Antony Waste Handling Cell Ltd: Fundamental Analysis, Share Price Insights & Intrinsic Value (2024)

Share Price and Basic Stock Data

Last Updated: December 21, 2024, 1:27 am

Market Cap	1,809 Cr.
Current Price	637
High / Low	902/408
Stock P/E	25.9
Book Value	212
Dividend Yield	0.00 %
ROCE	13.9 %
ROE	16.3 %
Face Value	5.00
PEG Ratio	1.90

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for

Competitors of

Stock Name	Market Cap	Current Price	High / Low	Stock P/E	Book Value	Dividend Yield	ROCE	ROE	Face Value
EP Biocomposites Ltd	26.6 Cr.	158	218/122	23.3	58.1	0.00 %	15.3 %	12.8 %	10.0
Eco Recycling Ltd	1,917 Cr.	994	1,215/374	80.8	42.3	0.00 %	33.4 %	27.9 %	10.0
Antony Waste Handling Cell Ltd	1,809 Cr.	637	902/408	25.9	212	0.00 %	13.9 %	16.3 %	5.00
Industry Average	1,863.00 Cr	596.33		43.33	104.13	0.00%	20.87%	19.00%	8.33

All Competitor Stocks of

Quarterly Result

Month	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Sales	145	154	161	188	235	200	218	202	222	224	217	210	227
Expenses	108	116	130	147	191	159	188	169	175	173	173	174	178
Operating Profit	37	37	32	42	44	41	29	32	47	51	44	36	49
OPM %	26%	24%	20%	22%	19%	21%	14%	16%	21%	23%	20%	17%	22%
Other Income	4	5	4	5	5	5	5	7	5	5	6	7	6
Interest	5	6	5	4	6	6	6	9	7	7	11	14	13
Depreciation	8	8	9	9	8	8	10	13	11	11	15	16	17
Profit before tax	28	28	23	34	35	31	19	18	35	38	23	13	26
Tax %	21%	16%	16%	24%	17%	11%	14%	31%	35%	18%	33%	-134%	17%
Net Profit	22	24	19	25	29	28	16	12	23	32	16	30	21
EPS in Rs	5.92	6.38	4.61	7.09	8.20	8.24	4.24	3.38	6.46	9.77	4.51	9.69	6.17

Last Updated: October 7, 2024, 8:39 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: October 23, 2024, 3:08 pm

Month	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	220	244	276	284	451	465	648	854	873	879
Expenses	154	175	206	207	325	350	500	706	695	698
Operating Profit	67	69	70	76	126	115	148	148	178	181
OPM %	30%	28%	25%	27%	28%	25%	23%	17%	20%	21%
Other Income	2	6	14	15	-4	16	18	20	24	24
Interest	24	21	23	25	30	28	20	27	40	46
Depreciation	18	17	13	18	24	31	33	39	53	59
Profit before tax	27	37	49	48	67	71	113	102	109	100
Tax %	16%	16%	18%	27%	30%	9%	20%	17%	8%
Net Profit	23	31	40	35	47	64	90	85	100	99
EPS in Rs	133.60	213.90	224.92	19.17	10.69	15.92	24.00	24.07	30.37	30.14
Dividend Payout %	0%	0%	0%	0%	0%	0%	0%	0%	0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	34.78%	29.03%	-12.50%	34.29%	36.17%	40.62%	-5.56%	17.65%
Change in YoY Net Profit Growth (%)	0.00%	-5.75%	-41.53%	46.79%	1.88%	4.45%	-46.18%	23.20%

has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 8 years from 2016-2017 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	%
5 Years:	25%
3 Years:	23%
TTM:	1%

Compounded Profit Growth
10 Years:	%
5 Years:	26%
3 Years:	24%
TTM:	4%

Stock Price CAGR
10 Years:	%
5 Years:	%
3 Years:	29%
1 Year:	30%

Return on Equity
10 Years:	%
5 Years:	16%
3 Years:	16%
Last Year:	16%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 5:52 pm

Month	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	1	1	1	7	13	14	14	14	14	14
Reserves	-41	-20	119	143	211	334	403	472	560	589
Borrowings	298	281	153	185	209	154	175	355	447	429
Other Liabilities	67	90	149	168	243	279	352	397	429	465
Total Liabilities	325	353	422	503	677	781	944	1,238	1,450	1,498
Fixed Assets	117	116	41	166	259	253	238	309	662	646
CWIP	51	86	106	23	14	6	61	250	41	49
Investments	0	0	0	0	0	0	0	0	0	0
Other Assets	157	151	275	315	404	521	645	680	747	803
Total Assets	325	353	422	503	677	781	944	1,238	1,450	1,498

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	58	63	36	31	108	112	105	90	140
Cash from Investing Activity +	-24	-44	14	-54	-116	-33	-140	-260	-152
Cash from Financing Activity +	-17	-45	-30	11	14	-4	5	149	35
Net Cash Flow	18	-26	21	-12	6	75	-30	-22	22

Free Cash Flow

Month	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	-231.00	-212.00	-83.00	-109.00	-83.00	-39.00	-27.00	-207.00	-269.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	121	134	59	72	70	70	100	92	105
Inventory Days
Days Payable
Cash Conversion Cycle	121	134	59	72	70	70	100	92	105
Working Capital Days	83	83	-48	-46	18	16	46	45	50
ROCE %		21%	24%	20%	26%	18%	20%	15%	14%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
Promoters	46.23%	46.23%	46.23%	46.23%	46.23%	46.23%	46.23%	46.23%	46.07%	46.07%	46.07%	46.07%
FIIs	11.27%	11.76%	12.24%	13.16%	12.54%	11.97%	13.14%	13.77%	12.39%	11.94%	10.79%	11.36%
DIIs	7.83%	6.67%	5.91%	6.48%	6.31%	6.13%	6.10%	6.10%	6.08%	6.61%	5.14%	4.01%
Public	34.68%	35.34%	35.62%	34.13%	34.93%	35.68%	34.54%	33.89%	35.26%	35.29%	37.93%	38.49%
Others	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.17%	0.09%	0.07%	0.07%
No. of Shareholders	61,355	65,781	64,085	57,027	55,279	55,713	53,765	50,368	50,353	49,666	52,532	72,605

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
SBI Magnum Comma Fund	587,000	5.9	33.05	42,402	2024-12-20	1284.37%
SBI Long Term Advantage Fund - Series III	69,322	5.75	3.9	42,402	2024-12-20	63.49%
SBI Long Term Advantage Fund - Series I	44,263	5.37	2.49	42,402	2024-12-20	4.39%
SBI Long Term Advantage Fund - Series II	42,402	6.3	2.39	42,402	2024-12-20	0%
Taurus ELSS Tax Saver Fund	4,330	0.33	0.24	42,402	2024-12-20	-89.79%

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	5.00	5.00	5.00	5.00	5.00
Basic EPS (Rs.)	30.40	24.07	24.00	17.14	17.78
Diluted EPS (Rs.)	30.39	24.06	24.00	17.14	17.78
Cash EPS (Rs.)	54.00	43.68	43.73	33.70	27.91
Book Value[Excl.RevalReserv]/Share (Rs.)	202.30	218.05	188.32	156.51	117.23
Book Value[Incl.RevalReserv]/Share (Rs.)	202.30	218.05	188.32	156.51	117.23
Revenue From Operations / Share (Rs.)	307.81	302.48	229.23	164.44	176.12
PBDIT / Share (Rs.)	71.18	59.36	58.86	46.06	54.60
PBIT / Share (Rs.)	52.40	45.58	47.08	35.02	45.12
PBT / Share (Rs.)	38.46	36.16	39.84	24.96	26.17
Net Profit / Share (Rs.)	35.22	29.89	31.96	22.66	18.43
NP After MI And SOA / Share (Rs.)	30.40	24.07	24.00	15.93	10.70
PBDIT Margin (%)	23.12	19.62	25.67	28.01	31.00
PBIT Margin (%)	17.02	15.06	20.54	21.29	25.61
PBT Margin (%)	12.49	11.95	17.37	15.17	14.85
Net Profit Margin (%)	11.44	9.88	13.94	13.77	10.46
NP After MI And SOA Margin (%)	9.87	7.95	10.47	9.68	6.07
Return on Networth / Equity (%)	15.02	14.01	16.29	12.94	12.21
Return on Capital Employeed (%)	12.88	13.15	18.30	16.54	22.94
Return On Assets (%)	5.89	5.41	7.03	5.68	3.99
Long Term Debt / Equity (X)	0.53	0.53	0.24	0.24	0.64
Total Debt / Equity (X)	0.72	0.72	0.40	0.33	0.78
Asset Turnover Ratio (%)	0.64	0.76	0.10	0.11	0.17
Current Ratio (X)	1.30	1.31	1.46	1.61	1.15
Quick Ratio (X)	1.30	1.31	1.46	1.61	1.15
Interest Coverage Ratio (X)	5.11	6.30	8.13	4.58	4.62
Interest Coverage Ratio (Post Tax) (X)	3.53	4.17	5.41	3.25	3.16
Enterprise Value (Cr.)	1781.85	1110.93	930.73	771.07	0.00
EV / Net Operating Revenue (X)	2.04	1.30	1.44	1.66	0.00
EV / EBITDA (X)	8.83	6.62	5.59	5.92	0.00
MarketCap / Net Operating Revenue (X)	1.50	0.81	1.14	1.48	0.00
Price / BV (X)	2.28	1.44	1.77	1.98	0.00
Price / Net Operating Revenue (X)	1.50	0.81	1.14	1.48	0.00
EarningsYield	0.06	0.09	0.09	0.06	0.00

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of as of December 22, 2024 is: 912.90

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of December 22, 2024, is Undervalued by 43.31% compared to the current share price 637.00

Intrinsic Value of as of December 22, 2024 is: 1,037.20

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of December 22, 2024, is Undervalued by 62.83% compared to the current share price 637.00

Last 5 Year EPS CAGR: 13.62%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a high average ROCE of 17.56%, which is a positive sign. The stock has a low average Working Capital Days of 27.44, which is a positive sign. The company has higher reserves (277.00 cr) compared to borrowings (268.60 cr), indicating strong financial stability. The company has shown consistent growth in sales (519.40 cr) and profit (72.30 cr) over the years.	The stock has a high average Cash Conversion Cycle of 91.44, which may not be favorable.

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in :
1. Net Profit Margin: 11.44%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 12.88% (Industry Average ROCE: 20.87%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 15.02% (Industry Average ROE: 19%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 3.53
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 1.3
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 25.9 (Industry average Stock P/E: 43.33)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0.72
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Antony Waste Handling Cell Ltd. is a Public Limited Listed company incorporated on 17/01/2001 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L90001MH2001PLC130485 and registration number is 130485. Currently Company is involved in the business activities of Collection of non-hazardous waste. Company’s Total Operating Revenue is Rs. 55.25 Cr. and Equity Capital is Rs. 14.14 Cr. for the Year ended 31/03/2022.

INDUSTRY	ADDRESS	CONTACT
Waste Management	A-59, Road No. 10, Thane Maharashtra 400604	investor.relations@antonywaste.in http://www.antony-waste.com

Management
Name	Position Held
Mr. Jose Jacob Kallarakal	Chairman & Managing Director
Mr. Shiju Jacob Kallarakal	Executive Director
Mr. Shiju Antony Kallarakkal	Non Executive Director
Ms. Priya Balasubramanian	Independent Director
Mr. Suneet K Maheshwari	Independent Director
Mr. Ajit Kumar Jain	Independent Director

FAQ

What is the latest intrinsic value of ?

The latest intrinsic value of as on 22 December 2024 is ₹912.90, which is 43.31% higher than the current market price of ₹637.00. The stock has a market capitalization of 1,809 Cr. and recorded a high/low of 902/408 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹589 Cr and total liabilities of ₹1,498 Cr.

What is the Market Cap of ?

The Market Cap of is 1,809 Cr..

What is the current Stock Price of as on 22 December 2024?

The current stock price of as on 22 December 2024 is 637.

What is the High / Low of stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of stocks is 902/408.

What is the Stock P/E of ?

The Stock P/E of is 25.9.

What is the Book Value of ?

The Book Value of is 212.

What is the Dividend Yield of ?

The Dividend Yield of is 0.00 %.

What is the ROCE of ?

The ROCE of is 13.9 %.

What is the ROE of ?

The ROE of is 16.3 %.

What is the Face Value of ?

The Face Value of is 5.00.