---
title: "Concord Enviro Systems Ltd (CEWATER) — Share Price, Financials & Analysis"
symbol: "CEWATER"
company: "Concord Enviro Systems Ltd"
canonical: "https://tapetide.com/stocks/CEWATER"
isin: "INE037Z01029"
nse_symbol: "CEWATER"
bse_code: "544315"
sector: "Utilities"
industry: "Waste Management"
market_cap_cr: 591.81
generated_at: "2026-09-13T20:07:49.545Z"
---

# Concord Enviro Systems Ltd (CEWATER)

Canonical page: https://tapetide.com/stocks/CEWATER

## Company

- **NSE Symbol:** CEWATER
- **BSE Code:** 544315
- **ISIN:** INE037Z01029
- **Sector:** Utilities
- **Industry:** Waste Management
- **Macro Sector:** Utilities
- **Stock Type:** EQUITY
- **Listed Since:** 2024-12-27
- **CEO:** Mr. Prayas Goel
- **Face Value:** ₹5
- **F&O Eligible:** No
- **Website:** concordenviro.in

## About

Incorporated in 1999, Concord Enviro Systems Ltd is in the business of manufacturing and trading of water treatment plant components 
 and providing technical consultancy and design services[1]

## Latest Price

- **Price:** ₹284.7
- **Change:** +4.8 (+1.71%)
- **Open:** ₹278
- **Day High:** ₹289.7
- **Day Low:** ₹278
- **Previous Close:** ₹279.9
- **Volume:** 378859
- **As Of:** 2026-09-11T10:28:12+00:00

## Key Fundamentals

Observed at 2026-09-11T04:52:08.876040Z.

- **Market Cap:** ₹591.81 Cr
- **Classification:** Microcap
- **P/E (reported):** -81.6
- **EPS (TTM):** ₹-3.43
- **Book Value:** ₹276.17
- **Price to Book:** 1.01
- **Dividend Yield:** 0%
- **ROE:** 3.99%
- **ROCE:** 7.73%
- **Debt to Equity:** 0.29
- **Revenue (yearly):** ₹585.7 Cr
- **Net Income:** ₹22.8 Cr
- **EBITDA:** ₹64.4 Cr
- **52-Week High:** ₹539.9
- **52-Week Low:** ₹235
- **RSI (14):** 55.31

## Tapetide Score

- **Score:** 32 / 100
- **Score date:** 2026-09-04
- **Archetype:** Weak and Under Pressure
- **What it means:** Weak financials are the defining feature, and neither the valuation nor the trend reading is strong enough to offset them. Worth reading the risk flags and recent filings closely before anything else.
- **Pillar profile:** Quality: Weak · Valuation: Expensive · Momentum: Falling
- **Percentile:** 3.3 (of 4473 scored stocks)
- **Confidence:** 91%
- **Data coverage:** 81%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 45.16 | 9% |
| growth | 20.75 | 9% |
| momentum | 31.18 | 12% |
| ownership | 30.01 | 24% |
| quality | 34.22 | 22% |
| valuation | 39.12 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Stock is trading at 1.03 times its book value

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Company has a low return on equity of 8.78% over last 3 years.
- Earnings include an other income of Rs.18.7 Cr.
- Company has high debtors of 173 days.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -587.58% | 33.2% | -147.24% |
| ebitda margin growth | -135.84% | -32.68% | -57.51% | -39.79% |
| net income growth | -223.94% | -60.82% | 54% | 0% |
| revenue growth | -57.48% | -2.25% | 18% | 10% |
| roce | -166.36% | -49.31% | -75.98% | 14.68% |
| roe | -224.08% | -63.39% | 14.9% | -35.02% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 97 | 123 | 200 | 103 | 162 | 123 | 207 | 102 | 125 | 125 | 206 | 85 |
| Expenses | 75 | 100 | 161 | 100 | 135 | 119 | 149 | 104 | 117 | 121 | 188 | 101 |
| Operating Profit | 23 | 23 | 39 | 3 | 27 | 3 | 58 | -1 | 7 | 3 | 18 | -16 |
| OPM % | 23 | 19 | 20 | 3.1 | 17 | 2.8 | 28 | -1.2 | 6 | 2.8 | 9 | -19 |
| Other Income | 1 | 7 | -1 | 0 | 0 | -3 | 1 | 14 | 5 | -2 | 9 | 6 |
| Interest | 5 | 4 | 4 | 5 | 5 | 6 | 6 | 5 | 5 | 6 | 6 | 5 |
| Depreciation | 6 | 5 | 3 | 2 | 3 | 3 | 3 | 4 | 4 | 4 | 5 | 5 |
| Profit before tax | 12 | 21 | 31 | -4 | 19 | -8 | 51 | 5 | 4 | -9 | 17 | -20 |
| Tax % | -2 | 10 | 10 | 1 | 10 | 10 | 7 | 14 | -12 | -5 | 18 | -13 |
| Net Profit | 12 | 19 | 28 | -4 | 17 | -9 | 47 | 4 | 4 | -8 | 14 | -18 |
| EPS in Rs | 6.81 | 10.21 | 15.42 | -2.4 | 9.51 | -4.14 | 22.77 | 1.99 | 2.17 | -3.95 | 6.84 | -8.49 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 383 | 348 | 329 | 343 | 497 | 594 | 558 | 541 |
| Expenses | 308 | 285 | 275 | 299 | 379 | 501 | 522 | 527 |
| Operating Profit | 75 | 63 | 55 | 44 | 118 | 93 | 36 | 13 |
| OPM % | 20 | 18 | 17 | 13 | 24 | 16 | 7 | 2.5 |
| Other Income | 2 | 5 | 9 | 8 | -40 | -2 | 25 | 19 |
| Interest | 43 | 21 | 20 | 20 | 18 | 22 | 22 | 21 |
| Depreciation | 22 | 25 | 25 | 24 | 16 | 11 | 17 | 18 |
| Profit before tax | 12 | 23 | 19 | 8 | 44 | 58 | 23 | -7 |
| Tax % | 37 | 15 | 11 | 27 | 6 | 11 | 13 | — |
| Net Profit | 8 | 20 | 16 | 5 | 41 | 51 | 20 | -7 |
| EPS in Rs | 2495.24 | 6288.89 | 3868.54 | 3.02 | 22.77 | 24.88 | 9.55 | -3.43 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 0.31 | 0.31 | 0.43 | 9 | 9 | 10 | 10 |
| Reserves | -20 | -11 | 268 | 272 | 313 | 523 | 561 |
| Borrowings | 404 | 367 | 171 | 170 | 159 | 134 | 167 |
| Other Liabilities | 137 | 162 | 97 | 141 | 146 | 181 | 213 |
| Total Liabilities | 521 | 518 | 537 | 592 | 628 | 849 | 952 |
| Fixed Assets | 100 | 156 | 149 | 139 | 104 | 107 | 136 |
| CWIP | 5 | 8 | 0 | 0 | 2 | 7 | 4 |
| Investments | 20 | 0 | 22 | 56 | 60 | 66 | 93 |
| Other Assets | 396 | 353 | 366 | 397 | 462 | 669 | 719 |
| Total Assets | 521 | 518 | 537 | 592 | 628 | 849 | 952 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 14 | 62 | 49 | 117 | -35 | 5 | -23 |
| Cash from Investing Activity | -12 | -23 | -28 | -50 | -3 | -122 | 53 |
| Cash from Financing Activity | -1 | -33 | -12 | -27 | -4 | 125 | -1 |
| Net Cash Flow | 2 | 7 | 9 | 41 | -42 | 7 | 28 |
| Free Cash Flow | 0 | 41 | 21 | 112 | -45 | -21 | -44 |
| CFO/OP | 23 | 108 | 97 | 272 | -25 | 8 | -40 |

### Ratios

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 141 | 160 | 142 | 113 | 126 | 107 | 173 |
| Inventory Days | 326 | 253 | 355 | 377 | 254 | 184 | 231 |
| Days Payable | 205 | 180 | 195 | 218 | 191 | 146 | 171 |
| Cash Conversion Cycle | 263 | 232 | 302 | 271 | 189 | 145 | 233 |
| Working Capital Days | -143 | -144 | 120 | 48 | 100 | 145 | 186 |
| ROCE % | — | 12 | 10 | 6 | 25 | 15 | 7 |

## Shareholding Pattern

### Quarterly

| Category | Jun 2022 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 72.39% | 51.39% | 51.39% | 51.39% | 51.39% | 51.39% | 51.43% | 51.43% | 51.43% |
| FIIs | 0% | 5.86% | 3.61% | 1.59% | 0.96% | 0.94% | 0.26% | 1.28% | 0.37% |
| DIIs | 0% | 11.38% | 14.94% | 15.42% | 12.2% | 11.3% | 10.67% | 7.25% | 7.21% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 0% | 17.08% | 11.94% | 13.54% | 16.44% | 17.49% | 18.14% | 20.38% | 21.74% |
| Others | 27.61% | 14.28% | 18.12% | 18.06% | 19.02% | 18.88% | 19.5% | 19.67% | 19.25% |
| No. of Shareholders | 7 | 122635 | 122635 | 56042 | 56092 | 54564 | 51508 | 49708 | 49680 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Sell
- **Buy / Neutral / Sell:** 7 / 4 / 8

### Moving Averages — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 270.06 | Buy |
| EMA (10) | 273.09 | Buy |
| SMA (20) | 269.09 | Buy |
| EMA (20) | 272.43 | Buy |
| SMA (50) | 285.92 | Sell |
| EMA (50) | 281.53 | Buy |
| SMA (100) | 294.11 | Sell |
| EMA (100) | 297.15 | Sell |
| SMA (200) | 330.68 | Sell |
| EMA (200) | 338.28 | Sell |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 58.61 | Neutral |
| MACD (12,26,9) | -1.59 | Buy |
| Stochastic (14,3,3) | 82.86 | Sell |
| ADX (14) | 12.32 | Neutral |
| Williams %R (14) | -13.7 | Sell |
| ATR (14) | 11.84 | High Volatility |
| ROC (12) | 4.77 | Buy |
| Stoch RSI (14) | 100 | Sell |
| UO (7,14,28) | 52.92 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-08-29 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=23336996-157b-4a36-9dce-f11bcf725649.pdf) |
| 2026-08-29 | [Dispatch Of Letter To Shareholders Whose E-Mail Addresses Are Not Registered With Company/Registrar & Transfer Agent/Depository Participants](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=264d32d5-b01b-4327-a7a4-10792c292a6e.pdf) |
| 2026-08-28 | [Notice Of The 27Th Annual General Meeting Of Concord Enviro Systems Limited For The Financial Year 2025-26](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0d6453f4-0cdc-4d66-9b31-f0b7b0fc0e03.pdf) |
| 2026-08-28 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=528ab896-e36a-45e8-af40-aa5ed9ec878a.pdf) |
| 2026-08-13 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=168ff67d-540f-442f-b8df-8c60ba5d3726.pdf) |
| 2026-08-13 | [Announcement under Regulation 30 (LODR)-Monitoring Agency Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bb1be183-78d7-4ba0-8c9d-79fbcb3ec4d6.pdf) |
| 2026-08-12 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=616e1e61-1277-434a-8a10-8dccef0e696d.pdf) |
| 2026-08-11 | [Board Meeting Outcome for Outcome Of Board Meeting Held On August 11 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1f811258-2f1a-4cec-b61c-6c340c10e78c.pdf) |
| 2026-08-11 | [Statement Of Deviation & Variation In The Use Of Proceeds Raised](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6f859d4d-0ac2-4856-8e91-2072c0b2e1be.pdf) |
| 2026-08-11 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ae4ab34a-985a-413c-9f46-7289213e72e1.pdf) |

### Earnings Call Transcripts

| Date | Document |
| --- | --- |
| 2026-08-17 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7ed5d3b9-1c86-47e0-b53e-ff5eafa9b4b2.pdf) |
| 2026-05-28 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=24b3857b-dcfb-4e31-8896-7ff38046c545.pdf) |
| 2026-02-17 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d4f691a9-7e0f-4a67-a6f6-93713065ca38.pdf) |
| 2025-11-14 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b7a31bc1-5078-48fd-82cd-7273a1d101db.pdf) |
| 2025-08-13 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=200382af-bd59-43a0-92e5-fa28bda98d50.pdf) |
| 2025-05-29 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f52a458e-8ca0-43df-849c-e228373841c2.pdf) |
| 2025-02-19 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cbcb2384-b8a4-4506-b57d-2625ccd55f00.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-11 | [Financial Results For Quarter Ended 30Th June 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8a255a67-ad0e-4334-9d57-58f5a73cf148.pdf) |
| 2026-05-22 | [Financial Results For The Year Ended 31St March 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d8fe7514-95f3-4b8b-b3d8-2486b9bafec0.pdf) |
| 2026-02-12 | [Results For Quarter And Nine Months Ended 31St December 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4526fef0-e7e9-4be2-9dbb-fbae5c215953.pdf) |
| 2025-11-07 | [Results For The Quarter And Half Year Ended 30.09.2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0c60f0d8-0924-46d7-bb1b-1d5fa8c6ec2f.pdf) |
| 2025-08-08 | [Financial Results For Quarter Ended 30Th June 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cee2243b-9f17-4640-91b5-e400e318795b.pdf) |
| 2025-05-24 | [Outcome Of The Board Meeting Held On Saturday. May 24 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e02306f5-7a4f-4b15-8e02-a4338b444cfc.pdf) |
| 2025-02-13 | [Financial Results For Quarter And Nine Months Ended 31St December 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8aea92dc-1bf2-4689-be4c-70429e866c7b.pdf) |
| 2025-01-17 | [Results For The Quarter And Half Year Ended September 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=04c32fe2-c0ff-4b84-8463-d785b4d2cb2f.pdf) |

### Investor Presentations

| Date | Document |
| --- | --- |
| 2026-08-11 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=81670b73-ff14-40b2-afa0-5f65b0d6f4e4.pdf) |
| 2026-05-23 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4041515c-eea4-4c31-a41d-72d899aa8e02.pdf) |
| 2026-02-13 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=08b585f7-c208-443d-84f5-f0f733fe3047.pdf) |
| 2025-11-07 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=da1f9467-1f9a-478e-80ca-e76bbd93f2f7.pdf) |
| 2025-08-08 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=359d1983-5138-4383-9233-a2933c7d6d5e.pdf) |
| 2025-05-25 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b3b77571-47fd-4d74-b003-e15848677f47.pdf) |
| 2025-02-14 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e345ce6d-54f2-4d86-bbe4-c6661a496f5e.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b7a31bc1-5078-48fd-82cd-7273a1d101db.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/24b3857b-dcfb-4e31-8896-7ff38046c545.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachLive/24b3857b-dcfb-4e31-8896-7ff38046c545.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4041515c-eea4-4c31-a41d-72d899aa8e02.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachLive/4041515c-eea4-4c31-a41d-72d899aa8e02.pdf) |
| May 2025 | [Concall - May 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f52a458e-8ca0-43df-849c-e228373841c2.pdf) |
| Feb 2025 | [Concall - Feb 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/cbcb2384-b8a4-4506-b57d-2625ccd55f00.pdf) |
| Aug 2025 | [Concall - Aug 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/200382af-bd59-43a0-92e5-fa28bda98d50.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 4 Apr - Promoter group held 51.43% stake with no encumbrances as of March 31, 2026; Dilip Podar ceased by demise. | [Annual Disclosure Under Regulation 31 (4) Of SEBI (Substantial Acquisition Of Shares And Takeovers) Regulations 2011, ('SAST Regulations 2011'). 4 Apr - Promoter group held 51.43% stake with no encumbrances as of March 31, 2026; Dilip Podar ceased by demise.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/28b45abd-5e5f-4902-9489-a423f60a3b6c.pdf) |
| 29 Jan - Q3/9M FY26: Cigarette revenue Rs1,101cr; EBITDA Rs241cr; volume +10.6%. | [Announcement under Regulation 30 (LODR)-Press Release / Media Release 29 Jan - Q3/9M FY26: Cigarette revenue Rs1,101cr; EBITDA Rs241cr; volume +10.6%.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f5f4c10e-773c-4378-bd0f-35a5bf256a10.pdf) |
| 29 Jan - Approved Q3/9M Dec-31,2025 results; appointed Piyush Srivastava MD&CEO from 2 Mar 2026; recommended PwC auditors. | [Announcement under Regulation 30 (LODR)-Change in Directorate 29 Jan - Approved Q3/9M Dec-31,2025 results; appointed Piyush Srivastava MD&CEO from 2 Mar 2026; recommended PwC auditors.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/360a183f-c1cd-4b93-93d2-b40b41d51bb8.pdf) |
| 29 Jan - Approved Q3 PAT ₹6,023L; appointed Piyush Srivastava MD & CEO from 2 Mar 2026 for five years; recommended PwC auditors. | [Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s 29 Jan - Approved Q3 PAT ₹6,023L; appointed Piyush Srivastava MD & CEO from 2 Mar 2026 for five years; recommended PwC auditors.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e29b678e-9d05-4c81-8dc8-0348c14e32ba.pdf) |
| 29 Jan - Appointed Piyush Srivastava as MD & CEO from 2 Mar 2026; Q3 PAT ₹6,023L, 9M PAT ₹17,557L; PW recommended. | [Board Meeting Outcome for Outcome Of The Board Meeting 29 Jan - Appointed Piyush Srivastava as MD & CEO from 2 Mar 2026; Q3 PAT ₹6,023L, 9M PAT ₹17,557L; PW recommended.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/cfa2c5d9-58f8-4277-a8f4-5ea6b40a5fe7.pdf) |
| 28 Apr - Equity shareholders approved the scheme of arrangement on 28 April 2026; company now seeks NCLT approval. | [Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 28 Apr - Equity shareholders approved the scheme of arrangement on 28 April 2026; company now seeks NCLT approval.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a136e92e-2445-46ff-b81f-b69822e34c4e.pdf) |
| 28 Apr - Equity shareholders approved the scheme of arrangement on 28 April 2026; company now seeks NCLT approval. | [Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 28 Apr - Equity shareholders approved the scheme of arrangement on 28 April 2026; company now seeks NCLT approval.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/a136e92e-2445-46ff-b81f-b69822e34c4e.pdf) |
| 24 Mar - Newspaper Publication of Notice of the meeting of Equity Shareholders of the Concord Enviro Systems Limited to be convened as per direction of Hon''ble National … | [Announcement under Regulation 30 (LODR)-Newspaper Publication 24 Mar - Newspaper Publication of Notice of the meeting of Equity Shareholders of the Concord Enviro Systems Limited to be convened as per direction of Hon''ble National …](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7b57d3d5-976e-43bd-9d0e-839c08536110.pdf) |
| 23 Apr - Concord Enviro FZE bought 2.87% of WaHa Inc. for US$574,999.65, securing India/UAE licensing rights. | [Announcement under Regulation 30 (LODR)-Acquisition 23 Apr - Concord Enviro FZE bought 2.87% of WaHa Inc. for US$574,999.65, securing India/UAE licensing rights.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/bb16a39c-53ca-4b03-bd4f-7bbbcefccdea.pdf) |
| 2 Mar - Sanjay Wali resigned as Whole-time Director effective 2 March 2026; will be special advisor. | [Announcement under Regulation 30 (LODR)-Resignation of Director 2 Mar - Sanjay Wali resigned as Whole-time Director effective 2 March 2026; will be special advisor.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9cb1f7f4-61dc-4106-90fe-6a7218bccf54.pdf) |

### Earnings Call Recordings

| Date | Document |
| --- | --- |
| 2026-02-14 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d1e40659-4d8d-4979-9e4e-6adc2a7170a9.pdf) |
| 2025-11-10 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e4f35036-c632-4e11-ad4b-842bd33dde94.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2012 from nse](https://archives.nseindia.com/annual_reports/AR_VSTIND_2011_2012_26072012150809.zip) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a00e7eec-e8f6-44c1-9135-06891c6cc590.pdf) |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ddbd9923-7eaf-4103-8a64-1dced9faf17a.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/396ca4af-1874-4735-8566-a4f245d61995.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1ba46562-f9ea-49e8-aef3-be74646d2885.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/509966/73506509966.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/509966/68797509966.pdf) |
| from bse | [Financial Year 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/509966/5099660320.pdf) |
| from bse | [Financial Year 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/509966/5099660319.pdf) |
| from bse | [Financial Year 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/509966/5099660318.pdf) |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T20:07:49.545Z.