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Company Information

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CONCORD ENVIRO SYSTEMS LTD.

04 April 2025 | 12:00

Industry >> Water Supply & Management

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ISIN No INE037Z01029 BSE Code / NSE Code 544315 / CEWATER Book Value (Rs.) 156.45 Face Value 5.00
Bookclosure 52Week High 860 EPS 20.02 P/E 27.02
Market Cap. 1119.77 Cr. 52Week Low 415 P/BV / Div Yield (%) 3.46 / 0.00 Market Lot 1.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
Our Company was originally incorporated as "Concord Enviro Systems Private Limited" under the provisions of the Companies Act, 1956 pursuant to a certificate of incorporation dated July 1, 1999, issued by the RoC. Pursuant to a memorandum of understanding dated August 18, 1999 executed between our Company, and "Universal Blenders", a partnership firm constituted pursuant to partnership deed dated August 19, 1992, as amended, our Company took over the assets and liabilities of Universal Blenders, which ceased its business operations, and whose operations were taken over and carried in the name of the Company with effect from July 3, 1999. The name of our Company was subsequently changed to "Concord Enviro Systems Limited", upon conversion into a public company, pursuant to a board resolution dated May 23, 2022 and a shareholders' resolution dated May 25, 2022, and a fresh certificate of incorporation was issued by the RoC consequent upon change of name on conversion to public limited company on June 9, 2022.

Major Events and Milestones:
1993
 Company received an enquiry for the supply of a reverse osmosis distillation plant to the Indian Navy for user and evaluation trials.

1995
 Company ventured into offshore seawater desalination equipment supply via our Subsidiary, Rochem Separation Systems (India) Private Limited
 Order from Goa Shipyard Limited for supply of RO type fresh-water generators for survey vessel yards
 Investment by Rochem Group S.A., Switzerland, into 50% equity share capital of our Subsidiary, Rochem Separation Systems (India) Private Limited

1996
 First order for RO system to be installed on submarines

2001
 Expanded into industrial wastewater reuse through our Subsidiary, Rochem Separation Systems (India) Private Limited by industrial installation along with Aurobindo Pharma Limited

2007
 Set up operations in Sharjah Airport International Free Zone through incorporation of our Subsidiary, Blue Water Trading and Treatment (FZE)
 Acquisition by Concord Shipping Private Limited of 50% of the equity share of our joint venture from Rochem AG by purchase of shares of Rochem Separation Systems (India) Private Limited held by Rochem AG

2009
 Company expanded its customer segment through our Subsidiary, Rochem Separation Systems (India) Private Limited to the oil and gas sector

2010
 Our Company acquired the entire shareholding in Reva Enviro Systems Private Limited pursuant to a share purchase agreement dated June 2, 2009
 Earned a total income of ? 1,000 million in the financial year 2009-10

2011
 Expanded our manufacturing and export facilities in the UAE through incorporation of our Subsidiary, Concord Enviro FZE
 Company expanded its customer segment through our Subsidiary, Rochem Separation Systems (India) Private Limited to the food and beverage sector

2014
 Expanded product portfolio with High Pressure Reverse Osmosis ("HPRO") and Low Pressure Reverse Osmosis ("LPRO") plants

2015
 Sold NF membrane plant through our Subsidiary, Rochem Separation Systems (India) Private Limited

2017
 Incorporation of Roserve Enviro Private Limited, to carry on business of owning and providing on rent/ lease, operating/ maintaining and buying, selling, reselling, all kinds of reverse osmosis plants and allied equipment, machinery, plants, and other equipment

2018
 Rochem Separation Systems (India) Private Limited installed its first HPRO System

2019
 Commercialization of waste heat evaporators by our Subsidiary, Rochem Separation Systems (India) Private Limited
 Commencement of exports to China and Africa, by our Subsidiary Concord Enviro FZE

2022
 Largest export order till date received from one of our international customers namely Diageo Mexico Operaciones, S.A. De C.V.

2024
Orders received for:
 Integrated membrane brine concentrator for RO rejects from Ranjan Polysters Limited; and
 Complete wastewater package from refinery sector from Megha Engineering & Infrastructures Limited.