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Antony Waste Handling Cell Ltd shares fell sharply by over 2% in early trade on June 1 after the company reported a mixed set of earnings for the fourth quarter. While revenue and EBITDA registered year-on-year growth, a decline in net profit and margin contraction weighed on investor sentiment.
As of 10:37 AM IST, Antony Waste shares were trading near the day's low after witnessing selling pressure following the earnings announcement.
For the quarter ended March 2026, Antony Waste reported revenue of Rs 286 crore, marking a 17.8% increase from Rs 243 crore reported in the corresponding quarter of the previous year.
The company's EBITDA rose 11.4% YoY to Rs 56.9 crore, compared to Rs 51.1 crore in the year-ago period. However, EBITDA margin declined to 19.9% from 21.1%, indicating pressure on operating profitability despite higher revenue.
Net profit came in at Rs 32.5 crore, down 18.7% from Rs 40 crore reported in the same quarter last year, which appears to have disappointed investors.
Share Price Performance
Antony Waste shares remained under pressure during the morning session following the earnings announcement.
- Previous Close: Rs 467.85
- Open Price: Rs 458.00
- Day's High: Rs 470.60
- Day's Low: Rs 454.00
- 52-Week High: Rs 693.00
- 52-Week Low: Rs 372.50
The stock traded close to its intraday low, reflecting cautious investor sentiment despite the company's double-digit revenue growth.
Why Are Antony Waste Shares Falling?
The decline in Antony Waste shares appears to be driven by a sharp drop in quarterly profitability. Although revenue and operating earnings improved, investors focused on the 18.7% fall in net profit and the decline in EBITDA margin. Margin compression often raises concerns about rising costs and the sustainability of earnings growth, leading to a negative market reaction.
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