FY22Q3 concall notes:
- Pipavav: LPG jetty work for handling VLGC is expected to completed by June 2022 (extended from April 2022)
- Kandla: Targeting 1 MT gas volumes in first year of operations (assuming commercialization goes smoothly)
- Haldia: Recovered significant volume due to HPCL ramp up, should be back to pre BPCL exit volumes in 2 quarters (revised from earlier guidance of March 2023)
- Mumbai: Current throughput capacity is only 1.1 MTPA, this will increase to 1.5 MTPA only in FY23
- Autogas division: Not happy with the current volumes and want to improve it, EBITDA margins have been maintained at 10’000/ton
- Liquid division margins largely vary b/w 65-70% (depending on the kind of liquids stored)
Disclosure: Invested (position size here)