Accord Software And Systems Private Limited

Designs and manufactures GNSS-based products for defence, space, and various industries.

1991 | Bangalore, Karnataka (India) | Active
Last Updated: July 05, 2024

Who are the key members and board of directors at Accord Software And Systems?

Executive Team (2)

NameDesignationAppointment DateStatus
Bobjee Jenardan Country flag representing InCompany Secretary02-Nov-2014Current
Srikantiah MuralikrishnaCEO01-Apr-2022Current

Board Members (4)

NameDesignationAppointment DateStatus
Devanathan Raghavan Country flag representing In Director 17-Dec-1991Current
Narayanasamy Country flag representing In Director 17-Dec-1991Current
Purushotham Subbarao Country flag representing In Director 17-Dec-1991Current
Sundaresan Jayaraman Country flag representing In Director 17-Dec-1991Current

Financial Performance of Accord Software And Systems.

Accord Software And Systems Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 33.45% decrease. The company also saw a substantial fall in profitability, with a 64.61% decrease in profit. The company's net worth moved up by a moderate rise of 9.48%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-33.45%
Revenue from Operations
-34.14%
Total Assets
-4.10%
Profit or Loss
-64.61%
Net Worth
9.48%
EBITDA
-59.30%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹234.25 Cr

₹61.56 Cr

LenderAmountStatus

Others

Creation Date: 31 Mar 2023
₹50.00 CrOpen

Others

Creation Date: 31 Mar 2023
₹40.00 CrOpen

Axis Bank Limited

Creation Date: 12 Jan 2023
₹30.00 CrOpen

How Many Employees Work at Accord Software And Systems?

Accord Software And Systems has a workforce of 247 employees as of Mar 30, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

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Rating

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Latest Updates, News, and FAQs on Accord Software And Systems

Recent activity within the organization

  • Charges

    A charge with State Bank Of India of Rs. 69.25 Cr registered on 01 Sep 1997 with Charge ID 90195389 was modified on 15 Apr 2024.

    15 Apr 2024

  • Charges

    A charge registered on 24 Sep 2021 via Charge ID 100484258 with Others was fully satisfied on 05 Apr 2024.

    05 Apr 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 11.00 Cr registered on 01 Apr 2021 with Charge ID 100437313 was modified on 16 Feb 2024.

    16 Feb 2024

  • Annual General Meeting

    Accord Software And Systems Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 34.00 Cr registered on 23 Aug 2017 with Charge ID 100121587 was modified on 21 Sep 2023.

    21 Sep 2023

  • Charges

    A charge registered on 27 Jun 2022 via Charge ID 100595853 with Others was fully satisfied on 28 Jul 2023.

    28 Jul 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Accord Software And Systems Private Limited was incorporated on 17 Dec 1991.

  • The authorized share capital of Accord Software And Systems Private Limited is ₹ 23.00 Cr and paid-up capital is ₹ 4.54 Cr.

  • Currently 6 directors are associated with Accord Software And Systems Private Limited.

    • Bobjee Srinivas Jenardan
    • Srikantiah Muralikrishna
    • Devanathan Raghavan
    • Narayanasamy
    • Purushotham Subbarao
    • Sundaresan Mohan Jayaraman
  • As per Ministry of Corporate Affairs (Mca), the registered address of Accord Software And Systems Private Limited is No.72 & 73 2Nd Floor Krishna Reddy Colony Domlur Layout, Bangalore, Karnataka, India, 560071.

  • The corporate identification number (CIN) of Accord Software And Systems Private Limited is U72200KA1991PTC012629 and the company number is 012629 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Accord Software And Systems Private Limited is https://www.accord-soft.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Accord Software And Systems Private Limited has fallen by -33.45%.

  • As Per 2023 financial reports, 247 employees are currently employed by Accord Software And Systems Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Accord Software And Systems Private Limited has experienced an upsurge of 9.48%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Accord Software And Systems Private Limited amount to ₹ 234.25 Cr.

  • The most recent Balance Sheet for Accord Software And Systems Private Limited was filed with the ROC on 31 Mar 2023.

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