Concord Enviro Systems Limited · NSE:CEWATER
Concord Enviro Systems — Q2 FY27 Earnings Presentation
47 slides from Concord Enviro Systems's earnings presentation, Nov 3, 2026
Slide 1: Regulation 30 disclosure cover letter to exchanges
Concord Enviro Systems Limited 101, HDIL Towers, Anant Kanekar Marg, Bandra (E), Mumbai – 400 051, India. T +91 22 6704 9000 F +91 22 6704 9010 E [email protected] W www.concordenviro.in CIN L45209MH1999PLC120599 Date: November 03, 2026 To, National Stock Exchange of India Limited BSE Limited Exch
Slide 2: Concord Enviro Systems Limited Investor Presentation Q2 & H1 FY27
Concord Enviro Systems Limited Investor Presentation Q2 & H1 FY27
Slide 3: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by CONCORD ENVIRO SYSTEMS LIMITED (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for an
Slide 4: Contents
01 Introduction Contents 02 Q2FY27 Performance Snapshot 03 Book Snapshot 04 Growth Opportunities & Strategy 05 Company Profile
Slide 5: Introduction
01 Introduction
Slide 6: Concord | In a nutshell
Concord | In a nutshell A global leader in water and wastewater Headquartered in Mumbai – India, Concord has Global presence across five continents, dedicated treatment, specializing in zero liquid discharge two backward integrated manufacturing to serving clients and fostering a sustainable (ZLD) t
Slide 7: End-to-End Business Model
End-to-End Business Model Upfront and Recurring Revenues Concord Enviro generates initial project revenues through EPC and system sales, establishing a base for ongoing monetization. Consumables and Replacement Demand Ongoing demand for consumables and membranes creates steady, annuity-like revenue
Slide 8: Our Journey
Our Journey 2017-2018 Rochem Separation Systems (India) Private Limited installed its first 1992-1993 HPRO System 2025 Company received an Five new patents granted, 2024 highlighting strength in enquiry for the supply of RO distillation plant to Successfully listed on R&D and innovation the Indian N
Slide 9: Q2FY27 Performance Snapshot
02 Q2FY27 Performance Snapshot
Slide 10: Management Commentary – Q2FY27
Management Commentary – Q2FY27 Prayas Goel Prerak Goel Chairman & Managing Director Executive Director Commenting on the results, leadership team of Concord Enviro Systems , said: “Following the supply-chain and logistics disruptions experienced in Q1 FY27, execution improved during the second quart
Slide 11: Q2 FY27 Highlights (YoY)
Q2 FY27 Highlights (YoY) Revenue from Operations (INR Mn) Gross Profit (INR Mn) & Gross Profit Margin (%) 1,344.55 1,248.45 772.67 629.93 50.5% 57.5% Q2FY26 Q2FY27 Q2FY26 Q2FY27 EBITDA (INR Mn) & EBITDA Margin (%) PAT* (INR Mn) & Margin* (%) 76.57 77.79 44.91 3.6% -6.6% -7.0% - 3.1% 6.1% 5.8% 4.0% -
Slide 12: Q2 FY27 Highlights (QoQ)
Q2 FY27 Highlights (QoQ) Revenue from Operations (INR Mn) Gross Profit (INR Mn) & Gross Profit Margin (%) 1,344.55 772.67 853.47 456.31 53.5% 57.5% Q1FY27 Q2FY27 Q1FY27 Q2FY27 EBITDA (INR Mn) & EBITDA Margin (%) PAT* (INR Mn) & Margin* (%) 77.79 5.8% 20.6% - 3.1% -41.04 -17.5% -6.6% -7.0% -175.69 -1
Slide 13: Q2FY27 Financial Highlights
Q2FY27 Financial Highlights Q2FY27 Financial Highlights o Revenue from operations for Q2FY27 stood at INR 1,344.55 Mn compared to INR 1,248.45 Mn in Q2FY26, improving by 7.7% YoY. The increase in revenue was primarily attributable to strong domestic demand and execution. o EBITDA for Q2FY27 stood at
Slide 14: Q2FY27 Operational Highlights
Q2FY27 Operational Highlights Operational Highlights H-Xtreme and CBG secure initial orders H-Xtreme Heat Exchanger and the compressed biogas platform achieved their first order milestones during the period, validating customer interest and marking an important step towards commercialisation. Dehumi
Slide 15: New Initiatives: Getting into Action
New Initiatives: Getting into Action Moving beyond opportunity identification to commercial execution across three technology-led growth verticals 01 02 03 DEHUMIDIFICATION COMPRESSED BIOGAS H-XTREME Licensed technology expands the Concord is translating its anaerobic The corrosion-resistant heat po
Slide 16: India's naval modernisation creates a multi-year opportunity for Concord
India's naval modernisation creates a multi-year opportunity for Concord More ships and submarines can expand demand for onboard desalination systems and recurring lifecycle services ₹7.85 tn ₹2.19 tn ₹1.85 tn ₹1.39 tn Defence allocation Capital outlay Capital acquisition Domestic procurement +15.2%
Slide 17: Revenue Breakup
Revenue Breakup Q2FY27 Revenue Breakup Product / Service Q1FY27 Q2FY27 H1FY27 H1FY26 (INR Mn.) 27% 315.76 497.44 Systems & Plants 1,471.35 1,228.55 Sale of consumables 75% Systems & Plants 227.57 358.51 104.32 480.47 5% 488.59 497.44 and spare parts Consumables & Spares 310.14 488.59 O&M services 62
Slide 18: Q2FY27 Financial Highlights
Q2FY27 Financial Highlights Particulars (INR Mn.) Q2 FY27 Q2 FY26 YoY change (%) Revenue from Operations 1,344.55 1,248.45 7.7% Other Income 8.91 59.08 -84.9% Total Income 1,353.46 1,307.53 3.5% Cost of raw materials and components consumed 471.59 614.10 -23.2% Service Charges 138.47 130.79 5.9% Pur
Slide 19: Balance Sheet
Balance Sheet Particulars (INR Mn) H1FY27 FY26 Particulars (INR Mn) H1FY27 FY26 Equity And Liabilities Assets Equity a) Equity share capital 103.48 103.48 Non-current assets b) Other equity 5,434.07 5,612.20 a) Property, plant and equipment 781.99 827.01 Total Equity 5,537.55 5,715.68 b) Right of us
Slide 20: Order Book Snapshot
03 Order Book Snapshot
Slide 21: Order Book Pipeline
Order Book Pipeline Signed Vs Under negotiation Within India Domestic ₹ 5,588 Mn ₹ 27,000 Mn Outside India International ₹ 1,575 Mn ₹ 8,000 Mn Combined Total All geographies ₹ 7,164 Mn ₹ 35,000 Mn Privileged & Confidential, © 2024, All Rights Reserved. 20
Slide 22: Current Order Book
Current Order Book Total Order Book (INR Mn) INR 1,575 Mn 20% 22% 6,993 7,164 73% 7% 5,947 78% 5,366 5,354 5,360 Systems & Plants INR 5,588 Mn Consumables & Spare Parts Domestic International O & M Services Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27 Domestic Order Inflow (INR Mn) 55% Order Book Updat
Slide 23: Segment Wise Order Book – As on 30th September 2026
Segment Wise Order Book – As on 30th September 2026 S&P Consumables and Spare Parts O&M QoQ (INR Mn) QoQ (INR Mn) QoQ (INR Mn) 5,234 1,425 1,439 3,691 490 238 Q2FY26 Q2FY27 Q2FY26 Q2FY27 Q2FY26 Q2FY27 Privileged & Confidential, © 2024, All Rights Reserved. 22
Slide 24: Growth Opportunities & Strategy
04 Growth Opportunities & Strategy
Slide 25: India - Industrial water & wastewater treatment
India - Industrial water & wastewater treatment Regulation, water scarcity and reuse economics are accelerating adoption of ZLD and high-recovery systems IND IA IN D USTRIA L MA RKET SIZ E WH Y TH E MARKET IS ACCELERATING $3.11bn $5.04bn 01 02 03 2025 2031 Forecast Compliance becomes Water security
Slide 26: Opportunity is shifting from one-time EPC to integrated water outcomes
Opportunity is shifting from one-time EPC to integrated water outcomes Advanced treatment and O&M deepen wallet share across the full asset lifecycle. VALUE POOLS ACROSS THE WATER LIFECYCLE IN-HOUSE Engineering, integration, commissioning DESIGN WATER REUSE & High-recovery membranes, energy-efficien
Slide 27: India's Water Shortage: Turning Scarcity into a Growth Opportunity
India’s Water Shortage: Turning Scarcity into a Growth Opportunity Industrial water security is shifting from an environmental objective to an operating-continuity imperative CONCORD’S INDUSTRIAL OPPORTUNITY 01 Recover more water High-recovery membranes, wastewater recycling and ZLD reduce dependenc
Slide 28: Concord's Green India Opportunity (1/2)
Concord’s Green India Opportunity (1/2) Carbon Capture Government Initiative Concord’s Solution Gov. of India has set first GHG emission (GEI) targets for industries like Carbon capture and mineralisation are our focus. We are working to aluminium, steel, cement, refineries, chlor-alkali, and paper
Slide 29: Concord's Green India Opportunity (2/2)
Concord’s Green India Opportunity (2/2) Solar PV Government Initiative Concord’s Solution Solar PV Cell manufacturing industry uses a significant amount of water Concord offers its technologies such as RO, WHE and UHPRO to provide for various stages of Cell manufacturing process. Manufacturing proce
Slide 30: Concord's Emerging Opportunity in the Indian Market
Concord’s Emerging Opportunity in the Indian Market Semi Conductor Green Hydrogen Industry’s Need Industry’s Need Semi-conductor industry relies of high purity reliable water for chip fab Green hydrogen is produced by electrolyzing water using solar energy. process. Waste-water from the process also
Slide 31: Our R&D Prowess
Our R&D Prowess o Backward-integrated facilities at Vasai (India) & Sharjah (UAE) enables o Custom-designed membranes and module in-house manufacturing of innovations tailored to industry needs membranes — a core component of o Developed high-pressure & ultra high membrane system for distillery clie
Slide 32: Competitive Advantage
Competitive Advantage Build from core - Offering Lowest Integrated Not just assembly Proven Retention. OpEx to clients Integrated R&D | Leading ZLD Solutions Provider Trusted Delivery. through End-to-End Patent-Protected Solution Provider In-house membrane Wastewater tech and deep R&D. Technologies
Slide 33: Competitive Advantage
Competitive Advantage Leading ZLD Solution Integrated Solutions Integrated R&D | Build from core - Not Offering Lowest Proven Retention. Provider in India Provider Patent-Protected just assembly OpEx to clients Trusted Delivery. Technologies through End-to-End Wastewater Leading ZLD Provider by End-
Slide 34: Company Overview
05 Company Overview
Slide 35: Business Segments
Business Segments Sale of Systems & Plants – ~60%-65% of the Revenue ZLD/Reuse Compressed Biogas Plants Consumables Operations and (CBG) & Spare Parts – ~20% Maintenance (O&M) – of Revenue 20% of Revenue Design, manufacture, and sale of Installation of plants for Manufacture and sale of Operation an
Slide 36: Systems & Plants: Compressed Biogas Plants (CBG)
Systems & Plants: Compressed Biogas Plants (CBG) CBG Plant Installation Initiative – April 2024 Completed Biogas Projects Leveraging our expertise in anaerobic digestion technology for efficient waste-to- energy conversion. 1 Diageo Mexico Operaciones, S.A. o Recovering biogas from tequila vinasse a
Slide 37: Systems & Plants: Waste-Water Re-use & ZLD
Systems & Plants: Waste-Water Re-use & ZLD Our systems and plants include treatment plants, membrane-based plants and waste heat evaporators. These are delivered either as part of comprehensive industrial wastewater reuse or ZLD solutions. Customised to client needs, the solutions are provided on a
Slide 38: Other Business Segments
Other Business Segments Supplying essential consumables and spare parts for the seamless operation of the installed systems and plants at the units Consumables & Spare Parts Filtration, Chemical Mechanical & Electrical Customized Solutions & Spare Parts Service Kits Membrane Consumables Comprehensiv
Slide 39: Our Products & Technology
Our Products & Technology RO Plant RO Membrane Waste Heat Evaporators R&D Flat membrane Membrane Bioreactor Privileged & Confidential, © 2024, All Rights Reserved. 38
Slide 40: Leadership in Membrane Technology
Leadership in Membrane Technology o We maintain strong leadership in membrane systems that provide us the edge to treat wastewater efficiently o From manufacturing custom membranes to using module technology that is capable of treating the most difficult wastewater streams without significant pretre
Slide 41: Leadership through Innovation
Leadership through Innovation o We strive in our R&D efforts to stay ahead with the latest technologies being used to deliver our solutions o Our latest developments include two licensed products from US companies that will launch our Printed Spacer Membrane Elements and Raw Effluent Membranes (REM)
Slide 42: Our Brands
Our Brands Concord Enviro operates across multiple geographies with multiple product / technology companies. Each brand provides a unique value or solution to our esteemed clients across the globe Concord Enviro is our global brand Rochem is our flagship brand in India under which we supply our solu
Slide 43: Our Key Clients & its Revenue Breakup
Our Key Clients & its Revenue Breakup Our Marquee Clients Industry Wise Revenue Breakup (%) (Q2FY27) ` ` 6% 11% 6% 2% 17% 21% 18% 19% Chemicals Defence F&B Others Pharma Solar Steel / Engineering / Automobiles Textiles Privileged & Confidential, © 2024, All Rights Reserved. 42
Slide 44: Global Presence
Global Presence North America Europe Over 300+ China Sharjah, UAE domestic & 20+ international Vasai, India customers Africa across 15 Latin Southeast Asia America countries Australia Geographies catered to Headquarter Plants Privileged & Confidential, © 2024, All Rights Reserved. 43
Slide 45: Our Manufacturing Facilities
Our Manufacturing Facilities Vasai, Maharashtra Sharjah, UAE Built Up Area: 96,000 Sq. ft. Built Up Area: 15,000 Sq. ft. Privileged & Confidential, © 2024, All Rights Reserved. 44
Slide 46: Annexure
Annexure Term Description S&P Systems & Plants CBG Compressed Biogas EBITDA is calculated as the sum of (i) restated profit after tax for the year, (ii) tax expenses, (iii) depreciation and amortization expenses, and (iv) finance costs, less EBITDA interest income. EBITDA Margin EBITDA Margin is cal
Slide 47: Thank You!
Thank You! Investor Relations Team Concord Enviro Systems Ltd Investor Relations Team @ Concord Registered Office E: [email protected] Concord Enviro Systems Limited, 101 HDIL Towers, Anant Kanekar Marg, Bandra East, Mumbai - 400051, Maharashtra, India` BSE: 544315, NSE: CEWATER Kanav Khanna | Mah
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