NSEUpdates17 Oct 2026 · 17 Oct 2026, 10:50 pm
Updates
Antony Waste Handling Cell Limited · AWHCL
✦ AI SummaryResults
Antony Waste Handling Cell Limited has reported a resilient quarter despite heavy monsoon and temporary suspension of energy operations at the Pimpri Chinchwad (PCMC) Waste-to-Energy (WtE) facility. Total tonnage managed grew 0.8% YoY to 1.28 million tonnes, with collection & transportation volumes rising 11.5% YoY. Processing volumes were lower due to the suspension of WtE operations at PCMC, but adjusted for this, they grew 3.3% YoY. Core revenue remained stable YoY, with C&T revenue growing 12% YoY.
Analysis Scores
Earnings Impact6/10
Growth Catalyst4/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10
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Full Announcement
Antony Waste Handling Cell Limited has informed the Exchange regarding '' Business Update for quarter and half year ended September 30, 2026
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CIN: L90001MH2001PLC130485West) - 400601 Phone: 022 – 4213 0300 | Email:
Ref.: AW/COMP/SE/2026-27/56 Date: October 17, 2026
To, To,
Listing Department Listing Department
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers Exchange Plaza, Plot No.C-1,
Dalal Street, Fort Block G, Bandra-Kurla Complex,
Mumbai – 400001 Bandra (E), Mumbai - 400051
Scrip Code: 543254 Symbol: AWHCL
Dear Madam/Sir,
Sub. : Business Update for quarter and half year ended September 30, 2026
R ef. : Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations
2015 (“SEBI Listing Regulations”)
In accordance with SEBI Listing Regulations and Code of Practices and Procedures for Fair
Disclosure of Unpublished Price Sensitive Information in terms of Regulation 8 of SEBI (Prohibition
of Insider Trading) Regulations, 2015, the following is the Business Update for the quarter ended
September 30, 2026 (“Q2 & H1 FY27”):
Operational Highlights
Q2FY27 was a quarter of resilience for the Company. Despite an exceptionally heavy monsoon and
the temporary suspension of energy operations at the Pimpri Chinchwad (PCMC) Waste-to-Energy
(WtE) facility, total tonnage managed grew ~0.8% year-on-year (YoY) to approximately 1.28 million
tonnes. Collection & Transportation (C&T) volumes rose ~11.5% YoY to ~0.60 million tonnes, led by
the ramp-up of the newly commenced C&T operations in Mumbai awarded by Brihanmumbai
Municipal Corporation (BMC) and higher volumes from existing C&T operations, including those at
Navi Mumbai, Panvel and Noida.
Processing volumes stood at ~0.68 million tonnes, ~7.2% lower YoY, primarily on account of the
suspension of WtE operations at PCMC. Adjusting the PCMC WtE facility from Q2 FY26, processing
volumes grew by ~3.3% YoY, supported by a ~70% YoY increase in volumes at the Construction &
Demolition (C&D) waste processing facility in Mumbai. For the first half of the fiscal year, the total
tonnage stood at ~ 2.71 million tonnes representing growth of ~ 4.5% on YOY basis.
Core revenue remained broadly stable YoY (~1% lower), due to the absence of power sales from
the PCMC WtE facility, which was largely offset by ~12% YoY growth in C&T revenue. Excluding
power sales from the base quarter, core revenue grew ~2% YoY, underscoring the strength and
diversity of the Company’s contract portfolio. For the first half of the fiscal year, core revenue
growth stood at ~ 3.8%.
Registered Office: A-59, Road No. 10, Wagle Industrial Estate, Thane (West) – 400604, Maharashtra, India
Phone: 022 – 3544 9555 | Email: info@antonywaste.in | Website: www.antony-waste.com
CIN: L90001MH2001PLC130485West) - 400601 Phone: 022 – 4213 0300 | Email:
RDF sold during the quarter rose ~23% YoY to ~49,000 tonnes. Compost sold stood at ~2,000 tonnes
(~38% lower YoY), reflecting seasonally subdued demand during the monsoon months and the
temporary disruption at the PCMC facility. No power was generated during the quarter (Q2 FY26:
~14.0 million units) owing to the suspension of energy operations at the PCMC WtE facility.
PCMC WtE Facility – Incident and Restoration Update
As disclosed in the Company’s Business Update for Q1 FY27, the quarter witnessed an unfortunate
and tragic incident at the PCMC WtE facility operated by the Company’s material subsidiary, Antony
Lara Renewable Energy Private Limited (“ALREPL”). On July 8, 2026, excessive and incessant
monsoon rainfall caused a legacy waste landfill located adjacent to the facility — outside the
Company’s operational perimeter — to collapse onto the site, resulting in severe structural damage
and the tragic loss of nine lives. The Company once again extends its heartfelt condolences to the
bereaved families.
Efforts to bring the WtE facility back into operations are going on in close coordination with PCMC
and the relevant authorities. All Original Equipment Manufacturers (OEMs) have been working
diligently alongside the Company’s project and operations teams on the inspection, repair and
recommissioning of the affected equipment and systems. Based on current progress, the WtE
facility is expected to be functional by December 2026.
In the interim, Material Recovery Facility (MRF) and composting operations at the site have
resumed, processing ~33,600 tonnes of waste during the quarter. Collection and Transportation
services across all project sites, including PCMC, continued uninterrupted.
Support to Bereaved Families
The Company continues to honour, in full, the commitments made to the families of the deceased
and to the injured employees, as disclosed in the Q1 FY27 Business Update, including financial
assistance, employment to the next of kin, educational support for minor children, and medical
coverage for the injured.
The safety and well-being of every employee remain the Company’s highest and most non-
negotiable priority. Further updates on the restoration of the WtE facility will be provided at the end
of every quarter throughout the current financial year.
Thanking you,
For Antony Waste Handling Cell Limited
Harshada Rane
Company Secretary and Compliance Officer
A34268
Registered Office: A-59, Road No. 10, Wagle Industrial Estate, Thane (West) – 400604, Maharashtra, India
Phone: 022 – 3544 9555 | Email: info@antonywaste.in | Website: www.antony-waste.com