Concord Enviro Systems Ltd — Q1 FY27 earnings call
Summary generated by AI from the official transcript Concord Enviro Systems Ltd filed with BSE on 17 Aug 2026. Every statement cites a verbatim quote from that document — open any citation to read it. This is a record of what management said, not a recommendation. How we check these summaries
The short read
Concord Enviro reported Q1 FY27 revenue of INR853 million, down from INR1,024 million a year earlier, with EBITDA turning to a negative INR149 million and a net loss of INR176 million, which management attributed to Middle East supply chain disruptions. The company said its order book grew to INR699 crores, highlighted new orders including a first ZLD order from Europe and large steel sector orders, and discussed a new partnership with WaHa on atmospheric water generation and dehumidification. Management said it expects execution to normalize by the end of Q2 FY27 and order intake for the year to reach about INR1,000 crores.
1 statement from this call is not shown because its supporting quote could not be reproduced within our quoting limits. Nothing shown here is affected: every statement on this page carries its verified quote.
Numbers mentioned
Revenue from operations: INR853 million (Q1 FY27)
p. 5
“For the quarter ended 30th June 26, revenue from operations stood at INR853 million compared to INR1,024 million in Q1 '26.”
Prerak Goel, page 5 of the filed PDF · View the filing
EBITDA: negative INR149 million (Q1 FY27)
p. 5
“EBITDA for the quarter stood at a negative INR149 million compared to a negative INR9 million in Q1 FY26.”
Prerak Goel, page 5 of the filed PDF · View the filing
Net loss: INR176 million (Q1 FY27)
p. 5
“Net loss for the quarter stood at INR176 million compared to a PAT of INR41 million in Q1 FY26.”
Prerak Goel, page 5 of the filed PDF · View the filing
Order book: INR699 crores (as of Q1 FY27)
p. 3
“Our order book has increased to INR699 crores primarily on the back of S&P order book, providing strong revenue visibility for the quarters to come.”
Prerak Goel, page 3 of the filed PDF · View the filing
Steel sector order: INR1,430 million, including INR1,260 million from India's largest steel manufacturer
p. 5
“the orders worth INR1,430 million, including orders of INR1,260 million from India's largest steel manufacturers, have now been signed and are part of the order book”
Prerak Goel, page 5 of the filed PDF · View the filing
What management said it would do
A record of statements made on the call, in the words management used. Parakho does not forecast, endorse or assess them, and their presence here is not a view on whether they will happen.
Execution normalization — end of Q2 FY27
stated conditionally by Prerak Goel
p. 3
“we remain confident that these challenges are temporary and expect execution to normalize by the end of Q2 FY27”
Prerak Goel, page 3 of the filed PDF · View the filing
Q&A highlights
Management's answers to analyst questions, in Parakho's words rather than a transcript. Each row names who answered and carries the verbatim quote it was drawn from.
Management estimated about INR50-55 crores of overall impact for the quarter.
Answered by Management
Asked by Disha: Can you quantify the revenue lost due to disruptions in Q1?
p. 5
“So, about INR50 crores, INR55 crores was the overall impact for the quarter.”
Management, page 5 of the filed PDF · View the filing
Management said supply chain conditions were stabilizing and expected a growth phase, subject to how things play out.
Answered by Management
Asked by Disha: Will Q2 be flat or degrowth given ongoing disruptions?
p. 6
“So, supply chain is getting back to normal. We expect things to be better. So, it should end up in a growth phase, but I would still say that it's subject to some of the things playing out over the next six weeks.”
Management, page 6 of the filed PDF · View the filing
Management said it is a roughly EUR600,000 order with better export margins, delivering in Q3.
Answered by Management
Asked by Disha: What is the size, margin, and revenue timing for the Europe ZLD order?
p. 6
“As in Europe, we do, export margins are definitely better than our local margins here.”
Management, page 6 of the filed PDF · View the filing
Management targeted about INR1,000 crores of order intake for the year, with INR200 crores already achieved.
Answered by Management
Asked by Disha: What is the order intake target and conversion expectation for the pipeline?
p. 6
“I think we are close to about INR200 crores already done and we have some large orders in the pipeline which, both in the international and in the domestic market which we see converting over the next three to four months.”
Management, page 6 of the filed PDF · View the filing
Management said the stake was less than 2%, with about USD575,000 invested.
Answered by Management
Asked by Nikhil Gupta: What stake and capital did Concord put into WaHa?
p. 7
“It's less than 2%. It's basically a stake. As I said, it's more licensing arrangement for their products and they are exclusivity to the Indian and the UAE markets.”
Management, page 7 of the filed PDF · View the filing
Management named Ion Exchange, Thermax, Arvind Envisol, Praj Engineering, and smaller players like Permionics and Hyper Filtration.
Answered by Management
Asked by Nikhil Tiwari: Who are Concord's main competitors in the ZLD segment?
p. 11
“Sir, I think, I mean, if you look at the top five or top six players, I would say Ion Exchange, Thermax, Arvind Envisol, I think there are a couple of other players, Praj Engineering would be there, and a couple of smaller players like Permionics and Hyper Filtration, etc, these would be the five or six key players that are there.”
Management, page 11 of the filed PDF · View the filing
Management said an industry survey placed them just below Ion Exchange.
Answered by Management
Asked by Nikhil Tiwari: What is Concord's market share position in ZLD?
p. 11
“Sir, I think we had done an industry survey about a couple of years back. We were just below Ion Exchange in the whole ZLD segment.”
Management, page 11 of the filed PDF · View the filing
Management said mandates exist for high-carbon industries but implementation mechanisms are still developing, expecting the segment to grow meaningfully in three to five years.
Answered by Management
Asked by Subrata Sarkar: How serious is the Indian government about carbon capture, and can it become significant in five years?
p. 10
“So, we still see this to be taking some more time, I think in the next 3 to 5 years you will see this to be a very large segment that people are working on.”
Management, page 10 of the filed PDF · View the filing
Risks flagged
Supply chain disruptions from the Middle East conflict impacted execution and revenue
p. 3
“Our revenue performance during the quarter was impacted by supply chain disruptions due to the conflict in the Middle East for the better part of the quarter.”
Prerak Goel, page 3 of the filed PDF · View the filing
Generated by claude-sonnet-5. Source: the transcript as filed with BSE. We link to the exchange's copy; we do not host transcripts. Parakho is a data and screening tool, not an investment adviser — nothing here is a recommendation to buy, sell or hold.