Indian Railways Electrical Systems Manufacturer Concord Control Systems Reports 85% YoY PAT Growth and 63% Revenue Rise in H1 FY26

Concord Control Systems Limited (BSE: CNCRD | 543619), a leading manufacturer of embedded electronic systems and critical electronic solutions, announced its unaudited financial results for the half year ended September 30, 2025 (H1 FY26). The company reported nearly 85 per cent year-on-year (YoY) growth in Profit After Tax (PAT), highlighting strong operational and financial momentum.

In H1 FY26, total revenue rose to Rs 83.01 crore from Rs 50.92 crore in H1 FY25, reflecting a 63 per cent increase. Revenue from operations grew to Rs 81.54 crore from Rs 49.75 crore, up by about 63.9 per cent. PAT increased sharply to Rs 16.02 crore from Rs 8.67 crore, recording a rise of 84.9 per cent. The company’s EBITDA, excluding other income, stood at Rs 21.73 crore against Rs 14.20 crore last year, a growth of 53.05 per cent. Earnings per share (EPS) improved to Rs 25.41 compared to Rs 14.49 in H1 FY25, marking a 75.36 per cent increase.

The PAT margin strengthened to 19.65 per cent from 17.42 per cent in the previous year. However, the EBITDA margin declined to 26.65 per cent from 28.54 per cent, mainly due to an increase in operational and service costs.

Commenting on the results, Mr. Gaurav Lath, Joint Managing Director of Concord Control Systems Limited, stated that the company’s performance for H1 FY26 is aligned with its internal targets. He noted that the strong YoY growth in revenue and PAT reflects increasing demand for the company’s Railway control and safety automation solutions. Looking ahead, he expressed confidence that H2 FY26 will deliver higher performance driven by continued order inflows and robust adoption of embedded electronic systems.

Concord Control Systems has been actively pursuing its growth strategy by strengthening product development, expanding manufacturing capacity, and enhancing R&D investments. The company aims to create long-term value by focusing on innovation, expanding its customer base, and maintaining strong relationships with suppliers and stakeholders. It continues to prioritize quality and technology advancements to meet rising industry requirements and drive sustainable growth.

Concord Control Systems Limited (CNCRD) is an RDSO-approved OEM offering advanced electrical and electronic systems for Indian Railways. The company aligns with the Government of India’s Gati Shakti initiative and is committed to environmental responsibility and zero-defect manufacturing. CNCRD is a trusted partner in India’s railway modernization and aims to expand its global footprint by delivering durable, high-performance systems designed for extreme railway environments.

The stock price is trading 210 per cent up from its 52-week low of Rs 1,345 per share.

Disclaimer: The article is for informational purposes only and not investment advice.