Antony Waste Handling Q1 FY27: Tonnage up 5.4%, Refinances Loan
Antony Waste Handling Cell Ltd reported a steady operational performance for Q1 FY27, with total tonnage managed increasing by 5.4% YoY to 1.40 million tonnes. Collection & Transportation volumes rose 5.1% YoY to 0.55 million tonnes, and Processing volumes grew 5.5% YoY to 0.85 million tonnes. Core revenue saw a growth of approximately 7%. The company also successfully refinanced a term loan for its subsidiary, Antony Lara Renewable Energy Private Limited, reducing the interest rate from 10.25% to 8.25%, expected to lower interest burden and enhance free cash flow. A significant event occurred post-Q1 FY27 on July 8, 2026, when a natural calamity (heavy rainfall) caused a waste mass collapse at the PCMC Waste-to-Energy Facility, leading to structural damage and tragically, the loss of nine lives. The company has committed substantial support to the bereaved families. The MRF and composting plant are operational, with efforts underway for a phased restart of the remaining facility.
Key Highlights
- Total tonnage managed grew 5.4% YoY to 1.40 million tonnes in Q1 FY27.
- Core revenue increased by approximately 7% YoY.
- Subsidiary term loan refinanced, reducing interest rate by 200 basis points.
- Tragic natural calamity at PCMC WtE facility resulted in fatalities.
- Company committed significant financial and employment support to affected families.
Price Impact
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