CONCORD ENVIRO SYSTEMS L

Builds water and wastewater treatment and Zero Liquid Discharge (ZLD) systems for industrial clients, with a strong footprint in the steel sector, alongside compressed biogas (CBG) plants and a newly launched H-Xtreme heat exchanger aimed at industrial fuel savings. The business runs on an engineering, procurement and construction (EPC) model, supplemented by operations and maintenance (O&M) services that are shifting toward recurring revenue, including a recently secured ₹80 crore O&M contract, the largest in company history. FY26 revenue stood at ₹557.8 crores, down 6.2% year-on-year, with the order book at ₹536 crores, a pipeline of ₹3,000 crores and L1 position on ₹143 crores of additional ZLD orders including a ₹126 crore order for India's largest ZLD system by capacity at a major integrated steel manufacturer. Execution spans India, Kenya, Uganda and a Sharjah manufacturing base in the Middle East, with a wholly owned subsidiary Rochem Separation Systems handling separation and membrane-based water treatment. The largest cost line is materials at 46.1% of revenue, followed by other operating expenses at 21.8% and employee costs at 19.1%.