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The Captial Market (CapitalMarket.com) rating for Concord Enviro Systems IPO is 45. Their analysis recommends May Subscribe for the IPO.
| Reviewer | Rating Score | Rating |
|---|---|---|
| Capital Market | 45 | May Subscribe |
[Dilip Davda] The company is a global player for water/wastewater treatment and other solutions involving ZLD technology. While it posted steady growth in its top lines for reported periods, it marked setback in bottom line for FY23. For 5M of FY25, it posted dismal earnings, indicating pressure on margins with rising competition. Based on its recent financial data, the issue appears fully priced discounting all near term positives. Well-informed investors may park funds for medium to long term. Read detail review...
Concord Enviro Systems Limited peer comparison with similar listed entities. (As on March 28, 2024)
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Concord Enviro Systems Limited | 22.77 | 22.77 | 177.23 | 12.92 | Consolidated | ||
| Praj Industries Ltd. | 15.42 | 15.42 | 69.35 | 51.39 | 22.24 | 7.71 | Consolidated |
| Ion Exchange (india) Ltd. | 16.53 | 16.53 | 86.15 | 43.28 | 19.24 | 5.9 | Consolidated |
| Triveni Engineering & Industries Ltd. | 18.05 | 18.05 | 132.51 | 24.86 | 13.8 | 2.35 | Consolidated |
| Va Tech Wabag Ltd. | 39.49 | 39.49 | 235.96 | 48.28 | 15.04 | 3.24 | Consolidated |
| Thermax Ltd. | 57.28 | 57.28 | 314.96 | 81.3 | 14.8 | 13.35 | Consolidated |
Sourced from the Restated Consolidated Financial Information and tables C and D given hereabove.
Details of revenue from operations, net worth, face value, and EPS (basic and diluted) are taken from the audited financial statements for the year that ended in March 2024. The closing balance as of December 6, 2024, is taken from www.bseindia.com.
Notes for Listed Peers:
Concord Enviro Systems IPO Reviews, analysis and views by popular members. Read Concord Enviro Systems Ltd. IPO reviews by retail investors to find recommended ipo to buy.
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| No recommendation found. Be the first to post the recommendation. | |
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