Aegis Vopak Terminals Q2 FY26 earnings call: Revenue & Margins

Future Growth Expectations for Aegis Vopak Terminals Limited (AVTL): - Revenue from operations increased by 26.2% YoY in Q2 FY '26; strong growth momentum expected to continue. - Gas throughput rose to 0.68 million metric tons in Q2, up from 0.52 million last quarter; cumulative H1 FY '26 gas throughput at 1.2 million tons. - Liquid terminal capacity expanded from 1.5 million CBM to 1.7 million CBM; target of reaching 3 million CBM liquid capacity by December 2026. - LPG capacity additions: new terminals at Pipavav, Mangalore fully operational; 4 LPG terminals across India totaling ~225,800 metric tons. - Planned addition of 77,000 MT LPG at JNPA; expansion with another 36,000 MT cryogenic gas tank considered. - Ammonia terminal development underway; aiming for about 8–10 ammonia terminals by 2030. - Expansion into new ports including Vadhavan and another unnamed port to increase presence from 6 to possibly 8–12 ports by 2030.

The transcript of Aegis Vopak Terminals Limited's Q2 FY'26 earnings call does not explicitly mention current or expected orderbook/pending orders. However, some relevant points related to ongoing and planned projects include: - Expansion plans to reach cumulative CAPEX of USD 1.2 billion by next year and USD 5 billion by 2030. - Ongoing new liquid capacity additions at various ports such as JNPA, Kandla, Mangalore, Kochi, and Pipavav. - Proposed acquisition of 75% stake in Hindustan Aegis LPG Limited (HALPG), consolidating 25,000 MT LPG capacity. - New terminals under construction including an Ammonia terminal and LPG bottling plants.