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Earnings Call Transcript

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.

Why this was an Alfa AlertManagement guides 100% Revenue growth for FY27 (explicit single-year guidance).
Guidance and delivery
Management target Revenue 100.0% FY27
Highlights
Revenue growth51.3% YoY growth; sequential decline due to milestone-based energy project timing.
MarginsEBITDA margin improved sequentially to 15.5%; C&I segment offers higher margins.
Order bookRobust 10,800 Cr order book; 8,453 Cr from energy segment.
Demand visibilityStrong BESS demand; bidding for 27 GWh of upcoming tenders.
Management confidenceHigh confidence in FY27 targets; aggressively scaling battery manufacturing capacity.

Growth

Revenue reached 555 Cr, up 51.3% YoY; energy segment now contributes 79.5% of total sales.

Outlook

Management maintains FY27 revenue guidance of 3,200–3,400 Cr with 10.5-11% PAT margins.

Risks

High working capital cycle in Telecom segment (150 days) and lithium price volatility remain key risks.

Last quarter's promises, checked

Delivered

  • Guided 2.5 GWh capacity → delivered 2.5 GWh with 80% utilization (= BEAT)
  • Guided 178 BESS containers → delivered 178 containers (= BEAT)
  • Guided FY26 PAT margin 11.3% → delivered 11.4% (= BEAT)

Partly delivered

  • Guided FY27 revenue 3,200-3,400 Cr → maintained in current guidance (= PARTIAL)

Missed

  • Guided 5 GWh operational by May 2026 → delayed to July 2026 (= MISS)
Source

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

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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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Annual General Meeting

Pace Digitek Annual General Meeting

Pace Digitek Ltd announced the voting results for its AGM held on September 21, 2026. Shareholders approved all ten resolutions placed before them.

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