Data Patterns
Data Patterns
Aerospace & DefenseKey Fundamentals
SmallcapEngineeringAerospace & DefenseTapetide Score
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Key Insights
Strengths
5- Company is almost debt free.
- Company is expected to give good quarter
- Company has delivered good profit growth of 34.8% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 20.2%
- Company's median sales growth is 33.4% of last 10 years
Weaknesses
2- Stock is trading at 13.7 times its book value
- Company has high debtors of 287 days.
Growth Rate
AI Analysis — Bull vs Bear
Data Patterns (India) Ltd is a defence electronics company with a market capitalisation of about ₹24,281 crore. It has grown sales at a 33% CAGR over 5 years and profit at a 35% CAGR over the same period, and it carries almost no debt. The stock trades at 88.2x earnings and 13.6x book value, and receivables stand at 287 days, so the valuation already assumes growth will continue and working capital is a known pressure point.
- Growth has been strong over a long period: sales compounded at 36% over 10 years, 33% over 5 years and 27% over 3 years, and median sales growth over the last 10 years is 33.4%.
- Profit has compounded at 35% (reported as 34.8%) over 5 years and 77% over 10 years, which shows the business has scaled up well from a small base.
- The company is almost debt free, so a 287-day receivable cycle does not create leverage risk and there is room to fund capacity expansion.
- Momentum has picked up recently: TTM sales growth is 34%, above the 3-year CAGR of 27%, which points to strong order execution.
- ROE has held steady at 15% on the 3, 5 and 10-year views and for the last year, which suggests stable returns rather than a one-off spike.
- The company pays out about 20.2% of profit as dividends while still funding growth, which reflects confidence in cash generation.
- The stock has returned 66% over the past year and compounded 26% over 3 years, roughly in line with the 26% 3-year profit CAGR. That suggests returns have tracked earnings rather than rising on re-rating alone.
- Defence indigenisation policy supports demand for domestic defence electronics makers. The company is also expected to report a good quarter in the near term.
- A P/E of 88.2x is steep compared with a 26% 3-year profit CAGR, which puts the PEG ratio at roughly 3.4x. This leaves little room for any earnings disappointment.
- Price-to-book of 13.61x is high for a business earning 15% ROE. Buyers pay about ₹13.6 for each rupee of book equity, which implies an earnings yield on book of about 1.1%.
- Receivables of 287 days mean cash is tied up for over 9 months. That weighs on operating cash flow and reflects dependence on slow-paying government and defence PSU customers.
- Profit is growing slower than sales on a TTM basis (26% vs 34%), which may mean margin pressure from a changing product mix or rising costs.
- ROE of 15% is only moderate relative to a valuation of 88.2x P/E, and it has not improved across 3, 5 and 10-year periods despite fast growth.
- Dividend yield is only 0.24%, so shareholders get little income if the stock re-rates downward. Almost all of the return depends on price appreciation.
- Revenue is concentrated with government and defence customers, so order timing, budget allocations and procurement delays can make quarterly results lumpy. This matters more for a company valued at ₹24,281 crore on growth expectations.
- After a 66% one-year rally, the stock's short-term returns have run well ahead of its 26% TTM profit growth, which raises sensitivity to shifts in sector sentiment.
This is AI-generated analysis, not financial advice. Do your own due diligence.
AI News Digest
- Independent Director Vadlamani steps down Sep 9
Mr. Sastry Venkata Rama Vadlamani's tenure as Independent Director of Data Patterns (India) Ltd ended effective September 9, 2026. He cited other commitments, and no governance or disagreement-related concerns were disclosed.
TL;DR: This news set has only one item, a board-level change. An independent director left, citing other commitments, and the company disclosed no disagreements. It says nothing new about Data Patterns' order book, execution or earnings, so the stock's fundamentals are unchanged by this news. The main thing to watch is whether the board fills the seat quickly to keep its independent director composition compliant. Upcoming defense order wins and quarterly results will matter more for the trend.
Quarterly Results
| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 90 | 108 | 140 | 182 | 104 | 91 | 117 | 396 | 99 | 307 | 173 | 345 | 116 |
| Expenses | 62 | 68 | 79 | 89 | 67 | 57 | 63 | 247 | 67 | 239 | 93 | 152 | 85 |
| Operating Profit | 28 | 41 | 60 | 93 | 37 | 34 | 54 | 149 | 32 | 68 | 81 | 193 | 31 |
| OPM % | 31% | 38% | 43% | 51% | 36% | 38% | 46% | 38% | 32% | 22% | 47% | 56% | 27% |
| Other Income | 12 | 11 | 11 | 12 | 12 | 12 | 11 | 11 | 11 | 6 | 3 | 6 | 7 |
| Interest | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 3 | 2 | 2 | 5 | 3 |
| Depreciation | 3 | 3 | 3 | 7 | 3 | 3 | 3 | 4 | 5 | 6 | 6 | 6 | 6 |
| PBT | 35 | 46 | 66 | 95 | 43 | 40 | 59 | 153 | 34 | 66 | 75 | 188 | 29 |
| Tax % | 26% | 27% | 22% | 25% | 25% | 24% | 24% | 25% | 25% | 26% | 23% | 26% | 25% |
| Net Profit | 26 | 34 | 51 | 71 | 33 | 30 | 45 | 114 | 26 | 49 | 58 | 138 | 22 |
| EPS in Rs | 4.61 | 6.04 | 9.1 | 12.7 | 5.86 | 5.41 | 7.98 | 20.38 | 4.55 | 8.79 | 10.41 | 24.72 | 3.94 |
Profit & Loss
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 50 | 42 | 49 | 57 | 131 | 156 | 224 | 311 | 453 | 520 | 708 | 925 | 941 |
| Expenses | 39 | 35 | 40 | 48 | 106 | 113 | 132 | 170 | 282 | 298 | 433 | 551 | 568 |
| Operating Profit | 11 | 7 | 9 | 9 | 26 | 43 | 92 | 141 | 172 | 222 | 275 | 374 | 373 |
| OPM % | 22% | 16% | 18% | 16% | 19% | 28% | 41% | 45% | 38% | 43% | 39% | 40% | 40% |
| Other Income | 1 | 2 | 0 | 0 | 1 | 4 | 3 | 4 | 9 | 46 | 46 | 25 | 22 |
| Interest | 5 | 5 | 5 | 5 | 11 | 13 | 14 | 11 | 8 | 9 | 12 | 12 | 13 |
| Depreciation | 3 | 3 | 3 | 3 | 6 | 5 | 6 | 7 | 8 | 16 | 14 | 23 | 23 |
| PBT | 4 | 1 | 1 | 1 | 10 | 28 | 75 | 127 | 165 | 242 | 295 | 364 | 359 |
| Tax % | 36% | 1% | 35% | -23% | 26% | 26% | 25% | 26% | 25% | 25% | 25% | 25% | — |
| Net Profit | 3 | 1 | 1 | 1 | 8 | 21 | 56 | 94 | 124 | 182 | 222 | 271 | 268 |
| EPS in Rs | 15.3 | 4.71 | 4.18 | 7.35 | 45.3 | 124 | 327 | 18.11 | 22.15 | 32.45 | 39.62 | 48.47 | 47.86 |
| Div. Payout % | 13% | 42% | 48% | 0% | 0% | 0% | 20% | 19% | 20% | 20% | 20% | 21% | — |
Balance Sheet
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 10 | 11 | 11 | 11 | 11 |
| Reserves | 102 | 102 | 103 | 104 | 131 | 152 | 206 | 564 | 1,156 | 1,313 | 1,497 | 1,725 |
| Borrowings | 38 | 38 | 35 | 32 | 60 | 61 | 37 | 9 | 2 | 4 | 6 | 5 |
| Other Liabilities | 15 | 15 | 13 | 17 | 84 | 81 | 84 | 123 | 265 | 364 | 325 | 188 |
| Total Liabilities | 157 | 157 | 152 | 154 | 277 | 295 | 329 | 707 | 1,435 | 1,692 | 1,839 | 1,929 |
| Fixed Assets | 29 | 26 | 24 | 23 | 36 | 33 | 33 | 47 | 112 | 150 | 247 | 260 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 17 | 1 | 48 | 49 | 74 |
| Investments | 7 | 7 | 7 | 7 | 0 | 0 | 0 | 0 | 56 | 262 | 327 | 329 |
| Other Assets | 120 | 123 | 121 | 124 | 241 | 262 | 295 | 642 | 1,266 | 1,231 | 1,216 | 1,266 |
| Total Assets | 157 | 157 | 152 | 154 | 277 | 295 | 329 | 707 | 1,435 | 1,692 | 1,839 | 1,929 |
Cash Flow
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 1 | 6 | 9 | 11 | -4 | 13 | 55 | 50 | -17 | 139 | -90 | 80 |
| Investing | -1 | 0 | 0 | -2 | 0 | 1 | -3 | -118 | -383 | -224 | 89 | -3 |
| Financing | -2 | -6 | -8 | -8 | 2 | -14 | -45 | 236 | 438 | -43 | -50 | -58 |
| Net Cash Flow | -1 | 0 | 0 | 0 | -2 | 1 | 7 | 168 | 38 | -127 | -50 | 19 |
| Free Cash Flow | 0 | 6 | 8 | 8 | -6 | 12 | 50 | 12 | -57 | 52 | -196 | 8 |
| CFO/OP | 40 | 115 | 100 | 129 | -13 | 38 | 80 | 56 | 21 | 91 | -7 | 45 |
Ratios
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 344 | 424 | 400 | 418 | 287 | 270 | 254 | 233 | 308 | 280 | 307 | 287 |
| Inventory Days | 906 | 1,377 | 1,350 | 1,044 | 646 | 517 | 382 | 508 | 412 | 590 | 421 | 294 |
| Days Payable | 164 | 197 | 145 | 148 | 118 | 112 | 62 | 162 | 92 | 111 | 111 | 82 |
| Cash Conversion Cycle | 1,086 | 1,604 | 1,606 | 1,315 | 815 | 675 | 574 | 579 | 628 | 759 | 618 | 499 |
| Working Capital Days | 568 | 677 | 583 | 506 | 262 | 227 | 295 | 281 | 409 | 278 | 359 | 357 |
| ROCE % | 7% | 4% | 4% | 4% | 13% | 20% | 39% | 33% | 20% | 20% | 21% | 22% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
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Documents
Frequently Asked Questions about Data Patterns
What does Data Patterns (India) Ltd do?
Where is Data Patterns (India) Ltd (DATAPATTNS) listed?
Which sector does Data Patterns (India) Ltd belong to?
What is the market capitalisation of Data Patterns (India) Ltd?
What is the PE ratio of Data Patterns (India) Ltd?
What is the 52-week high and low of Data Patterns (India) Ltd?
Does Data Patterns (India) Ltd pay dividends?
What is the Return on Equity (ROE) of Data Patterns (India) Ltd?
Company Information
Data Patterns (India) Limited is one of the fastest-growing companies in the Defence and Aerospace Electronics sector in India. It is among the few vertically integrated defence and aerospace electronics solutions providers catering to the indigenously developed defence products industry. It is focused on in-house development and manufacturing facilities led by innovation and design and development efforts. It is in the business for over 35 years. It has supplied products catering to all the platforms, viz., space, air, land and sea, including products for LCA-Tejas, LightUtility Helicopter, BrahMos missile.
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