Concord Enviro Systems Limited · NSE:CEWATER

Concord Enviro Systems — H1 FY26 Earnings Presentation

44 slides from Concord Enviro Systems's earnings presentation, Nov 10, 2025

Slide 1: Concord Enviro Systems Limited Investor Presentation Q2 & H1 FY26
Concord Enviro Systems Limited Investor Presentation Q2 & H1 FY26
Slide 2: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by CONCORD ENVIRO SYSTEMS LIMITED (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for an
Slide 3: Contents
Contents 1 Introduction 2 Q2 & H1 FY26 Performance Snapshot 3 Order Book Snapshot 4 Growth Opportunities & Strategy 5 Company Profile
Slide 4: Introduction
Introduction
Slide 5: Concord | In a nutshell
Concord | In a nutshell A global leader in water and wastewater Headquartered in Mumbai – India, Concord has Global presence across five continents, dedicated treatment, specializing in zero liquid discharge two backward integrated manufacturing facilities, to serving clients and fostering a sustain
Slide 6: Our Journey
Our Journey 1992-1993 2013-2014 2022 2025 1995-1996 Expanded product Company received an Received largest export portfolio with HPRO and order till date from Five new patents granted, enquiry for the supply of First order for RO system LPRO plants Diageo México highlighting strength in R&D and RO di
Slide 7: Q2 & H1 FY26 Performance Snapshot
Q2 & H1 FY26 Performance Snapshot
Slide 8: Management Commentary – Q2 & H1 FY26
Management Commentary – Q2 & H1 FY26 Commenting on the results, leadership team of Concord Enviro Systems , said: “Q2 execution was in line with our order execution plan for the Prayas Goel Chairman & Managing Director financial year 2026. The fundamentals of the business remain strong, baring a del
Slide 9: Q2 FY26 Highlights
Q2 FY26 Highlights Revenue from Operations (INR Mn) Gross Profit (INR Mn) & Gross Profit Margin (%) 1,618.94 785.51 629.93 1,248.45 52.0% 48.5% 50.5% Q2FY25 Q2FY26 Q2FY25 Q2FY26 * EBITDA (INR Mn) & EBITDA Margin (%) PAT (INR Mn) & Margin (%) 273.28 173.00 27.8% 22.8% 16.9% 76.57 44.91 10.7% 6.1% 3.6
Slide 10: H1 FY26 Highlights
H1 FY26 Highlights Revenue from Operations (INR Mn) Gross Profit (INR Mn) & Gross Profit Margin (%) 2,646.25 1,267.73 2,272.37 1,128.28 47.9% 52.0% 49.7% H1FY25 H1FY26 H1FY25 H1FY26 *EBITDA (INR Mn) & EBITDA Margin (%) PAT (INR Mn) & Margin (%) 305.82 129.26 27.8% 86.1 22.8% 11.6% 4.9% 67.69 3.8% 3.
Slide 11: Q2 & H1 FY26 Financial Highlights
Q2 & H1 FY26 Financial Highlights Q2FY26 Financial Highlights H1 FY26 Financial Highlights  Revenue from operations for Q2 FY26 stood at INR 1,248.45 Mn  Revenue from operations for H1 FY26 stood at INR 2,272.37 compared to INR 1,618.94 Mn in Q2 FY25. Mn compared to INR 2,646.25 Mn in H1 FY25.  T
Slide 12: Q2 & H1 FY26 Operational Highlights
Q2 & H1 FY26 Operational Highlights Operational Highlights ✓ CBG Projects are getting off the block in Q3FY26 – we now have an experienced team to lead the execution of the current projects. ✓ Africa and North America remain focused markets for the company. ✓ The company is close to signing its firs
Slide 13: Q2 & H1 FY26 R&D Highlights
Q2 & H1 FY26 R&D Highlights R&D Highlights ✓ Successfully completed the pilot field trials of Raw Effluent Membranes (REM) - an innovative membrane technology that is expected to substantially reduce the waste-water treatment cost. ✓ The company is developing a line of heat exchangers based on its e
Slide 14: Revenue Breakup
Revenue Breakup Product / Service Q2 FY26 Revenue Breakup Q1FY26 Q2FY26 H1FY26 H1FY25 (INR Mn.) 507.32 721.23 Systems & Plants 1,228.55 1,608.28 25% Sale of consumables 260.24 220.23 480.47 451.49 and spare parts 62% 312.41 62% 256.36 312.41 O&M services 568.77 560.12 57% Revenue from 18% 1,023.92 1
Slide 15: Q2 & H1 FY26 Financial Highlights
Q2 & H1 FY26 Financial Highlights ` Particulars (INR Mn.) Q2 FY26 Q2 FY25 YoY change (%) H1 FY26 H1 FY25 YoY change (%) Revenue from Operations 1,248.45 1,618.94 -22.9% 2,272.37 2,646.25 -14.1% Other Income 59.08 15.47 281.9% 209.64 28.59 633.4% Total Income 1,307.53 1,634.41 -20.0% 2,482.01 2,674.8
Slide 16: Balance Sheet
Balance Sheet Particulars (INR Mn) H1FY26 FY25 Particulars (INR Mn) H1FY26 FY25 Equity And Liabilities Assets Equity Non-current assets a) Equity share capital 103.48 103.48 a) Property, plant and equipment 716.19 708.49 b) Other equity 5,394.43 5,233.27 b) Right of use assets 50.01 77.19 Total Equi
Slide 17: Order Book Snapshot
Order Book Snapshot
Slide 18: Order Book – As on 30th September 2025
Order Book – As on 30th September 2025 Total Order Book (INR Mn) Domestic International 5,366 5,354 24% 1,308 Mn 76% 4,046 Mn Q1FY26 Q2FY26 Systems & Plants Consumables and Spare Parts O&M Services Order Book Update • Out of the total S&P order book of INR 3,691 million, a significant 27% portion is
Slide 19: Segment Wise Order Book – As on 30th September 2025
Segment Wise Order Book – As on 30th September 2025 S&P – QOQ (INR Mn) Consumables and Spare Parts O&M – QOQ (INR Mn) QOQ (INR Mn) 3,740.75 3,691.00 238.14 1,420.80 1,425.00 203.97 Q1FY26 Q2FY26 Q1FY26 Q2FY26 Q1FY26 Q2FY26 Privileged & Confidential, © 2024, All Rights Reserved. Page no 19
Slide 20: Growth Opportunities & Strategy
Growth Opportunities & Strategy
Slide 21: Concord's Green India Opportunity – Carbon Capture
Concord’s Green India Opportunity Government Initiative Gov. of India has set first GHG emission (GEI) targets for industries like aluminium, steel, cement, refineries, chlor-alkali, and paper for FY26 and FY27, defined in tonne of oil equivalent(TOE) per unit of output. Non- compliance will attract
Slide 22: Concord's Green India Opportunity – Solar PV
Concord’s Green India Opportunity Government Initiative Solar PV Cell manufacturing industry uses a significant amount of water for various stages of Cell manufacturing process. Manufacturing process also involves use of Strong Acids and Alkali for cleaning, etching and other processes. This leads t
Slide 23: Concord's Emerging Opportunity in the Indian Market
Concord’s Emerging Opportunity in the Indian Market Semi Conductor Green Hydrogen Industry Need Industry’s Need Semi-conductor industry relies of high purity reliable water for chip fab Green hydrogen is produced by electrolyzing water using solar energy. process. Waste-water from the process also n
Slide 24: Focused Initiatives
Focused Initiatives 1 Compressed Biogas 1 2 Leveraging Concord’s expertise in Anaerobic Digestion. Concord has started offering design and implementation of compressed biogas plants from organic waste. 2 Green ZLD Cutting edge ZLD solutions focused on reducing carbon footprint of ZLD through energy
Slide 25: Our R&D Prowess
Our R&D Prowess  Backward-integrated facilities at Vasai (India) & Sharjah (UAE) enables  Custom-designed membranes and in-house manufacturing module innovations tailored to of membranes — a core industry needs component of ZLD  Developed high-pressure & ultra high membrane system for distillery
Slide 26: Competitive Advantage
Competitive Advantage Leading ZLD Solution Provider in India Integrated Solutions Provider Leading ZLD Provider by Revenue End-to-End Wastewater Solutions | Customized by Industry, Designed In-House Integrated R&D | Patent-Protected Technologies Build from core - Not just assembly 9 patents In-house
Slide 27: Market Drivers – Wastewater Management
Market Drivers – Wastewater Management The global wastewater treatment market is projected to grow at a CAGR of 7.7% from USD 313.0 billion in CY23 to USD 452.9 billion by CY28, while India's market is expected to expand at a faster CAGR of 12.0% from USD 7.3 billion in FY24 to USD 12.8 billion by F
Slide 28: Company Overview
S 2 > S=_ o > Oo > c is) 2. = fo} re) —y te,
Slide 29: Business Segments
Business Segments Sale of Systems & Plants – ~60%-65% of the Revenue ZLD/Reuse Consumables Operations and Compressed Biogas & Spare Parts – ~20% Maintenance (O&M) – Plants (CBG) of Revenue 20% of Revenue Design, manufacture, and sale of Installation of plants for Manufacture and sale of Operation an
Slide 30: Systems & Plants: Compressed Biogas Plants (CBG)
Systems & Plants: Compressed Biogas Plants (CBG) CBG Plant Installation Initiative – April 2024 Completed Biogas Projects Leveraging our expertise in anaerobic digestion technology for efficient waste-to- energy conversion. 1 Diageo Mexico Operaciones, S.A.  Recovering biogas from tequila vinasse a
Slide 31: Systems & Plants: Waste-Water Re-use & ZLD
Systems & Plants: Waste-Water Re-use & ZLD Our systems and plants include treatment plants, membrane-based plants and waste heat evaporators. These are delivered either as part of comprehensive industrial wastewater reuse or ZLD solutions. Customised to client needs, the solutions are provided on a
Slide 32: Other Business Segments
Other Business Segments Supplying essential consumables and spare parts for the seamless operation of the installed systems and plants at the units Consumables & Spare Parts Key Offerings Filtration, Chemical Mechanical & Electrical Customized Solutions & Spare Parts Service Kits Membrane Consumable
Slide 33: Our Products & Technology
Our Products & Technology Waste Heat Evaporators RO Plant RO Membrane R&D Flat membrane Membrane Bioreactor Privileged & Confidential, © 2024, All Rights Reserved. Page no 33
Slide 36: Leadership in Membrane Technology
Leadership in Membrane Technology  We maintain strong leadership in membrane systems that provide us the edge to treat wastewater efficiently  From manufacturing custom membranes to using module technology that is capable of treating the most difficult wastewater streams without significant pretre
Slide 37: Leadership through Innovation
Leadership through Innovation  We strive in our R&D efforts to stay ahead with the latest technologies being used to deliver our solutions  Our latest developments include two licensed products from US companies that will launch our Printed Spacer Membrane Elements and Raw Effluent Membranes (REM)
Slide 38: Our Brands
Our Brands Concord Enviro operates across multiple geographies with multiple product / technology companies. Each brand provides a unique value or solution to our esteemed clients across the globe Concord Enviro is our global brand Rochem is our flagship brand in India under which we supply our solu
Slide 39: Our Key Clients & Industry Wise Revenue Breakup
Our Key Clients & Industry Wise Revenue Breakup Our Marquee Clients Industry Wise Revenue Breakup (%) (Q2FY26) ` ` 12% 21% 1% 18% 14% 8% 21% 4% Pharma Chemical Defence Textiles F& B Engineering & Automobile & Steel Government Others Privileged & Confidential, © 2024, All Rights Reserved. Page no 39
Slide 40: Global Presence
Global Presence Over 300+ domestic & 21 international customers across 14 countries ` 34% Q2 FY26 Revenue 66% Breakup North America Europe Exports Domestic China Sharjah, UAE Vasai, India Africa 31% Latin Southeast Asia America H1 FY26 Australia Revenue Breakup 69% Geographies catered to Headquarter
Slide 41: Strong Global Traction – Growing Share & Scale
Strong Global Traction – Growing Share & Scale Export Revenues (INR Mn) Tripled in 3 Years Export Contribution nearly doubled in 3 years 2,304 38.76% CAGR Growth: 46% 22.48% 740 FY22 FY25 FY22 FY25 Export Order Book (INR Mn) # of International Customers 1,640 1,820 30 21 FY24 FY25 FY20 FY25 Privileg
Slide 42: Our Manufacturing Facilities
Our Manufacturing Facilities Vasai, Maharashtra Sharjah, UAE Built Up Area: 96,000 Sq. ft. Built Up Area: 15,000 Sq. ft. Privileged & Confidential, © 2024, All Rights Reserved. Page no 42
Slide 43: Annexure
Annexure Term Description S&P Systems & Plants CBG Compressed Biogas EBITDA is calculated as the sum of (i) restated profit after tax for the year, (ii) tax expenses, (iii) depreciation and amortization expenses, and (iv) finance costs, less EBITDA interest income. EBITDA Margin EBITDA Margin is cal
Slide 44: Thank You!
Thank You! Investor Relations Team Concord Enviro Systems Ltd Investor Relations Team @ Concord Registered Office E: ir@concordenviro.in Concord Enviro Systems Limited, 101 HDIL Towers, Anant Kanekar Marg, Bandra East, Mumbai - 400051, Maharashtra, India` Kanav Khanna | Mahalakshmi Venkatachalam | S

Concord Enviro Systems — H1 FY26 Earnings Presentation on 6ix

Concord Enviro Systems — H1 FY26 Earnings Presentation

Slide 1: Concord Enviro Systems Limited Investor Presentation Q2 & H1 FY26

Slide 2: Safe Harbor

Slide 3: Contents

Slide 4: Introduction

Slide 5: Concord | In a nutshell

Slide 6: Our Journey

Slide 7: Q2 & H1 FY26 Performance Snapshot

Slide 8: Management Commentary – Q2 & H1 FY26

Slide 9: Q2 FY26 Highlights

Slide 10: H1 FY26 Highlights

Slide 11: Q2 & H1 FY26 Financial Highlights

Slide 12: Q2 & H1 FY26 Operational Highlights

Slide 13: Q2 & H1 FY26 R&D Highlights

Slide 14: Revenue Breakup

Slide 15: Q2 & H1 FY26 Financial Highlights

Slide 16: Balance Sheet

Slide 17: Order Book Snapshot

Slide 18: Order Book – As on 30th September 2025

Slide 19: Segment Wise Order Book – As on 30th September 2025

Slide 20: Growth Opportunities & Strategy

Slide 21: Concord's Green India Opportunity – Carbon Capture

Slide 22: Concord's Green India Opportunity – Solar PV

Slide 23: Concord's Emerging Opportunity in the Indian Market

Slide 24: Focused Initiatives

Slide 25: Our R&D Prowess

Slide 26: Competitive Advantage

Slide 27: Market Drivers – Wastewater Management

Slide 28: Company Overview

Slide 29: Business Segments

Slide 30: Systems & Plants: Compressed Biogas Plants (CBG)

Slide 31: Systems & Plants: Waste-Water Re-use & ZLD

Slide 32: Other Business Segments

Slide 33: Our Products & Technology

Slide 34: Waste-Water Treatment Landscape

Slide 35: Stages of Zero Liquid Discharge

Slide 36: Leadership in Membrane Technology

Slide 37: Leadership through Innovation

Slide 38: Our Brands

Slide 39: Our Key Clients & Industry Wise Revenue Breakup

Slide 40: Global Presence

Slide 41: Strong Global Traction – Growing Share & Scale

Slide 42: Our Manufacturing Facilities

Slide 43: Annexure

Slide 44: Thank You!