Concord Control Systems Ltd
Incorporated in 2011, Concord Control Systems Ltd is in the business of Electrical Machinery for Indian Railways and allied products[1]
- Market Cap ₹ 2,492 Cr.
- Current Price ₹ 2,400
- High / Low ₹ 3,070 / 1,469
- Stock P/E 59.5
- Book Value ₹ 201
- Dividend Yield 0.00 %
- ROCE 31.5 %
- ROE 26.1 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 98.5% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 25.6%
Cons
- Stock is trading at 11.9 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -1.23%
- Company has high debtors of 210 days.
- Working capital days have increased from 125 days to 221 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Industrials Capital Goods Industrial Manufacturing Industrial Products
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| 14 | 16 | 17 | 32 | 49 | 65 | 74 | 210 | |
| 13 | 14 | 15 | 28 | 42 | 48 | 57 | 152 | |
| Operating Profit | 1 | 1 | 2 | 4 | 8 | 17 | 17 | 58 |
| OPM % | 6% | 8% | 11% | 12% | 16% | 26% | 23% | 28% |
| 0 | 0 | 0 | 0 | 0 | 1 | 4 | 3 | |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 |
| Depreciation | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 3 |
| Profit before tax | 1 | 1 | 2 | 3 | 7 | 18 | 20 | 57 |
| Tax % | 27% | 28% | 24% | 24% | 26% | 26% | 24% | 26% |
| 1 | 1 | 1 | 3 | 5 | 13 | 15 | 42 | |
| EPS in Rs | 23.67 | 33.67 | 45.33 | 88.00 | 5.99 | 13.58 | 14.92 | 40.33 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 65% |
| 3 Years: | 62% |
| TTM: | 185% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 98% |
| 3 Years: | 97% |
| TTM: | 178% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 79% |
| 1 Year: | 49% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 27% |
| 3 Years: | 26% |
| Last Year: | 26% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.20 | 0.20 | 0.20 | 0.20 | 6 | 6 | 6 | 10 |
| Reserves | 2 | 3 | 5 | 7 | 16 | 40 | 105 | 199 |
| 2 | 2 | 3 | 3 | 3 | 3 | 0 | 52 | |
| 2 | 3 | 4 | 4 | 6 | 11 | 10 | 50 | |
| Total Liabilities | 6 | 8 | 12 | 15 | 30 | 60 | 122 | 311 |
| 1 | 1 | 1 | 2 | 2 | 3 | 3 | 24 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 |
| Investments | 0 | 0 | 0 | 0 | 2 | 5 | 23 | 47 |
| 5 | 7 | 11 | 12 | 26 | 53 | 95 | 240 | |
| Total Assets | 6 | 8 | 12 | 15 | 30 | 60 | 122 | 311 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| -0 | 2 | 3 | 7 | 6 | -55 | |||
| -0 | -1 | -1 | -5 | -70 | -43 | |||
| -0 | -0 | 8 | -2 | 63 | 102 | |||
| Net Cash Flow | -1 | 0 | 9 | 0 | -0 | 4 | ||
| Free Cash Flow | -0 | 1 | 2 | 6 | 5 | -61 | ||
| CFO/OP | 2% | 64% | 65% | 70% | 67% | -72% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 80 | 91 | 159 | 34 | 67 | 83 | 103 | 210 |
| Inventory Days | 65 | 67 | 71 | 95 | 32 | 34 | 57 | 283 |
| Days Payable | 64 | 74 | 108 | 46 | 28 | 48 | 36 | 142 |
| Cash Conversion Cycle | 81 | 85 | 123 | 83 | 70 | 70 | 124 | 352 |
| Working Capital Days | 83 | 93 | 130 | 48 | 43 | 61 | 93 | 221 |
| ROCE % | 31% | 28% | 38% | 43% | 48% | 25% | 32% |
Insights
In beta| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Closing Order Book Rs Cr |
|
||||
| Manufacturing Units (Group) units |
|||||
| New Orders Received Rs Cr |
|||||
| Orders Executed Rs Cr |
|||||
| Coaching Products Revenue Share % |
|||||
| Total Permanent Employees employees |
|||||
| Traction Products Revenue Share % |
|||||
| In-house R&D Engineers engineers |
|||||
Extracted by Screener AI
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Newspaper Publication
-
Reg. 34 (1) Annual Report.
- 16th AGM on September 30, 2026 via VC/OAVM; FY2025-26 annual report submitted.
-
Intimation Of Evoting
- Company announced remote e-voting for 16th AGM from Sept 26-29, 2026; cut-off date Sept 23, 2026.
-
Board Meeting Outcome for Outcome Of Board Meeting
- Board approved internal, cost and secretarial auditors for FY 2026-27 on 7 September 2026.
-
Notice Of AGM
- 16th AGM on September 30, 2026 at 11:00 a.m. via VC/OAVM.
Annual reports
Concalls
-
May 2026Transcript PPT REC
-
Nov 2025Transcript PPT
-
Nov 2025TranscriptAI SummaryPPT
-
May 2025Transcript PPT
-
May 2025TranscriptAI SummaryPPT
-
Nov 2024Transcript PPT
-
Jul 2024TranscriptAI SummaryPPT
Business Overview:[1]
CCSL, an ISO-certified organization by TUV-SUD South Asia Pvt. Ltd., is an OEM for Indian Railways, RDSO, Chitranjan Loco Works (CLW), and Integral Coach Factory (ICF) for electronics, electricals, mechanical, and electromechanical products. The company is transitioning from a Product/Equipment Supplier to a Solution Provider for Indian Railways. It is currently developing a prototype for Control and Relay Panels, backed by an RDSO Capacity cum Capability Assessment certificate. [2][3]