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Pace Digitek Subsidiary Bags โน1,587.1 Million Order from Reliance Industries
Pace Digitek's material subsidiary, Lineage Power, has secured a significant purchase order worth โน1,587.10 million from Reliance Industries Limited. The contract involves the supply of 50,000 high-capacity lithium-ion battery packs specifically designed for telecom backup support. This order strengthens the company's position in the energy infrastructure segment and contributes to its massive consolidated order book of โน104,906 million. The move highlights a strategic shift towards product-led revenue alongside their existing EPC and infrastructure projects.
Key Highlights
Received a purchase order worth โน1,587.10 million (including GST) from Reliance Industries Limited.
Order involves the supply of 50,000 units of 48V 15S1P 314AH Lithium-Ion battery packs.
Consolidated order book of Pace Digitek Limited now stands at approximately โน104,906 million.
The order will be executed by material subsidiary Lineage Power Pvt Ltd, focusing on advanced power management solutions.
๐ผ Action for Investors
Investors should take note of the company's ability to secure high-volume orders from blue-chip clients like Reliance, which validates its manufacturing scale. The massive order book provides strong revenue visibility for the coming quarters.
Pace Digitek Subsidiary Bags โน1,587.10 Million Order from Reliance Industries
Pace Digitek Limited's material subsidiary, Lineage Power Private Limited, has secured a significant purchase order from Reliance Industries Limited. The contract is valued at โน1,587.10 million (including GST) for the supply of Li-ion battery packs. The order is scheduled to be fully executed by August 31, 2026, providing strong revenue visibility for the upcoming fiscal periods. This win from a major domestic conglomerate underscores the company's competitive positioning in the energy storage and battery technology space.
Key Highlights
Order worth โน1,587.10 million (including GST) awarded to material subsidiary Lineage Power Private Limited.
Contract involves the supply of Li-ion 48V 15S1P 314 AH battery packs to Reliance Industries Limited.
Execution timeline is set for completion by August 31, 2026.
The order is from a domestic entity and does not involve any related party transactions.
๐ผ Action for Investors
Investors should monitor the company's execution capabilities and the impact of this large-scale order on its profit margins. The association with a Tier-1 client like Reliance is a strong positive signal for future business development.
Pace Digitek Bags โน891 Million Order from RailTel for Railway Surveillance Systems
Pace Digitek Limited has secured an Advance Letter of Authorization from RailTel worth โน890.69 million for IP-based Video Surveillance Systems in LHB coaches. This marks the company's strategic entry into the railway rolling stock surveillance segment, expanding its ICT infrastructure footprint. The project includes supply, installation, and a 5-year maintenance contract, ensuring long-term revenue visibility. Following this win, the company's total order book stands at a robust โน103,319 million across Telecom and Energy sectors.
Key Highlights
Order valued at โน890.69 million for IP-based Video Surveillance Systems (VSS) in LHB coaches.
First order in the railway sector, diversifying the company's ICT and Telecom portfolio.
Total order book reaches โน103,319 million, with โน25,527 million specifically in Telecom & ICT.
Contract includes a 3-year warranty and a 5-year Comprehensive Annual Maintenance Contract (CAMC).
๐ผ Action for Investors
This entry into the railway sector is a positive growth catalyst; investors should monitor the company's ability to secure larger contracts in this high-margin segment.
Pace Digitek Secures Rs 890.69 Million Order from RailTel for Video Surveillance
Pace Digitek Limited has received an Advance Letter of Award from RailTel Corporation of India Limited for a project valued at Rs 890.69 million. The contract entails the supply, installation, and commissioning of IP-based video surveillance systems in LHB coaches. The project is scheduled for completion within 8 months, followed by a 3-year warranty and a 5-year maintenance period. This domestic order highlights the company's growing footprint in the railway technology sector.
Key Highlights
Total contract value is Rs 890.69 million including GST
Awarded by RailTel Corporation of India Limited for LHB coach surveillance
Execution timeline is strictly set at 8 months from the Letter of Award
Contract includes a long-term 5-year Comprehensive Annual Maintenance Contract (CAMC)
๐ผ Action for Investors
This is a positive development for the company's order book and revenue visibility. Investors should track the timely execution of the project and its impact on margins in upcoming quarters.
Pace Digitek Subsidiary Bags USD 1.35 Million International Order for BESS Units
Pace Digitek Limited's material subsidiary, Lineage Power Private Limited, has secured a significant international order from Yaqin Chem valued at USD 1,346,210. The contract involves the supply of four Mobile Battery Energy Storage Systems (BESS) mounted on Gooseneck Trailers. Specifically, the order consists of two 1200 KWH units and two 2500 KWH units, all with 200 KW power capacity. The project is slated for completion by April 2026, providing clear short-term revenue visibility for the company.
Key Highlights
Total order value stands at USD 1,346,210 from international client Yaqin Chem.
Order involves 4 units of Mobile Battery Energy Storage Systems (BESS) with capacities up to 2500 KWH.
Execution timeline is tight, with delivery scheduled to be completed by April 2026.
The contract is awarded to Lineage Power Private Limited, a material subsidiary of Pace Digitek.
๐ผ Action for Investors
Investors should view this as a positive development for Pace Digitek's energy storage business and monitor the subsidiary's ability to scale international operations. The short execution cycle suggests immediate impact on the upcoming fiscal year's performance.
Pace Digitek Secures Rs. 17,750 Million Solar + BESS Project; Order Book Crosses Rs. 100 Billion
Pace Digitek Limited has secured a massive Rs. 17,750 million order from KREDL for a 250 MW Solar and 1.1 GWh Battery Energy Storage System (BESS) project in Karnataka. This win pushes the company's total consolidated order book to over Rs. 102,428 million, with the energy segment contributing nearly 76% of the total. The project features an interim tariff of Rs. 5.51 per unit and is expected to be completed within 18 months. This contract significantly strengthens the company's position in the high-growth BESS market, where its total portfolio now exceeds 5 GWh.
Key Highlights
Secured a Letter of Award worth Rs. 17,750 million for a 250 MW Solar + 1.1 GWh BESS project
Total consolidated order book reaches Rs. 102,428 million, with Rs. 77,792 million in the Energy segment
Project timeline for Commercial Operation Date (COD) is 18 months from PPA signing
Interim tariff set at Rs. 5.51 per unit with Viability Gap Funding (VGF) for a 25-year tenure
Total BESS order book portfolio now exceeds 5 GWh, highlighting leadership in energy storage
๐ผ Action for Investors
Investors should view this as a strong growth signal, given the massive order book visibility and the company's focus on the high-margin BESS segment. Monitor the execution timeline over the next 18 months to ensure project milestones are met.
Pace Digitek Secures Rs 17,750 Million Solar and BESS Project from KREDL
Pace Digitek Limited has been awarded a major contract by Karnataka Renewable Energy Development Limited (KREDL) valued at approximately Rs 17,750 million. The project entails the development of a 250 MWAC Solar PV plant along with a 250 MW/1100 MWh Battery Energy Storage System (BESS) at Pavagada Solar Park. The project is to be executed within 18 months of signing the PPA and includes a 25-year operation period. The power will be supplied at a tariff of Rs 5.51 per unit, ensuring long-term revenue stability.
Key Highlights
Total project cost estimated at Rs 17,750 million including GST
Includes 250 MWAC Solar PV and 250 MW/1100 MWh Battery Energy Storage System
Execution timeline of 18 months from PPA signing
Tariff fixed at Rs 5.51 per unit for a 25-year operational period
๐ผ Action for Investors
This massive order provides significant revenue visibility and marks a major milestone in the company's growth in the renewable energy sector. Investors should monitor the company's execution progress over the next 18 months and the subsequent impact on its balance sheet.
Pace Digitek Q3 FY26: PAT Up 11.3% YoY to โน788 Mn; Order Book Reaches โน84,678 Mn
Pace Digitek reported a steady Q3 FY26 with revenue growing 13.5% YoY to โน6,440 million and PAT increasing 11.3% YoY to โน788 million. While EBITDA margins contracted to 18.3% from 21.4% YoY due to inter-company profit eliminations, the company saw strong sequential revenue growth of 20.7%. The order book remains robust at โน84,678 million, providing multi-year revenue visibility. Furthermore, the company is aggressively expanding its BESS manufacturing capacity, targeting 10 GWh by Q4 FY2027.
Key Highlights
Revenue from operations grew 13.5% YoY to โน6,440 million in Q3 FY26.
Profit After Tax (PAT) increased by 11.3% YoY to โน788 million with a 12.2% margin.
Total order book stands at a significant โน84,678 million as of January 31, 2026.
Secured new order inflows of โน31,287 million post-Q2 FY26 across Energy and Telecom segments.
BESS manufacturing capacity expansion to 10 GWh is on track, with 2.5 GWh addition expected by Q4 FY26.
๐ผ Action for Investors
Investors should take note of the massive order book which provides high revenue visibility; the key will be the timely execution of BESS capacity expansions. Monitor if the EBITDA margins recover as the company scales its backward integration initiatives.
Pace Digitek Q3 Revenue Up 13.5% YoY to โน6,440 Mn; Order Book Hits โน84,678 Mn
Pace Digitek Limited reported a strong Q3 FY2026 with consolidated revenue rising 13.5% YoY to โน6,440 Mn and Profit After Tax (PAT) increasing 11.3% to โน788 Mn. The company's total order book has reached a significant โน84,678 Mn as of January 31, 2026, supported by โน31,287 Mn in new order wins post-Q2. The Energy vertical is emerging as a primary driver, holding โน60,042 Mn of the order book, with a strategic shift toward high-value Build-Own-Operate (BOO) projects. Additionally, the company is aggressively expanding its BESS manufacturing capacity from 2.5 GWh to 10 GWh to capitalize on India's energy transition.
Key Highlights
Consolidated revenue grew 13.5% YoY to โน6,440 Mn; Standalone PAT surged 39.1% YoY to โน933 Mn.
Total order book stands at โน84,678 Mn, with the Energy vertical contributing โน60,042 Mn (71% of total).
Secured major BOO projects from MSEDCL (โน18,500 Mn) and SECI (โน7,000 Mn) for BESS and Solar.
BESS manufacturing capacity expansion from 2.5 GWh to 10 GWh is currently in progress at the Bidadi facility.
Operational milestones include 1,891 km of OFC deployed and 428 new telecom towers erected in Q3 FY26.
๐ผ Action for Investors
Investors should focus on the company's successful pivot into the high-growth BESS and renewable energy sectors, backed by a massive order book. Monitor the execution timelines of the BOO projects and the commissioning of the 10 GWh manufacturing capacity as these will be the primary catalysts for future margin expansion.
Pace Digitek Q3 FY26 Revenue Jumps 83% YoY to โน81.44 Cr; PAT Declines to โน3.27 Cr
Pace Digitek Limited reported a strong top-line performance for Q3 FY26, with revenue from operations surging 83% year-on-year to โน81.44 crore. However, net profit for the quarter faced pressure, declining to โน3.27 crore from โน5.08 crore in the same period last year, primarily due to a significant rise in operational expenses and finance costs. For the nine-month period ended December 31, 2025, the company maintained a steady PAT of โน12.42 crore. The results highlight a period of rapid scale-up in operations but with compressed margins.
Key Highlights
Revenue from operations grew 83% YoY to โน81.44 crore in Q3 FY26.
Net Profit (PAT) for the quarter fell 35.5% YoY to โน3.27 crore.
Total expenses for the quarter increased to โน77.03 crore compared to โน37.73 crore in Q3 FY25.
Nine-month revenue reached โน231.00 crore, a significant jump from โน133.33 crore in the previous year.
Basic and Diluted EPS for the quarter stood at โน0.73, down from โน1.25 in the preceding quarter.
๐ผ Action for Investors
While the massive revenue growth indicates strong market demand and expansion, the decline in profitability is a concern. Investors should monitor the company's ability to manage rising procurement and finance costs in upcoming quarters.
Pace Digitek Subsidiary Bags โน94.35 Crore Order from BSNL for Li-Ion Battery Solutions
Pace Digitek's material subsidiary, Lineage Power Private Limited, has secured a significant Advance Purchase Order worth โน94.35 crore from BSNL. The contract involves the supply and maintenance of 25,000 Li-Ion battery modules and 2,500 racks to modernize BSNL's power infrastructure. The project is slated for execution within a tight timeline of five months, providing strong revenue visibility for the current fiscal year. Additionally, the inclusion of a 5-year warranty and a subsequent 5-year AMC ensures long-term service revenue and customer engagement.
Key Highlights
Total contract value of โน94.35 crore for supply, installation, and maintenance of battery solutions
Scope includes 25,000 Li-Ion modules (100AH/48V) and 2,500 weather-resistant IP55 racks
Execution timeline is set within 5 months from the receipt of the purchase order
Includes a 5-year warranty followed by an optional 5-year Annual Maintenance Contract (AMC)
Technology features smart BMS registered on the Trusted Telecom Portal, complying with TEC GR standards
๐ผ Action for Investors
This order win validates the company's competitive position in the telecom infrastructure space and provides a significant boost to the near-term order book. Investors should monitor the company's execution efficiency within the 5-month window to ensure revenue realization.
Pace Digitek Subsidiary Bags โน94.35 Crore Order from BSNL for Li-ion Batteries
Pace Digitek's material subsidiary, Lineage Power Private Limited, has secured a significant Advance Purchase Order worth โน94.35 crore from BSNL. The contract involves the supply of 25,000 Li-ion battery modules and 2,500 IP55 racks, along with a 5-year Annual Maintenance Contract. The execution timeline is tight, set at just 5 months from the receipt of the purchase order. This order strengthens the company's position in the telecom infrastructure and energy storage segment.
Key Highlights
Total order value is โน94.35 crore (including GST) awarded by BSNL to subsidiary Lineage Power.
Scope includes 25,000 Li-ion Battery Modules (100 AH/48V) and 2,500 IP55 racks.
Includes a 5-year AMC following an initial 5-year warranty period for the battery modules.
The contract is scheduled for execution within a 5-month timeframe from the purchase order date.
๐ผ Action for Investors
Investors should monitor the company's execution efficiency over the next two quarters to ensure the 5-month deadline is met. Successful delivery could position the company for larger contracts in BSNL's ongoing network modernization.
Pace Digitek Appoints L&T Veteran Ketan Chitnis as COO of Material Subsidiary
Pace Digitek Limited has appointed Mr. Ketan Chitnis as the Chief Operating Officer (COO) for its material subsidiary, Lineage Power Private Limited, effective January 16, 2026. Mr. Chitnis brings over 20 years of leadership experience in the Energy Storage Solutions (ESS) and Battery Energy Storage Systems (BESS) sectors. He previously served as the Business Head for Energy Storage Solutions at Larsen & Toubro (L&T) Energy, where he managed large-scale greenfield manufacturing and technology partnerships. His role will encompass leading production, engineering, supply chain management, and business development to drive execution excellence.
Key Highlights
Appointment of Mr. Ketan Chitnis as COO of material subsidiary Lineage Power Private Limited effective Jan 16, 2026
Brings over 20 years of professional leadership and 17 years of entrepreneurial experience in the energy sector
Former Business Head of Energy Storage Solutions at Larsen & Toubro (L&T) Energy
Will lead critical departments including Production, Engineering, SCM, and Business Development
Expertise specifically focused on high-growth Battery Energy Storage Systems (BESS) and Advanced Chemistry Cells
๐ผ Action for Investors
Investors should view this as a strategic hire that strengthens the company's execution capabilities in the energy storage segment. Monitor the subsidiary's operational scaling and potential new business wins under this new leadership.
Pace Digitek Bags โน3,757.25 Million Solar EPC Order from Bondada Engineering
Pace Digitek Limited has secured a major domestic order worth โน3,757.25 million from Bondada Engineering Limited for a 300 MW AC Solar Power Project. The contract encompasses Balance of System (BOS) works, including engineering, procurement, and construction (EPC) services. Furthermore, the company will provide Operations & Maintenance (O&M) services for a period of three years post-commissioning. This project is expected to be completed within 15 months, providing significant revenue visibility for the upcoming fiscal periods.
Key Highlights
Total order value of โน3,757.25 million including GST from Bondada Engineering Limited.
Scope includes BOS works for a 300 MW AC Solar Power Project under EPC mode.
Contract includes 3 years of Operations & Maintenance (O&M) services post-completion.
Project execution timeline is set for 15 months from the Letter of Award.
Signifies a major expansion into the large-scale renewable energy infrastructure sector.
๐ผ Action for Investors
This order provides strong revenue visibility and validates the company's technical capability in the solar EPC space. Investors should monitor the execution progress and the impact on operating margins over the next 15 months.
Pace Digitek Bags Rs 375.7 Crore Solar EPC Order from Bondada Engineering
Pace Digitek Limited has secured a significant contract worth Rs 3,757.25 million (inclusive of GST) from Bondada Engineering Limited. The order involves Balance of System (BOS) works for a 300 MW AC Solar Power Project under an Engineering, Procurement, and Construction (EPC) framework. The project includes design, supply, and commissioning, followed by three years of Operations & Maintenance (O&M) services. The execution timeline is set for 15 months, providing strong revenue visibility for the upcoming fiscal periods.
Key Highlights
Total order value of Rs 3,757.25 million (approx. Rs 375.7 crore) including GST
Contract awarded by Bondada Engineering Limited for a 300 MW AC Solar Power Project
Scope includes EPC services and 3 years of Operations & Maintenance (O&M)
Project execution timeline is 15 months from the receipt of the Letter of Award
๐ผ Action for Investors
This substantial order win significantly strengthens the company's order book; investors should monitor the company's execution efficiency and its impact on operating margins over the next 15 months.
Pace Digitek Reports โน9,405 Cr Order Book; Targets โน3,200 Cr Revenue by FY27
Pace Digitek has disclosed a massive order book of โน9,405 crore, significantly exceeding its current scale, with โน5,859 crore from Energy and โน3,546 crore from Telecom. The company has guided for a revenue of โน2,700 crore in FY26 and up to โน3,200 crore in FY27, while maintaining healthy PAT margins of 11-12%. A major growth catalyst is the newly inaugurated 5 GWh/year Battery Energy Storage System (BESS) plant, which has already secured 2.2 GWh in developer projects. For 1HFY26, the company reported a revenue of โน901 crore with a Net Profit of โน123 crore.
Key Highlights
Total order book stands at โน9,405 Cr, including a โน2,573 Cr BSNL 4G saturation project
Revenue guidance of โน2,700 Cr for FY26 and โน3,100-3,200 Cr for FY27 with 11-12% PAT margins
Inaugurated a 5 GWh/year BESS manufacturing facility in June 2025, securing 3.4 GWh in total projects
Energy segment order book reached โน5,859 Cr, driven by SECI, MSEDCL, and KPTCL contracts
1HFY26 performance shows an EBITDA margin of 19% and a PAT of โน123 Cr
๐ผ Action for Investors
Investors should focus on the company's successful execution of its large BESS and BSNL order books, which are critical for meeting the FY26-27 growth targets. The transition into a high-capacity BESS manufacturer positions the company well for India's energy transition.
Pace Digitek Incorporates 60% Subsidiary SPV for MSPGCL Renewable Energy Order
Pace Digitek Limited has successfully incorporated a new subsidiary, Pace Ecoplanet Solace Private Limited, on January 05, 2026. The company holds a 60% stake in this Special Purpose Vehicle (SPV), acquired through the subscription of 6,000 equity shares at Rs. 10 each. This entity is specifically established to execute a project order received from the Maharashtra State Power Generation Company Limited (MSPGCL). The subsidiary will operate in the renewable energy sector, focusing on energy storage devices, solar panels, and power packs.
Key Highlights
Incorporation of 'PACE ECOPLANET SOLACE PRIVATE LIMITED' as a 60% owned subsidiary on January 05, 2026.
The SPV is dedicated to executing a specific order from Maharashtra State Power Generation Company Limited (MSPGCL).
Pace Digitek subscribed to 6,000 equity shares of face value Rs. 10 each via cash consideration.
The subsidiary will manufacture and deal in batteries, energy storage devices, and solar panels within the renewable energy sector.
๐ผ Action for Investors
Investors should view this as a positive step toward project execution in the renewable energy space. Monitor the subsidiary's progress in fulfilling the MSPGCL order as it will likely impact future consolidated earnings.
Pace Digitek Subsidiary Secures โน94.35 Crore Order from BSNL for Li-ion Battery Modules
Pace Digitek's material subsidiary, Lineage Power Private Limited, has secured a significant strategic order worth โน94.35 Crore from Bharat Sanchar Nigam Limited (BSNL). The contract involves the supply of 25,000 Lithium-Ion battery modules and 2,500 high-durability racks to upgrade BSNL's telecom power infrastructure. The project includes a rapid 5-month rollout timeline and a long-term 10-year support commitment, including a 5-year warranty and a 5-year AMC. This deal reinforces the company's position as a key player in India's telecom energy storage sector.
Key Highlights
Total order value of โน94.35 Crore for supply of power infrastructure to BSNL
Supply includes 25,000 Li-ion modules (100 AH/48V) and 2,500 IP55-rated racks
Coordinated 5-month rollout schedule across BSNL circles nationwide
10-year support lifecycle comprising a 5-year warranty and 5-year Annual Maintenance Contract
All systems to be TSEC/TAC certified and registered on the Telecom Trusted Portal
๐ผ Action for Investors
Investors should view this as a significant boost to the order book and revenue visibility for the current fiscal year. Monitor the company's ability to execute the 5-month delivery timeline, which will be a key indicator of operational efficiency.
Pace Digitek Subsidiary Bags โน94.35 Cr Order from BSNL for Li-ion Batteries
Pace Digitek Limited's material subsidiary, Lineage Power Private Limited, has secured an advance purchase order worth โน94.35 crore from BSNL. The contract involves the supply of 25,000 Li-ion battery modules and 2,500 IP55 racks for telecom infrastructure. The execution timeline is notably short, with completion required within 5 months of the purchase order receipt. Furthermore, the deal includes a 5-year Annual Maintenance Contract (AMC) following a 5-year warranty period, providing long-term service revenue visibility.
Key Highlights
Subsidiary Lineage Power Private Limited received an order worth โน94.35 crore (including GST) from BSNL.
Scope includes 25,000 units of 100 AH/48V Li-ion Battery Modules and 2,500 IP55 racks.
The project has a strict execution window of 5 months from the date of the purchase order.
Includes a 5-year AMC component following an initial 5-year warranty period, ensuring recurring revenue.
๐ผ Action for Investors
Investors should monitor the company's execution efficiency over the next two quarters to ensure the 5-month delivery timeline is met. Successful delivery could strengthen the company's position for future large-scale PSU telecom tenders.
Pace Digitek Incorporates New Subsidiary for Defence and Aerospace Sector
Pace Digitek Limited has announced the incorporation of a new wholly owned subsidiary, Lineage Defence And Aerospace Private Limited, on December 23, 2025. The new entity will focus on high-growth sectors including Defence, Aerospace, Cybersecurity, and Strategic Infrastructure Solutions. With an initial authorized capital of โน10,00,000, the subsidiary aims to manufacture Electromagnetic Interference (EMI) and Electromagnetic Compatibility (EMC) equipment. This move signifies a strategic diversification for Pace Digitek into specialized technology and government-linked sectors.
Key Highlights
Incorporation of 100% Wholly Owned Subsidiary (WOS) named Lineage Defence And Aerospace Private Limited.
Authorized capital set at โน10,00,000 with an initial subscribed capital of โน1,00,000.
Business scope includes EMI/EMC equipment, unmanned aerial systems (UAS), avionics, and cybersecurity solutions.
Subsidiary will undertake turnkey EPC and design-build projects for strategic defence infrastructure.
Strategic focus on R&D and technology transfer in defence engineering and artificial intelligence.
๐ผ Action for Investors
Investors should view this as a positive long-term strategic expansion into high-entry-barrier sectors. Monitor for future announcements regarding contract wins or partnerships within the defence and aerospace segments.