Integrated Filing — IndAS



General information about company

Scrip Code 544315
NSE Symbol CEWATER
MSEI Symbol NA
ISIN INE037Z01029
Name of company CONCORD ENVIRO SYSTEMS LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 12-02-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 05-02-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Third quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Unaudited
Segment Reporting Single segment
Description of single segment Water Treatment Products and Technologies
Start date and time of board meeting 12-02-2026   18:20:00
End date and time of board meeting 12-02-2026   18:56:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 12,457.50 35,181.20
Other income 409.00 2,505.40
Total income 12,866.50 37,686.60
2 Expenses
(a) Cost of materials consumed 8,017.20 18,423.30
(b) Purchases of stock-in-trade 700.60 2,929.50
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (2,591.60) (3,785.70)
(d) Employee benefit expense 2,651.20 7,617.40
(e) Finance costs 601.20 1,537.20
(f) Depreciation, depletion and amortisation expense 425.30 1,150.70
(f) Other Expenses
1 Cost of services 1,506.10 3,977.70
2 Other expenses 1,744.00 4,912.10
Total other expenses 3,250.10 8,889.80
Total expenses 13,054.00 36,762.20
3 Total profit before exceptional items and tax (187.50) 924.40
4 Exceptional items (517.50) (517.50)
5 Total profit before tax (705.00) 406.90
6 Tax expense
7 Current tax 149.00 227.40
8 Deferred tax (188.60) (246.40)
9 Total tax expenses (39.60) (19.00)
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations (665.40) 425.90
12 Profit (loss) from discontinued operations before tax (67.30) (251.10)
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax (67.30) (251.10)
15 Share of profit (loss) of associates and joint ventures accounted for using equity method (85.00) (131.50)
16 Total profit (loss) for period (817.70) 43.30
17 Other comprehensive income net of taxes 288.90 1,057.50
18 Total Comprehensive Income for the period (528.80) 1,100.80
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent (817.70) 43.30
Total profit or loss, attributable to non-controlling interests 0.00 0.00
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent (528.80) 1,100.80
Total comprehensive income for the period attributable to owners of parent non-controlling interests 0.00 0.00
21 Details of equity share capital
Paid-up equity share capital 1,034.80 1,034.80
Face value of equity share capital 5 5
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations -3.63 1.42
Diluted earnings (loss) per share from continuing operations -3.63 1.42
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations -0.33 -1.21
Diluted earnings (loss) per share from discontinued operations -0.33 -1.21
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations -3.96 0.21
Diluted earnings (loss) per share from continuing and discontinued operations -3.96 0.21
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) 1 The Unaudited Consolidated financial results THE RESULTS of Concord Enviro Systems Ltd THE CO and its subsidiaries together referred to as the Group and its joint ventures for the qtr and nine months ended Dec31 25 is reviewed by Audit Committee and approved by BOD at their respective meetings held on Feb12 26 The Statutory Auditors of The Co have carried out Limited Review of results 2 The results have been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standards as prescribed under section 133 of the Companies Act 13 as amended read with relevant rules thereunder and other accounting principles generally accepted in India and in terms of Regulation 33 of the SEBI LODR Regulations 15 3 On Sep29 25 The Co through its wholly owned subsidiary Rochem Separation Systems India Pvt Ltd acquired whole equity share capital of Pathak Utility Pvt Ltd which is primarily engaged in the business of Water and Wastewater Management This acquisition is in line with The Co strategic objective of strengthening and expanding the presence in the water treatment sector especially the O and M business 4 During the qtr ended Jun 25 reimbursement of Rs 45mn from AF Holdings representing their proportionate share of expenses incurred for filing of the DRHP in FY23 has been recognized as income under the head Other Income The total filing expenses had been written off in FY23 5 Gov of India has notified the four Labour Codes on Nov21 25 the Code on Wages 19 the Industrial Relations Code 20 the Code on Social Security 20 and the Occupational Safety Health and Working Conditions Code 20 consolidating 29 existing labour laws The Co has assessed the financial impact arising from these regulatory changes particularly concerning the revised definition of wages and its impact on gratuity and other benefits An incremental impact of gratuity liability arising out of past service cost and increase in leave liability together by Rs 51.75mn has been recognized as an Exceptional Item during the quarter considering material regulatory driven and non recurring nature of this impact The Co will continue to monitor state specific rules and further clarifications from the Gov and provide appropriate accounting effects as needed 6 During the qtr ended Dec 2024 The Co had completed its Initial Public Offer of 7137321 equity shares of face value of Rs 5 each at an issue price of Rs701 per share including a share premium of Rs696 per share Issue comprised of fresh issue of 2496433 equity shares aggregating to Rs1750mn and offer for sale of 4640888 equity shares by selling shareholders aggregating to Rs3253.26mn totalling to Rs5003.26mn Pursuant to the IPO equity shares of The Co were listed on NSE and BSE on Dec27 24 The Co share of total offer expenses are Rs129.24mn The details of IPO proceeds of Rs1750mn net of IPO expenses of Rs129.24mn which were utilized as at Dec31 25 are summarised below Particulars Amount to be utilised Utilised amount upto Unutilised amount upto as per prospectus Dec31 2025 Dec31 2025 Objects as given in the Prospectus 1620.76 908.30 712.46 IPO proceeds of Rs712.46mn which were unutilized as at Dec31 25 are temporarily invested in bank deposits 7 Management made a resolution on Feb13 25 to discontinue the operations of Blue water Trading Treatment FZE and to initiate the liquidation process voluntarily BWTT FZE is a step down subsidiary of the Holding Company As a result the going concern assumption is no longer valid for the said entity as at Mar31 2025 the entity was classified as a disposal entity and as a discontinued operation The results of the entity for the year are presented below Particulars Quarter Ended Nine months Year Ended Dec31 Sep30 Dec31 Dec31 Dec31 Mar31 2025 2025 2024 2025 2024 2025 Loss for the 6.73 8.19 19.08 25.11 53.41 67.00 period year from discontinued operations 8 Certain amounts for the prior period and year were reclassified to conform to current period presentation However such reclassifications do not have any impact on the Group previously reported financial result or equity 9 The Co is primarily engaged in the business of providing water and wastewater treatment and reuse solutions including zero liquid discharge technology Chief Operating Decision Makers monitor and review operating results of the Group as a whole Thus there are no other reportable segments for The Co as per requirements of Ind AS 108 Operating Segment



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-10-2025 01-04-2025
Date of end of reporting period 31-12-2025 31-12-2025
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Remeasurement of defined benefit plans 67.00 9.50
Total Amount of items that will not be reclassified to profit and loss 67.00 9.50
2 Income tax relating to items that will not be reclassified to profit or loss 16.90 2.40
3 Amount of items that will be reclassified to profit and loss
1 Foreign exchange differences on translation of Foreign operations 221.80 1,041.60
Total Amount of items that will be reclassified to profit and loss 221.80 1,041.60
4 Income tax relating to items that will be reclassified to profit or loss (17.00) (8.80)
5 Total Other comprehensive income 288.90 1,057.50