Revenue from operations shed 0.27% YoY to Rs 122.82 crore in Q3 FY25. The firm reported a pre-tax loss of Rs 7.77 crore in Q3 FY25, compared to a profit before tax of Rs 20.70 crore in Q3 FY24. Total expenses climbed 20.62% to Rs 131.47 crore in Q3 FY25 from Rs 108.99 crore in Q3 FY24. Cost of material consumed stood at Rs 48.79 crore (down 12.87% YoY), services charges were at Rs 7.52 crore (up 13.93% YoY), and employee benefit expenses were at Rs 23.33 crore (up 33.61% YoY) during the period under review. On a nine-month basis, the company's net profit tumbled 67.41% to Rs 4.36 crore despite a 30.61% rise in revenue from operations to Rs 387.45 crore in 9M FY25 over 9M FY24. EBITDA slipped 19.88% to Rs 33.57 crore in 9M FY25, compared with Rs 41.90 crore posted in 9M FY24. EBITDA margin reduced to 8.67% in 9M FY25 as against 14.13% in 9M FY24. The company's order book currently stands at Rs 546 crore, with the domestic order book contributing 55% and exports accounting for the remaining 45%. Additionally, the company has an active domestic pipeline valued at approximately Rs 800 crore, while the international pipeline is estimated at Rs 350 crore, reflecting strong future growth prospects across both markets. Concord Enviro Systems (CESL) is a global provider of water and wastewater treatment and reuse solutions, including zero liquid discharge (ZLD) technology. CESL has in-house capabilities to develop solutions across the entire value chain, including designing, manufacturing, installation and commissioning, operation and maintenance (O&M), and digitalization solutions, including the Internet of Things (IoT).Powered by Capital Market - Live

Net loss of Concord Enviro Systems reported to Rs 8.56 crore in the quarter ended December 2024 as against net profit of Rs 18.58 crore during the previous quarter ended December 2023. Sales declined 0.28% to Rs 122.82 crore in the quarter ended December 2024 as against Rs 123.16 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales122.82123.16 0 OPM %0.6918.88 - PBDT-3.7425.84 PL PBT-7.7720.70 PL NP-8.5618.58 PL Powered by Capital Market - Live

Concord Enviro Systems will hold a meeting of the Board of Directors of the Company on 13 February 2025.Powered by Capital Market - Live

Revenue from operations increased 66.3% YoY to Rs 161.89 crore during the quarter. Profit before tax (PBT) stood at Rs 19.23 crore in Q2 FY25, up 58.4% as compared with Rs 12.14 crore in Q2 FY24. Total expenses climbed 67.29% to Rs 143.79 crore in Q2 FY25 from Rs 85.95 crore in Q2 FY24.cost fo material consumed stood at Rs 64.38 crore (up 104.19% YoY), services charges was at Rs 6.08 crore (up 20.4% YoY), employee benefit expenses was at Rs 20.10 crore (up 19.86% YoY) during the period under review. Concord Enviro Systems (CESL) is a global provider of water and wastewater treatment and reuse solutions, including zero liquid discharge (ZLD) technology. CESL have in-house capabilities to develop solutions across the entire value chain including designing, manufacturing, installation and commissioning, operation and maintenance (O&M) and digitalization solutions including Internet of Things (IoT).Powered by Capital Market - Live

Concord Enviro Systems will hold a meeting of the Board of Directors of the Company on 13 January 2025.Powered by Capital Market - Live

Concord Enviro Systems will hold a meeting of the Board of Directors of the Company on 17 January 2025.Powered by Capital Market - Live

The scrip was listed at Rs 832, exhibiting a premium of 18.69% to the issue price. So far, the stock has hit a high of 835 and a low of 800.50. On the BSE, over 3.03 lakh shares of the company were traded in the counter so far. The initial public offer (IPO) of Concord Enviro Systems was subscribed 10.67 times. The issue opened for bidding on 19 December 2024 and it closed on 23 December 2024. The price band of the IPO was fixed between Rs 665 and 701 per share. The IPO comprised a fresh issue of equity shares worth up to Rs 175 crore and an offer for sale of up to 46,40,888 equity shares. Of the net proceeds from the fresh issue of equity shares, about Rs 25 crore will be used towards investment in its wholly owned subsidiary (WoS), Concord Enviro FZE (CEF); Rs 10.51 crore towards investment in its WOS, Rochem Separation Systems (India) (RSSPL); Rs 3.07 crore towards funding capital expenditure requirements of the company for purchase of plant and machinery; Rs 50 crore towards investment in its WOS, Concord Enviro FZE for prepayment or repayment, in full or in part, of all or a portion of certain outstanding borrowings availed by Concord Enviro FZE Further, Rs 20 crore will be utilized towards investment in its WOS, Concord Enviro FZE, for funding working capital requirements of Concord Enviro FZE; Rs 10 crore towards investment in its joint venture, Roserve Enviro to grow its pay per use/pay as you treat business; Rs 23.5 crore towards investment in technology and other growth initiatives for access to new markets; and balance towards general corporate purposes. Ahead of the IPO, Concord Enviro Systems on Wednesday, 18 December 2024, raised Rs 150.09 crore from anchor investors. The board allotted 21.41 lakh shares at Rs 701 each to 18 anchor investors. Concord Enviro Systems (CESL) is a global provider of water and wastewater treatment and reuse solutions, including zero liquid discharge (ZLD) technology. CESL have in-house capabilities to develop solutions across the entire value chain including designing, manufacturing, installation and commissioning, operation and maintenance (O&M) and digitalization solutions including Internet of Things (IoT). On a consolidated basis, the firm registered consolidated net profit of Rs 0.52 crore and income from operations of Rs 206.17 crore for the five months ended on 31 July 2024. Powered by Capital Market - Live