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PACE DIGITEK PRIVATE LIMITED

Active
Updated: 22 Oct 2024

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

Pace Digitek Private Limited, is an unlisted private company incorporated on 01 March, 2007. It is classified as a public limited company and is located in Bangalore, Karnataka. It's authorized share capital is INR 92.00 cr and the total paid-up capital is INR 5.83 cr.

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Industry

Manufacturing (Machinery & Equipments)
Products
  • DC power hubs, DCEM, DC air cons, and more, ITPU, transmission racks, inverters, remote BTS on/off, PPRMS
Key Metrics

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

Sales
1220.95%
₹ 2,396.3
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

Locations

indian flag India (33)
State Type Address

location icon Locations on Map

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Tofler Score

Very Good
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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.

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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
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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
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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
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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
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Ratios

Current ratio
Debt/equity ratio

Charges on assets

Bank wise
Charges
1

Canara Bank

No. of Loans: 3

Total Amount : 71.0 cr

2

INDIAN RENEWABLE ENERGY DEVELOPMENT AGEN CY LIMITED

No. of Loans: 1

Total Amount : 41.7 cr

3

ICICI Bank Limited

No. of Loans: 1

Total Amount : 40.0 cr

4

Indian Renewable Energy Development Agency Limited

No. of Loans: 1

Total Amount : 7.9 cr

5

Axis Bank Limited

No. of Loans: 1

Total Amount : 1.3 cr

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Charges

Canara Bank
INDIAN RENEWABLE ENERGY DEVELOPMENT AGEN CY LIMITED
ICICI Bank Limited
Indian Renewable Energy Development Agency Limited
Others

People

Designation Name DIN/PAN Tenure
Managing Director Venugopalrao Maddisetty
Shareholder
02070491 18 years
Director Maddisetty Padma
Shareholder
02070662 18 years
Director Rajiv Maddisetty
Shareholder
08495070 6 years

Company Network

Companies connected through Directors

Name Status Paid up Capital Common Directors Address
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 Karnataka
AISRI DEVELOPERS PRIVATE LIMITED
Active
10.0 L 1 Karnataka

Subsidiary Companies

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

Registered Details

CIN

U31909KA2007PLC041949

PAN

AAECP2697K

Incorporation

2007, 18.1 years

Company Email

rajavendhan.p@pacedigitek.com

Paid up Capital

₹ 5.8 Cr

Authorised Capital

₹ 92.0 Cr

AGM

Jul 2024

Type

Private
Non-government Company

FAQ - PACE DIGITEK PRIVATE LIMITED

What is the incorporation date of PACE DIGITEK PRIVATE LIMITED?

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

What is the authorized share capital of PACE DIGITEK PRIVATE LIMITED?

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

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

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The paid-up capital of PACE DIGITEK PRIVATE LIMITED is INR ₹ 5.8 Cr.

What is the registered address of PACE DIGITEK PRIVATE LIMITED?

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The registered address of PACE DIGITEK PRIVATE LIMITED is Plot # V 12, Industrial Estate, Kumbalgodu, Bangalore My sore Highway, NA Bangalore Karnataka - 560074

What is the CIN number of PACE DIGITEK PRIVATE LIMITED?

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The CIN number of PACE DIGITEK PRIVATE LIMITED is U31909KA2007PLC041949.

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