Aegis Vopak Terminals logo

Aegis Vopak Terminals share price

NSE: AEGISVOPAKBSE: 544407OilSmall Cap

Aegis Vopak Terminals Limited · Face value ₹10 · Listed Jun 2025
Last close ₹236.20up ₹4.40 (1.90%)BSE ₹236.15

Share price at the NSE close on 29 Oct 2026. Previous close ₹231.80.

29 Oct: open ₹231.00, high ₹238.60, low ₹231.00

52-week range of traded prices to 29 Oct 2026
₹158.00Low, 30 Mar 2026₹320.95High, 21 Sep 2026
Market cap
₹26,171 Cr318th largest listed
P/E
Earlier quarters restated in the year
P/B
5.88
Dividend yield
0.08%
ROCE
7.0%
Debt to equity
0.54
Volume, NSE
3,83,69536.3% delivered

Aegis Vopak Terminals share price chart

Daily closes since Jun 2025, adjusted for splits and bonuses

−14.3%over a year · Nifty Oil & Gas −13.7% · Nifty 500 −8.4%

Results20-session average 8,27,932 shares a day, 40.3% delivered

About Aegis Vopak Terminals

Aegis Vopak Terminals stores and handles bulk liquids and liquefied petroleum gas (LPG) at ports in India for oil marketing companies, multinationals, specialty chemical companies and traders.12 Its tanks hold petroleum, chemicals, lubricants, vegetable oil and LPG.3 Its terminals are at Kandla, Pipavav, JNPA (Jawaharlal Nehru Port), Mangalore, Kochi and Haldia.4

Its business is split into liquid terminalling, for oil and chemical products, and gas terminalling, for petroleum gases such as LPG and propane.5 At 31 Mar 2026, it had 4 subsidiaries: Konkan Storage Systems (Kochi), CRL Terminals, Aegis Terminal (Pipavav) and Hindustan Aegis LPG.6 Under its Project GATI (Gateway Access to India), group companies Aegis Logistics, Sea Lord Containers and Aegis Gas build terminals, and the company owns and operates them once commissioned.7 It employs over 1,715 people.8

It was incorporated in 2013 and has its registered office in Vapi, Gujarat, and its corporate office in Mumbai.9 Its shares were listed on NSE and BSE on 2 Jun 2025 after an initial public offering of new shares raising ₹2,80,000 lakh, out of which ₹2,01,595.30 lakh of bank borrowings were repaid.10

Aegis Vopak Terminals is a joint venture between Aegis Logistics, a listed Indian conglomerate in sourcing, storage and distribution, and Royal Vopak, a listed company based in the Netherlands.3 At 31 Mar 2026, its promoters Aegis Logistics Limited and Vopak India B.V. held 44.71% and 42.23% of its shares.1112

Aegis Vopak Terminals key points

Results

  • In the quarter to Jun 2026, revenue from operations rose 12.4% to ₹233.8 crore and operating EBITDA (earnings before interest, tax, depreciation and amortisation) rose 15.6% to ₹179.4 crore.13
  • In the year to Mar 2026, consolidated revenue from operations rose 16.96% to ₹92,307.82 lakh and total profit after tax, including the share of minority owners, was ₹34,192.13 lakh, against ₹22,484.13 lakh a year earlier.14

Market position

  • The company says it is India's largest third-party owner and operator of tank storage terminals for LPG and liquid products by storage capacity.15

Business segments

  • Consolidated segment revenue and EBITDA16
    Itemyear to Mar 2026year to Mar 2025
    Gas terminalling revenue₹482.60 crore₹444.48 crore
    Gas terminalling EBITDA₹414.51 crore₹362.64 crore
    Liquid terminalling revenue₹440.47 crore₹344.73 crore
    Liquid terminalling EBITDA₹313.71 crore₹236.32 crore
  • Share of revenue by segment17
    Itemquarter to Jun 2026
    Liquid terminalling54.1%
    Gas terminalling45.9%
    In the quarter to Jun 2026, liquid terminalling revenue rose 31% to ₹126.5 crore, while gas terminalling revenue fell 3.5% to ₹107.2 crore.

Plants and capacity

  • The company runs 22 operating tank terminals at 6 ports, with 1.7 million cubic metres (cbm) of liquid storage and 225,800 tonnes of static LPG capacity (the gas its tanks can hold at one time).1819
  • Storage capacity by port201521
    Itemquarter to Jun 2026
    Kandlaabout 952,000 cbm liquid, 48,000 tonnes LPG
    Haldia226,890 cbm liquid, about 25,000 tonnes LPG
    Mangalore193,000 cbm liquid, 82,000 tonnes LPG
    JNPAabout 101,900 cbm liquid
    Kochi82,545 cbm liquid
    Pipavav117k cbm liquid, 71k tonnes LPG
  • Gas throughput (the gas that passed through its terminals) was 3.9 million tonnes in the year to Mar 2026 and 0.9 million tonnes in the quarter to Jun 2026.22

Customers and partners

  • Hindustan Aegis LPG's terminal at Haldia has an exclusive terminalling agreement with HPCL that runs through 2038.20
  • A 15-year take-or-pay agreement (the customer pays for agreed volumes whether or not it uses them) with Hindustan Zinc covers part of the Pipavav ammonia terminal, for its planned DAP (diammonium phosphate) fertiliser plant.2324
  • At Pipavav, a 15-year take-or-pay agreement with an unnamed conglomerate commits more than 0.5 million tonnes a year of petroleum product handling.23

Expansion and capital spending

  • The company said it is acquiring the J2 terminal at JNPA from Aegis Logistics, with 77,286 tonnes of LPG storage, 318,100 cbm of liquid storage and a 35,000-tonne-a-year bottling plant, at a total project capital outlay of ₹1,675 crore.2526
  • On its earnings call of 14 Aug 2026, the company said it expects the first phase of the JNPA liquid expansion, about 100,000 cbm, to be commissioned in the quarter to Dec 2026.27
  • In its exchange filing of 6 Aug 2026, the company said it signed a framework agreement under which it intends to engage Aegis Logistics to build a 51,998-tonne refrigerated propane tank at its JNPA terminal, and is to pay ₹1,42,50,00,000 on signing.2829
  • On its earnings call of 14 Aug 2026, the company said it expects 49,577 cbm of new liquid storage at Kochi to be commissioned "by early next financial year", taking Kochi liquid capacity to 132,122 cbm.30

What the company expects

  • In its presentation of 7 Aug 2026, the company said it aims to reach capex of $1.2 billion "by next year" and $5 billion in all by the year to Mar 2031, funded by internal accruals and debt.22
  • On its earnings call of 14 Aug 2026, the company said it works to grow its volumes by at least 25% a year.31
  • On its earnings call of 14 Aug 2026, the company said its 94,148 cbm CRL4 liquid terminal at Kandla is targeted for commissioning "later next year".27
  • On its earnings call of 14 Aug 2026, the company said it had signed a non-binding memorandum of understanding to take part in developing Vadhavan port, with a potential investment of about ₹20,000 crore, subject to approvals.30

Recent events

  • On 18 Sep 2026, India Ratings and Research assigned IND AA/Positive and IND A1+ credit ratings (its view of the ability to repay debt) to the company's bank loans and affirmed IND AA/Positive on its non-convertible debentures (bonds that cannot be turned into shares).32
  • On 24 Aug 2026, subsidiary Aegis Terminal (Pipavav) agreed to buy the 36,000-tonne ammonia storage terminal at Pipavav from Aegis Logistics for ₹5,25,00,00,000.3334
  • On 27 Mar 2026, the company agreed to sell 10% of its subsidiary Aegis Terminal (Pipavav) to Itochu Corporation for ₹8,032 lakh, a stake Itochu is expected to raise to 25% in 3 years.35
  • On 6 Jan 2026, the company bought 75% of Hindustan Aegis LPG, which runs an LPG terminal at Haldia, from Aegis Gas (LPG) and Vopak India, its entry into the east coast market.26

Results

Consolidated; ₹ crore.Aegis Vopak Terminals quarterly results

Quarter to Sep 2026, against the quarter before

Revenue
₹271 Crup 15.85%
Net profit
₹96 Crup 38.89%
Net margin
35.6%

Revenue by quarter

₹157 CrMar 25₹164 CrJun 25₹188 CrSep 25₹197 CrDec 25₹243 CrMar 26₹234 CrJun 26₹271 CrSep 26

Net profit by quarter, a loss in red

₹41 CrMar 25₹48 CrJun 25₹54 CrSep 25₹62 CrDec 25₹74 CrMar 26₹69 CrJun 26₹96 CrSep 26

The quarters either side of a change of basis do not compare. From the quarter to Mar 2026, the company's revenue for the year to Mar 2026, ₹923 Cr, differs from its quarters added, ₹793 Cr.

₹ croreMar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Revenue157164188197243234271
Net profit41485462746996
Net margin26.3%29.1%28.7%31.1%30.3%29.7%35.6%
Consolidated. The 7 quarters from Mar 2025, the first on record. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit

  • Gas Terminal Division₹483 Cr52.3%
  • Liquid Terminal Division₹440 Cr47.7%

Valuation

Today, against the company's own history. Not shown, P/E: a results filing in the last twelve months restated the quarters before it inside its year to date, so the four quarters as the company reported them do not add to a twelve-month profit; the ratio returns once the trailing year no longer holds a quarter from before the restatement. Its history crosses a change of basis in the accounts in the year to Mar 2026: days before it are of the company before the change.Aegis Vopak Terminals PE ratio and valuation

Price to book

At or below today's level on 51% of 242 trading days over the last year.

LowestHighest
Its median5.84Industry median1.26
Dividend yield

At or below today's level on 99% of 247 trading days over the last year.

LowestHighest
Its median0.00%Industry median0.82%

Shareholding

Per cent of the company's shares, from the filing for Sep 2026.Aegis Vopak Terminals shareholding pattern

Shareholding by group

  • Promoters86.93%
  • Foreign institutions5.09%
  • Indian institutions5.27%
  • Individuals and others2.71%
Holder
Aegis Logistics LimitedPromoter44.71%
Vopak India B VPromoter42.23%
Government Pension Fund GlobalForeign portfolio investors, category I1.81%
360 One Special Opportunities Fund - Series 12Alternative investment funds1.09%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Since Jun 2026: promoters unchanged, foreign institutions −0.27 pts, Indian institutions −0.03 pts, mutual funds −0.04 pts.

The filing reports 22,15,99,000 of its 1,10,79,91,489 shares locked in.

Mutual fund holdings

55 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 41 of the 44 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.All 55 funds holding Aegis Vopak Terminals

Bought for the first time
3
Added
10
Cut
34
Held unchanged
8
Sold out
1
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Promoter and insider buying and selling

Trades made since 30 Oct 2025.Aegis Vopak Terminals insider trading

Bought on the market Sold on the market
  • Others2 purchases, 0 sales₹0.63 CrNo saleNet₹0.63 Cr
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.

Aegis Vopak Terminals competitors and peers

Oil, 22 listed companies, priced on 29 Oct 2026. The table lists the 8 companies closest to Aegis Vopak Terminals in market cap.Oil and gas companies

Aegis Vopak Terminals is not on the chart: it has no P/E or return on equity today

Return on equity across, P/E up, size is market cap
Company
Oil & Natural Gas Corporation logoOil & Natural Gas CorporationONGC2,84,0506.530.76+7.0%+20.8%12.2%10.0%5.87%
Oil India logoOil IndiaOIL73,9298.851.27+15.8%+27.3%15.5%11.1%2.53%
Vedanta Oil and Gas logoVedanta Oil and GasVOGL10,894–0.59––––0.00%
Deep Industries logoDeep IndustriesDEEPINDS4,43621.492.22+48.8%–10.8%13.8%0.36%
Antelopus Selan Energy logoAntelopus Selan EnergyANTELOPUS3,62620.354.72+82.9%+210.1%26.3%30.7%0.00%
Prabha Energy logoPrabha EnergyPRABHA2,7312,488.11–––0.3%−0.1%0.00%
Dolphin Offshore Enterprises (India) logoDolphin Offshore Enterprises (India)DOLPHIN2,47634.397.01+73.9%+43.3%23.0%11.5%0.00%
Asian Energy Services logoAsian Energy ServicesASIANENE2,143––+82.0%––13.2%0.28%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Aegis Vopak Terminals dividend history

Dividend per share, ₹, restated for later splits and bonuses

Mar 250.2Mar 26
Highest ₹0.20 a share, year to Mar 2026.
Ex-dateTypePer share
10 Jul 2026Final₹0.20
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Aegis Vopak Terminals announcements

Aegis Vopak Terminals share price by year

Each calendar year to 2025.Aegis Vopak Terminals share price history

YearClose at year endChangeHighest closeLowest close
2025249.35–293.37228.92
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2025 is from its first session, 2 Jun 2025.

Recent sessions

The 9 trading days to 28 Oct 2026, as traded on NSE; the latest is at the top of the page.

DateOpenHighLowCloseAverage priceVolumeDelivery
28 Oct 2026232.50236.15227.80231.80231.896,03,87229.0%
27 Oct 2026243.90244.20232.00235.10236.628,79,10040.4%
26 Oct 2026238.05253.45236.50240.15243.3915,76,46026.0%
23 Oct 2026251.20252.80240.00242.70244.527,95,94047.3%
22 Oct 2026259.30263.00252.00253.55256.017,70,76843.7%
21 Oct 2026266.20267.25256.55261.80260.808,30,00641.2%
19 Oct 2026275.00275.00259.85266.40265.669,89,28140.9%
16 Oct 2026280.45280.45274.15276.00277.685,70,75730.9%
15 Oct 2026281.10283.90276.45281.90280.145,10,78542.3%
Prices in ₹ per share as traded, not adjusted.

Company details

Chairperson and managing director
Raj Kapurchand Chandaria
At the end of the quarter to Sep 2026
NSE symbol
AEGISVOPAK
BSE code
544407
ISIN
INE0INX01018
Industry
Oil
CIN
L63030GJ2013PLC075304
Corporate identity number, the registrar of companies' code for it
Incorporated
2013
Registered office
502, Skylon, G.I.D.C, Char Rasta, Valsad, Vapi 396195, Gujarat
Share registrar
MUFG Intime India Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments