Aegis Logistics Ltd's Q1FY19 consolidated net profit rises 17.47% yoy to Rs51.64cr: Beats Estimates

The company’s consolidated revenue stood at Rs1,016.85cr, up 18.79% yoy.

Aug 09, 2018 12:08 IST India Infoline Research Team

Aegis Logistics Ltd Q1FY19

Consolidated Results Q1FY19: (Rs. in cr)

Q1FY19 YoY (%)
Revenue 1,016.85 18.8
EBITDA 86.43 52.8
EBITDA Margin (%) 8.5 189
Net Profit (adjusted) 51.64 17.5
***EBITDA margin change is bps

Aegis Logistics Ltd reported Q1FY19 results beating the estimates. Revenue grew by 18.8% yoy to Rs1016.85cr against Rs856.03cr in Q1FY18. EBITDA for the quarter grew by 52.8% yoy to Rs86.43cr against Rs56.57cr, beating the estimate (Rs78cr). EBITDA margin grew by 189bps yoy to 8.5%. Net profit for the quarter grew by 17.5% yoy to Rs51.64cr against Rs43.96cr last year, beating the estimate (Rs48cr).

• Liquid Terminal Division revenue grew by 6.5% yoy to Rs45.45cr against Rs42.69cr
• Gas Terminal Division revenue grew by 19.4% yoy to Rs971.4cr

Technical View:

Aegis Logistics Ltd is currently trading at Rs. 235, down by 12.6 points or 5.09% from its previous closing of Rs. 247.60 on the BSE.
The scrip opened at Rs. 244.40 and has touched a high and low of Rs. 250.25 and Rs. 226.35 respectively. So far 3,11,145 (NSE+BSE) shares were traded on the counter. The stock is currently trading above its 200 DMA.

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