Accord Transformer & Switchgear reports ₹159 crore order book in Q1FY27 update
Accord Transformer & Switchgear reported a ₹159 crore order book as of July 22, 2026. The Q1 FY27 update highlights vendor approvals from PGCIL and Aditya Birla Renewables, partnerships with Schneider Electric, and plans for a new 5,000 MVA manufacturing facility.
*this image is generated using AI for illustrative purposes only.
accord transformer & switchgear reported an order book of ₹159 crore as of July 22, 2026, highlighting sustained demand for its power transmission and distribution equipment. In its Q1 FY27 business update released on July 27, 2026, the company detailed strategic progress including new vendor approvals, international expansion initiatives, and capacity enhancement plans aimed at supporting India’s growing renewable energy and electric mobility sectors.
The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Pradeep Kumar Verma, Chairman and Managing Director, signed the intimation submitted to BSE Limited. The company serves over 1,000 clients across pan-India and global markets, leveraging 12+ years of experience in manufacturing transformers, switchgear panels, compact substations, busducts, cable trays, and EV charging infrastructure.
Key Operational Metrics
The company operates two manufacturing units in Bhiwadi, Rajasthan, with an installed capacity of 1,200+ MVA. The following table outlines key operational data points disclosed in the update:
| Metric | Details |
|---|---|
| Order Book | ₹159 Crore (As on 22 July 2026) |
| Manufacturing Facilities | 2 Units |
| Installed Capacity | 1,200+ MVA |
| Clients Served | 1,000+ |
| Product Segments | 5+ |
| Geographical Presence | Pan India & Global |
Strategic Developments
Accord Transformer & Switchgear strengthened its market position through several key partnerships and approvals. The company added Aditya Birla Renewables and UGVCL to its approved vendor list, expanding opportunities in the renewable energy and utility sectors. Additionally, it received vendor approval from PGCIL, enabling participation in power transmission projects across India.
Technological collaborations were deepened through partnerships with Schneider Electric and Lucy Electric for switchgear and compact substation solutions. The company also successfully completed the CPRI Dynamic Short Circuit Test for its 17.6 MVA Inverter Duty Transformer, validating product performance and reliability.
Expansion and International Outlook
Looking ahead, Accord Transformer & Switchgear is developing a new 5,000 MVA transformer manufacturing facility to support future growth. This initiative is supported by the acquisition of 20,300 sq. meters of land for further expansion. On the international front, the company signed an MoU with the Western Administrative District of Moscow to explore business opportunities abroad.
What the Numbers Show
The ₹159 crore order book against a current installed capacity of 1,200+ MVA indicates strong near-term utilization potential. With the ongoing development of a significantly larger 5,000 MVA facility, the company appears positioned to scale operations substantially to meet future demand from power infrastructure and renewable energy clients.
Historical Stock Returns for Accord Transformer & Switchgear
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.85% | -0.98% | -1.74% | +2.29% | +2.29% | +2.29% |
What is the projected timeline for the commissioning of the new 5,000 MVA facility, and how will this impact the company's revenue growth trajectory in FY28?
How significant is the expected contribution of international markets, particularly from the Moscow MoU, to the company's total revenue over the next three years?
Will Accord Transformer & Switchgear face supply chain constraints or capital expenditure pressures while scaling from 1,200 MVA to 5,000 MVA capacity?
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