Concord Control FY26 revenue jumps 69%, EBITDA up 103%

14 May 2026 CW Team

The company said its Board of Directors approved the audited standalone and consolidated financial results for the year ended March 31, 2026, at its meeting held on May 13, 2026. The audit was conducted by M/s Seth & Associates, Chartered Accountants, which issued an unmodified opinion.

Revenue from operations rose 69% year-on-year to ₹210.47 crore in FY26 compared with ₹124.46 crore in FY25. EBITDA more than doubled, increasing 103% to ₹59.28 crore, up from ₹29.14 crore in the previous year.

The company also reported a sharp improvement in profitability, with EBITDA margin expanding 475 basis points to 28.16% from 23.41%. Profit before tax climbed nearly 100% to ₹56.73 crore, while profit after tax surged 87% to ₹42.40 crore, compared with ₹22.65 crore in FY25. PAT margin improved to 20.15%, up by 195 basis points.

Earnings per share increased 86% to ₹41.75 from ₹22.44.

Concord Control Systems said it ended FY26 with a robust order book of ₹696.99 crore, providing strong forward visibility. The company also highlighted stronger momentum in the second half of the year, supported by improved order execution and operating leverage.

Gaurav Lath, Joint Managing Director, Concord Control Systems Limited, said:

“In FY26, Concord Control Systems Limited delivered results in line with our expectations, mirroring the accelerating momentum across India's railway ecosystem. The Government's resolute push for modernisation, expansive infrastructure, safety excellence, and Atmanirbhar manufacturing is not just transforming rail networks — it's redefining national connectivity and economic vitality.

As a trusted OEM partner to Indian Railways, we are at the forefront of this evolution, harnessing technology-driven opportunities with unmatched visibility. Our focus remains on pioneering reliable, cutting-edge solutions that align with the sector's future. This policy momentum heralds a decade of sustainable, high-impact growth, and we are poised to lead it.

Concord Control Systems Limited (BSE: CNCRD | 543619), a manufacturer of embedded electronic systems and critical electronic solutions for railway applications, has reported its strongest-ever performance for FY26, driven by rising execution under India’s railway modernisation programme.The company said its Board of Directors approved the audited standalone and consolidated financial results for the year ended March 31, 2026, at its meeting held on May 13, 2026. The audit was conducted by M/s Seth & Associates, Chartered Accountants, which issued an unmodified opinion.Revenue from operations rose 69% year-on-year to ₹210.47 crore in FY26 compared with ₹124.46 crore in FY25. EBITDA more than doubled, increasing 103% to ₹59.28 crore, up from ₹29.14 crore in the previous year.The company also reported a sharp improvement in profitability, with EBITDA margin expanding 475 basis points to 28.16% from 23.41%. Profit before tax climbed nearly 100% to ₹56.73 crore, while profit after tax surged 87% to ₹42.40 crore, compared with ₹22.65 crore in FY25. PAT margin improved to 20.15%, up by 195 basis points.Earnings per share increased 86% to ₹41.75 from ₹22.44.Concord Control Systems said it ended FY26 with a robust order book of ₹696.99 crore, providing strong forward visibility. The company also highlighted stronger momentum in the second half of the year, supported by improved order execution and operating leverage.Gaurav Lath, Joint Managing Director, Concord Control Systems Limited, said:“In FY26, Concord Control Systems Limited delivered results in line with our expectations, mirroring the accelerating momentum across India's railway ecosystem. The Government's resolute push for modernisation, expansive infrastructure, safety excellence, and Atmanirbhar manufacturing is not just transforming rail networks — it's redefining national connectivity and economic vitality.As a trusted OEM partner to Indian Railways, we are at the forefront of this evolution, harnessing technology-driven opportunities with unmatched visibility. Our focus remains on pioneering reliable, cutting-edge solutions that align with the sector's future. This policy momentum heralds a decade of sustainable, high-impact growth, and we are poised to lead it.

Real Estate

05 Aug 2026

CREDAI-MCHI to Host 10th Design & Construction Conference

CREDAI-MCHI will host the 10th anniversary edition of its Design & Construction Conference on August 19, 2026, at the Jio World Convention Centre in Mumbai.The event is expected to bring together more than 500 procurement leaders, construction heads, architects, consultants and senior real estate decision-makers, alongside over 50 construction and ancillary brands.The conference will feature product launches, technology showcases, knowledge sessions, strategic business-to-business networking and recognition of procurement professionals contributing to the transformation of the construction..

Infrastructure Energy

05 Aug 2026

BorgWarner Wins Extension for High-Voltage Inverter Programmes

BorgWarner has secured a major extension of several high-volume high-voltage inverter programmes from a leading European automotive manufacturer.The contracts cover updated inverter designs for plug-in hybrid and 800V battery-electric vehicle applications. Production is scheduled to begin in 2029.Isabelle McKenzie, President and General Manager, BorgWarner PowerDrive Systems, said the programme extensions demonstrate the company’s position in power electronics and reflect the strength of its technology, in-house expertise and customer relationships.For plug-in hybrid vehicles, BorgWarner wil..

Infrastructure Urban

05 Aug 2026

Castrol India Q2 Profit Rises 43% to Rs 3.48 bn

Castrol India reported a 43 per cent year-on-year increase in profit after tax to Rs 3.48 billion for the quarter ended June 30, 2026, supported by growth across its consumer, industrial and institutional businesses.Revenue from operations increased 25 per cent to Rs 18.71 billion during the second quarter of 2026, compared with Rs 14.97 billion in the corresponding period of 2025. EBITDA rose 41 per cent to Rs 4.94 billion from Rs 3.50 billion.Sequentially, revenue increased from Rs 15.45 billion in the first quarter of 2026, while EBITDA rose from Rs 3.29 billion. Profit after tax increased ..