Concord Control Systems
1,800.00
+37.35(+2.12%)
Market Cap₹1,783.80 Cr
PE Ratio80.82
Company Performance:
1D+2.12%
1M+9.31%
6M+162.90%
1Y+69.55%
5Y+2,395.49%
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More news about Concord Control Systems
01Sept 25
Concord Control Systems Secures NCLT Approval for Merger with Wholly Owned Subsidiary
Concord Control Systems Limited (CCSL) received NCLT approval for the first motion to merge its wholly owned subsidiary, Advanced Rail Controls Private Limited (ARCPL). The merger, with an appointed date of April 1, 2025, aims to streamline operations, reduce costs, and enhance market positioning. The combined entity is expected to benefit from operational integration, efficient procurement, and expanded market reach. As of March 31, 2025, ARCPL's net worth was ₹1,643.65 lakh, while CCSL's was ₹11,149.46 lakh. The company will proceed with further steps for final NCLT approval, including notifying creditors for objections or comments within 30 days.
13Aug 25
Concord Control Systems Issues Rs 38 Crore Corporate Guarantee for Subsidiary
Concord Control Systems Limited has provided a corporate guarantee of Rs 38.00 crores to Axis Bank Limited for its wholly owned subsidiary, Advanced Rail Controls Private Limited. The guarantee aims to secure working capital and other short-term facilities for the subsidiary. This will be reflected as a contingent liability in Concord Control Systems' financial statements, with no immediate financial impact beyond the disclosure requirement. The company has stated that promoters and group companies have no interest in this transaction beyond their existing shareholding.
15May 25
Concord Control Systems Reports Mixed Q4 Results: Revenue Up, EBITDA Down
Concord Control Systems' Q4 results show a 6.84% year-over-year revenue increase to ₹375.00 crore and an 8.57% net profit growth to ₹76.00 crore. However, EBITDA declined by 23.66% to ₹71.00 crore, with EBITDA margin dropping from 26.50% to 18.93%. The contrasting performance indicates growth challenges alongside operational efficiency concerns.
07May 25
Concord Control Systems to Consider Preferential Share Issuance
Concord Control Systems Ltd. (CCSL) has announced a board meeting on May 14, 2023, to consider issuing shares on a preferential basis. This potential move could lead to capital infusion, changes in ownership structure, and possible strategic partnerships. However, it may also result in dilution of existing shareholdings. The final decision and terms are subject to board approval and regulatory compliance.
Concord Control Systems
1,800.00
+37.35
(+2.12%)
1 Year Returns:+69.55%
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