Key Quantitative Figures

Consolidated Financial Results (Quarter Ended September 30, 2026):

  • Revenue from operations: ₹108.24 lakhs (Q2 FY26: ₹98.68 lakhs)
  • Other Income: ₹17.59 lakhs (Q2 FY26: ₹0.10 lakhs)
  • Total Income: ₹125.84 lakhs (Q2 FY26: ₹98.78 lakhs)
  • Employee benefits expense: ₹53.60 lakhs (Q2 FY26: ₹48.80 lakhs)
  • Depreciation and amortization: ₹5.85 lakhs (Q2 FY26: ₹3.38 lakhs)
  • Profit before tax: ₹20.90 lakhs (Q2 FY26: ₹9.05 lakhs)
  • Current Tax: ₹7.18 lakhs (Q2 FY26: ₹2.61 lakhs)
  • Profit for the period: ₹13.73 lakhs (Q2 FY26: ₹6.45 lakhs)
  • Other Comprehensive Income: ₹(7.57) lakhs
  • Total Comprehensive Income: ₹6.16 lakhs
  • Minority Interest: ₹(5.57) lakhs
  • Profit available for shareholders: ₹11.73 lakhs
  • Basic EPS: ₹0.26 (Q2 FY26: ₹0.17)
  • Diluted EPS: ₹0.26 (Q2 FY26: ₹0.17)

Standalone Financial Results (Quarter Ended September 30, 2026):

  • Revenue from operations: ₹108.24 lakhs (Q2 FY26: ₹98.68 lakhs)
  • Other Income: ₹17.59 lakhs (Q2 FY26: ₹0.10 lakhs)
  • Total Income: ₹125.84 lakhs (Q2 FY26: ₹98.78 lakhs)
  • Employee benefits expense: ₹50.49 lakhs (Q2 FY26: ₹48.80 lakhs)
  • Depreciation and amortization: ₹5.12 lakhs (Q2 FY26: ₹2.08 lakhs)
  • Profit before tax: ₹24.74 lakhs (Q2 FY26: ₹10.35 lakhs)
  • Current Tax: ₹6.23 lakhs (Q2 FY26: ₹2.61 lakhs)
  • Profit for the period: ₹18.52 lakhs (Q2 FY26: ₹7.75 lakhs)
  • Other Comprehensive Income: ₹(7.57) lakhs
  • Total Comprehensive Income: ₹10.94 lakhs
  • Basic EPS: ₹0.41 (Q2 FY26: ₹0.17)
  • Diluted EPS: ₹0.41 (Q2 FY26: ₹0.17)

Half-Year Performance (September 30, 2026):

  • Consolidated total income: ₹228.21 lakhs (H1 FY26: ₹174.37 lakhs)
  • Consolidated profit for period: ₹20.41 lakhs (H1 FY26: ₹10.11 lakhs)
  • Standalone total income: ₹228.21 lakhs (H1 FY26: ₹174.37 lakhs)
  • Standalone profit for period: ₹28.01 lakhs (H1 FY26: ₹13.56 lakhs)

Balance Sheet Position (Consolidated as at September 30, 2026):

  • Total Assets: ₹636.13 lakhs (March 31, 2026: ₹623.05 lakhs)
  • Property, Plant and Equipment: ₹289.93 lakhs (March 31, 2026: ₹291.64 lakhs)
  • Other Investments: ₹80.80 lakhs (March 31, 2026: ₹90.03 lakhs)
  • Loans: ₹20.47 lakhs (March 31, 2026: ₹5.14 lakhs)
  • Cash and cash equivalents: ₹104.07 lakhs (March 31, 2026: ₹48.21 lakhs)
  • Trade receivables: ₹25.43 lakhs (March 31, 2026: ₹82.79 lakhs)
  • Total Equity: ₹522.12 lakhs (March 31, 2026: ₹501.92 lakhs)
  • Borrowings: ₹55.14 lakhs (March 31, 2026: ₹84.93 lakhs)

Cash Flow Statement (Consolidated Half-Year Ended September 30, 2026):

  • Net cash from operating activities: ₹108.55 lakhs
  • Net cash used in investing activities: ₹(21.84) lakhs
  • Net cash used in financing activities: ₹(30.85) lakhs
  • Net increase in cash: ₹55.86 lakhs

Dates of Action

  • Board Meeting: November 4, 2026 (commenced at 5:00 PM, concluded at 8:10 PM)
  • Financial Results Period: Quarter and Half Year ended September 30, 2026
  • Review Report Date: November 4, 2026

Parties Involved

  • Board of Directors of Accedere Limited
  • Statutory Auditors: M/s Gupta Raj & Co., Chartered Accountants (Firm No. 001687N)
  • Subsidiary: Free Bird Aerospace Private Limited
  • Company Secretary and Compliance Officer: Neelam Purohit
  • Managing Director: Ashwin Chaudhary
  • Audit Partner: Nikul Jalan (Membership No. 0112353)

Subsidiary Performance

Free Bird Aerospace Private Limited (subsidiary) reported:

  • Total revenues: ₹Nil for quarter ended September 30, 2026
  • Total net loss: ₹7.61 lakhs for quarter ended September 30, 2026
  • Total comprehensive income: ₹Nil for quarter ended September 30, 2026

Auditor Qualifications

The statutory auditors, Gupta Raj & Co., issued a limited review report but explicitly stated: "We did not review the interim financial information of subsidiary, Free Bird Aerospace Private Limited included in the consolidated unaudited financial results." The subsidiary's results were reviewed by other auditors and relied upon by management.

Capital Structure

  • Paid-up Equity Share Capital (face value ₹10 each): ₹457.09 lakhs (unchanged from previous quarter)

Notes and Accounting Policies

  • Results reviewed by Audit Committee and taken on record by the Board
  • Prepared in accordance with Indian Accounting Standards (Ind AS)
  • Figures for quarter are balancing figures between half-year and first quarter results
  • Ind AS 108 - Operating Segment not applicable as company has not carried on more than one activity
  • Previous period figures regrouped/reclassified for comparability