Accord Transformer & Switchgear Limited will participate in the Arihant Capital Bharat Connect virtual conference on Friday, September 25, 2026. The session is scheduled from 11:00 am to 12:00 pm.

The company disclosed this participation pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing was submitted to BSE Limited on September 10, 2026.

Conference Details

The event is organized by Arihant Capital as part of its Rising Star 2026 series. Management will engage in both group and one-to-one meetings with investors and analysts during the hour-long slot.

Disclosure Standards

The company stated that discussions will be based on generally available information. No Unpublished Price Sensitive Information (UPSI) will be shared, in compliance with the company's Code of Practices for Fair Disclosure.

Pradeep Kumar Verma, Chairman & Managing Director, signed the intimation letter issued from the registered office in Manesar, Haryana.

Accord Transformer & Switchgear Limited reported a 24% decline in profit after tax (PAT) for FY26, dropping to ₹450.43 lakh from ₹594.37 lakh in the previous year. The decline followed a contraction in revenue from operations to ₹7,006.92 lakh from ₹7,902.25 lakh.

The company’s board of directors approved the reallocation of ₹700 lakh from its initial public offer (IPO) proceeds towards plant capacity expansion and civil structure construction. The funds are being shifted from the original object of capital expenditure towards the purchase of machinery and equipment.

Financial Performance

Revenue from operations fell to ₹7,006.92 lakh in FY26 compared to ₹7,902.25 lakh in FY25. Total income decreased to ₹7,035.71 lakh from ₹7,919.19 lakh. EBITDA stood at ₹723.39 lakh, down from ₹925.31 lakh, with the margin contracting to 10.39% from 11.68%. Profit before tax declined to ₹605.75 lakh from ₹798.05 lakh.

Corporate Actions

The board recommended the implementation of the "ATSL ESOP 2026" scheme, proposing the grant of up to 5,00,000 employee stock options to eligible staff members. Each option is convertible into one equity share with a face value of ₹10. This recommendation requires member approval via special resolution at the upcoming annual general meeting (AGM).

Additionally, the board recommended the re-appointment of Mrs. Shalini Singh as Whole Time Director. She retires by rotation and has offered herself for re-appointment.

AGM Details

The company scheduled its 12th AGM for September 26, 2026, at 1:30 pm. The meeting will be conducted through Video Conferencing or Other Audio-Visual Means (OAVM). Central Depository Services (India) Limited (CDSL) has been appointed as the remote e-voting agency.

What the Numbers Show

The moderation in profitability coincides with a significant improvement in liquidity metrics. The current ratio improved to 2.23 times from 1.41 times in FY25, primarily due to an increase in current assets, particularly trade receivables and cash balances. Simultaneously, the debt-equity ratio contracted sharply to 0.18 times from 0.55 times, reflecting the repayment of borrowings and strengthening of net worth through retained earnings and IPO proceeds.