Antony Waste Handling Cell Ltd

Antony Waste Handling Cell announced a strategic partnership with Japan-based JFE Engineering Corporation for two (2) Waste to Energy plants in Andhra Pradesh. This marks the first Japanese foreign direct investment (FDI) into India's Waste-to-Energy (WTE) sector and JFE Engineering Corporation's entry into India's waste management market. As part of the partnership, JFE Engineering will invest approximately '750 million to acquire a 25% equity stake in Antony Waste's Waste to-Energy two (2) special purpose vehicle(s) (SPVs), with the remaining 75% held by Antony Waste. Further, JFE Engineering India will undertake the Engineering, Procurement and Construction of both Waste to Energy plants. The investment is being made specifically into the SPVs developing the Kadapa and Kurnool Waste-to-Energy projects in Andhra Pradesh, reinforcing a project-level partnership structure aligned with long-term execution and value creation. This investment marks a significant milestone in the India-Japan strategic partnership on sustainable infrastructure, aligned with the broader India-Japan Joint Vision 2025, which targets '10 trillion of Japanese investment into India's priority sectors.

In a regulatory filing made during market hours today, the company said that Antony Lara Enviro Solutions has entered into share subscription agreement and shareholders' agreement with JFE Engineering Corporation, Japan, for an investment of over 750 million yen in two special purpose vehicles (SPVs), namely Kadapa Renew Energy and Kurnool Renew Energy. The aforementioned SPVs have been incorporated for setting up of two waste-to-energy (WtE) projects in Andhra Pradesh. The proposed investment shall be made through a primary issuance of shares by the aforesaid SPVs, pursuant to which JFE Engineering Corporation will acquire a minority equity stake of 25% in each of the SPVs. Antony Waste Handling Cell is engaged in the business of mechanical power sweeping of the roads and collection & transportation of municipal solid waste. The company had reported 27.03% fall in consolidated net profit to Rs 11.50 crore despite an 8.12% rise in revenue to Rs 262.44 crore in Q3 FY26 as compared with Q3 FY25.

Antony Lara Enviro Solutions (Antony Lara), a material subsidiary of Antony Waste Handling Cell, has approved and entered into Share Subscription Agreement and Shareholders' Agreement with JFE Engineering Corporation, Japan (JFE) for an investment over ' 750 Million in two Special Purpose Vehicles (SPVs), namely Kadapa Renew Energy and Kurnool Renew Energy, incorporated for setting up of two Waste-to-Energy Project in Andhra Pradesh. The proposed investment shall be made through a primary issuance of shares by the aforesaid SPVs, pursuant to which JFE Engineering Corporation will acquire a minority equity stake of 25% in each of the SPVs. Presently, both the SPVs are wholly owned subsidiaries of Antony Lara. Upon consummation of the transaction, the shareholding structure of the SPVs shall be 75% held by Antony Lara and 25% by JFE, and accordingly, the SPVs shall cease to be wholly owned subsidiaries of Antony Lara. The investment in both the SPVs will be made by Antony Lara and JFE in the aforesaid ratio.

Net profit of Antony Waste Handling Cell declined 27.03% to Rs 11.50 crore in the quarter ended December 2025 as against Rs 15.76 crore during the previous quarter ended December 2024. Sales rose 8.12% to Rs 262.44 crore in the quarter ended December 2025 as against Rs 242.74 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales262.44242.74 8 OPM %16.2821.42 - PBDT35.1443.43 -19 PBT13.1025.35 -48 NP11.5015.76 -27 Powered by Capital Market - Live

Antony Waste Handling Cell will hold a meeting of the Board of Directors of the Company on 30 January 2026.Powered by Capital Market - Live

The key equity benchmarks traded near the opening levels in morning trade. Market participants will closely monitoring rupee movement, FII activity, IPO-related developments, and global cues. The Nifty traded above the 26,150 mark. Metal shares extended gains for a fifth consecutive trading session. At 10:25 ST, the barometer index, the S&P BSE Sensex declined 67.43 points or 0.08% to 85,504.02. The Nifty 50 index advanced 0.10 points or 0.0% to 26,172.75. In the broader market, the S&P BSE Mid-Cap index shed 0.01% and the S&P BSE Small-Cap index added 0.35%. The market breadth was weak. On the BSE, 2,220 shares rose and 1,392 shares fell. A total of 237 shares were unchanged. New Listing: Shares of KSH International were currently trading at Rs 360.55 at 10:14 IST on the BSE, representing a discount of 6.11% as compared with the issue price of Rs 384. The stock debuted at Rs 370 on the BSE, exhibiting a discount of 3.65% over the issue price. So far, the stock has hit a high of 370 and a low of 355. On the BSE, over 3 lakh shares of the company were traded in the counter so far. Buzzing Index: The Nifty Metal index jumped 0.62% to 10,735. The index rallied 2.59% in the five consecutive trading sessions. NMDC (up 2.47%), Hindustan Copper (up 2.43%), Welspun Corp (up 1.78%), Lloyds Metals & Energy (up 1.72%) and Hindustan Zinc (up 1.32%), National Aluminium Company (up 0.95%), Jindal Steel (up 0.76%), Jindal Stainless (up 0.73%), Steel Authority of India (up 0.6%) and Hindalco Industries (up 0.47%) surged. Stocks in Spotlight: Antony Waste Handling Cell surged 6.59% after the company announced that its arm, Antony Lara Enviro Solutions, has secured a contract worth Rs 329.45 crore for the development of a mixed solid waste processing plant in Maharashtra. Glenmark Pharmaceuticals advanced 1.64%. The company said that its wholly owned subsidiary, Glenmark Pharmaceuticals Inc., USA, has announced the launch of Epinephrine Injection USP, 30 mg/30 mL (1 mg/mL) Multiple-Dose Vial in the United States.Powered by Capital Market - Live

The contract has been awarded by the Thane Municipal Corporation (TMC), Thane, Maharashtra. According to an exchange filing, the project involves the establishment of a 600 to 800 tonnes-per-day (TPD) mixed solid waste processing plant on a design, build, operate and transfer (DBOT) basis on land owned by TMC at Atkoli in Bhiwandi taluka. The scope of work also includes comprehensive operation and maintenance of the facility for a period of 10 years. The total capital expenditure for the project is estimated at Rs 67 crore, which will be reimbursed by TMC upon achievement of milestones as stipulated in the tender documents. The company clarified that neither its promoters nor members of the promoter group have any interest in the awarding authority and that the transaction does not qualify as a related-party transaction under applicable regulatory norms. Antony Waste Handling Cell is engaged in the business of mechanical power sweeping of the roads and collection & transportation of municipal solid waste. The company's consolidated net profit rose 12.9% to Rs 13.65 crore on a 16.5% rise in revenue from operations to Rs 257.65 crore in Q2 FY26 over Q2 FY25. Powered by Capital Market - Live

The contracts were secured through a joint venture comprising AG Enviro Infra Infra Projects (51%), Jigar Transport Company (29%) and M.K. Enterprises (20%). Under the contracts, the JV will handle approximately 650 MT per day from A, B, C & D wards and 600 MT per day from N, S & T wards, supplying owned new vehicles for the next seven years. The total value of the contracts is around Rs 1,330 crore. The company clarified that neither promoters nor promoter group have any interest in BMC, and the contracts do not qualify as related-party transactions. Antony Waste Handling Cell is engaged in the business of mechanical power sweeping of the roads and collection & transportation of municipal solid waste. The company's consolidated net profit rose 12.9% to Rs 13.65 crore on 16.5% rise in revenue from operations to Rs 257.65 crore in Q2 FY26 over Q2 FY25. Powered by Capital Market - Live

Antony Waste Handling Cell announced that one of its subsidiary, AG Enviro Infra Projects has been awarded two contracts of Collection & Transportation of MSW in the city of Mumbai by Brihanmumbai Municipal Corporation. The contracts were awarded to consortium/Joint Venture of AG Enviro Infra Projects (51%), M/s. Jigar Transport Company (29%) & M/s. M. K. Enterprises (20%). The first contract valued at Rs 684 crore for a period of 7 years entails, collection & transportation of approximately 650 M.T. Per Day from A, B, C & D Wards of Mumbai City. The second contract valued at Rs 646 crore for a period of 7 years is for collection & transportation of approximately 600 M. T. Per Day from N, S & T Wards of Mumbai City. Powered by Capital Market - Live

Net profit of Antony Waste Handling Cell rose 12.90% to Rs 13.65 crore in the quarter ended September 2025 as against Rs 12.09 crore during the previous quarter ended September 2024. Sales rose 16.46% to Rs 257.65 crore in the quarter ended September 2025 as against Rs 221.24 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales257.65221.24 16 OPM %19.3819.25 - PBDT41.6736.25 15 PBT20.1719.11 6 NP13.6512.09 13 Powered by Capital Market - Live