Data Patterns (India) Limited’s profit dropped 55.3% in the September quarter as revenue contracted, even as first-half order inflows nearly tripled and the company projected a stronger second half.
For Q2 FY27, the quarter ended Sept. 30, 2026, profit after tax was ₹21.97 crore and revenue from operations was ₹133.25 crore, the company said in its results release. Revenue fell 56.7% from a year earlier.
Orders moved in the opposite direction. Data Patterns received ₹929 crore in fresh orders during the quarter, taking first-half FY27 inflows to ₹1,046 crore, nearly three times the same period a year earlier. Its investor presentation put the Sept. 30 closing order book at ₹1,723.6 crore, compared with ₹673.6 crore at the end of Q2 FY26.
The company said execution was exceptionally strong in Q2 FY26, the year-earlier comparison period. It expects program milestones and deliveries to pick up in the second half, which Chairman and Managing Director Srinivasagopalan Rangarajan expects to outperform the first half.
Data Patterns’ presentation set FY27 revenue growth guidance at 20% to 25% and EBITDA margins at about 35% to 40%. It also projected ₹2,000 crore in order inflows for the year, excluding orders already received and those under negotiation. Employee-benefit expense rose 16.3% year over year to ₹440 million in the quarter, the presentation showed.
NDTV Profit reported Nov. 12 that Systematix Institutional Equities maintained its Buy rating and ₹5,100 target price. The outlet said the brokerage valued Data Patterns at 55 times average estimated earnings per share for FY28 and FY29, and that its target implied 25.92% upside to the market price used in the report.
NDTV Profit’s account said Systematix attributed the earnings shortfall mainly to timing and cited customer inspection delays affecting some shipments. The outlet also reported that the brokerage pointed to high fixed employee costs. NDTV Profit said user trials for electronic-warfare shields for Super-Sukhoi were expected after December.
