Financial Performance Summary

Quarterly Results (Q2 FY27 vs Q2 FY26)

  • Revenue from operations: ₹808 crore (vs ₹533 crore), up 51.5% YoY
  • EBITDA: ₹159 crore (vs ₹94 crore), up 68.5% YoY
  • EBITDA margin: 19.6% (vs 17.6%)
  • Profit After Tax: ₹97 crore (vs ₹68 crore), up 43.3% YoY
  • PAT margin: 12.0% (vs 12.7%)
  • Profit Before Tax: ₹130 crore

Half-Yearly Results (H1 FY27 vs H1 FY26)

  • Revenue from operations: ₹1,364 crore (vs ₹901 crore), up 51.4% YoY
  • EBITDA: ₹245 crore (vs ₹174 crore), up 40.5% YoY
  • EBITDA margin: 17.9% (vs 19.3%)
  • Profit After Tax: ₹160 crore (vs ₹123 crore), up 30.4% YoY
  • PAT margin: 11.7% (vs 13.6%)
  • Profit Before Tax: ₹212 crore

Sequential Performance (Q2 FY27 vs Q1 FY27)

  • Revenue from operations: ₹808 crore (vs ₹555 crore), up 45.5% QoQ
  • EBITDA: ₹159 crore (vs ₹86 crore), up 84.2% QoQ
  • EBITDA margin: 19.6% (vs 15.5%)
  • Profit After Tax: ₹97 crore (vs ₹63 crore), up 55.6% QoQ
  • PAT margin: 12.0% (vs 11.3%)

Operational Highlights

Energy Business (H1 FY27)

  • Commissioned 875 MWh of BESS capacity
  • Order inflows: ₹2,173 crore
  • Major project wins:
  • Two 250 MW / 500 MWh BESS EPC projects from NLC India (₹709.9 crore)
  • BESS EPC project from DVC (₹702 crore)
  • 57.5 MW / 115 MWh BESS BOOT project from BSES Rajdhani Power (₹179.4 crore)
  • BESS supply orders from NGSL and Kalpa Power (₹581.4 crore)

Telecom & ICT Business (H1 FY27)

  • Transitioned to operations and maintenance phase for BSNL 4G Saturation Project and TANFINET OFC rollout
  • Order inflows: ₹265 crore
  • Primary order: BharatNet OFC EPC order (₹264.7 crore), currently in survey phase

Order Book Position

As of September 30, 2026, executable order book stood at ₹10,735 crore:

  • Energy segment: ₹8,528 crore
  • Telecom & ICT segment: ₹2,208 crore

Manufacturing Expansion

  • Line 2 (2.5 GWh) commissioned in August 2026, doubling operational BESS manufacturing capacity from 2.5 GWh to 5 GWh
  • H1 FY27 production: 0.844 GWh (94% of FY26 full-year production)
  • Line 3 (5 GWh capacity) under implementation, targeting December 2026 commissioning
  • Total planned BESS manufacturing capacity to reach 10 GWh
  • Developed in-house BESS container prototype with trial production scheduled for November 2026, full-scale production from January 2027
  • Facility expected to meet approximately 50% of container requirements
  • Developed 261 kWh BESS cabinets for C&I segment with completed customer trials

Financial Position

  • Cash and bank balances: ₹515 crore
  • Net Debt-to-Equity ratio: 0.35x
  • Continued investments in manufacturing expansion and project execution

Business Outlook and Guidance

  • Revised FY27 revenue guidance upward to ₹3,300-3,500 crore (from ₹3,200-3,400 crore earlier)
  • FY28 revenue expectation: ₹4,000-4,200 crore
  • Focus areas: operational efficiency, localization, disciplined execution, working capital management
  • Expansion across BESS manufacturing, EPC, BOO, and lifecycle services

Management Commentary

Mr. Maddisetty Venugopal Rao, Chairman & Managing Director, highlighted the scale-up of Energy business and strength of Telecom & ICT operations. He emphasized the company's evolution from telecom roots to integrated energy and infrastructure solutions company, with focus on raising execution standards, improving operational efficiency, and strengthening integration.

Additional Information

Document includes safe harbor statement regarding forward-looking statements. Results are unaudited. Press release also available on company website at https://www.pacedigitek.com.