Investor Presentation

Antony Waste Handling Cell reported an 8% YoY revenue increase to ₹269.3 Cr for Q3FY26 and an 11% rise to ₹787.8 Cr for the nine months ending December 31, 2025. MSW Collection & Transportation and Processing segments drove growth.

Q3 EBITDA saw a 15% dip to ₹49.6 Cr, and profit after tax (for owners) declined 27% to ₹11.5 Cr, but 9M EBITDA grew 4% to ₹168.9 Cr.

EPS for Q3 was ₹4.1. The company's strategy focuses on cluster-based expansion into new states and rational project selection, particularly in Waste-to-Energy (WTE), bio-mining, and selling recyclables/RDF.

Recent operational highlights include managing 1.42 MMT of waste in Q3, selling 37,840 tonnes of Refuse Derived Fuel, and generating 2.53 Mn+ green units from its PCMC WTE plant.

Management sees enormous growth potential in the Indian waste management industry, aiming for calibrated growth with viable projects and leveraging technology.