Summary of Key Information:
Reporting Period: Quarter and Financial Year ended March 31, 2026
Nature of Filing / Announcement: Outcome of Board Meeting pursuant to Regulation 30 and 33 of SEBI Listing Regulations
Audit Opinion:
Clean audit opinion from SS Kothari Mehta & Co. LLP, Chartered Accountants. No qualifications or modifications.
Key Financial Highlights [₹ in million]:
Standalone Results:
Quarter ended March 31, 2026:
- Revenue from Operations: ₹4,870.37
- Total Income: ₹5,038.37
- Net Profit: ₹406.18
- EPS: ₹2.06 (basic and diluted)
Year ended March 31, 2026:
- Revenue from Operations: ₹17,108.08
- Total Income: ₹17,576.75
- Net Profit: ₹2,464.80
- EPS: ₹12.52 (basic and diluted)
- Other Equity: ₹19,272.52
- Cash and Cash Equiguivalents: ₹458.98
- Total Debt: ₹1,720.57 (Short-term: ₹1,646.26, Long-term: ₹74.31)
Consolidated Results:
Quarter ended March 31, 2026:
- Revenue from Operations: ₹10,967.79
- Total Income: ₹11,169.32
- Net Profit: ₹1,059.21
- EPS: ₹5.04 (basic and diluted)
Year ended March 31, 2026:
- Revenue from Operations: ₹26,412.70
- Total Income: ₹26,873.78
- Net Profit: ₹3,072.64
- EPS: ₹15.11 (basic and diluted)
- Other Equity: ₹21,641.28
- Cash and Cash Equivalents: ₹2,699.72
- Total Debt: ₹9,607.28 (Short-term: ₹3,540.12, Long-term: ₹6,067.16)
Segment-wise Performance:
Energy Segment:
- Q4 FY26 Revenue: ₹14,022.15 million
- FY26 Revenue: ₹18,406.97 million
- FY26 Segment Profit: ₹1,640.38 million
Telecom Segment:
- Q4 FY26 Revenue: ₹1,412.87 million
- FY26 Revenue: ₹14,886.66 million
- FY26 Segment Profit: ₹3,570.48 million
Others Segment:
- FY26 Revenue: ₹66.63 million
- FY26 Segment Profit: ₹1.69 million
Corporate Actions:
- Dividend: Not declared
- IPO Completion: Completed Initial Public Offer of ₹8,191.48 million through issue of 37,409,047 equity shares of face value ₹2 each
- Share Issue: Fresh issue of 37,353,967 equity shares at premium of ₹217 per share and 55,080 equity shares for employees at premium of ₹197 per share
Other Significant Information:
IPO Fund Utilization:
- Capital Expenditure for subsidiary: ₹6,300.00 million allocated, ₹4,172.72 million utilized
- General Corporate Purpose: ₹1,158.84 million allocated, ₹1,149.61 million utilized
- Share issue expenses: ₹733.14 million allocated, ₹712.42 million utilized
- Unutilized amount: ₹2,156.72 million in bank accounts
Subsidiary Formations:
- Transgreenx Energy Private Limited (November 22, 2025)
- Lineage Defence and Aerospace Private Limited (December 23, 2025)
- Pace Ecoplanet Solace Private Limited (January 05, 2026)
- Pace Foundation CSR trust (December 11, 2025)
- Pace KR Solar BESS Private Limited (February 26, 2026)
Regulatory Impact:
Implementation of New Labour Codes effective November 21, 2025 resulted in recognition of past service cost in profit and loss statement
Subsidiary Financing:
- PREPL received loan sanction of ₹12,215 million from IREDA for BESS project
- Received ₹6,060 million loan outstanding as of March 31, 2026
- Received grant of ₹405 million from MSEDCL on October 16, 2025
Entities Included in Consolidation:
- Pace Digitek Limited (Parent)
- Lineage Power Private Limited
- Pace Renewable Energies Private Limited
- AP Digital Infra Private Limited (struck off w.e.f January 20, 2026)
- Inso Pace Private Limited
- Lineage Power Holdings (Singapore) Pte Limited
- TransGreenx Energy Private Limited
- Lineage Defence And Aerospace Private Limited
- Pace Ecoplanet Solace Private Limited
- Lineage Power Myanmar Limited (Step-Down Subsidiary)