Synopsis: A small-cap solar energy stock is in focus after announcing that its management has given the future outlook of the company.
A recently listed small-cap Company that operates as a service provider in power management, optic fiber laying, and energy management solutions in India, and abroad, is in the spotlight following the announcement of its Revenue and order book guidance for FY26 in their Q2 results. The article below provides a detailed overview of the company’s performance and future outlook.
With a market capitalization of Rs. 4,845.86 crore, the shares of Pace Digitek Limited closed at Rs. 224.50 on Friday, down by 0.27 percent from its previous closing price of Rs. 225.11 per equity share.
Q2 Results
Pace Digitek Limited reported Rs. 533.45 crore in revenue for the second quarter of FY26, a 36.96 percent decrease over the Rs. 846.19 crore for the same period in FY25. But it increased by 45.3 percent as compared to Rs. 367.08 crore in Q1 FY26.
The company’s EBITDA for Q2 FY26 stood at Rs. 94.09 crore, increased by 17.5 percent from Rs. 80.05 crore in Q1 FY26, and declined by 49.7 percent from Rs. 187.03 crore in Q2 FY25.
The consolidated net profit for the second quarter of FY26 was Rs. 67.86 crore, declined by 33.7 percent as compared to Rs. 102.43 crore in Q2 FY25. The company’s net profit inclined by 24.1 percent as compared to Rs. 54.7 crore in Q1 FY26.
Revenue Guidance
For FY26, operational revenue is estimated at Rs. 2,600–2,700 crore, with FY27 expected to grow to Rs. 3,100–3,200 crore, driven by a strong order book in the energy sector. Contribution from the energy segment is anticipated to increase multi-fold in FY27, and the developer model of this segment is expected to generate an EBITDA of Rs. 120 crore.
PAT Margin Guidance
PAT margins are projected at 12 percent for FY26 and are expected to be maintained at 11–12 percent in FY27, supported by reduced working capital, specifically from receivables.
Order Book Guidance
The company has a strong energy segment order book of Rs. 5,869 crore over the past year, expected to grow to Rs. 8,000 crore by March 2026, exceeding its market capitalization. The order book includes a mix of supply, EPC, and developer model projects, with a recent Rs. 920 crore EPC order from MAHAGENCO and the telecom segment contributing Rs. 3266 crore.
Capacity Guidance
Pace Digitek Limited is doubling its BESS containerized capacity from 5 GWh to 10 GWh with an integrated manufacturing facility underway. This backward integration aims to optimize costs, improve margins through local value addition, and strengthen competitive positioning under India’s Make in India initiative, aligning with the country’s renewable energy goals.
About the Company
Pace Digitek Limited, founded in 2007 and based in Bengaluru, provides power management, optic fiber laying, and energy management services across India, Myanmar, and Africa. Operating through its Telecom, Energy, and Others segments, the company delivers switch mode power supply, hybrid and DC power systems, solar charge controllers, inverters, remote monitoring systems, lithium-ion battery solutions, and battery and power cabinet products, along with warranty, AMC, operations and maintenance, and upgrade services.
With a price range of Rs. 208 to Rs. 219 per equity share, Pace Digitek launched its initial public offering (IPO). The subscription period was open from September 26 to September 30, 2025. On October 6, 2025, the company’s shares went public on the BSE and NSE platform, initially trading for Rs. 225 each. This indicated strong investor interest and represented a listing gain of about 2.74 percent over the upper end of the issue price.
A return on equity (ROE) of about 31.4 percent, a return on capital employed (ROCE) of about 41.3 percent and debt to equity ratio at 0.14 demonstrate the company’s financial position. At the moment, the company’s P/E ratio is 20.6x higher as compared to its industry P/E 20.2x.
As of October 2025, the company’s shareholding pattern shows that promoters hold 69.50 percent of the total equity, Foreign Institutional Investors (FIIs) hold 4.89 percent, while Domestic Institutional Investors (DIIs) own 4.96 percent. The public shareholding stands at 20.65 percent, reflecting a healthy level of institutional and retail participation in the company.
Written by: Akshay Sanghavi
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
The post Future Guidance: Recently listed solar stock with strong growth across PAT, order book and more appeared first on Trade Brains.