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Concord Enviro reported Q4 revenue at ₹207 Cr, up 3.4% YoY; EBITDA rose 25% to ₹57.5 Cr; PAT surged 68% to ₹47.1 Cr (22.8% margin). FY25 revenue grew 19.6% to ₹594 Cr, with EBITDA up 16% to ₹93 Cr and PAT up 24% to ₹51.5 Cr. Order book stands at ₹533 Cr, split between ₹180 Cr international and ₹350 Cr domestic. Key segments: systems & plants (60%), O&M (20%), spares & consumables (20%), and new compressed biogas solutions. Membrane product sales hit ₹7.8 Cr in FY25, targeting ₹30 Cr next year. US market entry gained traction; Sharjah plant to start mid-2026. Growth drivers: regulatory compliance, water security, ESG, with FY26 revenue growth guidance at 18-20%. Management emphasized moves into solar PV, green hydrogen, and carbon capture. Stable working capital; project cycles 12-18 months; strong focus on proprietary, low-OPEX tech. Confident outlook supported by diversified sectors, expanding global presence, and competitive tech edge.