Telecom stock jumps 3% after receiving ₹100 Cr order for Battery Energy Storage System

Synopsis:
The shares of the company which fell last week slightly recovered with the news of this purchase order receipt of around Rs. 100 crore for LFP Battery Energy Storage System.

The share of the company, which is a technology and engineering enterprise and has transformed from a passive telecom equipment manufacturer into an integrated infrastructure and energy solutions provider, is in focus after the Purchase order receipt.

With the market capitalization of Rs. 4,600.87 Crore, Pace Digitek Ltd’s share on Thursday opened to mark a day high of Rs. 218 per share, up by 3 percent from its previous day’s close price of Rs. 211.60 per share. 

Significant Order

Pace Digitek Ltd’s subsidiary Lineage Power Private Limited has received a domestic order worth Rs. 100 Crores from Advait Greenergy Private Limited, for purchase of LFP Battery Energy Storage System and other related equipment.

The delivery schedule is as follows: First 50 percent of the BESS DC blocks supplies should be completed by March 15, 2026. The rest of the system will be supplied by April 15, 2026.

The company is obliged to deliver all goods specified in the contract on D.A.P basis. The initial delivery shall occur within 102 days from the effective date, and all subsequent deliveries shall be completed within 31 days following the first shipment, as per schedule provided by the buyer.

About the company

Pace Digitek Limited, headquartered in Bengaluru, is a technology and engineering enterprise driving India’s digital and energy transition. Established in 2007, the firm has evolved into a diversified infrastructure solutions provider with integrated capabilities across manufacturing, EPC, and O&M in Telecom Infrastructure and Renewable Energy Storage.

PDL operates through a fully integrated model, offering end-to-end infrastructure solutions that cover manufacturing, EPC execution, and lifecycle management. Its manufacturing and service portfolio spans the production, installation, and commissioning of telecom power systems, solar energy equipment, and BESS Infrastructure, ensuring reliability from design to deployment.

The company’s order book as of Q2 FY26 of the Energy segment stands at Rs. 5,869 crore and that of Telecom segment stands at Rs. 3,366 crore, with the company’s core operating Verticals being Telecom, Energy and ICT.

Financial Highlights, revenue declined by 37 percent to Rs. 533 crore in Q2 FY26 from Rs. 846 crore in Q2 FY25. EBDIT declined by 50 percent to Rs. 94.1 crore in Q2 FY26 from Rs. 187 crore in Q2 FY25. Accompanied by decline in both net profit by 33 percent YoY to Rs.67.9 crore and EPS decline of 98 percent YoY to Rs.3.59 per share.

Written by Gourav Pratap Singh

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 Telecom stock jumps 3% after receiving ₹100 Cr order for Battery Energy Storage System appeared first on Trade Brains.