Announced Mon, 25 May · 19:06 IST

Outcome of Board Meeting held on 25.05.2026

Emphasis Of MatterPat NegativeRevenue DeclineGoing ConcernResults View source PDF

CONCOR · price

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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
-8.0%1-day move
₹513.20
prior close
₹490.80
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AI summary

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.

Likely market impact

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.