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Concord Control Systems Limited — Earnings Release 2026
May 13, 2026
59741_rns_2026-05-13_309e2312-8e36-440a-a5ec-b23d4b418af8.pdf
Earnings Release
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CONCORD
CONTROL SYSTEMS LIMITED
CONCORD\BSE\09\2026-27
May 13, 2026
The Secretary,
Listing Department,
BSE Limited,
1st Floor, Phiroze Jeejeebhoy Towers,
Dalal Street,
Mumbai-400001, Maharashtra
Scrip Code: 543619; Symbol: CNCRD ISIN: INE0N0J01014
Sub.: Press Release - Audited Financial Results for the half year and year ended March 31, 2026.
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the press release on the Audited Financial Results of the Company for half year and year ended March 31, 2026.
The above is for your information and record.
Thanking You,
for Concord Control Systems Limited
PUJA
Gupta
Company Secretary & Compliance Officer
Reg. Off: G-36, U.P.S.I.D.C. Industrial Area, Deva Road, Chinhat, Lucknow- 226019 Uttar Pradesh
E-mail: [email protected]; [email protected], Mobile: +91-9919539555, +917800008745
Website: www.concordgroup.in; CIN: L31908UP2011PLC043229
Concord Control Systems Ltd. | FY26 Earnings Release
BSE: CNCRD | May 13, 2026
CONCORD
CONCORD CONTROL SYSTEMS LIMITED
BSE: CNCRD | Scrip Code: 543619 | Investor Release | May 13, 2026
FY26 Earnings Release | Audited Results
Record FY26 — Revenue +69%, EBITDA more than DOUBLES (+103%), PAT +87% — EBITDA margin expands 475 bps to 28.16%
| +69% | +103% | +87% | +86% |
|---|---|---|---|
| REVENUE | |||
| FY26 Y-o-Y | EBITDA | ||
| FY26 Y-o-Y | PAT | ||
| FY26 Y-o-Y | EPS | ||
| FY26 Y-o-Y |
ORDER BOOK — STRONG FORWARD VISIBILITY
₹696.99 Crore as on March 31, 2026
Lucknow, May 13, 2026 — Concord Control Systems Limited (BSE: CNCRD | 543619), India's leading manufacturer of embedded electronic systems and critical electronic solutions for railway applications, today announced its audited financial results for the year ended March 31, 2026 — its strongest year on record, with revenue and profit growth significantly outpacing industry benchmarks.
The Board of Directors approved the audited Standalone and Consolidated Financial Results at its meeting held on May 13, 2026. M/s Seth & Associates, Chartered Accountants, issued audit reports with an unmodified opinion.
Key Financial Summary — FY26 vs FY25
Consolidated (₹ in Crores unless otherwise indicated)
| Particulars (₹ in Crores) | FY26 | FY25 | YoY% |
|---|---|---|---|
| Total Revenue | 213.73 | 127.95 | +67.04% |
| Revenue from Operations | 210.47 | 124.46 | +69.11% |
| EBITDA (Excl. Other Income) | 59.28 | 29.14 | +103.43% |
| EBITDA Margin | 28.16% | 23.41% | +475 bps |
| Profit Before Tax (PBT) | 56.73 | 28.43 | +99.50% |
| Profit After Tax (PAT) | 42.40 | 22.65 | +87.20% |
| PAT Margin | 20.15% | 18.20% | +195 bps |
| EPS (₹) | 41.75 | 22.44 | +86.05% |
Concord Control Systems Limited | CIN: L31908UP2011PLC043229
Concord Control Systems Ltd. | FY26 Earnings Release
BSE: CNCRD | May 13, 2026
Performance Highlights — FY26
- Revenue from Operations grew 69% Y-o-Y to ₹210.47 crore (FY25: ₹124.46 crore) — driven by accelerating execution across the Indian Railway modernisation programme.
- EBITDA more than DOUBLED — up 103% Y-o-Y to ₹59.28 crore (FY25: ₹29.14 crore) — reflecting strong operating leverage and a richer order mix.
- EBITDA Margin expanded 475 bps to 28.16% (FY25: 23.41%) — a step-change in profitability profile.
- Profit Before Tax nearly DOUBLED — up 99.5% Y-o-Y to ₹56.73 crore.
- Profit After Tax surged 87% Y-o-Y to ₹42.40 crore (FY25: ₹22.65 crore); PAT margin expanded 195 bps to 20.15%.
- Earnings Per Share grew 86% Y-o-Y to ₹41.75 (FY25: ₹22.44).
- Robust Order Book of ₹696.99 crore as on March 31, 2026 — providing strong forward revenue visibility.
H2 FY26 Momentum — Acceleration in the Second Half
Performance accelerated meaningfully in H2 FY26, with revenue and profitability scaling sharply over the comparable prior-year period — underscoring the strength of order execution and operating leverage.
| Particulars (₹ in Crores) | H2 FY26 | H2 FY25 | Y-o-Y Growth |
|---|---|---|---|
| Revenue from Operations | 128.93 | 74.71 | +72.6% |
| Profit Before Tax (PBT) | 36.40 | 16.33 | +123.0% |
| Profit After Tax (PAT) | 24.88 | 14.38 | +73.1% |
Management Commentary
Mr. Gaurav Lath, Joint Managing Director, Concord Control Systems Limited:
"In FY26, Concord Control Systems Limited delivered results in line with our expectations, mirroring the accelerating momentum across India's railway ecosystem. The Government's resolute push for modernisation, expansive infrastructure, safety excellence, and Atmanirbhar manufacturing is not just transforming rail networks — it's redefining national connectivity and economic vitality.
As a trusted OEM partner to Indian Railways, we are at the forefront of this evolution, harnessing technology-driven opportunities with unmatched visibility. Our focus remains on pioneering reliable, cutting-edge solutions that align with the sector's future. This policy momentum heralds a decade of sustainable, high-impact growth, and we are poised to lead it."
Key Investment Highlights
- RDSO-approved OEM — leading manufacturer of embedded electronics and critical electronic solutions for Indian Railways, with deep R&D, testing and manufacturing infrastructure.
Concord Control Systems Limited | CIN: L31908UP2011PLC043229
Concord Control Systems Ltd. | FY26 Earnings Release
BSE: CNCRD | May 13, 2026
- Strong Sector Tailwinds — aligned with the Government's Gati Shakti initiative, Atmanirbhar Bharat, and Indian Railways' modernisation, electrification and safety capex cycle.
- Robust Order Book — ₹696.99 crore as on March 31, 2026 — providing visibility for sustained growth.
- Step-Change Profitability — EBITDA margin expanded 475 bps Y-o-Y; PAT margin up 195 bps — demonstrating operating leverage on scale.
- Technology Leadership — high-performance systems designed for the extreme conditions of railway environments; portfolio expanding into export markets.
About Concord Control Systems Limited
Concord Control Systems Limited (CCSL) is India's leading manufacturer of embedded electronics systems and critical electronic solutions supporting India's next-generation rail infrastructure. CCSL is an RDSO-approved OEM and technology leader delivering advanced electrical and electronic systems for Indian Railways. Aligned with the Government's Gati Shakti initiative, Concord leverages state-of-the-art R&D, testing, and manufacturing facilities to deliver products that meet global quality and safety benchmarks, while ensuring zero-defect production and environmentally responsible practices.
CCSL is a trusted partner in India's railway modernisation and digital transformation journey, aspiring to scale its railway technology footprint globally and tap international markets. Its portfolio of robust, durable and high-performance systems is tailor-made for the extreme conditions of railway environments. CCSL is shaping the future of mobility by anticipating emerging railway challenges and transforming them into opportunities through tech-enabled, innovative solutions.
Safe Harbour
This release contains forward-looking statements that involve known and unknown risks, uncertainties and other factors. Actual results may differ materially from those expressed or implied. Concord Control Systems Limited undertakes no obligation to publicly update or revise any forward-looking statements except as required by law.
For Investor / Media Queries:
Skyla Pereira | +91 8975910636 | [email protected]
Company Website: www.concordgroup.in | Registered Office: G-36, U.P.S.I.D.C. Industrial Area, Deva Road, Chinhat, Lucknow 226019, Uttar Pradesh
Concord Control Systems Limited | CIN: L31908UP2011PLC043229