MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0029183
Accord Software and Systems Private Limited - aerospace, maritime and defense in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2026
₹466.67 Cr
▲ 94% YoY
Net profit · FY 2026
₹139.44 Cr
Net margin 29.9%
EBITDA · FY 2026
₹218.35 Cr
EBITDA margin 46.8%
Authorised capital
₹23 Cr
Registered with MCA
Paid-up capital
₹22.69 Cr
Issued & subscribed
Open charges
₹625.62 Cr
Satisfied ₹155.56 Cr
Company age
35 yrs
Est. 1991
Employees · EPFO
247
Provident fund records
About Accord Software and Systems Private Limited
Data last updated:
Accord Software and Systems Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the defence tech and equipment segment of the aerospace, maritime and defence sector. It was incorporated on 17 December 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA1991PTC012629. Its GSTIN is 29AABCA2203R1ZL (Karnataka). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹23 Cr and a paid-up capital of ₹22.69 Cr. It is led by directors including Narayanasamy and Devanathan Raghavan.
Its last annual general meeting (AGM) was held on 12 June 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No.72 & 73 2nd Floor Krishna Reddy Colony Domlur Layout, Bangalore, Karnataka, India – 560071.
As per the financials filed for FY 2026, the company reported a revenue of ₹466.67 Cr, a growth of 94% compared to the previous year. For the same year it recorded a net profit of ₹139.44 Cr (net margin 29.9%) and EBITDA of ₹218.35 Cr (EBITDA margin 46.8%). Revenue has grown at a compounded annual rate (CAGR) of 37% over three years and 46% over five years.
The company has about 247 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹625.62 Cr and satisfied charges of ₹155.56 Cr on record. Court records list 16 cases involving the company, including 14 filed by the company and 2 filed against it; 1 case is pending. The company has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹16 Cr; the latest was in March 2024. The company has 4 MSME Form 1 returns on record between 2022 and 2023, listing 28 overdue payments to 3 micro and small suppliers.
Accord Software and Systems Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0029183). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website accord-soft.com.
Company details
CIN U72200KA1991PTC012629
Registration Number 012629
Incorporation Date 17 December 1991
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 12 June 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-03-0029183
Recognitions & Rankings of Accord Software and Systems
Contact details
Accord Software and Systems Private Limited's registered office is in Bangalore, Karnataka. Its website is accord-soft.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.72 & 73 2nd Floor Krishna Reddy Colony Domlur Layout, Bangalore, Karnataka, India – 560071
- IndustryAerospace, Maritime and Defense, Defence Tech & Equipment
To see the full contact details of Accord Software and Systems Private Limited, buy the company report.
Comprehensive company report
Accord Software and Systems Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Secure checkout · GST invoice included
Business activity
The main business activities of Accord Software and Systems are manufacturing and information and communication. In detail, this covers computer, electronic, communication and scientific measuring & control equipment and computer programming, consultancy and related activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment | |
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Accord Software and Systems Private Limited, buy the company report.
Financials of Accord Software and Systems Private Limited
FY 2025 filings availableAccord Software and Systems Private Limited reported revenue of ₹466.67 Cr (up 94% YoY) for FY 2026.
Revenue · FY 2026
₹466.67 Cr ▲ 94%
Net profit · FY 2026
₹139.44 Cr margin 29.9%
EBITDA · FY 2026
₹218.35 Cr margin 46.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 94%
3 years · compounded
▲ 37%
5 years · compounded
▲ 46%
EBITDA CAGR growth
1 year
▲ 154%
3 years · compounded
▲ 70%
5 years · compounded
▲ 71%
Revenue has grown at a compounded annual rate (CAGR) of 46% over five years, including 94% growth in the latest year. EBITDA rose 154% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| Total Expenses | |||||
| EBITDA | ₹218.35 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹139.44 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 46.8% | ||||
| Net Profit Margin | 29.9% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Accord Software and Systems Private Limited, buy the company report.
Board of directors of Accord Software and Systems Private Limited
Accord Software and Systems has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narayanasamy Also directs: Accord Ideation Private Limited | Director | 17 Dec 1991 | 34 Years 10 Months | Current |
| Devanathan Raghavan Also directs: Accord Ideation Private Limited | Director | 17 Dec 1991 | 34 Years 10 Months | Current |
| Sundaresan Mohan Jayaraman Also directs: Accord Ideation Private Limited | Director | 17 Dec 1991 | 34 Years 10 Months | Current |
| Purushotham Subbarao Also directs: Accord Ideation Private Limited | Director | 17 Dec 1991 | 34 Years 10 Months | Current |
Auditor
Accord Software and Systems Private Limited is audited by JCSS & Co for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JCSS & Co | FY 2025 | 009178S |
Shareholding
The shareholding of Accord Software and Systems Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Accord Software and Systems Private Limited, buy the company report.
Charges & borrowings
Open charges
₹625.62 Cr
Satisfied charges
₹155.56 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Dec 2025 | 101212779 | Others | ₹75 Cr | Open | |
| 03 Jun 2025 | 101115534 | Others | ₹3.37 Cr | Open | |
| 31 Mar 2023 | 100717807 | Others | ₹50 Cr | Open | |
| 12 Jan 2023 | 100668307 | Axis Bank Limited | ₹149 Cr | Open | |
| 01 Apr 2021 | 100437313 | Hdfc Bank Limited | ₹54 Cr | Open |
To see the full charge records of Accord Software and Systems Private Limited, buy the company report.
Total charge records: 25 View all charges
Deals & funding
Accord Software and Systems Private Limited has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹16 Cr; the latest was in March 2024.
Total deals
7
Secondary share transfers
5
Funding rounds
2
Disclosed funding
₹16 Cr
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Seller: 4 individuals |
| Feb 2023 | Secondary share transfer | Undisclosed | Seller: Alten Global Technologies Private Limited |
| Jan 2023 | Secondary share transfer | Undisclosed | Seller: Alten Global Technologies Private Limited |
| May 2022 | Secondary share transfer | Undisclosed | Seller: Alten Global Technologies Private Limited |
| Mar 2007 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: IDBI LIMITED |
To see the full deal history of Accord Software and Systems Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Accord Software and Systems Private Limited has 16 court cases on record: 14 filed by Accord Software and Systems, 2 filed against it. 1 case is pending and 15 are disposed.
Total cases
16
Filed by the company
14
Filed against the company
2
Pending
1
Disposed
15
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 1 | 0 |
| High courts | 4 | 1 | 1 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Enertech Engineering Pvt Ltd. and 2 others | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Enertech Engineering Pvt Ltd. and 2 others | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by M S Private Eye Pvt.Ltd. | Disposed |
| High Court, KARNATAKA | Writ petition | Filed by the company against Department of Scientific and Industrial Research and 1 other | Pending |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against M/S Accord Innovations Pvt Ltd | Disposed |
To see the full case history of Accord Software and Systems Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Accord Software and Systems Private Limited was last rated by Crisil on 16 Jun 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 16 Jun 2020 |
To see the full credit ratings and regulatory alerts of Accord Software and Systems Private Limited, buy the company report.
MSME payment delays
Accord Software and Systems Private Limited has 4 MSME Form 1 returns on record between 2022 and 2023, listing 28 overdue payments to 3 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Alten Global Technologies Private Limited | |||
| Accord Ideation Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Accord Software and Systems Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Accord Software and Systems Private Limited has a workforce of 247 employees on its EPFO records as of Oct 09, 2025, across 1 active EPFO establishment.
Employee count
247
Active EPFO establishments
1
Employee growth
23.5%
GST
Accord Software and Systems has 4 GST registrations: 4 active.
Total GSTINs
4
Active
4
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCA2203R1ZL | Karnataka | Active | 01 Jul 2017 |
| 29AABCA2203R2ZK | Karnataka | Active | 29 Aug 2025 |
| 07AABCA2203R1ZR | Delhi | Active | 01 Aug 2020 |
| 01AABCA2203R1Z3 | Jammu and Kashmir | Active | 30 Sep 2025 |
To see the full GST registrations and return filing status of Accord Software and Systems Private Limited, buy the company report.
Recent activity
Accord Software and Systems Private Limited has 12 board changes on record since 1991: 5 appointments and 7 cessations. The latest: Devanathan Raghavan ceased to be Ceo(Kmp) on 31 Mar 2022.
Charges
A charge with Axis Bank Limited of Rs. 149.00 Cr registered on 12 Jan 2023 with Charge ID 100668307 was modified on 27 Apr 2026.
Charges
A charge with Hdfc Bank Limited of Rs. 100.00 Cr registered on 23 Aug 2017 with Charge ID 100121587 was modified on 02 Jan 2026.
Charges
A charge with Others amounted to Rs. 75.00 Cr with Charge ID 101212779 was registered on 09 Dec 2025.
Charges
A charge with State Bank Of India of Rs. 194.25 Cr registered on 01 Sep 1997 with Charge ID 90195389 was modified on 27 Nov 2025.
Charges
A charge registered on 24 Sep 2024 via Charge ID 100997750 with Others was fully satisfied on 31 Jul 2025.
Charges
A charge registered on 31 Mar 2023 via Charge ID 100720497 with Others was fully satisfied on 09 Jul 2025.
AGM
Accord Software And Systems Private Limited last Annual general meeting of members was held on 12 Jun 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 3.37 Cr with Charge ID 101115534 was registered on 03 Jun 2025.
Filing
Accord Software And Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Others of Rs. 44.00 Cr registered on 31 Mar 2023 with Charge ID 100720497 was modified on 03 Mar 2025.
Charges
A charge with Others of Rs. 50.00 Cr registered on 31 Mar 2023 with Charge ID 100717807 was modified on 23 Dec 2024.
Charges
A charge with Others amounted to Rs. 50.00 Cr with Charge ID 100997750 was registered on 24 Sep 2024.
54 earlier events are in the company report.
Frequently asked questions
Accord Software and Systems is an active private limited company based in Bangalore, Karnataka, India. The company works in defence tech and equipment, within the aerospace, maritime and defense industry. It was incorporated on 17 December 1991 (35+ years old) and is registered under CIN U72200KA1991PTC012629.
Accord Software and Systems has 4 current directors:
- Narayanasamy - Director
- Devanathan Raghavan - Director
- Sundaresan Mohan Jayaraman - Director
- Purushotham Subbarao - Director
The latest financial statements of Accord Software and Systems on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 12 June 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Accord Software and Systems is 29AABCA2203R1ZL, registered in Karnataka. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 29AABCA2203R2ZK (Karnataka), 07AABCA2203R1ZR (Delhi), 01AABCA2203R1Z3 (Jammu and Kashmir).
The CIN (Corporate Identification Number) of Accord Software and Systems is U72200KA1991PTC012629. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Accord Software and Systems has 16 court cases on record: 14 filed by the company and 2 filed against it. 1 is pending. Most are in the district courts.
Accord Software and Systems was incorporated on 17 December 1991, making it 35+ years old. It is registered with the Registrar of Companies, Bangalore.
Accord Software and Systems has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹16 Cr; the latest was in March 2024.
Devanathan Raghavan ceased to be Ceo(Kmp) on 31 Mar 2022. Raghavendra Shenoy Manur ceased to be Director on 31 Mar 2022. Purushotham Subbarao ceased to be Director on 31 Mar 2018. Accord Software and Systems has 12 board changes on record in total.
Yes, Accord Software and Systems is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0029183).
Accord Software and Systems has 4 MSME Form 1 returns on record between 2022 and 2023, listing 28 overdue payments to 3 micro and small suppliers. The latest return was filed on 28 Aug 2023.