Pace Digitek Ltd. reported FY26 revenue of Rs. 2,641.3 crore, an 8.3% rise. Profit After Tax increased by 10.1% to Rs. 307.3 crore. The company also holds a robust order book of Rs. 11,338 crore, providing multi-year visibility. Management provided ambitious revenue guidance for FY27 and FY28.
Pace Digitek Ltd. FY2026 Financial Update
Revenue (FY2026): Rs. 2,641.3 Cr
Profit After Tax (FY2026): Rs. 307.3 Cr
Reader Takeaway: Strong revenue and PAT growth driven by order book execution; focus on capacity expansion and annuity model.
What just happened
Pace Digitek Limited announced its financial results for the fiscal year ending March 31, 2026. The company reported revenues from operations of Rs. 2,641.3 crore, an increase of 8.3% from Rs. 2,438.8 crore in FY2025. Profit After Tax (PAT) saw a 10.1% rise, reaching Rs. 307.3 crore, up from Rs. 279.1 crore in the previous fiscal year. However, EBITDA experienced a marginal decrease of 5.5%, from Rs. 481.7 crore to Rs. 455.2 crore.
Why this matters
The results indicate steady growth in top-line and bottom-line for Pace Digitek. The substantial order book of Rs. 11,338 crore provides significant revenue visibility for the coming years. Management's clear revenue guidance for FY27 and FY28 suggests confidence in sustained growth, while the strategic shift towards an annuity-based Build-Own-Operate (BOO) model aims for long-term stable cash flows. This strategic evolution, coupled with capacity expansion in BESS manufacturing, positions the company for future value creation.
The backstory
Pace Digitek operates in two key segments: energy-related projects (BOO, EPC, Supply) and Telecom & ICT infrastructure. The company is undergoing a strategic transformation, moving from a pure EPC model to an integrated approach that includes manufacturing and BOO. Significant capital expenditure is underway for expanding its BESS manufacturing capacity from 2.5 GWh to 10 GWh. A portion of IPO proceeds has been deployed towards the MSEDCL BESS project.
What changes now
The company is focusing on executing its large order book and scaling up its BESS manufacturing. The transition to the BOO model is expected to change the revenue stream towards more predictable, annuity-based income. Management has provided specific revenue guidance for FY27 (Rs. 3,200–3,400 crore) and FY28 (Rs. 4,000–4,200 crore), setting clear growth targets.
Risks to watch
Investors should closely monitor the timely commissioning of new manufacturing facilities, with target dates set for FY27. Additionally, the slight decline in EBITDA, despite revenue growth, warrants attention as the company ramps up its manufacturing operations and scales capacity.
Context metrics (time-bound)
- As of May 25, 2026, the total order book stood at Rs. 11,338 crore.
- FY2026 Revenue: Rs. 2,641.3 crore (up 8.3% YoY).
- FY2026 Profit After Tax: Rs. 307.3 crore (up 10.1% YoY).
- FY2026 EBITDA: Rs. 455.2 crore (down 5.5% YoY).
- Revenue Guidance FY27E: Rs. 3,200 – 3,400 crore.
- Revenue Guidance FY28E: Rs. 4,000 – 4,200 crore.
- BESS manufacturing capacity expansion target: 10 GWh (from 2.5 GWh).
What to track next
Investors will be keen to see updates on the commissioning of new manufacturing facilities and the progress in securing and executing BOO projects. Monitoring margin trends, particularly EBITDA, will be crucial as the company expands its operational scale.