Pace Digitek Limited , a Bengaluru-based telecom and energy infrastructure solutions provider, has announced ambitious expansion plans and strong financial performance for Q1 FY26, positioning itself as a key player in India's digital and energy transition.

Expansion and Strategic Initiatives

Pace Digitek is embarking on a significant expansion in the telecom-energy synergy sector, with a focus on Battery Energy Storage System (BESS) manufacturing. The company has established a new BESS manufacturing facility in Bidadi, Karnataka, strengthening its position in the renewable energy storage market. This move aligns with India's push towards clean energy and grid modernization.

In addition to domestic growth, Pace Digitek is expanding its global footprint with projects in Africa and Asia. The company aims to leverage its integrated Engineering, Procurement, Construction - Operations & Maintenance (EPC-O&M) model to achieve a revenue target of ₹25 billion by FY28.

Q1 FY26 Financial Highlights

Pace Digitek has reported robust financial results for the first quarter of FY26:

The company's revenue growth was primarily driven by strong performance in both telecom and energy segments. Despite a decrease in EBITDA, Pace Digitek managed to improve its bottom line, with PAT increasing by 10.26% year-over-year.

Segment-wise Performance

Telecom Segment

The telecom vertical remains the primary revenue generator for Pace Digitek, contributing ₹3,421.19 million to the overall revenue in Q1 FY26. This segment saw an 8.62% increase compared to Q1 FY25, reflecting the company's strong position in telecom infrastructure solutions.

Energy Segment

The energy division, which includes BESS and renewable energy projects, generated revenue of ₹249.61 million in Q1 FY26. While this represents a slight decrease from Q1 FY25, the segment is poised for growth with the new BESS manufacturing facility and expanding project pipeline.

Strategic Outlook

Mr. Venugopal Rao M, Managing Director of Pace Digitek Limited, commented on the company's performance and future plans: "We are pleased to report another quarter of resilient growth and strategic advances at Pace Digitek. Our consolidated revenue from operations stood at ₹3,670.79 million, driven by robust activity across both telecom and energy segments. With a strong order pipeline, prudent financial discipline, and ongoing investments in next-gen infrastructure, Pace Digitek is well poised to capture new opportunities and deliver lasting shareholder value."

The company's recent successful IPO, which raised ₹8,191.48 million, has significantly strengthened its balance sheet, providing capital for future investments in emerging sectors. Pace Digitek is also focusing on enhancing its O&M capabilities across multiple states in India and expanding its market presence in Kenya and other African countries for telecom and BESS solutions.

Conclusion

Pace Digitek's strategic expansion into BESS manufacturing, coupled with its strong financial performance and global project pipeline, positions the company as a key player in India's digital and energy infrastructure landscape. As the company progresses towards its ₹25 billion revenue target by FY28, investors and industry observers will be closely watching its execution of the integrated Manufacturing-EPC-O&M model and its ability to capitalize on the growing demand for telecom and energy storage solutions both domestically and internationally.

Pace Digitek Limited , a Bengaluru-based telecom and energy infrastructure solutions provider, has reported a strong start to the fiscal year, with notable growth in profit after tax (PAT) and a significant order win in the Battery Energy Storage System (BESS) sector.

Financial Performance

In the first quarter, Pace Digitek demonstrated resilient growth:

The company's telecom segment continued to be the primary revenue driver, contributing ₹3,421.19, while the energy segment added ₹249.61 to the total revenue.

Strategic Developments

Major BESS Order

Pace Digitek has secured a significant order from Solar Energy Corporation of India (SECI) for a 600 MW/1,200 MWh Battery Energy Storage System (BESS) project. The order, valued at ₹1,159 crore, includes supply and commissioning of the BESS system along with a 10-year service contract.

IPO Success and Market Debut

The company recently completed its Initial Public Offering (IPO), raising ₹819.15 crore. Pace Digitek's shares were listed on both BSE Limited and NSE Limited, debuting at ₹226.85, a premium of approximately 4% over the issue price.

Expansion Plans

Pace Digitek plans to deploy ₹630 million into its subsidiary, Pace Renewable Energies, to support the MSEDCL BESS project. This project involves the installation of 750 MW of storage across 75 substations in Maharashtra.

Management Commentary

Mr. Venugopal Rao M, Managing Director of Pace Digitek Limited, commented on the quarter's performance: "We are pleased to report another quarter of resilient growth and strategic advances at Pace Digitek. Our consolidated revenue from operations stood at ₹3,670.79 million, driven by robust activity across both telecom and energy segments. With a strong order pipeline, prudent financial discipline, and ongoing investments in next-gen infrastructure, Pace Digitek is well poised to capture new opportunities and deliver lasting shareholder value."

Future Outlook

Pace Digitek is positioning itself as a leader in India's renewable energy infrastructure. The company is pivoting from telecom-centric operations to a balanced portfolio with a target of close to 50% renewable energy share. By building nationwide capabilities in battery storage, Pace Digitek affirms its commitment to sustainability and energy security.

The successful IPO and recent BESS order win underscore the market's confidence in Pace Digitek's business fundamentals and long-term growth strategy. As the company continues to expand its presence in the energy storage sector, it is well-positioned to benefit from India's push towards renewable energy and grid modernization.