Antony Waste Handling Cell Ltd — earnings calls

Antony Waste Handling Cell reported Q1 FY27 revenue growth of 6% year-on-year to Rs 269 crores, while EBITDA fell 27% year-on-year to Rs 45 crores with margin compressing to 16.8% due to higher operating expenses, employee costs, and a one-time transportation cost deferral. Management described a tragic incident at its PCMC Waste-to-Energy facility in July involving a legacy waste mound collapse that killed nine people, leading to a temporary suspension of WtE operations and an expected impairment charge of Rs 22-24 crores. The company also disclosed refinancing of the Antony Lara Renewable Energy term loan from 10.25% to 8.25% and a new Rs 243 crore, 5-year contract win from the Greater Noida Industrial Development Authority.

Antony Waste Handling Cell reported FY26 operating revenue of Rs.920 crores, up 9%, with Q4 revenue at Rs.254 crores, up 14%, driven by higher volumes, contractual tariff escalation and project execution. EBITDA margins held at around 22% for both Q4 and the full year, while full-year PAT was Rs.92 crores and Q4 PAT was Rs.37 crores, both affected by a one-time income in the prior year comparative. Management highlighted an order book of Rs.18,000 crores as of March 2026, new waste-to-energy and collection contracts secured during the year, and a maiden dividend of Rs.0.50 per equity share.