TipRanks
Go Ultimate55% OFF

Antony Waste Handling Cell Ltd. (AWHCL) AI Stock Analysis

Top Page

IN:AWHCL

Antony Waste Handling Cell Ltd.

(NSE:AWHCL)

Select Model
Rating:55Neutral
Price Target:INR 284.00â–²(2.62% Upside)
Action:reiterated
Date:09/18/26

The score is primarily driven by decent but not strong financial performance—good revenue growth and improving leverage are offset by recent margin pressure and inconsistent free cash flow. Technicals are the largest detractor, with the price below key moving averages and negative MACD. Valuation is neutral-to-slightly supportive due to a moderate P/E, but the very low dividend yield limits upside from income/valuation support.

Positive Factors
Steady Revenue GrowthSustained revenue expansion indicates continued scaling of the municipal waste-management platform and broader execution of contracted services. A larger operating base can support investment in infrastructure and strengthen the company’s ability to pursue additional tenders over the next several quarters.
Negative Factors
Margin CompressionFalling net and EBITDA margins show that profitability is not keeping pace with the company’s revenue base. If this pressure persists, continued growth may generate less incremental earnings, constrain internal funding for expansion, and reduce the benefit of the company’s operating scale.

Antony Waste Handling Cell Ltd. (AWHCL) vs. iShares MSCI India ETF (INDA)

-50%-40%-30%-20%-10%0%10%20%IN:AWHCL-46.39%INDA-12.02%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
INR 10.01B
Dividend Yield
0.18%
Average Volume (3M)
11.14K
Price to Earnings (P/E)
13.4
Beta (1Y)
1.30
Revenue Growth
11.83%
EPS Growth
-31.77%
Country
India
Employees
10,316
Sector
General
Sector Strength
55
Industry
Waste Management

Antony Waste Handling Cell Ltd. Business Overview & Revenue Model

Company Description

Antony Waste Handling Cell Limited, together with its subsidiaries, engages in the provision of waste management related services in India. The company offers waste management solutions, such as mechanised and non-mechanised sweeping; municipal waste...

How the Company Makes Money

AWHCL primarily makes money by executing long-term municipal solid waste management contracts (typically awarded by municipal corporations/urban local bodies) where it is paid for providing specific waste-related services and for operating waste proc...

Antony Waste Handling Cell Ltd. Financial Statement Overview

Summary

Steady revenue growth and a reasonably healthy balance sheet are positives, but the quality of earnings is tempered by margin compression (net and EBITDA margins down in FY2026) and mixed cash generation. Operating cash flow is positive but weaker versus prior years, and free cash flow has been volatile despite turning positive in FY2026.

Income Statement

66Positive

Balance Sheet

70Positive

Cash Flow

52Neutral
Financial statement breakdown
BreakdownTTMMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue10.67B10.53B9.34B8.73B8.51B6.45B
Gross Profit7.05B5.99B5.47B5.12B2.83B6.44B
EBITDA2.12B2.36B2.44B1.92B1.65B1.66B
Net Income584.30M754.47M853.59M862.08M680.83M678.92M
Balance Sheet
Total Assets017.39B16.54B14.62B12.58B9.65B
Cash, Cash Equivalents and Short-Term Investments1.22B1.22B1.31B839.48M706.01M898.35M
Total Debt04.59B5.05B4.47B3.55B1.75B
Total Liabilities-9.15B8.24B8.35B7.44B6.42B4.32B
Stockholders Equity9.15B7.39B6.59B5.74B4.86B4.17B
Cash Flow
Free Cash Flow85.75M378.08M-538.17M-174.96M-1.78B-30.40M
Operating Cash Flow324.94M976.35M1.49B1.40B899.93M1.06B
Investing Cash Flow-229.78M-585.01M-1.50B-1.52B-2.60B-1.40B
Financing Cash Flow-575.05M-474.43M507.37M346.92M1.49B49.91M

Antony Waste Handling Cell Ltd. Technical Analysis

Technical Analysis SentimentNegative
Last Price276.75

Price Trends

50DMA351.88Negative
100DMA397.30Negative
200DMA442.36Negative

Market Momentum

MACD-22.41Positive
RSI20.96Positive
STOCH14.95Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:AWHCL, the sentiment is Negative. The current price of 276.75 is below the 20-day moving average (MA) of 319.05, below the 50-day MA of 351.88, and below the 200-day MA of 442.36, indicating a bearish trend. The MACD of -22.41 indicates Positive momentum. The RSI at 20.96 is Positive, neither overbought nor oversold. The STOCH value of 14.95 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:AWHCL.

Antony Waste Handling Cell Ltd. Peers Comparison

Overall Rating

UnderperformOutperform
Sector (55)

Financial Indicators

IN:AWHCL against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
IN:GREENPOWERIN:GREENPOWER61NeutralINR 10.55B16.33――-0.14%8.27%
Sector *55Neutral$6.65B3.83-15.92%6.20%10.91%7.18%
IN:AWHCLIN:AWHCL55NeutralINR 7.85B13.43―0.18%11.83%-31.77%
IN:RACEIN:RACE51NeutralINR 1.79B22.93――4.43%1.09%
IN:GODAVARIBIN:GODAVARIB44NeutralINR 10.42B6797.00――7.00%―

* General Sector Average

Performance Comparison

-60%-40%-20%0%20%IN:AWHCLIN:GODAVARIBIN:GREENPOWERIN:RACEDec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
IN:AWHCL and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
IN:AWHCLAntony Waste Handling Cell Ltd.276.75-245.53-47.01%
IN:GODAVARIBGodavari Biorefineries Limited203.55-64.80-24.15%
IN:GREENPOWEROrient Green Power Company Ltd8.99-5.36-37.35%
IN:RACERace Eco Chain Ltd.104.00-111.00-51.63%

Antony Waste Handling Cell Ltd. Corporate Events

Antony Waste Shows Resilience Amid PCMC Plant Shutdown and Monsoon Impact

Oct 17, 2026

Antony Waste Handling Cell reported a resilient performance for the quarter ended September 30, 2026, with total waste handled rising about 0.8% year-on-year to 1.28 million tonnes despite heavy monsoon conditions and the temporary suspension of ener...

Antony Waste to Meet Analysts and Institutional Investors on September 23

Sep 17, 2026

Antony Waste Handling Cell Ltd. has informed the exchanges that company officials will participate in an investors conference organized by JM Financial Services on September 23, 2026, holding one-on-one and group meetings with analysts and institutio...

Antony Waste Holds 25th AGM, Reinforces Governance and Compliance

Aug 20, 2026

Antony Waste Handling Cell Ltd. held its 25th Annual General Meeting on August 20, 2026, via video conferencing and other audio-visual means in compliance with Ministry of Corporate Affairs guidelines and the Companies Act, 2013. In the absence of Ch...

Antony Waste Handling Cell Publishes Q1 FY27 Investor Presentation

Aug 11, 2026

Antony Waste Handling Cell Ltd. has released an investor presentation detailing its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, and made the document available on its corporate website for shareholders...

Antony Waste posts Q1 revenue growth but margins and profit slump

Aug 11, 2026

Antony Waste Handling Cell Limited reported total operating revenue of ₹260 crore for Q1 FY27, up 6% year-on-year, driven by higher municipal solid waste collection, transportation and processing volumes and tariff-led escalations. However, EBI...

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Sep 18, 2026