Key Metrics 
Check Before You Invest 
10 Yrs X-Ray 
Profit & Loss 
Valuation 
Analyst Note 
Balance Sheet 
Cash Flow 
Financial Ratio 
Qtr. Results 
News 
About
Accord Transformer & Switchgear Ltd (544710)
Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 544710 NSE: Electric Equipment | Small Cap | Accord Tran. & Swit. Share Price
₹55.10 -1.70 (-2.99%)
As on 07-Jul'26 16:59
Accord Transformer & Switchgear Ltd (544710)
Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 544710 NSE: Electric Equipment | Small Cap | Accord Tran. & Swit. Share Price
₹55.10 -1.70 (-2.99%)
As on 07-Jul'26 16:59
Key Metrics
Valuation Multiples
Market Cap
₹117 Cr.
Current Price
₹55.1
52-Week Low / High
₹45 / 80
TTM EPS
₹2.2
TTM Sales
₹70.1 Cr.
Book Value per Share
₹30.1
P/E Ratio
25.95
Higher than its 5-year historical median
Industry PE
54.6
Price to Book (P/B)
1.89
In line with its 5-year historical median
Price to Sales (P/S)
1.67
In line with its 5-year historical median
EV/EBITDA
17.61
Higher than its 5-year historical median
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
43.90%
Outperforms industry median
Return on Capital Employed (ROCE)
36.47%
Outperforms industry median
Return on Assets (ROA)
14.02%
Operating Profit Margin
11.6%
Net Profit Margin
7.66%
Gross Profit Margin
10.9%
Growth Momentum
1-yr vs 3-yr growth
1-yr vs 3-yr growth
Sales Growth (1 Year)
-
62.79%
Operating Profit Growth (1 Year)
-
233.82%
Net Profit Growth (1 Year)
-
275.78%
Asset Quality
Promoter Holding
61.97%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹41 Cr.
Equity
₹20.6 Cr.
Face Value
₹10
All Time Low / High
₹45.00 / 80.01
Check Before You Invest
Quality
Locked
Login to view analysis.
Valuation
Locked
Login to view analysis.
Price Trend
Locked
Login to view analysis.
Is Accord Transformer & Switchgear Ltd a good quality company?
Accord Transformer & Switchgear Ltd is a weak quality company, based on a inconsistent multi-year financial track record.
This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.
We have analysed the performance of the company on the following:
-
How has it performed on generating Profits?
By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.
-
How efficiently has it utilized Capital?
By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.
-
How is it managing its Debt?
By checking its Debt to Equity and Cash Flow from Operations.
How does Accord Transformer & Switchgear Ltd performance compare with that of its Peers?
Revenue growth of Accord Transformer & Switchgear Ltd vs industry peers?
Accord Transformer & Switchgear Ltd revenue CAGR is 0.00%, compared to the industry median CAGR of 24.05%, indicating slower growth and losing its market share.
Promoter shareholding and pledge status of Accord Transformer & Switchgear Ltd?
Promoters hold 61.97% of the Accord Transformer & Switchgear Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Stock return of Accord Transformer & Switchgear Ltd over the last decade?
Over the last - year(s), the stock has delivered a CAGR of N/A% based on the current price.
10 Year X-Ray : Login to view analysis.
Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year endData adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
What is a Financial Track Record? How to read this chart in order to understand the data present here?
Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Accord Transformer & Switchgear Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good
Value Creation ⓘ
| Mar'23 | Mar'24 | Mar'25 | TTM | |
|---|---|---|---|---|
| ROCE % ⓘ | 22.9% | 23.9% | 36.5% | - |
| Value Creation Index ⓘ | 0.6 | 0.7 | 1.6 | - |
Growth Parameters ⓘ |
||||
| Sales ⓘ | 40.8 | 48.5 | 79 | 70 |
| Sales YoY Gr. | - | 19% | 62.8% | - |
| Adj EPS ⓘ | 0.7 | 1.3 | 4.1 | 2.2 |
| YoY Gr. | - | 82.6% | 223.8% | - |
| BVPS (₹) ⓘ | 3.5 | 4.7 | 14.4 | 30.1 |
| Adj Net Profit ⓘ | 0.9 | 1.6 | 6.1 | 5 |
| Cash Flow from Ops. ⓘ | 2 | -4.8 | -8.8 | - |
| Debt/CF from Ops. ⓘ | 1.1 | -1.9 | -1.3 | - |
CAGR ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | NA | NA | NA | 62.8% | ||||
| Adj EPS ⓘ | NA | NA | NA | 223.8% | ||||
| BVPSⓘ | NA | NA | NA | 202.7% | ||||
| Share Price | - | - | - | - | ||||
Key Financial Parameters ⓘ
| Mar'23 | Mar'24 | Mar'25 | TTM | |
|---|---|---|---|---|
| Return on Equity % ⓘ | 19.9 | 30.7 | 44.4 | 9.9 |
| Op. Profit Mgn % ⓘ | 4.1 | 5.6 | 11.6 | NAN |
| Net Profit Mgn % ⓘ | 2.2 | 3.3 | 7.8 | 6.4 |
| Debt to Equity ⓘ | 0.5 | 1.5 | 0.6 | - |
| Working Cap Days ⓘ | 0 | 124 | 167 | 0 |
| Cash Conv. Cycle ⓘ | 0 | 42 | 86 | 0 |
Profit And Loss
(All Figures are in Crores.)| PARTICULARS | Mar'23 | Mar'24 | Mar'25 |
|---|---|---|---|
| Sales | 41 | 49 | 79 |
| Operating Expenses ⓘ + | 39 | 46 | 70 |
| Operating Profit ⓘ | 2 | 3 | 9 |
| Operating Profit Margin (%) | 4.0% | 5.6% | 11.5% |
| Other Income ⓘ + | 0 | 0 | 0 |
| Interest ⓘ | 0 | 0 | 1 |
| Depreciation ⓘ | 0 | 0 | 0 |
| Profit Before Tax ⓘ | 1 | 2 | 8 |
| Tax ⓘ | 0 | 1 | 2 |
| Profit After Tax | 1 | 2 | 6 |
| PAT Margin (%) | 2.1% | 3.3% | 7.7% |
| Adjusted EPS (₹) | 0.7 | 1.3 | 4.0 |
| Dividend Payout Ratio (%) | 0% | 0% | 0% |
Valuation of Accord Tran. & Swit. - Standalone
Analyst's Notes
No data found!
Balance Sheet
(All Figures are in Crores.)| PARTICULARS | Mar'23 | Mar'24 | Mar'25 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | |||||||||||
| Shareholders Fund + | 4 | 6 | 22 | ||||||||
| Debt + | 2 | 9 | 12 | ||||||||
| Minority Interest | 0 | 0 | 0 | ||||||||
| Trade Payables | 6 | 8 | 15 | ||||||||
| Others Liabilities ⓘ | 3 | 3 | 12 | ||||||||
| Total Liabilities ⓘ | 16 | 26 | 60 | ||||||||
Fixed Assets | |||||||||||
| Net Fixed Assets ⓘ + | 3 | 3 | 7 | ||||||||
| CWIP ⓘ | 0 | 2 | 0 | ||||||||
| Investments ⓘ | 0 | 0 | 0 | ||||||||
| Inventories | 5 | 11 | 18 | ||||||||
| Trade Receivables | 4 | 7 | 29 | ||||||||
| Cash Equivalents | 1 | 1 | 1 | ||||||||
| Others Assets ⓘ | 3 | 4 | 5 | ||||||||
| Total Assets ⓘ | 16 | 26 | 60 | ||||||||
Cash Flow
(All Figures are in Crores.)| PARTICULARS | Mar'23 | Mar'24 | Mar'25 |
|---|---|---|---|
| Cash Flow From Operating Activity ⓘ + | 2 | -5 | -9 |
| Cash Flow From Investing Activity ⓘ + | -0 | -2 | -3 |
| Cash Flow From Financing Activity ⓘ + | -1 | 6 | 11 |
| Net Cash Flow ⓘ | 1 | -1 | -0 |
Financial Ratio
| PARTICULARS | Mar'23 | Mar'24 | Mar'25 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | 19.73 | 30.69 | 43.9 | |||||||
| ROCE (%) | 22.86 | 23.93 | 36.47 | |||||||
| Asset Turnover Ratio | 2.58 | 2.3 | 1.83 | |||||||
| PAT to CFO Conversion(x) | 2 | -2.5 | -1.5 | |||||||
| Working Capital Days | ||||||||||
| Receivable Days | 32.40 | 39.20 | 81.60 | |||||||
| Inventory Days | 49.10 | 60.60 | 66.30 | |||||||
| Payable Days | 66.70 | 67.30 | 70.30 | |||||||
Management X-Ray
Shareholding Pattern
Promoter's Holding & Share Pledging
| Pledged * | 0.00 | 0.00 | 0.00 |
* Pledged shares as % of Promoter's holding (%)
Top 5 Mutual Funds Holding
Last Visited Stocks
Announcements
Accord Transformer & Switchgear Ltd FAQs
The current trading price of Accord Tran. & Swit. on 07-Jul-2026 16:59 is ₹55.10.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 06-Jul-2026 the market cap of Accord Tran. & Swit. stood at ₹116.9 Cr
The latest P/E ratio of Accord Tran. & Swit. as of 06-Jul-2026 is 25.95.
The latest P/B ratio of Accord Tran. & Swit. as of 06-Jul-2026 is 1.89.
The 52-week high of Accord Tran. & Swit. is ₹80.01 and the 52-week low is ₹45.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Accord Tran. & Swit. is ₹70.07 ( Cr.) .
Past 10 year’s financial track record analysis by Moneyworks4me indicates that Accord Transformer & Switchgear Ltd is a below average quality company.
The key valuation ratios of Accord Transformer & Switchgear Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Accord Transformer & Switchgear Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
About Accord Transformer & Switchgear Ltd
Accord Transformer & Switchgear was originally incorporated as ‘Accord Transformer & Switchgear Private Limited’ as a private limited company under the provisions of the Companies Act, 2013 with a Certificate of Incorporation dated June 20, 2014, issued by the Registrar of Companies, Delhi. The company was converted from a private limited company to a public limited company pursuant to a special resolution passed in the Extraordinary General Meeting of the company on October 22, 2024, and the name of the company was changed from ‘Accord Transformer & Switchgear Private Limited’ to ‘Accord Transformer & Switchgear Limited’. A fresh Certificate of Incorporation was issued to the company by the Central Processing Centre, Manesar, on December 4, 2024.
The company is engaged in the design, engineering, manufacturing, and supply of a diversified range of electrical power and distribution transformers, and related equipment. It caters to both standard and customised requirements of clients in the power transmission and distribution sector, renewable energy, industrial applications, infrastructure projects, and electric vehicle (EV) charging networks.
With expertise in the design, manufacture, testing, and deployment of critical power systems, the company offers a comprehensive product portfolio that includes distribution transformers, power transformers, dry-type transformers, package substations, special-purpose transformers, low-voltage (LV) control panels, medium-voltage (MV) and vacuum circuit breaker (VCB) panels, as well as busducts, cable trays, and associated switchgear assemblies.
Business area of the company
Accord Transformer & Switchgear is engaged in the business of manufacture of wide range of Transformers & other electrical & customised power products and after sales support with multiple locations of marketing and service centres. With expertise in the design, manufacture, testing, and deployment of critical power systems, the company offers a comprehensive product portfolio that includes distribution transformers, power transformers, dry-type transformers, package substations, special-purpose transformers, LV control panels, MV and VCB panels, as well as busducts, cable trays, and associated switchgear assemblies
Products of the company
- Distribution transformers
- Power transformers
- LT transformers
- Dry-type transformers
- Special-purpose transformers
- Package substation
- LV control panels
- MV/VCB panels
- Busducts & cable trays
History and milestones
- 2014: Incorporation of the company.
- 2020: Received Times SME ICON award for Transformer, PSS & Control Panel.
- 2022: Received Platinum Business Award from Dainik Jagran in the Transformer and Switchgear Category.
- 2022: Received MSME Leadership Award.
- 2024: Conversion of the Company from Private Limited to Public Limited Company.
- 2024: Received International Industry Ratna Award.
- 2024: Received Jagaran Achievers Award for excellence in Electrical and Power Equipment Manufacturing.
- 2024: Received Company Excellence Award from EV Charge India for Best Grid Infrastructure Solution for EV Charging Stations (Transformers).
- 2025: Partnership with Schneider Electric to sell for PrismaSet International system.
- 2025: Partnership with Lucy Electric for sale of Compact Substations (CSS).
To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now
