Concord Enviro Systems Limited reported stable Q1 revenue at INR 1,024.00 million, with improved EBITDA and PAT. The company maintains its 18-20% full-year revenue growth guidance despite a flat Q1. The order book stands at INR 5,366.00 crores, with ZLD projects comprising 59%. Recent wins include an INR 800.00 million O&M order. Management expects 60-65% of annual revenue in H2. The company is expanding into solar, green hydrogen, and carbon capture technologies while focusing on operational efficiency.
07Aug 25
Concord Enviro Systems' Subsidiary to Acquire Pathak Utility for INR 1.01 Crore
Concord Enviro Systems' subsidiary, Rochem Separation Systems (India) Private Limited, is acquiring Pathak Utility Private Limited for INR 1.01 crore. The all-cash deal involves purchasing 100% equity share capital of Pathak Utility, specializing in water treatment plant operations and maintenance. The acquisition aims to strengthen RSSPL's presence in the water treatment sector, particularly in third-party operations and maintenance. Pathak Utility reported a turnover of INR 12.31 crore and a net profit of INR 2.04 lakh for FY ending March 2025. The transaction is expected to complete within three months, making Pathak Utility a step-down subsidiary of Concord Enviro Systems.