Fin Cascade

Prices as of 8 Oct 2026 close · Not investment advice

Antony Waste Handling Cell Limited

NSE: AWHCLWaste Management

Share price

₹339.25

-2.71% close of 8 Oct 2026

Market cap ₹950 CrP/E 15.8

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 7 Oct 2026, the close above is 8 Oct 2026.

Business score

How strong the business is, in one number. The parts behind it are in Pro.

66

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹950 Cr

P/E ratio

15.8

P/B ratio

1.3

ROCE

11.2%

ROE

10.9%

Dividend yield

0.1%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 8 Oct 2026 close52-week high ₹593.1052-week low ₹339.25

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Sales grew 11.8% over the past year, and 15.8% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales slipped from 21.2% to 17.5% over the last four years.

Whether it grew faster than its sector

It grew 15.8% a year against a sector median of 13.4% — 2.4 percentage points faster.

Room to re-rate, or risk of de-rating

At 15.8× earnings against a market that pays 23.9× across 2199 companies we can price. Its own industry sits at 24.0×, across 4 companies. It is against its own five-year median of 18.1×, the 40th percentile of its own range.

Whether growth justifies the valuation

Priced at 5.3 times its growth rate, on earnings growth of 3%.

Profit growthPrice per ₹1 profitPer 1% growth
Antony Waste Handling Cell Limited — this one3%/yr15.8×₹5.3
Refex Industries Limited28%/yr12.2×₹0.44
EMS Limited-6%/yr26.5×—
Eco Recycling Limited79%/yr32.6×₹0.41
Concord Enviro Systems Limited54%/yr——
Race Eco Chain Limited73%/yr21.5×₹0.29

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Waste Management), it ranks 4 of 6 on returns, 3 of 6 on growth, 3 of 6 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

No durable advantage shows in the numbers: it earns 11.2% on capital, ahead of 33% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

No — Over the last five years it made ₹666 crore of cash from the business but spent ₹788 crore on plant and equipment, ₹122 crore more than it made; the gap was mostly borrowed — borrowings rose from ₹175 crore to ₹459 crore. And the profit is real: of every 100 rupees it reported over 11 years, about 152 arrived as cash — well above the profit; depreciation and interest are the reason, not a windfall. Its cash comes back faster than it used to: it went from being waiting 7 days for its cash to paid 16 days before it paid its own suppliers.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

7 of 9 checks clear · 78%

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Announced 10 Aug 2026 · Consolidated · Unaudited

Revenue

₹261 Cr

Revenue vs last year

+5.7%

Revenue vs last quarter

-8.7%

Net profit

₹1 Cr

Profit vs last year

-96.7%

Profit vs last quarter

-98.0%

Net margin

0.3%

EPS

₹0.27

Earnings call transcript · 11 Aug 2026

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹950 Cr
Prev close
₹339.25
52w High
₹605
52w Low
₹335
Enterprise value
₹1,294 Cr
Beta
1.2
Price CAGR 1y
-34.0%
Price CAGR 3y
-4.0%
Price CAGR 5y
0.0%
Price CAGR 10y
—

Ratios

Return on assets
5.3%
PEG ratio
5.5
P/E ratio
15.8
P/B ratio
1.3
EV / EBITDA
6.9
Industry P/E
23.1
ROCE
11.2%
ROCE 5y average
14.4%
ROE
10.9%
Debt / Equity
0.6
Interest coverage
2.5
Dividend yield
0.1%
ROE 3y average
12.0%
ROE last year
11.0%

Annual P&L

Annual revenue
₹1,053 Cr
Annual profit
₹92 Cr
Operating margin
20.0%
Net profit margin
8.7%
EBITDA margin
19.6%
Sales growth 3y
7.2%
Sales growth 5y
17.8%
Profit growth 3y
3.0%
Profit growth 5y
11.0%
EPS
₹26.6
Sales growth TTM
12.0%
Profit growth TTM
-13.0%
Dividend payout
2.0%

Quarter P&L

Sales latest quarter
₹261 Cr
Profit latest quarter
₹1 Cr
YoY quarterly sales growth
5.5%
YoY quarterly profit growth
-96.8%
OPM latest quarter
14.3%

Balance Sheet

Book Value
₹264
Face Value
₹5.0
Total debt
₹459 Cr
Total cash
₹123 Cr
Borrowings
₹459 Cr
Reserves / Equity
51.8

Cash Flow

Operating cash flow
₹143 Cr
Free cash flow
₹83 Cr
FCF yield
2.4%
Net cash flow
-₹9 Cr

Shareholding

Promoter holding
46.1%
FII holding
13.1%
DII holding
3.4%
Public holding
37.4%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
Refex Industries266.3512.83,6530.5664.6145.4916.3160.422.7
EMS328.9526.81,8260.4615.5-59.1157.2-34.212.8
Antony Waste han348.7016.99860.140.7-95.7261.05.511.2
Namo eWaste372.8559.58530.007.4135.9107.329.321.3
Eco Recyc.424.2534.18190.249.211.216.275.230.8
Effwa Infra341.5027.67900.2918.520.3163.131.329.3
Z-Tech (India)471.5019.07010.004.133.229.142.320.0
Median266.3521.47010.007.420.3107.329.318.8

Competes with: Concord Enviro Systems Limited, EMS Limited, Eco Recycling Limited, Race Eco Chain Limited, Refex Industries Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales222224217210227221243243247258262286261
Expenses175173173174178179191192192207220229224
Material Cost000000
Change in Inventories0-1201200
Purchases of Stock-in-Trade0120000
Employee Cost797786869791
Other Expenses113115122122131133
Operating Profit47514436494352515551435737
OPM %21232017221921212220162014
Other Income5.265.355.587.355.885.946.46317.066.446.89117.84
Exceptional items (within Other Income)2400000
Interest76.871114131215151615141521
Depreciation11111516171718182122222222
Profit before tax3538231326192548262013311.33
Tax %351833-1341720295.021014-12-2044
Net Profit2332163021151846231715370.74
EPS in Rs6.469.774.519.696.174.265.55146.264.814.05110.27
Diluted EPS in Rs146.274.814.05110.27

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales2202442762844514656488548669341,0531,067
Expenses154175206207325350500706693738847879
Material Cost00
Change in Inventories00
Purchases of Stock-in-Trade012
Employee Cost291346
Other Expenses448489
Operating Profit67697076126115148148173195206188
OPM %302825272825231720212018
Other Income261415-416182029493032
Exceptional items (within Other Income)240
Interest242123253028202740566166
Depreciation181713182431333953708687
Profit before tax2737494867711131021091189065
Tax %161618273092017815-2
Net Profit23314035476490851001019270
EPS in Rs134214225191116242430302721
Diluted EPS in Rs3027
Dividend Payout %00000000002

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
17%
5 years
18%
3 years
7%
TTM
12%

Compounded profit growth

10 years
16%
5 years
11%
3 years
3%
TTM
-13%

Stock price CAGR

10 years
—
5 years
0%
3 years
-4%
1 year
-34%

Return on equity

10 years
—
5 years
13%
3 years
12%
Last year
11%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital111713141414141414
Reserves-41-20119143211334403472560645725
Borrowings298281153185209154175355447505459
Other Liabilities6790149168243279352397429478538
Minority Interest160176
Total Liabilities3253534225036777819441,2381,4501,6421,735
Fixed Assets11711641166259253238309662721732
CWIP51861062314661250415639
Investments00000000000
Other Assets157151275315404521645680747866964
Total Assets3253534225036777819441,2381,4501,6551,739

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity5863363110811210590140188143
Cash from Investing Activity-24-4414-54-116-33-140-260-152-148-56
Cash from Financing Activity-17-45-301114-45149357-96
Net Cash Flow18-2621-12675-30-222248-9
Free Cash Flow321639-32193-4-177-14-1184

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days1211345972707010092106104112
Cash Conversion Cycle1211345972707010092106104112
Working Capital Days8383-88-86-7-8761-21-16
ROCE %21242026182015141211

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters464646464646464646464646
FIIs141212111110111313121513
DIIs6.106.086.615.144.014.424.703.683.683.723.393.38
Public343535383839383737383637
Others00.170.090.070.070.060.060.060.040.040.040.02
No. of Shareholders50,36850,35349,66652,53272,60581,42883,87281,26980,65782,39278,82279,076

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year -35.4% (₹525.50 → ₹339.25)Brick size ₹14.50 (fixed)Bricks 65
₹400₹500₹339Nov '25Jan '26Mar '26May '26Jul '26Sep '26
Price moved up one brickPrice moved down one brickLast close ₹339.25 on 8 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

FY revenue / permanent employees + workers, same basis (calc)

10,20,744inr

2026-03-31

volume growth %

5.00pct

2026-06-30

News

News and filings about Antony Waste Handling Cell Limited. Open one to see why it matters.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Uses as raw material

  • High Speed Diesel (HSD)
  • Lubricants & vehicle spare parts

Depends on the price of

  • diesel

Sells to

  • Jhansi Smart City Ltd · MSW management services
  • Mangaluru City Corporation · MSW management services
  • Municipal Corporation of Greater Mumbai · MSW collection, transportation & processing services
  • Navi Mumbai Municipal Corporation · MSW door-to-door collection & transportation (Rs 908 cr, 9-year contract)
  • New Okhla Industrial Development Authority (NOIDA) · MSW management services
  • North Delhi Municipal Corporation · MSW collection & transportation services
  • Pimpri Chinchwad Municipal Corporation · Waste-to-Energy processing (Moshi WTE plant)
  • Thane Municipal Corporation · MSW preprocessing & stabilization (DBOT, 10-year concession)

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Utilities
Industry
Waste Management
Classification
Utilities › Waste Management
ISIN
INE01BK01022

Plants

  • Kanjurmarg MSW Processing Complex · Mumbai (Kanjurmarg), Maharashtra
  • Moshi Waste-to-Energy Plant · Pimpri-Chinchwad (Moshi), Maharashtra
  • Navi Mumbai C&T Operations · Navi Mumbai, Maharashtra
  • Thane MSW Preprocessing Facility · Thane, Maharashtra

News impact

Big market events that reach Antony Waste Handling Cell Limited, and how the effect spreads.

No recent market events reach this company.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

13 Aug 2026unspecified₹0.5

Splits, bonuses & buybacks

  • daily-prices repair: 8 rows from NSE's archive (replace 2, delete 1, insert 5), 2023-11-12..2026-02-01 (docs/flat_day_repair.md)1× · 12 Nov 2023

Bulk & block deals

DateWhoBought / soldSharesPrice
17 Sep 2026MICROCURVES TRADING PRIVATE LIMITEDSELL4,05,649₹385.97
17 Sep 2026MICROCURVES TRADING PRIVATE LIMITEDBUY4,05,649₹385.59
17 Sep 2026JUNOMONETA FINSOL PRIVATE LIMITEDSELL3,54,907₹385.60
17 Sep 2026JUNOMONETA FINSOL PRIVATE LIMITEDBUY3,53,156₹385.29
17 Sep 2026NK SECURITIES RESEARCH PRIVATE LIMITEDBUY2,32,011₹385.06
17 Sep 2026NK SECURITIES RESEARCH PRIVATE LIMITEDSELL2,32,011₹385.24
17 Sep 2026SILVERLEAF CAPITAL SERVICES PRIVATE LIMITEDBUY1,81,593₹385.75
17 Sep 2026SILVERLEAF CAPITAL SERVICES PRIVATE LIMITEDSELL1,81,593₹385.65

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.