During Q1 FY2027, Pace Digitek continued to strengthen its execution capabilities across the energy business, with Battery Energy Storage Systems (BESS) emerging as a key growth driver. The Company successfully delivered 90 BESS containers during the quarter. As of 05th August, 2026, its executable Energy order book stood at ₹8,453 crores, while overall BESS order visibility exceeded 5 GWh, providing a strong foundation for future growth.
Following the quarter, Pace Digitek further expanded its BESS manufacturing capabilities by operationalizing an additional manufacturing platform with an installed capacity of 2.5 GWh. This expansion takes the Company’s total BESS manufacturing capacity to 5 GWh, strengthening its ability to support growing demand and execute large-scale energy storage projects.
The Company also continued to deepen its manufacturing integration through localization initiatives, including the development of in-house container fabrication capabilities and manufacturing automation. These initiatives are aimed at improving operational efficiency, strengthening supply chain integration and enhancing execution capabilities. In parallel, Pace Digitek progressed the development of prototype Commercial & Industrial (C&I) energy storage solutions, which are currently being evaluated for potential commercial deployment.
Pace Digitek further expanded its presence across Manufacturing, Engineering, Procurement and Construction (EPC), and selective Build-Own-Operate (BOO) segments. The strategy is designed to strengthen long-term revenue visibility while creating opportunities to develop recurring income streams across the energy infrastructure value chain.
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Operational Highlights – Telecom & ICT
The executable Telecom & ICT order book stood at ₹ 2,350.3 crores as on Aug 05, 2026. During Q1 FY2027, the Company has received an Advance Work Order from Bharat Sanchar Nigam Limited (BSNL) for Design, Supply, Construction, Installation, Upgradation, Operation and Maintenance (O&M) of the middle-mile & last-mile network under the BharatNet programme in the Sikkim Telecom Circle, with a contract value of ₹264 crores.
The Company continued leveraging its telecom infrastructure execution capabilities and pan-India deployment network to support expansion across adjacent infrastructure opportunities.
Execution & Manufacturing Capabilities
During Q1 FY27, Pace Digitek continued to strengthen its EPC execution, commissioning, and deployment capabilities across its telecom and energy infrastructure businesses. Subsequent to the quarter, the Company commissioned an additional 2.5 GWh BESS manufacturing line, increasing its total installed BESS manufacturing capacity to 5 GWh, enhancing its ability to meet growing customer demand.
The Company also continued investing in the phased expansion of its BESS manufacturing capacity from 5 GWh to 10 GWh and remains on track to commission its in-house container fabrication facility, further strengthening localization, operational efficiency, and supply chain integration.
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Other Strategic Developments
During the quarter, the Company continued to strengthen its BESS business through strategic partnerships and manufacturing expansion. Pace Digitek entered into an Original Equipment Manufacturer (OEM) partnership with NEC XON Systems Proprietary Limited, South Africa, to market, distribute and deploy its grid-scale BESS and related energy solutions across South Africa, Botswana, Mozambique, Namibia and Mauritius. The partnership provides the Company with an established regional go-to-market platform to support its expansion into select African markets.
Following the quarter-end, Pace Digitek further strengthened its long-term growth platform through key strategic initiatives. The Company entered into a strategic cooperation agreement with MEGMEET Electrical India to support opportunities in AI data center power infrastructure. It also established the Pace-Lineage Research Center in Pune, a dedicated R&D facility focused on advancing research, engineering and product development in Advanced Chemistry Cells (ACC) and energy storage technologies. These initiatives reinforce the Company’s technology capabilities, integrated energy infrastructure platform and long-term innovation strategy.
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Financial Highlights:
Key Highlights for Q1 FY27 Financial Results
- Revenue from Operations stood at ₹555.4 crores in Q1 FY27, registering a 51.3% YoY growth;
- EBITDA stood at ₹86.1 crores in Q1 FY27, up 7.5% YoY, with EBITDA margin at 15.5%;
- Profit After Tax (PAT) stood at ₹ 62.5 crores in Q1 FY27, registering 14.3% YoY growth, with PAT margin at 11.3%.
Management Commentary
Mr. Maddisetty Venugopal Rao, Chairman & Managing Director, Pace Digitek Ltd. said: “We have commenced FY2027 on a strong note, delivering Revenue from Operations of ₹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 ₹10,803.3 crore, providing strong revenue visibility and reinforcing confidence in our long-term growth trajectory.
During the quarter, we operationalized our 2.5 GWh BESS manufacturing facility, strengthened our EPC and execution capabilities, and continued to advance localization and backward integration initiatives. We also entered into a strategic OEM partnership with NEC XON to expand our BESS footprint across select African markets. Subsequent to the quarter, we commissioned an additional 2.5 GWh BESS manufacturing line, taking our total installed capacity to 5 GWh, and remain on track to expand it to 10 GWh. 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.”
