Synopsis:- A railway electronics stock rose 2% after securing a ₹56.58 crore Indian Railways order for a loco wireless control system, to be executed in 18 months. Strong fundamentals back the move, with revenue up 64% to ₹82 crore, profit doubling to ₹16 crore, and an order book of ₹313 crore supporting long-term growth.
The shares of the Electronics Products manufacturer gained up to 2 percent in today’s trading session after the company bagged a significant work order from Indian Railways worth Rs 56.58 crore.
With a market capitalisation of Rs 2,529.05 crore, the shares of Concord Control Systems Ltd were trading at Rs 2,499.00 per share, increasing around 2 percent as compared to the previous closing price of Rs 2,450.00 apiece.
Significant order
The shares of Concord Control Systems Ltd have seen positive movement after Advanced Rail Controls Private Limited, a wholly owned subsidiary, bagged a significant work order from Indian Railways for the supply, installation, and commissioning of the Loco wireless control system. The order should be completed in 18 months from the date of commencement.
Commenting on the development, Gaurav Lath, Joint Managing Director of Concord Control Systems Limited, said, “This order strengthens Concord’s position as a leader in India’s railway technology journey. It shows the trust Indian Railways has in our capabilities in railway safety and electronic systems, and fits well with the country’s focus on safer and better rail infrastructure. Our focus is on building dependable, India-made technologies that will play a key role in shaping the future of Indian Railways.”
Financial & other Highlights
The company delivered strong year-on-year growth, with revenue rising 64% from Rs 50 crore in September 2024 to Rs 82 crore in September 2025. Net profit doubled from Rs 8 crore to Rs 16 crore, reflecting improved execution, operating leverage, and better cost efficiency, indicating a healthier earnings trajectory and strengthening fundamentals.
Concord Control Systems Ltd reported a sharp improvement in order visibility. The consolidated closing order book rose from Rs 212.54 crore in FY25 to Rs 313 crore by H1 FY26. Strong inflows of Rs 182.01 crore during H1, despite executions of Rs 81.55 crore, reflect sustained demand momentum and a healthy pipeline supporting future revenue growth.
Concord Control Systems Ltd boasts a strong and diversified client base spanning Indian Railways, metro systems, and global engineering majors. Associations with players like L&T, Siemens, ABB, Alstom, BHEL, DMRC, and multiple railway zones highlight its credibility, repeat business potential, and deep integration within India’s rail and infrastructure ecosystem.
Concord Control Systems Ltd has outlined an ambitious growth roadmap. The company is targeting 40–50% revenue CAGR over the next 3–5 years, while sustaining healthy EBITDA margins of 22–25%. Its strategy focuses on becoming a 360-degree railway solutions provider, with increased emphasis on ESG-led technologies such as hydrogen and battery-based systems.
Prominent ace investors Mukul Mahavir Agrawal & Ashish Kacholia hold 401,000 & 122,292 equity shares, which are equivalent to 3.96% and 1.21% respectively in the company.
Concord Control Systems Limited is a leading Lucknow-based company that manufactures and supplies a wide range of coach-related and electrification products for Indian Railways. Looking towards the future, the company holds the ambitious goal of becoming a comprehensive solution provider for the entire world’s railway sector.
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