AEGIS LOGISTICS LIMITED
Corporate Office: 1202, Tower B, Peninsula Business Park, G. K. ""Iarg, Lower Pare! (\V), Mumbai - 400 013, India.
Tel.: +91 22 6666 3666 + Fax: +91 22 6666 3777 + Email: email@example.com + Website: \\,nv.aegisindia.com
Market Operations Department,
The BSE Ltd.
Phiroze Jeejeebhoy Towers,
Dalal Street, Fort,
MUMBAI - 400 023.
Scrip Code : 500003
November 5, 2018
Capital Market Operations
The National Stock Exchange of India Ltd.
Exchange Plaza, 5th Fl., Plot No.CJ 1,
G Block, Bandra-Kurla Complex,
MUMBAI - 400 051.
Scrip Code : AEGISCHEM
Sub: Outcome of Board Meeting
Kindly note that at the Meeting of Board of Directors of the Company held as of today i.e.
5th November, 2018, the Board has considered and approved inter-alia:
1. Unaudited Financial Results (Standalone & Consolidated) for the quarter and six
months ended 30th September, 2018 (IND-AS) and pursuant to regulation 33 of
the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 we
enclose herewith Unaudited Financial Results (Standalone & Consolidated)
alongwith Limited Review Report for your records;
2. Appointment of M/s. CNK & Associates, LLP, Chartered Accountants (Firm Regn.
No.101961W/W-100036) as Statutory Auditors of Company to hold office till the
next Annual General Meeting to be held for the financial year ending 31st March,
The Brief profile of M / s. CNK & Associates, LLP:
M/ s. CNK and Associates LLP, is spearheaded by a team of 22 partners with
experience across various industries and verticals and presently has the staff
strength of 350+ who has worked alongside Companies of all sizes. Headquartered
in Mumbai, with branches in Vadodara, Chennai and Bengaluru and associate
firms in Pune, Ahmedabad and Delhi, they cater to clients across several
geographies and service lines. The firm also has an office in Dubai through which
they service clients in the Middle Eastern region.
The Meeting of the Board of Directors of the Company commenced at 4:00 p.m. and
concluded at 4:55 p.m.
Kindly take the same on record.
Encl.: as above
CIN :1'-:o. L63090GJ1956PLC001032
Register~d Office: 502, 5thFloor, Skvlon, G.I.D.C., Char Rasta, Vapi - 396 195, Dist. Valsad, Gujarat, India.
P.D.Kunte & Co. (Regd.)
INDEPENDENT AUDITOR'S REVIEW REPORT
To the Board of Directors of
Aegis Logistics Limited
1. We have reviewed the accompanying Statement of Unaudited Standalone
Financial Results ('the Statement') of Aegis Logistics Limited ('the Company')
for the quarter and six months ended 3Qth September 2018, being submitted by
the Company pursuant to Regulation 33 of the Securities and Exchange Board of
India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as
modified by Circular No. CIR/CFD/FAC/62/2016 dated July 5, 2016, read with
Circular No. CIR/CFD/CMD/15/2015 dated November 30, 2015.
2. This Statement is the responsibility of the Company's Management and is subject
to approval by the Board of Directors of the Company at their meeting to be held
on 5th November 2018. This Statement has been prepared on the basis of the
related interim financial statements in accordance with the recognition and
measurement principles laid down in Indian Accounting Standard 34 "Interim
Financial Reporting" ("Ind AS 34"), prescribed under section 133 of the
Companies Act, 2013 read with relevant rules issued thereunder and other
accounting principles generally accepted in India. Our responsibility is to issue a
report on these financial statements based on our review.
3. We conducted our review in accordance with the Standard on Review
Engagements (SRE) 2410, "Review of Interim Financial Information Performed by
the Independent Auditor of the Entity" issued by the Institute of Chartered
Accounts of India. This Standard requires that we plan and perform the review to
obtain moderate assurance as to whether the statement is free from material
misstatements. A review is limited primarily to inquiries of Company personnel
and analytical procedures applied to financial data and thus provides less
assurance than an audit. We have not performed an audit and accordingly, we do
not express an audit opinion.
4. Based on our review conducted as above, nothing has come to our attention that
causes us to believe that the accompanying statement of unaudited financial
results prepared in accordance with applicable principles laid down in Indian
Accounting Standard 34 "Interim Financial Reporting" ("Ind AS 34"), prescribed
under Section 133 of the Companies Act, 2013 read with relevant rules issued
thereunder and other accounting principles and policies generally accepted in
India has not disclosed the information required to be disclosed in terms of
Regulation 33 of the Securities and Exchange Board of India (Listing Obligations
and Disclosure Requirements) Regulations, 2015, read with Circular No.
Pralhad. RL 84. Milao Nazar. Dombivli East 421203. Email - firstname.lastname@example.org
P.D.Kunte & Co. (Regd.)
CIR/CFD/CMD/15/2015 dated November 30, 2015 and as modified by Circular
No. CIR/CFD/FAC/62/2016 dated July 5, 2016, including the manner in which it is
to be disclosed or that it contains any material misstatement.
For P. D. Kunte & Co. (Regd.)
Firm Registration Number: 105479W
Date: 30th October, 2018
Membership No.: 040740
Pralhad. RL 84. Milao Nazar, Dombivli East 421203. Email - email@example.com
AEGIS LOGISTICS LIMITED
STANDALONE STATEMENT OF UNAUDITED FINANCIAL RESULTS FOR THE QUARTER AND SIX MONTHS ENDED 30TH SEPTEMBER 2018
Rs.In Lakhs exce I er share data
30.09.2018 30.06.2018 30.09.2017
Unaudited Unaudited Unaudited
18,682 13,593 10,327
1,737 88 1,198
20,419 13,681 11,525
. (94) (1,047)
614 590 356
3,166 2,228 1,975
16,274 11,300 7,842
4,145 2,381 3,683
Revenue from operations
TOTAL INCOME (1+2)
Purchases of stock-in-trade
Changes in Inventories of finished goods, work in process and
stock in trade
Employee benefits expenses
Depreciation and amortisation expense
Profit before tax (3-4)
Tax adjustment in respect of earlier years
Total Tax expenses
Profit for the period/ year (5-6)
8 Other Comprehensive Income (Net of Taxes)
9 TOTAL COMPREHENSIVE INCOME FOR THE PERIOD (7+8)
10 Paid up Equity Share Capital (face value Re.1 per share)
11 Earnings per equity share (Face value of Re.1 each)
Basic (in Rs)
Diluted (in Rs)
12 Paid up Debt Capital"
13 Reserves Excluding Revaluation Reserves as per Balance Sheet of
previous accounUng year
14 Capital Redemption Reserve (also included in 13 above)
15 Debenture Redemption Reserve (also included in 13 above)
17 Debt Equity Ratio (no. of times)••
18 Debt Service Coverage ratio (DSCR)(no.of times)•••
19 Interest Service Cevera e ratio ISCR no.of times) ....
"Paid=up Debt Capital= Long-term Debts plus Current maturiUes of Long-term debts aggregating Rs. 8410 lacs (as at
30th Sept, 2017, Rs. 3759 lacs)
•• Debt - Equity Ratio= Long-tenn Debts/ (Equity+ Reserves)
••• DSCR = Earnings before Interest & Tax/ (Interest Expense+ Principal Repayment on Long Tenn Debts during the period)
.... ISCR= Earnings before Interest & Tax/ Interest Expense
See accompanying notes to the financial results
For the Year ended
AEGIS LOGISTICS LIMITED
STANDALONE STATEMENT OF UNAUDITED FINANCIAL RESULTS FOR THE QUARTER AND SIX MONTHS
ENDED 30TH SEPTEMBER 2018
(Rs. in Lakhs)
PARTICULARS Quarter ended Six months ended Year ended
30.09.2018 30.06.2018 30.09.2017 30.09.2018 30.09.2017 31.03.2018
Unaudited Unaudited Unaudited .Unaudited Unaudited Audited
Liquid Terminal Division 3,273 3,208 2,716 6,481 5,539 11,078
Gas Terminal Division 15,409 10,385 7,611 25,794 16,029 39,098
Net Sales / Income from Operations 18,682 13,593 10,327 32,275 21,568 50,176
Liquid Terminal Division 1,329 1,233 2,058 2,545 4,458
Gas Terminal Division 2,209 2,132 5,700 4,093 8,583