OUR BUSINESS
Our Company incorporation July 1, 1999 We are a leading global provider of water and wastewater treatment and reuse solutions, including zero liquid discharge (“ZLD”) technology.
Our business Comprises
• the manufacture and sale water and wastewater treatment, reuse and ZLD of systems and plants and turnkey solutions.
• operations and maintenance.
• the manufacture and sale of consumables and spare parts (including membranes, plants chemicals and consumables).
• installation of compressed biogas plants (“CBG Plants”).
- Pharmaceuticals and Chemicals
- Distilleries
- Desalination
- Textile
- Food and Beverage
- Defence
- Leachate
We have in-house capabilities to develop solutions across the entire value chain including designing, manufacturing, installation and commissioning, operation and maintenance (“O&M”) and digitalization solutions including Internet of Things (“IoT”).
We have in-house capabilities to develop solutions across the entire value chain including designing, manufacturing, installation and commissioning, operation and maintenance (“O&M”) and digitalization solutions including Internet of Things (“IoT”).
We are an integrated provider of wastewater treatment and ZLD solutions, with focus upon energy optimization and recovery helping industries achieve water conservation and sustainability goals.
Our reach extends to diverse regions, with exports to countries in North America, Latin America, Africa, Middle East and Southeast Asia and a large customer base of 377 customers across the globe as of March 31, 2024.
We also provide our solutions to customers on a turnkey basis. Our integrated solutions incorporate our own custom designs
for systems and plants including effluent treatment plants, anaerobic digestors, membrane bio-reactors, sewage treatment plants,
membrane-based systems including ultra-filtration (“UF”), nano-filtration (“NF”), reverse osmosis (“RO”), desalination systems and waste heat evaporators (“WHE”).
we offer our customers a comprehensive suite of O&M services including providing consumables and spare parts. We have also implemented digitalization solutions (including IoT) to provide data capture and analysis platforms that enable real-time monitoring, troubleshooting and preventative maintenance of our installed systems and plants.
we serviced over 353 domestic customers and 24 international customers across a diverse set of industries such as pharmaceuticals, chemicals, food and beverage, defence and energy, automotive and auto ancillaries, steel and textiles, and have a presence in two countries.
We service both Indian and Multinational customers such as Diageo Mexico Operaciones Like :-
S.A. De C.V., Grasim Industries Limited, AB Mauri, Anthem Biosciences Private Limited, Bhopal Glues and Chemicals Private
Limited, Kasyap Sweetners Private Limited, LANXESS India Private Limited, Puja Spintex Private Limited, SFC Environmental Technologies Private Limited, SMS Limited and Tagros Chemicals India Private Limited. Further we are currently executing projects for multinational companies like Diageo Mexico Operaciones, S.A. De C.V. that include implementing a ZLD solution for their distillery in La Barca, Jalisco, Mexico and a ZLD solution for another customer at their factory in New York, United States of America.
We have two manufacturing facilities, one located at Vasai in Maharashtra, India, and the other at Sharjah in the UAE.
We develop our solutions through our inhouse R&D team, which comprises 21 employees as on March 31, 2024, which designs
industry-specific membranes for our systems and develops new technology and processes
OBJECTS OF ISSUE
1. Investment in our wholly owned Subsidiary, Concord Enviro FZE (“CEF”) for financing its capital expenditure requirements for the greenfield project to develop an assembly unit to assemble systems and plants for treatment of water, waste water and related membrane modules (the “U.A.E Project”).
2. Investment in our wholly owned Subsidiary, Rochem Separation Systems (India) Private Limited (“RSSPL”) for financing its capital expenditure requirements for the brown field project to expand the manufacturing facilities, storage and supporting activities (the “Vasai Project”).
3. Funding capital expenditure requirements of our Company for purchase of plant and machinery.
4. Investment in our wholly owned Subsidiary, Concord Enviro FZE for prepayment or repayment, in full or in part, of all or a portion of certain outstanding borrowings availed by Concord Enviro FZE.
5. Investment in our wholly owned Subsidiary, Concord Enviro FZE, for funding working capital requirements of
Concord Enviro FZE.
6. Investment in our joint venture, Roserve Enviro Private Limited to grow our pay per use/pay as you treat business.
7. Investment in technology and other growth initiatives for access to new markets.
8. General corporate purposes.
Qualitative Factors
- Market leadership in ZLD technology in India, well placed to harness global industry opportunities.
- Integrated solutions provider supported by backward integrated manufacturing facilities.
- Established presence in large international markets.
- Diversified customer base across multiple industries and geographies.
- Strong focus on innovation supported by R&D and design capabilities.
- Experienced Promoters and management team delivering healthy performance.
Comparison of Accounting Ratios with Peer Group Companies
- Praj Industries Limited.
- Ion Exchange (India) Limited.
- Triveni Engineering and Industries Limited.
- VA Tech Wabag Limited.
- Thermax Limited.
