This document is an investor presentation filed under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, providing unaudited financial results for the quarter ended June 30, 2026 (Q1FY27).

Financial Performance (Consolidated)

Profit & Loss Statement (₹ in Crores):

  • Total Revenue: ₹268.8 Cr in Q1FY27 vs ₹254.4 Cr in Q1FY26 (6% YoY growth)
  • Revenue Breakdown:
  • MSW Collection & Transportation: ₹166.3 Cr (10% YoY growth)
  • MSW Processing: ₹74.7 Cr (3% YoY growth)
  • Other operating income: ₹19.1 Cr (14% YoY decline)
  • Contract & Others: ₹8.7 Cr
  • EBITDA: ₹45.0 Cr vs ₹62.1 Cr in Q1FY26 (27% YoY decline)
  • EBITDA Margin: 16.8% vs 24.4% in Q1FY26
  • Finance Cost: ₹21.4 Cr vs ₹15.9 Cr in Q1FY26
  • Profit Before Tax: ₹1.3 Cr vs ₹25.6 Cr in Q1FY26 (95% YoY decline)
  • PAT: ₹0.7 Cr vs ₹23.0 Cr in Q1FY26 (97% YoY decline)
  • PAT for Owners of the Company: ₹0.8 Cr vs ₹17.8 Cr in Q1FY26 (96% YoY decline)
  • EPS: ₹0.27 vs ₹6.27 in Q1FY26

Expense Analysis:

  • Employee Cost: ₹91.1 Cr vs ₹77.3 Cr in Q1FY26
  • Other Expenses: ₹131.9 Cr vs ₹113.7 Cr in Q1FY26
  • Project Expenses: ₹0.8 Cr vs ₹1.2 Cr in Q1FY26

Operational Highlights

Business Scale:

  • Handles 8,330 tonnes of municipal solid waste per day
  • Serves 4.82 million+ households and establishments daily
  • 2,639 vehicle fleet (2,484 with GPS tracking)
  • 10,946 full-time employees
  • Operates in 10 states with 40+ completed and ongoing projects
  • Manages Asia's largest single location waste processing plant

Business Segments:

1. Door-to-Door Collection

2. Transportation

3. Segregation (5,000+ TPD capacity)

4. Landfill Management (Kanjurmarg facility: 6,000 TPD)

5. Resource Recovery (1.77 lakh tonnes RDF supplied in FY26)

6. Composting (15,500+ tonnes sold in FY26)

7. Waste-to-Energy (3 integrated plants)

Revenue Diversification:

  • MSW C&T: 19 ongoing contracts, average duration 7.7 years
  • MSW Processing: 6 waste processing + 1 C&D contracts, average duration 23 years
  • DBOOT projects: 5 projects + 4 mechanical sweeping projects

Credit Rating

Antony Waste Handling Cell:

  • CARE BBB+ (Stable) for ₹13.5 Cr Working Capital Limits
  • CARE A3+ for ₹22.0 Cr Bank Guarantee

Antony Lara Enviro Solutions:

  • CRISIL A-/Watch Developing for ₹32.8 Cr Term Loan
  • CRISIL A2+/Watch Developing for ₹0.2 Cr Overdraft
  • CRISIL A2+/Watch Developing for ₹25.0 Cr Bank Guarantee

Antony Lara Renewable Energy:

  • CRISIL BBB+/Watch Developing for ₹152.0 Cr Term Loan
  • CRISIL BBB+/Watch Developing for ₹8.0 Cr Cash Credit
  • CRISIL A2/Watch Developing for ₹12.0 Cr Bank Guarantee

Historical Financial Performance (Consolidated)

FY26 Highlights:

  • Total Revenue: ₹1,084.1 Cr
  • PAT: ₹91.7 Cr
  • PAT Margin: 8.5%
  • Net Debt/Equity: 0.3x
  • Capital Employed: Not quantified in disclosure

Strategic Focus

  • Cluster-based approach for growth (11 projects in MMR, 6 in NCR)
  • Focus on waste-to-energy segment with assured raw material availability
  • Bio-mining segment development for legacy dump site reclamation
  • Expansion in urban/semi-urban areas with limited counterparty risk
  • Technology adoption and operational efficiency improvements

ESG Performance

  • CRISIL ESG Score: 54
  • SES ESG Score: 65.2
  • Contribution to Sustainable Development Goals oversight