Antony Waste Handling Cell Announces Q1FY27 Results; Revenue Reaches ₹ 260 Crore

Antony Waste Handling Cell Announces Q1FY27 Results; Revenue Reaches ₹ 260 Crore​

Antony Waste Handling Cell Limited (AWHCL), a leading player in India's Municipal Solid Waste Management industry with 25 years of experience, announced its financial results for the quarter ended June 30, 2026.

The company reported Total Operating Revenue of ₹ 260 crore for Q1FY27. Jose Jacob, Chairman and Managing Director of AWHCL, stated that the revenue performance reflects the resilience of the business model and consistent execution across the portfolio, driven by higher volumes at project sites and contractual tariff escalations.

During the quarter, EBITDA stood at ₹ 45 crore. The profitability moderation was attributed primarily to elevated operating expenses, including vehicle hiring and transportation costs associated with the CIDCO plant. Furthermore, waste disposal transportation activities from Q4FY26 were undertaken during Q1FY27, resulting in higher transportation costs and an incremental expense of approximately ₹ 10 crore.

PAT for the quarter was recorded at ₹ 0.7 crore. This figure was impacted by a one-time expense of ₹ 7 crores related to the strategic refinancing of Antony Lara Renewable Energy's term loan. This initiative successfully reduced the interest rate by 200 basis points (bps), from 10.25% to 8.25%, with expectations for recurring interest savings and reduced finance burden moving forward.

Financial Performance Highlights​

The consolidated financial results provide a clear view of operational performance across the quarter, compared to Q1FY26:

Key Operational Metrics​

Operationally, the company delivered steady growth across its segments and portfolio. Q1FY27 saw C&T and Processing volumes grow approximately 5% and 6% year-over-year (YoY) to approximately 0.55 million tonnes and 0.85 million tonnes, respectively. Overall, total MSW handled in Q1FY27 grew by about 5% YoY to roughly 1.40 million tonnes.

Other operational metrics included:

• RDF sales de-grew approximately 28% YoY to around 40,000 tonnes.
• Compost sales remained stable YoY at approximately 6,000 tonnes.

AWHCL remains focused on disciplined execution and operational efficiency, supported by a strong order book and an expanding project pipeline.

Company Profile​

Antony Waste Handling Cell Limited is established as a primary player in the Indian Municipal Solid Waste Management industry. With over two decades of experience, the company provides full-spectrum MSW services including solid waste collection, transportation, processing, and disposal across India, largely serving municipalities. The company pioneered both MSW collection and transportation in the country and holds expertise in landfill construction and management.

AWHCL is actively focused on emerging waste management areas such as Waste-to-Energy (WtE). Key assets include the largest single location waste processing plant in Asia at Kanjurmarg, Mumbai. Additionally, the PCMC Waste-to-Energy facility is noted as the first Waste-to-Energy Plant in Maharashtra selling power under Green Energy Open Access Rules. The company has also secured two new WtE projects in Kadapa and Kurnool in Andhra Pradesh, furthering its commitment to sustainable waste management solutions.

AWHCL Stock Price Movement​

Shares of Antony Waste Handling Cell Limited are tumbling sharply in live trading, shedding 6.71% to trade at ₹389.35 as of 11:29 AM. The severe decline comes amid a volume of 417,885 shares, pushing the equity down to its 52-week low.