Aegis Logistics Ltd. News and Updates

Name: Latest research reports of Aegis Logistics Ltd. authored by Motilal Oswal and published by - Trendlyne research reports.
Item: Aegis Logistics Ltd.
Rating: 5
Author: Motilal Oswal

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Aegis Logistics Ltd.

31 May 2018

813.05

-0.53%

Happy mcgarrybowen adds to Gurugram creative team

Business Line

Happy mcgarrybowen, the creative idea shop from Dentsu Aegis Network, has appointed Vimal Singh as Senior Creative Director and Varun Khullar as Crea

Aegis Logistics Ltd. has gained 35.83% in the last 1 Year

Aegis Logistics Ltd.

31 May 2018

813.05

-0.53%

EBITDA below estimate; Haldia ramp-up on track

Buy: Aegis Logistics Ltd.

Target

Motilal Oswal

While logistics volumes grew 25% YoY (declined 11% QoQ) to 484kmt, sourcing volumes grew 4% YoY (declined 7% QoQ) to 285kmt and distribution volumes grew 35% YoY (2% QoQ) to 21kmt. Logistics volume growth should remain strong led by the ramp-up of Haldia and Pipavav terminals. While Mumbai, Kochi and Haldia are operating at full capacity, Pipavav is operating at ~25% utilization. Profitability during the quarter was impacted because of shift in product mix. Kandla and Mangalore terminals are expected to start operations in 1QFY19 and 2QFY19, respectively. For FY18, EBITDA grew 29% to INR2.7b and PAT grew 64% to INR1.98b. Gas division EBITDA grew 32% to INR2b and Liquids division EBITDA grew 13% to INR1b. Management has recommended a final dividend of INR0.75/share, in addition to an interim dividend of INR0.5/share. We believe AGIS is a key beneficiary of Indias rising LPG consumption.

Number of FII/FPI investors increased from 177 to 187 in Mar 2025 qtr.

Aegis Logistics Ltd.

22 Mar 2018

813.05

-0.53%

Reshaping school education

Business Line

Do you want to reshape school education? Begin by changing the shape of the report card, Dentsu Webchutney seems to say. The digital arm of Dentsu Aegis Network

Number of FII/FPI investors increased from 177 to 187 in Mar 2025 qtr.

Aegis Logistics Ltd.

16 Mar 2018

813.05

-0.53%

StarTek to buy Aegis from PE company Capital Square Partners for $230 million

Economic Times

Under the terms of the deal, Capital Square Partners will own about 55% of the combined company and the existing StarTek shareholders will own about 45%.

Aegis Logistics Ltd. has gained 35.83% in the last 1 Year

Aegis to merge with US-based Startek, CSP to own 55% in the merged entity

Business Standard | 15 Mar 2018

Aegis Logistics Ltd.

13 Mar 2018

813.05

-0.53%

Isobar launches e-comm practice in India

Business Line

Isobar, part of the Dentsu Aegis Network, has launched an e-commerce practice in India. Last year, it had launched a global practice.We are combining the strengths of three agencies in the

Aegis Logistics Ltd. is trading above all available SMAs

Isobar launches e-comm practice in India

Business Line | 13 Mar 2018

Aegis Logistics Ltd.

07 Mar 2018

813.05

-0.53%

Aegis Logistics: (AGIS) is India 's leading oil, gas and chemical logistics company

Buy: Aegis Logistics Ltd.

Motilal Oswal

Given the various promising perspectives in AGIS' journey, we liken it to the Giant Kelp -one of the fastest growing organisms in the world and found in the waters of the Americas, South Africa, New Zealand and Southern Australia. The company's market cap has already grown ~25x over the last decade. However,we continue believing in AGIS' structural growth story with a clear focus and strong execution in a niche market. Thus, we see further upside potential led by its planned expansions. Over FY17-20, we expect AGIS to witness LPG throughput CAGR of 51%, much higher than India's estimated LPG import CAGR of 22%. Gas division EBITDA is expected to grow at 41% CAGR over FY17-20.

Number of FII/FPI investors increased from 177 to 187 in Mar 2025 qtr.

Aegis Logistics Ltd.

05 Mar 2018

813.05

-0.53%