Data Patterns (India) Limited Annual Report FY2026
Data Patterns (India) Limited Annual Report FY2026
Quality Scores
Latest Quarterly Earnings Summary
Loading latest quarter…
AI Summary
Data Patterns (India) Limited is a premier vertically integrated defense and aerospace electronics solutions provider with a 35-year track record. The business has successfully transitioned from a specialized subsystem developer to a full-system integrator, catering to high-stakes platforms like LCA Tejas, BrahMos, and indigenous satellite programs. Management demonstrates deep domain expertise in Radars, Electronic Warfare, and Avionics, positioning the firm as a key beneficiary of India's indigenization (Atmanirbhar Bharat) tailwinds. Financial indicators reflect a high-margin business…
Key Changes in FY2026
The business has evolved from a niche electronic systems designer into a vertically integrated defense powerhouse capable of catering to all three wings of the armed forces plus space. Over 35 years, it has transitioned from basic test equipment to high-end Radars, Electronic Warfare systems, and Satellite technology. Key milestones include contributing to the LCA-Tejas, Light Utility Helicopter, and the BrahMos missile program, demonstrating a shift toward higher-complexity products. The successful IPO in 2021 and subsequent QIP in 2023 provided the capital needed to scale production facilities and undertake larger contracts. The transition from a small-scale designer to a manufacturing partner for indigenously developed defense products marks a significant strategic pivot toward…
Management Commentary
The management team, led by founder Srinivasagopalan Rangarajan, possesses over three decades of specialized experience in electronic engineering. Communications are characterized by technical depth and a clear strategic vision regarding the indigenization of defense electronics. There is a strong emphasis on 'building to specifications' which has created a high-barrier-to-entry moat around their engineering talent pool. Management has shown high integrity in corporate disclosures and maintains a professionalized leadership structure beyond the promoter family. The alignment between management’s technical roadmap and the Indian Ministry of Defence’s long-term procurement goals is a core strength of the executive leadership.
Financial Highlights
The business demonstrates exceptional margin profiles, with Operating Profit Margins often exceeding 40% due to the high value-added nature of indigenous R&D and design. Revenue growth has shown significant acceleration post-listing, supported by the increasing scale of production orders compared to initial development contracts. Capital efficiency is high, evidenced by healthy double-digit ROCE and ROE figures that outperform many capital-intensive manufacturing peers. The balance sheet is strong with minimal debt, providing the necessary liquidity to fund long-term R&D cycles and occasional working capital spikes. However, the high intensity of receivables is a notable feature, reflecting the elongated payment cycles typical of Government of India defense procurement.
Major Opportunities
- Industry leading EBITDA margins (>40%)
- Virtually debt-free balance sheet
- Vertically integrated capability (Design to Mfg)
Major Risks
- High Working Capital days (Receivable heavy)
- Inconsistent Cash Flow from Operations
- Heavy reliance on government defense contracts
About This Annual Report
The Data Patterns (India) Limited FY2026 Annual Report is the company's flagship annual disclosure, filed with NSE / BSE. It covers the full-year business review, management discussion & analysis (MD&A), audited financial statements, director's report, corporate governance report, auditor's report, risk factors, capital allocation, subsidiaries, related-party transactions and ESG initiatives. This page consolidates the official PDF and an AI-generated summary so investors can quickly grasp what changed vs. prior years — sales growth, margin trend, cash flow quality, capex, dividends and management outlook — without having to read the entire filing.
Why Use AI?
- Summarises hundreds of pages into a focused executive briefing
- Identifies year-on-year key changes automatically
- Extracts management commentary and tone
- Highlights top risks and opportunities
- Compares business evolution vs. earlier years
- Answers your questions in plain English via Ask AI
Frequently Asked Questions
Related Research
AI Top Insights — Premium
Unlock deeper AI Top Insights, advanced comparisons, downloadable reports and premium features.