Aegis Logistics Limited — Important, 13-02-2025: Updates

**Financial Highlights:** Aegis Logistics has reported a record consolidated EBITDA of Rs. 1008 Cr for FY24, marking a substantial 25% increase and the highest-ever EBITDA for the company. For Q3 FY25, the normalized EBITDA stood at Rs. 252 Cr, which showed a 9% growth YoY. Revenue for Q3 FY25 was Rs. 1,707 Cr, reflecting a decrease of 9% compared to Q3 FY24.

**Strategic Initiatives and Growth Drivers:** The company's liquid and gas divisions are performing robustly, with record logistics volumes achieved in Q3. Significant expansions are underway, including additional leased land at JNPA and Kandla, and an ongoing DRHP filing by AVTL for an IPO.

**Business Developments:** Notable achievements this quarter include the commencement of operations at the new liquid storage terminals in JNPA and Mangalore, contributing to higher volumes and revenues.

**Market Position and Competitive Advantage:** Aegis is positioning itself as a leader in the integrated logistics space, focusing on the sustainable distribution of bulk liquids and gases through an extensive network of terminals across India.

**Investor Implications:** The company’s strong performance and strategic expansions signal a positive outlook, presenting potential growth opportunities for investors despite recent revenue fluctuations.