Annual reportSep 2026
Sep 2026 · Updates 7 Sep - Accord Synergy sent FY26 annual report notice; AGM on 30 September 2026, with remote e-voting dates disclosed.
Source: Nse
Accord Synergy Ltd. (ACCORD)
SME CapTelecom stocks · SME cap · NSE
Accord Synergy Ltd. operates in Telecom Services, within the Telecom sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
Data qualityVerify one data layerQuote updated 13 Sept, 04:45 am ISTDetails
Quote13 Sept, 04:45 am IST
Base fundamentals16 Oct 2026 · screener
Latest result05 May, 03:55 am IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags24 Apr 2026
Coverage14/14 · 100%
Valuation2026-07-20 · Rf 6.8% · Telecom P/E 28.1 (n=16)
Technical timing lens
Trend score and candlestick chart
55NeutralSMA20 +133.0% / mo · RSI overbought · MACD − · near 52W high
Stock trend: 55
Sector RS: —
Telecom FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
ACCORDD candles · FIT view+611.1%Latest close ₹188.45 on 2026-09-04
Bar
+0.0%
RSI
71
MACD hist
-2.61
52W pos
88%
2026-09-04O ₹188.45H ₹188.45L ₹188.45C ₹188.45Vol 2,000 sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
ACCORDNifty TelecommunicationsNifty 500
- ACCORD
- +192.9%
- Nifty 500
- +3.4%
- Nifty Telecommunications
- +2.5%
- Vs Nifty 500
- +189.5 pp
Chart stats
4 Sept 2026- From 52W high
- -10.7%
- 52W range position
- 88%
- ATR (14)
- 2.8%
- Volume vs 20D
- 0.10x
- Avg traded value
- ₹0.4 Cr
- 20D price channel
- ₹121 - ₹211
₹211
₹19.9 - ₹211
₹5.2
Latest completed session
20-session average
48.4% annualized volatility
Research snapshot
What the evidence says now
Weak fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend is neutral, and recent execution is weak.
Suggested next step
Check latest quarters
Result consistency is weak; verify whether the thesis is improving or deteriorating.
U-Score
Legacy · OVERVALUED5
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Bad5
Revenue +8.3% · PAT -5.3% YoY
Technical
Neutral55
Price trend and sector-relative-strength timing.
Valuation
Legacy model-679.7%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence66
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 31 Mar 2026
Bad · 5/100PAT -5% YoY · Rev +8% YoY · margin expansion
Filed 31 Mar 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹17.7 Cr | +8.3% | -7.6% |
| EBITDA | ₹0.2 Cr | NDF | -76.1% |
| Operating margin | 1.0% | NDF | -275 bps |
| PAT | ₹0.2 Cr | -5.3% | -84.3% |
| PAT margin | 1.0% | NDF | -499 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 84.80
- P/B
- 4.39
- EV/EBITDA
- 74.45
- Market Cap
- 73.00Cr
Profitability
- ROE
- 6.05%
- ROCE
- 9.25%
- ROA
- 6.89%
- Dividend Y
- —
Growth (CAGR)
- Revenue 5Y
- -1.00%
- EPS 5Y
- -2.00%
- Revenue 3Y
- 22.00%
- EPS 3Y
- -5.00%
Balance Sheet
- Debt/Equity
- 0.05
- Interest Coverage
- 12.57×
- Altman Z
- 9.16
- Book Value
- 42.80
Cash Flow
- FCF Yield
- 1.23%
- FCF Positive Y
- 6/5
- OCF
- -0.41 Cr
- EPS TTM
- 3.83
Shareholding
- Promoter Hold
- 31.99%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 88%
Financial History
Updated 21/10/2026
Revenue
₹ CrLatest: 17.7-7.6% vs prev
Net Profit
₹ CrLatest: 0.2-84.3% vs prev
ROE is shown only in the Annual view — quarterly equity data isn't published.
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Mixed signalsSignals are conflicting — long-term trend unclear. RSI 71. Wait for confirmation.
- SMA20 rising (~57.1% over last month) — short-term momentum positive.
- RSI(14) at 71 — overbought zone; risk of mean reversion.
- MACD below signal, histogram expanding negatively — bearish momentum building.
- 11% off 52W high · 849% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Valuation & peers
U-Score 5 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
Valuation & peers
U-Score 5 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
OVERVALUED
Fundamental score breakdown
U band · OVERVALUEDValuation0/30
Growth0/25
Quality1/20
Balance Sheet8/15
Cash Flow4/10
Piotroski
4/9 (+1)
Penalties
-9
Raw sum
5
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
5/100 · legacy band OVERVALUED
Positive drivers
- Balance sheet contributes 8/15 to the score.
- Cash flow contributes 4/10 to the score.
- Quality contributes 1/20 to the score.
Main drags
- Penalty bucket subtracts 9 points.
- Fair-value margin of safety is negative at -679.7%.
- Valuation is weaker at 0/30; verify the latest quarterly trend.
Sector valuation model
Telecom valuation: EV/EBITDA against ARPU, debt, and capex
Telecom needs enterprise-value and cash-flow framing because leverage is structurally important.
Primary lens
EV/EBITDA and debt-adjusted cash generation.
Secondary checks
ARPU growth, subscriber quality, spectrum liabilities, capex intensity.
Main risk check
High EBITDA can still be weak equity value if debt and capex absorb cash.
PE
84.8
PB
4.4
EV/EBITDA
74.5
ROE
6.0%
ROCE
9.3%
FCF Yield
1.2%
Debt/Equity
0.1
MoS
-679.7%
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 21 Oct 2026
v4.3-runtime-valuation
Final score
5
Previous: 5
Legacy U-Score band
OVERVALUED
Previous: OVERVALUED
Margin of safety
-679.7%
Previous: -679.7%
Score history
12 stored score snapshots. Latest stored move: +0 points.
21 Oct 2026
v4.3-runtime-valuation
5
5
5
5
5
5
5
5
5
5
5
5
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹60.73
-210.3% MoS
Growth-justified P/E
6.3
Growth-justified Value
₹24.17
-679.7% MoS
PEG
—
Comparable companies
Peers
Business-comparable peers in Telecom — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
HPTL
SME
HP Telecom India Ltd.
Telecom Services
match 72
57
19.6
28.9%
+53%
FAIR VALUE
MTNL
Small
Mahanagar Telephone Nigam Limited
Telecom Services
match 69
16
—
—
—
OVERVALUED
RCOM
Small
Reliance Communications Limited
Telecom Services
match 68
25
—
—
—
OVERVALUED
TTML
Large
Tata Teleservices (Maharashtra) Limited
Telecom Services
match 68
32
—
—
-1304%
WATCHLIST
TATACOMM
Mid
Tata Communications Limited
Telecom Services
match 67
37
41.0
32.6%
-710%
WATCHLIST
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
Accord Synergy Ltd. operates in Telecom Services, within the Telecom sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 31 Mar 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
66Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 49th percentile of the scored universe and 58th percentile within Telecom. Main check: results consistency is weak at 39/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
1 docs text-extracted · 0 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
49th percentile
overall median 67 · Telecom: 58th pctile, median 66 · SME: 60th pctile, median 64
Evidence depth
Financial-only
1 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Acceptable, but check the weakest sub-score before increasing exposure.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
60
acceptable · holding, pledge, alignment
Cash flow
62
acceptable · profit to cash conversion
Balance sheet
96
strong · leverage and solvency
Discipline
68
acceptable · capital discipline
Results
39
weak · quarterly consistency
Trust positives
- ▸Promoter pledge is zero.
- ▸FCF yield is positive at 1.2%.
- ▸6 years of positive FCF.
- ▸Debt/equity is 0.05.
Trust risks
- ▸Promoter holding fell 40%.
- ▸Operating cash flow is negative at ₹0 Cr.
- ▸2 latest quarters had PAT decline worse than 25% YoY.
- ▸1/4 latest quarters had positive YoY PAT growth.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Accord Synergy Ltd.
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
AnnouncementJun 2026
Jun 2026 · Updates 23 June 2026 - RAREVER FINANCIAL ADVISORS PRIVATE LIMITED has submitted to the Exchange a copy of PRE-OFFER ADVERTISEMENT TO THE PUBLIC ANNOUNCEMENT AND DETAILED PUBLIC STATEMENT UNDER REGULATION …
Source: Nse
Announcement
Updates 23 Jun - RAREVER FINANCIAL ADVISORS PRIVATE LIMITED has submitted to the Exchange a copy of PRE-OFFER ADVERTISEMENT TO THE PUBLIC ANNOUNCEMENT AND DETAILED PUBLIC STATEMENT UNDER REGULATION …
Source: Nse
AnnouncementMay 2026
May 2026 · Public Announcement-Open Offer 6 May 2026 - Rarever Financial Advisors Private Limited has submitted to a copy of PUBLIC ANNOUNCEMENT UNDER REGULATION 3(1) AND REGULATION 4 READ WITH REGULATION 13, 14 AND …
Source: Nse
AnnouncementMay 2026
May 2026 · Agreements 6 May 2026 - Promoters agreed to sell up to 40% to Dr. Faruk Patel; board approved 4 lakh-share preferential issue worth ₹1.69 crore.
Source: Nse
Annual reportMar 2026
Mar 2026 · Annual Report 2026
Source: Nse
Annual reportMar 2025
Mar 2025 · Annual Report 2025
Source: Nse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.