| Revenue growth | 6% YoY in Q1FY27. |
|---|---|
| Margins | EBITDA margin softened to 16.8% from 24.4% YoY. |
| Order book | 30 ongoing projects across 10 states. |
| Demand visibility | High; municipal waste generation expected to double in 5 years. |
| Management confidence | Stable due to 7.7-23 year average contract durations. |
Growth
Revenue grew 6% YoY to ₹268.8 Cr; however, EBITDA fell 27% to ₹45 Cr and PAT dropped 97% to ₹0.7 Cr.
Outlook
Ongoing transition to higher-margin waste-to-energy projects (PCMC plant) and expanded C&T projects in Mumbai and North India.
Risks
Significant margin compression in Q1FY27 (EBITDA margin 16.8% vs 24.4% YoY) and rising finance costs.
Last quarter's promises, checked
Delivered
- Guided 20% to 22% EBITDA margin → delivered 22% in FY26 (= BEAT)
- Guided Maiden Dividend → delivered Rs.0.50 per share (= BEAT)
- Guided net debt reduction → delivered Net Debt/Equity 0.3x (= BEAT)
Partly delivered
- Guided Rs.18,000 Cr order book → delivered 30 ongoing projects (= PARTIAL)
Missed
- Guided 20% to 22% EBITDA margin → delivered 16.8% in Q1FY27 (= MISS)
- Guided 15% to 20% revenue CAGR → delivered 6% YoY growth (= MISS)
Investor Presentation filed with BSE, NSE: AWHCL. Summary written with AI assistance from the document.
Antony Waste Handling Cell Ltd: key numbers
- Share price
- ₹318.90
- Market cap
- ₹905.1 Cr
- Revenue (annual)
- ₹1,053 Cr
- Net profit (annual)
- ₹75.45 Cr
- P/E (TTM)
- 21.1×Sector 21.7×
- Promoter holding
- 46.09%+0.00% QoQ
- FII holding
- 10.75%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Antony Waste Handling Cell Ltd
All →Antony Waste Handling Cell Earnings Call Transcript: Key Takeaways
Record Q2 revenue ₹321 Cr (+25%) includes ~₹40 Cr one-time escalation; ₹27 Cr ECL and ₹20 Cr exceptional depress margins. Moshi still offline; DSO 114 days.
- Call
- Guides 20% growth
Antony Waste Handling Cell Management Change
Antony Waste Handling Cell noted the completion of three independent directors' tenures on 11 December 2026. It also approved three new Independent Directors from 12 December 2026, subject to shareholder approval.
- Execution
- Appointments of 5 consecutive years from 2026-12-12
Antony Waste Handling Cell Q2 FY27 Results: Net Loss of ₹1.7 Cr
Antony Waste Handling Cell Ltd reported revenue from operations of ₹321.2 Cr (+24.6% YoY) and a net loss of ₹1.7 Cr for Q2 FY27.
- Key figure
- Net loss ₹1.7 Cr
Antony Waste Handling Cell Debt & Borrowing: ₹5.04 Cr
Antony Waste Handling Cell issued a Rs.5.04 Crore corporate guarantee to Kotak Mahindra Bank for Mumbai Eco. It is a contingent liability on Mumbai Eco's repayment.
- Value
- ₹5.04 Cr
Antony Waste Handling Cell Debt & Borrowing: ₹9.89 Cr
Antony Waste Handling issued a Rs 9.89 Crore corporate guarantee to Kotak Mahindra Bank for subsidiary Mumbai Eco Solutions. The guarantee is a contingent liability for the company.
- Value
- ₹9.89 Cr
Antony Waste Handling Cell Board Meeting Date
Antony Waste Handling Cell will hold a board meeting on 05 November 2026 to consider unaudited standalone and consolidated results for the quarter and half year ended 30 September 2026. The trading window reopens 48 hours after the results are disclosed.