Published: 19th Dec 2024
By: Value Research
Concord Enviro provides engineering, procurement and construction (EPC) services for wastewater treatment. The company has over 300 clients and also boasts a significant presence in the international market
EBIT is earnings before interest and taxes PAT is profit after tax
ROE is return on equity ROCE is return on capital employed
Concord Enviro provides solutions across the supply chain of wastewater treatment plants and boasts in-house capabilities for most of its operations. As a result, the company has reported higher operating profit margins than its peers.
Concord Enviro has reflected significant client stickiness despite serving over 300 clients. In FY24, almost 93 per cent of its revenue came from repeat businesses.
Concord's top 10 clients are responsible for almost 55 per cent of its revenue. As a result, losing even one such client can result in a significant blow to its financials.