Aegis Vopak Terminal

** Shares of Aegis Vopak Terminals AEGI.NS fall 1.2% to 265.75 rupees

** Jefferies downgrades liquid and gas storage terminals operator's stock to "hold" from "buy" with PT of 280 rupees

** Brokerage says the stock trades at a rich valuation of 33x Sep-2027 EV/EBITDA, leaving limited upside

** Jefferies flags execution risks, such as weaker LPG imports and slower market-share expansion, around achieving targeted LPG market share gains, calling co's FY30 assumptions a "tall ask"

** While Q1 EBITDA beat estimates and expansion plans remain on track, Jefferies says growth potential is largely reflected in the current valuation

** YTD, stock up 6.3%

(Reporting by Kashish Tandon in Bengaluru)

(([email protected]))

Aegis Vopak Terminals signed a framework agreement with promoter Aegis Logistics to construct a 51,998-metric-tonne refrigerated, full-containment propane tank and allied facilities at JNPA. The agreement provided for a ₹142.5 crore payment on execution, with a separate asset-transfer agreement to follow project completion. The related-party transaction was described as being conducted at arm’s length. The company’s JNPA phase 1 terminal was already operational, while FY26 revenue stood at ₹923 crore.

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** Petroleum & chemical storage terminals operator Aegis Vopak Terminals AEGI.NS shares rise 4.7% to 200.7 rupees, extending gains to a second-straight session

** Jefferies raises rating to "buy" from "hold", lowers PT to 240 rupees, a 25.2% upside to stock's last close

** Says stock has corrected 16% vs NIFTY's 8% since Middle East tensions began, given 52% revenue mix from LPG

** Says LPG imports could normalize once Middle East tensions ease

** "We believe AVTL is also well-placed to capture storage-led growth as the government plans to build an LPG storage reserve to cover 30 days of demand," - Jefferies

** Brokerage estimates 4.7% CAGR in LPG demand over FY26-30, driving 5.3% CAGR in imports

** YTD, AEGI down 19.2% vs 6% decline in Nifty 500 Index .NIFTY500

(Reporting by Abhinav Parmar in Bengaluru)

(([email protected];))

March 26 (Reuters) - Aegis Vopak Terminals Ltd AEGI.NS:

• TO SELL 10% STAKE IN ATPL TO ITOCHU FOR 803.2 MILLION RUPEES

Source text: ID:nBSE9mQ7X0

Further company coverage: AEGI.NS

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MUMBAI, Jan 5 (Reuters) - India's Aegis Vopak Terminal AEGI.NS raises 10.3 billion rupees ($114.1 million) through the sale of bonds maturing in three years, three bankers said on Monday.

It will offer an annual coupon of 7.40% on this issue and had invited coupon and commitment bids for the issue on Friday, they said.

The bonds have a call option on at end of one year and two years, and if it is not exercised, the coupon would be reset.

The company did not immediately respond to a Reuters email seeking comment.

Here is the list of deals reported so far on January 5:

*Size includes base plus greenshoe for some issues

($1 = 90.2587 Indian rupees)

(Reporting by Dharamraj Dhutia)

(([email protected]))

MUMBAI, Jan 1 (Reuters) - India's Aegis Vopak Terminal AEGI.NS is planning to raise up to 10.3 billion rupees ($114.48 million) through the sale of bonds maturing in three years, three bankers said on Thursday.

It has invited coupon and commitment bids for the issue on Friday, they said.

The company did not immediately respond to a Reuters email seeking comment.

Here is the list of deals reported so far on January 1:

*Size includes base plus greenshoe for some issues

($1 = 89.9700 Indian rupees)

(Reporting by Dharamraj Dhutia, Khushi Malhotra)

(([email protected], [email protected]))

June 19 (Reuters) - Aegis Vopak Terminals Ltd AEGI.NS:

• AEGIS VOPAK TERMINALS MARCH-QUARTER CONSOL NET PROFIT 413.4 MILLION RUPEES

• AEGIS VOPAK TERMINALS LTD MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 1.57 BILLION RUPEES

Source text: ID:nNSE5yrLjl

Further company coverage: AEGI.NS

(([email protected];))

June 2 (Reuters) - Dutch tank storage group Vopak VOPA.AS said on Monday its Indian joint venture, Aegis Vopak (AVTL), has successfully completed its initial public offering (IPO).

The transaction will result in an exceptional dilution gain of around 110 million euros ($125.1 million) to be recorded by Vopak in the second quarter, the group said.

($1 = 0.8797 euros)

(Reporting by Alban Kacher)

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