These 3 BESS stocks are betting big on India’s energy storage boom

Three BESS (Battery Energy Storage Systems) companies — Waaree Energies, Pace Digitek, and JSW Energy — are scaling capacity aggressively to tap India's energy storage boom driven by renewables growth and supportive policies. Waaree Energies is building 20 GWh of BESS capacity with about ₹100 billion capex and holds an order book of ₹530 billion, reporting Q4FY26 revenue of ₹84,803 million and net profit of ₹11,263 million. Pace Digitek expanded BESS manufacturing to 2.5 GWh in FY26, delivered 178 BESS containers, and targets 10 GWh by October 2026, posting FY26 revenue of ₹26.41 billion and net profit of ₹3.07 billion.