Outcome of Board Meeting
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Accedere Limited reported strong financial performance for FY2026. Standalone revenue grew 13.8% to Rs 414.40 Lakhs from Rs 364.18 Lakhs. More significantly, PAT surged over 216% to Rs 80.43 Lakhs from Rs 25.40 Lakhs in the prior year. PBT more than doubled to Rs 98.61 Lakhs from Rs 47.03 Lakhs. EPS improved substantially from Rs 0.56 to Rs 1.76. On a consolidated basis, PAT after minority interest stood at Rs 62.78 Lakhs versus Rs 19.84 Lakhs (216% growth). The subsidiary Freebird Aerospace reported a net loss of Rs 14.85 Lakhs. The company had positive operating cash flows of Rs 88.07 Lakhs standalone. Borrowings increased to Rs 55.67 Lakhs short-term and Rs 25 Lakhs long-term. No exceptional items were reported.
The company delivered exceptional profit growth exceeding 200%, which should be viewed positively by shareholders. Clean audit opinions with no qualifications suggest strong financial controls. However, the subsidiary loss and increased borrowings warrant monitoring.