KIRA Research · Defence · Defence Electronics
Data Patterns (India) Limited
Research: READYConfidence: HIGHKIRA Score: Not yet scoredSmallFigures: INR crore; basis shown per row
KIRA view
High-margin defence electronics with strong multi-year CAGR; lumpy orders are structural. Major strength: margins + indigenous IP. Major risk: customer concentration + order timing. ANALYSIS
Pillar 1 — Business Quality & Moat
Revenue drivers
- Defence order execution ANALYSIS
- AMC annuities ANALYSIS
Competitive position — peers
- BEL (partial) ANALYSIS
- Astra Microwave ANALYSIS
- Zen Technologies ANALYSIS
- MTAR Tech ANALYSIS
Pillar 2 — Growth Quality
| Metric | Period | Value | Basis | Provenance | Source |
|---|---|---|---|---|---|
| Revenue | FY26 | ₹925 cr | Standalone | SOURCED | S10, S11 |
| EBITDA | FY26 | ₹371 cr | Standalone | SOURCED | S11, S10 |
| Revenue | FY25 | ₹708.35 cr | Standalone | SOURCED | S10 |
| Net profit (PAT) | FY26 | ₹271.37 cr | Standalone | SOURCED | S10 |
| Net profit (PAT) | FY25 | ₹221.81 cr | Standalone | SOURCED | S10 |
| EBITDA | FY25 | ₹275 cr | Standalone | SOURCED | S11 |
Growth drivers
- Order book Rs928cr (Jun-26); ~Rs2,654cr incl. negotiated (~2.3yr cover) ANALYSIS
- Indigenisation tailwind ANALYSIS
- Radar/avionics pipeline ANALYSIS
Recent developments
- FY26 audited results approved by the Board on 14 May 2026; order book ₹926.48 crore at 31-Mar-2026 (₹2,061.79 crore incl. orders under negotiation). Q1FY27 order-book figures cited elsewhere are not yet verified against a primary document. SOURCED S10, S11
Pillar 3 — Profitability & Return Ratios
| Metric | Period | Value | Basis | Provenance | Source |
|---|---|---|---|---|---|
| EBITDA margin | FY26 | 40.1% | Standalone | SOURCED | S11, S10 |
| Gross margin | FY26 | 63.2% | Standalone | SOURCED | S10 |
Pillar 4 — Balance Sheet Strength
Notes
- note: Typically low-debt; detail from AR pending ANALYSIS
Pillar 5 — Cash Flow & Earnings Quality
Notes
- note: Order-cycle-driven; detail pending ANALYSIS
Pillar 6 — Governance & Shareholding
Shareholding
| Metric | Period | Value | Basis | Provenance | Source |
|---|---|---|---|---|---|
| promoter % | 2026-06-30 | 42.41% | — | SOURCED | S12 |
| institutions domestic | 2026-06-30 | 11.98% | — | SOURCED | S12 |
| institutions foreign | 2026-06-30 | 12.5% | — | SOURCED | S12 |
| non institutions | 2026-06-30 | 33.11% | — | SOURCED | S12 |
Shareholding notes
- Promoter & promoter group 42.41% as of 30-Jun-2026, no encumbrance (S12). SOURCED S12
Governance, regulatory & litigation
- Promoter & promoter group hold 42.41% (30-Jun-2026); no promoter shares pledged or encumbered. [Company filing] Kimi's 'no red flags found' removed: no documented check supports it. SOURCED S12
Pillar 7 — Valuation Comfort
NOT VERIFIED — no verified data for this pillar yet.
Pillar 8 — Technical Confirmation
No sourced technical data. This pillar is informational only and never carries entry levels, targets, stop-losses or buy/sell/hold calls.
Material risks
- MoD/DRDO customer concentration ANALYSIS
- Quarterly order lumpiness (Q1FY27 inflow -36% QoQ) ANALYSIS
- Small-cap liquidity ANALYSIS
Key questions to monitor
None recorded yet.
Sources
| ID | Document | Publisher | Type | Date | Authority |
|---|---|---|---|---|---|
| S10 | Audited Financial Results for the quarter and year ended 31 March 2026 | Data Patterns (India) Limited | audited results (exchange filing) | 2026-05-14 | PRIMARY |
| S11 | Intimation of Press Release — Q4 FY 2025-26 (NSE: DATAPATTNS, BSE: 543428) | Data Patterns (India) Limited | results press release (exchange filing) | 2026-05-14 | PRIMARY |
| S12 | Shareholding Pattern — quarter ended 30-06-2026 (Scrip 543428 / DATAPATTNS / ISIN INE0IX101010) | Data Patterns (India) Limited | shareholding pattern (Reg. 31 filing) | 2026-06-30 | PRIMARY |
Research status
- Status
- READY
- Confidence
- HIGH
- Data as of
- 2026-09-26
- KIRA Score
- Not yet scored — no verified KIRA Score registry match
- Method
- Primary filings first; aggregators for cross-check only. SOURCED = from a cited document; ANALYSIS = KIRA interpretation; UNVERIFIED = not yet checked against a primary source.
- Withheld
- 9 item(s) not yet verified are not shown.
Data conflicts
- Resolved · financials.basis
Kimi labelled FY26 figures 'consolidated'.
S10