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Pace Digitek Limited
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Registered Details

PACE DIGITEK LIMITED

All Companies ›

Karnataka ›

Manufacturing of Machinery ›

Active

Updated: 11 Sep 2025

The company is a power management solutions company, designs, develops, and manufactures infra power management, green energy, telecom, and other products.

Pace Digitek Limited, is an unlisted public company incorporated on 01 March, 2007. It is classified as a public limited company and is located in , Karnataka. It's authorized share capital is INR 92.00 cr and the total paid-up capital is INR 35.69 cr.

Subscription Plans

Industry and products

Manufacturing (Machinery & Equipments)

inverters, PPRMS, DC air cons, and more, transmission racks, remote BTS on/off, DC power hubs, DCEM, ITPU

Company size

Auth Capital

₹ 92.0 Cr

Paidup Capital

₹ 35.7 Cr

Revenue

₹ 2250-2500 cr

Key Metrics

** All rupee values in INR crores. Based on March 2024 numbers.

Total Revenue

1202.8%

₹ 2,412.8

EBITDA

1726.81%

₹ 316.1

Net Profit

2391.7%

₹ 165.0

Networth

72.47%

₹ 392.6

Borrowings

215.09%

₹ 429.7

Assets

232.48%

₹ 1,926.6

Gross Margin

-16.13

16.4 %

Operating Margin

3.65

13.2 %

Net Profit Margin

3.26

6.8 %

Return on Equity

39.11

42.0 %

ROCE

55.4

60.4 %

Debt to Equity

0.49

1.1

Sales

Mar 2024

Net worth

Mar 2024

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Locations

India (33)

State	Type	Address

Locations on Map

People

Designation	Name	DIN/PAN	Tenure
Director	Rajiv Maddisetty Shareholder	08495070	6 years
Director	Maddisetty Padma Shareholder	02070662	19 years
Managing Director	Venugopalrao Maddisetty Shareholder	02070491	19 years
Director	Prabhakar Reddy Patil	00377406	1 years
Director	Satishchandra Balkrishna Ogale	07125244	1 years
Director	Om Prakash Mishra	09244477	1 years

Financial Highlights

** All numbers in INR crores

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Sales	216.9	284.7	170.6	181.4	2,396.3
Operating profit	17.7	26.2	23.4	17.3	316.1
Net profit	-2.3	10.2	9.2	6.6	165.0
Gross margin	27.6	22.7	35.0	32.5	16.4
Operating margin	8.2	9.2	13.7	9.5	13.2
Net margin	-1.1	3.5	5.4	3.6	6.8
Networth	123.6	211.8	221.0	227.7	392.6
Borrowings	81.1	56.1	92.6	136.4	429.7
Assets	413.2	547.0	505.9	579.5	1,926.6
Debt to equity	0.7	0.3	0.4	0.6	1.1
Current ratio	1.3	1.3	1.5	1.5	1.3
ROE	-1.9	4.8	4.2	2.9	42.0
Days payable	426.0	355.0	526.0	291.0	159.0
WC days	124.0	110.0	238.0	239.0	58.0

Margins

Gross margin

Operating margin

Net margin

Balance Sheet

Standalone

Consolidated

₹

** All numbers in INR crores

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Equity Capital	5.0	5.0	5.0	5.0	5.0
Reserves	118.6	206.8	216.0	222.7	387.6
Borrowings +	81.1	56.1	92.6	136.4	429.7
Long term borrowings	23.3	22.4	38.0	30.4	95.9
Short term borrowings	57.7	33.8	54.6	106.0	333.8
Trade payables +	183.2	214.0	159.6	97.7	871.3
Days payable	426.0	355.0	526.0	291.0	159.0
Other liabilities +	208.6	279.1	192.3	215.4	1,104.3
Other non-current liabilities	4.5	4.2	4.0	66.4	83.1
Other current liabilities	20.9	60.9	28.7	51.3	149.9
Total liabilities	413.2	547.0	505.9	579.5	1,926.6
Fixed Assets +	64.6	139.6	135.2	136.0	134.4
Tangible assets	61.4	134.4	129.9	127.1	124.5
CWIP	3.1	5.1	5.3	8.9	9.8
Intangible assets	-	-	-	-	-
LT loans and advances	-	-	-	1.4	1.6
Other non-current assets	13.4	13.1	16.6	68.2	54.2
Current assets +	335.3	394.4	354.1	373.8	1,736.4
Inventories	22.1	15.3	18.1	23.0	114.1
Trade receivables	238.3	287.7	270.6	174.4	997.6
Cash and cash equivalents	39.0	28.0	39.7	92.7	462.7
ST loans and advances	33.9	62.4	25.1	82.6	149.0
Other current assets	2.0	1.1	0.6	1.3	13.1
Total assets	413.2	547.0	505.9	579.5	1,926.6

Percentage of assets	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Equity Capital	1.21	0.91	0.99	0.86	0.26
Reserves	28.7	37.8	42.7	38.42	20.12
Borrowings +	19.62	10.26	18.3	23.53	22.3
Long term borrowings	5.65	4.09	7.52	5.24	4.98
Short term borrowings	13.97	6.17	10.78	18.29	17.32
Trade payables	44.32	39.13	31.55	16.86	45.23
Other liabilities +	50.48	51.02	38.01	37.18	57.32
Other non-current liabilities	1.1	0.77	0.8	11.46	4.31
Other current liabilities	5.06	11.13	5.67	8.86	7.78
Total liabilities
Fixed Assets +	15.62	25.52	26.73	23.47	6.97
Tangible assets	14.85	24.58	25.68	21.94	6.46
CWIP	0.76	0.93	1.05	1.53	0.51
Intangible assets	0.02	0.01	0.01	0.0	0.0
LT loans and advances	0.0	0.0	0.0	0.25	0.08
Other non-current assets	3.23	2.39	3.27	11.77	2.81
Current assets +	81.14	72.1	70.0	64.51	90.13
Inventories	5.35	2.79	3.57	3.97	5.92
Trade receivables	57.66	52.59	53.5	30.09	51.78
Cash and cash equivalents	9.45	5.12	7.85	15.99	24.01
ST loans and advances	8.2	11.4	4.96	14.25	7.73
Other current assets	0.49	0.19	0.12	0.22	0.68
Total assets

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Equity Capital	5.0	5.0	5.0	5.0	5.0
Reserves	216.5	314.8	326.9	341.8	584.7
Borrowings +	122.1	100.7	123.9	192.1	446.9
Long term borrowings	26.0	23.5	49.6	37.8	55.5
Short term borrowings	96.1	77.1	74.3	154.3	391.4
Trade payables +	219.2	266.5	191.1	173.2	934.4
Days payable	237.0	225.0	248.0	173.0	174.0
Other liabilities +	281.5	350.9	262.7	311.9	1,233.2
Other non-current liabilities	12.3	11.6	8.2	71.1	111.1
Other current liabilities	49.9	72.8	63.4	67.6	187.7
Total liabilities	625.1	771.3	718.5	850.8	2,269.8
Fixed Assets +	87.1	155.9	146.2	144.2	142.8
Tangible assets	80.4	147.5	138.2	132.9	131.4
CWIP	4.4	6.3	6.0	9.6	9.8
Intangible assets	2.4	2.1	1.9	1.8	1.6
LT loans and advances	-	-	-	-	-
Other non-current assets	-	-	-	55.0	40.9
Current assets +	537.9	615.3	572.3	651.6	2,086.0
Inventories	59.8	42.5	45.3	62.7	202.2
Trade receivables	335.3	434.5	360.0	368.2	1,153.3
Cash and cash equivalents	80.7	60.5	120.2	130.1	532.9
ST loans and advances	57.9	73.7	39.0	87.7	194.8
Other current assets	4.2	4.2	7.8	2.8	2.7
Total assets	625.1	771.3	718.5	850.8	2,269.8

Percentage of assets	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Equity Capital	0.8	0.65	0.7	0.59	0.22
Reserves	34.64	40.81	45.5	40.17	25.76
Borrowings +	19.53	13.05	17.24	22.58	19.69
Long term borrowings	4.15	3.05	6.9	4.44	2.44
Short term borrowings	15.38	10.0	10.34	18.14	17.24
Trade payables	35.07	34.55	26.6	20.35	41.17
Other liabilities +	45.03	45.49	36.56	36.66	54.33
Other non-current liabilities	1.97	1.51	1.14	8.36	4.9
Other current liabilities	7.98	9.44	8.82	7.95	8.27
Total liabilities
Fixed Assets +	13.94	20.22	20.35	16.95	6.29
Tangible assets	12.86	19.12	19.23	15.62	5.79
CWIP	0.7	0.82	0.84	1.13	0.43
Intangible assets	0.38	0.28	0.27	0.21	0.07
LT loans and advances	0.0	0.0	0.0	0.0	0.0
Other non-current assets	0.01	0.01	0.01	6.47	1.8
Current assets +	86.06	79.78	79.65	76.58	91.9
Inventories	9.57	5.5	6.3	7.37	8.91
Trade receivables	53.64	56.33	50.1	43.27	50.81
Cash and cash equivalents	12.91	7.84	16.73	15.29	23.48
ST loans and advances	9.27	9.56	5.43	10.31	8.58
Other current assets	0.67	0.55	1.09	0.33	0.12
Total assets

Total assets

Profit & Loss

Standalone

Consolidated

₹

** All numbers in INR crores

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Sales +	216.9	284.7	170.6	181.4	2,396.3
Sales growth %	-29.7	31.24	-40.07	6.33	1220.95
Expenses +	221.7	272.5	159.6	176.3	2,194.0
Cost of goods	157.1	220.2	110.8	122.4	2,003.7
Employee cost	27.7	19.9	23.7	26.8	38.9
Other costs	14.5	18.4	12.6	14.9	37.6
Operating profit +	17.7	26.2	23.4	17.3	316.1
Operating margin %	8.2	9.2	13.7	9.5	13.2
Other income	2.3	2.2	1.7	3.8	16.5
Interest	16.6	9.0	7.9	7.7	109.5
Depreciation	5.8	5.0	4.6	4.5	4.3
Exceptional items	-	-	-	-	-
Profit before tax	-2.4	14.3	12.6	8.9	218.8
Tax	-0.1	4.2	3.4	2.3	53.8
Profit - disc. ops	-	-	-	-	-
Net profit	-2.3	10.2	9.2	6.6	165.0
Net margin %	-1.1	3.5	5.4	3.6	6.8

Precentage of total income	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Sales	98.95	99.25	99.04	97.95	99.32
Expenses +	101.12	95.0	92.67	95.18	90.93
Cost of goods	71.64	76.75	64.34	66.11	83.05
Employee cost	12.64	6.93	13.76	14.46	1.61
Other costs	6.6	6.43	7.33	8.04	1.56
Operating profit	8.07	9.14	13.61	9.34	13.1
Other income	1.05	0.75	0.96	2.05	0.68
Interest	7.58	3.15	4.58	4.17	4.54
Depreciation	2.66	1.74	2.67	2.4	0.18
Exceptional items	0.0	0.0	0.0	0.0	0.0
Profit before tax	-1.12	5.0	7.33	4.82	9.07
Tax	-0.06	1.45	1.96	1.25	2.23
Profit - disc. ops	0.0	0.0	0.0	0.0	0.0
Net profit	-1.06	3.55	5.37	3.58	6.84

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Sales +	473.9	579.4	414.2	516.3	2,511.4
Sales growth %	-19.1	22.27	-28.51	24.63	386.47
Expenses +	467.6	554.2	401.5	502.5	2,212.3
Cost of goods	337.4	433.1	281.5	364.4	1,958.9
Employee cost	62.6	59.1	64.3	74.8	48.6
Other costs	30.1	36.7	32.0	43.3	82.7
Operating profit +	43.8	50.6	36.4	33.8	421.2
Operating margin %	9.2	8.7	8.8	6.5	16.8
Other income	9.2	3.8	4.1	7.1	21.3
Interest	22.0	12.9	11.0	12.6	115.6
Depreciation	15.5	12.4	12.7	7.4	6.5
Exceptional items	-	-	-	-	-
Profit before tax	15.5	29.0	16.9	20.8	320.4
Tax	5.0	8.8	4.5	5.8	77.5
Profit - disc. ops	-	-	-	-	-
Net profit	8.6	18.9	11.8	12.9	227.7
Net margin %	1.8	3.2	2.8	2.5	9.0

Precentage of total income	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Sales	98.1	99.36	99.01	98.65	99.16
Expenses +	96.79	95.03	95.97	96.03	87.35
Cost of goods	69.83	74.26	67.29	69.63	77.34
Employee cost	12.97	10.13	15.37	14.3	1.92
Other costs	6.22	6.29	7.66	8.27	3.27
Operating profit	9.07	8.67	8.7	6.45	16.63
Other income	1.9	0.64	0.99	1.35	0.84
Interest	4.55	2.21	2.62	2.41	4.56
Depreciation	3.21	2.13	3.03	1.42	0.26
Exceptional items	0.0	0.0	0.0	0.0	0.0
Profit before tax	3.21	4.97	4.03	3.97	12.65
Tax	1.03	1.51	1.06	1.12	3.06
Profit - disc. ops	0.0	0.0	0.0	0.0	0.0
Net profit	1.79	3.24	2.82	2.46	8.99

Revenue from operations

Ratios

Standalone

Consolidated

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Solvency +
Total Debt/Equity	0.7	0.3	0.4	0.6	1.1
Net Debt/Equity	0.3	0.1	0.2	0.2	0.0
Total Debt/Assets	0.2	0.1	0.2	0.2	0.2
Total Assets/Equity	3.3	2.6	2.3	2.5	4.9
Liquidity +
Current Ratio	1.3	1.3	1.5	1.5	1.3
Quick Ratio	1.2	1.2	1.4	1.4	1.2
Interest Coverage	1.1	2.9	3.0	2.2	2.9
Performance
Gross Margin	27.6	22.7	35.0	32.5	16.4
Operating Margin	8.2	9.2	13.7	9.5	13.2
Net Margin	-1.1	3.5	5.4	3.6	6.8
Return +
Return on Equity	-1.9	4.8	4.2	2.9	42.0
Pre-tax ROCE	8.6	9.4	7.7	5.0	60.4
Return on Assets	-0.6	1.9	1.8	1.1	8.6
Pre-tax ROIC	7.2	8.8	6.9	4.7	79.4
Efficiency +
Days Payable	426.0	355.0	526.0	291.0	159.0
Days Inventory	51.0	25.0	60.0	69.0	21.0
Days Receivable	401.0	369.0	579.0	351.0	152.0
Fixed Asset Turnover	3.4	2.0	1.3	1.3	17.8
Total Asset Turnover	0.5	0.5	0.3	0.3	1.2
Working Capital
Cash Conversion Cycle	26.0	39.0	113.0	129.0	14.0
Working Capital Days	124.0	110.0	238.0	239.0	58.0

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Solvency +
Total Debt/Equity	0.6	0.3	0.4	0.6	0.8
Net Debt/Equity	0.2	0.1	0.0	0.2	0.0
Total Debt/Assets	0.2	0.1	0.2	0.2	0.2
Total Assets/Equity	2.8	2.4	2.2	2.5	3.9
Liquidity +
Current Ratio	1.5	1.5	1.7	1.6	1.4
Quick Ratio	1.3	1.4	1.6	1.5	1.2
Interest Coverage	2.0	3.9	3.3	2.7	3.6
Performance
Gross Margin	28.8	25.3	32.0	29.4	22.0
Operating Margin	9.2	8.7	8.8	6.5	16.8
Net Margin	1.8	3.2	2.8	2.5	9.0
Return +
Return on Equity	3.9	5.9	3.6	3.7	38.6
Pre-tax ROCE	10.9	10.8	6.1	6.6	58.0
Return on Assets	1.4	2.5	1.6	1.5	10.0
Pre-tax ROIC	10.8	10.6	7.1	6.4	70.3
Efficiency +
Days Payable	237.0	225.0	248.0	173.0	174.0
Days Inventory	65.0	36.0	59.0	63.0	38.0
Days Receivable	258.0	274.0	317.0	260.0	168.0
Fixed Asset Turnover	5.4	3.7	2.8	3.6	17.6
Total Asset Turnover	0.8	0.8	0.6	0.6	1.1
Working Capital
Cash Conversion Cycle	86.0	85.0	128.0	150.0	32.0
Working Capital Days	133.0	125.0	215.0	181.0	83.0

Ratios

Current ratio

Debt/equity ratio

Charges on assets

Bank wise

Charges

Canara Bank

No. of Loans: 3

Total Amount : 697.6 cr

Indian Renewable Energy Development Agency Limited

No. of Loans: 3

Total Amount : 402.5 cr

INDIAN RENEWABLE ENERGY DEVELOPMENT AGEN CY LIMITED

No. of Loans: 1

Total Amount : 41.7 cr

ICICI Bank Limited

No. of Loans: 1

Total Amount : 40.0 cr

Charge Holder	Amount	Date of creation/modification
Canara Bank	661.6 cr	05 Mar, 2025
Indian Renewable Energy Development Agency Limited	362.5 cr	14 Feb, 2025
Indian Renewable Energy Development Agency Limited	32.1 cr	10 Oct, 2024
Canara Bank	28.0 cr	28 Feb, 2024
ICICI Bank Limited	40.0 cr	30 Dec, 2023
Indian Renewable Energy Development Agency Limited	7.9 cr	30 Sep, 2021
INDIAN RENEWABLE ENERGY DEVELOPMENT AGEN CY LIMITED	41.7 cr	26 Dec, 2018
Canara Bank	8.0 cr	05 Oct, 2013

Charges

Canara Bank

Indian Renewable Energy Development Agency Limited

INDIAN RENEWABLE ENERGY DEVELOPMENT AGEN CY LIMITED

ICICI Bank Limited

Company Network

Companies connected through Directors

Name	Status	Paid up Capital	Common Directors	Address
VENKATESWAERA ORGANIC AND NATURALS PRIVATE LIMITED	Active	1.0 L	1	Karnataka
SWAN DEFENCE AND HEAVY INDUSTRIES LIMITED	Active	52.7 Cr	1	Gujarat
SWAN CORP LIMITED	Active	31.3 Cr	1	Maharashtra
KHFM HOSPITALITY AND FACILITY MANAGEMENT SERVICES LIMITED	Active	21.7 Cr	1	Maharashtra
PACE AGROTECH (INDIA) PRIVATE LIMITED	Strike Off	1.0 L	2	Karnataka
PACE ORGANIC FARMS PRIVATE LIMITED	Strike Off	1.0 L	2	Karnataka
AP DIGITAL INFRA PRIVATE LIMITED	Active	1.0 L	2	Andhra Pradesh
INSO PACE PRIVATE LIMITED	Active	1.0 L	2	Karnataka
ARKA INSURANCE BROKING PRIVATE LIMITED	Active	7.2 Cr	1	Karnataka
VPACE REALTEK PRIVATE LIMITED	Active	10.0 L	2	Karnataka
PACE DIGITEK PRIVATE LIMITED	Active	5.8 Cr	3	Karnataka
PACE RENEWABLE ENERGIES PRIVATE LIMITED	Active	10.4 Cr	3	Karnataka
LINEAGE POWER PRIVATE LIMITED	Active	5.0 Cr	3
MATERIALS MAGICA LLP	Active	1.0 L	1	Maharashtra
S & T DIGITAL LLP	Active	2.0 L	1	Maharashtra
VIGYANDEEP SCIENCE FOUNDATION	Active	1.0 L	1	Maharashtra
INDIAN INSTITUTE OF BANKING AND FINANCE	Active	0.0	1	Maharashtra
SBI INFRA MANAGEMENT SOLUTIONS PRIVATE LIMITED	Under Liquidation	40.0 Cr	1	Maharashtra

Subsidiary Companies

Name	State / Country	Incorporation Year	Paidup Capital
PACE RENEWABLE ENERGIES PRIVATE LIMITED	Karnataka	2010	₹ 10.4 Cr
LINEAGE POWER PRIVATE LIMITED		2010	₹ 5.0 Cr
Lineage Power Singapore Holdings PTE Limited	Singapore	-	-
AP DIGITAL INFRA PRIVATE LIMITED	Andhra Pradesh	2018	₹ 1.0 L

Tofler Score

Very Good

Poor

Fair

Good

Very Good

Excellent

Risk

Severe Risk

No risks identified

Moderate Risk

HIGH LEVERAGE

Low Risk

LOW INVENTORY
GROSS MARGINS DETERIORATING

About Tofler Score

Tofler Score measures the quality of performance and integrity of a company. It is dependent on three key factors - Sustainability, Governance, and Growth.

CIN

U31909KA2007PLC041949

PAN

AAECP2697K

Incorporation

2007, 18.6 years

Company Email

rajavendhan.p@pacedigitek.com

Paid up Capital

₹ 35.7 Cr

Authorised Capital

₹ 92.0 Cr

AGM

Jul 2024

Type

Public

Others

FAQ - PACE DIGITEK LIMITED

What is the incorporation date of PACE DIGITEK LIMITED?

The incorporation date of PACE DIGITEK LIMITED is 01 March, 2007

What is the authorized share capital of PACE DIGITEK LIMITED?

The authorized share capital of PACE DIGITEK LIMITED is INR ₹ 92.0 Cr.

What is the paid-up capital of PACE DIGITEK LIMITED?

The paid-up capital of PACE DIGITEK LIMITED is INR ₹ 35.7 Cr.

What is the registered address of PACE DIGITEK LIMITED?

The registered address of PACE DIGITEK LIMITED is Plot # V 12, Industrial Estate, Kumbalgodu, Bangalore Mysore Highway, Bangalore, Karnataka, India, 560074 - 560074

What is the CIN number of PACE DIGITEK LIMITED?

The CIN number of PACE DIGITEK LIMITED is U31909KA2007PLC041949.

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Tofler, TWS Systems Private Limited and its officers respect the Intellectual Property Rights of all people. Tofler makes no claim of ownership or affiliation with any trademark (REGISTERED OR UNREGISTERED) that forms part of any Company/LLP name listed on this page. Trademarks, if any, listed on this page belong to... Read More

PACE DIGITEK LIMITED

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