The board of directors at Accedere approved the audited financial results for the quarter and fiscal year ended March 31, 2026, on May 29, 2026. The company reported a significant turnaround in profitability for the full year, driven by robust revenue growth and improved operational efficiency in the final quarter.

Consolidated net profit attributable to owners of the parent stood at ₹62.78 lakh for FY26, a sharp increase from ₹19.84 lakh in the previous fiscal year. This marks a transition from a loss-making stance in earlier quarters to substantial profitability by year-end. The standalone net profit was even higher at ₹80.43 lakh, compared to ₹25.40 lakh in FY25.

Financial Performance

Revenue from operations grew 13.7% year-on-year to ₹415.34 lakh (consolidated), up from ₹365.39 lakh in FY25. The fourth quarter alone contributed significantly to this growth, with Q4FY26 revenue reaching ₹168.35 lakh, compared to ₹90.11 lakh in Q4FY25.

The improvement in the bottom line was supported by a decline in total expenses, which fell to ₹335.93 lakh from ₹363.25 lakh in the prior year. Other income decreased to ₹4.35 lakh from ₹11.40 lakh, but this was more than offset by lower operational costs.

Balance Sheet and Cash Flows

As of March 31, 2026, total assets increased to ₹623.05 lakh from ₹512.15 lakh in the previous year. Current assets rose to ₹229.51 lakh, with cash and cash equivalents standing at ₹48.21 lakh, up from ₹35.85 lakh. Trade receivables also increased to ₹82.79 lakh from ₹67.40 lakh.

On the liabilities side, total borrowings rose to ₹84.93 lakh (₹25.00 lakh long-term and ₹59.93 lakh short-term) from ₹40.58 lakh in FY25. Equity attributable to owners of the parent expanded to ₹506.30 lakh from ₹424.65 lakh.

Cash generated from operating activities improved to ₹80.63 lakh from ₹68.82 lakh in FY25. However, investing activities consumed ₹112.13 lakh, primarily due to equity investments of ₹102.83 lakh. Financing activities provided ₹43.86 lakh, driven by an increase in borrowings.

What the Numbers Show

A key divergence exists between the consolidated and standalone results. While consolidated net profit attributable to owners was ₹62.78 lakh, the standalone entity reported a higher net profit of ₹80.43 lakh. This indicates that the subsidiary, Freebird Aerospace India Pvt Ltd, incurred losses that reduced the consolidated bottom line. The auditor’s report notes that Freebird Aerospace reported a net loss of ₹14.85 lakh against minimal revenue of ₹0.94 lakh, highlighting that the group’s profitability is currently concentrated in the parent company’s operations rather than its aerospace subsidiary.

Accedere has scheduled its 43rd Annual General Meeting for September 23, 2026. The board also fixed the record date for the final dividend eligibility.

The Board of Directors convened on August 24, 2026, to approve these corporate actions. The meeting commenced at 3:30 pm and concluded at 4:45 pm.

Key Dates

Members holding shares on the record date will be eligible to receive the final dividend for FY26. This payout is subject to approval by shareholders at the ensuing AGM.

Neelam Purohit, Compliance Officer, signed the disclosure filed with BSE Limited.