Pace Digitek to showcase BESS at India Energy Storage Week 2026

0 min read     Updated on 04 Jul 2026, 07:27 AM
scanx
Reviewed by
Jubin VScanX News Team
AI Summary

Pace Digitek Limited and its subsidiary Lineage Power Private Limited are set to participate in the 12th India Energy Storage Week (IESW) 2026, scheduled from July 8 to July 10 at the India International Convention & Expo Centre in New Delhi. The company will showcase its Battery Energy Storage System (BESS) and related solutions at Hall 1, Stall No. 4.

powered bylight_fuzz_icon
44628479

*this image is generated using AI for illustrative purposes only.

Pace Digitek Limited and its subsidiary Lineage Power Private Limited will participate in the 12th India Energy Storage Week (IESW) 2026. The event is scheduled from July 8, 2026, to July 10, 2026, at the India International Convention & Expo Centre (IICC), Yashobhoomi, New Delhi. The company plans to exhibit its Battery Energy Storage System (BESS) and related energy storage solutions to highlight its capabilities in the sector.

The exhibition serves as a platform for industry participants to display advancements and network. Pace Digitek will be located at Hall 1, Stall No. 4, where attendees can view its offerings. The participation aims to strengthen the company's presence in the energy storage domain.

Event Details

Detail Information
Event Name 12th India Energy Storage Week (IESW) 2026
Date July 8, 2026 to July 10, 2026
Venue India International Convention & Expo Centre (IICC), Yashobhoomi, New Delhi
Stall Location Hall 1, Stall No. 4
Exhibits Battery Energy Storage System (BESS) and related solutions

Historical Stock Returns for Pace Digitek

1 Day5 Days1 Month6 Months1 Year5 Years
+1.39%-3.30%+11.66%+24.96%-5.85%-5.85%

What specific technological advancements in Pace Digitek's BESS solutions will be showcased compared to previous iterations?

How might this exhibition influence Pace Digitek's market share and competitive positioning in the Indian energy storage sector?

Are there any anticipated partnerships or collaborations expected to be announced during the event?

Pace Digitek unit advances BESS capacity to 10 GWh by Q3 FY27

3 min read     Updated on 30 Jun 2026, 02:20 AM
scanx
Reviewed by
Ashish TScanX News Team
AI Summary

Pace Digitek reported a 10.1% YoY rise in PAT to ₹307.3 crore for FY26, with revenue increasing 8.3% to ₹2,641.3 crore. The company's order book stands at ₹11,338 crore, including 5.32 GWh of executable energy orders. Its subsidiary, Lineage Power, is expanding BESS manufacturing capacity to 10 GWh by Q3 FY27, with an additional 2.5 GWh line expected to be commissioned in July 2026.

powered bylight_fuzz_icon
43684035

*this image is generated using AI for illustrative purposes only.

Pace Digitek reported a 10.1% year-on-year increase in profit after tax to ₹307.3 crore for the financial year ended March 31, 2026, driven by growth in its energy and telecom infrastructure businesses. Revenue from operations rose 8.3% to ₹2,641.3 crore during the same period. The company's total order book stood at ₹11,338 crore as of May 25, 2026, providing significant earnings visibility for the coming years.

Financial Performance

For the fourth quarter of FY26, revenue surged 60.5% year-on-year to ₹1,096.8 crore, while profit after tax increased 88.1% to ₹105.9 crore. EBITDA for the quarter grew 114% to ₹163.2 crore, with margins expanding to 14.9%. On a full-year basis, EBITDA stood at ₹455.2 crore, with a margin of 17.2%. The balance sheet reflects a strengthened equity base post-IPO, with total equity reaching ₹2,252.2 crore. Net debt stood at ₹191.6 crore, resulting in a net debt-to-equity ratio of 0.09x. The company deployed ₹417.3 crore of IPO proceeds towards the MSEDCL BESS project capex by the end of FY26.

Particulars (₹ Cr): FY2026 FY2025 YoY Change
Revenue from operations: 2,641.3 2,438.8 8.3%
EBITDA: 455.2 481.7 (5.5)%
Profit After Tax: 307.3 279.1 10.1%

Order Book and Business Segments

The diversified order book of ₹11,338 crore is split between Energy (78.1%) and Telecom & ICT (21.9%). In the Energy segment, the company has secured 5.32 GWh of executable orders across Build-Own-Operate (BOO), EPC, and supply models, totalling ₹8,854 crore. The Telecom & ICT segment contributes ₹2,484 crore to the order book, driven by projects for clients such as BSNL and Railtel.

Segment: Order Book Value (₹ Cr) Percentage
Energy: 8,854 78.1%
Telecom & ICT: 2,484 21.9%
Total: 11,338 100%

GigaFactory Expansion and Revenue Guidance

Pace Digitek is advancing its GigaFactory expansion with defined capacity milestones, targeting 2.5 GWh of battery manufacturing capacity by Q2 FY27 and 5 GWh of backward integration by Q3 FY27. This is part of the company's broader plan to scale BESS manufacturing capacity from 2.5 GWh to 10 GWh to support the growing order book. The company had commissioned a large-scale BESS manufacturing facility at Bidadi, Karnataka, in FY25. Management has provided revenue guidance of ₹3,200–3,400 crore for FY27 and ₹4,000–4,200 crore for FY28, underpinned by the strong order book and structural demand for energy transition infrastructure.

BESS Capacity Scale-Up

Pace Digitek's material subsidiary, Lineage Power Private Limited, is progressing towards a total manufacturing capacity of 10 GWh by Q3 FY27. Installation and commissioning activities for an additional 2.5 GWh manufacturing line are in advanced stages, with completion expected in July 2026. This expansion will increase the total installed capacity from 2.5 GWh to 5 GWh. Infrastructure development for the next 5 GWh phase is substantially complete, with production line orders placed and operations targeted for Q3 FY27. Additionally, a dedicated container fabrication facility is expected to become operational in Q2 FY27 to enhance backward integration and supply chain control.

Expansion Milestone: Details
Additional 2.5 GWh Line: Commissioning expected July 2026
Total Capacity Post-July: 5 GWh
Next Expansion Phase: 5 GWh targeted for Q3 FY27
Total Capacity Target: 10 GWh by Q3 FY27
Container Fabrication Facility: Operational in Q2 FY27
Manufacturing Facility: Bidadi, Karnataka
FY27 Revenue Guidance: ₹3,200–3,400 crore
FY28 Revenue Guidance: ₹4,000–4,200 crore

Historical Stock Returns for Pace Digitek

1 Day5 Days1 Month6 Months1 Year5 Years
+1.39%-3.30%+11.66%+24.96%-5.85%-5.85%

How will the rapid capacity expansion to 10 GWh impact Pace Digitek's working capital requirements and potential need for future fundraising?

What is the company's strategy for managing raw material supply chain risks as it scales battery manufacturing to 10 GWh by Q3 FY27?

Will the current net debt-to-equity ratio of 0.09x rise significantly as the company funds the remaining phases of its GigaFactory expansion?

More News on Pace Digitek

1 Year Returns:-5.85%