Company Overview
Pace Digitek Limited (formerly known as Pace Digitek Private Limited and Pace Digitek Infra Private Limited) is an integrated infrastructure platform with presence across manufacturing, EPC execution, and O&M services in both energy and telecom sectors. The company's registered office is at Plot No. V-12, Industrial Estate, Kumbalgodu, Mysore Highway, Bangalore - 560 074. CIN: L31909KA2007PLC041949.
Business Segments
Energy Business
Pace Digitek operates an integrated energy platform spanning manufacturing → EPC → BOO (annuity model) with focus on Battery Energy Storage Systems (BESS). The business model includes:
- BESS Manufacturing Platform: 5→10 GWh scale-up with cost leadership and supply chain control
- EPC: Integrated execution platform with 7-10% margin
- Asset Ownership: Long-term contracted revenue with equity IRR of 13-14%
The company manufactures BESS DC Blocks, Power Conversion Systems, and Energy Management Systems.
Telecom Business
The company provides comprehensive end-to-end telecom infrastructure solutions including manufacturing, EPC execution, O&M, and lifecycle services. The platform covers telecom tower infrastructure, OFC networks, ICT solutions, and power management with recurring revenue streams from 1-5 year warranty, AMC, O&M, and upgrade contracts.
Order Book Status (as of June 30, 2026)
Total Consolidated Order Book: ₹108,033 million
Energy Segment Order Book: ₹84,530 million
| Client | Project Type | Scope | Capacity (GWh) | Value (₹ Mn) |
| KPTCL/KREDL | Standalone BESS | BOO | 0.50 | 7,000 |
| KPTCL/KREDL | Solar + BESS | BOO | 1.10 | 17,750 |
| KPTCL/KREDL | Solar + BESS | BOO | 2.50 | 40,740 |
| SECI | Standalone BESS | EPC | 1.20 | 11,593 |
| MAHAGENCO | Solar EPC | EPC | - | 9,200 |
| NLC India | Standalone BESS | EPC | 0.50 | 7,099 |
| DVC | Standalone BESS | EPC | 0.50 | 7,020 |
| NTPC | Standalone BESS | EPC | 0.40 | 5,836 |
| Bondada | Solar BOS | EPC | - | 2,920 |
| Yaqin Chem | Standalone BESS | Supply | 0.0037 | 123 |
EPC Total: 2.60 GWh capacity, ₹43,667 million value
Telecom & ICT Segment Order Book: ₹23,503 million
| Client | Project Type | Scope | Value (₹ Mn) |
| BSNL | Telecom Infra | EPC + O&M | 14,110 |
| RNS | Telecom Infra | EPC + O&M | 1,149 |
| TANFINET | OFC Network | EPC + O&M | 444 |
| EPC + O&M Total | | | 15,703 |
| BSNL | OFC Network | EPC | 2,647 |
| Railtel | ICT | EPC | 515 |
| Indian Railways | Railway Kavach | EPC | 226 |
| EPC Total | | | 3,388 |
| BSNL | Power Management | Supply | 389 |
| Reliance | Power Management | Job Work | 1,200 |
| BSNL | Power Management | Supply | 800 |
| Supply & Job Work Total | | | 2,389 |
| Tata Teleservices | Telecom O&M | O&M | 1,923 |
| Others | | | 101 |
Execution Updates
MSEDCL Standalone BESS BOO Project
- 39 of 75 sites operational
- 375 MWh BESS capacity added in Q1 FY27
- Execution progressing ahead of planned schedule
- O&M support includes centralized C-NOC monitoring, specialized mobile service vehicles with critical spare parts, 24×7 field service support, rapid response deployment, and scheduled preventive maintenance
Other Energy Projects
SECI (Solar + BESS BOO) | 100 MW Solar + 50 MW/100 MWh BESS
- PPA executed
- Engineering and major project layouts completed
- Site development and civil works progressing
KPTCL (Standalone BESS BOO) | 250 MW/500 MWh
- BESPA executed
- Land allotted and layouts approved for all project sites
- Civil works commenced including container and PCS foundations
Bondada (Solar EPC) | 300 MW
- Site mobilization and major equipment procurement completed
- Civil works, grading & piling progressing as planned
MAHAGENCO (Solar EPC) | 200 MW
- Identified land for project sites
- Technical feasibility report completed; awaiting grid connectivity
- Preliminary engineering work completed
- Sourcing of solar panels
Manufacturing Capacity Expansion
- Expanding BESS manufacturing capacity from 5 GWh to 10 GWh
- Backward integration for container fabrication
- Developing indigenous cell manufacturing capabilities
- Pace-Lineage Research Center in Pune strengthening R&D and product-development capabilities with IISER Pune
Financial Performance
Q1 FY27 Consolidated Results
| Particulars (₹ Million) | Q1 FY2027 | Q1 FY2026 | YoY Change | Q4 FY2026 | QoQ Change |
| Revenue from operations | 5,554 | 3,671 | 51.3% | 10,968 | (49.4)% |
| Gross profit | 1,555 | 1,171 | 32.8% | 2,491 | (37.6)% |
| Gross profit margin | 28.0% | 31.9% | | 22.7% | |
| EBITDA | 861 | 801 | 7.5% | 1,632 | (47.3)% |
| EBITDA margin | 15.5% | 21.8% | | 14.9% | |
| PAT | 625 | 547 | 14.3% | 1,059 | (41.0)% |
| PAT margin | 11.3% | 14.9% | | 9.7% | |
Energy contributed 79.5% of Q1 FY27 revenue. Q1 FY27 revenue execution excludes aggregating sales of ₹208 million not included in the opening order book as of March 31, 2026.
Historical Financial Trends (Consolidated)
Annual Income Statement (₹ Million)
| Particulars | FY2023 | FY2024 | FY2025 | FY2026 |
| Revenue | 5,032 | 24,345 | 24,388 | 26,413 |
| Gross Profit | 1,423 | 5,560 | 7,153 | 6,765 |
| EBITDA | 283 | 3,980 | 4,817 | 4,552 |
| EBITDA Margin | 6% | 16% | 20% | 17% |
| PAT | 165 | 2,299 | 2,791 | 3,073 |
| EPS (₹) | 0.95 | 14.63 | 16.30 | 15.11 |
Balance Sheet Highlights (₹ Million)
| Particulars | FY2023 | FY2024 | FY2025 | FY2026 |
| Total Equity | 3,352 | 5,672 | 12,090 | 22,522 |
| Total Assets | 8,401 | 22,539 | 26,490 | 53,133 |
| Trade Receivables | 3,943 | 10,764 | 18,431 | 24,421 |
| Cash & Equivalents | 103 | 957 | 784 | 2,700 |
Strategic Direction
Going Forward Strategy
1. Manufacturing Scale & Integration: Expanding BESS manufacturing capacity to 10 GWh, backward integration for container fabrication, developing indigenous cell manufacturing capabilities
2. Renewable Energy Platform: Creating asset-holding and project development company for renewable projects, portfolio level financing, strengthening AI data center power infrastructure capabilities
3. Telecom Business Expansion: Enhancing execution scale across ongoing and repeat telecom deployments, increasing participation in telecom EPC project opportunities
4. International Market Presence: Expanding presence in Saudi Arabia, Kenya and other African markets for telecom infrastructure and BESS solutions
Competitive Strengths
1. Integrated Infrastructure Platform spanning Manufacturing + EPC + O&M across telecom and energy
2. Early Mover in BESS with execution track record
3. Backward-Integrated Manufacturing with 5→10 GWh capacity
4. Strong Order Book of ₹108,033 million providing high earnings visibility
5. Longstanding Client Relationships with leading telecom operators and public-sector entities
6. Pan-India Execution with select international presence in Africa and Myanmar
Board of Directors
- Mr. Venugopalrao Maddisetty: Chairman & Managing Director, 20+ years experience
- Ms. Padma Venugopal Maddisetty: Whole-time Director, 20+ years experience
- Mr. Rajiv Maddisetty: Whole-time Director, 5+ years experience
- Mr. Satishchandra B Ogale: Independent Director, 25+ years experience in scientific research
- Mr. Om Prakash Mishra: Independent Director, 37 years banking experience
- Mr. Prabhakar Reddy Patil: Independent Director, 25+ years financial markets experience
- Ms. Maya Swaminathan Sinha: Additional Director (Independent), 28+ years public administration experience
Disclaimer Notes
The presentation contains forward-looking statements subject to risks and uncertainties. It does not constitute an offer or invitation to purchase securities and should not be used as a basis for investment decisions. Information is current as of August 2026 and has not been independently verified.