Concord Control Systems Ltd

AI

Concord Control Systems Ltd

₹ 2,484 4.11%
16 Oct - close price
About

Incorporated in 2011, Concord Control Systems Ltd is in the business of Electrical Machinery for Indian Railways and allied products[1]

Key Points

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]

  • Market Cap ₹ 2,579 Cr.
  • Current Price ₹ 2,484
  • High / Low ₹ 3,070 / 1,645
  • Stock P/E 62.4
  • Book Value ₹ 201
  • Dividend Yield 0.00 %
  • ROCE 30.6 %
  • ROE 25.2 %
  • Face Value ₹ 10.0

Pros

  • Company has delivered good profit growth of 98.0% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 27.6%

Cons

  • Stock is trading at 12.3 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding has decreased over last quarter: -1.66%
  • Company has high debtors of 210 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.

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Half Yearly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2021 Mar 2022 Sep 2022 Mar 2023 Sep 2023 Mar 2024 Sep 2024 Mar 2025 Sep 2025 Mar 2026
14 18 26 23 30 35 36 75 82 129
13 15 23 18 23 26 27 59 60 93
Operating Profit 2 2 3 5 8 9 10 15 22 36
OPM % 11% 13% 11% 21% 26% 26% 26% 21% 27% 28%
0 0 0 0 0 1 1 2 1 2
Interest 0 0 0 0 0 0 0 0 1 2
Depreciation 0 0 0 0 0 0 0 1 1 1
Profit before tax 1 2 3 5 8 9 10 17 22 35
Tax % 23% 25% 25% 26% 25% 26% 27% 14% 20% 30%
1 2 2 3 6 7 8 14 17 25
EPS in Rs 1.65 2.56 2.99 3.78 6.67 7.27 7.82 14.21 17.10 23.70
Raw PDF

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 65 124 210
13 14 15 28 42 48 95 152
Operating Profit 1 1 2 4 8 17 30 58
OPM % 6% 8% 11% 12% 16% 26% 24% 28%
0 0 0 0 0 1 3 3
Interest 0 0 0 0 0 0 3 2
Depreciation 0 0 0 0 1 1 2 3
Profit before tax 1 1 2 3 7 18 29 57
Tax % 27% 28% 24% 24% 26% 26% 20% 26%
1 1 1 3 5 13 23 42
EPS in Rs 1.13 1.60 2.16 4.19 5.99 13.58 22.95 40.33
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: 65%
3 Years: 62%
TTM: 69%
Compounded Profit Growth
10 Years: %
5 Years: 98%
3 Years: 97%
TTM: 78%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: 85%
1 Year: 37%
Return on Equity
10 Years: %
5 Years: 28%
3 Years: 28%
Last Year: 25%

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 40 113 199
2 2 3 3 3 3 0 52
2 3 4 4 6 11 16 50
Total Liabilities 6 8 12 15 30 60 137 311
1 1 1 2 2 3 23 22
CWIP 0 0 0 0 0 0 1 2
Investments 0 0 0 0 2 5 8 47
5 7 11 12 26 53 105 240
Total Assets 6 8 12 15 30 60 137 311

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 -7 -55
-0 -1 -1 -5 -14 -43
-0 -0 8 -2 21 102
Net Cash Flow -1 0 9 0 0 4
Free Cash Flow -0 1 2 6 -10 -61
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit 2% 64% 65% 70% -5% -72%

Ratios

Standalone / 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 83 110 210
Inventory Days 65 67 71 95 32 34 216 283
Days Payable 64 74 108 46 28 48 61 142
Cash Conversion Cycle 81 85 123 83 70 70 265 352
Working Capital Days 83 93 130 48 43 61 194 221
ROCE % 31% 28% 38% 43% 48% 37% 31%

Insights

In beta
Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Closing Order Book
Rs Cr

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Manufacturing Units (Group)
units
New Orders Received
Rs Cr
Orders Executed
Rs Cr
Total Permanent Employees
employees
Coaching Products Revenue Share
%
Traction Products Revenue Share
%
In-house R&D Engineers
engineers

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Oct 2022Mar 2023Sep 2023Oct 2023Mar 2024Sep 2024Mar 2025Sep 2025Oct 2025Mar 2026Sep 2026
73.53% 73.53% 73.53% 70.21% 70.21% 70.63% 67.06% 67.06% 66.80% 65.57% 63.91%
6.44% 0.00% 0.00% 0.00% 0.00% 0.02% 0.00% 0.00% 0.00% 0.05% 0.00%
4.17% 2.24% 2.21% 1.96% 1.63% 0.44% 0.43% 0.23% 0.23% 0.63% 2.47%
15.86% 24.23% 24.26% 27.84% 28.16% 28.92% 32.51% 32.71% 32.97% 33.76% 33.62%
No. of Shareholders 3822955836949081,3281,6211,8691,8831,9142,753

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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