Pace Digitek Ltd. has guided for revenue of ₹3,200-3,400 crore in FY27, backed by an executable order book of ₹11,338 crore.
The guidance compares with FY26 revenue of ₹2,641 crore, implying potential growth of up to 29%.
Management expects revenue to rise further to ₹4,000-4,200 crore in FY28.
Order book offers visibility
Pace Digitek entered FY27 with an order book worth ₹11,338 crore.
A large part of the backlog comes from the energy business.
Order book breakup
- Energy segment: ₹8,854 crore
- Telecom and ICT segment: ₹2,484 crore
The energy business accounts for nearly 78% of the total order book.
Projects in hand include:
- Battery energy storage system (BESS) projects
- Telecom infrastructure projects
- Optical fibre deployment
- Railway modernisation works
- Digital infrastructure projects
Energy business leads growth
The energy segment remains the company’s biggest business area.
According to management, rising investments in renewable energy and grid storage are supporting demand for battery energy storage systems.
Management said the domestic BESS market is still at an early stage and offers long-term opportunities.
The energy business alone contributes ₹8,854 crore to the order book.
Capacity expansion underway
Pace Digitek currently operates a 2.5 GWh BESS manufacturing facility.
Expansion plans are already underway.
Planned capacity additions
- Existing capacity: 2.5 GWh
- Capacity targeted by July 2026: 5 GWh
- Additional 5 GWh line expected by October 2026
- Total planned capacity: 10 GWh
The planned expansion will increase manufacturing capacity fourfold from current levels.
Management said the expansion timeline has been accelerated because of strong demand visibility and a healthy project pipeline.
Telecom and ICT segment adds support
The Telecom and ICT business has an order book of ₹2,484 crore.
Projects in this segment include:
- Orders from BSNL
- Projects for RailTel
- Optical fibre deployment programmes
- Railway modernisation works
- Railway Kavach infrastructure projects
These projects are expected to provide additional revenue streams alongside the energy business.
Outlook
Management has guided for:
- FY27 revenue: ₹3,200-3,400 crore
- FY28 revenue: ₹4,000-4,200 crore
The company’s order backlog and ongoing expansion in battery storage manufacturing are expected to support growth over the next two years.
TL;DR:
Pace Digitek has an executable order book of ₹11,338 crore and has guided for FY27 revenue of ₹3,200-3,400 crore, implying growth of up to 29%. The company also plans to raise BESS manufacturing capacity from 2.5 GWh to 10 GWh by October 2026.
AI summary
- Pace Digitek entered FY27 with an order book of ₹11,338 crore.
- Management has guided for up to 29% revenue growth in FY27.
- Energy projects account for nearly 78% of the backlog.
- BESS manufacturing capacity will rise from 2.5 GWh to 10 GWh.
- Telecom and ICT projects contribute ₹2,484 crore to the order book.