| Management target | Revenue 20.0% |
|---|
| Revenue growth | Q2 revenue +25% YoY to ₹321 Cr; ~₹40 Cr one-time escalation included. |
|---|---|
| Margins | EBITA margin 17.6% Q2, 17.2% H1; recovery guided FY28-29. |
| Order book | ~₹18,000 Cr order book; no peer or execution ratio given. |
| Demand visibility | Order book ~₹18,000 Cr; pipeline bids, tenders timing post-November. |
| Management confidence | Balanced to over-optimistic; repeatedly calls margin dips 'temporary'. |
Growth
Q2 +25% YoY; H1 +15%. ~₹40 Cr one-time escalation inflates revenue; ~₹27 Cr ECL charge hits opex.
Outlook
Guides ~20% revenue CAGR over 3–5 years; reported EBITA softer from low-margin contract revenue ~₹300 Cr FY28.
Risks
Moshi offline; DSO 114 days; 17.6% margin doesn't reconcile with ₹58 Cr/₹321 Cr; core-EBITA redefinition.
Last quarter's promises, checked
Delivered
- Guided ₹22–24 Cr impairment → ~₹20 Cr exceptional (= BEAT)
Partly delivered
- Guided 6–9% base + 10–15% new growth → H1 +15% (= PARTIAL)
- Guided margin slight improvement from 16.8% → Q2 EBITA 17.6%, not like-for-like (= PARTIAL)
- Guided cost of debt trending lower from 10.1% → ~10% (= PARTIAL)
Missed
- Guided WtE restart Oct 2026 → targeted Dec 2026 (= MISS)
- Guided processing growth via Atkoli/BMC → processing volume -7% (= MISS)
Earnings Call Transcript filed with NSE, NSE: AWHCL. Summary written with AI assistance from the document.
Antony Waste Handling Cell Ltd: key numbers
- Share price
- ₹304.45
- Market cap
- ₹864.1 Cr
- Revenue (annual)
- ₹1,053 Cr
- Net profit (annual)
- ₹75.45 Cr
- P/E (TTM)
- 20.1×Sector 21.9×
- 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 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.
Antony Waste Handling Cell Business Update
Antony Waste released its Q2 FY27 business update, reporting stable core revenue and total tonnage growth despite monsoon-related operational challenges at the PCMC facility.