Delays in government contract finalizations
Orders negotiated but not yet awarded (₹1,100 crore) may face delays, impacting near-term revenue visibility.
medium · management_commentaryData Patterns (India) Limited — Q3 FY26
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.
bullish
high
Financial stats pending filing verification
Risk Intelligence
Material risks this quarter
Concise cards keep the risk register scannable while preserving evidence-level context in the underlying quarter data.
Risks
Working capital cycle pressure
Cash on hand is at lowest in eight quarters; working capital days at ~340, though expected to improve with collections.
medium · data_observationCompetition in radar and EW segments
Increasing number of players entering radar and EW space could pressure margins; management differentiates via IP and system-level offerings.
medium · analyst_questionDependence on government defense spending
Business heavily reliant on government contracts; any slowdown in defense allocations could impact order inflows.
low · management_commentary