Accord Transformer & Switchgear Ltd

Accord Transformer & Switchgear Limited has received formal Vendor Registration Approval from Uttar Gujarat Vij Company Limited (UGVCL), a subsidiary of Gujarat Urja Vikas Nigam Limited. This approval, valid for five years, follows a successful factory inspection and technical evaluation. It allows the company to manufacture and supply 500 KVA, 11/0.415 KV Level-1 CRGO Copper Wound Distribution Transformers. This registration enables Accord Transformer to directly participate in tenders floated by UGVCL and associated Gujarat power utilities, strengthening its market presence in India's power distribution sector. The company's Chairman & Managing Director highlighted this as a significant achievement, reinforcing their commitment to quality and expanding their participation in utility-driven projects in Gujarat.

Accord Transformer & Switchgear Ltd has secured a domestic purchase order worth ₹47 Lakhs from Sunsure Energy Private Limited for the supply of transformers. The order is for 150 kVA and 500 kVA Aux Transformers for Solar Project/ BESS Projects in Mundsar, Rajasthan. The project is expected to be completed within three months. This order is considered routine and does not significantly alter the company's business model, risk profile, or financial position.

Accord Transformer & Switchgear Ltd has secured a significant domestic purchase order worth ₹1,03,20,000 for the supply of transformers. The order is for the end client Jabalpur Municipal Corporation, Madhya Pradesh, and is scheduled for execution within three months. The company clarified that these are routine orders received in the normal course of business and do not alter its business model, risk profile, or financial position.

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.

Accord Transformer & Switchgear Ltd announced its FY26 results, reporting a total income of ₹7,035.71 Lakhs and H2 FY26 total income of ₹4,259.45 Lakhs. The company witnessed healthy business momentum driven by demand from power distribution, infrastructure, industrial, and utility sectors. It secured multiple transformer supply orders, completed a Dynamic Short Circuit Test, and signed an MoU with the Western Administrative District of Moscow for energy infrastructure projects.

Accord Transformer & Switchgear Ltd. has announced its standalone audited financial results for the year ended March 31, 2026. The results were reviewed by the Audit Committee and approved by the Board of Directors at a meeting held on May 29, 2026. The company has also closed its trading window for designated persons and their immediate relatives, which will remain closed until 48 hours after the announcement of the audited financial results.

Accord Transformer & Switchgear Ltd has scheduled an earnings conference call on Monday, June 01st, 2026, at 03:30 P.M to discuss the Audited Financial Results for the Half Year and Year ended 31st March, 2026 (H2 FY26). The company has provided dial-in details for investors and analysts to participate. Forward-looking statements may be made during the call, subject to risks and uncertainties.

Accord Transformer & Switchgear Ltd has received multiple routine work/supply orders in the ordinary course of business between May 20, 2026, and May 23, 2026. The company has secured a commercial order for the supply of 2500 KVA, 11kV/433V, 3 phases Transformer worth ₹32 Lakhs from a private sector firm. The project is scheduled to be completed within 3 months. The company clarifies that these orders are routine and do not significantly alter the company's business model, risk profile, or financial position.

Accord Transformer & Switchgear Ltd has scheduled a Board of Directors meeting on May 29, 2026, to consider and approve the audited standalone financial results for the half-yearly and financial year ended March 31, 2026. The trading window for dealing in the company's securities is closed from April 1, 2026, until 48 hours after the board meeting.

Accord Transformer & Switchgear Ltd clarified to BSE Limited regarding the significant movement in the company's share price. The company stated that it adheres to SEBI LODR Regulations and has made timely disclosures of all material events. As of the current date, there are no undisclosed material events that could affect the company's share price, and the movement is purely market-driven. The company is committed to maintaining corporate governance, transparency, and regulatory compliance.