Antony Waste Handling Cell managed 1.28 million tonnes of waste in Q2FY27, marking a 0.8% year-on-year (YoY) increase. This growth occurred despite the temporary suspension of energy operations at the Pimpri Chinchwad (PCMC) Waste-to-Energy (WtE) facility due to structural damage from monsoon rainfall.

Collection and Transportation (C&T) volumes expanded 11.5% YoY to 0.60 million tonnes. The surge was driven by the ramp-up of new operations awarded by the Brihanmumbai Municipal Corporation (BMC) and higher volumes in Navi Mumbai, Panvel, and Noida. Conversely, processing volumes fell 7.2% YoY to 0.68 million tonnes, primarily attributed to the halt in WtE activities at PCMC.

Core revenue remained broadly stable, declining slightly by 1% YoY. The absence of power sales from the PCMC facility was largely offset by a 12% YoY rise in C&T revenue. Excluding power sales from the base quarter, core revenue grew 2% YoY, highlighting the resilience of the contract portfolio. For H1FY27, total tonnage reached 2.71 million tonnes, reflecting 4.5% growth.

Operational Metrics Overview

PCMC Facility Status and Restoration

The PCMC WtE facility, operated by material subsidiary Antony Lara Renewable Energy Private Limited, remains offline following an incident on July 8, 2026. Excessive monsoon rainfall caused a legacy waste landfill adjacent to the site to collapse, resulting in severe structural damage and tragic loss of life. No power was generated during the quarter, compared to 14.0 million units in Q2FY26.

Restoration efforts are underway in coordination with PCMC authorities. Original Equipment Manufacturers (OEMs) are inspecting and repairing affected systems. The facility is expected to be functional by December 2026. Interim operations, including Material Recovery Facility (MRF) and composting, resumed and processed 33,600 tonnes of waste during the quarter.

What the Numbers Show

The divergence between 11.5% growth in C&T volumes and 7.2% decline in processing volumes underscores a strategic shift in revenue composition. While the loss of power generation capacity temporarily suppresses high-margin energy revenue, the robust performance in C&T segments demonstrates effective contract diversification. Additionally, the 23% rise in Refuse Derived Fuel (RDF) sales partially mitigates the impact of the 38% drop in compost sales, indicating adaptive product mix management amidst seasonal and operational constraints.

Antony Waste Handling Cell will host an institutional investor meeting on September 23, 2026, at 2:00 pm. The company disclosed the schedule under Regulation 30 (6) of the SEBI Listing Regulations.

The event is organized by JM Financial Services Limited and will feature one-on-one and group discussions. Company officials will participate in the sessions, which are scheduled to begin at 2:00 pm onwards.

Meeting Details

Discussions during the meeting will be based strictly on publicly available information. The company noted that changes to the schedule may occur due to exigencies on the part of participants or the company.

Harshada Rane, Company Secretary and Compliance Officer, signed the disclosure filed with the BSE and NSE listing departments.