Concord Control Systems Reports 64% Revenue Growth in H1FY26, Secures First Kavach 4.0 Order
Concord Control Systems Limited, a manufacturer of embedded electronic systems for India's railway sector, reported strong financial results for H1 FY26. Consolidated revenue increased by 64% to Rs. 81.55 crores, while net profit grew by 85% to Rs. 16.02 crores. The company achieved strategic milestones including RDSO clearance for Kavach 4.0 wayside equipment, secured a Rs. 19.45 crore Kavach 4.0 order, developed an indigenous zero-emission propulsion system, and acquired an 80% stake in Fusion Electronics. The order book expanded to Rs. 313 crores, with management expecting stronger performance in H2FY26.

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Concord Control Systems Limited , a leading manufacturer of embedded electronic systems and critical electronic solutions for India's railway sector, has reported robust financial results for the first half of fiscal year 2026, with significant achievements in strategic initiatives.
Financial Highlights
The company's unaudited financial results for H1 FY26 showcase significant year-on-year growth:
| Metric | H1 FY26 | H1 FY25 | Growth |
|---|---|---|---|
| Consolidated Revenue | Rs. 81.55 crores | Rs. 49.75 crores | 64% |
| Net Profit | Rs. 16.02 crores | Rs. 8.67 crores | 85% |
| EBITDA | Rs. 21.73 crores | - | 53% |
EBITDA margins stood at 26.65% for H1 FY26.
Strategic Milestones
Concord Control Systems has achieved several important strategic milestones:
- Obtained RDSO technical prototype clearance for Kavach 4.0 wayside equipment.
- Secured its first Kavach 4.0 order worth Rs. 19.45 crores through associate company Progota India.
- Developed India's first indigenous zero-emission propulsion system for diesel locomotive conversion.
- Acquired an 80% stake in Fusion Electronics, India's largest flex PCB manufacturer with 200,000 sq.m annual capacity and Rs. 200 crores revenue potential.
Order Book and Future Outlook
- The company's order book increased to Rs. 313 crores from Rs. 212.54 crores.
- Management expects stronger performance in H2FY26 based on continued order inflows and adoption of embedded electronic solutions.
Conclusion
With its strong financial performance, strategic acquisitions, and innovative product developments, Concord Control Systems appears well-positioned for continued growth in the railway technology sector. The company's focus on indigenous solutions and expansion into new areas like zero-emission propulsion systems demonstrates its commitment to innovation and sustainability in the Indian railway industry.
Historical Stock Returns for Concord Control Systems
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.04% | +9.75% | +5.53% | +131.21% | +129.44% | +3,296.65% |








































