Antony Waste Handling Cell Share Price

The company has tied up the equity portion and 70-75 per cent of the project cost will be funded through debt

• Business Line
• 1 month 3 weeks ago

Waste Management company Antony Waste Handling Cell announced Q3FY26 results Total Operating Revenue for Q3FY26 stood at Rs 240 crore. EBITDA for Q3FY26 stood at Rs 50 crore. EBITDA margin for Q3FY26 stood at 18.4%. Sales of Refuse Derived Fuel (“RDF”) for Q3FY26 reached ~37,840 tonnes. Sales of Compost for Q3FY26 reached ~4,359 tonnes. Jose Jacob, Chairman & Managing Director, Antony Waste Handling Cell, said: “We are pleased to report yet another strong quarter with operating revenue reaching to Rs 240 crore marking a growth of 9% on a year-on-year basis. This performance reflects the adaptability of our business model, which continues to demonstrate consistent execution across our portfolio. Revenue growth was attributed to higher volumes across our project sites along with contractual tariff-led escalations. Operating margins for the quarter were impacted primarily due to higher employee costs, which is a normal phenomenon in Q3 on account of the Company’s annual appraisal and incentive cycle, along with incremental manpower additions to support a significant increase in volumes at select Collection & Transportation (C&T;) sites. Additionally, we continued to strengthen our focus on sustainability and circular economy outcomes during the period. In the quarter, the Company sold ~37,840 tonnes of Refuse Derived Fuel and ~4,359 tonnes of compost, reflecting steady progress in resource recovery initiatives. For the nine-month period, cumulative Refuse Derived Fuel sales stood at ~1,33,661 tonnes, while compost sales aggregated ~14,217 tonnes, underscoring the scale and consistency of our waste-to-resource conversion efforts. The Company has successfully completed the merger of AG Enviro Infra Projects Private Limited with Antony Waste Handling Cell Limited, effective December 31, 2025, following approval from the Hon’ble NCLT. This consolidation enables us to leverage combined assets for greater economies of scale, streamline operations, boost organizational effectiveness, and optimize cash flow management. Overall, the merged structure strengthens our balance sheet, eliminates inter-corporate dependencies, and equips us to allocate capital more efficiently toward growth initiatives, ultimately enhancing shareholder value. Our recent project wins further reinforce our leadership position in India’s urban waste management ecosystem. The award of two large Collection & Transportation contracts by the BMC significantly expands our footprint in Mumbai, increasing our operational coverage from 2 wards to 7 wards through a strategic consortium structure led by AG Enviro Infra Projects Private Limited, a wholly owned subsidiary of the Company, holding a 51% stake, alongside M/s. Jigar Transport Company (29%) and M/s. M. K. Enterprises (20%). With a combined revenue potential of ~Rs 1,330 crore over a seven-year tenure. These contracts enhance long-term revenue visibility and provide annuity-like cash flows, while enabling operating leverage through fleet optimization, route rationalization, and seamless integration with transfer station infrastructure. Additionally, our subsidiary Antony Lara Enviro Solutions Private Limited, has been awarded a 10-year Design, Build, Operate and Transfer (DBOT) concession by the Thane Municipal Corporation (TMC) for setting up and operating a municipal solid waste pre-processing and stabilization facility with a capacity of ~600–800 tonnes per day. This development represents a meaningful expansion of our waste processing capabilities. The project is supported by a fully reimbursable capital investment of ~Rs 67 crore from TMC and further strengthens our position in RDF generation, landfill diversion, and environmentally compliant legacy waste remediation, while being firmly aligned with sustainability and circular economy objectives. As we move forward, our strategic focus remains firmly anchored on operational excellence, capital efficiency, ESG-led growth and deepening partnerships with Municipal Corporations. We believe these initiatives positions the Company to deliver sustainable and long-term value for all stakeholders while contributing meaningfully to India’s clean and circular urban future.” Result PDF

• Trendlyne
• 3 months 4 weeks ago

Till 02:01 PM on Friday; a combined 3.37 million equity shares representing 11.87 per cent of total equity shares of Antony Waste Handling Cell had changed hands on the NSE and BSE.

• Business Standard
• 4 months 2 weeks ago