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Home » Batteries » Pace Digitek Reports Strong First Quarter FY2027 Growth
Batteries

Pace Digitek Reports Strong First Quarter FY2027 Growth

PrakashBy PrakashAugust 6, 20265 Mins Read
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Pace Digitek Reports Strong First Quarter FY2027 Growth

Pace Digitek Limited, an integrated telecom and energy infrastructure solutions company, announced its financial results for the quarter ended June 30, 2026.

During Q1 FY2027, the Company continued expanding its execution capabilities across Energy and Telecom & ICT businesses, supported by growth in Battery Energy Storage Systems (BESS), telecom infrastructure deployment, manufacturing integration and lifecycle service operations.

Financial Performance:

Particulars (INR crore) Q1FY27 Q1FY26 Y-o-Y  FY2026 FY2025 Y-o-Y 
Revenue from Operations 555.4 367.1 51.3% 2,641.3 2,438.8 8.3%
EBITDA 86.1 80.1 7.5% 455.2 481.7 (5.5)%
EBITDA Margin (%) 15.5% 21.8% 17.2% 19.8%  
Profit After Tax 62.5 54.7 14.3% 307.3 279.1 10.1%
PAT Margin (%) 11.3% 14.9% 11.6% 11.4%  

Operational Highlights – Energy

During the quarter, the Company has successfully delivered 90 Battery Energy Storage System (BESS) containers. As of Aug 05, 2026, the executable Energy order book stood at ₹ 8,453 crore, while overall BESS order visibility over 5 GWh, providing strong growth visibility for the business. Subsequent to the quarter, the Company has also operationalized its additional BESS manufacturing platform with an installed capacity of 2.5 GWh, bringing its total BESS manufacturing capacity to 5 GWh.

The Company continued to strengthen its manufacturing capabilities through localization initiatives, including the development of in-house container fabrication and manufacturing automation, aimed at enhancing operational efficiency, supply chain integration, and execution capabilities. Pace Digitek also progressed the development of Commercial & Industrial (C&I) energy storage prototype solutions, which are currently under evaluation for commercial deployment.

The Company continued to expand its presence across the Manufacturing, EPC, and selective Build-Own-Operate (BOO) segments, supporting long-term revenue visibility and creating opportunities for recurring income streams.

Operational Highlights – Telecom & ICT

The executable Telecom & ICT order book stood at ₹ 2,350.3 crore as on Aug 05, 2026.

During Q1FY2027, the Company has received an Advance Work Order from Bharat Sanchar Nigam Limited (BSNL) for Design, Supply, Construction, Installation, Upgradation, Operation and Maintenance (O&M) of the middle-mile & last-mile network under the BharatNet programme in the Sikkim Telecom Circle, with a contract value of ₹264 crore.

The Company continued leveraging its telecom infrastructure execution capabilities and pan-India deployment network to support expansion across adjacent infrastructure opportunities.

Execution & Manufacturing Capabilities

During Q1 FY27, Pace Digitek continued to strengthen its EPC execution, commissioning, and deployment capabilities across its telecom and energy infrastructure businesses. Subsequent to the quarter, the Company commissioned an additional 2.5 GWh BESS manufacturing line, increasing its total installed BESS manufacturing capacity to 5 GWh, enhancing its ability to meet growing customer demand.

The Company also continued investing in the phased expansion of its BESS manufacturing capacity from 5 GWh to 10 GWh and remains on track to commission its in-house container fabrication facility, further strengthening localization, operational efficiency, and supply chain integration.

Other Strategic Developments

During the quarter, the Company continued to strengthen its BESS business through strategic partnerships and manufacturing expansion. Pace Digitek entered into an Original Equipment Manufacturer (OEM) partnership with NEC XON Systems Proprietary Limited, South Africa, to market, distribute and deploy its grid-scale BESS and related energy solutions across South Africa, Botswana, Mozambique, Namibia and Mauritius. The partnership provides the Company with an established regional go-to-market platform to support its expansion into select African markets.

Following the quarter-end, Pace Digitek further strengthened its long-term growth platform through key strategic initiatives. The Company entered into a strategic cooperation agreement with MEGMEET Electrical India to support opportunities in AI data center power infrastructure. It also established the Pace-Lineage Research Center in Pune, a dedicated R&D facility focused on advancing research, engineering and product development in Advanced Chemistry Cells (ACC) and energy storage technologies. These initiatives reinforce the Company’s technology capabilities, integrated energy infrastructure platform and long-term innovation strategy.

Financial Highlights:

Key Highlights for Q1 FY27 Financial Results

  • Revenue from Operations stood at ₹555.4 crore in Q1 FY27, registering a 51.3% YoY growth
  • EBITDA stood at ₹86.1 crore in Q1 FY27, up 7.5% YoY, with EBITDA margin at 15.5%
  • Profit After Tax (PAT) stood at ₹ 62.5 crore in Q1 FY27, registering 14.3% YoY growth, with PAT margin at 11.3%
    Management Commentary

Mr. Maddisetty Venugopal Rao, Chairman & Managing Director, Pace Digitek Ltd said: “We have commenced FY2027 on a strong note, delivering Revenue from Operations of ₹555.4 crore, reflecting a 51.3% year-on-year growth, driven by healthy execution across our Telecom & ICT and Energy businesses. Our executable order book remains robust at ₹10,803.3 crore, providing strong revenue visibility and reinforcing confidence in our long-term growth trajectory.

During the quarter, we operationalized our 2.5 GWh BESS manufacturing facility, strengthened our EPC and execution capabilities, and continued to advance localization and backward integration initiatives. We also entered into a strategic OEM partnership with NEC XON to expand our BESS footprint across select African markets. Subsequent to the quarter, we commissioned an additional 2.5 GWh BESS manufacturing line, taking our total installed capacity to 5 GWh, and remain on track to expand it to 10 GWh. Backed by a strong order pipeline and growing opportunities across India’s energy transition and digital infrastructure sectors, we remain focused on disciplined execution, operational excellence, and creating sustainable value for our stakeholders.”

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Prakash
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Journalist with experience in researching, reporting, and creating engaging content across diverse topics and platforms. My work has strengthened my skills in communication, relationship building, and understanding people, while also honing my organisational and problem-solving abilities.

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