Concord Enviro Systems Ltd - Stock Valuation and Financial Performance

BSE: 544315 | NSE: CEWATER | Engineering - Industrial Equipments | Small Cap

Concord Enviro Sys. Share Price

510.10 -16.80 -3.19%
as on 25-Apr'25 16:59

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Overall Rating
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1. Quality


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2. Valuation


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3. Price Trend


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Concord Enviro Systems stock performance -

mw4me loader
P/E Ratio (SA):
454.66
Market Cap:
1,055.7 Cr.
52-wk low:
409.1
52-wk high:
860

Is Concord Enviro Systems Ltd an attractive stock to invest in?


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10 Year X-Ray of Concord Enviro Sys.: Login to view analysis.

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Concord Enviro Systems Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 2.1%0.7%-0.1%1.2%-18.3%-0.4%-
Value Creation
Index
-0.9-1.0-1.0-0.9-2.3-1.0-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 9.29.93.13.53.83939
Sales YoY Gr.-8.4%-68.4%12.4%7.4%928.2%-
Adj EPS 15.76.4-311.6-4.71.91.1
YoY Gr.--59.6%-146.9%NA-140.2%NA-
BVPS (₹) 1,177.41,183.51,180.6574.522.623.9262.2
Adj Net
Profit
1.30.5-0.31-8.53.42
Cash Flow from Ops. -0.85.40.6-2.4-4.10-
Debt/CF from Ops. 000000-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NA33.6%131.5%928.2%
Adj EPS NA-34.8%NANA
BVPSNA-54.1%-72.8%5.6%
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
1.30.5-0.31.3-18.780.8
Op. Profit
Mgn %
1.27.82.9-63.9-305.80.82.8
Net Profit
Mgn %
14.65.5-8.128.1-224.58.66
Debt to
Equity
000000-
Working Cap
Days
02464154293872930
Cash Conv.
Cycle
0-4-92-322-370-66-10

Recent Performance Summary

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Latest Financials - Concord Enviro Systems Ltd.

Standalone Consolidated
TTM EPS (₹) 1.1 20
TTM Sales (₹ Cr.) 39 497
BVPS (₹.) 262.2 397.9
Reserves (₹ Cr.) 532 813
P/BV 1.95 1.28
PE 454.66 25.48
From the Market
52 Week Low / High (₹) 409.05 / 859.95
All Time Low / High (₹) 409.05 / 859.95
Market Cap (₹ Cr.) 1,056
Equity (₹ Cr.) 10.4
Face Value (₹) 5
Industry PE 52.3

Quarterly Results

 Mar'24 YoY Gr. Rt. %Jun'24 YoY Gr. Rt. %Sep'24 YoY Gr. Rt. %Dec'24 YoY Gr. Rt. %
Sales (₹ Cr.) 39.2 30.939.9 11.538.3 -4.533.8 0.3
Adj EPS (₹) 7.7 471.97.7 9.28.2 24.93.5 -40.1
Op. Profit Mgn % 12.96 674 bps11.53 134 bps10.45 125 bps7.65 -111 bps
Net Profit Mgn % 10.14 782 bps9.93 -20 bps10.96 258 bps5.33 -358 bps

Management X-Ray of Concord Enviro Sys.:

Shareholding Pattern

JavaScript chart by amCharts 3.21.5
JavaScript chart by amCharts 3.21.5Promoters:51.39%Institutions:17.01%Non-Institutions:31.6%

Promoter's Holding & Share Pledging

JavaScript chart by amCharts 3.21.5Sep24Dec24Mar250%10%20%30%40%50%60%
Pledged *0.000.000.00
* Pledged shares as % of Promoter's holding (%)

Valuation of Concord Enviro Sys.

MRP
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MOS
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DP
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Base EPS
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DPS
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MRP: ₹ 0
DP: ₹0
Base EPS ₹:
DPS ₹:
MOS (%):
Expected EPS Growth Rate:
0%
Base 0%
50%
Expected Rate of Return:
0%
Base 0%
50%
Future PE:
0
Base 0
200
YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Event Update

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Analyst's Notes

No data found!

Key Ratios of Concord Enviro Sys.

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Company Name CMP(₹)
Change ₹(%)
Market Cap
Net Sales (₹ Cr.)
Latest EPS (₹)
Net Profit Margin %
Latest P/E
Latest P/BV
Kirloskar Oil Eng 734.6 -17.9 (-2.4%) Small Cap 4,851 29.5 7.4 24.9 3.7
GMM Pfaudler 1,087.7 -8.8 (-0.8%) Small Cap 3,446 25.6 5 42.5 4.6
Praj Industries 505.8 -20.6 (-3.9%) Small Cap 3,391 14.7 7.8 34.3 6.9
Skipper 441.3 -17.5 (-3.8%) Small Cap 3,282 11.1 2.1 39.8 5
Shriram Pistons 1,862.5 -53.2 (-2.8%) Small Cap 2,954 108.9 14.8 17.1 3.6
Elecon Engg. 516.9 -23 (-4.3%) Small Cap 1,600 15.2 18.5 34.1 7
Triveni Turbine 506.6 -13.7 (-2.6%) Small Cap 1,379 10.7 14.9 47.5 16.1
Salasar Techno Engg. 9.1 -0.3 (-3.4%) Small Cap 1,208 0.3 4.4 32 2.2
Jyoti CNC Automation 1,082.6 -31.3 (-2.8%) Small Cap 1,190 11.2 11.7 96.9 12.7
Inox India 1,016.2 -1.1 (-0.1%) Small Cap 1,085 22.4 17 45.5 11
Shows rows:

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales91034439
Operating Expenses 99361540
Manufacturing Costs000000
Material Costs7830033
Employee Cost 000233
Other Costs 2104124
Operating Profit 010-2-12-1
Operating Profit Margin (%) 1.2%7.4%2.9%-63.9%-305.0%-3.8%
Other Income 200331
Interest 000000
Depreciation 000000
Exceptional Items 000000
Profit Before Tax 2101-80
Tax 10000-3
Profit After Tax 1101-82
PAT Margin (%) 14.6%5.2%-7.7%28.0%-222.0%6.0%
Adjusted EPS (₹)15.76.1-2.811.6-4.61.3
Dividend Payout Ratio (%)0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 101102101504143
Share Capital 111199
Reserves 100100100493234
Minority Interest000000
Debt000000
Long Term Debt000000
Short Term Debt000000
Trade Payables2313510
Others Liabilities 100361
Total Liabilities 103105103565254

Fixed Assets

Gross Block231111
Accumulated Depreciation110000
Net Fixed Assets221111
CWIP 000000
Investments 929999494850
Inventories010000
Trade Receivables220101
Cash Equivalents 000000
Others Assets723422
Total Assets 103105103565254

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity -151-2-40
PBT 2101-80
Adjustment -200-3-31
Changes in Working Capital -151-08-1
Tax Paid -1000-10
Cash Flow From Investing Activity 0-5-1340
Capex -101000
Net Investments -1-60110
Others 21-1230
Cash Flow From Financing Activity 000000
Net Proceeds from Shares 000000
Net Proceeds from Borrowing 000000
Interest Paid 000000
Dividend Paid 000000
Others 000000
Net Cash Flow -100000
PARTICULARSMar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)1.340.52-0.241.32-18.725.49
ROCE (%)2.060.67-0.051.23-18.26-0.43
Asset Turnover Ratio0.090.10.030.040.070.73
PAT to CFO Conversion(x)-15N/A-2N/A0
Working Capital Days
Receivable Days87719955678
Inventory Days14240000
Payable Days961052786,597082

Concord Enviro Systems Ltd Stock News

Concord Enviro Systems Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Concord Enviro Sys. on 25-Apr-2025 16:59 is ₹510.1.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 25-Apr-2025 16:59 the market cap of Concord Enviro Sys. stood at ₹1,055.7.
The latest P/E ratio of Concord Enviro Sys. as of 25-Apr-2025 16:59 is 454.7.
The latest P/B ratio of Concord Enviro Sys. as of 25-Apr-2025 16:59 is 1.95.
The 52-week high of Concord Enviro Sys. is ₹860.0 and the 52-week low is ₹409.1.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Concord Enviro Sys. is ₹38.97 ( Cr.) .

About Concord Enviro Systems Ltd

Concord Enviro Systems Limited was originally incorporated as ‘Concord Enviro Systems Private Limited’ under the provisions of the Companies Act, 1956 pursuant to a certificate of incorporation dated July 1, 1999, issued by the RoC. Pursuant to a memorandum of understanding dated August 18, 1999 executed between the company, and ‘Universal Blenders’, a partnership firm constituted pursuant to partnership deed dated August 19, 1992, as amended, the company took over the assets and liabilities of Universal Blenders, which ceased its business operations, and whose operations were taken over and carried in the name of the Company with effect from July 3, 1999. The name of the company was subsequently changed to ‘Concord Enviro Systems Limited’, upon conversion into a public company, pursuant to a board resolution dated May 23, 2022 and a shareholders’ resolution dated May 25, 2022, and a fresh certificate of incorporation was issued by the RoC consequent upon change of name on conversion to public limited company on June 9, 2022.

The company is a global provider of water and wastewater treatment and reuse solutions, including zero liquid discharge (ZLD) technology. It 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 Internet of Things (IoT). The sources through which it generates its revenue include (i) sale of systems and plants (ii) operations and maintenance of installed plants, and (iii) supplying consumables and spares for installed plants. Its business operations include Systems and Plants, operations and maintenance and Consumables and Spares. It has also implemented digitalization solutions (including IoT) to provide data capture and analysis platforms that enable real-time monitoring, troubleshooting and preventative maintenance of its installed systems and plants.

It is an integrated provider of wastewater treatment and ZLD solutions, with focus upon energy optimization and recovery helping industries achieve water conservation and sustainability goals. It also provides its solutions to customers on a turnkey basis. Its integrated solutions incorporate its own custom designs for systems and plants including effluent treatment plants, anaerobic digestors, membrane bio-reactors, sewage treatment plants, membrane-based systems including ultra-filtration (UF), nano-filtration (NF), reverse osmosis (RO), desalination systems and waste heat evaporators (WHE). In addition, it offers its customers a comprehensive suite of O&M services including providing consumables and spare parts. It has also implemented digitalization solutions (including IoT) to provide data capture and analysis platforms that enable real-time monitoring, troubleshooting and preventative maintenance of its installed systems and plants.

Business area of the company

The company is engaged in the business of manufacturing water treatment systems, water pollution control equipment, bio filters, resource recovery systems using membrane technology and operational and maintenance services.

History and milestones

  • 1992-1993: Company received an enquiry for the supply of a reverse osmosis distillation plant to the Indian Navy for user and evaluation trials.
  • 1994-1995: Company ventured into offshore seawater desalination equipment supply via its Subsidiary, Rochem Separation Systems (India) Private Limited.
  • 1994-1995: Order from Goa Shipyard Limited for supply of RO type fresh-water generators for survey vessel yards.
  • 1994-1995: Investment by Rochem Group S.A., Switzerland, into 50% equity share capital of its Subsidiary, Rochem Separation Systems (India) Private Limited.
  • 1995-1996: First order for RO system to be installed on submarines.
  • 2000-2001: Expanded into industrial wastewater reuse through its Subsidiary, Rochem Separation Systems (India) Private Limited by industrial installation along with Aurobindo Pharma Limited.
  • 2006-2007: Set up operations in Sharjah Airport International Free Zone through incorporation of its Subsidiary, Blue Water Trading and Treatment (FZE).
  • 2006-2007: Acquisition by Concord Shipping Private Limited of 50% of the equity share of its joint venture from Rochem AG by purchase of shares of Rochem Separation Systems (India) Private Limited held by Rochem AG
  • 2008-2009: Company expanded its customer segment through its Subsidiary, Rochem Separation Systems (India) Private Limited to the oil and gas sector.
  • 2009-2010: The company acquired the entire shareholding in Reva Enviro Systems Private Limited pursuant to a share purchase agreement dated June 2, 2009.
  • 2009-2010: Earned a total income of Rs 1,000 million in the financial year 2009-10.
  • 2010-2011: Expanded its manufacturing and export facilities in the UAE through incorporation of its Subsidiary, Concord Enviro FZE.
  • 2010-2011: Company expanded its customer segment through its Subsidiary, Rochem Separation Systems (India) Private Limited to the food and beverage sector.
  • 2013-2014: Expanded product portfolio with High Pressure Reverse Osmosis (“HPRO”) and Low-Pressure Reverse Osmosis (LPRO) plants.
  • 2014-2015: Sold NF membrane plant through its Subsidiary, Rochem Separation Systems (India) Private Limited.
  • 2016-17: Incorporation of Roserve Enviro Private Limited, to carry on business of owning and providing on rent/ lease, operating/ maintaining and buying, selling, reselling, all kinds of reverse osmosis plants and allied equipment, machinery, plants, and other equipment.
  • 2017-2018: Rochem Separation Systems (India) Private Limited installed its first HPRO System.
  • 2018-2019: Commercialization of waste heat evaporators by its Subsidiary, Rochem Separation Systems (India) Private Limited.
  • 2018-2019: Commencement of exports to China and Africa, by its Subsidiary Concord Enviro FZE.
  • 2022: Largest export order till date received from one of its international customers namely Diageo Mexico Operaciones, S.A. De C.V.
  • 2024: Orders received for: Integrated membrane brine concentrator for RO rejects from Ranjan Polysters Limited; and Complete wastewater package from refinery sector from Megha Engineering & Infrastructures Limited.

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