Analysts/Institutional Investor Meet/Con. Call Updates

AI summary - Aegis Logistics H1 FY27: Revenue INR4,570 Cr, EBITDA INR1,184 Cr, PAT INR866 Cr, PAT doubled y-y - Q2 FY27: Revenue INR2,213 Cr, EBITDA INR456 Cr (+32% y-y), PAT INR321 Cr (+32% y-y), EPS INR7.42 (+45% y-y) - Liquid Division H1 EBITDA INR284 Cr (78% margin), Gas Division H1 EBITDA INR900 Cr (+137% y-y) - Aegis Vopak Q2 revenue INR271 Cr (+17%), EBITDA INR212 Cr (+22%), PAT INR96 Cr; H1 revenue INR505 Cr (+15%), EBITDA INR392 Cr (+19%) - Tristar acquisition for US$809M to complete Q4 FY27, expanding global footprint and synergies - Capex plan: $1.2B by next year, $5B through FY30-31, targeting gearing <=0.6x - LPG logistics volume up 19% Q2; distribution volumes up 54% H1; holds >30% LPG static capacity in India - Ammonia terminal commissioned at Pipavav with 15-year take-or-pay agreement; EBITDA per ton similar to LPG at INR7,000 - Management confident in sustained growth, operational efficiencies, and strategic partnerships including ITOCHU