Aegis Vopak Terminals Reports Q2 FY27 Financial Results

Revenue from operations rose to Rs 270.84 crore from Rs 232.23 crore year-on-year.
Profit for the period was Rs 86.57 crore, slightly lower than the Rs 88.65 crore reported in Q2 FY26.

Reader Takeaway: Strong revenue growth in both Liquid and Gas divisions indicates operational expansion, though margins remain flat.

What just happened

Aegis Vopak Terminals announced its unaudited consolidated financial results for the quarter ending September 30, 2026. The results were approved by the Board of Directors on October 26, 2026, following a review by the Audit Committee. The company's statutory auditors, C.N.K & Associates LLP, provided an unmodified limited review report for both standalone and consolidated financials.

Segment Performance

The company's revenue is driven by two key business units:

• Liquid Terminal Division: Revenue increased to Rs 128.88 crore, up from Rs 106.03 crore in the same period last year.
• Gas Terminal Division: Revenue improved to Rs 141.96 crore, compared to Rs 126.19 crore in Q2 FY26.

The backstory

The comparative figures for these results have been restated to account for the acquisitions of Aegis Terminal (Pipavav) Limited and Hindustan Aegis LPG Limited, which were integrated into the group over the previous quarters. These transactions were handled using the pooling of interest method.

Security and Compliance

Aegis Vopak Terminals confirmed it maintains the required security cover for its outstanding non-convertible debentures (NCDs). An independent audit verified that the company remains in full compliance with the terms specified in its placement memoranda and debenture trust deeds.

What to track next

Investors should monitor how the integration of the recently acquired entities impacts overall profit margins in the coming quarters and continue to observe the scaling of the Gas Terminal Division relative to its Liquid counterpart.