Accord Transformer & Switchgear Ltd

Accord Transformer & Switchgear Ltd

₹ 46.7 1.57%
18 Mar - close price
About

Incorporated in 2014, Accord Transformer & Switchgear Ltd., is an established company engaged in the design, engineering, manufacturing, and supply of a diversified range of electrical power and distribution equipment.[1]

Key Points

Business Profile[1]
The company designs, engineers, manufactures, and supplies transformers, substations, switchgear, EV charging systems, and power equipment, serving utilities, renewable energy, industrial, infrastructure, commercial, residential, and EV charging segments.

  • Market Cap 96.1 Cr.
  • Current Price 46.7
  • High / Low 54.9 / 45.0
  • Stock P/E 15.7
  • Book Value
  • Dividend Yield 0.00 %
  • ROCE 36.8 %
  • ROE 44.4 %
  • Face Value 10.0

Pros

  • Company has a good return on equity (ROE) track record: 3 Years ROE 37.4%

Cons

  • Company might be capitalizing the interest cost
  • Debtor days have increased from 71.7 to 132 days.
  • Working capital days have increased from 25.8 days to 65.3 days

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Figures in Rs. Crores

Operating Profit
OPM %
Interest
Depreciation
Profit before tax
Tax %
EPS in Rs
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
18.38 34.44 40.78 48.54 79.02
17.10 33.32 39.13 45.82 69.86
Operating Profit 1.28 1.12 1.65 2.72 9.16
OPM % 6.96% 3.25% 4.05% 5.60% 11.59%
0.01 0.11 0.02 0.06 0.09
Interest 0.12 0.35 0.32 0.48 0.67
Depreciation 0.13 0.14 0.13 0.16 0.40
Profit before tax 1.04 0.74 1.22 2.14 8.18
Tax % 25.00% 39.19% 27.87% 24.77% 25.92%
0.78 0.45 0.87 1.61 6.05
EPS in Rs 31.20 18.00 34.80 64.40 205.57
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 32%
TTM: 63%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 139%
TTM: 280%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: 33%
3 Years: 37%
Last Year: 44%

Balance Sheet

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 0.25 0.25 0.25 0.25 0.29
Reserves 2.92 3.37 4.18 5.79 21.25
3.44 3.13 2.30 9.14 11.81
7.89 8.22 9.09 11.29 26.54
Total Liabilities 14.50 14.97 15.82 26.47 59.89
2.77 2.69 2.67 3.10 7.07
CWIP 0.00 0.00 0.00 1.75 0.04
Investments 0.00 0.00 0.00 0.00 0.00
11.73 12.28 13.15 21.62 52.78
Total Assets 14.50 14.97 15.82 26.47 59.89

Cash Flows

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
2.01 -4.82 -8.80
-0.11 -2.31 -2.69
-1.15 6.36 11.46
Net Cash Flow 0.75 -0.78 -0.02

Ratios

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 99.69 67.72 32.40 51.13 131.69
Inventory Days 124.11 57.21 57.50 98.63 109.29
Days Payable 139.75 65.35 66.72 75.62 91.34
Cash Conversion Cycle 84.05 59.58 23.18 74.14 149.64
Working Capital Days 46.07 32.64 7.16 5.04 65.27
ROCE % 16.32% 23.00% 23.92% 36.84%

Shareholding Pattern

Numbers in percentages

5 Recently
Mar 2026
61.97%
1.85%
6.91%
3.53%
25.73%
No. of Shareholders 530

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents