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Earnings Call

Pace Digitek Earnings Call: Key Takeaways

Pace Digitek reports FY26 revenue of Rs. 2,641 Cr with 11.4% PAT margin. Transitioning from telecom infra to a major BESS player with integrated manufacturing and BOO models.

Guidance and delivery
Management target Revenue 21.0% FY27
Highlights
Revenue growthFY26 growth 8.3% YoY; Q4 FY26 surged 60.5% YoY.
MarginsTargeting margin expansion via in-house manufacturing and backward integration.
Order bookRs. 11,338 Cr total; Energy segment dominates at 78.1%.
Demand visibilityStrong; fueled by grid modernization and 4G/5G telecom saturation projects.
Management confidenceHigh; guided for significant revenue scale-up through FY28.

Growth

FY26 Revenue grew 8.3% YoY; PAT grew 10.1% YoY to Rs. 307.3 Cr. EBITDA margins at 17.2%.

Outlook

FY27 revenue guidance of Rs. 3,200–3,400 Cr. Phased BESS capacity expansion from 2.5 GWh to 10 GWh underway.

Risks

Expansion phase moderation in return ratios (ROE/ROCE); high working capital requirements for large-scale energy projects.

Last quarter's promises, checked

Delivered

  • Guided Energy order book Rs. 10,000 Cr by March 2026 → delivered Rs. 11,338 Cr total (= BEAT)
  • Guided 5 GWh BESS capacity by March 2026 → delivered 5 GWh (= BEAT)
  • Guided PAT margin 12.2% in Q3 → delivered 11.4% for FY26 (= BEAT)

Partly delivered

  • Guided FY27 revenue Rs. 3,200 Cr → current guide Rs. 3,200–3,400 Cr (= PARTIAL)

Missed

  • Guided EBITDA margin 18.3% in Q3 → delivered 17.2% for FY26 (= MISS)
Source

Earnings Call filed with BSE, NSE: PACEDIGITK. Summary written with AI assistance from the document.

Read the document ↗

Pace Digitek Ltd: key numbers

Share price
₹166.35
Market cap
₹3,591 Cr
Revenue (annual)
₹2,641 Cr
Net profit (annual)
₹297.6 Cr
P/E (TTM)
11.9×Sector 68.0×
Promoter holding
69.52%+0.00% QoQ
FII holding
0.98%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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Pace Digitek Annual General Meeting

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15:50 IST BSE
New Order Win

Pace Digitek Bags ₹488.5 Cr Order from NTPC GE Power Services Private Limited

Lineage Power, Pace Digitek's subsidiary, won a ₹488.46 Crore BESS supply contract from NTPC GE Power Services. The 5.015 MWh order includes a 12-year maintenance contract.

Value
₹488.5 Cr
From
NTPC GE Power Services Private Limited
Execution
To be completed by December 31, 2026; CMC for 12 years
BESS container capacity
5.015 MWh
17:50 IST NSE
Earnings Call

Pace Digitek Earnings Call Transcript: Key Takeaways

Pace Digitek reports strong 51.3% YoY revenue growth driven by its energy segment, though seasonal execution cycles caused a sequential dip.

Call
Guides 100% growth