Pace Digitek Ltd
Incorporated in 2007, 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.[1]
- Market Cap ₹ 3,901 Cr.
- Current Price ₹ 181
- High / Low ₹ 232 / 160
- Stock P/E 15.5
- Book Value ₹ 59.7
- Dividend Yield 0.00 %
- ROCE 41.3 %
- ROE 31.4 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Company has a good return on equity (ROE) track record: 3 Years ROE 31.5%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has high debtors of 276 days.
- Working capital days have increased from 53.1 days to 113 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Telecommunication Telecommunication Telecom - Services Telecom - Infrastructure
Part of BSE IPO
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|
| 406 | 503 | 2,434 | 2,439 | 2,228 | |
| 377 | 474 | 2,032 | 1,954 | 1,859 | |
| Operating Profit | 29 | 29 | 403 | 485 | 368 |
| OPM % | 7% | 6% | 17% | 20% | 17% |
| 8 | 11 | 25 | 22 | 33 | |
| Interest | 11 | 13 | 116 | 117 | 32 |
| Depreciation | 10 | 6 | 5 | 6 | 10 |
| Profit before tax | 16 | 22 | 307 | 384 | 359 |
| Tax % | 27% | 25% | 25% | 27% | |
| 12 | 17 | 230 | 279 | 258 | |
| EPS in Rs | 21.94 | 28.58 | 438.88 | 15.00 | 13.34 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 82% |
| TTM: | 0% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 191% |
| TTM: | 22% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 32% |
| Last Year: | 31% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 5 | 5 | 5 | 36 | 36 |
| Reserves | 299 | 313 | 535 | 1,134 | 1,253 |
| 133 | 192 | 494 | 162 | 151 | |
| 276 | 330 | 1,221 | 1,318 | 1,567 | |
| Total Liabilities | 713 | 840 | 2,254 | 2,649 | 3,006 |
| 142 | 139 | 139 | 146 | 215 | |
| CWIP | 6 | 10 | 10 | 32 | 59 |
| Investments | 0 | 0 | 0 | 0 | 0 |
| 565 | 692 | 2,105 | 2,470 | 2,732 | |
| Total Assets | 713 | 840 | 2,254 | 2,649 | 3,006 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| 57 | -44 | 214 | -176 | |
| -22 | -55 | -318 | 244 | |
| 13 | 47 | 189 | -85 | |
| Net Cash Flow | 48 | -51 | 85 | -17 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Debtor Days | 301 | 286 | 161 | 276 |
| Inventory Days | 158 | 118 | 65 | 51 |
| Days Payable | 800 | 422 | 241 | 459 |
| Cash Conversion Cycle | -340 | -18 | -14 | -132 |
| Working Capital Days | 75 | 60 | -14 | 113 |
| ROCE % | 7% | 53% | 41% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
12 Feb - One-on-one analyst/institutional meeting Feb 17, 2026 in Mumbai (Ambit UPNEXT), 9:30–19:00 IST.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
11 Feb - LoA: Rs 17,750m for 250MW solar +1,100MWh BESS at Pavagada; COD within 18 months; 25-year tariff Rs5.51.
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Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
10 Feb - Awarded 250 MWAC solar + 250 MW/1100 MWh BESS at Pavagada; project cost Rs17,750M; tariff Rs5.51/unit; 18-month execution.
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Announcement under Regulation 30 (LODR)-Monitoring Agency Report
9 Feb - Monitoring report: IPO proceeds Rs8,191.48mn; Rs2,265.20mn utilized; Rs5,926.28mn unutilised as of Dec 31, 2025.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
9 Feb - Audio recording of investor call on Q3 and nine-month unaudited results (Dec 31, 2025) available online.
Business Profile[1]
Pace Digitek Limited is a telecom infrastructure solutions provider with operations spanning telecom, energy, and ICT (information & communication technology) sectors. The company designs, manufactures, installs, commissions, and maintains telecom towers and optical fibre networks, offering end-to-end turnkey solutions.