Margin compression from strategic low-margin contracts
The ₹180 crore strategic contract executed at competitive pricing compressed EBITDA margins to 22%; similar future contracts could pressure margins.
DATAPATTNS / Q2-FY26 / risks
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Data Patterns (India) · Material risks, their source context, and severity in the latest available quarter.
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Risk intelligence
Material risks this quarter
medium
Delays in conversion of negotiated orders
₹550 crore of orders are negotiated but not yet confirmed; delays in MOD approvals could push inflows beyond H2.
High working capital cycle
Working capital days at 343, though expected to improve; any delay in customer payments could strain cash flows.
Competition from foreign OEMs and domestic players
Management acknowledged that foreign companies with mature products and tie-ups with Indian firms pose competition, especially in export markets.