What we do Concord Control Systems Ltd designs, manufactures, and supplies railway coach and electrification products, focusing on advanced safety and electrification for Indian Railways. |
Founded in 2,011 |
Market share Top SME-listed railway equipment supplier, approved vendor for Indian Railways, with growing presence in safety solutions and electrification. |
Problem solved Enhances railway safety and operational efficiency with indigenous technology, addressing critical needs like train collision avoidance and zero-emission propulsion. |
Top clients or who we serve Indian Railways, railway contractors, metro networks; primarily B2B serving government and private rail infrastructure sectors. |
Key management Mr. Nitin Jain (Joint Managing Director), Mr. Gaurav Lath (Joint Managing Director & CFO) |
Our journey and innovations Founded in 2011, evolved from battery chargers to advanced safety systems including indigenous Kavach 4.0 ATP and zero-emission locomotives. |
Where we operate Manufacturing in Lucknow, Bangalore, Hyderabad; services and products nationwide in India. |
Top products or what we offer Kavach 4.0 train protection system, battery chargers, brushless DC fans, emergency lighting, locomotive propulsion systems, flex PCBs. |
Top brands Progota's Kavach 4.0 (market leader in railway safety), Fusion Electronics (flex PCBs), Advanced Rail Controls (locomotive propulsion). |
Raw materials needed Electronics components, semiconductors, PCBs, metal parts for railway hardware. |
Raw materials supplier Not explicitly disclosed; includes global and domestic electronics and raw material suppliers. |
Recurring vs cyclical contribution Revenues mainly from contracts and orders with Indian Railways, featuring project-based and recurring maintenance contracts. |
Our industry position Recognized as a leading SME railway equipment supplier with RDSO approvals and strong growth in safety and electrification segments. |
Financial highlights FY 2024-25 consolidated revenue Rs.124.46 Cr, net profit Rs.22.65 Cr, with 16.9% revenue growth and 15.6% PAT growth year-on-year. |
Geographical revenue split Primarily India; manufacturing and sales across Indian Railways and metro networks nationwide. |
Order book Rs.313 Cr order book as of September 2025, reflecting robust demand and growth potential. |
Whats driving growth Rising government rail infrastructure investments, demand for safety automation and electrification technologies, plus acquisitions expanding capabilities. |
Our future plans Focus on scaling Kavach deployment, enhancing zero-emission propulsion, expanding metro business, and deepening R&D for new railway tech. |
Our green promise Committed to zero-emission technologies and energy-efficient products aligning with India's net-zero targets by 2030. |
Our people and values 110+ dedicated R&D engineers, focus on innovation, corporate governance, diversity with women directors, and employee development. |
Key challenges ahead Managing rapid expansion, technology adoption risks, competition, supply chain challenges, and regulatory compliance in evolving rail sector. |
Interesting facts Developed India's first 100% indigenous zero-emission diesel locomotive propulsion; Kavach 4.0 is a fully in-house SIL-4 safety system. |
Risks and strategy Mitigates risks through R&D, government collaboration, diversified product portfolio, and focus on quality and compliance to maintain leadership. |
