NSE: PACEDIGITK · BSE: 544550
PACE DIGITEK LIMITED
Operates across telecom infrastructure and energy storage, with manufacturing of Battery Energy Storage Systems (BESS) as a major line. In FY26, Energy generated 55.2% of segment revenue, Telecom 44.6%, and Others 0.2%. Through its material subsidiary Lineage Power, the company runs an integrated BESS platform spanning manufacturing, engineering, system integration, EPC and long-term O&M. The Bidadi facility produced 260+ utility-scale BESS containers totalling 1.25 GWh in its first year of operation, and Lineage Power has subsequently crossed 300 containers representing around 1.5 GWh of storage capacity. Materials account for 31.7% of revenue and other operating expenses 38.1%, with employee costs at 3.6% and depreciation at 0.5%. FY26 revenue was Rs 2,641.27 cr with EBITDA margin of 18.98%, and the board has approved a Rs 200 cr expansion plan via internal accruals to grow BESS capacity from 2.5 GWh toward 10 GWh. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Energy (55%), Telecom (45%), Others (0%). Project-driven, asset-heavy manufacturer and EPC integrator in telecom infrastructure and battery energy storage
Exhibit 1: Financial summary, FY26–FY26 (all audited; no estimate years)
| ₹ crore · consolidated | FY26 |
|---|---|
| Revenue | 2,641 |
| EBITDA (ex other income) | 455 |
| margin % | 17.2 |
| Owners' profit | 298 |
| EPS, as reported (₹) | 15.11 |
| ROE % · ROCE % | 13.6 · 16.5 |
| Debt / equity (x) | 0.43 |
| Cash from operations | (917) |
| Capex | (106) |
Exhibit 2: Quarterly performance, last 5 quarters
| ₹ crore | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|
| Revenue | 367 | 533 | 644 | 1,097 | 555 |
| Profit before tax | 74 | 96 | 114 | 146 | 82 |
| Net profit | 55 | 68 | 79 | 106 | 63 |
| EPS (₹) | 3.03 | 3.90 | 3.85 | 5.04 | 2.84 |
Exhibit 3: Segment revenue, FY26
| Segment | Revenue, ₹ crore | Share % |
|---|---|---|
| Energy | 1,841 | 56.6 |
| Telecom | 1,403 | 43.2 |
| Others | 7 | 0.2 |
| Total, before eliminations | 3,251 | 100.0 |
Exhibit 4: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| INDUS TOWERS LIMITED | 1,01,646 | 14.2 | 2.56 | 5.5 | 18.0 | 15.4 | 18.4 | 56.1 |
| HFCL LIMITED | 38,256 | 65.1 | 7.73 | 48.3 | 6.7 | 7.8 | 2.3 | 23.3 |
| Bondada Engineering Limited | 3,051 | 11.9 | 4.17 | 9.4 | 28.8 | 37.2 | — | 12.3 |
| PACE DIGITEK LIMITED ◆ | 3,018 | 8.9 | 1.34 | 7.4 | 13.6 | 14.5 | — | 20.6 |
| GTL INFRA.LTD | 1,294 | 1.6 | — | — | (14.9) | (233.9) | — | 45.2 |
| SUYOG TELEMATICS LIMITED | 521 | 8.5 | 1.07 | 3.8 | 12.9 | 10.2 | — | 62.4 |
Exhibit 5: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 8.9 | 13.8 | 5 of 15 | 71% |
| P/B | 1.3 | 3.4 | 5 of 12 | 64% |
| ROCE | 14.5 | 11.0 | 6 of 18 | 71% |
| ROE | 13.6 | 13.3 | 6 of 12 | 55% |
| Debt / Equity | 0.4 | 0.3 | 10 of 12 | 18% |
| EBITDA margin | 20.6 | 23.3 | 12 of 19 | 39% |
| Revenue growth | 51.3 | 6.1 | 3 of 20 | 90% |
| Profit growth | 14.3 | 45.9 | 14 of 18 | 24% |
| Market cap | 3018 | 2932 | 10 of 20 | 53% |
Exhibit 6: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 26 Oct 2026 · Board meeting set for October 31, 2026 financial results | board shareholder meetings | low | — | — |
| 12 Oct 2026 · Board approves NCD issuance of up to 250 crore via private placement | fund raising | high | — | — |
| 8 Oct 2026 · Pace Digitek gets Rs 179.4 crore BESS order from BSES Rajdhani Power | business updates | high | — | — |
| 8 Oct 2026 · Pace Digitek bags Rs 179.4 Cr BESS order from BSES Rajdhani Power | business updates | high | — | — |
| 7 Oct 2026 · Board to consider raising funds via NCDs on October 12 | board shareholder meetings | low | — | — |
| 6 Oct 2026 · Pace Digitek marks 1 year on bourses with BESS expansion plan | investor communications | medium | — | — |
| 5 Oct 2026 · RTA compliance certificate under SEBI Reg 74(5) for Sept 2026 quarter | compliance | minimal | — | — |
| 5 Oct 2026 · Clarification on sharp rise in trading volume | regulatory legal | medium | — | — |
| 5 Oct 2026 · BSE seeks clarification from Pace Digitek on unusual volume movement | regulatory legal | high | — | — |
| 3 Oct 2026 · Pace Digitek clarifies on sudden trading volume surge | regulatory legal | low | — | — |
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.