Concord Control Systems Ltd — Important, 30-10-2025: Company Update

Concord Control Systems (CNCRD) has acquired Fusion Electronics, strategically entering India's high-value flex PCB manufacturing sector. Fusion is India's largest flex PCB maker, boasting an annual capacity of 200,000 square meters and a revenue potential of ~₹200 crore at full capacity, with EBITDA margins over 20%. This move positions Concord in a niche segment with limited domestic competition and high import dependency. The acquisition leverages Concord's strengths, targeting high-margin, import-substitution products and aims to expand its advanced EMS and Railway ecosystem, delivering unmatched quality and an expanded product portfolio. Future plans include capacity expansion and integration into SMT and railway electronics.