Pace Digitek Q2 FY27 Results: Consolidated Net Profit ₹97.28 Crore on Total Income of ₹821 Crore
- Earnings
- Electrical equipment and renewable energy EPC
Reviewed byRachit TripathiBlacklitt Research
Pace Digitek (NSE: PACEDIGITK) reported consolidated total income of ₹821.39 crore and net profit of ₹97.28 crore for the quarter ended 30 Sep 2026, it said in a filing on 31 Oct 2026. Standalone total income was ₹614.94 crore and standalone net profit ₹58.24 crore.
Key highlights
Consolidated
Including its subsidiaries
- Total income: ₹821.39 crore, up 51.1% YoY and 40.7% QoQ
- Net profit and EPS: ₹97.28 crore, up 43.4% YoY; basic EPS ₹4.35 against ₹3.59
- Finance costs: ₹35.61 crore against ₹6.55 crore a year before
Standalone
The company on its own, without its subsidiaries
- Total income: ₹614.94 crore, up 75.8% YoY and 117.2% QoQ
- Net profit and EPS: ₹58.24 crore, down 5.3% YoY; basic EPS ₹2.70 against ₹3.45
- Finance costs: ₹10.04 crore against ₹4.83 crore a year before
Summary
| Particulars | Q2 FY27 | Q2 FY26 | YoY | Q1 FY27 | QoQ |
|---|---|---|---|---|---|
| 821.39 | 543.58 | +51.1% | 583.71 | +40.7% | |
| Revenue from operations | 808.17 | 533.44 | +51.5% | 555.37 | +45.5% |
| Other income | 13.22 | 10.14 | +30.4% | 28.34 | -53.4% |
| 97.28 | 67.86 | +43.4% | 62.50 | +55.6% | |
| Finance costs | 35.61 | 6.55 | +443.7% | 28.34 | +25.7% |
| Depreciation | 5.84 | 2.09 | +179.4% | 4.44 | +31.5% |
| Tax expense | 33.06 | 27.72 | +19.3% | 19.12 | +72.9% |
| Net profit margin | 11.84% | 12.48% | -0.64 pp | 10.71% | +1.14 pp |
| Tax as share of profit before tax | 25.4% | 29.0% | -3.63 pp | 23.4% | +1.94 pp |
| EPS, basic (₹) | 4.35 | 3.59 | +21.2% | 2.84 | +53.2% |
Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.
Consolidated total income rose 51.1% to ₹821.39 crore and net profit rose 43.4% to ₹97.28 crore. Profit before tax rose from ₹95.59 crore to ₹130.34 crore, a gain of 36.4%, while tax expense went from ₹27.72 crore to ₹33.06 crore.
Finance costs rose to ₹35.61 crore from ₹6.55 crore a year earlier, and depreciation to ₹5.84 crore from ₹2.09 crore. Finance costs are 4.3% of total income this quarter. Non-current finance lease receivables more than doubled between 31 Mar 2026 and 30 Sep 2026 in the consolidated balance sheet.
Other income of ₹13.22 crore is 1.6% of total income, down from ₹28.34 crore in the previous quarter. Of the ₹97.28 crore net profit, ₹93.89 crore is attributable to owners of the company. Basic EPS of ₹4.35 compares with ₹3.59 a year earlier and ₹2.84 in the previous quarter.
| Particulars | Q2 FY27 | Q2 FY26 | YoY | Q1 FY27 | QoQ |
|---|---|---|---|---|---|
| 614.94 | 349.89 | +75.8% | 283.13 | +117.2% | |
| Revenue from operations | 594.55 | 342.11 | +73.8% | 264.24 | +125.0% |
| Other income | 20.39 | 7.78 | +162.1% | 18.89 | +7.9% |
| 58.24 | 61.53 | -5.3% | 42.51 | +37.0% | |
| Finance costs | 10.04 | 4.83 | +107.9% | 7.89 | +27.2% |
| Depreciation | 4.03 | 1.07 | +276.6% | 3.19 | +26.3% |
| Tax expense | 20.02 | 20.90 | -4.2% | 14.73 | +35.9% |
| Net profit margin | 9.47% | 17.59% | -8.11 pp | 15.01% | -5.54 pp |
| Tax as share of profit before tax | 25.6% | 25.4% | +0.23 pp | 25.7% | -0.15 pp |
| EPS, basic (₹) | 2.70 | 3.45 | -21.7% | 1.97 | +37.1% |
Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.
Standalone total income rose 75.8% to ₹614.94 crore, with revenue from operations at ₹594.55 crore, up 73.8%, and other income at ₹20.39 crore, up from ₹7.78 crore. Net profit fell 5.3% to ₹58.24 crore from ₹61.52 crore a year earlier.
Profit before tax fell from ₹82.43 crore to ₹78.26 crore. Tax expense was ₹20.02 crore against ₹20.90 crore, and the net profit margin was 9.47% against 17.59%. Other income of ₹20.39 crore is 26.1% of profit before tax this quarter.
Standalone finance costs of ₹10.04 crore are 1.6% of total income, and depreciation rose to ₹4.03 crore from ₹1.07 crore. Consolidated net profit of ₹97.28 crore is ₹39.04 crore above standalone net profit of ₹58.24 crore.
Inference
The filing says the company completed an IPO in the year ended 31 Mar 2026, with net proceeds of ₹745.83 crore after estimated expenses, and that its shares were listed on NSE and BSE on 06 Oct 2025.
During the period the company subscribed to rights shares of PREPL worth ₹90.00 crore, and PREPL will use the funds for Battery Energy Storage Systems for a project awarded by the Maharashtra State Electricity Distribution Company. The company also subscribed to rights shares and optionally convertible debentures of Inso Pace Private Limited, which became a wholly owned subsidiary during the period.
Consolidated net cash used in operating activities for the six months was negative, while standalone operating cash flow was positive. Not stated: the reason for the consolidated operating cash outflow and the rise in finance lease receivables, and whether the company has a dividend policy.
Filed with BSE on . Reference: Original filing (PDF)
Disclaimer:
The information available on this article is provided for education and informational purposes only. It does not constitute or provide financial, investment or trading advice and should not be construed as an endorsement of any specific stock or financial strategy in any form or manner. We do not make any representations or warranties regarding the quality, reliability, or accuracy of the information provided. This website may contain links to third-party content. We are not responsible for the content or accuracy of these external sources and do not endorse or verify the information provided by third parties. We are not liable for any decisions made or actions taken based on the information provided on this website.
