PACEDIGITK
Pace Digitek share price & financials
- Price
- ₹201.98
- Market cap
- ₹3.9k Cr
- Sector
- Telecommunication
- Calls analysed
- 4
Pace Digitek Limited Q1 FY27
What went well
- Consolidated revenue from operations grew 51.3% YoY to ₹555 crores in Q1 FY27.
- EBITDA margin expanded by 60 bps QoQ to 15.5% in Q1 FY27.
- Profit after tax increased 14.5% YoY to ₹63 crores, with a margin of 11.3%.
What to watch
- Sequential revenue declined from ₹1,097 crores in Q4 FY26 to ₹555 crores in Q1 FY27 due to project execution timing and milestone-based recognition.
- Operating cash flow has been negative, primarily due to telecom sector receivables and deferred revenue, though expected to turn positive by March 2027.
What Pace Digitek Limited does
Pace Digitek is an integrated telecom-and-energy infrastructure platform that manufactures telecom power systems, lithium-ion batteries and containerized Battery Energy Storage Systems (BESS) at its own Karnataka plants, and separately executes EPC projects for telecom towers, optical fiber networks, power infrastructure, solar plants and grid-scale BESS/transmission-and-distribution assets. Beyond one-time project execution, it also owns and operates select energy assets under a Build-Own-Operate (BOO) model for long-term contracted revenue, and provides post-deployment warranty, AMC and O&M services to telecom operators, PSUs and utilities. The company began as a power-products manufacturer in 2007 and diversified into telecom infrastructure, energy management and BESS manufacturing through subsequent acquisitions and capacity build-outs.
Segments
- Telecom & ICT
- Energy
- Manufacturing facilities
- 3 (2 at Kumbalgodu, 1 at Bidadi, Karnataka)
- Installed capacity - Facility I, Kumbalgodu (telecom passive infra equipment)
- 10,944 units
- Installed capacity - Facility II, Kumbalgodu (Li-ion battery systems & PCS)
- 21,590 units
- Installed BESS manufacturing capacity - Facility III, Bidadi
- 2.5 GWh p.a. (expansion underway to 10 GWh)
- Green-field telecom towers installed to date
- 8,000+
- Industry operating experience
- 18+ years (incorporated 2007)
Guidance record · Q1 FY27
what the last two calls moved 19 tracked 3 delivered 5 missed 11 open- BESS Capacity Expansion Capex missed said Q2 FY26 Promised: INR100 crores Q1 FY27: Missed. Management clarified the total capex for the 10 GWh expansion is about INR 300 crores, three times the original INR 100 crore estimate.
- BESS Capacity Commissioning (10 GWh) delayed said Q2 FY26 Promised: Q3 or Q4 of next financial year (FY27) Q1 FY27: Delayed again. The timeline for the 10 GWh facility was pushed back from October 2026 to 'by beginning of December' 2026.
- Energy Projects Order Book delivered said Q2 FY26 Promised: INR8,000 to INR10,000 crores before end of this financial year Q4 FY26: Achieved. Energy order book stood at INR 8,854 crores as of May 25, 2026, meeting the lower end of the INR 8,000-10,000 crore target range for FY26.
All 19 tracked — every revision, and every one management stopped mentioning.
Open the guidance ledgerQuarterly results
Q1 FY27: revenue up 51.2%, net profit up 12.7% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 846 | 567 | 683 | 367 | 533 −37% | 644 +14% | 1,097 +61% | 555 +51% |
| EBITDA | 187 | 121 | 76 | 80 | 94 −50% | 118 −2% | 163 +114% | 86 +8% |
| Net profit | 102 | 71 | 56 | 55 | 68 −33% | 79 +11% | 106 +89% | 62 +13% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −27.4% 1Y
1Y: ₹217.99 on 6 Oct 2025 → ₹158.33. High ₹227.93 (24 Oct 2025), low ₹141.72 (30 Mar 2026).
How the price took the results
close before → close after
- Q1 FY27
- −6.9%
- 6 Aug
- Q4 FY26
- +5.7%
- 26 May
- Q3 FY26
- +0.3%
- 9 Feb
- Q2 FY26
- +3.6%
- 20 Nov
The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.
Financials, as filed
Revenue grew 8.3% a year over 1 year, FY25 to FY26. Operating margin narrowed to 17.2%.
| Year ending | FY25 | FY26 |
|---|---|---|
| Revenue | ₹2.4k Cr | ₹2.6k Cr |
| Operating profit | ₹481 Cr | ₹455 Cr |
| Operating margin | 19.7% | 17.2% |
| Interest | ₹115 Cr | ₹60 Cr |
| Depreciation | ₹7 Cr | ₹12 Cr |
| Net profit | ₹279 Cr | ₹308 Cr |
| Net margin | 11.4% | 11.7% |
| Cash from operations | ₹-176 Cr | ₹-917 Cr |
| Free cash flow | ₹-212 Cr | ₹-998 Cr |
| ROCE | 41.0% | 21.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Equity capital | ₹5 Cr | ₹5 Cr | ₹5 Cr | ₹36 Cr | ₹43 Cr |
| Reserves | ₹299 Cr | ₹313 Cr | ₹535 Cr | ₹1.3k Cr | ₹2.2k Cr |
| Borrowings | ₹133 Cr | ₹192 Cr | ₹494 Cr | ₹151 Cr | ₹981 Cr |
| Other liabilities | ₹276 Cr | ₹330 Cr | ₹1.2k Cr | ₹1.6k Cr | ₹2.1k Cr |
| Total liabilities | ₹713 Cr | ₹840 Cr | ₹2.3k Cr | ₹3.0k Cr | ₹5.3k Cr |
| Fixed assets | ₹142 Cr | ₹139 Cr | ₹139 Cr | ₹215 Cr | ₹209 Cr |
| Capital work in progress | ₹6 Cr | ₹10 Cr | ₹10 Cr | ₹59 Cr | ₹38 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹565 Cr | ₹692 Cr | ₹2.1k Cr | ₹2.7k Cr | ₹5.1k Cr |
| Total assets | ₹713 Cr | ₹840 Cr | ₹2.3k Cr | ₹3.0k Cr | ₹5.3k Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Dec 2025, FIIs trimmed −1.33 pp while the public added +1.14 pp. The shareholder count grew 19% to 94,368.
- Promoters
- 69.5%
- FIIs
- 1.0%
- DIIs
- 5.4%
- Public
- 24.1%
Since Dec 2025
- FIIs −1.33 pp
- Public +1.14 pp
- DIIs +0.18 pp
How it drifted, 3 quarters
Over this window FIIs fell from 2.3% to 1.0% — −1.3 pp.
Ownership split by quarter, oldest first. Dec '25: Promoters 69.5%, FIIs 2.3%, DIIs 5.2%, Public 23.0%.Mar '26: Promoters 69.5%, FIIs 0.6%, DIIs 6.0%, Public 23.9%.Jun '26: Promoters 69.5%, FIIs 1.0%, DIIs 5.4%, Public 24.1%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Bandhan Small Cap Fund Mutual fund +0.11 pp 3.71% held
The same filing shows 0 holders trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Pace Digitek Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Maddisetty Venugopal Rao | 23.18% | unchanged |
| Padma Venugopal Maddisetty | 23.16% | unchanged |
| Rajiv Maddisetty | 11.60% | unchanged |
| Lahari Maddisetty | 11.58% | unchanged |
| Bandhan Small Cap Fund Mutual fund | 3.71% | +0.11 pp |
| G K Tobacco Industries Private Limited | 1.62% | unchanged |
| HKM Aqua Farms | 0.00% | unchanged |
| HKM Exports | 0.00% | unchanged |
| Mudduluru Infratech | 0.00% | unchanged |
| Pace Power Systems | 0.00% | unchanged |
| Ghousia Estate | 0.00% | unchanged |
| Kanteli Estate | 0.00% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
All earnings calls (4)
Read the Q1 FY27 call →Learn to analyse Pace Digitek Limited
Guides on how to read this kind of business and the numbers that matter.