Concord Enviro Systems Limited — Investor Meet, 28-05-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Concord Enviro Systems reported Q4 FY26 revenue of 206 Cr (+65% QoQ) and EBITDA of 18.5 Cr (+331% QoQ). Full-year revenue declined 6.2% to 557.8 Cr, with EBITDA down 57.9% to 36.6 Cr, impacted by Kenya project delays and Middle East supply chain issues causing a ~43 Cr Q4 shortfall.

The company launched H-Xtreme Heat Exchanger and expanded into raw effluent membrane technology, steel sector ZLD, and solar PV. The order book is 536 Cr, with a 3,000 Cr pipeline and 143 Cr L1 wins (including a >100 Cr steel order). Management is cautious on FY27 margins due to rising costs but highlights strong growth drivers in solar PV, exports, and O&M.