Pace Digitek , a key player in the Indian energy and telecom infrastructure sector, has reported significant growth in its order book, driven by major contract wins in the energy storage and solar power segments. The company's strategic moves in the rapidly expanding renewable energy market have positioned it for substantial revenue growth in the coming years.

Key Highlights

• Order Book Expansion: PACE Digitek's total order book has surged to INR 9,135.00 crores, bolstered by recent contract wins.
• Major Contracts: The company secured two significant projects:
  1. A INR 1,159.00 crore battery energy storage project from Solar Energy Corporation of India (SECI)
  2. A INR 920.00 crore solar EPC project from Maharashtra State Power Generation Co. Ltd. (MAHAGENCO)
• Quarterly Performance: Reported revenue of INR 900.00 crores with a PAT margin of 13.61%
• Capacity Expansion: Plans to double its battery energy storage capacity from 5 to 10 gigawatt hours

Contract Details

Financial Performance

Strategic Expansion

PACE Digitek is strategically positioning itself in the high-growth renewable energy sector, with a particular focus on battery energy storage systems (BESS). The company's decision to double its BESS capacity to 10 gigawatt hours underscores its commitment to capitalizing on the increasing demand for energy storage solutions in India's evolving power sector.

Market Outlook

The significant order book growth, particularly in energy storage and solar projects, reflects the robust demand in India's renewable energy sector. As the country pushes towards its clean energy goals, companies like PACE Digitek are well-positioned to benefit from increased investments in grid stability and renewable integration projects.

Investor Implications

1. Growth Potential: The expanded order book provides visibility for strong revenue growth in FY26 and beyond.
2. Margin Performance: The healthy PAT margin of 13.61% indicates efficient operations and potential for sustained profitability.
3. Sector Leadership: PACE Digitek's success in securing large contracts positions it as a key player in India's energy transition.

Investors should monitor the execution of these large projects and the company's ability to maintain margins amidst potential supply chain pressures and competition in the renewable energy sector.

Conclusion

PACE Digitek's recent contract wins and capacity expansion plans highlight its growing prominence in India's renewable energy and energy storage markets. As the company executes its order book and expands its capabilities, it presents an interesting opportunity for investors looking to participate in India's green energy transition. However, as with any rapidly growing sector, investors should remain vigilant about execution risks and evolving market dynamics.

Pace Digitek Limited , a company listed on the Indian stock exchanges, has announced a significant expansion into the renewable energy sector. The company has successfully incorporated a wholly owned subsidiary named TRANSGREENX ENERGY PVT LIMITED on November 22, 2025.

Key Details of the New Subsidiary

Strategic Focus

The newly formed subsidiary is set to operate as an asset-holding and project development company, with a primary focus on the renewable energy sector. Its key objectives include:

1. Identification, acquisition, development, ownership, operation, and management of energy and infrastructure projects.
2. Participation in and implementation of both government and private sector projects.
3. Utilization of various business structures including Special Purpose Vehicles (SPVs), subsidiaries, and joint ventures.

Business Models

YTRANS GREEN X ENERGY PRIVATE LIMITED is positioned to engage in projects under various models, including:

• Build-Own-Operate (BOO)
• Build-Own-Operate-Transfer (BOOT)
• Other public-private partnership arrangements

This strategic move by Pace Digitek signifies its intent to capitalize on the growing opportunities in the renewable energy sector. The establishment of this subsidiary aligns with the global trend towards sustainable and clean energy solutions, potentially opening new avenues for growth and diversification for the parent company.

Investors and stakeholders will likely be keen to observe how this new venture impacts Pace Digitek's overall business strategy and financial performance in the coming years.