Pace Digitek reports 51.3% revenue growth in Q1 FY27; order book crosses Rs 10,800 crore
Pace Digitek Limited reported revenue from operations of Rs 555.4 crore for the quarter ended June 30, 2026, up 51.3% year-on-year, supported by execution across its Energy and Telecom & ICT businesses. The integrated telecom and energy infrastructure solutions company ended the period with an executable order book of Rs 10,803.3 crore as of August 5, 2026, providing revenue visibility across both business segments.
Profit After Tax (PAT) increased 14.3% year-on-year to Rs 62.5 crore from Rs 54.7 crore in Q1 FY26. EBITDA rose 7.5% to Rs 86.1 crore, while the EBITDA margin stood at 15.5%.
Energy business
The Energy segment accounted for an executable order book of Rs 8,453 crore as of August 5, 2026. The company said its overall Battery Energy Storage System (BESS) order visibility now exceeds 5 GWh.
During the quarter, Pace Digitek delivered 90 BESS containers. After the quarter ended, it operationalised an additional 2.5 GWh BESS manufacturing line, increasing its total installed BESS manufacturing capacity to 5 GWh. The company said it remains on track to expand capacity to 10 GWh and commission its in-house container fabrication facility.
The company also continued the development of Commercial & Industrial (C&I) energy storage prototype solutions, which are currently being evaluated for commercial deployment.
Telecom business
The executable Telecom & ICT order book stood at Rs 2,350.3 crore as of August 5, 2026.
During the quarter, the company received an Advance Work Order worth Rs 264 crore from Bharat Sanchar Nigam Limited (BSNL) under the BharatNet programme for the Sikkim Telecom Circle. The contract covers the design, supply, construction, installation, upgradation and O&M of the middle-mile and last-mile network.
Strategic initiatives
Pace Digitek entered into an Original Equipment Manufacturer (OEM) partnership with NEC XON Systems Proprietary Limited, South Africa, during the quarter to market, distribute and deploy grid-scale BESS solutions across South Africa, Botswana, Mozambique, Namibia and Mauritius.
Following the quarter-end, the company signed a strategic cooperation agreement with MEGMEET Electrical India to pursue opportunities in AI data centre power infrastructure. It also established the Pace-Lineage Research Center in Pune, a dedicated research and development facility focused on Advanced Chemistry Cells (ACC) and energy storage technologies.
Commenting on the quarterly performance, Mr. Maddisetty Venugopal Rao, Chairman & Managing Director, said: “We have commenced FY2027 on a strong note, delivering Revenue from Operations of Rs 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 Rs 10,803.3 crore, providing strong revenue visibility and reinforcing confidence in our long-term growth trajectory.”
He added, “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.”
