Close 2026-08-21 1267 scanned A

CEWATER

Concord Enviro Systems Limited
Small capRs 538 crRs 2.9 cr traded a day
Close on 2026-08-21
260.00
−4.32%
52-week range6% of the way up
241.25544.90
Market cap
538 cr
Revenue YoY
-16.6%
Q1 FY27
Profit YoY
-526.5%
Net margin
-20.6%
-24.6pt vs a year ago
Growth trend
-16.2pt
vs last quarter’s YoY
1 month
-12.6%
Below 52w high
109.6%
RSI (14)
27
oversold
Daily swing
4.5%
average true range
Volume
1.9×
vs 20-day average
Traded
Rs 3 cr
median day
Close200-day averageMaterial filing
300400500Aug 25Oct 25Dec 25Feb 26Apr 26Jun 26Aug 26
260 sessions · hover for the filing behind a move
1 week
−1.76%
1 month
−12.61%
3 months
−8.32%
6 months
−16.14%
1 year
−52.23%

The read

written from the numbers on this page
The evidence leans negative2 supporting, 5 against, 1 worth knowing

Supporting

  • matches falling on heavy volume, which has beaten the market by +1.50 points over 20 sessions across 11,289 past signals
  • 2 of the scans it matches have a positive measured record

Against

  • trading 23% below its 200-day average
  • at 6% of its 52-week range — nearly everyone who bought in the past year is underwater
  • down 52% over twelve months
  • revenue fell 17% year on year in the quarter ending 2026-06-30
  • net margin has narrowed from 3.6% to -20.6% across four quarters

Worth knowing

  • RSI at 27 is washed out — historically the better half of this site's measured edge comes from exactly this condition
What would change this read: a close back above 337, its 200-day average.
Assembled automatically from the figures on this page — the scans matched, their measured record, the filed financials, the derivatives positioning and the peer comparison. It is not a recommendation, no one has spoken to the company, and every claim above can be checked against a number further down this page.

What is working, what is not

read from the filings, with the figure behind every line
Working
Nothing in the filings stands out either way.
Needs watching3

Net profit -526.5% year on year, Rs 4 cr to Rs -18 cr.

-526.5%Rs 4 crRs -18 cr

Profit grew slower than revenue, -526.5% against -16.6%.

-526.5%-16.6%

Net margin moved from 4.0% to -20.6%.

4.0%-20.6%
Every figure here is computed from the company’s own filings. The wording is generated directly from the figures.

How it has performed

price return over each window, measured against zero
-1.8%1W-12.6%1M-8.3%3M-16.1%6M-52.2%1Y

What the scans say today

2 of 47 matched on 2026-08-21
CEWATER matches 2 of the 47 scans today, across 2 different kinds of evidence.

Valuation against its own history

268 sessions since 2025-08-08
12×
median 18×
47×
now 37×
CEWATER trades at 37× trailing earnings, above its median of 18× over this window — 105% more expensive than usual. The band runs from the 5th to the 95th percentile, so single-day spikes do not set the edges.
This window is short by the standards of valuation history — it begins where four quarters of filed earnings first exist. A stock can look cheap against two years and expensive against ten.

Recent filings

from the exchange, newest first
Analyst call filings were typically +0.14pt vs the market over the next 5 sessions (n=3,352) · Credit rating filings were typically +0.58pt vs the market over the next 5 sessions (n=266) · Results filings were typically -0.52pt vs the market over the next 5 sessions (n=7,520)

The business

from the company’s filed results
Everything below is taken from the company’s own quarterly filing with the exchange — the XBRL document it submitted, not a vendor’s summary of it. Figures in rupees crore.
1621232071021251252068510.7%22.8%-20.6%Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
RevenueNet profit, drawn inside its revenue barNet margin, own scale belowrupees crore, per quarter as filed. Revenue bars start at zero.

Going for it

  • nothing clear in the filed numbers

Going against it

  • revenue fell 17% against the same quarter a year earlier
  • profit dropped 527% year on year
  • net margin narrowed from 6.9% to -20.6%
  • the company has not been profitable over the last four filed quarters
Quarter-by-quarter numbers, as filed
QuarterRevenueProfit before taxNet profitEPSNet margin
Q1 FY27
2026-06-30 · consolidated
85-19-18-20.6%
Q4 FY26
2026-03-31 · consolidated
20618147.096.9%
Q3 FY26
2025-12-31 · consolidated
125-7-8-6.6%
Q2 FY26
2025-09-30 · consolidated
125542.573.6%
Q1 FY26
2025-06-30 · consolidated
102642.484.0%
Q4 FY25
2025-03-31 · consolidated
207534722.7722.8%
Quarterly filings are unaudited unless stated. Consolidated figures are used where the company files both. A single quarter is a noisy thing — the trend across the column is worth more than the top row.

Where the price stands

the same figures every scan on this site is computed from
Trend
Distance from the averages traders watch. Above all of them is a bull phase; below the 200-day is the line most investors use to say otherwise.
Versus 50-day average-15.4%
Versus 200-day average-22.9%
Below 52-week high-52.3%
Above 52-week low+7.8%
Momentum
How hard it has been pushed lately. Above 70 on RSI is stretched, below 30 is washed out — neither is a signal on its own.
RSI (14)26.8
Higher closes in last 52 of 5
Six-month return−16.14%
Risk and liquidity
What a position costs to hold and to exit. Position sizing starts with the daily swing, not with conviction.
Typical daily swing (ATR)4.46%
Volume versus 20-day1.9x
Median daily turnoverRs 2.9 cr