Concord Enviro Systems Limited
240.70
INR
-2.85
(-1.17%)
Concord Enviro Systems Limited
NSE:CEWATER
(National Stock Exchange of India)
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- Business
- Concord Enviro Systems Ltd. (CEWATER.NS) engineers, supplies, and services water and wastewater treatment solutions for industrial, municipal, and commercial applications. The company offers a comprehensive portfolio of products and services, including water treatment systems such as reverse osmosis plants, ultrafiltration modules, and ion exchange resins; wastewater recycling equipment like membrane bioreactors, zero liquid discharge systems, and effluent treatment plants; and associated services encompassing design engineering, installation, commissioning, operations and maintenance, and performance optimization. Its product lineup features specialized brands and technologies, including packaged sewage treatment plants, rainwater harvesting systems, and advanced oxidation processes for contaminant removal. Founded in 2017 and headquartered in Vadodara, India, Concord Enviro Systems operates primarily in the water and environment management industry, serving sectors such as pharmaceuticals, chemicals, textiles, food processing, power, steel, oil and gas, and municipal corporations. The company maintains a pan-India presence with regional offices and service networks across major industrial hubs, while expanding into select international markets in the Middle East and Southeast Asia. Target customers include large-scale industries focused on sustainability compliance, effluent reuse, and water conservation mandates. In the last two years, Concord Enviro Systems has pursued aggressive growth through strategic initiatives, including a successful initial public offering (IPO) in December 2024 that raised approximately INR 1,600 crore to fund expansion of manufacturing capabilities, working capital, and new project acquisitions. The company recently secured significant orders exceeding INR 100 crore for water treatment projects from pharmaceutical and chemical clients, alongside partnerships with global technology providers for next-generation membrane and electrochemical treatment innovations. Additionally, it has expanded operations via strategic acquisitions of regional service providers and launched modular, containerized treatment units to address rapid-deployment needs in remote industrial sites.