BSEOthers3d ago · 28 Aug 2026, 05:17 pm
Pursuant to Reg 34(1) of SEBI (LODR), 2015, please find enclosed Annual Report of the Company for the FY 2025-26.
Concord Enviro Systems Ltd · 544315
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Concord Enviro Systems Ltd has released its Annual Report for FY 2025-26, highlighting revenue from operations at Rs 5,578.56 Mn, adjusted EBITDA at Rs 5,360 Mn, and profit after tax (PAT) at Rs 1,270 Mn. The company has expanded its capabilities and is tackling wider priorities, including resource recovery, energy optimisation, and circular economy outcomes.
Analysis Scores
Earnings Impact8/10
Growth Catalyst6/10
Governance Concern2/10
Regulatory Risk1/10
Balance Sheet Risk3/10
Liquidity Impact9/10
Market Sentiment5/10
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Concord Enviro Systems Ltd - 544315 - Reg. 34 (1) Annual Report.
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Concord Enviro Systems Limited
101, HDIL Towers, Anant Kanekar Marg,
Bandra (E), Mumbai – 400 051, India
T +91 22 6704 9000
F +91 22 6704 9010
E cs@concordenviro.in
Date: 28th August 2026 W www.concordenviro.in
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: Annual Report of the Company for FY 2025-26.
Ref: Regulation 34(1) of the Securities and Exchange Board of India (Listing Obligations and
Disclosure Requirements) Regulations, 2015.
Pursuant to Regulation 34(1) of the Securities and Exchange Board of India (Listing
Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed Annual
Report of the Company for the FY 2025-26.
The Annual Report for the FY 2025-26 is available on the website of the Company at
https://concordenviro.in/assets/download/Annual-Report-2025-26.pdf.
The above is for your information and records.
Yours sincerely,
For Concord Enviro Systems Limited
Prerak Goel
Executive Director
DIN: 00348563
Encl: As above
Concord Enviro Systems Limited
Annual Report 2025-26
Committed
to climate action
Advancing sustainability in water energy carbon
Contents
Corporate Statutory
Overview Reports
01 54
02 Message from the Chairman Big 54 Boards' Report
PG 24
& Managing Director Picture 70 Report on
06 Strengths Corporate Governance
95 Management
10 About Us
22 Milestones Discussion & Analysis
16 Presence
24 Big Picture 99 Secretarial Audit Report
18 Innovation
26 Turnkey solutions provider
30 Industry prominence
36 New opportunities
Financial
38 What we built in FY26
Statements
40 Key Performance Indicators
42 Growth Strategies
48 Environmental
106 Standalone
50 People
164 Consolidated
52 Board of Directors
Message from the
PG 2
Chairman & Managing
Director
Key Highlights of FY26
H H H
5,578.56 366.26 197.57
Mn Mn Mn
Revenue from Operations Adjusted EBITDA Profit After Tax (PAT)
H H H
4,090 5,360 1,270
Mn Mn Mn
Domestic Order Book Total Order Book International Order Book
Disclaimer
This document contains statements about expected future events and financials of
Concord Enviro Systems Limited, which are forward-looking. By their nature, forward-
looking statements require the Company to make assumptions and are subject to
inherent risks and uncertainties. There is a significant risk that the assumptions,
predictions and other forward-looking statements may not prove to be accurate.
Readers are cautioned not to place undue reliance on forward-looking statements,
as several factors could cause assumptions, actual future results and events to differ
materially from those expressed in the forward-looking statements. Accordingly, this
To know more, please visit our website: document is subject to the disclaimer and qualified in its entirety by the assumptions,
www.concordenviro.in qualifications and risk factors referred to in the Management Discussion and Analysis of
this Annual Report.
Committed to
climate action
Advancing sustainability in
water energy carbon
Evolve. Embrace. Endure. These intersections define
the pathways of industries across the world, navigating
rising water stress, accelerating transition towards
cleaner energy mandates and an urgent need to limit
carbon footprints. As resource constraints intensify and
environmental degradation deepens, the focus is firmly
on decisive, tangible interventions, because climate
action cannot be deferred.
At Concord Enviro, we are redefining the way As we continue to evolve, we are expanding into
value is created across sectors. For us, industrial new technology frontiers across high-growth
progression is inseparable from responsible sectors and increasingly complex applications. Our
and sustainable action. Our innovations and efforts focus on reducing the cost of recycled water,
applications transform the way challenges are making it the first choice for industry, and leaving
addressed, technologies are integrated and the sparsely available natural water resources
efficiencies are achieved. Designed for scale and for human consumption. Through continuous
aligned with evolving operational requirements, innovation, we are elevating system efficiency, while
our systems therefore reflect our shift from a delivering compliant, forward-looking solutions.
solutions provider to long-term partner. Every endeavour is strengthening our commitment
to climate action, creating enduring impact. Agile
Our journey began with designing cutting-edge
and attuned, we are shaping resilient industrial
offerings for complex industrial wastewater
ecosystems by advancing sustainability in water,
treatment. As sustainability imperatives intensified,
energy and carbon, delivering long-term value, both
so did our capabilities. Continuously broadening
environmental and economic.
our scope, today we are tackling wider priorities,
spanning resource recovery, energy optimisation Operational safety is another metric we use
and circular economy outcomes. By combining to track our performance and we continue to
engineering expertise with advanced process deliver projects with an exceptionally safe track
technologies, we are helping industries reduce record ensuring the health and well-being of
their water and energy footprint and accelerate our employees and those involved in delivering
decarbonisation efforts across their value chains. our solutions.
Message from the Chairman & Managing Director
Defining the new era of
industrial climate action
Our focus has remained
on strengthening our
technology and solutions to
provide differentiated and
value-added offerings to
our clients. The Research
& Development team is
now the largest for a water
company in India.
Prayas Goel
Chairman & Managing Director
Corporate Overview
Dear Shareholders, `5,578.56 portfolio into several new and
strategically important areas.
FY2025-26 was an eventful year
as we progressed with our vision During the year, we introduced
Revenue from Operations
to become a leader in technology the H-XtremeTM Heat Exchanger,
and solutions for water and a next-generation thermal
wastewater recycle and reuse. solutions platform that expands
We commissioned some of our `366.26 our addressable market beyond
marquee projects and bagged traditional water and wastewater
what is potentially the largest ZLD treatment applications. The
contract in India. Adjusted EBITDA product was formally launched
at ChemTECH Mumbai and
Our focus has remained on
has already generated strong
strengthening our technology and
solutions to provide differentiated
`197.57 market interest across industries,
Mn including solar photovoltaic
and value-added offerings to
manufacturing, green hydrogen,
our clients. The Research &
Profit After Tax and semiconductors. The
Development team is now the
technology is designed to deliver
largest for a water company
significant fuel savings, higher
in India. Their work is being
thermal efficiency and lower
commercialised at a rapid pace
compliance-driven wastewater lifecycle costs while providing
to meet the growing demand
treatment. We envision a future superior serviceability in field
from our clients for applications
where water is treated as a valuable conditions. Although commercial
that are starting to emerge as
resource, industrial waste streams order conversion is expected
corporates focus on waste-to-
become sources of recovery during FY2026-27, early customer
value and more circular economy
and reuse, and environmental trials and engagement levels have
production strategies.
sustainability and economic growth reinforced our confidence in the
Our investment in people has also proceed hand-in-hand. product's market potential.
helped scale the capabilities of
The year unfolded against a Equally important was the
the organisation with our design
backdrop of increasing global successful completion of
and proj
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