Slide 1: Exchange filing cover letter
Concord Enviro Systems Limited 101, HDIL Towers, Anant Kanekar Marg, Bandra (E), Mumbai – 400 051, India T +91 22 6704 9000 F +91 22 6704 9010 E cs@concordenviro.in W www.concordenviro.in CIN L45209MH1999PLC120599 Date: 22nd May, 2026 To, National Stock Exchange of India Limited BSE Limited Exchange
Slide 2: Concord Enviro Systems Limited Investor Presentation Q4 & FY26
Concord Enviro Systems Limited Investor Presentation Q4 & FY26
Slide 3: 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 4: Contents
01 Introduction Contents 02 Q4 & FY26 Performance Snapshot 03 Order Book Snapshot 04 Growth Opportunities & Strategy 05 Company Profile
Slide 5: Introduction
01 Introduction
Slide 6: 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 7: End-to-End Business Model
End-to-End Business Model Upfront and Recurring Revenues Concord Enviro generates initial project revenues through EPC and system sales, establishing a base for ongoing monetization. Consumables and Replacement Demand Ongoing demand for consumables and membranes creates steady, annuity-like revenue
Slide 8: Our Journey
Our Journey 2017-2018 Rochem Separation Systems (India) Private Limited installed its first 1992-1993 HPRO System 2025 Company received an Five new patents granted, 2024 highlighting strength in enquiry for the supply of RO distillation plant to Successfully listed on R&D and innovation the Indian N
Slide 9: Q4 & FY26 Performance Snapshot
02 Q4 & FY26 Performance Snapshot
Slide 10: Management Commentary – Q4 & FY26
Management Commentary – Q4 & FY26 Prayas Goel Prerak Goel Chairman & Managing Director Executive Director Commenting on the results, leadership team of Concord Enviro Systems , said: “The year under review was marked by significant external challenges. While we are grateful that all our facilities r
Slide 11: What Happened In FY26 — And Why
What Happened In FY26 — And Why 01 02 03 Kenya Project Slow CBG Execution Middle East Conflict WHAT HAPPENED WHAT HAPPENED WHAT HAPPENED A ZLD project in Kenya has been delayed due to Slow execution due to financial closure and lack of Membranes and evaporation modules are change of control and cape
Slide 12: Q4 FY26 Highlights
Q4 FY26 Highlights Revenue from Operations (INR Mn) Gross Profit (INR Mn) & Gross Profit Margin (%) 1,076.22 2,069.93 2,060.44 889.53 52.0% 43.2% Q4FY25 Q4FY26 Q4FY25 Q4FY26 EBITDA (INR Mn) & EBITDA Margin (%) PAT (INR Mn) & Margin (%) 572.93 471.31 27.8% 27.8% -7.0% -6.6% 185.04 146.85 27.7% 9.0% 2
Slide 13: Ratio Analysis
Ratio Analysis Return on Equity (%) Return on Capital Employed (%) Debt to Equity (X) ROIC (%) 13.73% 12.64% 14.07% 14.07% 0.47 13.11% 13.69% 0.24 0.26 6.45% 6.66% 3.58% FY24 FY25 FY26 FY24 FY25 FY26 FY24 FY25 FY26 FY24 FY25 FY26 Debtor Days Inventory Days Creditor Days Net Capital Working Days 143
Slide 14: FY26 Highlights
FY26 Highlights Revenue from Operations (INR Mn) Gross Profit (INR Mn) & Gross Profit Margin (%) 2,960.45 5,944.39 2,650.94 5,578.56 50.2% 50.8% 49.8% 47.5% FY25 FY26 FY25 FY26 EBITDA (INR Mn) & EBITDA Margin (%) PAT (INR Mn) & Margin (%) 870.82 514.93 27.8% 366.26 -7.0% -6.6% 197.57 14.6% 1.4% 3.5%
Slide 15: Q4 & FY26 Financial Highlights
Q4 & FY26 Financial Highlights Q4FY26 Financial Highlights FY26 Financial Highlights o Revenue from operations for Q4 FY26 stood at INR 2,060.44 Mn o Revenue from operations for FY26 stood at INR 5,578.56 Mn compared to INR 2,069.93 Mn in Q4 FY25, down by 0.5% YoY. compared to INR 5,944.39 Mn in FY2
Slide 16: Q4 & FY26 Operational Highlights
Q4 & FY26 Operational Highlights Operational Highlights The Company won its second order, from a large Solar industry client. This project aims to fix the problems the client is facing with the existing setup provided by a large multinational player. We continue to work with the client to create mor
Slide 17: What we built in FY26
What we built in FY26 New Product | Q3 FY26 US Investment | Q3 FY26 H-Xtreme Heat Exchanger 2nd US Technology Investment — $2 Mn Launched Q3 FY26, showcased at Chemtech Invested $2 Mn equity stake in a US-based Mumbai. Next-gen shell-and-tube exchanger polymer company to enhance access to using Germ
Slide 18: What we built in FY26
What we built in FY26 New Vertical | Q3 FY26 O&M Scale-Up | Q1 FY26 First Waste Pickle Liquor System — Steel Third-Party O&M — ₹800 Mn Industry Order + Pathak Acquisition Placing first commercial Waste Pickle Liquor Secured ₹800 Mn, 10-year O&M contract system with a large steel conglomerate in Indi
Slide 19: Q4 & FY26 Operational Highlights
Q4 & FY26 Operational Highlights R&D Highlights Concord has been working on a crystallizer which can be used in its Zero Liquid Discharge solutions. To internalize this product Concord has now developed and tested a crystallizer again keeping in line with its philosophy of using non metallic materia
Slide 20: R & D Highlights – A New Product (H-Xtreme)
R & D Highlights – A New Product (H-Xtreme ) H-Xtreme Heat Exchanger Developed H-Xtreme , a next-gen shell-and-tube heat exchanger for aggressive industrial environments H-Xtreme uses Germany-designed proprietary HPC tubes combining graphite- grade corrosion resistance with polymer-grade mechanical
Slide 21: Revenue Breakup
Revenue Breakup FY26 Revenue Breakup Product / Q1FY26 Q2FY26 Q3FY26 Q4FY26 Service FY26 FY25 (INR Mn.) Systems & 507.32 721.23 721.86 1,257.26 3,207.67 3,580.02 Plants Sale of 1,338.85 58% Systems & Plants 260.24 220.23 172.65 378.91 consumables 1,032.03 1,165.40 24% and spare parts Consumables & Sp
Slide 22: Q4 & FY26 Financial Highlights
Q4 & FY26 Financial Highlights Particulars (INR Mn.) Q4 FY26 Q4 FY25 YoY change (%) FY26 FY25 YoY change (%) Revenue from Operations 2,060.44 2,069.93 -0.5% 5,578.56 5,944.39 -6.2% Other Income 46.37 26.81 73.0% 278.13 47.24 488.8% Total Income 2,106.81 2,096.74 0.5% 5,856.69 5,991.63 -2.3% Cost of
Slide 23: Balance Sheet
Balance Sheet Particulars (INR Mn) FY26 FY25 Particulars (INR Mn) FY26 FY25 Equity And Liabilities Assets Equity Non-current assets a) Equity share capital 103.48 103.48 a) Property, plant and equipment 827.01 708.49 b) Other equity 5,612.20 5,233.27 b) Right of use assets 187.67 77.19 Total Equity
Slide 24: Order Book Snapshot
03 Order Book Snapshot
Slide 25: Order Book Pipeline
Order Book Pipeline Finalized Vs Under negotiation Within India Domestic ₹ 4,090 Mn ₹ 24,000 Mn Outside India International ₹ 1,270 Mn ₹ 6,000 Mn Combined Total All geographies ₹ 5,360 Mn ₹ 30,000 Mn Privileged & Confidential, © 2024, All Rights Reserved. 24
Slide 26: Current Order Book
Current Order Book Total Order Book (INR Mn) Domestic International 1,270 Mn 5,947 19% 5,366 5,354 5,360 4,090 Mn 81% Q1FY26 Q2FY26 Q3FY26 Q4FY26 Systems & Plants Consumables and Spare Parts O&M Services Order Book Update 30% 62% • In the ZLD segment, the company is L1 for orders worth ~INR 143 Cror
Slide 27: Segment Wise Order Book
Segment Wise Order Book S&P (INR Mn) Consumables and Spare Parts (INR Mn) O&M (INR Mn) 4,247 415 1,600 3,741 3,691 1,421 1,425 3,346 1,375 326 238 204 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Privileged & Confidential, © 2024, All Rights Reserved. 26
Slide 28: Growth Opportunities & Strategy
04 Growth Opportunities & Strategy
Slide 29: Concord’s Green India Opportunity (1/2)
Concord’s Green India Opportunity (1/2) Carbon Capture Government Initiative Concord’s Solution Gov. of India has set first GHG emission (GEI) targets for industries like Carbon capture and mineralisation are our focus. We are working to aluminium, steel, cement, refineries, chlor-alkali, and paper
Slide 30: Concord’s Green India Opportunity (2/2)
Concord’s Green India Opportunity (2/2) Solar PV Government Initiative Concord’s Solution Solar PV Cell manufacturing industry uses a significant amount of water Concord offers its technologies such as RO, WHE and UHPRO to provide for various stages of Cell manufacturing process. Manufacturing proce
Slide 31: Concord’s Emerging Opportunity in the Indian Market
Concord’s Emerging Opportunity in the Indian Market Semi Conductor Green Hydrogen Industry’s 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
Slide 32: Focused Initiatives
Focused Initiatives 1 Compressed Biogas 2 Green ZLD 1 2 Leveraging Concord’s expertise in Anaerobic Cutting edge ZLD solutions focused on Digestion. Concord has started offering design reducing carbon footprint of ZLD through and implementation of compressed biogas energy efficient solutions contrib
Slide 33: Our R&D Prowess
Our R&D Prowess o Backward-integrated facilities at Vasai (India) & Sharjah (UAE) enables o Custom-designed membranes and module in-house manufacturing of innovations tailored to industry needs membranes — a core component of o Developed high-pressure & ultra high membrane system for distillery clie
Slide 34: Competitive Advantage
Competitive Advantage Leading ZLD Solution Integrated Solutions Integrated R&D | Build from core - Not Offering Lowest Proven Retention. Provider in India Provider Patent-Protected just assembly OpEx to clients Trusted Delivery. Technologies through End-to-End Wastewater Leading ZLD Provider by End-
Slide 35: 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 36: Company Overview
05 Company Overview
Slide 37: Business Segments
Business Segments Sale of Systems & Plants – ~60%-65% of the Revenue ZLD/Reuse Compressed Biogas Plants Consumables Operations and (CBG) & Spare Parts – ~20% Maintenance (O&M) – 20% of Revenue of Revenue Design, manufacture, and sale of Installation of plants for Manufacture and sale of Operation an
Slide 38: 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. o Recovering biogas from tequila vinasse a
Slide 39: 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 40: 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 Key Offerings Consumables & Spare Parts Filtration, Chemical Mechanical & Electrical Customized Solutions & Spare Parts Service Kits Membrane Consumable
Slide 41: Our Products & Technology
Our Products & Technology RO Plant RO Membrane Waste Heat Evaporators R&D Flat membrane Membrane Bioreactor Privileged & Confidential, © 2024, All Rights Reserved. 40
Slide 42: Leadership in Membrane Technology
Leadership in Membrane Technology o We maintain strong leadership in membrane systems that provide us the edge to treat wastewater efficiently o From manufacturing custom membranes to using module technology that is capable of treating the most difficult wastewater streams without significant pretre
Slide 43: Leadership through Innovation
Leadership through Innovation o We strive in our R&D efforts to stay ahead with the latest technologies being used to deliver our solutions o Our latest developments include two licensed products from US companies that will launch our Printed Spacer Membrane Elements and Raw Effluent Membranes (REM)
Slide 44: 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 45: Our Key Clients & its Revenue Breakup
Our Key Clients & its Revenue Breakup Our Marquee Clients Privileged & Confidential, © 2024, All Rights Reserved. 44
Slide 46: Global Presence
Global Presence North America Europe Over 300+ China Sharjah, UAE domestic & 21 international Vasai, India customers Africa across 14 Latin Southeast Asia America countries Australia Geographies catered to Headquarter Plants Privileged & Confidential, © 2024, All Rights Reserved. 45
Slide 47: 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. 46
Slide 48: 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 49: 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` BSE: 544315, NSE: CEWATER Kanav Khanna | Mah