BSE:500003

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

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 primarily in India. More Details


Snowflake Analysis

Exceptional growth potential with flawless balance sheet 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 is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: 500003's weekly volatility (7%) has been stable over the past year.


Market Performance


7 Day Return

9.8%

500003

-1.0%

IN Oil and Gas

0.3%

IN Market


1 Year Return

23.6%

500003

2.3%

IN Oil and Gas

7.0%

IN Market

Return vs Industry: 500003 exceeded the Indian Oil and Gas industry which returned 3.3% over the past year.

Return vs Market: 500003 exceeded the Indian Market which returned 8.9% over the past year.


Shareholder returns

500003IndustryMarket
7 Day9.8%-1.0%0.3%
30 Day10.2%-0.3%9.0%
90 Day9.5%-6.7%8.8%
1 Year24.6%23.6%6.1%2.3%8.9%7.0%
3 Year5.5%3.4%28.2%15.2%5.1%0.009%
5 Year132.2%124.8%110.7%73.3%51.8%40.4%

Long-Term 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?

47.8x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 500003 (₹237.75) is trading above our estimate of fair value (₹130.7)

Significantly Below Fair Value: 500003 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 500003 is poor value based on its PE Ratio (47.3x) compared to the IN Oil and Gas industry average (19.2x).

PE vs Market: 500003 is poor value based on its PE Ratio (47.3x) compared to the Indian market (17.2x).


Price to Earnings Growth Ratio

PEG Ratio: 500003 is poor value based on its PEG Ratio (1.2x)


Price to Book Ratio

PB vs Industry: 500003 is overvalued based on its PB Ratio (4.6x) 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?

40.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 500003's forecast earnings growth (40.6% per year) is above the savings rate (7.2%).

Earnings vs Market: 500003's earnings (40.6% per year) are forecast to grow faster than the Indian market (24.2% per year).

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

Revenue vs Market: 500003's revenue (29.4% per year) is forecast to grow faster than the Indian market (11.5% per year).

High Growth Revenue: 500003's revenue (29.4% per year) is forecast to grow faster 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 (21.7%)


Next Steps

Past Performance

How has Aegis Logistics performed over the past 5 years?

5.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 500003 has high quality earnings.

Growing Profit Margin: 500003's current net profit margins (3.6%) are higher than last year (2%).


Past Earnings Growth Analysis

Earnings Trend: 500003's earnings have grown by 5.8% per year over the past 5 years.

Accelerating Growth: 500003's earnings growth over the past year (25.3%) exceeds its 5-year average (5.8% per year).

Earnings vs Industry: 500003 earnings growth over the past year (25.3%) exceeded the Oil and Gas industry -27.5%.


Return on Equity

High ROE: 500003's Return on Equity (11.1%) 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 (₹8.0B) exceed its short term liabilities (₹6.2B).

Long Term Liabilities: 500003's short term assets (₹8.0B) exceed its long term liabilities (₹4.2B).


Debt to Equity History and Analysis

Debt Level: 500003 is debt free.

Reducing Debt: 500003 has no debt compared to 5 years ago when its debt to equity ratio was 32.9%.

Debt Coverage: 500003 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 500003 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

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

0.71%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 500003's dividend (0.72%) is higher than the bottom 25% of dividend payers in the Indian market (0.53%).

High Dividend: 500003's dividend (0.72%) is low compared to the top 25% of dividend payers in the Indian market (2.15%).


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 low payout ratio (23.9%), 500003's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: 500003's dividends in 3 years are forecast to be well covered by earnings (21.3% payout ratio).


Next Steps

Management

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

7.6yrs

Average management tenure


CEO

Raj Chandaria (60 yo)

no data

Tenure

Mr. Raj Kapurchand 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 ...


CEO Compensation Analysis

Compensation vs Market: Raj's total compensation ($USD0.00) is below average for companies of similar size in the Indian market ($USD383.56K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Raj Chandaria
Executive Chairman & MDno datano datano data
Anish Chandaria
Executive Vice Chairman3.17yrsno datano data
Sudhir Malhotra
Group President & COOno datano data3.05%
₹ 2.5b
Murad Moledina
Chief Financial Officer6.5yrsno data0.39%
₹ 317.0m
Monica Gandhi
Company Secretary7.75yrsno data0.00017%
₹ 139.6k
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

7.6yrs

Average Tenure

Experienced Management: 500003's management team is seasoned and experienced (7.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Raj Chandaria
Executive Chairman & MDno datano datano data
Anish Chandaria
Executive Vice Chairman3.17yrsno datano data
Raj Singh
Non-Executive & Non-Independent Director4.67yrs₹96.00kno data
Kanwaljit Sudarshan Nagpal
Non-Executive Independent Director17.83yrs₹549.00k0.000090%
₹ 73.9k
Anil Kumar Chandaria
Non-Executive & Non-Independent Director38.17yrs₹52.50kno data
Rahul Asthana
Non-Executive Independent Director6.5yrs₹52.50kno data
Jaideep Khimasia
Non Executive Independent Director3.5yrs₹111.00kno data
Tanvir Koreishi
Non Executive Independent Director2.67yrs₹17.50kno data
Lars Johansson
Non-Executive Independent Director1yr₹17.50kno data

3.5yrs

Average Tenure

60yo

Average Age

Experienced Board: 500003's board of directors are considered experienced (3.5 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: ₹82.103b
  • Shares outstanding: 345.33m
  • 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
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 primarily in India. It operates through Liquid Terminal...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/26 12:11
End of Day Share Price2020/11/26 00:00
Earnings2020/09/30
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.