Concord Control Systems

Lucknow, India Founded: 2011 • Age: 15 yrs Listed
Concord Control Systems Limited is engaged in manufacturing railway electrical systems.

About Concord Control Systems

Concord Control Systems is a publicly listed company based in Lucknow (India) founded in 2011 by Nitin Jain and Gaurav Lath. Concord Control Systems Limited is engaged in manufacturing railway electrical systems. It operates on a B2B2C model. The company has 129 employees. Concord Control Systems has completed 1 acquisition, including Advanced Rail Controls. Its Indian entity Concord Control Systems Limited reported revenue of ₹214 Cr. Concord Control Systems offers products and services including Railway Electrification, Battery Chargers, and Control Panels. Its focus areas include Industrial, Electrical Equipment and Railway Electrical Systems.

Company details

Concord Control Systems Limited is involved in the production of electrical and electronic systems for Indian Railways. Products such as railway electrification systems, battery chargers, and control panels are manufactured using advanced technology and infrastructure. The company focuses on quality control and research to meet railway specifications. Operations are guided by a zero-defect policy to ensure global market acceptance while minimizing environmental impact. The organization serves as an OEM supplier for various railway components across electrical, mechanical, and electromechanical sectors.

  • Headquarters Lucknow, India
  • Employees 129
  • Founders Nitin Jain, Gaurav Lath
  • Stage Public
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website concordgroup.in
  • Social LinkedIn
  • Legal Name Concord Control Systems Limited
Key Metrics
  • Market Cap
    ₹2,579 Cr

    CNCRD · BSE

  • Share Price
    ₹2,385.00

    -3.96% today

  • Revenue
    ₹210 Cr

    FY 2025-26 · +69.1% YoY

  • EBITDA
    ₹59.26 Cr

    Margin 28.2%

  • Net Profit
    ₹42.39 Cr

    FY 2025-26 · +87.2% YoY

  • P/E (TTM)
    60.7x

    P/B 12.2x

  • Employee Count
    129
  • Investments & Acquisitions

Products & Services of Concord Control Systems

Concord Control Systems offers a comprehensive portfolio of products and services, including Railway Electrification, Battery Chargers, and Control Panels.

Railway Electrification
Electrical Systems

Systems for railway electrification are designed and supplied.

Battery Chargers
Electrical Equipment

Battery chargers for railways are manufactured and provided.

Control Panels
Electrical Systems

Control panels for railway applications are produced and installed.

Board of directors of Concord Control Systems Limited (Concord Control Systems)

Concord Control Systems Limited is the primary company behind Concord Control Systems. The board of Concord Control Systems Limited currently have 8 directors; the longest-serving is Gaurav Lath, appointed in 2011. 9 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Gaurav Lath
DIN 00581405
Managing Director19 Jan 201115 yrs 9 moConcord Control Systems Limited
Nitin Jain
DIN 03385362
Managing Director19 Jan 201115 yrs 9 moConcord Control Systems Limited
Mahima Jain
DIN 09688771
Director28 Jul 20224 yrs 2 moConcord Control Systems Limited
Govind Prasad Lath
DIN 00272007
Director28 Jul 20224 yrs 2 moConcord Control Systems Limited
Sunil Garg
DIN 10835726
Director14 Nov 20241 yr 11 moConcord Control Systems Limited
Anuradha Garg
DIN 10640310
Additional Director31 Mar 20266 moConcord Control Systems Limited
Madan Mohan Bhatia
DIN 11610729
Additional Director31 Mar 20266 moConcord Control Systems Limited
Shyam Bohra
DIN 11636260
Additional Director31 Mar 20266 moConcord Control Systems Limited

People of Concord Control Systems

2 people are tracked at Concord Control Systems (2 in leadership); the tracked headcount is 129.

NameRoleGroup
FounderLeadership
Co-FounderLeadership
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IPO & Listings of Concord Control Systems

Concord Control Systems is a publicly listed company on the BSE with ticker symbol CNCRD in India, operating in the Electronic technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date10 Oct 2022
  • Listed onBSE: 543619
  • Listed entityConcord Control Systems Limited
  • Exchange sectorElectronic technology
  • ISININE0N0J01014
  • Share price₹2,434.40 (-2.62% on the day) · 2026-10-14
  • Market capitalisation₹2,596 Cr
  • Price to earnings60.2
  • EPS (diluted, trailing year)₹40.47
  • Volume (last session)9,850

Financials of Concord Control Systems

Exchange-reported figures of Concord Control Systems Limited, the listed company behind Concord Control Systems (BSE: CNCRD).

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹210 Cr
+69.1% YoY
EBITDA
₹59.26 Cr
+103.4% YoY
Profit After Tax
₹42.39 Cr
+87.2% YoY
Net Worth
₹209 Cr
+75.6% YoY
Total Assets
₹268 Cr
+120.7% YoY
Total Debt
₹53.98 Cr
- YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue21012465.5249.3531.7017.5315.88
Revenue growth+69.1%+90.0%+32.8%+55.7%+80.8%+10.4%-
EBITDA59.2629.1416.967.683.912.201.68
EBITDA margin+28.2%+23.4%+25.9%+15.6%+12.3%+12.6%+10.6%
Profit before tax56.7228.4417.377.383.471.871.46
Net profit42.3922.6512.795.452.651.431.05
Net profit margin+20.1%+18.2%+19.5%+11.0%+8.4%+8.2%+6.6%
EPS (₹)41.7535.9621.419.54132.0971.6052.29
Balance sheet
Total assets26812149.4024.4310.928.255.76
Net worth20911946.1921.237.474.953.50
Total debt53.980.342.712.813.163.232.21
Cash & bank16.6814.9123.704.380.110.090.05
Net working capital18781.2637.2417.667.016.464.10
Cash flow
Cash from operations(55.35)(6.98)7.40(1.99)1.590.490.65
Cash from investing(44.66)(14.34)(4.99)(1.49)(1.38)(0.47)(0.78)
Cash from financing10421.47(2.40)7.76(0.19)0.020.16
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue21073.9265.5249.3431.6917.2715.58
Revenue growth+184.7%+12.8%+32.8%+55.7%+83.5%+10.9%-
EBITDA57.9816.6917.197.673.911.851.31
EBITDA margin+27.6%+22.6%+26.2%+15.6%+12.3%+10.7%+8.4%
Profit before tax56.6419.9017.607.373.471.791.39
Net profit41.8715.0713.025.442.651.371.00
Net profit margin+19.9%+20.4%+19.9%+11.0%+8.4%+7.9%+6.4%
EPS (₹)41.2423.9221.809.53132.0967.8350.70
Balance sheet
Total assets26312249.6624.3110.898.045.67
Net worth20912046.4221.237.474.833.47
Total debt51.930.342.742.693.133.212.20
Cash & bank15.8514.9123.709.120.040.040.02
Net working capital18281.2637.2717.466.916.194.00
Cash flow
Cash from operations(54.76)(6.98)7.402.911.57--
Cash from investing(43.31)(14.33)(4.99)(1.49)(1.38)--
Cash from financing10221.47(2.40)7.67(0.19)--

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 23 Oct 2026
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue21012465.5249.3531.7017.5315.88
Revenue growth+69.1%+90.0%+32.8%+55.7%+80.8%+10.4%-
Other income3.263.491.090.270.040.080.02
Total expenses15195.3248.5641.6727.7915.3314.20
Employee cost0.0012.765.513.522.170.940.90
EBITDA59.2629.1416.967.683.912.201.68
EBITDA margin+28.2%+23.4%+25.9%+15.6%+12.3%+12.6%+10.6%
Depreciation3.681.660.530.510.370.220.13
Interest2.122.530.150.060.110.190.11
Profit before tax56.7228.4417.377.383.471.871.46
Tax15.825.794.551.930.820.440.41
Net profit42.3922.6512.795.452.651.431.05
Net profit margin+20.1%+18.2%+19.5%+11.0%+8.4%+8.2%+6.6%
EPS (₹)41.7535.9621.419.54132.0971.6052.29
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital10.386.305.985.710.200.200.20
Reserves & surplus19911340.2115.527.274.753.30
Shareholders' funds (net worth)20911946.1921.237.474.953.50
Minority interest2.490.000.000.000.000.010.00
Secured loans43.640.202.712.552.942.982.20
Unsecured loans10.340.140.000.260.220.250.01
Total debt53.980.342.712.813.163.232.21
Total liabilities26812149.4024.4310.928.255.76
Assets
Gross block78.5933.545.213.633.142.101.73
Net block42.9722.583.132.082.101.431.28
Capital work in progress2.620.830.000.000.000.000.00
Investments24.437.114.271.550.350.000.00
Inventories88.5937.583.282.555.202.131.86
Sundry debtors12137.6214.939.002.967.523.88
Cash & bank balances16.6814.9123.704.380.110.090.05
Loans & advances8.835.856.177.072.580.930.88
Total current assets23595.9648.0823.0010.8510.676.67
Total current liabilities47.9914.7010.845.343.844.212.57
Net working capital18781.2637.2417.667.016.464.10
Total assets26812149.4024.4310.928.255.76
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.230.050.020.110.090.050.02
Net cash from operating activities(55.35)(6.98)7.40(1.99)1.590.490.65
Net cash from investing activities(44.66)(14.34)(4.99)(1.49)(1.38)(0.47)(0.78)
Net cash from financing activities10421.47(2.40)7.76(0.19)0.020.16
Net change in cash3.970.160.014.280.020.030.04
Closing cash16.6814.9123.704.380.110.090.05
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+69.1%+90.0%+32.8%+55.7%+80.8%+10.4%-
EBITDA growth+103.4%+71.8%+120.8%+96.4%+77.7%+31.0%-
PBT growth+99.4%+63.7%+135.4%+112.7%+85.6%+28.1%+9997.0%
Net income growth+87.2%+77.1%+134.7%+105.7%+85.3%+36.2%-
Revenue CAGR (3Y)+62.2%+57.8%+55.2%+45.9%---
EBITDA CAGR (3Y)+97.6%+95.3%+97.6%+66.0%---
Profitability & leverage
Net income margin+19.4%+18.2%+19.6%+11.0%+8.4%+8.2%+6.6%
Return on capital employed-+36.3%+47.4%+42.1%+37.3%+29.4%+27.4%
Return on net worth-+27.4%+38.0%+38.0%+42.5%+33.9%+30.0%
Debt / equity-0.020.080.210.520.650.63
Long-term debt / equity-0.000.010.030.080.100.09
Interest cover3.819.210.910.843.119.607.10
Efficiency & per share
Fixed asset turnover-6.4214.8214.5812.109.159.18
Inventory turnover-6.0922.4812.748.658.798.54
Debtors turnover-4.745.488.256.053.084.09
EPS (₹)41.7535.9621.419.54132.0971.6052.29
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)0.00189.1777.2137.17373.36247.45175.13
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue21073.9265.5249.3431.6917.2715.58
Revenue growth+184.7%+12.8%+32.8%+55.7%+83.5%+10.9%-
Other income3.253.921.090.270.040.340.31
Total expenses15257.2348.3341.6727.7815.4214.27
Employee cost0.007.165.513.522.160.930.90
EBITDA57.9816.6917.197.673.911.851.31
EBITDA margin+27.6%+22.6%+26.2%+15.6%+12.3%+10.7%+8.4%
Depreciation2.510.570.530.510.370.220.13
Interest2.080.140.150.060.110.180.10
Profit before tax56.6419.9017.607.373.471.791.39
Tax14.774.834.551.930.820.420.39
Net profit41.8715.0713.025.442.651.371.00
Net profit margin+19.9%+20.4%+19.9%+11.0%+8.4%+7.9%+6.4%
EPS (₹)41.2423.9221.809.53132.0967.8350.70
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital10.386.305.985.710.200.200.20
Reserves & surplus19911340.4415.527.274.633.27
Shareholders' funds (net worth)20912046.4221.237.474.833.47
Secured loans43.640.202.712.553.132.982.20
Unsecured loans8.290.140.030.140.000.230.00
Total debt51.930.342.742.693.133.212.20
Total liabilities26312249.6624.3110.898.045.67
Assets
Gross block35.5533.545.213.633.141.431.73
Net block22.1222.583.132.082.101.431.28
Capital work in progress1.730.830.000.000.000.000.00
Investments47.017.644.511.570.370.020.01
Inventories83.8237.583.282.555.202.131.86
Sundry debtors12137.6214.938.992.967.523.88
Cash & bank balances15.8514.9123.709.120.040.040.02
Loans & advances9.045.856.172.302.540.930.90
Total current assets23095.9648.0822.9610.7410.626.66
Total current liabilities47.7514.7010.815.503.834.432.66
Net working capital18281.2637.2717.466.916.194.00
Total assets26312249.6624.3110.898.045.67
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.210.050.020.040.04--
Net cash from operating activities(54.76)(6.98)7.402.911.57--
Net cash from investing activities(43.31)(14.33)(4.99)(1.49)(1.38)--
Net cash from financing activities10221.47(2.40)7.67(0.19)--
Net change in cash3.900.160.019.090.00--
Closing cash15.8514.9123.709.120.04--
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+184.7%+12.8%+32.8%+55.7%+83.5%+10.9%-
EBITDA growth+247.4%-2.9%+124.1%+96.2%+111.4%+41.2%-
PBT growth+184.6%+13.1%+138.8%+112.4%+93.9%+28.8%+43.3%
Net income growth+177.8%+15.8%+139.3%+105.3%+93.4%+37.0%-
Revenue CAGR (3Y)+62.2%+32.6%+56.0%+46.9%+32.6%--
EBITDA CAGR (3Y)+96.3%+62.2%+110.2%+80.2%+64.4%--
Profitability & leverage
Net income margin+19.9%+20.4%+19.9%+11.0%+8.4%+7.9%+6.4%
Return on capital employed-+24.7%+48.0%+42.3%+37.7%+28.6%+30.6%
Return on net worth-+19.1%+38.6%+38.0%+42.9%+32.8%+34.1%
Debt / equity-0.020.080.200.520.650.65
Long-term debt / equity-0.000.000.020.070.090.06
Interest cover3.750.870.900.843.1111.048.47
Efficiency & per share
Fixed asset turnover-13.3614.8214.5813.8710.9310.67
Inventory turnover-15.5122.4812.738.658.668.73
Debtors turnover-4.145.488.266.053.034.55
EPS (₹)41.2423.9221.809.53132.0967.8350.70
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)0.00176.9677.6137.17373.46241.36173.53

Investments & Acquisitions by Concord Control Systems

Concord Control Systems has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Advanced Rail Controls.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
PCB, multilayer, and electronic repair services are provided.
arc.net.inBengaluru, India2005May 2024••••
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Timeline of Concord Control Systems

3 dated milestones of Concord Control Systems across 13 years, from founding to its latest funding, stage changes and deals.

  1. Founded Concord Control Systems is founded.
  2. IPO Lists on the stock exchange (IPO).
  3. Acquisition Acquires Advanced Rail Controls.

Web traffic of Concord Control Systems

The website of Concord Control Systems (concordgroup.in) receives about 1.8K visits a month.

  • Monthly visits
    1.8K

    ▼ 14.4% vs previous month

Top companies in Rail Infrastructure Managers

3 companies that operate in the same segment as Concord Control Systems (Rail Infrastructure Managers) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Rail infrastructure is managed and car freight solutions are manufactured.
2007Mathura, Uttar Pradesh, IndiaUSD 42.98 M99
Urban rail transportation services in Bangalore.
2007Bengaluru, Karnataka, IndiaUSD 71.42 M88
Rail infrastructure management services are provided in India.
2003Kalyan, Maharashtra, IndiaUSD 4.77 M82
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Frequently Asked Questions about Concord Control Systems

Concord Control Systems was founded in 2011.

Concord Control Systems is headquartered in Lucknow, India. It is registered at Lucknow, Uttar Pradesh, India.

Concord Control Systems has 129 employees.

The primary company behind Concord Control Systems, Concord Control Systems Limited, reported revenue of ₹214 Cr for FY 2026, up 69% year on year.

Concord Control Systems Limited is involved in the production of electrical and electronic systems for Indian Railways. Products such as railway electrification systems, battery chargers, and control panels are manufactured using advanced technology and infrastructure. The company focuses on quality control and research to meet railway specifications. Operations are guided by a zero-defect policy to ensure global market acceptance while minimizing environmental impact. The organization serves as an OEM supplier for various railway components across electrical, mechanical, and electromechanical sectors.

Concord Control Systems offers Railway Electrification, Battery Chargers, and Control Panels.

Yes, Concord Control Systems is publicly traded on BSE under the ticker symbol CNCRD.

Concord Control Systems has made 1 acquisition, including Advanced Rail Controls.

Concord Control Systems operates through Concord Control Systems Limited.

The legal entities of Concord Control Systems currently have 9 directors, including Gaurav Lath, Nitin Jain, Mahima Jain and others.

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