Data Patterns (India) Limited (DATAPATTNS)
₹4,072.00 +0.82% last close, 16 Oct
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Data Patterns' revenue was ₹116 Cr (+17.2% year on year, -66.4% on the previous quarter), and net profit ₹22.1 Cr (-15.2% year on year); the operating margin was 27.0%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹116 | +17.2% | -66.4% |
| Operating profit | ₹31.4 | -2.0% | -83.7% |
| Net profit | ₹22.1 | -15.2% | -84.0% |
| EPS (₹) | 3.94 | -13.4% | -84.1% |
| Operating margin | 27.0% | — | — |
DATAPATTNS delivery percentage
NSE end-of-day data for
On Fri, 16 Oct 2026, 17.64% of the DATAPATTNS shares traded on NSE were taken to delivery, against the stock's own 20-session average of 26.44%. That is lower than usual for this stock. Volume was 0.4 times its average, well below normal.
Delivery in the last 5 sessions: 27.5% · 22.6% · 21.6% · 35.5% · 17.6%
A description of what the exchange published, not a recommendation. Names such as "accumulation" or "long buildup" label a pattern in the numbers. How delivery is analysed
📢 Recent Corporate Announcements
Data Patterns (India) Limited announced the cessation of Mr. Sastry Venkata Rama Vadlamani as Non-Executive Independent Director, effective at the end of business hours on September 09, 2026. Mr. Vadlamani opted not to seek re-appointment for a second term due to other commitments. Consequently, he also ceases to be a member of the respective board committees. This represents a planned completion of tenure rather than an unexpected departure.
- Completion of tenure effective closure of business hours on September 09, 2026
- Director decided not to seek re-appointment for a second term due to other commitments
- Ceases to be Non-Executive Independent Director and committee member
- Prior intimation was filed under reference SEC/SE/030/2026-27 dated June 25, 2026
CRISIL Ratings has revised its outlook on the long-term bank facilities of Data Patterns (India) Limited to 'Positive' from 'Stable', reaffirming the rating at 'CRISIL A+'. The short-term rating on bank facilities has been reaffirmed at 'CRISIL A1'. The rating covers total enhanced bank loan facilities of ₹775 Crore, comprising ₹725 Crore in bank guarantees and ₹50 Crore in cash credit limits across five banks. The letter remains valid till March 31, 2027.
- Outlook revised to Positive from Stable on long-term rating of CRISIL A+
- Short-term rating reaffirmed at CRISIL A1
- Total bank loan facilities rated enhanced to ₹775 Crore
- Non-fund based bank guarantees account for ₹725 Crore of the total rated facilities
- Rating letter issued on September 07, 2026, and valid until March 31, 2027
Data Patterns (India) Limited has executed a Share Purchase Agreement on August 25, 2026, to acquire a 100% equity stake in ST Advanced Composites Private Limited for a total consideration of approximately Rs 10 Crore. The deal structure entails Rs 1.50 Crore paid to promoters for equity shares and Rs 8.50 Crore extended as a loan to the target company to settle existing liabilities. Post-completion of customary conditions precedent, ST Advanced Composites will become a wholly owned subsidiary. The transaction represents a minor financial outlay relative to Data Patterns' net worth of Rs 1,736 Crore.
- Executed Share Purchase Agreement on August 25, 2026, to acquire 100% equity of ST Advanced Composites Private Limited
- Total transaction consideration stands at about Rs 10 Crore
- Purchase structure includes Rs 1.50 Crore for equity and Rs 8.50 Crore as a loan to clear target liabilities
- Target will become a wholly owned subsidiary upon completion of conditions precedent
Data Patterns (India) Limited has bagged a major domestic order worth Rs 585.76 Cr from Bharat Electronics Limited (BEL) for the supply of Radar Electronics. This win is part of Rs 771.08 Cr in total orders received post-July 30, 2026, of which Rs 745.93 Cr was previously categorized as negotiated and Rs 25.15 Cr represents completely new orders. The Rs 585.76 Cr contract significantly bolsters revenue visibility, exceeding 3x the company's Dec 2025 quarterly revenue of Rs 173.13 Cr. The company's total order book position as of July 30, 2026 stood at Rs 2,654 Cr.
- Bagged domestic order worth Rs 585.76 Cr from Bharat Electronics Limited for Radar Electronics
- Total orders received post-July 30, 2026 stand at Rs 771.08 Cr (including the BEL order)
- Rs 745.93 Cr converts previously negotiated orders into firm contracts; Rs 25.15 Cr are newly added contracts
- Total order book status as on July 30, 2026 was reported at Rs 2,654 Cr (including negotiated pipeline)
Data Patterns reported Q1 FY27 revenue of ₹116 Cr, a 17% YoY increase, while maintaining a strong gross margin of 78.9%. However, EBITDA margins dipped to 27% due to elevated employee costs and a 64% spike in other expenses related to facility revamping and a ₹2 Cr receivable provision. Crucially, the order book (including July wins and negotiated contracts) has reached ₹2,654 Cr, offering high visibility against management's 20-25% annual growth guidance. The company remains net debt-free with ₹530 Cr in cash and investments.
- Revenue from operations grew 17% YoY to ₹116 Cr in Q1 FY27
- Order book including negotiated contracts stands at ₹2,654 Cr as of August 2026
- Management targets ₹2,000 Cr in fresh order inflows for the full year FY27
- EBITDA margin compressed to 27% from historical 35-40% levels due to capability expansion costs
- Maintained net debt-free status with cash and bank balances of ₹530 Cr
Data Patterns (India) Limited successfully passed all 9 resolutions at its 28th Annual General Meeting held on July 31, 2026. Key approvals include the adoption of FY26 financial statements and the declaration of a final dividend. While all resolutions passed with the requisite majority, notable institutional dissent was recorded for the re-appointment of Whole-Time Director Vijay Ananth K (24.9% of institutional votes against) and the appointment of Mathew Cyriac as Independent Director (15.26% of total votes against). The company remains net debt-free with a strong ROCE of 23.0%.
- 9 resolutions passed with requisite majority at the 28th AGM held on July 31, 2026
- 24.9% of institutional votes were cast against the special resolution for re-appointing Whole-Time Director Vijay Ananth K
- 15.26% of total votes (65,64,008 votes) were cast against the appointment of Mathew Cyriac as Independent Director
- Final dividend for FY 2025-26 approved with 99.99% majority of votes polled
- Total of 2,14,135 shareholders were on record for the meeting conducted via video conferencing
Data Patterns (India) Limited conducted its 28th Annual General Meeting on July 31, 2026, via video conferencing. A total of 73 members representing 2.72 crore equity shares attended the meeting. Key agenda items included the adoption of FY26 financial statements, declaration of a final dividend for FY25-26, and the re-appointment of several directors, including Whole-time Director Vijay Ananth K. Voting results are expected to be declared within two working days.
- 73 members attended the meeting, representing a total of 2,71,92,828 equity shares.
- 9 resolutions were put to vote, including the adoption of FY26 financials and final dividend declaration.
- Remote e-voting was conducted between July 28, 2026 (9:00 AM) and July 30, 2026 (5:00 PM).
- Independent Directors Prasad Raghava Menon and Sowmyan Ramakrishnan were proposed for second 3-year terms.
- The meeting concluded at 11:55 AM following a Q&A session between shareholders and management.
Data Patterns (India) Limited has released the audio recording of its earnings conference call held on July 31, 2026. The call discussed the unaudited financial results for the quarter ended June 30, 2026. This is a routine regulatory filing providing transparency into management's commentary on the company's performance and outlook. Investors can access the recording via the company's website to evaluate progress against the stated 20-25% growth guidance.
- Earnings conference call held on July 31, 2026, at 12:30 P.M. IST
- Recording pertains to the unaudited financial results for the quarter ended June 30, 2026
- Company is tracking a pipeline of ₹2,000-3,000 Cr over the next 18-24 months per previous context
- Historical EBITDA margins for core projects maintained at 35-40%
- Current infrastructure supports an existing order book of ₹673.6 Cr as of H1FY26
Data Patterns reported Q1FY27 revenue of Rs 116 Cr, a 16.8% YoY increase, though PAT declined 13.5% to Rs 22.1 Cr due to higher operating costs and lower other income. The company completed the 100% acquisition of ST Advanced Composites for Rs 10 Cr to enhance vertical integration in radar systems. The order book remains healthy at Rs 927.7 Cr, supported by a robust pipeline of Rs 2,000-4,000 Cr expected over the next 24 months. Management maintained its FY27 guidance of 20-25% revenue growth and 35-40% EBITDA margins.
- Order book stood at Rs 927.7 Cr as of June 30, 2026, providing roughly 1x revenue visibility based on FY26 sales.
- Acquired 100% stake in ST Advanced Composites for Rs 10 Cr to bring composite manufacturing in-house.
- Q1FY27 EBITDA margins compressed to 27.0% from 32.3% YoY, primarily due to a 16.9% increase in employee benefit expenses.
- Management identified a strong order pipeline of Rs 2,000-4,000 Cr to be addressed over the next 18-24 months.
- Maintains a strong liquidity position with Rs 465.9 Cr in cash, bank balances, and investments as of June 2026.
Data Patterns (India) Limited has approved the 100% acquisition of ST Advanced Composites (STAC) for a total consideration of Rs 10 Cr. The deal comprises Rs 1.5 Cr for equity and an Rs 8.5 Cr loan to settle the target's existing liabilities. STAC is a specialized aerospace composite firm with a FY26 turnover of Rs 4.16 Cr. This strategic move enables vertical integration by bringing radome manufacturing in-house, which is expected to increase the addressable value per defense program by 1.3x to 2.0x.
- Acquisition of 100% stake in ST Advanced Composites for a total outlay of Rs 10 Cr
- Target company turnover grew from Rs 1.57 Cr in FY24 to Rs 4.16 Cr in FY26
- Expected to expand addressable value per program by 1.3x to 2.0x through integrated offerings
- Acquisition cost represents approximately 0.58% of Data Patterns' Rs 1,736 Cr net worth
- Transaction expected to be completed within a 3-month timeline
Data Patterns reported a mixed Q1 FY27, with revenue from operations growing 17% YoY to ₹116 Cr, while Profit After Tax (PAT) declined 13.3% to ₹22.1 Cr. The company announced a strategic acquisition of ST Advanced Composites for ₹10 Cr to bring radar composite manufacturing in-house. The total order book, including negotiated contracts, stands at a robust ₹2,654 Cr, providing high revenue visibility despite temporary delays in customer approvals this quarter. Management maintains a positive outlook for the full year, backed by a ₹226 Cr order inflow since the start of the fiscal year.
- Revenue from operations increased 17% YoY to ₹116 Cr in Q1 FY27.
- Total order book including negotiated orders reached ₹2,654 Cr, up from ₹928 Cr in firm orders.
- Acquisition of 100% stake in ST Advanced Composites Pvt Ltd for ₹10 Cr to internalize supply chain.
- Profit After Tax (PAT) decreased to ₹22.1 Cr from ₹25.5 Cr in the previous year's corresponding quarter.
- New orders worth over ₹226 Cr received so far in the current financial year.
Data Patterns reported a mixed Q1 FY27, with revenue from operations growing 16.8% YoY to ₹116.03 Cr. However, Net Profit (PAT) declined by 13.5% YoY to ₹22.06 Cr, primarily due to a 63.5% surge in other expenses and a significantly lower inventory credit compared to the previous year. Profit Before Tax (PBT) margins compressed from 34.2% to 25.4% YoY. The company has now utilized 94.6% of its ₹487.74 Cr QIP proceeds, with ₹26.25 Cr remaining for product development and testing facilities.
- Revenue from operations increased 16.8% YoY to ₹116.03 Cr from ₹99.33 Cr.
- Net Profit (PAT) fell 13.5% YoY to ₹22.06 Cr from ₹25.50 Cr.
- Other expenses surged 63.5% YoY to ₹17.61 Cr from ₹10.77 Cr.
- Employee benefit expenses rose 16.9% YoY to ₹42.53 Cr.
- QIP proceeds utilization reached ₹461.49 Cr out of the total ₹487.74 Cr raised.
Data Patterns (India) Limited has scheduled its Q1FY27 earnings conference call for July 31, 2026, at 12:30 PM IST. The management, including the Chairman & MD and CFO, will discuss the financial performance for the quarter ended June 30, 2026. This call is critical for assessing the company's progress toward its 20-25% annual growth guidance and the status of its Rs 2,000-3,000 Cr project pipeline. The company maintains a strong balance sheet with only Rs 5 Cr in debt against a net worth of Rs 1,736 Cr.
- Earnings conference call scheduled for July 31, 2026, at 12:30 PM IST
- Focus on financial results for the quarter ended June 30, 2026 (Q1FY27)
- Management participation includes Chairman & MD Srinivasagopalan Rangarajan and CFO Venkata Subramanian
- Company is currently executing against a pipeline of Rs 2,000-3,000 Cr expected over 18-24 months
- Historical EBITDA margins for core projects maintained at 35-40%
Data Patterns (India) Limited has filed its quarterly compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. The company's registrar, MUFG Intime India Private Limited, confirmed that no requests for dematerialization of securities were received during the quarter ended June 30, 2026. The filing also confirms that all securities of the company are currently held in dematerialized form, ensuring no physical certificates were mutilated or cancelled. This is a standard administrative disclosure with no impact on the company's financial performance or defense operations.
- Zero requests for dematerialization of securities were received during the quarter ended June 30, 2026
- 100% of the company's securities are confirmed to be in dematerialized (demat) form
- Certificate issued by Registrar and Share Transfer Agent, MUFG Intime India Private Limited
- Compliance maintained under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018
Data Patterns (India) Limited has issued a revised notice for its 28th Annual General Meeting (AGM) to be held on July 31, 2026. The primary agenda includes the approval of a final dividend of ₹10 per equity share for FY26 and the re-appointment of Mr. Vijay Ananth K as Whole-Time Director for a five-year term. Mr. Ananth's fixed remuneration for FY27 is set at ₹1.14 crore, plus performance-linked incentives. The meeting will also address the adoption of FY26 financial statements and the ratification of cost auditor fees.
- Proposed final dividend of ₹10 per equity share (Face Value ₹2) for the financial year 2025-26
- AGM scheduled for July 31, 2026, to be conducted via Video Conferencing
- Re-appointment of Mr. Vijay Ananth K as Whole-Time Director for a 5-year term effective July 31, 2026
- Fixed annual salary for the Whole-Time Director set at ₹1,14,32,300 for FY27
- Ratification of Cost Auditor remuneration at ₹85,000 plus expenses for FY26
Financial Performance
Revenue Growth by Segment
Revenue from operations grew 36% in FY25 to INR 708.35 Cr from INR 519.80 Cr in FY24. In Q2FY26, the segment mix was Production at 63% (INR 193.7 Cr), Development at 33% (INR 101.5 Cr), and Service at 4% (INR 12.3 Cr). H1FY26 revenue grew 109% YoY to INR 407 Cr.
Geographic Revenue Split
Domestic revenue accounted for 85% of FY25 operations. Export revenue significantly increased by 234% to INR 107 Cr in FY25 (15% of revenue) from INR 32 Cr in FY24 (6% of revenue), driven by new radar supplies to NATO countries.
Profitability Margins
Gross Margin for FY25 was 61%, down from 68% in FY24 due to a 67% increase in material costs. PAT margin for FY25 was 31.3% (INR 221.81 Cr) compared to 35% (INR 181.69 Cr) in FY24. Q2FY26 PAT margin dropped to 16% due to a low-margin strategic contract.
EBITDA Margin
EBITDA margin for FY25 stood at 38.8% (INR 275 Cr) vs 42.6% in FY24. Q2FY26 EBITDA margin was 22% (INR 68.5 Cr), a significant drop from 44% in Q2FY25, caused by the execution of a strategic INR 180 Cr low-margin contract intended to secure long-term opportunities.
Capital Expenditure
The company utilized QIP funds of INR 500 Cr for product development in Radar, EW, and Communication systems. As of March 2025, INR 86 Cr of QIP funds remained unutilized. Infrastructure was expanded in FY25 to support increased business volume, reflected in a 27% rise in administrative expenses.
Credit Rating & Borrowing
CRISIL and ICRA maintain a 'Positive' outlook with an A+ rating. Finance costs increased 30% to INR 12 Cr in FY25 due to additional working capital limits for Bank Guarantees. The company remains net debt-free with an interest coverage ratio of 25.45x.
Operational Drivers
Raw Materials
Critical electronic components and raw materials for defense electronics; material costs represent 39% of revenue in FY25, having increased 67% YoY.
Import Sources
Sourced from international suppliers in regions including the United Kingdom and other global markets to support high-spec defense requirements.
Key Suppliers
Not specifically named in available documents, but identified as international electronic component manufacturers and specialized defense hardware vendors.
Capacity Expansion
Current infrastructure supports an order book of INR 673.6 Cr (H1FY26). The company is building additional infrastructure to address a pipeline of INR 2,000-3,000 Cr over the next 18-24 months.
Raw Material Costs
Material costs increased by 67% in FY25, outpacing the 36% revenue growth. This reduced gross margins to 61%. Procurement is managed through strategic alliances and long-term supply chains to mitigate geopolitical disruptions.
Manufacturing Efficiency
Employee benefit expenses as a percentage of revenue improved to 16% in FY25 from 19% in FY24, despite a headcount increase from 1,345 to 1,545 employees.
Strategic Growth
Expected Growth Rate
20-25%
Growth Strategy
The company plans to build a dedicated marketing organization for exports, continue product development to build full systems for a larger Total Addressable Market (TAM), and maintain a net debt-free status while executing a pipeline of INR 20-30 billion in orders over 18-24 months.
Products & Services
Radars, Electronic Warfare (EW) systems, Communication systems, Avionics, Automatic Test Equipment (ATE), Fire Control Systems (FCS), and Naval Systems.
Brand Portfolio
Data Patterns (India) Limited.
New Products/Services
New radars supplied to NATO countries and EW products developed using QIP funds are expected to contribute significantly to the 20-25% growth guidance.
Market Expansion
Expansion into international markets via strategic alliances and joint ventures, specifically targeting NATO countries and the UK.
Market Share & Ranking
Not disclosed as a specific percentage, but recognized as a key private player in the Indian defense electronics space.
Strategic Alliances
Strategic alliances with international defense contractors and domestic entities like BrahMos Aerospace and DRDO.
External Factors
Industry Trends
The industry is shifting toward indigenization with 'Make in India' policies and import bans on defense items. The sector is growing, and Data Patterns is positioning itself to move from sub-system to full-system integration.
Competitive Landscape
Competes with DPSUs like BEL and HAL, as well as other private players, though often acts as a supplier/partner to BEL and HAL.
Competitive Moat
Moat is built on 30+ years of experience in mission-critical electronics and end-to-end capabilities in EW and Radars. This is sustainable due to high entry barriers and long development cycles in defense.
Macro Economic Sensitivity
Highly sensitive to Indian government defense budgets and 'Atmanirbhar Bharat' indigenization policies which favor domestic procurement.
Geopolitical Risks
Supply chain disruptions for electronic components due to global policy changes or raw material shortages pose a threat to execution timelines.
Regulatory & Governance
Industry Regulations
Subject to Ministry of Defence (MoD) procurement cycles, export controls, and stringent compliance requirements for defense electronics.
Taxation Policy Impact
Effective tax rate was approximately 24.9% in FY25 (INR 73.53 Cr tax on INR 295.34 Cr PBT).
Risk Analysis
Key Uncertainties
Dependence on government spending (64%+ from DRDO) and potential technology obsolescence if innovation does not keep pace with global standards.
Geographic Concentration Risk
85% of revenue is domestic (India), though export share grew from 6% to 15% in one year.
Third Party Dependencies
High dependency on international vendors for specialized electronic components which are critical for production.
Technology Obsolescence Risk
Rapid advancements in defense tech could render existing solutions obsolete; mitigated by continuous R&D using QIP funds.
Credit & Counterparty Risk
Receivables are primarily from government agencies (DRDO, MoD) and DPSUs, resulting in high quality but long working capital cycles (343 days).
