AccelerateBS India FY26 net profit rises 17% to ₹85.76 lakh

1 min read     Updated on 28 May 2026, 05:01 PM
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AI Summary

AccelerateBS India Limited reported a 17% rise in FY26 net profit to ₹85.76 lakh, supported by higher other income. The board recommended a final dividend of ₹0.10 per share and approved the re-appointment of statutory and internal auditors.

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AccelerateBS India Limited reported a 17% increase in net profit to ₹85.76 lakh for the financial year ended March 31, 2026, driven by higher other income despite a decline in revenue. The company's board recommended a final dividend of ₹0.10 per equity share for FY26, subject to shareholder approval at the ensuing Annual General Meeting. Revenue from operations for the year decreased to ₹643.75 lakh from ₹677.10 lakh in the previous year, while total income rose to ₹668.04 lakh from ₹682.15 lakh.

Financial Performance

For the full year, the company reported a profit before tax of ₹133.53 lakh, up from ₹111.25 lakh in the prior year. Total expenses for FY26 were ₹534.51 lakh, lower than the ₹570.90 lakh recorded in FY25. The half-year ended March 31, 2026, however, recorded a net loss of ₹3.99 lakh, contrasting with a profit of ₹87.35 lakh in the corresponding period of the previous year.

Metric (Amount in Lakhs) FY26 (Audited) FY25 (Audited)
Revenue from operations 643.75 677.10
Total Revenue 668.04 682.15
Total Expenses 534.51 570.90
Profit Before Tax 133.53 111.25
Net Profit 85.76 73.30
Earnings Per Share (Basic) 2.49 2.57

Board Decisions

The Board of Directors approved the audited standalone and consolidated financial results for the half year and financial year ended March 31, 2026. Additionally, the board approved the re-appointment of Mr. Vikas Raju Varma as the Secretarial Auditor and Anish Mehta & Associates, Chartered Accountants, as the Internal Auditor for the financial year 2026-27. The Board's Report for FY26 was also approved.

Auditor's Report

M/s. K.S. Sanghvi & Co., Chartered Accountants, the Statutory Auditor of the company, provided an unmodified opinion on the audited standalone and consolidated financial results. The auditor noted that the consolidated financial results include the financials of newly incorporated subsidiaries, Accelerate Next Inc and Beanstalk Web Solutions, based in the United States of America.

Historical Stock Returns for AccelerateBS

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%-12.45%+4.95%+98.58%+41.77%+94.82%

How does the company plan to reverse the declining trend in revenue from operations for the upcoming fiscal year?

What strategic role will the newly incorporated US-based subsidiaries, Accelerate Next Inc and Beanstalk Web Solutions, play in future growth?

Will the company continue to rely on other income to drive profitability, or are there plans to boost core operational earnings?

AccelerateBS India exempt from related party transaction disclosures for FY26

1 min read     Updated on 28 May 2026, 04:48 PM
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AccelerateBS India Limited is exempt from submitting disclosures on Related Party Transactions for the half year and financial year ended March 31, 2026, as its securities are listed on the BSE SME Platform. This exemption follows Regulation 15(2)(b) of the SEBI Listing Regulations, which waives compliance with various Corporate Governance provisions, including Regulation 23(9), for such listings.

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AccelerateBS India Limited has confirmed that it is exempt from submitting disclosures on Related Party Transactions for the half year and financial year ended March 31, 2026, due to its listing status. The company disclosed to BSE Limited that its specified securities are listed on the SME Platform of BSE Limited, which triggers specific exemptions under the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Regulatory Exemption Details

The exemption is based on Regulation 15(2)(b) of the Listing Regulations. This regulation states that companies listed on the SME platform are not required to comply with the Corporate Governance provisions specified in several regulations, including Regulation 23(9). Consequently, the company is not obligated to file the standard disclosure for related party transactions for the specified period.

Applicable Regulations

The non-applicability extends to multiple sections of the Listing Regulations, including Regulations 17, 17A, 18, 19, 20, 21, 22, 23, 24, 24A, 25, 26, and 27. Additionally, clauses (b) to (i) and (t) of sub-regulation (2) of Regulation 46, along with Para C, D, and E of Schedule V to the Listing Regulations, do not apply to the company.

Regulation / Clause Description
Regulation 15(2)(b) Basis for exemption for SME listings
Regulation 23(9) Disclosure of Related Party Transactions
Regulations 17-27 Corporate Governance provisions
Regulation 46 General Obligations
Schedule V (Para C, D, E) Corporate Governance requirements

The filing, dated May 28, 2026, was submitted by Jigyasha Jain, Company Secretary and Compliance Officer, requesting the exchange to place the information on record.

Historical Stock Returns for AccelerateBS

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%-12.45%+4.95%+98.58%+41.77%+94.82%

How might the lack of mandatory related party transaction disclosures affect investor confidence in AccelerateBS India Limited?

Could this exemption lead to increased scrutiny from SEBI regarding corporate governance practices in SME-listed companies?

What potential risks do shareholders face given the exemption from multiple corporate governance regulations?

More News on AccelerateBS

1 Year Returns:+41.77%