Quarterly & Annual Financial Results
Pace Digitek Reports Strong FY26 Growth Driven by Energy Storage and Telecom Infrastructure Expansion
NSE
PACEDIGITK
BSE
544550
Pace Digitek Limited reported strong FY26 operational and financial performance driven by execution growth across Energy and Telecom & ICT businesses. Revenue from operations rose to ₹2,641 crore while PAT increased 10.1% YoY to ₹307 crore. The company also expanded its Battery Energy Storage System (BESS) manufacturing and execution capabilities, with total executable order book reaching ₹11,338 crore as of May 25, 2026.
PRICE-SENSITIVE TRIGGER
Event: Pace Digitek announced audited standalone and consolidated financial results for Q4 FY26 and FY26.
Type: Quarterly & Annual Financial Results
Impact: Positive
Immediate Effect: Strong execution growth across energy storage, telecom infrastructure, EPC operations, and manufacturing expansion improved revenue scale and strengthened long-term order visibility.
Key Metrics:
- Q4 FY26 Performance
- Revenue from Operations:
- ₹1,096.8 crore
- Up 60.5% YoY
- EBITDA:
- ₹163.2 crore
- Up 114.0% YoY
- EBITDA Margin:
- 14.9%
- vs 11.2% in Q4 FY25
- Profit After Tax (PAT):
- ₹105.9 crore
- Up 88.1% YoY
- PAT Margin:
- 9.5%
- vs 8.2% in Q4 FY25
- Balance Sheet & Order Book
- Total executable order book:
- ₹11,338 crore
- Energy order book:
- ₹8,854 crore
- Telecom & ICT order book:
- ₹2,484 crore
- Cash & bank balances:
- ₹769 crore
- Net Debt to Equity ratio:
- 0.09x
- Operational Metrics
- Installed BESS manufacturing capacity:
- 2.5 GWh
- Planned BESS capacity expansion:
- 10 GWh
- BESS containers delivered in FY26:
- 178 units
- Utility-scale BESS execution:
- 480 MWh
- Telecom power systems manufactured:
- 7,877 units
- Telecom towers erected:
- 1,035 towers
- Telecom power systems commissioned:
- 1,297 systems
- OFC rollout completed:
- 2109 km
Highlight:
- Executable Order Book
- Value: ₹11,338 crore
What Happened ?
Pace Digitek Limited announced audited FY26 financial results highlighting strong execution momentum across its Energy and Telecom & ICT businesses.
The company reported sharp growth in Q4 FY26 revenue and profitability, supported by higher execution in telecom infrastructure deployment, Battery Energy Storage System (BESS) projects, manufacturing integration, and lifecycle service operations.
During FY26, Pace Digitek operationalized its BESS manufacturing platform with installed capacity of 2.5 GWh and delivered 178 BESS containers during the year. The company also executed 480 MWh of utility-scale BESS capacity and continued investments toward scaling manufacturing capacity to 10 GWh.
In telecom infrastructure, the company expanded deployment activity through telecom tower erection, power system commissioning, and optical fiber rollout execution. Pace Digitek also entered the Operations & Maintenance phase of the BSNL 4G saturation tower deployment project.
The company stated that strategic subsidiary realignment and localization initiatives were undertaken to improve operational integration, supply-chain efficiency, and execution capabilities.
Key Details
Operational and Strategic Developments:
- Pace Digitek operationalized its BESS manufacturing platform during FY26.
- Installed BESS manufacturing capacity currently stands at:
- 2.5 GWh
- The company delivered:
- 178 BESS containers
- 480 MWh utility-scale BESS capacity
- Energy order book stood at:
- ₹8,854 crore
- Overall BESS order visibility exceeded:
- 5 GWh
- Localization initiatives included:
- In-house container fabrication
- Manufacturing automation
- Supply-chain integration
- The company developed Commercial & Industrial (C&I) energy storage prototypes for future deployment.
- Pace Digitek continued expansion across:
- EPC projects
- Manufacturing
- Selective BOO Opportunities
- Telecom & ICT Segment
- Telecom & ICT executable order book stood at:
- ₹2,484 crore
- FY26 operational execution included:
- 7,877 telecom power systems manufactured
- 1,035 telecom towers erected
- 1,297 telecom power systems commissioned
- 2,109 km OFC rollout completed
- The company completed BSNL 4G saturation tower deployment execution and entered the O&M phase.
- Pace Digitek continued leveraging its pan-India deployment network to expand adjacent infrastructure opportunities.
- Execution & Manufacturing Capabilities
- The company continued scaling EPC execution and commissioning capabilities.
- Investments were made toward expanding BESS manufacturing capacity from 2.5 GWh to 10 GWh.
- Strategic subsidiary realignment was undertaken to improve:
- Operational integration
- Execution efficiency
- Manufacturing Coordination
- Strategic Developments
- Pace Digitek completed listing on:
- National Stock Exchange (NSE)
- Bombay Stock Exchange (BSE)
- The listing is expected to strengthen:
- Governance visibility
- Long-term capital market access
- Institutional Positioning
Note:
- The combination of a large executable order book, low leverage profile, and manufacturing expansion positions Pace Digitek to benefit from increasing investments across energy storage and telecom infrastructure sectors.
Risk Analysis
Summary:
- Despite strong execution momentum, Pace Digitek remains exposed to infrastructure execution risks, manufacturing scale-up challenges, and sector-specific project timelines.
Key Risks:
- Large EPC and infrastructure projects remain execution intensive.
- Delays in BESS project deployment may impact revenue recognition timelines.
- Capacity expansion from 2.5 GWh to 10 GWh requires sustained capital investment and operational scaling.
- Telecom infrastructure projects may remain dependent on government and operator capex cycles.
- Margin profile could fluctuate based on project mix and raw material costs.
Worst Case Scenario:
- Execution delays, slower order conversion, or pressure on project margins could affect profitability and working capital efficiency.
Risk Level: Medium
Company Commentary
- Management stated that FY2026 marked a strong year of execution and scale-up across Energy and Telecom & ICT businesses.
- Revenue growth was supported by higher execution across telecom infrastructure and energy projects.
- The company highlighted scaling of BESS manufacturing and integration capabilities alongside expansion in EPC execution and lifecycle services.
- Management indicated that operational focus remains on:
- Disciplined growth
- Manufacturing scale-up
- Operational efficiency
- Localization initiatives
- Strengthening telecom and energy infrastructure presence
Official Exchange Filing: Pace Digitek Ltd