- Annual Revenue rose 32%, in the last year to Rs 876.6 Crores. Its sector's average revenue growth for the last fiscal year was 26%. - Annual Net Profit rose 0.3% in the last year to Rs 68.1 Crores. Its sector's average net profit growth for the last fiscal year was 49%. - Quarterly Revenue fell 5.6% YoY to Rs 227.3 Crores. Its sector's average revenue growth YoY for the quarter was -16.5%. - Quarterly Net profit fell 21.3% YoY to Rs 18.3 Crores. Its sector's average net profit growth YoY for the quarter was -16.7%.
It is one of the top five players in the Indian municipal waste management industry with a track record of 20 years. Antony Waste Handling Cell Ltd is engaged in the business of mechanical power sweeping of roads, collection and transportation of waste, waste to energy project and undertake the designing, construction, operation and maintenance of the integrated waste management facility in Kanjurmarg, Mumbai.
During FY22, the Co. increased activity from its new contracts in Varanasi, Noida, Jhansi, New Delhi Municipal Corporation, increasing its geographical presence in 9 states in India through ongoing and completed projects. The Co. is the 2nd largest player in India.
Trade active
⋅
Comment
⋅
Target 1 Achieved and is on song for the next few.
Waste handling, very underrated sector. Mostly everybody ignores it thinking the business model is to just pickup and segregate garbage but it's more than that and waste management is the most neglected sector but in the coming years it's going to be a necessity to manage waste and recycle it. SAF is another big thing which would benefit this sector once the government starts amending policies on it
CuriousChartist
⋅
@sandeshprabhu85, Yes, the other day when you wrote about SAF and waste management, the only stock that came to my mind was AWHCL. Kept tracking it and looks good for a buy and forget type of investment.
sandeshprabhu85
⋅
@CautiousChartist, Indeed
ANKITHSHAJU
⋅
Ys.its a good one
CuriousChartist
⋅
@ANKITHSHAJU, Waste management companies have a good potential going forward in India.
ANKITHSHAJU
⋅
@CautiousChartist, yeah...I have also posted the chart of AWHCL with a proper explanation