Stock Report

Antony Waste Handling Cell Ltd announces business update for Q1FY26



Posted On : 2025-07-15 20:14:50( TIMEZONE : IST )

Antony Waste Handling Cell Ltd announces business update for Q1FY26

Antony Waste Handling Cell Limited has announced the Business Update for the quarter ended June 30, 2025 ("Q1FY26"):

The Company reached new performance peak across operational verticals, further cementing its position as a leader in sustainable urban waste management. The core operating revenue for the quarter grew by 11% YoY, supported by increased volumes and contractual escalations, demonstrating the strength and resilience of its business model.

Total tonnage managed reached new highs to 1.33 million tonnes, with Processing approximately 0.81 million tonnes, up 13% year-on-year (YoY) and Collection & Transportation (C&T) managing 0.52 million tonnes-a robust 10% YoY increase. This growth was driven by steady improvements in operational efficiency, favourable seasonal trends, and ramp-up of operations at the CIDCO bio-mining site. This reinforces our ongoing commitment to optimising throughput and enhancing material recovery rates.

The Waste-to-Energy (WtE) plant maintained a plant load factor (PLF) of approximately 84%, meeting both managements and technical vendor's expectations and underscoring the reliability and efficiency of energy recovery operations.

A key highlight this quarter was the group's record sales of compost and refuse-derived fuel (RDF), demonstrating our focus on circularity in waste management. Compost sales reached around 6,600 tonnes, up 10% YoY, while RDF sales surged by an impressive 62% YoY to approximately 55,500 tonnes. These results showcase Company's ability to maximize resource recovery and support the alternative energy market.

A significant strategic achievement was realized with the successful commercial launch of Extended Producer Responsibility (EPR) initiative within the Waste-to-Energy (WtE) division. The PCMC WtE project has now been officially registered to qualify for EPR credits through its plastic processing operations. In the first quarter, we began monetising these credits, generating revenue by selling 20% of the more than 94,400 metric tons of EPR credits allocated for the first year of operations. This accomplishment not only advances Company's sustainability objectives but also establishes a new revenue stream for the division. The rollout of the EPR initiative demonstrates Company's commitment to responsible waste management and positions it as a leader in the evolving circular economy landscape.

The information provided herein is on a consolidated basis and subject to a limited review by the management team.

Further, updates on these efforts will be provided at the end of every quarter throughout the current financial year.

Shares of Antony Waste Handling Cell Limited was last trading in BSE at Rs. 648.80 as compared to the previous close of Rs. 645.75. The total number of shares traded during the day was 10019 in over 741 trades.

The stock hit an intraday high of Rs. 663.50 and intraday low of 643.70. The net turnover during the day was Rs. 6539836.00.

Source : Equity Bulls

Keywords

AntonyWasteHandlingCell INE01BK01022 BusinessUpdate Q1FY26