Aegis Logistics Ltd., incorporated in the year 1956, is a Mid Cap company (having a market cap of Rs 7165.67 Crore) operating in Logistics sector.
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Promoters held 58.7 per cent stake in the company as of Sept 30, 2020, while FIIs held 13.7 per cent, DIIs 2.5 per cent and public and others 25.1 per cent.
Motilal Oswal has given a buy rating to Aegis Logistics with a target price of Rs 251. The share price moved up by 0.56 per cent from its previous close of Rs 206.85. The stock’s last traded price is Rs 208.
Aegis Logistics Ltd., incorporated in the year 1956, is a Mid Cap company (having a market cap of Rs 7165.67 Crore) operating in Logistics sector.
Financials For the quarter ended 30-09-2020, the company reported a Consolidated sales of Rs 650.36 Crore, up 2.19 % from last quarter Sales of Rs 636.40 Crore and down 64.22 % from last year same quarter Sales of Rs 1817.69 Crore Company reported net profit after tax of Rs 64.19 Crore in latest quarter.
Investment Rationale AGIS trades at 17.1x FY22E EPS of INR12.1 and 9.8x FY21E EV/EBITDA. The brokerage values AGIS using the DCF methodology to arrive at a fair value of INR251/share. Promoter/FII Holdings Promoters held 58.7 per cent stake in the company as of Sept 30, 2020, while FIIs held 13.7 per cent, DIIs 2.5 per cent and public and others 25.1 per cent.
