Data Patterns (India) Limited (DATAPATTNS)
🎯 Key Takeaways
- Data Patterns (India) Limited is in a high-growth phase driven by a strategic pivot into high-margin defense electronics and aerospace systems, supported by a robust order book and expanding international footprint. Management is executing a clear capitalization strategy focused on scaling indigenous defense programs and commercializing advanced electronic warfare (EW) solutions, with expectations of sustained 20-25% revenue growth and margin expansion in FY27.
- ⚠️ Revenue volatility from large defense order timing, as seen in Q4 FY26's 13% YoY decline despite strong order book.
📖 The Story
Data Patterns (India) Limited is in a high-growth phase driven by a strategic pivot into high-margin defense electronics and aerospace systems, supported by a robust order book and expanding international footprint. Management is executing a clear capitalization strategy focused on scaling indigenous defense programs and commercializing advanced electronic warfare (EW) solutions, with expectations of sustained 20-25% revenue growth and margin expansion in FY27.
📰 What's Happening
In FY26, the company reported ₹925 crores in revenue (up 31% YoY) and ₹271 crores in PAT (up 22% YoY), with EBITDA at ₹371 crores (40% margin). The order book reached ₹2,062 crores, fueled by export growth and large defense contracts. Q4 revenue declined 13% YoY due to timing of large defense orders, but gross margin improved to 63% from 61% YoY. Management highlighted commercialization of anti-drone systems within 1 year and complex EW suites in 1.5–2 years, alongside export expansion into Europe and Western markets. A final dividend of ₹10 per share was recommended following board approval of audited FY26 results.
Source: Stock Announcements
🔮 Management Outlook & What's Next
Management projects 20-25% revenue growth in FY27, with EBITDA margins targeted at 38-40%, driven by indigenous defense programs, export expansion, and commercialization of advanced EW systems. A cash conversion cycle reduction to 320–340 days from 365 days is expected, along with INR15–20 billion in new and repeat orders from international and domestic defense markets. Key near-term milestones include anti-drone system commercialization within 1 year and complex EW suite deployment in 1.5–2 years.
Extracted from official company announcements. Not StockFin.ai's opinion.
⚖️ Peer Comparison — Aerospace & Defense
| Company | MCap (₹ Cr) | P/E | ROCE | ROE | D/E |
|---|---|---|---|---|---|
| Bharat Electronics Limited | 3.10 L Cr | 62.0 | — | — | — |
| Hindustan Aeronautics Limited | 2.93 L Cr | 33.7 | — | — | — |
| Bharat Dynamics Limited | 48,584 | 83.8 | — | — | — |
| Garden Reach Shipbuilders & Engineers Limited | 30,768 | 41.1 | — | — | — |
| Data Patterns (India) Limited | 21,702 | 80.0 | — | — | — |
| Zen Technologies Limited | 14,039 | 62.0 | — | — | — |
| Aequs Limited | 13,582 | — | — | — | — |
| Apollo Micro Systems Limited | 10,524 | 111.6 | 18.2% | 14.7% | 0.54 |
| Astra Microwave Products Limited | 10,507 | 78.2 | — | — | — |
| AXISCADES Technologies Limited | 8,751 | 163.2 | — | — | — |
⚠️ Risk Factors
1. Revenue volatility from large defense order timing, as seen in Q4 FY26's 13% YoY decline despite strong order book. 2. Execution risk in commercializing advanced EW systems within tight timelines (anti-drone in 1 year, complex EW in 1.5–2 years). 3. Export market entry into Europe and Western regions may face regulatory, geopolitical, or competitive delays. 4. High valuation (P/E of 80) leaves limited margin for earnings miss, especially if order recognition remains uneven.
📋 Recent Filings
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🔴 Corporate Action 15 June 2026Data Patterns (India) Limited announced that its share register will be closed from July 25 to July 31, 2026 to determine shareholders eligible for it...
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🔴 Financial Results 22 May 2026Data Patterns (India) Limited reported FY26 revenue of **[amount context mismatch] crores**, up 31% YoY, with EBITDA at **₹371 crores** (40% margin) a...
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Announcement 15 May 2026Data Patterns (India) Limited disclosed its Monitoring Agency Report for Q4 FY2026, confirming that proceeds from its March 2023 Qualified Institution...
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🔴 Financial Results 15 May 2026Data Patterns (India) Limited announced the audio recording of its earnings conference call held on May 15, 2026 at 10:30 A.M. IST, discussing audited...
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Announcement 14 May 2026Data Patterns (India) Limited submitted its Q4 FY26 investor presentation to NSE and BSE on May 14, 2026, detailing strong financial performance and o...
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🟡 Board Meeting 14 May 2026Data Patterns (India) Limited announced the outcome of its May 14, 2026 board meeting, adopting audited financial results for the quarter and year end...
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🔴 Financial Results 14 May 2026Data Patterns (India) Limited reported FY26 revenue of **₹953 crores**, up 26% from FY25's ₹755 crores, with PAT reaching **₹271 crores**, a 22% incre...
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🔴 Financial Results 12 May 2026Data Patterns (India) Limited announced its earnings conference call for the quarter and year ended March 31, 2026, scheduled for May 15, 2026 at 10:3...
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Announcement 9 April 2026Data Patterns (India) Limited filed a general corporate document on NSE. Without access to specific filing details, material updates regarding financi...
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🔴 Financial Results 31 March 2026Data Patterns (India) Limited informed investors that trading in its shares will be suspended from April 1, 2026, through 48 hours after the announcem...
🧠 Analyst's Read
Data Patterns is transitioning from a high-growth emerging player to a scalable defense electronics platform with international ambitions, underpinned by a strong order book and margin expansion. Investors should monitor order book growth, timing of large contract recognitions, and progress on EW system commercialization as key near-term catalysts.
Based on filing content and financial data. Not a recommendation.
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Data sourced from stock announcements. Analysis generated by StockFin.ai.
For informational purposes only — not investment advice. Updated 2026-07-15.
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