Q4 2026 Antony Waste Handling Cell Ltd Earnings Call Transcript
Key Points
- Antony Waste Handling Cell Ltd (BOM:543254) celebrated its 25th anniversary, marking significant progress in India's waste management landscape.
- The company reported a 9% increase in FY26 operating revenue, reaching INR920 crore, with Q4 revenue up 14% to INR254 crore.
- Antony Waste Handling Cell Ltd secured two waste-to-energy projects in Andhra Pradesh and new contracts in Mumbai and Thane, expanding its project portfolio.
- The company's EBITDA margins remained stable at around 22% for both Q4 and the full year, reflecting disciplined cost management.
- The order book reached an all-time high of INR18,000 crore, providing exceptional revenue visibility and confidence in sustained growth.
- The company experienced approximately 90 days of planned and reparative shutdowns, resulting in a lower plant load factor (PLF) of 56%.
- Rising fuel and labor costs pose challenges, although the company has escalation clauses in contracts to mitigate these pressures.
- Employee expenses and other costs increased by 19% and 17%, respectively, impacting overall profitability.
- The company's PAT growth has been relatively flat over the past five years, attributed to higher interest and depreciation costs.
- The construction and demolition waste sector faced delays due to procedural issues, affecting volume growth.
Ladies and gentlemen, good day, and welcome to Antony Waste Handling Cell Limited Q4 FY26 earnings conference call. This conference call may contain forward-looking statements about the company, which are based on the beliefs, opinions and expectations of the company as on date of this call. These statements are not the guarantees of future performance and involve risks and uncertainties that are difficult to predict. (Operator Instructions) Please note that this conference is being recorded.
I now hand the conference over to Mr. Subramanian, N. G., group CFO from Antony Waste Handling Cell Limited. Thank you, and over to you, Mr. Subramanian.
Thank you. Good afternoon, everyone. Thank you for joining us for our Q4 FY26 earnings conference call. I'm joined today by our Investor Relations Advisors, SGA. Our investor presentation for Q4 FY26, which is now available on the stock exchanges and on the website.
Before I turn to our performance, I want to step back and
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