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.