Concord Enviro Systems Ltd (CEWATER) — FY26 Annual Report | 28 August 2026

Concord Enviro Systems Ltd (CEWATER) reported FY2025-26 revenue of ₹5,578.56 million, with adjusted EBITDA at ₹36.6 crore and PAT at ₹19.8 crore. The company posted a ₹5,360 million order book, 28% export revenue, and ₹3,000 crore pipeline. Key growth drivers include ZLD demand, ESG regulations, and expansion into solar, hydrogen, and carbon capture. Despite revenue growth, EBITDA margin fell to 6.6% from 17.5% due to operational pressures. The Board approved a ₹5,003.30 million IPO, with ₹75.35 million used for subsidiary capex and ₹198.45 million for general purposes. Governance updates include new directors, CFO changes, and committee dissolutions. The company emphasizes water scarcity, circular economy, and global expansion across 14+ countries.