Q2 FY26 results show revenue dip, profit decline, weak cashflow

Revenue declinedNegative operating cash flowEBITDA margin compressionResults View source PDF Explain this filing

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Price reactionminutes from the announcement price · days from the prior close

-6.6%Reaction day

₹458.00

prior close

₹454.00

announcement price

After-mkt

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Nifty Microcap 250market · in no size index; the smallest one is used-0.4%-6.2% vs market

Waste Management peers, median of 7sector-0.3%-6.2% vs sector

On the reaction day the stock moved 6.2 pts less than Nifty Microcap 250 and 6.2 pts less than its Waste Management peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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Reaction day

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Next day

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UpDownMarket · Nifty Microcap 250Sector · Waste Management peers, median of 7Pending

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AI summary

Concord Enviro reported Q2 FY26 results on Nov 7. Consolidated revenue fell 23% YoY to Rs 1,248 million (vs Rs 1,619 million). H1 revenue dipped 14% to Rs 2,272 million. Q2 PAT dropped to Rs 45 million from Rs 173 million, with H1 PAT at Rs 86 million versus Rs 129 million. Discontinued operations posted a Rs 18 million loss in H1. Operating cash flow turned sharply negative at Rs 406 million against a small outflow last year. No deviation in IPO fund usage. Board also approved termination of ESOP 2022. Deloitte issued a clean limited review.

Likely market impact

Sharp year-on-year revenue and profit fall, negative operating cash flow, and discontinued ops losses point to ongoing stress despite clean audit.

By the numbersConsolidated · Q2 FY26 vs Q2 FY25

	Q2 FY26	Q2 FY25	Change
Revenue	₹124.8 Cr	₹161.9 Cr	−22.9%
Operating profit	−₹0.90 Cr	₹18.10 Cr	−105.0%
Profit after tax	₹4.49 Cr	₹17.30 Cr	−74.0%
EBITDA margin	6.1%	16.6%	−10.5 pp

From the company's XBRL filing, not from the text above. Operating profit = profit before tax − exceptional items − other income. EBITDA = profit before tax + finance costs + depreciation − other income.