Concord Enviro Systems Limited

BSE: CEWATER544315ISIN INE037Z01029

Utilities
Waste Management
BSE Utilities

Share price

₹225.05-10.90 (-4.62%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹487.15
52W low: ₹220.00
Off 52W high: -53.80%
1M return: -12.70%
3M return: -19.15%
6M return: -27.64%
1Y return: -52.73%
20D avg volume: 4,726
50 DMA: ₹257.20
200 DMA: ₹299.97

Key ratios Consolidated

Market cap: ₹465.77 Cr
Current price: ₹225.05
52W high / low: ₹487.15 / ₹220.00
Face value: ₹5.00
P/E: -29.68
P/B: 0.84
EPS (TTM): ₹-7.58
Book value / share: ₹267.57
ROE: —
ROCE: 7.80%
Operating margin: —
Net margin: —
Debt / equity: 0.26
Net debt: ₹97.97 Cr
Interest cover: 2.29
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: 210.2 days

Financials

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q4 FY24
Income statement
	134.46	85.35	206.04	124.58	124.84	102.39	206.99	122.82	161.89	—
	0.89	6.42	4.64	4.09	5.91	15.06	2.68	1.18	1.65	—
	135.35	91.77	210.68	128.66	130.75	117.45	209.67	124.00	163.54	—
	137.26	110.44	198.16	130.54	125.74	111.34	157.02	131.47	143.80	—
	47.16	38.20	72.77	80.17	61.41	42.65	79.34	48.79	64.39	—
	8.61	2.88	15.72	7.01	11.99	10.29	20.58	12.53	8.99	—
	29.70	30.22	35.74	26.51	25.61	24.06	23.18	23.33	20.11	—
	5.32	5.01	5.55	6.01	4.85	4.51	5.51	5.76	4.94	—
	5.26	5.14	5.06	4.25	3.71	3.55	3.42	4.03	3.84	—
	39.78	30.35	34.71	32.50	29.73	26.67	25.54	29.64	25.48	—
	-1.91	-18.67	12.52	-1.88	5.01	6.11	52.65	-7.47	19.75	—
	0.00	0.00	5.17	-5.17	0.00	0.00	0.00	0.00	0.00	—
	-1.91	-18.67	17.70	-7.05	5.01	6.11	52.65	-7.47	19.75	—
	1.40	-2.57	3.10	0.40	0.47	0.67	3.49	0.79	1.94	—
	-4.10	-17.57	14.15	-8.18	4.49	4.12	47.13	-8.56	17.30	—
	-1.99	-8.49	7.10	-3.96	2.57	2.48	22.77	-4.14	9.51	—
Key metrics
	8.67	-8.52	28.31	3.21	13.57	14.17	61.58	2.32	28.53	—
	6.40%	-10.00%	13.70%	2.60%	10.90%	13.80%	29.80%	1.90%	17.60%	—
	-3.00%	-20.60%	6.90%	-6.60%	3.60%	4.00%	22.80%	-7.00%	10.70%	—
	0.60%	—	3.80%	—	1.70%	—	10.40%	—	—	—
	7.70%	-16.60%	-0.50%	1.40%	-22.90%	—	—	—	—	—
	-191.30%	-526.50%	-70.00%	4.40%	-74.00%	—	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	550.43	557.86	594.44	—
	16.04	27.81	4.72	—
	566.46	585.67	599.16	—
	576.40	558.73	533.15	—
	238.30	257.00	240.86	—
	34.22	45.02	50.79	—
	122.17	106.74	85.30	—
	21.89	20.93	20.52	—
	19.71	16.57	11.40	—
	137.34	121.73	117.55	—
	-9.94	26.94	66.01	—
	0.00	0.00	0.00	—
	-9.93	26.94	66.01	—
	2.33	2.92	6.27	—
	-15.70	19.76	51.49	—
	-7.34	11.02	27.29	—
Key metrics
	31.67	64.44	97.93	—
	5.75%	11.60%	16.50%	—
	-2.85%	3.50%	8.70%	—
	—	7.80%	15.50%	—
	-1.19%	-6.20%	—	—
	-133.28%	-61.60%	—	—
	—	-43.71	-21.01	—
	—	-1.17	0.09	—
	—	0.26	0.25	—
	—	97.97	105.56	—
	—	210.2	128.8	—
Balance sheet
	—	951.84	848.71	—
	—	701.58	620.17	—
	—	53.24	25.19	—
	—	264.13	173.93	—
	—	219.65	172.67	—
	—	139.72	170.26	—
	—	101.47	78.57	—
	—	162.40	136.76	—
	—	336.95	291.36	—
	—	151.21	130.75	—
	—	146.87	122.70	—
	—	4.34	8.05	—
	—	571.57	533.67	—
Cash flow
	—	-23.16	4.75	—
	—	52.71	-122.34	—
	—	-1.49	124.53	—
	—	20.55	25.76	—

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q4 FY24
Income statement
	18.93	12.51	17.64	13.34	13.68	11.22	21.68	11.56	15.05	—
	1.47	1.23	3.96	1.83	2.00	6.72	2.42	0.42	0.36	—
	20.40	13.74	21.59	15.16	15.68	17.94	24.09	11.98	15.41	—
	19.33	13.52	15.99	14.78	15.07	12.68	21.60	11.47	14.64	—
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—
	15.50	13.90	11.94	9.75	13.83	12.50	13.40	13.59	11.60	—
	2.19	1.92	2.02	1.48	1.26	1.34	1.29	1.54	1.13	—
	0.13	0.12	0.09	0.14	0.08	0.06	0.00	0.01	0.00	—
	0.26	0.26	0.19	0.13	0.01	0.01	0.01	0.01	0.01	—
	1.02	0.96	1.10	0.81	1.06	0.63	1.15	0.64	0.48	—
	1.07	0.21	5.61	0.38	0.61	5.26	2.50	0.51	0.77	—
	0.00	0.00	0.39	-0.39	0.00	0.00	0.00	—	—	—
	1.07	0.21	6.00	-0.01	0.61	5.26	2.50	0.51	0.77	—
	0.41	0.09	1.74	0.41	-0.41	1.31	0.62	0.14	0.12	—
	0.66	0.30	4.25	-0.42	1.02	3.95	1.88	0.38	0.65	—
	0.32	0.15	2.06	-0.20	0.49	1.90	0.91	0.18	0.36	—
Key metrics
	1.46	0.59	6.28	0.26	0.70	5.33	2.51	0.53	0.78	—
	7.70%	4.70%	35.60%	1.90%	5.10%	47.50%	11.60%	4.60%	5.20%	—
	3.50%	2.40%	24.10%	-3.10%	7.50%	35.20%	8.70%	3.30%	4.30%	—
	0.50%	—	2.70%	—	0.30%	—	1.20%	—	—	—
	38.40%	11.50%	-18.60%	15.40%	-9.10%	—	—	—	—	—
	-35.30%	-92.40%	126.10%	-210.50%	56.90%	—	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	62.42	55.87	56.58	—
	8.49	14.51	3.34	—
	70.89	70.38	59.93	—
	63.62	58.52	55.91	—
	0.00	0.00	0.00	—
	51.09	48.03	48.01	—
	7.61	6.10	4.91	—
	0.48	0.36	0.02	—
	0.84	0.33	0.02	—
	3.89	3.60	3.17	—
	7.27	11.85	4.02	—
	0.00	0.00	0.00	—
	7.27	11.85	4.02	—
	2.65	2.26	0.89	—
	4.79	9.59	3.13	—
	2.33	5.08	1.66	—
Key metrics
	8.59	12.54	4.06	—
	13.76%	22.40%	7.20%	—
	7.67%	17.20%	5.50%	—
	—	5.50%	1.90%	—
	7.36%	-1.30%	—	—
	-33.75%	206.40%	—	—
	—	-19.14	-1.45	—
	—	-1.99	0.16	—
	—	0.00	0.00	—
	—	-47.47	-19.85	—
	—	38.5	-107.0	—
Balance sheet
	—	231.12	233.88	—
	—	76.97	93.36	—
	—	47.97	19.85	—
	—	12.70	3.33	—
	—	0.12	0.21	—
	—	2.54	3.33	—
	—	5.02	0.95	—
	—	6.93	20.13	—
	—	9.13	21.04	—
	—	0.50	0.00	—
	—	0.50	0.00	—
	—	0.00	0.00	—
	—	217.87	208.32	—
Cash flow
	—	-19.11	0.49	—
	—	47.43	-142.73	—
	—	-0.20	162.08	—
	—	0.03	1.94	—

Compounded growth

Standalone

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): +7.36%
Profit YoY (TTM): -33.75%

Consolidated

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): -1.19%
Profit YoY (TTM): -133.28%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 51.42%

Quarter	30 Sep 2026	September 2026	June 2026
Promoter %	51.42%	51.42%	51.42%

Holder	Type	Holding	Previous	Change
Prayas Kamlesh Goel	Promoter	23.90%	23.90%	0.00%
Prerak Goel	Promoter	14.75%	14.75%	0.00%
Afholdings	Public	8.72%	8.72%	0.00%
Pushpa Goel	Promoter Group	7.59%	7.59%	0.00%
Kotak Infrastructure & Economic Reform Fund	Public	4.35%	4.35%	0.00%
Nidhi Prerak Goel	Promoter Group	2.59%	2.59%	0.00%
Mahesh Rajesh Agrawal	Public	2.57%	2.57%	0.00%
Namrata Goel	Promoter Group	2.42%	2.42%	0.00%
Bandhan Small Cap Fund	Public	1.95%	1.95%	0.00%
Jignesh Vijay Shah	Public	1.91%	1.91%	0.00%
Krttika Goel	Promoter Group	0.17%	0.17%	0.00%
Trishul Enterprises	Promoter Group	0.00%	0.00%	0.00%
SD Podar HUF	Promoter Group	0.00%	0.00%	0.00%
Kamlesh Kumar Goel HUF	Promoter Group	0.00%	0.00%	0.00%
DK Corporation	Promoter Group	0.00%	0.00%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
SFC Environmental Technologies Ltd	3,984	406.75	—	—	—	—	—
Refex Industries Limited	3,051	222.30	11.63	21.00%	+47.93% TTM	+69.81% TTM	-40.68%
EMS LIMITED	1,689	304.15	24.61	12.10%	-33.85% TTM	-62.95% TTM	-39.52%
Antony Waste Handling Cell Limited	871	306.80	12.52	11.50%	+11.83% TTM	-32.02% TTM	-40.65%
Eco Recycling Limited	777	402.75	32.44	26.70%	+31.79% TTM	+18.31% TTM	-32.59%
Concord Enviro Systems Limited	466	225.05	-29.68	7.80%	-1.19% TTM	-133.28% TTM	-52.73%
VVIP Infratech Limited	397	159.00	—	16.90%	—	—	+4.95%
ORGANIC RECYCLING SYSTEMS LIMITED	342	219.25	—	16.00%	—	—	+31.52%
RACE ECO CHAIN LIMITED	181	105.00	22.89	19.70%	+4.43% TTM	+2.06% TTM	-50.08%
GEM Enviro Management Limited	86	38.22	—	12.20%	—	—	-29.22%
EP BIOCOMPOSITES LIMITED S	15	88.00	10.15	16.30%	—	—	-31.25%

Some figures use IPO-document inputs. Growth periods are shown per value; FY means annual.

Filings & corporate actions

Recent announcements

Please find enclosed the audio link for the conference call held on November 04, 2026, for the Financial Results of the Company for the quarter and half year ended September 30, 2026.4 Nov 2026 · Company Update / Analyst / Investor Meet
Pursuant to Regulation 32 of SEBI (LODR) 2015, enclosed herewith the Monitoring Agency Report from ICRA Limited, for quarter ended September 30, 2026.4 Nov 2026 · Company Update / Monitoring Agency Report
Investor Presentation for the Quarter and Half year ended 30.09.20263 Nov 2026 · Company Update / Investor Presentation
Statement of Deviation & Variation for the Quarter ended 30.09.20263 Nov 2026 · Company Update / Reg. 32 (1), (3) - Statement of Deviation & Variation
Results for quarter and half year ended 30.09.20263 Nov 2026 · Result / Financial Results
In compliance with Regulation 30 and 33 of SEBI (LODR) 2015, Outcome of Board Meeting held on November 03, 2026.3 Nov 2026 · Board Meeting / Outcome of Board Meeting
Pursuant to the provisions of Regulation 30 read with Schedule III of Listing Regulations we wish to inform you that the Company is organising a Conference Call at 09.30 a.m. (IST) on Wednesday, ....27 Oct 2026 · Company Update / Analyst / Investor Meet
Concord Enviro Systems Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 03/11/2026 ,inter alia, to consider and approve Pursuant to Regulation ....27 Oct 2026 · Board Meeting / Board Meeting
Pursuant to Regulation 74(5) of SEBI DP Regulations, please find enclosed the Certificate received from MUFG Intime India Private Limited, RTA of the Company for the Quarter ended 30th ....12 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Pursuant to Regulation 30 read with Part A(B) of Schedule III of SEBI LODR Regulations, 2015, we are pleased to inform you that, Rochem Separation Systems (India) Private Limited, a material ....1 Oct 2026 · Company Update / Award of Order / Receipt of Order
Please be informed that, pursuant to the SEBI (PIT) Regulations, 2015, as amended, and the Company''s Code of Conduct to Regulate, Monitor and Report Trading by Designated Persons, the ....28 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
We wish to inform you that the 27th AGM of the Company was held on 22nd September, 2026 at 12.00 noon through VC/OAVM. In this regards, pursuant to Regulation 44(3) of SEBI LODR Regulations, ....23 Sep 2026 · AGM/EGM / AGM
The 27th AGM of the Members of the Company was held on 22nd September, 2026 at 12.00. Noon, through VC/OAVM platform of NSDL in Compliance with the Circulars issued by the MCA. Pursuant ....22 Sep 2026 · AGM/EGM / AGM
Please find enclosed copy of the letter sent to the Shareholders (whose email address are not registered with the Company/RTA/Depository Participants) providing weblink of the Company''s ....29 Aug 2026 · Company Update / General
Please find enclosed copies of the Newspaper Advertisements published in the Free Press Journal (English Language) and in Navshakti (Marathi Language) on 29th August 2026 intimating about ....29 Aug 2026 · Company Update / Newspaper Publication
Pursuant to Reg 34(1) of SEBI (LODR), 2015, please find enclosed Annual Report of the Company for the FY 2025-26.28 Aug 2026 · Others / Reg. 34 (1) Annual Report
Pursuant to Regulation 30 of SEBI (LODR), 2015, please find enclosed the Notice along with Explanatory Statement of the 27th Annual General Meeting of the Company scheduled to be held on ....28 Aug 2026 · AGM/EGM / AGM
Pursuant to Regulation 30 of SEBI (LODR), 2015, enclosed herewith the transcript of Conference call of the Company held on August 12, 2026.17 Aug 2026 · Company Update / Earnings Call Transcript
Pursuant to regulation 32 of SEBI (LODR), 2015, enclosed herewith the Monitoring Agency Report issued by ICRA Limited, for the quarter ended June 30, 2026.13 Aug 2026 · Company Update / Monitoring Agency Report
Pursuant to Reg 47 of SEBI (LODR), 2015, enclosed herewith the copies of extract of newspaper publication pertaining to Unaudited Financial Results of the Company for the quarter ended June 30, 2026.13 Aug 2026 · Company Update / Newspaper Publication
Conference call audio link on the Company's financial results held on 12th August 2026, for the quarter ended June 30, 2026.12 Aug 2026 · Company Update / Analyst / Investor Meet
Investor Presentation for Q1FY2711 Aug 2026 · Company Update / Investor Presentation
Financial Results for quarter ended 30th June 202611 Aug 2026 · Result / Financial Results
Reappointment of Mr. Prayas Goel ( Managing Director), Mr. Prakash Shah (Independent Director), Ms. Kamal Shanbhag (Independent Director) & Mr. Shiraz Bugwadia (Independent Director), subject ....11 Aug 2026 · Company Update / Change in Management
Pursuant to regulation 30(5) of SEBI (LODR) 2015, announcement of Authorization for Determination of Materiality of Events or Information.11 Aug 2026 · Company Update / General
Appointment of Mr. Shleshank Laheri as a Chief Financial Officer of the Company.11 Aug 2026 · Company Update / Change in Management
Statement oof Deviation and Variation for the quarter ended June 30, 2026.11 Aug 2026 · Company Update / Reg. 32 (1), (3) - Statement of Deviation & Variation
In compliance with Regulations 30 and 33 of SEBI (LODR) 2015, Outcome of Board Meeting held on August 11, 2026.11 Aug 2026 · Board Meeting / Outcome of Board Meeting
Pursuant to the provisions of Regulation 30 read with Schedule III of Listing Regulations we wish to inform you that the Company is organising a Conference Call at 10.00 a.m. (IST) on Wednesday, ....7 Aug 2026 · Company Update / Analyst / Investor Meet
Concord Enviro Systems Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 11/08/2026 ,inter alia, to consider and approve the Unaudited Financial ....4 Aug 2026 · Board Meeting / Board Meeting
Pursuant to Reg 74(5) of the SEBI (DP) Regulations, 2018, please find enclosed the certificate received from MUFG Intime India Private Limited of the company for the quarter ended 30th June 2026.9 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Pursuant to Reg 30(6) of SEBI(LODR) regulations, 2015, we hereby inform that the company has made further investment by way of subscribing to 3448 Equity Shares of Rs. 100.00 each, on right ....9 Jul 2026 · Company Update / Acquisition
We wish to inform that Mr. Anish Goel, has tendered his resignation from the position of CFO and KMP of the Company with effect from close of business hours on July 31, 2026. Further, ....6 Jul 2026 · Company Update / General
Pursuant to Reg 30 read with Part A of Schedule III of SEBI (LODR) Regulations, 2015, we hereby inform you that Mr. Anish Goel, has tendered his resignation from the position of CFO and ....6 Jul 2026 · Company Update / Resignation of Chief Financial Officer (CFO)
Pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations"), we hereby inform ....6 Jul 2026 · Others / Outcome without intimation
We wish to inform that the trading window of the Company shall remain closed for dealing in securities of the Company for Designated persons and their immediate relatives from Wednesday, ....25 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Newspaper Publication of Notice of hearing of petition in the matter of Scheme of Arrangement dated 23rd June 202623 Jun 2026 · Company Update / Newspaper Publication
Pursuant to Reg 30 of SEBI(LODR), 2015 we wish to inform you that the Hon''ble National Company Law Tribunal has vide its order dated June 11, 2026 issued further directions in connection ....20 Jun 2026 · Company Update / Scheme of Arrangement
Receipt of order by Rochem Separation Systems (India) Private Limited, Material Wholly owned subsidiary of the company of INR Rs. 16 crores from India''s oldest and most respected integrated ....15 Jun 2026 · Company Update / Award of Order / Receipt of Order
Receipt of Order by the Rochem Seperation Systems (India) Private Limited, Material Subsidiary of the Company of Rs. 16 Crores2 Jun 2026 · Company Update / Award of Order / Receipt of Order

Board meetings

3 Nov 2026 Board Meeting - Financial Results
11 Aug 2026 Board Meeting - Financial Results