Daily BriefsUtilities Sector

Daily Brief Utilities: Aegis Logistics and more

In today’s briefing:

  • Aegis Logistics Ltd- Forensic Analysis


Aegis Logistics Ltd- Forensic Analysis

By Nitin Mangal

  • Aegis Logistics (AGIS IN)  or ALL is an integrated logistics and supply chains provider to the oil, gas, petroleum and chemical players. 
  • The company is currently on a capex spree, after joining hands with Royal Vopak to augment its terminals business.
  • While the business possesses good cash conversion, one should be bothered by some doubtful accounting with respect to capitalization policy, receivable provisioning, etc which might have beneficial impact on bottom-line.

💡 Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • ✓ Unlimited Research Summaries
  • ✓ Personalised Alerts
  • ✓ Custom Watchlists
  • ✓ Company Data and News
  • ✓ Events & Webinars