The shares of Aegis Logistics Limited have delivered 52,430 per cent returns as they have zoomed from Rs 0.5 to the current levels of Rs 293 a piece in twenty years. This shows the power of compounding which can be achieved by long-term investments.
If an investor would have invested Rs 1 lakh in Aegis Logistics in October 2002, the total value of their holdings would be Rs 5.45 Crores today. The shares reached an all-time high of Rs 366 in June 2021. At that point, the total value of Rs 1 lakh would have been 6.65 Crore as the shares logged a return of 65,408%.
Aegis Logistics Ltd is a leader in oil and gas logistics. It is in the import and distribution of Liquified Petroleum Gas (LPG) and storage and terminalling facility for LPG and chemical products.
In Q1FY22, the company reported a multifold increase in the total revenue of Rs 2,235 crores as against Rs 678 crores which they reported in the same period a year ago. In the previous quarter, their revenue stood at Rs 2,103 crores.
In the quarter under review, they reported a total net profit of Rs 107 crores up from Rs 72 crores in Q1FY21. On a sequential basis, their profits stood at Rs 102 crores.
The company has a market capitalization of Rs 10,326 crores as on October 21st, 2022. They have a dividend yield of 0.85%. The company also has low debt on its balance sheet.
The company’s promoters hold a 58.07 per cent stake with zero shares pledged. Foreign Institutional Investors (FIIs) have a 15.11 per cent stake in the company.
Written by Anoushka Roy
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