NSEGeneral Updates4d ago · 3 Nov 2026, 08:11 pm
General Updates
Concord Enviro Systems Limited · CEWATER
✦ AI SummaryResults
Concord Enviro Systems Limited has announced its unaudited standalone and consolidated financial results for the quarter and half year ended 30th September 2026. The results are accompanied by limited review reports issued by the statutory auditors.
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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk3/10
Liquidity Impact6/10
Market Sentiment5/10
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Full Announcement
Results for quarter and half year ended 30.09.2026
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CONCORDENVIRO_03112026201113_OutcomeBM03112026.pdf
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Concord Enviro Systems Limited
101, HDIL Towers,
Anant Kanekar Marg,
Bandra (E), Mumbai – 400051, India.
T +91 22 6704 9000
F +91 22 6704 9010
E cs@concordenviro.in
W www.concordenviro.in
Date: 3rd November 2026 CIN L45209MH1999PLC120599
National Stock Exchange of India Limited BSE Limited
Exchange Plaza, C-1, Block G, Bandra Kurla Phiroze Jeejeebhoy Towers, Dalal Street,
Complex Bandra (E), Mumbai – 400051. Mumbai – 400001.
Symbol: CEWATER Scrip Code: 544315
Dear Sir/Madam,
Sub: Outcome of the Board meeting held on Tuesday, 3rd November 2026.
In compliance with Regulations 30 and 33 read with Schedule III of the Securities and Exchange
Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI
Listing Regulations") and the SEBI Master Circular dated 30th January, 2026 ("SEBI Circular")
(including any statutory modification(s), amendment(s) or re-enactment(s) thereof for the time
being in force), we hereby inform you that the Board of Directors ("Board") of the Company, at its
meeting held today, i.e. 3rd November, 2026, has, inter alia, considered and approved the following:
(i) The Unaudited Standalone and Consolidated Financial Results of the Company for the
quarter and half year ended 30th September, 2026, along with the Limited Review Reports
issued thereon by the Statutory Auditors of the Company, are enclosed herewith as
Annexure – A.
(ii) The Statement of Deviation(s) or Variation(s), if any, in the utilisation of proceeds from the
Initial Public Offer ("IPO") for the quarter and half ended 30th September, 2026, enclosed
herewith as Annexure – B.
The Meeting of the Board of Directors commenced at 16:45 P.M. (IST) and concluded at 17:15 P.M. (IST).
This intimation is also being made available on the Company’s website and can be accessed at:
https://www.concordenviro.in/investors.php.
Kindly take the above on record and oblige.
Thanking you,
For Concord Enviro Systems Limited
Prerak Goel
Executive Director
DIN: 00348563
Place: Mumbai
Encl: As above
Annexure A
Chartered Accountants
Commerz III, 30th & 31st floors
International Business Park
Oberoi Garden City
Off. Western Express Highway
Goregaon (East)
Mumbai-400 063
Maharashtra, India
INDEPENDENT AUDITOR’S REVIEW REPORT ON REVIEW OF INTERIM STANDALONE
FINANCIAL RESULTS
TO THE BOARD OF DIRECTORS OF
CONCORD ENVIRO SYSTEMS LIMITED
1. We have reviewed the accompanying Statement of Standalone Unaudited Financial Results of
CONCORD ENVIRO SYSTEMS LIMITED (“the Company”), for the quarter and half year ended
September 30, 2026 (“the Statement”), being submitted by the Company pursuant to the
requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015, as amended (“the Listing Regulations”).
2. This Statement, which is the responsibility of the Company’s Management and approved by the
Company’s Board of Directors, has been prepared in accordance with the
recognition and measurement principles laid down in the Indian Accounting Standard 34
“Interim Financial Reporting” (“Ind AS 34”), prescribed under Section 133 of the
Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles
generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. Our
responsibility is to express a conclusion on the Statement based on our review.
3. We conducted our review of the Statement in accordance with the Standard on Review Engagements
(SRE) 2410 ‘Review of Interim Financial Information Performed by the Independent Auditor of the
Entity’, issued by the Institute of Chartered Accountants of India (ICAI). A review of interim financial
information consists of making inquiries, primarily of the Company’s personnel responsible for
financial and accounting matters and applying analytical and other review procedures. A review is
substantially less in scope than an audit conducted in accordance with Standards on Auditing specified
under Section 143(10) of the Companies Act, 2013 and consequently does not enable us to obtain
assurance that we would become aware of all significant matters that might be identified in an audit.
Accordingly, we do not express an audit opinion.
4. Based on our review conducted as stated in paragraph 3 above, nothing has come to our attention
that causes us to believe that the accompanying Statement, prepared in accordance with the
recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and
other accounting principles generally accepted in India, has not disclosed the information required to
be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015, as amended, including the manner in which it is to be disclosed, or that it contains
any material misstatement.
For DELOITTE HASKINS & SELLS LLP
Chartered Accountants
Firm’s Registration No. 117366W/W-100018
Nilesh Shah
Partner
Membership No. 049660
UDIN: 26049660WAIPPE1847
Place: Mumbai
Date: November 3, 2026
Regd. Office. One International Center, Tower 3, 31st Floor, Senapati Bapat Marg, Elphinstone Road (West), Mumbai – 400 013, Maharashtra, India.
Deloitte Haskins & Sells LLP is registered with Limited Liability having LLP Identification No. AAB-8737
Chartered Accountants
Commerz III, 30th & 31st floors
International Business Park
Oberoi Garden City
Off. Western Express Highway
Goregaon (East)
Mumbai-400 063
Maharashtra, India
INDEPENDENT AUDITOR’S REVIEW REPORT ON REVIEW OF INTERIM CONSOLIDATED
FINANCIAL RESULTS
TO THE BOARD OF DIRECTORS OF
CONCORD ENVIRO SYSTEMS LIMITED
1. We have reviewed the accompanying Statement of Consolidated Unaudited Financial
Results of CONCORD ENVIRO SYSTEMS LIMITED (“the Parent”) and its subsidiaries
(the Parent and its subsidiaries together referred to as “the Group”) and its share of the
net loss after tax and total comprehensive income of its joint ventures for the quarter and
half year ended September 30, 2026, (“the Statement”), being submitted by the Parent
pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015, as amended (“the Listing Regulations”).
2. This Statement, which is the responsibility of the Parent’s Management and approved by
the Parent’s Board of Directors, has been prepared in accordance with the recognition and
measurement principles laid down in the Indian Accounting Standard 34 “Interim Financial
Reporting” (“Ind AS 34”), prescribed under Section 133 of the Companies Act, 2013 read
with relevant rules issued thereunder and other accounting principles generally accepted in
India and in compliance with Regulation 33 of the Listing Regulations. Our responsibility is
to express a conclusion on the Statement based on our review.
3. We conducted our review of the Statement in accordance with the Standard on Review
Engagements (SRE) 2410 “Review of Interim Financial Information Performed by the
Independent Auditor of the Entity”, issued by the Institute of Chartered Accountants of
India (ICAI). A review of interim financial information consists of making inquiries, primarily
of Parent’s personnel responsible for financial and accounting matters and applying
analytical and other review procedures. A review is substantially less in scope than an audit
conducted in accordance with Standards on Auditing specified under Section 143(10) of the
Companies Act, 2013 and consequently does not enable us to obtain assurance that we
would become aware of all significant matters that might be identified in an audit.
Accordingly, we do not express an audit opinion.
We also performed procedures in accordance with the circular issued by the SEBI under
Regulation 33(8) of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015, as amended, to the extent applicable.
4. The Statement includes the results of the entities listed in Annexure A.
5. Based on our review conducted and procedures per
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