Antony Waste Handling Cell (AWHCL) Q4 19/20 earnings summary

Executive summary

• Operated 17 ongoing MSW projects: 11 collection and transportation, 2 processing projects including WTE, and 4 mechanized sweeping; 1 project was upcoming. The portfolio served municipal customers across India.

• Consolidated revenue rose to ₹45,051 lakh from ₹28,369 lakh; net profit was ₹4,715 lakh versus ₹3,151 lakh. Standalone results were a ₹1,358 lakh net loss versus ₹965 lakh profit.

Financial highlights

• Consolidated PBT was ₹6,694 lakh versus ₹4,685 lakh; total comprehensive income was ₹4,599 lakh versus ₹3,148 lakh.

• Standalone revenue was ₹5,651 lakh versus ₹5,861 lakh; total income fell to ₹5,941 lakh from ₹6,644 lakh.

• Standalone exceptional expense of ₹1,779 lakh contributed to the pre-tax loss; items included doubtful-receivable allowances and withdrawn-IPO costs, partly offset by a municipal settlement gain.

• Consolidated exceptional expense was ₹1,822 lakh; components included a ₹2,083 lakh doubtful-receivable allowance, ₹642 lakh IPO costs and ₹883 lakh gain on municipal settlement.

Outlook and guidance

• Unsatisfied contract revenue of ₹35,447 lakh was expected to be recognized 20%–25% in the next reporting period, depending on project progress, with the balance over the following 2–3 years.

• The project portfolio and growth priorities included contract wins, stronger execution capabilities, and selective expansion into additional geographies and markets.