Pace Digitek Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
PACEDIGITK · price
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Pace Digitek Limited reported standalone revenue of ₹17,108.08 million for FY26, down from ₹22,710.96 million in FY25, representing a 24.7% revenue decline. However, standalone Profit After Tax (PAT) grew 5.6% to ₹2,464.80 million from ₹2,333.31 million. The company completed its IPO in October 2025, raising ₹8,191.48 million, and used proceeds to acquire subsidiary Pace Renewable Energies Private Limited and fund battery energy storage projects. Consolidated revenue grew 8.3% to ₹26,412.70 million due to new subsidiaries. Operating cash flow remained negative at ₹620 million, though improved from ₹1,159.82 million in FY25. The auditor issued a clean opinion with no going concern or qualified remarks.
The standalone revenue decline of 24.7% is a concern despite PAT growth, suggesting cost optimization drove profits rather than business expansion. The company is in heavy investment mode post-IPO with unutilized funds of ₹2,156.72 million. Shareholders should monitor whether the new subsidiaries can reverse the revenue decline trajectory in FY27.