Data Patterns (India) Limited is one of India's fastest-growing vertically integrated defence and aerospace electronics companies with over 35 years in the business. Based in Chennai's SIPCOT IT Park, the company designs, develops, and manufactures mission-critical electronics for all combat platforms — Space, Air, Land and Sea.
Its technology is embedded in marquee programmes:
LCA Tejas BrahMos Missile Light Utility Helicopter Doppler Weather Radars (IMD) AMCA Consortium Electronic Warfare Suites
Unlike conventional suppliers, Data Patterns follows an IP-driven model — it anticipates defence requirements and develops indigenous solutions in advance, giving it a first-mover advantage when government tenders are issued. The company owns its designs, pays no foreign licensing fees, and retains structurally higher margins.
CMD: Srinivasagopalan Rangarajan · Auditor: Deloitte Haskins & Sells LLP · Incorporated: 1998 · Listed: December 2021
| Quarter | Revenue (₹ Cr) | Net Profit (₹ Cr) | Revenue YoY | Profit YoY |
|---|---|---|---|---|
| Q3 FY26 — Dec 2025 | 173.13 | 58.30 | +48% | +30.5% |
| Q2 FY26 — Sep 2025 | 307.46 | 49.19 | +238% | +62.5% |
| Q1 FY26 — Jun 2025 | 99.33 | 25.50 | −4.6% | −22.2% |
| Q3 FY25 — Dec 2024 | 117.04 | 44.66 | Base Period | Base Period |
| Q2 FY25 — Sep 2024 | 91.02 | 30.28 | Base Period | Base Period |
⚠️ Revenue is lumpy due to milestone-based defence contracts. Sequential dips do not indicate business deterioration — this is normal for project-based defence companies.
✅ Key Strengths
⚠️ Key Risks
Total Institutional Holding: ~21.82% — growing consistently each quarter, signalling rising discovery by large investors.
20–25% Revenue CAGR
Management has formally guided 20–25% revenue growth over 2–3 years, backed by a robust ₹2,000–3,000 Cr pipeline over the next two years.
AMCA — 5th-Gen Fighter
Data Patterns is part of the Bharat Forge–BEML consortium shortlisted for India's Advanced Medium Combat Aircraft programme. RFP expected April 2026, final decision by year-end.
Export Expansion
BrahMos deal with Indonesia benefits Data Patterns. Company is targeting global OEM partnerships to diversify revenue beyond Indian MoD contracts.
Radar & Weather Systems
IMD's Doppler Radar network expansion provides recurring order flow. Over ₹567 Cr already secured; more contracts expected as IMD modernises its national network.
Systems Integrator Pivot
Strategically evolving from a subsystem supplier to a full systems integrator — unlocking higher-value, higher-margin opportunities in the medium term.
Defence Budget Tailwind
India's FY27 defence budget stands at a record ₹7.85 lakh crore, with 75% of capital procurement reserved for domestic vendors — a structural multi-year tailwind.
| Company | Mkt Cap (Cr) | Type | Focus Area | Competitive Moat |
|---|---|---|---|---|
| Data Patterns India | ₹18,305 | Private | Defence Electronics, Radars, EW, Avionics | IP-Driven ★★★★★ |
| Bharat Electronics (BEL) | ~₹1,80,000 | PSU | Radar, Communication, Electronic Warfare | Scale + Govt ★★★★ |
| HAL | ~₹2,30,000 | PSU | Aerospace, Aircraft Manufacturing | Monopoly ★★★★ |
| Paras Defence | ~₹3,500 | Private | Optics, EMP Protection | Niche ★★★ |
| Solar Industries | ~₹65,000 | Private | Explosives, Ammunition | Scale + IP ★★★★ |
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