FY26 Earnings Release | Audited Results
Concord Controls Systems Records FY26 — Revenue +69%, EBITDA more than DOUBLES (+103%), PAT +87% — EBITDA margin expands 475 bps to 28.16%
Lucknow — Concord Control Systems Limited , India’s leading manufacturer of embedded electronic systems and critical electronic solutions for railway applications, announced its audited financial results for the year ended March 31, 2026 — its strongest year on record, with revenue and profit growth significantly outpacing industry benchmarks.
The Board of Directors approved the audited Standalone and Consolidated Financial Results at its meeting held on May 13, 2026. M/s Seth & Associates, Chartered Accountants, issued audit reports with an unmodified opinion.
Gaurav Lath, Joint Managing Director, Concord Control Systems Limited:
“In FY26, Concord Control Systems Limited delivered results in line with our expectations, mirroring the accelerating momentum across India’s railway ecosystem. The Government’s resolute push for modernisation, expansive infrastructure, safety excellence, and Atmanirbhar manufacturing is not just transforming rail networks — it’s redefining national connectivity and economic vitality.
As a trusted OEM partner to Indian Railways, we are at the forefront of this evolution, harnessing technology-driven opportunities with unmatched visibility. Our focus remains on pioneering reliable, cutting-edge solutions that align with the sector’s future. This policy momentum heralds a decade of sustainable, high-impact growth, and we are poised to lead it.”
Key Investment Highlights:
- RDSO-approved OEM — leading manufacturer of embedded electronics and critical electronic solutions for Indian Railways, with deep R&D, testing and manufacturing infrastructure.
- Strong Sector Tailwinds — aligned with the Government’s Gati Shakti initiative, Atmanirbhar Bharat, and Indian Railways’ modernisation, electrification and safety capex cycle.
- Robust Order Book — ₹696.99 crore as on March 31, 2026 — providing visibility for sustained growth.
- Step-Change Profitability — EBITDA margin expanded 475 bps Y-o-Y; PAT margin up 195 bps — demonstrating operating leverage on scale.
