Aegis Logistics is in the Transport & Logistics sector.
Image: company website
The current market capitalization stands at INR 2,363.89 crore. The company works as India’s leading oil, gas, and chemical logistics company.
They believe in delivering superior customer service with a focus on quality, safety, and environmental standards. Aegis Logistics Ltd. was incorporated in 1956 and is listed in BSE since 1978. It is also listed on NSE. CARE has credited it with Rating 1 under LPG Regulations & Supply and Distribution Order. Bharat petroleum, HP, Reliance, TATA Steel, Shell are some of its key industry partners. Aegis has been in the policy of continuous improvement via the use of Lean six sigma and “5S” techniques. It has really helped in improving environmental standards, operational efficiency and quality performance. Aegis group id determined to meet the HSE i.e. Health, Safety and Environment standards as an essential component in their mission statement. Aegis group handles more than 700,000MT of LPG per annum and this is expected to rise as demand for energy in country increases. The EPC – Engineering, Procurement and Construction service division is deployed to provide expert solutions to its Liquid and Gas Terminals as outsourced service. In 2009 Aegis Logistics had an alliance with Essar Oil Ltd having a reciprocal arrangement where both companies agreed to sell fuel of other company at their respective retail outlets. Aegis is the sponsor of ANarDe foundations working towards eradication of poverty through various rural development programs. The company's strategy is to build a 'necklace' of port terminals around India's coastline from Pipavav to Haldia to Kochi. They are also working to develop a retail distribution network across the country for LPG business.