Transcript - Investor call held on August 06, 2026

Pace Digitek Limited (Formerly Known as Pace Digitek Private Limited and Pace Digitek Infra Private Limited) Regd. Office: Plot No. V-12, Industrial Estate, Kumbalgodu, Mysore Highway, Bangalore - 560 074. T : +91 80 29547792 / 94 / 95 / 96. E : info@pacedigitek.com w : www.pacedigitek.com CIN-L31909KA2007PLC041949 Ref No: PDL/2026-27/Q02_29 Date: August 12, 2026 BSE Limited National Stock Exchange of India Ltd Phiroze Jeejeebhoy Towers Exchange Plaza, C-1, Block G Dalal Street, Fort Bandra Kurla Complex, Bandra (E) Mumbai – 400001 Mumbai – 400051 Scrip Code – 544550 Symbol – PACEDIGITK Dear Sir/Madam, Sub: Transcript of the Investor call on the Unaudited Standalone and Consolidated Financial Results for the Quarter Ended June 30, 2026 held on August 06, 2026 at 12:00 PM. In continuation of our letter bearing Ref No: PDL/2026-27/Q02_19 dated August 01, 2026 and pursuant to Regulation 46(2)(oa)(iii) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find the enclosed transcript of the Investor Call held on August 06, 2026, on the Unaudited Standalone and Consolidated Financial Results of the Company for the Quarter ended June 30, 2026. The transcript is available on the website of the Company on: https://www.pacedigitek.com/investor- relations/stock-exchange-compliance We hereby request you to take note of the same. Thanking You, For PACE DIGITEK LIMITED [Formerly known as Pace Digitek Private Limited and Pace Digitek Infra Private Limited] Meghana M P Company Secretary and Compliance Officer Membership No: A42534 Add: Plot No. V-12, Industrial Estate, Kumbalgodu, Mysore Highway, Bangalore - 560 074. Encl.: As above. Pace Digitek Limited Q1 FY2027 Earnings Conference Call August 6, 2026 12:00PM IST Management: Mr. Venugopal Rao Maddisetty – Chairman & MD – Pace Digitek Limited Mr. Rajavendhan P – Chief Financial Officer – Pace Digitek Limited Mr. Ajay Tambhale – Head, Investor Relations – Pace Digitek Limited Moderator: Ms. Sweta Jain – Anand Rathi Shares and Stock Brokers Limited This transcript has been edited to improve the readability. Page 1 of 15 Pace Digitek Limited August 06, 2026 Moderator: Ladies and gentlemen, good day and welcome to Pace Digitek Limited Q1 FY27 Earnings Conference Call, hosted by Anand Rathi Shares and Stock Brokers Limited. As a reminder, all participant lines will be in the listen-only mode, and there will be an opportunity for you to ask questions at the end of today's presentation. Should you need assistance during the conference call, please signal an operator by pressing '*' then '0' on your touchtone phone. Please note that this conference is being recorded. I would now like to hand the conference over to Ms. Sweta Jain from Anand Rathi Shares and Stock Brokers Limited. Thank you and over to you, ma'am. Sweta Jain: Good afternoon, everyone. We welcome you to the Q1 FY27 earnings conference call for Pace Digitek. From the management team today, we have with us Mr. Venugopal Rao Maddisetty, the Chairman and Managing Director, Mr. Rajavendhan P, the CFO, and Mr. Ajay Tambhale, the Head Investor Relations. I would now like to hand over the call to Mr. Venugopal sir for his opening comments. Over to you, sir. Venugopal Maddisetty: Good morning, everyone. Welcome to all the shareholders, investors, and analysts. Thank you, everyone, for joining this call. At a glance, we have started the FY27 on a strong note compared to the Q1 FY26. We had healthy execution across the energy and telecom businesses. However, the energy is taking bigger leap compared to telecom, driven by strong industry demand. As you know, we are continuously building an integrated infrastructure platform across both the sectors that we are into and doing further backward integrations in both areas. So, our business potential is quite strong. We have an order book of about Rs.10,800 crore, which gives us a strong revenue visibility. On the manufacturing side, we have commissioned the additional 2.5 GWh line, which means that we now have 5 GWh of BESS capacity operational. We also have plan to expand this to 10 GWh. The construction is completed, and all the equipments have been ordered. The equipments are expected to arrive towards the end of September 2026, with installation planned for October and November 2026. Hopefully, by beginning of December, we would have 10 GWh operational facility, which would be the biggest operational plant in India by that time. There are other players planning larger facilities, but we do have advantage of having started early. By the first week of December 2026 we expect to have 10 GWh facility, which would be the largest operational facility in India at that time. In addition to that, we have also started the container manufacturing within our factory, because this was one of bottlenecks we had in the BESS business. Till now, we are dependent on sourcing container from outside the country as there is no established ecosystem for the container manufacturing in India. On this front, we have set up our own manufacturing facility and the trial runs are going on. We are trying to complete the trials within this month and from next month onwards, we will start batch production. Page 2 of 15 Pace Digitek Limited August 06, 2026 On the project execution side, we have supplied over 300 containers, which is again a remarkable achievement from our manufacturing side. We have also started the project executions for other customers like SECI, KPTCL, MAHAGENCO and Bondada, with work already begun on the ground. We also have a 4 Build-Own-Operate (BOO) projects. So, we are trying to balance the EPC and the BOO projects so that our revenues as well as the cash flows are maintained. In our Telecom & ICT business, execution also progressed across BharatNet and Railway Kavach. For the Kavach project, around 30% work has been completed. On the research and development side, we are still buying the battery cells from China, which we do believe is not sustainable in long term, given our dependence on China for these battery cells. Cells are a very critical component in the energy storage segment. We have started a research center in Pune. It was inaugurated about three weeks ago and is led by Professor Ogale, who is also our Independent Director. A team of about eight experienced PhD holders scientists have joined the center. We have already started the planning for the cell manufacturing, including evaluating the right technology, chemistry and other related aspects. We also have signed a cooperation agreement with MEGMEET, a company that has developed power systems for data centers, particularly the AI data centres, which is a new and rapidly emerging global trend. Their products are approved by Nvidia and other major chip manufacturers. For India, we have tied up with them for providing those power solutions, coupled with our battery storage for all the new-age AI data centers in India. We already have started the work on the ground and there is a good amount of traction coming from the potential customers for these kinds of products. Also, Government of India has announced the PLI scheme for the cell manufacturing about two or three weeks ago for a 10 GWh capacity. We are applying for 4 GWh PLI scheme, which would provide support similar to a viability gap fund. The scheme is applicable for five years operations of the manufacturing operations, with a two-years gestation period, making the total duration of the scheme seven years. We have also tied up with a Big 4 consulting firm to assist us in preparing the bids. As I mentioned, we are also increasing our capacity from 5 to 10 GWh to maintain our leadership position in the BESS manufacturing. We also plans for the indigenous cell manufacturing, probably two years from now. Currently, we are supplying is majorly for grid-scale applications, which uses 5 MWh container. But there is another segment which is also very interesting, that is C&I, which [Showing first 8,000 characters — download PDF for full document]