Pace Digitek Ltd

Pace Digitek Earnings Call: Key Takeaways

Pace Digitek (544550) delivered robust FY26 performance with 8.3% revenue growth, scaling its BESS manufacturing and utility-scale order book.

Pace Digitek Q4 FY26 Results: Net Profit ₹105.9 Cr, Up 88.1% YoY

Pace Digitek Ltd reported revenue from operations of ₹1,097 Cr (+60.5% YoY) and net profit of ₹105.9 Cr (+88.1% YoY) for Q4 FY26.

Key figure

Net profit ₹105.9 Cr · +88.1% YoY

Pace Digitek Financial Results

Pace Digitek reported audited standalone and consolidated financial results for the year ended March 31, 2026. The board also appointed Mr. Pramod S as Secretarial Auditor.

Pace Digitek Board Meeting Date

Pace Digitek Ltd scheduled a board meeting for May 25, 2026. Directors will consider FY26 audited financial results and a new employee stock option plan.

Pace Digitek Bags ₹264.6 Cr Order

Pace Digitek secured a ₹264.65 Crore contract from BSNL for Sikkim's Bharatnet network. The three-year project includes design, construction, and maintenance of middle-mile infrastructure.

Value

₹264.6 Cr

Execution

1095 days

Pace Digitek Bags ₹709.9 Cr Order

Pace Digitek secured a ₹709.9 Crore BESS contract from NLC India Renewables. The project includes 250 MW capacity in Tamil Nadu with long-term O&M services.

Value

₹709.9 Cr

Execution

12 months for EPC and 12 years for O&M

Pace Digitek Bags ₹709.9 Cr Order

Pace Digitek secured a ₹709.92 Crore turnkey BESS contract from NLC India Renewables Limited. The project includes 12-year maintenance, providing significant long-term revenue visibility.

Value

₹709.9 Cr

Execution

12 months for COD; 12 years for O&M

Pace Digitek Fund Raise of ₹819.1 Cr

Pace Digitek Limited reported utilization of ₹819.15 Crore in gross IPO proceeds for Q4 FY2026. The funds support capital expenditure and general corporate purposes.

Value

₹819.1 Cr

Pace Digitek Other Announcement

Pace Digitek Limited filed its Annual Secretarial Compliance Report for the financial year 2025-2026. The auditor confirmed total compliance with SEBI regulations and statutory requirements.

Pace Digitek Bags ₹702 Cr Order

Pace Digitek secured a ₹701.95 Crore contract from Damodar Valley Corporation for a 250MW BESS project. The award includes EPC services and 12-year maintenance operations.

Value

₹702.0 Cr

Execution

18 months for EPC; 12 years for O&M

Pace Digitek Partnership

Pace Digitek Limited has entered into an OEM exclusivity agreement with South Africa-based NEC XON Systems. This partnership grants NEC XON exclusive rights to market and distribute Pace Digitek's Battery Energy Storage Systems (BESS) across South Africa, Botswana, Mozambique, Namibia, and Mauritius, marking a significant step in the company's international expansion strategy.

Pace Digitek Partnership

Pace Digitek Limited signed an exclusive OEM agreement with South Africa's NEC XON Systems. NEC XON gains exclusive rights to market and sell the company's Battery Energy Storage Systems (BESS) across South Africa, Botswana, Mozambique, Namibia, and Mauritius.

Pace Digitek Partnership

Pace Digitek Limited executed an OEM Exclusivity Agreement with NEC XON Systems Proprietary Limited on April 22, 2026. The agreement grants NEC XON exclusive rights to market and sell the company's energy solutions, including Battery Energy Storage Systems, across South Africa, Botswana, Mozambique, Namibia, and Mauritius.

Pace Digitek Annual General Meeting

Pace Digitek Limited has issued a Postal Ballot notice to approve material related party transactions totaling ₹9,397.00 Crore for FY 2026-27. Key counterparties include Lineage Power, Pace Ecoplanet, and Lanarsy Infra. The voting period ends on May 23, 2026.

Value

₹9,397 Cr

Execution

2026-04-01 to 2027-03-31

Pace Digitek Annual General Meeting

Pace Digitek Limited issued a postal ballot notice seeking shareholder approval for material related party transactions totaling ₹8,397 Crore for FY 2026-27. The transactions involve various subsidiaries and related entities to leverage operational synergies and support green energy projects.

Value

₹8,397 Cr

Execution

FY 2026-27

Pace Digitek Board Meeting Outcome

Pace Digitek Limited's board designated Himanshu Goyal and Nishant Raj as Senior Management Personnel. The board also approved the re-appointment of M/s. K. S Kamalakara & Co as Cost Auditors for a 12-month term. These leadership and compliance updates follow the board meeting held on April 22, 2026.

Pace Digitek Management Change

Pace Digitek Limited has designated Himanshu Goyal and Nishant Raj as Senior Management Personnel. Additionally, the company's board approved the re-appointment of M/s. K. S Kamalakara & Co as Cost Auditors for a 12-month term. These leadership and regulatory appointments ensure operational continuity and compliance.

Execution

12 months

Pace Digitek Board Meeting Outcome

Pace Digitek Limited's board approved the designation of Himanshu Goyal and Nishant Raj as Senior Management Personnel. The board also re-appointed M/s. K. S Kamalakara & Co as Cost Auditors for a 12-month term. These leadership and compliance updates follow the board meeting held on April 22, 2026.

Execution

12 months

Pace Digitek Board Meeting Outcome

Pace Digitek Limited announced outcomes from its April 22, 2026 board meeting. Key decisions include recommending M/s. K. S Kamalakara & Co as Cost Auditors for FY 2026-27, authorizing a postal ballot for material related party transactions, and designating Mr. Himanshu Goyal and Mr. Nishant Raj as Senior Management Personnel.

Execution

FY 2026-27

Pace Digitek Order Update: ₹6,460 Cr

Pace Digitek Limited secured ₹6,459.70 Crore in total order inflows during FY2026. The energy segment contributed ₹5,814.70 Crore, driven by Battery Energy Storage Systems and renewable projects. Key clients include NTPC, SECI, and BSNL. This order book provides strong multi-year revenue visibility across its energy and telecom business segments.

Value

₹6,460 Cr

Pace Digitek Production Started

Pace Digitek Limited achieved a milestone by delivering 178 containerized Battery Energy Storage System (BESS) units as of March 2026. This follows the October 2025 operationalization of its 2.5 GWh manufacturing facility. The company is now executing utility-scale projects for central, state, and private agencies, positioning itself as an integrated player in energy storage.

Execution

6 months

Pace Digitek Management Change

Pace Digitek Limited announced the resignation of Sunil Jayam, effective March 30, 2026. The change in management was filed with the NSE under Regulation 30. Investors should note this leadership exit as the company manages its key personnel transitions.

Pace Digitek Management Change

Pace Digitek Limited announced the resignation of Mr. Sunil Jayam, Business Head – Energy (Senior Management Personnel), effective May 30, 2026. The resignation, cited for personal reasons, has been accepted by the company. A smooth transition of responsibilities is expected during his sixty-day notice period.

Pace Digitek Credit Rating

CRISIL Ratings has reaffirmed Pace Digitek Limited's long-term rating at 'CRISIL A-/Stable' and short-term rating at 'CRISIL A2+'. The total rated bank loan facilities have been enhanced to ₹1,400 Crore from ₹1,000 Crore. This rating reflects the company's creditworthiness and stable financial outlook for its expanded borrowing limits.

Value

₹1,400 Cr

Execution

Valid till March 31, 2027