04-Nov-2026 08:37:35
AEGISVOPAKExpansion
JEFFERIES ON AEGIS VOPAK ; HOLD | TARGET ₹265 (EARLIER ₹280)
• Retains $5 BN (₹500 CR approx.) capex plan through FY31; JNPA, Kandla and Kochi expansions remain on track. • Kandla–Gorakhpur pipeline completion could improve LPG terminal utilisation. • Jefferies expects 36% EBITDA CAGR over FY26–30. • Ambitious capacity and market-share assumptions, along with expensive valuations, remain key concerns.
AEGIS VOPAK TERMINALS LTD