Concord Enviro Systems Ltd Hits All-Time Low Amid Prolonged Downtrend

Stock Performance Overview

On 20 Feb 2026, Concord Enviro Systems Ltd recorded a closing price of Rs.340, the lowest level ever observed for the stock. This follows a continuous nine-day losing streak during which the stock has declined by 22.18%. The intraday high on the same day was Rs.351.6, representing a 2.79% gain from the previous close, but the overall day’s performance was negative with a 1.02% drop. This contrasts with the Sensex, which gained 0.42% on the day, highlighting the stock’s relative weakness.

The stock has consistently traded below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, signalling a persistent bearish momentum. Over the past week, the stock has lost 11.04%, while the Sensex managed a modest 0.26% gain. The one-month decline stands at 17.38%, compared to a 0.80% rise in the Sensex, and the three-month performance shows a 19.41% drop against the Sensex’s 3.26% fall.

Longer-term figures are equally unfavourable. Over the past year, Concord Enviro Systems Ltd has delivered a negative return of 29.18%, while the Sensex has appreciated by 9.38%. Year-to-date performance also reflects a 24.69% loss versus a 2.79% decline in the Sensex. The stock’s three-year and five-year returns remain flat at 0.00%, significantly lagging the Sensex’s 36.49% and 62.78% gains respectively. Over a decade, the stock has not recorded any growth, while the Sensex surged by 249.40%.

Financial Metrics and Profitability

The company’s financial results have been under pressure, with negative outcomes reported for the last three consecutive quarters. The Profit Before Tax excluding other income (PBT LESS OI) for the most recent quarter stood at a loss of Rs.6.14 crores, representing a 162.9% decline compared to the average of the previous four quarters. Similarly, the Profit After Tax (PAT) was negative at Rs.2.33 crores, down 117.9% relative to the prior four-quarter average. Net sales also contracted by 10.5% to Rs.124.58 crores in the latest quarter.

Over the last five years, the company’s operating profits have declined at a compounded annual growth rate (CAGR) of -19.27%, indicating sustained pressure on core earnings. Return on Equity (ROE) averaged 9.47%, reflecting modest profitability relative to shareholders’ funds. Return on Capital Employed (ROCE) is reported at 9, which, while modest, contributes to a valuation metric of 1.3 for Enterprise Value to Capital Employed, suggesting the stock is attractively valued on this basis.

Institutional Investor Activity

Institutional investors have reduced their holdings by 1.31% over the previous quarter, now collectively owning 10.93% of the company’s shares. This decline in institutional participation may reflect a reassessment of the company’s fundamentals by investors with greater analytical resources and market insight.

The stock’s Mojo Score currently stands at 38.0, with a Mojo Grade of Sell, downgraded from Hold on 10 Nov 2025. The Market Cap Grade is 4, indicating a relatively modest market capitalisation within its sector. The stock’s underperformance relative to the BSE500 index over the last three months, one year, and three years further underscores its subdued market standing.

Sector and Market Context

Operating within the Other Utilities sector, Concord Enviro Systems Ltd has faced challenges that have translated into a prolonged period of share price weakness. The stock’s underperformance relative to its sector peers and the broader market indices highlights the difficulties in maintaining growth and profitability in its current environment.

Despite the attractive valuation metrics such as the Enterprise Value to Capital Employed ratio, the company’s declining sales and profitability metrics have weighed heavily on investor sentiment. The stock’s consistent trading below all major moving averages further emphasises the prevailing negative momentum.

While the company’s market capitalisation remains modest, the downgrade in its Mojo Grade to Sell reflects a reassessment of its long-term prospects based on recent financial trends and market performance.

Summary of Key Financial and Market Indicators

Concord Enviro Systems Ltd’s stock price has declined by 29.18% over the past year, with profits falling by 39% during the same period. The company’s operating profit CAGR over five years is negative at -19.27%, and its average ROE of 9.47% indicates limited profitability. Institutional investors have reduced their stake, and the stock’s Mojo Grade was downgraded from Hold to Sell in November 2025. The stock’s current trading below all major moving averages and its underperformance relative to the Sensex and BSE500 index over multiple time frames further illustrate the challenges faced.

These factors collectively contribute to the stock’s new all-time low price of Rs.340, marking a significant milestone in its recent market trajectory.

Limited Period Only. Start at Rs. 9,999 - Get MojoOne for 1 Year + 3 Months FREE (60% Off) Get 71% Off →