Accord Tran. & Swit.

Accord Transformer & Switchgear received three domestic supply orders totalling ₹4.85 crore excluding GST. The largest was a ₹4.55 crore order from Inergy Infra Private Limited for fifteen 3600kVA transformers, with ten units due by December 2026 and five before March 2027. The balance comprised a ₹15 lakh 500kVA transformer for Plast Alloys India and a ₹15.1 lakh 200kVA compact substation for a private construction company, both for delivery within four to five weeks. The company reported revenue of ₹70.07 crore in FY26, with transformers accounting for about 80% of sales. Its order book stood at ₹173 crore at 30 September after H1 orders of about ₹77 crore across solar, wind and other segments. Recent awards have ranged from routine lots of ₹0.23 crore to ₹2 crore to mid-size lots including a ₹4.48 crore Good Earth order and a ₹4.14 crore intake on 2 November.

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Accord Transformer & Switchgear received four domestic purchase orders totaling Rs 4.14 crore excluding goods and services tax. The largest was a Rs 2.65 crore order from Megha Engineering & Infrastructures for six 1600 kVA packaged substations for electric vehicle charging stations in Maharashtra, for execution by 31 December 2026. The remainder comprised a Rs 96 lakh order from Integrum Energy Infrastructure for two 6 MVA inverter-duty transformers, a Rs 28.5 lakh distribution transformer order from a private construction company and a Rs 23.8 lakh transformer order from a private electrical company. It followed a Rs 9.69 crore tax-inclusive order from Megha Engineering in early September for 17 electric vehicle charging transformers. The company's routine orders ranged between Rs 0.23 crore and Rs 2 crore, with a Rs 4.48 crore Good Earth Renewable lot in September and an order book of Rs 173 crore at 30 September. Revenue was Rs 70.07 crore in the year to March; transformers accounted for about 80% of sales.

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Accord Transformer & Switchgear reported revenue of ₹52.68 crore for the first half of FY27, up 90.07% from a year earlier, with an order book of ₹173 crore at 30 September and about ₹77 crore of orders received during the half across solar, wind and other transformer segments. Orders for Aditya Birla projects totalled ₹37 crore excluding GST for 119 transformers with execution in four to five months, alongside a ₹0.51 crore order from Sterling and Wilson Renewable Energy for auxiliary dry-type and power transformers. The company received vendor approvals from Aditya Birla Renewables, UGVCL, Sterling and Wilson Renewable Energy, Megha Engineering & Infrastructures, BLUPINE and SMCC Construction India, completed the 17.6 MVA type test at CPRI and secured a five-year UGVCL approval for 500 kVA distribution transformers. It acquired 20,300 square metres of land at Khairthal-Tijara in Rajasthan for ₹8.85 crore with additional expenses of ₹1.82 crore for manufacturing, warehousing and testing facilities. September orders included a ₹20.02 crore wind LOA for 57 transformers for Bhuj projects and a ₹8.64 crore pair of orders, while routine orders clustered between ₹0.24 crore and ₹2 crore. Revenue was ₹70.07 crore in the year to March, with transformers at about 80%, and cash and bank balances stood at ₹22.33 crore.

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Accord Transformer & Switchgear secured two domestic purchase orders totalling Rs 8.64 crore excluding GST, including an Rs 8.39 crore order for 22 transformers from a private-sector electrical company and a Rs 24.5 lakh order for a 2.2 MVA inverter-duty transformer from Good Earth Renewable Services. The larger 22-unit order carried a one-month execution timeline, while the single inverter-duty unit was scheduled for delivery in two to three months. Transformers contributed about Rs 58 crore of the company's Rs 70.07 crore revenue in the year to March, with packaged and compact substations contributing about Rs 8 crore. The company had won a Rs 20.02 crore order for 57 wind-turbine transformers for Bhuj projects and a Rs 4.48 crore inverter-duty order from Good Earth Renewable earlier in September. Revenue in the year to March was Rs 70.07 crore against Rs 79.02 crore a year earlier, with EBITDA of Rs 7.31 crore.

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Accord Transformer & Switchgear secured a letter of award worth Rs 20.02 crore excluding GST, plus 18% GST, for supply of 57 wind turbine transformers of 3.6 and 5.5 MVA ratings for wind projects at Bhuj-1 and Bhuj-2 in Gujarat linked to Aditya Birla Renewables. The award came from a domestic private-sector engineering, procurement and construction company whose name was withheld for privacy reasons, with execution due within four to five months. The company's routine transformer orders clustered between Rs 0.4 crore and Rs 2 crore, with a basic order of Rs 8.21 crore from Megha Engineering for EV-charging transformers and a Rs 4.48 crore inverter-duty order from Good Earth Renewable among the larger recent awards. Transformers accounted for about 80% of its Rs 70.07 crore revenue from operations in FY26, with packaged substations and compact substations contributing about Rs 8 crore. The manufacturing facilities were operating at about 75-80% utilisation under the June 2026 operational outline.

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Accord Transformer & Switchgear secured three domestic transformer supply orders with a combined value of Rs 5.27 crore excluding GST between 14 September and 23 September 2026. The largest comprised 17 inverter-duty transformers worth Rs 4.48 crore from Good Earth Renewable Services, for execution within two to three months. The balance comprised a Rs 39.6 lakh 2500 kVA copper-wound oil transformer for Karan Power System and two transformers worth Rs 40 lakh for Global Energy Corporation, due within four to six weeks. Routine transformer orders at the company clustered between Rs 1 crore and Rs 2 crore, against a Rs 9.69 crore including GST order from Megha Engineering in early September as the largest recent award. Transformers accounted for about 80 percent of revenue of Rs 70.07 crore in the year to March 2026. The company manufactured transformers and compact substations at its Bhiwadi factories and listed on the BSE SME platform in March 2026 following a Rs 25.59 crore initial public offer.

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Sept 23 (Reuters) - Accord Transformer & Switchgear Ltd ACCM.BO:

• ACCORD TRANSFORMER & SWITCHGEAR - SECURES LETTER OF AWARD FOR 200.2 MILLION RUPEES

• ACCORD TRANSFORMER & SWITCHGEAR - ORDER FOR SUPPLY OF WIND TURBINE TRANSFORMERS

Source text: ID:nBSE5tk9rx

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Accord Transformer & Switchgear secured two domestic purchase orders worth a combined ₹1.92 crore excluding GST from Ultra Mega Power Private Limited and Ventora Energy Private Limited. The ₹1.43 crore Ultra Mega Power order covered a 1,000 kVA 22/0.690 kV copper-wound oil transformer with execution due within three months. The ₹49.29 lakh Ventora Energy order covered a 1,000 kVA 33/0.690 kV copper-wound oil transformer with execution due within two months. The company reported FY26 revenue of ₹70.07 crore, with transformers contributing about 80% of operating revenue.

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Accord Transformer & Switchgear's board approved and recommended reallocating ₹7 crore of its IPO proceeds from machinery and equipment to construction of a building and civil structure and expansion of plant capacity, subject to a shareholder special resolution. The proposal was included in the notice for the company's 12th annual general meeting, scheduled for September 26, 2026, via video conference. The board also recommended an ESOP covering up to 5 lakh options and the reappointment of promoter and whole-time director Shalini Singh. The March 2026 IPO raised ₹25.59 crore, with ₹13.03 crore earmarked for machinery and testing capex, while FY26 revenue was ₹70.07 crore.

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Accord Transformer & Switchgear’s board approved a proposal to reallocate ₹7 crore of IPO proceeds from machinery and equipment to construction of civil structures and expansion of plant capacity, subject to a special resolution at the September 26 AGM. It also recommended the reappointment of Whole-time Director Shalini Singh and approved an employee stock-option plan covering up to five lakh options, both subject to shareholder approval. The company reported FY26 revenue of ₹70.07 crore, and its IPO objects included ₹13.03 crore for machinery and testing capex. Transformers accounted for about 80% of FY26 revenue, with stated expansion into higher-voltage EHV products.

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Aug 3 (Reuters) - Accord Transformer & Switchgear Ltd ACCM.BO:

• RECEIVES 5.1 MILLION RUPEES TRANSFORMER SUPPLY ORDER

Source text: ID:nnAZN4TBHLU

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July 6 (Reuters) - Accord Transformer & Switchgear Ltd ACCM.BO:

• ACCORD TRANSFORMER & SWITCHGEAR - RECEIVES VENDOR APPROVAL FROM ADITYA BIRLA RENEWABLES

Source text: ID:nBSE3TWL0K

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Accord Transformer & Switchgear Limited has acquired a 20,300-square-metre land parcel in Village Shekhpur Aheer, Khairthal-Tijara, Rajasthan, for ₹8.85 crores. The company spent an additional ₹1.82 crores on stamp duty and commission, taking the total outlay to about ₹10.67 crores. The land will support the company's long-term strategic growth, including expansion of manufacturing facilities, warehousing, and testing infrastructure, subject to necessary statutory approvals. The sale deed is expected to be executed by July 7, 2026, and the transaction is not a related-party deal.

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July 3 (Reuters) - Accord Transformer & Switchgear Ltd ACCM.BO:

• ACCORD TRANSFORMER SWITCHGEAR - BUYS LAND FOR 88.5 MILLION RUPEES, WITH ADDITIONAL EXPENSES OF 18.2 MILLION RUPEES

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Accord Transformer & Switchgear Limited informed the exchange that it has received a domestic purchase order worth ₹19.97 crores for the supply of 3.6 MVA wind turbine transformers. The order is from a leading private-sector EPC company whose name is withheld for confidentiality reasons, and the transformers are destined for a wind project at Gadag-1 in Karnataka. The company stated that the project is tentatively scheduled for completion within five months. Accord described the contract as routine and in the normal course of business, adding that it does not alter its business model, risk profile, or financial position beyond what has already been disclosed.

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June 29 (Reuters) - Accord Transformer & Switchgear Ltd ACCM.BO:

• ACCORD TRANSFORMER SWITCHGEAR - RECEIVES PURCHASE ORDER WORTH 199.8 MILLION RUPEES

Source text: [ID:]

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June 11 (Reuters) - Accord Transformer & Switchgear Ltd ACCM.BO:

• ACCORD TRANSFORMER SWITCHGEAR LTD - GETS ORDER WORTH 10.3 MILLION RUPEES

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April 9 (Reuters) - Accord Transformer & Switchgear Ltd ACCM.BO:

• ACCORD TRANSFORMER & SWITCHGEAR LTD- GETS ORDER WORTH 84 MILLION RUPEES

Source text: ID:nnAZN4SPW49

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April 8 (Reuters) - Accord Transformer & Switchgear Ltd ACCM.BO:

• ACCORD TRANSFORMER & SWITCHGEAR LTD - RECEIVES SIGNIFICANT ORDER FROM LEADING HOSPITAL COMPANY IN GURUGRAM FOR TRANSFORMERS

• ACCORD TRANSFORMER & SWITCHGEAR LTD- ORDER FOR 2.3 MILLION RUPEES

Source text: ID:nBSE5C6YBY

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March 25 (Reuters) - Accord Transformer & Switchgear Ltd ACCM.BO:

• ACCORD TRANSFORMER & SWITCHGEAR LTD - SIGNS MOU WITH MOSCOW FOR INTERNATIONAL COLLABORATION

Source text: ID:nBSE5smwM6

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March 10 (Reuters) - Accord Transformer & Switchgear Ltd ACCM.BO:

• RECEIVES SIGNIFICANT ORDER FOR SUPPLY OF TRANSFORMERS

Source text: ID:nBSEQXRcz

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