Business Overview
Accord Transformer & Switchgear Limited is a manufacturer of power and distribution equipment with manufacturing operations based in Bhiwadi, Rajasthan. The company offers a diversified portfolio including transformers, switchgear panels, compact substations, busducts, cable trays, and EV charging infrastructure solutions. The company provides end-to-end solutions encompassing design, engineering, manufacturing, supply, installation, and commissioning, serving power transmission & distribution, renewable energy, industrial, infrastructure, and electric mobility sectors.
Key Operational Metrics (Q1 FY27)
- Order Book: ₹159 Crore as on July 22, 2026
- Manufacturing Facilities: 2 manufacturing units
- Installed Manufacturing Capacity: 1,200+ MVA
- Company Experience: 12+ years
- Clients Served: 1,000+
- Product Segments: 5+
- Geographical Presence: Pan India & Global (Middle East, USA, Africa & Asia)
Recent Business Developments
- Strengthened product portfolio through partnerships with Schneider Electric and Lucy Electric for switchgear and compact substation solutions
- Added Aditya Birla Renewables and UGVCL to approved vendor list, expanding opportunities in renewable energy and utility sectors
- Successfully completed CPRI Dynamic Short Circuit Test for 17.6 MVA Inverter Duty Transformer, validating product performance and reliability
- Signed MoU with Western Administrative District of Moscow to explore international business opportunities
- Continued development of new 5,000 MVA transformer manufacturing facility to support future growth
- Acquired 20,300 sq. meters of land for future expansion
Strategic Business Developments
- Received vendor approval from PGCIL, enabling participation in power transmission projects across India
- Successfully listed on BSE SME Platform, strengthening capital market presence
- Continued supplying transformers and switchgear solutions for NHEV fast-charging infrastructure, supporting India's EV ecosystem
- Focused on expanding customer base and strengthening position in power infrastructure and renewable energy sectors
Manufacturing Facilities
- Factory 1: Plot No. H1-39 (F1 & F2), RIICO Industrial Area, Khuskhera, Bhiwadi, Distt. Alwar, Rajasthan - 301707 (INDIA)
- Factory 2: Plot No. E-11 (E82), RIICO Industrial Area, Khuskhera, Bhiwadi, Distt. Alwar, Rajasthan - 301707 (INDIA)
Disclaimer and Notes
The document contains forward-looking statements subject to risks and uncertainties including government actions, local/political/economic developments, technological risks, and other factors. The figures mentioned are management estimates and subject to final audit adjustments. The company undertakes no obligation to publicly update these forward-looking statements.