| Metric | Value (₹ Cr) | vs Q3 FY25 |
|---|---|---|
| Revenue | 242.66 | 0.0% |
| Total Income | 249.55 | 0.1% |
| Expenditure | 225.02 | 0.5% |
| PBT | 48.42 | 91.0% |
| Net Profit | 45.99 | 155.1% |
| OPM | 30.87% | 36.73pp |
| NPM | 18.43% | 11.20pp |
| EPS | 14.10 | 153.6% |
Antony Waste Reports Q4FY25 Revenue of ₹ 223 Crore, EBITDA of ₹ 58 Crore; Flagship WtE Plant Delivers 82% PLF in FY25
30 May 2025 · 30 May 2025, 09:04 am
Summary
Antony Waste Handling Cell Limited, a leading player in the Indian Municipal Solid Waste Management Industry, announced its financial results for the quarter and year ended March 31, 2025. The company's flagship Waste-to-Energy (WtE) plant at Pimpri-Chinchwad Municipal Corporation (PCMC) delivered an impressive Plant Load Factor (PLF) of approximately 82%. Antony Waste achieved a 96% recycling rate in its Construction & Demolition (C&D) waste recycling project. The company reported an EBITDA margin of 23% for the year.
Key Highlights
- 1
Antony Waste reported Q4FY25 revenue of ₹ 223 Crore, representing a y-o-y growth of 14%
- 2
EBITDA for Q4FY25 was ₹ 58 Crore, representing a y-o-y growth of 33%
- 3
EBITDA margin for Q4FY25 stood at 23%, an improvement of ~300 bps y-o-y
- 4
Sales of Refuse Derived Fuel (RDF) for Q4FY25 reached ~45,200 tonnes, representing a y-o-y growth of 8%
- 5
Sales of Compost for Q4FY25 reached ~4,500 tonnes, representing a y-o-y growth of 165%
- 6
Antony Waste's Construction & Demolition (C&D) waste recycling project attained a 96% recycling rate
- 7
Antony Waste's flagship WtE plant at Pimpri-Chinchwad Municipal Corporation (PCMC) delivered a PLF of approximately 82% in FY25
- 8
Revenue for FY25 grew by 7% and EBITDA rose by 9% to reach ₹ 220.2 crore
- 9
Cash PBT increased by 16% to ₹ 188.4 crore in FY25
- 10
Antony Waste achieved record annual sales for both Compost and Refuse Derived Fuel (RDF) in FY25
Management Comments
Jose Jacob
For the quarter ended March 2025, the Company delivered a robust performance, with revenue increasing by 15% year-on-year and EBITDA climbing 33%, supported by enhanced operational efficiency at our WtE plant. Profit before tax (PBT) has nearly tripled, primarily due to significant gains from favourable order of Bombay High court, underscoring our commitment to contractual integrity. For the full fiscal year 2025, revenue grew by 7% and EBITDA rose by 9% to reach ₹ 220.2 crore, resulting in an EBITDA margin of 23%, consistent with our stated guidance. However, PBT before exceptional items declined by 13%, reflecting higher interest and depreciation expenses following the commissioning of our WtE and Construction & Demolition (C&D) projects. Notably, cash PBT increased by 16% to ₹ 188.4 crore, further strengthening our financial flexibility. This strong financial foundation positions us well to consolidate our recent investments in C&D and WtE technologies and paves the way for accelerated growth in the coming periods.
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