Concord Enviro Systems

Concord Enviro reported a weak Q3Current 3 crore vs previous available quarter 6 crore. FY26 with revenue of ₹124.6 croreCurrent reported value: ₹124.6 crore. No comparable prior figure is available in the source record. (flat YoY) and EBITDA margin of 3.5%Current reported value: 3.5%. No comparable prior figure is available in the source record., impacted by project execution delays in Kenya and a BOO project land acquisition. PAT loss widened to ₹8.2 croreCurrent reported value: ₹8.2 crore. No comparable prior figure is available in the source record. due to higher employee costs from new product teams. Management slashed FY26 revenue guidance to ₹600 croreCurrent reported value: ₹600 crore. No comparable prior figure is available in the source record. (2% growth), citing SAP reimplementation and extended lead times. EBITDA margin guidance was cut to 10-12% from 15-16%. Positives include a healthy order book, new HX heat exchanger product launch, and strong pipeline in solar PV and steel ZLD. FY27 growth drivers include CBG orders and export traction, but execution risks persist. Key risk: further project slippages could delay margin recovery.