Aegis Logistics Ltd is India’s leading integrated logistics provider for oil, gas, chemicals, and petrochemicals, operating a vast network of LPG terminals, bulk liquid handling facilities, pipelines, and gas stations. Formerly known as Aegis Chemical Industries Ltd, the company rebranded to Aegis Logistics Ltd in 2008 to reflect its strategic shift from chemical manufacturing to energy logistics. With strong promoter backing (58.1%), consistent profitability, and a debt-light balance sheet, Aegis is well-positioned to benefit from India’s rising LPG penetration and energy infrastructure expansion. This article provides a fact-based outlook and realistic share price targets for each year from 2026 to 2030.
Rationale: Expected benefit from PM Ujjwala 3.0 and rural LPG penetration. Asset monetization (e.g., terminal leasing) may boost returns.
Aegis Logistics Share Price Target 2028
Year
Target 1
Target 2
2028
₹820
₹950
Rationale: By 2028, green hydrogen and ammonia logistics could become new revenue streams. ROCE sustainability (>24%) supports premium valuation.
Aegis Logistics Share Price Target 2029
Year
Target 1
Target 2
2029
₹870
₹1,020
Rationale: Long-term play on India’s energy security and industrial gas demand. Strategic partnerships with global energy majors are likely.
Aegis Logistics Share Price Target 2030
Year
Target 1
Target 2
2030
₹920
₹1,100
Rationale: The upper end assumes diversification into renewable fuel logistics and ROE >22%. Even at ₹1,100, P/E would be ~33x—justified for quality.
Strengths vs Risks
✅ Strengths
Debt-light (net cash of ₹1,325 Cr)
High ROCE (24.9%) and ROE (20.4%)
Monopoly-like position in private LPG logistics
Beneficiary of government LPG schemes
⚠️ Risks
Flat sales growth (–0.12% YoY)
Rich P/B (8.2x) leaves little margin for error
Competition from PSU players (IOCL, HPCL)
Low dividend yield (1.05%)
Investment Suitability
Factor
Assessment
Risk Profile
Moderate (large-cap logistics)
Time Horizon
Long-term (5+ years)
Volatility
Moderate
Dividend/Income
Low but consistent (1.05% yield)
Ideal Investor
Infrastructure-focused investor bullish on India’s energy transition
FAQs
Yes—it’s a high-quality compounder in India’s energy logistics space with strong returns and low debt.
India’s largest private LPG and chemical logistics provider, not a Chinese firm.
Aegis Logistics Ltd (changed in 2008).
No—the face value remains ₹1.
No—it’s an Indian company headquartered in Mumbai, promoted by the Mody family.
Final Verdict
Aegis Logistics is a strategic, high-return business with unmatched scale in India’s energy logistics sector. While sales growth is stagnant, profit resilience and asset strength justify a premium. Our 2026–2030 price targets (₹720–₹1,100) reflect steady appreciation—not speculative hype. Investors should consider it as a core infrastructure holding with multi-year visibility.
📌 Disclaimer: Price targets are estimates based on current fundamentals and sector trends. They are not investment advice. Please consult a SEBI-registered advisor before investing.
Hi, I’m Raj Mittal, a stock market content writer focused on company analysis, share price trends, and fundamental research. I create simple, research-based insights to help investors make smarter market decisions.
