Aegis Logistics Q3 Results Review - Outlook Intact Amid Stable Performance: Motilal Oswal

"NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Motilal Oswal Report.Aegis Logistics Ltd. reported in line Ebitda of Rs 2.1 billion normalised Ebitda for the liquids division increased 10% YoY to Rs 850 million, while that of the gas division declined 10% YoY to Rs 1,470 million. The company is focusing on setting up bottling plants right outside its terminals as it provides competitive advantage to Aegis Logistics to cater to small and medium-sized enterprises customers (in gas distribution segment) within 350-400 kilometer. The company is also working on technical breakthroughs to implement liquified petroleum gas as a fuel source for large diesel generators. This is driven by the potential for LPG to generate an equivalent amount of electricity at only a quarter of the cost of diesel..Additionally, competition from oil marketing companies as well as private players make the ramp-ups in LPG throughput challenging, and hence, we reiterate our 'Neutral' rating on the stock. The stock currently trades at 23.9 times FY25E earning per share of Rs 15.7. We value the stock at 22 times December- 25E EPS of Rs 15.7 to arrive at our target price of Rs 345..Click on the attachment to read the full report:.InterGlobe Aviation Q3 Results Review - Outperforms Expectations In A Seasonally Strong Quarter: Motilal Oswal.DISCLAIMERThis report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit..Users have no license to copy, modify, or distribute the content without permission of the Original Owner."

Aegis Logistics Q3 Results Review - Outlook Intact Amid Stable Performance: Motilal Oswal

Ebitda in line, but beat on profit after tax.

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Aegis Logistics Q3 Results Review - Outlook Intact Amid Stable Performance: Motilal Oswal

Ebitda in line, but beat on profit after tax.

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