Antony Waste Handling Cell Ltd Share Price – NSE /  BSE

Miscellaneous, Small Cap

Net profit of Antony Waste Handling Cell declined 4.16% to Rs 17.51 crore in the quarter ended June 2024 as against Rs 18.27 crore during the previous quarter ended June 2023. Sales rose 2.24% to Rs 226.97 crore in the quarter ended June 2024 as against Rs 221.99 crore during the previous quarter ended June 2023.

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Mallcom (India) Ltd, Cyber Media (India) Ltd, Lambodhara Textiles Ltd and Jasch Gauging Technologies Ltd are among the other losers in the BSE's 'B' group today, 29 July 2024.

Antony Waste Handling Cell Ltd lost 8.33% to Rs 807.2 at 14:31 IST.The stock was the biggest loser in the BSE's 'B' group.On the BSE, 60269 shares were traded on the counter so far as against the average daily volumes of 1.11 lakh shares in the past one month.

Mallcom (India) Ltd crashed 7.50% to Rs 1393.9. The stock was the second biggest loser in 'B' group.On the BSE, 4110 shares were traded on the counter so far as against the average daily volumes of 5185 shares in the past one month.

Cyber Media (India) Ltd tumbled 6.66% to Rs 28.88. The stock was the third biggest loser in 'B' group.On the BSE, 34808 shares were traded on the counter so far as against the average daily volumes of 22461 shares in the past one month.

Lambodhara Textiles Ltd corrected 6.39% to Rs 174.95. The stock was the fourth biggest loser in 'B' group.On the BSE, 41719 shares were traded on the counter so far as against the average daily volumes of 11320 shares in the past one month.

Jasch Gauging Technologies Ltd plummeted 5.73% to Rs 665.05. The stock was the fifth biggest loser in 'B' group.On the BSE, 14320 shares were traded on the counter so far as against the average daily volumes of 6714 shares in the past one month.

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Antony Waste Handling Cell will hold a meeting of the Board of Directors of the Company on 8 August 2024.

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During the quarter, the waste to energy plant, at Pimpri, has achieved plant load factor (PLF) of 89% as compared to around 71% achieved in its inaugural full quarter of operation Q4FY24.

In the first quarter, the company handled 1.18 million tonnes of waste, up about 6% on a YoY basis after adjusting the finalisation of the Mangalore C&T project and completion of the GNIDA biomining project last year. Within the C&T business segment in Q1 FY25, the company efficiently handled 0.47 million tonnes, showcasing a notable growth of 4% compared to corresponding period of the previous year. Additionally, company’s waste processing division adeptly managed 0.71 million tonnes.

Total core operating revenue, which includes tipping revenue from C&T & Waste Processing, and revenue from the sale of power, the company witnessed an improvement of 11% in Q1 FY25 compared to the corresponding period of the previous year. This improvement accounts for various escalations in tipping fees and revenues from fixed shifts, trips, and household fees.

The waste management company also beginning to see steady contributions from its new C&T project at Panvel and power sweeping projects in Nagpur and PCMC; and additionally, revenue from the sale of power from its WtE project.

Moreover, the firm’s momentum remains robust as it continues to report strong circular-based operational metrics with the sale of refuse derived fuel (RDF), reaching 34,000 tonnes during Q1 FY25, an increase of 23% in the corresponding period last year.

The company reported compost sales amounted to 6,000 tonnes for Q1 FY25, steeply higher than 2,800 tonnes sold in the corresponding period of the previous year.

Antony Waste Handling Cell is leading player in the Indian Municipal Solid Waste Management industry with an established track record of more than two decades, providing full spectrum of MSW services which includes solid waste collection, transportation, processing and disposal services across India, majorly catering to municipalities.

The company’s consolidated net profit stood at Rs 27.50 crore in Q4 FY24, steeply higher than Rs 9.56 crore recorded in Q4 FY23. Net sales stood at Rs 210.18 crore in Q4 FY24, up 4.2% year on year.

The counter hit an-all time high at Rs 620.45 in today’s intraday session.

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