOR PRESENTATION: Q4 FY2025 27 Project GATI: Gateway Access to India 01 Greenfield Expansion 02 Brownfield Expansion 03 Mergers & Acquisitions 04 New Energy 05 Big Ticket Projects
Page 28
INVESTOR PRESENTATION: Q4 FY2025 Dividend Growth 28 0.00 1.00 2.00 3.00 4.00 5.00 6.00 7.00 8.00 9.00 FY19 FY20 FY21 FY22 FY23 FY24 FY25 7.25 Rs. per Share *Declared 1st Interim Dividend for FY 2025-26 of Rs. 2.00 per share
Page 29
INVESTOR PRESENTATION: Q4 FY2025 Aegis Logistics Limited CIN: L63090GJ1956PLC001032 Mr. Murad Moledina, CFO murad@aegisindia.com 29 MUFG Intime India Private Limited (A part of MUFG Corporate Markets, a division of MUFG Pension & Market Services) Ms. Payal Dave +91 9819916314 Payal.dave@in.mpms.mufg.com Mr. Irfan Raeen +91 9773778669 irfan.raeen@in.mpms.mufg.com Thank You