Antony Waste expects 18-20% revenue CAGR over 3-4 years

"These regions are characterised by high population density, substantial tonnage yields, reliable cash flows, and a consistent payment history," he highlighted.

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The company's stock has risen nearly 9% in the past month and about 45% over the last half-year. In the most recent financial quarter, the company reported a 20% expansion in its operating income over the previous year.

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On October 27, the company announced a major order win worth ₹386 crore by one of its major subsidiaries, AG Enviro Infra Projects, from the Panvel Municipal Corporation in the Mumbai Metropolitan Region. The contract pertains to the collection and transportation of municipal solid waste from door to door by the corporation. This five-year contract also includes the provision for a potential two-year extension.

Earlier this month, the company made public its initiation of commercial power sales from its newly operational waste-to-energy power facility to the Pimpri Chinchwad Municipal Corporation.

Also Read | Antony Waste starts commercial power sale from its waste-to-energy power plant

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