Incorporated in 2001, Antony Waste Handling Cell Limited is one of the leaders in India's Municipal Solid Waste Management (MSW) industry. The business is offering a full spectrum of MSW services i.e. solid waste collection, processing, transportation, and its disposal across the country. It also plays a leading position in the landfill construction and management sector.

The company's key business operations include MSW C&T, MSW processing, and Mechanized sweeping project. As of August 31, 2020, Antony Waste has 17 MSW C&T, 2 MSW processing, and 4 mechanized sweeping ongoing projects. The company is undertaking many projects of Navi Mumbai Municipal Corporation (NMMC), Thane Municipal Corporation (TMC), Pimpri Chinchwad Municipal Corporation (PCMC), Mangaluru Municipal Corporation (MMC), New Okhla Industrial Development Authority (NOIDA), and Greater Noida Industrial Development Authority (GNIDA). It has a waste processing plant at the Kanjurmarg site.

Key Business Activities:

1. MSW C&T Project: MSW collection from commercial establishments, households, and community bins.
2. MSW Processing Project: Sorting and segregating waste from MSW C&T through composting, shredding, recycling, etc.
3. Mechanized sweeping Project: Deploying power sweeping machines, maintenance, consumables, safe waste disposal, and others to complete cleaning operations.

Competitive Strengths:

Leading player in the MSW management industry.
Consistent track record of MSW project execution.
Diversified project portfolio.
Latest technology tools, vehicles, and equipment
Experienced team of promoters.

Company Promoters:

Jose Jacob Kallarakal, Shiju Jacob Kallarakal, and Shiju Antony Kallarakkal are the promoters of the company.

Company Financials:

Particulars	For the year/period ended (₹ in Million)
Summary of financial Information (Restated Consolidated)	31-Mar-20	31-Mar-19	31-Mar-18
Total Assets0	6,721.03	5,126.38	4,280.70
Total Revenue	4,646.11	2,985.18	2,907.78
Profit After Tax	620.76	346.82	398.84

Objects of the issue:

The company proposes to utilize funds towards the following objects:

• To finance PCMC WTE Project through investment in subsidiaries
• To pay-off company's consolidated borrowings by infusing debt in Subsidiary-AG Enviro
• To meet general corporate purposes.

( Read Detailed Report )

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