Concord Enviro Systems reported Q1 FY27 revenue of INR 85.3 Cr, down YoY, with a net loss of INR 17.6 Cr, primarily due to supply chain disruptions.

Despite this, the order book stands robust at INR 699 Cr, bolstered by a significant INR 126 Cr ZLD order from a steel major and its first European ZLD project.

New tech like H-Xtreme is gaining traction.

A strategic partnership with WaHa adds atmospheric water generation and dehumidification solutions (India/UAE exclusive). Management forecasts Q2 normalization and full-year growth from a robust pipeline, targeting INR 1,000 Cr order intake.

Expect 15-20% growth and 12-16% EBITDA margins over 2 years, with carbon capture being a huge future growth driver.