Data Patterns (India) Ltd

Data Patterns (India) Limited — Trading Window closed from October 01, 2026 till the end of 48 hours after the announcement/ declaration of Financial Results of the Company for the quarter and half-year ended September 30, 2026

Cessation of NED Sastry Vadlamani

• Sastry Vadlamani ceased as NED on Sept 9, 2026; completed tenure; not seeking re-appointment due to other commitments.

Acquisition details

• Share Purchase Agreement completed on August 25, 2026 for 100% equity in ST Advanced Composites.
• Total consideration approximately Rs 10 crore.
• Rs 1.5 crore to promoters for equity shares.
• Rs 8.5 crore loan to target to settle liabilities.
• Completion subject to customary conditions precedent and other terms.
• Post-completion, Data Patterns will hold 100% stake on a fully converted basis.

Award details

• Awarding entity: Bharat Electronics Limited (BEL), a domestic Indian entity.
• Nature and scope: Supply of radar electronics.
• Contract value: Rs 585.76 Crores (value of the order).
• Execution: To be executed as per contract.
• Promoter/group: No promoter group interest; not a related party transaction.
• Impact: Increases order book visibility and potential revenue.

Document context

• Monitoring Agency Report for the quarter ended June 30, 2026 has been enclosed.
• ICRA Limited appointed as Monitoring Agency to oversee utilization of QIP proceeds for Data Patterns (India) Ltd.
• Submitted to NSE and BSE for record and compliance.

Financial Performance

• Revenue from operations: INR116 crores, up 17% yearon-year.
• Gross profit: INR91.5 crores; gross margin 78.9%.
• EBITDA: INR31.4 crores; EBITDA margin 27%.
• PAT: INR22.1 crores; PAT margin 19%.
• Net debt-free; cash and investments INR530 crores as on 30 June 2026.
• Order book: INR920 crores as on 30 June 2026; negotiated total INR2,654 crores.

Order Book and Pipeline

• International order book stands at INR39 crores; fresh inflows targeted around INR2,000 crores in FY27.
• Drone and counter-drone traction shows initial orders; growth expected in 3-6 months.
• Negotiated orders not yet in order book include large contracts; conversion timelines span months.
• Acquisition of ST Advanced to augment composites and sensor ecosystem.

Outlook and Guidance

• Full-year revenue growth guidance: 20%–25%.
• EBITDA margins guidance: 35%–40%.

Capex and Investments

• Capex plan: INR200 crores plus over the next 1–2 years; infra like clean rooms and test lines.

Q&A Highlights

• Repairs and maintenance for revamp increased other expenses; ~INR2 crores provision for receivables.
• Revenue timing affected by customer approvals; no exactquantification provided.
• Contract conversions from negotiated orders expected in months; some approvals extended.
• Hawk radar hardware complete; software porting and flight trials expected in coming months.
• ST Advanced acquisition aims to enhance composites and build a sensor ecosystem for growth.
• Addressable market for defense and sensors around INR30,000 crores; potential repeat contracts ~INR10,000–12,000 crores.

AGM Details

• AGM held on 31 July 2026 at 11:00 IST via VC/OAVM.
• Attendance: 73 members representing 2,71,92,828 equity shares.
• Remote e-voting window: 28–30 July 2026; floor voting at meeting.

Key Resolutions

• Adoption of financial statements and auditors’ reports (Ordinary).
• Declaration of final dividend for FY2025-26 (Ordinary).
• Re-appointment of Vijay Ananth K as Director on rotation ( Ordinary).
• Re-appointment of Vijay Ananth K as Whole-time Director (Special).
• Re-appointment of Prasad Raghava Menon as Independent Director for second term (Special).
• Re-appointment of Sowmyan Ramakrishnan as Independent Director for second term (Special).
• Re-appointment of Anuradha Sharma as Independent Director for second term of 1 year (Special).
• Re-designation/Appointment of Mathew Cyriac as Independent Director (Special).
• Ratification of remuneration payable to Cost Auditor (Ordinary).

Voting status

• Voting results not disclosed in the filing.

Dividend

• Final dividend for FY2025-26 declared; amount not stated in the filing.

Directors & Appointments

• Vijay Ananth K reappointed as Director (retiring by rotation).
• Vijay Ananth K reappointed as Whole-time Director.
• Prasad Raghava Menon reappointed as Independent Director for second term.
• Sowmyan Ramakrishnan reappointed as Independent Director for second term.
• Anuradha Sharma reappointed as Independent Director for second term of 1 year.
• Mathew Cyriac redesignated/appointed as Independent Director.

Auditors

• Statutory auditors attended; no change in appointment announced.

Meeting Details

• Date and time: July 31, 2026 at 12:30 IST
• Type and mode: earnings conference call; audio recording

Participants

• Key company participant: Company Secretary and Compliance Officer

Purpose

• Discuss unaudited quarterly results for the quarter ended June 30, 2026

Additional Notes

• Audio recording of the call available on the company website

Business Overview

• Defense electronics maker: radars, EW, avionics; builds full systems from in-house building blocks.
• Export focus and Make-in-India strategy; vertical integration via STAC.
• Acquired ST Advanced Composites to strengthen composite manufacturing.

Quarter Highlights

• Q1FY27 revenue ₹1,160 Mn; EBITDA ₹314 Mn; net ₹221 Mn.
• Gross margin 78.9%; EBITDA margin 27.0%; ROE FY26 16.7%.
• Order book as on 30 Jun 2026: ₹9,277 Mn.
• Cash and investments: ₹4,659 Mn as on 30 Jun 2026.
• 100% stake in ST Advanced Composites acquired for ₹10 Cr.
• QIP funds utilized for product development in Radar, EW, and comms.

Financial Performance

• FY26 revenue ₹9,248 Mn; YoY growth 30.6%.
• FY26 EBITDA ₹3,710 Mn; EBITDA margin 40.1%.
• FY26 net profit ₹2,714 Mn; PAT margin 29.4%.
• Order book on date ₹9,277 Mn; pipeline ₹20-40 bn over 24 months.
• Maintains net debt-free status.

Capital Structure & Liquidity

• Liquidity robust with cash ₹4,659 Mn; limited debt disclosed.

Strategic Priorities & Outlook

• Outlook: 20-25% revenue growth over 2-3 years; FY27 EBITDA margin 35-40%.
• Capex plan: ₹150 Cr over next 2 years; 5-year capex ~₹185 Cr.
• Investing ₹135 Cr+ in new product development; focus on high-end radars and in-house IP.
• Exports and export-marketing expansion; Make-in-India acceleration.
• STAC acquisition strengthens vertical integration and composite manufacturing capabilities.

Risks & Mitigation

• Delays in customer approvals affected quarterly revenue; expected to normalize.
• Indigenous manufacturing focus supports long-term growth.

Governance & Leadership

• Acquisition of STAC 100% stake approved in Q1FY27; strengthens in-house capabilities.
• Promoter-Chairman & MD: Srinivasagopalan Rangarajan.