Antony Waste Handling Cell Ltd
Antony Waste Handling Cell Ltd is engaged in the business of mechanical power sweeping of roads, collection and transportation of waste, waste to energy project and undertake the designing, construction, operation and maintenance of the integrated waste management facility in Kanjurmarg, Mumbai.[1]
It is one of the top five players in the Indian municipal waste management industry with a track record of ~20 years.[2]
- Market Cap ₹ 1,281 Cr.
- Current Price ₹ 451
- High / Low ₹ 682 / 372
- Stock P/E 112
- Book Value ₹ 132
- Dividend Yield 0.00 %
- ROCE 10.2 %
- ROE 3.73 %
- Face Value ₹ 5.00
Pros
- Company is expected to give good quarter
- Debtor days have improved from 327 to 108 days.
Cons
- Stock is trading at 3.42 times its book value
- Company has low interest coverage ratio.
- Company has a low return on equity of 2.63% over last 3 years.
- Dividend payout has been low at 4.15% of profits over last 3 years
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 40 | 50 | 53 | 59 | 57 | 54 | 55 | 55 | 53 | 35 | 640 | |
| 34 | 36 | 38 | 46 | 46 | 39 | 41 | 46 | 46 | 34 | 565 | |
| Operating Profit | 7 | 14 | 15 | 13 | 11 | 15 | 14 | 10 | 7 | 2 | 75 |
| OPM % | 16% | 27% | 29% | 22% | 19% | 27% | 25% | 17% | 13% | 5% | 12% |
| 3 | 9 | 5 | 8 | -15 | 6 | 16 | 15 | 4 | 30 | 12 | |
| Interest | 7 | 6 | 8 | 8 | 7 | 5 | 4 | 4 | 4 | 3 | 31 |
| Depreciation | 3 | 3 | 4 | 3 | 2 | 2 | 2 | 4 | 2 | 3 | 43 |
| Profit before tax | -1 | 13 | 8 | 10 | -14 | 15 | 24 | 17 | 6 | 26 | 14 |
| Tax % | -2% | 0% | 0% | 2% | 0% | 4% | 22% | 26% | -13% | 6% | 20% |
| -1 | 13 | 8 | 10 | -14 | 14 | 19 | 13 | 6 | 24 | 11 | |
| EPS in Rs | -8.64 | 102.94 | 63.93 | 6.75 | -5.31 | 4.92 | 6.56 | 4.50 | 2.22 | 8.52 | 4.01 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 12% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 32% |
| 5 Years: | 64% |
| 3 Years: | 126% |
| TTM: | 1721% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 28% |
| 5 Years: | -4% |
| 3 Years: | -5% |
| TTM: | 566% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 6% |
| 3 Years: | 13% |
| 1 Year: | -32% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 5% |
| 3 Years: | 3% |
| Last Year: | 4% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 1 | 1 | 1 | 7 | 13 | 14 | 14 | 14 | 14 | 14 | 14 |
| Reserves | -74 | -66 | 52 | 65 | 65 | 156 | 175 | 189 | 198 | 223 | 360 |
| 178 | 176 | 59 | 54 | 37 | 32 | 31 | 27 | 40 | 21 | 263 | |
| 18 | 22 | 21 | 24 | 29 | 34 | 36 | 30 | 25 | 25 | 190 | |
| Total Liabilities | 124 | 134 | 134 | 150 | 143 | 236 | 256 | 260 | 276 | 282 | 827 |
| 14 | 15 | 14 | 12 | 9 | 7 | 5 | 3 | 27 | 25 | 284 | |
| CWIP | 0 | 3 | 0 | 0 | 0 | 0 | 0 | 3 | 2 | 2 | 2 |
| Investments | 36 | 36 | 36 | 36 | 36 | 76 | 76 | 76 | 77 | 79 | 69 |
| 74 | 80 | 83 | 103 | 98 | 153 | 175 | 178 | 170 | 177 | 472 | |
| Total Assets | 124 | 134 | 134 | 150 | 143 | 236 | 256 | 260 | 276 | 282 | 827 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 11 | -31 | 2 | -6 | 11 | 58 | 66 | |||||
| -0 | -38 | 3 | 17 | -14 | -12 | -4 | |||||
| -11 | 71 | -5 | -7 | 11 | -22 | -64 | |||||
| Net Cash Flow | 0 | 2 | -0 | 4 | 8 | 25 | -2 | ||||
| Free Cash Flow | 12 | -32 | 2 | -21 | -2 | 58 | 61 | ||||
| CFO/OP | 116% | -224% | 24% | -2% | 233% | 3,619% | 109% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 386 | 403 | 291 | 102 | 173 | 241 | 320 | 322 | 391 | 481 | 108 |
| Inventory Days | |||||||||||
| Days Payable | |||||||||||
| Cash Conversion Cycle | 386 | 403 | 291 | 102 | 173 | 241 | 320 | 322 | 391 | 481 | 108 |
| Working Capital Days | 321 | 73 | -25 | -278 | 67 | 485 | 599 | 594 | 298 | 319 | -18 |
| ROCE % | 18% | 15% | 15% | 9% | 12% | 13% | 10% | 4% | 2% | 10% |
Insights
In beta| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2026 | |
|---|---|---|---|---|
| Compost Sold Tonnes |
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| Number of Ongoing Projects Number |
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| Vehicle Fleet Number of vehicles |
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| Refuse Derived Fuel (RDF) Sold Tonnes |
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| Total MSW Managed Million Metric Tonnes (MMT) |
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| Order Book Rs. Crore |
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| WTE Green Units Generated (PCMC) Million Units |
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| WTE Plant Load Factor (PLF) % |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Strikes /Lockouts / Disturbances
3h - Heavy rainfall caused waste mound collapse at PCMC WtE Plant; rescue operations ongoing, no immediate material impact identified.
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Issuance Of Corporate Guarantee On Behalf Of Subsidiary Company
29 Jun - Antony Waste issued a ₹20 crore corporate guarantee for subsidiary Mumbai Eco Solutions to Kotak Mahindra Bank.
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Closure of Trading Window
27 Jun - Trading window closes from July 1, 2026 until 48 hours after Q1 FY27 results disclosure.
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Issuance Of Corporate Guarantee On Behalf Of Subsidiary Company
23 Jun - Company issued ₹50 crore guarantee for Antony Lara Enviro Solutions' credit facilities.
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
4 Jun - Please find attached intimation w.r.t transcript of earning held on June 01, 2026
Annual reports
Concalls
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Jun 2026Transcript PPT REC
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Feb 2026Transcript PPT
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Nov 2025Transcript PPT REC
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Aug 2025Transcript PPT
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Jun 2025Transcript PPT REC
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Feb 2025Transcript PPT REC
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Nov 2024Transcript PPT REC
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Aug 2024Transcript PPT
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Jun 2024Transcript PPT
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Apr 2024TranscriptPPTREC
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Feb 2024Transcript PPT
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Feb 2024TranscriptAI SummaryPPT
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Nov 2023Transcript PPT
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Aug 2023Transcript PPT REC
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May 2023Transcript PPT
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Feb 2023Transcript PPT
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Nov 2022Transcript PPT
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Aug 2022Transcript PPT
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Jun 2022Transcript PPT
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Feb 2022Transcript PPT
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Nov 2021Transcript PPT
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Sep 2021TranscriptPPT
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Aug 2021Transcript PPT
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Jul 2021Transcript PPT
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Feb 2021Transcript PPT
Business Profile
The company is a leader in India’s Municipal Solid Waste (MSW) management sector. It offers a range of MSW services, including the collection & transportation (C&T), processing, and disposal of solid waste, to Indian municipal corporations. [1]