Concord Enviro Systems LimitedCEWATERCorporate

Engineering Latest results: Mar 2026 11 quarters of data

₹256.50

MCap ₹531 Cr · P/E 60.2

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AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.

₹18 Cr

Sales · Mar 2026

-18.6% YoY

₹2 Cr

Operating Profit · Mar 2026

+2312.5% YoY

10.9%

OPM % · Mar 2026

+2625.0% YoY

₹4 Cr

Net Profit · Mar 2026

+126.6% YoY

₹2.06

EPS · Mar 2026

+126.4% YoY

📝 Concord Enviro Systems Limited — results explained

Quarter ended March 2026 (Q4 FY26)

Concord Enviro Systems Limited reported revenue of ₹18 crore for the quarter ended March 2026 (Q4 FY26), down 18.6% from ₹22 crore in the same quarter last year, and up 32.2% sequentially over the December 2025 quarter.

Net profit rose 126.6% year-on-year to ₹4 crore, from ₹2 crore. Earnings per share (EPS) came in at ₹2.06.

Operating profit stood at ₹2 crore — an operating margin (OPM) of 10.9%, compared with 0.4% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY26, Concord Enviro Systems Limited posted revenue of ₹56 crore, a decline of 1.2% over FY25, with a net profit of ₹9 crore (up 180.9% year-on-year).

On a trailing-twelve-month (TTM) basis, revenue stands at ₹56 crore with a net profit of ₹9 crore.

Valuation snapshot

At the current price of ₹256.50, CEWATER has a market capitalisation of ₹531 crore and a trailing P/E of about 60.2.

Within the Engineering industry, it is the 25th-largest of the 57 companies we track by market value.

Shareholding pattern

As of Sep 2026, promoters held 51.43%, foreign institutional investors (FIIs) 0.55%, domestic institutional investors (DIIs) 6.56%, public shareholders 41.45% of Concord Enviro Systems Limited.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close

Valuation

Market Cap ?

₹531 Cr

Current Price ?

₹256.5

P/E ?

60.24above ind

Industry P/E ?

35.10

P/B ?

2.44

P/S ?

9.50

P/FCF ?

-27.74

Enterprise Value ?

₹533 Cr

EV/EBITDA ?

137.20

PEG ?

1.31

Earnings Yield ?

0.7%

Dividend Yield ?

0.00%

Profitability & Returns

Sales (TTM) ?

₹56 Cr

OPM ?

7.0%

Profit after tax (TTM) ?

₹9 Cr

EPS (TTM) ?

₹4.26

ROCE ?

5.7%

ROE ?

4.0%

ROA ?

3.8%

Growth

Sales — latest qtr ?

₹18 Cr

PAT — latest qtr ?

₹4 Cr

YoY qtr sales growth ?

-18.6%

YoY qtr profit growth ?

126.6%

Sales growth (3y) ?

145%

Sales growth (5y) ?

78%

Profit growth (3y) ?

46%

Profit growth (5y) ?

64%

Financial Health

Debt ?

₹3 Cr

Debt to Equity ?

0.01

Interest Coverage ?

8.5

Current Ratio ?

N/A

Ownership

Promoter holding ?

51.43%

Change in promoter holding ?

0.04%

Pledged percentage ?

N/A

Market

Return 3 months ?

-17.0%

Return 6 months ?

-22.9%

🗓️ Quarterly results (11 quarters · ₹ Cr)

same fiscal quarter as Mar bestweakest per row · for costs (interest, NPAs) low is best Highlight

Metric	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	YoY %	QoQ %
Sales	7	14	17	8	15	12	22	11	14	13	18	-18.6%	+32.2%
Operating Profit	-1	1	-1	-0	0	0	0	-1	5	-1	2	+2312.5%	+263.6%
Other Income	0	1	0	0	0	0	2	7	1	1	4	+79.8%	+202.1%
Interest	0	0	0	0	0	0	0	0	0	0	0	—	-35.7%
Depreciation	0	0	0	0	0	0	0	0	0	0	0	+1800.0%	+46.2%
Profit Before Tax	-1	2	-1	0	1	1	2	5	6	-0	6	+141.0%	+60100.0%
Net Profit	-0	2	-1	0	1	0	2	4	1	-0	4	+126.6%	+1114.3%
EPS	-0.18	1.03	-0.61	0.13	0.36	0.18	0.91	1.90	0.49	-0.20	2.06	+126.4%	+1130.0%
OPM %	-8.2%	10.1%	-8.2%	-0.4%	2.8%	1.0%	0.4%	-12.5%	33.2%	-8.8%	10.9%	+2625.0%	+223.9%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric	FY25	FY26	TTM	YoY %
Sales	₹57 Cr	₹56 Cr	₹56 Cr	-1.2%
Operating Profit	₹1 Cr	₹4 Cr	₹4 Cr	+566.9%
OPM %	1.03%	6.96%	6.96%	+575.7%
NPM %	5.54%	15.77%	15.77%	+184.7%
Other Income	₹3 Cr	₹14 Cr	₹14 Cr	+301.8%
Depreciation	₹0 Cr	₹0 Cr	₹0 Cr	+860.0%
Interest	₹0 Cr	₹0 Cr	₹0 Cr	+2885.7%
EBIT	₹1 Cr	₹4 Cr	₹4 Cr	+548.2%
PBT	₹4 Cr	₹17 Cr	₹17 Cr	+326.5%
Tax	₹0 Cr	₹1 Cr	₹1 Cr	+860.3%
Net Profit	₹3 Cr	₹9 Cr	₹9 Cr	+180.9%
EPS	₹1.58	₹4.25	₹4.25	+169.0%
Material Cost	₹0 Cr	₹13 Cr	₹13 Cr	+4498.2%
Employee Cost	₹2 Cr	₹1 Cr	₹1 Cr	-12.8%
Extraordinary Items	—	—	—	—

🏛️ Balance Sheet (latest 4 periods)

Metric	Mar 2023	Mar 2024	Mar 2025	Mar 2026	% Chg
Equity Capital	9.10	9.10	10.35	10.35	+0.0%
Reserves	32.06	34.37	197.97	207.52	+4.8%
Borrowings	0.00	0.00	0.00	2.59	—
Other Liabilities	11.17	13.79	25.56	10.66	-58.3%
Total Liabilities	52.33	57.26	233.88	231.12	-1.2%
Fixed Assets	1.00	0.97	0.95	5.02	+428.4%
CWIP	0.00	0.00	1.94	0.00	-100.0%
Investments	48.29	49.58	105.12	147.21	+40.0%
Other Assets	3.04	6.71	125.87	78.89	-37.3%
Total Assets	52.33	57.26	233.88	231.12	-1.2%

💧 Cash Flow (latest 4 periods)

Metric	Mar 2023	Mar 2024	Mar 2025	Mar 2026	% Chg
Cash from Operating Activity	-4.10	0.01	0.49	-19.11	-4000.0%
Cash from Investing Activity	3.94	-0.01	-142.73	47.43	+133.2%
Cash from Financing Activity	-0.02	-0.01	162.08	-0.20	-100.1%
Net Cash Flow	-0.19	-0.02	19.83	28.13	+41.9%
Free Cash Flow	-4.10	0.01	-1.45	-19.14	-1220.0%
CFO/OP	31%	-7%	107%	921%	+760.7%

➗ Ratios (latest 4 periods)

Metric	Mar 2023	Mar 2024	Mar 2025	Mar 2026	% Chg
Debtor Days	30.82	13.21	21.55	82.97	+285.0%
Inventory Days	—	0.00	1.60	0.91	-43.1%
Days Payable	—	—	153.71	52.57	-65.8%
Cash Conversion Cycle	30.82	13.21	-130.56	31.31	+124.0%
Working Capital Days	-747.34	-65.19	-36.51	129.81	+455.5%
ROCE %	-18.26%	-0.43%	3.22%	5.70%	+77.0%

👥 Shareholding (latest 5 periods)

Metric	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Sep 2026	% Chg
Promoters	51.39%	51.39%	51.43%	51.43%	51.43%	+0.0%
FIIs	0.95%	0.94%	0.26%	1.28%	0.55%	-57.0%
DIIs	12.20%	11.30%	10.67%	7.25%	6.56%	-9.5%
Public	35.46%	36.38%	37.65%	40.05%	41.45%	+3.5%
No. of Shareholders	56,092	54,564	51,508	49,708	49,977	+0.5%

⚖️ Peer comparison

Industry: Engineering · top 25 of 57 companies · full page →

#	Company	CMP	MCap (Cr)	P/E	Sales TTM	NP TTM	OPM%	NPM%	Sales YoY%	NP YoY%	Qtr Rev Δ%	Qtr NP Δ%
1	MTARTECH Mtar Technologies	₹7,039.50	21,653	161.6	1,080	134	21.1%	12.4%	29.7%	77.1%	130.4%	364.5%
2	AZAD Azad Engineering	₹2,808.60	18,138	130.7	639	139	37.6%	21.8%	31.9%	54.2%	25.9%	19.5%
3	ACE Action Construction	₹1,131.00	13,462	30.8	3,414	437	15.5%	12.8%	-1.4%	1.5%	20.5%	22.3%
4	LLOYDSENGG LLOYDS ENGINEERING	₹81.61	12,646	80.5	1,234	144	14.0%	11.7%	39.4%	18.7%	104.0%	146.6%
5	TITAGARH TITAGARH RAIL	₹837.75	11,282	58.9	3,271	192	11.1%	5.9%	-17.6%	-38.1%	12.6%	69.9%
6	KRN KRN Heat	₹1,414.00	9,256	91.2	737	97	19.5%	13.2%	39.7%	44.6%	118.9%	164.8%
7	ELECON Elecon Engineering	₹407.35	9,141	37.3	2,457	245	21.3%	10.0%	6.2%	-17.8%	10.5%	9.8%
8	DYNAMATECH Dynamatic Technologies	₹12,004.00	8,152	187.5	1,675	43	11.9%	2.6%	15.6%	-23.8%	14.5%	93.0%
9	SKIPPER Skipper	₹534.55	6,530	26.9	5,609	225	10.4%	4.0%	20.1%	42.7%	4.5%	25.5%
10	GMMPFAUDLR GMM Pfaudler	₹1,335.00	6,002	82.3	3,655	68	10.8%	1.8%	10.2%	4.5%	16.4%	117.7%
11	PRAJIND Praj Industries	₹309.00	5,680	188.4	3,244	31	4.8%	1.0%	-1.8%	-88.9%	11.8%	124.7%
12	TEXRAIL Texmaco Rail	₹109.88	4,471	20.7	4,223	214	8.7%	5.1%	-10.9%	-14.1%	-16.9%	70.7%
13	SHANTIGEAR Shanthi Gears	₹552.20	4,238	66.5	499	64	17.8%	12.7%	-14.3%	-20.2%	-14.4%	-56.6%
14	PITTIENG Pitti Engineering	₹1,122.80	4,145	33.8	1,818	125	18.0%	6.9%	7.2%	-3.9%	15.8%	28.3%
15	JASH Jash Engineering	₹586.00	3,686	39.2	708	94	17.2%	13.3%	0.3%	-12.6%	-23.0%	367.7%
16	UNIPARTS Uniparts India	₹776.85	3,505	19.4	1,244	180	22.3%	14.5%	21.5%	79.5%	26.9%	64.3%
17	ANUP Anup Engineering	₹1,641.20	3,288	39.5	739	83	18.7%	11.2%	11.6%	-8.2%	-30.4%	-95.7%
18	HLEGLAS HLE Glascoat	₹469.20	3,259	59.1	1,370	41	9.0%	3.0%	31.7%	-8.4%	5.9%	-88.5%
19	WINDMACHIN Windsor Machines	₹296.90	3,072	375.8	606	7	4.9%	1.1%	54.7%	10.0%	31.4%	91.4%
20	KABRAEXTRU Kabra Extrusion	₹676.00	2,364	n/m	576	4	4.9%	0.7%	-5.4%	-116.7%	64.2%	1102.8%
21	THEJO Thejo Engineering	₹2,173.40	2,358	40.5	674	55	13.2%	8.1%	14.3%	-5.8%	31.0%	56.1%
22	HMT HMT	₹64.38	2,289	—	147	-132	-76.8%	-89.8%	0.3%	8.3%	16.0%	-3.6%
23	JNKINDIA JNK India	₹407.00	2,277	34.8	818	65	11.2%	8.0%	71.6%	114.6%	77.0%	149.3%
24	TIL TIL	₹250.25	2,063	—	377	-30	4.8%	-7.9%	2.5%	-1175.9%	86.2%	12.4%
25	CEWATER Concord Enviro	₹259.35	537	—	541	-8	2.4%	-1.4%	43.9%	358.6%	-16.6%	-526.5%

❓ Frequently asked questions

What was Concord Enviro Systems Limited's revenue in Q4 FY26?

What was Concord Enviro Systems Limited's net profit in Q4 FY26?