Aegis Vopak Terminals Ltd Share Price Target 2026 to 2030

Aegis Vopak Terminals Ltd is a leading Indian liquid storage infrastructure company, operating state-of-the-art terminals for liquefied petroleum gas (LPG), chemicals, and other liquid products. Incorporated in 2013 as a joint venture between Aegis Logistics Limited (51%) and Royal Vopak Netherlands (49%), the company leverages global expertise in terminal operations with strong local execution. With strategic assets across Gujarat, Maharashtra, and Tamil Nadu—and recent expansion into new geographies via acquisitions—the company is well-positioned to benefit from India’s growing demand for safe, efficient liquid storage. This article provides a data-backed outlook on the Aegis Vopak Terminals share price target 2026–2030.

Aegis Vopak Terminals Ltd: Company Overview

• Founded: 2013
• Headquarters: Mumbai, Maharashtra
• Key Business: Ownership and operation of LPG and liquid chemical storage terminals
• Strategic Assets: Terminals in Dahej, Mundra, Kandla, Chennai, and Mangaluru
• Parentage: JV between Aegis Logistics (India) and Royal Vopak (Netherlands)—a global leader with 400+ years of legacy
• Recent Move: Acquired 75% stake in HALPG (Hindustan Aegis LPG) in January 2026, expanding capacity and market reach

The company operates under long-term contracts with oil majors, traders, and chemical companies, ensuring stable revenue visibility. Its asset-heavy but capital-efficient model supports high barriers to entry and pricing power.

Aegis Vopak Terminals Ltd: Key Financial Snapshot

Aegis Vopak Terminals Ltd Share Price Target Forecast (2026–2030)

Aegis Vopak Terminals Ltd Share Price Target 2026

Aegis Vopak reported 131% YoY profit growth and 24% sales growth in FY2025, driven by higher utilization and new client onboarding. However, its P/E of 205.77x is extremely high—even for an infrastructure stock—reflecting aggressive investor optimism. With ROCE at just 9.33%, the valuation appears stretched unless future capex delivers outsized returns. A 2026 target of ₹215–₹245 assumes continued volume growth and successful integration of the HALPG acquisition.

Aegis Vopak Terminals Ltd Share Price Target 2027

The HALPG acquisition adds ~600,000 MT of LPG storage capacity, boosting scale and client diversification. If EBITDA margins hold near 70% and debt is managed prudently (D/E: 0.58), earnings could grow at 25–30% CAGR. Assuming EPS reaches ₹1.25–₹1.40 by FY27 and P/E moderates to 180–190x, the 2027 range of ₹230–₹270 is realistic—but remains speculative.

Aegis Vopak Terminals Ltd Share Price Target 2028

By 2028, the full benefits of expanded capacity and long-term contracts should reflect in cash flow stability. However, the lack of dividends and modest ROCE limits appeal for conservative investors. A P/E of 170–180x on projected EPS (~₹1.45–₹1.65) supports the ₹245–₹300 band—if execution stays flawless.

Aegis Vopak Terminals Ltd Share Price Target 2029

Long-term tailwinds include India’s rising LPG penetration, petrochemical expansion, and import dependency for bulk liquids. Regulatory support for private terminal operators adds policy comfort. Using a P/E of 160–180x on FY29 EPS (~₹1.60–₹1.85), the 2029 target is ₹260–₹330.

Aegis Vopak Terminals Ltd Share Price Target 2030

Over a five-year horizon, Aegis Vopak’s value lies in its irreplaceable infrastructure and first-mover advantage in organized liquid storage. However, the current valuation demands perfection. A terminal P/E of 150–170x on FY30 EPS (~₹1.80–₹2.10) justifies the ₹275–₹360 range—but only if ROCE improves meaningfully.

Aegis Vopak Terminals Ltd: Shareholding Pattern

Extremely high promoter holding ensures strategic alignment but limits liquidity and float availability.

Aegis Vopak Terminals Ltd: Strengths vs Risks

Strengths:

• Monopoly-like position in organized liquid storage in India
• Global technical backing from Royal Vopak (Netherlands)
• Long-term contracts ensure revenue visibility
• Strong sales and profit growth (24% and 131% YoY)

Risks:

• Extremely high P/E (205x) leaves no margin for error
• ROCE (9.33%) and ROE (11.18%) are modest for such a rich valuation
• No dividend payout (0% yield)—limits income appeal
• Asset-heavy model requires continuous capex; delays can hurt returns

Investment Suitability

Final Verdict

Aegis Vopak Terminals Ltd offers compelling exposure to India’s underpenetrated liquid storage sector. Its growth trajectory is strong, backed by strategic acquisitions and global partnerships. However, the P/E of 205x is unjustifiable unless ROCE improves significantly and earnings compound consistently. Our Aegis Vopak share price target 2026–2030 (₹215 to ₹360) reflects optimistic—but cautious—growth assumptions. Suitable only for aggressive investors with high conviction and long time horizons.

Disclaimer: Price targets are estimates based on publicly available data and sector analysis. They are not investment advice. Consult a SEBI-registered advisor before making decisions.

Sources

• Screener.in – Aegis Vopak Terminals Consolidated Page (FY2025 + TTM)
• Finology Ticker – AEGISVOPAK Financial Ratios & Valuation
• Aegis Vopak Investor Presentation (Q3 FY26, Jan 2026)
• BSE India – Acquisition Announcement (HALPG, Jan 2026)
• Royal Vopak Global – Partnership Framework Documentation