AEGISVOPAK / Q4-FY26 / claim-ledger

Audit the questions that mattered.

Aegis Vopak Terminals · Analyst questions, management answers, and the quality of the response where the ledger is available.

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PositiveQ4-FY26 · 2026-05-15Back to quarter ↗

Questions audited

Answered directly

58%

Numeric claims

Consistency

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Question ledger

What was answered, and how?

Anil Sin · K16 advisor

direct

Who builds capacity increases: Aegis Vopak or Aegis Logistics?

these are land which are under lease with AGES VOPAT terminals limited and the infrastructure is being constructed by its parent AIS logistics limited because of the in-house capability and efficiencies

Anil Sin · K16 advisor

partial

What gives confidence for $5bn capex over 4 years?

we have tripled in 3 years from 22 to 25... the pace of capex increases as we grow stronger and the opportunities present themselves. We always follow demand.

Raj Patel · SK Finance

evasive

Revenue structure: long-term vs spot contract percentage.

We do not track such statistics... we like to operate as an open-source terminal. We are not product dependent therefore not customer dependent.

Raj Patel · SK Finance

partial

Upcoming lease expiries and port capacity utilization.

most of these are not very old. So we have still long time to go before the lease maturity happens. There is only one lease of people port which is dependent on the concessional which is in 2029

Raj Patel · SK Finance

direct

Expected business mix evolution between liquid, gas, ammonia.

gas will be more dominant going forward. But it will usually be 5545 or 6040. The higher higher of course would be gas.

below Paul Sahu · GM Financial

partial

LPG import situation and diversification of sources.

in LPG the national oil companies had supply source problem when the ships were stranded... volumes were affected from March... 50% down but from May onwards things are getting much better

below Paul Sahu · GM Financial

partial

Capex plans for FY27 and FY28 quantified.

27 of course we have already said we'll reach 1.2 billion capex. 28 there are still some things to be firmed up. We will soon come up with the numbers for FY28. But I think it will definitely be generally in the range of close to 5,000 cr.

below Paul Sahu · GM Financial

partial

Capacity of J&P phase one out of 318,000 cbm expansion.

I think we will do most of it in H1 of the FI27. Most of it will be up and running in H1. ... 380,000 18,000 should be running for 6 months in the current year.

Vinitar · Bajage Alternates

evasive

Breakdown of $5bn capex by product (ammonia, LPG, green molecules).

we have said it in past that we are only in seven ports. We expect to go to 12 ports by end of 2030. ... We also expect to do more of ammonia terminal... get into newer products maybe ethane and propane as well as natural gas infrastructure.

Vinitar · Bajage Alternates

direct

Visibility on long-term contracts for ammonia terminal at Tawa.

ammonia terminal tawwork you've already said we have given on long-term contract to Hindustan zinc almost one/ird of our capacity for 15 year time period.

Kunal Mata · Incredities

partial

Current liquid capacity utilization and earning per CBM.

liquid terminals are always earning 100% of the capacity. Physical occupancy is not very important here. ... 3,000 generally for CBM is what is regarded as a very good blended earning from liquid.

Vishal Meta · Capital

direct

Will J&P expansion start with moderate realizations and ramp up?

J&PA unlike other ports has a more demand so we don't expect it to gradually increase realization it will be quite a good realization from the time it commissions