Data Patterns: Business Overview & Financial Analysis
Data Patterns (India) is a vertically integrated defense and aerospace electronics solutions provider headquartered in Chennai, Tamil Nadu. Promoted by Srinivasagopalan Rangarajan and Rekha Rangarajan, the company designs, develops, and manufactures strategic electronic systems for defence, aerospace, and space applications. Data Patterns handles the entire lifecycle of electronic systems, including design, manufacturing, qualification, and life-cycle support across radars, electronic warfare (EW), avionics, satellite systems, complex assembly, and automated test equipment.
Revenue Breakdown by Order Type of Data Patterns (FY26)
Data Patterns derives its operational revenue across development contracts, production runs, and life-cycle maintenance services.
- Production Orders – 62.0% of Total Revenue
- Development Orders – 32.0% of Total Revenue
- Service & Maintenance Contracts – 6.0% of Total Revenue
- Total Consolidated Revenue from Operations (FY26) – Rs 585.40 crore (+12.8% YoY)
Production orders represent the largest revenue contributor, converting past development wins into serial manufacturing dispatches. Development contracts provide high-margin engineering design income and secure future long-term production pipelines.
Revenue Breakdown by Product Category of Data Patterns (FY26)
Data Patterns structures its defense electronics portfolio across radar platforms, electronic warfare suits, avionics, and space payloads.
- Radars & Radar Subsystems – 38.0% of Total Revenue
- Electronic Warfare (EW) & SIGINT Systems – 26.0% of Total Revenue
- Avionics & Cockpit Displays – 18.0% of Total Revenue
- Automated Test Equipment (ATE) – 11.0% of Total Revenue
- Space Payloads & Small Satellites – 7.0% of Total Revenue
Radars and electronic warfare solutions represent over six-tenths of total revenues, benefiting from domestic defense indigenization mandates. Avionics modules supply ongoing production lines for domestic fighter aircraft, trainer platforms, and military helicopters.
Order Book & Inflow Pipeline of Data Patterns (Q4 FY26)
Data Patterns maintains strong multi-year revenue visibility through confirmed defense procurement orders from government research labs and defense PSUs.
- Total Confirmed Order Book Position – Rs 1,120.50 crore (+18.4% YoY)
- Total Order Inflows Received (FY26) – Rs 680.20 crore
- Order Book to Sales Ratio – 1.91x
- Key Customer Segments – DRDO, HAL, BEL, Indian Armed Forces, and ISRO
The confirmed order book reached Rs 1,120.50 crore as of March 31, 2026, providing nearly two years of forward revenue visibility. Order inflows are driven by defense PSUs and DRDO research contracts across radar upgrades and electronic warfare systems.
Manufacturing Infrastructure & Facilities Network of Data Patterns (FY26)
Data Patterns operates a single-location integrated design and manufacturing campus in Chennai, equipped with cleanrooms and environmental test chambers.
- Integrated Manufacturing Campus Area – 100,000 sq. ft. facility in Siruseri IT Park, Chennai
- Surface Mount Technology (SMT) Assembly Lines – 2 high-speed automated SMT lines
- Environmental Testing Facility – In-house thermal, vibration, and EMI/EMC testing chambers
- Advanced Cleanrooms – Class 10,000 and Class 100,000 cleanrooms for space payload assembly
The Siruseri campus handles design, prototyping, assembly, and testing under one roof, protecting proprietary defense technology intellectual property. Environmental test chambers enable internal military-grade qualification testing before customer deliveries.
Workforce Strength & R&D Capabilities of Data Patterns (FY26)
Data Patterns invests significantly in high-end domain engineering talent to maintain design IP rights across defense electronics verticals.
- Total Employee Headcount – 1,150+ professionals
- R&D & Design Engineering Team – 550+ specialized hardware, software, and mechanical engineers
- R&D Expense Share of Revenue – 8.5% of total annual turnover
- In-House Building Blocks Base – 500+ proprietary reusable hardware and software modules
Over 45% of the total workforce consists of specialized design engineers, anchoring the company's internal product development engine. A library of 500+ proprietary building block modules accelerates prototype development times for new defense tenders.
Latest Quarterly Financial Performance of Data Patterns (Q4 FY26)
Data Patterns recorded strong revenue expansion and operating margin performance during the fourth quarter of FY26.
- Consolidated Revenue from Operations – Rs 182.40 crore (+15.2% YoY)
- Consolidated Operating EBITDA – Rs 76.80 crore (+18.5% YoY)
- Consolidated Operating EBITDA Margin – 42.1% (+118 bps YoY)
- Consolidated Net Profit After Tax (PAT) – Rs 58.20 crore (+21.4% YoY)
- Board Recommended Final Dividend – Rs 6.50 per equity share
Fourth-quarter operating revenue rose 15.2% year-on-year to Rs 182.40 crore, supported by production batch dispatches for radar and avionics platforms. Consolidated Net Profit After Tax reached Rs 58.20 crore, while operating EBITDA margins expanded to 42.1%.
Consolidated Annual Financial Performance of Data Patterns (FY26)
Data Patterns delivered steady top-line growth and net profit expansion for full financial year FY26.
- Full Year Consolidated Revenue from Operations – Rs 585.40 crore (+12.8% YoY)
- Full Year Operating EBITDA – Rs 238.20 crore (+14.5% YoY)
- Full Year Operating EBITDA Margin – 40.7% (+60 bps YoY)
- Consolidated Net Profit After Tax (PAT) – Rs 181.50 crore (+18.2% YoY)
- Full Year Return on Equity (ROE) – 14.8%
Full-year operating revenue reached Rs 585.40 crore in FY26, as consolidated Net Profit After Tax expanded 18.2% to Rs 181.50 crore. Annual profitability was supported by high-margin development contracts and operating leverage across manufacturing lines.
Financial Position & Capital Structure Metrics of Data Patterns (Q4 FY26)
Data Patterns maintains an asset-light, zero-debt financial structure backed by substantial cash and liquid surplus balances.
- Debt to Equity Ratio – Net Cash Positive / Zero Debt (0.00x)
- Cash, Bank Balances & Liquid Investments – Rs 920 crore (funded partly via QIP proceeds)
- Return on Capital Employed (ROCE) – 18.5%
- Net Working Capital Cycle – 285 days (due to long defense testing and customer acceptance cycles)
The company closed FY26 with zero long-term financial debt and Rs 920 crore in liquid surplus balances following earlier QIP equity raises. High working capital days reflect lengthy military qualification and customer acceptance timelines inherent in defense electronics.
Expansion Pipeline & Infrastructure Outlay of Data Patterns (FY27–FY28)
Data Patterns executes capital deployment plans to construct a second manufacturing facility and expand testing capabilities in Chennai.
- Planned Facility Expansion Land Area – 2.5 acres acquired adjacent to existing Siruseri facility
- New Facility Construction Area – 120,000 sq. ft. additional floor space planned
- Total Planned Capital Expenditure – Rs 150–180 crore over FY27–FY28
- Funding Strategy – 100% funded through internal cash accruals and QIP proceeds
Capital expenditure is budgeted at Rs 150–180 crore to construct a 120,000 sq. ft. facility expansion in Siruseri, doubling existing manufacturing floor area. Expansion outlays focus on scaling automated assembly, cleanrooms, and high-frequency radar integration bays.
Management Commentary & Strategic Outlook of Data Patterns (Q4 FY26 / FY27)
Management guidance highlights strategic priorities centered on order book acceleration, export market penetration, and complex radar systems development.
- Management targets achieving a 20%–25% annual revenue growth CAGR over the FY27–FY29 period.
- Consolidated Operating EBITDA margins are guided to sustain within the 38.0%–42.0% band due to high-margin IP ownership.
- Annual order inflow target for FY27 is set at Rs 800–1,000 crore across defense and export channels.
- Export revenue share is targeted to reach 15% of total sales over the next 3 to 4 years via global defense OEM tie-ups.
- R&D outlays will continue at 8%–10% of annual turnover to develop next-generation Active Electronically Scanned Array (AESA) radars and seekers.
Management anticipates strong domestic defense procurement under the "Make in India" initiative to drive order book expansion. Operational focus centers on executing large production contracts, expanding export partnerships, and completing facility construction in Chennai.
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Sources & References
- Data Patterns (India) Q4 & Full Year FY26 Consolidated Financial Results Disclosures (May 2026)
- Data Patterns (India) Q4 FY26 Investor Presentation & Fact Sheet (May 2026)
- Data Patterns (India) Q4 FY26 Earnings Conference Call Transcript (May 2026)
- BSE India & NSE Official Corporate Announcements for Data Patterns (India)
- Ticker Finology Data Patterns Page
Disclaimer
The information presented above on Data Patterns has been compiled from the company's Annual Reports, Investor Presentations, Earnings Call (Concall) Transcripts, official regulatory filings and the financial data available on Finology Ticker. Certain figures, classifications or comparisons may vary due to differences in accounting policies, reporting methodologies or subsequent restatements by the company. This content is intended solely for informational purposes and should not be considered as investment advice. Investors are advised to refer to the latest company filings and the updated financial data, ratios and disclosures available on this Finology Ticker Data Patterns page before making any investment decision. Investment in securities market are subject to market risks. Read all the related documents carefully before investing.