Integrated Filing — IndAS



General information about company

Scrip Code 544315
NSE Symbol CEWATER
MSEI Symbol NOTLISTED
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 22-05-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 15-05-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Fourth 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 Audited
Segment Reporting Single segment
Description of single segment Water Treatment Products and Technologies
Start date and time of board meeting 22-05-2026   17:35:00
End date and time of board meeting 22-05-2026   20:30:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion



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 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Unaudited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 20,604.40 55,785.60
Other income 463.70 2,781.30
Total income 21,068.10 58,566.90
2 Expenses
(a) Cost of materials consumed 7,277.00 25,700.30
(b) Purchases of stock-in-trade 1,572.10 4,501.60
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 2,860.00 (925.70)
(d) Employee benefit expense 3,573.90 10,673.80
(e) Finance costs 555.40 2,092.60
(f) Depreciation, depletion and amortisation expense 506.30 1,657.00
(f) Other Expenses
1 Cost of Services 1,450.00 5,427.70
2 Other Expenses 2,021.00 6,745.30
Total other expenses 3,471.00 12,173.00
Total expenses 19,815.70 55,872.60
3 Total profit before exceptional items and tax 1,252.40 2,694.30
4 Exceptional items 517.50 0.00
5 Total profit before tax 1,769.90 2,694.30
6 Tax expense
7 Current tax 297.70 525.70
8 Deferred tax 12.20 (234.20)
9 Total tax expenses 309.90 291.50
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 1,460.00 2,402.80
12 Profit (loss) from discontinued operations before tax (53.00) (304.10)
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax (53.00) (304.10)
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 8.50 (123.00)
16 Total profit (loss) for period 1,415.50 1,975.70
17 Other comprehensive income net of taxes 756.10 1,813.60
18 Total Comprehensive Income for the period 2,171.60 3,789.30
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 1,414.20 1,975.70
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 756.10 1,813.60
Total comprehensive income for the period attributable to owners of parent non-controlling interests
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 56,120.70
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 7.1 11.02
Diluted earnings (loss) per share from continuing operations 7.1 11.02
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations -0.26 -1.47
Diluted earnings (loss) per share from discontinued operations -0.26 -1.47
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 6.84 9.55
Diluted earnings (loss) per share from continuing and discontinued operations 6.84 9.55
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 March26 is reviewed by Audit Committee and approved by BOD at their respective meetings held on May22 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 Pursuant to the implementation of the new Labour Codes notified by the Government of India, the Company had recognized an exceptional charge of Rs. 51.75 million during the quarter ended march 31, 2026 towards incremental gratuity and leave liability arising from regulatory changes. During the quarter ended march 31, 2026, upon restructuring the salary framework in line with the revised wage definition and reassessment of employee benefit obligations, the Company determined that no incremental liability exists and accordingly reversed the aforesaid provision during the current quarter 5 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 march 31 26 are summarised below Particulars Amount to be utilised Utilised amount upto Unutilised amount upto as per prospectus Mar 31 2026 Mar 31 2026 Objects as given in the Prospectus 1620.76 1183.34 437.42 IPO proceeds of Rs437.41mn which were unutilized as at Mar31 26 are temporarily invested in bank deposits 6 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 2026 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 Year Ended Mar31 Dec30 Mar31 Mar31 Mar31 2026 2025 2025 2026 2025 Loss for the 5.30 6.73 13.57 30.41 67.00 period year from discontinued operations 7 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 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



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 31-03-2026
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 10,146.80
Capital work-in-progress 263.70
Investment property
Goodwill 99.00
Other intangible assets 3,397.70
Intangible assets under development 100.40
Biological assets other than bearer plants
Investments accounted for using equity method 6,912.80
Non-current financial assets
Non-current investments 2,381.90
Trade receivables, non-current
Loans, non-current 0.00
Other non-current financial assets
1 Others 486.60
Total of other non-current financial assets 486.60
Total non-current financial assets 2,868.50
Deferred tax assets (net) 1,140.70
Other non-current assets
1 others 95.60
Total of other non-current assets 95.60
Total non-current assets 25,025.20
2 Current assets
Inventories 21,965.00
Current financial asset
Current investments 0.00
Trade receivables, current 26,413.30
Cash and cash equivalents 5,323.60
Bank balance other than cash and cash equivalents 1,256.60
Loans, current 19.60
Other current financial assets
Total of other current financial assets 958.70
Total current financial assets 33,971.80
Current tax assets (net) 249.20
Other current assets
1 Contract assets 6,244.50
2 Asset classified as held for sale 903.30
3 Others 6,824.60
Total of other current assets 13,972.40
Total current assets 70,158.40
3 Non-current assets classified as held for sale
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 95,183.60
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 1,034.80
Other equity 56,122.00
Total equity attributable to owners of parent 57,156.80
Non controlling interest
Total equity 57,156.80
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 434.40
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
Total Trade payable
Other non-current financial liabilities
1 Lease 1,229.20
2 others 4.00
Total of other non-current financial liabilities 1,233.20
Total non-current financial liabilities 1,667.60
Provisions, non-current 1,363.70
Deferred tax liabilities (net)
Deferred government grants, Non-current
Other non-current liabilities
1 others 114.10
Total of other non-current liabilities 114.10
Total non-current liabilities 3,145.40
Current liabilities
Current financial liabilities
Borrowings, current 14,687.30
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 3,528.50
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 12,711.50
Total Trade payable 16,240.00
Other current financial liabilities
1 lease 385.00
2 others 154.50
Total of other current financial liabilities 539.50
Total current financial liabilities 31,466.80
Other current liabilities 1,793.90
1 Contract liabilities 734.90
2 others 1,059.00
Total of other current liabilities 1,793.90
Provisions, current 247.20
Current tax liabilities (Net) 187.10
Deferred government grants, Current
Total current liabilities 33,695.00
3 Liabilities directly associated with assets in disposal group classified as held for sale 1,186.40
4 Regulatory deferral account credit balances and related deferred tax liability
Total liabilities 38,026.80
Total equity and liabilites 95,183.60
Disclosure of notes on assets and liabilities



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 01-01-2026 01-04-2025
Date of end of reporting period 31-03-2026 31-03-2026
Whether results are audited or unaudited Unaudited Audited
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 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Unaudited Audited
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 definded benefit plan (19.90) (10.40)
Total Amount of items that will not be reclassified to profit and loss (19.90) (10.40)
2 Income tax relating to items that will not be reclassified to profit or loss (5.80) (3.40)
3 Amount of items that will be reclassified to profit and loss
1 FCTR 770.20 1,820.60
Total Amount of items that will be reclassified to profit and loss 770.20 1,820.60
4 Income tax relating to items that will be reclassified to profit or loss 0.00 0.00
5 Total Other comprehensive income 756.10 1,813.60



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2025
B Date of end of reporting period 31-03-2026
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Consolidated
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 2,694.30
Adjustments for reconcile profit (loss)
Adjustments for finance costs 2,166.10
Adjustments for decrease (increase) in inventories (4,698.50)
Adjustments for decrease (increase) in trade receivables, current (9,042.40)
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets 3,488.20
Adjustments for decrease (increase) in other non-current assets 0.00
Adjustments for other financial assets, non-current 0.00
Adjustments for other financial assets, current 0.00
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current 2,579.60
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities 1,807.60
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 1,780.90
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 296.20
Adjustments for provisions, current 0.00
Adjustments for provisions, non-current 0.00
Adjustments for other financial liabilities, current 0.00
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains (1,435.40)
Adjustments for dividend income 0.00
Adjustments for interest income 567.00
Adjustments for share-based payments 0.00
Adjustments for fair value losses (gains) 0.00
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow 0.00
Other adjustments to reconcile profit (loss) (304.10)
Other adjustments for non-cash items (228.60)
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) (4,157.40)
Net cash flows from (used in) operations (1,463.10)
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 852.40
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities (2,315.50)
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 0.00
Other cash payments to acquire equity or debt instruments of other entities 1,648.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 582.50
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment 1.90
Purchase of property, plant and equipment 2,055.50
Proceeds from sales of investment property 0.00
Purchase of investment property 0.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 8,980.20
Purchase of other long-term assets 0.00
Cash advances and loans made to other parties (8.20)
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 0.00
Interest received 567.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) investing activities 5,271.30
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares 0.00
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 2,686.50
Repayments of borrowings 395.50
Payments of lease liabilities 317.90
Dividends paid 0.00
Interest paid 2,122.50
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities (149.40)
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 2,806.40
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0.00
Net increase (decrease) in cash and cash equivalents 2,806.40
Cash and cash equivalents cash flow statement at beginning of period 2,517.20
Cash and cash equivalents cash flow statement at end of period 5,323.60





Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 M/s. Deloitte Haskins & Sells LLP Yes 31-07-2027