Concord Enviro Systems Q1 FY27 Share Price & Earnings Call Analysis
- Market cap
- ₹465 Cr
- ROE
- 3.57%
- Price to sales
- 0.87
- Debt to equity
- 0.29
- 52W high / low
- ₹486 / ₹224
- Sales growth (5Y)
- 9.92%
- EBITDA margin
- 2.49%
- Net profit margin
- 3.54%
- Promoter holding
- 51.43%
- Sales (last year)
- ₹541 Cr
Incorporated in 1999, Concord Enviro Systems Ltd is in the business of manufacturing and trading of water treatment plant components and providing technical consultancy and design services[1]
Guidance scorecard · Q1 FY27 call
What Concord Enviro Systems Ltd's management guided
and where it ranks in Other Utilities
Other Utilities
RevenueQ1 FY27 call
20–40%- Concord Enviro expects growth of 15% to 20% over the next two years.
- Target order intake for the current financial year is around INR 1,000 crores.
- Revenue growth in the range of 20% to 25% is anticipated over the next 2-3 years.
- Healthy order book of INR 699 crores provides good revenue visibility.
- Execution expected to normalize by end of Q2 FY27 after supply chain disruptions.
- Expansion into new sectors like steel, solar, data centres, and Europe expected to drive growth.
- Strong traction anticipated for new products like H-Xtreme heat exchanger and WaHa partnership solutions.
2 more points from Concord Enviro Systems Ltd's call on revenue
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MarginsQ1 FY27 call
FlatSee what Concord Enviro Systems Ltd said on margins — free account, 30 seconds.
CapexQ1 FY27 call
Planned- Concord Enviro has invested about USD 575,000 for a less than 2% stake in WaHa, a California-based company specializing in atmospheric water generation and humidity control technologies.
- The company secured exclusive rights for India and UAE and a global manufacturing partnership for atmospheric water generation systems through this strategic investment.
- Investments are also being made in talent and execution capabilities to handle larger projects, expected to temporarily affect margins.
2 more points from Concord Enviro Systems Ltd's call on capex
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FundraisingQ1 FY27 call
See what Concord Enviro Systems Ltd said on fundraising — free account, 30 seconds.
Order bookQ1 FY27 call
Rising- Current order book stands at INR 699 crores, with a significant portion deliverable in the current financial year.
- Around 80-85% conversion expected from the existing order book for the year.
- Targeted order intake for the financial year is approximately INR 1,000 crores (already achieved around INR 200 crores).
- Healthy pipeline of prospective opportunities totaling around INR 3,200 crores is noted.
- Large orders expected to convert in the next 3-4 months from both domestic and international markets.
2 more points from Concord Enviro Systems Ltd's call on the order book
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Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.
Potential multibaggers · Q2 FY27
Potential multibaggers in Other Utilities
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Peers
Other Utilities companies ranked on guidance
| # | Company | Revenue guided | Margin guided | Market cap | P/E |
|---|---|---|---|---|---|
| 1 | 40%+ | Flat | ₹1,488 Cr | 10.8 | |
| 2 | 40%+ | Flat | ₹807 Cr | 56.3 | |
| 3 | 40%+ | Flat | ₹690 Cr | 18.7 | |
| 4 | 40%+ | Flat | ₹334 Cr | 19.6 | |
| 5 | 40%+ | Flat | ₹94 Cr | 7.3 | |
| 6 | 20–40% | Flat | ₹3,521 Cr | 12.3 |
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Pro shows every company guiding 40%+ revenue growth →Full Other Utilities rankingFinancials of Concord Enviro Systems Ltd
Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Concord Enviro Systems Ltd
Quarterly Results
Quarter-by-quarter operating performance
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 97 | 123 | 200 | 103 | 162 | 123 | 207 | 102 | 125 | 125 | 206 |
| Expenses + | 75 | 100 | 161 | 100 | 135 | 119 | 149 | 104 | 117 | 121 | 188 |
| Operating Profit | 23 | 23 | 39 | 3 | 27 | 3 | 58 | -1 | 7 | 3 | 18 |
| OPM % | 23% | 19% | 20% | 3% | 17% | 3% | 28% | -1% | 6% | 3% | 9% |
| Other Income + | 1 | 7 | -1 | -0 | -0 | -3 | 1 | 14 | 5 | -2 | 9 |
| Interest | 5 | 4 | 4 | 5 | 5 | 6 | 6 | 5 | 5 | 6 | 6 |
| Depreciation | 6 | 5 | 3 | 2 | 3 | 3 | 3 | 4 | 4 | 4 | 5 |
| Profit before tax | 12 | 21 | 31 | -4 | 19 | -8 | 51 | 5 | 4 | -9 | 17 |
| Tax % | -2% | 10% | 10% | 1% | 10% | 10% | 7% | 14% | -12% | -5% | 18% |
| Net Profit + | 12 | 19 | 28 | -4 | 17 | -9 | 47 | 4 | 4 | -8 | 14 |
| EPS in Rs | 6.81 | 10.21 | 15.42 | -2.40 | 9.51 | -4.14 | 22.77 | 1.99 | 2.17 | -3.95 | 6.84 |
Financials of Concord Enviro Systems Ltd
Profit & Loss
Annual income statement trend
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Sales + | 383 | 348 | 329 | 343 | 497 | 594 | 558 |
| Expenses + | 308 | 285 | 275 | 299 | 379 | 501 | 522 |
| Operating Profit | 75 | 63 | 55 | 44 | 118 | 93 | 35 |
| OPM % | 20% | 18% | 17% | 13% | 24% | 16% | 6% |
| Other Income + | 2 | 5 | 9 | 8 | -40 | -2 | 25 |
| Interest | 43 | 21 | 20 | 20 | 18 | 22 | 21 |
| Depreciation | 22 | 25 | 25 | 24 | 16 | 11 | 17 |
| Profit before tax | 12 | 23 | 19 | 8 | 44 | 58 | 23 |
| Tax % | 37% | 15% | 11% | 27% | 6% | 11% | 13% |
| Net Profit + | 8 | 20 | 16 | 5 | 41 | 51 | 20 |
| EPS in Rs | 2,495.24 | 6,288.89 | 3,868.54 | 3.02 | 22.77 | 24.88 | 9.55 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Financials of Concord Enviro Systems Ltd
Balance Sheet
Capital structure and asset base
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 0.31 | 0.31 | 0.43 | 9 | 9 | 10 | 10 |
| Reserves | -20 | -11 | 268 | 272 | 313 | 523 | 561 |
| Borrowings + | 404 | 367 | 171 | 170 | 159 | 134 | 167 |
| Other Liabilities + | 137 | 162 | 97 | 141 | 146 | 181 | 213 |
| Total Liabilities | 521 | 518 | 537 | 592 | 628 | 849 | 952 |
| Fixed Assets + | 100 | 156 | 149 | 139 | 104 | 107 | 137 |
| CWIP | 5 | 8 | 0 | 0 | 2 | 7 | 3 |
| Investments | 20 | 0 | 22 | 56 | 60 | 66 | 93 |
| Other Assets + | 396 | 353 | 366 | 397 | 462 | 669 | 719 |
| Total Assets | 521 | 518 | 537 | 592 | 628 | 849 | 952 |
Financials of Concord Enviro Systems Ltd
Cash Flows
Operating, investing and financing cash movement
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 14 | 62 | 49 | 117 | -35 | 5 | -23 |
| Cash from Investing Activity + | -12 | -23 | -28 | -50 | -3 | -122 | 53 |
| Cash from Financing Activity + | -1 | -33 | -12 | -27 | -4 | 125 | -1 |
| Net Cash Flow | 2 | 7 | 9 | 41 | -42 | 7 | 28 |
| Free Cash Flow | -0 | 41 | 21 | 112 | -45 | -21 | -44 |
| CFO/OP | 23% | 108% | 97% | 272% | -25% | 8% | -41% |
Financials of Concord Enviro Systems Ltd
Ratios
Working capital efficiency and return ratios
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 141 | 160 | 142 | 113 | 126 | 107 | 173 |
| Inventory Days | 326 | 253 | 355 | 377 | 254 | 211 | 274 |
| Days Payable | 205 | 180 | 195 | 218 | 191 | 167 | 202 |
| Cash Conversion Cycle | 263 | 232 | 302 | 271 | 189 | 151 | 244 |
| Working Capital Days | -143 | -144 | 120 | 48 | 100 | 145 | 186 |
| ROCE % | 12% | 10% | 6% | 25% | 15% | 7% |
Guidance history
How Concord Enviro Systems Ltd's guidance has moved, call by call
| Call | Revenue | Margins | Capex | Fundraising | Order book |
|---|---|---|---|---|---|
| Q1 FY27 call → | 20–40% | Flat | Planned | — | Rising |
| Q4 FY26 call → | 10–20% | Down 0–2% | Planned | — | Flat |
| Q3 FY26 call → | 10–20% | Flat | Planned | None planned | Rising |
| Q2 FY26 call → | 20–40% | Down 0–2% | Planned | Planned | Flat |
What management guided on each call, newest first. Not investment advice, and not a forecast of returns.
Momentum score · price trend
4 out of 100 — Cooling
Over the past year its share price has done worse than most of the stocks we track.
| Period | Share price change | Better than … of 1,910 stocks |
|---|---|---|
| Last 12 months | −47.1% | 4% |
| Last 6 months | −22.9% | 10% |
| Last 3 months | −17.0% | 14% |
The price is 69% below its all-time high of ₹827.1 (27 Dec 2024). Stocks more than 20% below their peak have their score halved, so 8 became 4.
How we calculate it
“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).
The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Concord Enviro Systems Ltd: 0.4 × 4 + 0.4 × 10 + 0.2 × 14 = 8, halved to 4 because the price is more than 20% below its all-time high.
Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.
Full methodology →This describes only how the share price has moved up to 16 Oct 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.
Continue your research
What Concord Enviro Systems Ltd's management said in earlier quarters
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