12th Annual Report of Accord Transformer & Switchgear limited FY 2025-26

FY26 results: Standalone: Revenue 70.1bn -11.3% y-y (79.0bn) EBITDA 7.23bn -21.9% y-y (9.25bn) EBITDA margin 10.3% (11.7%) -140 bps y-y PAT 4.50bn -24.2% y-y (5.94bn) - Revenue declined due to market conditions; focus on operational efficiency - Completed IPO and listed on BSE SME Platform in Mar 2026 - Acquired 20,300 sq.m. land for manufacturing expansion in Rajasthan - Received vendor approvals from UGVCL and Aditya Birla Renewables - Signed MoU with Moscow Western Administrative District for energy collaboration - Successfully completed Dynamic Short Circuit Test at CPRI - No dividend declared to conserve profits for growth - Board recommends reappointment of Whole-Time Director Shalini Singh - Proposed reallocation of ₹700 lakhs IPO proceeds to plant expansion construction - Approved Employee Stock Option Plan (ESOP) for up to 5 lakh shares