Aegis Vopak Terminals Limited reports strong financial performance for Q3 and 9M FY26, with revenue from operations reaching ₹1,975 Mn and ₹5,491 Mn respectively. EBITDA for the same periods stood at ₹1,459 Mn and ₹4,032 Mn. The company is strategically expanding its terminal network and exploring opportunities in alternative energies and ammonia storage, strengthening its position in India’s energy logistics sector.
Financial Performance Highlights
Aegis Vopak Terminals Limited has announced its financial results for Q3 and 9M FY26, demonstrating strong growth and profitability.
Key Financial Metrics (Y-o-Y):
- Revenue from Operations: ₹1,975 Mn (Q3 FY26), ₹5,491 Mn (9M FY26)
- EBITDA: ₹1,459 Mn (Q3 FY26), ₹4,032 Mn (9M FY26)
- PAT: ₹615 Mn (Q3 FY26), ₹1,632 Mn (9M FY26)
- Revenue Share: Liquid Terminalling contributed 58.2% (Q3 FY26) and 59.0% (9M FY26), while Gas Terminalling accounted for 41.8% (Q3 FY26) and 41.0% (9M FY26)
These results reflect a strong operational performance and increasing demand for the company’s services in both liquid and gas terminalling.
Strategic Developments and Expansion
Aegis Vopak has been actively pursuing strategic initiatives to enhance its infrastructure and expand its presence in the Indian market.
- Commissioned an 82,000-metric-ton cryogenic LPG terminal at Mangalore Port in June 2025.
- Inaugurated a 48,000 metric ton cryogenic LPG terminal in Pipavav Port in July 2025.
- Signed a 15-year take-or-pay agreement to manage petroleum products at Pipavav.
- Announced construction of India’s first independent 36,000-MT Ammonia Terminal, expected completion in Q1 FY27.
- Acquired a 75% stake in HALPG, adding 25,000 MT of LPG capacity at Haldia and an exclusive HPCL terminalling agreement.
Future Growth Strategy
Aegis Vopak is focused on the following strategies to drive future growth:
- Strategically expanding its network of terminals at existing locations.
- Entering new locations to manage flows of liquids, gases, and energy transition products.
- Establishing industrial terminals connected to multiple production units.
- Investing in capabilities to address alternative energies and ammonia terminals.
- Pursuing inorganic growth opportunities through strategic acquisitions.
Financial Outlook
The company aims to reach $1.2 billion in capex by next year and expects aggregate capex to reach $5 billion by 2030. This will be funded through a mix of internal accruals and prudent debt utilization.
Source: BSE
