Data Patterns shares fall nearly 7% after Q1 profit declines 14% YoY to Rs 22 crore

Shares of Data Patterns India fell nearly 7% to Rs 4,158 apiece on the BSE on Friday after the company reported weak Q1 results. The defence electronics firm’s net profit declined 14% year-on-year to Rs 22 crore in the first quarter, compared with Rs 25.5 crore in the corresponding period last year.

However, revenue from operations grew 17% to Rs 116 crore in the June quarter, from Rs 99.3 crore in the same quarter of the previous year. The company’s operational EBITDA in Q1 FY27 was Rs 31 crore, as against Rs 32 crore in the June quarter of FY26.

As per a regulatory filing on the BSE, the company’s board has approved a proposed acquisition of 100% stake in a Chennai-based ST Advanced Composites Pvt Ltd. (STAC), for a total consideration of Rs 10 crore. The acquisition of the composite manufacturing company will result in an in-house capability for composite parts required in the Company’s radar and other programs, thereby expanding the addressable value proposition in Data Patterns’ product offerings, as per the company’s statement.

According to the company's CMD, Mr. Srinivasagopalan Rangarajan, the quarter has met the company’s expectations. He said, “We continue to see a healthy pipeline of opportunities and are now receiving larger-value complete system contracts. Our order book currently stands at around Rs 2,654 crore (including the orders negotiated and pending receipt), providing healthy revenue visibility. Our foray into counter-drone business and export initiatives continues to gain traction.”

He added that the company remains confident in achieving its full-year guidance, backed by the Government’s continued focus on indigenous defence manufacturing.

Data Patterns (India) works closely with defence PSUs, which include Hindustan Aeronautics Ltd and Bharat Electronics Ltd, as well as government organisations involved in defence and space research such as DRDO and ISRO.