Accord Transformer H1 FY27 Revenue ₹52.68 Cr, Up 90%
Accord Transformer & Switchgear Ltd reported a significant business update for the first half of FY 2026-27. The company's revenue reached ₹52.68 Cr, marking a substantial 90.07% year-on-year growth. The order book stood at ₹173 crore as of September 30, 2026, with ₹77 crore in new orders received during H1 FY27. Key developments include vendor approvals from major players like Aditya Birla Renewables and Sterling and Wilson Renewable Energy, successful CPRI type testing, and orders worth ₹37 crore for Aditya Birla projects. The company also acquired 20,300 sq. metres of land in Rajasthan for future expansion, costing ₹8.85 crore plus ₹1.82 crore in additional expenses. Accord continues to focus on renewable energy and power infrastructure, expanding its product and customer base.
Key Highlights
- H1 FY27 revenue surged by 90.07% YoY to ₹52.68 Cr.
- Order book stands at ₹173 crore; ₹77 crore orders received in H1 FY27.
- Secured vendor approvals from key renewable energy players.
- Acquired 20,300 sq. metres of land for future manufacturing expansion.
- Focus on renewable energy and power infrastructure growth.
Price Impact
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