CEWATERBSEConcord Enviro Systems LtdLowNeutral
Announced Fri, 22 May · 23:34 IST

Directors and KMP of the Company authorised for the purpose of determining the materiality as per Company''s amended Policy for Determination of Materiality of Events or Information

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

Price reaction · full curve 14 horizons · vs prior close
+2.7%1-day move
₹275.50
prior close
₹273.10
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.7+4.7+6.0+5.8+2.7+2.3+2.4-1.8-6.2-7.4+9.5+27.7+6.0
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AI summary

Concord Enviro Systems Limited reported standalone FY2026 revenue of Rs. 558.71 million (down from Rs. 565.84 million), with profit after tax of Rs. 95.91 million, a significant jump from Rs. 31.32 million in FY2025. On consolidated basis, revenue stood at Rs. 5,578.56 million (vs Rs. 5,944.39 million), with net profit of Rs. 197.57 million (vs Rs. 514.93 million). The company listed on NSE/BSE in December 2024 via IPO raising Rs. 1,750 million; Rs. 1,183.34 million has been utilized as of March 2026, with Rs. 437.42 million remaining unutilized (temporarily in bank deposits). Deloitte Haskins & Sells LLP issued unmodified audit opinions. The Board authorized Prayas Goel (MD), Prerak Goel (Executive Director), and Anish Goel (CFO) for determining materiality of events under SEBI regulations.

Likely market impact

Strong standalone profitability growth (206% YoY PAT increase) is positive for shareholders, though consolidated earnings declined significantly. The company has healthy cash reserves with Rs. 437 million of IPO proceeds still to be deployed for growth projects.