Antony Waste Reports ₹233 Crore Revenue in Q2FY26 Results
Filing Summary
Antony Waste Handling Cell Ltd announced its unaudited financial results for Q2FY26, reporting a total operating revenue of ₹233 crore, marking a 16% year-on-year increase. The company’s EBITDA for the quarter was ₹57 crore, reflecting an 18% growth. The EBITDA margin stood at 21.6%. Sales of Refuse Derived Fuel reached approximately 40,081 tonnes, while compost sales were around 3,251 tonnes. The company also highlighted its subsidiary’s acquisition of two Waste-to-Energy projects in Andhra Pradesh, valued at ₹3,200 crore over a 20-year concession period.
Antony Waste Handling Cell Ltd has released its unaudited financial results for the second quarter of FY26. The company reported a total operating revenue of ₹233 crore for Q2FY26, representing a 16% increase compared to the same period last year. The results include both standalone and consolidated figures, with the press release available on the company’s website.
The financial highlights for Q2FY26 include an EBITDA of ₹57 crore, which is an 18% increase year-on-year. The EBITDA margin for the quarter was recorded at 21.6%. The company’s Profit After Tax (PAT) stood at ₹17 crore, reflecting a 13% growth compared to Q2FY25. Revenue from Municipal Solid Waste Collection & Transportation (MSW C&T) was ₹161 crore, while revenue from MSW Processing was ₹72 crore.
Operationally, the company reported sales of approximately 40,081 tonnes of Refuse Derived Fuel (RDF) and around 3,251 tonnes of compost during the quarter. For the first half of FY26, RDF sales totaled approximately 95,820 tonnes, and compost sales were around 9,858 tonnes. These figures underscore the company’s ongoing efforts in waste-to-resource conversion and sustainable operations.
In the context of market activities, Antony Waste Handling Cell Ltd’s subsidiary, Antony Lara Enviro Solutions Private Limited, secured two significant Waste-to-Energy (WtE) projects in Andhra Pradesh. Each project has a capacity of approximately 15 MW, with a combined project value of ₹3,200 crore over a 20-year concession period. The projects were awarded by the New & Renewable Energy Development Corporation of Andhra Pradesh Ltd.
The company has also proposed a merger between its largest wholly-owned subsidiary, AG Enviro, and the publicly listed holding company. This merger is in its final stages, with the Hon’ble National Company Law Tribunal, Mumbai Bench, having admitted the Joint Company Scheme Petition.
Antony Waste Handling Cell Ltd is a prominent player in the Indian Municipal Solid Waste Management industry, providing a comprehensive range of services including solid waste collection, transportation, processing, and disposal. The company focuses on emerging waste management areas such as waste-to-energy and operates the largest single-location waste processing plant in Asia at Kanjurmarg, Mumbai.