Synopsis: The company reported steady momentum in the day’s trade after securing an order worth of Rs.19.17 crore. Accompanied by a rally since its robust quarterly earnings.
The shares of this company engaged in the manufacturing and supply of coach-related and electrification products for Indian Railways and other railway contractors are in focus after they got a new supply order from Indian Railways.
Concord Control Systems Limited’s shares, with a market capitalization of Rs. 2,251.75 crore, on Wednesday made a day high of Rs. 2,245 per share, a 6 percent increase from its previous day’s close price of Rs. 2,117.55 per share. The share has given a multi-bagger return of 1,487 percent over the past five years.
Significant Order
Advanced Rail Controls Private Limited, wholly owned subsidiary of Concord Control Systems Ltd has received a work order for the supply, installation and commissioning of the Loco wireless control system from the Indian Railways.
The domestic order worth Rs. 19.17 crore has to be executed within 7 months from the date of the order. The order is from an entity that has no interest in the company & this is not a related party transaction.
This order adds to the company’s strong order book,with an Opening order book at Rs. 212.54 crore, total orders received are Rs.182.01 crore, where total order executed by the company is of Rs. 81.55 crore and they closed this quarter’s order book with Rs. 313 crore.
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About the company
Incorporated in 2011, the company started operations by producing and supplying coach-related and electrification products tailored for Indian Railways and its contractors. Subsequently, it has transformed into a deep research backed railway solutions and technology player who understands ground railway problems.
The firm is able to deliver this kind of orders, as it operates state-of-the-art manufacturing facilities in Lucknow, Bengaluru (Advanced Rail), and Hyderabad (Progota India), supported by advanced R&D capabilities encompassing product engineering, simulation, prototyping, and testing.
Financial highlights revenue from operations for H1 FY26 is Rs. 82 crore, a 64 percent growth from H1 FY25 Rs. 50 crore. EBIDT grew 48 percent to Rs. 20.5 crore in H1 FY26 from Rs. 13.8 crore in H1 FY25, along with a 93 percent growth YoY in Net profit at Rs. 16 crore in H1 FY26. Business outlook will likely become better as more & more similar order inflows, accompanied by strong quarterly earnings.
Written by Gourav Pratap Singh
