544550
Pace Digitek Ltd
BSELast Traded Price
₹176.80
-2.20 (-1.23%)
Open
₹179.95
High
₹181.05
Low
₹175.70
Prev Close
₹179.00
Industry
Telecommunication
Market Cap
3,816.25 Cr
Filing History
Recent corporate announcements and filings for 544550
Governance
Neutral
2026-08-27 23:40
- Intimation of the 19th Annual General Meeting (AGM) to be held on Monday, September 21, 2026, at 11:30 A.M (IST) via Video Conferencing/OAVM.
- The Annual Report for Financial Year 2025-26 is available via a weblink.
- Shareholders are reminded to update KYC details and dematerialise physical securities.
Business Update
Negative
2026-08-27 23:31
CRITICAL RED FLAG DETECTED
- Pace Digitek Limited filed its Business Responsibility and Sustainability Report for FY 2025-26.
- The company incurred penalties totaling ₹53.27 Lacs from the Registrar of Companies for non-compliance with CSR obligations under Section 135(5) of the Companies Act, 2013.
Business Update
Neutral
2026-08-24 17:26
- Analyst/Institutional Investor Meeting Schedule
- Date: Thursday, 27th August 2026
- Time: 10:00 AM
- Event: DAM Capital Renewable Energy Conference
- Type: In-Person (Group and One-on-One meetings)
- Location: Mumbai
Business Update
Positive
2026-08-24 17:16
- Order Win: Pace Digitek Limited (through its subsidiary Lineage Power Private Limited) won an order from Kalpa Power Private Limited (KPPL) for supply and commissioning support of a Battery Energy Storage System (BESS).
- Order Value: ₹92.9 crore (including GST).
- Completion Timeline: Scheduled for completion by 31 December 2026.
Business Update
Positive
2026-08-21 16:32
- Pace Digitek Limited incorporated a Wholly Owned Subsidiary, 'TransgreenX Asset Holdco Private Limited,' on August 20, 2026, focused on the Renewable Energy Sector. It will act as an asset-holding and project development company.
- The company also completed the acquisition of the entire equity shareholding of M/s. Inso Pace Private Limited, making it a Wholly Owned Subsidiary.
Business Update
Positive
2026-08-21 13:57
- Order Win: Pace Digitek Limited's material subsidiary, Lineage Power Private Limited, won an order from Kalpa Power Private Limited (KPPL).
- Order Value: ₹929.25 Million (including GST).
- Project Details: For the supply and commissioning support of a Battery Energy Storage System (BESS) of 100 MWh capacity.
- Completion Timeline: To be completed by December 31, 2026.
Business Update
Positive
2026-08-19 19:03
- Pace Digitek Limited submitted an Investor's Presentation dated August 19, 2026, outlining its business model and growth opportunities.
- The company reported an order book of ₹108,033 million.
- Pace Digitek is undertaking a BESS manufacturing capacity expansion from 5 to 10 GWh.
- India's BESS market is projected for 6.8x growth between FY2027 and FY2032, driven by policy tailwinds such as Viability Gap Funding and PLI schemes.
- Sustained demand in telecom infrastructure, fueled by 5G expansion, tower fibreisation, and government initiatives like BharatNet, is another key growth driver.
- The company targets margins of 12-14% for Supply (manufacturing & sales), 7-10% for EPC (engineering & construction), and 13-14% Equity IRR for Build-Own-Operate (BOO) projects.
Business Update
Neutral
2026-08-14 18:50
- Concall Schedule
- Concall Date: Thursday, 20th August 2026
- Concall Time: 10:00 AM
- Event: Kotak Securities – Manufacturing Forum 2026 (In-Person Group and One-on-One meetings)
Business Update
Positive
2026-08-12 19:54
- FY27 revenue guidance of ₹3,200-3,400 crore.
- Strong executable order book of ₹10,803 crore (₹8,453 Cr energy, ₹2,350 Cr telecom ICT) provides robust revenue visibility.
- Expanding BESS manufacturing capacity from 5 GWh to 10 GWh by December 2026, aiming to be the largest operational facility in India.
- Initiated in-house container manufacturing for BESS; batch production expected from next month.
- Applying for 4 GWh PLI scheme for cell manufacturing and established a research center for indigenous cell technology.
- Targeting 40-45% of total FY27 revenue in H1, aiming for a more even spread between H1 and H2 compared to previous year.
- Expect revenue mix to shift towards 65-70% energy and 30-35% telecom by year-end, from the current 80:20 mix.
- EBITDA margin improved sequentially to 15.5% in Q1 FY27; targeting PAT margins of 10.5-11% for BESS projects.
Business Update
Neutral
2026-08-06 17:58
- Audio recording of the investor call held on August 06, 2026, at 12:00 PM is now available.- The call discussed the unaudited consolidated and standalone financial results for the quarter ended June 30, 2026.- The recording can be accessed at: https://www.pacedigitek.com/pdf/Stock-Exchange-Compliance/Others/Q1%20Earning%20call-%20Audio%20recording.mp3
Financials
Positive
2026-08-05 20:04
- Consolidated Revenue ₹555.4 Cr vs ₹367.1 Cr (▲51.3% YoY)
- EBITDA ₹86.1 Cr vs ₹80.1 Cr (▲7.5% YoY)
- PAT ₹62.5 Cr vs ₹54.7 Cr (▲14.3% YoY)
- EBITDA Margin 15.5% vs 21.8% (▼630bps)
Financials
Neutral
2026-08-05 18:01
- Consolidated Revenue ₹555.36Cr vs ₹367.08Cr (▲51.29% YoY)
- EBITDA ₹86.07Cr vs ₹80.05Cr (▲7.51% YoY)
- PAT ₹62.51Cr vs ₹54.70Cr (▲14.28% YoY)
- EBITDA Margin 15.50% vs 21.81% (▼631bps)
Financials
Positive
2026-08-05 17:50
- Consolidated Revenue ₹555.36 Cr vs ₹367.08 Cr (▲51.3% YoY)
- Consolidated EBITDA ₹86.07 Cr vs ₹80.05 Cr (▲7.5% YoY)
- Consolidated PAT ₹62.51 Cr vs ₹54.70 Cr (▲14.3% YoY)
- Consolidated EBITDA Margin 15.5% vs 21.8% (▼630 bps)
Business Update
Positive
2026-08-04 11:14
- Pace Digitek's subsidiary Lineage Power Private Limited commissioned an additional 2.5 GWh Battery Energy Storage System (BESS) manufacturing line.
- This expands the Group's total BESS manufacturing capacity from 2.5 GWh to 5 GWh.
- The expansion aims to support growing order book, project pipeline, and product supplies.
Business Update
Neutral
2026-08-01 15:36
- Concall Schedule
- Concall Date: August 06, 2026
- Concall Time: 12:00 PM (IST)
- Universal Access: 022 6280 1386 / 022 7115 8287
Governance
Neutral
2026-07-29 22:00
- Board of Directors meeting scheduled for August 05, 2026.
- To consider and approve Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026.
- The trading window closed from July 01, 2026, and will re-open 48 hours after results declaration.
Business Update
Positive
2026-07-28 14:51
- Pace Digitek Limited's subsidiary, Lineage Power Private Limited, crossed the milestone of manufacturing 300 utility-scale Battery Energy Storage System (BESS) containers. This represents approximately 1.5 GWh of battery energy storage capacity. The company is also expanding its BESS manufacturing footprint.
Governance
Positive
2026-07-24 16:00
- Pace Digitek Limited announced on July 24, 2026, that all five resolutions proposed via postal ballot have been duly passed by shareholders.
- Resolutions include approval of three material related party transactions and the 'Pace Digitek Employee Stock Option Plan 2026' (PDL ESOP 2026), including its extension to subsidiary employees.
- All resolutions passed with significant majority.
Business Update
Positive
2026-07-21 11:54
- Pace Digitek's subsidiary, Lineage Power Private Limited, established a dedicated R&D Centre in Pune to strengthen capabilities in advanced battery technologies and energy storage solutions.
- They also collaborated with the Indian Institute of Science Education and Research (IISER), Pune, for research on advanced battery technologies and materials, aiming to bolster indigenous technology and local supply chain.
Business Update
Positive
2026-07-20 11:17
- Pace Digitek's subsidiary, Lineage Power Private Limited (LPPL), entered a strategic cooperation agreement with MEGMEET Electrical India Private Limited.
- The agreement expands their existing collaboration to support AI data center power infrastructure capabilities in India.
- MEGMEET will serve as a strategic supplier of AI data center power systems to LPPL.
Business Update
Positive
2026-07-13 11:20
- Pace Digitek's subsidiary, Lineage Power Private Limited (LPPL), signed a strategic MoU with Bondada Renewable Energy Private Limited on July 13, 2026.
- The MoU designates LPPL as a preferred BESS supply partner for integrated BESS solutions, enhancing market reach and product supply ecosystem.
Business Update
Positive
2026-07-10 17:01
- Pace Digitek Limited's material subsidiary, Lineage Power Private Limited, has entered into a Memorandum of Understanding (MOU).
- The MOU is with Bondada Renewable Energy Private Limited.
- Purpose: For the supply of Battery Energy Storage Systems (BESS) and related components.
Business Update
Positive
2026-07-09 18:59
- Pace Digitek's subsidiary, Lineage Power Private Limited, signed two MoUs with Onward Solar Power Private Limited and Kalpa Power Private Limited to be a preferred BESS supply partner, strengthening product supply and accelerating BESS deployment across India.
Business Update
Positive
2026-07-09 18:52
- Pace Digitek Limited's material subsidiary, Lineage Power Private Limited, has entered into a Memorandum of Understanding (MOU).
- The MOU is with M/s. Onward Solar Power Private Limited (OSPPL) and M/s. Kalpa Power Private Limited (KPPL).
- The purpose is for the supply of Battery Energy Storage Systems (BESS), including DC Blocks, C&I BESS cabinets, Residential BESS, PCS, EMS, and battery containers.
- The commercial terms of the MOU will govern the agreement; no specific order value or completion timeline is disclosed.
Business Update
Positive
2026-07-08 14:52
- Pace Digitek's subsidiary, Lineage Power Private Limited (LPPL), completed one year of commercial Battery Energy Storage System (BESS) manufacturing at its Bidadi facility.
- LPPL manufactured over 260 utility-scale BESS containers, representing over 1.25 GWh of integrated BESS capacity, marking a significant achievement in India.
Business Update
Positive
2026-07-03 17:50
- Pace Digitek Limited and its subsidiary Lineage Power Private Limited will participate in the 12th India Energy Storage Week (IESW) 2026.
- The event is scheduled from 8 to 10 July 2026 at India International Convention & Expo Centre (IICC), Yashobhoomi, New Delhi.
- The company will exhibit its Battery Energy Storage System (BESS) and related energy storage solutions at Hall 1, Stall No. 4.
Business Update
Positive
2026-06-29 18:46
- Pace Digitek's subsidiary, Lineage Power, is expanding its BESS manufacturing.
- Additional 2.5 GWh capacity nearing commissioning, increasing total to 5 GWh by July 2026.
- Total capacity targeted to reach 10 GWh by Q3 FY2027.
- A dedicated container fabrication facility is expected in Q2 FY2027.
- Supported by an executable order book of ₹1,13,379 million.
Routine
Neutral
2026-06-29 15:58
- Trading window for designated persons/employees and their relatives to close from July 01, 2026.
- It will remain closed until 48 hours after the announcement of Unaudited Financial Results for the Quarter ended June 30, 2026.
- The date of the Board Meeting to approve the Q1 FY27 results will be intimated separately.
Business Update
Positive
2026-06-29 12:15
- Lineage Power Pvt. Ltd., a material subsidiary of Pace Digitek Limited, entered into a Master Supply Agreement (MSA) with Guangzhou Rongjie Energy Technology Co., Ltd. (RJE Tech).
- RJE Tech will supply 3 GWh of Lithium Iron Phosphate (LFP) battery cells and related accessories to Lineage Power.
- The agreement strengthens Pace Digitek's battery cell sourcing framework, supports its BESS manufacturing platform, and ensures long-term supply chain stability.
Governance
Neutral
2026-06-22 22:28
- Pace Digitek Limited issued a Postal Ballot Notice seeking shareholder approval for material related party transactions with Lineage Power Private, Pace Ecoplanet Solace Private, and Inso Pace Private, totaling approximately ₹5,595 Cr for FY 2026-27.
- The company is also seeking approval for the 'Pace Digitek Employee Stock Option Plan 2026' (PDL ESOP 2026) for up to 20,00,000 equity shares and extending its benefits to employees of its subsidiaries.
- E-voting for these resolutions will commence on June 23, 2026, and conclude on July 22, 2026.
Business Update
Positive
2026-06-20 18:28
- Approved the 'Pace Digitek Employee Stock Option Plan 2026' covering 2 million shares, also extending benefits to subsidiary employees, subject to shareholder approval.
- Approved setting up a Research Centre in Pune focused on clean and renewable energy technologies and indigenous development.
- Approved 7.5 GWh additional BESS manufacturing capacity across existing and new facilities, with an approximate ₹200 Cr investment from internal accruals, targeting FY27 commissioning.
- Approved acquisition of the remaining 49% equity in Inso Pace Private Limited, increasing company's stake to 99.99% for operational efficiency.
- Appointed Ms. Maya Swaminathan Sinha as an Additional Director (Independent Director) for a 5-year term, effective June 20, 2026.
Business Update
Positive
2026-06-20 18:24
- Approved 'Pace Digitek Employee Stock Option Plan, 2026' covering 2,000,000 shares for employees and subsidiaries.
- Approved setting up a Research Centre in Pune for clean and renewable energy technologies.
- Approved existing BESS manufacturing capacity expansion to 5 GWh (investment ~₹200 Cr) and new 5 GWh facility, targeting 10 GWh total by FY2027.
- Approved acquisition of remaining 49% stake in Inso Pace Private Limited, making it a 99.99% Wholly Owned Subsidiary by Dec 2026.
- Approved appointment of Ms. Maya Swaminathan Sinha as an Additional Director for 5 years.
- Approved re-appointment of M/s. Sundaram & Srinivasan as Internal Auditors for FY 2026-27.
Business Update
Positive
2026-06-20 18:19
- Approved a new Research Centre in Pune and 7.5 GWh additional BESS manufacturing capacity, backed by ₹200 Cr via internal accruals, targeting FY2027 commissioning.
- Also approved Employee Stock Option Plan, making Inso Pace Private Limited a Wholly Owned Subsidiary, and appointing an Independent Director.
Business Update
Neutral
2026-06-19 21:16
- Pace Digitek Limited will host an Investor / Analyst Plant Visit for a group meeting.
- Date: June 23, 2026, Tuesday.
- Time: 10:00 A.M. Onwards.
- Venue: Lineage Power Private Limited, Bidadi Industrial Area, Bangalore.
Business Update
Neutral
2026-06-17 17:00
- Investor Meet Schedule
- Meet Date: June 23, 2026, Tuesday
- Meet Time: 09:00 A.M. IST
Business Update
Positive
2026-06-03 19:49
- The company reported strong Q4 and full year FY26 financial results, with significant revenue and profit growth.
- BESS manufacturing capacity is expanding from 2.5 GWh to 5 GWh by July 2026, and to 10 GWh by October 2026, ahead of earlier plans.
- Total executable order book stands at ₹11,338 Cr, with Energy contributing ₹8,854 Cr and Telecom & ICT ₹2,484 Cr.
- Revenue guidance for FY27 is ₹3,200-3,400 Cr and for FY28 is ₹4,000-4,200 Cr.
- PAT margins are expected to be 10-11% for FY27, a slight moderation due to higher contribution from the energy segment.
- An exclusive OEM access partnership with NEC XON for African markets is expected to generate 300-500 MWh orders in FY27.
- Strategic inventory build-up for Q1 FY27 is to mitigate raw material price increases, and receivables are expected to normalize by September 2026.
Business Update
Neutral
2026-05-26 18:51
Pace Digitek Limited announced the availability of the audio recording of its Investor's Call held on May 26, 2026, to discuss the Audited Standalone and Consolidated Financial Results for the Quarter and Financial Year ended March 31, 2026. The recording is accessible on the company's website.
Governance
Negative
2026-05-26 18:20
CRITICAL RED FLAG DETECTED
Pace Digitek Limited disclosed voting results for its postal ballot dated April 23, 2026. Three material related party transactions (RPTs) were rejected by shareholders, receiving over 96% 'against' votes. These include RPTs with Lineage Power, Pace Ecoplanet Solace, Inso Pace, and Lanarsy Infra. Two other RPTs, with Pace Renewable Energies and Transgreenx Energy, were approved with over 99% 'in favour' votes.
Financials
Positive
2026-05-26 01:17
Consolidated Revenue ₹1,096.8Cr vs ₹683.3Cr (▲60.5% YoY), EBITDA ₹163.2Cr vs ₹76.3Cr (▲114.0% YoY), PAT ₹105.9Cr vs ₹56.3Cr (▲88.1% YoY). EBITDA Margin 14.9% vs 11.2% (▲370bps).