Pace Digitek Ltd

Pace Digitek together with its subsidiary Lineage Power (LPPL) has announced an Original Equipment Manufacturer (OEM) partnership with NEC XON Systems Proprietary, South Africa. Under this partnership, NEC XON will market, distribute and deploy the Company's product portfolio, including grid-scale Battery Energy Storage Systems (BESS) and related energy solutions, across South Africa, Botswana, Mozambique, Namibia and Mauritius. NEC XON will serve as the go-to-market and deployment partner, while Pace Digitek and LPPL will continue to focus on product development, manufacturing and supply. This partnership marks a key step in Pace Digitek's international expansion, enabling entry into select African markets through an established regional partner. Africa represents a high-growth opportunity for grid-scale energy storage solutions, driven by increasing renewable integration, grid stability requirements and rising demand for reliable power infrastructure. NEC XON's established presence, strong customer relationships and proven execution track record across the region provide an effective platform for Pace Digitek to address these opportunities. The collaboration combines Pace Digitek's integrated BESS manufacturing and product capabilities and NEC XON's regional market access, systems integration expertise and project execution capabilities to create a scalable and execution-oriented growth platform. The partnership will enable Pace Digitek to establish structured demand channels across new geographies and facilitate market entry by leveraging NEC XON's regional footprint. It will also reinforce Pace Digitek's positioning as a product-led energy solutions provider, while strengthening its execution capabilities in international markets, supported by NEC XON's proven delivery track record. For NEC XON, the partnership expands its energy solutions portfolio with integrated BESS offerings, leverages LPPL's manufacturing capabilities and product quality and enhances its ability to address evolving demand for reliable and scalable energy infrastructure.

Pace Digitek along with its subsidiaries reported order inflows of Rs 6,459.7 crore for FY2026, led by strong traction in its energy business. The energy segment contributed Rs 5,814.7 crore, while telecom accounted for Rs 645 crore. The order inflow includes major orders across energy and telecom segments. The order inflow reflects the Company's increasing participation in Battery Energy Storage Systems (BESS) and renewable-linked opportunities, positioning it to participate in India's evolving energy transition.

The energy segment accounted for the bulk of the inflows at Rs 5,814.7 crore, while the telecom segment contributed Rs 645 crore. The company said the orders span key projects across both verticals, reflecting its expanding presence in battery energy storage systems (BESS) and renewable-linked opportunities. Within the energy business, order inflows were supported by a diversified mix of contracts. Build Own Operate (BOO) projects contributed Rs 2,455 crore, accounting for 42% of the segment's inflows and offering annuity-based revenue streams with long-term cash flow visibility. Engineering, Procurement and Construction (EPC) contracts made up Rs 3,048.4 crore, or 52%, providing execution visibility through utility-scale deployments. Supply contracts contributed Rs 311.4 crore, or about 6%, aiding near-term revenue generation and capacity utilisation. The company and its subsidiaries secured projects from a mix of public and private sector clients, including KPTCL, KREDL, NTPC, SECI and MAHAGENCO, highlighting its growing participation in India's energy transition. The telecom segment continued to provide stability, with order inflows driven by operations and maintenance (O&M), equipment supply and infrastructure projects. Key clients include BSNL, Tata Teleservices, RailTel and Indian Railways. The company said this segment supports recurring revenue streams and near-term cash flow visibility, while ensuring operational continuity across multiple circles. Overall, the order book offers multi-year execution visibility across both segments, with a rising share of energy-led projects. The company said its balanced mix of BOO, EPC and supply contracts positions it for sustained growth by combining long-term revenue visibility with near-term execution opportunities. Commenting on the development, chairman and managing director Venugopal Rao Maddisetty said FY2026 marked a pivotal year for scaling the company's presence in energy, particularly in battery storage and renewable infrastructure. He added that strong order inflows reflect improving execution capabilities and continued trust from clients, while the diversified order mix supports disciplined and scalable growth. Pace Digitek manufactures and supplies power electronic equipment and a wide range of electrical and electronic systems, along with their components. It also designs, trades, and delivers these solutions for use across industries such as energy and telecom infrastructure. On a consolidated basis, Pace Digitek's net profit rose 8.06% to Rs 75.84 crore while net sales rose 13.54% to Rs 643.97 crore in Q3 December 2025 over Q3 December 2024.

The order pertains to engineering, procurement, and construction (EPC) of a battery energy storage system (BESS) at NTPC's Nabinagar Super Thermal Power Station, along with comprehensive maintenance over the system's design life. The scope of work includes supply, transportation, installation, testing, and commissioning of equipment, as well as civil and structural works related to the project. The supply and services portion is scheduled to be executed within 15 months, while the maintenance component will extend over 11 years. The company clarified that the order does not fall under related-party transactions and that its promoters have no interest in NTPC. Pace Digitek provides solutions for telecom infrastructure and solar industries. It is involved in the manufacturing, installation, and commissioning of DC power systems, lithium batteries, monitoring systems, and inverters. The company reported a rise in consolidated net profit of 8.1% year-on-year to Rs 75.84 crore on a 13.5% increase in revenue from operations to Rs 643.97 crore in Q3 FY26 over Q3 FY25.

The order pertains to engineering, procurement, and construction (EPC) of a battery energy storage system (BESS) at NTPC's Nabinagar Super Thermal Power Station, along with comprehensive maintenance over the system's design life. The scope of work includes supply, transportation, installation, testing, and commissioning of equipment, as well as civil and structural works related to the project. The supply and services portion is scheduled to be executed within 15 months, while the maintenance component will extend over 11 years. The company clarified that the order does not fall under related-party transactions and that its promoters have no interest in NTPC. Pace Digitek provides solutions for telecom infrastructure and solar industries. It is involved in the manufacturing, installation, and commissioning of DC power systems, lithium batteries, monitoring systems, and inverters. The company reported a rise in consolidated net profit of 8.1% year-on-year to Rs 75.84 crore on a 13.5% increase in revenue from operations to Rs 643.97 crore in Q3 FY26 over Q3 FY25. The scrip declined 7.18% to end at Rs 140.85 on the BSE. The stock market will remain closed today on account of Mahavir Jayanti.Powered by Capital Market - Live

The contract pertains to the provision of lattice towers in connection with UHF/LTE and KAVACH work over balance routes of the Jodhpur division of North Western Railway, covering a length of 996.24 km. The project has been awarded by a domestic entity and is to be executed within 18 months from the date of issuance of the LoA. Pace Digitek provides solutions for telecom infrastructure and solar industries. It is involved in the manufacturing, installation, and commissioning of DC power systems, lithium batteries, monitoring systems, and inverters. The company reported a rise in consolidated net profit of 8.1% year-on-year to Rs 75.84 crore on a 13.5% increase in revenue from operations to Rs 643.97 crore in Q3 FY26 over Q3 FY25. The counter rose 0.48% to end at Rs 156.45 on the BSE. The stock market will remain shut today on account of Shri Ram Navami.Powered by Capital Market - Live

Pace Digitek has received a Letter of Acceptance for Rs. 22.64 crore from North Western Railway for provision of Lattice Towers in connection with UHF/LTE & KAVACH Work over balance routes of Jodhpur division of North Western Railway (996.24 KM). Powered by Capital Market - Live

Pace Digitek announced that Sathya Seelan T, Head - ICT - Technical & Operations, a Senior Management Personnel (SMP), has tendered his resignation on 04 March 2026 has tendered his resignation with effect from close of business hours on 06 March 2026.Powered by Capital Market - Live

Pace Digitek announced that its material subsidiary, Lineage Power has received a purchase order worth Rs 158.71 crore from Reliance Industries to supply batter packs of Li-ion 48V 15S1P 314 AH. Powered by Capital Market - Live

The contract entails the supply of Li-ion battery packs of specification 48V, 15S1P, 314 AH, the company said in a regulatory filing. The order has been awarded by a domestic entity and is to be executed by 31 August 2026. Pace Digitek clarified that neither its promoters nor promoter group companies have any interest in the awarding entity. The company further stated that the contract does not fall under related party transactions. Pace Digitek provides solutions for telecom infra and solar industries. It is involved in the manufacturing, installation and commissioning of DC Power systems, lithium batteries, monitoring systems and inverter. The company reported a rise in consolidated net profit of 8.1% year-on-year to Rs 75.84 crore on a 13.5% increase in revenue from operations to Rs 643.97 crore in Q3 FY26 over Q3 FY25. The scrip fell 1.06% to end at Rs 182.10 on the BSE. Reliance Industries is India's largest private sector company. Its activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, advanced materials and composites, renewables (solar and hydrogen), retail and digital services. The conglomerate had reported a 1.6% rise in consolidated net profit to Rs 22,290 crore on a 10% increase in gross revenue to Rs 293,829 crore in Q3 FY26 as compared with Q3 FY25. The scrip rose 0.55% to end at Rs 1,427.90 on the BSE. Powered by Capital Market - Live