BSE:500003

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Aegis Logistics

Executive Summary

Aegis Logistics Limited, together with its subsidiaries, operates as an oil, gas, and chemical logistics company in the downstream oil and gas sector in India.


Snowflake Analysis

Flawless balance sheet with high growth potential and pays a dividend.

Share Price & News

How has Aegis Logistics's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 500003's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-6.2%

500003

1.1%

IN Oil and Gas

1.3%

IN Market


1 Year Return

-17.1%

500003

5.8%

IN Oil and Gas

-8.7%

IN Market

Return vs Industry: 500003 underperformed the Indian Oil and Gas industry which returned 5.5% over the past year.

Return vs Market: 500003 underperformed the Indian Market which returned -9% over the past year.


Shareholder returns

500003IndustryMarket
7 Day-6.2%1.1%1.3%
30 Day-4.8%9.8%6.6%
90 Day32.4%47.3%30.2%
1 Year-16.6%-17.1%10.3%5.8%-7.0%-8.7%
3 Year-6.7%-8.2%42.4%27.3%1.7%-3.0%
5 Year115.6%109.4%80.2%47.6%27.6%17.9%

Price Volatility Vs. Market

How volatile is Aegis Logistics's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Aegis Logistics undervalued compared to its fair value and its price relative to the market?

6.8%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 500003 (₹173.3) is trading below our estimate of fair value (₹185.93)

Significantly Below Fair Value: 500003 is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: 500003 is poor value based on its PE Ratio (58.9x) compared to the Oil and Gas industry average (14.4x).

PE vs Market: 500003 is poor value based on its PE Ratio (58.9x) compared to the Indian market (12.4x).


Price to Earnings Growth Ratio

PEG Ratio: 500003 is poor value based on its PEG Ratio (1.1x)


Price to Book Ratio

PB vs Industry: 500003 is overvalued based on its PB Ratio (3.6x) compared to the IN Oil and Gas industry average (1x).


Next Steps

Future Growth

How is Aegis Logistics forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

53.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 500003's forecast earnings growth (53.2% per year) is above the savings rate (7.2%).

Earnings vs Market: 500003's earnings (53.2% per year) are forecast to grow faster than the Indian market (18.8% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 500003's revenue (11.1% per year) is forecast to grow faster than the Indian market (7.2% per year).

High Growth Revenue: 500003's revenue (11.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 500003's Return on Equity is forecast to be high in 3 years time (20.9%)


Next Steps

Past Performance

How has Aegis Logistics performed over the past 5 years?

10.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 500003 has high quality earnings.

Growing Profit Margin: 500003's current net profit margins (1.4%) are lower than last year (3.9%).


Past Earnings Growth Analysis

Earnings Trend: 500003's earnings have grown by 10.8% per year over the past 5 years.

Accelerating Growth: 500003's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 500003 had negative earnings growth (-55%) over the past year, making it difficult to compare to the Oil and Gas industry average (-22%).


Return on Equity

High ROE: 500003's Return on Equity (7.7%) is considered low.


Next Steps

Financial Health

How is Aegis Logistics's financial position?


Financial Position Analysis

Short Term Liabilities: 500003's short term assets (₹9.0B) exceed its short term liabilities (₹7.6B).

Long Term Liabilities: 500003's short term assets (₹9.0B) exceed its long term liabilities (₹4.1B).


Debt to Equity History and Analysis

Debt Level: 500003's debt to equity ratio (12.4%) is considered satisfactory.

Reducing Debt: 500003's debt to equity ratio has reduced from 48.1% to 12.4% over the past 5 years.

Debt Coverage: 500003's debt is well covered by operating cash flow (67.9%).

Interest Coverage: 500003's interest payments on its debt are well covered by EBIT (6.3x coverage).


Balance Sheet


Next Steps

Dividend

What is Aegis Logistics's current dividend yield, its reliability and sustainability?

0.98%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 500003's dividend (0.98%) is higher than the bottom 25% of dividend payers in the Indian market (0.69%).

High Dividend: 500003's dividend (0.98%) is low compared to the top 25% of dividend payers in the Indian market (2.86%).


Stability and Growth of Payments

Stable Dividend: 500003's dividend payments have been volatile in the past 10 years.

Growing Dividend: 500003's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (57.8%), 500003's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: 500003's dividends in 3 years are forecast to be well covered by earnings (16.8% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

7.3yrs

Average management tenure


CEO

Raj Chandaria (60yo)

no data

Tenure

Mr. Raj K. Chandaria serves as the Chairman at Sea Lord Containers Ltd and has been its Non-Executive Non-Independent Director since March 27, 2008. Mr. Chandaria has been the Managing Director of Aegis Lo ...


CEO Compensation Analysis

Compensation vs Market: Raj's total compensation ($USD0.00) is below average for companies of similar size in the Indian market ($USD380.82K).

Compensation vs Earnings: Raj's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Raj Chandaria
Chairman & MDno datano datano data
Anish Chandaria
Vice Chairman2.83yrsno datano data
Sudhir Malhotra
Group President & COOno datano data1.62% 956.3m
Murad Moledina
Chief Financial Officer6.17yrsno data0.000050% 29.4k
Monica Gandhi
Company Secretary7.42yrsno data0.00018% 106.0k
Rajiv Chohan
President of Business Developmentno datano datano data
Kamlakar Sawant
President of Projectsno datano datano data
Keshav Shenoy
President of Strategic Planningno datano datano data

7.3yrs

Average Tenure

Experienced Management: 500003's management team is seasoned and experienced (7.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Raj Chandaria
Chairman & MDno datano datano data
Anish Chandaria
Vice Chairman2.83yrsno datano data
Raj Singh
Non-Executive & Non-Independent Director4.33yrs₹121.50kno data
Kanwaljit Nagpal
Non-Executive Independent Director17.5yrs₹485.50k0.000030% 17.7k
Anil Kumar Chandaria
Non-Executive & Non-Independent Director38.5yrs₹35.00kno data
Rahul Asthana
Non-Executive Independent Director6.17yrs₹70.00kno data
Jaideep Khimasia
Independent Director3.17yrs₹127.50kno data
Tanvir Koreishi
Additional Independent Director2.33yrs₹70.00kno data
Lars Johansson
Additional Non-Executive Independent Director0.67yrno datano data

3.2yrs

Average Tenure

60yo

Average Age

Experienced Board: 500003's board of directors are considered experienced (3.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Aegis Logistics Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Aegis Logistics Limited
  • Ticker: 500003
  • Exchange: BSE
  • Founded: 1956
  • Industry: Oil and Gas Storage and Transportation
  • Sector: Energy
  • Market Cap: ₹58.864b
  • Shares outstanding: 339.67m
  • Website: https://www.aegisindia.com

Number of Employees


Location

  • Aegis Logistics Limited
  • 1202, Tower B
  • 12th Floor, Peninsula Business Park
  • Mumbai
  • Maharashtra
  • 400013
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AEGISLOGNSEI (National Stock Exchange of India)INR1ININRNo data
500003BSE (Mumbai Stock Exchange)INR1ININRNo data
500003BSE (Mumbai Stock Exchange)YesEquity SharesININRApr 1996
AEGISCHEMNSEI (National Stock Exchange of India)YesEquity SharesININRApr 1996

Biography

Aegis Logistics Limited, together with its subsidiaries, operates as an oil, gas, and chemical logistics company in the downstream oil and gas sector in India. It operates in two segments, Liquid Terminal Division and Gas Terminal Division. The company operates a network of bulk liquid handling terminals, liquefied petroleum gas (LPG) terminals, filling plants, pipelines, and gas stations to deliver products and services. It owns and operates a network of shore based tank farm installations for the receipt and handling of bulk liquids, including hazardous chemicals, petroleum products, and petrochemicals. The company also engages in the sourcing, shipping, and distribution of LPG and propane; offers supply chain management services from product planning, sourcing, and shipping to receipt, storage, and despatch by pipeline and tankers to the point of consumption; delivers pressurized and refrigerated cargoes to various ports on the coastline of India; markets LPG and propane in bulk to industrial clients; and offers clean energy solutions to companies for their various processes and applications. In addition, it provides engineering, procurement, and construction services in the oil and gas sector. Further, the company provides refueling services to ship owners and charterers. It serves industrial companies, as well as individual retail customers at its Aegis Autogas stations. The company also operates in Singapore. Aegis Logistics Limited was incorporated in 1956 and is based in Mumbai, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/04 12:37
End of Day Share Price2020/07/03 00:00
Earnings2020/03/31
Annual Earnings2020/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.