Concord Control Systems Posts 116 Percent Income and 111 Percent Profit Growth
Lucknow, 16th May 2025: Concord Control Systems Limited, a leading player in railway control and safety automation systems, announced its earnings for the H2 FY25 and the year ended March 31, 2025. The company has approved the preferential allotment of ₹3.5 crore to acquire the remaining 10% stake in Advanced Rail Controls Pvt Ltd (ARC).
Key financial performance (Half-year) – Consolidated
Particulars | H2 FY25 | H1 FY25 | Growth | H2 FY24 | Growth |
Total Income | 77.03 | 50.92 | 51% | 35.73 | 116% |
Operating EBITDA | 15.10 | 14.04 | 75% | 9.07 | 66.4% |
Operating EBITDA Margin | 20% | 28% | – | 26% | – |
Profit After Tax | 14.38 | 8.28 | 74% | 6.8 | 111% |
Key financial performance (Annual) – Consolidated
Particulars | FY25 | FY24 | Growth |
Total Income | 127.95 | 77.03 | 92% |
Operating EBITDA | 29.13 | 16.94 | 72% |
Operating EBITDA Margin | 23% | 22.6% | – |
Profit After Tax | 22.65 | 13.991 | 77% |
The Earning per share for the financial year ending 31st March 2025 is 37.13. During the year Concord Control Systems received orders to the tune of Rs 141.5 cr. As of 31st March our unexecuted order book stands at Rs 212.5 cr which is nearly 1.7x our FY25 revenues.
Management Commentary
Gaurav Lath, Joint Managing Director of Concord Control Systems said, “FY25 has been an exciting year for us. Looking ahead, we are focused on unlocking new growth avenues through strategic consolidation, product innovation, and market expansion. This business as of today has an opportunity size of approximately Rs 250 crore till FY30. We are committed to its guidance of achieving 40–50% revenue CAGR over the next 3–5 years, driven by robust order pipelines, supportive policy tailwinds under Atmanirbhar Bharat, and expanding opportunities in metro, urban mobility, and smart infrastructure projects.”
Key milestones –
- The Board approved the amalgamation of Advanced Rail Controls Pvt Ltd (ARC), a subsidiary, with Concord Control Systems to enhance operational efficiency.
- Preferential allotment of ₹3.5 crore was approved to consolidate 100% stake in ARC.
- In FY25 they entered into a Transfer of Technology agreement with a German company for the metro business. This ToT is in the area of Overhead Monitoring systems for real time wire monitoring, precise diagnostics and actionable alerts essential for seamless operations.
- In their Kavach business i.e. Progota Indis Pvt Ltd, they are expecting to receive section allocation for field trials and tenders are expected for the same.
Biswaranjan Jena