The Indian railway electronics manufacturer saw revenue rise 69% and EBITDA more than double in FY26.
Concord Control Systems Limited, India’s leading manufacturer of embedded electronic systems and critical electronic solutions for railway applications, has reported its strongest financial results on record for the year ended March 31, 2026. Revenue from operations grew 69 per cent year-on-year to Rs 210.47 crore, up from Rs 124.46 crore in FY25, driven by accelerating execution across the Indian Railways modernization programme. EBITDA more than doubled, rising 103 per cent to Rs 59.28 crore from Rs 29.14 crore in FY 25. Profit after tax surged 87 per cent to Rs42.40 crore from Rs.22.65 crore in FY25, while earnings per share grew 86 per cent to Rs 41.75 from Rs 22.44 in FY 25
The company’s order book stood at Rs696.99 crore as of March 31, 2026, providing forward revenue visibility. Performance accelerated in the second half of FY26, with revenue from operations rising significantly compared to the prior-year period. Gaurav Lath, Joint Managing Director, attributed the results to the Indian government’s push for railway modernisation, infrastructure expansion and Atmanirbhar manufacturing, and said the company was positioned to lead a decade of sustained growth in the sector. The audited results were approved by the Board of Directors on May 13, 2026, with an unmodified audit opinion issued by Seth and Associates, Chartered Accountants.
Source: Concord Control Systems Limited
