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.
On the reaction day the stock moved 7.8 pts less than Nifty Midcap 150 and 7.4 pts less than its Logistics Solution Provider peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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CONCOR reported FY2025-26 standalone revenue of Rs. 9,059.45 crore, up 2.2% from Rs. 8,863.37 crore in FY25. However, profit after tax declined to Rs. 1,221.81 crore from Rs. 1,271.98 crore (down ~3.9%) due to higher operating expenses and lower other income. The board declared a final dividend of Rs. 1.00 per share (20%), in addition to three interim dividends already paid totaling Rs. 7.60 per share, making total dividend for FY26 at Rs. 8.60 per share (172%). The statutory auditors issued an unmodified opinion with emphasis of matter on uncertain land license fee assessments, trade receivables outstanding over 3 years worth Rs. 29.34 crore (provision Rs. 4.82 crore), and balance confirmations pending reconciliation. A subsidiary (CONCOR Air Limited) has going concern uncertainty due to recent business transition.
PAT decline of ~4% despite marginal revenue growth is a concern. The emphasis of matter on receivables and land fee uncertainty may worry investors. However, strong dividend payouts (172%) and positive operating cash flow of Rs. 1,468 crore signal financial health. Government-owned status provides stability.