Pace Digitek Limited Announces Audited Financial Results and Board Approvals for Q/FY Ending March 31, 2026

Pace Digitek Limited Announces Audited Financial Results and Board Approvals for Q/FY Ending March 31, 2026​

Pace Digitek Limited held its Board of Directors meeting on May 25, 2026. The meeting resulted in the approval of the audited Standalone and Consolidated Financial Results for the quarter and financial year ended March 31, 2026. Additionally, the Board approved the appointment of Mr. Pramod S, Practicing Company Secretary, as the Secretarial Auditor for a period of five years, covering the Financial Year 2026-27 through 2030-31.

Financial Performance Overview​

The audited financial results reflect significant revenue growth for the Group. The total income for the year ended March 31, 2026, reached ₹23,093.19 million in standalone results and ₹24,622.02 million in consolidated results.

The company reported a total comprehensive income of ₹408.74 million in standalone results for the year ended March 31, 2026, compared to ₹3,069.92 million in consolidated results.

Key Financial Highlights (Amounts in ₹ million)​

Statement of Financial Position​

The company's total assets increased significantly from the previous fiscal year. According to the audited consolidated balance sheet, the total assets reached ₹53,142.11 million as of March 31, 2026, up from ₹26,489.56 million on March 31, 2025.

Key components of the balance sheet include:

Major Business Transactions and Operational Updates​

The company announced that during the year ended March 31, 2026, it completed its Initial Public Offer (IPO) of ₹8,191.48 million. The equity shares resulting from the IPO are listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) as of October 06, 2025.

The total proceeds from the issue of shares consisted of the IPO proceeds of ₹8,191.48 million, with estimated offer expenses of ₹733.14 million, resulting in net proceeds of ₹7,458.34 million.

Operationally, the company acquired the entire Equity Share capital of Pace Renewable Energies Private Limited (PREPL) from its existing promoters, making PREPL a wholly owned subsidiary. Furthermore, the company subscribed to 3,15,00,000 Optionally Convertible Debentures ('OCDs') with a face value of ₹100 each, totaling ₹3,150 million, pursuant to the agreement with PREPL.

Cash Flow Analysis​

In cash flow from operating activities, the net cash generated was ₹1,916.18 million for the year ended March 31, 2026, compared to ₹783.54 million for the same period in 2025.

The primary drivers of cash flows included a substantial proceeds from the issue of equity shares of ₹7,402.64 million, leading to a net cash increase of ₹1,916.18 million for the period.

Sources of Key Data​

• Standalone Financial Results: For the quarter and year ended March 31, 2026.
• Consolidated Financial Results: For the quarter and year ended March 31, 2026.
• Source: Pace Digitek Limited.

PACEDIGITK Stock Price Movement​

On Monday, Pace Digitek Limited shares edged higher, gaining ₹0.45 or 0.24% to settle at ₹190.4. The equity saw solid trading interest, with total volume hitting 2.02 million shares.