Accel Limited reported a consolidated net profit of ₹533.23 lakh for the financial year ended March 31, 2026, a significant increase from ₹183.76 lakh in the previous year. Revenue from operations for the year stood at ₹16,432.88 lakh, compared to ₹16,304.53 lakh in FY25. The board of directors approved the audited standalone and consolidated financial results at its meeting held on May 27, 2026, pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015.

The standalone net profit for the year was ₹543.66 lakh, up from ₹178.77 lakh in the prior year. The company recognized an exceptional item of ₹122.25 lakh during the year, attributed to the incremental financial impact of past service costs for gratuity and compensated absences due to the New Labour Codes notified by the Government of India. This liability arose from the change in the definition of "wages" under the new framework.

Financial Performance

The company's earnings per share (EPS) on a consolidated basis for FY26 was ₹0.93, compared to ₹0.32 in the previous year. Total comprehensive income for the year increased to ₹586.25 lakh from ₹203.44 lakh in FY25. The board also noted the merger of Accel Media Ventures Limited with the company, effective from April 1, 2024, following an NCLT order dated March 10, 2026.

Auditor's Report

The statutory auditors, K.S. Aiyar & Co., issued a qualified opinion on the standalone and consolidated financial results. The qualification relates to the carrying value of an investment in Secureinteli Technologies Private Limited, an associate company. The investment is carried at ₹487.79 lakh, while an independent valuation report dated February 28, 2025, assessed the fair value at ₹172.82 lakh. The management believes no impairment is necessary based on the associate's growth prospects, a view the auditors could not verify due to insufficient evidence.

The company's total assets as per the consolidated balance sheet stood at ₹17,667.10 lakh as of March 31, 2026, while total liabilities were ₹10,837.36 lakh. The trading window for insiders, which was closed from April 1, 2026, will reopen on June 1, 2026.

Accel Limited's Share Allotment Committee, at its meeting held on May 4, 2026, approved the allotment of equity shares pursuant to the Scheme of Amalgamation of Accel Media Ventures Limited with and into Accel Limited. The scheme was sanctioned by the Hon'ble National Company Law Tribunal, Division Bench – II, Chennai, vide its Order dated March 10, 2026 in case numbers CP/CAA/60/(CHE)/2025 and CP/CAA/58/(CHE)/2025.

Share Allotment Details

The committee approved the allotment of 6,06,250 fully paid-up equity shares of face value ₹2/- each to eligible shareholders of Accel Media Ventures Limited who held shares as on the record date of May 1, 2026. The allotment was made in the ratio of 1 fully paid-up equity share of Accel Limited for every 2 fully paid-up equity shares held in Accel Media Ventures Limited.

Updated Capital Structure

Following the share allotment, the paid-up equity share capital of Accel Limited stands increased to ₹11,63,57,302/- divided into 5,81,78,651 fully paid-up equity shares having a face value of ₹2/- each. The newly allotted equity shares shall rank pari passu with the existing equity shares of the company and are proposed to be listed and traded on BSE Limited.

Regulatory Compliance

The disclosure has been made in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. The merger scheme ensures regulatory compliance for the corporate restructuring between the transferor and transferee companies.