Concord Control Systems Limite
CNCRD.BO
Bombay Stock Exchange2,937.90
INR
+97.95
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Concord Control Systems Limite
CNCRD.BO
(Bombay Stock Exchange)
Recent
price
2,937.90
P/E
ratio
- -
div
yld
- -
ROIC.AI
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- Business
- Concord Control Systems Limited engages in the manufacture and supply of electrical, electronic, and mechanical products primarily for the Indian Railways and other railway contractors in India. Its core product portfolio includes inter-vehicular couplers; emergency lighting systems; brushless DC carriage fans; exhaust fans; cable jackets; bellows; battery chargers (200 AH, 40 AH); control and distribution panels; tensile load testing machines; train vehicle control units; train driver displays; distributed power wireless control systems; remote monitoring rail systems; traction substations; AC-DC distribution panels; control relay panels; color light signal panels; fuse boxes; terminal boards; and insulator testing machines. The company also manufactures custom wiring harnesses and automotive control systems and offers consulting and engineering services for the design, development, testing, and validation of electronic and electrical systems. Founded in 2011 and headquartered in Lucknow, India, Concord is an RDSO-approved vendor known for quality and compliance with railway specifications. The company is transitioning from a product/equipment supplier to a comprehensive railway solutions provider, investing in research and integrating research-based problem-solving capabilities. In recent strategic moves, Concord increased its stake to 46.5% in Progota India to commercialize the Kavach 4.0 train collision avoidance system. It also acquired a majority stake (90% as of 2025) in Advanced Rail Controls Private Limited, a pioneer in railway technology, which has expanded Concord's footprint in signaling, control systems, and infrastructure management, including locomotive segment diversification. Additionally, Concord holds stakes in Concord Lab to Market Innovations Pvt Ltd and Progota India Pvt Limited as part of its strategic expansion. The company launched India’s first indigenous zero-emission rail propulsion system in 2025 and continues to capitalize on the Indian government's multi-billion capital expenditure to upgrade the national railway network. Concord operates primarily in the railway technology and electrical systems sector, catering mainly to Indian Railways but also addressing automotive clients through its wiring and control systems. Its business aligns closely with government infrastructure initiatives, particularly the broad-scale deployment of railway safety and electrification products and technology solutions. Concord's strategic focus on research-led innovation and acquisitions positions it for growth both domestically and in potential international markets. This comprehensive product and service offering, combined with recent strategic acquisitions, equity investments, and new product introductions, reflects Concord Control Systems Limited’s commitment to evolving from a product supplier to an integrated railway solutions provider. The company continues to support the modernization and safety enhancement of India's rail infrastructure while expanding its technological capabilities and market presence.