Accord Transformer Submits Earnings Call Transcript

Accord Transformer & Switchgear Ltd has submitted the transcript of its earnings conference call held on June 01, 2026. The call discussed the Audited Financial Results for the Half Year and Year ended March 31, 2026. Key highlights from the call included securing orders worth INR 9.70 crores, expanding the approved vendor base with MVVNL, DHBVNL, and UGVNL, and receiving vendor approval from Toyota. The company also bid on projects worth INR 125 crores with MVVNL and INR 100 crores with Torrent Power. A strategic MoU was signed with the Western Administrative District of Moscow for energy infrastructure development. Financially, FY26 reported total income of INR 70.60 crores, EBITDA of INR 7.31 crores (10.39% margin), and Profit After Tax of INR 4.50 crores. H2 FY26 saw total income of INR 42.59 crores, EBITDA of INR 5.01 crores (11.77% margin), and PAT of INR 3.25 crores. Management attributed a revenue decrease in H1 FY26 compared to H1 FY25 to customer-side project delays, with revenue recognition deferred to the current financial year.