AWHCL: Q4 & FY26 Business Update, Core Revenue Up 13%
Antony Waste Handling Cell Ltd (AWHCL) reported healthy operational performance for Q4 and the full financial year ended March 31, 2026. For Q4 FY26, Collection and Transportation (C&T) tonnage grew ~6%, processing tonnage jumped ~32%, and total municipal solid waste (MSW) handled rose ~23%. Core revenue expanded by 13% in both Q4 and FY26. For the full FY26, C&T tonnage grew ~9%, processing volumes increased ~19%, and total MSW managed climbed 15% to ~5.69 million tonnes. RDF sales hit a record ~177,000 tonnes, up ~20% YoY. The company also marked 25 years of MSW operations. A significant development is the strategic investment of ~¥750 million (~₹44 crore) by JFE Engineering Corporation, Japan, for a 25% equity stake in two of AWHCL's waste-to-energy (WtE) projects, enhancing technological credibility and de-risking execution.
Key Highlights
- AWHCL reported 13% core revenue growth for both Q4 and FY26.
- Q4 FY26 saw total MSW handled increase by ~23% year-over-year.
- FY26 full-year total MSW managed climbed 15% to ~5.69 million tonnes.
- JFE Engineering invested ~₹44 crore for 25% stake in two WtE projects.
- Partnership with JFE Engineering introduces advanced WtE technology.