DATAPATTNS
Data Patterns (India) share price & financials
- Price
- ₹4,822.1
- Market cap
- ₹24.5k Cr
- Sector
- Capital Goods
- Calls analysed
- 7
Data Patterns (India) Limited Q1 FY27
What went well
- Revenue from operations for Q1 FY27 stood at ₹116 crores, registering a healthy 17% year-on-year growth.
- Gross profit increased to ₹91.5 crores, with gross margins remaining strong at 78.9%.
- Order book stands at ₹2,654 crores, including negotiated orders, providing healthy revenue visibility over the coming years.
What to watch
- EBITDA margin stood at 27%, impacted by high employee costs due to capability expansion and changes in product mix.
- Profit after tax stood at 19%, reflecting a temporary impact due to uneven quarterly revenue.
What Data Patterns (India) Limited does
Data Patterns (India) designs, develops, manufactures and tests high-reliability defence and aerospace electronics systems in-house, spanning radars, electronic warfare (EW) suites, avionics, communication systems, automated test equipment (ATE) and naval systems. It runs a vertically integrated, full-stack model — from in-house board design and EMS assembly through system integration, qualification and lifecycle support — serving the Ministry of Defence, DRDO, defence PSUs such as BEL and HAL, and select international clients including exports to Europe. The company reports as a single business segment under Ind AS 108, covering the manufacture, sale and service of defence electronics. Named products and programs include Transportable Precision Approach Radars, Search & Track Radars, fire-control radars for the MiG-29 and Su-30, a seeker for the BrahMos missile program, and glass-cockpit/mission-system contributions to the AMCA fighter program.
Segments
- Defence & Aerospace Electronics
- Engineering headcount
- 1,096 engineers (as of March 2026)
- Manufacturing facility land
- 10.28 acres at SIPCOT, Chennai
- Manufacturing built-up area
- Approx. 200,000 sq ft across manufacturing facilities
- EMS assembly capacity
- 600 boards per day
- Clean room facility
- 100,000-class clean room
- Assembly & test infrastructure
- 20 dedicated mechanical assembly stations and 70 dedicated workstations for testing modules and small systems
Guidance record · Q1 FY27
what the last two calls moved 18 tracked 5 delivered 4 missed 9 open- Working Capital Days went quiet said Q2 FY26 Promised: 270 days Q1 FY27: The original 270-day target was not mentioned. The company is now focused on a new, less ambitious target of 320-340 days.
- EBITDA Margin revised down said Q4 FY26 Promised: 38-40% for the short term (FY27) Q1 FY27: Guidance for FY27 revised down to a 35-40% range. Q1 margin was 27%.
- Annual Revenue Growth delivered said Q4 FY25 Promised: 20-25% for FY26 Q4 FY26: Achieved 31% YoY growth for FY26 (INR 925 cr), exceeding the guided range of 20-25%.
All 18 tracked — every revision, and every one management stopped mentioning.
Open the guidance ledgerQuarterly results
Q1 FY27: revenue up 17.2%, net profit down 15.4% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 91 | 117 | 396 | 99 | 307 +237% | 173 +48% | 345 −13% | 116 +17% |
| EBITDA | 34 | 54 | 149 | 32 | 68 +100% | 81 +50% | 193 +30% | 31 −3% |
| Net profit | 30 | 45 | 114 | 26 | 49 +63% | 58 +29% | 138 +21% | 22 −15% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance +88.0% 1Y
1Y: ₹2,568.6 on 10 Sept 2025 → ₹4,829.2. High ₹4,932.3 (8 Sept 2026), low ₹2,182.5 (23 Jan 2026).
How the price took the results
close before → close after
- Q1 FY27
- −4.1%
- 31 Jul
- Q4 FY26
- −3.3%
- 15 May
- Q3 FY26
- +7.9%
- 6 Feb
- Q2 FY26
- +7.6%
- 13 Nov
The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.
Financials, as filed
Revenue grew 26.8% a year over 3 years, FY23 to FY26. Operating margin widened to 40.5%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹453 Cr | ₹520 Cr | ₹708 Cr | ₹924 Cr |
| Operating profit | ₹171 Cr | ₹222 Cr | ₹274 Cr | ₹374 Cr |
| Operating margin | 37.7% | 42.7% | 38.7% | 40.5% |
| Interest | ₹8 Cr | ₹9 Cr | ₹12 Cr | ₹12 Cr |
| Depreciation | ₹8 Cr | ₹16 Cr | ₹13 Cr | ₹23 Cr |
| Net profit | ₹123 Cr | ₹182 Cr | ₹222 Cr | ₹271 Cr |
| Net margin | 27.2% | 35.0% | 31.4% | 29.3% |
| Cash from operations | ₹-17 Cr | ₹139 Cr | ₹-90 Cr | ₹80 Cr |
| Free cash flow | ₹-57 Cr | ₹52 Cr | ₹-196 Cr | ₹8 Cr |
| ROCE | 20.0% | 20.0% | 21.0% | 22.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹2 Cr | ₹10 Cr | ₹11 Cr | ₹11 Cr | ₹11 Cr | ₹11 Cr |
| Reserves | ₹206 Cr | ₹564 Cr | ₹1.2k Cr | ₹1.3k Cr | ₹1.5k Cr | ₹1.7k Cr |
| Borrowings | ₹37 Cr | ₹9 Cr | ₹2 Cr | ₹4 Cr | ₹6 Cr | ₹5 Cr |
| Other liabilities | ₹84 Cr | ₹123 Cr | ₹265 Cr | ₹364 Cr | ₹209 Cr | ₹188 Cr |
| Total liabilities | ₹329 Cr | ₹707 Cr | ₹1.4k Cr | ₹1.7k Cr | ₹1.8k Cr | ₹1.9k Cr |
| Fixed assets | ₹33 Cr | ₹47 Cr | ₹112 Cr | ₹150 Cr | ₹301 Cr | ₹260 Cr |
| Capital work in progress | ₹0 Cr | ₹17 Cr | ₹1 Cr | ₹48 Cr | ₹13 Cr | ₹74 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹56 Cr | ₹262 Cr | ₹252 Cr | ₹329 Cr |
| Other assets | ₹295 Cr | ₹642 Cr | ₹1.3k Cr | ₹1.2k Cr | ₹1.2k Cr | ₹1.3k Cr |
| Total assets | ₹329 Cr | ₹707 Cr | ₹1.4k Cr | ₹1.7k Cr | ₹1.8k Cr | ₹1.9k Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, DIIs added +3.90 pp while the public trimmed −3.61 pp. The shareholder count shrank 7% to 2,14,100.
- Promoters
- 42.4%
- FIIs
- 12.5%
- DIIs
- 12.0%
- Public
- 33.1%
Since Jun 2025
- DIIs +3.90 pp
- Public −3.61 pp
- FIIs −0.28 pp
How it drifted, 12 quarters
Over this window the public fell from 40.9% to 33.1% — −7.8 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 42.4%, FIIs 7.2%, DIIs 9.6%, Public 40.9%.Dec '23: Promoters 42.4%, FIIs 6.7%, DIIs 9.2%, Public 41.7%.Mar '24: Promoters 42.4%, FIIs 14.6%, DIIs 11.6%, Public 31.4%.Jun '24: Promoters 42.4%, FIIs 14.9%, DIIs 8.5%, Public 34.1%.Sep '24: Promoters 42.4%, FIIs 14.4%, DIIs 8.7%, Public 34.5%.Dec '24: Promoters 42.4%, FIIs 14.1%, DIIs 8.8%, Public 34.7%.Mar '25: Promoters 42.4%, FIIs 12.8%, DIIs 7.4%, Public 37.5%.Jun '25: Promoters 42.4%, FIIs 12.8%, DIIs 8.1%, Public 36.7%.Sep '25: Promoters 42.4%, FIIs 11.4%, DIIs 9.8%, Public 36.4%.Dec '25: Promoters 42.4%, FIIs 11.5%, DIIs 10.3%, Public 35.8%.Mar '26: Promoters 42.4%, FIIs 12.5%, DIIs 11.7%, Public 33.4%.Jun '26: Promoters 42.4%, FIIs 12.5%, DIIs 12.0%, Public 33.1%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- HSBC Mutual Fund - HSBC Midcap Fund Mutual fund newly disclosed 1.19% held
- Franklin Templeton Investment Funds - Franklin India Fund Global fund house newly disclosed 1.02% held
- Franklin India Small Cap Fund Mutual fund +0.12 pp 1.58% held
The same filing shows 3 holders trimming and 1 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Data Patterns (India) Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Rangarajan S | 22.80% | unchanged |
| Rekha Murthy Rangarajan | 19.02% | unchanged |
| Desingu Rajan P | 2.54% | unchanged |
| K Vijay Ananth | 2.50% | unchanged |
| Sundara Raghavan K | 2.23% | unchanged |
| Franklin India Small Cap Fund Mutual fund | 1.58% | +0.12 pp |
| Laxmi Shivanand Mankekar | 1.36% | unchanged |
| Abu Dhabi Investment Authority - Monsoon Sovereign | 1.30% | −0.07 pp |
| HDFC Mutual Fund - HDFC Defence Fund Mutual fund | 1.26% | unchanged |
| Subramaniam Tirunavukkarasu | 1.20% | unchanged |
| HSBC Mutual Fund - HSBC Midcap Fund Mutual fund | 1.19% | newly disclosed |
| Nippon Life India Trustee Ltd-A/C Nippon India Small Cap Fund Mutual fund | 1.14% | −0.09 pp |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Mutual funds in DATAPATTNS
Filings to Aug 2026
0 new, 4 added, 2 trimmed, 0 sold out — net −0.16 L shares (−1.3%).
- Held by funds
- ₹521 Cr
- 8 schemes
- Biggest holder
- Nippon India Small Cap Fund
- ₹237 Cr · 0.3% of that fund
| Scheme | Holding | Last month | Held since |
|---|---|---|---|
| Nippon India Small Cap Fund Nippon India Mutual Fund | ₹237 Cr | held | Mar '23 |
| HDFC Defence Fund HDFC Mutual Fund | ₹227 Cr | held | Jun '25 |
| Nippon India Power & Infra Fund Nippon India Mutual Fund | ₹23 Cr | −0.17 L | Jan '26 |
| Nippon India Nifty Smallcap 250 Index Fund Nippon India Mutual Fund | ₹22 Cr | +0.01 L | Mar '23 |
| SBI Nifty Smallcap 250 Index Fund SBI Mutual Fund | ₹11 Cr | +0.00 L | Mar '23 |
| Nippon India Nifty 500 Equal Weight Index Fund Nippon India Mutual Fund | ₹1 Cr | +0.00 L | Sep '24 |
| SBI Nifty 500 Index Fund SBI Mutual Fund | ₹1 Cr | −0.00 L | Sep '24 |
| SBI Nifty Small Cap 250 ETF SBI Mutual Fund | ₹0 Cr | +0.00 L | May '26 |
HDFC, Nippon India and SBI schemes, from their monthly disclosures. Changes are counted in shares, so a price move never looks like buying or selling.
Mutual funds Aug 2026
4 added, 2 trimmed — net −15,975 shares (−1.3%)
- Funds are sitting on
- +122%
- vs est. average cost
- Held by funds
- ₹521 Cr
- 8 schemes · ≈ 2.3% of the company
- Biggest holder
- Nippon India Small Cap Fund
- ₹237 Cr · 0.3% of that fund
Shares held by these funds +46%
Aug '23 11.97 L shares Jul '26
What the price assumes
Growth trapTo justify its price of ₹4829, this stock must grow earnings at 45% every year for 7 years. Our analysis caps realistic growth at ~28%. At that growth it is worth ₹2117 — downside of 56%.
- Growth the price implies
- 45.5% a year
- for 7 years, fading to 4%
- It has actually compounded at
- 30.1% a year
- net profit, FY23–FY26 · EPS 28.0%
- The gap
- 0.2 pp
- -56% downside if it only repeats history
All earnings calls (7)
Read the Q1 FY27 call →Learn to analyse Data Patterns (India) Limited
Guides on how to read this kind of business and the numbers that matter.