CEWATERNSEConcord Enviro Systems LimitedHighNeutral
Announced Thu, 12 Feb · 22:04 IST

Concord Enviro Systems Limited has submitted to the Exchange, the financial results for the period ended December 31, 2025.

Pat Growth 25pctRevenue DeclinePat NegativeExceptional ItemResults View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Concord Enviro Systems reported Q3 FY26 (quarter ended Dec 31, 2025) results: standalone revenue was Rs 133.35 million with a loss after tax of Rs 4.20 million, impacted by a Rs 3.90 million exceptional charge from new Labour Codes. For 9M FY26, standalone PAT jumped sharply to Rs 45.52 million from Rs 12.52 million a year ago (over 3x growth) on revenue of Rs 382.36 million vs Rs 349.05 million. On a consolidated basis, Q3 FY26 slipped into a net loss of Rs 81.77 million (vs Rs 44.91 million profit in Q2), weighed down by a Rs 51.75 million Labour Codes exceptional item, losses from joint ventures (Rs 8.50 million share of loss), and Rs 6.73 million loss from a discontinued subsidiary. Consolidated 9M revenue fell about 9% YoY to Rs 3,518.12 million, with net profit collapsing to just Rs 4.33 million from Rs 43.62 million. The board also appointed Mr. Anish Goel as CFO and confirmed no deviation in use of IPO proceeds (Rs 712.46 million still unutilized and parked in bank deposits). Deloitte Haskins & Sells LLP issued a clean (unmodified) limited review report on both standalone and consolidated results.

Likely market impact

Mixed picture for shareholders: standalone business is improving strongly with 9M profit tripling, but the consolidated picture is weak due to subsidiary losses, joint venture drag, a one-time Labour Codes hit, and a subsidiary in liquidation. Q3 consolidated loss and sharp 9M profit decline may pressure the stock in the short term, though the clean auditor opinion and new experienced CFO provide some comfort.