Antony Waste Handling IPO - Capex Driven Business Model, Says Prabhudas Lilladher
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Prabhudas Lilladher Report
With rising population, increasing urbanization, changing lifestyle patterns and rising disposable incomes, Municipal solid waste (MSW) generation in India is expected to grow at 8.9% compound annual growth rate over FY20-25E.
Consequently, rising need for effective waste management and scientific disposal would lead to MSWM market doubling in size from approximately Rs 50 billion in FY20 to ~Rs 98 billion in FY25E, improving growth prospects of large players like Antony Waste Handling Cell.
The company has a portfolio of 18 ongoing projects which include 12 MSW collection and transportation projects, four mechanized sweeping projects and two MSW processing projects.
Further the portfolio is well diversified across -
- nature of services provided,
- project duration and
- geographical areas.
Click on the attachment to read the full report:
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.