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Revenue
₹173 Cr
verification pending
Revenue YoY
48%
reported change
EBITDA
₹78 Cr
latest reported figure
Source
bse pending
record provenance
Actual signal trajectory
Where this quarter sits.
Quarter read
What the record says.
Data Patterns delivered a strong Q3 FY26 with revenue of ₹173 crore (+48% YoY) and EBITDA of ₹78 crore (+44% YoY), maintaining a healthy 44% EBITDA margin. PAT grew 31% YoY to ₹58 crore. The record order book of ₹1,868 crore and a pipeline of ₹1,100 crore in negotiated orders provide strong visibility. Growth was driven by improved execution across defense programs, particularly in electronic warfare and seekers. Management guided for 20-25% revenue growth over the medium term and expects healthy EBITDA margins. Key risks include potential delays in government contract finalizations and working capital cycles, which management expects to improve as collections materialize.
Colored figures show movement against the previous available record.
Guidance to track
- Management expects to deliver 20-25% revenue growth over the medium term, supported by strong order book and pipeline.
- EBITDA margins expected to remain healthy, similar to historical levels, though mix-dependent.
- Working capital cycle expected to gradually improve from current ~340 days to 270-300 days as collections improve.
- BrahMos seeker development complete; production orders expected in FY26-27 after delivery of development units.
Risks flagged
- Orders negotiated but not yet awarded (₹1,100 crore) may face delays, impacting near-term revenue visibility.
- Cash on hand is at lowest in eight quarters; working capital days at ~340, though expected to improve with collections.
- Increasing number of players entering radar and EW space could pressure margins; management differentiates via IP and system-level offerings.
- Business heavily reliant on government contracts; any slowdown in defense allocations could impact order inflows.
Key quotes
- Our order book has reached an all-time high of ₹1,868 crores, largest in the history of Data Patterns.
- We want to build a profitable company. We're not going to be going after the revenue business. It has to be bottom line driven business.
- We've completed the seeker trials. We'll be delivering it in the next one or two months time ahead of schedule.
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