ABOUT ANTONY WASTE HANDLING CELL LTD.

Antony Waste Handling Cell Ltd. was incorporated in the year 2001. Its today's share price is
283.6. Its current market capitalisation stands at Rs 800.53 Cr. In the latest quarter, company
has reported Gross Sales of Rs. 540.2 Cr and Total Income of Rs.604.7 Cr. The company's
management includes Harshada Pradeep Rane, Suneet K Maheshwari, Priya
Balasubramanian, Ajit Kumar Jain, Shiju Jacob Kallarakkal, Jose Jacob Kallarakkal, Jose
Jacob Kallarakkal.

It is listed on the BSE with a BSE Code of 543254 , NSE with an NSE Symbol of AWHCL and
ISIN of INE01BK01022. It's Registered office is at Flat No. 1402-1404 , 14th Floor,Dev
Corpora Building, Opp. Cadbury,Company, Eastern Express Highway, ThaneThane-400601,
Maharashtra. Their Registrars are ACC Ltd. It's auditors are Deloitte Haskins & Sells LLP,
Walker Chandiok & Co LLP

COMPANY OVERVIEW
Mkt Cap (Rs. Cr.) 800
TTM EPS 5.16
TTM PE 54.84
Sector PE 83.61
Book Value Per Share 60.17
P/B 4.71
Face Value 5
Dividend Yield --
 BALANCE SHEET OF ANTONY WASTE HAND

BALANCE SHEET OF 17-Mar 18-Mar 19-Mar

ANTONY WASTE
HANDLING CELL (in
Rs. Cr.)
12 mths 12 mths 12 mths
EQUITIES AND
LIABILITIES
SHAREHOLDER'S
FUNDS
Equity Share Capital 1.31 1.31 7.15
TOTAL SHARE 1.31 1.31 7.15
CAPITAL
Reserves and Surplus -27.11 1.51 40.94
TOTAL RESERVES -27.11 1.51 40.94
AND SURPLUS
TOTAL -25.8 2.82 48.09
SHAREHOLDERS
FUNDS
Minority Interest 38.58 49.06 56.33
NON-CURRENT
LIABILITIES
Long Term Borrowings 106.31 80.6 105.51
Deferred Tax Liabilities 8.55 8.38 11.56
[Net]
Other Long Term 1.78 2 2.19
Liabilities
Long Term Provisions 15.5 21.34 30.3
TOTAL NON-CURRENT 132.14 112.32 149.57
LIABILITIES

CURRENT LIABILITIES

Short Term Borrowings 32.91 30.68 30.71

Trade Payables 15.98 31.6 36.2
Other Current Liabilities 54.04 80.31 83.28
Short Term Provisions 1.82 3.99 4.61
TOTAL CURRENT 104.74 146.58 154.8
LIABILITIES
TOTAL CAPITAL AND 366.96 428.07 510.79
LIABILITIES
ASSETS
NON-CURRENT
ASSETS
Tangible Assets 47.24 41.47 60.61
Intangible Assets 0 0 105
Capital Work-In- 4.83 0 15.1
Progress
FIXED ASSETS 144.74 147.06 188.9
Non-Current 0 0 0
Investments
Deferred Tax Assets 4.28 6.36 9.19
[Net]
Long Term Loans And 1.97 1.92 2.21
Advances
Other Non-Current 146.98 159.35 200.4
Assets
TOTAL NON-CURRENT 297.97 314.68 400.69
ASSETS
CURRENT ASSETS
Current Investments 0 0 0
Inventories 0.03 0.05 0.09
Trade Receivables 33.93 44.27 55.68
Cash And Cash 12.67 33.6 21.95
Equivalents
Short Term Loans And 1.49 5.44 1.84
Advances
OtherCurrentAssets 20.88 30.03 30.53
TOTAL CURRENT 68.99 113.39 110.1
ASSETS
TOTAL ASSETS 366.96 428.07 510.79
OTHER ADDITIONAL
INFORMATION
CONTINGENT
LIABILITIES,
COMMITMENTS
Contingent Liabilities 266.19 230.1 430.5
BONUS DETAILS
Bonus Equity Share 0 0 0
Capital
NON-CURRENT
INVESTMENTS
Non-Current 0 0 0
Investments Quoted
Market Value
Non-Current 0 0 0
Investments Unquoted
Book Value
CURRENT
INVESTMENTS
Current Investments 0 0 0
Quoted Market Value
Current Investments 0 0 0
Unquoted Book Value
NY WASTE HANDLING CELL

20-Mar 21-Mar

12 mths 12 mths

12.79 14.14
12.79 14.14

211.27 333.68
211.27 333.68

224.06 347.82

75.81 94.78

145.13 84.53
13.16 12.14

3.04 3.31

41.81 56.12
203.14 156.1

30.44 30.27
54.26 60.91
89.57 91.63
8.25 11.25
182.52 194.06
685.53 792.76

140.04 126.09
118.74 127.17
0.55 0.85

273.27 259.17
0 0

8.62 17.84

2.94 3.11

190.98 201.04

475.81 481.16

0 0
0.1 0.09
85.83 89.51
35.47 128.26

3.75 3.89

84.57 89.85
209.72 311.6

685.53 792.76

331.24 319.57

0 0
0 0

0 0

0 0

0 0
 PROFIT AND LOSS STATEMENT

PROFIT & LOSS ACCOUNT OF 17-Mar 18-Mar 19-Mar

ANTONY WASTE HANDLING
CELL (in Rs. Cr.)
12 mths 12 mths 12 mths
INCOME
REVENUE FROM OPERATIONS 275.77 276.14 283.69
[GROSS]
Less: Excise/Sevice Tax/Other 0 0 0
Levies
REVENUE FROM OPERATIONS 275.77 276.14 283.69
[NET]
TOTAL OPERATING REVENUES 275.77 276.14 283.69
Other Income 15.44 14.64 14.83
TOTAL REVENUE 291.2 290.78 298.52
EXPENSES
Cost Of Materials Consumed 0 0 0
Purchase Of Stock-In Trade 0.25 2.93 3.79
Operating And Direct Expenses 48.95 33.35 28.03
Changes In Inventories Of FGWIP 0.14 -0.03 -0.04
And Stock In Trade
Employee Benefit Expenses 60.61 63.95 66.32
Finance Costs 25.29 22.89 24.99
Depreciation And Amortisation 11.14 12.71 18.33
Expenses
Other Expenses 101.01 106.18 109.41
TOTAL EXPENSES 247.39 241.99 250.84
PROFIT/LOSS BEFORE 43.82 48.79 47.68
EXCEPTIONAL, EXTRAORDINARY
ITEMS AND TAX

Exceptional Items 0 0 0
PROFIT/LOSS BEFORE TAX 43.82 48.79 47.68
TAX EXPENSES-CONTINUED
OPERATIONS
Current Tax 6.51 11.15 12.91
Less: MAT Credit Entitlement 0 0 0
Deferred Tax -3.74 -2.24 0.35
Other Direct Taxes 0 0 0
TOTAL TAX EXPENSES 2.78 8.9 13.26
PROFIT/LOSS AFTER TAX AND 41.04 39.88 34.42
BEFORE EXTRAORDINARY ITEMS

PROFIT/LOSS FROM CONTINUING 41.04 39.88 34.42

OPERATIONS
PROFIT/LOSS FOR THE PERIOD 41.04 39.88 34.42
Minority Interest -8.34 -10.48 -7.26
CONSOLIDATED PROFIT/LOSS 32.7 29.41 27.16
AFTER MI AND ASSOCIATES
OTHER ADDITIONAL
INFORMATION
EARNINGS PER SHARE
Basic EPS (Rs.) 25 22 20
Diluted EPS (Rs.) 15 13 12
DIVIDEND AND DIVIDEND
PERCENTAGE
Equity Share Dividend 1.17 0.64 1.05
Tax On Dividend 0 0 0
TEMENT

20-Mar 21-Mar

12 mths 12 mths

449.36 462.49

0 0

449.36 462.49

450.51 465.05
14.1 15.71
464.61 480.76

0 0
1.09 1.16
37.95 12.13
-0.01 0.01

114.87 154.14
30.25 28.46
24.25 31.22

171.05 183.05
379.45 410.17
85.16 70.59

-18.22 0
66.94 70.59

17.27 16.7
0 0
2.52 -10.18
0 0
19.79 6.52
47.15 64.07

47.15 64.07

47.15 64.07
-19.79 -19.03
27.36 45.04

18 17
18 17

0 0
0 0
 CASH FLOW STATEMENT

CASH FLOW OF ANTONY 17-Mar 18-Mar 19-Mar

WASTE HANDLING CELL (in
Rs. Cr.)
12 mths 12 mths 12 mths
NET PROFIT/LOSS BEFORE 43.82 48.79 47.68
EXTRAORDINARY ITEMS
AND TAX

Net CashFlow From Operating 46.59 36.58 29.92

Activities
Net Cash Used In Investing -26.13 14.06 -53.75
Activities
Net Cash Used From -42.06 -30.03 11.91
Financing Activities
Foreign Exchange Gains / 0 0 0
Losses
Adjustments On Amalgamation 0 0 0
Merger Demerger Others

NET INC/DEC IN CASH AND -21.6 20.62 -11.92

CASH EQUIVALENTS
Cash And Cash Equivalents 32.48 10.88 31.49
Begin of Year
Cash And Cash Equivalents 10.88 31.49 19.57
End Of Year
TEMENT

20-Mar 21-Mar

12 mths 12 mths
66.94 70.59

108.43 111.51

-116.37 -32.77

13.85 -3.67

0 0

0 0

5.91 75.07

19.57 25.48

25.48 100.55
 FINANCIAL RATIOS

KEY FINANCIAL RATIOS OF 17-Mar 18-Mar 19-Mar

ANTONY WASTE HANDLING
CELL (in Rs. Cr.)
PER SHARE RATIOS
Basic EPS (Rs.) 25.01 22.49 20.19
Diluted EPS (Rs.) 14.93 13.45 12.35
Cash EPS (Rs.) 398.88 402.08 36.89
Book Value 97.68 396.61 73.01
[ExclRevalReserve]/Share (Rs.)
Book Value 97.68 396.61 73.01
[InclRevalReserve]/Share (Rs.)
Revenue from Operations/Share 2,108.33 2,111.13 198.36
(Rs.)
PBDIT/Share (Rs.) 613.46 645.17 63.63
PBIT/Share (Rs.) 528.33 548.01 50.81
PBT/Share (Rs.) 334.99 372.99 33.34
Net Profit/Share (Rs.) 313.75 304.92 24.07
NP After MI And SOA / Share 250.01 224.82 18.99
(Rs.)
PROFITABILITY RATIOS
PBDIT Margin (%) 29.09 30.56 32.07
PBIT Margin (%) 25.05 25.95 25.61
PBT Margin (%) 15.88 17.66 16.8
Net Profit Margin (%) 14.88 14.44 12.13
NP After MI And SOA Margin (%) 11.85 10.64 9.57

Return on Networth/Equity (%) -126.75 1,043.54 56.48

Return on Capital Employed (%) 26.35 25.46 20.41

Return on Assets (%) 8.91 6.86 5.31

Total Debt/Equity (X) -5.4 39.49 2.83
Asset Turnover Ratio (%) 75.14 64.5 55.53
LIQUIDITY RATIOS
Current Ratio (X) 0.66 0.77 0.71
Quick Ratio (X) 0.66 0.77 0.71
Inventory Turnover Ratio (X) 9,848.89 5,113.63 3,152.10
Dividend Payout Ratio (NP) (%) 3.59 2.18 3.87

Dividend Payout Ratio (CP) (%) 2.67 1.52 2.31

Earnings Retention Ratio (%) 96.41 97.82 96.13
Cash Earnings Retention Ratio 97.33 98.48 97.69
(%)
COVERAGE RATIOS
Interest Coverage Ratios (%) 2.73 3.13 2.91
Interest Coverage Ratios (Post 2.73 3.13 2.91
Tax) (%)
VALUATION RATIOS
Enterprise Value (Cr.) 0 0 0
EV/Net Operating Revenue (X) 0 0 0
EV/EBITDA (X) 0 0 0
MarketCap/Net Operating 0 0 0
Revenue (X)
Retention Ratios (%) 96.4 97.81 96.12
Price/BV (X) 0 0 0
Price/Net Operating Revenue 0 0 0
Earnings Yield 0 0 0
 20-Mar 21-Mar

17.78 17.14
17.78 17.14
27.91 33.7
117.23 156.51

117.23 156.51

176.12 164.44

54.6 46.06
45.12 35.02
26.17 24.96
18.43 22.66
10.7 15.93

31 28.01
25.61 21.29
14.85 15.17
10.46 13.77
6.07 9.68

12.21 12.94
22.94 16.54

3.99 5.68
0.78 0.33
65.71 58.66

1.15 1.61
1.15 1.61
4,505.10 5,167.22
0 0

0 0
 0 0
0 0

3.82 3.48
3.82 3.48

0 771.07
0 1.66
0 5.92
0 1.48

0 0
0 1.98
0 1.48
0 0.07
 SHAREHOLDING PATTERN

(in %) 21-Dec 21-Sep 21-Jun

Promoter 46.23 46.23 46.23

Public 53.77 53.77 53.77

Others -- -- --

Total 100 100 100

Promoters Pledge Holding(Rs.Cr.) --