Outcome of Board Meeting held on 25.05.2026
CONCOR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
CONCOR reported FY2025-26 standalone revenue of Rs. 9,059.45 crore (up 2.2% YoY from Rs. 8,863.37 crore). However, profit after tax declined 3.9% to Rs. 1,221.81 crore from Rs. 1,271.98 crore last year. Basic EPS stood at Rs. 16.04 vs Rs. 16.70 prior year. The board declared a final dividend of Rs. 1 per share (20%) in addition to three interim dividends already paid totaling 152%, making total dividend for the year 172% of face value. The statutory auditors issued an unmodified (clean) opinion but flagged emphasis of matters including: uncertainty over Land License Fee to Indian Railways, trade receivables of Rs. 29.34 crore outstanding over 3 years with Rs. 24.52 crore not provided for, and balance confirmations pending with Railways. A change in accounting estimate extended LNG trucks' useful life from 8 to 15 years, reducing depreciation by Rs. 8.07 crore. The company's subsidiary CONCOR Air Limited has going concern uncertainty as its new air cargo operations commenced only in October 2025.
PAT decline despite revenue growth indicates margin compression. The going concern flag for CONCOR Air and the unresolved trade receivables outstanding over 3 years are concerns. Total dividend of 172% (Rs. 8.60 per share including all tranches) reflects healthy cash generation but may not be sustainable given profit decline.