Pace Digitek Limited Q1 Revenue Rises 51.3% to ₹555 Crore

Pace Digitek Limited reported Q1 FY27 revenue of ₹555.36 crore, up 51.3% year-on-year, while reported profit after tax rose 14.3% to ₹62.51 crore. Revenue declined 49.4% from the March quarter, however, underscoring the sequential volatility and working-capital pressure accompanying the company’s expansion in energy storage.

What did Pace Digitek report for Q1 FY27?

Pace Digitek reported net sales turnover of ₹555.36 crore for the quarter ended June 2026, compared with ₹367.08 crore in the June 2025 quarter. The year-on-year increase was 51.3%, while revenue was down from ₹1,096.78 crore in the March 2026 quarter.

Reported PAT was ₹62.51 crore, against ₹54.70 crore a year earlier and ₹105.92 crore in the preceding quarter. This represented year-on-year growth of about 14.3% and a sequential decline of 41.0%. The company’s latest-quarter operating margin was stated at 15.5%.

Why did Pace Digitek revenue decline from the previous quarter?

Pace Digitek’s revenue fell sequentially because the June-quarter net sales figure was substantially lower than the March-quarter figure, although the supplied results do not assign the decline to a specific business or contract. Management commentary cited working-capital pressures while outlining continued expansion in its energy operations.

The comparison also reflects a sharp rise in the March 2026 base. Net sales were ₹1,096.78 crore in that quarter, versus ₹643.97 crore in December 2025 and ₹533.45 crore in September 2025. The annual comparison remained positive because June 2025 net sales were ₹367.08 crore.

What were Pace Digitek’s key financial measures in Q1 FY27?

Pace Digitek recorded higher income and profit than a year earlier, but each of the principal reported measures was lower than in the immediately preceding quarter. Other income increased to ₹28.34 crore from ₹5.64 crore a year earlier, taking total income to ₹583.71 crore.

EBITDA was ₹114.41 crore, compared with ₹85.69 crore in the June 2025 quarter. Based on net sales turnover, this is equivalent to an EBITDA margin of about 20.6%. Operating profit stood at ₹86.07 crore and profit before tax was ₹81.63 crore.

How is Pace Digitek expanding its battery energy storage business?

Pace Digitek is expanding battery energy storage system, or BESS, manufacturing capacity from 5 GWh to a targeted 10 GWh by the end of FY27. The company has also commenced in-house container production, a step linked to its BESS manufacturing programme.

The company said it delivered more than 350 MWh of BESS products to private customers over the previous 12 months and secured supply orders exceeding 930 MWh from private customers during that period. More than 975 MWh of its BESS products had been utilised at projects as of Q1 FY27. Its manufacturing rejection rate was stated to have improved from about 5% to about 0.5%, while utilisation improved from about 80% to about 85%.

How could the results affect investors and company operations?

For investors, the results show that Pace Digitek maintained year-on-year revenue and PAT growth despite a sizeable fall from the March quarter. The difference between annual growth and quarter-on-quarter movement makes order execution, collections and working-capital management important factors in assessing future reported performance.

Pace Digitek reported an order book of ₹10,803 crore, providing visibility over potential future execution. Management expects operating cash flow to turn positive by March 2027. The company had 2,733 employees at the end of FY26, indicating that manufacturing scale-up and project delivery will remain operational priorities as BESS capacity expands.

Conclusion

Pace Digitek’s Q1 FY27 figures showed a clear year-on-year improvement, led by revenue growth to ₹555.36 crore and reported PAT of ₹62.51 crore. At the same time, the sequential fall in revenue and profit illustrates the uneven quarterly pattern in its reported financial performance and the relevance of working-capital conditions.

The next disclosed event is the board meeting scheduled for October 31, 2026, to consider Q2 FY27 results for the quarter ended September 30, 2026. Pace Digitek has also announced an investor call on November 2, 2026, when management is expected to discuss Q2 and first-half results, including progress on BESS capacity, order execution and cash-flow plans.