Pace Digitek revenue surges 51% in Q1FY27 as BESS capacity doubles
Pace Digitek's Q1FY27 results show strong top-line growth of 51.3% to ₹5,554 mn, driven by the Energy segment. PAT increased 14.3% to ₹625 mn, while EBITDA rose 7.5% to ₹861 mn. The company expanded BESS capacity to 5 GWh and maintains a robust order book of ₹108,033 mn.

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Pace Digitek Limited reported a 51.3% year-on-year increase in consolidated revenue from operations to ₹5,554 million for the quarter ended June 30, 2026 (Q1FY27), driven by robust execution across its Energy and Telecom & ICT segments. Profit after tax (PAT) rose 14.3% to ₹625 million, while EBITDA grew 7.5% to ₹861 million. The company underscored a strong executable order book of ₹108,033 million as of June 30, 2026, providing significant revenue visibility. Subsequent to the quarter-end, Pace Digitek commissioned an additional 2.5 GWh Battery Energy Storage System (BESS) manufacturing line, doubling its total installed capacity to 5 GWh. The Board of Directors approved the unaudited standalone and consolidated financial results on August 05, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results were subjected to a limited review by the statutory auditors, S S Kothari Mehta & Co. LLP.
Financial Performance
Consolidated EBITDA margin contracted to 15.5% from 21.8% in the corresponding period last year, reflecting the cost intensity associated with scaling the Energy segment. PAT margin stood at 11.3%, down from 14.9% in Q1FY26. The divergence between standalone and consolidated results underscores the growing contribution of subsidiaries, particularly in the energy storage space. Standalone revenue from operations was ₹2,642 million, down 22.2% YoY, due to inter-company eliminations of ₹2,509 million from gross standalone revenue of ₹5,151 million.
| Metric | Consolidated Q1FY27 | Consolidated Q1FY26 | YoY Change |
|---|---|---|---|
| Revenue from Operations (₹ mn) | 5,554 | 3,671 | 51.3% |
| EBITDA (₹ mn) | 861 | 801 | 7.5% |
| EBITDA Margin (%) | 15.5% | 21.8% | — |
| Profit After Tax (₹ mn) | 625 | 547 | 14.3% |
| PAT Margin (%) | 11.3% | 14.9% | — |
Operational Highlights
In the Energy segment, Pace Digitek successfully delivered 90 BESS containers during the quarter. The executable Energy order book stood at ₹84,530 million, with overall BESS order visibility exceeding 5 GWh. The company secured three new orders worth ₹16,766 million in Q1FY27, including major BESS EPC contracts with NLC India (₹7,099 million) and DVC (₹7,020 million). Execution on the MSEDCL Standalone BESS BOO project progressed ahead of schedule, with 375 MWh capacity added in Q1FY27. Ground work has started for SECI (Solar + BESS BOO) and KPTCL (Standalone BESS BOO) projects.
In the Telecom & ICT segment, the executable order book was ₹23,503 million. During the quarter, the company received an Advance Work Order from Bharat Sanchar Nigam Limited (BSNL) for the BharatNet programme in the Sikkim Telecom Circle, valued at ₹2,647 million. Railways Kavach projects are currently under the survey phase.
Strategic Developments
Pace Digitek entered into an Original Equipment Manufacturer (OEM) partnership with NEC XON Systems Proprietary Limited, South Africa, to market 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 support AI data center power infrastructure opportunities. Additionally, Pace Digitek established the Pace-Lineage Research Center in Pune in collaboration with IISER Pune for Advanced Chemistry Cells (ACC) research, focusing on Lithium-ion and Sodium-ion battery materials.
What the Numbers Show
The margin compression despite revenue growth indicates a transitional phase as the company scales its capital-intensive BESS manufacturing and EPC operations. The expansion of manufacturing capacity to 5 GWh, with plans to reach 10 GWh by the end of FY27, suggests a strategic shift towards backward integration to capture higher value margins in the long term. The robust order book, diversified across BOO (48.2%) and EPC (51.7%) scopes, provides a cushion against near-term margin pressures, ensuring sustained utilization of the expanded capacity. Management has provided revenue guidance of ₹32,000–34,000 million for FY27 and ₹40,000–42,000 million for FY28.
Historical Stock Returns for Pace Digitek
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.28% | +1.90% | -8.25% | +0.57% | 0.0% | 0.0% |
How will the planned expansion to 10 GWh BESS manufacturing capacity by end-FY27 impact Pace Digitek's cost structure and margin recovery trajectory?
What are the specific risks and revenue contribution expectations from the new OEM partnership with NEC XON Systems in Southern African markets?
Will the strategic cooperation with MEGMEET Electrical India accelerate Pace Digitek's entry into the AI data center power infrastructure segment, and what is the projected timeline for first revenues?


































