Pace Digitek Reports ₹6,460 Crore Order Inflows for FY26, Driven by Energy Sector Growth
Pace Digitek sizzles as FY26 order inflows hit Rs 6,460 crore on energy push
Business Standard
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Pace Digitek's order inflows reached ₹6,460 crore for FY2026, with the energy segment contributing ₹5,815 crore. The company is capitalizing on opportunities in battery energy storage and renewable projects, reflecting strong demand and a diversified contract mix.
- 01Pace Digitek's order inflows for FY2026 hit ₹6,460 crore.
- 02The energy segment accounted for ₹5,815 crore of the total inflows.
- 03Key clients include KPTCL, NTPC, and BSNL, indicating strong market presence.
- 04The company reported an 8.06% increase in net profit to ₹75.84 crore for Q3 FY2025.
- 05Diversified contracts in energy and telecom support sustained growth.
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Pace Digitek experienced a 3.07% increase in stock price, reaching ₹173, following the announcement of robust order inflows of ₹6,459.7 crore for FY2026. The energy sector was the primary driver, contributing ₹5,814.7 crore, while the telecom sector added ₹645 crore. The company secured a mix of Build Own Operate (BOO), Engineering, Procurement and Construction (EPC), and supply contracts, which are expected to provide both long-term revenue visibility and near-term execution opportunities. Key clients in the energy sector include KPTCL, NTPC, and MAHAGENCO, showcasing Pace Digitek's expanding role in India's energy transition. In the telecom sector, clients such as BSNL and Tata Teleservices continue to provide stability. The company reported an 8.06% increase in net profit to ₹75.84 crore and a 13.54% rise in net sales to ₹643.97 crore for Q3 FY2025 compared to the same quarter in the previous year. Chairman Venugopal Rao Maddisetty emphasized that FY2026 is pivotal for enhancing the company's energy presence, particularly in battery storage and renewable infrastructure.
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The significant order inflows suggest potential job creation and economic growth within the energy and telecom sectors in India, benefiting local communities and industries.
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